The Bitcoin network death that never happened (again)

posted by
December 13, 2016
Bitcoin.com
by Jamie Redman  
Posted in Commentary

"According to Bitcoin Obituaries the digital asset has died 117 times, according to the many mainstream media reports. The Linkedin article titled 'Bitcoin is a bubble. It will burst on Monday 12 December 2016' is now recorded as the last bitcoin death. Other overly exaggerated bitcoin deaths come from publications such as Bloomberg, Newsweek, the Wall Street Journal and much more. Many deaths supposedly occurred after Mt Gox, when Mike Hearn left, and when Bitfinex was breached. Most cryptocurrency enthusiasts easily dismiss these headlines of bitcoin bursting at the seams. The Linkedin post/hoax was no different as even if it was true, the points made were quite illogical. However mainstream media and those who don't know much about bitcoin can easily be swayed by such headlines." (12/13/16)

https://news.bitcoin.com/bitcoin-network-death-never/  

Tags:

  • dL

    Mainstream media/establishment skepticism of bitcoin doesn’t concern me. What would concern me is establishment optimism over the thing. Then I would know its about to be rolled into financial/money compliance…and that would effectively kill it(of course, to thundering applause by the VCs).

Our Sponsors