Bitcoin Forum

Economy => Speculation => Topic started by: Ibian on May 28, 2014, 08:50:16 PM



Title: Bitcoin integration on facebook.
Post by: Ibian on May 28, 2014, 08:50:16 PM
From the press section: https://bitcointalk.org/index.php?topic=626751.0

Kinda weird that nobody has posted it here yet, but there we go. Effect is obvious, but when and how high?


Title: Re: Bitcoin integration on facebook.
Post by: CEG5952 on May 28, 2014, 09:05:28 PM
I've seen quite a bit of discussion about this, and it is definitely very exciting. Hard to say when it will affect price -- I'd have to think actual increased adoption based on it would lag quite behind the implementation, but the news could give us a spike in the short term, maybe.


Title: Re: Bitcoin integration on facebook.
Post by: s1lverbox on May 28, 2014, 09:08:00 PM
I've seen quite a bit of discussion about this, and it is definitely very exciting. Hard to say when it will affect price -- I'd have to think actual increased adoption based on it would lag quite behind the implementation, but the news could give us a spike in the short term, maybe.
facebook and exciting? i dont think so.


Title: Re: Bitcoin integration on facebook.
Post by: gentlemand on May 28, 2014, 09:09:48 PM
I've seen quite a bit of discussion about this, and it is definitely very exciting. Hard to say when it will affect price -- I'd have to think actual increased adoption based on it would lag quite behind the implementation, but the news could give us a spike in the short term, maybe.
facebook and exciting? i dont think so.


Not promising news? It's a neat step forwards. I think it might have a little bit of potential but I can't quite put my finger on why...


Title: Re: Bitcoin integration on facebook.
Post by: podyx on May 28, 2014, 09:11:50 PM
It's not that big

You have to first go on another site and log on there

It will be big when you can send directly on facebook though


Title: Re: Bitcoin integration on facebook.
Post by: Marbit on May 28, 2014, 09:22:52 PM
I've seen quite a bit of discussion about this, and it is definitely very exciting. Hard to say when it will affect price -- I'd have to think actual increased adoption based on it would lag quite behind the implementation, but the news could give us a spike in the short term, maybe.
facebook and exciting? i dont think so.


Hehe. That's fair enough. Facebook is all but dead to me at this point. But it is bullish news nonetheless. Glad to see more and more good news piling up for bitcoin.


Title: Re: Bitcoin integration on facebook.
Post by: tabnloz on May 31, 2014, 03:06:56 AM
I sent small amounts to 6 -7 friends.

2 messaged back enquiring about it and another, who i didnt send to, also wanted to know what it was.


Title: Re: Bitcoin integration on facebook.
Post by: FattyMcButterpants on May 31, 2014, 07:28:37 AM
awesome, didn't know this was live yet. hopefully this will help bitcoin reach an entirely new demographic! the old farts that have taken over facebook.... :D


Title: Re: Bitcoin integration on facebook.
Post by: TERA on May 31, 2014, 07:39:51 AM
ugh I hate Facebook. They'll probably end up banning it until the app developer modifies it so that they can place ads all over it and take a cut out of the payments.


Title: Re: Bitcoin integration on facebook.
Post by: AceWallen on May 31, 2014, 07:41:53 AM
i'm just waiting for the wrath of mark zuckerberg to come down on this bitcoin app. i would expect this to happen if only to spite the winklevoss twins. hopefully not...


Title: Re: Bitcoin integration on facebook.
Post by: Swordsoffreedom on May 31, 2014, 07:51:19 AM
There is a bitcoin integrated wallet on Facebook  :o
This most certainty is worth Bitcoin discussion
My opinion is this is great I just hope they don't become a neobee


Title: Re: Bitcoin integration on facebook.
Post by: wasserman99 on May 31, 2014, 08:34:44 AM
To be honest, I am kind of surprised it took this long for an app like this to be developed. Is this the "killer app" we've been waiting for? I sure hope so. And yes, let's hope Zuckerboy doesn't fuck it up.


Title: Re: Bitcoin integration on facebook.
Post by: removebeforeflight on May 31, 2014, 06:43:04 PM
This is a good thing. You should sent at least
a small amount of bitcoin to everyone
you know. This is all about distribution
of coins and awareness.


Title: Re: Bitcoin integration on facebook.
Post by: wachtwoord on May 31, 2014, 07:38:46 PM
To be honest, I am kind of surprised it took this long for an app like this to be developed. Is this the "killer app" we've been waiting for? I sure hope so. And yes, let's hope Zuckerboy doesn't fuck it up.

Not THE killer app (which is probably to do with wealth preservation, obfuscation and transportation and balance settlements between large corporations). but one of the key applications right below that.


Title: Re: Bitcoin integration on facebook.
Post by: Hyena on May 31, 2014, 08:10:47 PM
I used it today, it seemed to work, although it could have been done much better. They still have some bugs in their graphical user interface. Also, their inter-customer transactions should have no fee. It's sort of weird that they make a new bitcoin transaction when one customer sends bitcoins to the other one within the borders of their system.


