The founder of the Bitcoin.com site sold all the Bitcoins in his hand!

Will Bitcoin's price fall? Are investors expecting a big risk? Why did Bitcoin's founding partner do such a thing? What is bitcoin Cash?

According to the interview with Swedish technology site Breakit, the founding partner and technology chief of Bitcoin. com, Emil Oldenburg, sold all the Bitcoins (BTC) in his hand.

Long processing time

Oldenburg said the BTC's transfer time is 12 hours and the transaction fee is expensive. He added that BTC does not have a good future as a daily currency, and that other people will sell bitcoins in his hand, just like he did.

Everyday hard to use

According to the Oldenburg, the market can be exchanged with BTC, but the customer's payment is 12 hours to enter the store account.

Emil Oldenburg made his investment to Bitcoin cash (BCH), another crypto currency. Oldenburg believes that BCH, which we can define as Bitcoin's spin-off, will be a digital currency that people could use for a casual basis.

What happens in 2018?

After these developments, BCH's value increased slightly. There was also mobility in other altcoins. Some sources believe that Bitcoin's value will fall in 2018.