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Topic: Facebook is Developing a Cryptocurrency - page 4. (Read 996 times)

full member
Activity: 645
Merit: 100
December 28, 2018, 04:11:11 PM
#65
As per recent article on Bloomberg , facebook is developing a cryptocurrency that will allow users to transfer money through their whatsapp messaging app and they are first focusing on market in India. They are developing a stable coin-a type of digital currency pegged to the U.S. dollar as bitcoin have high volatile nature.

This is a good thing that big names are moving into crypto world now.

For detailed study go though this article

This may not be true. Why because so obazarom Fasebok can raise the value of the company's shares. All applications must be filtered. As soon as they announce the start of development, I am sure you will see specialists who will create these coins.
More recently, the network means information that will lead squirrels change all the spread of information about cryptocurrency. Trends are changing very quickly and I cannot understand where the truth is, And where lies.


This is an information war. Let's say Facebook says. We are entering new markets. The small factory receives new profits, but in fact does nothing. Cryptocurrency 10 years. Where is the first social network in the world? Has she studied technology? Truth and lies a difficult question. I do not believe them. The started twitter says everything is okay. A pat ban our accounts for the ICO tag.
legendary
Activity: 2072
Merit: 1023
★Bitvest.io★ Play Plinko or Invest!
December 28, 2018, 04:05:53 PM
#64
As for me it's not a surprise. Sooner or later almost every single company will try to use private blockchain technologies due to thier's advantages. But as a real crypto enthusiast I still believe that there won't be anything really useful and more valuable than BTC.
sr. member
Activity: 756
Merit: 250
December 28, 2018, 03:57:45 PM
#63
As per recent article on Bloomberg , facebook is developing a cryptocurrency that will allow users to transfer money through their whatsapp messaging app and they are first focusing on market in India. They are developing a stable coin-a type of digital currency pegged to the U.S. dollar as bitcoin have high volatile nature.

This is a good thing that big names are moving into crypto world now.

For detailed study go though this article

This may not be true. Why because so obazarom Fasebok can raise the value of the company's shares. All applications must be filtered. As soon as they announce the start of development, I am sure you will see specialists who will create these coins.
More recently, the network means information that will lead squirrels change all the spread of information about cryptocurrency. Trends are changing very quickly and I cannot understand where the truth is, And where lies.
jr. member
Activity: 602
Merit: 2
December 28, 2018, 03:51:18 PM
#62
As per recent article on Bloomberg , facebook is developing a cryptocurrency that will allow users to transfer money through their whatsapp messaging app and they are first focusing on market in India. They are developing a stable coin-a type of digital currency pegged to the U.S. dollar as bitcoin have high volatile nature.

This is a good thing that big names are moving into crypto world now.

For detailed study go though this article

This may not be true. Why because so obazarom Fasebok can raise the value of the company's shares. All applications must be filtered. As soon as they announce the start of development, I am sure you will see specialists who will create these coins.
newbie
Activity: 6
Merit: 0
December 28, 2018, 03:07:07 PM
#61
I wouldn't jump on the ship that they are doing it, there have been many, many articles about large companies doing a cryptocurrency and so far they have not come to fruition.

Let's see what happens and until Mark comes out and states it, don't get too excited.
full member
Activity: 938
Merit: 159
December 28, 2018, 06:07:51 AM
#60

so facebook is thinking of developing a stable coin to use through whatsapp seems to me a strange turnaround after all the crypto related advertisements were banned from facebook
full member
Activity: 728
Merit: 110
December 28, 2018, 05:24:17 AM
#59
Let's get back to the roots of crypto - blockchain based database for digital money. The only one project that is like an exception - XRP. I think Facebook could have the same system or even to take XRP for their needs. The purpose of this coin will be payments inside FB only. To pay for the commercial, to send coins between users.
full member
Activity: 527
Merit: 113
December 28, 2018, 04:32:09 AM
#58
this is considerable progress, crypto has been able to lead influential people in the world. but with the founders and great figures in this world we must look forward to what changes they will make.

