Topic: Facebook Cryptocurrency - page 12. (Read 10289 times)
The threat is just the privacy issue for the fact that facebook has done it before. For someone with a ton of money in crypto would be threatened to come to the platform because browsers are used to collect data. Libra can help the crypto market, this is true amazing for crypto users. With the billions of users, this price spikes today I think is because the announcement of facebook.
I dont think it will hurt BTC maybe xrp but its a big promotion for crypto and BTC so i think Libra just is another step of adoption and as i understand its a very big step for BTC and hole crypto market as after that billions would know about this.
I have heard that facebook will have a project so it's likely to say that many will be interested in the facebook crypto project and I'm sure many investors will invest in facebook ieo.
Exactly I see the Facebook coin to be a survival of the fittest as so many people are very much interested in grabbing it. The big investors will have a much advantage but hopefully we can still grab some
They were grouping up with big investment from private investors.I believe there is no public route cell for normal people who wish to invest and Libra coin.
Today I have came across the white paper of Libra coin as well as gone through their website. It is already available project but since it is a centralised medium take and make the promotion on their platform directly. It will definitely push Facebook coin to high position once it has been launched.
I have heard that facebook will have a project so it's likely to say that many will be interested in the facebook crypto project and I'm sure many investors will invest in facebook ieo.
Exactly I see the Facebook coin to be a survival of the fittest as so many people are very much interested in grabbing it. The big investors will have a much advantage but hopefully we can still grab some
They were grouping up with big investment from private investors.I believe there is no public route cell for normal people who wish to invest and Libra coin.
Today I have came across the white paper of Libra coin as well as gone through their website. It is already available project but since it is a centralised medium take and make the promotion on their platform directly. It will definitely push Facebook coin to high position once it has been launched.
I have heard that facebook will have a project so it's likely to say that many will be interested in the facebook crypto project and I'm sure many investors will invest in facebook ieo.
Exactly I see the Facebook coin to be a survival of the fittest as so many people are very much interested in grabbing it. The big investors will have a much advantage but hopefully we can still grab some
Business competition that is starting to appear now,, And I am more convinced that later only bitcoin and altcoin will survive even though Facebook is one of the most popular social media of any kind..
Blockchain Facebook should change the world and the very concept of cryptocurrency. With the introduction of this blockchain into life, everyone who actively uses a social network will be part of a large crypto community in the world. 
Business competition that is starting to appear now,, And I am more convinced that later only bitcoin and altcoin will survive even though Facebook is one of the most popular social media of any kind..
Once people will understand more about the project, they will realize it will not become a threat but instead a hep to help bitcoin and the entire market crypto. We just think that Libra is adding value to the market, the problem with some people are just so dumb enough to make easy conclusion even without researching first on what Libra can bring to the market, they think anything that would come would be a threat.
Libra cannot be considered a threat to Bitcoin and crypto, since it's centralized in every way. It's not even comparable towards traditional cryptocurrencies, since there's no censorship-resistance or immutability. Facebook will be considered the sole owner of Libra's blockchain ledger. This means, that it can do whatever it desires among people's transactions in a similar fashion as a traditional Bank.
Despite the facts, if Facebook's Libra cryptocurrency proves to become successful in the future, then it would bring a huge boost towards Blockchain adoption within the mainstream world. Libra won't be able to stand a chance against existent decentralized cryptos like Bitcoin and Ethereum, but it'll complement them in every way. This will bring some level of exposure towards people worldwide, allowing them to make better use of crypto and Blockchain technology.
Nonetheless, the existence of Facebook's cryptocurrency will be highly controversial as Banks and governments worldwide become threats of the same. They will not allow an alternative digital currency to take over Fiat anytime soon. Hence, Libra could just be an experimental ground for the world's upcoming global digital Fiat currency within the not-so-distant future. Just my thoughts
I am determined to buy FB coin Libra even though it is not available yet. I hope it is available on exchanges where i can buy easily.
Will it be a threat to BTC and other altcoins? I am afraid that the prices of BTC and other altcoins will go down. It makes me hesitate to buy some currencies like TRX currently.
Will it be a threat to BTC and other altcoins? I am afraid that the prices of BTC and other altcoins will go down. It makes me hesitate to buy some currencies like TRX currently.
If you are really interested to buy Libra, then you must have already made yourself familiar with it. As of now, I can see that you really do not know anything about Libra at all. Libra is intended to be a stablecoin. Now, tell me, how could you make a huge profit out of it? A stablecoin does not move like Bitcoin and other alts. From the name itself, it remains stable.
