Quote from: omonuyak on August 07, 2019, 08:38:06 PM

Quote from: bolajiy123 on August 04, 2019, 06:41:51 PM

what do you think about the Facebooks Libra, could it be the future of altcoin? one thing always amuse me about Facebook's coin till today, there was a time Mark never supported Crypto and now Lauching coin

I could remember that Facebook ban bitcoin and cryptocurrency ads in 2017 and that brought bitcoin market down in 2018. I strongly believe that that time the aim of banning crypto's ads was to kill the market and bring out their own coins but thing change and Bitcoin became stronger this year.

I don't think that's the reason why Bitcoin dropped during that time but it was due to the correction which is normal by the way when the market is from surging. Facebook banning crypto ads on their platform has nothing to do with the market down in 2018. Facebook Libra is just another stable coin that is used for payment only and it is not a threat to Bitcoin.