Facebook ban ads for cryptocurrencies and ICO'S, what will be the effect? - page 3.

Kprawn

legendary

Activity: 1904

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The ICO's {legit or not} are making a impact, because it is money flowing into Bitcoin. I am not saying scam ICO's is a good

thing, but it is part of the whole ecosystem. Once you take away one of the major sources of FREE advertising for these ICO's,

you also cut off potential buyers of Alt coins and Bitcoin. My question is, why discriminate against Bitcoin, if PayPal and CC's

are used for the same thing? {Stolen CC is rampant} Angry

alyssa85

legendary

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The mainstream media are presenting this as bad for Bitcoin. But it's actually bad for Ethereum.

Very few ICOs are priced in Bitcoin. Most are priced in Ethereum, and the Mobius ICO was priced in Stellar Lumens. So those are the coins that are impacted by this.

Thanasis

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★777Coin.com★ Fun BTC Casino

Quote from: jrrsparkles on January 31, 2018, 10:28:06 AM

Quote from: paparexon0414 on January 31, 2018, 10:22:39 AM

I read this interesting articles and thinking what will the effect of this in the bounties that needed some social media campaign. This is part of the article "Facebook announced a ban on advertisements for "binary options, initial coin offerings and cryptocurrency." The blanket decision is part of the social media giant's efforts to prohibit ads for financial products and services "that are frequently associated with misleading or deceptive promotional practices."
If you want to read the whole story, just check this out. And tell your insights

https://www.cnbc.com/2018/01/30/facebook-ban-on-bitcoin-ads-latest-in-very-bad-day-for-cryptocurrencies.html

No worries,It is not going to make any big impact on the crypto currency market.Because facebook just banned or restricted paid promotions of crypto currency advertisements but the individuals can post or share anything about crypto currency.So facebook bounties are also not in any problem.

Yeah,you are right bacebook banned the paid promotions only not the ICOs or crypto currency ads from individual persons.But I think it is a good thing for the facebook because lot of scam projects uses facebook for promotion to attract the investors and will run away with their money,So this ban can stop from trapping into scam projects.But I am also think it is not going to make any big impact in crypto field.

criz2fer

full member

Activity: 672

Merit: 127

Quote from: paparexon0414 on January 31, 2018, 10:22:39 AM

I read this interesting articles and thinking what will the effect of this in the bounties that needed some social media campaign. This is part of the article "Facebook announced a ban on advertisements for "binary options, initial coin offerings and cryptocurrency." The blanket decision is part of the social media giant's efforts to prohibit ads for financial products and services "that are frequently associated with misleading or deceptive promotional practices."
If you want to read the whole story, just check this out. And tell your insights

https://www.cnbc.com/2018/01/30/facebook-ban-on-bitcoin-ads-latest-in-very-bad-day-for-cryptocurrencies.html

Good thing for facebook, because they dont even know who is the scam for every advertisement being made. Facebook will be judge like they are supporting this scams if it will still continue. Althoug it will have a big effect in the market in gaining investor in the future. But there still other social media that can still support cryptocurrencies like youtube and twitter.

imutzz

member

Activity: 81

Merit: 19

What a shame, i think mark want to make his own cryptocurrency and monopoly the ads for him self, its just my opinion though. But this ads ban will make new cryptocurrency harder to improve, still much another platform to put an ad but still facebook is a big platfrom.

jrrsparkles

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Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: paparexon0414 on January 31, 2018, 10:22:39 AM

I read this interesting articles and thinking what will the effect of this in the bounties that needed some social media campaign. This is part of the article "Facebook announced a ban on advertisements for "binary options, initial coin offerings and cryptocurrency." The blanket decision is part of the social media giant's efforts to prohibit ads for financial products and services "that are frequently associated with misleading or deceptive promotional practices."
If you want to read the whole story, just check this out. And tell your insights

https://www.cnbc.com/2018/01/30/facebook-ban-on-bitcoin-ads-latest-in-very-bad-day-for-cryptocurrencies.html

No worries,It is not going to make any big impact on the crypto currency market.Because facebook just banned or restricted paid promotions of crypto currency advertisements but the individuals can post or share anything about crypto currency.So facebook bounties are also not in any problem.

Newboybb

member

Activity: 266

Merit: 10

First of all, it is a good decision for facebook to ban the advertising of the ICO, since many ICO projects are a fraud project, so if they are allowed to advertise, they may face legal problems.
But that is bad news for the entire cryptocurrency market, where new information is not available through facebook and a lack of access to the market.

Xester

hero member

Activity: 994

Merit: 544

Quote from: paparexon0414 on January 31, 2018, 10:22:39 AM

I read this interesting articles and thinking what will the effect of this in the bounties that needed some social media campaign. This is part of the article "Facebook announced a ban on advertisements for "binary options, initial coin offerings and cryptocurrency." The blanket decision is part of the social media giant's efforts to prohibit ads for financial products and services "that are frequently associated with misleading or deceptive promotional practices."
If you want to read the whole story, just check this out. And tell your insights

https://www.cnbc.com/2018/01/30/facebook-ban-on-bitcoin-ads-latest-in-very-bad-day-for-cryptocurrencies.html

Well it would be hard for nee currency to makes it way to the market and for people to invest with it. As to the decision of facebook to ban cryptocurrencies on their site maybe because many of these are scams. They are just protecting us. Anyways, as long as my country will not ban bitcoin it is okay for me.

paparexon0414

full member

Activity: 432

Merit: 126

I read this interesting articles and thinking what will the effect of this in the bounties that needed some social media campaign. This is part of the article "Facebook announced a ban on advertisements for "binary options, initial coin offerings and cryptocurrency." The blanket decision is part of the social media giant's efforts to prohibit ads for financial products and services "that are frequently associated with misleading or deceptive promotional practices."
If you want to read the whole story, just check this out. And tell your insights

https://www.cnbc.com/2018/01/30/facebook-ban-on-bitcoin-ads-latest-in-very-bad-day-for-cryptocurrencies.html

Topic: Facebook ban ads for cryptocurrencies and ICO'S, what will be the effect? - page 3. (Read 387 times)