How often can BTC be killed? The post-bitcoin death count in 2023
How often can BTC be killed? The post-bitcoin death count in 2023
Bitcoin: How often was the end of the cryptocurrency predicted?
Bitcoin (BTC) celebrated its 14th birthday in January and has had broad acceptance in the mainstream since then. Nevertheless, there are still skeptics who claim that Bitcoins are counted. In fact, well -known critics have explained the cryptocurrency 474 times to be "dead", as an analysis of the market information platform Coinphony shows.
Coinphony has received information from the cryptocurrency market information platform 99bitcoins, which has summarized all "Bitcoin retrofit" or public opinions from critics since the beginning of the year. Among them are prominent personalities and media who claim that Bitcoin is worthless or will be worthless in the future.
A current incident occurred when Chamath Palihapitiya, the founder and CEO of the risk capital company Social Capital, declared dead in a podcast in April 2023. At that time, Bitcoin's price was $ 27,817.50. Other prominent critics are the chief economist of the Institute of International Finance (IIF), Robin Brooks, who described Bitcoin as a bladder, and Harvey Jones from the British news agency Daily Express, who described Bitcoin as a fraud. Both expressed their opinions when the Bitcoin price was over $ 23,000.
The list of critics goes on and includes the CEO of JPMorgan Chase, Jamie Dimon, geopolitical strategist Peter Zehan, the TV personality Jim Cramer and the former lawyer of the US exchange supervisory authority SEC, John Reed Stark. The opinions of these critics to the Bitcoin are different, but they all have one thing in common: they don't think much of the decentralized cryptocurrency.
Despite all the criticism and the doom forecast, Bitcoin has further increased in value. At the time of the editor, the price for Bitcoin was $ 30,412. Overall, Bitcoin had an increase of 18.01 % in the month comparison. Despite daily fluctuations, the value of Bitcoin remains stable and shows a long -term upward trend.
It is important to note that this article does not represent investment advice and that investments in Bitcoin are speculative. If you invest in Bitcoin, take a certain risk.
Overall, the discrepancy between the skeptical opinions and the actual increase in value from Bitcoin shows that the cryptocurrency continues to play an important role in the financial world despite all the calls to doom. It is questionable whether Bitcoin will really be "dead". So far it has survived every prophecy and continues to prove its strength and resilience.
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