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Topic: Who Would Really Buy Facebook Coin? - page 16. (Read 11118 times)

full member
Activity: 924
Merit: 106
homt.net
May 24, 2019, 03:49:44 AM
#64
Facebook coin is not a typical decentralized cryptocurrency where you can speculate on the future price. Facebook coin is pegged to a real dollar, why then you should be interested in this coin? We already have good independent stable coins.
legendary
Activity: 1442
Merit: 1025
May 24, 2019, 03:48:57 AM
#63
Depends on what they will use it for. If facebook is serious about this and will make it their mission to actually worth something then I would totally buy it, I don't know where the exchanges will be or how we will be able to buy or sell but in the end if its not something like an experiment then it will have a decent value.

Look at facebooks stocks, even though it bottomed after that Cambridge Analytica or congress and what not deals its still quite more than when it first started out and that is with facebook getting less and less used but they bought instragram and whatsapp which made them worth a lot more. However, if it is just some sort of blockchain experiment then there is no need to actually buy it since it will probably be shelved quite quickly.
sr. member
Activity: 1022
Merit: 264
May 24, 2019, 03:44:00 AM
#62
They probably will just create one pegged to USD or EUR Smiley Imagine you will be able to send friends , pay or any other thing throught messenger , whatapp Smiley Probably merchants will take it aswell , instant payments without carrying your wallet , cards with you Smiley Something like Alipay , appleplay Smiley Quite interesting . I don't think Facebook will risk to create token that will fluctate in price , imagine all the bad reviews around internet that somebody bought FacebookCoin for 10 cent's and after few hours he lost double the value lol , ofcourse would be interesting to see one
full member
Activity: 1218
Merit: 112
May 24, 2019, 03:32:34 AM
#61
I think that it is quite premature to talk about Facebook Coin, at first let this coin come to the market to see what happens. If it is useful then who knows facebook users may buy it.
legendary
Activity: 1302
Merit: 1037
May 24, 2019, 03:00:16 AM
#60
i will certainly not use the facebook token, i do not even use facebook. but i am certainly an exception, because i am sure many people will use the facebook token. that is good for crypto and that is why i am looking forward to the fb token.
It is not everyone that has reason to use Facebook, but those that have reasons to use Facebook are much more than those that doesn’t, aside those who doesn’t know Facebook yet. Facebook has over 1 billion users and it needs just between 3 to 10% of these figure for it to succeed with this project.

Wherein we have over 30% of this total figure that uses Facebook for business and I can guarantee you that when they launch the coin, virtually 80% of those that uses Facebook for business will embrace the coin, aside the business aspect of it, I learnt that it will also be rewarding its users for using the platform for their social activities.
jr. member
Activity: 392
Merit: 2
May 23, 2019, 06:48:50 PM
#59
Facebook has over 2 billion active users on monthly bases and I suppose some of them would buy Face Coin. Facebook is
entering the crypto space a bit late, but I am sure they will catch up and they will make big impact on it.
full member
Activity: 616
Merit: 101
ADONX - A New Exchange Era
May 23, 2019, 06:20:23 PM
#58
Isn't that just a rumor? Someone made an official statement about the launch of the coin or at least the development? 
full member
Activity: 736
Merit: 100
Adoption Blockchain e-Commerce to World
May 23, 2019, 04:06:57 AM
#57
 Grin In unknown projects, you do not doubt. And when the giant goes to the market you have doubts about its use. I think that FB has a strict plan how to make another $ 1.000.000.0000 so that they will find a worthy use of their coin.
legendary
Activity: 2758
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
May 23, 2019, 04:03:35 AM
#56
Imagine if all of facebook users bought facebook coin and involved in crypto i think might be the demand for crypto will be more huge than now and if facebook coin successfully i think we will see volume of support for crypto will increase with automatically the effect for the market will be very good however i think there will be large number of people bought facebook coin so let's be optimistic about it
jr. member
Activity: 417
Merit: 1
May 23, 2019, 03:54:36 AM
#55
Good news is around the corner. This news will surely make positive effects in the world of cryptocurrency, which is still in the process of being adopted by the entire world. I think everybody want to buy the coin issued by social media giant. Everybody wants to make money. Facebook coin will get the attention of a large number of investors and it will be a big success I think. 
legendary
Activity: 2842
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
May 23, 2019, 03:32:47 AM
#54
I'm sure there are private company to buy or will be open to public for investors around the world but I would not be one of them, even Facebook is my main social media to engage with people. I have no intention to buy it anyway, there are a lot good coin to hold already and I don't need to add facebook coin on my portofolio. I prefer to earn it (if possible), instead of buy it.
Well, I believe that Facebook coin will also come with its own rewarding system that will enable people like you fit in, but for people like me, I have my business running on Facebook and they have helped me grow in it over the years by making my product known to the world out there.

