Pab (OP)
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March 01, 2019, 12:06:10 PM |
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It looks like that soon will be possible to buy FB coin on popular exchanges FB want to launch his crypto in first half of 2019 According to reports from Bloomberg and later The New York Times, Facebook is building a digital payments system for WhatsApp, its end-to-end encrypted messaging app. It would let users send and receive cash without having to pay feesThe New York Times' report on Thursday provides a tentative timeline for when it could finally launch: The paper's sources say Facebook is aiming to launch something in the first half of 2019. The company has also reportedly talked to cryptocurrency exchanges, platforms where users can buy and sell digital currencies, about supporting Facebook's product.I think it will be best way to promote crypto currencies For many people with zero knowledge cryptocurrency is kind of fraud or even criminal Now thanks FB coin they will most likely to learn what crypto currencies really is And we will have yet another stable coin that time with use cases https://www.businessinsider.com/facebook-cryptocurrency-whatsapp-reports-rumors-2019-2?r=US&IR=T
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Beerwizzard
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March 01, 2019, 12:27:14 PM |
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IMHO this will remain only as a payment system, not a cryptocurrency. Even if they issued a stablecoin then it will hardly increase the demand in other cryptos. It seems like facebook is going to make something like WeChat pay that is used everywhere in China.
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CryptoBry
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March 01, 2019, 12:55:41 PM |
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IMHO this will remain only as a payment system, not a cryptocurrency. Even if they issued a stablecoin then it will hardly increase the demand in other cryptos. It seems like Facebook is going to make something like WeChat pay that is used everywhere in China.
I agree it can more like this so we could never expect speculative forces to be kneeling on the altar of Facebook. I am sure that this can be primarily be boosting the Facebook ecosystem as the coin can heavily be utilized in doing business with the many platforms already established by the Facebook conglomerate. This is proving once and for all that soon we can be witnessing more and more big named firms to be part of this movement and the way things are they can be benefited more with this trend as they have more resources to put anything they want and to make sure that there will be option of the things they offer.
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Furious 7
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March 01, 2019, 01:07:54 PM |
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I can't wait for the official announcement from Facebook. I think this will be great news for crypto and everyone will be increasingly interested in investing. This will be a great coin, I know in my country everyone uses facebook and wathsap.
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dothebeats
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March 01, 2019, 01:21:01 PM |
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More of like a payment system that can be used within their different platforms. FB credits and money has been around for quite some time now, and it seems that they only want some interconnectedness between different platforms that they have, in terms of payment system that is. This wouldn't hit the exchanges IMO, as this will be exclusively used on their platforms. If it would then be released for public speculation, imagine the hype it might generate on its first deployment.
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mk4
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March 01, 2019, 02:23:28 PM |
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I can't wait for the official announcement from Facebook. I think this will be great news for crypto and everyone will be increasingly interested in investing.
Same. This is pretty much the only good thing I could see about it that could positively affect the cryptocurrency space. It just sort of gives cryptocurrencies more sort of "legitimacy". If this gains enough media attention, hopefully people would be like among the lines of: "I thought cryptocurrencies were scams like X said? But why does Facebook have one? Must be legit".
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Jating
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March 01, 2019, 03:01:52 PM |
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As far as I can remember, yes Facebook has build a 'blockchain expert' team but I thought it was to explore blockchain's technology security feature, I never thought that they will go tinkering having their own crypto for that matter.
Anyhow, this is still positive news for crypto enthusiast all over the world. Facebook, recently though has been battling lots of negativity will have something in their sleeves to remove that one and make the company proud again, so its a win-win for us.
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aioc
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March 01, 2019, 03:43:35 PM |
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That's going to be the most popular coin in the market, let's admit it facebook has everything, they have the money, they can hire top-notch developers, and they will not stop until they succeeded, so do we have a coin that can rival Ethereum and Bitcoin?
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mk4
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March 01, 2019, 03:54:53 PM |
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That's going to be the most popular coin in the market, let's admit it facebook has everything, they have the money, they can hire top-notch developers, and they will not stop until they succeeded, so do we have a coin that can rival Ethereum and Bitcoin?
It's very likely to be a stablecoin as said in the article. What do you mean rival? Stablecoins aren't even in direct competition with bitcoin and ethereum to start with. I'm pretty sure that everyone's aware that these coins are made for different purposes. Quite a weird reply by a "Hero member" to be honest; you should know better.
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Artemis3
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March 01, 2019, 04:03:47 PM |
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It looks like that soon will be possible to buy FB coin on popular exchanges FB want to launch his crypto in first half of 2019
I think it will be best way to promote crypto currencies For many people with zero knowledge cryptocurrency is kind of fraud or even criminal Now thanks FB coin they will most likely to learn what crypto currencies really is And we will have yet another stable coin that time with use cases And this is related to Bitcoin Discussion how again? I think your perfectly valid thread belongs in the Altcoin Discussion, you know, with the rest of the "stable" coins. For me, Facebook releasing their own altcoin after being so hostile to Bitcoin, is meh. Even within altcoins, they'll have a hard time. But good luck to them, everyone is entitled to try, not that everyone will necessarily succeed...
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pawanjain
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March 01, 2019, 05:27:35 PM |
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Why don't you post the link to the site from where you read the news ? A link to the original articles always helps people to understand the given content with higher accuracy. It also acts as a proof of what you are posting. The thing you are saying involves highly reputed company and this cannot be spoken just like that. Besides all of this, your post is a little ambiguous as there is no mention of when the coin will be launched, where will it be initially released etc.. Kindly post the link to the original article so that we can understand the context of the news.
