"Greenspan Says Bitcoin a Bubble Without Intrinsic Currency Value"

Published in Bloomberg on 2013-12-04, "Greenspan Says Bitcoin a Bubble Without Intrinsic Currency Value" declared Bitcoin dead or fundamentally doomed. The piece drew parallels to historical speculative manias, arguing that Bitcoin's price was entirely disconnected from any fundamental value. Bitcoin was trading at $1,147 at the time of publication. Bitcoin saw explosive growth from $13 to over $1,000, driven by the Cyprus banking crisis and speculative interest.