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Topic: Libra the new crypto king - page 6. (Read 10381 times)

jr. member
Activity: 420
Merit: 1
June 24, 2019, 11:14:02 AM
There is no profit for investment and libra coin is just a stable coin and I think there are many other stable coins.
Hopefully libra coins can compete with other altcoins and I will wait for him in 2020
sr. member
Activity: 1176
Merit: 252
June 24, 2019, 11:05:03 AM
I did not know that it would be the king of crypto, but I am sure Libra will shake the crypto world, and the world economy. imagine, if all facebook users use it. well, of course this will be very popular. What's more, it uses blockchain technology that allows fast delivery. people who don't know, will know. well, but in this case, I think, it's not only Libra who benefits, but also bitcoin, and other altcoins. I think it will be difficult for Libra to replace Bitcoin.
copper member
Activity: 812
Merit: 12
I ❤ ₿itcoin and Ethereum
June 24, 2019, 11:00:05 AM
You can't say if Libra is the new crypto king before Libra launches its project on cryptocurrency and has proven it, because cryptocurrency is not easy to predict, even though Libra gets partners and support from many big companies but it's still not enough for you to say if Libra is the new crypto king and can defeat or replace Bitcoin, because many people still support and trust Bitcoin, so I think it's very difficult to beat and replace Bitcoin.
sr. member
Activity: 868
Merit: 250
Your Data Belongs To You
June 24, 2019, 10:58:07 AM
do not think it is king ever. it is just stablecoin which will be available for everyone. and it will be backed by a dollar and will cost 1$. my opinion.
full member
Activity: 874
Merit: 125
June 24, 2019, 10:32:15 AM
hi, guys!
i was really surprised with the news that facebook's gonna provide all people kinda general-purpose stable coin.
in my ind its really cool idea that will completely change world of cryptocurrency.
also recently i've read read related article. u can check it. https://finance.yahoo.com/news/facebook-inc-fb-wants-more-220415665.html

Facebook would come into attack by different groups to give up any personal data it may have received about sending and receiving of money and the people involved. Facebook's coin can also be a secret project from the government of United States to counter the rise of anonymous cryptocoins.
copper member
Activity: 2562
Merit: 2510
Spear the bees
June 24, 2019, 10:19:40 AM
The fuck is this shit?
New shitcoin backed up by government agencies  Smiley
legendary
Activity: 1932
Merit: 2272
June 24, 2019, 03:45:08 AM
The fuck is this shit?
New shitcoin backed up by government agencies  Smiley
legendary
Activity: 1638
Merit: 1042
June 24, 2019, 03:38:00 AM
libra and the companies involved have a tremendous power. they can really stir up the market and also provide a lot of movement. people who have been there for a long time are not necessarily happy about that. but for all people who have first contact with crypto through libra, it is certainly a big thing. whether it is good or bad for the whole of humanity is difficult to say at the moment Wink
newbie
Activity: 56
Merit: 0
June 24, 2019, 03:11:05 AM
hi, guys!
i was really surprised with the news that facebook's gonna provide all people kinda general-purpose stable coin.
in my ind its really cool idea that will completely change world of cryptocurrency.
also recently i've read read related article. u can check it. https://finance.yahoo.com/news/facebook-inc-fb-wants-more-220415665.html
sr. member
Activity: 504
Merit: 250
June 24, 2019, 02:51:22 AM
here is nice article about the key differences between Libra and Bitcoin:

https://seekingalpha.com/article/4271247-facebooks-libra-vs-bitcoin-5-key-differences

beside that the view on libra should be a bit differentiated. Beside FB making a big step into the market of financial service providers and the inherent concerns about privacy my personal main concern is how governments will react to that...more concretely what "chances" will governments take out of Libra.

Here in the EU there are thoughts from politicans that the EU could make an "EU-Coin" in comparison to libra, which will have the effect of "cash abolition" and make the citizens absolutely transparent in every aspect of your daily life. So my deepest fear is not FB, beside i didnd´t like the company and model at all, but governments, which could use Libra as a trojan horse for laws and monitoring. There should be the key view of the further developement!
jr. member
Activity: 544
Merit: 1
June 24, 2019, 02:32:16 AM
I think it's high time people stop hyping this projects it's beginning to pass me off. A project that is yet to be trades and it's Faith yet to be decided and people already comparing it with a Coin that is over 10years in existence
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
June 24, 2019, 02:26:01 AM
Crypto is known because of decentralization and I think Libra is not decentralize therefore it cannot be a king in crypto.
That's my own definition only, there's so much hype about Libra but it hasn't proven yet, we need to see it first if it can sustain here like bitcoin.
sr. member
Activity: 1428
Merit: 251
June 24, 2019, 02:23:35 AM
You guys should stop creating hype around the libra project calling it a crypto kind is absurd and very unprofessional.  If you guys ever think that libra coin will come and surpass bitcoin, then you have a lot of thinking to do.

