Price Now

${{ data.btc.now.price }}

Short

${{ data.btc.short.price }}

Long

${{ data.btc.long.price }}

Bitcoin is Dead… 309 Times

2018-09-11 12:50:30

#Bitcoin #Bitcoin Price
Bitcoin is Dead… 309 Times

Fake news that Goldman Sachs refuses from their plans to open a desk for trading crypto currencies led to a yet another drop of the cryptocurrency market lasting from 5 to 9 of September. Many crypto traders and enthusiasts were disappointed as they hoped that guys from Wall Street would reanimate the market. As a result, the Bitcoin community began passing an opinion that Bitcoin is dead.

It turned out that Bitcoin “died” many times. In accordance with the 99bitcoins.com website, mass media announced that Bitcoin died 309 times since 2010. Now the market stabilizes and we see that Bitcoin is not going to disappear, as well as Ethereum, Ripple, DASH and other crypto.

The latest market drop was not something new to Bitcoin and other crypto currencies. Taking into account, how many times Bitcoin was announced dead, it becomes obvious that BTC will “die” and “die” again. However, this does not mean that such news will correspond to the facts.

Meanwhile, the latest Bitcoin price prediction says that it will float within the $6000-$7000 corridor for the next week.

CoinForecast News

Please enter your email

Latest News

Five little-known interesting facts about Bitcoin

Comparing to the first couple of years since Bitcoin appeared, now it is more options to purchase BTC. The only disadvantage of the current situation ...

  2 months ago

Bitcoin is 83000 percent more profitable than gold

A popular economist and passionate proponent of gold Peter Schiff published an interesting tweet saying that Bitcoin chart is "horrible". He stated th...

  2 months ago

Bloomberg: rise of Bitcoin price as result of algorithmic trading

The recent price increase on the cryptocurrency market may be related to algorithmic trade says Bloomberg. Special software (robots) is used for algo...

  8 months ago

Ripple (XRP) may Become the Official Cryptocurrency of of the Tokyo Olympics 2020

The petition to make Ripple (XRP) the official cryptocurrency of the next Summer Olympics already raised 9600 votes. Ken Takahashi, the author of t...

  1 year ago

Cryptocurrency Startup Eidoo Announced Stablecoin Tied to Gold

We wrote about the STASIS EURS stablecoin tied to Euro a few days ago. Another startup - Swiss Eidoo announced its own stablecoin - Ekon, tied to gol...

  1 year ago