"Why bitcoin’s success could be its downfall"
BTC_AT_TIME $14,595
Published in Washington Post on 2017-12-11, "Why bitcoin’s success could be its downfall" declared Bitcoin dead or fundamentally doomed. The piece argued the price crash represented not a temporary correction but a structural collapse, pointing to deteriorating fundamentals and fading institutional interest. Bitcoin was trading at $14,595 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.