billionaire entrepreneur warren buffet says that bitcoin and other cryptocurrencies will have a bad end because the price of bitcoin that is around 14 thousand dollars will go to a downward trend because of the excess value of these cryptocurrency and added that the never I would invest in any cryptocurrency due to the high insecurity that they have and that investors are happy because the only thing that cryptoactives do is to rise in value excessively having some relapses and for them that sounds like something vaguely modern.
Buffett's comments were also supported by his colleague Charlie Munger who said basically that the cryptocurrency was totally crazy. These two big investors gave their criticism because a lot of companies are buying cryptocurrencies to save and then sell and therefore I call the attention of these two individuals also that kodak announced last Tuesday that he would launch his cryptocurrency the kodakcoin