Roubini Caps Off Year of Self-Ridicule With a Hall of Shame and a New Word for Altcoins
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
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Roubini’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 dogs, trolls, bots, shills, hack insulting me and threatening 24/7 for weeks now & not ONE of them could rebut ANY of my arguments in my 30 page written testimony. A motley crew of nuts https://t.co/YzBGxk1z5l
— Nouriel Roubini (@Nouriel) October 12, 2018
“A Cesspool of Stinking Shitcoins”:
Crypto Maximalists come in all forms: zealot supporters of BTC, XRP, ETH & every other shit-coin. & they hate each other more than nocoiners. No wonder: as prices have fallen 75% to 99% this year the cesspool is even more filled with stinking shitcoins fighting to survive https://t.co/7dtpZB32IO
— Nouriel Roubini (@Nouriel) October 12, 2018
And “Crypto Greedy Fiat Producers of Crappy Manure”:
Irregularities? Randomineess? In other terms translated in proper English: you randomly create 1000s of new Shitcoins day in and day out and then hope that some randomly stick in the pockets of suckers and BagHolders suckered by you crypto greedy fiat producers of crappy manure https://t.co/sZMxhW9Cn1
— Nouriel Roubini (@Nouriel) October 12, 2018
Cashing in His Credibility For What?
There has been a great deal of speculation surrounding why Roubini appears to be prepared to sell his credibility as an economist for cryptotwitter infamy, much of it relating to financial gain of some description. All those allegations are unfounded thus far, but his level of engagement in spiteful cryptocurrency debate–for want of a better word–is clearly of out whack for a person of his position and stature.
Shicoins The New Buzzword
Roubini has invented a new word for altcoins. He signs off on his New Year’s Eve tweet with “For all other Shicoins 95-99%!”. Whether Shicoins will meme as successfully as SAFU did for CZ remains to be seen.
Meanwhile, the rest of the crypto world looks forward to a fruitful 2019, with Binance now announcing a platform for ICOs.
Have your say. Why is Roubini engaging in hateful speech on Twitter?
Images via Pixabay
