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Topic: Who Would Really Buy Facebook Coin? - page 11. (Read 11161 times)

full member
Activity: 1022
Merit: 100
Meta4uStake.io
July 04, 2019, 12:37:56 PM
I listen to news that is similar to what happened that Facebook will release their virtual currency and maybe an opportunity for people to buy when the price gets a discount.
maybe it happened, because some of the marketing from the team to make interest in libra coins increased later after they released coins in exchange. but he said the Libra coin is a stable asset that might not move as altcoin. if there is a discount it might be interesting.
member
Activity: 448
Merit: 12
July 04, 2019, 12:34:38 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


I will buy a facebook coin (Libra) because I am sure this project will be a big success and I am also sure there are very many investors who will support this project so that they can achieve the highest sales and can be listed on the big market too ... as we know that Facebook has have big and trusted names all over the world .. so I am sure that this project will gain the trust of many investors to support the success of facebook coin (LIBRA) ..
since this project has already been announced, all available information points to a really interesting project that can really be in high demand in society.  But today there is already information in the media, which is also being discussed at the forum that the US Congress sees a big problem because of Libra, which can create strong competition for the dollar.  We understand what the problems with the dollar are facing for the world economy, and therefore some sanctions may already be imposed on this project. 
full member
Activity: 798
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Reward: 10M Shen (Approx. 5000 BNB) Bounty
July 04, 2019, 12:27:44 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


I will buy a facebook coin (Libra) because I am sure this project will be a big success and I am also sure there are very many investors who will support this project so that they can achieve the highest sales and can be listed on the big market too ... as we know that Facebook has have big and trusted names all over the world .. so I am sure that this project will gain the trust of many investors to support the success of facebook coin (LIBRA) ..
hero member
Activity: 994
Merit: 502
July 04, 2019, 10:41:06 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

Those who want to earn will buy with a big pleasure. FB has a name, and this is often the only thing that is needed. About FB knows a lot of people all over the world, with ordinary people, so that a large number of people may actually be interested in this crypto project. Also, don't forget that in a bull market even a seedy shit coin can make great profits.
full member
Activity: 672
Merit: 100
July 04, 2019, 10:02:17 AM
Since the economic model is more of centralization and a stablecoin for that matter then I don't think I can invest my money in such because there is little or no profit in investing on stablecoin.
newbie
Activity: 56
Merit: 0
July 04, 2019, 09:33:22 AM
hey , everyone. recently i have found an interesting thread regarding this discussion. You can check it following the link.
jr. member
Activity: 1050
Merit: 1
June 29, 2019, 02:49:32 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

Censorship and centralization is a great issue no die-hard crypto believer will ever come in term with. And fb coin is built on this two features. However, many are having a second thought about Facebook coin and the reason is that the massive adoption it is bringing to the cryptocurrency industry. With fb massive database, bitcoin and other coins are on the journey to reach more population.
member
Activity: 700
Merit: 10
June 24, 2019, 07:41:06 PM
Honestly, for now, I'm still confused about whether to buy or not. I need deeper analyss and also the chance for this coin later. However, actually, this coin from Facebook is very promising, moreover, they make a certain partnership with Visa and PayPal. That is why it is interesting and need to analyze more.

From what I read, facebook coins are like stablecoin. I think this is not an investment because as far as I know it's like USDT. It's better to invest in bitcoin or good altcoin because it's more profitable
member
Activity: 812
Merit: 11
June 24, 2019, 07:07:56 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 large platform with members spread throughout the world. At least Facebook members will buy Libra Coin to facilitate transactions between Facebook members. I think with the support of various large companies, Libra Coin will have many holders
member
Activity: 630
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rocket.hashbon.com
June 24, 2019, 06:14:07 PM
Honestly, for now, I'm still confused about whether to buy or not. I need deeper analyss and also the chance for this coin later. However, actually, this coin from Facebook is very promising, moreover, they make a certain partnership with Visa and PayPal. That is why it is interesting and need to analyze more.
hero member
Activity: 2184
Merit: 531
June 24, 2019, 04:59:17 PM
Banks and big companies who want to be part of Facebook are going to buy Libra coin. But i don't want to buy it. But i am afraid that it will be replacing the credit cards and that we will have to use it to buy things on the internet, as Visa and Mastercard are going be part of it. Facebook want to be your next bank.
It can help boost cryptocurrencies if it can be exchanged against Bitcoin and altcoins. But Libra coin is not a coin for traders, except if the bear market come back.

