2Sem.·

464 times "Bitcoin is dead"

Bitcoin has been declared dead 464 times by experts.


Mind game (pure math, no opinion):

Invested $100 after every "Bitcoin is dead" article.


Result:


  • Declarations of death: 464
  • Total investment: 46,400 $
  • Portfolio today: ~71.5 million $ 😂



Line diagram


  • X-axis: Number of "BTC is dead" articles
  • Y-axis: portfolio value
  • → steadily rising, with short setbacks



Conclusion:

Bitcoin had hundreds of alleged endings.

None of them was the end of its performance.


$BTC (-3,04 %)
$ETH (-4,43 %)
$SOL (-3,94 %)
$MSTR (-2,62 %)
$3350 (-4,02 %)

#crypto
#growth
#blockchain

21
9 Commentaires

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For me, $BTC is dead forever. I would like to thank everyone, especially @stefan_21, who patiently tried to explain this asset to me. I have looked into it more intensively, it still doesn't feel good to ME today. I may be too old and too conservative in my thinking, I may be missing THE opportunity. I have to live with that, and I can. I wish everyone else $BTC a million or more at some point and at least a financially carefree life. Of course, I'll continue to follow the whole thing with great interest and completely unemotionally.
39
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I think Bitcoin has undergone a development from a potential means of payment to a pure store of value. As a means of payment, however, it has become very unwieldy. I mean, this denomination of 0.0000x something is really unwieldy. I've thought about it a few times. But I've always decided against it.
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Crypto could become something valuable and easy chain-traceable for complex transaction. But it became a ponzy scheme. Sort of gold replacement and ultimate speculation scheme based on emotions and all sort of theories. For me current state of crypto is dead.
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