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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Rahib khan on October 12, 2019, 03:34:18 PM



Title: Where is Facebook coin going
Post by: Rahib khan on October 12, 2019, 03:34:18 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?


Title: Re: Where is Facebook coin going
Post by: CryptoBry on October 12, 2019, 04:08:37 PM


I have been telling my friends that soon Libra is going into the limbo floating somewhere in between hell and purgatory of regulatory universe. With many of the members of the Libra Association starting to disassociate themselves from this very controversial project, all the backers can be gone sooner than Mark Zuckerberg can get to the comfort room. Libra is destined to be strangled principally because this is another project of Facebook which is now known as not a good repository of data and is careless with the privacy of its users. I am suggesting to Mark to redo and change everything on Libra and even change its name...plus get new people to handle the whole project away from him and Facebook.


Title: Re: Where is Facebook coin going
Post by: mr.relax on October 12, 2019, 04:42:04 PM
Its very simple: Regulation and Cryptos dont fit together.
Libra is dead. Maybe it will be something like a new paypal, but never ever something like bitcoin.
Either do crypto which cant be regulated or do a centralised financial service.
Only when centralised money issued from nationalbanks appear, blockchain money will be accepted, but then its no decentralised crypto as we know it.

In my believe, its time to say goodby to the effort of integrating crypto in the regulated financial world.
Wherever the nations can, they fight against cryptos and call it regulation.
Just have a look what happened to telegram token...
Crypto was never made for regulation and the "power" will never allow that real cryptos  become relevant.
Bitcoin was made as alternative to real money, not as a kind of real money.
Better improve the privacy thing in all coins, especially bitcoin, and dont accept regulation instead of kissing the a...s of the financial system.


Title: Re: Where is Facebook coin going
Post by: Pearls Before Swine on October 12, 2019, 04:48:39 PM
I have been telling my friends that soon Libra is going into the limbo floating somewhere in between hell and purgatory of regulatory universe.
This.  I haven't read any good information about what's really going on behind the scenes and it is not clear to me why the U.S. gov't wants to squash the project before it gets going.  I assume it has to do with potential money laundering, a creation of a stable currency other than the USD, and possible tax evasion.  I could be wrong on all counts but if someone has the scoop on what the hold up is, I'd like to hear it.

You also mentioned the privacy issue, which is the main reason I detest facebook with every ounce of my soul.  Personally I'm neutral about Libra launching, but it would give me a nice giggle to see this blow up in Zuckerburg's face.  Call me a cranky contrarian but what they do with their users' data just isn't kosher.


Title: Re: Where is Facebook coin going
Post by: bL4nkcode on October 12, 2019, 06:18:30 PM
It will be dead soon before they launch, or will not even launch perhaps. Besides, the US government is very skeptical about them.

Seriously, it doesn't matter to me launching the project in the mainstream, even, it helps of BTC/crypto awareness to their billion users.
And might affect the price in some ways even people say that there's no connection between libra to BTC, only if libra survives, which I doubt.


Title: Re: Where is Facebook coin going
Post by: Shasha80 on October 12, 2019, 08:15:08 PM
It is always interesting to discuss Libra coin because this coin is a controversy, some people say libra was created to destroy bitcoin.But I personally think that the appearance of Libra coin will boost the price of Bitcoin, which is indeed different between Libra and Bitcoin.Libra coin is intended as a digital currency to pay various bills, buy goods from e-commerce companies and also send money especially for Facebook users. While Bitcoin is like a digital version of gold which is more suitable as investment tool, although Bitcoin can also be a means of payment. We remember related to the issue of data leakage problems that have been made Facebook, that will make people will not believe in Libra coin. Not to mention that Libra coin is socialized because it is controlled by libra association which will reduce people's interest in libra coin, very different from decentralized bitcoin. Bitcoin it is not owned or regulated by any party, which makes people like it. The conclusion is that Libra will never be able to defeat Bitcoin.


Title: Re: Where is Facebook coin going
Post by: btc_angela on October 13, 2019, 02:25:24 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

Even though there's al of companies jumping the boat on Libra today, I think Mark Z is really hell bent on putting this on crypto space, I mean they hired someone to help them (lobbyist) so I doubt that they will simply back out of the plans to release in next year. So let them pursue it, and see how it will go for them. If they see it's no longer profitable then obviously they will pull the plug on this one instantly.


Title: Re: Where is Facebook coin going
Post by: Ridwan Fauzi on October 13, 2019, 03:38:07 AM
Just England who support them although I don't know exactly the reason why they still support them and the rest most the countries in europe will fight them. And recently there is some companies who decided to left the corporation such as mastercard.

If many people have an awareness then I guess they should be not interested to libra coin which is why facebook have some problems especially about the identities of their user. For myself, I'll not use libra coin if they still compel to lounch the coin, I'll face many problems for sure.


Title: Re: Where is Facebook coin going
Post by: Winderer on October 13, 2019, 07:20:58 AM
It will be regulated, it will not be free, it will not be [type any of important BTC characteristic]. But it will be anyway very good type of money. This is the next big step, if it'll be launched.


Title: Re: Where is Facebook coin going
Post by: Willitivity on October 13, 2019, 12:05:50 PM
I still have much hope for it but in general, the hype that surrounded it initially had really died down. If the project is to continue, it won't be as it was before. Facebook being a company who people attribute with privacy issues, this alone will make lot of people to have double minds about the Libra token.
Its launch is no longer guaranteed yet, we have to wait till next year.


Title: Re: Where is Facebook coin going
Post by: milewilda on October 13, 2019, 03:21:21 PM
It will be dead soon before they launch, or will not even launch perhaps. Besides, the US government is very skeptical about them.

Seriously, it doesn't matter to me launching the project in the mainstream, even, it helps of BTC/crypto awareness to their billion users.
And might affect the price in some ways even people say that there's no connection between libra to BTC, only if libra survives, which I doubt.
Its really hard when there's someone whose watching you specially if its US government which wont really be that simple for you to proceed on plus
having lots of critics then you would really thinking up twice before proceeding if you are the project owner.So talking about on where this coin or project would go
then it would really have that 50-50 chance its either they would able to launch or would either die along the way.For now we cant do anything but to watch on what will
happen.


Title: Re: Where is Facebook coin going
Post by: Jating on October 13, 2019, 03:51:32 PM
As least give us the bad news here, Facebook’s libra cryptocurrency coalition is falling apart as eBay, Visa, Mastercard and Stripe jump ship (https://www.cnbc.com/2019/10/11/ebay-drops-out-of-facebook-libra-cryptocurrency-one-week-after-paypal.html).

Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?
I'm sure Mark Z. doesn't want this to happened, unfortunately at the end of the day it's all business and I have a feeling that once he face the music in the Congress, everything will be clear as to what Libra is and what regulations do they really need to satisfy. So for me they are going to pursue as plan and enter the crypto market. And I'm sure those companies can still work with Libra when they see the project became a success.


Title: Re: Where is Facebook coin going
Post by: Harlot on October 13, 2019, 05:58:30 PM
If you are thinking if there would be a great price pump coming for Libra then think again. Several countries like France, Germany, Japan, and China have already voiced out that they are either not open towards Libra or will proceed with caution with regards towards regulation for it so that already gives you a brief introduction on what the demand would look like if this has been already launch. Big markets such as those countries not being too open for Libra already gives you a hint that it will be a hard market for them. Not to mention that Libra would be considered a stable coin you won't really get any kind of price action from it since it's really not built to be traded on a regular crypto exchange.


