Bitcoin Is Dead

Timeline of public declarations predicting Bitcoin’s failure, compiled from media, analysts, and commentators over the years

A collection of news articles and quotes from prominent figures predicting Bitcoin's failure, plotted against Bitcoin's price at the time of publication.

How to call

Request format

GET
curl -X GET "https://newhedge.io/api/v2/metrics/bitcoin-is-dead/METRIC_NAME?api_token=YOUR_TOKEN"
Query params

api_token (required) — 24 character token.

Path params

:metric_name — one of the metric names listed below.

Responses

200 with JSON payload, 401 for missing/invalid token, 404 for missing resources.

Metrics

Each metric is fetched independently. Responses are trimmed samples to show structure.

1 metrics
Metric

Bitcoin Deaths

Data used by the Bitcoin Is Dead chart.

Endpoint
https://newhedge.io/api/v2/metrics/bitcoin-is-dead/bitcoin_deaths?api_token=YOUR_TOKEN

Replace `YOUR_TOKEN` with your API token.

Sample response
200 Successful response
[
  {
    "url": "http://tav.espians.com/why-bitcoin-will-fail-as-a-currency.html",
    "date": "6/7/2011",
    "slug": "2011-06-07-why-bitcoin-will-fail-as-a-currency",
    "type": "Obituary",
    "quote": "Because, by design, there will never be more than 21 million Bitcoins in existence. And thanks to hoarding and attrition, we can be sure that it will eventually serve as nothing more than as a collector’s item. . . .  I would like to call upon the Bitcoin community to stop referring to it as a digital currency. This is misleading and harmful.",
    "person": "Tav Siva",
    "jobTitle": "Distributed Systems Engineer",
    "articleTitle": "Why Bitcoin Will Fail As A Currency",
    "bitcoinPrice": 23.92,
    "publicationName": "Tav's Blog"
  },
  {
    "url": "https://apenwarr.ca/log/?m=201105",
    "date": "5/8/2011",
    "slug": "2011-05-08-why-bitcoin-will-fail",
    "type": "Obituary",
    "quote": "Like the gold standard, a successful bitcoin would send our economy back into the dark ages. . . . Even if it became popular, governments would squash it because of #1 and because they like being in power. . . . With bitcoin, a single failure of the cryptosystem could result in an utter collapse of the entire financial network.",
    "person": "Avery Pennarun",
    "jobTitle": "Google Fiber Engineer",
    "articleTitle": "Why Bitcoin Will Fail",
    "bitcoinPrice": 3.87,
    "publicationName": "Apenwarr"
  },
  {
    "url": "http://undergroundeconomist.com/post/1528511369",
    "date": "10/15/2010",
    "slug": "2010-10-15-why-bitcoin-cant-be-a-currency",
    "type": "Obituary",
    "quote": "Negative feedback loops like this are basically homeostasis. In nature, positive feedback loops like exist with Bitcoin are lethal; the only thing that’s even kept Bitcoin alive this long is its novelty. Either it will remain a novelty forever or it will transition from novelty status to dead faster than you can blink.",
    "person": "The Underground Economist",
    "jobTitle": "???",
    "articleTitle": "Why Bitcoin Can’t Be A Currency",
    "bitcoinPrice": 0.11,
    "publicationName": "The Underground Economist"
  }
]