Author

Topic: Facebook & Bitcoin, the conspiracy theory (Read 206 times)

legendary
Activity: 1652
Merit: 1088
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February 05, 2018, 05:11:51 PM
#10
Facebook is banning ads about ICOs. And most of the ICOs are on the Ethereum network, with a few on Waves and a few on Stellar. So those are the coins most affected.

There are no bitcoin-based ICOs, so the Facebook action is irrelevant to bitcoin.
newbie
Activity: 92
Merit: 0
February 05, 2018, 04:45:32 PM
#9
All I would think this is a turning point that crytocurrencies will have positive market after falling down price. this makes a good time to invest in bitcoin while some good news are appearing around crypto world.
member
Activity: 805
Merit: 26
February 05, 2018, 04:04:15 PM
#8
Bitcoin did not ban all coins but it just wanted to remove all advertisement coin in facebook in order to eliminate those HYIP and ponzi schemes together with the scam/shitcoins. Facebook want the people to be free from scams and it is so much good for us.
It is not necessary for facebook to make new coins since we know that facebook already reach its peak, it is popular and it don't need to make a blockchain technology to make facebook well. They can participate in a big project but it is impossible that it is conspiracy.
RNC
newbie
Activity: 42
Merit: 0
February 05, 2018, 03:57:43 PM
#7
My best guess is Ripple or Ethereum for this partnership, but they might surprise us with a new technology, based on the Blockchain.

What do you think?   

Well you did ask and I think we have the pot calling the kettle black myself since Lightning is hub banking and Ripple fees are like
1000 times less than Bitcoin fees and if you are after a money scam just as bad as the bankers pull off then look no further than USDT .
sr. member
Activity: 462
Merit: 254
February 05, 2018, 03:54:09 PM
#6
Big Banks are for years working on an own blockchain. But I don't see a conspiracy against Bitcoin by this step. I fear another possible conspiracy in near future: What, if governments would overtake the blockchain with high capacities of hash power? They would have the money and power to seriously disturb the network with over 50% of capacity.
member
Activity: 157
Merit: 13
February 05, 2018, 03:48:08 PM
#5
Facebook has obviously partnered with some Bank to introduce some Private Blockchain based technology or some Alt coin in the future. This move is probably the first step to protect their arrangement with their future partner. If they announce these two things together, then their strategy would be too obvious.

My prediction is that Facebook would soon announce a new Blockchain based payment method for their own Facebook Market place feature.

My best guess is Ripple or Ethereum for this partnership, but they might surprise us with a new technology, based on the Blockchain.

What do you think?  
Probably they just don't want to be involved in scam advertising to avoid further legal claims when we'll see a lot of project crashes which ran ICOs today. If they don't take part in all this industry no one will be able to blame them for complicity in someone's money loss. Many of ICOs are pure scam today. It's also inevitable that a lot of non-scam projects who ran ICOs today won't survive or won't be able to keep all their promises according to their roadmaps and they will exist until the moment they spend all the ICO money. And only a few of them will be a success. So when a lot of "where is our money and where is our profits" questions or maybe some kind of legal claims pop-up, Facebook will just say that they don't have nothing to do with that, it's all their users fold who advertise scam.
And yes, there is rumor that they have a group of developers who work hard on their own blockchain and probably coin. Maybe they will use it for payments inside their advertising ecosystem.
legendary
Activity: 4424
Merit: 4794
February 05, 2018, 03:27:53 PM
#4
facebook is not stopping people making comments/posts about bitcoin
facebook is not stopping people making groups about bitcoin

facebook is stopping the 'suggested ads' that advertising the scammy investment schemes to avoid liability of suggesting that people shoul invest in the HYIP's and fake ICO schemes

full member
Activity: 294
Merit: 104
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
February 05, 2018, 03:18:11 PM
#3
Facebook has obviously partnered with some Bank to introduce some Private Blockchain based technology or some Alt coin in the future. This move is probably the first step to protect their arrangement with their future partner. If they announce these two things together, then their strategy would be too obvious.

My prediction is that Facebook would soon announce a new Blockchain based payment method for their own Facebook Market place feature.

My best guess is Ripple or Ethereum for this partnership, but they might surprise us with a new technology, based on the Blockchain.

What do you think?   



Mark is just too fixated with the Winklevoss thing which is why he is avoiding the prominent supporter of Bitcoin. And that is the best read on this.
newbie
Activity: 182
Merit: 0
February 05, 2018, 03:04:23 PM
#2
facebook is studying cryptocurrencies and as well as bitcoin as blockchain example lot of more to come in facebook
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
January 31, 2018, 01:13:44 AM
#1
Facebook has obviously partnered with some Bank to introduce some Private Blockchain based technology or some Alt coin in the future. This move is probably the first step to protect their arrangement with their future partner. If they announce these two things together, then their strategy would be too obvious.

My prediction is that Facebook would soon announce a new Blockchain based payment method for their own Facebook Market place feature.

My best guess is Ripple or Ethereum for this partnership, but they might surprise us with a new technology, based on the Blockchain.

What do you think?   

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