Bitcoin Forum
September 18, 2019, 12:24:33 AM *
News: If you like a topic and you see an orange "bump" link, click it. More info.
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 »  All
  Print  
Author Topic: Barclays: ‘Facebook Coin’ to bring in $19 billion by 2021  (Read 374 times)
Mometaskers
Hero Member
*****
Offline Offline

Activity: 1162
Merit: 554



View Profile
March 15, 2019, 11:15:04 AM
 #21

Well they should be worried that investments might dry up, especially after that scandal. It seems it's just us in 3rd world that are still heavy FB users.

They might persuade some people to buy in just coz of brand name but I don't see anything innovative about it.

<|°_°|>
1568766273
Hero Member
*
Offline Offline

Posts: 1568766273

View Profile Personal Message (Offline)

Ignore
1568766273
Reply with quote  #2

1568766273
Report to moderator
1568766273
Hero Member
*
Offline Offline

Posts: 1568766273

View Profile Personal Message (Offline)

Ignore
1568766273
Reply with quote  #2

1568766273
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Indamuck
Hero Member
*****
Offline Offline

Activity: 1120
Merit: 553



View Profile
March 15, 2019, 12:41:54 PM
 #22

Well they should be worried that investments might dry up, especially after that scandal. It seems it's just us in 3rd world that are still heavy FB users.

They might persuade some people to buy in just coz of brand name but I don't see anything innovative about it.


Facebook is heavily used in all countries if you count every other platform Facebook owns as well.  There for sure isn't anything innovative about it but people will buy it because of the brand.  People love buying digital goods that are everywhere in modern video games so this will be no different.
alisafidel58
Full Member
***
Offline Offline

Activity: 364
Merit: 127



View Profile
March 15, 2019, 02:25:49 PM
 #23

Well they should be worried that investments might dry up, especially after that scandal. It seems it's just us in 3rd world that are still heavy FB users.

Can you backed that up? There are still a lot of FB users among 1st world country.

They might persuade some people to buy in just coz of brand name but I don't see anything innovative about it.

Having the brand name will get the coin a lot of big investors, this is a legit move of FB to gain more money. We all know that if you release a coin its hard to get some investors but with FB`s coin that wont be a problem for them.

shinharu10282016
Full Member
***
Offline Offline

Activity: 700
Merit: 100



View Profile
March 15, 2019, 02:44:23 PM
 #24

Overhyped. Facebook doesn't need to use blockchain for this. They can simply make a centralized database for currency transactions on the platform. It ain't going to be a permissionless network and surely can't have the same properties like Bitcoin.

$19 billion, if that's really happening, then is just a waste of money.

It surely is and it won't ever be the same with Bitcoin at all considering Facebook has kept all the information and is selling it to advertisers for their own. And $19 billion is a big money, but it won't be that impossible since people are into hype and people will always come in with these kinds.

TheCoinGrabber
Sr. Member
****
Offline Offline

Activity: 616
Merit: 275


★777Coin.com★ Fun BTC Casino!


View Profile
March 15, 2019, 02:52:08 PM
 #25

Just riding the blockchain "hype" like many others. All the folks just keep throwing the word "blockchain" to sound hip.

They just wanted more money. Their business don't need a blockchain since it operates well enough on the Big Data style like Google.

n0ne
Hero Member
*****
Offline Offline

Activity: 1232
Merit: 508


Check Polyx Exchange!


View Profile WWW
March 15, 2019, 05:14:34 PM
 #26

Just riding the blockchain "hype" like many others. All the folks just keep throwing the word "blockchain" to sound hip.

They just wanted more money. Their business don't need a blockchain since it operates well enough on the Big Data style like Google.
Facebook is a big network, and as stated already they've got the biggest market on the big data style same as the top corporates holding largest data. When things gets advanced they too tend to go advanced. Blockchain is more efficient than traditional system which might be the reason for the plan of using blockchain. The coin from Facebook will grow big as they've a big user community.

Bitcoin-Turkiye
Sr. Member
****
Offline Offline

Activity: 784
Merit: 270


View Profile
March 15, 2019, 06:26:40 PM
 #27

now i buying facebook stock. but how do we get this facebook coin when?  Frankly, I don't trust Mark Zuckerberg.  how can I trust a person who sells people's data? they will inflate the price of facebookcoin themselves.  The goal is to collect all people's money...

IM LOOKING AISEN A1 NEW PSU MINER AND ANTMINER T9+ S9 MODELS,
IF YOU HAVE A COMPANY? SEND MESSAGE TO ME.
Telegram @BitcoinTurkish
Ucy
Sr. Member
****
Offline Offline

Activity: 980
Merit: 280


★Bitvest.io★ Play Plinko or Invest!


View Profile
March 15, 2019, 08:04:48 PM
 #28

Overhyped. Facebook doesn't need to use blockchain for this. They can simply make a centralized database for currency transactions on the platform. It ain't going to be a permissionless network and surely can't have the same properties like Bitcoin.

