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Author Topic: Bitcoin has died 474 times  (Read 584 times)
RapTarX (OP)
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October 21, 2021, 06:54:32 PM
Last edit: August 13, 2023, 06:47:38 PM by RapTarX
Merited by pooya87 (4), hugeblack (4), dkbit98 (1)
 #1

Recently, I was stumbled upon 99bitcoins.com & found these interesting Bitcoin Obituaries. It's in fact a record of how many times people forecasted the end of bitcoin and the official count is 432 474 up until now. There are thousands more which we have no record of but this has the record. The interesting part is that in the following graph you can get the source where someone has forecasted the death/end of bitcoin. It's pretty cool; I have read a few from long ago. There are some more interesting stats you may enjoy. Don't forget to have a click on the page.


Source- 99bitcoins.com

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October 21, 2021, 07:15:47 PM
 #2

Extremely interesting I have to agree, you don't find such nice data points easily, the best part is all of these people were notable names of the financial world and a few of them have even changed their opinions lately. But the worst part is the audacity and confidence that some people have while saying that Bitcoin is worthless, I mean everyone is obviously free to have an opinion but saying outright that a thing which has a market cap of more than a trillion is absolutely shit and will become zero one day. You really have to be quite stupid to buy this.
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October 21, 2021, 07:16:19 PM
 #3

These articles are written usually from haters and since it always had haters, this occurs often. If you notice it, they keep their mouth shut during bull runs, but appear in bear runs when they believe they were right.

Their attitude towards bitcoin is justified. It is called psychological projection.

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October 21, 2021, 07:21:26 PM
Last edit: October 21, 2021, 07:32:06 PM by bL4nkcode
 #4

It's in fact a record of how many times people forecasted the end of bitcoin and the official count is 432 up until now. There are thousands more which we have no record of but this has the record. [...]
99bitcoins had this since 2018 and has the highest number of archives (I guess).

I remember someone shared a website with fancy looking chart/illustration website regarding the list of "bitcoin is dead" reasons Cheesy, but sadly, I can't find the thread.

EDIT: I guess this is the website https://www.bitcoinisdead.org/
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October 21, 2021, 07:21:41 PM
 #5

Pretty much says that haters are gonna hate.

Yes, I'm familiar with that website and visited it multiple times already and at first I was affected by it. But in the years that I have been with bitcoin and crypto in general, I just thought that it is funny when haters saying bitcoin has died and yet we have a new all time high. And I just whatever happens to bitcoin in the future this haters are going to say negative things and will continue to do so specially in a bear market.

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October 21, 2021, 07:57:15 PM
 #6

And I will not be surprised if the number keeps on getting bigger and bigger.

There are still a lot of people that are upset with bitcoin's growth and success, and will literally shout at the top of their lungs that bitcoin is dying the moment the price goes awry and reds are being posted on charts. Idk what they are gaining from being haters of bitcoin, but it's fun to see them disappear whenever bitcoin goes against their doom prophecies.

But they can keep on trying, though. Maybe they'll hit the bull's eye and bitcoin actually goes dead by that time Cheesy

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October 21, 2021, 09:33:25 PM
 #7

Thats a very interesting link for sure. That chart just proves how wrong
they have been - every time

As we see more ETF's getting approved we will see greater acceptance
of Bitcoin by the Business class and high net worth investors, you know,
the ones who up until now have been the ones shooting down Bitcoin.

As soon as they see it as just another stock, commodity, currency and
can make more money off of it the less they will hate it.

R


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October 21, 2021, 09:51:38 PM
 #8

432 times (and counting) = 432 people (and counting) talking negative and hating Bitcoin. But I don't think they remain nega knowing that they are wrong about their predictions.

We can stop people from getting bitter to see the success of Bitcoin, they are close-minded individuals but anyways, who cares, right? Many had proven it and appreciate the benefits that we got from this. They just only few and no matter what they are saying, it is still won't affect the market.

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October 21, 2021, 09:52:29 PM
 #9

There are still a lot of people who are annoyed with the growth and success of bitcoin, and will literally scream in their heads that bitcoin is dying at a time when the price is volatile and red is being posted on the charts. And this will go on much more if all the statistic here is one of those BTC haters who want to bring down BTC and of course anything that has likes and dislikes. so I don't see any surprises here.
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October 21, 2021, 09:58:53 PM
 #10

It's a slap to those that have said that bitcoin has died. It has reached a new ATH and despite correcting right now, it's still at the price of $62k. They'll be the ones to feel bad about it but understanding the situation, we're still good with the price that it has.
And again, whenever there will be bad news, it won't stop them to say that bitcoin is dead and worthless and whatsoever. They're living with those lies and bitterness.

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October 21, 2021, 09:59:49 PM
 #11

Died many times but this one is Immortal.  Cool

People never ever learn and to those people who do claim out about bitcoin being dead then for sure they had changed up their minds and hearts and become supporter instead
specially now it had break another all time high.

Corrections and price decrease we're normal because there would really be a point where people do really make out some sell off or taking profits.
Lets just deal on what this market holds.

