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Author Topic: Facebook plans to launch 'GlobalCoin' currency in 2020  (Read 1280 times)
Janation
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June 01, 2019, 03:47:56 AM
 #81

I don't see any clarification on this on a Facebook company, it is still planning just like what happened last year still rumor that they have going to launch coin or make their own coin but until now nothing happens. Well, if Facebook successfully launched this project as we expected cryptocurrency will pump up all the prices. For sure it will have mass adoption on it because this platform has a thousand or billions of subscribers.

yes, maybe facebook is still planning a better plan when they release it, but anyway the coins they will release will definitely grow quickly and there should be no doubt because facebook is one of the social platforms that existed earlier and became popular in this circles
indeed the coins released by Facebook will certainly have good prospects, many have confidence in Facebook, and I'm sure they will be easier to market their new products later. because I think they already have the main capital, namely trust


Coins? That is confusing.

There is only one coin Facebook will release and that would be the Facebook coin. I don't think it would be the same coin you are all thinking since it will not be in any exchanges in the internet since it will only be available on Facebook. It will not be in the market like other cryptocurrencies that you know of, it will only be the same as a payment used on Facebook
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June 01, 2019, 05:42:03 AM
 #82

I wonder what place they will take on the coinmarketcap? Will they easily dethrone bitcoin or just take the 2nd spot from Ethereum? But man, Facebook will work as a jet fuel for the cryptocurrency huge take off into the moon. Because there is no way that bitcoin will not get paired with that FB coin on all of the exchanges.
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June 01, 2019, 06:13:51 AM
 #83

I wonder what place they will take on the coinmarketcap? Will they easily dethrone bitcoin or just take the 2nd spot from Ethereum? But man, Facebook will work as a jet fuel for the cryptocurrency huge take off into the moon. Because there is no way that bitcoin will not get paired with that FB coin on all of the exchanges.
I think it's difficult to overthrow bitcoin because in my opinion bitcoin will still be number 1. which I know maybe fb will become Ethereum competitor. that's just my opinion

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shoreno
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June 01, 2019, 06:21:16 AM
 #84

I wonder what place they will take on the coinmarketcap? Will they easily dethrone bitcoin or just take the 2nd spot from Ethereum? But man, Facebook will work as a jet fuel for the cryptocurrency huge take off into the moon. Because there is no way that bitcoin will not get paired with that FB coin on all of the exchanges.
I think it's difficult to overthrow bitcoin because in my opinion bitcoin will still be number 1. which I know maybe fb will become Ethereum competitor. that's just my opinion
They say that this fb coin is kind of stable coin  . Which mean its centralized just like xrp and other stable coins out there like usdt . So btc its not its level but its real competitors are usdt and xrp  but i dont think that this stable coin can de throne these established coins to easily  . It first need to prove himself , it needs to gain reputation first in the public before it can do that.
joshy23
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June 01, 2019, 06:49:17 AM
 #85

I wonder what place they will take on the coinmarketcap? Will they easily dethrone bitcoin or just take the 2nd spot from Ethereum? But man, Facebook will work as a jet fuel for the cryptocurrency huge take off into the moon. Because there is no way that bitcoin will not get paired with that FB coin on all of the exchanges.
I think it's difficult to overthrow bitcoin because in my opinion bitcoin will still be number 1. which I know maybe fb will become Ethereum competitor. that's just my opinion
Mostly will happen, Bitcoin already established it's market and it will take a lots of time before it can be surpassed or it will not be overtaken by any projects that will be introduced from the market, centralized coin that can compete with ETH.
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June 01, 2019, 07:52:31 AM
 #86

I wonder what place they will take on the coinmarketcap? Will they easily dethrone bitcoin or just take the 2nd spot from Ethereum? But man, Facebook will work as a jet fuel for the cryptocurrency huge take off into the moon. Because there is no way that bitcoin will not get paired with that FB coin on all of the exchanges.
Facebook coin will not defeat Bitcoin, I guess Facebook Coin is only an alternative payment on the Facebook platform to facilitate transactions on Facebook.
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June 01, 2019, 11:59:53 PM
 #87

I don't think this will be a good idea, since Facebook is not wholly reliable at all times. But because there are people that fan of using this application, maybe this globalcoin currency will become the new trend in cryptocurrency. Would it be better if we are, bounty hunters are one of the people that will contribute to the success of this coin.

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June 02, 2019, 03:38:44 AM
 #88

I am Just see a news.
And i am existing for it.
Facebook like to launch a cryptocurrency!


 
I think this project successful easily. Becuse, Facebook is most public social site. Many many people use Facebook for communication.  
 

I see this news on: BBC News
Link: www.bbc.co.uk/news/amp/business-48383460
They are on the planning stage, they are working on it and they will launch as announced before the end of the year, this kind of news has helped the price of Bitcoin to move forward and possibly helped it to reach another all-time high, this is something we have to thank to Globalcoin

EdvinZ
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June 02, 2019, 05:19:04 AM
 #89

Facebook is the leader among all social networks in the world. Therefore, when the company creates its own cryptocurrency, it will have some success. Of course, it will be very difficult to compete with Bitcoin. Besides, this year the release of the TON coin from Telegram messenger, which can compete with Facebook's coin, is expected.

