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Topic: GlobalCoin by Facebook - speculation. - page 3. (Read 779 times)

TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
I don't like this at all. What will happen when a lot of noobs new to crypto make mistake and lose all their money? That could spell bad news for Bitcoin.
They might only used it in Facebook, newbies will be hesitant to use crypto coins unless needed or came from popular brand. If so, they'll not be in any exchange. Maybe simply in Facebook where they can buy and sell through the app or platforms that globalcoin will exist.
jr. member
Activity: 104
Merit: 1
I don't like this at all. What will happen when a lot of noobs new to crypto make mistake and lose all their money? That could spell bad news for Bitcoin.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
It could head to be the new establishment's favorite crypto currency. I can already imagine the media telling how smart was the move of Zuckerberg in creating his own currency and how superior it is compared to bitcoin and decentralized altcoins.
I believe they will try to show how a stable and centralized currency can be better than the whole crypto decentralized space.
sr. member
Activity: 2506
Merit: 368
Let's just see how his money talks to most of the people to gather lots of investors, he may gather some but this one is just like some kind of monopoly again that is being hyped by their devs and partners in business, not to mention BNB is doing like that. What could possibly be the use of their coin to make most of the people invest on it?
sr. member
Activity: 1092
Merit: 250
I haven't read about the article so I don't know about the concept and purpose of GLOBALCOIN, whether it will only prioritize ADS and GAME payments on Facebook or it will be the same as other coins. Obviously there will be big prospects to follow.
member
Activity: 700
Merit: 12
saw an article for this one that they will launch it on 2020.. hoping this coin will help those facebook users specially in advertising some business Grin
sr. member
Activity: 952
Merit: 267
Vave.com - Crypto Casino
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?

We see headed to a world wide cryptocurrency recognition and adoption. The Crypto advert from Facebook will be massive and will subconsciously introduce most WhatsApp and Facebook users to cryptocurrency. This industry is getting bigger and bigger. Brace yourself!
full member
Activity: 466
Merit: 159
Buzz App - Spin wheel, farm rewards
I think Facebook will launch stable coins like USDT, maybe Facebook ads and Instagram ads will not use credit cards again, they will use GlobalCoin for ads payment. Its more simple and easy to use because not everyone has a credit card.
newbie
Activity: 602
Merit: 0
its a stable coin, so how to speculate
full member
Activity: 451
Merit: 100
Decentralized Ascending Auctions on Blockchain
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?
It is definitely a great step by Mark. He knows that the crypto market is growing very strongly and the promotion of blockchain technology is expanding. If he upholds the ban on promoting crypto, he will lose a large amount of revenue in the future. Believe me, he will soon release terms to promote on Facebook and will charge a fee. shares of facebook will soon increase to 10-25% in the future. Wink
This can be considered a very smart strategy and if Facebook is involved, we will attract a very large community to join crypto. I think Facebook is on the right track and if it is possible to issue a GlobalCoin coin then i will definitely invest and keep long-term because this is a real company and everything has a very close connection with the big partners.
member
Activity: 700
Merit: 14
well let see that in the next year, I'm thinking that this globalcoin is another stable coin so we can not make money with this coin.
 

I've heard that it is a stable coin indeed. I guess it will be available in the market and will not do special events like bounty or airdrop. Facebook is already well known so it does not need third party promotion.

Also, I am thinking that we don't need another stable coin in the market because there are already multiple kinds of them. Hope Facebook changes their plan and make it a security token.
full member
Activity: 527
Merit: 113
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?

Actually this is a nice bridge but I dont know if cryptocurrency or blockchain can be of any use to this, since they can create an ecosystem for their own affiliate and market clients. Anyway, if this is legit, Im positive that this will help the market.of crypto grow more since facebook can attract more users.
hero member
Activity: 1568
Merit: 544
Whopper coins for a free whopper and facebook satosies for likes. This must be a joke or a cash grab for facebook and associates.
full member
Activity: 475
Merit: 100
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.
full member
Activity: 770
Merit: 101
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?
It is definitely a great step by Mark. He knows that the crypto market is growing very strongly and the promotion of blockchain technology is expanding. If he upholds the ban on promoting crypto, he will lose a large amount of revenue in the future. Believe me, he will soon release terms to promote on Facebook and will charge a fee. shares of facebook will soon increase to 10-25% in the future. Wink
member
Activity: 294
Merit: 53
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."
member
Activity: 304
Merit: 10
0x1b2d294ab6ca449e34F946B86540cd342cF49100
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?
We will see if this Facebook coin will really happen next year but for now it's still speculation so there's no assurance if this coin will launch. But it's look controversial if this happen and I feel many are wait for this, let's see what will happen.
full member
Activity: 798
Merit: 103
It will help Facebook collect more datas about what you buy/sell. And who has the more money. After collecting the identities and ideas of peoples, they now want to collect the finance of their users.
hero member
Activity: 1414
Merit: 516
So to understand better the Facebook coin will be a stable coin or will be like most of crypto coins where the price never is stable? I really think if this will change something on market and if the price will grow for most crypto after they launch their coin or no.
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.
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