“One of the signs that Bitcoin is dying is that hardly anyone actually uses the currency.”
$217·
3 wrong calls across 3 years of denial. 3 framed for posterity. No signs of stopping.
The Greatest Misses
“The idea that desperately poor people with limited access to basic necessities will have the technology and the expertise (or need) to use bitcoin is laughable. It is delusional to believe that Bitcoin will be saved by people without access to running water. The people of the Third World have bigger concerns than a decentralised peer-to-peer electronic currency.”
$217·
They Weren't the Only Ones Wrong
“Bitcoin is a HIGHLY SPECULATIVE asset fueled by HYPE. It's a bubble waiting to pop.”
— Steve Hanke
$47,675
“Bitcoin Is The Next Tumblr”
— Lawrence Meyers
$48,766
“It's an asset that's crazy.”
— Nassim Nicholas Taleb
$30,838
“Bitcoin is not real money... it's speculation.”
— Vítor Constâncio
$3,686
“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
“Getting poorer with Bitcoin”
— Dave Harper
$5,673
“It’s a fraud and honestly I’m just shocked anyone can’t see it for what it is.”
— Jamie Dimon
$4,161
“These gimmicks, you have bitcoin today. You may have another one tomorrow. They come and go, and there’s no systematic link between them and the claims they make.”
— Nassim Nicholas Taleb
$51,125
“Asking why I think bitcoin won't work is like asking why the sky isn't red.”
— Avery Pennarun
$4
“For those who had assumed that it might turn into a currency -- terribly sorry, but this is an asset and it’s a highly speculative asset which has conducted some funny business and some interesting and totally reprehensible money-laundering activity.”
— Christine Lagarde
$37,386
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“#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 HIGHLY SPECULATIVE asset fueled by HYPE. It's a bubble waiting to pop.”
— Steve Hanke
$47,675
“Bitcoin Is The Next Tumblr”
— Lawrence Meyers
$48,766
“It's an asset that's crazy.”
— Nassim Nicholas Taleb
$30,838
“Bitcoin is not real money... it's speculation.”
— Vítor Constâncio
$3,686
“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
“Getting poorer with Bitcoin”
— Dave Harper
$5,673
“It’s a fraud and honestly I’m just shocked anyone can’t see it for what it is.”
— Jamie Dimon
$4,161
“These gimmicks, you have bitcoin today. You may have another one tomorrow. They come and go, and there’s no systematic link between them and the claims they make.”
— Nassim Nicholas Taleb
$51,125
“Asking why I think bitcoin won't work is like asking why the sky isn't red.”
— Avery Pennarun
$4
“For those who had assumed that it might turn into a currency -- terribly sorry, but this is an asset and it’s a highly speculative asset which has conducted some funny business and some interesting and totally reprehensible money-laundering activity.”
— Christine Lagarde
$37,386
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“#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 HIGHLY SPECULATIVE asset fueled by HYPE. It's a bubble waiting to pop.”
— Steve Hanke
$47,675
“Bitcoin Is The Next Tumblr”
— Lawrence Meyers
$48,766
“It's an asset that's crazy.”
— Nassim Nicholas Taleb
$30,838
“Bitcoin is not real money... it's speculation.”
— Vítor Constâncio
$3,686
“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
“Getting poorer with Bitcoin”
— Dave Harper
$5,673
“It’s a fraud and honestly I’m just shocked anyone can’t see it for what it is.”
— Jamie Dimon
$4,161
“These gimmicks, you have bitcoin today. You may have another one tomorrow. They come and go, and there’s no systematic link between them and the claims they make.”
— Nassim Nicholas Taleb
$51,125
“Asking why I think bitcoin won't work is like asking why the sky isn't red.”
— Avery Pennarun
$4
“For those who had assumed that it might turn into a currency -- terribly sorry, but this is an asset and it’s a highly speculative asset which has conducted some funny business and some interesting and totally reprehensible money-laundering activity.”
— Christine Lagarde
$37,386
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“#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 HIGHLY SPECULATIVE asset fueled by HYPE. It's a bubble waiting to pop.”
— Steve Hanke
$47,675
“Bitcoin Is The Next Tumblr”
— Lawrence Meyers
$48,766
“It's an asset that's crazy.”
— Nassim Nicholas Taleb
$30,838
“Bitcoin is not real money... it's speculation.”
— Vítor Constâncio
$3,686
“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
“Getting poorer with Bitcoin”
— Dave Harper
$5,673
“It’s a fraud and honestly I’m just shocked anyone can’t see it for what it is.”
— Jamie Dimon
$4,161
“These gimmicks, you have bitcoin today. You may have another one tomorrow. They come and go, and there’s no systematic link between them and the claims they make.”
— Nassim Nicholas Taleb
$51,125
“Asking why I think bitcoin won't work is like asking why the sky isn't red.”
— Avery Pennarun
$4
“For those who had assumed that it might turn into a currency -- terribly sorry, but this is an asset and it’s a highly speculative asset which has conducted some funny business and some interesting and totally reprehensible money-laundering activity.”
— Christine Lagarde
$37,386
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“#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
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
Robert Nielsen (2026). Robert Nielsen — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 13, 2026, from https://buttcoiners.love/author/robert-nielsen