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Bitcoin is headed for “a bloodbath” according to Nouriel Roubini

Exacerbated hatred – At this level it is no longer criticism, it is pure and simple hatred. The fatal « Doctor Doom »nickname of Nouriel Roubiniloves to predict the economic apocalypse the final for decades. Is it because so far he’s been wrong that he’s getting angrier and angrier? In any case, our economist likes to let off steam bitcoins (BTC) and cryptocurrencies. This December 1, he also promises them Death, like the European Central Bank a day before.

Nouriel Roubini likes percentages from the hat

The detractors of bitcoins and cryptocurrencies feast on the fall of FTP extension. Although this actor centralized he committed more very classic scamsNot to say common in traditional finance, this is the perfect opportunity to throw the crypto babies out with the bathwater of this blatant scam of Sam Bankman-Fried (SBB).

And Nouriel Roubini loves to preach the total destruction of the world economy, much prefers to insult the… yet small – cryptocurrency market. For him, for example, the possible collapse of the mega-bank Swiss credit would be “very exaggerated”. This in spite of the almost -60% for his action, and his Loss of $1.6 billion.

On the other hand, when it comes to cryptocurrencies, the prince of bears (bears) let go frankly. It offers us a statistical hats off, arguing that «97%» crypto projects would be “cheats”. Accompanied by cookie cutter statements that he has the secret of.

“Lavish spending is the norm in all cryptocurrency projects. 97% of the 20,000 ICOs were rip-offs and/or failed. The billions raised were mainly used to buy villas, boats and planes in the Caribbean/Florida and to pay for $500,000 champagne parties in Miami strip clubs, “massages” and to evade taxes in Puerto Rico/Caribbean. »

Twitter account @Nouriel

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Doctor Doom predicts a “bloodbath” for Bitcoin cryptocurrencies

Our forecast specialist economic crises (which sooner or later end up arriving, by their very nature cycles financial) did not stop at dishonest generalization over. the next day, rebel on his account Chirping!

This time Roubini promises us outright “extinction” cryptocurrencies. ” Much “ of crypto-companies dedicated to doing failure is an understatement for him, which would undoubtedly rather than ” all “ fail in his dreams (sorry, his visions).

” ” Much ” [vont faire faillite] that’s an understatement. They are all on the path to total extinction. The bloodbath has just begun. (…)”

Nouriel Roubini sees the death of all cryptocurrencies.
Twitter account @Nouriel

What a man brimming with optimism and benevolence of this Nouriel Roubini. It’s just a little reminiscent of an old commercial for a soft drink with orange pulp, where we wondered Why the character was “so bad”. Maybe because of his predictions about Cryptos death they have not yet been made since at least 2018 ? Sorry, Roubini’s anti-crypto reviews are definitely by much earlier that, but we don’t have an article older than that (he was already spitting percentages out of his hat, you’ll notice).

Bitcoin is tough and resilient. Tomorrow or sometime soon, you’ll be glad you bought some during the crisis. And on Binance, buying it during the World Cup can pay off big time! During the competition, the platform distributes $1 million to the best tipsters! Run to register on BinanceTHE absolute benchmark for cryptocurrency exchanges (trade link).

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