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Topic: Who Would Really Buy Facebook Coin? (Read 11161 times)

hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
January 22, 2020, 01:05:25 AM
I think if Facebook provides a marketplace on their own platform and uses Facebook coins as a payment method, then people who use the platform will buy. because the facebook platform is quite large and has many users, so they will only get the attention of their users. because for crypto users in general, stable coins are less promising and large profit potential from stable investments is very small.

Actually it depends on Facebook user because some of the person doesn't really trust some Facebook process by other project. By the scammer spread on Facebook, it become more hard to trust using Facebook and I also think that it would not be healthy if we use Facebook coin and I don't believe on that.
sr. member
Activity: 1680
Merit: 262
January 21, 2020, 11:09:29 PM
I think if Facebook provides a marketplace on their own platform and uses Facebook coins as a payment method, then people who use the platform will buy. because the facebook platform is quite large and has many users, so they will only get the attention of their users. because for crypto users in general, stable coins are less promising and large profit potential from stable investments is very small.
full member
Activity: 187
Merit: 102
January 21, 2020, 07:33:46 PM
I don't trust Zuckerberg. I've heard some statements from him since the founding of Facebook that makes me doubt whether I should trust what he does. I would have to read a lot about their currency to see if it is worth trusting.
full member
Activity: 812
Merit: 102
January 21, 2020, 05:11:28 PM
Mark Zuckerberg is a very influential person and his Facebook is also very popular. Therefore, I believe that there are quite a lot of people who will support his coin.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
January 21, 2020, 04:11:09 PM
Honestly, who would buy this? Serious question! I've been reading about it and I don't see how Facebook can create a coin that upholds the values crypto portrays (censorship free currency).

https://tipestry.com/topics/5ce41169570b6c1f0750a040/facebook-to-release-its-own-cryptocurrency-on-whatsapp-%E2%80%93-libracoin-%E2%80%93-with-its-base-in-switzerland-and-first-launch-in-india


Facebook is a big company and one of the most famous social media website. Even my neighbor's dog has an account on Facebook. So, it won't be surprising that many will but and support it. This is also a good opportunity to introduce cryptocurrency to the public since many still do not know what is it aside from bitcoin. There are still people that I know I'm real life that only knows about bitcoin. With this great example, people might see crypto in other light.
It is right that there are a lot of people who are using facebook but there are some points which are that firstly the owner of facebook is facing some issues from his government in starting his coin and other point is that many people who will not need any payment system in facebook will not use its coin and will just use facebook for connecting to other people.
Honestly, Facebook is the most famous social media platform as of now and I can say that it has the most number of users as of now. I can say that if libra would become successful there are lots of people can use it since Facebook has so many scopes because there are people who earns because of Facebook such as streaming, there is also a marketplace in which they are selling and buying, and maybe they can use libra coin when buying those items. There are also times that we can send load or money using messenger wherein it is a messaging app that you can also send money.
member
Activity: 574
Merit: 14
January 21, 2020, 03:24:02 PM
Honestly, who would buy this? Serious question! I've been reading about it and I don't see how Facebook can create a coin that upholds the values crypto portrays (censorship free currency).

https://tipestry.com/topics/5ce41169570b6c1f0750a040/facebook-to-release-its-own-cryptocurrency-on-whatsapp-%E2%80%93-libracoin-%E2%80%93-with-its-base-in-switzerland-and-first-launch-in-india

Facebook is one of the biggest social media available today and certainly has millions of users on their site, so, it doesn't seem too difficult for them to introduce Libra to their site users, especially ifs Facebook implements the need to pay for access to some of their features in the future, and of course inevitably Facebook users will buy a number of coin Libra as a means of payment for the Facebook feature and in my opinion, it is one way to sell coin Libra to the world community.
member
Activity: 775
Merit: 11
January 21, 2020, 12:25:49 PM
maybe someone who believes in Facebook coins or some crypto users will buy it. for me personally it doesn't matter if facebook coins offer some good functions for investment, then I will buy them, and vice versa. other than that I heard a lot of problems about the Facebook project plan that was still pending and many partners left the Facebook project.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
January 21, 2020, 12:22:09 PM
I think after the Facebook coin was launched, there is a possibility that the coin is a potential coin that we should try to use as an investment asset or be used as a form of trading, because Facebook coins must have prepared everything in detail so that it has a goal that the coins can continue to be developed in the future. besides that, of course Facebook already has its own media source that is suitable for promoting the coin to its users and of course it can affect investor interest.
yes that's right, LIBRA coins will have uses for transactions on the messenger application, this will make it easy for people to transact via applications on messengers such as friends, family or relatives, and those who will buy LIBRA coins later so the use of LIBRA coins is very useful
Or they can just use the facebook coin for compensation among their influencers. They not only made us of facebook coin, they also advertised its use to their users with the thickest supporters. These facebook influencers can then use these coins however they like, as long as it's listed, they can have it be up for trades on exchange sites and then use them for profit or to further their investment.
hero member
Activity: 907
Merit: 500
January 21, 2020, 12:16:38 PM
Honestly, who would buy this? Serious question! I've been reading about it and I don't see how Facebook can create a coin that upholds the values crypto portrays (censorship free currency).