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leonair
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March 01, 2019, 05:51:09 PM |
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That's going to be the most popular coin in the market, let's admit it facebook has everything, they have the money, they can hire top-notch developers, and they will not stop until they succeeded, so do we have a coin that can rival Ethereum and Bitcoin?
Possibly, we all witnessed that Facebook has the buying power to achieve almost everything on the Internet now and they're still wanting for more acquisition of trendy things and Cryptocurrency is not exempted but the truth is they can't buy Bitcoin so they are making their own. No matter what the outcome is, as long as they'll use Blockchain for their new payment technology then it will surely affect the cryptocurrency world because it was all started with Bitcoin.
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Upgrade00
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March 01, 2019, 06:45:52 PM |
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Going from putting a ban on ICO ads to planning your own digital asset launch is surely progress. Buy for Facebook which is finally waking up to rhe potential in the blockchain technology. Facebook are creating their own coin and this would not have so much an impact on all other cryptocurrencies. Bitcoin is the only coin as at now which can influence the entire cryptocurrency market
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demenBTC
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March 01, 2019, 07:47:15 PM |
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That's going to be the most popular coin in the market, let's admit it facebook has everything, they have the money, they can hire top-notch developers, and they will not stop until they succeeded, so do we have a coin that can rival Ethereum and Bitcoin?
It's very likely to be a stablecoin as said in the article. What do you mean rival? Stablecoins aren't even in direct competition with bitcoin and ethereum to start with. I'm pretty sure that everyone's aware that these coins are made for different purposes. Quite a weird reply by a "Hero member" to be honest; you should know better. right, there is no competitor from stblecoin whose price has never affected the value of btc or eth, but this is a great plan for facebook to be the best if they really create coins, facebook is a common media favored by various groups
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Nolimitz84
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March 01, 2019, 07:58:45 PM |
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I heard about this news. This undoubtedly pleases, only until there is an official announcement from Facebook, this news will be just hype.If we assume that this is really true,then I am sure that this cryptocurrency will take at least 3 place in capitalization.
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thankyoulord
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March 01, 2019, 08:08:00 PM |
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if the FB coins comes out, i will deifinitely buy lots of them. I strongly believe that with facebook coming into the crypto face together with JPM coin (JP Morgan), people across the globe will begin to have faith and believe in the blockchain technology using cryptocurrencies. I am patiently waiting for Facebook and JP morgan to launch their coin
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gentlemand
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March 01, 2019, 08:09:58 PM |
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if the FB coins comes out, i will deifinitely buy lots of them. I strongly believe that with facebook coming into the crypto face together with JPM coin (JP Morgan), people across the globe will begin to have faith and believe in the blockchain technology using cryptocurrencies. I am patiently waiting for Facebook and JP morgan to launch their coin
There is no profit to be made. They are dollar tokens, not cryptocurrencies. Feel free to hoard and adore them. They won't make you any money nor will they protect you from being shut down or shut out should the whim of their controllers dictate it.
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tomahawk9
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March 01, 2019, 08:24:20 PM |
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Even within altcoins, they'll have a hard time. But good luck to them, everyone is entitled to try, not that everyone will necessarily succeed...
You're saying that one of the biggest tech companies in the world, a company that has an userbase of +2 billion people, is going to have a hard time launching their cryptocurrency? Keep dreaming, success is pretty much guaranteed for this coin even before launch, and honestly, the entire altcoin market can only dream about reaching such levels of success and popularity. Why don't you post the link to the site from where you read the news ? A link to the original articles always helps people to understand the given content with higher accuracy. It also acts as a proof of what you are posting. The thing you are saying involves highly reputed company and this cannot be spoken just like that. Besides all of this, your post is a little ambiguous as there is no mention of when the coin will be launched, where will it be initially released etc.. Kindly post the link to the original article so that we can understand the context of the news.
There's literally a link in the first post, it's right there!...wtf are you talking about?
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Oceat
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March 01, 2019, 08:25:48 PM |
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IMHO this will remain only as a payment system, not a cryptocurrency. Even if they issued a stablecoin then it will hardly increase the demand in other cryptos. It seems like facebook is going to make something like WeChat pay that is used everywhere in China.
So then there is no shocking event on this, it's just a dollar and not a cryptocurrency. I was thinking that it could be another shit coin again, but no, I was completely wrong. And now I can clearly see that it is just a payment system for their apps mostly. Facebook probably wanted it since they may be having a hard time to process the payment using a third parties system.
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3996
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pixie85
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March 01, 2019, 08:32:53 PM |
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I think it will be best way to promote crypto currencies For many people with zero knowledge cryptocurrency is kind of fraud or even criminal Now thanks FB coin they will most likely to learn what crypto currencies really is And we will have yet another stable coin that time with use cases
If people see Bitcoin as a scam or money of the criminals they in fact have some knowledge. They had to get this idea from somewhere and didn't do the research. Instead they were pumped full of lies by negative media and they believed it. FB coin isn't progress. It's not a good way to promote cryptocurrencies. I doubt that it's even going to be a cryptocurrency. It's going to be a worthless token that fails and makes it look like all cryptocurrencies are useless and will die just like some shitcoins are dying every month.
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