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Topic: Who Would Really Buy Facebook Coin? - page 18. (Read 11118 times)

hero member
Activity: 1358
Merit: 509
May 22, 2019, 02:47:39 AM
#25
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.
hero member
Activity: 2884
Merit: 581
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May 22, 2019, 03:23:15 AM
#25
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 hope it's not another Electroneum that has billions of supply and made a lot of hype but only  come out short of people's expectation, although Facebook has everything, he can only promote it on people that are already on cryptocurrency, educating his billions of users who are not yet in Cryptocurrency will take time.
sr. member
Activity: 1372
Merit: 252
May 22, 2019, 01:58:05 AM
#24
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 just found out about it, can it really be profitable or not if I buy it. better before deciding to buy it is better to analyze it deeper for the future, so that the profits can be in accordance with what is expected. and always be vigilant about fraud, now there are many ways people want to benefit in an instant and easy way.
sr. member
Activity: 1330
Merit: 326
May 22, 2019, 01:54:15 AM
#23
Im pretty sure there will be a huge numbers of supporters of facebook coin,theres a huge userbase for facebook and im pretty sure there are hundred of thousands of bitcoin or cryptocurrency user in general plus im pretty sure that facebook will get big partnerships from other platforms like wechat/instagram and many more.

Probably. I am one of those who are waiting for that facebook coin. If ever fb coin will be created, i will not hesitate to invest into it. OP, you are being pessimistic about it. Look at the brighter side of it. Anyway, they are just planning it. Hence, they will gonna develop and improve more of their projects. Let's not judge it immediately.
jr. member
Activity: 280
Merit: 2
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May 22, 2019, 01:49:31 AM
#22
That's for your own mind only ,Facebook has huge supporters that won't think twice before investing in Facebook coin and I'm sure that the demand will be so huge too ,let's not underestimate yet 
jr. member
Activity: 448
Merit: 2
May 22, 2019, 01:47:40 AM
#21
Are you kidding me? A big tech company like Facebook? They will not look for who to buy it, don't be surprised that it has all been booked sort of. So you are just beating yourself up unnecessarily over the Facebook crypto asset. The buyers are out numbered more than you can expect
sr. member
Activity: 994
Merit: 257
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May 22, 2019, 01:46:55 AM
#20
Those who supports FaceBook would buy it and we don't know what would the features of this crypto would be.
If it would be used as a payment on their site and they would give something to the holders then they could really get so many supporters.
hero member
Activity: 2814
Merit: 576
May 22, 2019, 01:45:45 AM
#19
Probably big company, but we will know if it's out in the market for trading.

Buying facebook coin is like you are investing in their profitable company, so I think it's not a question now as we know they have a good reputation and their company is very profitable.

Honestly, I cannot give my full opinion as I haven't read the whole purpose of this coin, but you know because it's coming from a big company, they will not have a hard time selling it, and convincing people to buy it.
hero member
Activity: 1932
Merit: 506
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May 22, 2019, 01:44:25 AM
#18
It is not the question of who instead the best question is why we need to buy this? Facebook is very popular platform right now and there is a big chance that the Facebook users will use it's upcoming currencies.

There are plenty of usage in it's currencies. For example if they are going to use their currencies as one of the payment option for their advertisements then the advertisers will surely buy their currencies.
full member
Activity: 980
Merit: 114
May 22, 2019, 01:41:13 AM
#17
Facebook coin will definitely get a huge number of investors because users will believe it will be a stable coin and Facebook already have the public trust which will burst the confidence in the investors mind. Am waiting to see if the Facebook coin will be a tradable token or just utility token that will only be used on they platform.
full member
Activity: 1204
Merit: 102
May 22, 2019, 01:31:04 AM
#16
for sure those who need it. if Facebook coins can be used to pay for their services this might work. You know the service of Facebook ads, one of the biggest advertising media after Google Ads. so if a Facebook coin can be used to pay for it, there will be many who need this coin. I'm still optimistic that if Facebook releases their coins, there will be a big change that will occur in the market. maybe their coins will go straight into the top 5 marketcap coins.
sr. member
Activity: 1246
Merit: 255
May 22, 2019, 01:21:37 AM
#15
why cant facebook produce a coin that will meet up with crypto standard?
i feel it should be more than qualified, if has been an internet contributing platform that will be readily available for bounty campaign and it is financially capable, it acquires billion sales yearly. i hope to be a part of the project.  
full member
Activity: 1904
Merit: 138
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May 22, 2019, 01:20:42 AM
#14
Of course there are why have you asked that? Theres are many useless projects even existing in the market without true use in the industry out there compared to facebook coin itself.

