If Facebook launches LIBRA then nobody will invest in it

[DashingAgent]

If Facebook launches LIBRA then nobody will invest in it

Stable coins are created just to earn more bitcoins, Facebooks' aim is to launch a stable coin but I think people won't take any interest to invest in a stable coin because it will only offer benefits to facebook to earn more bitcoins, while the community and investors will have no benefits. I don't think that anyone will ever be interested to invest a penny in it.

Note: I am editing this article and have posted the update in a separate post after doing a research regarding what is libra and why it is a threat to the bitcoin?? https://bitcointalk.org/index.php?topic=5297738.new#new

All my other predictions come true (you may check bitcoin forum) but still there is no whale who ever donated a penny.

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[Jawhead999]

How can you say stablecoins or Libra are just created to earn Bitcoin? I think you need to answer that question first.

People buy stablecoins aren't for investment since it's low volatility but rather for trading with USDT/BTC pairs [1] If you say stablecoins have no benefits and no one will buy it why USDT still in top 3? There's always have a advantages/benefit with the token.

[1] https://bitcointalk.org/index.php?topic=5253977.msg54579294#msg54579294

[Renampun]

it would be difficult for us to speculate on what has not yet happened...
Stable coins still have a great chance, just imagine if mass adoption occurs then what is needed for the payment is a stable crypto coin. if it is true that libra is going to be a stable coin then the developers behind it will try hard to make libra popular. don't underestimate Libra's potential.

[Wapfika]

There are stable coins that are still used by many crypto users especially when they want to park their money or investment at the mean time. Libra can be popular to others who are not into crypto yet but really into using Facebook,it may not really make them have a profit but it might somehow can be use in some features of Facebook that will attract those who are not yet used in having bitcoin or any cryptocurrency.

[Sterbens]

it would be difficult for us to speculate on what has not yet happened...
Stable coins still have a great chance, just imagine if mass adoption occurs then what is needed for the payment is a stable crypto coin. if it is true that libra is going to be a stable coin then the developers behind it will try hard to make libra popular. don't underestimate Libra's potential.

That's right, Libra doesn't play around with being part of cryptocurrency. This is supported by their long struggle. It can't be underestimated if Libra becomes a stable coin in the end.

With a background reinforced by Facebook, this will increasingly become a calculation in cryptocurrency circles.

[darewaller]

You’re not serious for real. Did Facebook say they were looking for investment when they announced Libra or did they ever say that Libra is an asset that people should be investing in?

You should try to understand more on what the Libra project was all about before you start saying this. Maybe they might need investors in some ways, but the main purpose of creating the Libra coin is so that it can be worldwide currency; Facebook had plans to create a currency that will be a stablecoin and used by people all over the world or transaction, a limitless form of money. But the government didn’t agree.

[bittick]

Libra initially already have many investors but most of them withdrawing because Libra got tackled by the regulation. Also, facebook already have their own money so it's possible that they're not gonna need any investment like most of stablecoins nowadays.
Reserving money to create stablecoin which in turn earn them profits. It's gonna be your ol' stablecoin business model nothing more I guess.

[celot]

Libra is not good investment coin although Facebook as the foundation for Libra coin because last year have many partner out from Libra coin and make many investor not believe with Libra become success like bitcoin or altcoin. I think not have any progress from Libra coin right now because they have not announcement what will do in the next time, maybe Libra coin have been die and not seriously to launch their coin to public after not get legality from United State government. Until today still not have any update news with Libra coin for launching or make new progress again start from begining.

[Lucius]

All my other predictions come true (you may check bitcoin forum) but still there is no whale who ever donated a penny.

I don't see why anyone would send you donations for what you wrote on the forum? You further claim that all your predictions have come true, but I do not see that to be the case - unless you live in a parallel universe where things are exactly as you envisioned them?

Your post history -> https://bitcointalk.org/index.php?action=profile;threads;u=1183223;sa=showPosts

Will Crypto live forever or die?

I am asking that question because there is a possible World WAR after many years it is because US has raised the threats for many Christian countries and it is the only who'd empowered Muslims (terrorists) against the Christian, US is a biggest enemy of Christianity Since the day one. Just imagine that US sold trillion dollar weapons to Kingdom of Saudi Arabia alone who is a founder of many terrorist organizations including ISIS + Al Qaida along with the terrorists groups/organizations they created in Pakistan, US also sold weapons to Turkey + AE + Many other Muslim countries and raised a threat for Europe and many other Christian countries. The interesting thing which is seen is that that US did never raise an accountability for his weapon puppet countries like the Kingdom of Saudi Arabia and AE, So it is possible that all Christian countries may awake and there could be a possible WW3. If it happens then do you think that bitcoin will live anymore?

Bitcoin will be hitting to $35000 soon - Buy it today!!
There is a strong buying signal. Buy it today now!

US people are buying LTC while the other world is avoiding it

There are 6 billion people around the world, just eliminate the people who do not use the internet then there are 1 billion people atlest who use the internet which means that 1 LTC is for 119 people....

First you have to learn to use the internet and some basics of math, and then leave behind conspiracy theories - maybe only then can you expect some donations.

[Coin_trader]

There's a lot of Facebook user worldwide and most of the user are using the Facebook current money which is "star" to send support there favorite streamer. If Libra will be available in the market, I'm sure that many people will buy it maybe not for investment but still it's an investment since they are buying it.

