Bitcoin Forum

Facebook is going to launch cryptocurrency? I read an article on ExpertBitcoiner website

Maybe or next years !! But when FACEBOOK CRYPTO CURRENCY but this is first i heard this ?! Lets wait for they anounce of all moderator,,

Well what can we expect after hiring a blockchain expert, David Marcus?

Facebook Hires Coinbase Board Member To Lead Blockchain Initiative (https://ebitnews.com/2018/05/10/5841/)

And there's too many news so it's obvious now that they will create their facebook coin/token.

Facebook expected to launch own cryptocurrency following reports of hires to newly formed Blockchain team (https://www.firstpost.com/tech/news-analysis/facebook-expected-to-launch-own-cryptocurrency-following-reports-of-hires-to-newly-formed-blockchain-team-4466501.html)

Facebook Reportedly Considering Its Own Cryptocurrency (http://fortune.com/2018/05/11/facebook-cryptocurrency-blockchain/)

The news about Facebook launching own cryptocurrency is a welcome development for the entire crypto community because with their more than $533 present market capitalization they will blow the crypto market. Thanks for the supply of this amazing information. The news is timely.

Generally what I have seen or read is that lots of these companies are looking at the blockchain and how it can help. It doesn't mean those are launching their own currency if I understand correctly from the reports.

They definitely have some token in mind for their payment system on facebook/instagram. It seems like Bitcoin has yet to go through the whole "intranet phase" where companies start creating their own cryptos instead of using an open borderless one like Bitcoin. I do believe the first time your average joe uses crypto would be a token created by a major company like Facebook. God, I can see it now. FaceBucks will be the name.

Would this good or bad? I mean on one hand it gives users a chance to experience the tech, but on the other hand I think it could be bad for Bitcoin. Every company could have their own token and use atomic swaps (or something similar) to exchange tokens between eachother i.e FaceBucks for MicrosoftCoins.

ahaa! because I read an article somewhere but cannot recall. That's fascinating and astonishing as well. So now they like to join meanwhile they tried to persecute us. :D

It may work.. I have always wanted corporations to get into cryptos , and I have good reasons to believe my trust that it will happen - sooner or later...

Hopefully it will be implemented, and it is for the total good development of cryptocurrency business, because majority of people in the world were fan on accessing facebook, so to those people who access facebook can determine and knows about cryptocurrency on how crypto really works for peoples lifes, by the information and direct advertisements from facebook as one of crypto coin creator.

Facebook is proceeding slowly with cryptocurrency make sense, given that this particular area of blockchain technology has had some challenges. Payments using cryptocurrency are expensive and slow at the moment, a lot of issues need to be fixed first before Facebook will do anything. Facebook using cryptocurrency for payments makes sense. There are billions of people around the world that use the social media both for work and in their free-time. I can definitely see the reason but i wont be seeing it in soon.

Well that's one coin that I will never trust or invest in, I would even invest in Bitconnect instead if I had to pick from one of the two.

The only thing Facebook is good for is making tons of fake accounts to promote airdrops for free stuff. I will never give that trash company anything more but spam to clean up for my own profit, and lots of images of john redcorn and dale gribble.

I have completely grown out of social media (it really is a hub for do-nothings that like drama and being data harvested), but some of the sites like Steemit, Medium, Twitter, etc don't seem to be as scummy and useless.

the facebook launch their owned cryptocurrency. I think it qouls be good fpr those who have facebook social media account. because facebook have a big role in communications we can't deny it and there's so many user. I am looking forward to this coin, but I hope that it will be good characteristic and more reliable and usability

Who cares? It will most likely fail like the Telegram ICO that is going to happen soon. I can't see these centralized tokens or coins gaining much traction, especially given the recent privacy scandals that have arisen due to social media websites.

Well, that is Great news for all of us, facebook is a worlwide used of almost people in the world, so it easy for all of us to know the latest update going on cryptocurrency.

that's not what I heard but the facebook is allegedly leaking user data and getting reports. all user data unmasked. that's what I heard.

