"Economist Nouriel Roubini says Bitcoin is a gigantic speculative bubble"
BTC_AT_TIME $7,143
Published in Business Insider on 2017-11-08, "Economist Nouriel Roubini says Bitcoin is a gigantic speculative 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 $7,143 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.