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Topic: Who Would Really Buy Facebook Coin? - page 17. (Read 11161 times)

hero member
Activity: 2926
Merit: 567
May 22, 2019, 10:23:09 PM
#45
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.
hero member
Activity: 938
Merit: 501
May 22, 2019, 10:05:30 PM
#44
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.
full member
Activity: 910
Merit: 101
May 22, 2019, 09:35:13 PM
#43
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.
jr. member
Activity: 309
Merit: 1
May 22, 2019, 08:44:08 PM
#42
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.
jr. member
Activity: 546
Merit: 1
May 22, 2019, 08:36:45 PM
#41
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.
member
Activity: 728
Merit: 14
May 22, 2019, 07:54:46 PM
#40
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.
full member
Activity: 559
Merit: 102
May 22, 2019, 07:18:27 PM
#39
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.
sr. member
Activity: 798
Merit: 258
May 22, 2019, 07:12:06 PM
#38
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.
full member
Activity: 491
Merit: 100
May 22, 2019, 04:04:39 AM
#37
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.
sr. member
Activity: 994
Merit: 260
May 22, 2019, 04:04:17 AM
#36
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.
full member
Activity: 1008
Merit: 101
May 22, 2019, 03:53:48 AM
#35
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.
member
Activity: 350
Merit: 10
"In CryptoEnergy we trust"
May 22, 2019, 03:49:53 AM
#34
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.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
May 22, 2019, 03:48:34 AM
#33
Absolutely not
full member
Activity: 616
Merit: 100
May 22, 2019, 03:44:27 AM
#32
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
full member
Activity: 625
Merit: 100
May 22, 2019, 02:57:32 AM
#31
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.
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
May 22, 2019, 02:53:40 AM
#30
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.
full member
Activity: 546
Merit: 100
May 22, 2019, 02:38:13 AM
#29
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.
full member
Activity: 714
Merit: 114
May 22, 2019, 02:34:50 AM
#28
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   
sr. member
Activity: 684
Merit: 403
Leading Crypto Sports Betting & Casino Platform
May 22, 2019, 02:29:48 AM
#27
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
sr. member
Activity: 817
Merit: 250
May 22, 2019, 02:27:20 AM
#26
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.
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