Offcourse they are going to create their own token like we all will do it one day in the future.You can expect 1 million cryptocurrencies in next 5 to 10 years.I plan to create mine one day

The news is timely and this is at the right time after Mark Zuckerberg told everyone that he's starting to make deeper research about it.

What others are whining is that after declaring the ban of crypto ads on that platform, it's readable that his move is to gain something for their own purpose.

Well played facebook though this is a good development for the crypto.

so what do you think, will others follow as well, like twiter, insta etc, making theirown coin?

Maybe they will launch cryptocurrency, but why exactly do they need it? Facebook itself is bigger than the whole market cap for all coins. How big is this coin going to be, to make sense?

Proof of that? don;t say without statemetn from facebook official. News should be fact, if only thread about something not to be trusted. Just say until now FB ban ICO ads. That is the fact now. Google will also do the same, but I am not sure if they are not interested in the delicious of bread crumb of cryptocurrency.

Smile, it’s good for Facebook health if only they wanna imitate that for real. Absolutely, the Facebook don’t wanna be out of the game. Trust me, as the crypto community is getting wider, social media’s would be fucking useless without blockchain as many are already planning to launch theirs on blockchain and every info would be decentralized. People would surely love that. Moreover, let’s wait to hear from Mark himself to come out and tell us that, if it’s for real

In my opinion this news can be considered a two-gum knife, where can develop crypto on a large scale by attracting new investors, high levels of marketing, full membership in several countries. Yet the entry of the world's largest social network can help, but on the other hand can draw more attention from governments with high levels of regulations, tax compliance, close inspection due to the number of investors that can enter this new world.

Can you put the link on ExpertBitcoiner so that everyone can verify the accuracy? But in my view, Facebook's release of their own crypto is unlikely to happen now that Facebook has banned ICO-related ads. So the little rate that Facebook will release crypto because they usually invest in potential ICO projects.

there's no clarification about the facebook will going to make a cryptocurrency. as david marcus said "they going to explore the facebook and make it as best leverage blockchain." but yeah we admit it as a part of a cryptocurrency. but there's no clear news about that. we need to wait and hear the final decision

Yes it will.
Facebook launching it’s own version of Bitcoin?
 (https://expertbitcoiner.com/2018/05/15/facebook-launching-its-own-version-of-bitcoin/)

There are too much of news circulating now regarding the launch of a crytocurrency by Facebook, lets see how it goes and if people really wanted to make use of it, it is only as good as its uniqueness and if it does not have anything better to offer who will be using them, they do not need an ICO to fund their project so it is a good thing and let them compete with other projects by hiring skillful developers.

Yes i do hope that it will be implemented soon because it would be a great for the crypgo to have facebook own crypto because on thid way we can be learn buy other poeple and make great well knowed to other people as well

The rumour has been out for weeks now
We all hope it’s true
And we can wait to see what eventually happens

As of now, Facebook is researching about cryptocurrency and how it can help on develop things in the world. But if Facebook launches an altcoin, many will be interested because of the amount of supplies it can accommodate.

This will be a great addition to the cryptoworld as it will drive mass adoption of cryptocurrency considering the fact that facebook is the most widely used social media ( 1 out of 8 persons use facebook globally). My reservation however is on the fact that facebook is currently not very friend as regard crypto projects. It has delete a lot of crypto project page in recent times and banns adds on cryptos

Yes, I see this news. If Facebook launches cryptocurrency, this is really good news for us. It proves that cryptocurrency will attract more and more people's attention and recognition.

I do not know if i should find that good or bad. If facebook it really does, could this coin be dangerous for bitcoin?
I think that will change the coin market.

I do not know about this because I'm also not sure if Facebook will launch cryptocurrency and so I will wait for Facebook to launch cryptocurrency but in my opinion, it is impossible because many people do not believe about this

That's good news if Facebook launches its own cryptocurrency, with billion users I think that is a good news. I love to see Facebook using blockchain technology as well to protect the data of its users. In this way, the criminal activity on Facebook will get terminated or lessen. And of course, they will be adding some features like crypto wallet and payment using facebook token. That is so exciting, I'm sure when blockchain technology going to mainstream facebook could be one to be benefited.

