In spite of that, there are a lot of people who love Bitcoin, and the potential for future developments is too high, and there are too many leading cryptokurrury leaders. One of the drivers is the New York Economic Professor, Nuriel Roubini, who made it perfectly clear that he doesn't like Bitcoin, and he doesn't care about the price.
Roubini spoke in the latest Las Vegas Conference, a news conference where he described Bitcoin a "Coin", This is a popular term in the Crypto site as a proactive descriptor of cryptic claims with questionable economic merits.
The professor said:
"There are 500,000 Google items for ** Tocins. It's a technical term."
Also known as Dr. Doom, Roubini has a history of saying negative things when it comes to Cryptocurrency. Speaking of the technology behind Bitcoin – Blochain – last year he said it was "Nothing but a spreadsheet".
A lot of anti-bitcoin men like Roubini, seem to repeat themselves when it comes to sliding Cryptocurrency. The Wall Street Billionaire Warren Buffett once referred to as Bitcoin as a rat poison.
Appreciate particular, it's not true when you claim Bitcoin to be only useful for criminal activities. In a lot of third-world countries, Cryptocurrency helps people survive the economic hype, Venezuela is a good example of this.
As reported by BTC Manager:
"On the subject of virtual currencies encouraging criminality, all the evidence suggests such fears are overstated. Cryptoslades constitute many minutes of money laundering and other financial crimes."
Despite the beers digging in Bitcoin, there are a lot of bulls in the room as well.
SEO of Digital Digital, Mike Novograts is just one of the bulls that think by the end of 2020, the BTC price will have reached its all-time high of $ 20,000.
In terms of price, Bitcoin was performing well the last few weeks and a few days ago, the price finally surprised $ 6K despite the breach of the benchmark. At the time of writing, Bitcoin was $ 6.350 following a 4.13 percent increase over the last 24 hours.