Bitcoin Outlived Website Announced its “Death”

To this day mainstream-media has announced about “death” of Bitcoin 380 times already, however the first cryptocurrency is not only still alive, but also it has outlived the very site, first predicting its sunset.

Bitcoin Outlived Website Announced its “Death”

CEO of British cryptocurrency exchange Danny Scott has drawn attention to this. He writes on his Twitter:

“The first website to declare Bitcoin dead from 2010 no longer exists.”

He talks about Underground Economist site, predicted Bitcoin`s death 8 December 2010, when it valued $0,23.

“The only reason why Bitcoin has lived so long is its novelty. It will either remain in this status of novelty, or it will die faster than you have time to blink.” — the issue wrote then.

And now Underground Economist is offline, but you can find the article in website`s archive. And BTC is still alive and is preparing for the third halving, or, as this event has already been dubbed in the community, “quantitative tightening.”

What is more, this year Bitcoin has also been called “dead”. At the beginning of March governor of the Bank of England Andrew Bailey has warned investors that they must be ready to lose their money, since bitcoin has no intrinsic value.

Earlier this week billionaire Mike Novogratz has claimed that BTC rally has only started, he has called investors not to waste an opportunity before a new price jump.

Leave a Reply

Leave a Reply