"The Resolution Of The Bitcoin Experiment"
BTC_AT_TIME $407
Published in Medium on 2016-02-14, "The Resolution Of The Bitcoin Experiment" 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 $407 at the time of publication. Bitcoin was staging a gradual recovery, with price action between $400 and $700 through most of the year.