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Author Topic: Facebook Credits  (Read 868 times)
abstraction
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February 07, 2011, 10:26:48 PM
 #1

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?
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bitdragon
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February 08, 2011, 12:43:33 AM
 #2

The fees charged for FBcredits is monstrous at a whopping 30% which makes it absurd from the start in my opinion.

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February 08, 2011, 01:04:43 AM
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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.
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February 08, 2011, 08:07:20 AM
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I've heard in this forum that it's pegged to the dollar.

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