"Bitcoin Is Unreliable And Susceptible To Fraud"
BTC_AT_TIME $5,876
Published in Twitter on 2019-05-04, "Bitcoin Is Unreliable And Susceptible To Fraud" declared Bitcoin dead or fundamentally doomed. The piece characterised Bitcoin as a fraudulent scheme with no underlying value, arguing it would inevitably collapse once new buyers dried up. Bitcoin was trading at $5,876 at the time of publication. Bitcoin briefly surged back to $13,000 before retreating to around $7,000, leaving many skeptics unswayed.