"Facebook is" serious "about launching its own cryptocurrency, according to a report from Cheddar because they are well preserved because it's not easy for me if it's a matter of being able to say that it's nice to have it Many people use facebook and they can easily understand

hope not. i hate facebook and most of user who use daily. if they hear about bitcoin, they will get in :(

If the news was confirmed by the managment of Facebook it would certainly be very positive for the entire cryptocurrency sector. The strange thing is that a few months ago this social network has banned the publicity of the ICO, I hope that now has changed its mind, but, sincerely, I wait for official confirmations to arrive

If its true I think its OK as long as it benefits its users and not just Facebook alone. Too many ICOs about rewards on watching movies and listening to music and Facebook having its own crypto is not surprising. I would like to be paid for browsing and using FB. And hopefully share rewards and be awarded by each likes and comments don't you think it would be fun and earning too. Hopefully it won't ban other projects, that would be the negative side of it though.

Facebook is only interested in blockchain, so I don't think it will really introduce cryptocurrency.
Because as a global company, facebook is not short of money.

It is a good news if Facebook will really launch their cryptocurrency.  As expecteed with those huge private companies that they already do thier secret research in blockchain on how they can gain profit to it. We will just wait for the official news from facebook.

Till now I haven't heard anything from the Facebook team. Only rumors created by the crypto-users are giving any hint towards this idea. But in case they launch a crypto, then it will be a good idea, since they have billions of users from around the globe.

Wait! What? How have I missed this update? I really want this to  be implemented for obvious reasons. Facebook is one of the biggest social media platforms and if Crypto Currency will be launched by them, it would raise our business's standards to another level. This will get the Crypto world one step closer to being recognized world wide. Who else is excited?  ;D

I read or heard it somewhere too, If they really going to make their own cryptocurrency I will really going to invest some money on it!  ;D I really can't wait to see what kind of coins they will going to make. But I think it will take time before they will create it and announce it on public.

I think this is a fake message. I won't buy it. I think his software is very difficult to use.

Each big company is allowed to run its' own cryptocurrency. The second question is what they need it for. I dont see the necessarity in token for Facebook. What they can use it for?

I do not think so at least at this point of time. Facebook just recently banned any ads relating to cryptocurrencies. And now it will launch its own cryptocurrency. it will be contradictory. The news source maybe wrong friend. But one thing is sure that many countries or firms are realizing the importance and relevance of cryptocurrency.  

Blockchain enthusiasts see the technology as a way for Facebook to address and solve many of the recent problems it has faced concerning people’s privacy.
While there are other cheaper and faster alternatives for protecting user privacy, blockchain allows the users to control their data end-to-end. This might be an attractive use case for Facebook, considering the recent Cambridge Analytica scandal.

In this topic I can’t say that it will happen that face book is going to launch cryptocurrency because last time that I know there’s an issue between cryptocurrency and face book banning advertising of cryptocurrency

I also heard such news, but I do not know if this is true. Fesbuk is a successful company that would have to create a really good crypto currency. I think if it's true then they will launch the ICO only when the market starts to grow.

It seems to me that a coin from Facebook will initially have a capitalization of more than $ 1 billion. Will have good popularity.                                                                  

This is good news, I think Facebook, Google, etc., some big brands will soon release their own coins. This is a very good news for the cryptocurrency market.

just another news to pump and dump the whole market.
but I think it's very possible, they would never leave an good opportunity to make money
cause recently, they un-ban advertising crypto currency
so I think it's time for market to start going up.

Maybe this is just a hypothesis or is the article blowing up? I can not believe it. But if true the market will be blown up again. And the heyday of Crypto will return to the ground continuing to rave. As the way crypto did in 2017.

Trust me if Facebook decides to launch their own cryptocurrency than you are going to read about it from almost every place and not just some unknown website. Also until recently they had banned all the cryptocurrency ads which means that they aren't really in favor of cryptocurrencies.

I have not read the story, maybe you can put the news link in this thread so others can also read it.
I think maybe FB will plunge into the world of crypto because now crypto is a very profitable project. considering now also have many big companies that started to plunge into the world of crypto.
this is good news because of the increasing number of cryptocurrency enthusiasts, will continue to grow.

