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wilburwilbur
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Activity: 266
Merit: 33
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May 13, 2018, 12:09:17 PM |
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Oh my oh my seems like a big move made my their CEO mark zuckerbdjsjs I was thinking a moment ago about social media coin and here it is. The success will always depend on the team so let us see if this will continue. FacebookCoin? Nice name lol |
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virendarnagpal
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May 13, 2018, 12:18:10 PM |
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There are so many news coming in about Facebook launching it's own crypto currency. Crypto is reality of modern Times most of the giants are slowly coming in it's fold. It will be a big addition to the market. It may prove big blow to present blue chip coins because it may prove their strong competetor. But it will be a great opportunity for the users because they will get one more crypto having worth and goodwil.
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nerlial
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May 13, 2018, 12:18:46 PM |
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I do not understand why such companies ICO. They have enough money for development. Just to have your own crypto coin and nothing more.
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wantjokull
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May 13, 2018, 12:36:55 PM |
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Thats cool one but the article just says that Facebook is going to explore the potential of blockchain which we always keep reading everywhere all the time. However, the serious thoughts will start coming up when we will see real applications of blockchain made to the Facebook. For now Facebook protocol is based on internet and off course there is no way to move everything into the blockchain protocol so swiftly. It will take billions of dollars to invest into such migration and might be complex one. There exits billions of profiles and (unsecured  ) data over it. So it depends on many things and executive team will need to be that much visionary. Can take lot of time. |
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cryptohunter
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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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May 13, 2018, 12:39:41 PM |
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we don't need more centralised shit coins just adopt bitcoin
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pxo.011
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May 13, 2018, 12:43:52 PM |
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mark is such a brilliant person its not imposible that it will launch their own coin facebook has a really really big potential and popularity it will be big if its happen however we cannot sya that most of facebook user will be interested in some cases some countries ban bitcoin. |
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Xester
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May 13, 2018, 12:52:58 PM |
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That is true that facebook is launching their own cryptocurrency. After their move to ban cryptocurrency related ICO's and advertisements facebook have decided to create their own version of cryptocurrency. But this may take several years before they can really implement it and also do not look for ICO's since there will be no ICOs for this. |
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imyashir
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May 13, 2018, 12:57:16 PM |
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This is a great for facebook to start a build blockchain services. About launching crypto in facebook they didnt have ico release i think the facebook coin is make a real money..
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shalaza
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May 13, 2018, 12:57:23 PM |
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Little wonder they have been acting weird and strange lately, i knew it is just a matter of time before they come out with this, just about everybody wants to have a share in the market. I just hope it doesn't end up shitty.
Goodluck to Facebook.
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clarise123
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May 13, 2018, 12:58:04 PM |
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facebook is a great way to advertise bitcoin because many of today's people often go facebook intagram twitter. We need to share with every facebook in crypto currency.
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GigTricks
WORLD FIRST INTEGRATED FREELANCE & ON-DEMAND ECOSYSTEMS
Whitepaper | Bounty | ANN Thread | www.gigtricks.io
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franky1
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May 13, 2018, 01:10:12 PM |
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facebook is NOT making a crypto currency
facebooks "facebook credit" is not a currency that can be redeemed for cash. its a one way purchase and consume token. meaning that users cannot buy facebook credits to then pass to a friend and the friend cash out.
facebook do not want to get into the industry of competing against western union. and other money transmitter businesses. because the licencing costs of such would raid their advertising profits.
instead facebook want to utilise the blockchain (data security) concepts.
yes they want to utility th data security of their facebook credit. but its not going to be a fiat enter&exit coin for its users. its going to be the same as its facebook credit, but secured on their servrs usin blockchain tech as oppose to standard database security. thus saving them costs on security/auditing and preventing internal malicious actors
there wont be an ICO, wont be an airdrop. wont be a market. it will be done as a retail product. you buy it and use it.
in short. facebook is not treated as a money transmitter business becuse it does not let FBcredit holders sell their coin publicly. facebook have their FBcredit as a retail product. all that will change is facebooks background/security of their data/credit. nothing will change on the users front end/public side
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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Nurul_
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May 13, 2018, 01:11:58 PM |
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if Facebook properly launched the crypto. this is a fresh breeze for the bitcoiners. hopefully the price of crypto will continue and improve. and hopefully there's another fresh breeze coming up .
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stayeduptolate
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May 13, 2018, 01:13:08 PM |
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Yes it seems that Facebook will launch a cryptocurrency and i also read a similar news yesterday and it is currently not known whether they would do an initial coin offering or just sell their coins to people in a fixed price, or maybe they can also reward their coins for certain tasks and achievements in facebook games. There can be many uses for the Facebook cryptocurrency but lets see how this goes in future and whether or not there would be an ICO. |
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crypto1010
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May 13, 2018, 01:22:14 PM |
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Its funny how quick things can quickly change, a few months ago we were getting news of crypto advertising being banned on these platforms now today these guys want to step in the deeper waters  Would be surprised if twitter was next.... But should they proceed with launching this crypto, this has the potential to join the top 100 coins because the platform can take advantage of the number of users it has. |
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ratnawide
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May 13, 2018, 01:23:37 PM |
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I've read news about it that facebook will launch a coin called Facebook Coin (FBC) but the clarity about the plan is not sustainable
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sunno330
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homt.net
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May 13, 2018, 01:28:08 PM |
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I think its not possible. Where facebook banned all crypto related topics/post. And continue deleting cryptocurrency related status/post.
SO, maybe its fake news not real. Its just an article, so we should ignore this.
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Tenderino
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May 13, 2018, 01:29:03 PM |
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If you have such a huge number of users reachable it does indeed make sense to create its own coin. But why do you refer to their traffic in 2008? We need to know the traffic after it turned out that they sold the data of its users? This coin might will become some kind of a spy coin!  |
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zhagedus
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May 13, 2018, 01:32:59 PM |
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I think this a a plus for Facebook if eventually carryout the project and become successful. Remember that Facebook once have what they called Facebook Credit which was abandoned but we pray that this project become successful for us to have a bigger coin in the world of cryptocurrencies like Bitcoin. Kudos to all the team that are working on this lucrative project.
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sri11
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May 13, 2018, 01:36:34 PM |
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how can this happen if this news happens right after facebook prohibits advertisement about cryptocurrency but why facebook want to discharge its own crypto
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