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Topic: GlobalCoin by Facebook - speculation. - page 2. (Read 779 times)

full member
Activity: 966
Merit: 100
Eventually Facebook realized that blockchain and cryptocurrency are feasible and must be used, rejecting the latest technology will make Facebook like Nokia which once rejected Android, Mark is aware of this.
full member
Activity: 941
Merit: 100
Firstly, Facebook is completely anti to the Cryptocurrency but now Facebook is going to launch their own cryptocurrency in the market which is going to be a huge relief for the people because companies who trolled the blockchain and Bitcoin are now entering into the cryptocurrency world for launching their own cryptocurrency.
Our big hope is that, with the presence and delivery, hopefully a big investment can immediately enter the crypto market. we hope that there will be a massive adoption of old and new investors, it will make a big increase in crypto market conditions.
member
Activity: 854
Merit: 10
Firstly, Facebook is completely anti to the Cryptocurrency but now Facebook is going to launch their own cryptocurrency in the market which is going to be a huge relief for the people because companies who trolled the blockchain and Bitcoin are now entering into the cryptocurrency world for launching their own cryptocurrency.
legendary
Activity: 2674
Merit: 1048
We don't need speculation about this coin because its price based on dollar price. The increasing and decreasing price will like the dollar price so I don't see any volatile to this coin. For an investment place is not good because your profit only small and a long time to make several percent to add your capital. Use this coin just for payment system because the first intention to created this coin is just for payment system. Use this coin as it should put hope in bitcoin or altcoin which is not stable coin or even as a centralized coin.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
globalcoin by facebook will certainly be a success story. even if i do not use the coin, crypto will become better known and that is good.
as long globalcoin is a stablecoin, i personally do not find it really interesting.
That's not only the success of bitcoin, but the success of all, maybe with this, bitcoin and other major coins will also pump.
The hype might already started, we've seen many pumps and might be another one coming soon, just don't get surprise, enjoy the moment as the market is maturing.
legendary
Activity: 1302
Merit: 1000
A new cryptocurrency is coming in 2020 by Facebook. Zuckerberg will try to partner with the governments and make it a bridge between his products like WhatsApp and Facebook.

Where could it be heading to?
Well, we still can't say where it is heading until we see them rocking and operating already. I've read also that it's likely Mark Zuckerberg will be teaming up with the Winklevoss twins.

https://www.cnbc.com/2019/05/24/zuckerberg-reportedly-held-talks-with-winklevoss-twins-about-facebooks-cryptocurrency-plans.html
https://www.ft.com/content/0207778c-7d62-11e9-81d2-f785092ab560

Thanks for providing references guys!

This is an interesting development as I remember that Facebook once had even banned the cryptocurrency advertisements on their platform. Now they're going to launch their own.
You are very much welcome and don't mention it.

Yep, they had banned crypto and ICO related advertisements a year ago. And my feeling was correct with that, that they were cooking something because they were eliminating their competitors.

Now, here they are proudly announced the launching of their stablecoin soon which will be used in their facebook related partners/sister company.

"First they ignore you, then they laugh at you, then they fight you, then they join you."
True scenario.

That's what Facebook did before when they first announced of banning those ICO thingy ads. And now there's truly a quick change for everything, I'm now having that idea that those who did ban or prohibited bitcoin and crypto related stuff can also completely change their decision in the future.

That's how technology will influence because not only Facebook there are many people who are so negative at the beginning of the blockchain but now many people are showing a lot of interest towards the blockchain and its technology and in the coming days we might see more companies will start using the blockchain technology.
member
Activity: 728
Merit: 14
globalcoin by facebook will certainly be a success story. even if i do not use the coin, crypto will become better known and that is good.
as long globalcoin is a stablecoin, i personally do not find it really interesting.
full member
Activity: 686
Merit: 108
Facebook is a popular platform that almost all internet users knows about,  facebool adopting cryptocurrency will be a major step to global adoption  for cryptocurrency as many will get to know about crypto currency via facebook
That’s the big impact of big companies in cryptomarket, Facebook can attract more investors and cryptocurrency will have a good image again. Facebook coin will have a good entry on cryptomarket, they will be supported by many big investors and its price will have an easy ATH, i see Facebook coin as the top coin already.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
A new cryptocurrency is coming in 2020 by Facebook. Zuckerberg will try to partner with the governments and make it a bridge between his products like WhatsApp and Facebook.

Where could it be heading to?
Well, we still can't say where it is heading until we see them rocking and operating already. I've read also that it's likely Mark Zuckerberg will be teaming up with the Winklevoss twins.

https://www.cnbc.com/2019/05/24/zuckerberg-reportedly-held-talks-with-winklevoss-twins-about-facebooks-cryptocurrency-plans.html
https://www.ft.com/content/0207778c-7d62-11e9-81d2-f785092ab560

Thanks for providing references guys!

