"Bitcoin Is a Victim of Disinflation"

Published in New York Times on 2015-01-16, "Bitcoin Is a Victim of Disinflation" declared Bitcoin dead or fundamentally doomed. The piece argued that Bitcoin's fundamental flaws — including volatility, scalability limitations, and lack of intrinsic value — made long-term survival unlikely. Bitcoin was trading at $208 at the time of publication. Bitcoin continued to slide in a prolonged bear market, trading between $200 and $300 with waning media coverage.