Who Would Really Buy Facebook Coin?

[DonFacundo]

If that is volatile crypto then I would definitely buy that coin and hold, it will pump for sure, but if that is stable coin well then I don't buy it.

[kangkilokang]

If that is volatile crypto then I would definitely buy that coin and hold, it will pump for sure, but if that is stable coin well then I don't buy it.

to buy it of course we have to think about it and not be easily affected by persuasion so we need to know the strengths and weaknesses.
if coins can increase and growth is good, maybe many will be interested.

[blockchainwriters]

facebook coin might be their internal coin for transactions instead of using  visa and master card facebook developing their own coin so facebook coin may nt for external buy sell

[Janna_MaMa]

If that happens I think a lot of people will buy fb coins. because fb has a very large user base. The development of FB coin will definitely make the crypto market more vibrant

[smyslov]

If that is volatile crypto then I would definitely buy that coin and hold, it will pump for sure, but if that is stable coin well then I don't buy it.

I am of the same opinion, but we all know Facebook, they want profit and they want a presence in every market, so the possibility of it becoming a crypto kind of coin where it can compete with Bitcoin, litecoin and XRP and the likes is very high, we are excited this will create a big hype in the market when it launch.

[delarossa]

We are know the facebook has biggest users in social media platform in the world than other. So if facebook release own their coin, many of people will be interested. But before that, their must known the useful thing and clear purpose to build their coin.

[Ifychuks]

It will be mere exaggeration, at least it will look so, quoting how many people will rush the Facebook coin when it's finally out. A lot are already anticipating and waiting for it.

[Ucy]

I havent read much about the coin but it will be surprising to see many people profiting from it. It is Stablecoin from what I have heard.
Of course the coin will likely not be censorship resistant like typical cryptocurrency

[nutriagrigia]

I am not buying any of it but people are buying obvious scams. So if you think about that, facebook at least facebook and that is way better than obvious scam coins.

just what is the point of investing in this coin? This is the usual stable Coin that will be used only on Facebook.

[Script3d]

I think alot of the people will buy the coin, since facebook is one of the most used platform in the world, people will see this as a easy cash, but i doubt about the uses of the coin, and i expected the coin to be centralized since facebook really loves collecting data.

[Saisher]

Honestly, who would buy this? Serious question! I've been reading about it and I don't see how Facebook can create a coin that upholds the values crypto portrays (censorship free currency).

https://tipestry.com/topics/5ce41169570b6c1f0750a040/facebook-to-release-its-own-cryptocurrency-on-whatsapp-%E2%80%93-libracoin-%E2%80%93-with-its-base-in-switzerland-and-first-launch-in-india

People are buying Ripple with issues about decentralization, why not Facebook who has everything to make their own coin one of the top coin in the market, speculators, holdlers and traders will buy it, for the profit that this coin will create for holders and early investors.

[fabiorem]

I would buy if I was a whale, just to dump it afterwards and make it crash.

Facebook is one of the bastions of censorship on the internet. If their coin is a crypto, it will go to the exchanges. If it wont go to the exchanges, then its only a virtual currency, not a crypto one.

Now, I just imagine here, if Reddit releases its own coin, and links it to their retarded voting system, where downvotes would result in confiscation of such coins. The cattle would love it.

[AntoCokbun]

with Facebook fame I'm sure there will be a lot of people who will support it even some predictions say that Facebook coins will be top-level coin coin competitors.

[spike420211]

I think it all depends on how popular Facebook can create around a coin. The higher it is, the higher the chance that the coin will be in our portfolios. Take for example the BNB.

[Leema]

Well, blockchain technology is to solve problems in the cryptocurrency world. I can invest in facebook coin, depending on what the coin is really solving. I know Facebook has build a reputation though.

[asder250]

It is not my problem or your problem, none of us will be able to buy a facebook coin, it will be offered only in a private sale for big institutional investors. Because when big whales play, they do not care about retail investors.

[traderethereum]

It is quite difficult to know who will buy facebook coin because they can sell it into public or in private so there could be many possibilities they already sell it right now.
I think many people want to buy that coin, especially if they already invest in the early times before facebook announce to release their coin.
But still, when Facebook is launching their coins, it needs to compete with the other coins and I think they will be difficult to do that unless many whales are with them.

[chatedha]

As far as I know, FB coin is a stable coin. I don't think the price will go up. so I think it's a little hard to get a profit from FB coin.

[Twinkledoe]

I think it all depends on how popular Facebook can create around a coin. The higher it is, the higher the chance that the coin will be in our portfolios. Take for example the BNB.

And with the scope of influence of facebook platform, there is no doubt that this coin will sell. Even private investors will be interested on this because of its established foundation in the cyberspace. Unlike many other shitcoins, this has solid backing to begin with. If they will use this coin as their internal payment method, I believe it would be a hit as understanding its nature is very easy for them this time. The facebook team will make this user-friendly or dumb-friendly so people will not hesitate in dealing with crypto coin.

[unbotak]

As far as I know, FB coin is a stable coin. I don't think the price will go up. so I think it's a little hard to get a profit from FB coin.

so far it is like that but if we try luck with long-term investments in it it seems it is not a bad decision because after all facebook coins are quite stable so it is not so risky.