"Is Bitcoin Doomed?"
BTC_AT_TIME $635
Published in Newsweek on 2016-10-12, "Is Bitcoin Doomed?" 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 $635 at the time of publication. Bitcoin was staging a gradual recovery, with price action between $400 and $700 through most of the year.