"Bitcoin’s Rallying Again—But Isn’t Getting Much Attention Anymore"
BTC_AT_TIME $640
Published in Wall Street Journal on 2016-07-07, "Bitcoin’s Rallying Again—But Isn’t Getting Much Attention Anymore" 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 $640 at the time of publication. Bitcoin was staging a gradual recovery, with price action between $400 and $700 through most of the year.