View quotes & posters →
Avery Pennarun
CEO of Tailscale
No bad takes on record — yet. We're keeping score.
They Weren't the Only Ones Wrong
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347at the time
“This is worse than tulip mania. At least then in the end you got a tulip. Now you get nothing.”
— Nout Wellink
$1,151at the time
“I agree I would short it if there was an easy way to do it.”
— Bill Gates
$8,451at the time
“Bitcoin is worthless, artificial gold.”
— Charlie Munger
$9,624at the time
“#Bitcoin is an asset that is extremely volatile, susceptible to fraud, and highly uncertain. What could go wrong? Bitcoin is nothing more than a highly speculative asset with a fundamental value of ZERO.”
— Steve Hanke
$42,205at the time
“There will be a stampede for the exit, the price of bitcoin will drop to its intrinsic value – zero – and the system will collapse. The only question is when.”
— Kevin Dowd
$3,512at the time
“Bitcoin’s fabulous rise ... will eventually end in tears”
— Richard Harris
$4,161at the time
“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
$27,271at the time
“Mr. Bitcoin is about to go down big.”
— Jim Cramer
$26,872at the time
“Bitcoin is a fraud.”
— Jordan Belfort
$4,161at the time
“There is no real demand for bitcoin.”
— Peter Schiff
$26,838at the time
“it's the pursuit of the uneatable by the unspeakable”
— Charlie Munger
$9,819at the time
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347at the time
“This is worse than tulip mania. At least then in the end you got a tulip. Now you get nothing.”
— Nout Wellink
$1,151at the time
“I agree I would short it if there was an easy way to do it.”
— Bill Gates
$8,451at the time
“Bitcoin is worthless, artificial gold.”
— Charlie Munger
$9,624at the time
“#Bitcoin is an asset that is extremely volatile, susceptible to fraud, and highly uncertain. What could go wrong? Bitcoin is nothing more than a highly speculative asset with a fundamental value of ZERO.”
— Steve Hanke
$42,205at the time
“There will be a stampede for the exit, the price of bitcoin will drop to its intrinsic value – zero – and the system will collapse. The only question is when.”
— Kevin Dowd
$3,512at the time
“Bitcoin’s fabulous rise ... will eventually end in tears”
— Richard Harris
$4,161at the time
“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
$27,271at the time
“Mr. Bitcoin is about to go down big.”
— Jim Cramer
$26,872at the time
“Bitcoin is a fraud.”
— Jordan Belfort
$4,161at the time
“There is no real demand for bitcoin.”
— Peter Schiff
$26,838at the time
“it's the pursuit of the uneatable by the unspeakable”
— Charlie Munger
$9,819at the time
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347at the time
“This is worse than tulip mania. At least then in the end you got a tulip. Now you get nothing.”
— Nout Wellink
$1,151at the time
“I agree I would short it if there was an easy way to do it.”
— Bill Gates
$8,451at the time
“Bitcoin is worthless, artificial gold.”
— Charlie Munger
$9,624at the time
“#Bitcoin is an asset that is extremely volatile, susceptible to fraud, and highly uncertain. What could go wrong? Bitcoin is nothing more than a highly speculative asset with a fundamental value of ZERO.”
— Steve Hanke
$42,205at the time
“There will be a stampede for the exit, the price of bitcoin will drop to its intrinsic value – zero – and the system will collapse. The only question is when.”
— Kevin Dowd
$3,512at the time
“Bitcoin’s fabulous rise ... will eventually end in tears”
— Richard Harris
$4,161at the time
“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
$27,271at the time
“Mr. Bitcoin is about to go down big.”
— Jim Cramer
$26,872at the time
“Bitcoin is a fraud.”
— Jordan Belfort
$4,161at the time
“There is no real demand for bitcoin.”
— Peter Schiff
$26,838at the time
“it's the pursuit of the uneatable by the unspeakable”
— Charlie Munger
$9,819at the time
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347at the time
“This is worse than tulip mania. At least then in the end you got a tulip. Now you get nothing.”
— Nout Wellink
$1,151at the time
“I agree I would short it if there was an easy way to do it.”
— Bill Gates
$8,451at the time
“Bitcoin is worthless, artificial gold.”
— Charlie Munger
$9,624at the time
“#Bitcoin is an asset that is extremely volatile, susceptible to fraud, and highly uncertain. What could go wrong? Bitcoin is nothing more than a highly speculative asset with a fundamental value of ZERO.”
— Steve Hanke
$42,205at the time
“There will be a stampede for the exit, the price of bitcoin will drop to its intrinsic value – zero – and the system will collapse. The only question is when.”
— Kevin Dowd
$3,512at the time
“Bitcoin’s fabulous rise ... will eventually end in tears”
— Richard Harris
$4,161at the time
“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
$27,271at the time
“Mr. Bitcoin is about to go down big.”
— Jim Cramer
$26,872at the time
“Bitcoin is a fraud.”
— Jordan Belfort
$4,161at the time
“There is no real demand for bitcoin.”
— Peter Schiff
$26,838at the time
“it's the pursuit of the uneatable by the unspeakable”
— Charlie Munger
$9,819at the time
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
Vivek Wadhwa (2026). Vivek Wadhwa — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 15, 2026, from https://buttcoiners.love/author/vivek-wadhwa