Bitcoin Has Now Died 420 Times

June 19, 2021, 1:00 PM AEST - 1 month ago

Bitcoin has had more resurrections than the proverbial cat with nine lives: back from the dead a total of 420 times and counting.

Love it or hate it, Bitcoin just won’t turn up its toes. Despite being known for its high volatility, the asset hailed as ‘Gold 2.0’ has proven itself time and time again to be one of the best-performing assets, ever.

In spite of neverending FUD from high-profile haters and respected mainstream publications alike who declare Bitcoin dead, it continues to rise in value as its adoption by major Wall Street institutions grows.

When in Doubt, Just Zoom Out

The ‘Bitcoin Is Dead’ graph shows a history timeline, pulling from a database of news stories relating to Bitcoin scepticism, #RIPBTC.

I created “Bitcoin Is Dead” in hopes of playing a [tiny] role in telling its eventual story by tracking its most notable sceptics and documenting important pieces of its history. (Also I think freezing cold takes are pretty funny.)

Jerry Feng

All That Glitters is Not Gold, it’s Bitcoin

If you want to have some fun, head over to bitcoinisdead.lol to play the very fun game of ‘Who Else Fcuked Up?’

Rumours of Bitcoin’s ‘Death’ Were Exaggerated

Bitcoin’s “death” can be tracked at Bitcoin Obituaries, a website that collates data from news articles and blogs. The highest number of “deaths” per single year (124) was recorded in 2017, when its market cap hit $100 billion for the first time.

From haters to lovers, major players in the financial industry – including Morgan Stanley, JPMorgan, Goldman Sachs, Visa and PayPal – are guilty of condemning Bitcoin very publicly; now they all rally to support it. Maybe it’s FOMO (fear of missing out), or maybe it’s just smart. Big money is now doing backflips to get in on what’s becoming painfully obvious over time: Bitcoin is here to stay. Get in or stay out.

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