Facebook bans cryptocurrency ads.. - page 21.

VeeraS

full member

Activity: 560

Merit: 100

Quote from: jomz312 on January 30, 2018, 07:49:08 PM

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.

https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

Yes, I agree. it's possible that developers should change the way their campaigns, which involve social media. because after all, some developers are scam, damaging the reputation of crypto itself.

Altero

full member

Activity: 784

Merit: 123

Not really a good thing for crypto, we've been tested to much how long we support for these. Many argument may happens that falls into like this. So sad for Facebook users promoting crypto which no longer be used, but it won't be our last chance. Still other social medias that still not banning in promoting crypto, maybe we should take advantage on this first before it goes like these.

ryjin1007

sr. member

Activity: 476

Merit: 250

This is why bitcoin price are starting to go down because of the banning of ads in facebook. Facebook was a big help on advertising so many ICO's on cryptocurrencies because of that many people is aware of the project that is advertise on the fb most of the people are staying in the social media in many hours this is a big loss for ICO's

Ostonian

full member

Activity: 912

Merit: 100

Quote from: jomz312 on January 30, 2018, 07:49:08 PM

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.

https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

This news does not yet apply to bounty hunters. It's about paid advertising, targeting and so on. Roughly speaking, now the FB will filter this topic. On the one hand, a bold step, on the other hand can not be so bad. I hope they do not start blocking bounty campaign participants, you can not keep track of everyone, but ICO traffic will lose a lot.

nioctiB#1

full member

Activity: 308

Merit: 100

Well this is fine for me. most advertisements of ICOs in facebook are just scams anyway but it will not hit cryptocurrency price to fall down because it is just advertisements that are being banned on their platform. people can still advertise or promote ICOs by posting it on their status or groups. so dont worry about social media bounty campaigns to end.

fredrockcoin

newbie

Activity: 47

Merit: 0

Now it will be more difficult for some companies to promote their ICO's, as the social outreach would be thwarted. Nevertheless, we saw this one coming - it was a matter of time, therefore, I cannot say that I'm surprised. This is why threads like this exist. However, may I ask for a slight favor:
I'm currently considering investing in one of these two:
AgroTechFarm (ATF)
MedicalChain
May you provide me with more information?

St4yInTh3D4rk

sr. member

Activity: 686

Merit: 264

"STAY IN THE DARK"

Quote from: Om.monata on January 31, 2018, 03:55:24 AM

Quote from: jomz312 on January 30, 2018, 07:49:08 PM

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.

https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

although it maybe disappointing for projects that will be promoting in social media especially facebook but if Facebook has set the rules it may have to obey and switch in other social media for promotion, because the internet has the widest range and can be for promotions anywhere.

You maybe understood the article wrong bro,still ICOs can be promoted on facebook through facebook campaigns because facebook not banned the ICO ads.The just banned the paid promotion of facebook for ICO ads.So it is actually great news for the social media campaign participants because now they can earn more money because ICOs are only promoted through campaigns anymore.

Singwala

sr. member

Activity: 462

Merit: 260

As far as I know, The facebook plan of doing is to remove the facebook adds of ICOs. So, facebook bounties are not affected here because adds will only be removed and not facebook pages. So we have nothing to worry about ..

Ceballos

sr. member

Activity: 621

Merit: 288

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

They focused on ICO ads.
This is really interesting ban from facebook. Now if ICO owners cannot insert ads to facebook than they will start to increase bounty rewards for facebook.
lets see.

http://prntscr.com/i81p76

youstock

copper member

Activity: 76

Merit: 1

Tokenized selfhood

Quote from: jomz312 on January 30, 2018, 07:49:08 PM

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.

https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

That's weird, Facebook keeps prompting me to promote my project page. But I guess YouStock by itself is not a cryptocurrency.

VanKleiss

member

Activity: 231

Merit: 10

Quote from: jomz312 on January 30, 2018, 07:49:08 PM

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.

https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

Facebook are also looking for a blockchain that they can team up with, i hope Facebook will not promote it as well in case they come up with a blockchain technology partners. Anyway it is their revenue lost not ours.

asifcoiner23

newbie

Activity: 42

Merit: 0

Quote from: jomz312 on January 30, 2018, 07:49:08 PM

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.

https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

i think they are building a currency of their own so you can use or post about it on fb

jpucela14

sr. member

Activity: 357

Merit: 251

SWISSREALCOIN - FIRST REAL ESTATE CRYPTO TOKEN

Quote from: jomz312 on January 30, 2018, 07:49:08 PM

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.

https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

Seems like Facebook wanted to buy some cheap bitcoins. Cheesy

Twitter is also blocking ads which advertise cryptos with "gambling" reasons.

Pvt-snafu

jr. member

Activity: 98

Merit: 4

This is quite unfortunate, cause there is a lot of posts in regards to cryptocurrency since Facebook is now acting as some field of marketing/advertising etcetera.
That's not right to just shut down the posts about the coins and left others, for instance, I can't get what is better in advertising the cars comparing to the sharing info about ICO?

Don't get me wrong, that's just my point.

coin0101

newbie

Activity: 42

Merit: 0

Quote from: jomz312 on January 30, 2018, 07:49:08 PM

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.

https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

maybe they are creating a currency of their own that is why they are doing this so only their currency is used on fb

Om.monata

full member

Activity: 936

Merit: 100

Quote from: jomz312 on January 30, 2018, 07:49:08 PM

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.

https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

although it maybe disappointing for projects that will be promoting in social media especially facebook but if Facebook has set the rules it may have to obey and switch in other social media for promotion, because the internet has the widest range and can be for promotions anywhere.

eterhunter

newbie

Activity: 98

Merit: 0

I think this is also the reason why we have "Merit" in forum rules the moderator are already know that facebook will ban the digital currency ads,so many scam ICO are spreading the entire social media with non sense issue.

jyotianand01

sr. member

Activity: 980

Merit: 250

In my opinion, We are not promoting our own crypto currency ads and just doing like and share of ICO companies posts. When facebook is not blocking them how any share of a running page can be banned.

Mary_Swift

member

Activity: 84

Merit: 10

Quote from: luffy7 on January 30, 2018, 10:31:44 PM

Great news. Most of them that do ads on Facebook are scams anyway.

I also think so. Verified cryptocurrencies don't require advertising or they can post it in specialist forums.

AgentZero23

member

Activity: 644

Merit: 10

This is really bad news for bounty hunters like me. No more Facebook campaigns. If it's the case I'm good with signature, Twitter and reddit. But the newbies will the much affected.

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