Facebook against bitcoin? - page 36.

droptableguy2

member

Activity: 434

Merit: 10

Quote from: bitcoinman93 on February 12, 2018, 04:23:32 PM

Quote from: Jackypot on February 12, 2018, 03:00:28 PM

Because they believe that Facebook prohibits bitcoin and ICos and other cryptocurrency
The new Facebook policy will not allow announcements of known digital currency exchanges or initial offers of currencies.
Is it to avoid fraud or false advertising? That's why?

They're kind of right to do that. As once there is regulation at place, they will surely support ICOs again. They're very strict when it comes to promo of any kind of financial services, asking you for licenses etc. It make perfect sense to me and can help genuine projects

I do not think that. Facebook only blocks ads for ICO projects, this could be a move by Facebook to not involve the laws of countries that have laws prohibiting ICO investment and cryptocurrency. Besides, Facebook is researching crypto for their own and I'm looking forward to what it will do.

raymondspeaks

jr. member

Activity: 107

Merit: 1

Quote from: Jackypot on February 12, 2018, 03:00:28 PM

Because they believe that Facebook prohibits bitcoin and ICos and other cryptocurrency
The new Facebook policy will not allow announcements of known digital currency exchanges or initial offers of currencies.
Is it to avoid fraud or false advertising? That's why?

My newsfeed is full of ICOs. In fact I've had a few gems in the making land on my lap because of Facebook advertising. I think either it's something to do with the legislation in your country or the information you have been given is false

novocaine

full member

Activity: 392

Merit: 101

Yes becouse to prevent newcoming scam-schemes like Ponzis due to the fact that Facebook is the largest social community in the world they really would to stop this incremental statistics very bad for the community.
But you can still talk on groups to Cryptos related threads and ICOs but no advertise anymore via paid ads.

I think is a good idea to really stop to promote scam advertising to fool people, everyday we see this in a lot of groups or forums and its very bad...

Hope will others social networks will do the same to prevent others bad situations

kramchers

full member

Activity: 854

Merit: 101

Quote from: Jackypot on February 12, 2018, 03:00:28 PM

Because they believe that Facebook prohibits bitcoin and ICos and other cryptocurrency
The new Facebook policy will not allow announcements of known digital currency exchanges or initial offers of currencies.
Is it to avoid fraud or false advertising? That's why?

No more paid advertisement related to ICO of alternative coins, this is not the same as you are saying, and as i heard and read before Facebook is open with bitcoin payment on their platform and i think it is still ongoing and Facebook is studying the possibility of this.

captain_blood

member

Activity: 364

Merit: 12

The Most Profitable Mining Pool

Facebook is just regulating the fast-growing type of scam which is in datus that 90% of scam ICO start are being advertise in Facebook. This data is base on the customer support complain desk in facebook. This action is their precautionary measure against this scenario. SO basically it's the sake of the betterment. But that doesn't mean that Facebook hates Bitcoin tbh.

setifien19

full member

Activity: 474

Merit: 101

Quote from: Jackypot on February 12, 2018, 03:00:28 PM

The new Facebook policy will not allow announcements of known digital currency exchanges or initial offers of currencies.

Yes, I think Facebook opts to ban paid ads especially those focusing on ICOs investments , because people have experienced enough such scams & fraudulent projects .
But discussions about cryptocurrencies and ICOs are still possible in Facebook groups .

richan

member

Activity: 392

Merit: 11

I don't think so. There are still ICO advertisement on Facebook. If the reason is to prevent scams, then what about Facebook bounty campaigns. It is not more influence than even Facebook advertisement itself.

bitcoinman93

newbie

Activity: 280

Merit: 0

Quote from: Jackypot on February 12, 2018, 03:00:28 PM

Because they believe that Facebook prohibits bitcoin and ICos and other cryptocurrency
The new Facebook policy will not allow announcements of known digital currency exchanges or initial offers of currencies.
Is it to avoid fraud or false advertising? That's why?

They're kind of right to do that. As once there is regulation at place, they will surely support ICOs again. They're very strict when it comes to promo of any kind of financial services, asking you for licenses etc. It make perfect sense to me and can help genuine projects

vasil777

full member

Activity: 546

Merit: 100

Quote from: Jackypot on February 12, 2018, 03:00:28 PM

Because they believe that Facebook prohibits bitcoin and ICos and other cryptocurrency
The new Facebook policy will not allow announcements of known digital currency exchanges or initial offers of currencies.
Is it to avoid fraud or false advertising? That's why?

facebook just wants to smash fraudulent projects which are now very much! I think this is the right step in the fight against fraudsters! I support such innovations

darkphoenix2610

full member

Activity: 679

Merit: 102

It is true one of mt friend got ban because of promoting ICO on her facebook account, facebook name her post as spam message and they cant dend any link came from bitcoin, if you send a link the next thing you cant sent any message, maybe facebook prevent on scam ICO but not all ICO is a scam if people know how to read and understand the content of tge project they can avoid scam ICO

MasterMoon

jr. member

Activity: 252

Merit: 1

Quote from: Jackypot on February 12, 2018, 03:00:28 PM

Because they believe that Facebook prohibits bitcoin and ICos and other cryptocurrency
The new Facebook policy will not allow announcements of known digital currency exchanges or initial offers of currencies.
Is it to avoid fraud or false advertising? That's why?

