Bitcoin Has Died Nearly 100 Times
According to the mainstream press, Bitcoin has died... Many, many times. That's why Jordan Tuwiner started Bitcoin Obituaries - to compile the many obituaries which have been written about the nascent cryptocurrency Bitcoin. He had noticed a preponderance of articles claiming Bitcoin would soon be gone. "I wanted to collect the articles and make a monument showing Bitcoin's resilience. I knew the site would be funny, but also shows Bitcoin's strength over time," Tuwiner told Cryptocoins News. Tuwiner's favorite obituary is called "So, That's the End of Bitcoin Then". The obituary states:....
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The expressed opinions in this article do not reflect those of Bitcoinist but of a guest writer. Bitcoin as an investment tool is an increasing topic of debate for spectators. It’s a clearly divisive topic that often leads to shiny new bitcoin obituaries reading, “Bitcoin is Dead!” or “Is This The End of Bitcoin?” To this date, Bitcoin has died 40 times. A site called Bitcoin Obituaries follows all the major times a newsgroup prints a story that talks about the end-times of bitcoin. It’s ridiculous. The latest article is “Why Apple Pay and Dollars are Killing Bitcoin,” by Forbes.
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There are repeated arguments about the death of Bitcoin network in mainstream media, mainly fueled by recent blog post by Mike Hearn among other things. But in reality, the Bitcoin Network has grown too big to fall that easily. The future of Bitcoin has been the topic of debate for weeks now, ever since former Bitcoin Core developer decided to prematurely conclude a still ongoing experiment. In Mike Hearn’s words, bitcoin was a failed experiment and its demise is imminent. This was not the first time someone had wrongly predicted the future of the most widely used digital currency in the....
According to the website 99bitcoins.com, to date, Bitcoin has died a total of 341 times. The most recent report of Bitcoin’s demise came from The Felder Report, less than two weeks ago, in which former Bear Stearns analyst Jesse Felder wrote: “Ponzi schemes can work out great for early adopters. But that doesn’t make bitcoin, […]