Bitcoin Obituaries 2023: Price of Bitcoin Increases 80% Since 2022
Bitcoin, the world’s first and largest cryptocurrency, has defied all odds and outperformed even the most bullish predictions in 2023. According to the list of Bitcoin Obituaries, more than 100 days have passed, and the price of Bitcoin has increased by more than 80% since the end of 2022.
On 14 March 2023, the chief economist at the Institute of International Finance named Robin Brooks published the most recent Bitcoin Obituaries.
Despite numerous predictions of its demise, Bitcoin has proved to be a resilient asset, with an 80% price increase since the end of 2022.
Key Takeaways:
- Bitcoin has exceeded bullish predictions, with an 80% price increase since 2022.
- Despite six death predictions, Bitcoin has proven critics wrong with a significant increase in value.
- Bitcoin’s opponents have declared blockchain “dead” 473 times, but these are not memorials or tributes.
- Bitcoin’s open-source nature allows anyone to participate and offers unique applications.
- Digital assets, like Bitcoin, pose inheritance challenges as they are treated as assets, not money in a bank.
Bitcoin’s price versus the US dollar has climbed by more than 45% in the last 30 days. Bitcoin has been proclaimed dead 6 times by crypto critics, despite its recovery this year after a prolonged crypto winter the previous year, according to the list of Bitcoin Obituaries.
Bitcoin Art Sweetie makes an announcement on Twitter that in 2023, despite numerous predictions of its demise, Bitcoin has actually experienced a significant increase in value.
Over the past year, Bitcoin has been declared dead six times by skeptics who believe that cryptocurrency is unsustainable or fraudulent. However, since the end of 2022, the price of Bitcoin has actually increased by 80%, proving many of these death predictions wrong.
Blockchain has been proclaimed “dead” 473 times, 124 times in 2017, and 93 times in 2018 according to 99 Bitcoins, a website that analyses cryptocurrency obituaries.
These obituaries are published by Bitcoin’s opponent, not memorials, tributes, commemorative, or remembrances events and Bitcoin’s opponent believes that the golden days of cryptocurrency are over.
Marcelo Bruna makes an announcement on Twitter about the article reporting on the recent performance of Bitcoin, which has seen an 80% increase in value since the end of 2022, despite being declared dead six times by skeptics.
This information is based on data from the Bitcoin Obituaries website, which tracks media reports declaring the end of Bitcoin.
As Bitcoin is an open-source initiative, anybody may participate, no one owns or controls it. Bitcoin offers novel applications due to a number of its special characteristics, that no other payment system could handle.
Bobby L. Somers makes an announcement on Twitter about the article discussing the resilience of Bitcoin in 2023, despite numerous predictions of its demise. Over the past year, Bitcoin has been declared dead six times by skeptics who believe that cryptocurrency is unsustainable or fraudulent.
Today’s price of Bitcoin is US$29,983.48, with an $18.41 B trading volume over the last 24 hours.
BitlyFool.com makes an announcement on Twitter about the article discussing Bitcoin’s performance in 2023, and specifically how it has defied predictions of its demise. Despite being declared dead six times by critics, Bitcoin has experienced an 80% increase in value since the end of 2022.
When the owner dies, digital assets and currencies like Bitcoin present special problems. They are treated as assets rather than money in a bank account. Yet since these assets are encrypted and only exist virtually, it is difficult to find surviving heirs.