1 wrong call across 1 years of denial. 1 framed for posterity. No signs of stopping.
The Greatest Misses
They Weren't the Only Ones Wrong
“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
$30,838
“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
$626
“Bitcoin is akin to a 'pet rock' because it 'does nothing”
— Jamie Dimon
$42,699
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052
“It’s worse than tulip bulbs … it will be the emperor with no clothes”
— Jamie Dimon
$4,207
“I don’t know where it will end or how it will end, but it will end. And when it ends, it will be ugly because there will be nothing there.”
— Stephen Isaacs
$55,685
“Bitcoin can collapse completely.”
— Agustín Carstens
$34,261
“Bitcoin is casino chips”
— Avery Pennarun
$60,368
“BitCoin looks like it was designed as a weapon intended to damage central banking and money issuing banks, with a Libertarian political agenda in mind—to damage states ability to collect tax and monitor their citizens financial transactions.”
— Paul Krugman
$728
“”
— Jordan Belfort
$6,177
“It's a mirage basically. It's a very effective way of transmitting money and you can do it anonymously and all that. A check is a way of transmitting money too. Are checks worth a whole lot of money just because they can transmit money? I hope bitcoin becomes a better way of doing it but you can replicate it a bunch of different ways. The idea that it has some huge intrinsic value is just a joke in my view.”
— Warren Buffett
$629
“I agree I would short it if there was an easy way to do it.”
— Bill Gates
$8,451
“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
$30,838
“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
$626
“Bitcoin is akin to a 'pet rock' because it 'does nothing”
— Jamie Dimon
$42,699
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052
“It’s worse than tulip bulbs … it will be the emperor with no clothes”
— Jamie Dimon
$4,207
“I don’t know where it will end or how it will end, but it will end. And when it ends, it will be ugly because there will be nothing there.”
— Stephen Isaacs
$55,685
“Bitcoin can collapse completely.”
— Agustín Carstens
$34,261
“Bitcoin is casino chips”
— Avery Pennarun
$60,368
“BitCoin looks like it was designed as a weapon intended to damage central banking and money issuing banks, with a Libertarian political agenda in mind—to damage states ability to collect tax and monitor their citizens financial transactions.”
— Paul Krugman
$728
“”
— Jordan Belfort
$6,177
“It's a mirage basically. It's a very effective way of transmitting money and you can do it anonymously and all that. A check is a way of transmitting money too. Are checks worth a whole lot of money just because they can transmit money? I hope bitcoin becomes a better way of doing it but you can replicate it a bunch of different ways. The idea that it has some huge intrinsic value is just a joke in my view.”
— Warren Buffett
$629
“I agree I would short it if there was an easy way to do it.”
— Bill Gates
$8,451
“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
$30,838
“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
$626
“Bitcoin is akin to a 'pet rock' because it 'does nothing”
— Jamie Dimon
$42,699
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052
“It’s worse than tulip bulbs … it will be the emperor with no clothes”
— Jamie Dimon
$4,207
“I don’t know where it will end or how it will end, but it will end. And when it ends, it will be ugly because there will be nothing there.”
— Stephen Isaacs
$55,685
“Bitcoin can collapse completely.”
— Agustín Carstens
$34,261
“Bitcoin is casino chips”
— Avery Pennarun
$60,368
“BitCoin looks like it was designed as a weapon intended to damage central banking and money issuing banks, with a Libertarian political agenda in mind—to damage states ability to collect tax and monitor their citizens financial transactions.”
— Paul Krugman
$728
“”
— Jordan Belfort
$6,177
“It's a mirage basically. It's a very effective way of transmitting money and you can do it anonymously and all that. A check is a way of transmitting money too. Are checks worth a whole lot of money just because they can transmit money? I hope bitcoin becomes a better way of doing it but you can replicate it a bunch of different ways. The idea that it has some huge intrinsic value is just a joke in my view.”
— Warren Buffett
$629
“I agree I would short it if there was an easy way to do it.”
— Bill Gates
$8,451
“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
$30,838
“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
$626
“Bitcoin is akin to a 'pet rock' because it 'does nothing”
— Jamie Dimon
$42,699
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052
“It’s worse than tulip bulbs … it will be the emperor with no clothes”
— Jamie Dimon
$4,207
“I don’t know where it will end or how it will end, but it will end. And when it ends, it will be ugly because there will be nothing there.”
— Stephen Isaacs
$55,685
“Bitcoin can collapse completely.”
— Agustín Carstens
$34,261
“Bitcoin is casino chips”
— Avery Pennarun
$60,368
“BitCoin looks like it was designed as a weapon intended to damage central banking and money issuing banks, with a Libertarian political agenda in mind—to damage states ability to collect tax and monitor their citizens financial transactions.”
— Paul Krugman
$728
“”
— Jordan Belfort
$6,177
“It's a mirage basically. It's a very effective way of transmitting money and you can do it anonymously and all that. A check is a way of transmitting money too. Are checks worth a whole lot of money just because they can transmit money? I hope bitcoin becomes a better way of doing it but you can replicate it a bunch of different ways. The idea that it has some huge intrinsic value is just a joke in my view.”
— Warren Buffett
$629
“I agree I would short it if there was an easy way to do it.”
— Bill Gates
$8,451
Birds of a Feather
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The Underground Economist (2026). The Underground Economist — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 13, 2026, from https://buttcoiners.love/author/the-underground-economist