What happen for the libra project - page 2.

Reid

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Quote from: eagleman on August 23, 2019, 06:28:48 PM

It's because they were stopped and called by the legislators of US.

They think that it's going to be a threat to their current financial system for which they have to take a look closer with facebook's Libra project. No update until now but AFAIK, launching would be by next year Q1.

I thought so.
I haven't read any news about them so maybe this is the reason why.
Looks like the screaming media suddenly stopped into hyping them. Well, they will really have to go through the strict rules of USA.

Oh and also please beware of the Libra coin. There have been a lot of duplicate that is being created to confuse people.
You must not buy from that. If you really want to buy Libra make sure it is the real one.

Bezobraznike

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Quote from: sandra_x on August 31, 2019, 06:07:44 PM

Libra is going to meet stiff regulatory hurdle that will grossly delay its launch,principally from the US, maybe by a few years, eventually they will launch,by them a couple of other tech giants will be in the game also

They already have problems with governments regulations, U.S. officials made some announcements regarding Libra coin. They can`t do what ever they want, Facebook
is accused for trading with personal information`s.
Libra launch is announced for next year. They made some hype about it to test peoples reaction and now they are waiting for the the right moment to do that again. It`s
marketing! I think we will see more of them in next period, they have a lot of money and they will use it for the best possible advertising.

Menawi12

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Quote from: ?? on ??

Libra coin has focus to kill top coin by same service provide. For Facebook user this service is easy for send money worldwide. Someday, This service can killed top coin demand.

Between Libra coins and other coins such as bitcoin is used. Bitcoin for many investors is a digital asset while Libra Coin is the same stable as the dollar in its use. I don't think Libra Coin will be able to kill other top coins because the functions in investment and payment are also different.

sandra_x

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Libra is going to meet stiff regulatory hurdle that will grossly delay its launch,principally from the US, maybe by a few years, eventually they will launch,by them a couple of other tech giants will be in the game also

rodel caling

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Quote from: xenomorphe1 on August 28, 2019, 04:48:42 PM

Libra project doesn't seem to go very well. There is still some support from companies already in cryptos. But i don't think we will see a new coin from Facebook. The hype of Libra was just an excuse for whales to pump the price of bitcoin.

As of now we to wait what will libra future by help and get an support from the Facebook company and other companies. I think bitcoin isn't affected and not excuse for pump the price, but if the libra become successful it also can for bitcoin price hype.

JeromeL

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Quote from: rodel caling on August 23, 2019, 06:13:57 PM

I am just curious about the libra coin, this recent month libra project is in the hottest news, but now currently I never heard about the latest news development for facebook libra project.

Their have any update...😀😀😀

The head of Facebook was at a hearing in the US Senate, where he gave explanations about his new project. As far as I heard the hearings were very stormy.
Libra still has not received the full approval of the SEC, but already plans to launch its bounty campaign in the near future.

chanler

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Quote from: ?? on ??

Libra project already opened its bug bounties for tech geeks, this is the next chance for the Libra project for getting more crowd attention.

Where do you get the information? Can you provide the link of the source here?
I also have never heard about the current progress on Libra project nowadays. Since they are called by the USA legislators, there is no big news on Libra project anymore. But if they already started with bug bounties, it means a positive signal.

xenomorphe1

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Libra project doesn't seem to go very well. There is still some support from companies already in cryptos. But i don't think we will see a new coin from Facebook. The hype of Libra was just an excuse for whales to pump the price of bitcoin.

flemmings02

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Quote from: rodel caling on August 23, 2019, 06:13:57 PM

I am just curious about the libra coin, this recent month libra project is in the hottest news, but now currently I never heard about the latest news development for facebook libra project.

Their have any update...😀😀😀

Libra project was going to start anytime soon, all they did was to create an awareness and proposal, they only wanted to know how to community would feel about it.

Oyarebu

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Quote from: glendall on August 23, 2019, 07:47:27 PM

I heard the latest news about the launch which was postponed until 2020,
but surprisingly there are still many people who send the ICO libra site, I think it's a scammer, and for ICO Libra I also haven't gotten clear news when to start ICO.

Though am very strange to this information because I never heard of them having prepared for ICOs. I think that, Libra was postponed because of the misunderstanding of the said currency which they have not clear from the regulators. Their launch was slated to take place in 2020 and this should be a catalyst to speed up the price if Bitcoin.

