Bitcoin Forum

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

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.

I'm sure there are private company to buy or will be open to public for investors around the world but I would not be one of them, even Facebook is my main social media to engage with people. I have no intention to buy it anyway, there are a lot good coin to hold already and I don't need to add facebook coin on my portofolio. I prefer to earn it (if possible), instead of buy it.

Forgive me but I don't see any article talking about facebook having a launch of their crypto coin in India. If I'm not mistaken, their coin would be stable coin and it will launch on Q3 of this year. Actually, nobody would invest on stable coins lol. This is an ache to people, the project is good the project isn't only a project it is not a drawing they have a concrete platform that is used by many. Yet, their coin is stable.

Probably... only if I need to purchase goods or services that is only offered via the FB platform.

I don't like Facebook for its censorship and for selling out your information.
Never had FB, Friendster or any other socmed accounts that could be tagged to my real world identify.

I think this brand of coin it will be huge success because Facebook is well know and i think their coin will serve as payment for their services like for ads and purchase and their are lots of possible use their coin

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.

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.

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.

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?

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.

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.

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.

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.

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.  

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.

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.

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.

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.

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.

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

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 

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.

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.

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.

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.

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

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   

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  ;D.  
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.

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.

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

Absolutely not

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

I think they and IEO do not need to carry out , will send all users of facebook advertising about the token , with so many users in this social network, it will happen quickly and easily.

So it will be launched in India first? Though I am not sure about the news but if it will happen ,it will be good for Indians.
I think most of the company which are supporting crypto will buy the Facebook coin by investing lot of money in crypto. And I also think most of the crypto lover will buy the Facebook coin because Facebook is the large social media company in the globe and it has lot of users. So when facebook will promotion their project by the social media we can see easily the supporters of facebook coin.

Deep down I really want to resist but I have a feeling that I will miss the boat if I choose against it... I will be watching it closely but I might invest a small amount

I genuinely think people would still buy it. I've seen a trend where a project is being hugely supported if it has a reputable or a big name behind it. And no doubt that Facebook is one of them that can do it. Similar to a digital collectible project who has one of the founders of Pokemon (http://ecomi.com?utm_source=ecomilx), they're selling out their private sales and IEO quick. I'm not saying that it's the key to a successful project but that can play a big factor. And even though some people don't see the use case of the Facebook coin, I really think it will attract investors and supports to join in. Imagine Mark Zuckerberg going to events and promoting this.

Commonly will happen along the way, big players who have some trust or partners with this giant company can do all things like this, they can hyped the market according to the set plans and dumped it over when they already have enough, the future will tell every one of us if how this coin will performed after it will be releases.

There's nothing to miss because the coin will be stable coin and there are no chance of gaining profit. It will simply be used as a way of transferring money conveniently. No other purpose will serve.

I will not buy facebook coins in crypto market. I feel it will be a pretty big risk. I will only trade when there are good news and do not want to hold long. Because Facebook is one of the big US businesses and manipulation will be very difficult. I will only buy their stocks and not buy their coins.

Facebook has always been a player in this social media industry, which is why they have done everything possible to stay on top and they would have explored this option before deciding to join the crypto race.

First question you need to ask is how they make their money? How did Facebook manage to be among the richest person? Wherever Facebook is getting their money from is exactly where most of their coin will go and one of which I can guarantee you is advert section. Do you know how many people who use Facebook advert for their business on a daily basis? This number of people is far more than enough to keep Facebook coin alive for eternity, not to talk much of other avenues they use in making money.

Well, I believe that Facebook coin will also come with its own rewarding system that will enable people like you fit in, but for people like me, I have my business running on Facebook and they have helped me grow in it over the years by making my product known to the world out there.

Making payment for Facebook advert sometimes comes with its own limitation still because of the bank policies. So with the introduction of Facebook coin, people like me will definitely use buy their coins and be able to pay for your advert easily, while at the same time still earn reward doing so.

Good news is around the corner. This news will surely make positive effects in the world of cryptocurrency, which is still in the process of being adopted by the entire world. I think everybody want to buy the coin issued by social media giant. Everybody wants to make money. Facebook coin will get the attention of a large number of investors and it will be a big success I think. 

Imagine if all of facebook users bought facebook coin and involved in crypto i think might be the demand for crypto will be more huge than now and if facebook coin successfully i think we will see volume of support for crypto will increase with automatically the effect for the market will be very good however i think there will be large number of people bought facebook coin so let's be optimistic about it

 ;D In unknown projects, you do not doubt. And when the giant goes to the market you have doubts about its use. I think that FB has a strict plan how to make another $ 1.000.000.0000 so that they will find a worthy use of their coin.

Isn't that just a rumor? Someone made an official statement about the launch of the coin or at least the development? 

Facebook has over 2 billion active users on monthly bases and I suppose some of them would buy Face Coin. Facebook is
entering the crypto space a bit late, but I am sure they will catch up and they will make big impact on it.

It is not everyone that has reason to use Facebook, but those that have reasons to use Facebook are much more than those that doesn’t, aside those who doesn’t know Facebook yet. Facebook has over 1 billion users and it needs just between 3 to 10% of these figure for it to succeed with this project.

Wherein we have over 30% of this total figure that uses Facebook for business and I can guarantee you that when they launch the coin, virtually 80% of those that uses Facebook for business will embrace the coin, aside the business aspect of it, I learnt that it will also be rewarding its users for using the platform for their social activities.

I think that it is quite premature to talk about Facebook Coin, at first let this coin come to the market to see what happens. If it is useful then who knows facebook users may buy it.

They probably will just create one pegged to USD or EUR :) Imagine you will be able to send friends , pay or any other thing throught messenger , whatapp :) Probably merchants will take it aswell , instant payments without carrying your wallet , cards with you :) Something like Alipay , appleplay :) Quite interesting . I don't think Facebook will risk to create token that will fluctate in price , imagine all the bad reviews around internet that somebody bought FacebookCoin for 10 cent's and after few hours he lost double the value lol , ofcourse would be interesting to see one

Depends on what they will use it for. If facebook is serious about this and will make it their mission to actually worth something then I would totally buy it, I don't know where the exchanges will be or how we will be able to buy or sell but in the end if its not something like an experiment then it will have a decent value.

Look at facebooks stocks, even though it bottomed after that Cambridge Analytica or congress and what not deals its still quite more than when it first started out and that is with facebook getting less and less used but they bought instragram and whatsapp which made them worth a lot more. However, if it is just some sort of blockchain experiment then there is no need to actually buy it since it will probably be shelved quite quickly.

Facebook coin is not a typical decentralized cryptocurrency where you can speculate on the future price. Facebook coin is pegged to a real dollar, why then you should be interested in this coin? We already have good independent stable coins.

Since I've heard that facebook will create their new coin. I'm thinking what is the main use of this coin.

I think one of the uses of this coin is for the live streamers out there. We know that there are many game streamers in Facebook and the supporters give them stars as their reward. This is just my opinion but I think instead of stars, they will send this coin to the streamers in Facebook.

It depends on what use will it do and what will it be in the crypto space, I mean how and what will be its future and for what purpose. And also there are so many things to consider just like the price, the team behind it, its objective and goal, could it be profitable fornthe people who will support and buy it. Those are the things I have consider if there will be fb coin, its popularity will be there right away but it could somehow be use by some few people for their personal gains alone.

i would only assume its going to be used to a current services that facebook is providing like the sponsored ads. of course with the needed services those who wants to advertise are going to be force to buy the coin as facebook can impose that its the only coin accepted on their platform. their coin they said is going to be a stablecoin, there is not much to learn about it but it can be used to hedge crypto money. information regarding the coin isn't yet known to us but it be interesting to see it added on exchanges.

Probably buyers would be the newbies and people use facebook heard about crypto but didn't have enough courage to buy any. Also some whales would buy a part of it to see what will happen.

Good point, I'm seeing people who have never bought or heard of crypto getting into it just because its from Facebook.

If Facebook adopt on cryptocurrency, their coins will serve as tokens for profit sharing. Which means you get a revenue whenever Facebook coins get the most out on the market. It is us investors who will put money to have a realization for Facebook coin.

I am still not sure about all these news i am looking for some real progress in the devolopment of the coin until i am least bother about this there was enough prediction happened in past nothing is implemented.

If facebook launch their own coin and sell it to public, i am believe many their members want to buy and hold it. Facebook is big social media and already have market place, if facebook launch their own coin, its make members can make transaction more easier and faster

Who would want to miss out in this? That would have been the question.. Anyways just let you know,  wide range of people will definitey  venture into this.. Looking at the gigantic users of the platform,  there will definitely be a FOMO amidst many to not miss out like many of us did with Bitcoin. The fear that the continual usgae of the platform may eventually be hinged on the pocessor of the coins will make people cringe to buy.

There's an update and it's not going to be called as facebook coin but rather Global Coin.

Source: https://www.coindesk.com/facebook-to-roll-out-globalcoin-cryptocurrency-in-2020-report-says

But don't be mislead because it's not this coin: https://coinmarketcap.com/currencies/globalcoin/

Wouldn't it be best if you can have patience till the coin is released first? And what even makes you think that a coin released by Facebook is not going to be successful in this cryptocurrency market? First of all you have got to know that Facebook is the biggest social media there is, if not the biggest it is one of the biggest.

