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❓ASK Worst case scenario for BTC If Libra explodes

ElonRuskovski

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I heard people saying it won't affect bitcoin at all, and others say it might destroy it

I wonder what's your opinion about it?
 
Naturally, everything depends on people. If they do not contribute, then prices for bitcoin will fall, and vice versa, if depositors buy it in large quantities, then the price for bitcoin will rise to the skies)
 
I have heard some scam faucets/airdrops from libra. Is the real libra team organizing airdrop, faucets and referral program? I wanted to know because this is Facebook's coin , so it has lot of potential.
 
The price of Bitcoin will only be slightly affected by it will not be completed is it it has its own potential to hold on but yes it will be slightly affected
 
I doubt libra will explode anytime soon , as it is not that well established yet unlike bitcoin, I doubt it can even go head to head with bitcoin
 
the worst case scenario is bitcoin will be low not liek now and only people who cares about their privacy and maybe hackers and illegal business owners will work with it
 
even if it gets to its worst than Bitcoin will be effective only slightly from its glory and that is only considering it hypothetically that things go to the worst which are not expected to happen and Bitcoin ain't going anywhere
 
I doubt libra will explode anytime soon , as it is not that well established yet unlike bitcoin, I doubt it can even go head to head with bitcoin
I agree with you, Bitcoin is just too established to be relegated to the background easily.i doubt a lot of people even on Facebook knows or have even hesrd about Libra unlike Bitcoin.
 
I agree with you, Bitcoin is just too established to be relegated to the background easily.i doubt a lot of people even on Facebook knows or have even hesrd about Libra unlike Bitcoin.
I've been using facebook for a long time and have been active in the crypto community yet i didn't even heard of libra untill recently
 
I've been using facebook for a long time and have been active in the crypto community yet i didn't even heard of libra untill recently
I believe you because I have come across people on my Facebook group thar doesn't even know about Bitcoin so Libra will sound strange to them unlike there will be aggressive promotion about it I don't see Libra exploding soon.
 
I believe you because I have come across people on my Facebook group thar doesn't even know about Bitcoin so Libra will sound strange to them unlike there will be aggressive promotion about it I don't see Libra exploding soon.
Facebook isn't even educating nor
making its users aware of libra yet alone cryptocurrency as a whole whereas most of the users in facebook doesn't even have a clue about crypto no wonder the first token fb launched was a mess
 
Facebook is known for their bad business practices, like how they bloat the views number their video platform has several years back, not to mention, numerous privacy related problems, only dumb people will believe Libra will outrank BTC, which focuses on anonymity.
 
Facebook is known for their bad business practices, like how they bloat the views number their video platform has several years back, not to mention, numerous privacy related problems, only dumb people will believe Libra will outrank BTC, which focuses on anonymity.
Lately , content creators seems to like streaming on facebook. Facebook may be improving on some aspects but definitely not on the cryptocurrency part
 
Facebook isn't even educating nor
making its users aware of libra yet alone cryptocurrency as a whole whereas most of the users in facebook doesn't even have a clue about crypto no wonder the first token fb launched was a mess
Thats the issue the lack of awareness mess it up. Well,Libra isn't yet launched so it might be the cause of the nonchalant attitude,let see what happens in time to come
 
I don't think that the king of points has any danger from any other point if Libra explodes it will only have a little impact on bitcoins
yep, in no way can libra overtake bitcoin, it might even help bitcoin raise bitcoin's price if ever it explodes to the users of facebook, more people will just get to know crypto
 
Libra sounds very promising but remains to be watched if they overtake Bitcoin or not. It all depends on the strategies implemented by Facebook and the level of acceptance by investors.
persons with the libra project has so far are not doing good promoting the said token though, even in their own platform facebook, lots of users there still don't know about crypto
 
persons with the libra project has so far are not doing good promoting the said token though, even in their own platform facebook, lots of users there still don't know about crypto
I heard news that the original team which was developing the libra have now broken and a part of them is going to start thier own cryptocurrency
 
Libra has no future at the moment,also this coin is stable coin so I don't see how the coin can explode nor affect the value of bitcoin , they are not comparable.
 

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