Topic: Facebook is raising money for Facebook Coin - page 7. (Read 1430 times)
Facebook and other teams will still come to monetize via Crypto. blockchain Technologies are the future. Therefore, we are waiting for a lot of amazing things. Once acknowledged as the official Cryptocurrency of the power, it's a breakthrough.
Yes, I read that the issue of the coin is expected in the next six months. Let's see, what will come of it. At least, Facebook has a big advantage - it is a huge audience that will most likely support the release of cryptocurrency.
If this is true then it will be so huge but I feel Facebook is late, if they had come up with this like mid 2017 to mid 2018. They would have been cool. But with the majority of investments leaving ICO investments, I can't say
Facebook is not raising money for a coin. It is the dominant social network and billions of dollars in profit. In fact, their MO is to buy up existing small cap companies witha lot of potential. So it's bullshit to hear they are fundraising for anything actually.
Facebook coin doesn’t even need much campaign for it to actually be widely known, Facebook is the campaign itself and its community is more than enough to shoot its coin to the moon.
Facebook might also end up operating on a less volatile market since it is going to be created for utility purpose within its community, but I strongly agree with you that despite all the strength that lies in Facebook coin, it cannot still overtake BTC, Facebook coin can only work as utility coin within its community while Bitcoin crosses across all communities and used for payment generally, since Facebook coin will be limited to its product payment operation alone, it will never be a threaten to bitcoins hence raising funds and all are nothing to me.
Facebook might also end up operating on a less volatile market since it is going to be created for utility purpose within its community, but I strongly agree with you that despite all the strength that lies in Facebook coin, it cannot still overtake BTC, Facebook coin can only work as utility coin within its community while Bitcoin crosses across all communities and used for payment generally, since Facebook coin will be limited to its product payment operation alone, it will never be a threaten to bitcoins hence raising funds and all are nothing to me.
Too late. They most likely missed the crypto train. Banning crypto ads and accounts damaged their reputation and it wasn't already in a good shape before it.
It will still create some hype however. It still has a name which is worth millions of dollars. Just a name...
It will still create some hype however. It still has a name which is worth millions of dollars. Just a name...
They made a big mistake because they were banned crypto ads, now they want to make coins so it's like a funny thing, maybe this will be a failed project for them.
Facebook already has a name, and if peradventure they truly announce their intention on creating a coin, a lot of people will be happy about this development, at least now that they have joined in the adoption stage too, they will have no reason to ban other ones, people are strictly interested on what they can benefit and not what Facebook stood against, I was not happy too during those time they were banning some crypto accounts but if I see their coin now, I will invest massively in it.
Does Facebook need more funding? I find this strange but I will be happy to read Facebook’s white paper. Hopefully, Facebook’s move will attract and educate more people about crypto.
Facebook has a very large community, if not the largest amongst all social media platform, their coin will really go a very long way in the cryptocurrency world and I see it probably becoming the second largest coin in the whole world displacing Ethereum of its position but I really doubt if it has the power to do so to Bitcoin, Bitcoin is mostly number one choice of any investment when it comes to cryptocurrency, they trusted more in BTC than any other coin, when Facebook finally releases its coins which we are all waiting for, I am sure investing in FB coin will also have a way of boosting the value of BTC if its being paired together.
Does Facebook need more funding? I find this strange but I will be happy to read Facebook’s white paper. Hopefully, Facebook’s move will attract and educate more people about crypto.
I wish this news could be genuine and real. But I do not think Facebook is launching its own stablecoin. But what is the fact is that it is becoming positive about cryptocurrency after coming heavily down on cryptocurrency in the past. Facebook, the giant social networking site, launching its own stablecoin will bring cheers in the cryptocurrency arena. It will also make the market become stable. Not only Facebook, other organisations, which were vocal of cryptocurrency in the past, are supporting it.