So how would you be thinking that there wouldn't be anyone to support their coin.? They are already trusted by a lot of people and there will be lots of investors who are ready to invest in it. The one thing I'm sure is that their coin will not be free from any kind of censorship just like you have said.

Well i think the buyers will be the users of Facebook platform and this can help the coin grow but i don't know what will happen in future and if they will give some coins for free to users or will ask users to buy Facebook coins to use some features on Facebook platform.

I am sure Facebook would not be creating this coin for general use, it would be for internal use, internal in the sense that those who are using Facebook platform for their businesses would be the one to benefit more from these coin.

If you think they won’t succeed, and then what do you think Facebook is doing to make money? They generate their money internally from those who are using it for business purpose and not the public out there, after all, general public has been using the platform for free. As you can see already that when we learnt they raised money for the project, they didn’t involve the public in thin, so we should allow then operate their system in a way that suits them.

I am sure that there will be a huge number of investors who will invest millions in facebook coin in order to get a profit in the future or simply just to support the idea of facebook, and maybe even the CEO of facebook will invest his money.

Facebook will be one of the successful coin if eventually launch and that will attract every investor and it will boom for people to invest which is a great move if initiate.

Facebook is not a startup. It already has its working product, except that it will be making an upgrade for which the company might for that reason decide on going into token sale. A lot of people believe in Facebook and its CEO, because of the reputation it has been able to have since inception and for that,might want to invest in it.
As a matter of fact, i do not expect the token sale to spend too much time before it is sold off. It does not need an IEO to succeed.

I think many large investors will want to invest in Facebook's coin. This is a global brand and if the company creates its own cryptocurrency, then it will not even need advertising. There is no doubt that the coin created by the main social network will be in great demand.

I don't know if the government will intervene. If it's really released, I think it's really an epoch-making launch that affects a lot of people and will let other companies respond. It will be known after the release. How is the impact?

I think that with facebook's crypto or that they approve of making facebook token in crypto I'm sure that many investors will join them and many bounty hunters will join the facebook bounty if they make and expect Also, it will have big partnership companies. Facebook is one of the most popular social media in which many of its users are able to continue this plan. It is expected to be trending around the world.

In my opinion, it is still too early think about facebook coin because of fundamentals. There is a lot of speculation around such big projects. Remember the telegram open network...Much ado about nothing.

The question is, can we buy them? So the FB has its shareholders and they will be the first to stand in line for these coins.

it might not be easy to buy Fb coins so it needs a process to get them.
maybe if you can buy it, many of us will buy if the quality is good and the price is affordable, so many are interested.
to buy it also must check first and not carelessly buy and even then if you can buy it.

People who think there's opportunity because of the large user base of Facebook. And also Facebook users that no nothing of Crypto, and are more care free. Random people just living their life. I hate it.

Facebook do have a large number of users but i believe that most of them are only casual people that knows nothing on cryptocurrency and other advance techy stuffs these days so i believe that they wont care at all with this facebook coin if ever its true and if facebook will ever released it .

fb and thier team are the ones that will get their hands on this coin but it will also be available for public sale once their ico came out .

I definitely try to understand that because the value is definitely go to the high value when it started to begin but we cannot know how it can perform the market to the better question so investment and that will definitely useful in our future especially if it is coin with the help of Facebook then it will be more developed only

I think a lot of ordinary people buy facebook coin in case it would be the only method to pay for adv within platform. But I won't buy it in long term portfolio, shares are better

Facebookcoin once the coin launch many investors will invest even the big company will invest alsp so Im sure the coin will become high in the short time only and the possible value for the facebook coin in the future is 1000 dollars and up even the coin are not launch already that's only I see. I will invest too incase the facebookcoin will open to the public and for the ordinary investor.

Nope, we can't. Big company are always looking for venture capital funding and never to open public sale as it will be complicated for them. They adon't need a small investment tho, lol.

Some early adopter in crypto are now billionaires, they can afford to get into facebook shares if they wish too, it`s not about that. I think anyone in cryptocommunity will rather invest in steemit, blockchain social network than in facebook shares.
I stopped carrying about facebook long time ago, even if I have a chance to invest in them I will rather skip it. We need to turn to blockchain apps and support them, we already have good social networks on blockchain and lets support them.

Governments are gradually moving toward the introduction of a legal framework for crypto. Now it is not completely free as you think in China. And in the future are many other countries

Stable coin is not suitble for an investment although it has a low risk. If you buy stable coin you can only use for buying a stuff or for trading fair. I'm not too interested to buy stable coin because I use cryptocurrency for an investment place. You have to know the movement price of global coin is like the movement price of USD, so I have no intention to buy it.

Tool to send and receive crypto on whatsapp written by a third party. So it is not a positive move from the world's largest social network. However, Facebook creating a separate coin is an upcoming trend for all major companies

I am not buying any of it but people are buying obvious scams. So if you think about that, facebook at least facebook and that is way better than obvious scam coins.

Facebook is always become the user information seller and now mostly don't trust on Facebook policies so i am sue Facebook coin will never get good value.

This is got to listen that nowadays Facebook is planning to brings it's own cryptocurrency and which would be more stable coin. There are many online news site are covering this matter regularly but till now Facebook has not declared this officially at all. So, wait for the time. IF the Facebook crypto come then everybody will buy it.

If people buy a pump and dump coins or coins from unknown people with dubious project why not on a coin created by the internet giant if you don't want to buy, go and miss a big opportunity, but people who know what it's like to hold in a coin with good potential people will be in a hurry to buy this coin.

If that is volatile crypto then I would definitely buy that coin and hold, it will pump for sure, but if that is stable coin well then I don't buy it.

to buy it of course we have to think about it and not be easily affected by persuasion so we need to know the strengths and weaknesses.
if coins can increase and growth is good, maybe many will be interested.

facebook coin might be their internal coin for transactions instead of using  visa and master card facebook developing their own coin so facebook coin may nt for external buy sell

If that happens I think a lot of people will buy fb coins. because fb has a very large user base. The development of FB coin will definitely make the crypto market more vibrant

I am of the same opinion, but we all know Facebook, they want profit and they want a presence in every market, so the possibility of it becoming a crypto kind of coin where it can compete with Bitcoin, litecoin and XRP and the likes is very high, we are excited this will create a big hype in the market when it launch.

We are know the facebook has biggest users in social media platform in the world than other. So if facebook release own their coin, many of people will be interested. But before that, their must known the useful thing and clear purpose to build their coin.

It will be mere exaggeration, at least it will look so, quoting how many people will rush the Facebook coin when it's finally out. A lot are already anticipating and waiting for it.

I havent read much about the coin but it will be surprising to see many people profiting from it. It is Stablecoin from what I have heard.
Of course the coin will likely not be censorship resistant like typical cryptocurrency

just what is the point of investing in this coin? This is the usual stable Coin that will be used only on Facebook.

I think alot of the people will buy the coin, since facebook is one of the most used platform in the world, people will see this as a easy cash, but i doubt about the uses of the coin, and i expected the coin to be centralized since facebook really loves collecting data.

People are buying Ripple with issues about decentralization, why not Facebook who has everything to make their own coin one of the top coin in the market, speculators, holdlers and traders will buy it, for the profit that this coin will create for holders and early investors.

I would buy if I was a whale, just to dump it afterwards and make it crash.

Facebook is one of the bastions of censorship on the internet. If their coin is a crypto, it will go to the exchanges. If it wont go to the exchanges, then its only a virtual currency, not a crypto one.

Now, I just imagine here, if Reddit releases its own coin, and links it to their retarded voting system, where downvotes would result in confiscation of such coins. The cattle would love it.

with Facebook fame I'm sure there will be a lot of people who will support it even some predictions say that Facebook coins will be top-level coin coin competitors.

I think it all depends on how popular Facebook can create around a coin. The higher it is, the higher the chance that the coin will be in our portfolios. Take for example the BNB.

Well, blockchain technology is to solve problems in the cryptocurrency world. I can invest in facebook coin, depending on what the coin is really solving. I know Facebook has build a reputation though.

It is not my problem or your problem, none of us will be able to buy a facebook coin, it will be offered only in a private sale for big institutional investors. Because when big whales play, they do not care about retail investors.

It is quite difficult to know who will buy facebook coin because they can sell it into public or in private so there could be many possibilities they already sell it right now.
I think many people want to buy that coin, especially if they already invest in the early times before facebook announce to release their coin.
But still, when Facebook is launching their coins, it needs to compete with the other coins and I think they will be difficult to do that unless many whales are with them.

As far as I know, FB coin is a stable coin. I don't think the price will go up. so I think it's a little hard to get a profit from FB coin.

And with the scope of influence of facebook platform, there is no doubt that this coin will sell. Even private investors will be interested on this because of its established foundation in the cyberspace. Unlike many other shitcoins, this has solid backing to begin with. If they will use this coin as their internal payment method, I believe it would be a hit as understanding its nature is very easy for them this time. The facebook team will make this user-friendly or dumb-friendly so people will not hesitate in dealing with crypto coin.

so far it is like that but if we try luck with long-term investments in it it seems it is not a bad decision because after all facebook coins are quite stable so it is not so risky.