I am agree, when Facebook launches Libra Coin, a lot of good analysis about Libra Coin. But I'm not sure Libra Coin will be the king of cryptocurrency because in the end the market will determine. I think, bitcoin cannot be compared to Libra Coin because bitcoin has started to be recognized as a digital asset
full member
Activity: 658
Merit: 102
June 24, 2019, 02:12:39 AM
I think there is only one crypto king and that bitcoin and the soon to be created Libra is a type of stablecoin, pegged with the value of some fiats like dollar, meaning, its price will be steady, will not go up nor down. Libra won't going to compete against bitcoin or any cryptocurrencies and instead, it will help each other achieve their goals. Lubra is like xrp, a centralized currency, the only difference with them is xrp fluctuates rapidly while libra has fixed price.
jr. member
Activity: 448
Merit: 2
June 24, 2019, 01:39:58 AM
You guys should stop creating hype around the libra project calling it a crypto kind is absurd and very unprofessional.  If you guys ever think that libra coin will come and surpass bitcoin, then you have a lot of thinking to do.
legendary
Activity: 2100
Merit: 1058
June 24, 2019, 01:36:19 AM
Why did you shilling about Libra ? Just because the connection to facebook, won't make this coin a king of coins.
Do you think the Libra market cap will surpassing bitcoin market cap ?
There are already many coins created in cryptocurrency, but no one can beat bitcoin.

yep, i agree with you, all people knew if facebook is a huge company
but doesn't mean libra will replacing bitcoin as the king of crypto
simple reason, because without bitcoin, libra will never born right ?
I love the way Facebook coin is coming at this time, this will be a proof to government and the world out there that Bitcoin is a very good project when they see with their eyes how Libra will still not be able to bit Bitcoin as popular as Facebook is, then they will pay more attention to Bitcoin.

Whatever Good luck feature Bitcoin added to their platform is really working for them, because virtually everyone including me is of the opinion that we can never dump Bitcoin for anything called Libra, Bitcoin will always remain in our heart. Do you know how many people Bitcoin has taken out of poverty?So how can they compare Facebook whose coin is just an ordinary stable coin to a coin that has multipurpose function.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
June 24, 2019, 01:32:18 AM
No matter the money Mark Zuckerberg spends on creating the hype for Libra, it is absolutely impossible now for Libra to be crypto king, what Facebook is trying to create is more like him creating more enemies for himself, and there are people who has been in this industry for too long for Libra to wipe them off.

Those guys too will not give in without a fight which will be part of the limitations,whatever added feature Facebook is adding to its coin, I am sure other competitor would have gotten the clue too and working had now to present it to their users ahead of Facebook coin release. There are so many crypto players in this industry that Facebook cannot beat.
member
Activity: 490
Merit: 10
June 23, 2019, 08:10:20 PM
Do you really think so? Yeah, probably because of libra facebook users will enter crypto, but there aren't high chances for that. To my mind this coin isn't blockchain based
hero member
Activity: 1302
Merit: 540
June 23, 2019, 07:53:40 PM
I guess it will be the king of Altcoins and second to the Bitcoin. Ethereum already made a lot of changes and developments by making the blockchain transactions to become more comfortable in which Ethereum platform was now commonly used by most of the Alts and ICOs to support their projects but still it was not able to supersede Bitcoin so for me Libra might replaced Ethereum but not the Bitcoin.
Too early for that as it's needs to prove its worth before overtaking existing Alts, and with bitcoin replacement to be called as a crypto king that will
also needs to show something from the community whereas bitcoin already show its existence and staying at the top, decentralized against centralized
depends to whom will going to use the service and how they see the potentials.
jr. member
Activity: 238
Merit: 1
June 23, 2019, 07:47:29 PM
It is not that easy to say for libra to be the new crypto king. Pershaps it should show any good progress that brings many crypto enthusiast big earnings. Like now bitcoin shows good activity in the market and i think no other crypto can replace it as the king of crypto.
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