udayantha11 (OP)
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2023 would most likely be as bearish as 2022
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June 20, 2019, 11:08:38 AM |
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i am planning to invest in facebook libra, that will be huge potential coin ever , definitely i am planning to invest. please let me know how to invest that one?
visa,uber,paypal ,master ,ebay back up this coin
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we all need universal power and cyclist of Everything -2023 would most likely be as bearish as 2022- =BTC will make it, but might be a long winter=
Stronger the storm, brighter the rainbow
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Red-Apple
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June 20, 2019, 11:36:45 AM |
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something that is supposed to be stable has no potential of profit. will you invest in PayPal dollar too? because that is what Libra is, a stable coin just like Paypal dollar coin. not to mention that it will not exist on exchanges, only on the site owned by Facebook company and will require you to sign up and pass extreme KYC verification before they give you their token.
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Btc_1856
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June 20, 2019, 11:42:46 AM |
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something that is supposed to be stable has no potential of profit. will you invest in PayPal dollar too? because that is what Libra is, a stable coin just like Paypal dollar coin. not to mention that it will not exist on exchanges, only on the site owned by Facebook company and will require you to sign up and pass extreme KYC verification before they give you their token.
So what is the point they are launching the Libra coin, it is just stable coin already we are using our financial assessment currency in local areas. Mostly facebook team are mentioning it as a stable coin then what is the use of buying a Facebook coin which it is not tradable in the market.
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Red-Apple
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June 20, 2019, 11:45:18 AM |
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something that is supposed to be stable has no potential of profit. will you invest in PayPal dollar too? because that is what Libra is, a stable coin just like Paypal dollar coin. not to mention that it will not exist on exchanges, only on the site owned by Facebook company and will require you to sign up and pass extreme KYC verification before they give you their token.
So what is the point they are launching the Libra coin, it is just stable coin already we are using our financial assessment currency in local areas. Mostly facebook team are mentioning it as a stable coin then what is the use of buying a Facebook coin which it is not tradable in the market. when i say stable coin don't think of it like Tether or similar cryptocurrencies with blockchain. instead think of it as Paypal that is why i mentioned it anyways, a payment processor with closed database (it may as well be closed/private blockchain) that is meant to act exactly like Paypal and make them money from fees they get just like Paypal has been doing so far. the "blockchain" and "cryptocurrency" buzzwords are only used to hype the project up and get people to use it!
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VanDeinsberg12
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June 20, 2019, 11:51:01 AM |
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i am planning to invest in facebook libra, that will be huge potential coin ever , definitely i am planning to invest. please let me know how to invest that one?
visa,uber,paypal ,master ,ebay back up this coin
It more like a stable coin rather than a common crypto that was having volatility. Remember the purpose of libra to create such an ecosystem which can be used by all of people without worried about the volatility problem. Libra already expected to be released 2020. I thought that if that will not suitable to become an invesment.
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Tipstar
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June 20, 2019, 12:19:22 PM |
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Libra is still in it's development stage. You can't buy Libra now. And most importantly, you can't invest in Libra. It's a stablecoin. Its price would be fixed and the fluctuations would be minimum. i.e. you'd gain nothing by holding it. So, you can just buy it when you need it and sell it when you don't.
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Malam90
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June 20, 2019, 12:34:33 PM |
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Libra is still in it's development stage. You can't buy Libra now. And most importantly, you can't invest in Libra. It's a stablecoin. Its price would be fixed and the fluctuations would be minimum. i.e. you'd gain nothing by holding it. So, you can just buy it when you need it and sell it when you don't.
Right, it is still in development stage. Wait, when they will announce their announcement and publish their whitepaper, roadmap, then you can think for investment.
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Yoshinoya
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June 20, 2019, 12:37:14 PM |
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Libra is still in it's development stage. You can't buy Libra now. And most importantly, you can't invest in Libra. It's a stablecoin. Its price would be fixed and the fluctuations would be minimum. i.e. you'd gain nothing by holding it. So, you can just buy it when you need it and sell it when you don't.
Right, it is still in development stage. Wait, when they will announce their announcement and publish their whitepaper, roadmap, then you can think for investment. Libra is planned to be launched in early 2020. However, it is not yet known whether Libra will be present in all countries completely or not
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nofreecoins
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June 20, 2019, 12:41:36 PM |
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LIBRA Is A Network, Not A Currency. The Currency AFAIR Is Called Calibra. It Similiar To How Stellar Is The Network, And The Currency Is Lumen.
AFAIK Libra Is Basically Like Ripple But More Centralized.
The Main Advantage Of Libra Is Their Existing Network (Facebook/Whatsapp/Instagram), So they Can Promote Their Project more Easily Rather Than Ripple/Stellar.
