Bitcoin Has Been Declared Dead 472 Times Since 2010
Since its peak in October 2025 at $126,000, Bitcoin has lost more than 40 %. The Fear & Greed index is in the extreme fear zone, institutional ETFs are recording net outflows, and obituaries are blooming again. Yet, bitcoindeaths.com already counts 472 since 2010. They all appear at the same time: exactly this one.

In brief
- While Bitcoin has fallen more than 40 % since its all-time high, predictions announcing its demise are resurfacing.
- 472 death declarations pronounced against Bitcoin since 2010 have been recorded.
- Analysis of these obituaries reveals a recurring pattern: they generally appear after market highs, never at the height of the panic.
- Several historic critics of Bitcoin, including Jamie Dimon and Larry Fink, have ultimately changed their stance over the years.
Bitcoin “dead” since 2010 : The same scenario, over and over
Since its peak in October 2025 at $126,198, Bitcoin has lost more than 40 %. Institutional demand is declining, macro uncertainty weighs on risky assets, and traders are divided between healthy correction and deep reset. Google searches for the phrase “Bitcoin bear market” reached their highest level in five years at the start of 2026, surpassing peaks seen during the 2021 crash and the 2022-2023 bear market. It is precisely in this context that bitcoindeaths.com resurfaces, a site that has become a discreet monument of the ecosystem: it records every death declaration pronounced against Bitcoin since 2010 — name, exact quote, role, date. The counter shows 472. Analyzing their timeline reveals an inexorable pattern: obituaries almost always appear after a peak, never at the market bottom. Like today.
The first date is October 2010. Bitcoin was worth 11 cents. An anonymous blogger predicted that it would go “from novelty to dead project faster than you can blink”. Since then, the price has multiplied nearly 700,000 times. The site also records repeat offenders. Peter Schiff holds the absolute record with 22 declarations pronounced at all price levels — a few dollars, $100, $1,000, $10,000, $100,000. CNBC made its own obituary official in 2018 during a TV segment, broadcasting a tombstone-shaped curve as Bitcoin fell to $6,800 after its $20,000 record. 2017 remains the record year: 93 death mentions, all pronounced just after the peak. The YouTuber Hasheur recently devoted a whole video to this archive, highlighting what the counter reveals above all: not a weakness of Bitcoin, but the predictable psychology of bear markets, which repeats itself every cycle with troubling regularity.
Yesterday’s gravediggers, spectacular converts today
The most striking lesson from the site may be this: among Bitcoin’s most virulent detractors are a gallery of personalities who today are among the most involved actors in the ecosystem. Jamie Dimon, CEO of JPMorgan Chase, is in the top 5 of obituaries for having called Bitcoin a scam, a decentralized Ponzi scheme, and proposing its destruction before the U.S. Congress. His spectacular capitulation is now documented: JPMorgan is now one of the most active banks in digital asset distribution. Larry Fink, CEO of BlackRock, declared in 2017 that Bitcoin was “an indicator of money laundering”. He has since publicly admitted his mistake, and now acknowledges that Bitcoin is “a legitimate financial instrument” and “digital gold”. Moreover, his IBIT ETF becomes BlackRock’s most profitable product ever.
It is no coincidence that the same institutions that buried Bitcoin are now those integrating it into their balance sheets. What the bitcoindeaths.com counter documents over 15 years is a well-known cognitive bias: people criticize what is falling to comfort themselves in their position, not for a structural reason. Bitcoin declines also statistically become less violent as the market matures — -93% in 2011, -86% in 2013-2015, -84% in 2017-2018, -77% in 2021-2022. Bitcoin may one day have a real flaw — quantum, decentralization — and that will be a legitimate reason to doubt. But the current correction is not one. It closely resembles the 472 moments that preceded it.
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Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.