Who Would Really Buy Facebook Coin? - page 17.

aioc

hero member

Activity: 2926

Merit: 567

Quote from: PHDJarrod12 on May 21, 2019, 11:12:49 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

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.

hahahafr

hero member

Activity: 938

Merit: 501

I doubt strongly whether anybody would want to purchase Facebok Coin after all the regulations and sanctions their CEO made against crypto related ads on facebook platform. I am sure his greed has caught up to him and nobody would fall gullible and purchase facebook coin.

Atang Sulaeman

full member

Activity: 910

Merit: 101

if there really are a lot of people going to buy it, for what to use it, because the allotment of coins even though it is clear in its use and benefits.

NightMar_1St

jr. member

Activity: 309

Merit: 1

If fb releases a separate coin, I think with such a large number of users, fb will grow very fast and there will be lots of people buying fb coins.

Augustyusuf

jr. member

Activity: 546

Merit: 1

i think it depend on facebook, if facebook adding new feature due for using their token for the holder, like putting some cost for advertising on fb and cost by facebook token maybe.

sabine80

member

Activity: 728

Merit: 14

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.

ub27

full member

Activity: 559

Merit: 102

There are millions of people waiting to buy in should the rumours be true, the big question should be; will common people be allowed to buy in? I believe private investors will clear it off, just saying though. If really Facebook coin comes to lime light, it's a boost to the crypto market.

joromz1226

sr. member

Activity: 798

Merit: 258

Quote from: PHDJarrod12 on May 21, 2019, 11:12:49 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

The first thing question is does the founder of FACEBOOK knows this things? Because if the founder knows this, He supposed to be the one who will promote and announce it generally to his own platform on FB, isn't right? then will announce here also in bitcointalk forum. Because for sure if He do that their Facebook community will be glad to patronize it.

pics4crypto

full member

Activity: 491

Merit: 100

It seems to me that investing in a Facebook company that will release its coin is not very safe. Because most of the products that they release in order to collect information from us. I think that this coin will not be an exception.

EdvinZ

sr. member

Activity: 994

Merit: 260

Quote from: PHDJarrod12 on May 21, 2019, 11:12:49 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

Even if the cryptocurrency from Facebook will not free from censorship, this will not prevent speculators from investing in it. Facebook is the most important social network in the world, so many will want to acquire the cryptocurrency of this network resource in the hope that its value will increase.

MUG1WARA

full member

Activity: 1008

Merit: 101

This is a company with real products, of course, everyone will invest in this project, and when traded and has a pretty good price, there will be many companies that will push their Facebook name higher.

pinoy.bolanon

member

Activity: 350

Merit: 10

"In CryptoEnergy we trust"

Quote from: PHDJarrod12 on May 21, 2019, 11:12:49 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

Ive came across to some certain links that says new facebook coin, but i believe this is not the right coin of facebook, maybe this is just another shitcoin run by impostors, we should be aware of what facebook stand for cryptocurrency, they are not yet releasing any news that they are creating new coin for themselves, this is just a hype i think.

iGotSpots

legendary

Activity: 2548

Merit: 1054

CPU Web Mining 🕸️ on webmining.io

Absolutely not

ryan992

full member

Activity: 616

Merit: 100

Im sure there will be a huge numbers of supporters of facebook coin, because its Facebook, a big company not like some other unknown company in bounty campaign, im sure it will good

baigreen

full member

Activity: 625

Merit: 100

I think that the coins will be bought by all those who believe in what they can earn on it. In general, if the coin plays the role of money on the FB itself, it will be popular and regularly used for advertising.

serjent05

legendary

Activity: 2884

Merit: 1258

Quote from: lyks15 on May 22, 2019, 03:38:13 AM

If you were asking me if I will buy facebook coin. My answer is no. Because if we are thinking for our security we will invest on more strong and old coins that already proven and tested like bitcoin. Because you will invest money and time so for me I will go to more trusted not only latest coin.

For me, if I can get a profit, why not. Come on.. let us be realistic every investors is aiming to get profit. Facebook had shown its capability both pros and cons. But I believe their investors and partner will be the first one to jump in. I am a facebook user myself and aside from getting profit, I do not see any reason to buy Facebook Coin since I never buy any of their offered services and use it only for the free messenger. Probably this will be the first one Grin

.
As for the highlighted, FB maybe new, but I bet it will have a very strong community around it simply by looking at its userbase and clients.

lyks15

full member

Activity: 546

Merit: 100

If you were asking me if I will buy facebook coin. My answer is no. Because if we are thinking for our security we will invest on more strong and old coins that already proven and tested like bitcoin. Because you will invest money and time so for me I will go to more trusted not only latest coin.

shesheboy

full member

Activity: 714

Merit: 114

Quote from: HanaTenun on May 22, 2019, 03:27:20 AM

Quote from: mrdeposit on May 22, 2019, 02:47:39 AM

Most likely, this coin will be of great interest. Imagine Facebook is creating its own crypto. Presumably sale will take less than 10 minutes to reach hard cap. But, it is obvious that there will be a big hype.

then what will be the value of their coins? The Facebook platform is very large. I have not understood later how to work from using their coins for social media platforms.

Depends on them . Small , mid or high value , the coin can still be indemand because like what you said facebook is a large platform and it do have alot of fans and like what the guy above said , the token sale could only take less than a minute for them to reach a soft/hard cap . And to the question of who would buy a facebok coin ? Facebook users obviously because the coin will work as an official currency/payment method for facebook

Carollzinha

sr. member

Activity: 681

Merit: 396

Leading Crypto Sports Betting & Casino Platform

I've been reading about their coins for a couple days now.. I found their project quite interesting but to be honest I am not sure I would invest on it.. it would be a matter of time to see how things goes and if they can keep things as interesting as they seem now

HanaTenun

sr. member

Activity: 817

Merit: 250

Quote from: mrdeposit on May 22, 2019, 02:47:39 AM

Most likely, this coin will be of great interest. Imagine Facebook is creating its own crypto. Presumably sale will take less than 10 minutes to reach hard cap. But, it is obvious that there will be a big hype.

then what will be the value of their coins? The Facebook platform is very large. I have not understood later how to work from using their coins for social media platforms.

Topic: Who Would Really Buy Facebook Coin? - page 17. (Read 11118 times)