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Bitcoin Is a ‘Self-Fulfilling Bubble,’ Roubini Warns

Feb.17 — Nouriel Roubini, a professor at New York University’s Stern School of Business, discusses the surge in Bitcoin and says the cryptocurrency has no value and is in a bubble. He speaks on “Bloomberg Surveillance.”

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Feb.17 — Nouriel Roubini, a professor at New York University’s Stern School of Business, discusses the surge in Bitcoin and says the cryptocurrency has no value and is in a bubble. He speaks on “Bloomberg Surveillance.”

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39 Comments

39 Comments

  1. Craig Busch

    February 18, 2021 at 12:04 am

    cool story bro

  2. Jason Whittle

    February 18, 2021 at 12:09 am

    Transaction costs are solved by wrapped bitcoin and off chain transactions. Yes Bitcoin does not have physical value but neither does the US Dollar. Definitely pump and dumps, just like the stock market.

  3. Horse -

    February 18, 2021 at 12:23 am

    The way the old guy asks the question in the beginning is so typical.

  4. Antonio Benamer

    February 18, 2021 at 12:26 am

    Bitcoin is hard to pop because it’s
    Worldwide and the market is
    24/7. If you go Against crypto,
    You got to run your Fud worldwide
    24/7.

  5. Hakob Stepanyan

    February 18, 2021 at 12:33 am

    H

  6. starchaser28

    February 18, 2021 at 12:34 am

    Bitcoin will continue to appreciate over time as long as the world economy remains inflationary, which it always will be.

  7. Justin King

    February 18, 2021 at 12:37 am

    Much butthurt

  8. arlyarly

    February 18, 2021 at 12:38 am

    Appreciate your review, You gave very good advice with the right mentality adopted for cryptos ✔ For the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me after accumulating over 6.7BTC in just two weeks, with the trading strategy given to me by Mr Alex Michael. his methods are top notch and profitable. give it a try guys. Alex has a Telegram channel ** @Alexcryptosignals **

    • Philippe Rolin

      February 18, 2021 at 12:57 am

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    • Miranda Raegan

      February 18, 2021 at 1:10 am

      Alex really goes above and beyond. Love being your subscriber, looking forward to things to come and maybe a couple of sneaky celebratory drinks somewhere. lol

    • Liliana Marisa Guerra

      February 18, 2021 at 1:17 am

      I’ve been a subscriber and member with Alex since 2017. I can honestly say that he has helped me tremendously to achieve and be where I am now with proper guidance One can gain hugely with the right portfolio and also being a little more educated trades. Would highly recommend

    • sunny dan

      February 18, 2021 at 1:21 am

      He also provides regular updates on these picks and on crypto in general that are invaluable, as the space changes so rapidly. I always feel like l’m up-to-date with with his daily signals, and Alex Michael persistence to keep us updated was particularly noticeable throughout the crypto bear market. Where others in the crypto space went missing in action, Alex loyalty to the cause remained consistent throughout.

  9. Andy A

    February 18, 2021 at 12:39 am

    This guy is a clown, why does he still have a voice?

  10. Leister Logrono

    February 18, 2021 at 12:40 am

    If US had just supported mining crypto this old man could not have said centralized on other countries because that companies have preferred those countries because US did not supporte them.

  11. Adam Cook

    February 18, 2021 at 12:43 am

    The American $$ isn’t backed by anything either…. THESE GUYS ARE HATERS & MISSED THE TRAIN 🚂

  12. Ruban Lopez

    February 18, 2021 at 12:48 am

    One word defines Roubini – Clueless!!!! He is no expert on Bitcoin. He just Rambles on about nothing. He has been embarrassing himself about Bitcoin for years. When Bitcoin reaches a million dollars – he will still call it a bubble. The government of Kenya has announced they are using Bitcoin as their reserve currency. Canada just announced that the are allowing 2 ETF’s. The hits for Bitcoin just keep on coming. The wall of institutional money is coming. Billions and Trillions of dollars. I think Roubini just likes hearing his own voice. He needs to get a grip and move to another asset class – like gold. Just Opining

  13. Patrick Miller

    February 18, 2021 at 12:51 am

    Gold isn’t gaining sharply as a hedge against fiat currency because people are getting smart and using a different vessel….. Bitcoin. Someone get Mario and Luigi’s grandfather up out of here.