Its seem possible but in the future. They need a trust of market. Maybe 2 3 years alter they will launch. But in these years , hard.

I just heard about this rumor. I don't know if this will happen. It requires Facebook official to announce a final answer. If Facebook is going to launch cryptocurrency this is true, then it will be a very big positive for market.

oh ya? this is first i hear about facebook will launch cryptocurrency because last update i heard facebook ban cryptocurrency
so its mean facebook not accept cryptocurrency and now facebook will launch crypto it spechless for me

Don't know about that.But yes Facebook now revised the ads system so any ico as not be baned.So many people think Facebook don't open any crypto in my opinion.but there is some blockchain project I think .Lets see what comes next.But if Facebook takes any decisions that will be Big for this crypto world.

It has not been confirmed yet that Facebook would launch a crypto currency but if actually they are going to i think its actually going to be a good idea talking in mind that they hired a blockchain pro, i think we should just wait for the proper announcement tho

Zuckerberg is confident that thanks to the new cryptocurrency, people will have an impact on important social events and will be able to Express their views. In addition, he said that there are two important counter-trends: encryption and cryptocurrency.

it was a stupid decision to ban advertising. and it is expected that this decision will be canceled. freedom of speech

If that happens it will be huge. Can You imagine what impact could it have for Crypto market  if Facebook does an airdrop of it`s tokens for 1.5 billion users ? Until that happen, the rumours are that Facebook acquires Coinbase and the fact is that Facebook unban Crypto ads ( except for ICO )

Sounds unlikely, not really worth the regulatory risks for them. Expect they're researching blockhcain heavily though.

I think big companies like Facebook and amazon will have their own coin soon, expecially amazon for their own store, for sure they will have not the need to launch one ICO for it.

there is also a great idea but I think it's hard going to happen when Facebook and blockchain not related to each other very much.

After the fact that social networking sites Minds have become popular and famous recently, Facebook can launch blockchain as well as its own cryptos. This is great if Facebook uses the same technology. If they create their own cryptos and exchange floor, it will be interesting for investors because they have secure crypto to invest beside BTC and ETH.

Perhaps it’s yes. Because many people talk about it. In addition, Zuckerberg forbade to advertise all that associated with the cryptocurrency in Facebook. It’s interesting to see what role Facebook’s cryptocurrency will played.

The rumour making it rounds about Facebook intention to launch its own cryptocurrency is yet an unconfirmed story. however, I don't see that happening in near future even though there is a likelihood. Once this is done , it will be a plus for Facebook as its economic value would have been enhanced.

Facebook has remove its ban for crypto and soon i believe it will also use blockchain technology. There are rumors that Zuckerberg will enter crypto and it will be a big impact to the price of the coins.

is it true that I heard this news? is not it much news that Facebook has banned ilkan for crypto currency? why facebook will now launch crypto currency? is this just fake news?

This is good news, I believe that soon all services will launch their crypto-currencies and go to the blockchain.

It would have been nice if you provide the link to where you read the news, but if that happens, then cryptos will go instant main stream because there are billions of people using Facebook.

If you have been here long enough, you must have heard of Stellar distributing tokens. 16000 STR to facebook users who verify their account. The token had made a success over time. STR now had the database of huge users who acquired those tokens. Same thing for facebook, they have been known for collecting data from its users, for thier ads to appear depending to the demographics.

Now what would they do to the data from crypto users? Control is always what is in the mind of these people.

I think it will not happen for this next few years, facebook banned some cryptocurrencies advertisement before and which is a very good idea and action from facebook to eliminate the ICOs that are scam. I believe that facebook will launch if cryptocurrency will totally legalize to all countries and if almost the people in this world is already know what is cryptocurrency.

I do not think this is true as of now, i think one of their official talked about upgrading the platform with the help of blockchain technology to make it more efficient although they can also come up with their own coin to support it but these details were not given, i will support fb if they come up with such plans.

