“I think the promise of decentralized finance using blockchain technologies is a real one, but Bitcoin itself may not last much longer.”
$46,180·
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
“This is a speculative frenzy. Right now, this is a bubble. It's a cult. When you're in it, obviously you need more people to believe in it, because the price can only go up if other people buy in. In that sense it's a natural Ponzi scheme – a lot of it is just plain greed.”
— Peter Schiff
$4,350
“I just don't believe in this bitcoin thing. I think it's just going to implode one day. I think this is Enron in the making.”
— Prince Alwaleed
$5,914
“Bitcoin is noxious poison”
— Charlie Munger
$9,875
“Bitcoin to Die - its unavoidable. The death of crypto and the blockchain.”
— Arduino Tronic
$226
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“Bitcoin is a highly speculative asset, not a currency. Unreliability, lack of stability, and susceptibility to fraud will continue to plague this cryptocurrency. Don't be tricked, buying Bitcoin is a fool's game.”
— Steve Hanke
$27,271
“Bitcoin Is an Implausible Currency”
— Megan McArdle
$15,189
“Bitcoin is a bubble, a Ponzi scheme and an environmental disaster.”
— Agustín Carstens
$8,093
“Bitcoin is casino chips”
— Avery Pennarun
$60,368
“Bitcoin is nothing.”
— Andy Kessler
$33,120
“Bitcoin’s fabulous rise ... will eventually end in tears”
— Richard Harris
$4,161
“#Bitcoin is an asset that is extremely volatile, susceptible to fraud, and highly uncertain. What could go wrong? Bitcoin is nothing more than a highly speculative asset with a fundamental value of ZERO.”
— Steve Hanke
$42,205
“This is a speculative frenzy. Right now, this is a bubble. It's a cult. When you're in it, obviously you need more people to believe in it, because the price can only go up if other people buy in. In that sense it's a natural Ponzi scheme – a lot of it is just plain greed.”
— Peter Schiff
$4,350
“I just don't believe in this bitcoin thing. I think it's just going to implode one day. I think this is Enron in the making.”
— Prince Alwaleed
$5,914
“Bitcoin is noxious poison”
— Charlie Munger
$9,875
“Bitcoin to Die - its unavoidable. The death of crypto and the blockchain.”
— Arduino Tronic
$226
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“Bitcoin is a highly speculative asset, not a currency. Unreliability, lack of stability, and susceptibility to fraud will continue to plague this cryptocurrency. Don't be tricked, buying Bitcoin is a fool's game.”
— Steve Hanke
$27,271
“Bitcoin Is an Implausible Currency”
— Megan McArdle
$15,189
“Bitcoin is a bubble, a Ponzi scheme and an environmental disaster.”
— Agustín Carstens
$8,093
“Bitcoin is casino chips”
— Avery Pennarun
$60,368
“Bitcoin is nothing.”
— Andy Kessler
$33,120
“Bitcoin’s fabulous rise ... will eventually end in tears”
— Richard Harris
$4,161
“#Bitcoin is an asset that is extremely volatile, susceptible to fraud, and highly uncertain. What could go wrong? Bitcoin is nothing more than a highly speculative asset with a fundamental value of ZERO.”
— Steve Hanke
$42,205
“This is a speculative frenzy. Right now, this is a bubble. It's a cult. When you're in it, obviously you need more people to believe in it, because the price can only go up if other people buy in. In that sense it's a natural Ponzi scheme – a lot of it is just plain greed.”
— Peter Schiff
$4,350
“I just don't believe in this bitcoin thing. I think it's just going to implode one day. I think this is Enron in the making.”
— Prince Alwaleed
$5,914
“Bitcoin is noxious poison”
— Charlie Munger
$9,875
“Bitcoin to Die - its unavoidable. The death of crypto and the blockchain.”
— Arduino Tronic
$226
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“Bitcoin is a highly speculative asset, not a currency. Unreliability, lack of stability, and susceptibility to fraud will continue to plague this cryptocurrency. Don't be tricked, buying Bitcoin is a fool's game.”
— Steve Hanke
$27,271
“Bitcoin Is an Implausible Currency”
— Megan McArdle
$15,189
“Bitcoin is a bubble, a Ponzi scheme and an environmental disaster.”
— Agustín Carstens
$8,093
“Bitcoin is casino chips”
— Avery Pennarun
$60,368
“Bitcoin is nothing.”
— Andy Kessler
$33,120
“Bitcoin’s fabulous rise ... will eventually end in tears”
— Richard Harris
$4,161
“#Bitcoin is an asset that is extremely volatile, susceptible to fraud, and highly uncertain. What could go wrong? Bitcoin is nothing more than a highly speculative asset with a fundamental value of ZERO.”
— Steve Hanke
$42,205
“This is a speculative frenzy. Right now, this is a bubble. It's a cult. When you're in it, obviously you need more people to believe in it, because the price can only go up if other people buy in. In that sense it's a natural Ponzi scheme – a lot of it is just plain greed.”
— Peter Schiff
$4,350
“I just don't believe in this bitcoin thing. I think it's just going to implode one day. I think this is Enron in the making.”
— Prince Alwaleed
$5,914
“Bitcoin is noxious poison”
— Charlie Munger
$9,875
“Bitcoin to Die - its unavoidable. The death of crypto and the blockchain.”
— Arduino Tronic
$226
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“Bitcoin is a highly speculative asset, not a currency. Unreliability, lack of stability, and susceptibility to fraud will continue to plague this cryptocurrency. Don't be tricked, buying Bitcoin is a fool's game.”
— Steve Hanke
$27,271
“Bitcoin Is an Implausible Currency”
— Megan McArdle
$15,189
“Bitcoin is a bubble, a Ponzi scheme and an environmental disaster.”
— Agustín Carstens
$8,093
“Bitcoin is casino chips”
— Avery Pennarun
$60,368
“Bitcoin is nothing.”
— Andy Kessler
$33,120
“Bitcoin’s fabulous rise ... will eventually end in tears”
— Richard Harris
$4,161
“#Bitcoin is an asset that is extremely volatile, susceptible to fraud, and highly uncertain. What could go wrong? Bitcoin is nothing more than a highly speculative asset with a fundamental value of ZERO.”
— Steve Hanke
$42,205
Birds of a Feather
Same energy, same bad takes.
Buttcoiners.love collects the most spectacularly wrong Bitcoin predictions and turns them into art. Because nothing ages like bad takes.
Cite this page— APA, MLA, Chicago, BibTeX
Eswar Prasad (2026). Eswar Prasad — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 13, 2026, from https://buttcoiners.love/author/eswar-prasad