Title: Re: Where is Facebook coin going
Post by: nelson4lov on October 13, 2019, 07:17:12 PM
If you are thinking if there would be a great price pump coming for Libra then think again. Several countries like France, Germany, Japan, and China have already voiced out that they are either not open towards Libra or will proceed with caution with regards towards regulation for it so that already gives you a brief introduction on what the demand would look like if this has been already launch. Big markets such as those countries not being too open for Libra already gives you a hint that it will be a hard market for them. Not to mention that Libra would be considered a stable coin you won't really get any kind of price action from it since it's really not built to be traded on a regular crypto exchange.

I don't know if anyone was anticipating libra bringing them profits. It won't. The major reason why I liked the Libra idea was that It was going to bring Cryptocurrencies and Blockchain to the limelight. I know for a fact that Facebook will inform their 1 billion users about people. And humans, being curious, They'll research on the tech => blockchain => Bitcoin and altcoins. That's more than enough exposure and adoption. So whether or not Libra is regulated, It's a win win for us.



Title: Re: Where is Facebook coin going
Post by: Cakalasia on October 14, 2019, 04:04:36 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?
bad news will not be affected libra we should for the launch then we will see if they continue .


Title: Re: Where is Facebook coin going
Post by: Vitamin_52 on October 15, 2019, 12:21:40 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?
it can be anti-advertising, or specially inflate such rumors that there were no such fees as telegrams. Perhaps some investors will be afraid to enter because of such news. but I'm not afraid I'm participating


Title: Re: Where is Facebook coin going
Post by: Davian144 on October 15, 2019, 02:02:43 PM
I do not know much about what happened to Libra coins, only now there are a lot of bad news circulating about Libra, such as the loss of cooperation from several large companies, so that it can cause a lack of trust in Libra, hopefully it can be overcome soon by the parties Libra, because until now there are still many who monitor about Libra.


Title: Re: Where is Facebook coin going
Post by: pakdemaco11 on October 15, 2019, 03:21:31 PM
I have heard that many countries and some companies have blocked the presence of libra coins so that libra might be postponed.
I also don't know for sure that libra will be published or not later.


Title: Re: Where is Facebook coin going
Post by: ChrisPop on October 15, 2019, 03:34:10 PM
My suspicion is that Libra is going to be a big Facebook FAIL. Many of its partners are dropping out as probably they see that it is not going anywhere. My big problem with Libra is that it is not a true cryptocurrency in it's core sense. First of all it is not decentralized, but generated by a central entity( company in this case) that had media scandals in the past with people's confidential information. Would I trust Facebook to not track my spending habits and transactions? - HELL NO!


Title: Re: Where is Facebook coin going
Post by: ganeshramk on October 15, 2019, 04:43:49 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

Its hard to tell about this coin now. However they will find a way to move forward and the coin will be out in the market for sure. Already lots of development ongoing. So they dont go back unless US government bans it.


Title: Re: Where is Facebook coin going
Post by: J1mb0 on October 15, 2019, 05:52:47 PM
It seems that the Libra project has some problems and has to be postponed, maybe Libra has not been able to appear for a long time.


Title: Re: Where is Facebook coin going
Post by: Lmaooo on October 15, 2019, 08:22:09 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

Facebook coin Libra is not going anywhere. No government in the world would allow Facebook to control its currency. Fiat currency is what gives the Government power over people and Libra is about to take away that. Tell me how do expect governments will respond to that?


Title: Re: Where is Facebook coin going
Post by: SolarWindMiningCompany on October 16, 2019, 11:14:32 PM


I have been telling my friends that soon Libra is going into the limbo floating somewhere in between hell and purgatory of regulatory universe. With many of the members of the Libra Association starting to disassociate themselves from this very controversial project, all the backers can be gone sooner than Mark Zuckerberg can get to the comfort room. Libra is destined to be strangled principally because this is another project of Facebook which is now known as not a good repository of data and is careless with the privacy of its users. I am suggesting to Mark to redo and change everything on Libra and even change its name...plus get new people to handle the whole project away from him and Facebook.

⁠Libra is “absolutely not” in jeopardy after seven firms including PayPal and Visa have dropped out of the project, says the head of Calibra

https://ct.com/7xid

But do we expect the head of Calibra to sat otherwise despite seeing the mass exodus of partners from the Libra project? Your guess is as good as mine


Title: Re: Where is Facebook coin going
Post by: cryptoangel on October 17, 2019, 12:49:15 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

Facebook coin Libra is not going anywhere. No government in the world would allow Facebook to control its currency. Fiat currency is what gives the Government power over people and Libra is about to take away that. Tell me how do expect governments will respond to that?
All the governments are protect the peoples so first they fix some regulations then only it will possible to enter in the market. So we don't confuse the government and Libra project, because it is one of the altcoin it will also under in Bitcoin. 
I hope libra have some technical issues and upgrade the further process so it will enter but official announcement is still pending.


Title: Re: Where is Facebook coin going
Post by: Bitcoin Seller on October 17, 2019, 08:02:46 AM
It will be dead soon before they launch, or will not even launch perhaps. Besides, the US government is very skeptical about them.

Seriously, it doesn't matter to me launching the project in the mainstream, even, it helps of BTC/crypto awareness to their billion users.
And might affect the price in some ways even people say that there's no connection between libra to BTC, only if libra survives, which I doubt.

The news about Libra does not seem to be very optimistic. Too many companies, including PayPal, Visa, and MasterCard have refused to cooperate with the Libra Association. Now, it can deal only with non-profit organizations and cryptocurrency companies. To launch Libra, Facebook will have to review its original plan, otherwise, the company will continue to face resistance from regulators.


Title: Re: Where is Facebook coin going
Post by: batang_bitcoin on October 17, 2019, 09:06:51 AM
I think they will continue regardless of the issues and back outs of their partners. They still have partners remaining and the pressure from the US gov't is forcing those partners to back out. But I think they have all set it, they have planned it for more than a year so I think there's no stopping and going back. I'm not a supporter of this project but this seems to be a project that facebook will push because they have invested heavily on it unless the gov't forcefully stops them.


Title: Re: Where is Facebook coin going
Post by: ngoisao on October 17, 2019, 09:48:17 AM
I think the project will continue to grow regardless of any regulatory difficulties. Facebook will not give up easily and so will their partners. There are just a few difficulties right now. initially they need to resolve to be more perfect and will not be difficult from the management agency anymore


Title: Re: Where is Facebook coin going
Post by: DaMut on October 17, 2019, 09:57:23 AM

Facebook coin Libra is not going anywhere. No government in the world would allow Facebook to control its currency. Fiat currency is what gives the Government power over people and Libra is about to take away that. Tell me how do expect governments will respond to that?

There is hope for Libra as long as they change some rules such as allow the government to control their money just like Fiat, this is not impossible to do that since Libra is centralized stablecoin. The regulation backslash is its biggest problem right now, they just need to find a way to solve it and then everything is fine.
It is not totally impossible, but will MZ do something that he can not control? I doubt it.


Title: Re: Where is Facebook coin going
Post by: Flor1982 on October 17, 2019, 10:11:58 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

Visa and Master card alone which are known payment companies with millions of card users are all critical partners for the success of Libra project therefore most probably FaceBook will postponed the project until they can find a new strategic and reputable business partners again.


Title: Re: Where is Facebook coin going
Post by: clickerz on October 17, 2019, 10:16:20 AM
It seems that the Libra project has some problems and has to be postponed, maybe Libra has not been able to appear for a long time.

Development has been halted and no good news for now. Partners are leaving one by one disassociating themselves with project due to some government scrutiny and strict regulation. I hope they are now brainstorming for the revival of the project by addressing problems now before going to public.


Title: Re: Where is Facebook coin going
Post by: erickastella on October 17, 2019, 10:21:44 AM
in my opinion, if social media Facebook issues crypto, that is libra, it is a very advanced breakthrough where Facebook says that libra will be stable and will compete with USD, but there is no news when Facebook will launch libra, it is still confusing, I am also very enthusiastically waiting for news from Libra.


