Post
Topic
Board Bitcoin Discussion
Re: Will it help bitcoin if we shift funds to it ?
by
radjie
on 25/10/2019, 17:42:40 UTC
We are all aware that the bitcoin is the last hope when the other altcoins including Ethereum are struggling to survive and even bitcoin has not had any massive pump as it's fighting hard to stay on $8,000 despite numerous fluctuations but will it help bitcoin if we just move our funds to bitcoin which we have invested into altcoin as it will increase the demand of bitcoin if everyone can do that as this will literally do what the whales have been doing to increase the price when they want by creating the demand.

there is a possibility of that happening if we are able to move the funds we have on several altcoins and are able to convert them back to bitcoin, then it can increase the demand for bitcoins if everyone is able to do it simultaneously. but it is certainly able to influence the altcoin price movement, the altcoin market will become red because of the large number of people selling it