"Bitcoin Becomes A Story Of Boom And Bust"

Published in Bloomberg on 2018-11-30, "Bitcoin Becomes A Story Of Boom And Bust" declared Bitcoin dead or fundamentally doomed. The piece argued that Bitcoin's fundamental flaws — including volatility, scalability limitations, and lack of intrinsic value — made long-term survival unlikely. Bitcoin was trading at $3,992 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.