Can someone just please explain to me what Facebook coin will be used for ? Because I think it doesn't make sense to released a coin for Facebook ,if every one keeps saying Facebook coin will grow better are they saying that because of Facebook popularity as a social media ? Will the coin be used for means of payment? Well we have thousands of coins for means of payment ,it doesn't make sense
i think facebook coin will be strong enough to survive in bear market today, it will be one of top 10 coin because facebook have many user on their platform.
Facebook is late in the cryptocurrency industry but when facebook start their own coin everybody speculating about their own mind on facebook coins future i personally feel facebook coin is just a centralised coin they are developing for their future
Not really that late, they came in the right time however their decision seems vary from time to time. If I remember correctly, on 2017-2018 they seems to ban crypto ads and banning facebook account that promotes crypto project. But this is a great news in cryptocurrency as a whole, it can bring more users and believers.
Nothing is ever too late in life and I don't think Facebook is late in creating their own coin. What I am yet to be clear from is the fundraising which worth billion of dollars. Is it to serve as collateral? nobody knows we are all just waiting for the drama the will come out of this but I don't see it replacing Bitcoin in any sort
Facebook is late in the cryptocurrency industry but when facebook start their own coin everybody speculating about their own mind on facebook coins future i personally feel facebook coin is just a centralised coin they are developing for their future
I don't think it's too late for Facebook to issue their coins, Facebook's popularity occupies the world's first social media, which automatically when they issue coins can challenge Bitcoin. And they have clear regulations, this will be more value for Facebook coins in the future
They are creating Face coin for payments on WhatsApp and Messenger. We do not know at this moment if it will be on blockchain. They are raising 1$ billion funds and it should be a stable coin. It will be a competitor to PayPal rather than for BTC.
I've heard about this years ago, and it is not shocking that facebook will adapt cryptocurrency. However, I think they have missed their chance to gather more funds since most investors are keeping away from investing due to the losses they have incurred when bear-market started.
Facebook has a lot of money, but they understand that raising money is the norm in crypto, and if they raise money they will have some money to back up their stable coin that doesn't come from their main Facebook business, I think it is great that Facebook will have real money to back up their stable coin. They will not have enough dollars to back each coin, but they will have enough dollars to keep their Facebook coin stable.
Too late. They most likely missed the crypto train. Banning crypto ads and accounts damaged their reputation and it wasn't already in a good shape before it.
It will still create some hype however. It still has a name which is worth millions of dollars. Just a name...
Only to those 0% knowledge about blockchain tech or crypto would surely jump in into this hype but for those people who are fully aware on what FBIt will still create some hype however. It still has a name which is worth millions of dollars. Just a name...
did in the past will surely pass or would just simply ignore this thing.Why they do raise up money? They can sustain it on their own with just relying on their
revenue.They are just too greedy actually.
O% knowledge people wont jump and invest on it but the ones that are expected to invest are the ones that have already knowledge on cryptocurrency because they are the ones that understand how a crypto coin work . and what did fb did on the past ? The banning of crypto related contents ? well past is past .
maybe they did it because they dont want people to invest on other crypto coins rather they only want people to invest on their own coin . lastly , your right they are greedy . why would they need to do ico and collect funds from the public when we all know that fb makes milions a day ?
Too late. They most likely missed the crypto train. Banning crypto ads and accounts damaged their reputation and it wasn't already in a good shape before it.
It will still create some hype however. It still has a name which is worth millions of dollars. Just a name...
Only to those 0% knowledge about blockchain tech or crypto would surely jump in into this hype but for those people who are fully aware on what FBIt will still create some hype however. It still has a name which is worth millions of dollars. Just a name...
did in the past will surely pass or would just simply ignore this thing.Why they do raise up money? They can sustain it on their own with just relying on their
revenue.They are just too greedy actually.
Others are saying that it's too late for facebook to launch their own coin and gather that much market cap to start. Well, it's true that they are late but you know what, investors are always riding the hype. Facebook sure is a big company and people will still invest on it knowing that they are facebook. With billions of users all over the world, the use case is big for the coin itself excluding the outside the platform transaction. It is a stable coin so don't compare it to bitcoin as a store of value.
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