"Performing An Autopsy On The Bitcoin"
BTC_AT_TIME $412
Published in The Street on 2016-03-08, "Performing An Autopsy On The Bitcoin" 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 $412 at the time of publication. Bitcoin was staging a gradual recovery, with price action between $400 and $700 through most of the year.