Bitcoin Firms will be Folding!

Nine out 10 cryptocurrencies created in the past year or so will fold – says the man who launched Dogecoin as a joke.

Jackson Palmer – who freely admits he did not make any money out of his creation – believes we are reaching a crunch point for many fledgling virtual currencies.

He said that 12 months ago, as market leading bitcoin was really beginning to attract mainstream interest, scores of cryptocurrencies “got a bit of seed money” and sprang into life.

Now, coming up to their anniversaries, reality is about to bite.

 

View some of the source of this article by clicking here

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.