Once again we have ill founded forecasts of the demise of Bitcoin. Bitcoin is up again today and is still trading at around 6 times it's price at the beginning of 2017. One must ask what is the motivation behind these scare stories-do they engage in short selling? and as a result hope to profit from a decline in Bitcoins price.
From the speculation of people, Bitcoin would have died a lot of times but it seems there's no way to stop it and it has always been able to rise above whatever gets thrown at it.