“As I’ve said before, bitcoin is nothing more than a confidence game. It’s worth nothing if people suddenly lose their confidence in this fake digital currency. It’s backed by nothing. It’s the definition of a con. I’ve said the same thing when a bitcoin was selling for $20,000. And still was saying it when it plunged to $4,000. Its real worth: $0.”
John Crudele, Columnist · Bitcoin since: +954%
As published by NYPost
Bitcoin Manipulation Madness Calls For Massive Investigation ↗
A little perspective.
Bitcoin on that day$7,624May 22, 2019
$100 at that price$1,054At our latest price check
Illustrative value using a Bitcoin price of $80,335, checked Oct 29, 2026, 5:44 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
John Crudele appears in 4 recorded obituaries. 40 declarations were recorded in 2019.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin Manipulation Madness Calls For Massive Investigation” — John Crudele, NYPost, May 22, 2019. Bitcoin: $7,623.51. https://bitcoindeaths.com/posts/2019-05-22-bitcoin-manipulation-madness-calls-for-massive-investigation