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Author Topic: Facebook's BUY button! Bitcoin's big moment is here  (Read 3263 times)
cuddaloreappu (OP)
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July 25, 2014, 04:17:23 PM
 #1

Just imagine you sell or buy with just a click on facebook using bitcoins, This is an opportunity bitcoin should grab, and facebook should not miss!

Facebook is testing a way for advertisers to make the direct sales pitch to people, and it could be a game-changer for advertisers and retailers. Through the Buy button, users can complete a transaction while staying in Facebook.

http://www.insidefacebook.com/2014/07/23/the-buy-button-facebooks-next-big-thing/
Saffronix
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July 25, 2014, 04:23:28 PM
 #2

Another money grab?

Yeesh, they don't need more sales. Just go buy the product.

Or Facebook is now getting clingy and wants to keep their users inside Facebook as much as possible...
GrandmaJean
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July 25, 2014, 04:24:06 PM
 #3

I don't think that people would every trust thousands of dollars to facebook like this.
minerpumpkin
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July 25, 2014, 04:25:07 PM
 #4

Why would they incorporate bitcoin? I believe they'd rather develop some other proprietary payment system or cooperate with regular payment providers.

I should have gotten into Bitcoin back in 1992...
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July 25, 2014, 04:26:40 PM
 #5

I think they would benefit from accepting bitcoins, network is so big now that at least 2% of facebook users have also bitcoins, i don't want to buy anything of facebook since it's nothing interesting there for me, but i guess if they would have somehing for me i'd like to pay it in bitcoins.

Bitcoin is DEAD
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July 25, 2014, 04:28:39 PM
 #6

We don't need Facebook idiots to push bitcoin prices. Facebooks business model is to sell the identity of its users. No support from my side.

FB will no longer exist ten years from now, because it offers nothing new or important. Bitcoin will flourish without FB, because it is a revolutionary invention with numerous uses in the real world.

ya.ya.yo!

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banque
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July 25, 2014, 04:30:23 PM
 #7

Facebook and Twitter both have major problems due to most new growth is in poor 3rd world nations.

So btc is perfect for both, since most of the world is blocked from western banking such as legit visa/mc/amex accounts and western bank accounts.

Twitter may adopt btc before FB adopts it, you will have resistance to btc by FB due to the Twins alleged control of 1% of btc coins.
BitCoinDream
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July 25, 2014, 04:33:23 PM
 #8

Just imagine you sell or buy with just a click on facebook using bitcoins, This is an opportunity bitcoin should grab, and facebook should not miss!

Facebook is testing a way for advertisers to make the direct sales pitch to people, and it could be a game-changer for advertisers and retailers. Through the Buy button, users can complete a transaction while staying in Facebook.

http://www.insidefacebook.com/2014/07/23/the-buy-button-facebooks-next-big-thing/

FB can easily do it using their credit system. Why will they keep the consumer waiting for > 10 minutes ?

minerpumpkin
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July 25, 2014, 04:38:27 PM
 #9

We don't need Facebook idiots to push bitcoin prices. Facebooks business model is to sell the identity of its users. No support from my side.

FB will no longer exist ten years from now, because it offers nothing new or important. Bitcoin will flourish without FB, because it is a revolutionary invention with numerous uses in the real world.

ya.ya.yo!

I'd be careful with those claims. Facebook offers interesting and useful things. Only their business practices are questionable. Also, Facebook is also known by effectively everyone. Bitcoin has to achieve that, still.

I should have gotten into Bitcoin back in 1992...
blatchcorn
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July 25, 2014, 04:40:30 PM
 #10

Facebook and Twitter both have major problems due to most new growth is in poor 3rd world nations.

So btc is perfect for both, since most of the world is blocked from western banking such as legit visa/mc/amex accounts and western bank accounts.

Twitter may adopt btc before FB adopts it, you will have resistance to btc by FB due to the Twins alleged control of 1% of btc coins.
Doesn't sound like a problem to me. That's perfectly natural when you achieve such a high penetration in the developed world
minerpumpkin
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July 25, 2014, 04:43:00 PM
 #11

Facebook and Twitter both have major problems due to most new growth is in poor 3rd world nations.

So btc is perfect for both, since most of the world is blocked from western banking such as legit visa/mc/amex accounts and western bank accounts.

Twitter may adopt btc before FB adopts it, you will have resistance to btc by FB due to the Twins alleged control of 1% of btc coins.
Doesn't sound like a problem to me. That's perfectly natural when you achieve such a high penetration in the developed world

It may just be because there's most capacity left for growth to occur. I wouldn't necessarily call this a problem either.

I should have gotten into Bitcoin back in 1992...
robhimself
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July 25, 2014, 04:52:05 PM
 #12

Another thread of dreamers from lalaland.

cuddaloreappu (OP)
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July 25, 2014, 05:25:52 PM
 #13

Another thread of dreamers from lalaland.

you know what you should visit lalaland..

in lalaland bitcoin sells for a million and dogecoin sells for 1$ a coin.
Such a paradise
polynesia
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July 25, 2014, 05:28:49 PM
 #14

Zuckerberg wouldn't want BTC to go up in value. The Winkelwoss twins hold a chunk of it!
cuddaloreappu (OP)
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July 25, 2014, 05:37:27 PM
 #15

Zuckerberg wouldn't want BTC to go up in value. The Winkelwoss twins hold a chunk of it!

what makes you think zuckerberg does not have a wallet full of million bitcoins!

yes he could be satoshi
jbreher
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July 25, 2014, 06:26:29 PM
 #16

... network is so big now that at least 2% of facebook users have also bitcoins, ...

Do you have any evidence to support this assertion? I'm just not seeing it.

There seems to be about 1.3B facebook users:

http://www.dailymail.co.uk/sciencetech/article-2703440/Theres-no-escape-Facebook-set-record-stock-high-results-beats-expectations-1-32-BILLION-users-30-mobile.html

... 2% of that would be about 26M, but the number of funded bitcoin addresses seems to be below 200K:

https://blockchain.info/charts/n-unique-addresses

Yes, I know there is not a 1:1 ratio of bitcoiners:addresses.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

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July 25, 2014, 07:53:42 PM
 #17

Ecuador already made a complete ban on cryptos, other important countries like Russia and China don't allow it being used as currency. I doubt facebook will use bitcoin for that and risks being baned in some countries.

Plus paypals and ebays charge high comissions and can pay more to Facebook, and bitcoin and cryptos aren't cited on the article.
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July 26, 2014, 02:05:45 AM
 #18


what makes you think zuckerberg does not have a wallet full of million bitcoins!

yes he could be satoshi

Nah....
Satoshi would definitely be an introvert.

Plus, if Zuckerberg was really Satoshi, we would have seen facebook - btc integration long back. Smiley
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July 26, 2014, 02:26:42 AM
 #19

Facebook policy has always been make the world facebook!

¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿

Gimme the crypto!!
michaelwang33
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July 26, 2014, 02:33:07 AM
 #20

Zuckerberg wouldn't want BTC to go up in value. The Winkelwoss twins hold a chunk of it!

what makes you think zuckerberg does not have a wallet full of million bitcoins!

yes he could be satoshi
I think this would be very unlikely. He was likely spending 90+ hours per week when satochi was working on the final touches of bitcoin.

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