I think this status bubble should display your first name only because people could look you up in the phonebook and only your friends could she it. Mood meter that describes how you are feeling (emoji). Describes your hobbies so people who enjoy the same thing can talk to you about it.
You could bring the bubble don't to your eyes / hold it in front of you and face time or call friends all at once so you can all chat about stuff at work or school or something. It would say if you were in primary, intermediate, high school or university. I should say if you are single or married. Have setting like only these people can see whats on my bubble.
I think this would change day to day life and interactions because you could know what each other like and talk about that. You could know if someone was not enjoying themselves or if they are. I think this would be really interesting to try out.