Making payment for Facebook advert sometimes comes with its own limitation still because of the bank policies. So with the introduction of Facebook coin, people like me will definitely use buy their coins and be able to pay for your advert easily, while at the same time still earn reward doing so.
legendary
Activity: 1512
Merit: 1041
May 23, 2019, 03:03:11 AM
#53
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 has always been a player in this social media industry, which is why they have done everything possible to stay on top and they would have explored this option before deciding to join the crypto race.

First question you need to ask is how they make their money? How did Facebook manage to be among the richest person? Wherever Facebook is getting their money from is exactly where most of their coin will go and one of which I can guarantee you is advert section. Do you know how many people who use Facebook advert for their business on a daily basis? This number of people is far more than enough to keep Facebook coin alive for eternity, not to talk much of other avenues they use in making money.
member
Activity: 770
Merit: 10
https://streamies.io/
May 23, 2019, 12:42:09 AM
#52
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 not buy facebook coins in crypto market. I feel it will be a pretty big risk. I will only trade when there are good news and do not want to hold long. Because Facebook is one of the big US businesses and manipulation will be very difficult. I will only buy their stocks and not buy their coins.
sr. member
Activity: 1372
Merit: 322
May 23, 2019, 12:16:44 AM
#51
Deep down I really want to resist but I have a feeling that I will miss the boat if I choose against it... I will be watching it closely but I might invest a small amount
There's nothing to miss because the coin will be stable coin and there are no chance of gaining profit. It will simply be used as a way of transferring money conveniently. No other purpose will serve.
sr. member
Activity: 1078
Merit: 256
May 23, 2019, 12:14:13 AM
#50
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


They are the giant here so they can always do manipulation of the market and always set the trend in anything they do, so expect a lot of fake pumps and dumps when this Facebook coin finally hit the market, it's like spending some to make 10 times profit and we all just follow their leads.
Commonly will happen along the way, big players who have some trust or partners with this giant company can do all things like this, they can hyped the market according to the set plans and dumped it over when they already have enough, the future will tell every one of us if how this coin will performed after it will be releases.
jr. member
Activity: 199
Merit: 1
May 23, 2019, 12:06:39 AM
#49
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 genuinely think people would still buy it. I've seen a trend where a project is being hugely supported if it has a reputable or a big name behind it. And no doubt that Facebook is one of them that can do it. Similar to a digital collectible project who has one of the founders of Pokemon, they're selling out their private sales and IEO quick. I'm not saying that it's the key to a successful project but that can play a big factor. And even though some people don't see the use case of the Facebook coin, I really think it will attract investors and supports to join in. Imagine Mark Zuckerberg going to events and promoting this.
full member
Activity: 527
Merit: 113
May 22, 2019, 11:39:12 PM
#48
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


What do you know about payment gateway. Facebook will launch a payment system on their affiliated merchants and client which will be smooth the transaction of their activity such as ads, promotions and any services facebook can offer. If you dont see its privilege then youre not understanding the advantage of it. Also, it isnt sure whether Facebook will be connected and do the system on a blockchain, since there is no announcement of it till now. The only thing we knew is the fact that they wanna raise 1B funds for launching this project. We will see later on what will be the case later.
jr. member
Activity: 184
Merit: 1
May 22, 2019, 11:57:36 PM
#48
Deep down I really want to resist but I have a feeling that I will miss the boat if I choose against it... I will be watching it closely but I might invest a small amount
legendary
Activity: 2436
Merit: 1189
Need Campaign Manager?PM on telegram @sujonali1819
May 22, 2019, 11:48:27 PM
#47
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

So it will be launched in India first? Though I am not sure about the news but if it will happen ,it will be good for Indians.
Quote
Honestly, who would buy this?
I think most of the company which are supporting crypto will buy the Facebook coin by investing lot of money in crypto. And I also think most of the crypto lover will buy the Facebook coin because Facebook is the large social media company in the globe and it has lot of users. So when facebook will promotion their project by the social media we can see easily the supporters of facebook coin.
member
Activity: 896
Merit: 17
May 22, 2019, 11:24:44 PM
#46
I think they and IEO do not need to carry out , will send all users of facebook advertising about the token , with so many users in this social network, it will happen quickly and easily.
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