Who Would Really Buy Facebook Coin? - page 7.

sijonru

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Many people will buy LIBRA, because it is very much talked about now and the coin will definitely grow after entering the exchange.

Of course many will buy Libra Coin because Facebook members reach 2 billion, although of course not all of them like Libra Coin. But with the growing crypto that is being used more and more of course the presence of Libra Coin will get an enthusiastic welcome.
This is evidenced by the increase in crypto prices as a whole because the impact of Libra Coin is the talk of the American government.

Kiefner

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A lot of people will want to buy this coin. Many people trust Mark Zuckerberg and want to support his project. So Facebook coin will be popular.

Handsome Boy

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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

I will buy Libra coin if the project already has a product and of course according to what was planned, so as long as Libra coin does not have a product and the project has not been completed or not according to the original plan, I will never invest in Libra coin and would prefer to invest in Bitcoin or Altcoin that already has a product.

BeginToMine

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One thing I have noticed in this crypto space is that people care more about hype and than the actual product, for example EOS isn't fully decentralised but it is in the too 10 in the cryptocurrency market, many people will buy it because of the potential profit they might make.

yvesp110

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Quote from: Bay_Harbour_Butcher on July 10, 2019, 11:34:02 AM

yes of course there will be many people who are interested in buying it, including me, even though the Facebook CEO himself, mark zuckerberg said that the facebook coin named libra will become a stable crypto coin, even so, I'm sure the demand will be more than on the offer and that is what makes the libra price rise

First you should really know what Libra coin is all about. It is the kind of coins that is going to bring a revolution based on the 2 billion huge active users of Facebook. Facebook is making use of this advantage to bank the unbanked. The coin will secure your assets thereby making is deflationary. SO it would be useless to expect returns like we do in case of Bitcoin.

Galley

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With a huge army of fans in its ranks, Facebook will get more support for its coin. The platform working with advertising and various affiliate programs will be able to attract investors to work in their own coin.

daenarys_stormborn

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Facebook coin named Libra seems to have attracted a lot of attention from crypto investors, and so do I, and if I have enough money, of course I will buy a Libra, because this Libra is a crypto coin that is really hype, and remember this is a coin from giant facebook company

42K

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Personally, I won't buy Libra because its yet to be launched as an exchange coin in cryptocurrency but there may be people out there who are really interested in investing in this Facebook coin because of its huge users. I won't be surprised if this happens.

94K

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Well this question is rhetorical and I think everybody must answer for him or herself but I think many people will be interested to buy this Facebook coin. Perhaps, Libra will grow after entering the exchange.

Metall303

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Quote from: timmmers on July 11, 2019, 12:02:50 PM

Cryptocurrencies were created as an alternative to bank payments. Cryptocurrencies were created for everyday use.
Facebook coin is not an investment or speculation just like other cryptocurrencies, it was created only for fast transfers (use).

That is why it will not be a cryptocurrency actually. it will be just an internal currency inside the facebook ecosystem and in fact, it will be very centralized

timmmers

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Cryptocurrencies were created as an alternative to bank payments. Cryptocurrencies were created for everyday use.
Facebook coin is not an investment or speculation just like other cryptocurrencies, it was created only for fast transfers (use).

Chinsmokers

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That`s all depends on the situation. And Why not, if the the coin will be a good for investments.Then I shall go with that. This is just like any other coin here in crypto. The launch may be some in 2020. For sure, they will make it better compared to other coins and we already know that Face has its name through out the world.

Bay_Harbour_Butcher

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yes of course there will be many people who are interested in buying it, including me, even though the Facebook CEO himself, mark zuckerberg said that the facebook coin named libra will become a stable crypto coin, even so, I'm sure the demand will be more than on the offer and that is what makes the libra price rise

sammy21

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Quote from: pant-79 on July 10, 2019, 06:48:44 AM

Of course, I will not dispute that LibraCoin will be a success and many people who want to make money will buy it. But don't claim that this coin will beat Bitcoin. From this statement I can only conclude that you have no idea what Bitcoin is, what its goals are and what problems it solves.

Certainly it will not be able to defeat Bitcoin Libra with a large community and the support of large companies, they will have such a large development fund. no wonder if many will be interested in having it. but I myself have not determined it, because everything depends on how the coin will function for their platform.

rawdog11

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Although I don't consider facebook coin a real cryptocurrency, it will drive lots of facebook users into the market. It'll be like a little baby stepping stone for people to think they're using crypto. Once it gets them comfortable they'll move to things like ripple/ltc/btc.

pant-79

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Quote from: romaleshc on July 05, 2019, 07:24:12 PM

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

There are alot of people wanting to buy Libracoin due to the high demand of this crypto. So that if you want to make a big profit in the next time, spend money for Libra and holding for the long-term. Libracoin will beat BTC in the next year I thinking because the Facebook is the big brand of the world.

Of course, I will not dispute that LibraCoin will be a success and many people who want to make money will buy it. But don't claim that this coin will beat Bitcoin. From this statement I can only conclude that you have no idea what Bitcoin is, what its goals are and what problems it solves.

TheClownSong

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Quote from: silent17 on July 08, 2019, 10:00:08 PM

Quote from: TheClownSong on July 08, 2019, 12:34:30 AM

Quote from: novy on July 07, 2019, 05:24:15 PM

Libracoin is a stable coin, which means it shouldn't go up and down. The purpose of this coin is tracking your payment activity and sell this statistics to companies who wants to sell some products based on this statictics.

In my opinion, Libra Coin will be the main currency on Facebook platform. About who wants to buy, I think many investors are lining up to buy because Libra coin used to transact on Facebook. I think, Facebook will develop seriously the marketplace on its platform

From what I read, facebook really do created a facebook currency that will only be used in the facebook network, According to what I read its really not a cryptocurrency, yes it uses blockchain technology, but it just like a fiat that and its price is not volatile and it's not even in any marketplace.

Ref: https://www.coindesk.com/libra-isnt-a-cryptocurrency-its-a-glimpse-of-a-new-asset-class

With a large social media platform and many members in many countries, Facebook provides facilities for transactions and with Libra Coin, every Facebook member can make transactions faster. With Libra Coin users estimated to be large, this will make the value of Facebook companies skyrocket

Zidan Bst

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Quote from: viananda2525 on July 09, 2019, 07:55:06 AM

maybe institution will participate too.it will be first coin that backed by giant company in the world that has millions users around the world.adoption will be very easy for libra coin.and its price will rise alot, maybe if libra held IEO we have to participate on it.

Libra has Big members of the association.there are Mastercard , Paypal, Ebay , Uber ,Xapo , Coinbase.
This coin will very strong and will good value on the exchange.

stclair

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Libra is a crap coin. The American gov will not let it pass. The only good thing is it bought lots of people here to get educated.

viananda2525

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Quote from: Zidan Bst on July 09, 2019, 06:33:48 AM

Facebook coin has hyped now even it not has launched.
So, many of big investors will participate on their token sale.

maybe institution will participate too.it will be first coin that backed by giant company in the world that has millions users around the world.adoption will be very easy for libra coin.and its price will rise alot, maybe if libra held IEO we have to participate on it.

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