There is this saying that " if you can't stop them, join them". after trying everything he could to kill crypto, even to the extent of banning crypto related accounts. Facebook now want to join the party. I just hope their coin ll turn shit

I don't think the Facebook coin will be useful for the crypto community! It can be used to buy facebook services and their products! Right now people use PayPal or fiat to buy the boost or facebook page promote service after the facebook coin come, people can start using that Global coin to buy Facebook's services!

There are tons of Facebook pages that uses Facebook advertisements, many companies might used Facebook coin to Pay for advertisement in Facebook. It might not be that useful to crypto users but it will attract more users to be in crypto because of Facebook coin if it will be implement smoothly

I think that I will not buy this coin. I am not a Facebook fan and I think that there will be other stable Coins on the market who will be better suited for trading.

Probably facebook coin is the easiest way for 2 bill new entries in the crypto world. I think this is a great news, likely even bigger than the Bakkt and Fidelity news.

The large user database that Facebook has on their social media database is quite huge for them to record success in their projects. This coin in question will not even be for regular people on Facebook, because most regular people on Facebook use the platform for free and have no need for it, but it will be for large institutions that are using Facebook to get their product across to the world out there.

These are the people presently making Facebook have the money it has recorded and since there is a transaction system going on within Facebook system, then the coin will very useful to the people that are concerned.

Well, for people who know too much about the market crypto, I believe most of them will not want to buy this coin because the trend that this coin brings is probably stability, and stability cannot make too much money, every crypto user will restrict investment in it. But big businesses and investors around the world will buy facebook coins, they may not know too much about crypto but they know behind this product is a large corporation, as long as this large corporation has always developed over time, the products they create will bring stable profits, no investment will be a waste of opportunity

I believe that many large companies will want to invest in Facebook since first of all it is one of the largest companies in the world and launching your own cryptocurrency is just one more step in the development of such a giant and expanding its capabilities in the new field of activity, but time will tell and watch how it goes

Crypto investors also hope to own this coin because it is a real company and gained trust all over the world, so if that could happen, this would certainly be a change great in advertising field. I think it's still too early to confirm this but in the near future many other well-known companies like Amazon, Twitter, Youtube, ... will soon join crypto.

We woke up with this great news today as Facebook is doing very well in the upgrading of crypto industry. Few days ago they also started launching a center in Switzerland that is for the development of Bitcoin and the people living there. Facebook believes in future and they further believe that crypto is the future so ultimately they are working according to this vision to have a grasp in future markets.

Of course I am waiting for a better development to buy Facebook coin, they are the biggest social media company and I'm sure it will be used for the ad payment system so that it will make Facebook a profitable coin.

You never can tell who could buy the facebook coin until it is launched. Depending on the worth and trust people will have in the coin as a result of it's uniqueness.

I am agree with you, i am believe many people or big company want to invest facebook coin. Facebook already have marketplace and if that marketplace use facebook coin, i think it create big daily transaction and make others members easy when make transaction

That's not even a question because Facebook is already very popular and by just announcing their coins, lots of big investors will be on the line waiting for when they release it fully so that they can all get in as early buyers when it is cheap. So just he sure that if Facebook releases any cryptocurrency it is going very big and it's likely going to be one of the biggest cryptocurrency in the market. They own one of the biggest social media network in the world and they can use them to even promote their coins the more and that will attract lots of investors everyday. Facebook is going to be a big opponent for other altcoins.

It really depends on the situation. Why not, if the said coin will be a good investment. This is just like any other coin here in cryptocurrency. The launch may be some in 2020. For sure, they will make it better compared to other coins knowing that facebook is well known through the globe.

Facebook's cryptocurrency is reported to be a stablecoin which will be used for online payments within its own platform for potential uses like user-to-user transfers, marketplace purchases, incentives, etc. and it's not going to be an asset designed for investment like Bitcoin which will provide a decentralized store of value and is widely considered to be a digital version of gold

I think LIBRA is good so why people don't want to buy this coin
LIBRA is coin from Facebook and Facebook is once bigger social media platform.
Why we need afraid with LIBRA ??

I want to try buy Facebook Coin, but I hope that there will be some platforms which allow you to buy it via credit card. I mean the services like buycoinnow.com (https://buycoinnow.com) where you can buy BTC. If there were the Facebook coin instead of Bitcoin, I can try

Banks and big companies who want to be part of Facebook are going to buy Libra coin. But i don't want to buy it. But i am afraid that it will be replacing the credit cards and that we will have to use it to buy things on the internet, as Visa and Mastercard are going be part of it. Facebook want to be your next bank.
It can help boost cryptocurrencies if it can be exchanged against Bitcoin and altcoins. But Libra coin is not a coin for traders, except if the bear market come back.

Visa and MasterCard are official partners of Libra, so such possibility is very likely

Definitely, those who buy really trust in facebook coin to its form and its made we all knows how famous facebook is and there is no doubt it will succes to launch and get in crypto market. I'm sure many investors will get involve on this new form of coin. If i have some extra I definitely try to invest on it.

well its really true that it will be really hard to get profit from it if FB coin a stable coin.
usually its dollar base and the price will always rise and drop only a little percentage
for me i dont hold stable coin because the value of dollar also drop as time past by

so many companies are behind it? i though its owned by facebook ? therfor facebook is the only company that owned it . you mean to say that fb have some partnership with other companies to market this coin succesfully and also to have some shares so that they can also earn a profit whenever the coins became a hit on the market  .


how ? do you think its a good thing ?  i guess no  . you should not be happy with this coin because this coin is a might be a big competitor of bitcoin and itll not make bitcoin more attractive but itll make bitcoin less attractive .

For typical users of Facebook which isnt aware on crypto existence then this would turn out to be a normal payment option on their part
but for those people who are aware on decentralized and centralized coins will surely react into this one.So its non surprising that
Libra's existence do have that criticism and positive insights.

ofc, facebook intends to capture some part of the cryptocurreny market in order to give all people acess to basic financial services.
btw,regards to this thread.i've found related article so u can read & figure out more.
here's a link.
https://finance.yahoo.com/news/facebook-inc-fb-wants-more-220415665.html

If it makes my transaction easier with more anonymity I would definitely use it, the biggest benefit for me might just the ease of paying overseas services, or maybe crypto stuff. Yet I believe it ain't gonna be easy for a widespread implementation where nations might have a loosen track on their currency. Buying stable coins in local currency is pretty expensive, we would see how libra does it

I want nothing to do with anything Facebook has  to do with they are constantly getting caught selling our private information I stopped posting updates on my business page almost a year ago and have been doing just fine without them, people are always complaining about banks locking their accounts and knowing their business are you really going to trust Facebook every time you send money they are going to be saving that info

Because of the huge number of Facebook users. Whether you buy it or not, you can't ignore it. There is still a long way to go in the future encryption world. So. I can say with certainty that I will buy it.

Facebook coin has two types, one type is for Facebook ecosystem and exchange like as stable coins, other type is for big foundations or big investors who can contribute huge amounts of capital

They have wide source of audience and the first clients that will surely buy their coins will be the advertisers especially if they are going to use their Facebook coin as a main type of their ads payment.

Facebook have plenty of ads and many are trying to advertise their goods and services especially if they can benefit from it. But for the traders and investors, there is a little chance that they will embrace Facebook coin.

Pretty sure there will be buyers because facebook is a huge company and has a lot of users and supporters. For starters, I think the users will be the one to first to buy. Huge companies might also invest since facebook are the one creating the coin. I think its a good step for facebook to enter cryptocurrency because its the trend and crypto will be the future of currency.

I would prefers facebook follows the normal process most altcoin launchers followed ie launching of their ICOs possibly using the bounty section here thus Libra coin will attract many cryptos investors I believed this forum covers much on all crypto related stuffs and having millions of crypto enthusiasts who are well informed and enlightened on cryptocurrencies.
Facebooks having a larger proportion of users does not mean the users are crypto friendly I suggest they follow the footprint of other coins by tabling their road map thus attracting more investors.

who did not use Facebook, in fact the creation of Facebook Coin will educate all the world about crypto, that is an advantage for all good project in crypto.
so many people will buy Facebook Coin even new comers will join crypto world. 

You can sleep well because it won't replace credit cards all around the world. Not all countries want to drop fiat and become cashless.

Many people live without credit cards and just use debit cards. Do you think that they will be able to suddenly make a hundred million of their users switch from fiat to a stablecoin? A financial crisis will hit long before it happens.

Honestly, for now, I'm still confused about whether to buy or not. I need deeper analyss and also the chance for this coin later. However, actually, this coin from Facebook is very promising, moreover, they make a certain partnership with Visa and PayPal. That is why it is interesting and need to analyze more.