This is an interesting development as I remember that Facebook once had even banned the cryptocurrency advertisements on their platform. Now they're going to launch their own.
You are very much welcome and don't mention it.

Yep, they had banned crypto and ICO related advertisements a year ago. And my feeling was correct with that, that they were cooking something because they were eliminating their competitors.

Now, here they are proudly announced the launching of their stablecoin soon which will be used in their facebook related partners/sister company.

"First they ignore you, then they laugh at you, then they fight you, then they join you."
True scenario.

That's what Facebook did before when they first announced of banning those ICO thingy ads. And now there's truly a quick change for everything, I'm now having that idea that those who did banned or prohibited bitcoin and crypto related stuffs can also completely change their decision in the future.
member
Activity: 294
Merit: 53
Facebook doesn´t have enough money? They want to earn money in an industry they don't understand. This can only result in a damage of cryptocurrencies or in a damage Facebook as a company.  Huh

They're not doing it for money only, they're doing it for better management of transactions. It's not like that they're totally inexperienced in this industry, as recently they talked to Winklevoss twins about this all.
full member
Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
Facebook doesn´t have enough money? They want to earn money in an industry they don't understand. This can only result in a damage of cryptocurrencies or in a damage Facebook as a company.  Huh

full member
Activity: 407
Merit: 101
News about Facebook and Globalcoin is currently being discussed recently. If that becomes a reality, I am sure that Facebook coins will be able to compete with other top ranked coin coins such as EOS, XRP, and even Ethereum because Facebook has a high popularity.
full member
Activity: 479
Merit: 100
Facebook is a popular platform that almost all internet users knows about,  facebool adopting cryptocurrency will be a major step to global adoption  for cryptocurrency as many will get to know about crypto currency via facebook
If this can happen, billions of people will know this crypto market and this is a great opportunity to attract a large community from Facebook because this is the social network most people use. I personally believe that the launch of GlobalCoin coin will boost growth for the crypto market because thousands of big partner companies will cooperate with Facebook to increase the value of this coin higher and can achieve Huge changes in the future
full member
Activity: 660
Merit: 101
Colletrix - Bridging the Physical and Virtual Worl
Facebook is a popular platform that almost all internet users knows about,  facebool adopting cryptocurrency will be a major step to global adoption  for cryptocurrency as many will get to know about crypto currency via facebook
newbie
Activity: 4
Merit: 0
I think that GlobalCoin has a huge chance for success - even comparable to BTC or ETH. The key to popularizing blockchain technology is the possibility of using it. Facebook has the power that can spread cryptocurrencies in people's minds and introduce their use to a whole new level.
hero member
Activity: 2828
Merit: 611
This will be great since it shall be coming from an established company like Facebook and the coin might perform well.
Personally, I do not like the idea of partnering with the government because it might be the beginning of tax payment on cryptocurrency.
There is absolutely no doubt about that, it is really going to come out as a stable coin and how many stable coins has been good for investment, none, this coin will serve more like a utility coin which is to be used by its social media users, mostly by businessmen and women using the platform to promote their products.

If they are to involve regular users, it will simply be in form of a little reward that will make anyone become a millionaire. Therefore, I am not so sure If this coin will really add any value that much to our lives except increase the total market capitalization record because I am sure they will get a lot of buyers.
member
Activity: 345
Merit: 10
This is actually good for the crypto community. I'm saying so became Zuckerberg's platforms combined have at least a billion people using it hence integrating crypto means they're exposing all these people to Bitcoin and crypto. This is something worth praising.
if all users will start entering and use crypto, I think there will be a large adoption that will occur in the market. this will be good, if later there is a good relationship between the platform and the market.
jr. member
Activity: 250
Merit: 2
This is actually good for the crypto community. I'm saying so became Zuckerberg's platforms combined have at least a billion people using it hence integrating crypto means they're exposing all these people to Bitcoin and crypto. This is something worth praising.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
This is another billion dollar coin in the market, we will see how it will affect the market but I believe it's going to be big.
Though they are new in the crpypto space, but they are a threat to some of our coins if the market will not grow and increase its investors.
I'm just hoping that it's arrival in the space will also result of increase in adoption and not getting the market of good coins in the market.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
The truth does not seem to me the idea that governments have to participate, because this gives much that can centralize the currency, they will take control and is something that should not be allowed, because this technology is decentralized in nature.

I think Mark Zuckenberg is wrong in this sense that he wants to take his project, if he is not going to launch it until 2020 I think he has to rectify many things and the most important thing is that he should not associate with governments, it is never and has not been good do it even with banking in general.

You can not give control to those who want to take control of all technology, to submit to their systems to which we are accustomed to be.
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