Is Facebook trying to profit from Cryptos ? - page 5.

bryant.coleman

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Quote from: BitCoinDream on June 17, 2014, 04:20:37 AM

Chances are low that Zuckerberg will accept Bitcoin. He wont like to see that his profit is coming from an asset i.e. 1% owned by his arch rival Winklevoss.

Well... if he really want, then he can easily buy 10% of all the Bitcoins currently in circulation, and it will cost him less than $1 billion to do so. After that who will have the bigger stash? The Winkelwii or Zucker? Grin

BTW... I don't think that Winkelwii own all of the BTC100,000 in his ETF. Some of them are owned by other investors.

DeboraMeeks

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Quote from: Mudd on June 06, 2014, 01:29:23 PM

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

Im pretty sure they cant block the app because they will always find a way around the restrictions to let users use the app to send the currencies

BitCoinDream

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The revolution will be digital

Quote from: ShakyhandsBTCer on June 17, 2014, 12:02:17 AM

Quote from: ajareselde on June 16, 2014, 03:54:52 PM

Quote from: Mudd on June 06, 2014, 01:29:23 PM

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

Chances are low that Zuckerberg will accept Bitcoin. He wont like to see that his profit is coming from an asset i.e. 1% owned by his arch rival Winklevoss.

Nawaytes

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I hope so in future,
I often buy facebook credits, if using bitcoin will be cheaper. Cheesy

ShakyhandsBTCer

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It's Money 2.0| It’s gold for nerds | It's Bitcoin

Quote from: ajareselde on June 16, 2014, 03:54:52 PM

Quote from: Mudd on June 06, 2014, 01:29:23 PM

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

bryant.coleman

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Activity: 3654

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Quote from: Harley997 on June 16, 2014, 08:31:44 PM

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?

Harley997

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Quote from: bryant.coleman on June 16, 2014, 02:50:13 PM

Quote from: ShakyhandsBTCer on June 12, 2014, 07:50:20 PM

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

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Quote from: Mudd on June 06, 2014, 01:29:23 PM

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

bryant.coleman

legendary

Activity: 3654

Merit: 1217

Quote from: ShakyhandsBTCer on June 12, 2014, 07:50:20 PM

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

cccarnation

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One Token to Move Anything Anywhere

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

ShakyhandsBTCer

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It's Money 2.0| It’s gold for nerds | It's Bitcoin

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.

Harley997

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Quote from: Mudd on June 06, 2014, 01:29:23 PM

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.

chaosPT

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Quote from: JypsiCreme on June 08, 2014, 02:54:06 AM

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 .

JypsiCreme

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