Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Stable Coins Forum => Topic started by: Muneeb22 on March 10, 2020, 04:35:44 AM
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
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Perhaps. If it even launches, considering how large the pushback (https://www.forexbrokerz.com/news/tags/libra) against it has been.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
Stable coins reflect the current price of the regular currency they are secured with. However, the Libra coin will be provided with different currencies of states and even financial assets of business structures. Therefore, depending on the percentage of currencies and assets that Libra will be provided with, in my opinion, some average price of this stable coin will be set. Since the price of ordinary currencies of states is not very high compared to the price of bitcoin, then the price of Libra should not be high. This price will not rise either, as this will contradict the meaning of stable coins.
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Libra isn't out yet and it may never come out considering the pushback against it (https://www.forexbrokerz.com/news/tags/libra) and the current crisis, I am not sure how it can be better than Bitcoin.
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Perhaps the full difference between Bitcoin and Libra is where you can use the two cryptocurrencies. At this point in time, Libra hasn’t been officially released, so it’s not able to be used at all.So there can be no comparison.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
Coin Libra, even if it is issued, will not be expensive. All stable coins cost as much as their normal currency, which they provide. Scales are provided by many currencies of states and its value will be equal to the approximate value of these currencies. It is unlikely to cost more than an English pound. In the future, its price will not increase, since it is still a stable coin.
All stable coins as a whole compete with bitcoin and other decentralized cryptocurrencies as a means of payment.
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I can't believe that Libra coins will be better than BTC. Libra to date has not been issued and the development of this coin does not exist. I personally can't expect much about the Libra coin because there are still a lot of good quality coins.
If talking about the future, maybe a Libra coin could have a selling value. But the selling value also will not be high. Bitcoin will continue to be the best coin.
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We can not compare both coin now until libra is launched, and i also think there are no basis to compare bitcoin with libra coin since libra is not yet in the crypto market or any where in the world. Let wait see and see how libra team overcomes all it's challenges facing them.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
Libra is not on ground of battle field sir. On the other hand BTC in battle field. So please don't compare with that token which is not still into market. First Libra has to come in market and then we will see which token will strong or not, until then think for BTC :D
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
Libra is not on ground of battle field sir. On the other hand BTC in battle field. So please don't compare with that token which is not still into market. First Libra has to come in market and then we will see which token will strong or not, until then think for BTC :D
In short, to define who is better and stronger both must be in the battle field where performance and reliability will witness. For now, I'm convinced that btc is the best and reliable as what others believed.
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I anticipate that Libra will not launch this year—at least not in anything close to the format Facebook initially promised.Libra has a long way to go to win BTC.
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No, Libra Coins are fully backed by a reserve of assets made up of cash or cash equivalents and very short-term government securities. This ensures people and businesses have confidence that their Libra Coins can be converted into their local currency when they need it to be.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
No, I think Bitcoin is still the best and the King of crypto currency. Libra is good coin, But Bitcoin is still popular and valuable.
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I am not sure about this because it is certain LIBRA has someone in his face and that is Mark Zuckerberg.
If an altcoins has a #DevelopmentTeam then there is certainly a lot of manipulation that will be created, whether it's vision, mission, goals or the issue of the price with the disposal of coins.
I am not sure that LIBRA will surpass the price of Bitcoin because Bitcoin is still the same as it used to be natural, like real gold mined from the bowels of the earth.
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ETH, XRP, LTC, BCH, EOS ... all the largest cryptocurrencies are still not comparable with BTC, so Libra, a new token, has no chance of winning in the comparison with BTC. :)
Libra has a number of major partners, Libra is backed by the social network Facebook, but that is not enough to be king in the world of crypto.
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Libra needs to come out first and then we'll see whether it will overtake Bitcoin in terms of popularity. As it was, there was a lot of pushback against it from various political and financial institutions which forced redesign of the stablecoin. (https://www.forexbrokerz.com/news/facebooks-libra-proposes-multiple-single-currency-stablecoins) Let's see whether the new version will be accepted better.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
Everything is possible, But Bitcoin is still the best than other. because bitcoin price will affect to all cryptocurrency. Bitcoin is the first of cryptocurrency. I still believe bitcoin will have good price at this year.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
I think It is impossible, Bitcoin is still the best today. Maybe Libra coin will make great price, But I still all crypto currency follow the bitcoin price. Because bitcoin is the king of crypto currency.