  14. Adam Cook

    February 18, 2021 at 12:52 am

    GROUNDBREAKING BLOCKCHAIN TECHNOLOGY! Either smart contracts will change the world. This guy smart but doesn’t understand the new generation… he is thinking in the last & will get left behind

  15. bob rusou

    February 18, 2021 at 12:53 am

    It should be illegal for people like him to spread their crap!

  16. Stella M

    February 18, 2021 at 12:54 am

    It’s amazing people are still this clueless in 2021. Crypto hodlers get fat payouts and boomers get the streets, pretty fucking awesome if you ask me.

  17. Noel Taylor

    February 18, 2021 at 12:59 am

    Nouriel’s hate makes it seem like he’s losing something personal to bitcoin somehow

  18. Kitsune Siberian Forest Cats

    February 18, 2021 at 1:02 am

    Finally the people have their own monetary system that isn’t controlled by these greedy losers and they call it self serving because they cant scam a piece of it.

    Retire.

  19. Joe Cai

    February 18, 2021 at 1:06 am

    Such a bitter man

  20. Sekai Ni Heiwa

    February 18, 2021 at 1:12 am

    This professor still have no clue that bitcoin supply is virtually unlimited, and when the “news” will come to the surface bitcoin will become a zero for you and trillions for the creators (financial institution, banks who created it)

  21. Colin Morrissey

    February 18, 2021 at 1:15 am

    Windows, Google & Amazon – all digital utility networks – were also self-fulfilling bubbles then

  22. Forflies

    February 18, 2021 at 1:18 am

    Bitcoin has seen some mixed price action lately, with bulls and bears largely reaching an impasse as the cryptocurrency consolidates. Where it trends next will undoubtedly depend largely on whether or not bulls can break the ongoing consolidation phase and spark a move higher as it has been struggling to gain any clear momentum lately, with its price action largely consisting of range-bound trading between $48,000 and $51,000. This large trading range has held strong throughout the past couple of weeks, and any attempt to break either of the boundaries has resulted in rapid rejections. But it is not enough to sit back and hold, rather it is time to take advantage of the various signals and strategies at our disposal that will make trading profitable. AC Morgan IV management provides some of the best insights I have been exposed to in crypto trading. I have been able to grow my portfolio to 5 BTCqq with my initial 0.8 BTC. Let’s capitalize on the current market trend while we remain optimistic for a productive future. Morgan can be contacted for crypto inclined concerns Via ЩΉΛƬƧΛPP :+1 (715) 227-4793 or ₮ɆⱠɆ₲Ɽ₳₥ @MorganIV.

    • Timothy Bare

      February 18, 2021 at 1:23 am

      Some people are really making it through bitcoin

    • Todd Mcclendon

      February 18, 2021 at 1:23 am

      Well with the cryptocurrency market favorable as it is investing now wouldn’t be a bad choice.

    • Reginald Walston

      February 18, 2021 at 1:26 am

      Richard Hudson is very sound in analysis and his service delivery is top-notch. I am so grateful to him for his assistance which has made me a much better and profiting trader
      .

    • Rob walker

      February 18, 2021 at 1:26 am

      I tried bitcoin once but discouraged by the constant rise and fall in price.

    • Travis Matherly

      February 18, 2021 at 1:27 am

      I just wrote to him. hope he replies soon enough and that his services are available outside the US. thanks, man. I can’t wait to start earning from crypto real soon
      .

