Post
Topic
Board Bitcoin Discussion
Re: Bizarre news: One of the founders of bitcoin.com has sold all his bitcoin
by
pooya87
on 19/12/2017, 05:19:46 UTC
Co-founder of bitcoin.com Emil Oldenburg, is extremely skeptical of bitcoin’s future. He calls it the riskiest investment one can make at the moment and blames it on the market liquidity. He also has sold all his bitcoin and switched all of them to bitcoin cash. What do you think of this? Do you think this sort of news will drive people away from bitcoin and it will all fall off one day or he's just paranoid for no reason?

first of all you should know that bitcoin.com is the main advertiser of bitcoin cash. that should clarify whey he "said" he has done what you explained here.

secondly, if you think bitcoin is risky then you should already know that altcoins, specially bitcoin cash are much riskier investments!

and finally selling and diversifying is not a bad thing. bitcoin has risen a lot, it is only wise to sell something to get some profit out. even if you do don't believe all the bubble talk, there is always a tiny chance of a drop. that "tiny chance" is enough for you to re-think your strategies.

and no it will not cause any panic or drive people away, almost everyone knows what they are up to and they are used to people saying weird shit about bitcoin all over the internet. Tongue