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I think BTC the best coin until now. Maybe, Libra just be the rival of BTC
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
Everything is possible, But Bitcoin is still the best than other. because bitcoin price will affect to all cryptocurrency. Bitcoin is the first of cryptocurrency. I still believe bitcoin will have good price at this year.
The price of Libra cannot be higher than the price of ordinary currencies with which it will be provided, since it is just a stable coin. As one of the stable coins, it cannot grow in value. Since Libra will be provided with different currencies and financial assets, its price will be somewhere in between. Also, if this coin ever appears at all.
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Libra is also a centralized Cryptocurrecy, this is not good, everyone know that's not gonna end well.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
Where did you get this information that Libra coin is better than Bitcoin? Seriously?
How can you say it is better than bitcoin if Libra coin is not yet launching its token in the crypto
business. It means obviously, you are just hyping people or anyone here to believe it has potential better than Bitcoin, where the truth was is not.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
I think It is possible, But I dont agree about that. I still believe bitcoin is the best of crypto currency, because bitcoin has big community and more popular than other crypto currency.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
oh.. no..
I think It is not true. It is impossible. Libra coin is not better than bitcoin. Bitcoin is the pioneer of cryptocurrency. It is more popular than other coin. So I think Libra never overtake and better than bitcoin.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
There are some people who do not have common sense. They tell many miracles that are not possible in reality. A few days ago, a man said on his Facebook status that the price of ETH will be $6000 in 2020. How much he did not say to the healthy brain. I commented that he is mentally ill or not? He replied, you don't know about cryptocurrency. There are many people who do not know anything. But makes various comments. Those who say Libra coin will surpass btc are really mentally ill. However, I think libra coin should be brought to the market soon. The future of libra coin will be better. Please don't talk about miracles.
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Libra - it will be a stable coin, which should cost as much as the usual currency of the states with which it is provided. However, the peculiarity of Libra is that it must be provided with different currencies of the states as well as securities. In this case, the price of the Libra coin will nevertheless not be higher than the price of financial assets with which it will be provided. The price of Libra also cannot grow in price over time and bring profit to its holders. Therefore, rumors that the Libra coin can exceed the price of bitcoin are nothing more than rumors. Scales can cost no more than one thousandth of the price of bitcoin.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
Maybe anythinh will be happen at the future. But we must know, Untill today Bitcoin is superior. Butcoin is still the best and the King of crypto currency. Libra is potential coin, But It is really hard and difficult for libra to overtake bitcoin.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
It's not possible.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
I think It is impossible.. Bitcoin is still the best and bigger community. I dont believe libra is better than bitcoin. It will take several years again to compete with bitcoin. Maybe on technology, libra can compete with bitcoin.
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Launching of libra coin is still like a dream for who wants to Invest in Libra . I never believe that Libra or any other currency who even come closer to bitcoin .
Bitcoin coinmarketcap value is like a huge number ( in Usdt ) and libra still a pending project .
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Still , Libra didn't enter in market , this is still a pending project more than a year . Libra is going be a stable coin , I didn't think that we should compare libra with Bitcoin .
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Not even close, LIbra will be centralized, this is enough to see that libra will not be better than Bitcoin or any kind of good cryptocurrency. keep using Bitcoin :)
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Looks like this ratio is 1% compared to 99%, if you look at the calculations available.
We can assume if Bitcoin has become 99% it is because it has become the parent of all crytpocurrency and we don't need to ask anymore about that.
Let's try to see LIBRA which is only 1% with no breath in the form of Bitcoin, is this the same equality?
LIBRA is still far away if you want to be better than Bitcoin !!
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Is there any latest news about Libra? How's the progress?
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Libra coin officially not released so how can I compare with bitcoin or other alt coin. If I say Libra is nothing, can you say something? I think you can not because it is not released.
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No,,, libra a popular cryptocurrency but not the best than bitcoin.
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“Bitcoin is permissionless, fully decentralized, deflationary and volatile. Libra is permissioned, more centralized, governed by supply and demand and pegged to fiat currencies.” ... Bitcoin on the other hand has a fixed supply.
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it will be best coin give every one big profit but cant cross btc and btc is not a smiple coin its monster coin
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it will be best coin give every one big profit but cant cross btc and btc is not a smiple coin its monster coin
The Libra coin, even if it is issued, cannot bring profit to its owners, as it is only a stablecoin. This project was relevant a year ago, but lost its relevance due to numerous problems with regulators and delayed release, as well as due to the expected massive appearance on the cryptocurrency market of stable coins of states, that is, their digitized currencies.