Title: Re: Where is Facebook coin going
Post by: tenakha on October 17, 2019, 10:45:34 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?
I do not know why, how, by whom, but it is obvious that there are those who want to influence the crypto space. As far as I know, a few big companies agreed with Libra, have stopped working. Actually Libra has nothing to do with crypto anyway however it is a good choice for mass adoption. They want to influence its vision but Libra will still be effective.


Title: Re: Where is Facebook coin going
Post by: CoinKolik on October 17, 2019, 10:57:10 AM
Big companies which announced as a partnership for Libra project leaving the project one by one. After MasterCard and Visa others also left the project.

Libra was good for promotion of BTC. Partnerships leaving the project also good promotion for BTC as it shows that libra not a competitor to BTC.

BTC needs no partnerships or government support. Decentralised is the power of BTC.

There can be new partnerships for Libra and it can go on his road. This will also be good for BTC.


Title: Re: Where is Facebook coin going
Post by: alicea on October 17, 2019, 11:02:40 AM
Right now the future of Libra is not looking good at all and in my opinion, even if they were able to cut through all the red tape it is still going to be highly regulated.


Title: Re: Where is Facebook coin going
Post by: electronicash on October 17, 2019, 11:38:25 AM

libra is not going anywhere. there is just so much resistance to it not just from EU countries but the US senate itself. there is nothing to expect anymore about it.
right now, there is nothing to look forward anymore, BAKKT has been launched, ETF failed, libra failed and i guess the only to look forward in crypto is the halving. hypothetically this is just the part where we can presume the price can be pushed upwards.


Title: Re: Where is Facebook coin going
Post by: zeze18 on October 17, 2019, 11:46:15 AM

libra is not going anywhere. there is just so much resistance to it not just from EU countries but the US senate itself. there is nothing to expect anymore about it.
right now, there is nothing to look forward anymore, BAKKT has been launched, ETF failed, libra failed and i guess the only to look forward in crypto is the halving. hypothetically this is just the part where we can presume the price can be pushed upwards.

Yes last 2 year is really hard time for crypto currency, tried to comeback but always ended with bad news.
We hope next year will be the golden time of crypto just like 2017, bitcoin halving and eth 2.0 could make a revolution to crypto industry


Title: Re: Where is Facebook coin going
Post by: Ajibola123 on October 17, 2019, 04:20:19 PM
i know libra is going to be big, i am so positive about it but waiting for so long before lauching the coin is my concern. but i know all the delay is to give the best, so it wont end up OVERHYPED


Title: Re: Where is Facebook coin going
Post by: plast555 on October 18, 2019, 07:26:00 PM
I think we'll see the project die slowly. Although Libra created a general hype in the market, it was clear from the beginning. There are some reasons for this, first of all, nobody trusts Facebook and its companies. Also Facebook and Mark Zuckerberg are still in court. This naturally excludes investors from the project.

The Blockchain community, on the other hand, does not favor the project for both these reasons and for some reason. The centrality of the project is one of the biggest factors. In addition, the Libra's maximum supply is unclear is another big question mark.


Title: Re: Where is Facebook coin going
Post by: Upgate on October 18, 2019, 08:02:13 PM
Facebook coin hasn't yet been realised and it has started getting criticism from many. I don't do stable coin I think it principles are very different from normal coins. But criticism is one thing that's can build a coin. I think Libra coin has something to prove


Title: Re: Where is Facebook coin going
Post by: Pelunize12 on October 18, 2019, 09:25:20 PM
many big companies decided to leave libra association, it means that libra has 2 big problem instead
the first problem is on libra association (Visa, Mastercard, eBay, paypal quit) and the second is on goverment against. i think it's very hard for facebook
Visa, Mastercard, eBay, Stripe Follow PayPal in Quitting Facebook’s Libra Project (https://www.coindesk.com/ebay-stripe-follow-paypal-in-quitting-facebooks-libra-project)


Title: Re: Where is Facebook coin going
Post by: Starfranko on October 18, 2019, 09:49:26 PM
I think libra is all about the hype. I don't see the coin making much impact within the crypto-currencies community despite the pedigree that Facebook has . It will fizzle


Title: Re: Where is Facebook coin going
Post by: Starfranko on October 18, 2019, 09:51:39 PM
Libra made such a fantastic perhaps never seen entrance into the crypto-currencies space. Its coming was well publicized because of the publicity it Garner many people were expecting the coin to be challenging others but that does not seem to be the case.


Title: Re: Where is Facebook coin going
Post by: Starfranko on October 18, 2019, 09:54:08 PM
Eventually Libra will die a natural death. It is nit going to lady
 There seems to be so much doubt and cynicism about the coin. It is not going to last


Title: Re: Where is Facebook coin going
Post by: Classica35 on October 18, 2019, 11:02:51 PM
Both coins might later not be launch, because of the obstacles they are and will still come across. They are being checked and regulated. This might be as a result of the location and jurisdiction they are found. There is no need to conclude now, but time will tell, if Facebook in particular will still launched, as Mark Zukerberg is being cannot to series of interviews and panels.


Title: Re: Where is Facebook coin going
Post by: Kotone on October 19, 2019, 01:01:49 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

It still has strong influence though some firm decided to leave their side. I dont think it will affect the Libra stance in the market. This is a solid project with a very famous team, everything is possible and anything can happen. Yeah, SEC is really giving them a hard push on their launch but this is only a beginning but I think they will still launches no matter what happened.


Title: Re: Where is Facebook coin going
Post by: cahbagus555 on October 19, 2019, 06:22:33 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

Although many of their partners have left the Libra project, I think Facebook will continue the project because it looks profitable. The problem with the Libra project is the regulation because Facebook is domiciled in the United States, which makes it necessary for them to comply with American regulations that are notoriously strict when it comes to cryptocurrency publishing.


Title: Re: Where is Facebook coin going
Post by: Lexurdania on October 19, 2019, 08:23:33 AM
Base on government then this can't run if you ask now but there always a hope by Libra Coin like if they pass all the regulators want on it

Still better to not think of this because of the team behind this like many really can't handle this like if they really good then no question at all like they can provide all regulators want so they can launch or run already here in crypto

Indeed, the fate of Libra now depends on the government as a regulator. If it is considered violating regulations, I think Facebook will fix it and maybe in the future some time, news about Libra will reappear


Title: Re: Where is Facebook coin going
Post by: Patrix_1 on October 24, 2019, 06:20:04 PM
Nowhere at the moment, because I have the feeling that they are still not sure if they would continue to work for Libra or not. Zuckerberg sounds like if there would be more problems with regulations Facebook will give up completely.


Title: Re: Where is Facebook coin going
Post by: alyssa85 on October 24, 2019, 08:54:37 PM
i know libra is going to be big, i am so positive about it but waiting for so long before lauching the coin is my concern. but i know all the delay is to give the best, so it wont end up OVERHYPED

I don't know why you are positive about it.

One thing that came out of his grilling by Congressmen:

https://techcrunch.com/2019/10/23/zuckerberg-testimony/

Quote
He wouldn’t commit to blocking anonymous wallets but he’s open to baking more anti-money laundering into Libra’s network

Congress is worried that as he knows so much about Facebook users, and refuses to allow the wallets to be anonymous, he'll use both sets of info (info about the users and about what is in their wallets) to bad purposes.

And they're right. Centralised coins are bad enough - but putting all that data in Facebook's hands is asking for trouble.


Title: Re: Where is Facebook coin going
Post by: jossiel on October 25, 2019, 11:23:40 PM
Mark Zuckerberg already stated that he's willing to leave the project in some conditions. I think that no matter what they are facing right now, they have to follow what's on their roadmap and what they've started.

