2021’s BTC Obituary List Accelerated This Year, 41 Alleged Bitcoin Deaths Recorded

As bitcoin and a number of crypto assets have dropped in value during the last two weeks, its seems that everyone’s hope for six-digit bitcoin prices has become unattainable. However, year-to-date, bitcoin has risen more than 150% in value and despite the rise, skeptics and critics continue to assume bitcoin is dead. In fact, the infamous bitcoin obituary list indicates that 2021 is tied with 2019 for having the third-largest number of obituaries in a year.

On November 10, bitcoin (BTC) tapped an all-time price high at $69K per unit and has since slid below the $50K zone. It seems that higher prices give skeptics the opportunity to declare bitcoin is dead after the leading crypto asset sheds a decent amount of value during market downturns. In 2017, when BTC came awfully close to reaching $20K per unit, the bitcoin obituaries list, hosted on 99bitcoins.com shows that there were 124 bitcoin deaths that year.
The number of so-called bitcoin deaths in 2021 recorded on 99bitcoins.com is also much larger than BTC’s first four years of bitcoin obituaries combined. This shows that the more BTC and the crypto economy mature, the more blowback they seem to get from critics and skeptics. While there’s been a lot of 2021 death calls, it seems as though they are just not strong enough theories to stop bitcoin from gathering another year’s worth of obituaries in 2022.

What do you think about the bitcoin obituaries list gathering 41 deaths this year? What do you think about Bill Blain’s recent opinion editorial? Let us know what you think about this subject in the comments section below.