Your thoughts on Facebook's GlobalCoin - page 16.

Marcus yoyo

full member

Activity: 728

Merit: 100

Quote from: 21GlobalCoin on May 25, 2019, 10:13:48 AM

GlobalCoin is coming. What are your thoughts on this new Facebook-made altcoin? What have you heard about it?

I think Facebook's GlobalCoin will be a potential and great new coin. This coin will become a new coin that is able to compete with the very volatile world of crypto currencies. This GlobalCoin will later have many enthusiasts and fans. I think this coin will be easily recognized by the public because it has a Facebook platform that is able to promote the coin easily. Facebook itself is a large company so there is no doubt about its platform. Without using any bounty campaign, this coin will be easily famous.

robelneo

legendary

Activity: 3416

Merit: 1225

Quote from: 21GlobalCoin on May 25, 2019, 10:13:48 AM

GlobalCoin is coming. What are your thoughts on this new Facebook-made altcoin? What have you heard about it?

They deserve headlines now that they have finally going to launch one, this has been going on since the creation of Bitcoin that large companies will have its own version of cryptocurrency and this is not surprising, I thought that we should all wait for the whitepaper to come out, there's too many speculations already might as well don't add more on it.

bvg96634

full member

Activity: 482

Merit: 117

It is designed to be a stable coin having a stable price, to prevent any fluctuations in the prices during the payment process. After speaking with the financial institutions, Facebook is thinking to contribute 1 billion dollars of may international fiat currencies, to stabilize the price, serving as a collateral.

damberg

full member

Activity: 658

Merit: 108

It is hard to tell without the whitepaper. From investor's point of view, being an early adopter may pay off well due to the media buzz around the Facebook coin. It can also draw attention to other altcoins.

GrosWesh

legendary

Activity: 2408

Merit: 1442

A lot of excitement begins to happen around the facebook crypto. Some fear it, others think it can be a catalyst for adoption of cryptos.

I do not really know what to think of it at the moment, since it will probably be a stable coin, I do not worry too much. To be continued

profitgenerator212

sr. member

Activity: 714

Merit: 251

I may not invest in Facebook Coin because of the fact that its designed to offer stability rather than the kind of green and red candles that produce profits and loss but I am quite sure it will drive traffic in the media and woo new cryptocurrency investors

DeathProxy

sr. member

Activity: 756

Merit: 251

World's First Crowd Owned Cryptocurrency Exchange

Its good that facebook recognises opportunity and they are taking deliberate move to be among the early adopters. This will increase the overall popularity of cryptocurrency globally

omone1

member

Activity: 845

Merit: 52

This is a good step from Facebook team, and it shows the level of high support gained by the cryptocurrency, it equally means cryptocurrency is not just a bubble as been alleged by some economic pundit. Facebook coin may not itself directly affect the market since it's a stable coin but will further make Facebook users to study about cryptocurrency.

shadow123

member

Activity: 658

Merit: 10

I think it will highly demand coin. The IEO/ICO will be finished in a flash. I think it is a good point to combine the crypto with social. More newcomers will join with crypto.

sky_Gritzz

full member

Activity: 402

Merit: 101

Quote from: coin-investor on May 26, 2019, 09:33:42 PM

Quote from: 21GlobalCoin on May 25, 2019, 10:13:48 AM

GlobalCoin is coming. What are your thoughts on this new Facebook-made altcoin? What have you heard about it?

They are not yet finalizing everything the last article I read was they are building a team around it, and they are going to launch last quarter of the year, we will read more news about this Facebook before the launching so I expect a lot of new threads about it, because people believe this is the biggest coin to launch in three years.

yes the recent news i read facebook want hiring Blockchain engineer for development blockchain for facebook blockchain project as i know for now.
i didn't heard another news from facebook blockchain project

marlboroza

legendary

Activity: 1932

Merit: 2272

Facebook and crypto. What can possible go wrong Roll Eyes

Chicky213

copper member

Activity: 476

Merit: 4

Quote from: TopT3ns on May 26, 2019, 08:52:04 AM

Maybe it will help people to use facebook better, or maybe this coin can be used to buy something in Facebook. But for me it is still altcoin even it will more famous than bitcoin. But bitcoin already central of crypto.

Well said, Facebook coin will help in the adoption cryptocurrency and make it known globally but it is still an altcoin. Bitcoin is still the number, I don't think it is possible for another coin to take its place.

fullhdpixel

hero member

Activity: 2828

Merit: 611

Quote from: BluRPie on May 27, 2019, 02:56:03 AM

As a stable coin there will be no reason to hold it. As a method of payment, I'd rather use a myriad of other untainted options.

That is if the payment method you mentioned will be accepted by Facebook. One thing that we need to get clear is that, Facebook coin may not be a global currency as people thought it will be, Facebook will only be a stable coin that will marketed to its users, and when we talk of users, we are not talking of regular users, but the commercial users on its platform.

We have millions of commercial users who would be willing to go through any method Facebook imposes on them because of the usefulness of Facebook platform to them in marketing their products to end users and regular customers on their platform. So this coin is not actually going to be for everyone, but for specific people on their platform.

cryptocoinjohnny

copper member

Activity: 11

Merit: 0

Facebook has surely brought great money and minds on this project, but I don't believe that it will impact the sector that much. Maybe people will use it on Zuckerberg's various platforms in the very beginning, but I doubt that the token will be used that much. This seems more of a symbolic approach from the institutional players to make crypto seem more secure and usable to the masses. Apart from that, I really doubt that it will have any Wow! effect.

john alex young

jr. member

Activity: 199

Merit: 3

Are you sure about this altcoin?
I welcome if the plan really happens. Because in my opinion this is an advance in cryptocurrency activity and we should support it.

Galantin

jr. member

Activity: 602

Merit: 2

Quote from: 21GlobalCoin on May 25, 2019, 10:13:48 AM

GlobalCoin is coming. What are your thoughts on this new Facebook-made altcoin? What have you heard about it?

I heard that the majority of large countries will not be able to use this coin. It upset me. And I did not like this policy. This coin does not deserve the name global. Angry

OptimusPrime_3

jr. member

Activity: 308

Merit: 1

The Facebook globacoin to me is a good this that can create mass adoption on the blockchain technology and create more popularity on the cryptocurrency market. So it's a wise investment to me and I think the price of it will be good.

dipeco

copper member

Activity: 210

Merit: 1

It would be the biggest event in the crypto currencies history. Facebook is such a huge company with outstanding influence and if they are going to go blockchain, we would definitely have a huge wave of new supporters.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Although I don't have much information about them or about the coin itself, I hope that it will give another competition between the other coin so we can have more chance to make a profit from the globalcoin.
But we need to wait for they release the coins to the public so we can start to invest with them (if we want to invest with them Grin

)
But it still difficult to compete with the other coin since the other coins have already had their history and maybe globalcoin need time to increase their price so they can start the competition.

samycoin

full member

Activity: 812

Merit: 100

Quote from: 21GlobalCoin on May 25, 2019, 10:13:48 AM

GlobalCoin is coming. What are your thoughts on this new Facebook-made altcoin? What have you heard about it?

Well I think this Facebook coin will be highly on demand to all who really want to buy. It's so far the launch of this Facebook coin but many are excited about the Facebook coin. We'll let see what will be the effect of this coin in crypto.

Topic: Your thoughts on Facebook's GlobalCoin - page 16. (Read 3544 times)