Don't be greedy, Bitcoin is going to collapse says the Billioner

in bitcoin •  7 years ago 

Kosovar Billionaire Behgjet Pacolli doesn't trust Bitcoin and he says: BITCOIN is going to collapse. Don't be greedy when it comes to #Bitcoin.

Bitcoin is a virtual curency, which was created by different groups in so caled ''isles'', who have created it by not using cash money. But in the moment that one of the investors starts drawing money, then ther begins the fall. I call it a modern pyramid, which is functioning curerently, but the fall of this currency will happen anytime.

The problem is that the threshold of 1MB of transactions per block has already been reached and the Bitcoin system is not able to keep up with the number of transactions that are being pushed into the network. So, eventually the collapse will come unannounced.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!