Title: Alt. to LocalBitcoins. Buy bitcoins from your social network Post by: leek_rs on November 01, 2013, 06:42:20 PM I was thinking of making an alternative to LC that allows you to buy bitcoins from friends of friends. Has anyone thought of doing something like this yet?
It would show you who in your extended friend network has bitcoins. Obviously, they'd have to have signed up for the app too. But that would probably make people more comfortable than buying from complete strangers on local bitcoins. What do you think? *EDIT: link to completed site www.friendswithcoins.com (http://www.friendswithcoins.com) Benefits For Sellers
For Buyers
Title: Re: Alt. to LocalBitcoins. Buy bitcoins from your social network Post by: Elwar on November 02, 2013, 03:36:25 AM Hmm, perhaps a Facebook app that shows on your wall that you purchased X BTC for Y fiat along with the transaction ID.
This would help prevent chargebacks via humiliation of your friends and family if the payment does not go through. Plus the added bonus of people being exposed to Bitcoin. Title: Re: Alt. to LocalBitcoins. Buy bitcoins from your social network Post by: b!z on November 02, 2013, 05:13:10 AM I think there would be a lot less people you could buy BTC from, if you did that. LocalBitcoins shows all of the people in your area, but your idea would only show a few of the people.
Title: Re: Alt. to LocalBitcoins. Buy bitcoins from your social network Post by: leek_rs on November 15, 2013, 06:15:04 AM Hmm, perhaps a Facebook app that shows on your wall that you purchased X BTC for Y fiat along with the transaction ID. This would help prevent chargebacks via humiliation of your friends and family if the payment does not go through. Plus the added bonus of people being exposed to Bitcoin. I made a wireframe of it last night. It's the landing page but it functions as diagram as well. http://bit.ly/1aWVoCk Title: Re: Alt. to LocalBitcoins. Buy bitcoins from your social network Post by: Elwar on November 15, 2013, 07:35:25 AM Hmm, perhaps a Facebook app that shows on your wall that you purchased X BTC for Y fiat along with the transaction ID. This would help prevent chargebacks via humiliation of your friends and family if the payment does not go through. Plus the added bonus of people being exposed to Bitcoin. I made a wireframe of it last night. It's the landing page but it functions as diagram as well. http://bit.ly/1aWVoCk Looks like something that could work quite well. Title: Re: Alt. to LocalBitcoins. Buy bitcoins from your social network Post by: Sindelar1938 on November 15, 2013, 10:07:30 PM Don't have the broad based critical mass in adoption yet that would make this feasible yet
Great thought though. My sense is could be feasible in another 6 to12 months time Title: Re: Alt. to LocalBitcoins. Buy bitcoins from your social network Post by: Elwar on November 16, 2013, 04:15:34 AM I believe this could be big. Plenty of our friends and family are probably curious about Bitcoin and would want to buy some if they could do it easily through something like PayPal or something easy like that.
Having something pop up on your wall saying "I am looking to sell bitcoins (or buy)" may get some people on your friends list interested. I am up for being part of this if you want to go ahead with it. Though I would not be in 100% as I already have a project. I could possibly contribute programming or money toward such a venture. Title: Re: Alt. to LocalBitcoins. Buy bitcoins from your social network Post by: leek_rs on November 17, 2013, 03:13:01 PM I'm a developer but there's a few things I'm gonna need some assistance with. I'll send you a PM and we can talk on skype.
Title: Re: Alt. to LocalBitcoins. Buy bitcoins from your social network Post by: greBit on November 17, 2013, 07:23:53 PM This could be quite cool.
You could just focus on the "discovery" element, i.e. matching a bitcoin-newbie with a bitcoin-seller on his social graph. I agree that they would be more inclined to trust people that are friends or friends-of-friends than random folk on the interwebs. How about a simple facebook App? You could model it a bit like "bang with friends" app. Sellers can enable the App which will only let interested friends or friends-of-friends find them. There is also no great need to help manage the buying process (escrow / bitcoin addresses etc) since the mutual trust that already exists means this is largely redundant. Title: Re: Alt. to LocalBitcoins. Buy bitcoins from your social network Post by: moonb on November 20, 2013, 10:52:48 AM This sounds like a really good idea! I hope someone makes it happen
Title: Re: Alt. to LocalBitcoins. Buy bitcoins from your social network Post by: leek_rs on December 21, 2013, 06:13:23 AM Beta site
www.friendswithcoins.com Benefits For Sellers
For Buyers
*bug found on Chrome Browser: the "Share Transaction" popup won't close after clicking "Post". Once you click "Post", click outside the popup to close. Title: Re: Alt. to LocalBitcoins. Buy bitcoins from your social network Post by: lclc on December 21, 2013, 10:29:13 AM Good idea, but remove the online wallet. I don't want my friends to use webwallets.
For later (when it's finished) you could also use the distributed identity&reputation database http://identifi.org/. Other ways you have to trust Facebook a bit. Title: Re: Alt. to LocalBitcoins. Buy bitcoins from your social network Post by: whiskers75 on December 21, 2013, 10:32:03 AM Beta site Oh, cool! What's it coded in?www.friendswithcoins.com Benefits For Sellers
For Buyers
*bug found on Chrome Browser: the "Share Transaction" popup won't close after clicking "Post". Once you click "Post", click outside the popup to close. Title: Re: Alt. to LocalBitcoins. Buy bitcoins from your social network Post by: leek_rs on December 21, 2013, 01:46:54 PM Beta site Oh, cool! What's it coded in?www.friendswithcoins.com Benefits For Sellers
For Buyers
*bug found on Chrome Browser: the "Share Transaction" popup won't close after clicking "Post". Once you click "Post", click outside the popup to close. The front end is coded in Ruby on Rails Title: Re: Alt. to LocalBitcoins. Buy bitcoins from your social network Post by: leek_rs on December 22, 2013, 06:29:43 PM Good idea, but remove the online wallet. I don't want my friends to use webwallets. I'm looking at ways to encourage users to download the QT. There's also the issue of getting them around the frustrating realization of having to download the entire blockchain from the beginning. Title: Re: Alt. to LocalBitcoins. Buy bitcoins from your social network Post by: Elwar on December 23, 2013, 10:29:05 AM Good idea, but remove the online wallet. I don't want my friends to use webwallets. For later (when it's finished) you could also use the distributed identity&reputation database http://identifi.org/. Other ways you have to trust Facebook a bit. This type of setup will open up a lot more people to Bitcoin. People who barely know anything about Bitcoin but want to get a few. We need to take baby steps and hand hold through the process. Getting people a few mBTC first is a good start, then they can withdraw to their client once they learn about how to keep their coins secure. The web wallet also helps with an escrow portion of the trade. Friends With Coins is a great way to expose people to Bitcoin. People will see a post on your wall about buying or selling bitcoins and start asking questions, and if they see it on enough of their friend's walls they'll want to try it out. This is the word of mouth type of viral growth that can put bitcoin into a lot of people's hands. Facebook is worldwide, even in China. This will be a way that people in China can get bitcoins within the law through something like alipay which is like China's PayPal with over 550 million users. Title: Re: Alt. to LocalBitcoins. Buy bitcoins from your social network Post by: lclc on December 24, 2013, 08:58:19 AM And then we get the message: "Friendswithcoins got hacked" / "Bitcoins hacked" an all that bullshit again. That's bad press and easy to avoid.
If they want a webwallet point them to Blockchain.info/Coinbase, they have a big team of people looking for the security of their webwallets, which the OP probably doesn't have. They don't have to download the Bitcoin-Qt client, better use Electrum or Multibit. |