Post
Topic
Board Speculation
Re: Does Facebooks's Libra cause the growth of bitcoin?
by
yvesp110
on 22/07/2019, 11:59:41 UTC
There are many hype around Facebook project and launching its shitcoin whereas there are some "experts" who do mean that Libra cause the bitcoin growth? How is that possible?
From what i see maybe because facebook indirectly support crypto. And it which make bitcoin price growth because bitcoin is center or cryptocurrency. When something big or maybe a company that really influence support crypto, means good news for crypto itself.
Not really and I do not really think and buy it that Facebook’s Libra is the reason behind Bitcoin growth. We have these price restrictions for long and it was precluded from a very long time that Bitcoin will grow once it is able to cross these restrictions. Right now, the market is pretty bullish and we are expecting the next halving so data shows that the coin will gain value.