GlobalCoin by Facebook - speculation.

[rysea2]

News about Facebook and Globalcoin is currently being discussed recently. If that becomes a reality, I am sure that Facebook coins will be able to compete with other top ranked coin coins such as EOS, XRP, and even Ethereum because Facebook has a high popularity.

[Pecunia non olet]

Facebook doesn´t have enough money? They want to earn money in an industry they don't understand. This can only result in a damage of cryptocurrencies or in a damage Facebook as a company. 

[encycrypto]

Facebook doesn´t have enough money? They want to earn money in an industry they don't understand. This can only result in a damage of cryptocurrencies or in a damage Facebook as a company. 

They're not doing it for money only, they're doing it for better management of transactions. It's not like that they're totally inexperienced in this industry, as recently they talked to Winklevoss twins about this all.

[jossiel]

A new cryptocurrency is coming in 2020 by Facebook. Zuckerberg will try to partner with the governments and make it a bridge between his products like WhatsApp and Facebook.

Where could it be heading to?

Well, we still can't say where it is heading until we see them rocking and operating already. I've read also that it's likely Mark Zuckerberg will be teaming up with the Winklevoss twins.

https://www.cnbc.com/2019/05/24/zuckerberg-reportedly-held-talks-with-winklevoss-twins-about-facebooks-cryptocurrency-plans.html
https://www.ft.com/content/0207778c-7d62-11e9-81d2-f785092ab560

Thanks for providing references guys!

This is an interesting development as I remember that Facebook once had even banned the cryptocurrency advertisements on their platform. Now they're going to launch their own.

You are very much welcome and don't mention it.

Yep, they had banned crypto and ICO related advertisements a year ago. And my feeling was correct with that, that they were cooking something because they were eliminating their competitors.

Now, here they are proudly announced the launching of their stablecoin soon which will be used in their facebook related partners/sister company.

"First they ignore you, then they laugh at you, then they fight you, then they join you."

True scenario.

That's what Facebook did before when they first announced of banning those ICO thingy ads. And now there's truly a quick change for everything, I'm now having that idea that those who did banned or prohibited bitcoin and crypto related stuffs can also completely change their decision in the future.

[Dreamchaser21]

Facebook is a popular platform that almost all internet users knows about,  facebool adopting cryptocurrency will be a major step to global adoption  for cryptocurrency as many will get to know about crypto currency via facebook

That’s the big impact of big companies in cryptomarket, Facebook can attract more investors and cryptocurrency will have a good image again. Facebook coin will have a good entry on cryptomarket, they will be supported by many big investors and its price will have an easy ATH, i see Facebook coin as the top coin already.

[sabine80]

globalcoin by facebook will certainly be a success story. even if i do not use the coin, crypto will become better known and that is good.
as long globalcoin is a stablecoin, i personally do not find it really interesting.

[marketone]

A new cryptocurrency is coming in 2020 by Facebook. Zuckerberg will try to partner with the governments and make it a bridge between his products like WhatsApp and Facebook.

Where could it be heading to?

Well, we still can't say where it is heading until we see them rocking and operating already. I've read also that it's likely Mark Zuckerberg will be teaming up with the Winklevoss twins.

https://www.cnbc.com/2019/05/24/zuckerberg-reportedly-held-talks-with-winklevoss-twins-about-facebooks-cryptocurrency-plans.html
https://www.ft.com/content/0207778c-7d62-11e9-81d2-f785092ab560

Thanks for providing references guys!

This is an interesting development as I remember that Facebook once had even banned the cryptocurrency advertisements on their platform. Now they're going to launch their own.

You are very much welcome and don't mention it.

Yep, they had banned crypto and ICO related advertisements a year ago. And my feeling was correct with that, that they were cooking something because they were eliminating their competitors.

Now, here they are proudly announced the launching of their stablecoin soon which will be used in their facebook related partners/sister company.

"First they ignore you, then they laugh at you, then they fight you, then they join you."

True scenario.

That's what Facebook did before when they first announced of banning those ICO thingy ads. And now there's truly a quick change for everything, I'm now having that idea that those who did ban or prohibited bitcoin and crypto related stuff can also completely change their decision in the future.

That's how technology will influence because not only Facebook there are many people who are so negative at the beginning of the blockchain but now many people are showing a lot of interest towards the blockchain and its technology and in the coming days we might see more companies will start using the blockchain technology.

[Distinctin]

globalcoin by facebook will certainly be a success story. even if i do not use the coin, crypto will become better known and that is good.
as long globalcoin is a stablecoin, i personally do not find it really interesting.

That's not only the success of bitcoin, but the success of all, maybe with this, bitcoin and other major coins will also pump.
The hype might already started, we've seen many pumps and might be another one coming soon, just don't get surprise, enjoy the moment as the market is maturing.

[EdenHazard]

We don't need speculation about this coin because its price based on dollar price. The increasing and decreasing price will like the dollar price so I don't see any volatile to this coin. For an investment place is not good because your profit only small and a long time to make several percent to add your capital. Use this coin just for payment system because the first intention to created this coin is just for payment system. Use this coin as it should put hope in bitcoin or altcoin which is not stable coin or even as a centralized coin.

