Dan Olson

    Dan Olson

    YouTuber & Critic

    Media
    0quotes
    0posters

    No bad takes on record β€” yet. We're keeping score.

    They Weren't the Only Ones Wrong

    Avery Pennarun wrong Bitcoin prediction poster

    β€œOne of the lures of bitcoin is the idea of taking power away from the people in power.”

    β€” Avery Pennarun

    $4at the time

    Rafi Farber wrong Bitcoin prediction poster

    β€œ(...) Bitcoin is dead.”

    β€” Rafi Farber

    $61,322at the time

    Donald Trump wrong Bitcoin prediction poster

    β€œI am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”

    β€” Donald Trump

    $11,350at the time

    Taavet Hinrikus wrong Bitcoin prediction poster

    β€œBitcoin, I think we can say, is dead. There is no traction, no one is using bitcoin. The bitcoin experiment, I think we can say, is over.”

    β€” Taavet Hinrikus

    $428at the time

    The Underground Economist wrong Bitcoin prediction poster

    β€œWhy Bitcoin can’t be a currency”

    β€” The Underground Economist

    $0at the time

    Paul Krugman wrong Bitcoin prediction poster

    β€œNice essay via FTAlphaville. Bitcoin has clearly failed in its mission to become money, but its value is sustained because it has become a sort of natural Ponzi scheme”

    β€” Paul Krugman

    $35,853at the time

    Kevin Drum wrong Bitcoin prediction poster

    β€œI’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.”

    β€” Kevin Drum

    $311at the time

    Peter Schiff wrong Bitcoin prediction poster

    β€œThere is no real demand for bitcoin.”

    β€” Peter Schiff

    $26,838at the time

    Peter Schiff wrong Bitcoin prediction poster

    β€œ#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.”

    β€” Peter Schiff

    $81,483at the time

    James Woods wrong Bitcoin prediction poster

    β€œ#Bitcoin is the #BeanieBabies of the modern era. Good luck!”

    β€” James Woods

    $15,379at the time

    Warren Buffett wrong Bitcoin prediction poster

    β€œβ€œStay away from Bitcoin. It's a mirage.””

    β€” Warren Buffett

    $629at the time

    Charlie Munger wrong Bitcoin prediction poster

    β€œIn 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”

    β€” Charlie Munger

    $37,649at the time

    Avery Pennarun wrong Bitcoin prediction poster

    β€œOne of the lures of bitcoin is the idea of taking power away from the people in power.”

    β€” Avery Pennarun

    $4at the time

    Rafi Farber wrong Bitcoin prediction poster

    β€œ(...) Bitcoin is dead.”

    β€” Rafi Farber

    $61,322at the time

    Donald Trump wrong Bitcoin prediction poster

    β€œI am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”

    β€” Donald Trump

    $11,350at the time

    Taavet Hinrikus wrong Bitcoin prediction poster

    β€œBitcoin, I think we can say, is dead. There is no traction, no one is using bitcoin. The bitcoin experiment, I think we can say, is over.”

    β€” Taavet Hinrikus

    $428at the time

    The Underground Economist wrong Bitcoin prediction poster

    β€œWhy Bitcoin can’t be a currency”

    β€” The Underground Economist

    $0at the time

    Paul Krugman wrong Bitcoin prediction poster

    β€œNice essay via FTAlphaville. Bitcoin has clearly failed in its mission to become money, but its value is sustained because it has become a sort of natural Ponzi scheme”

    β€” Paul Krugman

    $35,853at the time

    Kevin Drum wrong Bitcoin prediction poster

    β€œI’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.”

    β€” Kevin Drum

    $311at the time

    Peter Schiff wrong Bitcoin prediction poster

    β€œThere is no real demand for bitcoin.”

    β€” Peter Schiff

    $26,838at the time

    Peter Schiff wrong Bitcoin prediction poster

    β€œ#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.”

    β€” Peter Schiff

    $81,483at the time

    James Woods wrong Bitcoin prediction poster

    β€œ#Bitcoin is the #BeanieBabies of the modern era. Good luck!”

    β€” James Woods

    $15,379at the time

    Warren Buffett wrong Bitcoin prediction poster

    β€œβ€œStay away from Bitcoin. It's a mirage.””

    β€” Warren Buffett

    $629at the time

    Charlie Munger wrong Bitcoin prediction poster

    β€œIn 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”

    β€” Charlie Munger

    $37,649at the time

    Avery Pennarun wrong Bitcoin prediction poster

    β€œOne of the lures of bitcoin is the idea of taking power away from the people in power.”

    β€” Avery Pennarun

    $4at the time

    Rafi Farber wrong Bitcoin prediction poster

    β€œ(...) Bitcoin is dead.”

    β€” Rafi Farber

    $61,322at the time

    Donald Trump wrong Bitcoin prediction poster

    β€œI am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”

    β€” Donald Trump

    $11,350at the time

    Taavet Hinrikus wrong Bitcoin prediction poster

    β€œBitcoin, I think we can say, is dead. There is no traction, no one is using bitcoin. The bitcoin experiment, I think we can say, is over.”

