RATE Group | Fewer Pronouncements of BTC’s Death in 2019, but Here Are the Top 5
77804
post-template-default,single,single-post,postid-77804,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Fewer Pronouncements of BTC’s Death in 2019, but Here Are the Top 5

Fewer Pronouncements of BTC’s Death in 2019, but Here Are the Top 5

[ad_1]

Bitcoin has long been disregarded as a speculative asset class that is doomed to fail by mainstream media outlets around the world.

The apathy toward the world’s preeminent cryptocurrency has been embodied by countless articles that have either hailed the death of Bitcoin or predicted its impending demise.

For the past three years, Cointelegraph has reviewed the top annual Bitcoin obituaries courtesy of 99Bitcoins’ list of news articles that have unwittingly foretold the end of the cryptocurrency.

In 2017, Bitcoin and the overall cryptocurrency market saw the biggest surge in history, when BTC’s value soared to over $20,000 by December of that year. The lofty gains were eventually curtailed by a humbling price correction and stagnation that ensued for much of 2018.

Unsurprisingly, the number of Bitcoin obituaries skyrocketed during those years. In 2017, Bitcoin’s “death” was predicted 124 times, while 2018 saw that number reduced to 93. At the end of 2019, a full decade…

[ad_2]

Source link