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ARTICLE

"Nobel-Winning Economist Shiller Calls Bitcoin A Fad"

BTC_AT_TIME $5,754

Published in CNBC on 2017-10-16, "Nobel-Winning Economist Shiller Calls Bitcoin A Fad" 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 $5,754 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.


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