Facebook is a large platform with members spread throughout the world. At least Facebook members will buy Libra Coin to facilitate transactions between Facebook members. I think with the support of various large companies, Libra Coin will have many holders

From what I read, facebook coins are like stablecoin. I think this is not an investment because as far as I know it's like USDT. It's better to invest in bitcoin or good altcoin because it's more profitable

Censorship and centralization is a great issue no die-hard crypto believer will ever come in term with. And fb coin is built on this two features. However, many are having a second thought about Facebook coin and the reason is that the massive adoption it is bringing to the cryptocurrency industry. With fb massive database, bitcoin and other coins are on the journey to reach more population.

hey , everyone. recently i have found an interesting thread regarding this discussion. You can check it following the  link. (https://bitcointalk.org/index.php?topic=5155721.msg51512527#msg51512527)

Since the economic model is more of centralization and a stablecoin for that matter then I don't think I can invest my money in such because there is little or no profit in investing on stablecoin.

Those who want to earn will buy with a big pleasure. FB has a name, and this is often the only thing that is needed. About FB knows a lot of people all over the world, with ordinary people, so that a large number of people may actually be interested in this crypto project. Also, don't forget that in a bull market even a seedy shit coin can make great profits.

I will buy a facebook coin (Libra) because I am sure this project will be a big success and I am also sure there are very many investors who will support this project so that they can achieve the highest sales and can be listed on the big market too ... as we know that Facebook has have big and trusted names all over the world .. so I am sure that this project will gain the trust of many investors to support the success of facebook coin (LIBRA) ..

since this project has already been announced, all available information points to a really interesting project that can really be in high demand in society.  But today there is already information in the media, which is also being discussed at the forum that the US Congress sees a big problem because of Libra, which can create strong competition for the dollar.  We understand what the problems with the dollar are facing for the world economy, and therefore some sanctions may already be imposed on this project. 

maybe it happened, because some of the marketing from the team to make interest in libra coins increased later after they released coins in exchange. but he said the Libra coin is a stable asset that might not move as altcoin. if there is a discount it might be interesting.

I'm not too sure facebook coin will be a big success because most Facebook users don't know and realize that Facebook will circulate crypto coins, most of the buyers of Facebook coins  are definitely cryptocurrency players.  the good thing that I predict will happen from the Facebook launch of this coin is that it will help increase the price of Bitcoin and the prestige of Bitcoin in the general public.

100 percent sure here that there will be so many supporters on this even what is the project of facebook.
People are holding on the hype and popularity will boost the demand from the people.
THey already think that LIBRA will beat BITCOIN... though i am not one of them.

Everyone who can will buy the ICO tokens. Provided it gets listed on exchange, the price will always be pumped from time to time except Facebook has no intentions of listing it on exchange. If its going to be a stable coin, how will investors make profit or will commission be paid out to investors?

Crypto currencies are not always about making profit. The same thing goes for Libra coin. If the coin is going to be a stable coin, then you won't make any profit from holding it. Now, if you don't make profit from holding a coin, will that mean that you won't be using crypto currencies anymore? Stop thinking about the profit only, and start thinking about the huge advantages we get from using crypto currencies.

But that is only your opinion. Businesses are always up for the profit. Facebook company is doing everything to profit just as they are business and that includes exchanges. Gone are the days when you see things running out for its noble cause.  Libra, stable as it is, people will be using it either for trading in BTC paired to it or simply to pay for the services. I don't like the Libra but its going to lead crypto to the masses which we all had been wishing.

Initially the team behind Libra would of course want to sell as much as possible coins/tokens. They just do not want to be the Uber drama in the Uber IPO couple of months ago. This is why they would change you very low to own the Facebook coin. In addition, since this is a stable coin, people who aim at storing value would be happy to own it.

I think that everything perfectly you understand that this coin uses for development a social network in which millions of users.  But still it seems to me that not everyone is willing to spend on her money.  But nevertheless the coin is interesting.

You will be surprised by the number of people who have lined up waiting to buy the coin, people who are rich enough to throw their money on anything. It's all about taking risk, and I'm certain a lot of good things will come out of the coin.

This Facebook coin seems interesting. You will be surprised by the number of persons who are waiting to buy and invest in this coin. However, remember that cryptocurrency business is risky and not all coins will make you earn profits.

If your bag of cash is big enough and the ultra rich will pick you in there gang you can invest in the reserve, the reserve will collect the dollars of users and will be invested in low risk assets. All interest that the reserve makes will be split. nice read here (https://www.theverge.com/2019/6/26/18716326/facebook-libra-cryptocurrency-blockchain-irs-starbucks)

If it will be a stable coin remaining at a fixed price so I don’t see any chance to profit from it unlike bitcoin and other altcoins that are volatile. It cannot be regarded as an asset and will not be profitable for investment and will solely serve as a mean of payment and for transferring money from one end to another. Facebook users may probably buy it for the purpose of its usage but not to be stored and held like bitcoin and even if I buy of it and store in a wallet they’ve provided, my money will unlikely grow since its price will be stable unless they give interest for storing it in their wallet.

Many large companies support Libra Coin. Maybe this is because it was launched by the largest social media company in the world with 2 billion active members. I think, Libra coin has a great opportunity to compete in the crypto market and even make the market more attractive

I don't understand why people want to buy Libra when it's currently only for big companies. For each node involved 10 million dollars, not only that, but it is also having legal problems in Europe and the US House of Representatives.

The Libra will be much more like a stablecoin. So everybody, who has a facebook account will buy it in order to fascilitate day-to-day spendings, because it is much more convenient than bank accounts.
There will be no point at buying Libra for investment. We wouldn't be able to make money with it. Facebook and the consortium will do that.
You post pictures - fb win. You use libra - fb wins.

As of now for those investor I think they can not buy a facebook coin.but lets see by launching this crypto next year if there some people investor will buy this crypto.we all know the popularity facebook and facebook coin will promote in facebook.I am sure there are a lot of people will be curious about facebook coin.well this is a good way also that cryptocurrency will be known of a lot of people.because we all know that facebook is already known all over the world.Good way to recognize what is cryptocurrency and in time why not facebook coin will be popular also someday like bitcoin.it is not impossible we know the power of facebook.but as of now that this is a new crypto I think they not accepting this because it was new.and as I said why not someday lets wait to launch this next year.

Facebook coin is a stable digital currency and that leave me no choice but to ignore it ,I'd rather invest in telegram token than Libra ,I'm more of a holder so its pointless holding a stable coin

Facebook have zero interest in upholding any values, whether those of crypto or not. They are about as unethical as you can get. The only thing that drives them is the prospect of profit and commercial advantage, and they achieve this largely through mining all of our personal data.

I suspect millions (billions?) of people who use FB would use the coin, and I would expect it to be a success. Personally though I despise FB and everything they do, and I would go out of my way not to use their coin.

I prefer to wait and speculate when Libra enters the market, I still rarely find information about libra and how to buy it

There are people and investors lined up already to buy the Facebook Libra coin, I for once will like to buy but I would want to stand aside first and observe before I can invest

no doubt facbooks entry in crypto is a big thing for bitcoin and crypto industry.as they will make a stable coin then mostly huge members will buy this coin and also lots of new comer will buy too.

Libra coin made for the facebook user to make their financial transaction easier, it is not for investing. It is just as same as Tether ( USDT )

Source : https://www.forbes.com/sites/nataliakarayaneva/2019/07/03/will-investors-at-facebook-libra-bail-out#708a43652ca1

only dumb people buy stable coins smart investors stay away....why?

because when you buy stable coin you really exchange money and not invest because the price will not grow very simple....its like to exchange usd to euro its not investment ...very simple, and if you exchange money to something stable it will be gold/diamonds rather then shitty stable coin

even more , libra its not real stable crypto coin i just fucking lazy to explain this but its not crypto coin ask expert blockchain!

tether stable coin more then hal of the volume is fake!!

this game is 2 sided

one side the smartest which stay away from stable coins and huge supply projects with billions coins
the other side where all the dumb people stuck with stable coins and huge supply projects which will never grow

only dumb people buy stable coins smart investors stay away....why?

because when you buy stable coin you really exchange money and not invest because the price will not grow very simple....its like to exchange usd to euro its not investment ...very simple, and if you exchange money to something stable it will be gold/diamonds rather then shitty stable coin

even more , libra its not real stable crypto coin i just fucking lazy to explain this but its not crypto coin ask expert blockchain!

tether stable coin more then hal of the volume is fake!!

this game is 2 sided

one side the smartest which stay away from stable coins and huge supply projects with billions coins
the other side where all the dumb people stuck with stable coins and huge supply projects which will never grow

Therefore it's wise to buy this coin, when majority of the money from the investors are willing to buy this coin, why would we resist ourselves from doing so. Personally, I'm a facebook user and the fact that I use that means I trusted them, and this one for sure I could also trust them as they would not launch the project without complying to the law and that makes us protected and gives the project more potential to grow.

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.

Facebook is basically trying to act like a central bank by tying Libra (digital credit) to regular currencies and hiding it behind a blockchain cloak......I wouldn't trust it any more than I would trust FB to keep my data safe from abuse.

With Facebook members reaching billions, there is potential for us to make transactions between Facebook members. This can be a business opportunity because with Libra coin, transactions will be easier and faster.

