Here’s How Many Times Bitcoin Was Declared Dead in 2022

Vinod Dsouza
bitcoin btc dead obituary
Source: Pixabay

Bitcoin was launched in 2009 by Satoshi Nakamoto and traded under $0.01 during its early days. The cryptocurrency was termed “risky” back then compared to traditional investments, and only a handful of people invested in the token. Investors who purchased Bitcoin during its inception turned millionaires as it shot up in price and reached new milestones. BTC had outperformed the traditional financial markets, gold, and bonds to deliver unbelievable returns.

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Despite its success, the majority of people believe Bitcoin is of no value and has no future. In addition, BTC has extreme volatility and wild swings that average investors will find hard to digest. Therefore, leading media outlets have capitalized on this fear and have repeatedly declared Bitcoin to be dead over the years.

In 2022 alone, mainstream news outlets declared Bitcoin ‘dead’ multiple times in a row. The ongoing and harsh bear markets are the catalyst for their doomsday RIP predictions on the cryptocurrency.

Also Read: Crypto: Are Meme Coins Back In Business?

How many times Bitcoin was declared dead in 2022?

Source: Pixabay

Data from 99Bitcoins shows that leading mainstream media outlets have declared Bitcoin dead 24 times in 2022 alone. On average, outlets have declared BTC a dead coin approximately 2.4 times this year through October.


Also Read: $1,000 invested in Dogecoin in 2015 worth $1.6 million today

The headlines against Bitcoin reached their peak this year with titles such as “Crypto is like a venereal disease” to “Bitcoin will run out of greater fools”, and “Bitcoin Is A Decentralized Ponzi Scheme”. You can read all the articles on Bitcoin being declared ‘dead’ in 2022 here.

There are two more months left in 2022, and the “Bitcoin is dead” headlines could increase by December. Also, Google searches for “Will Bitcoin crash to $0” spiked in May 2022 after Terra UST and Luna crashed to $0. Read here to find out if Bitcoin can plummet to $0 in our lifetime.

Also Read: Bitcoin November 2022 Price Prediction: Should You Buy BTC This Month?

At press time, Bitcoin was trading at $20,432 and is up 0.5% in the 24 hours day trade. BTC is down 70.4% from its all-time high of $69,044, which it reached in November last year.