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Author Topic: Is Facebook trying to profit from Cryptos ?  (Read 7699 times)
Ron~Popeil
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June 07, 2014, 05:39:00 AM
 #21

According to this news article, FB is allowing dogecoin, digibytes, einsteinium, fedoracoin, mintcoin, reddcoin, quark, worldcoin, vertcoin, karmacoin, earthcoin, trollcoin, HTMLcoin and donationcoin. I wonder Bitcoin is not in the list !!! Does it mean that Facebook board of directors understood they are a bit late in Bitcoin mining and hence mined other alts and now boosting those through their platform for quick profit ?

p.s. Juck wont probably like Bitcoin as Winklevoss hold 1% of it.

I think Facebook will jump on board with bitcoin eventually.

They absolutely will. The low transaction fees make it a no brainer for any company that does high volume credit card sales.

allthingsluxury
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June 07, 2014, 03:53:12 PM
 #22

Eventually, Facebook, along with most major businesses will be on board with Bitcoin. This wave can't be stopped.

chaosPT
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June 07, 2014, 03:55:46 PM
 #23

According to this news article, FB is allowing dogecoin, digibytes, einsteinium, fedoracoin, mintcoin, reddcoin, quark, worldcoin, vertcoin, karmacoin, earthcoin, trollcoin, HTMLcoin and donationcoin. I wonder Bitcoin is not in the list !!! Does it mean that Facebook board of directors understood they are a bit late in Bitcoin mining and hence mined other alts and now boosting those through their platform for quick profit ?

p.s. Juck wont probably like Bitcoin as Winklevoss hold 1% of it.

I think Facebook will jump on board with bitcoin eventually.

But they still dint , what if they holding lots of these coin and make a multimedia push pump throw ?
chaosPT
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June 07, 2014, 03:58:17 PM
 #24

According to this news article, FB is allowing dogecoin, digibytes, einsteinium, fedoracoin, mintcoin, reddcoin, quark, worldcoin, vertcoin, karmacoin, earthcoin, trollcoin, HTMLcoin and donationcoin. I wonder Bitcoin is not in the list !!! Does it mean that Facebook board of directors understood they are a bit late in Bitcoin mining and hence mined other alts and now boosting those through their platform for quick profit ?

p.s. Juck wont probably like Bitcoin as Winklevoss hold 1% of it.

I think Facebook will jump on board with bitcoin eventually.

But they still dint , what if they holding lots of these coin and make a multimedia push pump throw ?

My doubts are high in this assumption...Facebook are probably just waiting for the right moment to start accepting BTC so they can gain a pile themselves.
My opinion is they predicted it to die off but now they are unsure when to introduce it due to the prices rising


If they predict BTC are going down they should know the other alt coin will be gone as well since btc are the main thing

and btc are too expensive it wont make much profit for them if they did so .
ticoti
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June 07, 2014, 05:32:00 PM
 #25

it looks they are trying to add something like a way to tip
Sydboy
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June 07, 2014, 07:39:04 PM
 #26

why is their no face coin or fbcoin Huh?
SirChiko
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June 07, 2014, 08:25:41 PM
 #27

why is their no face coin or fbcoin Huh?
Because they would have to create it themselves, fb would def. not accept a currency made by some random wannabe dev.

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cryptworld
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June 08, 2014, 01:14:48 AM
 #28

why is their no face coin or fbcoin Huh?
Because they would have to create it themselves, fb would def. not accept a currency made by some random wannabe dev.
they will probably do it,
but i think they will have to accept bitcoin
Ron~Popeil
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June 08, 2014, 03:40:33 AM
 #29

why is their no face coin or fbcoin Huh?
Because they would have to create it themselves, fb would def. not accept a currency made by some random wannabe dev.
they will probably do it,
but i think they will have to accept bitcoin

As with any business if there is money to be made from doing it they invariably will.

BTCisthefuture
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June 08, 2014, 03:57:42 AM
 #30

can someone make a bitcoin tipping app for facebook ?  would be nice to see that.  all these other coins get it, no reason bitcoin shouldn't as well.

Hourly bitcoin faucet with a gambling twist !  http://freebitco.in/?r=106463
JypsiCreme
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June 08, 2014, 06:54:06 AM
 #31

Could Facebook (or Google or Yahoo) create a crypto currency that threatens bitcoin?
chaosPT
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June 08, 2014, 07:01:54 AM
 #32

Could Facebook (or Google or Yahoo) create a crypto currency that threatens bitcoin?

They would but at least not now , As for facebook yes they can create thier own alt coin but it still need a push and premine . why not they get those that already there and cheap .
Harley997
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June 11, 2014, 03:18:33 AM
 #33

It's just an app made by someone else. Facebook is just allowing that app.

By allowing the app they can "get their feet wet" with Bitcoin being used with Facebook.

In the future they could implement features that are Bitcoin related.


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ShakyhandsBTCer
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June 12, 2014, 11:50:20 PM
 #34

It is not Facebook, it is apps that use Facebook that accept them.

All I know is that I do not want my BTC anywhere near my facebook account.
cccarnation
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June 16, 2014, 07:27:42 AM
 #35

Hope snapchat, vine, 4chan, and all the others will do the same

bryant.coleman
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June 16, 2014, 06:50:13 PM
 #36

It is not Facebook, it is apps that use Facebook that accept them.

Yes. Both are different. Zynga is already accepting Bitcoins, for its applications / games such as FarmVille. And Zuckerberg will never allow Facebook to deal with Bitcoins, as long as the Winkelwii are holding their coins.  Grin
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June 16, 2014, 07:54:52 PM
 #37

It's just an app made by someone else. Facebook is just allowing that app.

yeah, i doubt facebooks ceo even knows such apps exists in their network.
all apps are allowed if they dont break t.o.s., so this isnt such a big of a deal as some ppl would like it to be.
shame, coz facebook would be a nice and wide market that could make bitcoin even more viral
Harley997
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June 17, 2014, 12:31:44 AM
 #38

It is not Facebook, it is apps that use Facebook that accept them.

Yes. Both are different. Zynga is already accepting Bitcoins, for its applications / games such as FarmVille. And Zuckerberg will never allow Facebook to deal with Bitcoins, as long as the Winkelwii are holding their coins.  Grin

I don't think that he still has beef with the twins anymore.

Even if he did have an ax to grind with them, it should not prevent zuckerburg from making a potentially profitable business decision

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bryant.coleman
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June 17, 2014, 03:36:58 AM
 #39

I don't think that he still has beef with the twins anymore.
Even if he did have an ax to grind with them, it should not prevent zuckerburg from making a potentially profitable business decision

Let's hope so. Someone had earlier posted that Facebook might be accepting Dogecoin very soon (instead of Bitcoin). That move, if confirmed is suspicious. Why Doge instead of BTC?
ShakyhandsBTCer
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June 17, 2014, 04:02:17 AM
 #40

It's just an app made by someone else. Facebook is just allowing that app.

yeah, i doubt facebooks ceo even knows such apps exists in their network.
all apps are allowed if they dont break t.o.s., so this isnt such a big of a deal as some ppl would like it to be.
shame, coz facebook would be a nice and wide market that could make bitcoin even more viral

I would be surprised if Zuckerburg did not know about major apps and/or apps that are bitcoin related.

Bitcoin has a lot of profit and Zuckerburg is likely watching it closely
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