So, over the weekend, I got a bit bored and thought I'd count how many times major news outlets said "Bitcoin is dead" in 2024.
Here's what I found out:
Jan-Feb: 3 times when it dropped to 38k
Apr-May: 7 times after the halving dip
Aug-Sep: 12 times during the annoying ups and downs
Nov-Dec: 6 times following every 5% dip
Total= 28 times
some of the info is available here but not everything
Interestingly, each time this happened, the price was lower three months later.
Just a heads up: this isn’t financial advice, just a quirky pattern I noticed.
What’s hilarious about these headlines is that they are basically just repeating what was said in 2018, 2015, 2013, and so on just with different dates.
I’m not saying that dips don’t occur. Of course, they do, and we’ve seen that recently. But honestly, the whole "Bitcoin is dead" claim has turned into a meme by now.
If you’re still waiting for Bitcoin to die, good luck with that. If you’re on the fence, this might push you to jump in because it just keeps going despite everything.
This may have initially had an impact on people, as the price fluctuations were indeed enormous. Cryptocurrency is still known for its large price fluctuations, but the price of Bitcoin itself is stabilizing and (according to analyses I haven't verified) is starting to approach the price of gold.
The larger the market cap and the more regulations introduced by governments, the more stable the price will become. This will make the announcement of Bitcoin's death merely a joke and a meme.
These so-called journalists who write all these idiotic articles in most cases have no idea what Bitcoin is. After all, how can something be "dead" just because it has lost some value over a certain period of time - and on the other hand, they will not write that some fiat currency is dead because it has lost 90% of its purchasing power over the years.
I think there is some site that keeps detailed statistics about it and if I'm not mistaken Bitcoin has been declared dead over 500 times so far.
Yes, OP provided a shortcut to this website via google, but this is the direct address:
https://bitcoindeaths.com/
You were close, until now they calculated that Bitcoin has been declared dead 472 times.
I don't know how you speculate about Bitcoin, which says Bitcoin is dead in that year, honestly I don't see that, in fact Bitcoin will continue to grow all the time.
The link you showed about Bitcoin being dead was made by @JERRY FENG, you know who Jerry Feng is, he only has experience or expertise in sales and management and even in the field of chemicals and coatings, so how can he enter Bitcoin and then sayBitcoin is like that.
Ooooh, I know if it's because he's a rich person, then whatever a rich person says can be true, without error, Jerry Feng is not an expert in the crypto field, especially Bitcoin, so he doesn't know anything about Bitcoin speculation, what's more he says things that don't make sense.
At the end of everything, Bitcoin continues to exist and prove those haters wrong that it will never die. Their thought of it to die, is of it to wax strong and attract many investors to its side as a trusted asset that has become a store of value for everyone who believes in it, to join in the moving train of investing in Bitcoin for long term.
Let me say that the alterations of Bitcoin is dead have been minimized. It is no longer said to be dead over the Internet as it was before. People have learned and seen Bitcoin as what could give them financial freedom in the long run
In 2024 people still declared bitcoin dead? they must be stupid because a sane person that have seen the price of bitcoin grow from nothing to around $43k in early 2024 will never say or declare bitcoin dead. Many economist and so called financial experts have declared bitcoin dead since its invention till this day but they all failed in their predictions and they will continue to fail, instead they will watch the price reach its peak and they will regret while they couldn't use those years they criticized bitcoin to build a stash of it in their portfolio.
Are you sure they have learned? I doubt that. I think they are still them around but just that they do not actually come out clearly like in the past to say its dead again, this time around they simply just go through the route of calling for bitcoin dips and discouraging others that the coin will actually get to around certain unreasonable lows, for example you see them calling for bitcoin at $10k or sometimes even calling for people to ditch bitcoin and buy some other assets because they feel the bottom is here, this are similar to people who proclaim bitcoin is dead.
I think their problem is not that they havent found the truth about bitcoin but because they actually grew in popularity through been bitcoin critic and definitely to buttress their pride they stay on that part until now even if they are making themselves look stupid, an example is Peter Schiff
I think whoever writes those articles understand that there's a good engagement when they always use those words that bitcoin is dead.
They know how to trigger the community, thus, they get visits, clicks and engagement which means money for them.
Don't always be too emotional when we read these articles because they just know how to be entertaining with what they write and to catch people's interest.
These days, we no longer hear the bitcoin dead rumours and news, unless it is making rounds in some social media, but the noise is very minimal compared to the early days of bitcoin.
The bitcoin bubbles FUD gained alot of momentum and people actually waited for the bubbles to burst. So, every big price drop becomes the end point for them, and not bitcoin. But surprisingly bitcoin kept disappointing them till date.
The bitcoin Ponzi Scheme FUD, also was another fud that got attention in the market. This seems to become true when it was discovered that early miners received upto 50 BTC while the later miners reward kept reducing. Some people claimed that it was an obvious Ponzi scheme format that rewards the early adopters with the money of the new adopters.
The government killing bitcoin news was another fallacy that ate deep into the industry, especially when China banned bitcoin mining. Obviously we've come a long way.
