“The price of Bitcoin is totally manipulated by a bunch of people, by a bunch of whales. It doesn’t have any fundamental value,” he said. “We’re close to the point where the hyperbolic bubble is going to go bust.”
Nouriel Roubini, Economist and Professor, NYU · Bitcoin since: +220%
As published by Yahoo
A little perspective.
Bitcoin on that day$23,730December 24, 2020
$100 at that price$320.42At our latest price check
Illustrative value using a Bitcoin price of $76,034, checked Nov 7, 2026, 6:47 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Nouriel Roubini appears in 8 recorded obituaries. 20 declarations were recorded in 2020.
Keep the receipt.
Bitcoin Is Dead. “The Price Of Bitcoin Is Totally Manipulated” — Nouriel Roubini, Yahoo, December 24, 2020. Bitcoin: $23,729.65. https://bitcoindeaths.com/posts/2020-12-24-the-price-of-bitcoin-is-totally-manipulated