"Bitcoin Is (Nearly) All Dead"
BTC_AT_TIME $319
Published in Acton on 2014-12-17, "Bitcoin Is (Nearly) All Dead" 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 $319 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.