Pages:
Author

Topic: Libra coin alive or dead? - page 2. (Read 647 times)

full member
Activity: 616
Merit: 100
December 29, 2019, 05:56:25 PM
#72
Zuckerberg is making a big plan. I think Facebook will dominate this market. Bitcoin is the king of this market. What will happen when a new king enters this market. However, if Libra is stable, Bitcoin is still king.
sr. member
Activity: 1162
Merit: 260
December 29, 2019, 05:54:36 PM
#71
Libra is a fake crypto, because it is not decentralized.
In any case, a currency guaranteed by Facebook would have immediate success, and this is precisely why it will probably never start: it would be too powerful, and would bring all the fiat of the world to its knees.
We can be sure that strong powers will prevent it.
But you can't even call that as fake crypto too because the purpose of libra to be the centralized payment system and no more. have you seen the latest news about libra as the callibra team will release the testnet soon?
Not only a currency but anything backed by big companies will be trusted by all of the parties. The government already prevented the launch of libra but not all of the countries have been banning libra and libra has shifted to the countries that are not banning it to launch libra token as a stable token payment system.
sr. member
Activity: 2436
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
December 29, 2019, 04:54:58 PM
#70
Libra Coin can be live in the Year 2020 because China is also officially working on blockchain and also other counties working on blockchain technology, so the demand will grow more in 2020 for cryptocurrency, I hope all legal matter will be resolved to launch LIBRA Coin in 2020.
I am very happy with what you say that Libra coins can live in 2020. And I strongly support that with new coins, there are references to finding and holding other coins. at least this will indicate that crypto is still highly expected to be able to develop properly. because there is a new growth of coins and will be followed by other coins and hopefully make crypto more passionate.
full member
Activity: 1382
Merit: 105
December 29, 2019, 04:00:38 PM
#69
Libra Coin can be live in the Year 2020 because China is also officially working on blockchain and also other counties working on blockchain technology, so the demand will grow more in 2020 for cryptocurrency, I hope all legal matter will be resolved to launch LIBRA Coin in 2020.
legendary
Activity: 3234
Merit: 1055
December 29, 2019, 01:33:52 PM
#68
Libra is a fake crypto, because it is not decentralized.
In any case, a currency guaranteed by Facebook would have immediate success, and this is precisely why it will probably never start: it would be too powerful, and would bring all the fiat of the world to its knees.
We can be sure that strong powers will prevent it.

crypto doesn't mean its always decentralize. facebook coin of course is centralize but its most likely going to use blockchain. its not a dead project i guess but the company behind it is big and has billions to spend to cloud the judgement of the regulators. it may actually be launched in the future, we may not be using it but the people in facebook will absolutely adopt it. the company is persistent.
member
Activity: 585
Merit: 33
Rasputin Party Mansion
December 29, 2019, 01:24:20 PM
#67
Libra is a fake crypto, because it is not decentralized.
In any case, a currency guaranteed by Facebook would have immediate success, and this is precisely why it will probably never start: it would be too powerful, and would bring all the fiat of the world to its knees.
We can be sure that strong powers will prevent it.
hero member
Activity: 2184
Merit: 531
December 29, 2019, 12:39:08 PM
#66
The project got delayed but it's still alive. I hope it doesn't get delayed into non-existence because this is very much a possibility. A big company like facebook will not continue to pump money into the projects just to keep it in limbo while regulators are taking their sweet time.

