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Warren Buffet & Now Nouriel Roubini says Bitcoin price will crash to zero

Right after the Mr. Warren buffet, Nouriel Roubini also says that bitcoin price will crash to zero. Mr. Roubini the famous Economists is also known as “Dr Doom”. He tweeted many post related to bitcoin and called the biggest bubble in human history.

Roubini also used the term HODL , which is wrong in spelling and right word is hold. It originated in online forum when someone misspelled the word from hold to hodl. It became very popular and used in cryptomarket for holding rather then selling.

Dr Doom also said that the price can fell below 70% from its peak. This is not the first time, a lot of popular economists and investors warned regarding cryptocurrency. Warren Buffet said on crypto that, crypto has a bad ending. Some experts are also claiming that this is right.

Due to great number of FUD from November to this time, prices are going down day by day. Also the biggest news of stolen crypto by hackers effected the importance of virtual currency.

Not over there, also some reviews given by famous personlaities at different stages like;

I think the internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing but that will soon be developed is a reliable e-cash.”

– Professor Milton Friedman, a Nobel Prize winner in economics

“The swarm is headed towards us”

– Satoshi Nakamoto, when WikiLeaks started accepting Bitcoin donation

“Bitcoin seems to be a very promising idea. I like the idea of basing security on the assumption that the CPU power of honest participants outweighs that of the attacker. It is a very modern notion that exploits the power of the long tail.”

Hal Finney

“Bitcoin enables certain uses that are very unique. I think it offers possibilities that no other currency allows. For example the ability to spend a coin that only occurs when two separate parties agree to spend the coin; with a third party that couldn’t run away with the coin itself.”

– Pieter Wuille

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One comment

  1. hodl = Hold On for Dear Life

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