“As history has proven on multiple occasions, most bubbles end with the majority of investors losing massive amounts of money as they hold and hope for the bubble to reflate. Regrettably, after bubbles pop, they can take decades to recover and “take out” the bubble price high, or, worst-case scenario, disappear. I think bitcoin will be a worst-case scenario situation.”
Ivan Martchev, Investment Strategist · Bitcoin since: +1,752%
As published by MarketWatch
A little perspective.
Bitcoin on that day$4,414November 20, 2018
$100 at that price$1,852At our latest price check
Illustrative value using a Bitcoin price of $81,765, checked Oct 29, 2026, 4:09 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Victims Of Bitcoin Insanity Are Quickly Piling Up” — Ivan Martchev, MarketWatch, November 20, 2018. Bitcoin: $4,413.8. https://bitcoindeaths.com/posts/2018-11-20-victims-of-bitcoin-insanity-are-quickly-piling-up