Is Global Facebook Coins Good To Buy?

[Anc92]

The only reason I'm looking forward to this is that it could help with exposure for the blockchain industry as a whole.
I don't see it's potential at turning much of a profit though as it's most likely going to be a stable coin.
If I want to invest, I'll look coins with viable uses cases like this.

[geegaw]

Facebook has a name that is so big that it is likely that global coin can succeed and reach a high price, it is supported by the power possessed by Facebook. like what happens to binance coins, the background is the main factor why Bnb can reach such a good level. so global coin is something that has very good prospects, let's invest and we will get various benefits when selling it in the future.

Well, from the elements of resources and support, the facebook coin will probably bring us benefits as soon as it is launched, so investing in it early can be a reasonable choice for us but in the long run, we should limit our participation in facebook coin when oscillations will become very low. Because this global event is probably too big, it attracts a lot of attention and observation from the government, under the situation where tax can be collected from this investment, facebook coin will become a place for us to automatically pay taxes to the government, even the government will always stabilize prices, not allowing pumping to happen

[Mux@]

If it's going to be a stable coin then it's not something you want to buy as an investment, just something to use. As a speculator you will want to stick with bitcoin instead then change to globalcoin when you want to buy something

I totally agree with you. There's no point holding these coins for future growth. It will be a coin similar to Tether (USDT), which will be useful for fixing your profits. I think that Facebook will probably use this coin as payments among its users. The audience of this social network is huge and if Facebook establishes even a minimum Commission for these internal payments, it will receive huge profits from user transactions.

[didzi]

The only reason I'm looking forward to this is that it could help with exposure for the blockchain industry as a whole.
I don't see it's potential at turning much of a profit though as it's most likely going to be a stable coin.
If I want to invest, I'll look coins with viable uses cases like this.

yeah, this coin will be a very fenomenal coin, and because of this coin born in this industry, and will bring a free promotions to all cryptocurrency especially for bitcoin and blockchain tech 

[aderidwan98]

I don't know, but it seems that Libra will be stable as well as USDT, but if he is like other coins, this high fluctuation will be interesting

[Fredomago]

I think its good to buy , i dont know its going to stable coin but with facebook user around the world and its coin gonna be payment on facebook ads thats a massive think can happen on global market

It can ride with the popularity of Facebook, for sure it will be depends on how the marketing will work with this project
whatever offers and how it will attract investors who uses Facebook to also support this coin. good impressions from
users of the social site means success to this project.

[mindrust]

The only reason I'm looking forward to this is that it could help with exposure for the blockchain industry as a whole.
I don't see it's potential at turning much of a profit though as it's most likely going to be a stable coin.
If I want to invest, I'll look coins with viable uses cases like this.

yeah, this coin will be a very fenomenal coin, and because of this coin born in this industry, and will bring a free promotions to all cryptocurrency especially for bitcoin and blockchain tech  

It'll be a stable coin which kills all the hype about it.

If it wasn't a stable coin, they could have had x100000 of the current hype. Tether or USDc are already available as stable coins why even get facebook coins? Facebook doesn't even sell any products to the end users. It doesn't make any sense.

[putra goromo]

Rebecca Harding, former chief economist at the British Bankers Association, noted that Facebook does not regulate like a bank and there is no cryptocurrency regulated by means of fiat currencies. In addition, GlobalCoin Facebook must pass all KYC (Know Your Customer) regulatory checks and anti money laundering (AML) procedures.

[ryzaadit]

The answer is "NO" Why? Because Globalcoin it's a stable coin their value its fixed rate 1:1 you cant expecting the value will increase because of its a stable coin. I think the purpose of creating global coin, will be used for their own marketplace.

[leea-1334]

The only reason I'm looking forward to this is that it could help with exposure for the blockchain industry as a whole.
I don't see it's potential at turning much of a profit though as it's most likely going to be a stable coin.
If I want to invest, I'll look coins with viable uses cases like this.

Just looking at what you wrote about Facebook coin tells everybody what they need to know about the industry. They think people using Facebook can get crypto exposure and this is good for Bitcoin,,, they think they can make profit from it,,, and they think altcoins like ecomi has viable use cases.

FBcoin is altcoin is free money for Mark Zuckerberg.

