Libra the new crypto king

[leetcoiner]

I think it's all a lie.  Because it’s better than a bitcoin king.  And no new coins can compete with him.  I believe in cryptocurrency namely in Bitcoin.

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[jackflag]

Yes, somehow strange, this is all the king was and will be only Bitcoin and which pulls all the other coins along.  but the fact that they are now coming up and transfusing it is not what I would like. A few good coins are needed and not much trash.

[Convery]

Libra is not a king and even that it is not a cryptocurrency  .
Libra is a big joke from big whales and they think that people will use it because they use Facebook. But we saw many times in the history that companies that are trying to develop something diffrent than they are focused will fail. Like Google plus. 

[TrevorS]

Libra is not a king and even that it is not a cryptocurrency  .
Libra is a big joke from big whales and they think that people will use it because they use Facebook. But we saw many times in the history that companies that are trying to develop something diffrent than they are focused will fail. Like Google plus. 

I completely agree. Without the support of the crypto community, the Libra Coin will not be able to reach the planned levels, and housewives and simple hard workers will use the libra only as a means of payment.

[Cryptrx]

Libra is nowhere a crypto king, that title is solemnly reserved for bitcoin. The advantage libra has over other cryptocurrencies is the Facebook platform which will be used to promote it extensively and huge investors that will back it.

[InwardContour]

This sounds so funny, how will you say a centralized upcoming cryptocurrency is the new king? Have you lost it? Do you understand what crypto is all about? Do you think there can ever be a replacement for the pace setter which is Bitcoin? Let me quickly draw your attention that, no bitcoin, no crypto, no blockchain technology. So let's stop such farfetched comparisons.

[Duzter]

Following libra we can expect lot many large scale firms like Facebook to come up with their own cryptocurrency with different accessibility. Maybe to that entire list of coins that'll strike the market in the future libra might get to be the king as it will be the most used one with the increasd users because of its backing by Facebook authority which has a strong userbase.

[entebah]

I think Libar will be a Coin like USDT that has a large volume in market, because Libra is a stable coin like the USDT, so it's likely that Libra is only under BTC when at CMC.

[Crypto5060]

I guess it's too early for this hype!. LIBRA can't just come in and make itself the king like that. We have a good number of Coins we can refer to as Kings before the LIBRA Came in, so it won't be that easy. Though it might make a good name itself in a long run.

Yea for real it needs to proof itself. I keep asking aside serving the function of mass adoption what else can this token do? Its a utility token which could've used other tokens in her platform without developing its own.

[killat]

Libra is stablecoin. The price is not gonna up.

It just opened the door, for billion of un-bank or un-creditcard people to spend their money online or transfer fund globally.

Those libra company's gonna get billion/trillion of profit through fees?
If entire .net world use their service/coin instead of bank / western union?

I think this is a good news for crypto space.
But very bad news for banking and other 3'rd party such as Western Union etc

[Jpti]

I think this coin, Libra will have a huge impact on cryptocurrency market. But it will not pose I think any threat to the coins like Ethereum, bitcoin and others. As far as I know, Libra will be a stable digital coin and it is used as a utility coin. So it seems unlike other coins. Obviously, it is getting a huge hype and it will have a huge impact.

[styca]

I don't think it's the new crypto king. It's merely a big company producing a coin. It doesn't mean the coin itself is anything special. And it's a stable coin anyway, so the price isn't going to soar. It may be good for mass adoption of crypto, but I think that's the only upside really.

[Menawi12]

I don't think it's the new crypto king. It's merely a big company producing a coin. It doesn't mean the coin itself is anything special. And it's a stable coin anyway, so the price isn't going to soar. It may be good for mass adoption of crypto, but I think that's the only upside really.

Agree, I think people overestimate expectations about Libracoin. Maybe because it's published by Facebook that's what makes people think Libra Coin can definitely compete with bitcoin but I'm sure it's hard to compete with bitcoin for the next few moments

[kikoy999]

I think it's also a great possibility to become a new king in cprtocurrency the pound because it is the leader today and more people are investing in it because they know that they can get more money when they invest there.

[herfie.chen]

It's too early to call it new crypto king,  we can see after Libra coin launch and what kind of effect given on cryptocurrency.

[Thanasis]

What makes it to be a kind? Just because of the name facebook?

Its centralized so crypto people won't support it as much as a decentralized crypto currency.

[rafi035]

I think Libra will not be the king of altcoin but it will still bring positivity to the crypto world and people will know that Facebook brings crypto money inside it.

[Atang Sulaeman]

it seems that Libra as the new crypto king is still not right, because the king will still not be replaced by bitcoin,
because libra has not been reduced yet and its use has not been realized. we just wait, and see what will happen later.
what is clear is that bitcoin remains the king.

[Taufik blackspade team]

I think Libra will not be the king of altcoin but it will still bring positivity to the crypto world and people will know that Facebook brings crypto money inside it.

all depends on how functional the coin will be. if they have good functions like BNB at binance I think Libra coins can also give a surprise when they are ready to be traded.

[rafajunior99]

I don't think that Libra coins will become the king of the cryptocurrency world, because I believe that no one can replace Bitcoin as the world's first cryptocurrency king, and Bitcoin will always be ranked number 1 in the coinmarketcap compared to later Libra.