Of course, that's why they officially allowed advertising on their site, it's all good for me, now no one can stay away, a lot of social networks come out new on the basis of blockchain. To tell the truth I do not really understand what will happen to the crypto currency of Facebook, but it's all very good!

I watched one guy's videos tutorial on YouTube about this, which I quite didn't believe, but reading is here once again... I now think it can be true. Well if fb is able to introduce a coin I think it will move to the moon and it will be a very successful coin.

Smile, if they are launching a crypto, it shouldn't be an ICO but airdrop for the fact that whales would really be of advantage if it's ICO but airdrop would be equal, i know.

really? if facebook will launch cryptocurrency, i think this is great for the future of cryptocurrency world. the world will be better known in the wider community, because we know that facebook has a large enough users.

What a great development, it's good for them, as well good for users around the world. You need to move with technology for not to get outdated Asap

If this news is true, then one more sure thing is that cryptocurrency will become very potential in the future, attracting a lot of potential investors including Google and Facebook. I hope my belief in crypto is correct because everyone's habits will change over time, from cash use until later, they will all switch to Internet payments.

I do not think so at least at this point of time. Facebook just recently banned any ads relating to cryptocurrencies. And now it will launch its own cryptocurrency. it will be contradictory. The news source maybe wrong friend. But one thing is sure that many countries or firms are realizing the importance and relevance of cryptocurrency. 

Facebook launch crypto? This is nonsense, they will not launch crypto until they are absolutely sure that the future will depend on crypto.

I also heard this wonderful news, but only there were a lot of restrictions that must be respected, so before you should gladly need to know exactly what is allowed facebook because it is not profitable to resolve it completely.

They banned it but it takes for the links etc.. Or promotions or sponsored post that we always see a crypto ico means it was a good project or a legal one in my own understanding. They are not totally banning crypto ads they made it to for security and i think because of sec. There's nothing wrong for facebook to launch its own coin.

ive heard that before last year i guess but i am not surprice if facebook do so, we never know what would become in the future, you see maybe soon they will make a [Suspicious link removed]d for facebook user where everyone can used it in some purpose like exclusive videos, download and etc

This info has gained a lot of audience, so we are waiting for the time Facebook will lunch its own crypto. Well, it seems the crypto world is growing.

Like other companies, Facebook is exploring ways to harness the power of blockchain technology, Facebook plans to make cryptocurrency is not the first time. But it seems, Facebook this time seems more serious to realize it, but,Facebook has not announced when it will launch its homemade cryptocurrency.

From the knowledge that Facebook will hold an ICO, we, ordinary investors, will not benefit in any way. I think it would be a repetition of history with telegram, all tokens will buy up for private sale

This is definitely a great news so far after a long run of the market being down hearing and reading some news like this is such a good news to everyone who believes in the huge potential of the cryptocurrencies to become more liable source of income to everyone. Everyone are also hoping for a good thing happen in bitcoin at this moment.

What else do you expect after hiring a block chain expert. This is way going to help Facebook reduce coat of paying for content . everything can be in a smart contract of payment of services with ease and transparent.

Maybe later, when crypto really becomes a means of payment in all things. Facebook is good enough to launch a crypto, just a matter of time.

I think it's a very reasonable decision ! He sent a telegram. Google is also planning ! Why not release your token on Facebook )

Both Facebook and Google are going to launch crypto and it seems to me that thay decided to ban crypto due to a reason that they are afraid of competency and want to people to use only their product

if that's true, then I'm sure facebook bounty will come back again because facebook will not block ICO anymore.

Absolutely! This will apparently blow the news about the reality of cryptocurrency. Because all users of Facebook will definitely need the coin they will come up with for day to day use. And there will be so much conversions to or from other cryptocurrencies.

This is a new information. Facebook will launch electronic money. Thus, electronic money will be widely disseminated and more widely known. Most people in the world are in facebook. Electronic money will have a good signal.

It's just another rumour and this has been discussed in various place. That's just a rumour that has created by someone. I heard facebook has created a clarification about that and they are ignoring it.
The only real news about the facebook company has been lifting the ban to the crypto advertisement and no more.

