“Even the smartest dealmakers in the world have been fooled by hype, and overestimated an asset’s true value. Bitcoin will end up virtually worthless, just like Tumblr, because its true value is next to nothing.”
Ed Butowsky, Financial Advisor / Wealth Manager · Bitcoin since: +700%
A little perspective.
Bitcoin on that day$10,036August 14, 2019
$100 at that price$800.46At 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.
Keep the receipt.
Bitcoin Is Dead. “BTC Value Will Crash 99%” — Ed Butowsky, CCN, August 14, 2019. Bitcoin: $10,036.19. https://bitcoindeaths.com/posts/2019-08-14-btc-value-will-crash-99