"Bitcoin Is Dead, Long Live the Blockchain"
BTC_AT_TIME $398
Published in The Street on 2016-01-21, "Bitcoin Is Dead, Long Live the Blockchain" declared Bitcoin dead or fundamentally doomed. The piece dismissed Bitcoin while acknowledging blockchain technology, arguing the underlying network was the real innovation and Bitcoin itself was dispensable. Bitcoin was trading at $398 at the time of publication. Bitcoin was staging a gradual recovery, with price action between $400 and $700 through most of the year.