"We Need To Consider The Distinct Possibility That Bitcoin Is Dying"

Published in Internet Archive on 2014-10-04, "We Need To Consider The Distinct Possibility That Bitcoin Is Dying" declared Bitcoin dead or fundamentally doomed. The piece declared Bitcoin definitively dead, arguing the network had passed an inflection point from which no recovery was possible. Bitcoin was trading at $325 at the time of publication. Bitcoin was in a sustained bear market following the Mt. Gox exchange collapse, which erased $400 million in customer funds.