I think it's hard for Libra coin to defeat bitcoin. Libra Coin may be supported by many large companies and Facebook has many members but Libra Coin is like a stable coin and in my opinion cannot be used as an investment. People will prefer bitcoin because the price will potentially continue to rise

the rumour said facebook coin or libra coin would be stable coin, so if that true i don't have any reason to buy that. For short iinvest it's not worth , because you don't get any profit for that.

Everybody are keen on buying Libra coin I think. Facebook is so much popular and is being used by millions of people across the globe. So its users want to get Libra coin for various purpose.
Libra coin is stable coin. Its value will not fluctuate unlike other coins. So many people want to buy this coin for various purposes given by Facebook. I am desperately waiting for Libra.

I'm not too sure this coin is really stable, even USDT is a stable coin, but it once had prices below 1 USD.
the idea of ​​Libra coins is almost the same as other conventional currencies, this will make the world's currencies restless because Libra coins have many company partners such as eBay and other major partners

If Libra coin get listed and paired with ETH and bitcoin on exchange there will be a use case for Libra just as how useful USDC and tether stable coin is so let's hope its listed on exchanges

Well as we speak of the So called Facebook coin (Libra) here the campaigns have already begun to grasp much of the user Base to purchase their coin.  but Yeah comparing it to the Bitcoin as Bitcoin has already set it stage out in the market at its own terms. Libra has just arrived out in the market in a Fancy way.  Which is most likely on the name of Face book which clearly seems that it has got some kind of potential in it. Obviously Facebook has millions of user Base in it so Introduction is not much needed for campaigning for "Libra" well Facebook is clearly smart and they try to play their game really well to Grab much of consumers to invest in their So called coin Libra which might be stating that it is all Legal.
So, Let's see how far does this Libra competes out in the market.

You just have no idea on how many advertisers that are using Facebook right now so that they can achieve thousand of sales. I'm pretty sure that facebook will impose the new rules in the future that these marketers need to buy Libra coin so they are able to run their ads on their gigantic marketplace. Hate or love it, Facebook's coin Libra will be relevant.

If there are use-cases, then people will buy, such as paying for uber with a small discount, or to make achievements for users, it would be fun.

I think we should wait for the launch of Libra Mainnet and see the use cases of the coin. If people will be able to use it in everyday life, it will be in demand.

Not only advertisers but common people who never tried crypto. Many will try for the first time the main advantages of a digital currency - speed and low fees for international transactions. Paypal has a large user base too, just imagine that. Add coinbase, Visa, Master... it's huge. Doesn't matter if we don't like...it will be huge :P

Currently the Facebook currency called Libra coins is currently tranding the topic in this forum, although Libra coins have not yet been launched but have become interesting conversations lately.
and who will actually buy Facebook coins and in my opinion most likely are Facebook users who already know more about Libra coins in detail, and Libra coin supporters who have a lot of money or entrepreneurs who will buy them in large quantities.

I think the group of people or investor who are only buy facebook coin are the people who are always use a facebook page because all we know that facebook coin will use their facebook site as a marketing material because there is so many facebook user all over the world so I think there will so many facebook coin user and investors soon.

If Facebook, want to enroll on cryptocurrency, that will be a good one, because Facebook platform have been known to every body across the nation, hence, i am very sure many company and private sectors we invest on the coin.

Noobs and many curious cats will buy it. Since it is a stable coin, I don't think it will be profitable for investors. Those who will buy it will do so to access exclusive services from Facebook

The coin will be backed by stable FIATs. So the coin wil have stable value - no investing opportunity.

Who will buy it ? All the ordinary people who will find it useful on every day payments, thats it.

it depends on the function which will be the use of libra coins. I myself do not understand why these coins became so popular before they even released them on the market. maybe it's because of the big company behind this coin. but we must see what libra coins actually have when the market has been opened for them.

I think, everyone is now preparing capital to invest in Facebook coins, including me. That is, Libra is very much awaited for its presence even though it has not been launched.

If they will offer that coin into public for sure there are so many people that would invest or buy their coin not because they are seeing it in the future but I guess they are seeing it because it's new and people's eyes are on it. Me personally, I would like to buy some of it if I can.
Libra would be a great coin because many people now are searching about cryptocurrency which is really good for the crypto community.  :)

Crypto enthusiasts won't buy libra, but users of facebook platform wil be obligated to buy it for example to pay for advertisement and just to try.

They could always vote on the prospects of using the coin via HST decision token.  This token powers a voting platform.

Those who feel they can and might need Facebook coin are already showing interest for it. It will be quite funny to see those who know nothing about it, yet because people are saying things about Libra coin and that they said it will surpass btc, they have now been convinced to buy.

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.

The only reason you would use/buy this coin IMHO would be to purchase on the spot items via facebook with parties that have difficulty with banking and such.

Thus, 1st world nations supposedly could trade easier (can you say impulse buy) with places like Amazon and eBay and etc w/o credit card and bank accounts.

As far as I can tell the Libra coin (in $$) vs the Libra coin (in $$) as the transaction is done is pretty much the same in whatever currency in and out.

Also, supposedly they could use this like micro-lending in India types of things, or so Facebook claims for those who in the world are 'unbanked'

So, hodl'ing this coin will not 'supposedly' provide a store of value like BTC.

From what I gather on all this. I'm likely wrong/too simplistic and missing Facebook's nefarious plans...but anyway for what it is worth.

Brad

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

I think Facebook coins will be sold out in a few minutes after launching, so its not even a question. Facebook have a lot of big investors, its all over the world and they have not relised yet, but people are ready to buy. I would buy too, its good instrument to invest

Honestly, I thought so too. But unfortunately, there is a lot of people out there that would invest on this coin and wouldn't bother to check on what is really (ie. what is the background of it, what its real purpose is, and other important things) in the first place. Facebook has a huge reputation. Some of them are good and recently some of them are bad. But that won't stop people to keep investing in this huge misdirected project. Also considering the number of people who are using Facebook's services these days, that would possibly be a lot of them that will use this coin as to improve their activity on the services they're currently using. And all of this is caused by the power of its brand that Facebook is using to influence a lot of people on buying its new product. Imagine if a small & not well-known company did the same thing. They couldn't possibly get the same result as Facebook because again, it's Facebook.

I remind you not to be tempted by any offer. Libra is still being developed and has not been officially launched. I am afraid there are people who use this momem to cheat and act on behalf of Libra.
we have to wait patiently for the official announcement from Facebook and when we will buy this coin.

Don't see any point in buying this at all. If you are Facebook fan and want to be a part of the community - ok, that's your choice. If you are an investor - no reasons, waste of time and money.

I agree, for cryptocurrency investors, I think Libra coin is not attractive because the price is pegged to US dollars and does not fluctuate like bitcoin. If we invest in coins whose prices don't move, it certainly isn't profitable and I think it's better to invest in bitcoin or good altcoin

I don't really know who want to buy this LIBRA, because it have a negatif issue and statement from master in cryptocurrency.
I choose decide to waiting and looking how can this is will work.

depends on the services and benefits they will offer. buying on ebay not paying extra fees, maybe? some won't buy, but they will earn. it's not being created as a financial asset, people won't buy for profits. It's a currency.

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

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.

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.

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.

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

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.

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.

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.

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

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.

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

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.

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.

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

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.

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.

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.

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.

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.

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.

If Facebook will resolve with the  cryptocoin laws of the United States, Libra will be a success and in demand. I think many will buy it.

Facebook is obsessed with data but Cryptocurrency enthusiasts are also.obsessed with profits, so as long as Libra coin had the potential.to.gibe huge returns, you would see plenty of people investing in it, that's a fact.

It's not sure what will happen in future. But, Facebook coin will be stable coin and there have many people who don't want to risk their investments. So, maybe Facebook coins won't take too long to be sold out.

I think many people who even don't know about libra will buy some. In this world very limited people available who know about blockchain and crypto currency properly. Most of others know the name of Bitcoin or don't know anything about it. Few of those who know everything will invest in Libra cause the trust facor is very high on them. But in my opinion most of the libra investors will not have any idea about crypto. For saying if they attached Libra with Facebook massenger and then everyone would love to use it whatever he inknow about crypto or don't doesn't count. So in my opinion Libra would be very popular if they come to market.

I guess it will be a good investment, but now I am not sure about the time of buing. because government of USA has some issues with FB. So now we should wait, maybe in the near future it will be a good opportunity.

I'm sure plenty of people would, what do you think the question was when Bitcoin first started getting attention? Media coverage and exposure is essential to a coins success, and with the coverage already it's going to be hyped up for sure. Plus it's available to the average person, and has the advantage of being on one of the most used sites on the internet. A lot of people don't have Bitcoin because it's somewhat obscure and is a major hassle for the average person to obtain.

Interested people or those who want to buy Libra (Facebook) must be very much. It could be a company or even an individual. So there is no need for us to issue a statment if we want to buy. Just shut up and enjoy every development of the libra. With that you can determine your beliefs to buy more or vice versa.

I am planning to buy with 25% of my portfolio.I believe in social media and facebook growth team.If the facebook coin fails it will be start of the facebook decay.Facebook will support her coin to the end and it will be a widely used coin.I had the chance to talk with a Tesla financial executive and told him to create a Tesla coin which will reduce the cost of each car, community etc.If there was a Tesla coin or Spacex COİN ı would divide my 25% among them.

