{"id":1060133,"date":"2022-02-17T07:48:17","date_gmt":"2022-02-17T12:48:17","guid":{"rendered":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/uncategorized\/is-this-person-who-forecast-that-bitcoin-would-never-cross-3-the-oldest-crypto-bear-ever-benzinga-benzinga\/"},"modified":"2022-02-17T07:48:17","modified_gmt":"2022-02-17T12:48:17","slug":"is-this-person-who-forecast-that-bitcoin-would-never-cross-3-the-oldest-crypto-bear-ever-benzinga-benzinga","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/bitcoin-2\/is-this-person-who-forecast-that-bitcoin-would-never-cross-3-the-oldest-crypto-bear-ever-benzinga-benzinga\/","title":{"rendered":"Is This Person Who Forecast That Bitcoin Would Never Cross $3 The Oldest Crypto Bear Ever? – Benzinga – Benzinga"},"content":{"rendered":"

An on-chain analyst says he might have found the oldest Bitcoin (CRYPTO: BTC) bear ever.<\/p>\n

What Happened: Matthew Hyland, who carries out cryptocurrency technical analysis, tweeted a screenshot from Bitcointalk.org, a Bitcoin forum.<\/p>\n

The screenshot, dating back to Oct. 22, 2011, features a post by Proudhon, who wrote that day were not going to make it beyond $3. Go ahead, watch.<\/p>\n

Proudhon remains active to this day and has a new signature for his current posts which reads, The price of bitcoin can never be sustained over $50k.<\/p>\n

Proudhon has obviously been proven wrong on at least the $3 prediction as Bitcoin is trading at $43,056.25 at the time of writing.<\/p>\n

See Also: How To Buy Bitcoin (BTC)<\/p>\n

Why It Matters: Bitcoin was created by a pseudonymous person who called themselves Satoshi Nakamoto, with the first transaction on the network taking place on Jan. 3, 2009.<\/p>\n

Taking into consideration the date of his post, Proudhon may well have been one of the earliest cryptocurrency bears.<\/p>\n

Hyland shared a response to Proudhon by ShapeShift founder Erik Voorhees, who simply said Fail.<\/p>\n

Hyland speculated on Twitter that perhaps Proudhon was the gold bug and notable Bitcoin bear Peter Schiff.<\/p>\n

It remains to be seen if Proudhons prediction that the price of BTC can never be sustained above $50,000 comes true. The apex coin touched an all-time high of $68,789.63 in November.<\/p>\n

Read Next: Coinbase Aims To Take A Bite Out of $700B US Remittance Market To Let Users In Mexico Cash Out Bitcoin, Ethereum, Dogecoin In Local Currency<\/p>\n

<\/p>\n

Originally posted here:
\nIs This Person Who Forecast That Bitcoin Would Never Cross $3 The Oldest Crypto Bear Ever? - Benzinga - Benzinga<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

An on-chain analyst says he might have found the oldest Bitcoin (CRYPTO: BTC) bear ever. What Happened: Matthew Hyland, who carries out cryptocurrency technical analysis, tweeted a screenshot from Bitcointalk.org, a Bitcoin forum. The screenshot, dating back to Oct. Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[94873],"tags":[],"class_list":["post-1060133","post","type-post","status-publish","format-standard","hentry","category-bitcoin-2"],"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/1060133"}],"collection":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/comments?post=1060133"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/1060133\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/media?parent=1060133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/categories?post=1060133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/tags?post=1060133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}