Jim McCaughan, the CEO of the biggest and leading investment company he said bitcoin made a mistake in its devlopment, he said that the Bitcoin has no fundamental value.
As the bitcoin is the leading cryptocurrency in all the digital currencies if the bitcoin fall all the values of the cyptocurrency fall, as bitcoin enjoyed the sky-boom in the last year and start of this year, but right now he has suffered volatile price changes in the market.
He also said that now its to late to invest in the bitcoin.
He also suggested the other cryptocurrencies if they select their medium of exchange they can surpass the bitcoin in the market.
Jim McCaughan also said that the bitcoin has no fundamental value so it can easily go up and it can easliy go down at zero level;
He also said that :