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Roubini is a clown heavily mocked even by the traditional finance world and this article is from 2019. “95% of btc volume is fake” weve known about asian excha
by trident5000 6y ago
Roubini is a clown heavily mocked even by the traditional finance world and this article is from 2019.
“95% of btc volume is fake” weve known about asian exchange wash trading for the better part of the decade, its why their volume is excluded in aggregates. Theres still undeniable substantial real volume on the top 10 exchanges by users. Coinbase is not committing investor fraud as a fiduciary by reporting false numbers.
- grapehut 6y agoI am personally responsible for 100e1000 US dollar trade volume per day. Taken with the above statement, >99.999% of all US dollar trade volume is fake. I guess USD must be a joke currency.
- genericacct 6y agoNouriel Roubini teaches at New York University's Stern School of Business, that's a pretty solid credential.
- trident5000 6y agoWho cares. I went to an elite university on par with nyu. Half my professors were idiots.