yvesp110
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June 23, 2019, 08:29:54 PM |
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I don't really believe in the coins that were recently released because we don't have too many enthusiasts, and we learn from experience that not all new coins succeed in this cryptocurrency, even a lot of new coins that only last for a while, don't run out have a good price or volume change, so I don't believe it fully
Of course it is not going to be the crypto king at all but it definitely is going to give other coins a tough time in the market. It is going to make it lot easier for people to buy and sell crypto and transact the money around the world with many different and other services as well which makes it pretty attractive to invest in. But the question if it would outshine other coins is still a question.
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cupruri
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June 23, 2019, 09:08:06 PM |
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Until now Libra has absolutely no effect on the crypto industry. I have hoped that the launch and the token creation of such a big coin, will provoke the market raise, but nothing happened and it is very sad guys.
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Denton
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June 23, 2019, 10:46:40 PM |
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This coin is unlikely to take the place of the king of cryptocurrency.Of course, it will have a great impact on the market, but not as much globally as you wrote.
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trumplove
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June 23, 2019, 10:59:02 PM |
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This coin is unlikely to take the place of the king of cryptocurrency.Of course, it will have a great impact on the market, but not as much globally as you wrote.
the king at Crypto are difficult to replace and maybe there is nothing better now than Bitcoin. maybe there are still good ones but to defeat and change the position of king of coins is not easy.
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coino.org
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June 23, 2019, 11:05:13 PM |
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No way, mate. libra is a stable coin and I don't think that true crypto adopters will ever use this centralised coin. As for me I am definitely against using libra, because now facebook knows everything about you, even your payments history
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malikusama
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June 24, 2019, 12:01:40 AM |
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Too much hype created across the internet about this coin. Although it may bring some awareness among public for using cryptos but it is a fact that a CENTRALIZED coin can never be a crypto king, it will remain a stable coin like other stable currencies.
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Flor1982
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June 24, 2019, 12:38:14 AM |
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I guess it will be the king of Altcoins and second to the Bitcoin. Ethereum already made a lot of changes and developments by making the blockchain transactions to become more comfortable in which Ethereum platform was now commonly used by most of the Alts and ICOs to support their projects but still it was not able to supersede Bitcoin so for me Libra might replaced Ethereum but not the Bitcoin.
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xysheeh03
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June 24, 2019, 12:47:29 AM |
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It is not that easy to say for libra to be the new crypto king. Pershaps it should show any good progress that brings many crypto enthusiast big earnings. Like now bitcoin shows good activity in the market and i think no other crypto can replace it as the king of crypto.
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Caladonian
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June 24, 2019, 12:53:40 AM |
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I guess it will be the king of Altcoins and second to the Bitcoin. Ethereum already made a lot of changes and developments by making the blockchain transactions to become more comfortable in which Ethereum platform was now commonly used by most of the Alts and ICOs to support their projects but still it was not able to supersede Bitcoin so for me Libra might replaced Ethereum but not the Bitcoin.
Too early for that as it's needs to prove its worth before overtaking existing Alts, and with bitcoin replacement to be called as a crypto king that will also needs to show something from the community whereas bitcoin already show its existence and staying at the top, decentralized against centralized depends to whom will going to use the service and how they see the potentials.
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veekky
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June 24, 2019, 01:10:20 AM |
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Do you really think so? Yeah, probably because of libra facebook users will enter crypto, but there aren't high chances for that. To my mind this coin isn't blockchain based
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bitgolden
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June 24, 2019, 06:32:18 AM |
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No matter the money Mark Zuckerberg spends on creating the hype for Libra, it is absolutely impossible now for Libra to be crypto king, what Facebook is trying to create is more like him creating more enemies for himself, and there are people who has been in this industry for too long for Libra to wipe them off. Those guys too will not give in without a fight which will be part of the limitations,whatever added feature Facebook is adding to its coin, I am sure other competitor would have gotten the clue too and working had now to present it to their users ahead of Facebook coin release. There are so many crypto players in this industry that Facebook cannot beat.
