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FireBallex
Member
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Activity: 462
Merit: 19
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February 25, 2020, 06:52:55 AM |
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Facebook's GlobalCoin is a novelty coin that has a strong appeal of the world and a lot of investors have been unable to resist this attraction. It was so good and so.  When you said 'investors' I can't help but keep thinking how the hell will global coin help investors if it's a stable coin, there will never be a profit left to make from investing in any stable coin don't you think? Volatility coins are the only currencies that gives investors profits |
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betty11
Copper Member
Jr. Member
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Activity: 448
Merit: 3
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February 25, 2020, 09:56:17 AM |
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I think this project has been dropped because of resistance from the government. Well would have love top see their stable coin in the market but the government fear the banks were going to fold up and Facebook is going to have too much power.
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jcpone
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February 25, 2020, 12:47:04 PM |
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Part III: Facebook’s Libra Coin In 2020 & Staying Relevant in The Revolutionary Digital World
As a company they can advertise their plans globally as the amount of users in their platform will view their point and hence they can be relevant and how they can be the digital revolution is yet to be seen and whether they will be able to change the concepts and opposition of the political leaders is to be seen. Is this global coin you are talking about now is the Libra coin? Because as far as I know I just read it at cryptotalk some topic over this platform that those who are interested to invest on libra now can able to do it. Just forgot the section what it is even the website itself where can able to buy libra. But for me honestly, I'm not interested to invest to this coins actually. I rather invest on top coins at the coinmarketcap compared to this one. |
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shinratensei_
Legendary
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Activity: 3080
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
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February 25, 2020, 02:16:30 PM |
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I think this project has been dropped because of resistance from the government. Well would have love top see their stable coin in the market but the government fear the banks were going to fold up and Facebook is going to have too much power.
The libra project is not dead yet. The development of libra is still running and it's better for you to visit libra's site directly. There are so many articles about the mechanism of libra already published on the site. This project may get another delay but with the potential of crypto and that's why facebook is not fully deactivated this project. Banks and government are also looking for the alternative way to develop the future currency that based on the digitalization too. You should not worry about that. |
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Natalim
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February 28, 2020, 12:06:57 PM |
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There's a lot of company who are still interesting in partnering with Libra, and they viewed it as it's a real big project which could be a game changer. My question now, is there any light of this project getting launch soon, or maybe this year? |
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Lexurdania
Member
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Activity: 840
Merit: 10
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February 28, 2020, 12:41:13 PM |
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Facebook's GlobalCoin is a novelty coin that has a strong appeal of the world and a lot of investors have been unable to resist this attraction. It was so good and so. In my opinion, facebook coin still needs proof and time due to various regulatory constraints and also many partnered companies are starting to leave it. Maybe if it is able to pass regulations, facebook coin will be of interest to investors because it is supported by a large social media platform. |
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TrevorS
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February 28, 2020, 03:32:05 PM |
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I believe that when the coin is released to the market, it will make a lot of noise, as it already did before the release.
One way or another, we will get another interesting new solution in the field of means of payment in related areas with cryptocurrency.
I am sure this globalizes the cryptocurrency market.
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FairUser
Sr. Member
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Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
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March 06, 2020, 02:32:47 PM |
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This is a good sign of the global growth of the entire cryptocurrency market. I believe that Altcoins this year will show an average growth of more than 300%. Altcoins may increase to 300% this year, but to my mind, only a few top altcoins will solve that problem. In this market we have a lot of altcoin scam and useless, surely this year there will be a lot of altcoins continue to die and it will help the top altcoins grow strongly. |
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Tylev
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March 06, 2020, 05:48:28 PM |
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Part III: Facebook’s Libra Coin In 2020 & Staying Relevant in The Revolutionary Digital World
As a company they can advertise their plans globally as the amount of users in their platform will view their point and hence they can be relevant and how they can be the digital revolution is yet to be seen and whether they will be able to change the concepts and opposition of the political leaders is to be seen. Currently they are silent for their coin but whenever they released this coin then it will have a very great effect on the whole crypto market as with this news all of the people who are currently aware with crypto will invest their money as they will know that the price will increase much higher and after that all of the facebook users will be introduced with the crypto environment and they will also try to adopt other cryptocurrencies along with the facebook coin. It seems that despite a lot of hype and scandals surrounding Libra, this coin will be released soon and supposedly it is already starting to pass testing. However, I do not think that she will be very successful. One must still consider that the countries of the European Union have stated that they will not allow its circulation on their territory. In addition, stable coins of various states will appear now and they will constitute serious competition to Libra. It seems to me that many people will have more confidence in stable coins, behind which are the authority of states, and not Zuckerberg’s tarnished reputation. |
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Bitcoinislife09
Full Member
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Activity: 1028
Merit: 144
Diamond Hands 💎HODL
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April 21, 2020, 10:22:01 AM
Last edit: April 23, 2020, 06:54:12 PM by Bitcoinislife09 |
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It will surely have good impact on crypto market in general but some are saying it will outrival bitcoin which is very hard to believe for me ,globalcoin will do fine no doubt but can't rival bitcoin
It cannot rival Bitcoin, I agree with that, I share the same perspective. However, what makes you think that it will have a good impact on the crypto market in general? Because it inevitably raises awareness for cryptotechnology & DeFi? I guess Facebook will not stop until make a successful run in cryptocurrency comparing to failed libra, maybe it might be different but for some people altcoins or create a new one is already dead. The news about new Facebook's Globalcoin is flashed on nationall television and it is said to be issued this 2020. I think this would be a good impact in the world of cryptocurrency. Many people would be more aware about the cryptocurrency and many may have the priviledge to gain and earn so much money using cryptocurrencies. With the pandemic that we are experiencing right now this could be better and can help the economy of thr nations that is subsiding right now. It can also help the stock market to somehow increase again. |
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OneLifeKiller070
Jr. Member
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Activity: 79
Merit: 1
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April 27, 2020, 11:06:28 AM |
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I have heard through in many media that Facebook is going to connect a cryptocurrency blockchain called Libra. I believe that Facebook will be successful through Libra.
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Python Master
Copper Member
Jr. Member
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Activity: 406
Merit: 1
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April 29, 2020, 07:12:30 AM |
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I guess that Facebook couldn't launch Libra coin in this year. There are too much troubles with regulators, Facebook does not have solutions for them yet. I support Libra coin and hope that it will be launched soon. Facebook has great based users with more than 2 billions people, Libra will be used in FB advertising and FB ad breaks. It's the best start for a new cryptocurrency.
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