[quality.crypto]

Firstly, Facebook is completely anti to the Cryptocurrency but now Facebook is going to launch their own cryptocurrency in the market which is going to be a huge relief for the people because companies who trolled the blockchain and Bitcoin are now entering into the cryptocurrency world for launching their own cryptocurrency.

[Sendi blackspade team]

Firstly, Facebook is completely anti to the Cryptocurrency but now Facebook is going to launch their own cryptocurrency in the market which is going to be a huge relief for the people because companies who trolled the blockchain and Bitcoin are now entering into the cryptocurrency world for launching their own cryptocurrency.

Our big hope is that, with the presence and delivery, hopefully a big investment can immediately enter the crypto market. we hope that there will be a massive adoption of old and new investors, it will make a big increase in crypto market conditions.

[pageraji]

Eventually Facebook realized that blockchain and cryptocurrency are feasible and must be used, rejecting the latest technology will make Facebook like Nokia which once rejected Android, Mark is aware of this.

[jjbanks994]

I honestly think this might be quite successful just because of the amount of people who are already using Facebook along with the rest of those apps

[slaman29]

If this can happen, billions of people will know this crypto market and this is a great opportunity to attract a large community from Facebook because this is the social network most people use. I personally believe that the launch of GlobalCoin coin will boost growth for the crypto market because thousands of big partner companies will cooperate with Facebook to increase the value of this coin higher and can achieve Huge changes in the future

You think so? Billions of people who use global coin will really embrace crypto? No, they will love the idea of a coin that's inside FB, but no different from a coin inside a poker app or a farming game. You think Globalcoiners will want to open a Bitcoin wallet, remember the private keys and sign transactions? And then what if they want to convert it to dollars. You think they really want to go to an exchange and go through the hassle?

[jossiel]

True scenario.

That's what Facebook did before when they first announced of banning those ICO thingy ads. And now there's truly a quick change for everything, I'm now having that idea that those who did ban or prohibited bitcoin and crypto related stuff can also completely change their decision in the future.

That's how technology will influence because not only Facebook there are many people who are so negative at the beginning of the blockchain but now many people are showing a lot of interest towards the blockchain and its technology and in the coming days we might see more companies will start using the blockchain technology.

Because first thing, it's on the trend and they can't miss this opportunity to ride the hype and trend because it will generate more profit to them. AFAIR, eoy of 2017 Mark Zuckerberg already said that he's studying and looking into crypto and blockchain.

And I think it was planned well by him, took some issues and actions that will make them take the advantage for their platform, turned the tables after banning it into liking and allowing crypto ads again.

[coinswebid]

A new cryptocurrency is coming in 2020 by Facebook. Zuckerberg will try to partner with the governments and make it a bridge between his products like WhatsApp and Facebook.

Where could it be heading to?

Well, we still can't say where it is heading until we see them rocking and operating already. I've read also that it's likely Mark Zuckerberg will be teaming up with the Winklevoss twins.

https://www.cnbc.com/2019/05/24/zuckerberg-reportedly-held-talks-with-winklevoss-twins-about-facebooks-cryptocurrency-plans.html
https://www.ft.com/content/0207778c-7d62-11e9-81d2-f785092ab560

and if this really happend in the next year, maybe most of good crypto will green and touch another level on price and market capitalizations too
because in 2020 bitcoin halving even will be happend to right ?
hope this not only a rumours 

[Johnzky]

A new cryptocurrency is coming in 2020 by Facebook. Zuckerberg will try to partner with the governments and make it a bridge between his products like WhatsApp and Facebook.

Where could it be heading to?

I thought that facebook didn't even create an announcement about ETA of facebook coin. Some articles said if facebook has already contacted the crypto exchange site for that. but that coin will play as utility and that will be only become the currency that will have used in the platform.
Im feeling curious about where you get that clue about facebook coin will be launched on 2020?

I guess globalCoin and Facebook coin is two different currency so if that’s the case maybe Zuckerberg is venturing in separate cryptocurrency (but I maybe also wrong for this)

Zuckerberg know how can be popular cryptocurrency in future and Him being a Internet expert I think he is waiting for the booming of the crypto’s in the near future that’s why he was investing now or maybe in past but secretly only

[leea-1334]

Facebook doesn´t have enough money? They want to earn money in an industry they don't understand. This can only result in a damage of cryptocurrencies or in a damage Facebook as a company. 

Of course they have enough money and more than enough,,, but you know how the rich become rich? They keep wanting more money. And who would not? Everyone sees Bitcoin and they see that it is an amazing creation. They think if you cannot beat them, why not join them? Why else do you think 99% of projects are centralized and half of that is all about corporations getting into "the game"?

[Erickan]

I know that facebook will issue stable coin, it will also be circulated internally for their applications, not in the crypto market. There is not much information now that Facebook will release exactly the same day, although the expected time is 2020, but it can be completely changed.

[Makkara]

A new cryptocurrency is coming in 2020 by Facebook. Zuckerberg will try to partner with the governments and make it a bridge between his products like WhatsApp and Facebook.

Where could it be heading to?

I wouldn't expect much in terms of mass adoptions, Facebook has no ethics and they would sell their own mothers to make money.