Bitcoin vs Libra | Bitcointalksearch.org

suvo05

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Quote from: CryptoTech_ on July 07, 2019, 12:55:42 AM

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If Libra has been released, certainly not everyone will also move or invest there. People will still invest in bitcoin or altcoin. Sure enough, many people focus on Libra because the association in Libra is a big company. Sure enough, they are indeed extraordinary and Bitcoin will be the main one in crypto.

No one will move the investment, but many new people will arrive and this will greatly impact the development of bitcoin and altcoin
To be honest I was very impatient for the launch of Libra

I think there will be no option for investment in Libra. They are certainly not going to distribute the token via any ICO. And the Libra will not be sold any exchange like the other cryptocurrencies. And they also trying to make the coin price stable. So what's the point to invest in Libra coin?

CryptoTech_

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Quote from: ?? on ??

If Libra has been released, certainly not everyone will also move or invest there. People will still invest in bitcoin or altcoin. Sure enough, many people focus on Libra because the association in Libra is a big company. Sure enough, they are indeed extraordinary and Bitcoin will be the main one in crypto.

No one will move the investment, but many new people will arrive and this will greatly impact the development of bitcoin and altcoin
To be honest I was very impatient for the launch of Libra

cahbagus555

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Quote from: ?? on ??

If Libra has been released, certainly not everyone will also move or invest there. People will still invest in bitcoin or altcoin. Sure enough, many people focus on Libra because the association in Libra is a big company. Sure enough, they are indeed extraordinary and Bitcoin will be the main one in crypto.

Agree, Libra coin cannot be made an investment because Libra coin is stable coin. Libra coin advantage of having a partnership with a master card or visa and this will make Libra coins can be traded by any merchant

stellgod

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I would prefer the bitcoin rather than libra because bitcoin has already good impact from many investors and it is proven while libra we do not know yet if they will success in the future even they are popular from social medias.

There is no project that can fully be trusted when it comes to decentralization rather than bitcoin, and that is exactly what will continue to make bitcoin to gain relevance more than any other coin that can be released, and not even Libra.

Libra might have talked about creating a decentralized system, but I really doubt because I do not see where that will favor them, because the cryptocurrency they are creating is a stable coin that will be more used by their users, and maybe accepted by few crypto users out there that has need for stable coins.

I am not sure Libra coin will be a coin that can serve for investment purpose and many people you see in crypto today other than the utility part of it comes for investment, so Libra may not get much investors.

Prettygirl01315

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Quote from: Malsetid on July 10, 2019, 06:15:19 AM

Quote from: suvo05 on July 07, 2019, 02:09:14 AM

Quote from: CryptoTech_ on July 07, 2019, 12:55:42 AM

Quote from: ?? on ??

If Libra has been released, certainly not everyone will also move or invest there. People will still invest in bitcoin or altcoin. Sure enough, many people focus on Libra because the association in Libra is a big company. Sure enough, they are indeed extraordinary and Bitcoin will be the main one in crypto.

No one will move the investment, but many new people will arrive and this will greatly impact the development of bitcoin and altcoin
To be honest I was very impatient for the launch of Libra

I think there will be no option for investment in Libra. They are certainly not going to distribute the token via any ICO. And the Libra will not be sold any exchange like the other cryptocurrencies. And they also trying to make the coin price stable. So what's the point to invest in Libra coin?

I think they'll release some of it to the public. But not before they they let big investors dig in first. And yeah, i think you're right. Indon't expect that much movement from libra as it will more likely be a stable coin like usdt. Which will make it less attractive to small investors. Bitcoin will still be bitcoin though. When it comes to market dominance, libra would have a hard time even competing with top alts like ether and ripple.

Libra right now are trying to rip off our money due to the hype of the partnership that is trying to help the LIBRA to be successful overall bitcoin is still the best on it comes to this situation

Malsetid

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Quote from: suvo05 on July 07, 2019, 02:09:14 AM

Quote from: CryptoTech_ on July 07, 2019, 12:55:42 AM

Quote from: ?? on ??

If Libra has been released, certainly not everyone will also move or invest there. People will still invest in bitcoin or altcoin. Sure enough, many people focus on Libra because the association in Libra is a big company. Sure enough, they are indeed extraordinary and Bitcoin will be the main one in crypto.

No one will move the investment, but many new people will arrive and this will greatly impact the development of bitcoin and altcoin
To be honest I was very impatient for the launch of Libra

I think there will be no option for investment in Libra. They are certainly not going to distribute the token via any ICO. And the Libra will not be sold any exchange like the other cryptocurrencies. And they also trying to make the coin price stable. So what's the point to invest in Libra coin?

I think they'll release some of it to the public. But not before they they let big investors dig in first. And yeah, i think you're right. Indon't expect that much movement from libra as it will more likely be a stable coin like usdt. Which will make it less attractive to small investors. Bitcoin will still be bitcoin though. When it comes to market dominance, libra would have a hard time even competing with top alts like ether and ripple.

