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Author Topic: Libra coin over Bitcoin is that possible?  (Read 7005 times)
telexnetwork
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June 22, 2019, 11:24:56 PM
 #61

libra is not cryptocurrency you guys should take not of that
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June 22, 2019, 11:33:49 PM
 #62

The Facebook cryptocurrency coin Libra is now the talk in the cryptocurrency market, people says it will take over bitcoin soon.
But to me is that going to be possible, I took bitcoin years to reach were it is now and as the best coin in market and the first cryptocurrency its not that possible.
Lots of coin wit great ambitions have come knocking to take over from bitcoin but non could.
Will Libra be able to do so?
Libra is in a position that is so good in the market, this strength is due to the big name that Facebook has. even though Libra is currently projected to be stable in the calculation at this time. But this power might be above Bitcoin, but it takes a long time. let's talk about the future and we are waiting for a much better situation towards the development of the existing digital currency market. Libra has potential because Facebook is a very large company.



Yeah right that's the advantage of libra over bitcoin the popularity of the company behind that project, but always take note even libra can race the bitcoin price value I still believe bitcoin is the king of crupto without bitcoin all alternative crypto coins are usless.
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June 23, 2019, 07:48:34 AM
 #63

Nobody knows because Libra Coin not yet launched, take ovet Bitcoin i think is not easy for Libra coin. Everybody know Bitcoin and have used as an investment and digital payment.

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June 23, 2019, 08:37:19 AM
 #64

Libra cant function like Bitcoin  and it can never take the place of Bitcoin and neither will Bitcoin take Libra position. Bitcoin is simply an investment tool while Libra cryptocurrency is developed to function as a medium of exchange . It is a stable Cryptocurrency . The question i expect you to ask is if Libra override the existing Stable coins ? I believe Libra will serve as a vessel that will take Cryptocurrency into Global audience and facilitating mass adoption. Libra will never have negative impact on Bitcoin, it would rather have positive impact on Bitcoin and Altcoin in general.
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June 23, 2019, 10:16:04 AM
 #65

I do not deny the potential and popularity that Libra will have from Facebook, but it is not comparable to Bitcoin. Bitcoin is the king of Altcoins, no coins can replace it.
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June 23, 2019, 10:29:02 AM
 #66

No, one will never replace each other

It is 2 different coin with 2 different use cases
Furthermore, one backup by a basket of reserve currencies
One value comes from the blockchain pioneer itself


So nope

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June 23, 2019, 03:30:07 PM
 #67

Its true Libra coin will bring many changes and competative edge in cryptoworld but to overcome Bitcoin need alot home work and time.Bitcoin  is always kind libra coin can take place of queen.
Bitcoin give way to the world to be your own bank and move around the world cashfree.

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June 23, 2019, 04:49:11 PM
 #68

libra is not cryptocurrency you guys should take not of that
It's crypto but much more centralized like sidechain that being controlled by the company that issued that token or crypto. but the good news about that if that was a stable coin as stated by the libra team.
it's not a threat for crypto and that just like another marketing for crypto.

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June 23, 2019, 04:55:52 PM
 #69

The Facebook cryptocurrency coin Libra is now the talk in the cryptocurrency market, people says it will take over bitcoin soon.
But to me is that going to be possible, I took bitcoin years to reach were it is now and as the best coin in market and the first cryptocurrency its not that possible.
Lots of coin wit great ambitions have come knocking to take over from bitcoin but non could.
Will Libra be able to do so?
We are comparing a stale crypto currency with bitcoin.

Both uses blockchain but the coin from facebook is centralized so it is not an alternative of people think fiat money is not needed in future.

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June 23, 2019, 05:31:13 PM
 #70

We are comparing a stale crypto currency with bitcoin.

Both uses blockchain but the coin from facebook is centralized so it is not an alternative of people think fiat money is not needed in future.
but in the future also requires digital assets that have a stable value. bitcoin and many altcoins have very fast changing values ​​depending on market demand. then what are the assets like this that we can use for payment in the future?
Libra will develop for the basics of the concept of using their coins. and bitcoin and other altcoins will remain crypto traded with the uniqueness of this market.

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June 23, 2019, 06:31:38 PM
 #71

We are comparing a stale crypto currency with bitcoin.

Both uses blockchain but the coin from facebook is centralized so it is not an alternative of people think fiat money is not needed in future.
but in the future also requires digital assets that have a stable value. bitcoin and many altcoins have very fast changing values ​​depending on market demand. then what are the assets like this that we can use for payment in the future?
Libra will develop for the basics of the concept of using their coins. and bitcoin and other altcoins will remain crypto traded with the uniqueness of this market.
Stable = centralized,so we are giving the control of our money to someone like the old same traditional banking system.

This is not the actual vision of satoshi,even if the price is volatile its on the own demand no body control over it which is the best for future.

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June 23, 2019, 07:36:35 PM
 #72

Libra will be just another altcoin i am sure maybe one of the top, as we understand how much promotion will be done but BTC, is one and only so i am sure people who understand real value of BTC will support it after Libra relise too.

I think they will not just be another alt coin. If you think about it, they have everything in place they need to get their coin adopted, the whole network is ready to use it. That's very different from other alt coins which have to build a network first.
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June 23, 2019, 08:02:50 PM
 #73

We are comparing a stale crypto currency with bitcoin.