I'd like to see it happen. I'm not a fan of facebook and probably not going to use libra ever but everybody should be allowed their chance on the market.
sr. member
Activity: 784
Merit: 251
December 29, 2019, 12:24:20 PM
#65
If the Libra coin will be launched, it will certainly greatly affect the development of cryptocurrency in the future, but we don't know whether the impact will be positive or negative? But if the existence of Libra coin can make a boost to Cryptocurrency, of course it will make Cryptocurrency more developed in the future, I personally hope that the launch of Libra coin will have a positive impact on bitcoin and other altcoins.
My opinion is not too sure, between positive or negative, at that time I read someone's opinion and the results tended to be negative, completely still bitcoin is more important, maybe the coin libra is only intended for the Facebook industry, and nothing more. Yes, maybe if a Libra coin is released, crypto will be known by all Facebook users who previously did not know crypto-world. People might be more curious about the world of crypto, involved with the Libra coins to be released this. Just an opinion ...
newbie
Activity: 64
Merit: 0
December 29, 2019, 11:52:36 AM
#64
libra coin is getting a lot of attention from the world, get the intervention intervention of the US and EU agencies even many other countries. It is truly a perfect step forward for cryptocurrencies.
newbie
Activity: 62
Merit: 0
December 29, 2019, 11:40:48 AM
#63
Yes, it is nice that the price of bitcoin is rising quite well over the past 2 months because facebook will launch its own currency, which is a big step forward. Especially US and EU agencies are paying special attention to this event.  Wink
sr. member
Activity: 1078
Merit: 256
December 29, 2019, 11:37:50 AM
#62
I haven't yet understood the true purpose and the true principals of this monetary experiment. It is not clear to me why it seems too light: don't trust, verify!
It's a must to know first before trusting your money to any project not even this libra thing. If you'll going to go deep and start understanding what's the
real purpose and how will investors will going to benefits from this project, the purpose and the potentials are the key for this project to gather investors
interest.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
December 29, 2019, 11:20:45 AM
#61
The plan is all set to release the coin next year, but who knows how facebook is planning to ease out the regulatory hurdles and they have the power to influence the people at the right places and if they are able to do that is to be seen and i hope they are moving forward with the project even with this much backlash, i am hoping they will push through and open the market for the rest of the private companies and we will have a swarm of new private centralized coins Cheesy.
Well they are becoming such big company not for nothing, if they already planned to release it in 2020 big chance it will happen despite all the backlash they received from the government. Probably they are going to launch it outside US who knows, the whole world has known them and if a flicker of news regarding Libra release goes to public, peolpe will automatically know and get curious.
hero member
Activity: 1426
Merit: 506
December 29, 2019, 11:10:52 AM
#60
There was a rapid growth in bitcoin price in last 2-3 months when it was announced Facebook is going to launch its own coin, called libra coin,
Now its already in cold store, due to US and EU agencies interference.
I saw in coin market cap, its only general information about libra coin, but no technical data is available yet.
The plan is all set to release the coin next year, but who knows how facebook is planning to ease out the regulatory hurdles and they have the power to influence the people at the right places and if they are able to do that is to be seen and i hope they are moving forward with the project even with this much backlash, i am hoping they will push through and open the market for the rest of the private companies and we will have a swarm of new private centralized coins Cheesy.
sr. member
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
December 29, 2019, 11:08:08 AM
#59
If the Libra coin will be launched, it will certainly greatly affect the development of cryptocurrency in the future, but we don't know whether the impact will be positive or negative? But if the existence of Libra coin can make a boost to Cryptocurrency, of course it will make Cryptocurrency more developed in the future, I personally hope that the launch of Libra coin will have a positive impact on bitcoin and other altcoins.
sr. member
Activity: 1274
Merit: 293
December 29, 2019, 10:58:55 AM
#58
There was a rapid growth in bitcoin price in last 2-3 months when it was announced Facebook is going to launch its own coin, called libra coin,
Now its already in cold store, due to US and EU agencies interference.

I saw in coin market cap, its only general information about libra coin, but no technical data is available yet.


It is definitely because Libra is still yet to approved thus it is yet launched. Although it has a prior description but still it hasn't yet been used so no data been produced. We cannot further say that it will be going to alive nor dead because Libra is in still on its own progress. So imo if coinmarketcap isn't yet producing its own data then who are we to conclude such analysis, right?
newbie
Activity: 28
Merit: 0
December 29, 2019, 10:11:10 AM
#57
There was a rapid growth in bitcoin price in last 2-3 months when it was announced Facebook is going to launch its own coin, called libra coin,
Now its already in cold store, due to US and EU agencies interference.

I saw in coin market cap, its only general information about libra coin, but no technical data is available yet.


It is 2020 that Libra will be launched. It is not yet adopted so it has not died. Although, it is facing setback and this could delay when it would be launched.

PayPal did not support it. Visa, MasterCard and many other companies that supported it before are not supporting it again. Although, they might still support it after it has been launched but it could cause major setback for Libra.

Libra is facing main challenges from USA and European Union. This could really delay Libra to be launched in January 2020. So, Libra is not a dead coin but rather that it has not yet been launched and facing setbacks by USA and EU.

sr. member
Activity: 896
Merit: 253
December 29, 2019, 09:52:24 AM
#56
Libra coin is alive and they are just working on its legal side, looks like the government dont want libra coin to be operated. Lets see how they will get this done, but I'm sure they can. On the other side, some of the giant companies who have announced partnership in this project have already backed out due to unknown reason.
member
Activity: 188
Merit: 14
December 29, 2019, 09:48:48 AM
#55
Facebook coin have a lot of obstacles to overcome. The central banks of the United States and the European Union are concerned about the emergence of cryptocurrency on the social network Facebook. A compromise is needed and it will be found, Libra will be put into circulation and the growth of the cryptocurrency market to a large extent depends on this event.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
December 29, 2019, 09:04:37 AM
#54
Libra's not dead. Libra's time is short. When Libra comes out, nothing will ever be the same. Bitcoin has already advertised the blockchain. With Blockchain, an economy seems to be entering our daily lives. Libra will be a project with millions of users.
Why can you be sure that Libra will be a project with millions of users? because until now no one has used Libra,
and can you explain the development of Libra today?

Precisely, and Libra is currently nowhere to go, not even investors will look at this coin's potentiality until their problem will resolve.
Many we're watching this at their first announcement to lunch but it still there. And when the problem with regulations arise, it is somewhat forgotten. May the situation won't look so good and Libra coins will probably dissolve.
sr. member
Activity: 2324
Merit: 263
December 29, 2019, 03:58:18 AM
#53
Libra's not dead. Libra's time is short. When Libra comes out, nothing will ever be the same. Bitcoin has already advertised the blockchain. With Blockchain, an economy seems to be entering our daily lives. Libra will be a project with millions of users.
Why can you be sure that Libra will be a project with millions of users? because until now no one has used Libra,
and can you explain the development of Libra today?
Pages:
Jump to: