3 wrong calls across 5 years of denial. 3 framed for posterity. No signs of stopping.
The Greatest Misses
“Bitcoin is not real money... it's speculation.”
$3,686·
“Bitcoin is not real money... it's speculation.”
$3,686·
They Weren't the Only Ones Wrong
“I think the promise of decentralized finance using blockchain technologies is a real one, but Bitcoin itself may not last much longer.”
— Eswar Prasad
$46,180
“Bitcoin is a pure Ponzi. Its a pyramid.”
— Peter Schiff
$26,838
“Bitcoin is a fraud.”
— Jordan Belfort
$4,161
“With Bitcoin, there's no thing that backs it up. It's just belief.”
— Elizabeth Warren
$28,188
“You really have to stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven't been able to do it. But if you ask me, 'Is this a bubble in Bitcoin?' 'Yeah, it's a bubble.'”
— Alan Greenspan
$1,151
“Bitcoin is probably rat poison squared.”
— Warren Buffett
$9,819
“In my life, I try and avoid things that are stupid and evil and make me look bad in comparison to somebody else – and bitcoin does all three”
— Charlie Munger
$37,649
“(...) Bitcoin is dead.”
— Rafi Farber
$61,322
“This is a speculative frenzy. Right now, this is a bubble. It's a cult. When you're in it, obviously you need more people to believe in it, because the price can only go up if other people buy in. In that sense it's a natural Ponzi scheme – a lot of it is just plain greed.”
— Peter Schiff
$4,350
“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
“Bitcoin has no real value.”
— Jim Cramer
$20,175
“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
“I think the promise of decentralized finance using blockchain technologies is a real one, but Bitcoin itself may not last much longer.”
— Eswar Prasad
$46,180
“Bitcoin is a pure Ponzi. Its a pyramid.”
— Peter Schiff
$26,838
“Bitcoin is a fraud.”
— Jordan Belfort
$4,161
“With Bitcoin, there's no thing that backs it up. It's just belief.”
— Elizabeth Warren
$28,188
“You really have to stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven't been able to do it. But if you ask me, 'Is this a bubble in Bitcoin?' 'Yeah, it's a bubble.'”
— Alan Greenspan
$1,151
“Bitcoin is probably rat poison squared.”
— Warren Buffett
$9,819
“In my life, I try and avoid things that are stupid and evil and make me look bad in comparison to somebody else – and bitcoin does all three”
— Charlie Munger
$37,649
“(...) Bitcoin is dead.”
— Rafi Farber
$61,322
“This is a speculative frenzy. Right now, this is a bubble. It's a cult. When you're in it, obviously you need more people to believe in it, because the price can only go up if other people buy in. In that sense it's a natural Ponzi scheme – a lot of it is just plain greed.”
— Peter Schiff
$4,350
“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
“Bitcoin has no real value.”
— Jim Cramer
$20,175
“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
“I think the promise of decentralized finance using blockchain technologies is a real one, but Bitcoin itself may not last much longer.”
— Eswar Prasad
$46,180
“Bitcoin is a pure Ponzi. Its a pyramid.”
— Peter Schiff
$26,838
“Bitcoin is a fraud.”
— Jordan Belfort
$4,161
“With Bitcoin, there's no thing that backs it up. It's just belief.”
— Elizabeth Warren
$28,188
“You really have to stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven't been able to do it. But if you ask me, 'Is this a bubble in Bitcoin?' 'Yeah, it's a bubble.'”
— Alan Greenspan
$1,151
“Bitcoin is probably rat poison squared.”
— Warren Buffett
$9,819
“In my life, I try and avoid things that are stupid and evil and make me look bad in comparison to somebody else – and bitcoin does all three”
— Charlie Munger
$37,649
“(...) Bitcoin is dead.”
— Rafi Farber
$61,322
“This is a speculative frenzy. Right now, this is a bubble. It's a cult. When you're in it, obviously you need more people to believe in it, because the price can only go up if other people buy in. In that sense it's a natural Ponzi scheme – a lot of it is just plain greed.”
— Peter Schiff
$4,350
“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
“Bitcoin has no real value.”
— Jim Cramer
$20,175
“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
“I think the promise of decentralized finance using blockchain technologies is a real one, but Bitcoin itself may not last much longer.”
— Eswar Prasad
$46,180
“Bitcoin is a pure Ponzi. Its a pyramid.”
— Peter Schiff
$26,838
“Bitcoin is a fraud.”
— Jordan Belfort
$4,161
“With Bitcoin, there's no thing that backs it up. It's just belief.”
— Elizabeth Warren
$28,188
“You really have to stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven't been able to do it. But if you ask me, 'Is this a bubble in Bitcoin?' 'Yeah, it's a bubble.'”
— Alan Greenspan
$1,151
“Bitcoin is probably rat poison squared.”
— Warren Buffett
$9,819
“In my life, I try and avoid things that are stupid and evil and make me look bad in comparison to somebody else – and bitcoin does all three”
— Charlie Munger
$37,649
“(...) Bitcoin is dead.”
— Rafi Farber
$61,322
“This is a speculative frenzy. Right now, this is a bubble. It's a cult. When you're in it, obviously you need more people to believe in it, because the price can only go up if other people buy in. In that sense it's a natural Ponzi scheme – a lot of it is just plain greed.”
— Peter Schiff
$4,350
“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
“Bitcoin has no real value.”
— Jim Cramer
$20,175
“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
Birds of a Feather
Same energy, same bad takes.
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Cite this page— APA, MLA, Chicago, BibTeX
Vítor Constâncio (2026). Vítor Constâncio — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 13, 2026, from https://buttcoiners.love/author/vtor-constncio