Exactly. Considering the scope of facebook alone, they will have better reach than other crap coins. And thinking of Zuckerberg, he will not let fb coin be branded under shitty ones. They will find ways how to utilise this coin within their platform alone. So yes, I believe there are users that will buy this coin.
sr. member
Activity: 1260
Merit: 251
May 22, 2019, 01:09:07 AM
#13
I am of the opinion that the coin made by Facebook will later function to buy all the services that are on its platform, such as advertisements, games and maybe they will give it as a reward for its users, just like youtube or google ads. But I am not very sure of the article that you shared, because the news about Facebook coins has existed from several years ago, but until now there is nothing and if I am not mistaken that regulations in that country are not friendly or support crypto.
member
Activity: 616
Merit: 11
TRADE WITH NEGATIVE FEES
May 22, 2019, 01:01:41 AM
#12
Of course there are why have you asked that? Theres are many useless projects even existing in the market without true use in the industry out there compared to facebook coin itself.
legendary
Activity: 2226
Merit: 1086
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May 22, 2019, 12:46:48 AM
#11
What is clear, we need to understand first about the coins that will be created by Facebook. Learn the concepts, systems, and various advantages that are given, including the roadmap. because with that, surely investors will increasingly know and possibly be interested in the coin. If the coin is indeed promising, then we don't need to ask who will buy it, because investors certainly know which coin is the best.
sr. member
Activity: 1008
Merit: 355
May 22, 2019, 12:44:10 AM
#10
Im pretty sure there will be a huge numbers of supporters of facebook coin,theres a huge userbase for facebook and im pretty sure there are hundred of thousands of bitcoin or cryptocurrency user in general plus im pretty sure that facebook will get big partnerships from other platforms like wechat/instagram and many more.

Yes, of course. The way I am seeing it, Facebook will have its own coin and it can be official currency in all the social media platforms controlled by Facebook. All advertisers of these platforms will be using the coin to transact business. And this is a huge market...as Facebook is generating billions of sales annually. Then there is the possibility that Facebook will establish partnerships with other businesses and organizations. Wow, this can be a big coup for Mark and his minions. Of course, not unless something can be go wrong that result into a big disaster but knowing the kind of vision and expertise that Facebook people have the chance for success of this endeavor is absolutely so high. I am now wondering: Will this lead Mark to be the unofficial King of Cryptocurrency?
hero member
Activity: 1358
Merit: 850
May 22, 2019, 12:39:30 AM
#9
Everyone will buy it. Facebook is one of the biggest giant in technology, I believe they will bring a coin which will widely be accepted for money transferring. This will probably be a revolution. Nevertheless, it is better for the whole cryptocurrency industry because more people will be concerned about cryptocurrency.
full member
Activity: 870
Merit: 125
May 22, 2019, 12:36:49 AM
#8
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


Advertiser would require facebook coin to advertise on facebook and content creators and users would earn facebook coin from using facebook platform. It's more like what brave browser imagined the internet to be. And facebook would just act as a medium and take the commission in between. Facebook is already a successful media even when it's greedy and keeping all of its profit to itself. Imagine how successful it would be when it pays its users for their dedication. A youtube and steemit all at once.
sr. member
Activity: 1050
Merit: 254
May 22, 2019, 12:14:52 AM
#7
Yes i would, i'm sure once facebook coin token sale start, it will easily sold out in a minute or even in a second. Investor will buy with a big amount for sure. Me myself will buy facebook coin too, if we can use facebook coin on facebook platform, the price of facebook coin will increase for sure.
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