Jul 08 2019 at 11:39
frankmartin1 posted:jamesgwyther posted:Sure the new thing is really interesting.
Will be interesting to see.
Yes but there are often new Crypto's, this one has got people interested like never before imo
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.
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.
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 😝
Jul 09 2019 at 14:07
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.
Then you are a rich man.
Jul 09 2019 at 20:37
Facebook's Libra cryptocurrency faces more backlash
The Indian government has joined the Libra pushback, a report says.
In April 2018, all entities regulated by the Reserve Bank of India were banned from dealing in cryptocurrencies and virtual coins, although individuals trading currencies like bitcoin remains legal.
India considering not allowing the currency to be traded at all, according to a Bloomberg report Monday.
The Indian government has joined the Libra pushback, a report says.
In April 2018, all entities regulated by the Reserve Bank of India were banned from dealing in cryptocurrencies and virtual coins, although individuals trading currencies like bitcoin remains legal.
India considering not allowing the currency to be traded at all, according to a Bloomberg report Monday.
There seems to be increasing regulatory discussion over crypto. I think this could be good in the long run but may cause problems for the current crop of cryptos. Libra could be best placed to take over
Jul 10 2019 at 14:38
Mulberry posted:
There seems to be increasing regulatory discussion over crypto. I think this could be good in the long run but may cause problems for the current crop of cryptos. Libra could be best placed to take over
The whole point of Crypto though is that it is not regulated.
Jul 11 2019 at 14:44
Fed Chair Jerome Powell said : Facebook’s cryptocurrency raises - I have ‘serious concerns’ with Facebook’s crypto plans
Jul 12 2019 at 14:49
frankmartin1 posted:
Fed Chair Jerome Powell said : Facebook’s cryptocurrency raises - I have ‘serious concerns’ with Facebook’s crypto plans
I am sure a lot of people will. NO surprises there.
frankmartin1 posted:
Fed Chair Jerome Powell said : Facebook’s cryptocurrency raises - I have ‘serious concerns’ with Facebook’s crypto plans
Do you know? Libra is a stable coin? This is why, I don’t think it’ll be effective to the retail investors!
Jul 20 2019 at 20:27
@AniLorak did you mean stable coin wouldn't effect on investment markets?
Jul 20 2019 at 20:31
Anyway, just trying to guess what could be! Thanks, everyone for a participant. 😐
frankmartin1 posted:
@AniLorak did you mean stable coin wouldn't effect on investment markets?
Basically; retail investors aren’t interested about stable coin since the prices are stable here!
Jul 29 2019 at 05:40
AmDiab posted:frankmartin1 posted:
@AniLorak did you mean stable coin wouldn't effect on investment markets?
Basically; retail investors aren’t interested about stable coin since the prices are stable here!
That means there is no chance for ICO & IEO, isn’t ?
As I see; now Libra is on huge trouble; because of regulation issue!
well, that was going to happen one day, was very sure of that. such a big company launching had to be restricted.
Oct 01 2019 at 15:19
AniLorak posted:
As I see; now Libra is on huge trouble; because of regulation issue!
Ah is it??
Oct 05 2019 at 00:53
regulators want to shut it down, but if you actually look into the finer details, libra would be buying government debt (t-bills) from several nations for a somewhat stable value. The issue still remains that you are buying essentially IOU's and expecting it to work out in the end.
Be humble
Oct 06 2019 at 08:17
I haven't been keeping up with LIbra stuff