[The Cryptovator]

There is no enough description to back your claim. It's always, any stable coin isn't volatile. But still, you can notice there are many stable coins in the market. So have you thought about who are they invest in these coins? If Facebook creates a stable coin means even it would be sold out among Facebook users especially those who need to run advertising on Facebook. It would be an easy way to advertise on Facebook without PayPal or credit/debit cards. So, why peoples will not invest in Libra stable coin? Of course, they would get support from multiple big exchanges which would drive more investment.

[Lhaine]

Libra doesn't need investors   it's stable coins so I don't think someone will full his bag with stable currency it is the same use as USDT so you will never earn with that even how many coins you hold for long . The target of Libra is not investors but to have more users of their build crypto currency more usecases so they can have more market. I am sure it is backed by real currency if ever they launch it and you know Facebook has a lot of money so they don't need  more investors they can build it by their own . But they can have partnership with other big company that see their vision.

[Reid]

All my other predictions come true (you may check bitcoin forum) but still there is no whale who ever donated a penny.

Proof, please? Or do you want us to dig your post history just to look for it which could be a waste of time for us.
If I were you, next time I'd put the links initially.
Just screaming around with nothing to back it up it like a balloon popping with no surprise inside. 

Libra. Government is against it.
So you won't need to worry about it.
It needs to pass that line first before it could even go mainstream.

[rhomelmabini]

If Facebook launches LIBRA then nobody will invest in it

It could even make to the top of market capitalization considering how huge Facebook as a company, partners of Libra project and how huge the users are in Facebook daily. It will be just easy to shill Libra in its own platform and considering as well the daily input of FB users worldwide it will never take months or weeks before a million potential investors will try to own a Libra. It may be a stablecoin but it's potential use case and not just the value of its own token that matters at all, it could be used to pay those who runs an stream something like that, FB gaming is lit nowadays.

[Bttzed03]

If Facebook launches LIBRA then nobody will invest in it

Facebook won't be launching Libra as the group is going to rebrand to Diem and the target launch is next year (source)

All my other predictions come true (you may check bitcoin forum)

Get a job and put your money where your mouth is. Buy bitcoin from your salary and trade. That way, you won't need to beg or talk about tips.

You've no idea how traders use stable coins as already pointed by @Jawhead999. They (27 firms) won't need the community to invest because it's not something that will pump in price. They only need them to use it just like how USDT, DAI, USDC, and other stable coins.

[rat03gopoh]

Proof, please? Or do you want us to dig your post history just to look for it which could be a waste of time for us.
If I were you, next time I'd put the links initially.
Just screaming around with nothing to back it up it like a balloon popping with no surprise inside.  

Libra. Government is against it.
So you won't need to worry about it.
It needs to pass that line first before it could even go mainstream.

He/she is a fortune teller. idiot dreamer.
The topics he publishes arent related to the section or contain thoughts that are irrelevant to the real world.
Another user who have the same habit: cryptoboss2020, if they are male and female I think it's time to marry them off.

[batang_bitcoin]

I've seen some people that are interested in "buying and investing" in it. But you have said it right that there's no point in investing in a stable coin.
Just like the other stable coins that we've got, it's aim is to create a payment system that shall be recognized by the crypto community. Actually, they don't have to create it because they already have facebook pay. But because of the trend of cryptos, they have to make one.

[Renampun]

it would be difficult for us to speculate on what has not yet happened...
Stable coins still have a great chance, just imagine if mass adoption occurs then what is needed for the payment is a stable crypto coin. if it is true that libra is going to be a stable coin then the developers behind it will try hard to make libra popular. don't underestimate Libra's potential.

That's right, Libra doesn't play around with being part of cryptocurrency. This is supported by their long struggle. It can't be underestimated if Libra becomes a stable coin in the end.

With a background reinforced by Facebook, this will increasingly become a calculation in cryptocurrency circles.

Facebook's stock price which tends to be stable is proof of Facebook's good work...
Facebook shares can be used as a backup of real funds to reduce price volatility that is likely to occur in Libra if, in the end, it does not become stablecoin. *I can't wait for the official launch of Libra.

[ScamViruS]

I've seen some people that are interested in "buying and investing" in it. But you have said it right that there's no point in investing in a stable coin.
Just like the other stable coins that we've got, it's aim is to create a payment system that shall be recognized by the crypto community. Actually, they don't have to create it because they already have facebook pay. But because of the trend of cryptos, they have to make one.

When Facebook talked about launching their coin, there was widespread hype in the crypto community about libra. The main reason for this was that it took time for the crypto community to realize that investing in a stable coin would not be profitable.

However, since it will be a Facebook coin, there will be a demand for this coin. Because Facebook users can use these coin to use different services of Facebook without other payment methods. So this project will help Facebook users to get more services easily.

[DoublerHunter]

^ This is ridiculous I am not sure where from earth came this idea of OP that no one will be investing in Libra if Facebook will launch it. If that is the case then why should Facebook will create their own stable coin if no one will patronize it or if it has no use at all. Nevertheless, we all know that Facebook is one of the most influential social media platforms nowadays and try to imagine the number of their account holders with this, we cannot jump to the conclusion that none of them would get curious and try owning at least one. Probably OP just wants to annoy people in this community as per the topics that he posted previously and I am not sure if he joins this community voluntarily or someone asked him to do so in exchange for something.