"Cryptocurrency"
BTC_AT_TIME $3,378
Published in GoldMoney on 2017-08-10, "Cryptocurrency" declared Bitcoin dead or fundamentally doomed. The piece argued that Bitcoin failed as a functional currency due to extreme price volatility, slow transaction speeds, and limited merchant acceptance. Bitcoin was trading at $3,348 at the time of publication. Bitcoin was in the midst of an extraordinary bull run, rising from $1,000 to nearly $20,000 by December.