  23. Martin McCallam

    February 18, 2021 at 1:22 am

    Risk management is a vital element of success for any tradr in any mar:ket. No matter the size of the cap!tal you’re trad!ng with or investing in, losses are going to be inevitable, particularly in highly volatile mar:kets like crypt0currency. Learning how to manage risk to minimize losses is vital. Yet, it’s also necessary to master risk management in order to ensure maximum gains. After all, the more you’re willing to risk, the greater the potential reward. I’m not a pro tradr but I was lucky enough to make 25’B’T’C since late last year following the instriuctions and s!gnals from Andrew Charles Weber. He runs program for investors/newbies who lack understanding on how trad!ng Bitcoin works, to help them utilise the volatility of the crypto mar:ket and also stack up more bitcoin. You can easily get to Andrew on 𝚠нαтαѕαρρ + 1 8 3 2 318 0 7 5 7 for Crypto related issues.

    • Osin Gigg

      February 18, 2021 at 1:22 am

      Checked IAPD site and was able to see that He’s a registered trader.

    • Xteven Q

      February 18, 2021 at 1:23 am

      This past month been earning $70,000 weekly having invested $13,000 and working with Andrew Weber’s trading signals.

    • Cram Bold

      February 18, 2021 at 1:23 am

      Some weeks ago Con men took over 13 Btc from me which lead me to a point of frustration as it was my savings, I’m glad I came across Andrew Weber through a friend and in weeks he helped me recover all I lost.

    • Victor Hugo

      February 18, 2021 at 1:23 am

      Meet Andrew first time at a meeting in Las Vegas early 2019. His teachings on trading is fascinating.

    • Jason

      February 18, 2021 at 1:24 am

      Positive remarks is all I have read and heard about this Andrew Weber for a while now. Would try this out with my 3.2 Btc

  24. RosscoAW

    February 18, 2021 at 1:24 am

    Why, exactly, are the producers at Bloomberg going out of their way to bring on people that haven’t actually researched the fundamentals of the asset being discussed? LOL. Fkn Boomers I tell ya

  25. Sonny P

    February 18, 2021 at 1:29 am

    How much is this guy worth again??

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Bloomberg Technology

China Tech In Bear Market, Google’s Chrome Future | Bloomberg Technology

Bloomberg’s Caroline Hyde discusses the increasing pressure faced by Chinese tech names as the sector enters bear territory. Plus, what’s next for Google’s Chrome browser after the DOJ says it must be divested, and Project Liberty on a potential opportunity to buy out TikTok. Chapters: 00:09:00 – Chamber of Progress CEO Adam Kovacevich 00:18:00 –…

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Bloomberg’s Caroline Hyde discusses the increasing pressure faced by Chinese tech names as the sector enters bear territory. Plus, what’s next for Google’s Chrome browser after the DOJ says it must be divested, and Project Liberty on a potential opportunity to buy out TikTok.

Chapters:
00:09:00 – Chamber of Progress CEO Adam Kovacevich
00:18:00 – Talking Tech
00:32:20 – Menlo Ventures Partner Tim Tully
00:38:10 – Project Liberty Founder Frank McCourt Jr.
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Project Liberty: We’re In a Position to Buy TikTok

Frank McCourt Jr., founder of Project Liberty, says the company may have the opportunity to buy TikTok “when and if it is sold.” He joins Caroline Hyde to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…

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Frank McCourt Jr., founder of Project Liberty, says the company may have the opportunity to buy TikTok “when and if it is sold.” He joins Caroline Hyde to discuss on “Bloomberg Technology.”
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Following the AI Money Trail

Tim Tully of Menlo Ventures discusses their latest report on where enterprises are spending within the Gen AI landscape. He joins Caroline Hyde to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:  …

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Tim Tully of Menlo Ventures discusses their latest report on where enterprises are spending within the Gen AI landscape. He joins Caroline Hyde to discuss on “Bloomberg Technology.”
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