Popular expert trader and mathematician trolling founder of Digital Currency Group about Bitcoin
Philosopher and former options trader and risk analyst Naseem Nicholas Taleb, author of the nearly iconic books “Black Swan” and “Antifragile”, took to Twitter to take a jibe at the crypto billionaire who founded Digital Currency Group and its subsidiary Grayscale Is. Barry Silbert.
Taleb stated that Silbert is still waiting for Bitcoin to hit the $100,000 level on the charts.
“Barry Silbert Still Hoping for Bitcoin at $100,000”
Nassim Taleb sarcastically tweeted that the founder of Digital Currency Group still expects the leading cryptocurrency to rise to the $100,000 price mark.
Taleb published a screenshot of Silbert in which the latter joked that he is looking forward to selling Bitcoin at $100,000 to the author of “Black Swan,” who has turned into a Bitcoin skeptic over the past couple of years.
“Bitcoin Will Still Fail Even If It Reaches $100,000”
In March of this year, Taleb said on his Twitter page that even reaching $100,000 would not help bitcoin, as it would “fail” even if it achieved a higher price mark.
The risk analyst believes that BTC has proven that it is no good as an inflation hedge. Earlier, U.Today reported that, according to Taleb, the current “crypto winter” may well turn into a “full-blown ice-age.”
In contrast, Barry Silbert has always been a bitcoin believer and BTC investor, the founder of the two major crypto companies mentioned above.
Bitcoin trading in $19,700 zone
Since Aug. 26, the leading crypto has been trading below the $20,000 level. BTC slumped under the crucial support level after the head of the Federal Reserve, Jerome Powell, gave a speech, saying that the U.S. central bank intends to maintain its hawkish stance regarding handling the current inflation spike.
At the moment, BTC holds over 70%, having reached its all-time high of $69,000 in November last year.
The last time the flagship crypto was seen under $20,000 was in 2020, when the pandemic started in the eastern part of the globe and then spread around the rest of it, causing lockdowns and massive money printing in the U.S. (where over $6 trillion in cash was injected into circulation), in the EU, Japan and other countries.
