"Cryptocurrencies are Dead"

Published in Medium on 2016-09-16, "Cryptocurrencies are Dead" declared Bitcoin dead or fundamentally doomed. The piece declared Bitcoin definitively dead, arguing the network had passed an inflection point from which no recovery was possible. Bitcoin was trading at $606 at the time of publication. Bitcoin was staging a gradual recovery, with price action between $400 and $700 through most of the year.