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The original was posted on /r/cryptocurrency by /u/partymsl on 2023-08-11 22:47:56.
Today we know how after literally every second -5% dump for BTC, it gets called dead by literally all of mainstream media. So much that we already have over 400 dead calls of Bitcoin and many of them are even during absolut peaks of the bull market. Seems like people just never learn…
Bitcoin combined amount of “deaths“ over time
But it may be even “funnier“ to look back on one of the first times Bitcoin was called dead. That was all the way back in August 2011, by the news site Gizmodo, which still exists until today. They called Bitcoin death literally just a few years after it was even born and probably gave it even more attentions with that.
One of the very first Bitcoin “deaths“, from over 12 years ago (pic from Pete Rizzo)
Also just to remember the price back then was just $8 per BTC, so clearly you could not have been more wrong at a certain time to call Bitcoin “dead“. Obviously even today the media will call Bitcoin dead at every situation they got and they will probably continue to do so all the way up to $1M and even more, just showing how irrelevant their words are.
