"Bitcoin buyers should be prepared to lose all their money, top UK regulator warns"

Published in CNBC on 2017-12-15, "Bitcoin buyers should be prepared to lose all their money, top UK regulator warns" declared Bitcoin dead or fundamentally doomed. The piece argued that regulatory intervention was inevitable and would prove fatal, pointing to government crackdowns or proposed legislation. Bitcoin was trading at $16,548 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.