No they are not against bitcoin. They are doing that to avoid ICOs that are scam. Because there are too many ICOs here in crypto world that are scam. They are not against crypto currencies ads whoever spread that news are just making a FUD to push down the price of Bitcoin.

LeroyBro

jr. member

Activity: 168

Merit: 1

Quote from: Crasengover on February 12, 2018, 04:12:26 PM

Quote from: muncuss on February 12, 2018, 03:52:59 PM

It's to protect people from scam investment. many coin/token use facebook ad for advertising ICO and ppl don't know scam or not.
one of mark's resolution for this year is to study about bitcoin and cryptocurrency

Even if they state that the main reason of such ban is to avoid scam projects, I think thay have another reasons to ban ICOs and cryptocurrencies. Maybe it's just a manipulation news, I haven't seen any banned ICO facebook account yet.

Well there's a rumor zuckerberg is planning to introduce his own altcoin, so I wouldn't be surprised if he would advertise it on facebook.

With that being said, I still sometimes get crypto ads. so who knows. Huh

DAOfan

member

Activity: 126

Merit: 10

I had Facebook block 2 of my posts about cryptocurrencys as spam automatically, however, both of them were restored the next day.

"Thanks again for letting us know about this post. We took another look and found it doesn't go against our Community Standards, so we've restored your post. We're sorry for the trouble and appreciate you taking the time to get in touch with us so that we could correct this."

Crasengover

full member

Activity: 336

Merit: 103

Proof-of-Stake Blockchain Network

Quote from: muncuss on February 12, 2018, 03:52:59 PM

It's to protect people from scam investment. many coin/token use facebook ad for advertising ICO and ppl don't know scam or not.
one of mark's resolution for this year is to study about bitcoin and cryptocurrency

Even if they state that the main reason of such ban is to avoid scam projects, I think thay have another reasons to ban ICOs and cryptocurrencies. Maybe it's just a manipulation news, I haven't seen any banned ICO facebook account yet.

Honglee

member

Activity: 156

Merit: 10

Start my crypto for better world

Quote from: TheBountyManager on February 12, 2018, 03:42:58 PM

Quote from: Jackypot on February 12, 2018, 03:00:28 PM

Because they believe that Facebook prohibits bitcoin and ICos and other cryptocurrency
The new Facebook policy will not allow announcements of known digital currency exchanges or initial offers of currencies.
Is it to avoid fraud or false advertising? That's why?

You arent reading ,based on facebook terms and conditions they will not accept any ICO related advetisement to their paid advertising program to eliminate scammy ICOs in facebook community.It doesnt mean that they will ban your account if you posted,share and link any ICO related topics using your profile the only affected by this restrictions woauld be the people who are paying facebook for their ICO advetisements.

Agreed!

today fb transform from social media to advertisement even live business etc~ Lol
Pity as a member of fb, i dun like crypto inside fb, purely social is i want!
anyway it is always business for everything! Good lUck

manlyxman

newbie

Activity: 168

Merit: 0

IMO it's more of an anti fake-news policy. Since most ICOs advertised were scammy.

muncuss

full member

Activity: 747

Merit: 102

It's to protect people from scam investment. many coin/token use facebook ad for advertising ICO and ppl don't know scam or not.
one of mark's resolution for this year is to study about bitcoin and cryptocurrency

TheBountyManager

newbie

Activity: 27

Merit: 3

Quote from: Jackypot on February 12, 2018, 03:00:28 PM

Because they believe that Facebook prohibits bitcoin and ICos and other cryptocurrency
The new Facebook policy will not allow announcements of known digital currency exchanges or initial offers of currencies.
Is it to avoid fraud or false advertising? That's why?

You arent reading ,based on facebook terms and conditions they will not accept any ICO related advetisement to their paid advertising program to eliminate scammy ICOs in facebook community.It doesnt mean that they will ban your account if you posted,share and link any ICO related topics using your profile the only affected by this restrictions woauld be the people who are paying facebook for their ICO advetisements.

Jackypot

newbie

Activity: 112

Merit: 0

Because they believe that Facebook prohibits bitcoin and ICos and other cryptocurrency
The new Facebook policy will not allow announcements of known digital currency exchanges or initial offers of currencies.
Is it to avoid fraud or false advertising? That's why?

Topic: Facebook against bitcoin? - page 36. (Read 3798 times)