I do not think that this may be true because Facebook was acting against such events. I do not need the extra money for such a company that ICO do. If this is the right news, the only thing I can think of is a project to use as a payment method. This is possible if they want to switch to advertising sales in their own currency, but I do not believe that such a thing can be done just for profit.

That's enough to not trust Facebook. I understand so if the company follows some strategy it doesn't change it every few months. Zuckerberg doesn't know what to do. I admit that he does not believe in cryptocurrencies and will never go to create his ICO but he does not want to lose money from advertising such projects.

In the past, I have heard facebook banning the promotion of bitcoin in all forms. But now facebook is launching new electronic money. This is also good news, so the electronic money market will become richer. Many will invest in digital money.

this is good news, because facebook is used all over the world, facebook is very global .. almost everyone uses facebook. will become easier if indeed this news is true that facebook will launch crypto. yes i'm very happy to hear it.

Need to keep up with the times. Therefore, all large companies will be interested in taking their niche in the cryptocurrency. It's only a matter of time. Cryptocurrency at the beginning of its path and will only develop.

I think the release of their coin is not necessary. They don't need any ICOs, they have stocks, that's enough. But imagine it come true, they might probably forbid all the news about other coin, and just focused their coin promotion  :D  Finally, facebook coins is a difficult thing to happen.

I have also heard about cryptocurrency from Facebook but I m not sure that it will be very popular, perhaps for the first period of time, but with time due to a fierce competition, it will disappear I think

Could be, facebook is a big enough digital company. Seeing the development of crypto as one of the future may facebook will launch crypto.
We will wait for futher news.

Well they are in the exploring period no serious news about it yet, but if you asked me it's going to be big news I wonder if they are going to launch an Ico, because they don't need that anymore because they already had a huge budget and they continue to rake billions of dollar.

It's about time that Facebook jump into blockchain technology system and will have theirs on cryptocurrency (token). We only can wait for further progress from that news and I hope it's true.

I do not know the news yet, if I am happy. Facebook is a big company, and if they launch a crypto meal it will be a bitcoin / altcoin competitor.

I think this is a fake message. I won't buy it. I think his software is very difficult to use.

Many people use Facebook, no matter whether fecebook will launch encryption, as long as there is information about cryptocurrency on facebook, I believe there will be many people who want to know, once they have their own currency, I believe the market will have a bigger Fluctuation, a good thing for us, and more understanding of it, has also accelerated the progress of the blockchain.

I am not surprised by the news that Bitcoin is going to launch cryptocurrency that will be labeled as Facebook’s cryptocurrency. Good idea! That’s why the whole this bum around crypto topic was organized by Facebook.

if facebook launches cryptocurrency it seems that good news because of the growing era and more and more developing platform like facebook then cryptocurrency will become very famous and will many who buy and trigger price movement of bitcoin and other cryptocurrency.

Maybe just an issue, I think facebook is just kidding. Currently they already have many followers and have a lot of income, including whatsapp.

sooner or later Facebook will launch their own cryptocurrency and knowingly facebook will use maximum use of cryptocurrency in the market of all the feature of day to day happening of blockchain will be implemented in facebook coin

I suppose it's a fake message. I will not buy it. I think his software is very difficult to use.

And some time before this announcement, they took and removed a partial ban on advertising ICO.

Maybe I am a little puzzled by the circumstances that exist. Facebook prohibits advertising about crypto some time ago but is now planning to launch their own crypto. certainly, it is difficult to grasp because it so quickly this thinking can change. But if it is true then, of course, this is also a form of support for crypto also for future later.

Launching Cryptocurrency in Facebook is OK but it's not sure yet. Maybe we just wait to their official Announcement and not in predict by any person or people their.but for me i think its good to see facebook launching it

Facebook itself is a great social media. Now there are many politicians, stars are in use, and many ordinary people are also using it. I think Facebook's launch of its own cryptocurrency is inevitable, which will drive more industries to use cryptocurrency, encryption. Money will soon usher in a vibrant spring

I think it's more demand what they launch because there's a lot of users in facebook that they, are able to recognize that. It has a good potential to regulate high prices immediately.