https://tipestry.com/topics/5ce41169570b6c1f0750a040/facebook-to-release-its-own-cryptocurrency-on-whatsapp-%E2%80%93-libracoin-%E2%80%93-with-its-base-in-switzerland-and-first-launch-in-india


Facebook is a big company and one of the most famous social media website. Even my neighbor's dog has an account on Facebook. So, it won't be surprising that many will but and support it. This is also a good opportunity to introduce cryptocurrency to the public since many still do not know what is it aside from bitcoin. There are still people that I know I'm real life that only knows about bitcoin. With this great example, people might see crypto in other light.
It is right that there are a lot of people who are using facebook but there are some points which are that firstly the owner of facebook is facing some issues from his government in starting his coin and other point is that many people who will not need any payment system in facebook will not use its coin and will just use facebook for connecting to other people.
sr. member
Activity: 756
Merit: 257
Freshdice.com
January 21, 2020, 11:57:31 AM
Honestly, who would buy this? Serious question! I've been reading about it and I don't see how Facebook can create a coin that upholds the values crypto portrays (censorship free currency).

https://tipestry.com/topics/5ce41169570b6c1f0750a040/facebook-to-release-its-own-cryptocurrency-on-whatsapp-%E2%80%93-libracoin-%E2%80%93-with-its-base-in-switzerland-and-first-launch-in-india


Facebook is a big company and one of the most famous social media website. Even my neighbor's dog has an account on Facebook. So, it won't be surprising that many will but and support it. This is also a good opportunity to introduce cryptocurrency to the public since many still do not know what is it aside from bitcoin. There are still people that I know I'm real life that only knows about bitcoin. With this great example, people might see crypto in other light.
sr. member
Activity: 910
Merit: 255
January 21, 2020, 11:51:05 AM
It is not a question at all...
believe me there will be a huge demand for facebook coin. facebook name is enough to be shilled and pumped by the community. Everybody will rush to buy before others  Smiley
jr. member
Activity: 392
Merit: 2
January 21, 2020, 11:39:48 AM
Am pretty sure if this Facebook coin or token actually happens its gonna be good for the crypto world because Facebook has alot users which would definitely bring more engagement to crypto currencies in general because the exposure would be awesome and hopefully it happens
full member
Activity: 518
Merit: 102
December 23, 2019, 03:03:06 PM
What happens if Facebook uploads $ 5 Libra to everyone's account? This is not a big job for Facebook. Of course it doesn't do it on fake accounts. KYC will request verification. As soon as Facebook enters this business, the whole world will change.
member
Activity: 1260
Merit: 21
December 23, 2019, 02:42:04 PM
You will be surprised the number of people that will rush to buy up libra once the sale is open, people are more concerned about making profit than any other thing, libra is a big project and many people will be very interested to take part in this project.
full member
Activity: 517
Merit: 101
December 20, 2019, 09:30:02 AM
Libra can be considered a revolutionary cryptocurrency project that can unite many people through social connections and money. This is a hybrid cryptocurrency with a wide range of features.
full member
Activity: 487
Merit: 105
December 20, 2019, 09:29:30 AM
This coin will only be bought by loyal Facebook supporters. The big players have already pulled out of this project and only the fans remain.
member
Activity: 504
Merit: 25
December 20, 2019, 05:44:00 AM
If Libra coin was built to be a better version of bitcoin i would have love to buy but it's not, instead it's just like usdt and USDC so i have no interest, no reason to keep or hold either
member
Activity: 412
Merit: 13
Trident Protocol | Simple «buy-hold-earn» system!
December 20, 2019, 05:02:13 AM
Honestly, who would buy this? Serious question! I've been reading about it and I don't see how Facebook can create a coin that upholds the values crypto portrays (censorship free currency).

https://tipestry.com/topics/5ce41169570b6c1f0750a040/facebook-to-release-its-own-cryptocurrency-on-whatsapp-%E2%80%93-libracoin-%E2%80%93-with-its-base-in-switzerland-and-first-launch-in-india


I see that there is a big influence from the plan to launch Facebook Coins ... there are many media that talk about this Facebook coin ... with this I became interested in having FaceBook Coin on private sale ... I will invest some of my money to be able to have Facebook Coin (Libra) ... and I'm sure Libra will develop well ...
hero member
Activity: 1484
Merit: 516
December 06, 2019, 02:05:55 PM
I think after the Facebook coin was launched, there is a possibility that the coin is a potential coin that we should try to use as an investment asset or be used as a form of trading, because Facebook coins must have prepared everything in detail so that it has a goal that the coins can continue to be developed in the future. besides that, of course Facebook already has its own media source that is suitable for promoting the coin to its users and of course it can affect investor interest.
hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
November 10, 2019, 12:23:49 PM

Personally, I believe that the coin issued by facebook will soon be in great demand. Since a very large number of users will want to invest in this interesting coin. As they say it would be what to buy and the buyer will always be there. So facebook will always have a lot of users.
it’s not a fact that Facebook will always have many users. cryptocurrency is just in the early beginning stage of development and in the future, there will be such tools that will be very strong competitors for facebook, but even if we don’t talk about competitors, I think that Libra will not appear very soon
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