On The Tech side Libra Is Pretty Bad, Because They're So Centralized. To Run Libra Node, you Should Pay 10M USD First To ZUCC (It's Not Permisionless). They Also Require The User To KYC First(No Privacy). Libra Is Just Another Attempt Of Facebook Trying To Exploit More Data From you.
And I thought eth is going too far with the pos requeriments just as I thought with dash, why the fuck would i pay to host a node for a company that makes money off your data. Bah we shall see where this goes, but a privacy destroyer currency wont supplant bitcoin.
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funchiestz
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June 20, 2019, 12:50:53 PM |
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i am planning to invest in facebook libra, that will be huge potential coin ever , definitely i am planning to invest. please let me know how to invest that one?
visa,uber,paypal ,master ,ebay back up this coin
What will you do that with it? It is stable coin and its value won't change. It always will be $1! Buy USDT, don't wait for vain.
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eidoscore
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STABILA [STB] - Decentralize The Financial System
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June 20, 2019, 12:57:49 PM |
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i am planning to invest in facebook libra, that will be huge potential coin ever , definitely i am planning to invest. please let me know how to invest that one?
visa,uber,paypal ,master ,ebay back up this coin
Libra schedule are launched in 2020, for now facebook just annoucement their stablecoin and specification (but not detailed). Libra got a problem with the US government, even though it hasn't been launched yet
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batang_bitcoin
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June 20, 2019, 03:05:05 PM |
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I don't know on how you will make profit from libra coin because it's a potential stable coin. Movements of few centavos, do you think that you will attain to take profit with that? it's also likely that they will set it automatically to $1 without any motion on its price. It's centralized as many are saying so if you are investing to it. How is it possible for everyone to make money out of it? Their staking also costs $10M which was already bought by their partners.
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Rent this sig space so that BTC goes to $100k.
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gbale
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June 20, 2019, 04:10:51 PM |
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I was also interested in that and I was also still digging up information about the libra
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Thanasis
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June 20, 2019, 04:15:20 PM |
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i am planning to invest in facebook libra, that will be huge potential coin ever , definitely i am planning to invest. please let me know how to invest that one?
visa,uber,paypal ,master ,ebay back up this coin
Libra coin is not available for public in 2019,they only allowed their salaried person to use and it will be expected to be available for public on 2020. But stable coin doesn't meant for making profits.
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tsaroz
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June 20, 2019, 04:23:50 PM |
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i am planning to invest in facebook libra, that will be huge potential coin ever , definitely i am planning to invest. please let me know how to invest that one?
visa,uber,paypal ,master ,ebay back up this coin
Facebook Libra coin would be a stable coin. So, there's nothing here to invest on. As it Libra would not be backed by a single fiat and depend on a lot of things. Libra could be much more stable than any fiat possible. They would be a good coin to use for transacting around the world. There are no benefits for buying it early or late.
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romero121
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June 20, 2019, 04:24:46 PM |
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Facebook's libra coin will be available for the public usage by 2020. Now there is more expectation among the people about the libra coin, but it doesn't have anything to do with cryptocurrency as it is a stablecoin. Also it has got two assets for the usage, libra investment which is for the large scale contributors which will be issued earlier and further is the libra which is for the all level of people around the world.
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seleme
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June 20, 2019, 04:25:18 PM |
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i am planning to invest in facebook libra, that will be huge potential coin ever , definitely i am planning to invest. please let me know how to invest that one?
visa,uber,paypal ,master ,ebay back up this coin
OMG, I already predicted these kind of threads on the forum after the announcement of the Facebook Libra coin. It doesn't worth to invest in the Libra due to centralized nature of the Facebook. Even it doesn't require for KYC because Facebook already knows all your interest, name, surname, friends,college,university information.
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Ridwan Fauzi
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June 20, 2019, 04:37:27 PM |
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I was also interested in that and I was also still digging up information about the libra
And what did you get so far? Are you still interested to gain a lot of money from it? Read what @Red-apple says, simple put if you are investing on libra coin then you are the same with you are investing on money fiat or it just like you store money on piggy bank. You have to read the whitepaper of libra coin carefully and study it with healthy mind maybe it will give you an enlightenment.
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elcoblast
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June 20, 2019, 08:31:07 PM |
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Facebook's libra coin will be available for the public usage by 2020. Now there is more expectation among the people about the libra coin, but it doesn't have anything to do with cryptocurrency as it is a stablecoin. Also it has got two assets for the usage, libra investment which is for the large scale contributors which will be issued earlier and further is the libra which is for the all level of people around the world.
yes it's a stablecoin we can't expected so much from this coin, but for large company it's great investment for expand their business going to the blockchain ecosystem, and maybe in future another big company like Facebook are entered in cryptocurrency and blockchain industry
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