Could Facebooks LIBRA coin destroy Bitcoin? - page 2.

arjuna BTC

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Quote from: arufox on June 24, 2019, 12:18:07 PM

This is funny, do you think new coin can destroy bitcoin?? Even no2 Coin, ethereum cant destroy bitcoin. And you must know bitcoin is mother of coin, the main coins so he cant to destroy. I dont interesthing with libra because i see libra is fixed price, bad choice for invest

if libra price is fixed, thats mean libra is a stable coins, just like USDT and others stable coins
and thats mean libra price will never beat the bitcoin price, and i'm sure bitcoin will always become the king of cryptocurrency Wink

arufox

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This is funny, do you think new coin can destroy bitcoin?? Even no2 Coin, ethereum cant destroy bitcoin. And you must know bitcoin is mother of coin, the main coins so he cant to destroy. I dont interesthing with libra because i see libra is fixed price, bad choice for invest

Genkotsu

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Libra is never and never destroy Bitcoin.
Bitcoin is father of all cryptocurrency and no coin will overtake him.
And you know Libra is just very young coin with Facebook branded, i don't really know how Libra will get win and can beat Bitcoin.

plainsight

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Quote from: JayCue on June 24, 2019, 10:19:48 AM

Facebook is the top and obviously the most popular social media out there, but it could never destroy Bitcoin with its crypto - Libra.
All is just a hype people!

Totally agree with you

JayCue

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Facebook is the top and obviously the most popular social media out there, but it could never destroy Bitcoin with its crypto - Libra.
All is just a hype people!

Mikcik

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LIBRA cannot overcome Bitcoin, especially in the next one or two years. Because Facebook doesn't have to create a coin to cross Bitcoin, they create a separate coin to serve their system and platform

cytpoway121

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Quote from: ?? on ??

Libra will never destroy bitcoin. Libra in the future will become a strong cryptocurrency such as ether, BNB, but Bitcoin is beyond its power, at least in the next few years.

Bitcoin is not only the king of altcoins and crypto currency
It is the best and strongest and Facebook coin will only follow its path
No reason to spread fud at all

shadowdio

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No, it can not destroy bitcoin, why do you think that? it's because facebook company behind it?, there is no chance to destroy bitcoin, because libra coin is just ordinary altcoin.

plainsight

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Good point but we can speculate on what the outcome will be. We have some information to go on in the meantime.

DainSLane

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It hard to say that libra coin can destroy bitcoin since libra coin has not officially in the market and i think before the libra coin destroy the bitcoin maybe there is many problem facing into it in the future before libra coin destroy the bitcoin.

oioi

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Quote from: Cacingkemi on June 23, 2019, 11:46:16 AM

Libra coin destroys BTC? In terms of where BTC can be destroyed by new coins, is it about price or popularity? Facebook has indeed become the top social in industry media social, but BTC has also become the TOP coin in the crypto industry so according to me, all each has a place presence in the eyes of interested people and the community so BTC will not be destroyed easily Wink

.

I really agree with your opinion, because they have their own community still,
btc will never lose, btc remains the number 1 coin of all altcoins in the world.

MUG1WARA

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libra has been popular for a few weeks but why should you compare it to bitcoin? it's too high, so far many coins say it will replace bitcoin but in reality there is never a coin that defeats bitcoin as well as libra, which will never defeat or replace bitcoin

Xclusive5

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Libra coin cannot in anyway destroy bitcoin. The coin can only build up on the lapses of the existing blockchain technology. Libra is also an altcoin and I don't see it as anything that can destroy bitcoin because it will be behind bitcoin.

Emilyp

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Libra is just another coin which it's survival will be dependent on the state of bitcoin, whether it's pumping or dumping. So I don't see how it could destroy bitcoin.

tabas

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I usually don't watch podcasts but if you have watched it, you can include those brief explanations that speaker has mentioned for each topic and question that you have included.
Why there are people who are thinking that Libra could literally dethrone bitcoin from its position?

jarhed

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Quote from: AgentZero23 on June 23, 2019, 03:31:46 PM

Libra will be another alternative coins same and would probably be in top 5 when it launched. I would definitely buy some libra and used it as payment and remittance. I don't think Libra will destroy Bitcoin as many investors will always preferred bitcoin because it's decentralized.

I do not see the possibility of Facebook to beat Bitcoin. In the coin LIBRA you need to throw a lot of money into advertising and its promotion.

AgentZero23

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Libra will be another alternative coins same and would probably be in top 5 when it launched. I would definitely buy some libra and used it as payment and remittance. I don't think Libra will destroy Bitcoin as many investors will always preferred bitcoin because it's decentralized.

dolores13

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Libra coin is a stable coin its value linked to a basket of currencies such USD.... and it will be centralized (private nodes) which means it is far from being a true decentralized cryptocurrency, obviously its a toy of bankers....

Bitcoin BTC will remain Top 1 forever.

DebitMe

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I feel like each day Libra coin becoming a possibility is less and less. Law makers are jumping all over the thing and just seem like they will kill it eventually. Either way, it will only help bitcoin in the long run.

Menawi12

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Quote from: asyakashi on July 11, 2019, 07:37:33 PM

there is nothing to worry about.
Bitcoin cannot be compared to other coins. instead of libra which is predicted to be present in 2020.
everyone is just speculating and guessing. Libra still has many licensing problems.

I agree, bitcoin cannot be compared to other coins including Libra Coin. I think the use of Libra coin is limited to the Facebook platform, different from Bitcoin which can be used with anyone. Libra Coin is not a competitor for bitcoin because bitcoin is a store of value

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