A lot of people would buy Libra coin, because it is the first company that has already created a crypto currency and is going public with their product. Libra will be extremely popular among fresh people in crypto industry but older supporters will stay away from it.

I believe a lot of people will want to buy facebook coin. Because facebook owner Mark Zuckerberg is an ideal and trusted person. So facebook coin will be survive.

First we need to understand that Libra is being created to act as a coin for payment for services. Organizations currently use facebook services and so it should come as no surprise if that they will be first in line to buy libra. Another set of people that will buy libra are the whales and big investors looking to cash in on the new cryptocurrency backed by a major player in facebook

This is obviously that there is huge volume of buyers will take the chance to buy them for sure. Because there are millions of user they have all around the globe, also the whale investors will take advantage of it too. But sad to say that most of the community who will invest in it doesn't really know what is all about, only few of them will know what could it be in the near future.

Personally, I think that Facebook is doing the right thing since it issues its coin. And for facebook this will give great credibility and soon this coin will cost a lot of money. So the Facebook team made the right decision for the development of their social network. And Facebook will take a leading role in the cryptocurrency market.

Am pretty sure there are big companies and investors behind Facebook liberal coin, they have huge funds to invest. But my question is this, what is their gain because to me, the coin is more like a stable coin which is not really volatile, so how will they make their gain back?

I am sure that many cryptocurrency users will invest in facebook coins because of its own popularity, of course it will be the interest of many crypto users, and facebook coins will be very easy to reap profits in its own way, hopefully we will all be easy to get these coins because of large investors get ready to invest with these coins.

I will buy FACEBOOK coin or should i say LIBRA.
I dont care about the future or their plans, what i am riding is the hype of the project.
This one will give a good profit, im sure of that!

Most people think like that.  Because here to just make money.  Facebook was hooked on the fact that it has large masses of people to influence them.  Since the social network has generated trust.

I'm pretty sure Libra coin will be bought by people obsessed with Facebook - the people who are constantly in Facebook 8 hours a day. And that's coming from a billion users.

 The question is: Will it thrive? Or will it just die like a worn-out fad after several months. Take note, Google + is almost dead.

don't worry who will buy libra coins. because if you see there are actually some large companies that are behind the big project Libra Coin. and it all depends on how the developer can direct the existing community to be interested in this new project and look for a new community that will grow the market from libra coins.

You don't actually know the people who want to buy this Facebook coin and will be surprised to find out the number of people who want to invest in Libra. There are large companies who support this coin and this is really influencing people to invest despite the outcome later.

I do not like that Facebook does this only in the wake of the popularity of cryptocurrencies. They blocked any ads related to cryptocurrencies for a long time, I know this because I previously participated in Facebook bounty campaigns. And now Facebook has radically changed its decision regarding cryptocurrencies. I can not believe it.

I think if everything will be beautifully and conveniently designed, and the coin will bring real benefits, I mean the speed of transactions and their availability, then quite a large part of the middle class around the world will want to use this coin. In fact, this is a digital dollar with a tracking function, and few people will like it that way. Therefore, I am sure that the project’s marketing will be at the highest level.

Many people like Facebook and you'll see how Facebook will sell this currency, crypto markets attract attention

Well, people will eventually buy this coin. There are almost a billion registered profiles right now on FB and some of those people will ultimately end up buying the crypto because of heavy promotion they are going to do with this coin. This coin, I believe, is going to be the next big thing in the crypto world.

If that was the case, everyone wanted libra

yeah, i think also like that.
if the facebook coins are high quality and very profitable, it is not impossible for facebook coins to be bought and demanded by the whole world.

i also believe that project marketing will be at the highest level. we just wait how it develops, i'm sure this coin will develop very well.

i think facebook have the biggest number members on their social media. Also mark zuckerberg is the other factor will make demend of this coin increase. Sadly the fact is this coin is stable coin. So it depent on what facebook coin can do and use for on next / future.

Most of the people who are already involved in cryptocurrency will happily buy this coin because for many years we are seeing how Facebook changed a lot of social media activity. The only demand for a Facebook coin is the owner itself because he is one of the most dedicated person.

I will definitely buy the Facebook which is call LIBRA.
I amy not use it but this is a good investment, i will ride the hype and get some gold out of profit.
We all know how popular the project is and backed up with many partnership.

I will buy some facebook coins, or should i say i want to participate on their ICO if there will be.
This FB coins will surely hit the market with a good profit. better early to maximize the profit.
Too much popularity on this, and i want to have this.

Who would not buy the coin Facebook is planning to issue? I think everybody wants to get some sort of Libra coins. Facebook has a large number of subscribers and its coins will be used by most of them. But it is uncertain Facebook will issue its stable coin. The uncertainty grew after the US paid its concerns about Facebook issuing its stable coin.

The large audience of FaceBook allows us to assume that there is a great chance of successful use of Facebook coin in the future. The field of activity for using cryptocurrency even exclusively on the site itself is simply huge. It remains to wait for the result.

- Indeed, with such a popular advertising, if crypto investors don't care about facebook coin, that would be a lie, and when people already have an interest in this product, they will certainly have some curiosity and calculations and want to invest a little in it. And except for people like us, the world community will also invest and buy facebook coin when this is almost a new trend for them, especially stock investors and facebook partners, support and help for facebook coin will be a way for them to get more money when facebook always has a great ambition

If the influence of Facebook more bigger than this present time, the Facebook coin will interact many people in the world too. People will get interest of any kind of Facebook' PRODUCT include the coin. The investors and Facebook partners will give support to Facebook so that it can be more popular and people will buy it. If the demand can get higher for time to time, Facebook coin will be one of the most wanted coin in the future.

i think so too.
it looks like facebook coins will be very profitable and very good for investment, i am also interested in buying them.
likely in the future facebook coins will become one of the favorite coins of many people.

Facebook Coin? do you mean libra? now there are many investors who buy Libra coins. we don't have to worry about who buys Libra coins, we can see what the current volume of Libra coins is and will definitely increase every time

They are not going to make a coin which will uphold the base of any real crypto, it is not their aim.
Noone also will invest in it because there is no reason to think that it will not be a stable coin, it has different aims and uses, none of them are in line with Sataoshis original vision.

In my opinion, their no.1 buyer for sure majority of them are Facebook users. The founder of Facebook will use his influence and
connection in business industry to support his own coin. Almost in the entire world knows about Facebook, they may have a billions of users
but they can also have a billions of user that will definitely lack of idea and knowledge about in crypto business were libracoin was categorized
on this concept of business.

You cannot even imagine how big Libra would be, I bet that Libra will be in top 10. We can complain that it is not a crypto and has nothing familiar with decentralisation, but neither has Ripple and people are still investing huge money in XRP.

You would like to get answer? Here it is: everyone! Libra will be the first real worldwide payment method, fully regulated and backed by big company.
Why Bitcoin is not a worldwide payment method? Because it is too complicated and we still do not have regulations, so it can easily become banned in some countries.

I think that few people would buy this coin from this forum. Since now few people use cryptocurrencies for payments, so far everyone here who wants to earn money from mining or trading, and also from various operations. But this coin is valuable as a payment instrument and it’s stupid to expect growth from it since it will be tied to the dollar.

I think a lot of people will buy Libra because it will be main payment method on Facebook.  People create value for coin, if  it  will have a real implementation, more people will be used it

Let's talk about a fully regulated coin and worldwide payment method after they get regulated, it is still too early for us to say they are a regulated company.
compared to Libra, Bitcoin is more reliable because they never sell their customer data, unlike some people who sold it to big companies.

Honestly ... I am very interested in Facebook coin which will be released ... and I will buy this coin as much as possible because I am very sure if Facebook coin will achieve great success and will advance in various cryptocurency markets ... because now I see and reading many articles about facebook coin has a good response and many parties will support facebook coin (libra) ..

It does not hurt indeed if you are interested in Libra coin, but I suggest you to find out more about the prospects of Libra coin in the future, and I have read several articles that do mention if the purpose of Facebook to make Libra coin is a payment tool used for payment applications / online goods and Libra coins are also predicted to have very stable prices so there is no movement up and down prices like other cryptocurrency, and in my opinion Libra coin is not a good investment asset.

Facebook coin, Libra?
I am 101% interested in buying it, I'm already saving up big time for it.

A lot of people, especially those who is writing posts on this forum with statements like: "avoid using Libra". It would be a great success for whole industry and would definitely bring new audience which would lead to the market growth.

It is a stable coin, so for me, it is not worth buying since you cannot make any use out if other than just using it to hold your money. you can’t make profit out of it from trading, so for me, since I engage myself in trading etc, this coin is of less value. But people will but it, and it will get popular very rapidly.

Facebook coin will be the next bitcoin maybe. This project is named by a most famous social website Facebook and we know that this coin is very popular. The coin doesnt need to market at all.

Anything that can bring profit to people will have buyers am sure, Facebook is a company which nearly everyone around the world is using even though some are critisizing it, many still use it, same thing will happen if Facebook coin ever hit the market, few will criticize but many will buy.

