“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
$118,347·
3 wrong calls across 10 years of denial. 3 framed for posterity. No signs of stopping.
The Greatest Misses
“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.”
$428·
“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.”
$428·
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
“(...) Therefore Bitcoin must collapse.”
— Kevin Dowd
$338
“Bitcoin is over. #RIP”
— Mark Dow
$10,125
“Bitcoin’s fabulous rise ... will eventually end in tears”
— Richard Harris
$4,161
“Bitcoin just shows you how much demand for money laundering there is in the world”
— Larry Fink
$5,558
“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
“Mr. Bitcoin is about to go down big.”
— Jim Cramer
$26,872
“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 has no real value.”
— Jim Cramer
$20,175
“Sometime I call it crypto crapo, sometime I call it cryp sh*t. It's just ridiculous than anybody would buy it.”
— Charlie Munger
$24,331
“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
“Asking why I think bitcoin won't work is like asking why the sky isn't red.”
— Avery Pennarun
$4
“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
“(...) Therefore Bitcoin must collapse.”
— Kevin Dowd
$338
“Bitcoin is over. #RIP”
— Mark Dow
$10,125
“Bitcoin’s fabulous rise ... will eventually end in tears”
— Richard Harris
$4,161
“Bitcoin just shows you how much demand for money laundering there is in the world”
— Larry Fink
$5,558
“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
“Mr. Bitcoin is about to go down big.”
— Jim Cramer
$26,872
“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 has no real value.”
— Jim Cramer
$20,175
“Sometime I call it crypto crapo, sometime I call it cryp sh*t. It's just ridiculous than anybody would buy it.”
— Charlie Munger
$24,331
“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
“Asking why I think bitcoin won't work is like asking why the sky isn't red.”
— Avery Pennarun
$4
“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
“(...) Therefore Bitcoin must collapse.”
— Kevin Dowd
$338
“Bitcoin is over. #RIP”
— Mark Dow
$10,125
“Bitcoin’s fabulous rise ... will eventually end in tears”
— Richard Harris
$4,161
“Bitcoin just shows you how much demand for money laundering there is in the world”
— Larry Fink
$5,558
“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
“Mr. Bitcoin is about to go down big.”
— Jim Cramer
$26,872
“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 has no real value.”
— Jim Cramer
$20,175
“Sometime I call it crypto crapo, sometime I call it cryp sh*t. It's just ridiculous than anybody would buy it.”
— Charlie Munger
$24,331
“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
“Asking why I think bitcoin won't work is like asking why the sky isn't red.”
— Avery Pennarun
$4
“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
“(...) Therefore Bitcoin must collapse.”
— Kevin Dowd
$338
“Bitcoin is over. #RIP”
— Mark Dow
$10,125
“Bitcoin’s fabulous rise ... will eventually end in tears”
— Richard Harris
$4,161
“Bitcoin just shows you how much demand for money laundering there is in the world”
— Larry Fink
$5,558
“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
“Mr. Bitcoin is about to go down big.”
— Jim Cramer
$26,872
“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 has no real value.”
— Jim Cramer
$20,175
“Sometime I call it crypto crapo, sometime I call it cryp sh*t. It's just ridiculous than anybody would buy it.”
— Charlie Munger
$24,331
“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
“Asking why I think bitcoin won't work is like asking why the sky isn't red.”
— Avery Pennarun
$4
Birds of a Feather
Same energy, same bad takes.
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Cite this page— APA, MLA, Chicago, BibTeX
Taavet Hinrikus (2026). Taavet Hinrikus — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 13, 2026, from https://buttcoiners.love/author/taavet-hinrikus