And do you believe in this post? Seems to be a shilling article that wants to pump the market price. It is very impossible for a guy like Mark Zuckerberg to side on crypto which says a lot of bad stuff about it. If facebook will do actually this, then many will probably happy but its use case? What will be the purpose.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
December 28, 2018, 05:14:20 AM
#58
what Facebook did it will be just a stable coin that will be used inside the Facebook platform. And nothing else

I am not sure if the coins can stable in the crypto market. We see for many examples at the market, many coins cannot stable, and all of the coin price was always adjusted with the bitcoin price. Besides that, Facebook needs to promote their coins to their member at the site, so many people will know about the coin, and they can help to share the coins to other people. Moreover, I think it's difficult to compete with the other coin which has a position in the coinmarketcap list except Facebook can get a mass investor for their project.
sr. member
Activity: 1372
Merit: 322
December 28, 2018, 04:44:19 AM
#57
It will be a totally centralized currency. Majority of the characteristics of cryptocurrency will not be included. So, I would call it only a payment system. For your info, there is a big difference in payment system and a currency. There are a lot of payment system now like paypal, pm and so. The only different is facebook's payment system will be based on blockchain but whatever, it's not a currency.
member
Activity: 434
Merit: 10
December 28, 2018, 04:26:04 AM
#56
a new breakthrough for facebook and this is certainly a good thing. Facebook shows that they support crypto and crypto by issuing itself a pretty good thing from facebook. certainly, with the building have big names could make facebook course with easy to make successful crypto they have.
member
Activity: 252
Merit: 10
December 27, 2018, 05:32:51 AM
#55
If Facebook is going to release its crypto currency, it is going to be the most used crypto within several days. It will boost the industry and lead us to the faster mass adoption. Let us hope that they will release it!
member
Activity: 459
Merit: 10
December 27, 2018, 05:05:50 AM
#54
This must be true information. I believe that many companies are developing their own cryptocurrencies, but they are not listed, they may be listed in the future, and may never be listed. This requires government approval.
hero member
Activity: 1876
Merit: 512
December 26, 2018, 02:18:21 PM
#53
I don't know why people are asking if this is good or not, we are all into crypto and seen things like this from a big company in the space is  a good plus and added another legitimacy to Crypto that crypto has come to stay. If it is a stablecoin them the question I am asking now is how will it be exchanged
hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
December 26, 2018, 02:05:17 PM
#52
I do not know what conceived Facebook. But I do not think that such a financial giant will do something without counting a few steps forward. So this is a good sign for the crypto market.
copper member
Activity: 196
Merit: 0
December 26, 2018, 01:57:50 PM
#51
As per recent article on Bloomberg , facebook is developing a cryptocurrency that will allow users to transfer money through their whatsapp messaging app and they are first focusing on market in India. They are developing a stable coin-a type of digital currency pegged to the U.S. dollar as bitcoin have high volatile nature.

This is a good thing that big names are moving into crypto world now.

For detailed study go though this article
A stablecoin from facebook is a big thing. So more and more people will come in contact with crypto and that is certainly good. It will certainly help that crypto becomes mainstream.
jr. member
Activity: 222
Merit: 2
December 26, 2018, 01:56:55 PM
#50
Yes, they doing it, but probably their token will be some kind of stable coin, so any profits there
hero member
Activity: 2968
Merit: 572
Leading Crypto Sports Betting & Casino Platform
December 26, 2018, 01:52:21 PM
#49
oh really? facebook developing cryptocurrency that's nice, I hope that their crypto can be tradable in any exchanges.
Yes its confirmed by various sources but we can still wait for the announcement of facebook itself.

I'm not against of 'facebook coin' to be traded on different exchange but I hope they are creating that for its sole purpose of their service.
sr. member
Activity: 790
Merit: 261
December 26, 2018, 01:46:12 PM
#48
This might be a interesting concept if this is true as there are millions of Facebook users in the world, so there will be a group of followers for sure there is no doubt in it as a big multi millionaire is interested in block chain people will be willing to buy coins.
full member
Activity: 602
Merit: 100
December 26, 2018, 01:12:57 PM
#47
Yes also heard about this rumor,but until real evidence is not seen,it is certainly possible to say much,but I think we will see in fact already what happens,so they say that Amazon is also their coin releases,and not clear whether 100% or not,but looking at the trend I think that all giants will not miss the opportunity to pour into the market of new
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