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Topic: Facebook plans to launch 'GlobalCoin' currency in 2020 (Read 552 times)

sr. member
Activity: 630
Merit: 250
Glad to see you
I am very cautious about this coin and the project as a whole.  I do not think that this will make something sensible.  Better not to hope for it.
hero member
Activity: 2828
Merit: 575
Leading Crypto Sports Betting & Casino Platform
Facebook is finalising plans to launch its own crypto-currency next year.

It is planning to set up a digital payments system in about a dozen countries by the first quarter of 2020

https://www.bbc.com/news/business-48383460

Sounds old, but this might be true this time.

It's currently the biggest headline in the cryptocurrency community, and that a dozen countries will eventually grow to 50 or even more, we know how good Facebook marketing is, everything they introduced become a duck that lays golden eggs for Mark Zuckerberg and it's investors.
hero member
Activity: 2492
Merit: 582
Leading Crypto Sports Betting & Casino Platform
Facebook is finalising plans to launch its own crypto-currency next year.

It is planning to set up a digital payments system in about a dozen countries by the first quarter of 2020

https://www.bbc.com/news/business-48383460

Sounds old, but this might be true this time.
This time it's really true, they are making headlines everywhere, so we can expect the realization of that new coin before the end of the year, in time for Bitcoin halving, I have a strong belief that these two big headlines will help Bitcoin reach a new all time high.
I am very sure that it is going to be an epic battle between Facebook coin and Bitcoin is days to come. Only time will decide the winner but according to experts, this Facebook coin is going to be Bitcoin Rival which means that making use of its great user base, Facebook is looking forward to making great money with their coins as much as $9 billion annual. In the ends, it is the crypto circle that gets extended.
hero member
Activity: 849
Merit: 507
Global Coin! Great, another shit coin is going to be dumped into the crypto industry. i bet anybody would invest into this coin, what is going to be the use case anyway (facepalm!)
hero member
Activity: 938
Merit: 500
https://youengine.io/
Facebook is finalising plans to launch its own crypto-currency next year.

It is planning to set up a digital payments system in about a dozen countries by the first quarter of 2020

https://www.bbc.com/news/business-48383460

Sounds old, but this might be true this time.
This time it's really true, they are making headlines everywhere, so we can expect the realization of that new coin before the end of the year, in time for Bitcoin halving, I have a strong belief that these two big headlines will help Bitcoin reach a new all time high.
I wonder how the market will react to coins from such Giants as Facebook. I think that the market may change and we will see other leaders in capitalization.
legendary
Activity: 2450
Merit: 1047
thecryptocurrency.directory
Facebook is finalising plans to launch its own crypto-currency next year.

It is planning to set up a digital payments system in about a dozen countries by the first quarter of 2020

https://www.bbc.com/news/business-48383460

Sounds old, but this might be true this time.
This time it's really true, they are making headlines everywhere, so we can expect the realization of that new coin before the end of the year, in time for Bitcoin halving, I have a strong belief that these two big headlines will help Bitcoin reach a new all time high.
hero member
Activity: 1036
Merit: 500
Facebook is finalising plans to launch its own crypto-currency next year.

It is planning to set up a digital payments system in about a dozen countries by the first quarter of 2020

https://www.bbc.com/news/business-48383460

Sounds old, but this might be true this time.
Facebook has offices virtually in most parts of the world where they are operating and we know that Facebook platform is a platform used globally, so if Facebook is creating a coin, it will surely be used by its users in different part of the world, but that doesn’t mean it will be a global currency as people claim it will be.

Whatever coin Facebook is going to create will be a stable coin to be used by its business members because I don’t see how useful it will be to an ordinary user since the coin will be a stable coin purposely or their system and not a general utility coin like BTC or ETH.
This is a great start of crypto contest in the crypto space. Experts call the coins that will be launched by Facebook as “Bitcoin Rival” which means that they think it will give Bitcoin a tough time in the market. In addition, it is going to add extra $9 billion dollars into the annual revenue of Facebook making it the only social media platform with great revenue.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
If is truely happen that that new coin of facebook will launch, I think there is a new competitor or I can say that bitcoin has a huge and strong competitor. Because all we know that facebook don't need to advertise if they launched their own coin because they are already popular so people will surely adopt that coin.
If possible, this coin will certainly have a very large market capitalization and will attract many investors around the world to invest in this market. I think this is a prediction that will happen in the near future because Facebook is one of the top 10 largest companies in the world and GlobalCoin coin will be the most suitable opponent to defeat Bitcoin in the near future.

