Bitcoin Obituaries

Bitcoin has died 72 times

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Distributed Ledgers Part I - Bitcoin is dead

We have yet to see any meaningful adoption in the retail world and the institutional world seems quite lukewarm. . . . The deflationary quality of Bitcoin - by design and not by accident - is a major drawback. Deflation naturally encourages hoarding and delays spending, which is the behavior we are witnessing with BTC holders.

August 4, 2015 $281.47 pascal bouvier

The Death of Bitcoin

I don’t think Bitcoin is the correct technology to build these sorts of ideas on. I understand and strongly sympathize with the desire to move to decentralized systems and plan on eventually working in that space myself, but between Bitcoin’s efficiency problems and poor tolerance of network partitions, I do not think it’s suitable as a general purpose global decentralized database in the way people want to use it.

May 20, 2015 $234.43 tony arcieri

Why Bitcoin’s male domination will be its downfall

Bitcoin, at its core, is an attempt to solve big socioeconomic problems through technology. But so long as it remains an overwhelmingly male domain, it’s going to continue to concentrate on the economic problems, while missing the big social problems. Which means that it’s going to continue going nowhere.

April 23, 2015 $235.13 fusion

Bitcoin is going to disappear

The price of Bitcoin lost most of its value since its parabolic rise and speculators have lost a lot of money. The next electronic payment technology will be very large. We eagerly await the next version of electronic money to appear.

March 25, 2015 $246.28 iex.nl

‘I think they will start breaking toes’: Evolution Marketplace goes down in massive Bitcoin heist

Another multi-million dollar Bitcoin heist could be the nail in the coffin for the troubled cryptocurrency.

March 20, 2015 $263.46 news.com.au

Predictions for 2015

Nevertheless, the chances of bitcoin, the most popular of this new breed of self-clearing financial instruments, making it as a mainstream currency are now zero. Prices have been floundering at around $350 a coin for months, escalating losses for those who invested at last year’s $1,200 highs. Add to this a stream of high-profile scandals over the past year, such as the collapse of Tokyo-based currency exchange Mt Gox in February, and you realise it is not a question of if but when the public loses interest in this experiment entirely.

March 9, 2015 $282.55 financial times

Bitcoin Futures Will Be The Death Of Bitcoin

It doesn’t take a genius to realize that if a Bitcoin futures market is implemented, in the United States and Europe, the large speculators with bankrolls in the billions, will be more than happy to turn bitcoin into another crude oil-style pump-and-dump. In the case of Bitcoin, the volatility will kill any chance bitcoin ever had of becoming a medium of exchange.

February 26, 2015 $236.81 btc feed

Five Reasons Bitcoin Revolution is Over

Bitcoin will fail, not for fans lack of trying, but rather its status will never be more than an interesting concept championed by those in the techie or libertarian camp. Holding Bitcoin is more of a political expression rather than a sound economic investment. . . . Ultimately, Bitcoin will be relegated to the history books unless structural changes are made. It will never be fully adopted in its current form, being nothing more than a neat concept for people to lose money on.

February 22, 2015 $235.7 sputnik news

Bitcoin is dying and ‘will be remembered like pogs’

"It's not a currency now, it's a pretend currency," Robinson said. "It does not qualify or satisfy the requirements for a modern currency. The problem with disruptive technologies is that the disrupted has something to say about it. I say 10 years from now we will all have digital currencies - fiat currencies - and bitcoin will be remembered probably much like Pogs and Sinclair's C5."

February 10, 2015 $217.87 international business times

The End of Bitcoin

One of the signs that Bitcoin is dying is that hardly anyone actually uses the currency. . . . The Bitcoin network is fading away and the price is destined to continue its downward march. This is likely to be the last year people take Bitcoin seriously (if last year wasn’t already). Whether Bitcoin disappears with a bang or a whimper, the end is coming.

