May 20, according to foreign media reports, as the price of Bitcoin plummeted to $30, 000, mainstream media began to report the market crash, once again declaring that Bitcoin is dead. According to 99 BITCOINS’s Bitcoin Obituaries (Bitcoin obituary file), Bitcoin has been terminated more than 400 times in the 12 years since its birth. That number is still increasing after yesterday’s market crash.

The interesting Bitcoin obituary documents everything from calling Bitcoin the biggest Ponzi scheme in history to comparing it to Tai Fu Weng coin. And more than 1/4 of the records are related to the Bitcoin bull market in 2017 and the crash that followed.

Although negative reports about Bitcoin mainly occur when prices collapse, Bitcoin obituary data show that such reports are not uncommon while the market is still growing. Critics of Bitcoin can’t get around these points, such as the price volatility of Bitcoin, the mystery of its creator, Satoshi Nakamoto, and its decentralized structure, which makes Bitcoin easy to use in illegal transactions. all these make Bitcoin easy to make headlines. Not to mention the widespread price drop. Bitcoin is once again the target of bombardment.

But despite the market slump, there are still some experts who believe the stock market will rebound. Yesterday, Charlie Burton, a British financial expert, and Micha ë l van de Poppe, a Dutch financial expert, both replied live that today’s market turmoil is not the end of the bull market cycle.

At first, Bitcoin’s vision was to bring financial freedom to the world. Even now, it can also bring benefits to people in economically underdeveloped areas, and it can only be said to be used more as a speculative tool. The stock market is risky and investment needs to be cautious. This sentence can also be applied to cryptocurrencies, but what is wrong with them?