3 wrong calls across 7 years of denial. 3 framed for posterity. No signs of stopping.
The Greatest Misses
“Bitcoin is a bubble. I think a lot of people are going to lose a lot of money.”
$13,227·
They Weren't the Only Ones Wrong
“Bitcoin is a fad, just like bimetallism before it...”
— Robert Shiller
$5,731
“#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
“Bitcoin is a public, decentralized ponzi scheme”
— Jamie Dimon
$61,322
“Bitcoin is not real money... it's speculation.”
— Vítor Constâncio
$3,686
“Long-term Bitcoin #HOLDers aren't worried as they've been through 73% declines before. But previous declines didn't involve anywhere near the total market cap lost during this decline, nor did they involve massive leverage. This crash is just beginning. #Bitcoin will not recover.”
— Peter Schiff
$18,971
“Bitcoin has no unique value at all. It doesn't produce anything. You can stare at it all day and no little Bitcoins come out or anything like that. It's a delusion, basically.”
— Warren Buffett
$3,826
“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
“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
“If we now say ok, bitcoins. What about platinum? What about coal? Why don’t we hold strategic beef reserves, or mutton reserves, or apple reserves? Why Bitcoin?”
— Lesetja Kganyago
$105,559
“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, 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.”
— Taavet Hinrikus
$428
“Bitcoin is a fad, just like bimetallism before it...”
— Robert Shiller
$5,731
“#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
“Bitcoin is a public, decentralized ponzi scheme”
— Jamie Dimon
$61,322
“Bitcoin is not real money... it's speculation.”
— Vítor Constâncio
$3,686
“Long-term Bitcoin #HOLDers aren't worried as they've been through 73% declines before. But previous declines didn't involve anywhere near the total market cap lost during this decline, nor did they involve massive leverage. This crash is just beginning. #Bitcoin will not recover.”
— Peter Schiff
$18,971
“Bitcoin has no unique value at all. It doesn't produce anything. You can stare at it all day and no little Bitcoins come out or anything like that. It's a delusion, basically.”
— Warren Buffett
$3,826
“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
“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
“If we now say ok, bitcoins. What about platinum? What about coal? Why don’t we hold strategic beef reserves, or mutton reserves, or apple reserves? Why Bitcoin?”
— Lesetja Kganyago
$105,559
“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, 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.”
— Taavet Hinrikus
$428
“Bitcoin is a fad, just like bimetallism before it...”
— Robert Shiller
$5,731
“#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
“Bitcoin is a public, decentralized ponzi scheme”
— Jamie Dimon
$61,322
“Bitcoin is not real money... it's speculation.”
— Vítor Constâncio
$3,686
“Long-term Bitcoin #HOLDers aren't worried as they've been through 73% declines before. But previous declines didn't involve anywhere near the total market cap lost during this decline, nor did they involve massive leverage. This crash is just beginning. #Bitcoin will not recover.”
— Peter Schiff
$18,971
“Bitcoin has no unique value at all. It doesn't produce anything. You can stare at it all day and no little Bitcoins come out or anything like that. It's a delusion, basically.”
— Warren Buffett
$3,826
“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
“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
“If we now say ok, bitcoins. What about platinum? What about coal? Why don’t we hold strategic beef reserves, or mutton reserves, or apple reserves? Why Bitcoin?”
— Lesetja Kganyago
$105,559
“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, 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.”
— Taavet Hinrikus
$428
“Bitcoin is a fad, just like bimetallism before it...”
— Robert Shiller
$5,731
“#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
“Bitcoin is a public, decentralized ponzi scheme”
— Jamie Dimon
$61,322
“Bitcoin is not real money... it's speculation.”
— Vítor Constâncio
$3,686
“Long-term Bitcoin #HOLDers aren't worried as they've been through 73% declines before. But previous declines didn't involve anywhere near the total market cap lost during this decline, nor did they involve massive leverage. This crash is just beginning. #Bitcoin will not recover.”
— Peter Schiff
$18,971
“Bitcoin has no unique value at all. It doesn't produce anything. You can stare at it all day and no little Bitcoins come out or anything like that. It's a delusion, basically.”
— Warren Buffett
$3,826
“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
“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
“If we now say ok, bitcoins. What about platinum? What about coal? Why don’t we hold strategic beef reserves, or mutton reserves, or apple reserves? Why Bitcoin?”
— Lesetja Kganyago
$105,559
“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, 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.”
— Taavet Hinrikus
$428
Birds of a Feather
Same energy, same bad takes.
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Cite this page— APA, MLA, Chicago, BibTeX
Jim Cramer (2026). Jim Cramer — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 13, 2026, from https://buttcoiners.love/author/jim-cramer