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Dr Joachim Nagel
President of Deutsche Bundesbank
No bad takes on record — yet. We're keeping score.
They Weren't the Only Ones Wrong
“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
$18,971at the time
“I regard the bitcoin craze as totally asinine.”
— Charlie Munger
$9,875at the time
“Bitcoin is (Nearly) Dead”
— Joe Carter
$662at the time
“Bitcoin: you're buying obsolescence and the fall will be hard”
— J.G. Collins
$54,408at the time
“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
$105,559at the time
“”
— Jordan Belfort
$6,177at the time
“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
$11,350at 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
“A speculative thing. It's a speculative asset that seems to, just like behave, you know, like the high-priced real estate in Manhattan, for it attrack the stock market.”
— Nassim Taleb
$30,838at the time
“Bitcoin is a detector of imbeciles. But it’s not a currency, not a store of value, and not a medium of exchange.”
— Nassim Nicholas Taleb
$30,838at the time
“Bitcoin is a Ponzi scheme, and it will collapse like one”
— Bert Ely
$14,691at the time
“Bitcoin isn't cyberpunk fantasy and it isn't a Thomas Pynchon novel. It's dull. The thrill is gone. And that's why people are so mad.”
— Andrew Leonard
$626at the time
“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
$18,971at the time
“I regard the bitcoin craze as totally asinine.”
— Charlie Munger
$9,875at the time
“Bitcoin is (Nearly) Dead”
— Joe Carter
$662at the time
“Bitcoin: you're buying obsolescence and the fall will be hard”
— J.G. Collins
$54,408at the time
“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
$105,559at the time
“”
— Jordan Belfort
$6,177at the time
“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
$11,350at 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
“A speculative thing. It's a speculative asset that seems to, just like behave, you know, like the high-priced real estate in Manhattan, for it attrack the stock market.”
— Nassim Taleb
$30,838at the time
“Bitcoin is a detector of imbeciles. But it’s not a currency, not a store of value, and not a medium of exchange.”
— Nassim Nicholas Taleb
$30,838at the time
“Bitcoin is a Ponzi scheme, and it will collapse like one”
— Bert Ely
$14,691at the time
“Bitcoin isn't cyberpunk fantasy and it isn't a Thomas Pynchon novel. It's dull. The thrill is gone. And that's why people are so mad.”
— Andrew Leonard
$626at the time
“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
$18,971at the time
“I regard the bitcoin craze as totally asinine.”
— Charlie Munger
$9,875at the time
“Bitcoin is (Nearly) Dead”
— Joe Carter
$662at the time
“Bitcoin: you're buying obsolescence and the fall will be hard”
— J.G. Collins
$54,408at the time
“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
$105,559at the time
“”
— Jordan Belfort
$6,177at the time
“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
$11,350at 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
“A speculative thing. It's a speculative asset that seems to, just like behave, you know, like the high-priced real estate in Manhattan, for it attrack the stock market.”
— Nassim Taleb
$30,838at the time
“Bitcoin is a detector of imbeciles. But it’s not a currency, not a store of value, and not a medium of exchange.”
— Nassim Nicholas Taleb
$30,838at the time
“Bitcoin is a Ponzi scheme, and it will collapse like one”
— Bert Ely
$14,691at the time
“Bitcoin isn't cyberpunk fantasy and it isn't a Thomas Pynchon novel. It's dull. The thrill is gone. And that's why people are so mad.”
— Andrew Leonard
$626at the time
“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
$18,971at the time
“I regard the bitcoin craze as totally asinine.”
— Charlie Munger
$9,875at the time
“Bitcoin is (Nearly) Dead”
— Joe Carter
$662at the time
“Bitcoin: you're buying obsolescence and the fall will be hard”
— J.G. Collins
$54,408at the time
“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
$105,559at the time
“”
— Jordan Belfort
$6,177at the time
“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
$11,350at 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
“A speculative thing. It's a speculative asset that seems to, just like behave, you know, like the high-priced real estate in Manhattan, for it attrack the stock market.”
— Nassim Taleb
$30,838at the time
“Bitcoin is a detector of imbeciles. But it’s not a currency, not a store of value, and not a medium of exchange.”
— Nassim Nicholas Taleb
$30,838at the time
“Bitcoin is a Ponzi scheme, and it will collapse like one”
— Bert Ely
$14,691at the time
“Bitcoin isn't cyberpunk fantasy and it isn't a Thomas Pynchon novel. It's dull. The thrill is gone. And that's why people are so mad.”
— Andrew Leonard
$626at the time
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Cite this page— APA, MLA, Chicago, BibTeX
Robert McCauley (2026). Robert McCauley — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 15, 2026, from https://buttcoiners.love/author/robert-mccauley