R


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October 21, 2021, 10:11:43 PM
 #12

...But the worst part is the audacity and confidence that some people have while saying that Bitcoin is worthless, I mean everyone is obviously free to have an opinion but saying outright that a thing which has a market cap of more than a trillion is absolutely shit and will become zero one day. You really have to be quite stupid to buy this.
Confidence? They may say such things with a straight face on camera or in social media but they must be crying deep inside for all we know hehehe.

I just continue to ignore people who still says it's a bubble or not backed by anything and let the market show it to their faces.

R


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October 21, 2021, 10:32:53 PM
 #13

I am wondering, what is meant by the dead for Bitcoin in this case actually?
Dead mean dead, will there be another life after that died in a similar world?
Hemm or this is only an accuse or glance saying by someone who loves justifying about something?
Are they are professionals and do they really know about the Bitcoin chart?

I am personally never thought about this, what I am thinking is about Bitcoin right now and the possibilities about the future. We all cannot know or predict the future exactly. We may be dead before the Bitcoin is dead  Grin
BUt we may also not know if Bitcoin will last forever

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October 22, 2021, 10:23:25 AM
 #14

I just wonder how all these people who have written all this nonsense over the years feel, have some changed their minds, are they ashamed or do they still insist on digging virtual graves? All this seems even stranger if we know that Bitcoin is not something that was created a few months or 2-3 years ago, and such articles are constantly appearing.

Human stupidity is limitless, I think it surpasses the size of the universe.

.
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October 22, 2021, 12:40:56 PM
 #15

And has also revived 432 times? Kidding, it has never actually died imo, as long as at least maybe two-person actually use it, it would always be alive. It's a medium after all, even if a thousand haters show up, as long as it's core purpose remains and people still use it for what it's worth, haters would basically have no choice but to actually accept that Bitcoin isn't exactly dead, and their rants wouldn't do anything, at all. There are some of those probably, that have changed and have accepted Bitcoin for the better. Afterall, I'd reckon true haters would actually know the relevance of what Bitcoin is right now.

R


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October 22, 2021, 01:28:12 PM
 #16

That was the lousy act perpetrated by the Bitcoin haters, every time there will be an issue or even a simple market correction they are present shouting Bitcoin is dying! But no matter how many times they are going to do that, Bitcoin remains standing and stronger than ever before by achieving a new all-time high record and beating many speculations against Bitcoin. that's why my question is, Is that a sign of dying? that's crazy haters gonna hate let them feel the stress of being a hater. long live Bitcoin.
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October 22, 2021, 03:51:17 PM
Merited by Lucius (1)
 #17

I just wonder how all these people who have written all this nonsense over the years feel, have some changed their minds, are they ashamed or do they still insist on digging virtual graves? All this seems even stranger if we know that Bitcoin is not something that was created a few months or 2-3 years ago, and such articles are constantly appearing.

Human stupidity is limitless, I think it surpasses the size of the universe.

Actually I think most of the ones who claim it after 2017 are the same people,,, or people trolling.

Even those against Bitcoin do not believe it will die, hence why they fight against it so hard. And those who insist on believing Bitcoin is dead actually cannot change their minds ever. Simply because they are stuck in their own system (like fiat or gold or whatever).

Human stupidity is not only limitless, but expanding, like the universe  Grin

.
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SquirrelJulietGarden
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October 22, 2021, 04:52:35 PM
 #18

They did not forecast anything. They only see Bitcoin makes new all time highs and are jealous with Bitcoin hodlers. When price has big corrections, they are happy and try to laugh at Bitcoin investors "Bitcoin dies".  Grin

If any investor let Bitcoin dies news affect decision, it is best if the investor leaves the market. Because weak hands can not survive in crypto market. In addition, being weak hands because don't spend time to read fundamentals and with knowledge, it is not belief but confidence that support investment decision.

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DapanasFruit
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October 22, 2021, 05:04:30 PM
 #19

Those naysayers did not researched well on Bitcoin they are just putting up their own myopic conclusion on something they did not actually explored and understood...and I think this is quite expected since Bitcoin is a type of a disruptor. Right now, there are some senators who are leaning to think that Bitcoin has no value at all and is just a medium for illicit activities and scammers, just like Senator Elizabeth Warren. I am not blaming these people because ignorance and stupidity run on all humans including those who got verifiable high educational status. Now, am sure that this is not the end of some people pronouncing Bitcoin to be dead considering that the asset is really volatile.

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RapTarX (OP)
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October 22, 2021, 06:24:48 PM
 #20

I just wonder how all these people who have written all this nonsense over the years feel, have some changed their minds, are they ashamed or do they still insist on digging virtual graves?
Some changes while some don't. I can't remember the guy on twitter who was in breaking news for a while; have never changed. It's Peter or someone else. Most importantly, he was never ashamed of his shit speculation on bitcoin. There are people who don't want to lose in debate. They always try to defend their wrong statement even though they know they are wrong. Most of them belong to this type I believe.

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