"Bitcoin Bear Peter Schiff Doubles Down: Even At $4,000 It's Still A Bubble"

Published in CoinDesk on 2017-08-17, "Bitcoin Bear Peter Schiff Doubles Down: Even At $4,000 It's Still A Bubble" declared Bitcoin dead or fundamentally doomed. The piece drew parallels to historical speculative manias, arguing that Bitcoin's price was entirely disconnected from any fundamental value. Bitcoin was trading at $4,316 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.