Facebook plans to launch 'GlobalCoin' currency in 2020 - page 2.

Tungsten-1

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Quote from: bitgolden on June 07, 2019, 06:34:29 AM

Quote from: wuvdoll on June 03, 2019, 06:10:53 AM

They are just promoting the idea right now not the product. There is no detail about globalcoin at all, hell even the name could be changed eventually, however there is just one thing for certain, facebook is starting a crypto currency of their own. That information is legit and it will happen unless they cancel it, I mean that is still possible but aside from that they will definitely have a crypto currency.

How it will be used, what it will be used for, how many supply total, what the starting price will be all haven't been decided yet, as we get more information about it we will be able to give more opinions and healthier opinions however as long as we do not have any details all we say will be just assumptions. I hate facebook and how they run the company so I will say bad things but we still need to wait and see.

LOL, you have not given the full reasons why you hate Facebook? Another man’s meal is another man’s poison, while you hate Facebook, I love Facebook like crazy. My love for Facebook is not because I am able to socialize with people through their platform alone, it is quite beyond that.

So many things that has happened in my life positively through Facebook, just like I have had so many positive additions through cryptocurrency.

I use to suffer set back in my business because of the high cost of marketing it and my in ability to face the public because I am not much of an outspoken person, but with Facebook, I have sold thousands of products to people I will naturally not be able to convince them, so you see that there are people like me who has lots of success stories through Facebook, and these are the people that will also make Facebook record success story for their coin.

I think he hates Facebook because the idea of Facebook originally belonged to the Winklevoss Twins and since Mark acquired the idea and made his own company out of it, he had a 100% plagiarism which is why this boy does not like the company at all. But anyways, I think the coins would be used for multiple use and that is how it would be able to get a high number of costumers.

suryapro

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This is a big plan carried out by Facebook, also a progress for crypto money itself. we'll just see the future development of this project. if the program is in accordance with what is expected by the user, it is certain that it will be very fast for the community to accept the existence of this Global Coin. but on the contrary, if it is not in accordance with what is expected by the community, of course, we certainly know what will happen.

anatolij.shishkin

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Quote from: jostorres on June 08, 2019, 10:49:38 AM

I think they are trying to eliminate all the potential rivals from their platform which is why they banned all ICO ads on their platform.

If they did allowed then there would have been two options for them, either the coin they allowed promoting would suck and it would worth nothing in the end and maybe even turn out to be a scam, in which case it means facebook allowed for advertisement on something that lost money to people, or it would have gotten well and it would be success story and in that case facebook allowed a rival to promote their awesome coin.

None of it really works out for facebook, they can allow bitcoin companies and exchanges and what not because it helps them but the ICO would be rivals. Globalcoin will have a lot of distance to cover from their first day of existence to becoming one of the biggest coins but I think with facebook behind it, its quite possible.

And why on the territory of Facebook there is no freedom of speech and democracy. It doesn't matter what people do on the platform. This is their personal account and their personal business. Any advertising by this mark can be simply forbidden, which will bring losses to the company.

jostorres

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I think they are trying to eliminate all the potential rivals from their platform which is why they banned all ICO ads on their platform.

If they did allowed then there would have been two options for them, either the coin they allowed promoting would suck and it would worth nothing in the end and maybe even turn out to be a scam, in which case it means facebook allowed for advertisement on something that lost money to people, or it would have gotten well and it would be success story and in that case facebook allowed a rival to promote their awesome coin.

None of it really works out for facebook, they can allow bitcoin companies and exchanges and what not because it helps them but the ICO would be rivals. Globalcoin will have a lot of distance to cover from their first day of existence to becoming one of the biggest coins but I think with facebook behind it, its quite possible.

khimer_rangers

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BountyMarketCap

Good news many people wait for this news and also for the future of cryptocurrency, and Facebook has millions of users so that directly people who don't know what cryptocurrency soon knows.I think this news will be an attraction for investors.

graffix

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There is another proof we have cryptocurrencies will have a long future. Actually, it's great news for the cryptocurrency industry. Facebook already has millions of audience. So no doubts they have great opportunities to get success. I'm pretty sure investors also will interest in this news.

nightl

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Quote from: Thomas-s on June 07, 2019, 07:02:32 AM

Quote from: hohuan101 on June 07, 2019, 06:55:43 AM

I also heard this news. But I don't know if they will make Stablecoin or Crypto. I think they will use a fixed-value type to pay for services in the ecosystem.

and it will be used very well. Facebook owns Instagram, and now it is one of the most popular sites. so that's mean their stablecoin will be popular

It will be stablecoin and I think the opportunities to piar it will be great.
Behind them all the other online platforms will catch up. Their nomination will have a very positive impact on crypto and this is really good news.

Bitze

legendary

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Quote from: trickbdpro on May 27, 2019, 05:05:38 AM

I am Just see a news.
And i am existing for it.
Facebook like to launch a cryptocurrency!

I think this project successful easily. Becuse, Facebook is most public social site. Many many people use Facebook for communication.

I see this news on: BBC News
Link: www.bbc.co.uk/news/amp/business-48383460

i don't want to invest here myself and don't see the big benefit either. but that's the case with a lot of projects at the moment.
but what i think is good is the spread of different terms through it. the broad mass must finally see that crypto is not necessarily evil and also big names play along.