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June 02, 2019, 08:06:24 AM
 #90

I don't see any clarification on this on a Facebook company, it is still planning just like what happened last year still rumor that they have going to launch coin or make their own coin but until now nothing happens. Well, if Facebook successfully launched this project as we expected cryptocurrency will pump up all the prices. For sure it will have mass adoption on it because this platform has a thousand or billions of subscribers.

yes, maybe facebook is still planning a better plan when they release it, but anyway the coins they will release will definitely grow quickly and there should be no doubt because facebook is one of the social platforms that existed earlier and became popular in this circles

Its just a matter of type when Facebook release their own coins. The hype and demand of Facebook coin will be very high and those who will manage to get them early can really benefit a lot. If all the users of Facebook start using bitcoins and crypto currencies we can see massive growth in volume and demand of cryptocurrencies.

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June 02, 2019, 08:13:06 AM
 #91

I am Just see a news.
And i am existing for it.
Facebook like to launch a cryptocurrency!


 
I think this project successful easily. Becuse, Facebook is most public social site. Many many people use Facebook for communication.  
 

I see this news on: BBC News
Link: www.bbc.co.uk/news/amp/business-48383460

Until they launch their coin it will be the biggest news for the whole of 2019, everyone is excited to create a thread about Facebook coin because it is history in the making, could be the biggest hype in the history of cryptocurrency and everybody wants to know the full details, but so far there's still no big announcement.

iMark
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June 02, 2019, 11:28:33 AM
 #92

I am Just see a news.
And i am existing for it.
Facebook like to launch a cryptocurrency!


 
I think this project successful easily. Becuse, Facebook is most public social site. Many many people use Facebook for communication. 
   

I see this news on: BBC News
Link: www.bbc.co.uk/news/amp/business-48383460

Wow!! thats a very great news for all crypto lovers. I think this news will be a bomb exploration in crypto industry so that those still does not loving crypto coin must think about this. No doubt that all big company and site also be a part of crypto just time being.
Facebook is free social media, I don't think the cryptocurrency they create will be automatically used by all users, because most Facebook users only use it for chatting, which is free. I don't know it's good or bad news, because it can be a threat to Bitcoin itself right?
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June 02, 2019, 11:40:07 AM
 #93

Such a large company like Facebook established in Cryptoworld with their own coins, then it is very good news for the crypto community. If most of the bigger companies investing in the market, the better the market will go, then the volume will increase in the market will be very good for the crypto-communities. Very good news for us, it would be very good for all crypto-communities.

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June 02, 2019, 12:40:08 PM
 #94

I'm hoping that launching of GlobalCoin by Facebook will create a domino effect on different social media platforms.

This adoption of crypto by Facebook means huge for the crypto world. We know how many people are using Facebook. They will be curious and will do some research about it and it will lead to the them being an investor in crypto already.

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June 02, 2019, 09:41:38 PM
 #95

I'm hoping that launching of GlobalCoin by Facebook will create a domino effect on different social media platforms.

This adoption of crypto by Facebook means huge for the crypto world. We know how many people are using Facebook. They will be curious and will do some research about it and it will lead to the them being an investor in crypto already.
Yes I am very enthusiastic to immediately see Facebook using its Global Coin, because if that happens then everyone who uses Facebook will increasingly understand about Cryptocurrency, and this is a good thing for the progress of Bitcoin.
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June 02, 2019, 11:33:05 PM
 #96

so I know of news will be a stablecoin, and someone know tell me the benefit to the world crypto this currency facebook?
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June 02, 2019, 11:46:36 PM
 #97

so I know of news will be a stablecoin, and someone know tell me the benefit to the world crypto this currency facebook?
I’ve read the news about globalcoin recently and it might be work as a loyalty points so I don’t know if this is their main purpose or its just part of their platform, maybe we can here more speculation before the end of the year. This can become a stable coin since its centralized but expect also that this coin will become more volatile.

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June 03, 2019, 12:44:27 AM
 #98

Isnt it a stable coin?
How to profit from this?
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June 03, 2019, 07:57:02 AM
 #99

Facebook is finally entering the world of cryptocurrency and could become a powerful player in the digital payment market if its globalcoin launch become successful in the future. This plan of facebook might create a significant effect on the crypto industry and many giant comlanies might follow its example. Many crypto enthusiasts are already excited on this development and might also further boost the market in the future.

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June 03, 2019, 08:28:39 AM
 #100

This will be a giant step for the social media creator, Mark Zuckerburg as he sees the potential of cryptocurrency to really be a global currency. Having Facebook as a leverage to launch its own currency just goes to show how the creator believed in crypto. But my question is that, if Facebook solely revolves to connecting people, then how can he use crypto in such? could it be that he will use the site as full blown marketplace like amazon and others? well that is still to be unveiled.

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