If You Invested $1000 In Bitcoin Last Time It Was Declared ‘Dead,’ Here’s How Much It’d Be Worth Today
Posted On December 3, 2024
Bitcoin (CRYPTO: BTC) has been at the receiving end of numerous critiques and counterarguments since its inception as a decentralized, blockchain-based asset more than 15 years ago.
So much so that the world’s largest cryptocurrency has been pronounced “dead” a staggering 477 times, according to the Bitcoin Obituaries tracking platform 99 Bitcoins.
What happened: The last time such unfavorable arguments appeared was in April.
Widely-followed investor Rafi Farber took to X to pronounce Bitcoin “dead.”
“I’m calling the Bitcoin top. It happened in October 2021, at the peak of the money printing. It’s over now. The next round of inflation will pour into real money, not nonexistent derivatives. We are headed to the endgame with the next …
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