Ten years ago, on Jan. 3, 2009, the Bitcoin network was created.
Last year was no different in regard to the FUD about crypto, and Bitcoin specifically - especially considering the bear's arrival.
Here's how media and mainstream economists buried Bitcoin throughout the year, month by month.
On Jan. 19, when Bitcoin's price was still soaring, even after a major bounceback from its December all-time high, Nobel Prize-winning economist Robert Shiller told CNBC that Bitcoin would collapse entirely.
In February, Forbes published a more detailed investigation of the continuing Bitcoin price drop.
"Overpriced cryptocurrencies owe their diminishing credibility to an over-hyped technology," read the subtitle to the Guardian's skeptical piece on Bitcoin that was published in March.
June 23"The Bitcoin market has finally run out of greater fools" - Jordan Belfort.
In his considerably comprehensive and measured column, Times author Paul Krugman explained his skepticism regarding Bitcoin and other cryptocurrencies.
Previously, in November 2017, Roubini speculated that Bitcoin would eventually fail as more countries establish stricter regulation after China's current negative approach to crypto.
"In the end, the Bitcoin bubble may have been a net good for society.
Good Ol' FUD: The Brightest Media Burials of Bitcoin in 2018
Published on Jan 2, 2019
by Cointele | Published on Coinage
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