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Author Topic: Who Would Really Buy Facebook Coin?  (Read 11117 times)
Mr.Zero
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July 09, 2019, 01:41:24 AM
 #221

I don't really know who want to buy this LIBRA, because it have a negatif issue and statement from master in cryptocurrency.
I choose decide to waiting and looking how can this is will work.

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vladimirhf
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July 09, 2019, 01:50:40 AM
 #222

depends on the services and benefits they will offer. buying on ebay not paying extra fees, maybe? some won't buy, but they will earn. it's not being created as a financial asset, people won't buy for profits. It's a currency.
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July 09, 2019, 02:00:08 AM
 #223

Libracoin is a stable coin, which means it shouldn't go up and down. The purpose of this coin is tracking your payment activity and sell this statistics to companies who wants to sell some products based on this statictics.

In my opinion, Libra Coin will be the main currency on Facebook platform. About who wants to buy, I think many investors are lining up to buy because Libra coin used to transact on Facebook. I think, Facebook will develop seriously the marketplace on its platform

From what I read, facebook really do created a facebook currency that will only be used in the facebook network, According to what I read its really not a cryptocurrency, yes it uses blockchain technology, but it just like a fiat that and its price is not volatile and it's not even in any marketplace.

Ref: https://www.coindesk.com/libra-isnt-a-cryptocurrency-its-a-glimpse-of-a-new-asset-class
Zidan Bst
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July 09, 2019, 10:33:48 AM
 #224

Facebook coin has hyped now even it not has launched.
So, many of big investors will participate on their token sale.
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July 09, 2019, 11:55:06 AM
 #225

Facebook coin has hyped now even it not has launched.
So, many of big investors will participate on their token sale.
maybe institution will participate too.it will be first coin that backed by giant company in the world that has millions users around the world.adoption will be very easy for libra coin.and its price will rise alot, maybe if libra held IEO we have to participate on it.

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July 09, 2019, 12:14:35 PM
 #226

Libra is a crap coin. The American gov will not let it pass. The only good thing is it bought lots of people here to get educated.
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July 10, 2019, 02:59:35 AM
 #227

maybe institution will participate too.it will be first coin that backed by giant company in the world that has millions users around the world.adoption will be very easy for libra coin.and its price will rise alot, maybe if libra held IEO we have to participate on it.
Libra has Big members of the association.there are Mastercard , Paypal, Ebay , Uber ,Xapo , Coinbase.
This coin will very strong and will good value on the exchange.
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July 10, 2019, 05:39:14 AM
 #228

Libracoin is a stable coin, which means it shouldn't go up and down. The purpose of this coin is tracking your payment activity and sell this statistics to companies who wants to sell some products based on this statictics.

In my opinion, Libra Coin will be the main currency on Facebook platform. About who wants to buy, I think many investors are lining up to buy because Libra coin used to transact on Facebook. I think, Facebook will develop seriously the marketplace on its platform

From what I read, facebook really do created a facebook currency that will only be used in the facebook network, According to what I read its really not a cryptocurrency, yes it uses blockchain technology, but it just like a fiat that and its price is not volatile and it's not even in any marketplace.

Ref: https://www.coindesk.com/libra-isnt-a-cryptocurrency-its-a-glimpse-of-a-new-asset-class

With a large social media platform and many members in many countries, Facebook provides facilities for transactions and with Libra Coin, every Facebook member can make transactions faster. With Libra Coin users estimated to be large, this will make the value of Facebook companies skyrocket

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pant-79
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July 10, 2019, 10:48:44 AM
 #229

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


There are alot of people wanting to buy Libracoin due to the high demand of this crypto. So that if you want to make a big profit in the next time, spend money for Libra and holding for the long-term. Libracoin will beat BTC in the next year I thinking because the Facebook is the big brand of the world.

Of course, I will not dispute that LibraCoin will be a success and many people who want to make money will buy it. But don't claim that this coin will beat Bitcoin. From this statement I can only conclude that you have no idea what Bitcoin is, what its goals are and what problems it solves.
rawdog11
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July 10, 2019, 03:08:03 PM
 #230

Although I don't consider facebook coin a real cryptocurrency, it will drive lots of facebook users into the market. It'll be like a little baby stepping stone for people to think they're using crypto. Once it gets them comfortable they'll move to things like ripple/ltc/btc.

sammy21
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July 10, 2019, 03:31:08 PM
 #231

Of course, I will not dispute that LibraCoin will be a success and many people who want to make money will buy it. But don't claim that this coin will beat Bitcoin. From this statement I can only conclude that you have no idea what Bitcoin is, what its goals are and what problems it solves.
Certainly it will not be able to defeat Bitcoin Libra with a large community and the support of large companies, they will have such a large development fund. no wonder if many will be interested in having it. but I myself have not determined it, because everything depends on how the coin will function for their platform.

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July 10, 2019, 03:34:02 PM
 #232

yes of course there will be many people who are interested in buying it, including me, even though the Facebook CEO himself, mark zuckerberg said that the facebook coin named libra will become a stable crypto coin, even so, I'm sure the demand will be more than on the offer and that is what makes the libra price rise

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July 11, 2019, 03:48:27 PM
 #233

That`s all depends on the situation. And Why not, if the the coin will be a good for investments.Then I shall go with that. This is just like any other coin here in crypto. The launch may be some in 2020. For sure, they will make it better compared to other coins and we already know that Face has its name through out the world.
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July 11, 2019, 04:02:50 PM
 #234

Cryptocurrencies were created as an alternative to bank payments. Cryptocurrencies were created for everyday use.
Facebook coin is not an investment or speculation just like other cryptocurrencies, it was created only for fast transfers (use).

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July 11, 2019, 05:13:14 PM
 #235

Cryptocurrencies were created as an alternative to bank payments. Cryptocurrencies were created for everyday use.
Facebook coin is not an investment or speculation just like other cryptocurrencies, it was created only for fast transfers (use).
That is why it will not be a cryptocurrency actually. it will be just an internal currency inside the facebook ecosystem and in fact, it will be very centralized

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July 11, 2019, 06:01:22 PM
 #236

Well this question is rhetorical and I think everybody must answer for him or herself but I think many people will be interested to buy this Facebook coin. Perhaps, Libra will grow after entering the exchange.

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July 11, 2019, 06:14:22 PM
 #237

Personally, I won't buy Libra because its yet to be launched as an exchange coin in cryptocurrency but there may be people out there who are really interested in investing in this Facebook coin because of its huge users. I won't be surprised if this happens.

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July 11, 2019, 06:19:03 PM
 #238

Facebook coin named Libra seems to have attracted a lot of attention from crypto investors, and so do I, and if I have enough money, of course I will buy a Libra, because this Libra is a crypto coin that is really hype, and remember this is a coin from giant facebook company

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July 11, 2019, 06:39:05 PM
 #239

With a huge army of fans in its ranks, Facebook will get more support for its coin. The platform working with advertising and various affiliate programs will be able to attract investors to work in their own coin.
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July 11, 2019, 06:41:49 PM
 #240

yes of course there will be many people who are interested in buying it, including me, even though the Facebook CEO himself, mark zuckerberg said that the facebook coin named libra will become a stable crypto coin, even so, I'm sure the demand will be more than on the offer and that is what makes the libra price rise
First you should really know what Libra coin is all about. It is the kind of coins that is going to bring a revolution based on the 2 billion huge active users of Facebook. Facebook is making use of this advantage to bank the unbanked. The coin will secure your assets thereby making is deflationary. SO it would be useless to expect returns like we do in case of Bitcoin.
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