Libra could not even theoretically compete with bitcoin.
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Prediction to Libra coin is a normal thing but I think those people who predicted Libra best coin than bitcoin doesn't know what they are talking about. Bitcoin price rally higher than altcoins, Libra will be included in the list.
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I can say that nothing can be like bitcoin. Aside from that how can this trade prove that libra could be better than bitcoin if it is presented unclear and just because it has being said by others.
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Perhaps. If it even launches, considering how large the pushback (https://www.forexbrokerz.com/news/tags/libra) against it has been.
Something will be happened just wait. BTC is the most increasable coin in the crypto market have i ever seen and now the price are growing nobody will not say what would be the last destination of BTC.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
No, bitcoin is still the best in Crypto currency now. Bitcoin is number one and I see bitcoin has shown good performance at the Crypto market. Libra is better in technology but Bitcoin is still super ior and biggest community. it is my opinion.
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i dont think soo, even i dont see cmc market this coin.so how became best libra. at first need to a good start then you can compare with some. its a very funny topic for me. sorry if i wrong.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
Libra becomes everyone's focal point. But where is Libra now? I don't see any progress from Libra.
Currently, the price of YFI has exceeded the price of Bitcoin even though it is still new, but Libra was discussed several years ago, but until now it does not exist.
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In terms of investors, LIBRA is indeed able to attract interest because LIBRA is very strong in the full support of well-known investors.
But as a community, LIBRA is far behind and even tends not to be launched.
Bitcoin and LIBRA have their own purpose and LIBRA is no better than Bitcoin to date!
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In terms of investors, LIBRA is indeed able to attract interest because LIBRA is very strong in the full support of well-known investors.
But as a community, LIBRA is far behind and even tends not to be launched.
Bitcoin and LIBRA have their own purpose and LIBRA is no better than Bitcoin to date!
Maybe Libra is strong coin but as long as it is not in the market, the potential and capability is questionable. Yes, Bitcoin and Libra have their own purpose but they are the same coin that will lead the crypto. However, Libra remains finding for now.
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We can not compare both coin now until libra is launched, and i also think there are no basis to compare bitcoin with libra coin since libra is not yet in the crypto market or any where in the world. Let wait see and see how libra team overcomes all it's challenges facing them.
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We can not compare both coin now until libra is launched, and i also think there are no basis to compare bitcoin with libra coin since libra is not yet in the crypto market or any where in the world. Let wait see and see how libra team overcomes all it's challenges facing them.
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Bitcoin is the King of cryptocurrenc. Bitcoin is the best of the all coin. All stable coins cost as much as their normal currency, which they provide. Scales are provided by many currencies of states and its value will be equal to the approximate value of these currencies.
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In my opinion, it is silly and pointless to compare Bitcoin and the non-existent Libra. Libra, if ever released, is a regular stablecoin, of which there are already hundreds. It will actually have signs of the common currencies of the states with which it will be backed, but it will work on blockchain technology. It is not even a full-fledged cryptocurrency, much less decentralized.
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The bitcoin market is full of ups and downs, causing consumers to think about a lot more often before investing in bitcoin. libra coin is being planned for large companies, such as eBay, PayPal, MasterCard, Vodafone, uber, etc. I expect both to perform well for the future.
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If LIBRA is better than Bitcoin, maybe now LIBRA is already on the list of the top 150 coins and even at number 2 on Coinmarketcap.
Now take a look at the market, where is LIBRA?
Where does LIBRA live?
Is there a decent life at the LIBRA house?
It seems that the answer is "no" and LIBRA is still bad when compared to Bitcoin. lol
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
No, Libra is better than bitcoin. I think bitcoin is still the best. Maybe Libra technology is better than bitcoin, but not for popularity. Bitcoin popularity is still the best, I have see many investors have bought more bitcoin now.
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It is difficult for now to say what will happen to Libra and what price will Libra have, so first we need to wait for 2021 and the release of Libra is expected in 2021, and then we will can already see what the Libra cryptocurrency is capable of and of course we should not compare Libra with BTC, because BTC is the most popular and demanded cryptocurrency around the world.