Title: Re: Bitcoin integration on facebook.
Post by: ShakyhandsBTCer on June 14, 2014, 10:12:48 PM
I would personally never trust my coins with Facebook.


Title: Re: Bitcoin integration on facebook.
Post by: Gianluca95 on June 14, 2014, 11:37:39 PM
That isn't a good choice to integrate Bitcoin on Facebook.

There will be much problem of safety, because many people insert easy password on their Facebook account. So, thief will increase if this happen  ;D


Title: Re: Bitcoin integration on facebook.
Post by: Swordsoffreedom on June 14, 2014, 11:47:17 PM
I would personally never trust my coins with Facebook.

Well it does seem a bit risky, that said if they used cold storage and proper security measures a reputable company would be fine
Although the NSA knowing what your balance is or asking it is a turnoff for certain.
Edit: Your right I would not trust my coins with them given their privacy policies


Title: Re: Bitcoin integration on facebook.
Post by: lemfuture on June 14, 2014, 11:49:52 PM
haha finally my nonbeliever friends on facebook are close to wakeupcall


Title: Re: Bitcoin integration on facebook.
Post by: ShakyhandsBTCer on June 15, 2014, 04:45:11 AM
I would personally never trust my coins with Facebook.

Well it does seem a bit risky, that said if they used cold storage and proper security measures a reputable company would be fine
Although the NSA knowing what your balance is or asking it is a turnoff for certain.
Edit: Your right I would not trust my coins with them given their privacy policies

Privacy would be the biggest concern.

Another big concern is that facebook accounts get hacked all the time. I can't tell you how often I get spam from people on my friends list that is clearly some kind of spam bot, their account is later recovered and I see a status apologizing. 


Title: Re: Bitcoin integration on facebook.
Post by: Swordsoffreedom on June 18, 2014, 04:18:09 AM
I would personally never trust my coins with Facebook.

Well it does seem a bit risky, that said if they used cold storage and proper security measures a reputable company would be fine
Although the NSA knowing what your balance is or asking it is a turnoff for certain.
Edit: Your right I would not trust my coins with them given their privacy policies

Privacy would be the biggest concern.

Another big concern is that facebook accounts get hacked all the time. I can't tell you how often I get spam from people on my friends list that is clearly some kind of spam bot, their account is later recovered and I see a status apologizing.  

I know what you mean I have gotten a few spam mails from the contact list selling Product X or Product Y
That said I can't see them messing cold storage if their is no balance on the account so to me it is a measure of how they do the transactions
If its just log into FB then spend its a weak system
If it log into FB get email notification to verify transaction and a 24 hour rule before you can change the address you want to send bitcoins to (As a settings option)

Then it could be fairly secure, that said if they know all your transactions and history then the points above are moot lol.
You may have security but not privacy lol.

Unless it was darkcoin or something with a coinjoined client that they can merge transactions into lol.


Title: Re: Bitcoin integration on facebook.
Post by: DurbanPoison on June 18, 2014, 10:41:36 PM
I always thought Facefuck would come out with it's own shitcoin long before they adopted the real thing.


Title: Re: Bitcoin integration on facebook.
Post by: bitcoinsrus on June 18, 2014, 10:58:56 PM
I always thought Facefuck would come out with it's own shitcoin long before they adopted the real thing.

its called facebook credits  ;D


Title: Re: Bitcoin integration on facebook.
Post by: ShakyhandsBTCer on June 19, 2014, 12:00:14 AM
I would personally never trust my coins with Facebook.

Well it does seem a bit risky, that said if they used cold storage and proper security measures a reputable company would be fine
Although the NSA knowing what your balance is or asking it is a turnoff for certain.
Edit: Your right I would not trust my coins with them given their privacy policies

Privacy would be the biggest concern.

Another big concern is that facebook accounts get hacked all the time. I can't tell you how often I get spam from people on my friends list that is clearly some kind of spam bot, their account is later recovered and I see a status apologizing.  

I know what you mean I have gotten a few spam mails from the contact list selling Product X or Product Y
That said I can't see them messing cold storage if their is no balance on the account so to me it is a measure of how they do the transactions
If its just log into FB then spend its a weak system
If it log into FB get email notification to verify transaction and a 24 hour rule before you can change the address you want to send bitcoins to (As a settings option)

Then it could be fairly secure, that said if they know all your transactions and history then the points above are moot lol.
You may have security but not privacy lol.

Unless it was darkcoin or something with a coinjoined client that they can merge transactions into lol.

Even a 24 hour rule would probably not work. People often post where they are going to be to the public. People often say they will not be on Facebook for "x" amount of time (for lent for example, but for other reasons too - like a vacation where they will not have internet access). If someone were to find a way to hack a Facebook account, wait until they know they will not be checking their facebook for a 24+ hour period, then they could easily get away with all of a user's funds.