Arrgh! Libra here and There

[chaoscoinz]

Why are people not getting it?its kinda annoying hearing from people that Facebook Libra coin will take over.

The first question I would like to ask such people is why are they investing in crypto?majority of us on here wants to make profits apart from supporting the technology and that clears the fact that I'm only investing in bitcoin and altcoins because they aren't stable.

People aren't getting it that if bitcoin becomes a stable currency today many investors will start using bitcoin just like they are using tether but what about those high gain?sorry guys investing 2000$ in stable coins will remains at 1999$-2000$ forever.

Either bitcoin and altcoins bring loss or gains that's what makes them more interesting,Libra is a stable coin,no more no less and no matter how good it turns out to be its not an option for investment to me,I don't know about you guys.

If Libra gets on exchanges I like using like binance yes I would gladly use it to back my crypto Worth's just like using tether or usdc,nothing more or less.

Enough of libraphobia.

I really don't think that people here get it. So what if Facebook's Libra project is a centralized cryptocurrency platform? Do you know how much promotion this scene and community will receive once Libra project is backed by congress and given the green light to go? If you think there was a lot of capitol here within the markets now, imagine once Libra is introduced to every Tom, Dick, and Harry around the world? People will dabble into other cryptocurrencies guaranteed. I'm sure the market caps would probably soar! There will be so much capitol flowing in from all the new comers, it makes adoption almost inevitable.
    The majority of the people I know use some form of social media, most don't touch Bitcoin period, but If Facebook is backing it, everyone from children, to grandparents will be using crypto, just because everybody else is doing it. Humans tend to have a "monkey see, monkey do" mentality when it comes to social behaviors.

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[mulia sabee]

that's because libra is supported by many big companies behind this coin. including Facebook, which is a social media platform that can facilitate the dissemination of information and advertising. especially now that we see that Facebook has adapted from social media to become a platform with buying and selling features. This has been very helpful for users especially if Libra has been launched it might be that Facebook can become a trading platform with many features in it.

maybe this is a method for making viral news about Libra in various media ... so many people talk about libra which will attract people's attention to be able to invest in libracoin later ... by sharing the benefits of libracoin ... and what we need to know is here we are looking for profits for ourselves ... so whatever coins come and can give us an advantage, we will always support ... but don't be Libraphobia that preaches excessive ...

[Yaunfitda]

It's annoying but what can we do, the company behind Libra is the giant in social media so expect that people in crypto are going to talk about it until they got their product release next year or whatever date they wanted.

Again, crypto is a free market, as much as we have BCH or BSV or XRP or CSW, we can't really stop then here. So everyone should grow a thick skin here if you wanted to stay in the crypto market.

[Pom_bensin]

Libra coins are stable coins and are suitable for investment assets if I think, because even if they are traded they will only get a small profit. so having a Libra coin is like having a savings account

[Ridwan Fauzi]

that's because libra is supported by many big companies behind this coin. including Facebook, which is a social media platform that can facilitate the dissemination of information and advertising. especially now that we see that Facebook has adapted from social media to become a platform with buying and selling features. This has been very helpful for users especially if Libra has been launched it might be that Facebook can become a trading platform with many features in it.

maybe this is a method for making viral news about Libra in various media ... so many people talk about libra which will attract people's attention to be able to invest in libracoin later ... by sharing the benefits of libracoin ... and what we need to know is here we are looking for profits for ourselves ... so whatever coins come and can give us an advantage, we will always support ... but don't be Libraphobia that preaches excessive ...

So, do you believe that libra is an investment place, don't you?

Libra is stable coin, which mean your chance to gain profit through this coin is impossible (it might possible if you hold it for long long term investment).

You will support money fiat and centralized system if you think libra is fine to be supported. I'm not hyptoricate actually, but I just like cryptocurrency will always be seen and has decentralized system which is mean there will no party who can't manage/manipulate it.

[bitkanu]

Libra coins are stable coins and are suitable for investment assets if I think, because even if they are traded they will only get a small profit. so having a Libra coin is like having a savings account

that's a joke. libra is a failed payment system and that will have the same purpose like stable coin or i can say fiat in crypto form. The real purpose of libra is not about to be trade in the market but it's more likely to be a payment system. It's not like having saving account.

[akirasendo17]

People invest in crypto because they know that the future for crypto currency is so bright that they can imagine what if they have a lot of coins
being hold, its a very big money once it happens,
second is that they want to make profit as we know there is a big money in crypto if you know what to do and how to earn it, imagine the airdrops
people can make a lot of money just by signing up and wait for token to be distributed, and sell it to the exchange, crypto has a lot to offer
to the people, and benefits them so that is why there are lots of them betting for crypto  to be world wide

[Faxmate]

that's because libra is supported by many big companies behind this coin. including Facebook, which is a social media platform that can facilitate the dissemination of information and advertising. especially now that we see that Facebook has adapted from social media to become a platform with buying and selling features. This has been very helpful for users especially if Libra has been launched it might be that Facebook can become a trading platform with many features in it.

maybe this is a method for making viral news about Libra in various media ... so many people talk about libra which will attract people's attention to be able to invest in libracoin later ... by sharing the benefits of libracoin ... and what we need to know is here we are looking for profits for ourselves ... so whatever coins come and can give us an advantage, we will always support ... but don't be Libraphobia that preaches excessive ...

So, do you believe that libra is an investment place, don't you?

Libra is stable coin, which mean your chance to gain profit through this coin is impossible (it might possible if you hold it for long long term investment).

You will support money fiat and centralized system if you think libra is fine to be supported. I'm not hyptoricate actually, but I just like cryptocurrency will always be seen and has decentralized system which is mean there will no party who can't manage/manipulate it.

Libra is not anything near to the true digital coins. It does not hold the essence of decentralized coins. People who will spend money in it should not fill their heads with high hopes because Libra cannot do that. Nothing will be changed in terms of economy with this because in a nutshell, only the form of currency is changing from paper to digital. Decentralization is the most important feature.

[letyouearn]

Can't still understand why people are so excited about Libra coin... That's really funny in fact
I would rather consider investing in Facebook shares if you really think Libra will succeed

[superman2019]

libra developers said they want to attract non-banking people into the financial structure. But is this a doable task? If coin scales are focused on third world countries, then why do they need this whole story with regulators in the USA? We would launch our own hub in Switzerland, as planned, and work like other cryptocurrencies and stable coins.

I am not against supporting migrants, people who banks will not serve because they do not have a credit history. For this, many blockchain projects were opened. But none of them said, look at me, here is a coin for you, it will be accepted all over the world. Dude,

Why give people tokens and altcoins that they don’t understand when you give them jobs? Ok cryptocurrency market requires knowledge of how to manage financial processes. But they are not difficult to obtain, especially when training courses on trading from taklimakan network appeared, besides that the platform is multilingual and there is no problem learning something yourself, so that you can later earn investments, trading, consulting, marketing. Now is the age of digital technology, people don’t even have to see you personally to collaborate

[superman2019]

The centralized coins have a future like decentralized coins but it is too early to see a full decentralization. The blockchain is not fully applied to the traditional economic and financial systems but we wait for the optimized world with the blockchain technology. The peer to peer system advantages can change the world but everything has the timing and Libra coin is a middle step for reaching the goal IMO.

[lunnatic]

Can't still understand why people are so excited about Libra coin... That's really funny in fact
I would rather consider investing in Facebook shares if you really think Libra will succeed

it's easy to get big profits at LIBRA if they hold an IEO in a big exchange like Binance,
maybe people speculate like that, therefore Libra is always waiting for their IEO or ICO