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Avery Pennarun
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David Taylor
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They Weren't the Only Ones Wrong
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“I don’t know where it will end or how it will end, but it will end. And when it ends, it will be ugly because there will be nothing there.”
— Stephen Isaacs
$55,685
“Cryptocurrencies play almost no role in economic transactions other than speculation in crypto markets themselves. And if your answer is ‘give it time,’ you should bear in mind that bitcoin has been around since 2009, which makes it ancient by tech standards; Apple introduced the iPad in 2010.”
— Paul Krugman
$30,416
“Bitcoin isn’t just speculation, it is also a statement of identity.”
— Josh Williams
$35,671
“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
“There can be little doubt that Bitcoin is madness.”
— Josh Williams
$35,671
“Bitcoin is a pure Ponzi. Its a pyramid.”
— Peter Schiff
$26,838
“I personally think that bitcoin is worthless.”
— Jamie Dimon
$57,490
“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”
— Donald Trump
$11,350
“Bitcoin has no intrinsic value but I applaud your ability to want to buy or sell it, just like I think you have the right to smoke.”
— Jamie Dimon
$94,575
“Bitcoin is “fool’s gold and anybody buying it is ultimately a fool”
— Peter Schiff
$65,992
“Bitcoin: you're buying obsolescence and the fall will be hard”
— J.G. Collins
$54,408
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“I don’t know where it will end or how it will end, but it will end. And when it ends, it will be ugly because there will be nothing there.”
— Stephen Isaacs
$55,685
“Cryptocurrencies play almost no role in economic transactions other than speculation in crypto markets themselves. And if your answer is ‘give it time,’ you should bear in mind that bitcoin has been around since 2009, which makes it ancient by tech standards; Apple introduced the iPad in 2010.”
— Paul Krugman
$30,416
“Bitcoin isn’t just speculation, it is also a statement of identity.”
— Josh Williams
$35,671
“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
“There can be little doubt that Bitcoin is madness.”
— Josh Williams
$35,671
“Bitcoin is a pure Ponzi. Its a pyramid.”
— Peter Schiff
$26,838
“I personally think that bitcoin is worthless.”
— Jamie Dimon
$57,490
“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”
— Donald Trump
$11,350
“Bitcoin has no intrinsic value but I applaud your ability to want to buy or sell it, just like I think you have the right to smoke.”
— Jamie Dimon
$94,575
“Bitcoin is “fool’s gold and anybody buying it is ultimately a fool”
— Peter Schiff
$65,992
“Bitcoin: you're buying obsolescence and the fall will be hard”
— J.G. Collins
$54,408
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“I don’t know where it will end or how it will end, but it will end. And when it ends, it will be ugly because there will be nothing there.”
— Stephen Isaacs
$55,685
“Cryptocurrencies play almost no role in economic transactions other than speculation in crypto markets themselves. And if your answer is ‘give it time,’ you should bear in mind that bitcoin has been around since 2009, which makes it ancient by tech standards; Apple introduced the iPad in 2010.”
— Paul Krugman
$30,416
“Bitcoin isn’t just speculation, it is also a statement of identity.”
— Josh Williams
$35,671
“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
“There can be little doubt that Bitcoin is madness.”
— Josh Williams
$35,671
“Bitcoin is a pure Ponzi. Its a pyramid.”
— Peter Schiff
$26,838
“I personally think that bitcoin is worthless.”
— Jamie Dimon
$57,490
“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”
— Donald Trump
$11,350
“Bitcoin has no intrinsic value but I applaud your ability to want to buy or sell it, just like I think you have the right to smoke.”
— Jamie Dimon
$94,575
“Bitcoin is “fool’s gold and anybody buying it is ultimately a fool”
— Peter Schiff
$65,992
“Bitcoin: you're buying obsolescence and the fall will be hard”
— J.G. Collins
$54,408
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“I don’t know where it will end or how it will end, but it will end. And when it ends, it will be ugly because there will be nothing there.”
— Stephen Isaacs
$55,685
“Cryptocurrencies play almost no role in economic transactions other than speculation in crypto markets themselves. And if your answer is ‘give it time,’ you should bear in mind that bitcoin has been around since 2009, which makes it ancient by tech standards; Apple introduced the iPad in 2010.”
— Paul Krugman
$30,416
“Bitcoin isn’t just speculation, it is also a statement of identity.”
— Josh Williams
$35,671
“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
“There can be little doubt that Bitcoin is madness.”
— Josh Williams
$35,671
“Bitcoin is a pure Ponzi. Its a pyramid.”
— Peter Schiff
$26,838
“I personally think that bitcoin is worthless.”
— Jamie Dimon
$57,490
“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”
— Donald Trump
$11,350
“Bitcoin has no intrinsic value but I applaud your ability to want to buy or sell it, just like I think you have the right to smoke.”
— Jamie Dimon
$94,575
“Bitcoin is “fool’s gold and anybody buying it is ultimately a fool”
— Peter Schiff
$65,992
“Bitcoin: you're buying obsolescence and the fall will be hard”
— J.G. Collins
$54,408
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Cite this page— APA, MLA, Chicago, BibTeX
David Taylor (2026). David Taylor — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 13, 2026, from https://buttcoiners.love/author/david-taylor