U.Today is supported by its audience. When you buy through referral links, we may earn a commission.

Bitcoin Has One Day Left Until Fatal Flaw Destroys It, According to Craig Wright's Prediction

Mon, 12/30/2019 - 18:50
Alex Dovbnya
In 2018, Craig Wright brazenly predicted that Bitcoin (BTC) could be ultimately destroyed in 2019 due to a "fatal flaw." He has one day left
Cover image via U.Today

During one of his anti-Bitcoin tirades, nChain scientist Craig Wright, who claims to be the man behind the Satoshi Nakamoto pseudonym, made a bold prediction that BTC would go down in flames the following year due to a fatal flaw in its code. 

"...they will learn next year that there is a fatal flaw in BTC and by fatal I mean there won't be any BTC by the end of next year."

As expected, this was nothing more than fearmongering from the self-proclaimed Satoshi Nakamoto. Bitcoin is still alive and well at the end of 2019 as its network continues to grow stronger. 

Bitcoin Price Isn't Going to $20,000 or $100,000. Tether Isn't Going to Pump Anymore: Craig Wright

Wright will also have to eat his words one more time unless the price of his beloved Bitcoin SV (BSV) fork touches $1,200 by the end of the year. Wright stated that there was a 97.8 percent chance that such an outlandish price forecast would come to fruition. 

Considering that BSV is currenlty changing hands at $97.29, it would take a mammoth-size 1,137 percent price increase to propel it to Wright's target by the end of this year.  

The Origin of "Satoshi Nakamoto" Pseudonym Revealed by Craig Wright: Document

Meanwhile, BTC, which was predicted to go back to $0.10 by Wright, is still up by more than 95 percent this year, currently sitting at $7,252

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

Top 10 Best Cloud Mining Sites in 2020
TOP 20 Best Bitcoin Trading Bots in 2020
Silk Road Founder Shares Update from Prison Amidst COVID-19 Pandemic
Famous British Rapper Explains Why Bitcoin Haters Will Buy BTC at $20,000
Mike Novogratz Says Bitcoin and Gold Are 'Easiest Trades,' Reveals His Favorite Stock