Cointime

Download App
iOS & Android

Bitcoin Has Died 473 Times

Validated Individual Expert

Death and taxes are the only two certainties in life. But when it comes to Bitcoin, there’s another certainty that’s just as reliable: people declaring its demise. Every now and again, a journalist, politician or other public person with the vision of a bat and a mole combined will creep up from under the floorboards and regurgitate a piece of writing which states that “Bitcoin has died”.

Number of Bitcoin obituaries in the last 12 months. Source: 99bitcoins.com

If the person is notable enough, it might even make its way into the mainstream media, and be recorded on the chart above.

The guys at 99bitcoins.com have done a great job of creating a system where everyone can record a Bitcoin obituary so we can track just how many times it’s been said. They also record the publication or person that said it along with what exactly has been said. So that, everyone can see these comments aging like milk.

For instance, you can hover over each one of these bubbles to see who said it, and click through to the “eulogy”

Being a Bitcoin or cryptocurrency hater is like being a car hater back when everyone had horses. Over the years, some have called it a bubble, a fad, or even a Ponzi scheme.

Here’s a full chart of all bitcoin death declarations, since the beginning of Bitcoin, with the first one taking place on December 15 2010.

Even at it’s all time high of $65k some bright bulb on the Internet didn’t miss the chance to jump head first into a wet cement whole and start blowing bubbles.

But despite the naysayers, Bitcoin is still going strong. In fact, in less than 15 years — Bitcoin along Ethereum and other notable altcoins, have forever changed the way we think about an interact with money.

So then why all the death declarations? The main reason in my opinion is the lack of understanding surrounding Bitcoin and blockchain technology, and massively underestimating the power of a decentralised peer-to-peer network. This is the first time in history when money and state could actually be decoupled, allowing people more financial freedoms than ever before.

Despite the doubters, Bitcoin has proven to be incredibly resilient. It’s survived market crashes, regulatory crackdowns, and even high-profile hacks and thefts, and it even survived Jim Cramer.

People occasionally going online and declaring Bitcoin dead means that we are still so early in this, because many people still don’t understand or can’t see the fundamental changes that Bitcoin has already made to the world financial system, and the ones that it will inevitably continue to make.

Everyone will eventually get it, but some might need to accept that a slight perspective change in the way they view the world is beneficial.

Read more: https://cryptomaton.medium.com/bitcoin-has-died-473-times-eebfa3affb0f

Comments

All Comments

Recommended for you

  • CoinShares: $1.47 Billion Outflow from Digital Asset Investment Products Last Week

    On May 26, CoinShares released its latest weekly report indicating that digital asset investment products experienced an outflow of $1.47 billion last week, marking the second consecutive week of negative growth. This represents the third-largest single-week outflow since 2026, following two weeks in late January that saw $1.7 billion in outflows. Bitcoin alone saw an outflow of $1.315 billion, setting a record for the largest single-week outflow since 2026, surpassing the peak at the end of January. Year-to-date, Bitcoin outflows have decreased from $3.9 billion the previous week to $2.6 billion, highlighting the potential for a rapid reduction in cumulative holdings in 2026 during periods of heightened risk aversion. Ethereum experienced an outflow of $222.8 million, remaining roughly stable compared to the previous week. Other cryptocurrencies continued to attract some inflows, albeit at a smaller scale than the previous week: XRP saw an inflow of $31.8 million, Near attracted $9 million (notably with an asset management scale of $74 million), Solana received $7.7 million, Sui brought in $2.9 million, and Multi-asset inflows totaled $4.7 million.

  • ETH Falls Below $2100

    Market data shows that ETH has fallen below $2100, currently priced at $2099.65, with a 24-hour decline of 0.4%. The market is experiencing significant volatility; please ensure proper risk management.

  • Astarter's four DeFi stack products collectively reposition as Al Agent economic and financial primitive layer

    Astarter's four products - Launchpad, DEX, Money Market, and Tech Service Platform - are collectively completing a strategic repositioning, shifting from traditional DeFi infrastructure to the financial primitive layer of autonomous AI agent economy. The project team has released this direction signal in the March 2025 product update. This repositioning is not a product restructuring, but rather redirecting the existing four-year production level stack towards a larger Al Agent market - there are structural differences between Agent and human users in terms of financial primitive needs, and existing DeFi is difficult to directly serve. Astarter emphasizes that this positioning adjustment is "identification rather than transformation" - the same four products, a larger addressable market.

  • BOJ Deputy Governor Emphasizes Maintaining Market Confidence in Inflation Control

    On May 26, Bank of Japan Deputy Governor Noriyuki Nishimura emphasized the importance of timely policy adjustments to maintain market participants' confidence amid recent sell-offs in Japanese government bonds. Nishimura stated on Tuesday, "Regarding monetary policy and long-term interest rates, we believe it is crucial to adjust the degree of monetary easing at an appropriate pace in response to future economic, price, and financial conditions, thereby maintaining market confidence that inflation will be adequately controlled." His remarks seem to suggest that the Bank of Japan is open to interest rate hikes in the near future. Nishimura, along with BOJ Governor Kazuo Ueda and other officials, has recently stressed the need for a responsible approach to the financial market, as the market widely anticipates a rate hike at the BOJ's meeting next month. Meanwhile, Japanese Prime Minister Sanae Takaichi subtly signaled last week her hope for the BOJ to maintain policy stability, as she seeks to mitigate the economic impact of the war in Iran. Nishimura stated, "The Bank of Japan will strive to implement policies appropriately to maintain this market confidence and achieve price stability goals in a sustainable and stable manner."

  • Spot Silver Plummets 3%

    On May 26, spot silver plummeted by 3%, falling below $76 per ounce. Spot gold also dropped by 0.84%, breaking below $4530 per ounce.

  • STAR 50 Index Falls Over 3%

    On May 26, the STAR 50 Index's decline widened to over 3%. Among the constituent stocks, SMIC and Zhongwei Company both fell more than 5%.

  • U.S. Treasury Yields Decline Across the Board

    On May 26, the yield on the two-year Treasury note fell by 6 basis points to 4.0595%, while the yield on the ten-year Treasury note also dropped by 6 basis points to 4.5034%.

  • Yushu Technology's IPO Review Scheduled for June 1

    On May 25, it was announced that the Listing Review Committee of the Shanghai Stock Exchange will hold its 31st meeting of 2026 on June 1, 2026, to review the initial public offering of Yushu Technology Co., Ltd.

  • BTC falls below $67,000

    market shows BTC has fallen below $67,000, currently reporting at $66,987.51, with a 24-hour increase of 0.41%. The market is experiencing significant fluctuations, please be prepared for risk control.

  • BTC breaks through $67,000

    the market shows BTC has broken through $67,000 and is currently trading at $67,011.99, with a 24-hour decline of 0.26%. The market is volatile, so please be prepared to manage risks.