Post
Topic
Board Bitcoin Discussion
Re: Will it help bitcoin if we shift funds to it ?
by
jootn2kx
on 01/11/2019, 12:46:05 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.

It will probably launch Bitcoin briefly, but if the price is really being manipulated by the whales, they will knock it down soon enough. However, such a thing would likely annihilate the altcoin market, and damage a lot of people along the way. I don't think it is a permanent solution for BTC price, and it might destroy the crypto industry.