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Author Topic: Bitcoin has risen 5,000% since Forbes "buried" it in 2011  (Read 235 times)
fullfitlarry
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September 23, 2026, 06:42:11 PM
 #21

What all these people have in common is that they are corrupt oligarchs and/or are members of the Epstein Class who benefit the most from the corrupt financial system that they fully control; which means they hate it when there is an alternative system (ie. Bitcoin) that they cannot control and its adoption means people would get out of their corrupt system. #exit

All these years they've been trying to prevent people from "exiting" their corrupt system.

Well they have their own narratives, but even if they try it as hard as they can, they can't stop the revolution once it started. Yeah, we might have a rough start and there are a lot of resistance from the elites and oligarchs, but still, we are the majority and so they didn't succeed.

And up to know, there are still hitting Bitcoin at all front, but there was no stopping now as some of them might have been secretly moving their funds to Bitcoin already. How ironic is it.

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September 23, 2026, 07:08:35 PM
 #22

It's strange that they didn't include the head of BlackRock, who also once had negative comments.

Maybe it's because BlackRock already has a Bitcoin ETF so they're not included on the chart, that's probably it.

I looked this up, and it turns out Larry Fink is often left off such lists because he said in 2017 that Bitcoin is a "money laundering index." In my opinion, this is clearly a negative reaction, which essentially evokes negative rhetoric, just like "Bitcoin is dead." Oh well, whatever.

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September 23, 2026, 07:57:57 PM
 #23

The returns is unarguably getting smaller which is inevitable for a maturing asset.
I'm guessing if it's still strong in the next 30 years
Increase per year might not be much but in a decade or half would be pronounced
Because if it crosses this stage of mainstream and spotlight
Deflationary would start showing its worth.

It is even more strange that they did not include the statement of one of the biggest investors in Bitcoin in the last 5-6 years, but I guess they have to be careful whose name will be on the list Roll Eyes
I'm guessing they just want to use a few names to portray their point
Even our very own favourite Bitcoin hater and Gold lover Peter schiff isn't on the list
Well he consider Bitcoin dead almost every year.

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September 23, 2026, 09:58:03 PM
 #24

And as well as Peter Schiff or maybe he has sponsored that graph?  Tongue

There's also Nouriel Roubini who said that Bitcoin was a bubble and only awaits to explode. He's said that on 2021.

It's funny that these people have said everything they have thought of Bitcoin which was negative and yet, the opposite had fulfilled for Bitcoin.
Funny how Peter Schiff made a negative comment about Bitcoin last month, in August. His thoughts about Bitcoin losing over 99% of its market value sound crazy
He became a good indicator to be honest. And whenever these personalities are saying such a remark negatively about Bitcoin, you observe and see what happens next.

I don't know how these people who don't believe in Bitcoin actually reason, because something that is widely accepted by millions of people, how would it die? Like the way Bitcoin is disappointing them with their myopic views
We can understand their point. They're not used to new technologies and new assets that have become acceptable globally.

And that's okay if they can't accept bitcoin or invest in it. But, we see the shift of the hearts of some of them that they're doing the opposite from the words they speak in the public.

So it's a matter of their personal interest and how they influence the market, they're in money game so they know more about it.

 
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macson
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Today at 07:21:36 AM
 #25

When looking at that chart, I thought that people would be really pissed off about the fact that Bitcoin hasn't died like they expected, but instead keeps growing and even countries are racing to regulate it.

That's why all those claims saying Bitcoin will only die should be ignored. No need to elaborate on them any further, just show them this chart, that should be enough to shut them up. If they insist, well, they've already lost, they just don't want to admit it.
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Today at 08:23:53 AM
 #26

2011 was when Mt. Gox was hacked and had 647,000 Bitcoin stolen. I wouldn’t have blamed anybody for having a pessimistic outlook after that incident. In hindsight that statement seems absurd because of how much Bitcoin has grown in the time since. Institutional adoption of Bitcoin was only a fantasy back then and you might have even been called delusional for thinking that it would one day become reality. Now it’s the complete opposite.

Now it’s the complete opposite. Anybody saying Bitcoin is dead or is going to die seems like a charlatan or a crazy person. Sometimes those detractors get platformed by mainstream outlets, especially after there’s a major price decline, but the anti-Bitcoin propagandists always end up being proven wrong.

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Today at 08:38:17 AM
 #27

2011 was when Mt. Gox was hacked and had 647,000 Bitcoin stolen. I wouldn’t have blamed anybody for having a pessimistic outlook after that incident.
You possibly only knew about Mt.Gox by reading history of Bitcoin and Bitcoin market, so this information is not quite true. Because your account was registered in October 2018, so I believe that a highest chance is you were not in this market in 2011.

Quote
In hindsight that statement seems absurd because of how much Bitcoin has grown in the time since. Institutional adoption of Bitcoin was only a fantasy back then and you might have even been called delusional for thinking that it would one day become reality. Now it’s the complete opposite.

Now it’s the complete opposite. Anybody saying Bitcoin is dead or is going to die seems like a charlatan or a crazy person. Sometimes those detractors get platformed by mainstream outlets, especially after there’s a major price decline, but the anti-Bitcoin propagandists always end up being proven wrong.
There are individuals and institutions which both have contributed to Bitcoin adoption and with people who understand about Bitcoin, any call of Bitcoin is dead is crazy even years ago, excluding very earliest years after Bitcoin Genesis Block. I consider years after a first Bitcoin halving are when any "Bitcoin is dead" call became crazy and unreasonable.

It's part of Bitcoin growth with support of Lindy effect with time, then development increase, adoption increase, better security, value growth, and trust growth.

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