I've seen some comments that said that this is going to be a big project. Yeah, no doubt that it is but that can be just their beginning and after the hype, they will be gone in the wind and start to drop in volume/sales and people will no longer talk about them unless they create something for people to talk about.


Title: Re: Where is Facebook coin going
Post by: alexsandria on October 26, 2019, 01:50:56 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

I have recently read that facebook chief executive Mark Zuckerberg already quit in this project, I don't know if it is a fake news or what but it seems Libra won't be going far away like bitcoin or the other coin even though the company behind Libra was sufficient to fulfill all of it needs. I recently read that it may come soon in 2020 however, Mark Zuckerberg would deploy it depending if it is fully regulated by United States regulatory there are still a 50/50 percent of chance of being successful.


Title: Re: Where is Facebook coin going
Post by: fortunecrypto on October 26, 2019, 02:24:06 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

It is going where it wants to go I have watched Mark appearance on the congress and he tries to rally and shill his project he is making an example of China preparation to create something on their own, and he wants Facebook's Libra coin to hamper this, I believe Libra coin will find it's way to the market.


Title: Re: Where is Facebook coin going
Post by: nomenclatur on October 26, 2019, 02:35:22 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?
I just read about the development of libra coin I read bad news about the project libra larger investors abandon their projects trusted libra which will replace the dominance of this bitcoin. Mark Zuckerberg will still be launched in 2020 mark Zuckerberg project still optimistic Libra will be the currency that can be used worldwide with easy to payments.


Title: Re: Where is Facebook coin going
Post by: X-ray on October 26, 2019, 06:07:26 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?
I just read about the development of libra coin I read bad news about the project libra larger investors abandon their projects trusted libra which will replace the dominance of this bitcoin. Mark Zuckerberg will still be launched in 2020 mark Zuckerberg project still optimistic Libra will be the currency that can be used worldwide with easy to payments.
However it seems that he's showing sign of giving up though I mean if it didn't pass the regulation and law what else he can do anyway? in this time you need to obey such regulation you don't want to have problem going after you and this libra seems to be trapped, they really want to release it and hope it will have some kind of impact in the future while the government are afraid of this thing and does any means to stop the release of Libra into public. it's matter of time whether libra will be released anyway. there's no need to worry.


Title: Re: Where is Facebook coin going
Post by: coinfinger on October 30, 2019, 04:35:19 AM

libra is not going anywhere. there is just so much resistance to it not just from EU countries but the US senate itself. there is nothing to expect anymore about it.
right now, there is nothing to look forward anymore, BAKKT has been launched, ETF failed, libra failed and i guess the only to look forward in crypto is the halving. hypothetically this is just the part where we can presume the price can be pushed upwards.
With this resistance, they can only stop Facebook from becoming a global coin which I still don’t know if that is really the intention off Facebook because they have not really made their intention clear to the public, we only know that they are releasing a coin for which main purpose that we are yet to know.

Libra coin may actually succeed as against what many people/think, the fight of government against them will not make them close the project, and they will simply just change the concept of the project to what it ought to have been initially, which I think it was meant to serve as Facebook platform payment coin. The year for the release of their coin is almost here and with time, we will really find out what its effect will be.


Title: Re: Where is Facebook coin going
Post by: mirakal on October 30, 2019, 04:39:41 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?
We don't know yet if Libra's team will be able to push through the project, but I am optimistic they'll be able to comply the regulatory requirements so they can launch by next year which was the scheduled year. Bad news is normal but the real stance of the project, only the team knows.


Title: Re: Where is Facebook coin going
Post by: Winderer on October 30, 2019, 06:16:14 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?
We don't know yet if Libra's team will be able to push through the project, but I am optimistic they'll be able to comply the regulatory requirements so they can launch by next year which was the scheduled year. Bad news is normal but the real stance of the project, only the team knows.

They have a lot of time because no one big company is starting something similar. All are worried. Maybe Google... but no news about it.


Title: Re: Where is Facebook coin going
Post by: meliodas on October 30, 2019, 07:06:13 AM
Facebook's cryptocurrency stable coin will go nowhere. They will shutdown their Libra cryptocurrency project because the government are against to it because it is unnecessary for the people around the world to use another digital currency because there is paypal and other mode of payment that they could use for their online transactions.


Title: Re: Where is Facebook coin going
Post by: cutesgirl on October 30, 2019, 07:10:04 AM


I have been telling my friends that soon Libra is going into the limbo floating somewhere in between hell and purgatory of regulatory universe. With many of the members of the Libra Association starting to disassociate themselves from this very controversial project, all the backers can be gone sooner than Mark Zuckerberg can get to the comfort room. Libra is destined to be strangled principally because this is another project of Facebook which is now known as not a good repository of data and is careless with the privacy of its users. I am suggesting to Mark to redo and change everything on Libra and even change its name...plus get new people to handle the whole project away from him and Facebook.
Libra or Facebook coin is waiting regulation from united state government want to allow or not using Libra coin release to public, so far Libra coin still waiting when their coin available for legal transaction and can publish soon for investor to buy Libra coin, so far many respond support and again Libra become coin and listing to the public, many opinion are agree and disagree with Libra coin.


Title: Re: Where is Facebook coin going
Post by: Alhamza24 on October 30, 2019, 07:43:19 AM
Much unhealthy news (https://www.coincurb.com/news/libra-says-the-regulatory-concerns-are-fading-away-but-are-they/) are speculating related to libra. I think libra have to face tough competition. 


Title: Re: Where is Facebook coin going
Post by: X-ray on October 30, 2019, 08:45:38 AM
If the bad news is still there in the crypto world, let alone the big project about the Libra coin has Facebook, the business world is always there is competition. But I remain optimistic Facebook will be a clear project in digital currency.
After what happened, where many large companies left the Libra project, they revoked their support, so I became pessimistic that the Libra project could succeed. We will see in early 2020 whether the Libra project continues or stops halfway.
Well the Facebook could do nothing about it. imagine put yourself in a position against the government it's like they are trying to dig their own grave if they proceed to confront the regulation.
Mark zuckerberg to back off if the government refuses to give permit is definitely the wisest decision he could do. Creating libra will offer an uncertain profit and it will take a lot of hardwork anyways. The backing off done by the major investors also does make sense they won't throw their money for unreasonable causes.


Title: Re: Where is Facebook coin going
Post by: ðºÞæ on October 30, 2019, 08:47:17 AM
Every single private company trying to create money has been shut down in the past,  something is astray if all of a sudden it changes!


Title: Re: Where is Facebook coin going
Post by: Wysi on October 30, 2019, 09:36:40 AM
If the bad news is still there in the crypto world, let alone the big project about the Libra coin has Facebook, the business world is always there is competition. But I remain optimistic Facebook will be a clear project in digital currency.
After what happened, where many large companies left the Libra project, they revoked their support, so I became pessimistic that the Libra project could succeed. We will see in early 2020 whether the Libra project continues or stops halfway.
Well the Facebook could do nothing about it. imagine put yourself in a position against the government it's like they are trying to dig their own grave if they proceed to confront the regulation.
Mark zuckerberg to back off if the government refuses to give permit is definitely the wisest decision he could do. Creating libra will offer an uncertain profit and it will take a lot of hardwork anyways. The backing off done by the major investors also does make sense they won't throw their money for unreasonable causes.

This would be the wise move as nobody wants to stand against their government and even if they go against the government and create libra then there will be a lot of consequences and hurdle on the way from regulators and the reason why government is a opposing this is for the fact this that of Facebook enters crypto domain then other corporates will follow them and people will easily invest in those renowned brand and give preference to them which will definitely affect local fiat.


