• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews
Bitcoinist.com
No Result
View All Result
'Bitcoin Is Dead'
Nexo

‘Bitcoin Is Dead’

Bitcoinist by Bitcoinist
4 years ago
in News, Altcoin News, Bitcoin, Bitcoin Investment, Bitcoin Price, News teaser, Sponsored Article
0
Advertisement

Apparently, Bitcoin is dead. That is what the world’s media have been telling us for as long as the crypto has been alive. In fact, the number of “Bitcoin is dead” articles is over 250, and counting. The doomsayers have been wrong time and again.


Bitcoin price chart

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Back in 2010 – just a year after the original crypto was released as open-source software – Tim Harford, the Financial Times columnist known as ‘The Undercover Economist’, discussed “why Bitcoin can’t be a currency”. At the time, one Bitcoin was worth $0.23.

The next year, with Bitcoin valued at $7.80, Gizmodo Australia said: “Bitcoin is dying.” Then, in June 2013, with the crypto priced at $111, NYMag wrote: “Bitcoin sees the grim reaper.”

By September 2017 Bitcoin’s price had built to $4,591, yet the naysayers still vented their gloomy opinions. Seeking Alpha wrote about “the death of Bitcoin” and was negative about the future of all cryptos.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

Shortly afterward, Bitcoin exploded, reaching a high point of $19,499 on December 18, 2017. Even then there were doubters, and many reveled in its fall in the New Year. In January The Week discussed “the end of Bitcoin” when it was valued at $11,583.

Global trading and investment platform eToro, which specializes in cryptos, has made this new video that marks out Bitcoin’s positive journey despite the numerous negative comments:

What is the best crypto casino in July 2022? Read our comprehensive comparison! We made deposits, played and reviewed 80+ crypto casinos to choose the best one.

Like it or not, Bitcoin has truly entered the mainstream and is now readily accepted as payment by a huge number of top-tier organizations across a whole spectrum of industries, as well as start-ups, and even charities. These include Microsoft, Expedia, bloomberg.com, Save the Children, Wikipedia, Virgin Galactic, Subway, and Whole Foods.

“Cryptos Needn’t Be Cryptic,” is the mantra at www.eToro.com. The platform, which boasts a nine-million-strong online community, strives to educate its users through written guides – such as this one, and also here – and videos (including this one) that are accessible on the website.

Pros and Cons of Trading on eToro

Pros

  • Straightforward, user-friendly, trustworthy and experienced platform
  • Instant execution of trades, thereby locking in a price
  • Ability to use CopyTrader and other innovative tools
  • Huge cryptocurrency community that shares knowledge and helps each other
  • Fast execution
  • Regulated company

Cons

  • Only nine cryptocurrencies offered by the platform, currently
  • Users are unable to withdraw the cryptocurrencies directly
  • Users’ cryptocurrencies are held by eToro

If you want to learn more about trading Bitcoin then visit www.eToro.com now, and join the online global community.

All trading involves risk. Only risk capital you’re prepared to lose. Past performance is not an indication of future results.


Images courtesy of AdobeStock, CoinMarketCap

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Bitcoinist

Bitcoinist

Bitcoinist is the ultimate news and review site for the crypto currency community!

Related Posts

Bitcoin

Bitcoin Koalas: 55% Of Investors Didn’t Sell Their Coins During Crypto Storm

1 hour ago
Decentralizing the Internet: How Wayru is Bringing People Together with Blockchain

Decentralizing the Internet: How Wayru is Bringing People Together with Blockchain

1 hour ago
Crypto

Crypto Rout On Trading Volumes Costs Coinbase $1.1 Billion In Losses

3 hours ago
Bitcoin

Bitcoin Rally Ignites Lackluster Performance Of Crypto Stocks

8 hours ago
bitcoin miners

Bitcoin Miners Sold 5,700 BTC During July, New Report Finds

17 hours ago
Bitcoin

Bitcoin Miner Revenue Slows Down As BTC Price Slumps Sideways

19 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.