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I don't think LIBRA can match Bitcoin's strength.
Many want to be similar to Bitcoin from a well-known company but they eventually collapsed with their own weaknesses.
The assets of the real world and the digital world are different, so when companies that are real in their fields cannot replace Bitcon in the digital world with characters that are difficult to control.
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Bitcoin is permission less, fully decentralized, deflationary and volatile. Libra is permissioned, more centralized, governed by supply and demand and pegged to fiat currencies. Libras are created or burned when one of Libra's authorized resellers deposit or withdraw money from its reserve.
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Bitcoin is permissionless, fully decentralized, deflationary and volatile. Libra is permissioned, more centralized, governed by supply and demand and pegged to fiat currencies. Libras are created or burned when one of Libra's authorized resellers deposit or withdraw money from its reserve.
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Perhaps. If it even launches, considering how large the pushback (https://www.forexbrokerz.com/news/tags/libra) against it has been.
Still the Libra coin is not launched when it comes in the market that time we saw that how much this coin make a great pump or dumb. Libra coin is a very strong project.
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No, Libra is better than bitcoin.
Libra is expected in 2021, and then we will can already see what the Libra cryptocurrency.but it will work on blockchain technology. It is not even a full-fledged cryptocurrency, much less decentralized. Let wait see and see how libra team overcomes all it's challenges facing them.
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Libra is not yet in the market, it is only being discussed, and bitcoin is the cryptocurrency king. Libra may be good but cannot be better than bitcoin, I believe.
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Bitcoin is permissionless, fully decentralized, deflationary and volatile. Libra is permissioned, more centralized, already see what the Libra cryptocurrency is capable of and of course we should not compare Libra with BTC.I have see many investors have bought more bitcoin now.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
I think Libra will not cross the Bitcoin. Now Libra is not yet in the crypto market. May be Libra is good coin but can not be better than Bitcoin. On the other side Bitcoin is still the best coin in crypto market. It’s the king of all coins.
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As a stable coin, it would only make sense if you lived in a country that is being subjected to trade restrictions on the usage of the dollar or Euro. Take for example Venezuela, where the banking system has collapsed, and holding on to a stable coin would make perfect sense as your own national currency is down in the dumps. Bitcoin is still the preferred choice in such circumstances especially with a lingering trade war in place.
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As a stable coin, it would only make sense if you lived in a country that is being subjected to trade restrictions on the usage of the dollar or Euro. Take for example Venezuela, where the banking system has collapsed, and holding on to a stable coin would make perfect sense as your own national currency is down in the dumps. Bitcoin is still the preferred choice in such circumstances especially with a lingering trade war in place.
The example of Venezuela is not very successful, because this country is under American sanctions. Accordingly, for the citizens of this country, restrictions on the use of Diem will be mandatory.
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Cryptocurrency creators prefer coins whose prices are highly volatile like Bitcoin, because with that we can get a large profit from trading or investing, and that is owned by Bitcoin. Libra coin is stable, it seems to me not worth investing in. For me Bitcoin is still better than Libra.
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And if LIBRA is really created, can launch on the market then LIBRA can be like what you have been talking about, namely LIBRA is not better than Bitcoin.
But if LIBRA can't be launched on the market then LIBRA will only be a pile of mortal stories that complement the cryptocurrency market.
I can speak like this because when Bitcoin reached its lowest point in 2019 and now Bitcoin is at its highest point, LIBRA is still sleeping comfortably without any development.
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Libra is not yet in the market, it is only being discussed, and bitcoin is the cryptocurrency king. Libra may be good but cannot be better than bitcoin, I believe.
I can't understand how you can compare bitcoin with stablecoin? After all, no one now compares USDT with BTC. If someone wants to save their money, they buy USDT, and those who plan to make a profit, they buy BTC.
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Cryptocurrency creators prefer coins whose prices are highly volatile like Bitcoin.May be Libra is good coin but can not be better than Bitcoin. On the other side Bitcoin is still the best coin in crypto market. Libra coin is a very strong project.Bitcon in the digital world with characters that are difficult to control.
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Steady coins reflect the current cost of the standard cash they are secured with. In any case, the Libra coin will be given with diverse monetary standards of states and indeed money related resources of trade structures. Subsequently, depending on the rate of monetary standards and resources that Libra will be given with, in my conclusion, a few normal cost of this steady coin will be set.Libra still facing isssues if sec allow it then it will be used commonly for FB payment.
