Since its start, Bitcoin has been called “dead” many times by doubters each time leading to predictions of its demise. Our Bitcoin Obituaries tracks every instance where Bitcoin was pronounced “dead” by critics (who might have used our Bitcoin obituary generator). These claims often emerge during market downturns or regulatory challenges, yet Bitcoin consistently rebounds, demonstrating its resilience.
Even though some thought it wouldn’t last, the world of digital money is still alive and kicking. Bitcoin leads the way, and new things like crypto casinos are making it even more exciting.
So, is Bitcoin dead yet?
Bitcoin has died 477 times
“Bitcoin acceptance is virtually zero and shrinking” – Yahoo Finance | $2410.55
A research note out Wednesday by a group of analysts at Morgan Stanley led by James E Faucette said “bitcoin acceptance is virtually zero and shrinking,” despite its impressive appreciation. Eulogy made by: Morgan Stanley Source
״Why Investors Should Ignore the Cryptocurrency Hype״ – Investopedia | $2,594.21
I’ve seen enough cryptocurrency stories over the last few weeks to last me a lifetime, especially about Bitcoin. Bitcoin is not a store of value, and it’s not a reasonable investment candidate. You’ve been warned! Bitcoin isn’t a currency, it’s not a store of value and it’s certainly not worthy of investment. Cryptocurrencies are the..
“Why Bitcoin is doomed to fail” – Steemit | $2,654.39
Their are many long term issues of bitcoin that are unfixable by the community and could crash the economy or make the currency otherwise useless. Many of these issues can apply to the majority of cryptocurrencys as a whole. Here are three of the major issues with Bitcoin: BITCOIN WILL INEVITABLY BECOME CENTRALIZED- The main..
“Bitcoin and Ethereum…both soon obsolete” – James Ricakrds | $2623.69
We now have enough information on cryptocurrencies to conclude that Bitcoin = Betamax, and Ethereum = VHS. One wins, but both soon obsolete. Eulogy made by: James Rickards Source
“Why Bitcoin Can’t Serve As A Currency” – Seeking Alpha | $2345.56
Bitcoin can’t serve as a currency… The Bitcoin Investment Trust still trades at a large premium to this failed currency. Eulogy made by: Paulo Santos Source
“Stay away from bitcoin — it’s complete garbage” – MarketWatch | $2345.56
Cryptocurrencies, or cyber currencies, which have been in a massive financial mania until their sudden sell-off this week, have two actual uses: online gambling and money laundering. Neither is the heart of a major business model. But that’s it….. Online currencies are hardly a “store of value” when they have fallen about 30% in a..
“RAOUL PAL: Bitcoin is a mania” – Business Insider | $2,694.33
This revolutionary digital infrastructure will soon be able to process billions more transactions than Bitcoin ever has. It may well be a Bitcoin killer or at best, provide the framework for how blockchain technology could be applied in the real world. Source
“Mark Cuban calls bitcoin a bubble, price falls” – CNBC | $2741.29
I think it’s in a bubble. I just don’t know when or how much it corrects. When everyone is bragging about how easy they are making $=bubble Anyone anywhere can buy a stock. #crypto is like gold. More religion than asset. Except of course gold makes nice jewelry. #crypto notsomuch Eulogy made by: Mark Cuban..
“Bitcoin is the World’s Second Worst Currency” – Kyle Duck | $2306.75
Bitcoin is a bubble. The Bitcoin bubble will pop. Nobody knows when it will pop, but it will…Bitcoin has no intrinsic value or utility…That’s why Bitcoin is the second worst currency in the world. Eulogy made by: Kyle Duck
“What is a Good Price For Bitcoin and Other Cryptocurrencies? Zero.” – Jonathan Harris | $2262.83
Cryptocurrencies do not belong in any investment portfolio. I say this as a Chartered Financial Analyst with 20 years experience who understands the underlying math and the economic issues involved. Fundamentally, Bitcoin has no value… Bitcoin acceptance by consumers is unlikely… Eulogy made by: Jonathan Harris Source
“Bitcoin: Ponzi gone global” – Macro Business | $2358.96
“This is a global ponzi scheme and that’s the end of it. …You don’t have to be Einstein to see that a super-national currency like this fundamentally undermines the power of authoritarian states like China, not to mention liberal democracies as well. If you can tell me where that risk leads then you are Albert..
“Bitcoins – Are You Kidding Me?” – Seeking Alpha | $1938.7
Is it a good investment? Stanford and Princeton say bitcoin has volatility seven times greater than gold, eight times greater than the S&P 500, and 18 times greater than the U.S. dollar. My answer:No. Some of the hype tossed by Bitcoin sellers include: Buy bitcoins with your IRA Seriously? Sure, reverse mortgage your house while..