RATE Group | Bitcoin (BTC) Has Died 328 Times to Date and Counting
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Bitcoin (BTC) Has Died 328 Times to Date and Counting

04 Dec Bitcoin (BTC) Has Died 328 Times to Date and Counting

Posted at 01:02h in Bitcoin News by

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Ever since the Bitcoin (BTC) Ledger was launched in 2009 by Satoshi Nakamoti, the cryptocurrency has been declared dead a shocking 328 times. This is according to an ‘Orbituary Tracker’ on 99bitcoins.com.

The most recent eulogy was by Paul Donovan from UBS who stated that his chief goal was to bury Bitcoin and not to praise it. Paul Donovan made the comments to CNBC’s Fast Money. His exact words were as follows:

These things were never going to be currencies. They’re not going to be currencies at any point in the future. They’re fatally flawed.

Right from the start of the hike in late last year, it was fairly obvious that this was going to end badly, unfortunately, for some of the people who weren’t protected by any kind of regulation and got sucked into the process.

Bitcoin Has Crashed 3 Times Before And Will Recover

Going back in time and observing the times BTC has crashed, we find that the 2017 – 2018 bear market is the 4th time the King of Crypto has lost…

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