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When the name of the project was announced, it made a lot of noise, but there were many big companies leaving the project afterwards. I don't know what will happen next, but there has been no information sharing about the project for a long time. Even if the coin is mined, it may not be very demanding.
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Libra coins have gained widespread popularity in cryptocurrencies. Nowadays, Libra has seen a huge increase in the number of investors and the price of Libra coins has started to rise. However, no matter how much the price of Libra coins continues to rise, Bitcoin cannot leave because Bitcoin is the best coin of all coins.
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Bitcoin is the king of all coins. Bitcoin Libra occupies a wide place in cryptocurrencies and is much less popular. So although the popularity of the Libyan coin is slowly increasing, it will not be equal to the bitcoin.
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Libra and bitcoin differ in many ways, from the technology behind them to the way they are used. Libra is not on the battlefield, sir. BTC, on the other hand, is a battlefield. So please don't compare this token which is not in the market yet. First Libra has to come into the market and then we will see which token will be stronger or not, then think for BTC
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No Never I Don't Think That. Bitcoin is Best and It Is the Father of Cryptocurrency. Libra is will good Coin but Never will Comparable with Bitcoin. I Think Bitcoin is Bitcoin it is Never Comparable with any others Cryptocurrency.
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That's just nonsense, and until now I haven't seen any significant development in libra. Even Libra Now renamed, DIEM. BTC is the king of Cryptocurrency, it will not be possible to beat other coins, especially stable coins like Libra.
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This thread is a joke, right?. Libra, if one day it exists and is presented to the public, it has nothing to do with Bitcoin, simply due to the fact that it is owned by a company, a company that sells the identity of its users. That is one of the main reasons people stay away from Libra, and if someone invests in Libra, they have money to spare or have mental problems.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
In terms of what Libra will do better than BTC, it seems like an impossible thing. Even now this project looks like a dead project.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
I think this is a funny thing, Libra or Diem that we haven't seen the development of but is predicted to surpass Bitcoin ? This is impossible, and this prediction is completely unreasonable.
Libra or Diem are very slow, that's what I see ! It will be tough if you want to compete with Bitcoin.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
I think this is a funny thing, Libra or Diem that we haven't seen the development of but is predicted to surpass Bitcoin ? This is impossible, and this prediction is completely unreasonable.
Libra or Diem are very slow, that's what I see ! It will be tough if you want to compete with Bitcoin.
To my knowledge, the Libra/Diem stablecoin project never materialized. The project itself was sold to some bank and I have not heard any more information about this yet unreleased coin. So it really does sound like a joke to compare a stablecoin that doesn't exist yet to Bitcoin. I didn't even think that a section about Libra/Diem still existed on this forum.
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To my knowledge, the Libra/Diem stablecoin project never materialized. The project itself was sold to some bank and I have not heard any more information about this yet unreleased coin. So it really does sound like a joke to compare a stablecoin that doesn't exist yet to Bitcoin. I didn't even think that a section about Libra/Diem still existed on this forum.
That is precisely what I said in my last post in this thread, you can see it above. Libra was just smoke, an idea that never saw and will never see the light of day. Those responsible for Libra only took advantage of the opportune moment in the market to launch their "project", an idea, a vision, but in reality nothing that was going to materialize into a solid project in continuous development. Libra is not better than Bitcoin because Libra simply does not exist, it was just something to make money from some investors.
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The comparison between Libra (now known as Diem) and Bitcoin depends on the perspective and the intended use. Both have different purposes and structures.
Bitcoin is a decentralized, permissionless cryptocurrency designed to operate without a central authority. It's known for its limited supply, censorship resistance, and being a store of value.
Libra (Diem) was initially proposed by Facebook as a stablecoin pegged to a basket of fiat currencies. Its design aims for stability, making it suitable for transactions and daily use.
Whether one is "better" than the other depends on your goals. Bitcoin is often seen as a decentralized alternative store of value, while Diem aims to be a stable and efficient means of transaction. Consider your use case and preferences when choosing between them.
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I saw some reports and that reports will show that the Libra coin is a stable coin but some peoples will say that the Libra coin will make a great price and it will cross the BTC, how is that possible?
and in reality, libra is sinking into silence, and btc remains the main one, there are many coins whose price will exceed bitcoin in fact it is not possible to reach 1/4 of the value of btc