Title: Re: Where is Facebook coin going
Post by: Aabcde on October 30, 2019, 09:42:52 AM
I think Libra will still be run by Perez, but not in the near future. Because of regulatory issues related to the US government. France and Germany also still do not approve of Libra and plan to block it in Europe.
It is feared that Libra can replace the existing financial system. Because active Facebook users reach more than 2 billion. Imagine how quickly Libra will be adopted. If it has been adopted, Libra could have the power to get rid of the existing financial system because people are already comfortable using Libra later.


Title: Re: Where is Facebook coin going
Post by: malikusama on October 30, 2019, 11:40:28 AM
Crypto community didn’t appreciated Libra from the very first day. Not only libra but all stable coins will not going to get applause from the crypto community. Stable coins may have future but they will not be able to compete with the pioneer of cryptocurrencies.


Title: Re: Where is Facebook coin going
Post by: kanayaTabitha on October 30, 2019, 12:00:10 PM
Crypto community didn’t appreciated Libra from the very first day. Not only libra but all stable coins will not going to get applause from the crypto community. Stable coins may have future but they will not be able to compete with the pioneer of cryptocurrencies.

Facebook always had bad news for crypto since years ago. There was many news out there that facebook will ban cryptocurrency ads and other bad news happened in the past.
Also rumour said mark the facebook CEO is not supporting cryptocurrency, this statement came from a year or 2 years ago.
I think people are not interested anymore with facebook after what they've done, so people won't support the coin


Title: Re: Where is Facebook coin going
Post by: Suslived on October 30, 2019, 01:04:56 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

Thats naturally what is expected if you have something so revolutionary that it threatens the government so much. The government is scared that the implementation of this coin will reduce their hold on society, people will realise that the government has been brainwashing them for all these years and finally they will see how wonderful society could be if it only it was free from the burden of bureaucracy and tax.

Fight for freedom, fight for crypto!


Title: Re: Where is Facebook coin going
Post by: asus09 on October 30, 2019, 01:19:04 PM


I have been telling my friends that soon Libra is going into the limbo floating somewhere in between hell and purgatory of regulatory universe. With many of the members of the Libra Association starting to disassociate themselves from this very controversial project, all the backers can be gone sooner than Mark Zuckerberg can get to the comfort room. Libra is destined to be strangled principally because this is another project of Facebook which is now known as not a good repository of data and is careless with the privacy of its users. I am suggesting to Mark to redo and change everything on Libra and even change its name...plus get new people to handle the whole project away from him and Facebook.
Facebook coin still running on the same place and they look not serious for building their community and have good working, they still not serious for develop of facebook coin for the future will way they want to earn, will give opportunity for investor to buy facebook coin or not, until today not have conclusion with facebook coin when list to public and have big announce when sell or open their schedule.


Title: Re: Where is Facebook coin going
Post by: Clement Kaliyar on October 30, 2019, 01:36:11 PM
I think people will still keep talking about Libra but the knowledgable crypto community won't accept or buy it any time soon due to controversies around its trust and centralization. Facebook is still having a hard time struggling with laws and regulations against Libra. Yet it's still unpredictable to say it would be a success or not.
Even if majority of the community will not accept the centralized currency by Libra there will be people who will be willing to accept it since it is a stable currency and majority of them will trust the stable currency of Libra rather than the rest of the stable coins we have right now but before all these dreams and speculations how the regulators will allow them is the biggest task.


Title: Re: Where is Facebook coin going
Post by: binhvo1505 on October 30, 2019, 01:44:59 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?
Libra is really having difficulty submitting ideas about their projects. The US government is making it difficult to start up Libra and I think this project will be established very slowly than expected, and probably will not be established.
There is a lot of bad news about this and if the US government continues to make it difficult, I think Libra will have to be closed soon though it hasn't been established yet.


Title: Re: Where is Facebook coin going
Post by: smyslov on October 30, 2019, 01:57:24 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

Right now their rallying point is China's plan to launch their own Coin, so congress are going to review two things and these are, Facebook compliance to government regulation and China's impact in the e-commerce if they see that Facebook coin can neutralize China's intention to become a super power in e-commerce then Facebook had a good chance.


Title: Re: Where is Facebook coin going
Post by: X-ray on October 30, 2019, 02:13:04 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

Right now their rallying point is China's plan to launch their own Coin, so congress are going to review two things and these are, Facebook compliance to government regulation and China's impact in the e-commerce if they see that Facebook coin can neutralize China's intention to become a super power in e-commerce then Facebook had a good chance.
Even though that does make sense that Facebook's Libra could be there to balances out the possibly China's dominance in the crypto market but doesn't hinder the fact that Libra is still owned by a private company and the US government is not pleased with that.
If China is really pushing into releasing their own cryptocurrency then it seems the US government will balances that by releasing it themselves or making yet another technology that could surpass blockchain although I can't see that happening as of now.


Title: Re: Where is Facebook coin going
Post by: yangongear on October 30, 2019, 02:25:11 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?
I think sooner or later, It will be passed, when they met all regulations from US government. As David Marcus said, and the recent news from president Xi of China, if the United States does not allow Libra to operate, they will lose the chance to China companies. And I think absolutely it'll not happen.


Title: Re: Where is Facebook coin going
Post by: desticy on October 30, 2019, 03:35:37 PM
It does not seem that Libra claimed the name "cryptocurrency of the year", because it can only be called cryptocurrency conditionally.

Rather, Libra wants to take a place that rightfully belongs to the digital dollar, they understand this in Congress and that is why he is so pressured on Zuckerberg and will be pressed until the Libra project is closed, or until it is reformatted under the auspices of the Federal Reserve System.

But on the other hand, nothing prevents the Fed from releasing its digital version of the dollar itself, saying goodbye to Zuckerberg.


Title: Re: Where is Facebook coin going
Post by: adjed on October 30, 2019, 11:09:05 PM
The government is pushing hard against the Libra token and I think it's because if that project is successful, it would put too much power in the hands of someone who has proven not to be reliable in the past where money and information is concerned, who remembered when Zuckerberg was fighting hard against crypto? Suddenly he has seen the earning potential and wants to milk it for all it's worth, I sincerely hope it doesn't come to fruition.


Title: Re: Where is Facebook coin going
Post by: xiboothrezi on October 30, 2019, 11:12:51 PM
Many negative speculations arise because Libra is a little out of the way that has been common. With the controversy that followed, many supporters left the association, however, there are still many strong companies that support it. Libra focuses on mass adoption which is controlled by the Libra Association. With the big-name Facebook that has a large community, Libra is expected to bring cryptocurrency closer to the general public with real functions. I think this will have a positive impact on the development of cryptocurrency.


Title: Re: Where is Facebook coin going
Post by: Zemomtum on October 30, 2019, 11:33:31 PM
Libra will still eventually launched. It might be late in the year 2020 although major institutional companies have already backed out Facebook have enough demography to survive in any situation.


Title: Re: Where is Facebook coin going
Post by: Burogh on October 31, 2019, 01:17:39 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

After the Chinese government issued regulations regarding blockchain and cryptocurrency, I think the regulations that inhibit Libra coin will be overcome. The American government certainly does not want China to step forward compared to them and it is possible this will affect the issuance of permits from regulators for Libra Coin


Title: Re: Where is Facebook coin going
Post by: pixie85 on October 31, 2019, 01:33:52 AM
The government is pushing hard against the Libra token and I think it's because if that project is successful, it would put too much power in the hands of someone who has proven not to be reliable in the past where money and information is concerned, who remembered when Zuckerberg was fighting hard against crypto? Suddenly he has seen the earning potential and wants to milk it for all it's worth, I sincerely hope it doesn't come to fruition.

