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 <p class="paragraph">Even though Bitcoin (BTC) is becoming more popular and accepted in the mainstream, the skeptics have anticipated its demise many <a rel="noopener noreferrer nofollow" title="times" href="https://thebittimes.com/tag/times.html">times</a> since its inception nearly fifteen years ago, including on multiple occasions in 2023, despite its price recording a steady and bullish increase this year.</p>
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 <p class="paragraph">Indeed, noteworthy Bitcoin critics, all with thousands of followers, have pronounced the flagship decentralized finance (DeFi) asset ‘dead’ seven <a rel="noopener noreferrer nofollow" title="times" href="https://thebittimes.com/tag/times.html">times</a> in 2023, adding up to the total tally of 474 <a rel="noopener noreferrer nofollow" title="times" href="https://thebittimes.com/tag/times.html">times</a> so far, according to the data from the cryptocurrency market information platform <em>99bitcoins </em>on December 25.</p>
 <figure class="wp-block-image aligncenter is-resized"><img decoding="async" loading="lazy" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/8ZBRzcqqN-bTaph0WHhpYlieezY3C5LShCZwh-wYvvDsYkp9ug0BVfCWr7uZtx_MjtXagT_dhDFtAsHN0f7WFKLdm0HGCRhvvTwM3wbB0QekkxyzN5wAetUidBO85fz-LXCPPLZstnM6RL6a1gAcC_mK7QO-_UXHrf5DSRT2OLFqFqNR_xqUAo-1G6kcZw" alt width="750" height="468">
  <figcaption class="wp-element-caption"><em>Bitcoin year-to-date (YTD) obituaries vs. price chart. Source: </em><em>99bitcoins</em>
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 <h2 class="wp-block-heading" id="h-bitcoin-death-declarations-in-2023">Bitcoin death declarations in 2023</h2>
 <p class="paragraph">Specifically, the author of the most recent eulogy is Chamath Palihapitiya, the founder and CEO of venture capital firm Social Capital and a former senior executive at Facebook (NASDAQ: META), who claimed the maiden cryptocurrency was dead on April 22, when it was trading at $27,818. Interestingly, there have been no death declarations since.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/LBvbSf1YslDjGpXb8qcrc4wHXvzjTlMHLQWC_JQDCbpvTFc1PgaHr91hE-yY5tXdTG-JovKjXVMSxMoJQVrqV-HvU8blp7ax-c3zE59-31ackeFCDfyx9xbZGWCbevBLxfHYS6UG1xWHLfcmmaF9YLzIAyQK6cXT0b-C4b2b5s3rmSKTpojVcHqZZPtRJg" alt>
  <figcaption class="wp-element-caption"><em>Chamath Palihapitiya arguing Bitcoin and crypto were dead in US. Source: </em><em>All-In Podcast</em>
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 <p class="paragraph">Earlier, in mid-March, Robin Brooks, the chief economist at the Institute of International Finance (IIF) and former forex currency strategist at Goldman Sachs (NYSE: GS), referred to Bitcoin as a bubble with no value and vulnerable to the United States Federal Reserve’s policies, as it was changing hands at the price of $24,746.</p>
 <figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">So it turns out that Bitcoin is just another bubble asset that blows up when the Fed gets serious about hiking interest rates. Zero store of value function. Zero diversification benefit. Zero yield. Sayonara Bitcoin… pic.twitter.com/lqf6l8DUpQ</p>— Robin Brooks (@RobinBrooksIIF) March 14, 2023
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 <p class="paragraph">Going back to February, Harvey Jones from the British outlet <em>Daily Express</em> depicted Bitcoin as “a joke wrapped in a fraud (…) and sold as a get-rich-quick investment opportunity,” while Cincinnati Enquirer’s Rober Park said it was “the greatest Ponzi scheme of all time” in late January.</p>
 <p class="paragraph">Moreover, they are not alone. Other Bitcoin naysayers in 2023 have included JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon, geopolitical strategist Peter Zeihan, the host of CNBC’s <em>Mad Money </em>Jim Cramer, and former attorney at the United States Securities and Exchange Commission (SEC) John Reed Stark.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/1Lq7bq2GukWh1A1bvd8WcAU2aavYUPGw28rlwohWFy-xkiXaHeR8t0-__GtTXTcSd2G5qnqcwWxHLXef-eb5VDZXq9_STKZ6sNqfles1FxVtEV1qAZz8w6P2YdCrsslMolQEqBNGRdd03i9-2sKPPcSAp3LGSZfuWOqk9-xgiigib8bKiLk-flM7WcFb4Q" alt>
  <figcaption class="wp-element-caption"><em>Jim Cramer explaining why he thinks Bitcoin is dead. Source: </em><em>Altcoin Daily</em>
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 <p class="paragraph">That said, the price of the crypto sector’s largest asset by market capitalization at press time stood at $43,226, recording a decline of 0.96% on the day but nonetheless an increase of 5.12% over the week, a 14.26% advance across the previous month, and growing as much as 159.01% on its yearly chart.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/revealed-how-many-times-bitcoin-was-declared-dead-in-2023-tbt74701.html">https://thebittimes.com/revealed-how-many-times-bitcoin-was-declared-dead-in-2023-tbt74701.html</a></p>

Revealed: How many times Bitcoin was declared dead in 2023

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