As the elevation-rated cryptocurrency by marketplace cap Bitcoin (BTC) pushes onwards towards $10,000, it continues to prove incorrect those naysayers who have falsely proclaimed its imminent demise.

In fact, as pointed out in a May 8 tweet from the CEO of CoinCorner exchange, Danny Scott, the first website to declare Bitcoin dead back in 2022 no longer exists.

Bitcoin defies naysayers for over a decade

In the beginning, there was Bitcoin. Then followed a seemingly endless stream of entities queuing upwards to proclaim it dead, or worthless, or "a scam", or even "rat toxicant squared".

Unfortunately for all of those naysayers, Bitcoin is even so live, kicking and stronger than always as information technology approaches its 3rd halving event.

According to the Bitcoin Obituary folio, Bitcoin has been proclaimed expressionless 380 times since it came into existence in 2008. The first of these was on Dec. 15, 2022, when BTC price was just $0.23, and The Underground Economist published an commodity titled "Why Bitcoin can't be a currency."

Thankfully, the Wayback Machine has an annal of this article, because The Hush-hush Economist website is unfortunately no longer with us.

Owwww, oh, oh, I'1000 still live

In many ways, the commodity is quite prescient for its time, entertaining the possibility that:

People won't be spending their Bitcoin anyway because they're making and so much money just by holding it.

However, information technology also predicted that when people started taking their profits information technology would propel Bitcoin into a death-spiral. After all:

The supply of Bitcoin is fixed and there is no other use for it also as a currency. I doubt prices will take much of a hazard to rise, since this will happen so fast.

It concluded that Bitcoin had been purely riding on its novelty value. Although if right, that would make it still a novelty today.

the only matter that's fifty-fifty kept Bitcoin alive this long is its novelty. Either it will remain a novelty forever or it will transition from novelty status to dead faster than yous can glimmer.

Ooops. As Scott says in his tweet, "Don't dismiss the honey badger."