Mike Novograz promised to wear a “Nuriel was right” shirt if Bitcoin falls below $ 6,000 in December

The head of the Galaxy Digital Cryptocurrency Bank, Mike Novograz, during a SALT 2019 conference in Las Vegas, argued with well-known Bitcoin critic economist Nuriel Rubini that by Christmas the price of the first cryptocurrency will be above $ 6000. This is reported by CNBC .

The loser in the dispute will have to recognize the victory of the opponent, wearing a T-shirt with a certain inscription.

“Bitcoin has reached $ 6000. If it is still above this mark by Christmas, you will be wearing a “I love Bitcoin” T-shirt. If not, I will wear a T-shirt with the inscription "Nuriel was right", "suggested Novograz.

Nouriel Roubini chose to get away from the discussion, saying that he was indifferent to bitcoin. He stressed that he still believes that cryptocurrencies can not compete with traditional payment systems.

“I have never seen an industry with such a level of manipulation. Reality: Cryptocurrencies are not currencies by nature. If banks make thousands of transactions per second, then with the help of BTC, you can make just a few transfers in the same period of time, ”said Doctor Doom.

Mike Novograts, in turn, reminded his opponent that Bitcoin is gaining popularity not only among retail investors, but also among representatives of large corporations.

“People around the world consider it a legitimate place to store value. The dispute is over, Bitcoin won, ” Novograc concluded.

Earlier, Mike Novograts said that the next important mark for Bitcoin would be $ 10,000 and it is possible that it will be reached by the end of the year. And by 2021, according to his forecast, the first cryptocurrency will be able to overcome the historical maximum of $ 20,000.

Recall that in April, at the Deconomy 2019 conference in Seoul, Nouriel Roubini entered into a debate with the creator of Ethereum, Vitalik Buterin, arguing that the governments will eventually win over cryptocurrency, and the idea of anonymity is not viable.

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