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 was supposed to change the world. What happened?” – Vox | $735.54
“I think Bitcoin has stalled out,” said Nathaniel Popper, a reporter for the New York Times who wrote a book about Bitcoin in 2014. What went wrong? The Bitcoin community has been hampered by a dysfunctional culture that has grown increasingly hostile toward experimentation. That has made it difficult for the Bitcoin network to keep..
״Circle CEO: Nobody Will Be Using Bitcoin in 5 to 10 Years״ – CoinJournal | $744.86
“Our view is that we’re still in the really early stages of the technology and its development. It’s highly unlikely that any of us will be using Bitcoin in five or ten years. In the same way that – how many of us use NCSA Mosaic or Netscape Navigator?” Allaire went on to say that..
“Bitcoin’s at It Again” – Bloomberg | $734.35
It’s still a good reason not to use Bitcoin as a hedge against the expected market sell-off an electoral victory by Donald Trump would entail. There are other reasons, too. For one, Bitcoin is quickly becoming a thing of the past. Source
“IS BITCOIN DOOMED?” – Newsweek | $635.43
Bitcoin will expire the very day the first quantum computer appears…. It will be doomed, Tomlinson says. Any disruption needs the consensus of the bitcoin community and that can’t even be realized when it comes to thetransaction limit problem . That’s a relatively simple problem compared to redoing the entire digital signature method. It’s probably..
“Cryptocurrencies are Dead” – Medium | $606.43
Cryptocurrencies are dead. Long live cryptocurrencies! Source
“How Bitcoin was brought down by its own potential—and the banks” – Quartz | $572.84
The best that can be said about Bitcoin right now is that it still exists. Split by internal divisions while its most useful aspects are harvested by the very financial behemoths it once hoped to destroy, Bitcoin is fast becoming the tech world’s version of Waiting for Godot, wherein a hermetically sealed community squabbles and..
“The Bitcoin Bros Have Lost” – Deal Breaker | $577.58
The cryptoanarchists’ revolution is over. Condolences. The victorious cryptocapitalists’ advice is: Do what your parents did! Get a job, sir, at UBS,Deutshe Bank, Santander or BNY Mellon. Even JPMorgan Chase. Source
“Why Ethereum Succeeded Where Bitcoin Failed” – Vice.com | $667.15
The deadlock between competing corners of the Bitcoin community when it comes to hard forking, in contrast, spells doom for the currency, according to Tual. “As long as that’s true, Bitcoin will never evolve, and it will die, because what doesn’t evolve dies.” Source
“Is Bitcoin a Failure?” – FreeKeene | $ 666.23
Russo’s glaring point remains, Bitcoin has created a class hierarchy divided by computational power. The cryptocurrency as is can not deliver on the promises of decentralization, anonymity, or full control over property. And I agree with him. Source
“Bitcoin’s Rallying Again—But Isn’t Getting Much Attention Anymore” – WSJ | $577.14
Lack of media and public interest bode poorly for the long-term future of the virtual currency, even though it has regained much of the value it lost in 2014…. But the rest of the world appears to have lost interest. That’s not great for the long-term use of bitcoin and the fans who want to..
We rather disagree with the estimation of Bitcoin – Adam Smith | $572.65
…However, we’re rather less optimistic about the prospects for Bitcoin. We’re sure that the blockchain will be used to do some interesting things, although pretty certain that it will be a less clunky version of it which is. Bitcoin itself we don’t think is going that far. And we’re really pretty sure that it’s not..
“Bitcoin May Be Failing, But The Technology Behind It Will Live On” – Forbes | $442.88
despite the libertarian fantasies that were being bandied about at the time, Bitcoin was unlikely to ever be a mainstream currency. Now it seems that Bitcoin is indeed collapsing and key figures in the community are starting to back away from it. The reasons for Bitcoin’s failure are many, including poor governance, a lack of..