February 5, 2015 $226.49 robert nielsen

Why Apple Pay And Dollars Are Killing Bitcoin

At this point, it’s merely a speculative commodity, just like tulip bulbs centuries ago or even Beanie Babies more recently. . . . Bitcoin has peaked and is very unlikely to escalate significantly in value again. . . . It’s basically an elaborate Ponzi scheme. . . . While I don’t relish anyone losing money, Bitcoin basically went out of the way to make itself vulnerable. For this reason, it is destined to fail.

January 29, 2015 $233.01 forbes

Bitcoin to Die – It’s Unavoidable

The Bitcoin is dead. Or is it? Well, not yet. But it will be very, very soon.

January 21, 2015 $228.08 arduino tronic

Is this the end for Bitcoin?

Even if the price of Bitcoin doesn’t go to zero, the chances the Bitcoin community convincing the wider public, governments, and industry that Bitcoin really represents the future of the world’s digital economy will become extremely unlikely. . . . this grand technological experiment may have run its course.

January 17, 2015 $201.09 mybroadband

Bitcoin is headed to the ‘ash heap’

The Swiss Franc might be the currency getting all the attention, but the real blood bath is in Bitcoin. Remember how Bitcoin was supposed to change everything? And the dollar was dead? Boy, was that ever wrong. . . . Some are suggesting that the precipitous decline in the currency is probably its death knell.

January 16, 2015 $208.5 usa today

Bitcoin Is a Victim of Disinflation

Bitcoin is proving a big disappointment. . . . There’s almost certainly more bad news to come. The electronic token has lots of enduring problems. As a store of value that is not subject to government intervention, it lacks the support of authorities and is always in danger of being banned. . . . Defenders of Bitcoin have not given up hope. Their emphasis has shifted though, from the currency to the underlying blockchain processing software. . . . But it will not bring up the price of Bitcoin.

January 16, 2015 $208.5 the new york times

Slowly but surely, Bitcoin appears to be falling apart

Bitcoin isn't going to replace any fiat currencies as long as it feels intuitively safer for most people to keep their savings in a bank account instead of in a digital wallet. . . . This brings us to the current crisis in Bitcoin: far from widespread adoption giving it resilience and reliability, the system may be starting to fall apart. . . . These issues add up to what we're seeing now - the slow, inexorable decline in the price of a digital currency with no value beyond the trust in the system.

January 15, 2015 $209.81 newstatesman

Bitcoin might be dead. It doesn’t matter

Bitcoin the currency may be dying, but it doesn't matter. . . . Certainly, a trend line from November 2013 to now, extrapolated forwards, intersects worthlessness sometime later this year. . . . This could create a negative feedback loop as miners retire, the network becomes less secure and resilient, investors lose faith, and the price drops further.

January 15, 2015 $209.81 the telegraph

Bitcoin revealed: a Ponzi scheme for redistributing wealth from one libertarian to another

If Bitcoin were a currency, it'd be the worst-performing one in the world, worse even than the Russian ruble. But Bitcoin isn't a currency. It's a Ponzi scheme for redistributing wealth from one libertarian to another. . . . But in the long run, we're all dead, and Bitcoin might be too.

January 14, 2015 $182.0 the washington post

Bitcoin Plummets — And May Be Stuck In A Self-Fulfilling Downward Spiral

The virtual currency is looking increasingly beleaguered, and its price had been dropping steadily in recent months. . . . It is a reminder of the security issues that face any virtual currency seeking mainstream adoption, and it brings back memories of the infamous exchange Mt. Gox. . . . Combined with bitcoin's reputation as an enabler for criminal activity, it is likely this public-image problem is hindering mainstream adoption. As one commenter on the discussion board Hacker News remarks, bitcoin is an "even worse" investment than gold.

January 14, 2015 $182.0 business insider

Is this the end of Bitcoin?

Even if the price of Bitcoin doesn’t go to zero, the chances the Bitcoin community convincing the wider public, governments, and industry that Bitcoin really represents the future of the world’s digital economy will become extremely unlikely.

January 13, 2015 $228.07 biznews.com

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Created by Jordan Tuwiner