And maybe it would start a global trend to accept cryptocurrencies on a wider scale because Facebook would not be afraid to put serious money into advertising campaigns. This is something Bitcoin is not doing because it's decentralized but maybe this is the way to full acceptance. Centralized fiat money turning into centralized cryptocurrency and finally into decentralized cryptocurrency.


Title: Re: Where is Facebook coin going
Post by: cryptothreads on October 31, 2019, 01:44:44 AM
Libra will still eventually launched. It might be late in the year 2020 although major institutional companies have already backed out Facebook have enough demography to survive in any situation.
It might still be launched but i think it will only live for a short time. The governments have been very skeptical about this libra coin even before it will be launched. Facebook users may give its full support to libra coin but it would not be enough to make it stay in the long run. It will still die after a couple of months and won't ever compete with the qualities of bitcoin.
According to the latest information, the US government is banning this project from existence and Facebook will certainly have a lot of legal problems if this coin launches. For now, Libra needs a safer solution because without the support of the US, the coin will be very difficult to compete in this market. I think there is no solution to this problem and certainly Libra will be delayed for a long time so don't expect too much.

Maybe everyone wants this project to be launched earlier to make the market more developed but in my opinion this project should not appear because the crypto market does not need these coins.


Title: Re: Where is Facebook coin going
Post by: antsam on October 31, 2019, 01:57:12 AM
Regulations and the authorities who pressured Facebook because of concerns that have been revealed are a barrier at the moment. But seeing the parties and companies that stand behind Libra who support this project, I am sure Libra will be published


Title: Re: Where is Facebook coin going
Post by: m0Ray on October 31, 2019, 03:13:55 PM
Americans will not approve a private project. It is much more likely that they, like China, will create their own national cryptocurrency. State financial sector or who will not give into the wrong hands. Libra is 99% likely not to be implemented. As Pavel Durov already returns investments to the investors.


Title: Re: Where is Facebook coin going
Post by: ATSgrowth on October 31, 2019, 03:19:01 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?
You can be sure that we will not see Libra soon, thanks to very strict regulations it could take many years to launch the platform, but still chances are low. Banks and goverments will protect themselves against big corporations that want create new money.


Title: Re: Where is Facebook coin going
Post by: matchi2011 on October 31, 2019, 03:31:53 PM
The government is pushing hard against the Libra token and I think it's because if that project is successful, it would put too much power in the hands of someone who has proven not to be reliable in the past where money and information is concerned, who remembered when Zuckerberg was fighting hard against crypto? Suddenly he has seen the earning potential and wants to milk it for all it's worth, I sincerely hope it doesn't come to fruition.
I used to remember how the twins who originally partners of Mark who created Facebook earned millions of dollars after investing to Bitcoin. Not sure if there's relevance to how Mark changed paces about crypto currency and start working with his own version of blockchain made centralized crypto coin. Anyway, it will take some time for this project to generate as legal matters still in question.


Title: Re: Where is Facebook coin going
Post by: tabas on October 31, 2019, 04:23:57 PM
Regulations and the authorities who pressured Facebook because of concerns that have been revealed are a barrier at the moment. But seeing the parties and companies that stand behind Libra who support this project, I am sure Libra will be published
Can be published but the real challenge to them is on how long they will maintain themselves on the track? It might be a good looking project for those who aren't really into crypto and doesn't understand the fundamentals of this project but for us who understands it, there will be no point in it.
It can be hype once it launches but what's next after that?


Title: Re: Where is Facebook coin going
Post by: cvasy on October 31, 2019, 04:25:07 PM
Regulations and the authorities who pressured Facebook because of concerns that have been revealed are a barrier at the moment. But seeing the parties and companies that stand behind Libra who support this project, I am sure Libra will be published
Recent news mentions that if PayPal has officially resigned from the Libra project, of course this will put considerable pressure on Facebook, because within a few months a number of large companies have resigned as Libra project partners, I Personally  might disagree with you, because I am sure this Libra project will not be published because of the pressure from various parties who do not support at all about the Libra project, because indeed the purpose of Libra wants to change the current world financial system by making Libra a competitor of the official currencies of the countries in the world today.


Title: Re: Where is Facebook coin going
Post by: bgaf on November 01, 2019, 02:09:15 AM
I think many will still disconnect from Libra project. At first there are dozen of project associated with them but one by one leaving their side. You can see how a firm will be affected on how they been behaving. I'm not sure where Libra going, but all the timeline stipulated is 2020. Let's just wait. Luckily China can easily pierce their way in easily. Congress and SEC really hold a grudge about Facebook and Libra.


Title: Re: Where is Facebook coin going
Post by: Coroline on November 01, 2019, 03:45:59 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

Libra's simple answer made by Facebook, we know that Facebook has the problem of leaking someone's privacy is a violation and that will make libra untrusted by people, because they can control at will, unlike the case with bitcoin which cannot be controlled by individuals, I think Libra will never rival Bitcoin


Title: Re: Where is Facebook coin going
Post by: SamarasLoch on November 01, 2019, 05:12:49 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

In was watching a press conference and Mark Zuckerberg  was put under immense pressure for his interest in the decentralized payment system. With many big partners dumping Libra, I think Libra has come to a short decline. It will depend on Mark's will to carry on at this point. I don't like the fact that he criticized bitcoin and cryptocurrencies at some point but is calking it the future of payments now. We'll just have to wait and see what happens.


Title: Re: Where is Facebook coin going
Post by: Wintersoldier on November 01, 2019, 05:26:03 AM
It will be regulated, it will not be free, it will not be [type any of important BTC characteristic]. But it will be anyway very good type of money. This is the next big step, if it'll be launched.

Even though it will be regulated, the reputation that the people will handling it isn't worth the trust of the entire world. More of, in privacy issues, we need to consider that providing our overall privacy will put us in danger though in return, we will have a regulated crypto. For me, not much supporters will utilize the libra when it will be launched, except for people who really trust facebook and Mark Zuckerberg, I hope these people should do some research first and be aware of the issues that facebook has.


Title: Re: Where is Facebook coin going
Post by: ðºÞæ on November 01, 2019, 07:04:35 AM
How Facebook Could Adopt Bitcoin (BSV)
https://youtu.be/nj8Yr8ghOn0


Title: Re: Where is Facebook coin going
Post by: Xxmodded on November 01, 2019, 07:11:07 AM
It will be regulated, it will not be free, it will not be [type any of important BTC characteristic]. But it will be anyway very good type of money. This is the next big step, if it'll be launched.

Even though it will be regulated, the reputation that the people will handling it isn't worth the trust of the entire world. More of, in privacy issues, we need to consider that providing our overall privacy will put us in danger though in return, we will have a regulated crypto. For me, not much supporters will utilize the libra when it will be launched, except for people who really trust facebook and Mark Zuckerberg, I hope these people should do some research first and be aware of the issues that facebook has.
Facebook coin still waiting when get permission from united state government to launch Facebook coin, without get allowed from united state government facebook coin never listed to public just become an issues with Facebook coin will be competitor for bitcoin, my opinion small positive respond from investor with Facebook coin make them not release to public until today and never have want to start selling to public.


Title: Re: Where is Facebook coin going
Post by: X-ray on November 01, 2019, 07:15:37 AM
It will be regulated, it will not be free, it will not be [type any of important BTC characteristic]. But it will be anyway very good type of money. This is the next big step, if it'll be launched.

Even though it will be regulated, the reputation that the people will handling it isn't worth the trust of the entire world. More of, in privacy issues, we need to consider that providing our overall privacy will put us in danger though in return, we will have a regulated crypto. For me, not much supporters will utilize the libra when it will be launched, except for people who really trust facebook and Mark Zuckerberg, I hope these people should do some research first and be aware of the issues that facebook has.
Well most of the people in this world already losing their trust against this company anyway. But, there are still some people that just blindly trusting facebook because it is a big company.
I too don't support this Libra that much simply because a private company owning a currency that could possibly disrupt the economy of developing country which is quite fragile, that'd be a huge threat even though those developing county are still silent about this, maybe they will prevent such thing from happening by just prohibiting Libra.


