Plot Twist: ₿uyer
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Agustín Carstens
General Manager of BIS
Fahad Kamal
Investor, Kleinwort Hambros
Finance
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They Weren't the Only Ones Wrong
“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
$311at the time
“Bitcoin is casino chips”
— Avery Pennarun
$60,368at the time
“There is no real demand for bitcoin.”
— Peter Schiff
$26,838at the time
“I think the promise of decentralized finance using blockchain technologies is a real one, but Bitcoin itself may not last much longer.”
— Eswar Prasad
$46,180at the time
“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
$37,649at the time
“Bitcoin is noxious poison”
— Charlie Munger
$9,875at the time
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052at the time
“Bitcoin is probably rat poison squared.”
— Warren Buffett
$9,819at the time
“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
$94,575at the time
“Getting poorer with Bitcoin”
— Dave Harper
$5,673at the time
“Bitcoin’s fabulous rise ... will eventually end in tears”
— Richard Harris
$4,161at the time
“Bitcoin is a bubble. I think a lot of people are going to lose a lot of money.”
— Jim Cramer
$13,227at the time
“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
$311at the time
“Bitcoin is casino chips”
— Avery Pennarun
$60,368at the time
“There is no real demand for bitcoin.”
— Peter Schiff
$26,838at the time
“I think the promise of decentralized finance using blockchain technologies is a real one, but Bitcoin itself may not last much longer.”
— Eswar Prasad
$46,180at the time
“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
$37,649at the time
“Bitcoin is noxious poison”
— Charlie Munger
$9,875at the time
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052at the time
“Bitcoin is probably rat poison squared.”
— Warren Buffett
$9,819at the time
“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
$94,575at the time
“Getting poorer with Bitcoin”
— Dave Harper
$5,673at the time
“Bitcoin’s fabulous rise ... will eventually end in tears”
— Richard Harris
$4,161at the time
“Bitcoin is a bubble. I think a lot of people are going to lose a lot of money.”
— Jim Cramer
$13,227at the time
“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
$311at the time
“Bitcoin is casino chips”
— Avery Pennarun
$60,368at the time
“There is no real demand for bitcoin.”
— Peter Schiff
$26,838at the time
“I think the promise of decentralized finance using blockchain technologies is a real one, but Bitcoin itself may not last much longer.”
— Eswar Prasad
$46,180at the time
“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
$37,649at the time
“Bitcoin is noxious poison”
— Charlie Munger
$9,875at the time
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052at the time
“Bitcoin is probably rat poison squared.”
— Warren Buffett
$9,819at the time
“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
$94,575at the time
“Getting poorer with Bitcoin”
— Dave Harper
$5,673at the time
“Bitcoin’s fabulous rise ... will eventually end in tears”
— Richard Harris
$4,161at the time
“Bitcoin is a bubble. I think a lot of people are going to lose a lot of money.”
— Jim Cramer
$13,227at the time
“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
$311at the time
“Bitcoin is casino chips”
— Avery Pennarun
$60,368at the time
“There is no real demand for bitcoin.”
— Peter Schiff
$26,838at the time
“I think the promise of decentralized finance using blockchain technologies is a real one, but Bitcoin itself may not last much longer.”
— Eswar Prasad
$46,180at the time
“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
$37,649at the time
“Bitcoin is noxious poison”
— Charlie Munger
$9,875at the time
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052at the time
“Bitcoin is probably rat poison squared.”
— Warren Buffett
$9,819at the time
“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
$94,575at the time
“Getting poorer with Bitcoin”
— Dave Harper
$5,673at the time
“Bitcoin’s fabulous rise ... will eventually end in tears”
— Richard Harris
$4,161at the time
“Bitcoin is a bubble. I think a lot of people are going to lose a lot of money.”
— Jim Cramer
$13,227at the time
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Fahad Kamal (2026). Fahad Kamal — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 15, 2026, from https://buttcoiners.love/author/fahad-kamal