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Author Topic: Libra coin alive or dead?  (Read 472 times)
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December 29, 2019, 04:20:45 PM
 #61

The plan is all set to release the coin next year, but who knows how facebook is planning to ease out the regulatory hurdles and they have the power to influence the people at the right places and if they are able to do that is to be seen and i hope they are moving forward with the project even with this much backlash, i am hoping they will push through and open the market for the rest of the private companies and we will have a swarm of new private centralized coins Cheesy.
Well they are becoming such big company not for nothing, if they already planned to release it in 2020 big chance it will happen despite all the backlash they received from the government. Probably they are going to launch it outside US who knows, the whole world has known them and if a flicker of news regarding Libra release goes to public, peolpe will automatically know and get curious.

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December 29, 2019, 04:37:50 PM
 #62

I haven't yet understood the true purpose and the true principals of this monetary experiment. It is not clear to me why it seems too light: don't trust, verify!
It's a must to know first before trusting your money to any project not even this libra thing. If you'll going to go deep and start understanding what's the
real purpose and how will investors will going to benefits from this project, the purpose and the potentials are the key for this project to gather investors
interest.
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December 29, 2019, 04:40:48 PM
 #63

Yes, it is nice that the price of bitcoin is rising quite well over the past 2 months because facebook will launch its own currency, which is a big step forward. Especially US and EU agencies are paying special attention to this event.  Wink
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December 29, 2019, 04:52:36 PM
 #64

libra coin is getting a lot of attention from the world, get the intervention intervention of the US and EU agencies even many other countries. It is truly a perfect step forward for cryptocurrencies.
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December 29, 2019, 05:24:20 PM
 #65

If the Libra coin will be launched, it will certainly greatly affect the development of cryptocurrency in the future, but we don't know whether the impact will be positive or negative? But if the existence of Libra coin can make a boost to Cryptocurrency, of course it will make Cryptocurrency more developed in the future, I personally hope that the launch of Libra coin will have a positive impact on bitcoin and other altcoins.
My opinion is not too sure, between positive or negative, at that time I read someone's opinion and the results tended to be negative, completely still bitcoin is more important, maybe the coin libra is only intended for the Facebook industry, and nothing more. Yes, maybe if a Libra coin is released, crypto will be known by all Facebook users who previously did not know crypto-world. People might be more curious about the world of crypto, involved with the Libra coins to be released this. Just an opinion ...

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December 29, 2019, 05:39:08 PM
 #66

The project got delayed but it's still alive. I hope it doesn't get delayed into non-existence because this is very much a possibility. A big company like facebook will not continue to pump money into the projects just to keep it in limbo while regulators are taking their sweet time.

I'd like to see it happen. I'm not a fan of facebook and probably not going to use libra ever but everybody should be allowed their chance on the market.
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December 29, 2019, 06:24:20 PM
 #67

Libra is a fake crypto, because it is not decentralized.
In any case, a currency guaranteed by Facebook would have immediate success, and this is precisely why it will probably never start: it would be too powerful, and would bring all the fiat of the world to its knees.
We can be sure that strong powers will prevent it.

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December 29, 2019, 06:33:52 PM
 #68

Libra is a fake crypto, because it is not decentralized.
In any case, a currency guaranteed by Facebook would have immediate success, and this is precisely why it will probably never start: it would be too powerful, and would bring all the fiat of the world to its knees.
We can be sure that strong powers will prevent it.

crypto doesn't mean its always decentralize. facebook coin of course is centralize but its most likely going to use blockchain. its not a dead project i guess but the company behind it is big and has billions to spend to cloud the judgement of the regulators. it may actually be launched in the future, we may not be using it but the people in facebook will absolutely adopt it. the company is persistent.

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December 29, 2019, 09:00:38 PM
 #69

Libra Coin can be live in the Year 2020 because China is also officially working on blockchain and also other counties working on blockchain technology, so the demand will grow more in 2020 for cryptocurrency, I hope all legal matter will be resolved to launch LIBRA Coin in 2020.

