facebook bullshit stable coin, spread this as hard as you can...

[kamBlanV]

I think, Libra Coin liquidity will have good prospects in the future as crypto currency.  I have prepared capital to buy libra.  libra is not a stable coin.  but libra coin will have fast graphics.

[tippytoes]

I think I need a fucking drink after trying to read this thread, and I don't drink.

Why?  So much negativity or speculations? Just chill out and don't be too serious what you are reading. They are only opinion of individuals and just treat them as reading an entertainment section of this forum. People will always give their sentiments towards current issues but it doesn't mean that such sentiments will affect what is going to happen in the future.

[samcrypto]

Nothing to worry about FacebookCoin. We have to thank Facebook for this because people will eventually flock from FBcoin to Bitcoin, Because Bitcoin is decentralized, fully controlled by person and is not stable.

This is still indeed a good adoption after all because facebook started to create big impact, this is what we want as far as I know, for big companies to adopt cryptocurrency and its good because Facebook coin will be backed up by many big companies as well, but of course I still see bitcoin as the good decentralized coin.

[stadus]

Just accept it so you will not feel bad, they are seeing potential to grow their business in crypto so they made a timely decision.
That's not a loss in crypto, it's an improvement we like to see, now big players are coming in but that will not make our old favorite coins to loss its popularity.

[Broly46]

If it’s free it may not be bullshit, after the YouTube’s adspocalyspe, many former ytbers are eagerly looking for replacement to earn ads revenue, fb may pay its users to create contents that generate lucrative income. But I doubt they will just give it away easily.

[RomanPetrush]

Facebook stable coin for sure is not so good. Good thing that FB accepts cryptocurrency as itself. That means that somebody bought Libra coin would think that he in a cryptocurrency world as well. And this person sooner or later will buy BTC.

[EdvinZ]

Any high-tech company is now thinking about creating its own digital currency. This can be explained by the fact that this step can greatly popularize such a corporation. Blockchain in the activities of any company emphasizes its success and adaptability. I see it like this.

[Vishnu.Reang]

Facebook stable coin for sure is not so good. Good thing that FB accepts cryptocurrency as itself. That means that somebody bought Libra coin would think that he in a cryptocurrency world as well. And this person sooner or later will buy BTC.

Is coinmarketcap going to recognize the FBcoin as a valid cryptocurrency and add it to their list? In that case the total cryptocurrency market capitalization might grow significantly, but the Bitcoin dominance may drop (57% currently). But I have no doubt that it will have a negative impact on BTC. At least some of the users may sell their BTC for the new coin.

[lukew]

Why?  So much negativity or speculations? Just chill out and don't be too serious what you are reading. They are only opinion of individuals and just treat them as reading an entertainment section of this forum. People will always give their sentiments towards current issues but it doesn't mean that such sentiments will affect what is going to happen in the future.

It's more one particular person who's posts nearly gave me a hernia trying to read them.

[shinharu10282016]

there out bots that spread all 0ver the web to stay away from this coin...and other channels that spread this info 

in the end it will be like his idea p0ke on facebook which was dead after short time...

but still huge amounts of channels om twitter and youtube and other say to stay away from it


...

Does the bot include you, sir? If it is real that it would be a bullshit stable coin/cryptocurrency, there is no need for you to spread such Fear, Uncertainty, and Doubt to their project. Plus, if I know this is some kind of crap to really pursue people to buy the coin. Some reverse marketing you have here folks. Good job.

[partysaurus]

while facebook and other that fall to this trap like big companies at last apple and other giant companies stand with us...

and say its complete crap joke and in real its crap relative to smart people....other will fall to this trap for sure

but we all remember the creativity of zuck with poke idea and other shit he tried to make which was died very fast the same will be with this coins...

there out bots that spread all 0ver the web to stay away from this coin...and other channels that spread this info 

in the end it will be like his idea p0ke on facebook which was dead after short time...

but still huge amounts of channels om twitter and youtube and other say to stay away from it


...

we knew this would happend , that some big companies would make their own shit coins to cash in on the whole crypto boom, and i think alot of "casual" crypto investors or first timers will fall for this bullshit and invest in them.

[thecodebear]

Facebook stable coin for sure is not so good. Good thing that FB accepts cryptocurrency as itself. That means that somebody bought Libra coin would think that he in a cryptocurrency world as well. And this person sooner or later will buy BTC.

Is coinmarketcap going to recognize the FBcoin as a valid cryptocurrency and add it to their list? In that case the total cryptocurrency market capitalization might grow significantly, but the Bitcoin dominance may drop (57% currently). But I have no doubt that it will have a negative impact on BTC. At least some of the users may sell their BTC for the new coin.

No.

It's a stable coin. Nobody sells a growing asset for a stable coin except when taking profits, and there are already stable coins on the market (or just selling to fiat). Globalcoin is not something you "invest in".

It either won't have much of an impact or it will help Bitcoin by getting more people into cryptocurrencies and possibly providing a huge onramp for hundreds of millions of people to get into bitcoin (if it becomes possible for globalcoin to interact with cryptocurrencies, like trading on exchanges).

[duglin]

We don't need centralized fraudsters who steal our info in crypto..

