Tag Archives: Nouriel Roubini

Bitcoin has always had its naysayers. From the day it was born in January of 2009, some people have refused to become BTC believers, one of which is Nouriel Roubini – playfully known as “Dr. Doom” for his angry and negative sentiment towards bitcoin. Nouriel Roubini Still Hates BTC As the largest cryptocurrency in the world, bitcoin has garnered quite a few fans over the past 12 years, but Roubini is not feeling the love that others are experiencing, and today is no...

The journey bitcoin has taken has featured both ups and downs. Right now, the currency has been doing better than it ever has, having hit a new all-time high of roughly $57,000 per unit on February 21. This clearly outdoes the $19,000+ it reached in December more than three years ago. Bitcoin Is Stronger Than Ever However, it would be wrong to say that the currency isn’t still suffering a bit at the time of writing, as the asset is now trading for a mere $48,000, which...

It has become clear that no matter how well bitcoin does, now matter how far it goes or how high its price spikes, there will always be doubters. Nouriel Roubini – often called “Dr. Doom” thanks to his gloomy ideas surrounding the future of crypto – is proof of this.Nouriel Roubini Is Back to His Negative WaysThe recent purchase of approximately $1.5 billion worth of bitcoin by leading car company Tesla has got everyone talking. Traders believe that the move is likely to set bitcoin on an...

Some are predicting that the current bull run enjoyed by bitcoin will last through the end of 2021 and see the asset reaching $50,000 within that time.Bitcoin Is on a Serious Run, But Not Everyone Is ConvincedAs it stands, bitcoin has managed to maintain its present position above $19,000 for a few weeks, now. The currency even temporarily moved beyond its all-time high and set a record for itself, which has caused many to think that anywhere between $20K and $25K could potentially be reached...

What’s going on with Bitcoin? After triggering everyone’s bullish mood, Satoshi Nakamoto’s creation experienced one of the worst crashes of the year, as if some divine providence was telling traders to take it easy.Analyses are contradictory, but some experts claim that this contradiction happens because there is no real substance to study, and investing in crypto could be dangerously close to gambling territory.BTC Trader = LoserMark Mobius is one of the experts who support this thesis. The...

Many people have been switching their stances on bitcoin as of late. The currency has done so well this year and come so far that many naysayers have suddenly turned into big fans, and it looks like another one has been turned. The person who is suddenly pushing bitcoin is an economist named Nouriel Roubini, who in the past, has been rather unkind to the asset.Roubini: Maybe BTC Isn’t So BadBitcoin has more than tripled since March. At the time, the asset had fallen below the $4,000 mark,...

Popular American economist Nouriel Roubini took it to Twitter to once again bash Bitcoin. This time, his criticism was set off by a phishing scam that saw a podcast owner lose his BTC savings.Nouriel Roubini Bashes Bitcoin… AgainAccording to the popular American economist and well-known nocoiner Nouriel Roubini, also commonly referred to as “Dr. Doom” by the crypto community, billions are lost every day to “scams and crypto robberies.”He asserted that there is “zero security” in the...

Altcoins have experienced an increase together with Bitcoin. Ethereum has managed to gain around 14% within 24 hours. Now ETH price is around $175.We have been used to Bitcoin already traditionally leading the crypto market. However, it seems that the most popular altcoin is slowly but surely taking the lead. Ethereum price is rising by exquisite pace since Monday’s candle open at $142, the second-largest digital asset has rocketed 13.85% higher, reaching $175.13 just minutes ago as of the...

NYU economics professor Nouriel Roubini attacked federal stimulus legislation Sunday as a light on aid for workers. His remarks echo the response from several prominent Democrats, including Sen. Bernie Sanders, who is running for president in the Democratic primary, and Senate Minority Leader Chuck Schumer. Likewise, House Speaker Nancy Pelosi had objections to the Senate GOP’s fiscal stimulus bill:We are beginning to review Senator McConnell’s proposal and on first reading, it is not at all...

The cryptocurrency market tumbled over the weekend, and it brought a wave of familiar negative voices. The two famous American economists, Nouriel Roubini and Peter Schiff, quickly took the opportunity to bash Bitcoin for not being a proper hedge during the current economic turmoil.Dr. Doom Against BitcoinWith the rising impact of the coronavirus and the recent Oil Price War, the financial markets plummeted. The cryptocurrency market also dropped severely. Bitcoin, the leading digital asset...