"Why China Crushed Bitcoin"
BTC_AT_TIME $4,292
Published in Forbes on 2017-09-09, "Why China Crushed Bitcoin" 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 $4,292 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.