Bitcoin Obituaries
Have you ever heard something brought up in casual conversation and spoken up to soon before really even having enough knowledge to have a legit opinion? It okay we all have done it one time or another. Mark Cuban bing one of them in 2014 speaking up against Bitcoin this year to consider is a solid investment to his millions of twitter followers.
July 12, 2017“Bitcoin acceptance is virtually zero and shrinking” – Yahoo Finance | $2410.55
hear is the quotes and documentation of 140 accounts that have spoken out to soon as professionals about Bitcoin that were undereducated as to what it rally is.
July 6, 2017״Why Investors Should Ignore the Cryptocurrency Hype״ – Investopedia | $2,594.21
A lot of people can tel you what Bitcoin is not but not many can tell you what it is. It is something that deserves a lot of study. If people are making clames that it is more remarkable that the creation of the telaphone or internet due your due diligencs and check it out.
June 20, 2017“Bitcoin and Ethereum…both soon obsolete” – James Ricakrds | $2623.69
Don't be a fence sitter
I am preaching to the quire if you are on hear on steemit but for those that read this on a Google search take the time to educate yourself enough so you are not on the fence. If you are not for it your are against it. It will become to fundamental to society not to have an opinion regarding the topic.
June 15, 2017“Why Bitcoin Can’t Serve As A Currency” – Seeking Alpha | $2345.56
The time will come that education that we seek out on are own will be more pure and close to the source of truth. we can start to see an example of education in public school systems becoming political and preventing us to know the full truth.
2017 Bitcoin nay sayers
June 15, 2017“Stay away from bitcoin — it’s complete garbage” – MarketWatch | $2345.56
June 13, 2017
“RAOUL PAL: Bitcoin is a mania” – Business Insider | $2,694.33
This revolutionary digital infrastructure will soon be able to process billions more transactions than Bitcoin ever has. It may well…
2017“Mark Cuban calls bitcoin a bubble, price falls” – CNBC | $2741.29
I think it’s in a bubble. I just don’t know when or how much it corrects. When everyone is bragging…
2017“Bitcoin is the World’s Second Worst Currency” – Kyle Duck | $2306.75
Bitcoin is a bubble. The Bitcoin bubble will pop. Nobody knows when it will pop, but it will…Bitcoin has no…
2017“What is a Good Price For Bitcoin and Other Cryptocurrencies? Zero.” – Jonathan Harris | $2262.83
Cryptocurrencies do not belong in any investment portfolio. I say this as a Chartered Financial Analyst with 20 years experience who…
2017“Bitcoin: Ponzi gone global” – Macro Business | $2358.96
“This is a global ponzi scheme and that’s the end of it. …You don’t have to be Einstein to see…
2017“Bitcoins – Are You Kidding Me?” – Seeking Alpha | $1938.7
Is it a good investment? Stanford and Princeton say bitcoin has volatility seven times greater than gold, eight times greater…
2017“The Death of Bitcoin” – Daily Reckoning | $1570.25
This is a story the mainstream media isn’t covering.And millennials aren’t going to get the memo either, before it’s too…
2017“The Beginning of the End for Bitcoin” – Daily Reckoning | $1541.90
Book it. Bitcoin’s finished. The New York Times, on Saturday, I think it was… April 29, anyhow, said the hacker…
2017“The Rise And Fall Of Bitcoin (And The New Kid On The )” – Forbes | $1234.36
I used to be an avid trader years ago, and my co-founder is as hardcore of a crypto-anarchist as they…
2017“Bitcoin will never be a financial mainstay” – Finance Feeds | $1,184.47
Bitcoin, with all the noise and talk of large scale acquisitions, is just a playground for those wanting a quick…
2017“A leading economist explains why bitcoin isn’t money” – BusinessInsider | $1185.01
The problem with a finite asset is that the economy is not finite, and if you have a limited amount…
2017“Bitcoin Refuses to Just Die Already” – Gizomdo | $1185.01
a small group of Chinese companies have effectively gained control of bitcoin, making it vulnerable to market manipulation. Add that…
2017“Praxis speaker says Bitcoin will die” – The Collegian | $996.31
Economist William J. Luther said he doesn’t think the dollar will be challenged by the Bitcoin or any other digital…
2017“Bitcoin is a Bubble We’ve Seen Before” – Mclellan | $906.14
bitcoins are going to arrive in a few days at the equivalent of the Oct. 31, 2007 top in the…
2017“Bitcoin Will Never Be a Currency—It’s Something Way Weirder” – Wired | $931.62
But don’t let that big number fool you: this strange and controversial technology is no closer to becoming a mainstream…
