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Facebook currency libra

Jun 26, 2019 at 11:14
1,760 Views
41 Replies
Member Since Dec 18, 2018   46 posts
Jun 26, 2019 at 11:14
What is the latest update about facbook new currency the 'libra'?

What are you expecting from it? Will, it benefited for the digital world?
Member Since Jun 26, 2019   11 posts
Jun 26, 2019 at 11:33
Could be the only digital currency that actually works as a currency. It will be pegged to a basket of other currencies so should be very stable
Member Since Apr 18, 2019   30 posts
Jun 28, 2019 at 06:54
So far I have heard only very negative news anyway about that thing completely. And many many major banks do not completely support all this matter anyway, what do you say about that ? I wouldn't advise to buy it anyway. Thanks in advance.
Member Since Apr 18, 2017   920 posts
Jun 28, 2019 at 16:01
I have doubt; since facebook is a controversial issue itself! So; there is no way to spend more time on Libra!
Member Since Dec 18, 2018   46 posts
Jun 30, 2019 at 06:31
@Andromaris what you have heard?
Member Since Jun 28, 2019   11 posts
Jun 30, 2019 at 06:31
I have only heard good things about Libra. I think there is a lot of opinion out there at the moment. Only time will tell. But this will no be a speculative currency like BTC so as traders we shouldn't be to interested
Member Since Apr 18, 2017   718 posts
Jun 30, 2019 at 06:34
I am no excited on Libra; since it will be not decentralized market! But I see, the hype of Libra!
Member Since Dec 18, 2018   46 posts
Jun 30, 2019 at 09:50
@AmDiab But i am excited! I hope it will be helpful for people. People could use it easily. Especially for facebook payment, bye and sell anything and more....
Member Since Apr 18, 2017   718 posts
Jul 01, 2019 at 10:23
frankmartin1 posted:
@AmDiab But i am excited! I hope it will be helpful for people. People could use it easily. Especially for facebook payment, bye and sell anything and more....

Yes no doubt on it! But be sure, facebook will not allow to use libra with KYC; that’s not proper way of crypto currency!
Member Since Dec 18, 2018   46 posts
Jul 02, 2019 at 06:59
@AmDiab Maybe it is not the proper way of cryptocurrency! But, mark zuckerberg may force central banks to create their own!

Have you seen? The Russian Ministry of Finance will not issue any special regulations for Facebook’s upcoming digital currency Libra, deputy minister Alexei Moisseev said Monday.

And also said “Nobody is going to ban it. “
Member Since Jun 25, 2019   10 posts
Jul 02, 2019 at 09:53
Libra will be a success and kill other crypto because people will realize they are utterly useless and based only on hype
Member Since Dec 18, 2018   46 posts
Jul 02, 2019 at 19:12
I think libra can't do it cause crypto have a good reputation on the market.
Member Since Jan 05, 2016   1189 posts
Jul 04, 2019 at 20:02
frankmartin1 posted:
What is the latest update about facbook new currency the 'libra'?

What are you expecting from it? Will, it benefited for the digital world?

I'm not expecting anything from it. I personally view it as just another digital coin trying to build up hype.

Maybe it will be successful, maybe it will fail.

As with any investment, it is important to diversify and not put too much into any one specific market or instrument.

If it presents a good trading opportunity then it will have people trading it.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Dec 18, 2018   46 posts
Jul 04, 2019 at 22:37
House lawmakers officially ask Facebook to put Libra cryptocurrency project on hold
Member Since Jul 05, 2019   12 posts
Jul 05, 2019 at 11:24
Really? I wonder why that was? Did they say? Do you have any articles?
Member Since Dec 18, 2018   46 posts
Jul 05, 2019 at 15:08
@Professional4X your all thinks is negative, can I know the reason? 😉
Member Since Jun 26, 2019   11 posts
Jul 08, 2019 at 10:00
Maybe he bought BTC when it was at $20k 😉. That would make me angry too
Member Since Jan 05, 2016   1189 posts
Jul 08, 2019 at 19:49
frankmartin1 posted:
@Professional4X your all thinks is negative, can I know the reason? 😉

None of what I said was actually negative.

But rather it was my OPINION on the matter in response to the questions as indicated below.

The questions asked were.

What is the latest update about facbook new currency the 'libra'?
What are you expecting from it? Will, it benefited for the digital world?

What am I expecting from the new digital currency? Nothing.
I have a real world view of investing and understand that it's just another possibility for investing.
Maybe it will fail, maybe it will succeed. Doesn't matter to me either way because if it's going to succeed, then I will go long and invest in it. If it's going to fail then I'll go short and invest against it. It's just basic investment idea.
That IS of course what investors do right?


If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Jan 05, 2016   1189 posts
Jul 08, 2019 at 19:53
Laksa56 posted:
Maybe he bought BTC when it was at $20k 😉. That would make me angry too

Actually I obtained several hundred BTC and put them into cold storage in 2011.
It's was just another investment opportunity, which paid off very nicely.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Dec 18, 2018   46 posts
Jul 09, 2019 at 12:00
Professional4X posted:
Laksa56 posted:
Maybe he bought BTC when it was at $20k 😉. That would make me angry too

Actually I obtained several hundred BTC and put them into cold storage in 2011.
It's was just another investment opportunity, which paid off very nicely.

Ha ha ha interesting 😝
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