ShareTweet 0 Bitcoin (BTC) and the broader cryptocurrency market have witnessed significant volatility as of late, with the price of the flagship digital asset plummeting below the $50,000 price level in recent weeks. Given the present unfavorable market environment, the number of times Bitcoin has been pronounced dead has risen to 42 so far in 2021, according to 99Bitcoins, the cryptocurrency’s official obituary. The number of times Bitcoin was declared dead in 2021 is particularly noteworthy since it is three times more than the number of times Bitcoin was declared dead in 2020, which totaled 14 times. What are Bitcoin obituaries? Founded in 2010, the website has functioned as the official repository for all Bitcoin obituaries. The site uses stringent standards to decide what precisely qualifies as an obituary in each instance. A number of factors are considered in order to determine whether or not an obituary should be published on the website. These include: “The content itself (not just the headline) must be explicit about the fact that Bitcoin is or will be worthless (no “maybe” or “could”).” Additional requirements necessitate that content must be produced by someone with a significant following or a website that has a high number of visitors. In light of the fact that obituaries may only be submitted in English at this moment, it begs the question of how much content is out there suggesting Bitcoin is dead.
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