BTC and influence of Libra.

[Seerge]

Bitcoin is the king of Cryptocurrency, and LIBRA is a Cryptocurrency coin that will be published by the largest social media in the World.  then who will rule later ?!  if in my opinion, Bitcoin will still be number one.  However, Bitcoin has gained wide-ranging trust from all people and the world.

[zilzylian]

Bitcoin always gets pressure from the government, because Satoshi Nakamoto clearly writes this in the whitepaper.
in fact, this situation will be increasingly difficult for every government that prohibits crypto.
If they find Bitcoin from scratch, I mean if the American government creates Bitcoin, they won't ban cryptocurrency.

[jonathancool220]

The influence of Bitcoin has only been felt since 2016 and then 2017 is the point where Bitcoin returns to the Moon and reaches All Time High.
Then now comes the name Libra, a coin that is supported by the Facebook project in the world of crytpocurrency.

All the effects of these two coins are very effective against all crptoccurency markets.

[Majaz]

I never thought that Libra could press Bitcoin. Bitcoin as the King of Crypto will not be affected by anything including by Libra. Bitcoin will still be the main one. Investors have been very trusting in Bitcoin.

[Alcor]

The Libra project is currently experiencing very big problems and may not appear at all. We also do not yet know the predicted value of this coin, since it will be supported by more than twenty different currencies and other financial assets, or its other functionality. Therefore, it is still very early to talk about how this coin will be able to influence bitcoin. Its influence will be both positive and negative at the same time.

[aiviaa485]

Bitcoin is indeed very strong in financial and privacy if compared to Libra.
But we also know that Libra is very following the flow that is driven by Mark Zuckerberg, who is named Facebook.

Maybe Bitcoin also gets a powerful injection of marketing power from the coming of Libra and this will affect the capitalists of Bitcoin.

[Seeyy]

as strong as any libra coins in cryptocurrency trading will not be able to affect the existence of bitcoin. In my opinion, bitcoin is too strong to be intercepted by any coin. So don't expect to replace bitcoin including libra.

[Klu]

I want to believe that Libra will end up helping to popularize cryptocurrency and in the end, it'll help BTC. Sadly, that's the most optimistic scenario I can come up with.

[Majaz]

bitcoin coins in my opinion do not need any influence and from anywhere. including from libra. libra as a newcomer will not have any impact on bitcoin. believe bitcoin will be able to overcome any obstacles that cause its value to fall.

[Whate]

I don't see bitcoin under the influence of libra. And I don't see that bitcoin has anything to do with libra. Libra stands alone without affecting bitcoin. So I don't think there is any connection between bitcoin and libra.

[Nerglio]

In addition to Bitcoin, people use payment equipment and altcoins, but this did not affect Bitcoin in any way, it is still on top, so I think that Libra will simply become one of the same coins.

[TEE coin]

When Libra was announced officially, it did influence a little to Bitcoin.

However I believe Bitcoin will still be the 'main' and 'center' of it.
Probably like what others said, Libra will tied to Bitcoin anyway.

[Bobcrypto]

Facebook’s fiat and government bond backed cryptocurrency Libra is widely considered a net positive for bitcoin.Still do you think that,Bitcoin has come under pressure ahead of the U.S. governmental hearings on Facebook’s Libra cryptocurrency?

As a matter of fact, Bitcoin has not come under any pressure from Facebook Libra project: bitcoin has soared in the past without any big project like libra  announcement, and i think that bitcoin has come to the point where it can not be influenced by any popular project new start-up.
If you are following up activities on the Facebook Libra planned launch, you may notice that even the US President's tweets couldn't crash the price of bitcoin plus other negative news making around about libra. Infact, bitcoin has gotten the capacity to fluctuate in prices based on the it demand and supply rules and certain speculations.

[docent]

Facebook’s fiat and government bond backed cryptocurrency Libra is widely considered a net positive for bitcoin.Still do you think that,Bitcoin has come under pressure ahead of the U.S. governmental hearings on Facebook’s Libra cryptocurrency?

This situation will be make Bitcoin only better  and stronger 💪

[Alcor]

I do not think that the Libra coin will ever appear at all. After a recent report by the G7 working group and the Bank for International Settlements, in which Libra is called a threat to global financial stability and the monetary system, this will probably kill this project permanently.
If Libra had appeared, then it would have pulled back a portion of the funds and Bitcoin would have been less used as a means of payment.