Title: Re: Where is Facebook coin going
Post by: Drai on November 01, 2019, 07:26:14 AM
Facebook coin (Libra) is facing a lot of pressure from the US Government and I know what they are trying to avoid, I would have done the same if I was the US Government and someone like Mark Zuckerberg is trying to create a worldwide payment method that would likely take attention away from the US Dollars, I don't think Libra would be able to surpass the kind of scrutiny it would be out through, only the future would tell though, all we can do is get ait and see how it plays out.


Title: Re: Where is Facebook coin going
Post by: Colt81 on November 01, 2019, 07:52:05 AM
Facebook coin (Libra) is facing a lot of pressure from the US Government and I know what they are trying to avoid, I would have done the same if I was the US Government and someone like Mark Zuckerberg is trying to create a worldwide payment method that would likely take attention away from the US Dollars, I don't think Libra would be able to surpass the kind of scrutiny it would be out through, only the future would tell though, all we can do is get ait and see how it plays out.
I think Facebook is going to be fine because they already set the date on launching Libra coin in the year of 2020. There are really a lot of issues between Facebook and the US government about launching their Libra coin, that is why China will be making the first move on launching their own coin because chinese government is starting to accept blockchain technology.


Title: Re: Where is Facebook coin going
Post by: BRODIN on November 01, 2019, 08:01:10 AM
if a lot of bad news always pops up about libra coins, I think what will happen next there will be many partners or users no longer interested in this coin. from the start I wasn't very interested in this privacy coin, I personally prefer the top coins that are already well established in the 10 cmc market for long-term and short-term investments.


Title: Re: Where is Facebook coin going
Post by: stepwilli on November 05, 2019, 09:39:55 AM
Libra or Facebook coin is waiting regulation from united state government want to allow or not using Libra coin release to public, so far Libra coin still waiting when their coin available for legal transaction and can publish soon for investor to buy Libra coin, so far many respond support and again Libra become coin and listing to the public, many opinion are agree and disagree with Libra coin.
If Libra is really waiting for that regulation, they might have to wait till eternity before they get any approval because it seems that most of the people behind the regulation are really against the project as much as the public is against the project too and I don’t know why Facebook Libra coin really threatens the government that much.

I think it is probably because of the lack of trust they already have in them as regards the Facebook platform privacy policy itself which they have been accused of dishonoring several times, so Facebook may actually not be very much successful with this project as they have even made comments several times of having challenge with the regulators and may not release the project if regulators are against it.


Title: Re: Where is Facebook coin going
Post by: TheClownSong on November 05, 2019, 10:04:59 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

It is difficult to ascertain whether the Libra coin project will continue or not because it is still constrained by regulations. But seeing the seriousness of Facebook in the development of Libra Coin, this coin may still be made because there is great potential in the future. With a large amount of funds, the team from Facebook, I think, is able to find legal loopholes so that they escape from existing regulations


Title: Re: Where is Facebook coin going
Post by: Opekin on November 05, 2019, 10:12:59 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?
Libra coin pushes their coin to enter the market in despite of Sec regulations . Now i am thinking that maybe it is not time for them they need to change some things there to be granted by sec. If libra successfully enter the market we know that facebook is a really big media for it and US dollar might be threatened because people will use libra over traditional money. In the sense of Libra's advantages over paper money and it is a crypto money.


Title: Re: Where is Facebook coin going
Post by: Experia on November 05, 2019, 10:30:33 AM
Facebook coin really want to make a good name in crypto industry there are lots of factors they need to consider specially its legality you can read on this article why libra coin delay on its launch date.

: https://www.google.com/amp/s/www.bbc.com/news/amp/business-50037223


Title: Re: Where is Facebook coin going
Post by: Botnake on November 05, 2019, 10:32:57 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?
It's going to be launch but I am not sure if it will happen as per schedule.
Yes its true that there has been a lot of criticism but if they would comply and follow the recommendation of the regulating bodies, I think they'll be able to have it successfully launch. They have a big vision for this coin, its their representation in the crypto space and they can utilize their platform to help inform the people regarding this project,  right now, the only problem is more on the regulatory, once they pass that, we can expect a launch after that.


Title: Re: Where is Facebook coin going
Post by: Juggy777 on November 05, 2019, 10:41:54 AM
snip
If libra successfully enter the market we know that facebook is a really big media for it and US dollar might be threatened because people will use libra over traditional money. In the sense of Libra's advantages over paper money and it is a crypto money.

@Opekin Libra is facing stiff opposition from the G7 countries who see it as a threat to their national currencies, and Facebook has been notified by G7 that they won’t approve Libra until all their doubts are cleared by the Libra team. It’s pertinent to note that many governments are now in a race with Facebook to create their own stable coins, which puts further pressure on Libra to coexist between bitcoins and government launched stable coins.

Sources:

https://www.bbc.com/news/business-50037223

https://www.cbc.ca/news/business/libra-digital-money-1.5342570


Title: Re: Where is Facebook coin going
Post by: NathanJB on November 05, 2019, 11:05:01 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

Libra is both dead and alive for now. Dead in the eyes of the government. Dead insofar as its estimated initial launching date is concerned. And dead as far as many of its partners are concerned. But for sure it is still alive as far as Mark Zuckerberg is concerned. The man will definitely keep the idea very much alive until the perfect time will come for the project to get out again and be launched. This is most probably just a case of a good project in a bad time for him.


Title: Re: Where is Facebook coin going
Post by: DabsPoorVersion on November 05, 2019, 11:16:47 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

Libra is both dead and alive for now. Dead in the eyes of the government. Dead insofar as its estimated initial launching date is concerned. And dead as far as many of its partners are concerned. But for sure it is still alive as far as Mark Zuckerberg is concerned. The man will definitely keep the idea very much alive until the perfect time will come for the project to get out again and be launched. This is most probably just a case of a good project in a bad time for him.
There is no consideration for Libra to be dead, Mark Zuckerberg is doing everything at his best to have a successful launch.
The project itself is facing a lot of struggle for the past few weeks up until now, however, Mark Zuckerberg is not losing his hope, he still continues to pursue what he believes that this Libra project will make a name in the near future.
It is alive, as long as Mark Zuckerberg will continue to move forward and never stop the project.


Title: Re: Where is Facebook coin going
Post by: ðºÞæ on November 05, 2019, 12:50:33 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

, Mark Zuckerberg is doing everything at his best to have a successful launch.
..................

To successfully scam
https://bitcointalk.org/index.php?topic=5155083.msg52566110#msg52566110


Title: Re: Where is Facebook coin going
Post by: karanggatak on November 05, 2019, 01:21:33 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

in my opinion this libra coin will not be released in 2020. or it will be a failed project because libra continues to be rejected. European countries such as Germany and France have rejected Libra because they are worried Libra can disrupt the sovereignty of their country's currency. then most of the companies that support libra also began to break away like paypal, visa and mastercard. and finally libra has not received permission from members of the United States Congress. so I thought this Libra coin would die before its release.


Title: Re: Where is Facebook coin going
Post by: binhvo1505 on November 05, 2019, 01:29:25 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?
Libra really won't be able to go to work. I can predict it because the US government is very strict about manipulating and evading taxes. Economic crimes are often severely punished and that is why they are always limited and charged against a large project like Libra that is not controlled by the government.


Title: Re: Where is Facebook coin going
Post by: Darooghe on November 05, 2019, 01:30:14 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?
I am quite skeptical for the whole idea, because I don't know if indeed the world needs Facebook-dominated bank. Libra is not a realization of startup's concept but comes as a fruit from having a base of more then 2 billion users and customers. Where is a monopoly there are no competition and an innovation.