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What? Never will the Libra coin would be a threat to bitcoin and to some other altcoins. Have you already read their platform and their project's objective? They will be dealing with payment options and financial system in other words, Libra coin is a stable coin. Not will be a threat and would not be the reason for the bitcoin's price and other coins to go down.
that is true, they will not be a threat to other crypto. it might even be an asset that provides support to other assets. I can't wait for next year where this coin will be officially published in exchange. I am determined to buy FB coin Libra even though it is not available yet. I hope it is available on exchanges where i can buy easily.
Will it be a threat to BTC and other altcoins? I am afraid that the prices of BTC and other altcoins will go down. It makes me hesitate to buy some currencies like TRX currently.
Will it be a threat to BTC and other altcoins? I am afraid that the prices of BTC and other altcoins will go down. It makes me hesitate to buy some currencies like TRX currently.
What? Never will the Libra coin would be a threat to bitcoin and to some other altcoins. Have you already read their platform and their project's objective? They will be dealing with payment options and financial system in other words, Libra coin is a stable coin. Not will be a threat and would not be the reason for the bitcoin's price and other coins to go down.
If they have to distribute their coin I think they'd be doing it on facebook itself. The users who had verified accounts and had submitted documents to facebook and connect thru thier mobile. Its going to make their job easy that way. When their libra is up, you can buy easily when you have done all these.
Binance has announced that it will be posted on its exchanger. And I think all major exchangers will be publishing Libra Coin because of the potential for large trading volumes. The crypto market will be more attractive if large exchangers start trading Libra coin and there will be many large investors who will enter the crypto market
During this hype period, it is every obvious that a whole lots of people would be initiated into the cryptocurrency market, and as we all know that what a lot of us are here for is mostly the benefit aspect of it in terms of investment. Normally payment should have been the major target, but as volatility is still present, people want to quickly take advantage of it to make as much as they can make.
There's a lot of hype around Libra and facebook's involvement in crytocurrency in general. For a good reason it's getting people talking and really interested in how it will effect the space. While it may be good for people in third world countries I think for the greater good it ruins people's privacy
This is the main issue in using this libra coin, your own privacy. But if people is not worried that this company will know every step of their daily lives, then go for it. But I don't agree with the OP that this will be a threat to bitcoin or other altcoins. For those who value their privacy, they will not abandon bitcoin or any other altcoins that promote anonymity. And libra, being centralized, I don't think many crypto users are in favor of this feature. So nope, even though there are a lot of hype surrounding libra, it won't be a threat to bitcoin.
Bitcoin as the main crypto and best commodity so far will never be abandoned.
I think facebook coin is a big threat to other crypto currency specially to bitcoin and altcoin whose on the peak of the crypto chart. First facebook coin don't need a marketing strategy because from it's name facebook people already know and continue to support facebook all over the world so they can also trust to invest in facebook coin and I think time will come that this will be affect the bitcoin's price.
If they have to distribute their coin I think they'd be doing it on facebook itself. The users who had verified accounts and had submitted documents to facebook and connect thru thier mobile. Its going to make their job easy that way. When their libra is up, you can buy easily when you have done all these.
Binance has announced that it will be posted on its exchanger. And I think all major exchangers will be publishing Libra Coin because of the potential for large trading volumes. The crypto market will be more attractive if large exchangers start trading Libra coin and there will be many large investors who will enter the crypto market
Buying it for what reason?
It is a damn stable coin and it will just have the same value as USD.
You will buy it with $1 and after a year it will still be the same. So what happened?
Dont get draggeed by the hype, man. You will just drown with them afterwards.
It is a damn stable coin and it will just have the same value as USD.
You will buy it with $1 and after a year it will still be the same. So what happened?
Dont get draggeed by the hype, man. You will just drown with them afterwards.
No, I do not think that FB coin will be any threat to Bitcoin. Most likely, on the contrary, it will have a positive effect on the crypto market as a whole, as more people will begin to be interested in crypto currencies.
Once people will understand more about the project, they will realize it will not become a threat but instead a hep to help bitcoin and the entire market crypto. We just think that Libra is adding value to the market, the problem with some people are just so dumb enough to make easy conclusion even without researching first on what Libra can bring to the market, they think anything that would come would be a threat.
No, I do not think that FB coin will be any threat to Bitcoin. Most likely, on the contrary, it will have a positive effect on the crypto market as a whole, as more people will begin to be interested in crypto currencies.
I think Facebook LIBRA will play an important role in the cryptocurrency regulation, but it will not be an "enemy" of Bitcoin. Instead, it will attract new investors to crypto who will also be interested in BTC.
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