Emil Oldenburg is the technical director of one of the biggest pages of bitcoin, he decided to sell all his coins under the argument that the cryptocurrency is virtually unstable.
"At this moment the currency is under much risk" were the words of Oldenburg to the portal Breakit in an interview "In fact, I sold all my bitcoins not long ago and the money I invested in bitcoin cash"
His reasoning to leave bitcoin, that is, instability, is something that many experts on the subject have been criticizing in the months that have been going on, also many have been registering complaints about high commissions and the delay of transactions.
He also mentioned that bitcoin.com has stopped developing new services that involve the bitcoin network and now it is going to focus more on bitcoin cash, which is a bitcoin bifurcation that has existed since August. The new cryptocurrency called the BCH has a little more economic commissions.
Oldenburg said that only new investors realize the limitations of bitcoin, and that is why they will want to change their currency. Bitcoin has seen an exponential increase in prices this year, from USD $ 1000 per currency to USD $ 18,000
Bitcoin.com was launched in 2015 and the domain is owned by bitcoin enthusiasts and entrepreneur Roger Ver. The site serves as a springboard for millions of investors who use their services.
