To date, the mainstream media has announced 380 times about the “death” of Bitcoin, however, the first cryptocurrency was not only still alive, but also survived the very site that was the first to predict its decline.
The CEO of the British cryptocurrency exchange Danny Scott drew attention to this:
Reminder: As #Bitcoin approaches $ 10,000 it’s alive and kicking stronger than ever.
The first website to declare Bitcoin dead from 2010 no longer exists ????????♂️
Don’t dismiss the honey badger pic.twitter.com/emXHKWYs1A
– Danny Scott (@CoinCornerDanny) May 8, 2020
It’s about the Underground Economist website, which predicted Bitcoin’s death on December 8, 2010, when it cost $ 0.23.
“The only thing that made Bitcoin live for so long is its novelty. He will either remain in this status of novelty, or he will die faster than you have time to blink, ” – wrote then the publication.
Now, Underground Economist has gone offline, although the article itself can be found in the archive. And Bitcoin continues to live and is preparing for the third halving, or, as this event has already been dubbed in the community, a “quantitative tightening”.
According to 99bitcoins, this year they also managed to declare the first cryptocurrency “dead” once – in early March, Bank of England manager Andrew Bailey warned investors that they needed to be prepared for the loss of money, since bitcoin has no intrinsic value.
Earlier this week, billionaire Mike Novogratz said the Bitcoin rally was just beginning, and urged investors not to miss out on opportunities before a new price spike.
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