Another big name quits BTC, Co-founder bitcoin.com sells all bitcoin

[dutchcoinexpert]

So Swedish bitcoin.com founder Emil Oldenberg says he sold all his bitcoin due to the fact that usebililty of the coin has reached its limit.
transactions can take up to 400 mins due to pressure on the network, transaction costs have skyrocketed and selling larger amounts of the coin can take hours .

To me a very legit point, transactions at this moment fustrate me

Seems to me that there are more viabel and better options at this moment that investing in bitcoin.

Especially XVG has peaked my intest .
A very high speed network, very low cost (like 0,1 XVG to 1 XVG )on transactions and above all a coin that has its roots in the community and not in a overhyped ICO.
XVG has a very promising future because of its excellent useabilty and seems like direct competitor for coins like MOnera

Any thoughts on the usebility of the bitcoin and the overused network and possible overevaluating of the bitcoin vs other coins and Alts?

Please post.

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[buwaytress]

Give me useability at its limit any day of the week over zero usability. Any project, any coin, would simply give everything to even have half the usability of Bitcoin, let alone a max limit.

Co-founder may have sold all his bitcoins but if I owned as much as that guy, I'd always be considering selling it all off some day to retire and enjoy many years of health and youth. After all, with all that forking (Cash, Gold) and airdropping (GBYTE, Lumens), he should have at least 20% of his total Bitcoin networth in alts, if not more.

Besides, you need to shill your coin better than this. Don't give a bad name to actual Dutch coin experts.

[J. Cooper]

Atleast that's what he says. Anyone can say they sold all of their bitcoin but there's no way to know for sure. At the end of the day I don't trust these guys over at bitcoin.com pretending to be pioneers. But regardless, the reasoning behind him selling off his bitcoin is probably even more pathetic and is just straight up shilling for bcash. We've got a (temporary) solution to atleast diminish the issues until lightning network is stable but those 3rd party companies refuse to take part in it.

Besides, you need to shill your coin better than this.

This.

[Taki]

Can it be the sign of Bitcoin's end?
Honestly I doubt. This news shocked me a little, especially that fact that he is not first. But all global tendention towards crypto currencies show me opposit scenario for Bitcoin. It is going to raise higher. This guy must be just had not enough tention or just decided to cash out before the government didn't put any insane tax for all crypto profit, there is no other way to explain his move.

[dutchcoinexpert]

Atleast that's what he says. Anyone can say they sold all of their bitcoin but there's no way to know for sure. At the end of the day I don't trust these guys over at bitcoin.com pretending to be pioneers. But regardless, the reasoning behind him selling off his bitcoin is probably even more pathetic and is just straight up shilling for bcash. We've got a (temporary) solution to atleast diminish the issues until lightning network is stable but those 3rd party companies refuse to take part in it.

Besides, you need to shill your coin better than this.

This.

14000 xvg Will not make me a million  boys, not shilling Just a question. It is a forum.

[filharvey]

Give me useability at its limit any day of the week over zero usability. Any project, any coin, would simply give everything to even have half the usability of Bitcoin, let alone a max limit.

Co-founder may have sold all his bitcoins but if I owned as much as that guy, I'd always be considering selling it all off some day to retire and enjoy many years of health and youth. After all, with all that forking (Cash, Gold) and airdropping (GBYTE, Lumens), he should have at least 20% of his total Bitcoin networth in alts, if not more.

Besides, you need to shill your coin better than this. Don't give a bad name to actual Dutch coin experts.

Exactly.He just wanted to sell bitcoins at its ATH and enjoy gaining very high profits.Actually,he is not a supporter of bitcoin and he,his friend roger ver have always wanted bitcoin to get down and they had tried their best to spread FUD about bitcoin and to support BCH.

[MiningSensei]

Do i care? No.

Every one who bought bitcoin a few years ago at less than $100 or $200 each would say the same, we dont have much people who did that, i bought at $300 but i sold them at $1000.

What would you say if you buy an altcoin and it comes from $1 to $1000 in one year and a half? Will you sell if it or just risk your huge fortune by holding it?

So Swedish bitcoin.com founder Emil Oldenberg says he sold all his bitcoin due to the fact that usebililty of the coin has reached its limit..

This can probably be the main reason of why a lot of people are switching to bitcoin cash right now, they all are the same: cowards, nothing more than that.

transactions can take up to 400 mins due to pressure on the network, transaction costs have skyrocketed and selling larger amounts of the coin can take hours .