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 Is Nothing More Than A Highly Speculative Asset’ – Twitter | $40,693.98
Bitcoin’s volatility is its Achilles’ heel and the reason it will never serve as a reliable unit of account or currency. Bitcoin is nothing more than a highly speculative asset with a fundamental value of ZERO. Eulogy made by Steve Hanke Source
‘Why Bitcoin Is A Scam’ – YouTube | $44,883.91
Eulogy made by Doug Henwood Source
‘Cryptocurrencies Will Eventually Prove To Be Worthless’ – MarketWatch | $47,054.98
Cryptocurrencies, regardless of where they’re trading today, will eventually prove to be worthless. Once the exuberance wears off, or liquidity dries up, they will go to zero. I wouldn’t recommend anyone invest in cryptocurrencies,” John Paulson, president and portfolio manager of U.S. investment firm Paulson & Co., told Bloomberg Wealth in an interview that published..
‘Bitcoin Will NEVER Be Considered A Currency’ – Twitter | $39,406.94
Wildly volatile, highly speculative, and fundamentally worthless. #Bitcoin will NEVER be considered a currency. Are the #BTC evangelists and enthusiasts blindly digging their own graves? Eulogy made by Steve Hanke Source
‘Bitcoin Is Headed For Zero’ – Gizmodo | $30,817.83
I predict all these forms of cryptocurrencies that are not backed by central banks or backed by assets will ultimately go to zero. I can’t tell you when it will happen, but it’s inevitable that it will go to zero, Eulogy made by Hamish Douglass Source
‘The Next Bitcoin Crash Will Be Really Bad’ – YouTube | 33,155.85
…In 12 years that we’ve had bitcoin, we haven’t actually tested its fragility. It sounds crazy but we’ve seen bitcoin recover from a stumble. Sure, we’ve seen the ups and downs but we haven’t seen what happens when it really falls down hard. At the moment bitcoin is the preeminent leader in crypto. It has..
‘Of Course Bitcoin Is Gonna Go To Zero’ – YouTube | $33,798.01
https://youtu.be/b1IJ9kqBilE?t=3463 Think of bitcoin like Vegas. If you enjoy trading it, great, just know that most people will not get their money back (58:00) Eulogy made by Peter Zeihan Source
‘BTC Is Worth Exactly Zero’ – Twitter | $31,676.69
In its current version, in spite of the hype, bitcoin failed to satisfy the notion of “currency without government” (it proved to not even be a currency at all), can be neither a short or long term store of value (its expected value is no higher than 0), cannot operate as a reliable inflation hedge,..
‘Over The Long Term Bitcoin Will Fail’ – YouTube | $38,053.50
(4:25) Eulogy made by Maurice Hoefgen Source
‘Bitcoins Is A $730 Billion Pump And Dump Scheme’ – Twitter | $40,536.07
#BTC is literally a $730 billion pump & dump scheme. Fed Fund Target Rate at 3.0% or higher will kill the asset class, don’t overthink it. Eulogy made by @rosemontseneca Source
‘The Brutal Truth About Bitcoin’ – The New York Times | $40,536.07
While Bitcoin has failed in its stated objectives, it has become a speculative investment. This is puzzling. It has no intrinsic value and is not backed by anything. Bitcoin devotees will tell you that, like gold, its value comes from its scarcity — Bitcoin’s computer algorithm mandates a fixed cap of 21 million digital coins..
‘Adios Bitcoin!’ – The Institutional Risk Analyst | $40,536.07
Soon the world of crypto tokens will again be an exclusive playground for criminals, terrorists and money launderers as legitimate users of electronic payments migrate to stable value tokens. Adios bitcoin! Eulogy made by R. Christopher Whalen Source