2 wrong calls across 1 years of denial. 2 framed for posterity. No signs of stopping.
The Greatest Misses
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
$311
“Bitcoin is a scam that will only end in tears.”
— Alex Brummer
$47,740
“(...) Bitcoin could remain irrationally valuable for a long while yet.”
— Josh Williams
$35,671
“(...) Bitcoin is dead.”
— Rafi Farber
$61,322
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052
“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 a joke perpetuated on a gullible investing public.”
— John Q. Public
$624
“Bitcoin is bovine excrement.”
— Nicholas Weaver
$3,970
“Bitcoin is noxious poison”
— Charlie Munger
$9,875
“There is no value in bitcoin, you can’t use it as money, it’s too slow, too expensive and too vulnerable.”
— Peter Schiff
$14,550
“Nice 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”
— Paul Krugman
$35,853
“Bitcoin is the biggest bubble in human history. It is the mother of all bubbles.”
— Nouriel Roubini
$8,595
“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
“Bitcoin is a scam that will only end in tears.”
— Alex Brummer
$47,740
“(...) Bitcoin could remain irrationally valuable for a long while yet.”
— Josh Williams
$35,671
“(...) Bitcoin is dead.”
— Rafi Farber
$61,322
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052
“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 a joke perpetuated on a gullible investing public.”
— John Q. Public
$624
“Bitcoin is bovine excrement.”
— Nicholas Weaver
$3,970
“Bitcoin is noxious poison”
— Charlie Munger
$9,875
“There is no value in bitcoin, you can’t use it as money, it’s too slow, too expensive and too vulnerable.”
— Peter Schiff
$14,550
“Nice 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”
— Paul Krugman
$35,853
“Bitcoin is the biggest bubble in human history. It is the mother of all bubbles.”
— Nouriel Roubini
$8,595
“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
“Bitcoin is a scam that will only end in tears.”
— Alex Brummer
$47,740
“(...) Bitcoin could remain irrationally valuable for a long while yet.”
— Josh Williams
$35,671
“(...) Bitcoin is dead.”
— Rafi Farber
$61,322
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052
“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 a joke perpetuated on a gullible investing public.”
— John Q. Public
$624
“Bitcoin is bovine excrement.”
— Nicholas Weaver
$3,970
“Bitcoin is noxious poison”
— Charlie Munger
$9,875
“There is no value in bitcoin, you can’t use it as money, it’s too slow, too expensive and too vulnerable.”
— Peter Schiff
$14,550
“Nice 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”
— Paul Krugman
$35,853
“Bitcoin is the biggest bubble in human history. It is the mother of all bubbles.”
— Nouriel Roubini
$8,595
“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
“Bitcoin is a scam that will only end in tears.”
— Alex Brummer
$47,740
“(...) Bitcoin could remain irrationally valuable for a long while yet.”
— Josh Williams
$35,671
“(...) Bitcoin is dead.”
— Rafi Farber
$61,322
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052
“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 a joke perpetuated on a gullible investing public.”
— John Q. Public
$624
“Bitcoin is bovine excrement.”
— Nicholas Weaver
$3,970
“Bitcoin is noxious poison”
— Charlie Munger
$9,875
“There is no value in bitcoin, you can’t use it as money, it’s too slow, too expensive and too vulnerable.”
— Peter Schiff
$14,550
“Nice 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”
— Paul Krugman
$35,853
“Bitcoin is the biggest bubble in human history. It is the mother of all bubbles.”
— Nouriel Roubini
$8,595
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
Joe Carter (2026). Joe Carter — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 13, 2026, from https://buttcoiners.love/author/joe-carter