{"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":"2019-07-15-bitcoin-buyers-are-only-fooling-themselves-again","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":"2019-07-15-bitcoin-buyers-are-only-fooling-themselves-again","title":"Bitcoin Buyers Are Only Fooling Themselves Again","quote":"Who let the fools out? The only plausible explanation was an article written as an April Fool’s joke reporting that the SEC had held an emergency meeting over the weekend and voted to approve two bitcoin-based exchange traded funds (ETFs). For true fools, it hardly mattered what sparked the rally. As long as prices are going up, fools will buy in hopes of selling to greater fools. At some point, the supply of greater fools will dry up and bitcoin’s second bubble will end just like the first.","person":"Gary Smith","jobTitle":"Professor, Pomona College","publication":"MarketWatch","statementDate":"2019-07-15","bitcoinPriceUsd":10842.45,"addedOn":null,"updatedOn":null,"citationUrl":"https://bitcoindeaths.com/posts/2019-07-15-bitcoin-buyers-are-only-fooling-themselves-again","sourceUrl":"https://www.marketwatch.com/story/bitcoin-buyers-are-only-fooling-themselves-again-2019-07-15","archiveUrl":"https://web.archive.org/web/20190715153700/https://www.marketwatch.com/story/bitcoin-buyers-are-only-fooling-themselves-again-2019-07-15"}]}