Brett Arends
Financial Journalist
Media
1quote
1poster
1 wrong call across 1 years of denial. 1 framed for posterity. No signs of stopping.
The Greatest Misses
They Weren't the Only Ones Wrong
“get out if you don't wanna loose all your money”
— Jordan Belfort
$6,177
“Bitcoin is over. #RIP”
— Mark Dow
$10,125
“Bitcoin is really a fascinating example of how human beings create value, and is not always rational... tt is not a rational currency in that case.”
— Alan Greenspan
$15,927
“Bitcoin is a fraud.”
— Jordan Belfort
$4,161
“I’d say Bitcoin is doomed in the medium-term future. Farrell is right: it can be a bit of a curiosity, but if it ever enjoys wider success, that very success will kill it.”
— Kevin Drum
$311
“Bitcoin is a bubble, a Ponzi scheme and an environmental disaster.”
— Agustín Carstens
$8,093
“Bitcoin is the greatest scam in history”
— Bill Harris
$9,648
“#Bitcoin, crypto, and blockchain will likely go down as the biggest example of popular delusions and the madness of crowds in world history. The overall losses when the bubble finally pops will be staggering. It's not just the speculators who will be left holding a bag of worthless Bitcoin, but also the investors who funded all the infrastructure and related businesses. This is likely the biggest misallocation of resources in human history. Not only will the net losses to society be staggering, but Bitcoin itself will do more to tarnish the reputation of libertarian capitalism and the concept of sound money than any failed government program ever has.”
— Peter Schiff
$81,483
“There will be a stampede for the exit, the price of bitcoin will drop to its intrinsic value – zero – and the system will collapse. The only question is when.”
— Kevin Dowd
$3,512
“”
— Jordan Belfort
$6,177
“I think the promise of decentralized finance using blockchain technologies is a real one, but Bitcoin itself may not last much longer.”
— Eswar Prasad
$46,180
“In my life, I try and avoid things that are stupid and evil and make me look bad in comparison to somebody else – and bitcoin does all three”
— Charlie Munger
$37,649
“get out if you don't wanna loose all your money”
— Jordan Belfort
$6,177
“Bitcoin is over. #RIP”
— Mark Dow
$10,125
“Bitcoin is really a fascinating example of how human beings create value, and is not always rational... tt is not a rational currency in that case.”
— Alan Greenspan
$15,927
“Bitcoin is a fraud.”
— Jordan Belfort
$4,161
“I’d say Bitcoin is doomed in the medium-term future. Farrell is right: it can be a bit of a curiosity, but if it ever enjoys wider success, that very success will kill it.”
— Kevin Drum
$311
“Bitcoin is a bubble, a Ponzi scheme and an environmental disaster.”
— Agustín Carstens
$8,093
“Bitcoin is the greatest scam in history”
— Bill Harris
$9,648
“#Bitcoin, crypto, and blockchain will likely go down as the biggest example of popular delusions and the madness of crowds in world history. The overall losses when the bubble finally pops will be staggering. It's not just the speculators who will be left holding a bag of worthless Bitcoin, but also the investors who funded all the infrastructure and related businesses. This is likely the biggest misallocation of resources in human history. Not only will the net losses to society be staggering, but Bitcoin itself will do more to tarnish the reputation of libertarian capitalism and the concept of sound money than any failed government program ever has.”
— Peter Schiff
$81,483
“There will be a stampede for the exit, the price of bitcoin will drop to its intrinsic value – zero – and the system will collapse. The only question is when.”
— Kevin Dowd
$3,512
“”
— Jordan Belfort
$6,177
“I think the promise of decentralized finance using blockchain technologies is a real one, but Bitcoin itself may not last much longer.”
— Eswar Prasad
$46,180
“In my life, I try and avoid things that are stupid and evil and make me look bad in comparison to somebody else – and bitcoin does all three”
— Charlie Munger
$37,649
“get out if you don't wanna loose all your money”
— Jordan Belfort
$6,177
“Bitcoin is over. #RIP”
— Mark Dow
$10,125
“Bitcoin is really a fascinating example of how human beings create value, and is not always rational... tt is not a rational currency in that case.”
— Alan Greenspan
$15,927
“Bitcoin is a fraud.”
— Jordan Belfort
$4,161
“I’d say Bitcoin is doomed in the medium-term future. Farrell is right: it can be a bit of a curiosity, but if it ever enjoys wider success, that very success will kill it.”
— Kevin Drum
$311
“Bitcoin is a bubble, a Ponzi scheme and an environmental disaster.”
— Agustín Carstens
$8,093
“Bitcoin is the greatest scam in history”
— Bill Harris
$9,648
“#Bitcoin, crypto, and blockchain will likely go down as the biggest example of popular delusions and the madness of crowds in world history. The overall losses when the bubble finally pops will be staggering. It's not just the speculators who will be left holding a bag of worthless Bitcoin, but also the investors who funded all the infrastructure and related businesses. This is likely the biggest misallocation of resources in human history. Not only will the net losses to society be staggering, but Bitcoin itself will do more to tarnish the reputation of libertarian capitalism and the concept of sound money than any failed government program ever has.”
— Peter Schiff
$81,483
“There will be a stampede for the exit, the price of bitcoin will drop to its intrinsic value – zero – and the system will collapse. The only question is when.”
— Kevin Dowd
$3,512
“”
— Jordan Belfort
$6,177
“I think the promise of decentralized finance using blockchain technologies is a real one, but Bitcoin itself may not last much longer.”
— Eswar Prasad
$46,180
“In my life, I try and avoid things that are stupid and evil and make me look bad in comparison to somebody else – and bitcoin does all three”
— Charlie Munger
$37,649
“get out if you don't wanna loose all your money”
— Jordan Belfort
$6,177
“Bitcoin is over. #RIP”
— Mark Dow
$10,125
“Bitcoin is really a fascinating example of how human beings create value, and is not always rational... tt is not a rational currency in that case.”
— Alan Greenspan
$15,927
“Bitcoin is a fraud.”
— Jordan Belfort
$4,161
“I’d say Bitcoin is doomed in the medium-term future. Farrell is right: it can be a bit of a curiosity, but if it ever enjoys wider success, that very success will kill it.”
— Kevin Drum
$311
“Bitcoin is a bubble, a Ponzi scheme and an environmental disaster.”
— Agustín Carstens
$8,093
“Bitcoin is the greatest scam in history”
— Bill Harris
$9,648
“#Bitcoin, crypto, and blockchain will likely go down as the biggest example of popular delusions and the madness of crowds in world history. The overall losses when the bubble finally pops will be staggering. It's not just the speculators who will be left holding a bag of worthless Bitcoin, but also the investors who funded all the infrastructure and related businesses. This is likely the biggest misallocation of resources in human history. Not only will the net losses to society be staggering, but Bitcoin itself will do more to tarnish the reputation of libertarian capitalism and the concept of sound money than any failed government program ever has.”
— Peter Schiff
$81,483
“There will be a stampede for the exit, the price of bitcoin will drop to its intrinsic value – zero – and the system will collapse. The only question is when.”
— Kevin Dowd
$3,512
“”
— Jordan Belfort
$6,177
“I think the promise of decentralized finance using blockchain technologies is a real one, but Bitcoin itself may not last much longer.”
— Eswar Prasad
$46,180
“In my life, I try and avoid things that are stupid and evil and make me look bad in comparison to somebody else – and bitcoin does all three”
— Charlie Munger
$37,649
Birds of a Feather
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Cite this page— APA, MLA, Chicago, BibTeX
Brett Arends (2026). Brett Arends — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 13, 2026, from https://buttcoiners.love/author/brett-arends