“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.”
Jacob King, CEO, WhaleWire · Bitcoin since: -24%
As published by WhaleWire
A little perspective.
Bitcoin on that day$106,797June 16, 2025
$100 at that price$76.23At our latest price check
Illustrative value using a Bitcoin price of $81,408, checked Oct 29, 2026, 4:47 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Jacob King appears in 5 recorded obituaries. 34 declarations were recorded in 2025.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin: The Greatest Scam Never Told” — Jacob King, WhaleWire, June 16, 2025. Bitcoin: $106,796.76. https://bitcoindeaths.com/posts/2025-06-16-bitcoin-the-greatest-scam-never-told