Perfect35

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If Facebook as popular as it is, could not protect the data of its users and carelessly allowed it to be stolen by some internet fraudsters, what then does it want to sell.
Whatever it intends to do as regards the libra coin, will require that users submit their personal details in the name if kyc.
Considering this, how then will I agree that it is better that bitcoin?

42K

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There's absolutely no way Libra can compete or be compared with bitcoin because in my opinion, bitcoin is still the top leading crypto coin ever created. No coin can take that away from bitcoin even until now. Perhaps Libra has a chance to grow and become a valuable coin like bitcoin later. Who knows?

Moiyah

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Quote from: Prettygirl01315 on July 05, 2019, 11:06:05 PM

Well libra is made by mark its already in the conclusion that all the information of the people on the world are handled with them because of their facebook sending them a KYC is not needed because they have the right information on there sleeves

At some point, as OP stated authorities are more worried about the data issues than the investors itself. There are certain people who are waiting for the Libra coin to be released soon. Considering it is a coin from Facebook and fb is a pretty popular thus more investors are looking forward about it. Hence, no need to compare bitcoin vs libra coin. They are far different.

kindbtc

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Whatever they do libra will be such a currency that will be massively centralized even the governments and agencies will try to gain full control over it as they are already trying to do it, where as, i still regard btc as the best longterm hodl and the best alternative investment to date and im happy that something like btc is available now which has broken the monoply of stocks, forex, commodities and real estate sector.

Gabteb

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I think we don't need to make vs and look at this situation from another side its a big step for the crypto world as billion will see crypto is real very real if big company like Facebook do this then they can freely buy other cryptos too its good news i think not bad.

novusordo

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The Bitcoin Is incomparable to any altcoin. No matter how technologically advanced libra may seem to be. The reason is that bitcoin is the mother of cryptocurrency and all emphasis draw from it thus expressing a huge psychological advantage on the crypto ecosystem

pixie85

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Quote from: tiedcoin on July 05, 2019, 10:17:30 PM

Despite the negative headlines accusing Facebook of harvesting their user’s data, the public doesn’t seem to care, but the authorities most certainly do.

Reading the headlines and skimming through the articles, it would be easy to come to the conclusion that Facebook had directly stolen the data, but that is not the case.

Facebook is being shielded by government agencies and you don't see the facts coming out because they control it and mitigate the damage.

FB coin is just another attempt to steal more data and know what when and where you are buying. Also it will lower the number of potential crypto investors because they will have a substitute in the form of a fake centralized crypto: Libra.

Pab

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There is not any Libra vs Bitcoin to me
First Libra is not launched yet and Libra is facing huge regulatory hurdles now
Second Libra will run on blockchain but Libra is not decentralized so because of that it is not cryptocurrency .Third Libra will be kind of stable coin
There is many concern about Libra becouse of privacy and security
Libra can experience problems from regulators because Libra is Swift competition
Already China has his own payment system Russia as well and EU decided to built his own running on blockchain .So USA is losing control over money transfer .Libra can be too much
If Libra will launch Libra will nicely support bitcoin and crypto from the one simple reason market cap will be much higher and will be more liquidity

sri.bima

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From the track record, we are actually very easy to judge Libra and compare it with Bitcoin. I know that Libra has a great opportunity to attract the attention of new users or investors, but not to defeat Bitcoin. Bitcoin will forever be the crypto king and the most popular of all time. Thank you very much!

Kevlar

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I believe that LIBRA and Bitcoin are by no means enemies and competitors! On the contrary, LIBRA will help attract new investors to the cryptocurrency market, while its price will be fixed as it is planned that LIBRA will be a way of payments in their eco-system. Thanks to this project Bitcoin will only grow!

pinoy.bolanon

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Me, i have nothing to compare of the two, just because they have different use cases, but i would still prefer to have a bitcoin rather than a stable asset which is a fixed value, or a stable coin, but if its can be available to liquidate in any types of platforms, then it would be easy for us to have it, and another, its a form of money with fixed value, if we want to purchase something online, then why not have a facebook coin libra.

styca

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I don't particularly like Facebook, and I don't see it as a threat to bitcoin. What it might do however is kickstart mainstream adoption. Facebook has billions of users. There is a chance that a decent proportion of the world's population might use their coin.

pishite

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Another coin that bypasses bitcoin. How many of them have already been and everyone said that they will be worth more Bitcoin. And in fact we will receive a coin that can be bought only after confirming your identity, and not everyone will invest in it.

Samboo

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Bitcoin is a king coin and it has created much impact on the people. Its popularity has spread so much that people know only bitcoin when it comes to cryptocurrency. Bitcoin is a parent coin. But I do not mean that I detest Libra by supporting bitcoin. Libra can also have a great impact on the people and will become popular. I think Libra will also become successful.

Topic: Bitcoin vs Libra (Read 324 times)