Cryptocurrency Q&A
Which year has the most bitcoin obituaries?
Which year has the most bitcoin obituaries?
BlockchainMastermind
Wed Jul 10 2024
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6 answers
1076
As a keen observer of the cryptocurrency and financial landscape, I'm often intrigued by the recurring narrative of bitcoin's demise. It seems every few years, there's a new wave of predictions proclaiming the imminent end of bitcoin. So, I'm curious to ask: which year has witnessed the most bitcoin obituaries? Was it during the height of the 2017 bull run when prices skyrocketed, only to be followed by a brutal crash? Or perhaps during the earlier years of bitcoin's existence, when its value was volatile and the technology was still in its infancy? I'm keen to understand if there's a pattern or a particular event that triggers these predictions of doom for the world's first and most popular cryptocurrency.
6 answers
Maria
Fri Jul 12 2024
Despite the widespread predictions of Bitcoin's demise, the asset defied all odds and surged in value. BTC prices gained a staggering 1,900% in 2017, a testament to its resilience and potential.
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SamsungShine
Fri Jul 12 2024
The year culminated in December, when Bitcoin reached a milestone of $20,000, an all-time high that was unprecedented in the cryptocurrency world.
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StarlitFantasy
Fri Jul 12 2024
The year 2017 stands out in the history of Bitcoin, not for its soaring prices, but for the remarkable number of Bitcoin obituaries that surfaced.
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EnchantedNebula
Fri Jul 12 2024
This achievement was met with both jubilation and skepticism, as many questioned the sustainability of such high prices. However, Bitcoin's resilience and popularity continued to grow, defying all predictions of its demise.
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SamuraiCourageous
Fri Jul 12 2024
According to data sourced from X/@lopp, 2017 witnessed a record-high of 124 Bitcoin obituaries, despite the cryptocurrency achieving its all-time high during the same period.
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