Both uses blockchain but the coin from facebook is centralized so it is not an alternative of people think fiat money is not needed in future.
but in the future also requires digital assets that have a stable value. bitcoin and many altcoins have very fast changing values ​​depending on market demand. then what are the assets like this that we can use for payment in the future?
Libra will develop for the basics of the concept of using their coins. and bitcoin and other altcoins will remain crypto traded with the uniqueness of this market.
Stable = centralized,so we are giving the control of our money to someone like the old same traditional banking system.

This is not the actual vision of satoshi,even if the price is volatile its on the own demand no body control over it which is the best for future.
I wonder what would happen if it is launched already how would these investors going to take part of it since it is centralized i'm sure few of the people will ever try to take part of it. Facebook may be backing it up but i don't think comparing it to Bitcoin will give it an edge since Bitcoin is designed to be your own money without the involvement of the third party.

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June 23, 2019, 08:29:19 PM
 #74

We are comparing a stale crypto currency with bitcoin.

Both uses blockchain but the coin from facebook is centralized so it is not an alternative of people think fiat money is not needed in future.
but in the future also requires digital assets that have a stable value. bitcoin and many altcoins have very fast changing values ​​depending on market demand. then what are the assets like this that we can use for payment in the future?
Libra will develop for the basics of the concept of using their coins. and bitcoin and other altcoins will remain crypto traded with the uniqueness of this market.

Why do we need it for? Payments? We have fiat money for that. What will be the advantage of libra over other payment methods that we are using now. You can send small transactions with payment processors in minutes. The advantage of bitcoin is that you are in control and your transactions can't be hijacked. You are sure that your payment will reach its destination and nobody can flag it or stop it because they don't agree with your ideology or choice of merchandise.

Facebook coin can be controlled and you have to use their tokens and their platforms. When I want that I can use my bank account that is also pretty stable.
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June 23, 2019, 09:30:39 PM
 #75

Its true Libra coin will bring many changes and competative edge in cryptoworld but to overcome Bitcoin need alot home work and time.Bitcoin  is always kind libra coin can take place of queen.
Bitcoin give way to the world to be your own bank and move around the world cashfree.
That's what happened but for new coins even though it's released by a famous platform like Facebook I'm not sure the Libra coin will quickly compete with Bitcoin, because it takes time to achieve something high in this industry but it can be said that it will only take a short time to become big on the cryptocurrency market.


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atjiat
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June 25, 2019, 06:57:32 PM
 #76

Its true Libra coin will bring many changes and competative edge in cryptoworld but to overcome Bitcoin need alot home work and time.Bitcoin  is always kind libra coin can take place of queen.
Bitcoin give way to the world to be your own bank and move around the world cashfree.
That's what happened but for new coins even though it's released by a famous platform like Facebook I'm not sure the Libra coin will quickly compete with Bitcoin, because it takes time to achieve something high in this industry but it can be said that it will only take a short time to become big on the cryptocurrency market.
If Libra can offer something that Bitcoin hasn’t been able to offer so far, then it is quite possible that this project will compete with Bitcoin.  But you need to take into account the fact that when it comes to the protection of personal data, it is still better to choose a decentralized project.

EdenHazard
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June 25, 2019, 11:37:00 PM
 #77

If Libra can offer something that Bitcoin hasn’t been able to offer so far, then it is quite possible that this project will compete with Bitcoin.  But you need to take into account the fact that when it comes to the protection of personal data, it is still better to choose a decentralized project.
The purpose of libra coin only for payment system because it is a stable coin. The price of libra will be same as a movement price of dollar which mean for everyone who consider that libra is the best coin to be use as investment place are wrong. So, Which offer does Bitcoin not have? As payment system bitcoin can be use it moreover for an investment place I bet with 99% the most users will choose bitcoin because it has proven can give the investor get a lot of profit. There is no gap for libra coin to compete bitcoin.
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June 25, 2019, 11:44:12 PM
 #78

I doubt if Libra can take over the position of Bitcoin, it's too early to make that statement.
we know that Libra has a large community, but the project is still unclear, the whitepaper is not yet clear. other than that, the issue of Libra has only just emerged, already hampered by local regulations. not to mention crypto will emerge from other social media that follows its steps.
VieleSind
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June 25, 2019, 11:48:35 PM
 #79

The Facebook cryptocurrency coin Libra is now the talk in the cryptocurrency market, people says it will take over bitcoin soon.
But to me is that going to be possible, I took bitcoin years to reach were it is now and as the best coin in market and the first cryptocurrency its not that possible.
Lots of coin wit great ambitions have come knocking to take over from bitcoin but non could.
Will Libra be able to do so?

Libra coin is different from the Bitcoin. But I think in the next time, the price of Libra will increase and the market cap still growing Smiley)). The Libra coins of Facebook joined cryptocurrency will make this market become better in the last of 2019, together will another big coin of the big company will join the cryptocurrency market!
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June 26, 2019, 01:30:25 AM
 #80

The Facebook cryptocurrency coin Libra is now the talk in the cryptocurrency market, people says it will take over bitcoin soon.
But to me is that going to be possible, I took bitcoin years to reach were it is now and as the best coin in market and the first cryptocurrency its not that possible.
Lots of coin wit great ambitions have come knocking to take over from bitcoin but non could.
Will Libra be able to do so?

Libra coin is different from the Bitcoin. But I think in the next time, the price of Libra will increase and the market cap still growing Smiley)). The Libra coins of Facebook joined cryptocurrency will make this market become better in the last of 2019, together will another big coin of the big company will join the cryptocurrency market!
Libra coins in Cryptocurrency still have to have many stages and processes to be in a good position, now only the best bitcoin and will not be able to be overtaken by anyone including Libra coins

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