Majority of the prospect buyers for Facebook coin or Libra coin are mostly FB subscriber, and for sure those big investors
are Mark Zuckerberg partners in business too, He will surely use his connection worldwide to support his own coin.
But I know most of the crypto believers won't support on this coin for sure including myself.

If Libra becomes a reality, then I have no doubt that a lot of people will end up purchasing it. But the big question is whether the governments will allow Facebook to issue a cryptocurrency. So far, the signs are not very encouraging. Even in the United States, they are facing a lot of pressure from the authorities. If this is the case with the US, then you can imagine what will happen in the other countries.

With right marketing facebook will be able to sell it to almost everyone unfortunatly

Libra is basically a stablecoin and there's no profit in that except for the company that developed the coin. I believe that most of people who are willingly to buy such coin are those who really use it for their needs instead of seeking for profit. I mean holding stablecoin is basically the same as holding a cash there's no difference profit wise.

Facebook coin will be created for everyone, they will make it easy as sending a message on Messenger because they would like to attract normal people that are not technically proficient as cryptocurrency users.

Most of the users will not buy it because there are using limited functionality of facebook which is default function like chatting and posting and so on.
Other users, who are using facebook for reasons other than that like marketing and selling, would definitely buy facebook currency. Entire facebook marketplace, advertisement publishing and advertising will require facebook currency.

If they created for the public purpose they need to do the public sale with the heavy percentage but things are going in different way and they planned to make the private investment in high volume than public.
if the Libra coin has been launched in the Facebook messenger application like to send to others it will be more helpful for the normal people who want to make the international transactions. Then chat and payment also will be simplified.

maybe Facebook users will buy Libra coins. and later this libra coin will be used to shop on the internet. and maybe whatsapp users and instagram will also buy libra. Facebook has many users, I don't think it will be difficult for them to sell libra. and when this libra coin grows rapidly, I'm sure crypto investors will also be interested in buying libra.

There are many people who would really buy Facebook coin which will surprise you. I would say there's a big influence of this coin on Facebook users. I believe Libra coin will rise soon when the market recovers.

Obviously, no one will buy a Facebook coin as an investment, unless the American dollar is part of the investment, because the Libra project will be tied to this currency.
The project’s coin will be used as a universal payment tool that allows you to transfer money from one point to another with reduced commissions, increased speed, without any intermediaries.
Given that the coin will be fully centralized, I can use it only for verified users, which will reduce the risks of money laundering and other criminal frauds.

for me, crypto is the best place to earn much money by speculating its price. because it has high volality and even it is the most

libra is one of stable coin which will launch in the next year, it is backed by a reserve made to keep its value stable, so it's not suitable for me

beside that, many company (The Libra Association) have left the association, it makes hard for libra because of its obstacles. Facebook’s Libra Association has now lost a quarter of its original members (https://www.theverge.com/2019/10/14/20914269/facebook-libra-association-founders-paypal-visa-mastercard-stripe-ebay)

I cannot imagine there would be any other buyers except for serious crypto speculators, and even then they are probably facebook members anyway.

What I wonder is what facebook is going to be having members use Libra for.  I've been wondering whether it's going to be for facebook related purchases and if so, why is using a debit card a problem?  I've so far failed to see the importance and utility of a stable coin put out by them.  Nothing I've read in the media or on bitcointalk has delved into this.

It's probably moot anyway since Libra likely won't launch.  Those partners like paypal did not just drop out for the fun of it.  They realize Libra has probably been irreversibly stalled by U.S. regulators and they don't want to waste their time or money on helping facebook launch it.  It should be interesting indeed to see what actually happens.

If Facebook is not hindered by regulations, I think many people will buy Libra coins for various purposes. Nowadays online shopping has become a trend and Facebook is the biggest social media in the world. If Libra coin is launched, maybe people do not make Libra Coin as an investment but as a transaction tool because it is easier to transact through social media

I think Facebook just took the opportunity in this crypto whether Coin Libra would be good and keep its users secret considering that Facebook was caught leaking the privacy of its users, and that made people not fully trust Libra Coins.

even though Facebook is currently facing a case regarding data leakage in my opinion, there is still a fair amount of people's confidence in the Libra project. In the consortium that many big companies follow, in my opinion, one of the proofs is that Libra is a serious project. Even though I read the news of a number of large companies withdrawing from the consortium, I am still optimistic.

Regarding the decentralization of crypto or the values of crypto portrays, this will certainly be a bit distorted because Facebook wants to take part in the utilization of peer-to-peer transaction blockchain technology. Libra coin holders will definitely benefit from using features Facebook has, such as Facebook ads. definitely the one who buys is Facebook user itself, at least the community that will be formed is certain. In the future, what will happen to the market, we have to wait until the Libra launch and can be bought.

One of the target market of facebook for their own cryptocurrency called Libra is their users in their social media platform. They will launch a lot of ads and different ways to attract the facebook users to buy and use Libra coin. I am a facebook user but I don't that I will be buying their coin because bitcoin and other cryptocurrency seems to be better than Libra.

I also will not buy facebook coin, because from what I hear facebook is included in the type of stable coin? to get a profit must be a little difficult. And the news lately facebook coin a.k.a Libra left by its big investors.

in my opinion who will buy facebook coins is a big company that supports this libra project and also facebook users. and crypto investors may wait some time to see the development of Libra coins. if this libra coin grows well and is reliable then some crypto investors will buy this coin. itself is less interested in this libra coin because libra is a stable coin that does not have volatility. maybe this libra coin is suitable for payment rather than investment. everything is still unclear we'll see after libra was released.

yes, you're right to say, most likely who will buy Facebook coins first is the Facebook development team itself and then will be followed by investors or Facebook users as well. for investors and Facebook users maybe they will wait until Facebook coins really develop and are reliable. maybe I myself would do that if I wanted to buy Facebook coins. if what you say is true, that Facebook coins are stable and have no volatility. maybe I will buy it in a limited amount, and I will only use it for long-term investment and just in case if the price of this coin increases over time.

The only similarity between Facebook's Libra and cryptocurrency is that they are bith digital coins. That is as far as the similarities go. In thr strict sense of the word 'cryptocurrency' Facebook's coin is not a cryptocurrency. I would not invest in it because I know if it becomes a success, real cryptocurrencies like BTC and Eth will outperform it in terms if profits or ROI.

I don't think so, facebook coin is still defined as a cryptocurrency but it is a stable cryptocurrency similar to usdt, and the most special thing is that this cryptocurrency is accepted by the government and is public in life, instead of being anonymous like many other cryptocurrencies. And if it was popular in such a life, investors and visionary traders would invest it because a new and fairly primitive form of monetization, the chance of collapse is very low but for those of crypto, perhaps investing in facebook coin will not bring much interest when the opportunity of profit is not too high

Imagine how it would be easy to use Libra coin in everyday life. People are using messenger or FB app everyday, now there will be an opportunity to send money as easy as sending message, without knowing private key and another annoying things connected to the cryptocurrencies.
We are all talking about crypto and adoption, but we still don´t have an easy solution for the masses.

This is a misunderstanding from most people especially those who has no knowledge at all about cryptocurrency, what they just know is Bitcoin became at  price of $20k, so they think that Facebook coin will be like Bitcoin someday, the more users, the higher the price it will be, and there's a lot of people excited to invest actually, they don't realize and analyze that facebook coin and Bitcoin is really different in all aspect, the only similarity is that they are both digital currency.

You can't actually compare bitcoin to facebook coin because they are really different in all aspects. But if you would gonna ask me if i will buy facebook coin? it think no, even facebook is one of the biggest social networking websites, i still have doubts about facebook coin because it may not be worth it to invest for like bitcoin and top altcoins such as ETH, XRP, LTC, BNB, BCH, and etc.

I think you are undervaluing the purpose of Libra coin. It would give a huge boost to the whole industry by creating another big hype wave, maybe the old users would not buy Libra, but for newcomers it would be their first crypto currency.

Yeah.

That's what is going to happen. We that's aware of what kind of coin Libra does won't buy the coin. But to those that are starting out with their crypto exploration, they wouldn't care if its a stable coin or doesn't have a stable value.

People will buy it because they knew it because facebook made it. That will be the most popular reason on why people are going to buy Libra.

Facebook already has a huge number of user base. And if Facebook launch something those userbase  will start to try that thing. We who are already know the crypto space or here for a long time maybe not gonna like libra. But other than that I thing those who don't know what crypto currency is ,they will try it out. And they also have some good partnership giant like uber paypal. Many people gonna enter this crypto space through libra in my opinion.

You will see perfect answer of your question after 2019. Because 2020 is the year for Libra coin launch. Libra is only for easy money transaction without bank account. Another way you can see Libra will control even by government so decentralized users don't like to use libra coin.

