"Morgan Stanley Says The True Price Of Bitcoin Might Be Zero"

Published in Business Insider on 2017-12-25, "Morgan Stanley Says The True Price Of Bitcoin Might Be Zero" declared Bitcoin dead or fundamentally doomed. The piece argued Bitcoin was heading to zero, citing the absence of intrinsic value and the impossibility of sustaining its price without underlying fundamentals. Bitcoin was trading at $13,917 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.