[darklus123]

this is what i mean most of the people comment in this post think they will be rich and other shit, the biggest red flag if visa and paypal inside the project its not peer to peer coin, in peer to peer middle man like visa and paypal cannot be very simple fact even kids know this yet most of the people here some how dont understand this kind of tech and other important things

but it will never will be bitcoin and cannot be from tech prespective but this is why i help to the good ones here to save them from trap and false hopes.

but this coin will end like the idea of poke on facbook and other ideas mark was bring which was huge fail.

mark is great in copy past other apps we saw this million time with snapchat and dating and kik and other apps he try to copy them to compete and be creative and bring his own ideas he is far away fromm this, the same with his shit coin will be like the idea of poke which died very fast

So As I have expected, according to Mark Mahaney and Zachary Schwartzman the said stable coin is going to be used for payments,ecommerce and gaming inside facebooks system. Therefore it is more likely to run only on their system and there is actually nothing wrong about it.

The facebook management is a fun of Satohi's work and have influenced them to create the said coin. The management is looking on the far future where they are convinced that someday cryptocurrency will surely dominates the current FIAT system and being them who have adopted it earlier will surely benefits their company. As they already are a crypto friendly company

OT: I just find it funny how most of the users here thinking that they know alot of things already about the said certain creation of centralized coin. You don't need to invest to this. Unless you want to purchase or use their service so stop acting like it is the end or this will badly hurt the crypto economy

[Yakamoto]

this is what i mean most of the people comment in this post think they will be rich and other shit, the biggest red flag if visa and paypal inside the project its not peer to peer coin, in peer to peer middle man like visa and paypal cannot be very simple fact even kids know this yet most of the people here some how dont understand this kind of tech and other important things

but it will never will be bitcoin and cannot be from tech prespective but this is why i help to the good ones here to save them from trap and false hopes.

but this coin will end like the idea of poke on facbook and other ideas mark was bring which was huge fail.

mark is great in copy past other apps we saw this million time with snapchat and dating and kik and other apps he try to copy them to compete and be creative and bring his own ideas he is far away fromm this, the same with his shit coin will be like the idea of poke which died very fast

So As I have expected, according to Mark Mahaney and Zachary Schwartzman the said stable coin is going to be used for payments,ecommerce and gaming inside facebooks system. Therefore it is more likely to run only on their system and there is actually nothing wrong about it.

The facebook management is a fun of Satohi's work and have influenced them to create the said coin. The management is looking on the far future where they are convinced that someday cryptocurrency will surely dominates the current FIAT system and being them who have adopted it earlier will surely benefits their company. As they already are a crypto friendly company

OT: I just find it funny how most of the users here thinking that they know alot of things already about the said certain creation of centralized coin. You don't need to invest to this. Unless you want to purchase or use their service so stop acting like it is the end or this will badly hurt the crypto economy

People are saying that it's the end because it's the mythos of a large company trying to dip their hands into cryptos. I personally don't think it'll have any effect, just like how all the various altcoins that have come to exist haven't really done anything against Bitcoin but have been beneficial in the growth of Bitcoin and the crypto economy in general. I'd almost say that the hype/FUD is similar to that of the "Ethereum flippening" that was popular in 2016(?). Lo and behold, Ethereum is still below Bitcoin and it isn't a concern. Both exist in relative harmony and complement each other with their own tech. I don't think that FBCoin will really exist as a major player in any way and will likely be more of an in-house gimmic for Facebook users.

[EdenHazard]

If it’s free it may not be bullshit, after the YouTube’s adspocalyspe, many former ytbers are eagerly looking for replacement to earn ads revenue, fb may pay its users to create contents that generate lucrative income. But I doubt they will just give it away easily.

Facebook is the giant company the will do anything easily. Pay some people with the huge amount of money to spread that the coin will they made will replace bitcoin as a crypto which had a bunch of users. But, for those people who aware of this kind agenda will never fall to them, because somehow facebook is centralized coin not real decentralized coin so as sooner or later if they are unable to maintain their credibility I believe the coin will fall to sunk. 

[Bitcoinqubit]

https://www.reddit.com/r/CryptoCurrency/comments/c1l9qy/facebook_coin_will_steal_all_of_your_data/

[Bitcoinqubit]

People don't care. They've been using CCs, then PayPal, then Venmo and no end in sight. And many cryptonians aren't better, they send full KYC documentation to shady businesses for airdrops worth a few dollars. The world is fucked.

[Bitcoinqubit]

If it’s free it may not be bullshit, after the YouTube’s adspocalyspe, many former ytbers are eagerly looking for replacement to earn ads revenue, fb may pay its users to create contents that generate lucrative income. But I doubt they will just give it away easily.

Facebook is the giant company the will do anything easily. Pay some people with the huge amount of money to spread that the coin will they made will replace bitcoin as a crypto which had a bunch of users. But, for those people who aware of this kind agenda will never fall to them, because somehow facebook is centralized coin not real decentralized coin so as sooner or later if they are unable to maintain their credibility I believe the coin will fall to sunk. 

the project will be huge fail remember my words ** there out tons of bots spread it 24/7 to save and help noobs and be broke for false hope from this kind of scams of stablecoins....

[Bitcoinqubit]

deep state crap. To sad. To Evil.