[Cacingkemi]

The answer is "NO" Why? Because Globalcoin it's a stable coin their value its fixed rate 1:1 you cant expecting the value will increase because of its a stable coin. I think the purpose of creating global coin, will be used for their own marketplace.

The most appropriate answer stablecoin does't have any benefits at all only for the transfer of funds, Its better to invest in other ALT like LTC or doge.

[quality.crypto]

The answer is "NO" Why? Because Globalcoin it's a stable coin their value its fixed rate 1:1 you cant expecting the value will increase because of its a stable coin. I think the purpose of creating global coin, will be used for their own marketplace.

Yes, even they are going to pay the employees on the basis of the cryptocurrency coin only, for holding the coin i heard somewhere they are going to pay interest for the Facebook coin, Still, we need to see many questions arising which we are going to get the answers for all those in the coming days.

[arpon11]

The only discussion currently opposing the crypto world is the arrival of the original social media cryptocurrency, Facebook, GlobalCoin.

Citing reports from Information, GlobalCoin can be done this month. BEFORE ENJOYED, GlobalCoin has been used in the Real World

Complete information can be visited https://cryptoharian.com/apakah-globalcoin-facebook-bagus-untuk-dibeli/

I did not no much about this globalcoin and If it is Facebook that own it then it is going to be centralized. I have been coming across some information on this coin but have not spend time to read them and know the aims and objective of this coin and holding it well be good if it is not centralized or is not one of the stable coins we currently have in cryptocurrency market. Instead of holding stable coins, it is better to hold real currency in your bank account! I see no much difference except for ease of trading.

[JeBro]

If Facebook really launches its own crypto token, then I imagine what kind of hype will unfold around this event, as well as around the entire cryptocurrency market. Surely in this case there will be a crazy growth of the main cryptocurrencies, a huge number of new investors will come to the crypto market.

[fullhdpixel]

This will be very good if the Facebook has come with the global stable coin. Because, as you know Facebook is the giant in the social media industry. This coin of the Facebook may subscribe within a day as the company itself is very profitable and can give the investors better return. But, the big problem is that till now Facebook has not officially announce such a movement.

Hey are giants of social media which is why they should have sticked with what they know how to do best, because this is a different field already and they might not be able to perform well as much as they think they would. Look at Steemit, who would have ever thought that they will one day have issues like the ones they are having presently.

Facebook might not be able to handle this well, because I still don’t see why the coin they are trying to create is necessary when we still have so many coins that are in the market and other stable coins that is still struggling to keep up with their activities. Let’s see how they will compete with tether though.

[airdagon]

Maybe this global coin from Facebook will revolutionize crypto in this world, maybe later there will be many social media companies that will make the same project, but maybe Twitter will follow in the footsteps of Facebook

[xsantana]

Facebook will use a consensus algorithm system similar to Delegated Proof of Stake (dPOS) as it has been used by EOS and Tron. The allegation is based on information from "insiders" that later parties who want to run one node in the GlobalCoin blockchain network will be required to pay around US $ 10 million on Facebook.

[cunguks]

Maybe this global coin from Facebook will revolutionize crypto in this world, maybe later there will be many social media companies that will make the same project, but maybe Twitter will follow in the footsteps of Facebook

I don't know, because this will be good news when events that occur can increase adoption of crypto. if what is done by Facebook does not make investment into the market globally, I think it will be difficult or even not be anything on the market.

[mirakal]

Maybe this global coin from Facebook will revolutionize crypto in this world, maybe later there will be many social media companies that will make the same project, but maybe Twitter will follow in the footsteps of Facebook

I don't know, because this will be good news when events that occur can increase adoption of crypto. if what is done by Facebook does not make investment into the market globally, I think it will be difficult or even not be anything on the market.

That possibility is not far from happening in the future, this is facebook venturing in crypto, so expect the rest will follow.
Just use a simple analysis, they would not be in crypto space if they don't see more potential here, but of course we will not leave bitcoin behind, let's still make it the number 1 in the market.

[roosbit]

With facebooks influence in the social world this could either be a bad or good coin depending on their approach in different countries, but I foresee lots of legal work being done to make this a coin to be used everywhere in the world as they are likely to operate in a regulated environment unlike other cryptos such as bitcoin. But should we be buying this coin,well maybe yes as they have a market to expand in and potential for more cryptos is abundant.