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davinchi
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June 24, 2019, 06:36:19 AM |
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Why did you shilling about Libra ? Just because the connection to facebook, won't make this coin a king of coins. Do you think the Libra market cap will surpassing bitcoin market cap ? There are already many coins created in cryptocurrency, but no one can beat bitcoin.
yep, i agree with you, all people knew if facebook is a huge company but doesn't mean libra will replacing bitcoin as the king of crypto simple reason, because without bitcoin, libra will never born right ? I love the way Facebook coin is coming at this time, this will be a proof to government and the world out there that Bitcoin is a very good project when they see with their eyes how Libra will still not be able to bit Bitcoin as popular as Facebook is, then they will pay more attention to Bitcoin. Whatever Good luck feature Bitcoin added to their platform is really working for them, because virtually everyone including me is of the opinion that we can never dump Bitcoin for anything called Libra, Bitcoin will always remain in our heart. Do you know how many people Bitcoin has taken out of poverty?So how can they compare Facebook whose coin is just an ordinary stable coin to a coin that has multipurpose function.
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Sacramentus
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June 24, 2019, 06:39:58 AM |
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You guys should stop creating hype around the libra project calling it a crypto kind is absurd and very unprofessional. If you guys ever think that libra coin will come and surpass bitcoin, then you have a lot of thinking to do.
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[ IQ ] cash ▐ THE MASTERNODES CRYPTOCURRENCY ████████████ [ https://iq.cash ] ████████████
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Seeker#9
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June 24, 2019, 07:12:39 AM |
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I think there is only one crypto king and that bitcoin and the soon to be created Libra is a type of stablecoin, pegged with the value of some fiats like dollar, meaning, its price will be steady, will not go up nor down. Libra won't going to compete against bitcoin or any cryptocurrencies and instead, it will help each other achieve their goals. Lubra is like xrp, a centralized currency, the only difference with them is xrp fluctuates rapidly while libra has fixed price.
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TheClownSong
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June 24, 2019, 07:23:35 AM |
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You guys should stop creating hype around the libra project calling it a crypto kind is absurd and very unprofessional. If you guys ever think that libra coin will come and surpass bitcoin, then you have a lot of thinking to do.
I am agree, when Facebook launches Libra Coin, a lot of good analysis about Libra Coin. But I'm not sure Libra Coin will be the king of cryptocurrency because in the end the market will determine. I think, bitcoin cannot be compared to Libra Coin because bitcoin has started to be recognized as a digital asset
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freedomgo
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June 24, 2019, 07:26:01 AM |
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Crypto is known because of decentralization and I think Libra is not decentralize therefore it cannot be a king in crypto. That's my own definition only, there's so much hype about Libra but it hasn't proven yet, we need to see it first if it can sustain here like bitcoin.
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Chika08
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June 24, 2019, 07:32:16 AM |
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I think it's high time people stop hyping this projects it's beginning to pass me off. A project that is yet to be trades and it's Faith yet to be decided and people already comparing it with a Coin that is over 10years in existence
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tortellino
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June 24, 2019, 07:51:22 AM |
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here is nice article about the key differences between Libra and Bitcoin: https://seekingalpha.com/article/4271247-facebooks-libra-vs-bitcoin-5-key-differencesbeside that the view on libra should be a bit differentiated. Beside FB making a big step into the market of financial service providers and the inherent concerns about privacy my personal main concern is how governments will react to that...more concretely what "chances" will governments take out of Libra. Here in the EU there are thoughts from politicans that the EU could make an "EU-Coin" in comparison to libra, which will have the effect of "cash abolition" and make the citizens absolutely transparent in every aspect of your daily life. So my deepest fear is not FB, beside i didnd´t like the company and model at all, but governments, which could use Libra as a trojan horse for laws and monitoring. There should be the key view of the further developement!
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Bitze
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June 24, 2019, 08:38:00 AM |
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libra and the companies involved have a tremendous power. they can really stir up the market and also provide a lot of movement. people who have been there for a long time are not necessarily happy about that. but for all people who have first contact with crypto through libra, it is certainly a big thing. whether it is good or bad for the whole of humanity is difficult to say at the moment ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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