“Unless Bitcoin is able to become more efficient at mining, and more stable overall, it is likely to die. These higher mining costs and the fact that more retailers are failing to accept bitcoin as payment – as they are unable to convert it as it is too expensive – will mean the end of it.”
Joseph Carson, Chief Security Scientist, Thycotic Software · Bitcoin since: +1,183%
A little perspective.
Bitcoin on that day$6,246July 12, 2018
$100 at that price$1,283At our latest price check
Illustrative value using a Bitcoin price of $80,106, checked Oct 29, 2026, 12:26 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin Will Die” — Joseph Carson, CoinGape, July 12, 2018. Bitcoin: $6,245.63. https://bitcoindeaths.com/posts/2018-07-12-bitcoin-will-die