However, we're seeing massive amount of enthusiasm from non-blockchain developers at Libra meetups. The Facebook ecosystem, which includes Messenger and Whatsapp, has over 2 billion users. It's a huge ecosystem, larger than anything in the crypto space. the fight against Libra is like the war on drugs. It’s a losing battle. Libra is probably the marijuana of cryptocurrencies, we’ll see most people use it and some of them move onto harder privacy-focused like Monero, or more enlightening ones like Ethereum or the Basic Attention.



Title: Re: Where is Facebook coin going
Post by: bryant.coleman on November 05, 2019, 01:44:38 PM
in my opinion this libra coin will not be released in 2020. or it will be a failed project because libra continues to be rejected. European countries such as Germany and France have rejected Libra because they are worried Libra can disrupt the sovereignty of their country's currency. then most of the companies that support libra also began to break away like paypal, visa and mastercard. and finally libra has not received permission from members of the United States Congress. so I thought this Libra coin would die before its release.

It is not surprising because these nations have their own fiat currency (Euro). Libra is a digital version of the United States Dollar and if people start using that currency then the national currency will lose its value. Why should the other countries allow the US Dollar to be used in their territory (in the form of Libra), when the US does not allow the usage of any other fiat currency within the American borders?

If Libra wants to operate in these nations, then it should come up with the versions that are denominated in the respective national currencies. For example, within the European Union, the Libra should be backed up with assets denominated in the Euro. In short, rather than a digital version of USD everywhere, in each country, it should be the digital version of the respective national currency.


Title: Re: Where is Facebook coin going
Post by: stephanirain on November 05, 2019, 02:57:39 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

We all know that cryptos are not meant to be regulated in the way that it is being suppressed too much. Bitcoin itself was created because there is too much regulation and manipulation by centralized system. People uses cryptos to make easier transactions. And if the people are not comfortable with the nature of Libra, very few will supoort it. The integration itself is a good idea, but the implementation sounds off to many people.


Title: Re: Where is Facebook coin going
Post by: nxnqauff on November 05, 2019, 03:01:00 PM
Too much bad news for Libra is kind of good for that coin. It will be very much successful if they launch ontime and stick to the promises. No doubt about it. backbone is a very big organization called Facebook. What else you can expect?


Title: Re: Where is Facebook coin going
Post by: BonfireBob on November 05, 2019, 03:03:34 PM
But it still has a lot of potential


Title: Re: Where is Facebook coin going
Post by: Mahanton on November 05, 2019, 03:09:39 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

We all know that cryptos are not meant to be regulated in the way that it is being suppressed too much. Bitcoin itself was created because there is too much regulation and manipulation by centralized system. People uses cryptos to make easier transactions. And if the people are not comfortable with the nature of Libra, very few will supoort it. The integration itself is a good idea, but the implementation sounds off to many people.
No it wont sounds off to many people if we do just simply consider on how many people been using up Facebook entirely then recognition of Libra would be immense and
this might be the main reason why government already block it out because they do know the potential or things might happened if this would able to push through.
One reason is that it will open peoples eyes towards cryptocurrency even Libra is a highly centralized one but people curiosity would lead them to its origin.


Title: Re: Where is Facebook coin going
Post by: Pinkris128 on November 05, 2019, 04:52:39 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

It is unfortunate that their idea are getting negative response. We do want some form of regulation but we also do not want KYC because of trust issues. It is very difficult to find the fine line between the two and to balance them, there must be a concrete process and must be explained thoroughly. It is nice to see other industries adopt crypto and block chain itself but how they use it, will determine the development of digital money in the society.


Title: Re: Where is Facebook coin going
Post by: antsam on November 06, 2019, 01:53:07 AM
Regulations and the authorities who pressured Facebook because of concerns that have been revealed are a barrier at the moment. But seeing the parties and companies that stand behind Libra who support this project, I am sure Libra will be published
Can be published but the real challenge to them is on how long they will maintain themselves on the track? It might be a good looking project for those who aren't really into crypto and doesn't understand the fundamentals of this project but for us who understands it, there will be no point in it.
It can be hype once it launches but what's next after that?


I do not agree if this is said to be just hype, because in my opinion Libra will be a milestone for crypto to go further, which will be increasingly accepted. How will it become hype, because of the support of large and overflowing companies like Facebook?

Recent news mentions that if PayPal has officially resigned from the Libra project, of course this will put considerable pressure on Facebook, because within a few months a number of large companies have resigned as Libra project partners, I Personally  might disagree with you, because I am sure this Libra project will not be published because of the pressure from various parties who do not support at all about the Libra project, because indeed the purpose of Libra wants to change the current world financial system by making Libra a competitor of the official currencies of the countries in the world today.

Strong pressure to keep the Libra project from continuing is indeed very big, but seeing the initial preparation of the Libra project and the survival of several large companies and their parent supporters Facebook still persists, I am optimistic that it will continue. Let's wait for the news


Title: Re: Where is Facebook coin going
Post by: Oneandpure on November 06, 2019, 03:27:20 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

We all know that cryptos are not meant to be regulated in the way that it is being suppressed too much. Bitcoin itself was created because there is too much regulation and manipulation by centralized system. People uses cryptos to make easier transactions. And if the people are not comfortable with the nature of Libra, very few will supoort it. The integration itself is a good idea, but the implementation sounds off to many people.
No it wont sounds off to many people if we do just simply consider on how many people been using up Facebook entirely then recognition of Libra would be immense and
this might be the main reason why government already block it out because they do know the potential or things might happened if this would able to push through.
One reason is that it will open peoples eyes towards cryptocurrency even Libra is a highly centralized one but people curiosity would lead them to its origin.
Still do not know when Facebook coin going on for investor, many investor waiting more than three months to invest with Facebook coin and ready their money to buy Facebook coin, but still not going on with Facebook coin selling to investor with not get permission from United State government, they will get access first from US before launching Facebook coin to investors.


Title: Re: Where is Facebook coin going
Post by: andriarto on November 06, 2019, 03:41:43 AM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

It is unfortunate that their idea are getting negative response. We do want some form of regulation but we also do not want KYC because of trust issues. It is very difficult to find the fine line between the two and to balance them, there must be a concrete process and must be explained thoroughly. It is nice to see other industries adopt crypto and block chain itself but how they use it, will determine the development of digital money in the society.
might be able to solve it if the government provides security guarantees. but the problem is that the government is sometimes difficult to move to a decentralized system, because of course they cannot control it. but I think libra will find it easier to promote the coins and reach their goals more easily





Title: Re: Where is Facebook coin going
Post by: Kevondo on November 06, 2019, 08:10:07 PM
Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

We all know that cryptos are not meant to be regulated in the way that it is being suppressed too much. Bitcoin itself was created because there is too much regulation and manipulation by centralized system. People uses cryptos to make easier transactions. And if the people are not comfortable with the nature of Libra, very few will supoort it. The integration itself is a good idea, but the implementation sounds off to many people.
No it wont sounds off to many people if we do just simply consider on how many people been using up Facebook entirely then recognition of Libra would be immense and
this might be the main reason why government already block it out because they do know the potential or things might happened if this would able to push through.
One reason is that it will open peoples eyes towards cryptocurrency even Libra is a highly centralized one but people curiosity would lead them to its origin.
No doubt Facebook has a huge rather the biggest number of users among social websites and a new creation from such a giant will spread the concept of digital currencies in world like fire spreads in the wild. However, investing in Libra is not a safe game for sure. I do not really know the plans but Mark will indeed get information of our assets as well. Government is playing this game so that ultimately we will go for Libra.