Since 2010, bitcoin has died 377 times at the hands of experts and popular media outlets. At the height of the bear market in 2018, bitcoin was declared dead a total of 90 times. We are hurtling towards the end of 2019 and bitcoin is doing so well that it managed to carve a niche in today’s financial system. We talked to crypto traders, blockchain executives and researchers and they all agree that the cryptocurrency offers a strong value proposition. This unique quality enables the digital coin to overcome a number of its shortcomings.
Since its inception in 2009, the king of cryptocurrencies has grown by nearly 164,000%. This is why distributed ledger technology (DLT) expert The Crypto Oracle was certain that bitcoin has proven itself as a solid store of value.