2016 Bitcoin nay sayers
November 21, 2016“Bitcoin was supposed to change the world. What happened?” – Vox | $735.54
“I think Bitcoin has stalled out,” said Nathaniel Popper, a reporter for the New York Times who wrote a book…
November 17, 2016״Circle CEO: Nobody Will Be Using Bitcoin in 5 to 10 Years״ – CoinJournal | $744.86
“Our view is that we’re still in the really early stages of the technology and its development. It’s highly unlikely…
2015 Bitcoin nay sayers
November 4, 2015“Could Bitcoin Prices Hit $100? This is Why Bitcoin is Doomed” – Profit Confidential | $449.79
Although Bitcoin prices moved above $400.00 this week, another crash in the Bitcoin market is on the horizon. Investors are…
November 4, 2015“Jamie Dimon: Bitcoin Will Not Survive” – Coindesk / Fortune | $395.67
Speaking at the Fortune Global Forum, Dimon said people were wasting their time with digital currencies such as bitcoin. He…
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2014 Bitcoin nay sayers
December 17, 2014“Bitcoin is (Nearly) All Dead” – Acton | $325.60
Right now, Bitcoin is only mostly dead. As an investment, it was the worst of 2014. . . . The problem, though, is that Bitcoin will likely not survive to get to that level of innovation. Will Bitcoin enthusiasts support it after they realize it has ceased to be useful as a currency and is a terrible investment? Not likely. At some point they are going to realize that they are subsidizing Bitcoin for theoretical and emotional reasons so that it can be exploited by regulation-seeking venture capitalists. When that happens Bitcoin will shift from being mostly dead to being all dead.
December 16, 2014“Bitcoin’s financial network is doomed” – The Washington Post | $325.10
But Bitcoin is doomed as a payments network — the very point at which it looks as though it is likely to be widely deployed is the point at which governments, like that of the United States, will crack down on it.
2013 Bitcoin nay sayers
November 16, 2013“Bitcoin Is A Joke” – Business Insider | $433.57
But make no mistake, Bitcoin is not the currency of the future. It has no intrinsic value. . . . Bitcoin? Nada. There’s nothing keeping it being a thing. . . . Again, Bitcoin might go up a lot more before it ultimately ends. That’s the nature of bubbles. The dotcom bubble crashed a bunch of times on its way up. Then one day it ended. The same will happen with this.
October 16, 2013“Bitcoin Is A Remarkable Innovation, Here’s Why It Will Fail” – Salon | $145.16
In theory, bitcoin could become a lawful virtual currency if the bitcoin community gave up anonymity and therefore incorporated the identities of bitcoin senders and receivers as part of the currency. But that would eliminate the cash-like feature that makes bitcoin attractive and vastly decrease the demand for bitcoin. That does not seem like a viable path forward. . . . While I praise the sheer ingenuity of bitcoin and its payments innovation, it should be buried.
2012 Bitcoin nay sayers
December 24, 2012“Wired, Tired, Expired for 2012: EXPIRED – Bitcoin” – Wired | $13.30
At the height of its popularity, Bitcoin was trumpeted as a viable alternative currency for the internet age, a monetary system engineered to prevent theft, gaming, and criminalization. Then came the malware, the black market, the legal ambiguities and The Man. Today, you can’t even use it to buy Facebook stock.
2011 Bitcoin nay sayers
November 23, 2011“The Rise and Fall of Bitcoin” – Wired | $2.37
Beyond the most hardcore users, skepticism has only increased. Nobel Prize-winning economist Paul Krugman wrote that the currency’s tendency to fluctuate has encouraged hoarding. Stefan Brands, a former ecash consultant and digital currency pioneer, calls bitcoin “clever” and is loath to bash it but believes it’s fundamentally structured like “a pyramid scheme” that rewards early adopters.
2010 Bitcoin nay sayers
December 15, 2010“Why Bitcoin can’t be a currency” – The Underground Economist | $0.23
Negative feedback loops like this are basically homeostasis. In nature, positive feedback loops like exist with Bitcoin are lethal; the only thing that’s even kept Bitcoin alive this long is its novelty. Either it will remain a novelty forever or it will transition from novelty status to dead faster than you can blink.
When will Bitcoin really be dead I would like to know?
Follow: @isaac.rodebush
Source: https://99bitcoins.com/bitcoinobituaries/page/7/
People will say what they will but the truth will prevail. Thank you for reading and supporting my Blog.
Best,
Isaac