$19 billion, if that's really happening, then is just a waste of money.

Maybe they will make it usable outside of Facebook or make it trustless, with a little bit of anonymity or make it tradable on cryptocurrency exchange? Who knows?



BITVEST DICE
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
Horas1976
Jr. Member
*
Offline Offline

Activity: 406
Merit: 1


View Profile
March 16, 2019, 06:29:32 AM
 #29

Facebook follows modern technology by establishing its own coin, Mark Zuckerberg does not want to miss the modern development. We will see the struggle and the results after a few years, the idea is good and does not want to lose so that it was created to be able to adjust to the times.

  Λ  M  M  U  T   |   A LOW-COST HARDWARE PLATFORM
▬▬▬  ● ●   AMMUT.NETWORK   ~
TheCoinGrabber
Sr. Member
****
Offline Offline

Activity: 616
Merit: 275


★777Coin.com★ Fun BTC Casino!


View Profile
March 27, 2019, 10:39:39 AM
 #30

Jumping into the blockchain hype. Facebook's and Google's operations are the exact opposite of a blockchain - centralized massive data centers. If Facebook goes along with this I suspect they'd just do what has always worked for them.

And when facebook goes down...so does your money....or if your account gets closed, your money is gone.

Imagine putting money in it and then your account gets blocked when some mass report you.

pishite
Full Member
***
Offline Offline

Activity: 672
Merit: 114


★Bitvest.io★ Play Plinko or Invest!


View Profile WWW
April 02, 2019, 07:28:46 PM
 #31

A Barclays analyst said that Facebook’s digital coin would provide the social network platform a “lifeline” if investments stop flowing in.

Full article here: https://www.unblock.news/news/barclays-facebook-coin-to-bring-in-19-billion-by-2021

Investments and so they get. Simply, the development of cryptocurrency is going fast. And they are trying to create their own altcoin than not the company's shares, but without affecting its development.

Kemarit
Legendary
*
Offline Offline

Activity: 1386
Merit: 1155


LiveCoin - is a modern stock exchange


View Profile
April 05, 2019, 03:30:37 PM
 #32

If Facebook really uses the blockchain then maybe bitcoin will be eliminated and worse left because everyone will switch to using Facebook coins. I hope if this really happens it can have a positive impact on the development of cryptocurrency even though it endangers the existence of bitcoin in the crypto market.

LOL. I'm sorry but it seems you didn't understand it. Why would it "eliminate" Bitcoin? Well they could be competition, but to eliminate Bitcoin in the market? I doubt. Are you going to switch to Facebook coin if ever they release their own token? Why Facebook is doing is trying to jump the buzz word now, which is 'blockchain'. They can do it and more cost effective if they will just used a centralized database. But since everyone is jumping on the bandwagon, they don't want to be left out and wanted to have their own coin. But it doesn't mean people will invest on them and totally left Bitcoin or crypto ecosystem.

█████████▄           ▄█
▀██▄         ██
▀██▄    ▄▄ ██
▀███ ███ ██
█████████▄        ▀▀ ██
▀██▄      ▄▄ ██
▄█████████ ███ ██
▄██▀          ▀▀ ██
████
█▀            ▄▄ ██
▄██ ███ ██
▄██▀   ▀▀ ██
▄██▀        ██
███████████▀          ▀█




▄▄█
█████
█████
█████
█████
█████

█████

█████

█████


▄▄█
█████
█████
█████
█████
█████
█████
█████

█████

█████

█████
▄▄█
█████
█████
█████
█████
█████
█████
█████
█████
█████

█████

█████

█████
█▄           ▄█████████
██         ▄██▀
██ ▄▄    ▄██▀
██ ███ ███▀
██ ▀▀        ▄█████████
██ ▄▄      ▄██▀
██ ███ █████████▄
██ ▀▀          ▀██▄
██ ▄▄            ▀█████
██ ███ ██▄
██ ▀▀   ▀██▄
██        ▀██▄
█▀          ▀███████████
Pab
Legendary
*
Offline Offline

Activity: 1834
Merit: 1012


View Profile
April 05, 2019, 07:16:23 PM
 #33

Lets don't forget that Facebook will be owner of that coin
I don't believe that Facebook chain will be fully public and transparent
That Facecoin will be available on best exchanges
I can't believe that coins owner will not like to make some additional money on bitcoin halving
Timing is perfect.Whatever if that coin will be available on exchanges than cryptcurrencies market will be few bilion bigger

BitHodler
Legendary
*
Offline Offline

Activity: 1386
Merit: 1163


View Profile
April 05, 2019, 08:31:04 PM
 #34

Timing is perfect.Whatever if that coin will be available on exchanges than cryptcurrencies market will be few bilion bigger
Actually, the timing isn't perfect at all. Most average joes (which is the group they target as social media platform) that got involved with crypto are down a lot, and the last thing they care about is yet another crypto coin.