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December 29, 2019, 09:54:58 PM
 #70

Libra Coin can be live in the Year 2020 because China is also officially working on blockchain and also other counties working on blockchain technology, so the demand will grow more in 2020 for cryptocurrency, I hope all legal matter will be resolved to launch LIBRA Coin in 2020.
I am very happy with what you say that Libra coins can live in 2020. And I strongly support that with new coins, there are references to finding and holding other coins. at least this will indicate that crypto is still highly expected to be able to develop properly. because there is a new growth of coins and will be followed by other coins and hopefully make crypto more passionate.

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December 29, 2019, 10:54:36 PM
 #71

Libra is a fake crypto, because it is not decentralized.
In any case, a currency guaranteed by Facebook would have immediate success, and this is precisely why it will probably never start: it would be too powerful, and would bring all the fiat of the world to its knees.
We can be sure that strong powers will prevent it.
But you can't even call that as fake crypto too because the purpose of libra to be the centralized payment system and no more. have you seen the latest news about libra as the callibra team will release the testnet soon?
Not only a currency but anything backed by big companies will be trusted by all of the parties. The government already prevented the launch of libra but not all of the countries have been banning libra and libra has shifted to the countries that are not banning it to launch libra token as a stable token payment system.

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December 29, 2019, 10:56:25 PM
 #72

Zuckerberg is making a big plan. I think Facebook will dominate this market. Bitcoin is the king of this market. What will happen when a new king enters this market. However, if Libra is stable, Bitcoin is still king.

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December 29, 2019, 11:04:53 PM
 #73

Zuckerberg is making a big plan. I think Facebook will dominate this market. Bitcoin is the king of this market. What will happen when a new king enters this market. However, if Libra is stable, Bitcoin is still king.
Please don't ever think that Libra coins will similarly have the result same how facebook has its name in the community cause it is totally different.
Libra hasn't attracted investors cause they'll never see good news about their problems. They most likely to feel doubts if this certain coin Libra will take their final launch cause until today, it is still questioned by the regulatory board.
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December 29, 2019, 11:17:20 PM
 #74

Why you can state it is alive or dead? We know that Libra coin isn't launched yet. So, we cannot state it is dead or alive. Of course, we only can get general information about Libra in coinmarketcap because it is officially still not launched yet. Just wait for the beginning of the next year, we may have surprising news about this.

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oscarftw
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December 29, 2019, 11:22:44 PM
 #75

There was a rapid growth in bitcoin price in last 2-3 months when it was announced Facebook is going to launch its own coin, called libra coin,
Now its already in cold store, due to US and EU agencies interference.

I saw in coin market cap, its only general information about libra coin, but no technical data is available yet.

Cryptocurrency didn't pump for Facebook Libra coin launch news. Still Facebook Libra is alive, wait for next news technical data will be available. Facebook Libra coin will be unsupport by some Europe country. Facebook Libra has some negative feedback. Next year we will see real work of Facebook Libra.
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December 29, 2019, 11:56:14 PM
 #76

yes, reportedly the Facebook company wants to launch their own coin, on the other hand many public users are enthusiastic about welcoming it. but I heard that they delayed the plan and many big partners quit their projects. and currently I have not heard the latest facebook coin news anymore.

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December 29, 2019, 11:56:40 PM
Last edit: December 30, 2019, 01:33:17 AM by Google+
 #77

I read a number of articles and saw from their website that there was a change in the source code from Facebook, which means that development might be delayed, even though it is currently dead, it is unlikely to be alive because I read that the founder of Facebook was out of libra and not want to work together again.

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December 30, 2019, 12:15:26 AM
 #78

Indeed there was a hype when libra coin was announced and some users who use Facebook service search and buy some crypto coins, but we will see for what will be used libracoin and if will bring more people to crypto or no.
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December 30, 2019, 01:41:15 AM
 #79

Too many people are excited about the arrival of libra, but libra seems to be too bound by government rules.
whether or not the libra will die or not will answer, so we wait for the continuation of the altcoin story which is full of twists and turns.


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December 30, 2019, 04:38:07 AM
 #80

I think that you need to contact with Facebook administrator or contact with those people who are arranging Facebook features for knowing that the libra coin is officially Facebook launched coin or not.
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