January 5, 2019 by Paul de Havilland
Nouriel Roubini has capped off his self-belittling 2018 with a “Hall of Shame” tweet aimed at the crypto community. In it, the notorious crypto-bashing economist created a Hall of Shame for altcoins, and in a hasty keyboard misstep inadvertently invented a new word for them.
Also read: Five New Year’s Resolutions to Improve Your Crypto Life in 2019
Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & expertsRoubini’s Happy New Year Tweet–Announcing a Shitcoin Hall of Shame
Nouriel Roubini announced a “Shitcoin Hall of Shame” in his December 31st tweet:2018 Shitcoin Hall/Pile of Manure Shame:💩ADA: -93.9%💩BTG: -93.7%💩BCH: -92.6%….💩LTC: -85.5%💩ETH: -81.8%💩XRP: -81.6%💩BTC: -70.7%These only the 2018 losses. From the all time high/peak losses are much worse. For Bitcoin it is 82%. For all other 💩Shicoins 95-99%! — Nouriel Roubini (@Nouriel) December 31, 2018
Cardano ADA topped the list with almost 94 percent losses for 2018, with the top three rounded out by Bitcoin Gold and BCH (presumably referring to ABC). The good doctor, it seems, continues to revel in the misfortune of others. How thorough he was in researching the worst performing coins for 2018 is questionable. He ends by bundling all other altcoins together as suffering 95-99 percent losses. So how he came up with the specific “Shitcoin Hall of Fame”, topped by Cardano, seems random.
Roubini has been no stranger to cryptotwitter angst. Bitsonline covered ten highlights from his October 2018 Twitter rampage, wherein he went on a spree of hatred for crypto and everyone involved in it.
The “Roubini Twitter files” include “Crypto Lunatics, Barking Dogs, and a Motley Crew of Nuts”:Mud slinging, Name calling? I got an entire army of 1000s of crypto lunatics, crazies, barking...