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w4yaitoday at 11:45 AM7 repliesview on HN

https://bitcoindeaths.com/


Replies

WarmWashtoday at 1:52 PM

The problem with bitcoin is that the only real evidence of it's success is it's price has gone up.

It's very reminiscent of stocks that rocket 500% in a year, while almost nothing in the underlying company changed.

burkamantoday at 2:08 PM

Many of these quotes are technical or social critiques of Bitcoin, not claims that it is "dead". Here's one for example: https://bitcoindeaths.com/posts/2023-10-26-every-single-bitc.... It is dishonest to frame this as a disproven claim just because the price has gone up since the quote. The truth of this claim has nothing to do with the success or failure of Bitcoin.

A couple other examples: https://bitcoindeaths.com/posts/2019-02-07-bitcoin-inefficie..., https://bitcoindeaths.com/posts/2024-11-20-nobel-prize-winni.... This bothers me, you can't respond to a genuine critique with "but look how much money I've made!"

sjbzbeikstoday at 12:26 PM

yeah I mean it just depends on time horizons, if you bought at 117k you are hurting now if you need the money ASAP.

Also, I gotta say I do not think Bitcoin is a bubble or whatever (IMO a real value there), but really this sort of site makes it seem like it is a bubble with the sort of "blind to history" boosterism.

Go read Reminiscences of a Stock Operator, or Market Wizards series, Extraordinary Popular Delusions and the Madness of Crowds, or any number of books about financial history and there are endless people saying 'it will never die and all the doubters are just wrong' before any big market crash.

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imjonsetoday at 12:27 PM

to be fair the majority of the statements that site mocks are not about bitcoin being dead but being a ponzi scheme, evil, hard to use by normal people, silly, a risky investment etc.

All are criticism that can be evaluated on their own but it's irrelevant how much bitcoin grew since they were made.

pluctoday at 12:16 PM

what is dead may never die

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suddenlybananastoday at 12:17 PM

The log scale is awfully misleading, especially since money doesn't really work like that.

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AIiscomingtoday at 1:40 PM

I hate this side.

The first quote i got was "Bitcoin is evil" and then the subtitle "bitcoin worth now 10000%"

Bitcoin is still evil and it has very much to do with the value of bitcoin.

This page is ignorant and shit :(