Agree, if regulations allow Libra Coin to launch, I think that many people around the world will buy Libra Coin. If Libra Coin is combined with Facebook platform, people will prefer to use Libra Coin because it is easier and faster. This will attract many Facebook members to trade and get to know cryptocurrency

this question actually has a fairly clear answer.  Facebook users who covers worldwide will try to use it. in addition to following the trend, it will attract a variety of entrepreneurs and business people, even more so if the speed of sending money is so fast. other than that, I sure that Facebook will use libra to create various tasks on facebook so that facebook users can get libra by working, and because of this, of course libra becomes a coin that is needed by Facebook users.

dependence on social media Facebook is the main determinant. With so many communities around the world, I don't think it's difficult for Facebook to promote its products. especially with offers about the advantages of libra coin, then at first many people will try it and eventually use it for their daily lives

Undeniably facebook is at the top among the social networking websites and application so becoming the leading alternative coin isn't that impossible. Talking about libra does not mean talking about facebook only, but the 20 companies that backs it up like paypal which is a big company. No wonder if libra comes huge in the market, facebook has billions of user worldwide. Maybe the next king? who knows.

I will buy Facebook coin because have big investor already to invest there, but not clearly when Facebook coin opening for public and when we can invest with Facebook coin. Not legal in their country United State make Facebook coin can't to purchase and we don't know when have to buy or invest with Facebook coin, but you must prepare your money first when Facebook coin open selling.

When it comes to buying Facebook coins, I think there are already a lot of big investors waiting because they believe that the popularity of Facebook is so great that it will definitely affect the coins and I am sure that Facebook Coins will become an attractive coin with a lot of interest.

Everyone, imagine the power of Facebook they can offer Libra coin to 2 billions of people. This would make Facebook the largest international financial institution. But, the chances are very low because in the history we didn't see any successful try from corporate company that launched a bank.

It is also undeniable that Facebook can attract huge investments because of their background of having a great team, many big partners joining their projects on the other hand Facebook users are almost billions of people. especially is the mass adoption for new users who will join and take part with the facebook project.

to be honest, I think very many people will buy this libra when the libra has been traded.
unfortunately, at the moment we can only guess. however, there are so many challenges from libra before it can be used and traded. in fact, one by one the partnership from Libra has come out because of resistance from Europe. everything we can see after libra is traded. 90% I'm pretty sure that Facebook users will use libra whether it's for business, selling, transactions, or other things. for now, libra needs to pass regulations made by the government.

Facebook coin will definitely attract investors...many people will buy it .

I will buy it as soon as Libra is launched, and even the most hard-headed haters will do it. The FB cryptocurrency is the way to save one's money from inflation and besides, conveniently and safely make buy/sell deals. Suppose, millions have been waiting for Libra release, and the Facebook coin will have its followers worldwide.

Sorry, but I only heard about the recent release of facebook. I am a little surprised at this but I think it will succeed because Facebook has been with people for a long time and it is growing.

The comparison is being done on the basis of them being digital currencies. No doubt, Facebook digital coin, Libra is nothing like bitcoin with respect to any feature. It does not intend to give us benefits like huge profits, anonymity, freedom. If Libra gets accepted by us, Mark won’t just have our social information. From where I am seeing it, Facebook now plans to keep an eye on our economy too.

Same here, I will also be one of the people who will buy it. I think Facebook's role as one of the biggest companies is very important in introducing this blockchain technology to people. Although there are a number of problems that have occurred recently that Facebook faces to make this project, but I don't think it will be problematic in the future if they succeed in proving it. Many people came out of the table but I'm sure many people will come in and return to fill the vacancy of the chair to continue to support this big project.

Seriously millions of people will buy the facebook coin.  Why is the government so mean on the Libra project?  That's because it could disrupt the financial system

I think that there will be many social media users who will buy Libra coins, because this coin is specially created to support every payment transaction available on Facebook and other platforms, so it can be said that this Coin Libra will become a popular coin after its launch.

I really don't buy shitty altcoins in the first place but since it was facebook's coin i think i might consider to buy it since the coin is owned by facebook and it was backed by huge companies so, it might prosper since the hype for libra is still going and i think it don't have problems when it comes to its tech since facebook has alot of devs though

From what I learned and easily realized that Facebook is a free social network and it has a large population of people here, the facebook coin will be used in advertising services or buying goods on the platform, or it could also be a bonus for users. Anyway Facebook is a giant and they know what they are doing, they have also created credibility and trust for users. This is a big turning point for the world of cryptocurrencies in general, the future of cryptocurrencies will be more widely used and popular.

I think the same. Many People would buy it

Personally, I believe that the coin issued by facebook will soon be in great demand. Since a very large number of users will want to invest in this interesting coin. As they say it would be what to buy and the buyer will always be there. So facebook will always have a lot of users.

You are right because, seeing the numbers of followers on their social media will make one to say such. Although many will not still engage in their coins because of lost of confidence in their breach of personal data. Looking forward for their launch to take part in their holding which I presume will make waves in 2020.

it’s not a fact that Facebook will always have many users. cryptocurrency is just in the early beginning stage of development and in the future, there will be such tools that will be very strong competitors for facebook, but even if we don’t talk about competitors, I think that Libra will not appear very soon

I think after the Facebook coin was launched, there is a possibility that the coin is a potential coin that we should try to use as an investment asset or be used as a form of trading, because Facebook coins must have prepared everything in detail so that it has a goal that the coins can continue to be developed in the future. besides that, of course Facebook already has its own media source that is suitable for promoting the coin to its users and of course it can affect investor interest.

I see that there is a big influence from the plan to launch Facebook Coins ... there are many media that talk about this Facebook coin ... with this I became interested in having FaceBook Coin on private sale ... I will invest some of my money to be able to have Facebook Coin (Libra) ... and I'm sure Libra will develop well ...

If Libra coin was built to be a better version of bitcoin i would have love to buy but it's not, instead it's just like usdt and USDC so i have no interest, no reason to keep or hold either

This coin will only be bought by loyal Facebook supporters. The big players have already pulled out of this project and only the fans remain.

Libra can be considered a revolutionary cryptocurrency project that can unite many people through social connections and money. This is a hybrid cryptocurrency with a wide range of features.

You will be surprised the number of people that will rush to buy up libra once the sale is open, people are more concerned about making profit than any other thing, libra is a big project and many people will be very interested to take part in this project.

What happens if Facebook uploads $ 5 Libra to everyone's account? This is not a big job for Facebook. Of course it doesn't do it on fake accounts. KYC will request verification. As soon as Facebook enters this business, the whole world will change.

Am pretty sure if this Facebook coin or token actually happens its gonna be good for the crypto world because Facebook has alot users which would definitely bring more engagement to crypto currencies in general because the exposure would be awesome and hopefully it happens

It is not a question at all...
believe me there will be a huge demand for facebook coin. facebook name is enough to be shilled and pumped by the community. Everybody will rush to buy before others  :)

Facebook is a big company and one of the most famous social media website. Even my neighbor's dog has an account on Facebook. So, it won't be surprising that many will but and support it. This is also a good opportunity to introduce cryptocurrency to the public since many still do not know what is it aside from bitcoin. There are still people that I know I'm real life that only knows about bitcoin. With this great example, people might see crypto in other light.

It is right that there are a lot of people who are using facebook but there are some points which are that firstly the owner of facebook is facing some issues from his government in starting his coin and other point is that many people who will not need any payment system in facebook will not use its coin and will just use facebook for connecting to other people.

Or they can just use the facebook coin for compensation among their influencers. They not only made us of facebook coin, they also advertised its use to their users with the thickest supporters. These facebook influencers can then use these coins however they like, as long as it's listed, they can have it be up for trades on exchange sites and then use them for profit or to further their investment.

maybe someone who believes in Facebook coins or some crypto users will buy it. for me personally it doesn't matter if facebook coins offer some good functions for investment, then I will buy them, and vice versa. other than that I heard a lot of problems about the Facebook project plan that was still pending and many partners left the Facebook project.

Facebook is one of the biggest social media available today and certainly has millions of users on their site, so, it doesn't seem too difficult for them to introduce Libra to their site users, especially ifs Facebook implements the need to pay for access to some of their features in the future, and of course inevitably Facebook users will buy a number of coin Libra as a means of payment for the Facebook feature and in my opinion, it is one way to sell coin Libra to the world community.

Honestly, Facebook is the most famous social media platform as of now and I can say that it has the most number of users as of now. I can say that if libra would become successful there are lots of people can use it since Facebook has so many scopes because there are people who earns because of Facebook such as streaming, there is also a marketplace in which they are selling and buying, and maybe they can use libra coin when buying those items. There are also times that we can send load or money using messenger wherein it is a messaging app that you can also send money.

Mark Zuckerberg is a very influential person and his Facebook is also very popular. Therefore, I believe that there are quite a lot of people who will support his coin.

I don't trust Zuckerberg. I've heard some statements from him since the founding of Facebook that makes me doubt whether I should trust what he does. I would have to read a lot about their currency to see if it is worth trusting.

I think if Facebook provides a marketplace on their own platform and uses Facebook coins as a payment method, then people who use the platform will buy. because the facebook platform is quite large and has many users, so they will only get the attention of their users. because for crypto users in general, stable coins are less promising and large profit potential from stable investments is very small.

Actually it depends on Facebook user because some of the person doesn't really trust some Facebook process by other project. By the scammer spread on Facebook, it become more hard to trust using Facebook and I also think that it would not be healthy if we use Facebook coin and I don't believe on that.