Bitcoin Forum

Economy => Marketplace => Topic started by: abstraction on February 07, 2011, 10:26:48 PM



Title: Facebook Credits
Post by: abstraction on February 07, 2011, 10:26:48 PM
I'm not exactly sure how the Facebook credit system works, but I had an idea. Buy FB credits from an app developer in exchange for bitcoins. Create a FB app that is a game that gives out the credits. While looking and functioning like a game, it also mines for bitcoins. Does this have any merit?


Title: Re: Facebook Credits
Post by: bitdragon on February 08, 2011, 12:43:33 AM
The fees charged for FBcredits is monstrous at a whopping 30% which makes it absurd from the start in my opinion.


Title: Re: Facebook Credits
Post by: abstraction on February 08, 2011, 01:04:43 AM
Will FB peg their credits to USD or some other inflating currency, or will they let them float? If they peg, bitcoins will look appealing eventually even with the 30% fee cashing out.


Title: Re: Facebook Credits
Post by: caveden on February 08, 2011, 08:07:20 AM
I've heard in this forum that it's pegged to the dollar.