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Author Topic: Facebook Cryptocurrency  (Read 10285 times)
EdenHazard
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June 19, 2019, 06:12:19 AM
 #41

I am determined to buy FB coin Libra even though it is not available yet. I hope it is available on exchanges where i can buy easily.

Will it be a threat to BTC and other altcoins? I am afraid that the prices of BTC and other altcoins will go down. It makes me hesitate to buy some currencies like TRX currently.
The libra coin hasn't traded on the exchange and also the libra coin will be traded on their exchange platform which called as callibra. You have to wait until this year end because for now it's just an announced about whitepaper. I don't believe libra coin will have a high price since if you read its whitepaper then you won't have a think that libra coin will have a volatile price. The price movement as like USDC on stock exchange, if you ever trade on forex then you will how the price up and down.

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trickyriky
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June 19, 2019, 04:20:04 PM
 #42

I am determined to buy FB coin Libra even though it is not available yet. I hope it is available on exchanges where i can buy easily.
Will it be a threat to BTC and other altcoins? I am afraid that the prices of BTC and other altcoins will go down. It makes me hesitate to buy some currencies like TRX currently.
I think FB will successfully launch the coin but I don't think it is a threat to BTC or other altcoins. Instead, FB launches coins, people will start to know the world of crypto and that is support for crypto in the future.

As I know it is supposed to be a stable coin. It will be not a threat to any cryptocurrencies. The workers of the company will even get their salary in this currency. Probably, it will gain popularity very fast, especially in the countries where the economy is in very poor condition. Facebook, using this coin will be able to make money transactions faster and cheaper than now.
Mr.Zero
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June 19, 2019, 04:33:49 PM
 #43

Don't you really believe with LIBRA Facebook coin.
I know it from Facebook brand and we can say if that is once biggest social media platform in the world.
But in cryptocurrency LIBRA is just born and we don't know what will gonna happen with it.

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indrakusumaindra
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June 19, 2019, 04:39:26 PM
 #44

I am determined to buy FB coin Libra even though it is not available yet. I hope it is available on exchanges where i can buy easily.

Will it be a threat to BTC and other altcoins? I am afraid that the prices of BTC and other altcoins will go down. It makes me hesitate to buy some currencies like TRX currently.
Well i think they are trying to make a stable coins, and i dont see any kind of meaning to investing in stable coins, cause it will be stable. I do think libra coins from facebook is really good cause they got a big company behind it. But for investments i dont think so, cause i believe its only become a trusted coins for transactions and not for investments.

delarossa
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June 19, 2019, 04:46:16 PM
 #45

I think if Facebook launched own coin they will be listed into the big exchange maybe will be use IEO method too for promotion their coin. This is just my opinion and actually i don't really know what the real strategies will Facebook made.

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sri.bima
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June 19, 2019, 05:56:36 PM
 #46

I see Facebook Coin (Libra) being a very busy topic of conversation this week. Honestly, I continue to be curious about this news that has made hot news. I will also look forward to when register on the exchange, and I will buy it to answer this curious. I don't think this is a real threat to Bitcoin, but it does need to be a special concern. I hope to enliven the cryptocurrency market.

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Oppo57
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June 20, 2019, 06:33:59 AM
 #47

So many people and so many country are against facebook Libra cryptocurrency. I also think is not good for crypto platform.

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cahbagus555
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June 20, 2019, 07:11:41 AM
 #48

I am determined to buy FB coin Libra even though it is not available yet. I hope it is available on exchanges where i can buy easily.

Will it be a threat to BTC and other altcoins? I am afraid that the prices of BTC and other altcoins will go down. It makes me hesitate to buy some currencies like TRX currently.

I think Libra Coin is not a threat to cryptocurrency but instead increases transactions that occur on the market. With the support of major Facebook companies, I think Libra Coin will attract many investors and have strong liquidity
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June 20, 2019, 07:47:52 AM
 #49

I think by buying Libra coins will affect the price of bitcoin, Libra coins will be launched in 2020, where Bitcoin is halving, affecting the price of bitcoin which is increasingly expensive, feared there will be many investors who turn away from bitcoin and choose new coins.
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June 20, 2019, 11:47:28 AM
Last edit: June 20, 2019, 12:06:39 PM by hell_slayer
 #50

I think facebook libra coin is not good for cryptocurrency platform. It's effect for some crypto big platform. It's not good for btc amd erc20  stage.
Libra coin is just another one stable coin for cryptocurrency market , that issued by facebook in collaboration with other big companies . I don't see how this steblecoin can directly affect the price of bitcoin , but as it was said earlier, next year btc halving will occur and this fact will impact on BTC price. Facebook and all other companies will simply try to earn money during upcoming crypto hyip by issuing their own cryptocurrencies .

