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imstillthebest
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July 03, 2019, 03:44:29 PM |
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Libra won't be competing with Bitcoin. Just as the US dollar or the Euro is not competing with gold.
us dollar and euro are both fiats/money or regular currencies but gold is an asset and its totally different . on the other hand , libra coins and bitcoin are both digital currencies which means they can also compete with each other just like bitcoin competing with paypal and other payment methods online . its a good news if there is another bitcoin rival that is coming because we can again witness a good fight . lets see how this goes |
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Metall303
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Activity: 891
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Oikos.cash | Decentralized Finance on Tron
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July 03, 2019, 04:05:57 PM |
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The rate at which bitcoin controls the prices of altcoins, has indicated that bitcoin does not have rival.
I feel like imagining what new thing Facebook CEO is planning to release, that will make it to have preference over bitcoin.
The acceptability of the coin by crypto enthusiasts is very important.
Bitcoin does not control the price of altcoins. prices are controlled by investors who decide in which assets they will invest their money. |
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santiPOGI
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July 03, 2019, 04:10:46 PM |
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There is no BITCOIN rival to come but a big hand of help is coming.
YES< LIBRA is a big help for the bitcoin and all cryptocurrency in the world to get more acceptance and teach many people who are not yet aware.
This is a good addition for the global acceptance.
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InwardContour
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July 03, 2019, 04:27:55 PM |
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I've been seeing several threads whereby people think Libra will be the new BTC rival, but that's a far fetched illusion. There is no way any altcoin will rival the king, BTC. I understand there might be improvement in architecture and new features, but it doesn't mean Facebook coin will be a rival. Yes it will enhance mainstream adoption but it's a stable coin and also centralized, so it's no match for BITCOIN.
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igor.vanyutin.83
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July 03, 2019, 04:29:49 PM |
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No way that Libra is going to create some changes in our industry. Moreover, they already said that there will be no privacy in this coin and it is going to be centralised without any limited supply. What we are talking about?
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Iykecollinz
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July 03, 2019, 04:34:42 PM |
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I is now clear that no coin or token will ever compete with bitcoin much more being its rival, so far bitcoin is taking up over 50% of the entire crypto market share and thereby dominating by a huge marketetcap, it took a whole lot of years with so much tribulations to get here, absolutely no coin will ever beat this, at least not anytime soon
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BryanK
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July 03, 2019, 08:15:22 PM |
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Do not think that Facebook will be able to turn the crypto industry. Most likely it will be a parasite and will not be able or will not want to convey to people all the charm of the blockchain. Now such huge projects can not exist without the introduction of new tools. Therefore, popular projects will soon get more successful products.have good control over their cryptocurrency portfolio.
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jabrix
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July 04, 2019, 07:57:01 AM |
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Libra won't be competing with Bitcoin. Just as the US dollar or the Euro is not competing with gold.
Yes, there is allocations from the first to the latter and vice versa, but they have totally different applications and use cases in the world.
I agree with you that Libra coin does not compete with Bitcoin, because in my opinion it will maximize Facebook as a social media that has very many members, for payment or trade transactions using crypto coins of its own. In addition, the Facebook platform will be augmented with financial business features that reach the entire world, where transactions can take place in minutes. Very prospective in my opinion, so there is no need to compare or align with bitcoin, because the segments are different. |
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old fart
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Merit: 10
Bitcoin is the future
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July 04, 2019, 08:26:14 AM |
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Libracoin is another shitcoin IMO, another centralised coin, there is no way it is going to compete with bitcoin. The only good thing about it, is that it will give noobs a glimpse of what cryptocurrencies are, and they may eventually get to know bitcoin better. Bitcoin will remain the optimus primus.
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playboy654
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July 04, 2019, 08:31:51 AM |
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Fu*****k the libra coin because it is nothing going to be useful for us,we have fiat which is lot better than trusting someone's centralized coin.
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FeelTheBeat
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July 04, 2019, 08:55:36 AM |
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I think that this cryptocurrency will be successful only in the first time of its existence. Since it will not be anonymous and decentralized. For many people, this crypto currency will be a step through which they will step into the crypto-currency industry and get acquainted with much promising projects.
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zzortyx
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July 04, 2019, 09:26:31 AM |
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This cryptocurrency can certainly be a success but true fans of the crypto world should be wary of it. I would not compare it and put it on a par with bitcoin.
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krisnajsadrak
Sr. Member
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Hodlers Network
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July 04, 2019, 09:37:29 AM |
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This cryptocurrency can certainly be a success but true fans of the crypto world should be wary of it. I would not compare it and put it on a par with bitcoin.
yes, this libra is not a rival for bitcoin because, as i knew libra is stable coin, so, we can't comparing a stable coins with bitcoin my friend always remember the stable coins value will always same in usd terms right ? |
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Folajuwon56
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July 04, 2019, 10:00:25 AM |
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Everything we have heard about this facebook LIBRA coin and Mark zuckerberg is just to gain popularity. LIBRA bring a centralize stable cannot compete with Bitcoin in any way. So I don't LIBRA coin will be a rival to Bitcoin.
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z21770179
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July 04, 2019, 10:31:40 AM |
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This cryptocurrency can certainly be a success but true fans of the crypto world should be wary of it. I would not compare it and put it on a par with bitcoin.
yes, this libra is not a rival for bitcoin because, as i knew libra is stable coin, so, we can't comparing a stable coins with bitcoin my friend always remember the stable coins value will always same in usd terms right ? I just like that Libra is a crypto coin, so make sure it makes a lot of people know about this market. And that's what needs to make this market grow to a new level, much more than in 2017 |
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LiquorBan
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Merit: 10
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July 04, 2019, 12:55:45 PM |
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Well in this space everything is so possible,i say possible because things you have never imagined would surprisingly come up, but in my thoughts, I don't think the facebook altcoin will be the rival to bitcoin. Bitcoin is about decentralization. And also the bitcoin has already proven its identity and importance to the crypto world.
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farlack
Legendary
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Activity: 1311
Merit: 1000
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July 04, 2019, 01:27:54 PM |
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No, this coin is centralized and it has 0 chances to compete with bitcoin.
Don't even try to suggest something as a competitor for bitcoin, it is impossible
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rjp55
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July 04, 2019, 01:41:14 PM |
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I dont think that libra will ever be a rival to bitcoin. Bitcoin’s main advantage is that its decentralized and anonimity. Libra won’t provide this and they are not on the same league.
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Sonik33
Jr. Member
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Activity: 138
Merit: 1
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July 04, 2019, 01:49:53 PM |
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Indeed the crypto currency world is a world full of challenges and competition. Many coins that appear every day intend to become a competitor of bitcoin. Global Coin is only one of the new competitors of Bitcoin. Many bitcoin competitor coins are still competing to gain public trust. Indeed we must be open with the presence of new and more sophisticated technologies. The many competitors of bitcoin actually make us even more proud because the presence of this new technology is certainly an improvement from the previous technology. We will become easier in financial transactions if new technologies emerge. I think that we must always think positively.
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pant-79
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July 04, 2019, 02:14:33 PM |
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Definitely there will be a huge interest to the coin that Mark is going to release. For investors it will be a great chance to earn. But personally, I very much doubt Mark himself. I think that this is the person who will easily carry out the installations of the American government, and this makes me tense up. I think that this project will give us many surprises, so always remain attentive.
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