You can sleep well because it won't replace credit cards all around the world. Not all countries want to drop fiat and become cashless.

Many people live without credit cards and just use debit cards. Do you think that they will be able to suddenly make a hundred million of their users switch from fiat to a stablecoin? A financial crisis will hit long before it happens.
member
Activity: 281
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Arabs Bitcoin CEO
June 24, 2019, 04:49:09 PM

who did not use Facebook, in fact the creation of Facebook Coin will educate all the world about crypto, that is an advantage for all good project in crypto.
so many people will buy Facebook Coin even new comers will join crypto world. 
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
June 24, 2019, 02:18:15 PM
I would prefers facebook follows the normal process most altcoin launchers followed ie launching of their ICOs possibly using the bounty section here thus Libra coin will attract many cryptos investors I believed this forum covers much on all crypto related stuffs and having millions of crypto enthusiasts who are well informed and enlightened on cryptocurrencies.
Facebooks having a larger proportion of users does not mean the users are crypto friendly I suggest they follow the footprint of other coins by tabling their road map thus attracting more investors.
full member
Activity: 574
Merit: 100
June 24, 2019, 08:48:58 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


Pretty sure there will be buyers because facebook is a huge company and has a lot of users and supporters. For starters, I think the users will be the one to first to buy. Huge companies might also invest since facebook are the one creating the coin. I think its a good step for facebook to enter cryptocurrency because its the trend and crypto will be the future of currency.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
June 24, 2019, 08:30:06 AM
They have wide source of audience and the first clients that will surely buy their coins will be the advertisers especially if they are going to use their Facebook coin as a main type of their ads payment.

Facebook have plenty of ads and many are trying to advertise their goods and services especially if they can benefit from it. But for the traders and investors, there is a little chance that they will embrace Facebook coin.

member
Activity: 409
Merit: 10
Join @Bountycloud for the best bounties!
June 24, 2019, 08:27:12 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 coin has two types, one type is for Facebook ecosystem and exchange like as stable coins, other type is for big foundations or big investors who can contribute huge amounts of capital
full member
Activity: 448
Merit: 100
June 24, 2019, 08:18:31 AM
Because of the huge number of Facebook users. Whether you buy it or not, you can't ignore it. There is still a long way to go in the future encryption world. So. I can say with certainty that I will buy it.

hero member
Activity: 906
Merit: 507
June 24, 2019, 06:48:24 AM
I want nothing to do with anything Facebook has  to do with they are constantly getting caught selling our private information I stopped posting updates on my business page almost a year ago and have been doing just fine without them, people are always complaining about banks locking their accounts and knowing their business are you really going to trust Facebook every time you send money they are going to be saving that info
full member
Activity: 644
Merit: 117
swing!
June 24, 2019, 06:22:20 AM
If it makes my transaction easier with more anonymity I would definitely use it, the biggest benefit for me might just the ease of paying overseas services, or maybe crypto stuff. Yet I believe it ain't gonna be easy for a widespread implementation where nations might have a loosen track on their currency. Buying stable coins in local currency is pretty expensive, we would see how libra does it
newbie
Activity: 56
Merit: 0
June 24, 2019, 04:50:36 AM
ofc, facebook intends to capture some part of the cryptocurreny market in order to give all people acess to basic financial services.
btw,regards to this thread.i've found related article so u can read & figure out more.
here's a link.
https://finance.yahoo.com/news/facebook-inc-fb-wants-more-220415665.html
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