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The delicious wretched misery of delusional nocoiners:
> March 2014: With Bitcoin at $640, predicts it will go to zero
> Spends 4 years withering in pain as it rises to $19,000
> March 2018: Claims vindication as it drops to $8,000 (12x return in four years instead of his zero)
> March 2014: With Bitcoin at $640, predicts it will go to zero
> Spends 4 years withering in pain as it rises to $19,000
> March 2018: Claims vindication as it drops to $8,000 (12x return in four years instead of his zero)
The regularity with which @nouriel chimes in whenever there is a crash in the Bitcoin price indicates he obsessively follows Bitcoin& #39;s price.
Imagine his mental state after 4 years of watching watching the price rise, shattering his predictions & entire intellectual brand.
Imagine his mental state after 4 years of watching watching the price rise, shattering his predictions & entire intellectual brand.
What kind of professional economist wishes death and ruin upon people for investing in something he doesn& #39;t like?
The fear Bitcoin strikes in the heart of parasites living off government money printers is why it is unlike anything we& #39;ve ever seen!
The fear Bitcoin strikes in the heart of parasites living off government money printers is why it is unlike anything we& #39;ve ever seen!
Tough philosophical question facing Bitcoiners:
If schadenfreude is wrong, is it wrong to take pleasure at someone& #39;s completely delusional sense of schadenfreude for being so completely misplaced?
If schadenfreude is wrong, is it wrong to take pleasure at someone& #39;s completely delusional sense of schadenfreude for being so completely misplaced?
Moment of revelation: @nouriel follows the diet advice of industrial agriculture marketing con artists who promote veganism & soy.
His hysteria, vindictiveness & emotional instability around Bitcoin are clearly the result of hormonal deregulation from soy. Pray for his recovery.
His hysteria, vindictiveness & emotional instability around Bitcoin are clearly the result of hormonal deregulation from soy. Pray for his recovery.
The problem with being a Keynesian high time preference propagandist is that you end up believing the bullshit you sell, becoming incapable of long term thinking beyond a few weeks. This IMF circus clown celebrates Bitcoin dropping to 10 times the price at which he said it& #39;d die!
Correction: Roubini hasn& #39;t been mocking Bitcoin since it was $600. He& #39;s been mocking it since it was $58.
Imagine how short your attention span must be, & how strong your self-delusion, to gloat with vindication during every dip from $58 to $7,000.
Imagine how short your attention span must be, & how strong your self-delusion, to gloat with vindication during every dip from $58 to $7,000.
According to Twitter search, Roubini has tweeted 149 times about Bitcoin. If you bought $100 worth of Bitcoin every time he tweeted about it, you& #39;d have spent $14,900 and would have 19.58 Bitcoins, worth around $137,000.
Long may his hysteria continue!
Long may his hysteria continue!