Indeed, with many users around the world, facebook could be smartest company. When globalcoin launch, investor must be want to invest and facebook marketplace will use global coin. When its already launch, i think invest in global coin is profitable

It could happen, especially if the investor has believed facebook and globalcoin, so they will invest the money with them. But as they already see that many projects became a scam and some of the investor still worried to get scam again. Maybe some of the investors will invest with facebook, and the other will take a look at the progress before they invest. They don't want to make the same mistake as before, and they need to see first.
full member
Activity: 1498
Merit: 146
I think they also like to invest in Crypto field that's why they are trying to launch their new coin for their future if it was successful one day then the other companies like Facebook will ready to enter into this once it has been launched with enthalpy lots of scope will be created by the normal people also with the help of cryptocurrency field.
member
Activity: 756
Merit: 12
If is truely happen that that new coin of facebook will launch, I think there is a new competitor or I can say that bitcoin has a huge and strong competitor. Because all we know that facebook don't need to advertise if they launched their own coin because they are already popular so people will surely adopt that coin.
If possible, this coin will certainly have a very large market capitalization and will attract many investors around the world to invest in this market. I think this is a prediction that will happen in the near future because Facebook is one of the top 10 largest companies in the world and GlobalCoin coin will be the most suitable opponent to defeat Bitcoin in the near future.

Indeed, with many users around the world, facebook could be smartest company. When globalcoin launch, investor must be want to invest and facebook marketplace will use global coin. When its already launch, i think invest in global coin is profitable
sr. member
Activity: 493
Merit: 250
Don't trust "BBOD The Best Futures Exchange"
If is truely happen that that new coin of facebook will launch, I think there is a new competitor or I can say that bitcoin has a huge and strong competitor. Because all we know that facebook don't need to advertise if they launched their own coin because they are already popular so people will surely adopt that coin.
If possible, this coin will certainly have a very large market capitalization and will attract many investors around the world to invest in this market. I think this is a prediction that will happen in the near future because Facebook is one of the top 10 largest companies in the world and GlobalCoin coin will be the most suitable opponent to defeat Bitcoin in the near future.
full member
Activity: 2240
Merit: 175
#SWGT PRE-SALE IS LIVE
Facebook is finalising plans to launch its own crypto-currency next year.

It is planning to set up a digital payments system in about a dozen countries by the first quarter of 2020

https://www.bbc.com/news/business-48383460

Sounds old, but this might be true this time.

I am very active on Facebook I wonder if they are going to do airdrop, and what algorithm, they are going to use, are they are going to create their own chain since they have all the means to do this and will they do a bounty campaign, of course, everybody wants to get this coin.
full member
Activity: 616
Merit: 100
If is truely happen that that new coin of facebook will launch, I think there is a new competitor or I can say that bitcoin has a huge and strong competitor. Because all we know that facebook don't need to advertise if they launched their own coin because they are already popular so people will surely adopt that coin.
fvb
member
Activity: 1470
Merit: 13
As I understand it, they want to pay for viewing advertising with their own cryptocurrency.  The idea is not new, but promising, especially for such a giant as Facebook.  For me, Telegram's idea is more interesting, let's see what happens.
member
Activity: 493
Merit: 28
I'm sure that this 'GlobalCoin' will be centralized, the aim for this token/coin is smooth the transaction that happen in Facebook whether is for ads/donation. But I'm hype with the adoption, blockchain and crypto will become mainstream.
jr. member
Activity: 86
Merit: 4
Well if the Facebook team can withstand the pressure and imposition am sure the US government will impose on them, then probably this dream would come to pass.. It's great news in my opinion coupled with news that telegram would be releasing it's own currency in the third quarter of this year.. I think mass adoption is here already...
full member
Activity: 402
Merit: 101
I think not only Facebook but maybe there will be many big companies and others launching their own crypto currency, whether it is googlecoin or something else, but I am glad that there is a lot of good news in 2019 so that trust returns to investors, I've read the news  Cool
 
sure, i have the same think like you man, in 2021 is a new ATH for bitcoin because many big company are entering blockchain industry and this situation can affected bitcoin price in future
sr. member
Activity: 812
Merit: 250
Despite the fact that the Facebook Coin may be centralized to enable monitoring and control by Government it will surely go a long way to preach the gospel of cryptocurrency and further endear it to millions of people who are members of Facebook and WhatsApp ecosystem
jr. member
Activity: 574
Merit: 1
There is no doubt Facebook has capability to launch his own coin. But l am confused for that face book had banned the advertisement for crypto  currency. Then how can manage its own coins, whenever maybe coins related to crypto currency. Because crypto currency had reached the peak point of popularity.
legendary
Activity: 2674
Merit: 1048
Facebook has announched this program and will come true, but I doubt most people who use this coin for payment system. It will be good if many people uses this coin because it's trestle for most people to know the real cryprocurrency especially the coin who has decentralized system. Sometimes we need a decoy to attack many people to know cryptocurrency and at least to change their perspective againts cryptocurrency who previously thought that cryptocurrency was a trifle money or even a place of fraud. The facebook's user are a rif and even for the citizen of US they has considered that Global Coin is the solution for payment system instead cryptocurrency.
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