Bitcoin Obituaries Records 90 ‘Deaths’ in 2018

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According to the Bitcoin Obituaries webpage, the cryptocurrency ‘died’ 90 times in 2018. Since the inception of Satoshi’s great invention, almost a decade ago, economists and financial news publications have informed the public that bitcoin has passed away a grand total of 336 times. Also read: Year in Review: 2018’s Top Cryptocurrency Stories Dead Currencies Have ‘No Chance of Success’ Ever since the general public started hearing about cryptocurrencies, many financial bigwigs, well known pundits, Keynesian economists, and Wall Street executives have explained in great detail how Bitcoin has ‘died’. This has occurred on numerous occasions over the years. Mainstream media outlets have also stated time and again that Bitcoin was officially deceased. The Bitcoin Obituaries webpage hosted on the site 99 Bitcoins has around 336 recorded bitcoin ‘deaths’ over the years. 2018 has claimed 90 of those deaths during a spell when the crypto-economy was extremely bearish all year long. One would think that because cryptocurrency markets did so well in 2017 there would be fewer deaths declared than in 2018. However, the cryptocurrency bull run last year resulted in 125 obituaries for the digital asset. In 2018, most of the top cryptocurrencies lost more than 80 percent of their values since hitting all-time highs last year in December. The last death call of 2018 was a post written by Seeking Alpha author Anthony Garcia titled “Bitcoin: the decline is fundamental, unsolvable, and the end of BTC.” In the post Garcia states: Bitcoin is literally worth nothing — Bitcoin has no…
Source: Bitcoin Obituaries Records 90 ‘Deaths’ in 2018

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