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A social network that pays you and can store Bitcoin
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Topic: A social network that pays you and can store Bitcoin (Read 1240 times)
fumanchu808
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A social network that pays you and can store Bitcoin
September 28, 2014, 12:03:36 AM
#1
Just me schlepping my latest article around, pay no mind:
http://bitcoinist.net/gems-the-first-social-currency-network/
TRYpolar
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Re: A social network that pays you and can store Bitcoin
September 28, 2014, 12:15:38 AM
#2
Quote from: fumanchu808 on September 28, 2014, 12:03:36 AM
Just me schlepping my latest article around, pay no mind:
http://bitcoinist.net/gems-the-first-social-currency-network/
The problem with this is that if people are paid to have a social network account then they will create multiple accounts (essentially farming accounts) making the network less able to earn ad revenue as the user base is not "real"
Also any service that hold bitcoin for you on your behalf is almost always a bad idea
polynesia
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Re: A social network that pays you and can store Bitcoin
September 28, 2014, 01:49:21 AM
#3
Quote from: TRYpolar on September 28, 2014, 12:15:38 AM
Quote from: fumanchu808 on September 28, 2014, 12:03:36 AM
Just me schlepping my latest article around, pay no mind:
http://bitcoinist.net/gems-the-first-social-currency-network/
The problem with this is that if people are paid to have a social network account then they will create multiple accounts (essentially farming accounts) making the network less able to earn ad revenue as the user base is not "real"
Also any service that hold bitcoin for you on your behalf is almost always a bad idea
What if you link your social account to your phone number?
Facebook tries and does this anyway.
You may exclude a few people, but you can cut down on multiple accounts.
Bitcoinpro
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Re: A social network that pays you and can store Bitcoin
September 28, 2014, 02:32:08 AM
#4
FB will be forced to adopt this model, they even risk losing substantial market share by being to slow to act
WWW.FACEBOOK.COM
CRYPTOCURRENCY CENTRAL BANK
LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
SCAR-H
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Re: A social network that pays you and can store Bitcoin
September 28, 2014, 04:51:08 AM
#5
Quote from: fumanchu808 on September 28, 2014, 12:03:36 AM
A social network that pays you and can store Bitcoin
The world is full of miracles and surprises.
fumanchu808
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Re: A social network that pays you and can store Bitcoin
September 28, 2014, 08:10:18 AM
#6
Quote from: TRYpolar on September 28, 2014, 12:15:38 AM
Quote from: fumanchu808 on September 28, 2014, 12:03:36 AM
Just me schlepping my latest article around, pay no mind:
http://bitcoinist.net/gems-the-first-social-currency-network/
The problem with this is that if people are paid to have a social network account then they will create multiple accounts (essentially farming accounts) making the network less able to earn ad revenue as the user base is not "real"
Also any service that hold bitcoin for you on your behalf is almost always a bad idea
If you treat the account like a bank account and make it so you have to be KYC compliant then you are ok. You can make it very difficult to spam accounts in a number of ways anyway. Make it so that to register it and start receiving funds they need to verify a few things (a phone number, an email, even scanned IDs if need be). People give away a lot more for a lot less in these markets already.
PenAndPaper
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Re: A social network that pays you and can store Bitcoin
September 28, 2014, 08:26:35 AM
#7
There are already a few social networks that pay you per post / per friend you bring in etc... I don't see any of them taking off...
Lady_Cake
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Re: A social network that pays you and can store Bitcoin
September 28, 2014, 08:45:53 AM
#8
Good things, but is it worthless? How much they pay you?
Another big problem will be multiple account that will "jam" the entire system
zolace
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Re: A social network that pays you and can store Bitcoin
September 28, 2014, 10:30:31 AM
#9
phone verification wont work, cause is easy to get sim and prepaid phones, unless you can somehow block them
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Q7
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Re: A social network that pays you and can store Bitcoin
September 28, 2014, 11:13:37 AM
#10
Quote from: Bitcoinpro on September 28, 2014, 02:32:08 AM
FB will be forced to adopt this model, they even risk losing substantial market share by being to slow to act
I agree. They are pretty silent thus far when it comes to bitcoin
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Daniel91
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Re: A social network that pays you and can store Bitcoin
September 28, 2014, 11:22:41 AM
#11
Quote from: Lady_Cake on September 28, 2014, 08:45:53 AM
Good things, but is it worthless? How much they pay you?
Another big problem will be multiple account that will "jam" the entire system
I agree.
Already a few social networks and forums tried this model but without success.
FB is popular because people can find there friends, chat with them and have fun, not because someone expect to be paid for his activity.
I don0t think such model- paid for posting, can really work in long term and for many users.
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Bitcoinpro
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Re: A social network that pays you and can store Bitcoin
September 28, 2014, 11:25:52 AM
#12
Quote from: PenAndPaper on September 28, 2014, 08:26:35 AM
There are already a few social networks that pay you per post / per friend you bring in etc... I don't see any of them taking off...
Whats the best one?
WWW.FACEBOOK.COM
CRYPTOCURRENCY CENTRAL BANK
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polynesia
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Re: A social network that pays you and can store Bitcoin
September 28, 2014, 05:44:16 PM
#13
Quote from: zolace on September 28, 2014, 10:30:31 AM
phone verification wont work, cause is easy to get sim and prepaid phones, unless you can somehow block them
It is a sufficient deterrent. At least, you wont have people signing up for hundreds of accounts.
Stedsm
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Re: A social network that pays you and can store Bitcoin
September 28, 2014, 06:19:19 PM
#14
Quote from: polynesia on September 28, 2014, 05:44:16 PM
Quote from: zolace on September 28, 2014, 10:30:31 AM
phone verification wont work, cause is easy to get sim and prepaid phones, unless you can somehow block them
It is a sufficient deterrent. At least, you wont have people signing up for hundreds of accounts.
If I'm thinking of the right thing, you can get virtual sims that you use online that can receive verification codes.
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