Satoshi

Bitcoin

<div class="watcher-guru">
 <p>The anonymous Bitcoin founder Satoshi Nakamoto launched BTC in January 2009 months after the 2008 financial crash. Bitcoin was launched to protect investors from the global banks, markets, and various other financial institutions that cause harm to day-to-day investors. Since its launch in 2009, the mainstream media and leading financial experts have declared Bitcoin dead several times. The narrative does not end and the BTC obituary numbers keep piling up every year in the media.</p>
 <p><strong>Also Read: 59% Americans Believe US Economy Is in Recession: White House Says No</strong></p>
 <p>However, despite being declared dead multiple times, Bitcoin beat expectations and spiked in price throughout. BTC has been delivering profits to investors for a decade and several people have even turned millionaires. Nonetheless, the same cannot be said for the stock markets as returns have been negligible in the last few years.</p>
 <div class="quads-location quads-ad33739 " id="quads-ad33739" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div class="publift-ad add">
   <div data-fuse="22560828227"></div>
  </div>
 </div>
 <p>In this article, we will highlight how many times Bitcoin (BTC) was declared dead in the year 2023.</p>
 <p><strong>Also Read: BRICS: US &amp; China Rivalry Risks Cold War II, Warns IMF</strong></p>
 <div class="quads-location quads-ad15192 " id="quads-ad15192" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div id="primisContainer" class="add"></div>
 </div>
 <h2 class="wp-block-heading" id="h-bitcoin-here-s-how-many-times-btc-was-declared-dead-in-2023">Bitcoin: Here’s How Many Times BTC Was Declared Dead in 2023</h2>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="585" src="https://cdn.thebittimes.com/images/2023/12/14/a916e7d5d0e29491ebfca80e2fd260b1.webp" alt="bitcoin btc dead declared obituary coffin" class="wp-image-121899" srcset="https://cdn.thebittimes.com/images/2023/12/14/a916e7d5d0e29491ebfca80e2fd260b1.webp 1024w, https://cdn.thebittimes.com/images/2023/12/14/a916e7d5d0e29491ebfca80e2fd260b1.webp 300w, https://cdn.thebittimes.com/images/2023/12/14/a916e7d5d0e29491ebfca80e2fd260b1.webp 768w, https://cdn.thebittimes.com/images/2023/12/14/a916e7d5d0e29491ebfca80e2fd260b1.webp 380w, https://cdn.thebittimes.com/images/2023/12/14/a916e7d5d0e29491ebfca80e2fd260b1.webp 550w, https://cdn.thebittimes.com/images/2023/12/14/a916e7d5d0e29491ebfca80e2fd260b1.webp 800w, https://cdn.thebittimes.com/images/2023/12/14/a916e7d5d0e29491ebfca80e2fd260b1.webp 1050w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: Watcher Guru
  </figcaption>
 </figure>
 <p>Bitcoin was declared dead seven times in 2023 alone. The seven stories that called BTC dead were published between January to May this year. Headlines such as <strong>“Crypto is Dead in America” </strong>and <strong>“Bitcoin is a Joke Wrapped in a Fraud”</strong> made it to the news.</p>
 <p><strong>Also Read: BRICS: Analyst Predicts Biggest Economic Crash in US History</strong></p>
 <figure class="wp-block-image size-full"><img decoding="async" width="964" height="628" src="https://cdn.thebittimes.com/images/2023/12/14/81e29406b67380763c3b56496a03a9d7.webp" alt="bitcoin btc declared dead obituary" class="wp-image-121898" srcset="https://cdn.thebittimes.com/images/2023/12/14/81e29406b67380763c3b56496a03a9d7.webp 964w, https://cdn.thebittimes.com/images/2023/12/14/81e29406b67380763c3b56496a03a9d7.webp 300w, https://cdn.thebittimes.com/images/2023/12/14/81e29406b67380763c3b56496a03a9d7.webp 768w, https://cdn.thebittimes.com/images/2023/12/14/81e29406b67380763c3b56496a03a9d7.webp 230w, https://cdn.thebittimes.com/images/2023/12/14/81e29406b67380763c3b56496a03a9d7.webp 260w, https://cdn.thebittimes.com/images/2023/12/14/81e29406b67380763c3b56496a03a9d7.webp 380w, https://cdn.thebittimes.com/images/2023/12/14/81e29406b67380763c3b56496a03a9d7.webp 550w, https://cdn.thebittimes.com/images/2023/12/14/81e29406b67380763c3b56496a03a9d7.webp 800w" sizes="(max-width: 964px) 100vw, 964px">
  <figcaption class="wp-element-caption">
   Source: 99bitcoins.com
  </figcaption>
 </figure>
 <p>BTC was trading around $16,500 to $27,500 when the obituaries were written this year. Moreover, BTC steadily climbed in price touching $42,000 and no obituary stories were published for the second half of 2023.</p>
 <p>The king cryptocurrency has defied all odds and climbed above the $42,000 mark this year. Critics of Bitcoin have mostly remained silent for now and will pop back to life the minute BTC dips.</p>
 <div class="quads-location quads-ad33742 " id="quads-ad33742" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div class="publift-ad add">
   <div data-fuse="22560828233"></div>
  </div>
 </div>
 <p>At press time, BTC was trading around the $42,893 mark is up close to 5% in the 24-hours day trade. Moreover, BTC is down nearly 38% from its all-time high of $$69,044, which it reached in November 2021.</p>
</div>
<div class="cs-entry__tags">
 <ul>
  <li>bitcoin</li>
  <li>btc</li>
 </ul>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/how-many-times-bitcoin-was-declared-dead-in-2023-tbt73660.html">https://thebittimes.com/how-many-times-bitcoin-was-declared-dead-in-2023-tbt73660.html</a></p>

How Many Times Bitcoin Was Declared Dead in 2023?

Table of Contents

TheBitTimes

Other articles published on Dec 14, 2023

'Decentralized' apps suffer after Ledger Connect Kit attack

Bitcoin Exchange Binance Faces Pressure from Philippine Regulator!

Ledger security breach compromises crypto assets worth $484,000

Biconomy Crypto Asset Displaying Bullishness, For How Long?

Former Credit Suisse executive unveils crypto marketplace for banks

Flare and Kinetic partner to expand defi capabilities

Join our free newsletter for daily crypto updates!