I can already predict what headline mainstream media outlets will use to attract clicks: 'Facebook coin ignites crypto bull run'. They have zero clue about how no one in crypto gives a damn about Facebook coin.

The only way I can see Facebook contribute is when they will compete with Twitter to also enable LN payments when the time is right, because Jack Dorsey already said that he liked the idea of having an official LN implementation on Twitter.
samcrypto
Member
**
Offline Offline

Activity: 658
Merit: 63


View Profile
April 05, 2019, 10:14:22 PM
 #35

A Barclays analyst said that Facebook’s digital coin would provide the social network platform a “lifeline” if investments stop flowing in.

Full article here: https://www.unblock.news/news/barclays-facebook-coin-to-bring-in-19-billion-by-2021

Investments and so they get. Simply, the development of cryptocurrency is going fast. And they are trying to create their own altcoin than not the company's shares, but without affecting its development.
Looks like cryptocurrency will be the life saviour for facebook since its stock market price are slowly declining. Well, 2021 is quiet a late year for development because bitcoin will be more expensive that time and it can be a little too late for facebook to adopt. This can also be a rumor so stay neutral.

okala
Full Member
***
Offline Offline

Activity: 672
Merit: 107


View Profile
April 18, 2019, 02:49:53 PM
 #36

Overhyped. Facebook doesn't need to use blockchain for this. They can simply make a centralized database for currency transactions on the platform. It ain't going to be a permissionless network and surely can't have the same properties like Bitcoin.

$19 billion, if that's really happening, then is just a waste of money.
You are right Facebook can created the in platform token with the use of blockchain to accomplishe that, just like the iTunes card and PayPal. But since Facebook is going into crowd founding for this token development they may be looking for other investors and they have to use the smart contract to do that.
Vishnu.Reang
Sr. Member
****
Offline Offline

Activity: 812
Merit: 292


777Coin - The Exciting Bitcoin Casino!


View Profile WWW
April 18, 2019, 02:54:07 PM
 #37

now i buying facebook stock. but how do we get this facebook coin when?  Frankly, I don't trust Mark Zuckerberg.  how can I trust a person who sells people's data? they will inflate the price of facebookcoin themselves.  The goal is to collect all people's money...

Buying the Facebook stock may not be a wise decision now. I will tell you what I think. Facebook has reached its saturation point and many of its users are shifting to other channels such as Reddit and Insta. I am afraid that FB will eventually end up like Orkut.

jademaxsuy
Member
**
Offline Offline

Activity: 532
Merit: 23

★777Coin.com★ Fun BTC Casino!


View Profile WWW
April 18, 2019, 03:15:30 PM
 #38

Overhyped. Facebook doesn't need to use blockchain for this. They can simply make a centralized database for currency transactions on the platform. It ain't going to be a permissionless network and surely can't have the same properties like Bitcoin.

$19 billion, if that's really happening, then is just a waste of money.
Yeah I think of it the same way also. How could facebook integrate cryptocurrency system when in fact facebook has already earning on its plarform. Those who made this story just want facebook to create a digital coin for their own interest. Facebook will not allow any shares from thw crypto investors on their profit. If they will really create a digital coin then it is not for the good of facebook platform but for the huge whles that will going to invest on it and take a share on facebook platform earnings.

binhvo1505
Member
**
Offline Offline

Activity: 602
Merit: 11

send & receive money instantly,with no hidden cost


View Profile
April 18, 2019, 03:24:34 PM
 #39

A Barclays analyst said that Facebook’s digital coin would provide the social network platform a “lifeline” if investments stop flowing in.

Full article here: https://www.unblock.news/news/barclays-facebook-coin-to-bring-in-19-billion-by-2021
It absolutely can happen. Facebook is really trying to make the biggest whale in the crypto market and manipulating all coins currently available in crypto market.
With such a huge capital, it will certainly have great power and can change the face of the market. This can be both bad news and good news.

Indamuck
Hero Member
*****
Offline Offline

Activity: 1120
Merit: 553



View Profile
April 18, 2019, 03:33:01 PM
 #40

now i buying facebook stock. but how do we get this facebook coin when?  Frankly, I don't trust Mark Zuckerberg.  how can I trust a person who sells people's data? they will inflate the price of facebookcoin themselves.  The goal is to collect all people's money...

Buying the Facebook stock may not be a wise decision now. I will tell you what I think. Facebook has reached its saturation point and many of its users are shifting to other channels such as Reddit and Insta. I am afraid that FB will eventually end up like Orkut.

Facebook owns Instagram and they end up buying any other platform that threatens their dominance.  Facebook has become too powerful and can be considered a monopoly.  

I have gotten sick of Reddit because of the over censorship and the paid trolls that have infested that platform.
Pages: « 1 [2] 3 4 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!