Bitcoin Is Dead: Bitcoin has been declared "dead" 431 times, yet it still stands tall.

According to the latest statistics from the Bitcoin Is Dead database tracking Bitcoin obituaries, this global market capitalization leader in digital assets has been declared “dead” 431 times since 2010. From gold bull Peter Schiff to investment legend Warren Buffett, critics’ voices have been relentless, yet Bitcoin has repeatedly risen from the “grave,” navigating its own bull and bear cycles.

431 Death Records Behind the History

The first “obituary” of Bitcoin dates back to October 2010, when the price was only $0.11, and the “Underground Economist” asserted that its survival was solely due to its “novelty.”

Since then, whenever the market encounters a sharp decline, regulatory crackdowns, or technical disputes, critics would shout “Bitcoin is dead.” However, these voices have never stopped Bitcoin from becoming the most influential digital asset in the world over the past decade.

Critics List: Peter Schiff remains at number one

* Peter Schiff:

A total of 18 announcements of Bitcoin’s death

Classic saying: “Bitcoin was born during the financial crisis of 2008, and the financial crisis of 2025 will destroy it.”

Once called Bitcoin the “largest bubble in history”.

* Warren Buffett（沃倫·巴菲特）：

Once referred to Bitcoin as “rat poison” and “a gambling token with no intrinsic value”.

The last public criticism was in 2023.

* Jamie Dimon:

Once referred to Bitcoin as a “tool for crime” and a “Ponzi scheme”.

As JPMorgan enters the crypto services, criticisms have somewhat subsided.

The Resilience of Bitcoin: Reviving Time and Time Again

Despite being frequently criticized, the price of Bitcoin has risen from a few cents to tens of thousands of dollars, attracting institutional funds, sovereign wealth funds, and publicly listed companies.

Harvard professor and former IMF chief economist Kenneth Rogoff predicted in 2018 that Bitcoin was “more likely to fall to $100 than to rise to $100,000”, and now the facts have proven this judgment wrong.

“Bitcoin is dead” has become a community meme

In the Bitcoin community, “Bitcoin is dead” has long become a popular phrase of self-deprecation and irony. Whenever the price retraces, the community mockingly shares “obituaries” to respond to external skepticism.

This culture reflects Bitcoin investors’ belief in long-term value and immunity to short-term volatility.

Revelation: Don’t be scared away by the ‘Obituary’

If you invested $100 each time there was a “death announcement”, the cumulative value today would reach $118 million.

This reminds investors that market sentiment is often driven by emotions rather than long-term fundamentals. The history of Bitcoin teaches us that patience and discipline may be more important than chasing short-term trends.

Conclusion

Bitcoin has been “buried” 431 times, but each time it has transformed into a “phoenix” and been reborn. Regardless of how critics take turns attacking it, this decentralized asset still occupies a place in the global financial landscape. When the next “obituary” appears, will you choose to believe in its end, or bet on its next resurrection?