"Dump your Bitcoin before the whole Ponzi collapses into dust. Anyone paying attention knows how worthless and un-sustainable this market is. The “long-term holders” and maxis have already cashed out big, data proves they’re pocketing more this cycle than any prior cycle. When this bubble bursts, we will never see all-time highs again. The crushing sell pressure screaming through the market is a dead giveaway: we’re at the very peak. Don’t say I didn’t warn you."

"I was far too optimistic about the US coming to its senses about sensible cryptocurrency regulation; why would policymakers want to facilitate tax evasion and illegal activities? Second, I did not appreciate how Bitcoin would compete with fiat currencies to serve as the transactions medium of choice in the twenty-trillion dollar global underground economy. This demand puts a floor on its price, as I discuss at length in my new book Our Dollar, Your Problem. Third, I did not anticipate a situation where regulators, and especially the regulator in chief, would be able to brazenly hold hundreds of millions (if not billions) of dollars in cryptocurrencies seemingly without consequence given the blatant conflict of interest."

"BTC will collapse between 7 to 11 years from now! First, the mining industry will fall, as the security budget shrinks. Then the network will be attacked (censorship & 51% attacks). Core will then have to increase inflation beyond 21M, splitting the chain & that will be the end!"

"Ethereum may arrive at an economic system that favors its tokenholders more than Bitcoin’s. Ethereum, who turned 10 years old on July 30th, 2025, began with much higher inflation than BTC’s, 14.4% vs. 9.3%. However, Ethereum made two major economic policy changes that set it upon the path towards a lower inflation rate than that of Bitcoin. The first adjustment was EIP 1559 which was instituted in August 2021 and created the “burn” of ETH base transaction fees. The consequence of this change is that increases in Ethereum activity cause the total amount of ETH supply to decrease."

"There is a huge difference between a store of value like gold and a highly speculative digital token like Bitcoin, which has no real value to store. Yes, the price of Bitcoin went way up, but prior speculative gains don't qualify Bitcoin as a store of value for current buyers."

"At present, there is no legitimate use case for Bitcoin. Even if there is, 99% of holders don’t understand it and are holding as a pure speculative play. Making it still, even at $118k, susceptible to a spectacular collapse under the right circumstances."

"Bitcoin’s entire value is propped up by 2 things: Tether manipulation and pure speculative gambling. It’ll collapse just as fast as it pumped. I like to call it a giant game of musical chairs. When the music stops, 99% will be left standing. Unrealized gains aren’t profits. Saylor, El Salvador — they’re in too deep. Don’t follow them. Sell while you still can."

"Bitcoin will fall to 0 in 5 to 8 years."

"Exchanges will freeze withdrawals. The media will scream crisis. Tether will come under federal raids. Bitcoin will plummet. Its true value? Far below $10,000. In fact, anyone reading this, I guarantee there’s a 99% chance it will dive far beneath that mark. Unlike Bitcoin maximalists clinging to wishful thinking and the “greater fool” theory, I’ve done the actual research. I used to be a massive Bitcoin bull and profited from its historic rise—but I also did my research and woke up to the truth. This is all a ticking time bomb. This collapse isn’t just a possibility. It’s an inevitability. And those who ignore this warning will pay the price — because when the house falls, there won’t be any floors left to catch you."

"Bitcoin was born out of the financial crisis of 2008. Ironically, the financial crisis of 2025 will kill it."

"I could go over the various ways that Bitcoin is bad at being money— how it sucks for transactions, has an associated serious risk of scammers and hackers, and is wildly volatile — but the fact that it’s been used primarily for speculation I think makes the case for me. The many people who’ve sent the value of Bitcoin up aren’t viewing it as the technology or money of the future, they just like Number Go Up. Well, now Number is Going Down."

"I think it has to be payments for it to be relevant on the every day. Otherwise, it’s just something you kind of buy and forget and only use in emergency situations or when you want to get liquid again. So I think if it doesn’t transition to payments and find that everyday use case, it just gets increasingly irrelevant. And that’s failure to me."

"Canadian billionaire Frank Giustra has joined critics, urging Bitcoin advocates to abandon the digital gold narrative. He argues that Bitcoin behaves more like a speculative asset than a store of value, especially during turbulent market periods."

"The striking parallels between Bitcoin and MBS suggest that history may be repeating itself. In fact, the negative consequences of the analogy of Bitcoin to gold might be even more severe than the analogy of MBS to bonds. While most MBS at the end of the day were backed by real assets — mortgages on real houses — Bitcoin is not backed by any real assets. If you are not in the business of speculation, steering clear of investing in Bitcoin — or for that matter any cryptocurrency — may be the best way to avoid the fallout from another misguided analogy."

"We’ll have to wait and see what happens in the coming months and years, but for now, markets are spooked, and they have resoundingly rejected BTC and embraced gold as the store of value of choice. It’s time to kill the BTC = SOV narrative and return to the original purpose of Bitcoin: small, casual payments at scale!"

"Btc has no value. In the best light it’s insurance. Based on my lifetime priors there is a 1% chance a superpower will collapse any given year. It’s worth it for me to spend 1% of my wealth on some asset that might not go to zero in that environment. It’s not an investment, it’s a cost, and there is no guarantee it will work. It’s as good at doing that at $100k as it is at $10k. If it works, it has very little to do with technology outside of the initial innovation that happened 15 years ago."

"It is going to hurt a lot of people. I hope I am not one of them. I hope you are not one of them. I do not see any reality to the movement. In my view, it is a bubble, and it will blow up someday."

"Cryptocurrencies are such a puzzle because they violate all the rules of a medium of exchange. They don’t have a stable real value. You know, they have highly variable real value. That kind of medium of exchange is not supposed to survive."

"It's not backed by energy. Energy is used to create Bitcoin, but that energy is gone after Bitcoin is created. If you own Bitcoin you do not own any stored energy that can be released. Bitcoin is not a battery."

"There’s no fundamental trend for crypto because I don’t know what the fundamentals are, but there is a price trend."