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Topic: Is Libra the Ethereum + Ripple + EOS + TRON + .... killer? - page 5. (Read 1385 times)

member
Activity: 854
Merit: 10
It will be hard to a coin that is just coming in newly to surpass other existing coins. All the mentioned coins are still being developed and it is not as if work has ended on them. Therefore, the more the development and updates that are propagated, the higher their growth.
Libra coin is just like every other coin. Well, if t features are very much unique, it will grow, but it will also meet other strong competitors.
full member
Activity: 1554
Merit: 101
its a will be competition for all crypto coin, i mean they will compete to give their best.
and its a good feedback for crypto, more attract to people to join crypto.
but libra will not kill ethereum,eos,ripple easily because they already exist longtime,but in crypto everything can be possible lets see  Wink
hero member
Activity: 1358
Merit: 513

If paypal is partnering with them Libra might not be used for gambling, that's ain't the selling point of real coin. And I read this in a related facebook coin thread that Libra may probably be reversible just like paypal. That's yet not a confirmed information but I got that hunch too. These points may not be a characteristic of a coin that will kill ETH, EOS and TRON. These 3 are in the major success in the making and Libra is just one that will compete these 3.

Can you tell me who said anything about Paypal here? They are not even among the 28 founding companies that are supposed to run the masternodes.


Facebook's name can have a significant and miraculous effect on anything. The have huge marketing machinery and can cut off anyone they want from most marketing channels.  Do you believe XRP bots can fight Facebook?

Well its already driven up the prices to near $10k levels..
legendary
Activity: 2744
Merit: 1288
I think Libra was created for a different purpose, and Facebook's big names do not necessarily have a significant and miraculous effect on Libra, they still need proof

Facebook's name can have a significant and miraculous effect on anything. The have huge marketing machinery and can cut off anyone they want from most marketing channels.  Do you believe XRP bots can fight Facebook?
hero member
Activity: 3052
Merit: 651
Well then, they are all effed up.  Grin

They need a new version of their coins just so they wont have the same feature with Libra.
Damn Zuckerberg effed them up.
Can there be a lawsuit for this kind of duplicating or copying any feature of one technology?
I really dont care about it but I want them to fight themselves and let bitcoin be the one left after they lose all their money on paying lawyers.  Grin

Libra = internet control of every human being information.  Grin
member
Activity: 786
Merit: 10
Is Libra the Ethereum + Ripple + EOS + TRON + ....   killer?

https://developers.libra.org/docs/assets/papers/the-libra-blockchain.pdf

From paper we see what they try to do and is a combination of coins I mentioned. Can they survive in a war against Facebook?

My answer is NO, why because libra based in the reports is another type of.stablecoin.which means no price movements unlike the coins you stated which are based on.the.community demands and supply, and that price may vary from.it. From what i have understood, libra is.another type of payment solution based in blockchain technology without no borders,, that means its open for everybody.use,the only difference From the others is that it is backed with dollars i think.
full member
Activity: 476
Merit: 100
I think Libra was created for a different purpose, and Facebook's big names do not necessarily have a significant and miraculous effect on Libra, they still need proof
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
First of all libra is not a cryptocurrency it is a digital currency something different and it will be pegged.

Just a way to rich become richer, nothing more. At the end, it will help crypto.
member
Activity: 330
Merit: 10
Absolutely not. Libra is really different from other cryptocurrencies. It’s basically a stable coin which has a constant value. The start value has not been decided yet. But where other cryptocurrencies basically used for trading purpose and having a volatile price, Libra come as a global coin with the constant price on which people can easily trust.
sr. member
Activity: 2156
Merit: 323
Libra is going to kill a hell of a lot of shitcoins that are very possible. Some shitcoins will get you into trouble. Honestly, if you don't have at least half of your crypto portfolio in btc then your doing it wrong. No matter what but stick to at least btc, eth and ltc.
full member
Activity: 658
Merit: 108
I would not say that Libra is such a threat to above mentioned coins. It will certainly increase competition among top coins when it comes to technical development. But not killing any coins.
legendary
Activity: 3066
Merit: 1129
I think Libra could be a killer though, people think it can't be but it can very well be a big time killer. However, it would not be killer of ethereum + ripple + eos + tron, it would be killer of usdt + usdc + gusd because Libra is a stable coin and we do need a stable coin that is backed by a big company.

Look at what these are backed by, usdt is backed by bitfinex and another company they partnered with which has its banking operations in a shady Caribbean bank and do not even have 100% backing, usdc is backed by circle which owns poloniex which is backed by big bank but that is too much "backed by" to be worthy, gusd is backed by the winklevoss twins and their company if I am not wrong and they are decent people but not as big as facebook (winklevoss and mark now both gonna have stable coin Cheesy lol). So, Libra could be better than all of them.
member
Activity: 392
Merit: 11
In my opinion, Libra might get a lot of attention to Crypto users. However, time will determine.
Because whether or not strong a project will prove good after it is on the market.
sr. member
Activity: 1414
Merit: 270
Undeads.com - P2E Runner Game
On these three simple paragraphs, Libra cannot be the killer of any cryptocurrency:
1. Libra has a fixed cost (volatility is extremely low);
2. Most likely to use will need to KYC;
3. The use of Libra is allowed in countries that have legalized cryptocurrency (at least not banned).
Libra = payment system on the blockchain tied to your Facebook account, no more than.
member
Activity: 573
Merit: 11
Is Libra the Ethereum + Ripple + EOS + TRON + ....   killer?

https://developers.libra.org/docs/assets/papers/the-libra-blockchain.pdf

From paper we see what they try to do and is a combination of coins I mentioned. Can they survive in a war against Facebook?

There is no reason to over hype the so called Facebook coin . Personally I don't see the reason for too much talk on the Facebook coin because in blockchain space, most projects are actually repetition of the existing projects and few out of them only add something new to the crypto space. Instead of all the hullabaloo over the Facebook project I think we should all wait and see how it unfolds.
legendary
Activity: 3066
Merit: 1129
Facebook decided to make a test and create their own crypto currency to see what the fuss is about crypto going on as an experiment and all of a sudden whole crypto world is focused on libra. There are hundreds of coins printing out everyday and we have over two thousand crypto currencies listed on coinmarketcap and you are focused on libra?

Why would it kill any of the coins you listed, there is no competition between libra and all those coins. Libra will be libra and create its own path and own market instead of getting into our market and take money out of it to itself, that is why I think ethereum, ripple, eos and tron is fine because the investors on those things and the teams behind those coins are still going to be there even after years go by with libra creating its own market and support somewhere else.
newbie
Activity: 31
Merit: 0
I don't think that Libra mat be killer of btc or so. Facebook coin mau be blocked anytime
hero member
Activity: 1540
Merit: 507
Why would someone consider Libra as top altcoins killer, if altcoins were created with more hype than Libra that didn't bring the top altcoins down. The hype of Libra will only get the attention of investors but will not bring down the other altcoins. Each altcoins is designed differently, and may exist together at the same time.
it caused by people are overrated because libra has facebook as its parent company and a lot of supports from another major company. But they are not wanna reading the whole news about what will be main purpose of the libra creation.
copper member
Activity: 294
Merit: 1
My only worry is that their presence may not impact huge one the entire market cap of crypto but will share the revenue of existing crypto market, reason why coins like etherium, Neo, Ada, Eos will be having a stunted growth as a lot of Billions will go into buying this buy already existing crypto investors. Will wait to see the libra outcome
hero member
Activity: 1316
Merit: 504
Libra is not a killer for any of these coins as Libra is a stable coin. It also runs on full reserves and is very similar to the existing money systems.
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