mo4ch:>Average Facebook user would want more than $1k to quit – study | Mo4ch News

A new study has tried to estimate how attached users are to their Facebook accounts, by converting their social worth into monetary values. Users were asked how much money would make them quit using the social network.Facebook has been constantly under fire recently for privacy breaches, political bias and market monopoly, sending its stocks tumbling 6 percent and user trust plummeting – according to surveys, at least. But not trusting Facebook and not using it are not the same thing, a study published earlier this week shows.Read more Plos One, a privately run peer-reviewed research journal based out of California, decided to assess Facebook's worth not to the stock markets, but to the average user.The method worked through holding “experimental auctions” where the real money was placed based on their not using the site for various periods of time, from an hour to an entire year. The user essentially “bet” against how much time he or she would have to give up, which was chosen ran…