"Bitcoin, The Biggest Bubble In History, Is Popping"

Published in Bloomberg on 2018-04-09, "Bitcoin, The Biggest Bubble In History, Is Popping" 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 $6,774 at the time of publication. Bitcoin crashed more than 80% from its late 2017 peak, with critics pointing to the burst of the speculative bubble.