Post
Topic
Board Bitcoin Discussion
Re: Another year is going to end. Bitcoin isn't dead
by
Mauser
on 25/12/2023, 19:56:18 UTC
A chart means more than any word or long paragraph so let's firstly dive into above chart which was graphed by Jameson Lopp.

He made it with input data from Bitcoin Obituaries.

This summary chart presents a fact that less people wanted to call "Bitcoin is dead" with time. It is an unofficial recognition for survival of Bitcoin.

There is another website for "Bitcoin is dead" chart is Buybitcoinworldwide.com but the team behind it stopped updating the chart recent months.

Crazy that still some people believe Bitcoin could be dying. It's nice to see that we are on the similar levels to 2011 where people expected Bitcoin to die and not anymore close to the negative year of 2017. Bitcoin has been around for so many years that I feel like there shouldn't be any more negative people trying to push against crypto currencies. With the BTC price ending 2023 of likely above 40k USD we are in a real good shape for 2024. Maybe some websites just try to get attention and want to make some flashy headlines, but why not talk about potential bear market? Talking about Bitcoin death is way too extreme is never going to happen. Even if 90% of the Bitcoin investors would leave the market, the price would never drop to 0. There will always be a few HODL investors never giving up their coins and holding on to the Bitcoin dream.