"None More Foolish Than What’s Being Said To Rationalize The Bitcoin Bubble"
BTC_AT_TIME $11,042
Published in Twitter on 2019-06-24, "None More Foolish Than What’s Being Said To Rationalize The Bitcoin Bubble" 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 $11,042 at the time of publication. Bitcoin briefly surged back to $13,000 before retreating to around $7,000, leaving many skeptics unswayed.