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Topic: Libra the new crypto king - page 10. (Read 10381 times)

hero member
Activity: 1568
Merit: 544
June 20, 2019, 04:58:07 PM
#67
I think Libra will not be the king of altcoin but it will still bring positivity to the crypto world and people will know that Facebook brings crypto money inside it.
all depends on how functional the coin will be. if they have good functions like BNB at binance I think Libra coins can also give a surprise when they are ready to be traded.
It tries to attract the crypto newbies and lure them into there data source beast with the easy usable facebook credits. I guess your right do and it could surprise use how many will fall for this.
hero member
Activity: 1470
Merit: 509
June 20, 2019, 04:54:12 PM
#66
As long as there are lots of supporters like us, yes it will be the leader. But, while there are plenty of coins on the market to replace it, why libra? Because of Zuckerberg? Capitalism is capitalism everywhere, even if it is a decentralized system.
full member
Activity: 1064
Merit: 102
June 20, 2019, 04:42:49 PM
#65
A centralized stable coin can't be the new crypto king, for a very long time bitcoin will remain the king of crypto, i don't think a centralized stable coin can take bitcoin's place.
hero member
Activity: 1274
Merit: 516
June 20, 2019, 11:43:59 AM
#64
I think its too exaggerate  to claim Libra as crypto king, the coin just start to be announced, it hasn't got a real implementation yet, the promise and the plan seems really good but we still don't know how the users and investors react to the coin, but this coin got a good popularity
sr. member
Activity: 1316
Merit: 257
June 20, 2019, 03:47:06 AM
#63
even though Libra has a wider ecosystem than BTC or Altcoin. but it will not guarantee that Libra will be king of cryptocurrency. because Libra-supported services still accept FIAT payments, also Libra payment services are only available in countries that cryptocurrencies friendly.
Libra only has the ability to dominate the online market not the cryptocurrency market.
legendary
Activity: 2492
Merit: 1018
June 20, 2019, 03:28:58 AM
#62
Its a stablecoin, its always going to be hyped when facebook does something but stablecoin had been created by several companies already including the gemini brothers.

I think Libra will not be the king of altcoin but it will still bring positivity to the crypto world and people will know that Facebook brings crypto money inside it.
all depends on how functional the coin will be. if they have good functions like BNB at binance I think Libra coins can also give a surprise when they are ready to be traded.

It does have a use case that's for sure but what I'm interested is how to have some of the coins. I'm up to grab some if they are going it give the coins for free.
member
Activity: 250
Merit: 10
June 20, 2019, 03:24:57 AM
#61
I don't think that Libra coins will become the king of the cryptocurrency world, because I believe that no one can replace Bitcoin as the world's first cryptocurrency king, and Bitcoin will always be ranked number 1 in the coinmarketcap compared to later Libra.
of course it's impossible. but there is a possibility that if the market demand is good for this coin, Libra can immediately surprise the market by going directly to the top market.
hero member
Activity: 798
Merit: 500
June 20, 2019, 03:19:54 AM
#60
I don't think that Libra coins will become the king of the cryptocurrency world, because I believe that no one can replace Bitcoin as the world's first cryptocurrency king, and Bitcoin will always be ranked number 1 in the coinmarketcap compared to later Libra.
full member
Activity: 431
Merit: 100
June 20, 2019, 03:00:03 AM
#59
I think Libra will not be the king of altcoin but it will still bring positivity to the crypto world and people will know that Facebook brings crypto money inside it.
all depends on how functional the coin will be. if they have good functions like BNB at binance I think Libra coins can also give a surprise when they are ready to be traded.
full member
Activity: 910
Merit: 101
June 20, 2019, 02:57:45 AM
#58
it seems that Libra as the new crypto king is still not right, because the king will still not be replaced by bitcoin,
because libra has not been reduced yet and its use has not been realized. we just wait, and see what will happen later.
what is clear is that bitcoin remains the king.
sr. member
Activity: 854
Merit: 250
June 20, 2019, 02:45:58 AM
#57
I think Libra will not be the king of altcoin but it will still bring positivity to the crypto world and people will know that Facebook brings crypto money inside it.
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
June 20, 2019, 02:40:44 AM
#56
What makes it to be a kind? Just because of the name facebook?

Its centralized so crypto people won't support it as much as a decentralized crypto currency.
member
Activity: 672
Merit: 10
simply getting the job done
June 20, 2019, 02:33:58 AM
#55
It's too early to call it new crypto king,  we can see after Libra coin launch and what kind of effect given on cryptocurrency.
member
Activity: 429
Merit: 10
June 20, 2019, 02:16:34 AM
#54
I think it's also a great possibility to become a new king in cprtocurrency the pound because it is the leader today and more people are investing in it because they know that they can get more money when they invest there.
member
Activity: 700
Merit: 10
June 20, 2019, 01:52:13 AM
#53
I don't think it's the new crypto king. It's merely a big company producing a coin. It doesn't mean the coin itself is anything special. And it's a stable coin anyway, so the price isn't going to soar. It may be good for mass adoption of crypto, but I think that's the only upside really.

Agree, I think people overestimate expectations about Libracoin. Maybe because it's published by Facebook that's what makes people think Libra Coin can definitely compete with bitcoin but I'm sure it's hard to compete with bitcoin for the next few moments
sr. member
Activity: 1078
Merit: 354
June 20, 2019, 01:09:51 AM
#52
I don't think it's the new crypto king. It's merely a big company producing a coin. It doesn't mean the coin itself is anything special. And it's a stable coin anyway, so the price isn't going to soar. It may be good for mass adoption of crypto, but I think that's the only upside really.
member
Activity: 560
Merit: 10
June 20, 2019, 12:56:01 AM
#51
I think this coin, Libra will have a huge impact on cryptocurrency market. But it will not pose I think any threat to the coins like Ethereum, bitcoin and others. As far as I know, Libra will be a stable digital coin and it is used as a utility coin. So it seems unlike other coins. Obviously, it is getting a huge hype and it will have a huge impact.
member
Activity: 742
Merit: 21
Be the reason someone smiles today
June 20, 2019, 12:52:27 AM
#50
Libra is stablecoin. The price is not gonna up.

It just opened the door, for billion of un-bank or un-creditcard people to spend their money online or transfer fund globally.

Those libra company's gonna get billion/trillion of profit through fees?
If entire .net world use their service/coin instead of bank / western union?

I think this is a good news for crypto space.
But very bad news for banking and other 3'rd party such as Western Union etc
jr. member
Activity: 444
Merit: 2
Theagriverse.io
June 20, 2019, 12:51:24 AM
#49
I guess it's too early for this hype!. LIBRA can't just come in and make itself the king like that. We have a good number of Coins we can refer to as Kings before the LIBRA Came in, so it won't be that easy. Though it might make a good name itself in a long run.
Yea for real it needs to proof itself. I keep asking aside serving the function of mass adoption what else can this token do? Its a utility token which could've used other tokens in her platform without developing its own.
full member
Activity: 1489
Merit: 150
June 19, 2019, 06:12:29 PM
#48
I think Libar will be a Coin like USDT that has a large volume in market, because Libra is a stable coin like the USDT, so it's likely that Libra is only under BTC when at CMC.
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