That's just FUD spreading to get people to sell so they can buy at a lower price. It was mentioned every cycle.
I'm glad no one nowadays mentions Bitcoin is dead while we stay above the $50k level; that FUD will exist again if the price goes down again below $40k, but it's impossible to happen due to Bitcoin ETFs.
Many people still expect much lower prices; spreading this FUD will not work anymore.
I don't know, it's 2026 already, I think the market is already matured enough not to take into this considerations FUD about Bitcoin being declared dead. Of course, in the beginning, a news like this will cause a lot of negative and pulling the market down as what we have since throughout history.
But after that, the market is now more focus on the positive side like ETF news and the latest about the CLARITY act. And again, the market has evolved and grow already. That we're not going to be slightest by this entities who keep on spreading false and negative news.
Why only 2024? I guess you want to make it ease for yourself that's why you choose to concentrate on the particular year that bitcoin is being faced with criticism.
Bitcoin itself as a decentralized, digital and unpredictable future values will ever faced with trust issues amongst enthusiasts and the haters in the societies.
Bitcoin negative news about bitcoin is no more something new to be bothered about if you truly understand the concepts of the speculations.
In all, non of those negative news had caused weakness to adoptions instead it's spreading awareness about bitcoin. Don't mind those who joins these criticisms because, most times they've turned back to buy and invest in the same bitcoin after realizing their wrong thoughts over the Defi networks.
ETFs surely reduce volatility by bringing sticky capital to the market but they don't make going below 40k impossible because they can sell too.
I chose 2024 because it was easier to check. It still recent and the data can be easily access compared to farther years that'd cost me time chasing dead links. Your are right, the Bitcoin is dead is not longer a new thing and does not stop adoption. Infact, more people come in during the FUD as critics make it more popular by declaring it dead.
Messages claiming Bitcoin is dead no longer resonate because it has already proven itself, and people understand it won't die.
In the past, when people said Bitcoin was dead, even I used to get nervous, even though I still believed in Bitcoin I wondered if it was true when I started seeing those messages repeatedly during price drops. Now, we don't see messages saying it's impossible, that Bitcoin is a bubble, or that Bitcoin is dead.
The people who are waiting for bitcoin to die are the ones who in fact hate bitcoin.
I am not one of them and the average person here is someone who has always been within the Bitcoin circle. Bitcoin is one of those assets that has led me to believe it could replace gold as an investment; however, I do not intend to make that shift entirely, given the various risks involved and the importance of asset diversification.
The price of Bitcoin could indeed plummet drastically for a variety of reasons. However, for it to truly die lacking any market demand, we would have to witness a major scandal unfolding behind it. So far, no such scandal exists, nevertheless, Bitcoin remains merely a digital asset one that could conceivably be supplanted by another as the world continues to be swept up in the rapid pace of digital advancement.
Who still waits to see the negative sentiment of bitcoin today, such person may just be bored and wont really know what is the next thing to think or say around bitcoin. The market has been so much better than before for every time we look back to check the historical data, is that not enough to bring about a convincing claim about what bitcoin is? Bitcoin is never dead and its far from that even happening.
The news headlines are not even what we should be concerned about, thats there own way of making money through bitcoin and without this kind of approach, they may as well never get to have more views or opinions to discuss or even most visits on those sites. Curiosity will make people want to read the content as they attract people from the headline even though everything is so false.
over the years there has been many rumors and speculation about bitcoin to be dead or may amount to nothing by some critics and some journalist who doesn't even have primary knowledge about bitcoin. but surprisingly bitcoin has disprove all there fact and technical know how. many have learnt the lessons and have already started investment, and some are still busy looking for way to criticise bitcoin, but am just glad that bitcoin never disappoints rather they are the ones who always fail. this the main reason people should trust and invest in bitcoin rather than speculating and procrastinating.
Criticisms on Bitcoin is ideal to be part of the events that spreads the awareness of the Bitcoin market. The more the criticisms is the more Bitcoin adoption is growing.
I don't also believe those haters who criticizes Bitcoin are actually expressing it from the debts of their hearts because there had been much number of persons i have known criticizing Bitcoin with the rumors that it is dead or goings to die soon who later turns to adopt it after misleading others.
Of course it funny me because some of them could not bear the shame to come public to withdraw their FUD after they have realized that the Speculations was the one dead as Bitcoin may keep soaring even under the criticisms of individuals and the authorities.
You mean ETFs are going to sell once the price goes below $40k? I don't think they are going to sell for me; instead, I'm going to accumulate more because this is another chance to buy BTC in much cheaper price.
ETFs are big companies; they have some knowledge of any investment, and they know Bitcoin's history. So if we see BTC at a much cheaper price, this is another opportunity to make a huge profit if they keep holding it until the block halving.
However, based on the chart patterns and volumes, as well as the rainbow chart for Bitcoin, I do not believe we will see this $40k level again. The rainbow chart shows that this will not happen. That is why I pointed out that it is impossible to happen due to the current price action. If the price turns bearish this month, I can only see a retest to the $60k level or taking liquidity until $55k before turning bullish and retaking the $100k level.