MECH100

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everyone has heard the news that China is about to launch its cryptocurrency. so i think it will push USA to approve the libra project

jostorres

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Quote from: akirasendo17 on August 27, 2019, 05:08:21 AM

Libra might not see daylight sad to say that this is being oppose by the government
at the same time it will crush the crypto community since facebook have all the details of every people in the world
we might be needing other crypto and make libre the crypto currency, but the government don't want that to happen
and its not good in the economy as we speak, imagine all of our information is in the hand of few people ?
we also want privacy they already had our identity information, we dont wan't them to hold our money at the same time
that's a bit to much Grin

Facebook that is very smart, you think that they will not eventually find a way out, this is blockchain technology, and if other companies can be running it without government going after them, then why would Facebook be the first they will deny of same thing. I am sure even government does not have intention of doing so which is why they want to understand everything about his proposal, if they are convinced about it, then I am sure that they will allow him to run his project smoothly.

Many of the people that have been opposing the project may just be doing it blindly because I see no reason opposing a project when you have not really seen the framework of feel s its effect on whatever we claim it will have effect on, so Facebook may actually survive it.

eagleman

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Quote from: rodel caling on August 24, 2019, 04:46:44 PM

Quote from: eagleman on August 24, 2019, 05:07:18 AM

-snip-

.yeah mate thank for the remainder, that's why I ask information and update because i want to know and gathered information for the analysis the status.

Once again thank you very much to all.

There were scams that lately comes around on the social media. The project is on the hype and there are abusers that would take advantage to the people that are interested to it but are not aware of the current situation of the project.

If by chance there's someone that asks you about it and he's being fooled by those posts on the social media platforms, warn him/her.

akirasendo17

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Libra might not see daylight sad to say that this is being oppose by the government
at the same time it will crush the crypto community since facebook have all the details of every people in the world
we might be needing other crypto and make libre the crypto currency, but the government don't want that to happen
and its not good in the economy as we speak, imagine all of our information is in the hand of few people ?
we also want privacy they already had our identity information, we dont wan't them to hold our money at the same time
that's a bit to much Grin

Menawi12

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Merit: 10

Quote from: rodel caling on August 23, 2019, 06:13:57 PM

I am just curious about the libra coin, this recent month libra project is in the hottest news, but now currently I never heard about the latest news development for facebook libra project.

Their have any update...😀😀😀

From what I read, Libra Coin is still constrained by regulations but I think Libra Coin will still be made. Facebook is a big company and I think it has a good legal team to look for legal loopholes so that Libra Coin becomes legal and complies with government regulations

SirLancelot

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Quote from: rodel caling on August 23, 2019, 06:13:57 PM

I am just curious about the libra coin, this recent month libra project is in the hottest news, but now currently I never heard about the latest news development for facebook libra project.

Their have any update...😀😀😀

I saw an announcement some weeks back that they may never release the project because of the stiff opposition they are getting from government and I think it is really a serious matter as I aloes heard that the G7 summit that was conducted of recent was seriously against it and has directed its member never to allow the project to fly.

I want to believe that is what is presently making the hype to die down, except maybe they are still developing the project since it was 2020 that they initially promised the public to release the coin, but before that 2020, they ought to have been given update on the development of the project and keep sending reminder to people so that the hype can still be on, but if by December, nothing has still been done to update the public, then the project may be already dead.

dnsokoljuk

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Many of people not believe not only in Libra, but also in that project with connected with Libra face to face - I mean Facebook. Because this network has problems with privacy, many users think that Libra also not will be safe.

rodel caling

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Quote from: jazmuzika217 on August 24, 2019, 11:52:25 PM

From the past weeks I did not see and read news and libra project. And I think there is something wrong to their project because all we know that they prepared in a very short period of time to launched their project, so I already expect this kind of problem because unlike other successful project they plan and prepared well for a year before launching the project.

I think that is one of the reason of the postponement of the libra coin project the team member of these project is start to prepare and study for the good of the libra become successfuli.

Quote from: Rikotin on August 25, 2019, 01:41:37 AM

I haven't heard their latest news, but I remember when I saw the site but forgot the link, and it was said that their team and management immediately released a Libra coin in mid-2020. But it's not certain, it's better to wait for the news of certainty. Usually their news quickly spreads widely because crypto users also expect and wait for their coins to be released.

I think jazmusika217 is correct the team is in the period of preparation that is the reason team start to lainch libra coin in the middle of 2020 to makes sure the success.

Rikotin

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I haven't heard their latest news, but I remember when I saw the site but forgot the link, and it was said that their team and management immediately released a Libra coin in mid-2020. But it's not certain, it's better to wait for the news of certainty. Usually their news quickly spreads widely because crypto users also expect and wait for their coins to be released.

jazmuzika217

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From the past weeks I did not see and read news and libra project. And I think there is something wrong to their project because all we know that they prepared in a very short period of time to launched their project, so I already expect this kind of problem because unlike other successful project they plan and prepared well for a year before launching the project.

Topic: What happen for the libra project - page 2. (Read 591 times)