BTC Has Died 466 Times — 2 More Death Calls Added to the Bitcoin Obituaries List After FTX Collapsed

Just earlier the FTX collapse, bitcoin was trading supra the $20K portion and aft the problems started to amusement and the institution filed for bankruptcy, bitcoin’s terms dropped adjacent to 19% little than it was days earlier the fiasco. According to the authoritative Bitcoin Obituaries list, the sliding crypto prices added different 2 bitcoin obituaries to the database of alleged bitcoin deaths implicit the years.

2 More Notice of Death Calls Added to the Bitcoin Obituaries List Following FTX’s Demise

It’s harmless to accidental that the FTX illness brought cryptocurrency prices down a large woody and since the demise, the Bitcoin Obituaries list hosted connected 99bitcoins.com has added 2 deaths to the agelong database of written obituaries published since December 15, 2010.

According to the list, bitcoin has died 466 times since 99bitcoins.com started the deaths list. So acold successful 2022, astir 22 bitcoin obituaries person been added this year, which is much than 2010, 2011, 2012, 2013, and 2020 successful presumption of deaths per year.

The Bitcoin Obituaries database hosted connected 99bitcoins.com shows that Bitcoin has died 466 times since the archetypal obituary was written successful 2010.

The past 2 were recorded aft the FTX collapse, and the archetypal 1 stemmed from the Twitter relationship Ramp Capital. At the clip of the published obituary, BTC’s worth was astir $15,880.78 per portion according to 99bitcoins.com.

“Crypto died today,” Ramp Capital tweeted. “I don’t spot however it recovers from this. Generational wealthiness evaporated. Trust evaporated.” In different connection and the 2nd bitcoin obituary aft Ramp Capital’s tweet, the writer Chetan Bhagat shared his nonfiction titled “Crypto Is Now Dead.”

On Twitter, Bhagat said: “Crypto is present dead: FTX, a cryptocurrency exchange, collapsed past week, proving a batch of chill guys horribly wrong,” quoting an excerpt from his editorial.

A look astatine 2022’s bitcoin obituaries implicit the past 3 months, according to 99bitcoins.com.

Bhagat and Ramp Capital articulation the likes of the fashionable essayist Nassim Nicholas Taleb, the economist Peter Schiff, and galore others who person besides written bitcoin decease sentences. While 2022 has astir 22 deaths truthful acold and the twelvemonth is astir over, 2017 saw the astir bitcoin obituaries added to the list.

A full of 124 bitcoin obituaries were added successful 2017 and the 2nd largest twelvemonth was 2021. Both of those years were highly bullish times for BTC’s terms arsenic they some saw record-breaking terms highs. Ironically, the precise archetypal bitcoin obituary notes that the “only happening that’s adjacent kept bitcoin live this agelong is its novelty,” yet the alleged novelty hasn’t worn disconnected successful 14 years.

The Bitcoin Obituaries database hosted connected 99bitcoins.com is ever a amusive read, but not 1 of the alleged decease calls has ever travel to fruition. Bhagat’s and Ramp Capital’s caller obituaries simply articulation the hundreds of others that clasp the content that ‘this clip volition beryllium different,’ and bitcoin volition beryllium brought to its knees.

The starring crypto plus bitcoin (BTC), however, is live and good with its speech complaint beating similar a heart. In presumption of functional uptime, the Bitcoin web has been functional without missing a bushed 99.98785008872% of the clip since its inception connected January 3, 2009.

What bash you deliberation astir the latest bitcoin obituaries added to the database pursuing the FTX collapse? Let america cognize what you deliberation astir this taxable successful the comments conception below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Images via 99bitcoins.com

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