Where is Facebook coin going

[Starfranko]

I think libra is all about the hype. I don't see the coin making much impact within the crypto-currencies community despite the pedigree that Facebook has . It will fizzle

[Starfranko]

Libra made such a fantastic perhaps never seen entrance into the crypto-currencies space. Its coming was well publicized because of the publicity it Garner many people were expecting the coin to be challenging others but that does not seem to be the case.

[Starfranko]

Eventually Libra will die a natural death. It is nit going to lady
 There seems to be so much doubt and cynicism about the coin. It is not going to last

[Classica35]

Both coins might later not be launch, because of the obstacles they are and will still come across. They are being checked and regulated. This might be as a result of the location and jurisdiction they are found. There is no need to conclude now, but time will tell, if Facebook in particular will still launched, as Mark Zukerberg is being cannot to series of interviews and panels.

[Kotone]

Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

It still has strong influence though some firm decided to leave their side. I dont think it will affect the Libra stance in the market. This is a solid project with a very famous team, everything is possible and anything can happen. Yeah, SEC is really giving them a hard push on their launch but this is only a beginning but I think they will still launches no matter what happened.

[cahbagus555]

Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

Although many of their partners have left the Libra project, I think Facebook will continue the project because it looks profitable. The problem with the Libra project is the regulation because Facebook is domiciled in the United States, which makes it necessary for them to comply with American regulations that are notoriously strict when it comes to cryptocurrency publishing.

[Lexurdania]

Base on government then this can't run if you ask now but there always a hope by Libra Coin like if they pass all the regulators want on it

Still better to not think of this because of the team behind this like many really can't handle this like if they really good then no question at all like they can provide all regulators want so they can launch or run already here in crypto

Indeed, the fate of Libra now depends on the government as a regulator. If it is considered violating regulations, I think Facebook will fix it and maybe in the future some time, news about Libra will reappear

[Patrix_1]

Nowhere at the moment, because I have the feeling that they are still not sure if they would continue to work for Libra or not. Zuckerberg sounds like if there would be more problems with regulations Facebook will give up completely.

[alyssa85]

i know libra is going to be big, i am so positive about it but waiting for so long before lauching the coin is my concern. but i know all the delay is to give the best, so it wont end up OVERHYPED

I don't know why you are positive about it.

One thing that came out of his grilling by Congressmen:

https://techcrunch.com/2019/10/23/zuckerberg-testimony/

He wouldn’t commit to blocking anonymous wallets but he’s open to baking more anti-money laundering into Libra’s network

Congress is worried that as he knows so much about Facebook users, and refuses to allow the wallets to be anonymous, he'll use both sets of info (info about the users and about what is in their wallets) to bad purposes.

And they're right. Centralised coins are bad enough - but putting all that data in Facebook's hands is asking for trouble.

[jossiel]

Mark Zuckerberg already stated that he's willing to leave the project in some conditions. I think that no matter what they are facing right now, they have to follow what's on their roadmap and what they've started.

I've seen some comments that said that this is going to be a big project. Yeah, no doubt that it is but that can be just their beginning and after the hype, they will be gone in the wind and start to drop in volume/sales and people will no longer talk about them unless they create something for people to talk about.

[alexsandria]

Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

I have recently read that facebook chief executive Mark Zuckerberg already quit in this project, I don't know if it is a fake news or what but it seems Libra won't be going far away like bitcoin or the other coin even though the company behind Libra was sufficient to fulfill all of it needs. I recently read that it may come soon in 2020 however, Mark Zuckerberg would deploy it depending if it is fully regulated by United States regulatory there are still a 50/50 percent of chance of being successful.

[fortunecrypto]

Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

It is going where it wants to go I have watched Mark appearance on the congress and he tries to rally and shill his project he is making an example of China preparation to create something on their own, and he wants Facebook's Libra coin to hamper this, I believe Libra coin will find it's way to the market.

[nomenclatur]

Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

I just read about the development of libra coin I read bad news about the project libra larger investors abandon their projects trusted libra which will replace the dominance of this bitcoin. Mark Zuckerberg will still be launched in 2020 mark Zuckerberg project still optimistic Libra will be the currency that can be used worldwide with easy to payments.

[X-ray]

Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

I just read about the development of libra coin I read bad news about the project libra larger investors abandon their projects trusted libra which will replace the dominance of this bitcoin. Mark Zuckerberg will still be launched in 2020 mark Zuckerberg project still optimistic Libra will be the currency that can be used worldwide with easy to payments.

However it seems that he's showing sign of giving up though I mean if it didn't pass the regulation and law what else he can do anyway? in this time you need to obey such regulation you don't want to have problem going after you and this libra seems to be trapped, they really want to release it and hope it will have some kind of impact in the future while the government are afraid of this thing and does any means to stop the release of Libra into public. it's matter of time whether libra will be released anyway. there's no need to worry.

[coinfinger]

libra is not going anywhere. there is just so much resistance to it not just from EU countries but the US senate itself. there is nothing to expect anymore about it.
right now, there is nothing to look forward anymore, BAKKT has been launched, ETF failed, libra failed and i guess the only to look forward in crypto is the halving. hypothetically this is just the part where we can presume the price can be pushed upwards.

With this resistance, they can only stop Facebook from becoming a global coin which I still don’t know if that is really the intention off Facebook because they have not really made their intention clear to the public, we only know that they are releasing a coin for which main purpose that we are yet to know.

Libra coin may actually succeed as against what many people/think, the fight of government against them will not make them close the project, and they will simply just change the concept of the project to what it ought to have been initially, which I think it was meant to serve as Facebook platform payment coin. The year for the release of their coin is almost here and with time, we will really find out what its effect will be.

[mirakal]

Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

We don't know yet if Libra's team will be able to push through the project, but I am optimistic they'll be able to comply the regulatory requirements so they can launch by next year which was the scheduled year. Bad news is normal but the real stance of the project, only the team knows.

[Winderer]

Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?

We don't know yet if Libra's team will be able to push through the project, but I am optimistic they'll be able to comply the regulatory requirements so they can launch by next year which was the scheduled year. Bad news is normal but the real stance of the project, only the team knows.

They have a lot of time because no one big company is starting something similar. All are worried. Maybe Google... but no news about it.

[meliodas]

Facebook's cryptocurrency stable coin will go nowhere. They will shutdown their Libra cryptocurrency project because the government are against to it because it is unnecessary for the people around the world to use another digital currency because there is paypal and other mode of payment that they could use for their online transactions.

[cutesgirl]

I have been telling my friends that soon Libra is going into the limbo floating somewhere in between hell and purgatory of regulatory universe. With many of the members of the Libra Association starting to disassociate themselves from this very controversial project, all the backers can be gone sooner than Mark Zuckerberg can get to the comfort room. Libra is destined to be strangled principally because this is another project of Facebook which is now known as not a good repository of data and is careless with the privacy of its users. I am suggesting to Mark to redo and change everything on Libra and even change its name...plus get new people to handle the whole project away from him and Facebook.

Libra or Facebook coin is waiting regulation from united state government want to allow or not using Libra coin release to public, so far Libra coin still waiting when their coin available for legal transaction and can publish soon for investor to buy Libra coin, so far many respond support and again Libra become coin and listing to the public, many opinion are agree and disagree with Libra coin.

[Alhamza24]

Much unhealthy news are speculating related to libra. I think libra have to face tough competition.