Hello everyone so now i want to share a very good information with that the facebook community says the the price of facebook will be stable like a USD so its mean that there is no threat for bitcoin because all investors want that they gain more profit in short time that is why they invest their money in bitcoin because the btc price is fluctuated and for good investment need the unstable price.
When you make this sort of post, please back it up with some source. You just can't use this sub-forum to paste your random thoughts.
From what we have heard, the Libracoin (FB Coin) will be backed up by real assets and its exchange prices will be determined by the market dynamics. Now that goes against your claim that it's exchange rate will be pegged against one of the major national currencies. You can check this source:
https://www.ft.com/content/af6b1d48-90cc-11e9-aea1-2b1d33ac3271Libra will be backed by a pool of currencies and assets stored around the world. It will not have a fixed exchange rate against any one traditional currency, such as dollars and euros, though it will not swing as wildly as cryptocurrencies such as bitcoin.