Thomas-s

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Proof-of-Stake Blockchain Network

Quote from: hohuan101 on June 07, 2019, 06:55:43 AM

I also heard this news. But I don't know if they will make Stablecoin or Crypto. I think they will use a fixed-value type to pay for services in the ecosystem.

and it will be used very well. Facebook owns Instagram, and now it is one of the most popular sites. so that's mean their stablecoin will be popular

hohuan101

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I also heard this news. But I don't know if they will make Stablecoin or Crypto. I think they will use a fixed-value type to pay for services in the ecosystem.

bitgolden

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Leading Crypto Sports Betting & Casino Platform

Quote from: wuvdoll on June 03, 2019, 06:10:53 AM

They are just promoting the idea right now not the product. There is no detail about globalcoin at all, hell even the name could be changed eventually, however there is just one thing for certain, facebook is starting a crypto currency of their own. That information is legit and it will happen unless they cancel it, I mean that is still possible but aside from that they will definitely have a crypto currency.

How it will be used, what it will be used for, how many supply total, what the starting price will be all haven't been decided yet, as we get more information about it we will be able to give more opinions and healthier opinions however as long as we do not have any details all we say will be just assumptions. I hate facebook and how they run the company so I will say bad things but we still need to wait and see.

LOL, you have not given the full reasons why you hate Facebook? Another man’s meal is another man’s poison, while you hate Facebook, I love Facebook like crazy. My love for Facebook is not because I am able to socialize with people through their platform alone, it is quite beyond that.

So many things that has happened in my life positively through Facebook, just like I have had so many positive additions through cryptocurrency.

I use to suffer set back in my business because of the high cost of marketing it and my in ability to face the public because I am not much of an outspoken person, but with Facebook, I have sold thousands of products to people I will naturally not be able to convince them, so you see that there are people like me who has lots of success stories through Facebook, and these are the people that will also make Facebook record success story for their coin.

ivaf

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Quote from: z21770179 on June 06, 2019, 01:15:46 PM

Quote from: Inosend on June 06, 2019, 01:10:06 PM

This is no longer a new news as far I know, we have have seen and read so many news concerning the Facebook global token. So at this point personally I am only waiting for the launch to see it's impact and usage in the crypto community

The latest news says that Facebook will announce this coin this year. In addition, those who work at the company have the right to choose to take this currency instead of cash. I look forward to seeing what the facebook coin will look like

And even more recent news says that the launch of stablecoin GlobalCoin from Facebook can take place already this month: https://www.theinformation.com/articles/facebook-plans-outside-foundation-to-govern-cryptocurrency
So, be patient a little, you will see everything soon Wink

spadormie

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I'm not buying this "global coin." I mean it is a good coin in the making since it is made by facebook but I can't see myself profiting from this stable coin.

irixo10

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GoMeat - Digitalizing Meat Stores - ICO

There have been many news about Facebook coin, I only wish to goes as plan that is it offers something unique which will be in accordance with the crypto sphere. Gone are the days of hype now what we want is real use case. Nevertheless, I will be on the lookout to see what happens.

RuJuliette

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I hate Facebook for this all agressive advertisment and personal data spying, so I would never buy their coin. I am sure you will need very deep KYC to get it and your data are not sure by them, as we saw many times!

z21770179

sr. member

Activity: 474

Merit: 250

Quote from: Inosend on June 06, 2019, 01:10:06 PM

This is no longer a new news as far I know, we have have seen and read so many news concerning the Facebook global token. So at this point personally I am only waiting for the launch to see it's impact and usage in the crypto community

The latest news says that Facebook will announce this coin this year. In addition, those who work at the company have the right to choose to take this currency instead of cash. I look forward to seeing what the facebook coin will look like

Inosend

copper member

Activity: 299

Merit: 1

This is no longer a new news as far I know, we have have seen and read so many news concerning the Facebook global token. So at this point personally I am only waiting for the launch to see it's impact and usage in the crypto community

South Park

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I am terrible at Fantasy Football!!!

Quote from: DmitFomin on June 04, 2019, 04:51:32 AM

It's great that big companies are interested in cryptocurrencies, but I think that the coin that they want to run on Facebook has nothing to do with cryptocurrencies like Bitcoin, Ethereum, Zcash, Monero, etc. If this coin will be a stablecoin and its price will be pegged, for example, to the dollar, then this coin will not have any growth prospects for the price and it is not suitable for investing and trading. Especially if it will be used only on the Facebook platform, then these restrictions will make it less attractive than, for example, BTC, LTC, ETH, which are widely used.

While I agree with some of your points, there is one where you are wrong, you say that a stable coin is not suitable for trading or investing but tether is currently in the 12 spot in market cap and just a few months ago it was in the top 10, if facebook develops a stable coin I will not be surprised if their coin makes it to the top 50 in a relatively short amount of time, and this is easy to guess since there are several stable coins in the top 50 and a facebook stable coin will generate more trust with the average investor than most coins in the market.

H1N1

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Quote from: trickbdpro on May 27, 2019, 05:05:38 AM

I am Just see a news.
And i am existing for it.
Facebook like to launch a cryptocurrency!

I think this project successful easily. Becuse, Facebook is most public social site. Many many people use Facebook for communication.

I see this news on: BBC News
Link: www.bbc.co.uk/news/amp/business-48383460

Do you think this coin will become a really global coin in the world ?
I think the global cryptocurrency coin will be only bitcoin. Everyone using bitcoin in cryptocurrency.
It won't become a global coin just because facebook launch this coin in crypto. Grin

redsun114

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Leading Crypto Sports Betting & Casino Platform

I won't really like to make use of the Facebook coin, but the only reason I might likely invest in it is because they are huge platform and will have lots of big investors for sure. So that means I will do my best to be one of the early birds when the price is still cheap and I will then hodl it for a long time to see how far it can go. But there is to an extent it will reach and I might then exchange it for another cryptocurrency like bitcoin if possible or maybe fiat, because I'm very sure that they are also going to be using their crypto to monitor people's activities online as well, just like they do as usual.

Topic: Facebook plans to launch 'GlobalCoin' currency in 2020 - page 2. (Read 1326 times)