TheGreatPython
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June 21, 2019, 06:46:26 AM
 #51

I am determined to buy FB coin Libra even though it is not available yet. I hope it is available on exchanges where i can buy easily.

Will it be a threat to BTC and other altcoins? I am afraid that the prices of BTC and other altcoins will go down. It makes me hesitate to buy some currencies like TRX currently.
Ha, for what? I see no zero threat at all of Facebook coin to Bitcoin, it can be to other coins, but to Bitcoin, it is not. What do you think people are crazy about when it comes to cryptocurrency? I believe that it is the decentralized system of it that makes people want to hold Bitcoin for transaction which Facebook coin will not portray at all.

Facebook coin is a centralized coin which I even learn that it will only be used internally, so before you jump into Facebook market and buy their coin, be very sure it will be useful to you, don’t expect this coin to make you money, stable coin from Facebook will have no growth, only going to be pegged to a currency and be used within their system for purchase of any of their products.
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June 21, 2019, 06:53:33 AM
 #52

I am sure that Libra will be a tough competing coin in the world of crypto currencies. With the support of Facebook, the libra will be more easily accepted by the community. Libra will be a much purchased coin because of course many people are curious about this coin. I'm sure Libra will easily get trust from the public. Libra will not be a threat to bitcoin and other altcoins, but I see that Libra will be a challenge for crypto currency coins to compete with each other to display the best benefits.
BluRPie
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June 21, 2019, 06:57:36 AM
 #53

I think it will be an interesting story. But people already don’t trust them with their data, this is going to become a nightmare for Facebook.
katerina5643
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June 24, 2019, 08:27:38 AM
 #54


ofc, facebook intends to capture some part of the cryptocurreny market in order to give all people acess to basic financial services.
btw,regards to this thread.i've found related article so u can read & figure out more.
here's a link.
https://finance.yahoo.com/news/facebook-inc-fb-wants-more-220415665.html
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June 24, 2019, 08:39:32 AM
 #55


If they have to distribute their coin I think they'd be doing it on facebook itself. The users who had verified accounts and had submitted documents to facebook and connect thru thier mobile. Its going to make their job easy that way. When their libra is up, you can buy easily when you have done all these.

WalkerIVIV
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June 24, 2019, 08:51:10 AM
 #56

I think by buying Libra coins will affect the price of bitcoin, Libra coins will be launched in 2020, where Bitcoin is halving, affecting the price of bitcoin which is increasingly expensive, feared there will be many investors who turn away from bitcoin and choose new coins.
Stop think you can buy libra easily even when company is still feeling so difficult to deal with US regulators
https://www.bbc.com/news/technology-48688359
Facebook has already paused libra due to the US regulator's order.
Libra will get another delay and it will come to us later 2022
Bitcoin is a winner and hope new ATH soon.

MisterLangley
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June 24, 2019, 10:24:58 AM
 #57

The project from Facebook coins is really there to be able to produce libra, while the coins that BTC needs are actually not from the things that maybe from the first year we have been recommended and there are some threats that make Altcoin worry about significant work
 
Darkoth89
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June 24, 2019, 10:32:22 AM
 #58

I think by buying Libra coins will affect the price of bitcoin, Libra coins will be launched in 2020, where Bitcoin is halving, affecting the price of bitcoin which is increasingly expensive, feared there will be many investors who turn away from bitcoin and choose new coins.
Stop think you can buy libra easily even when company is still feeling so difficult to deal with US regulators
https://www.bbc.com/news/technology-48688359
Facebook has already paused libra due to the US regulator's order.
Libra will get another delay and it will come to us later 2022
Bitcoin is a winner and hope new ATH soon.

Libra isn't going to be a competitor of Bitcoin anyway. A coin created by Facebook, a a company that collects information about it's users, tracks them and spies on them shouldn't even be compared to Bitcoin.
altcoinhunter01
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June 24, 2019, 01:14:51 PM
 #59

It is not possible to buy Libra coin because of till now it is not available anywhere in any exchange or ICO/IEO. No coin is a threat to any coin. As this is a wide market.

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bittraffic
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June 24, 2019, 01:37:08 PM
 #60


If all this facebook coin will be hype the whole year and the next, I think there will be more scams in the libra coin later one. There was thread lately which OP was doing ICO with the libra coin, its a scam and was stopped right away. But given that Real facebook libra coin will be released by next year, this will give time for the scammers to mimic professional looking website to emulate facebook Libra coin's site.

It was said in the youtube video I watched that Libra can be earned by facebook users. So you just wait till the release.
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