    β€” Taavet Hinrikus

    $428at the time

    The Underground Economist wrong Bitcoin prediction poster

    β€œWhy Bitcoin can’t be a currency”

    β€” The Underground Economist

    $0at the time

    Paul Krugman wrong Bitcoin prediction poster

    β€œNice essay via FTAlphaville. Bitcoin has clearly failed in its mission to become money, but its value is sustained because it has become a sort of natural Ponzi scheme”

    β€” Paul Krugman

    $35,853at the time

    Kevin Drum wrong Bitcoin prediction poster

    β€œI’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.”

    β€” Kevin Drum

    $311at the time

    Peter Schiff wrong Bitcoin prediction poster

    β€œThere is no real demand for bitcoin.”

    β€” Peter Schiff

    $26,838at the time

    Peter Schiff wrong Bitcoin prediction poster

    β€œ#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.”

    β€” Peter Schiff

    $81,483at the time

    James Woods wrong Bitcoin prediction poster

    β€œ#Bitcoin is the #BeanieBabies of the modern era. Good luck!”

    β€” James Woods

    $15,379at the time

    Warren Buffett wrong Bitcoin prediction poster

    β€œβ€œStay away from Bitcoin. It's a mirage.””

    β€” Warren Buffett

    $629at the time

    Charlie Munger wrong Bitcoin prediction poster

    β€œIn 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”

    β€” Charlie Munger

    $37,649at the time

    Avery Pennarun wrong Bitcoin prediction poster

    β€œOne of the lures of bitcoin is the idea of taking power away from the people in power.”

    β€” Avery Pennarun

    $4at the time

    Rafi Farber wrong Bitcoin prediction poster

    β€œ(...) Bitcoin is dead.”

    β€” Rafi Farber

    $61,322at the time

    Donald Trump wrong Bitcoin prediction poster

    β€œI am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”

    β€” Donald Trump

    $11,350at the time

    Taavet Hinrikus wrong Bitcoin prediction poster

    β€œBitcoin, I think we can say, is dead. There is no traction, no one is using bitcoin. The bitcoin experiment, I think we can say, is over.”

    β€” Taavet Hinrikus

    $428at the time

    The Underground Economist wrong Bitcoin prediction poster

    β€œWhy Bitcoin can’t be a currency”

    β€” The Underground Economist

    $0at the time

    Paul Krugman wrong Bitcoin prediction poster

    β€œNice essay via FTAlphaville. Bitcoin has clearly failed in its mission to become money, but its value is sustained because it has become a sort of natural Ponzi scheme”

    β€” Paul Krugman

    $35,853at the time

    Kevin Drum wrong Bitcoin prediction poster

    β€œI’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.”

    β€” Kevin Drum

    $311at the time

    Peter Schiff wrong Bitcoin prediction poster

    β€œThere is no real demand for bitcoin.”

    β€” Peter Schiff

    $26,838at the time

    Peter Schiff wrong Bitcoin prediction poster

    β€œ#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.”

    β€” Peter Schiff

    $81,483at the time

    James Woods wrong Bitcoin prediction poster

    β€œ#Bitcoin is the #BeanieBabies of the modern era. Good luck!”

    β€” James Woods

    $15,379at the time

    Warren Buffett wrong Bitcoin prediction poster

    β€œβ€œStay away from Bitcoin. It's a mirage.””

    β€” Warren Buffett

    $629at the time

    Charlie Munger wrong Bitcoin prediction poster

    β€œIn 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”

    β€” Charlie Munger

    $37,649at the time

    Birds of a Feather

    Same energy, same bad takes.

    Andrew Leonard
    View quotes & posters β†’

    Andrew Leonard

    Journalist

    Ben Kritz
    View quotes & posters β†’

    Ben Kritz

    Journalist

    Brett Arends
    View quotes & posters β†’

    Brett Arends

    Financial Journalist

    Andrew Leonard
    View quotes & posters β†’

    Andrew Leonard

    Journalist

    Ben Kritz
    View quotes & posters β†’

    Ben Kritz

    Journalist

    Brett Arends
    View quotes & posters β†’

    Brett Arends

    Financial Journalist

    Andrew Leonard
    View quotes & posters β†’

    Andrew Leonard

    Journalist

    Ben Kritz
    View quotes & posters β†’

    Ben Kritz

    Journalist

    Brett Arends
    View quotes & posters β†’

    Brett Arends

    Financial Journalist

    Buttcoiners.love collects the most spectacularly wrong Bitcoin predictions and turns them into art. Because nothing ages like bad takes.

    Cite this pageβ€” APA, MLA, Chicago, BibTeX
    Dan Olson (2026). Dan Olson β€” Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 15, 2026, from https://buttcoiners.love/author/dan-olson