{"name":"Bitcoin Is Dead","attribution":"Source: Bitcoin Is Dead (https://bitcoindeaths.com)","totalObituaries":482,"matched":1,"returned":1,"query":{"search":"","year":"","person":"","publication":"","sort":"newest","slug":"2018-12-10-how-low-will-bitcoin-now-go","limit":5},"notes":"statementDate is the original publication date; addedOn is when the record entered this archive. Historical prices are USD snapshots, not investment returns. Inclusion records criticism, not a verdict that every claim is false.","terms":"https://bitcoindeaths.com/terms","documentation":"https://bitcoindeaths.com/data#lookup","records":[{"slug":"2018-12-10-how-low-will-bitcoin-now-go","title":"How Low Will Bitcoin Now Go?","quote":"Bitcoin also fails to meet the criteria of a currency. Its the price movements are too volatile to be a unit of account. The transaction capacity of the Blockchain is too limited for it to be a medium of exchange. Nor does it appear to be a good store of value. Since it produces no income, has limited scarcity value, and few people are willing to use Bitcoin as currency, it is even possible that Bitcoin has no intrinsic value.","person":"Lee Smales","jobTitle":"Professor, University of Western Australia","publication":"The Conversation","statementDate":"2018-12-10","bitcoinPriceUsd":3447.35,"addedOn":null,"updatedOn":null,"citationUrl":"https://bitcoindeaths.com/posts/2018-12-10-how-low-will-bitcoin-now-go","sourceUrl":"https://theconversation.com/how-low-will-bitcoin-now-go-the-history-of-price-bubbles-provides-some-clues-107596","archiveUrl":"https://web.archive.org/web/20181210170013/http://theconversation.com/how-low-will-bitcoin-now-go-the-history-of-price-bubbles-provides-some-clues-107596"}]}