Forecasts of the collapse of Bitcoin and other cryptocurrencies usually face against broader arguments in defense of the technology of blockchain underlying them.
Yes, its advocates agree that more than half of all ICO’s (initial coin offerings, that is, the initial placement of cryptocurrency among investors) proved to be a failure, and most of the currently existing 1500 something cryptocurrencies are also waiting for collapse, however, blockchain will still make a revolution in the relationship of finances and people.
However, as noted in his article on Prokect Syndicate, the famous American economist Nouriel Roubini states that blockchain is one of the most unjustifiably advertised technologies in the history of mankind.