Facebook always has the same policy on changes like this.
1. Something gets enough attention/causes enough issues that it gets on the radar of management
2. They implement a broad ban that stops the issue but also affects innocent parties
3. After a few months they come back with a policy that has fixed the issue i.e the advertisers causing issues are banned but the good actors are allowed back.
The same happened when the press made a big deal of the fact that you could target people who selected 'Jew Hater' as their job title.
https://www.theguardian.com/technology/2017/sep/20/facebook-jew-haters-ad-targeting-sheryl-sandberg
A brief ban then back with better policy.
They even said it themselves here:
This policy is intentionally broad while we work to better detect deceptive and misleading advertising practices, and enforcement will begin to ramp up across our platforms including Facebook, Audience Network and Instagram," he wrote. "We will revisit this policy and how we enforce it as our signals improve
TLDR - Facebook will allow crypto ads again once they have found a way to make them responsible.
Topic: Facebook Is Banning Ads for Bitcoin and ICOs - page 18. (Read 2147 times)
Its bad news for bitcoin it can influence the price. I think it because so many fake ico advertise on facebook. So facebook doin his job to clear all ico advertise. From another perspective facebook makes risky move. I hope everthing is gonna be fine
Which will definitely make bitcoin prices fall in the next few days months. Whatever I want to hold my bitcoin for sure it will be the currency of the future of this world.
https://www.coindesk.com/facebook-banning-advertisements-bitcoin-icos/
"Social media giant Facebook has unveiled a new policy that bans advertisements involving bitcoin and initial coin offerings, among others..."
I think that is a bad news. We all know that there are so many facebook user so that if they have an ads about bitcoin and ICOs there's a possibility that they will make a research about it when they saw that they can earn from it but if facebook ban it there's a lot of changes that will happen to us.
I think there are still some cryptocurrency ads and ICO hanging around in the facebook window, and there are also google ads that still provide cryptocurrency ads, in my opinion it's just a conspiracy alone that makes new investors play panic and eventually sell their assets and many players old who took the opportunity to buy as much as possible.
Yes this is exactly to create panic in the market stating that a big giant firm like Facebook is banning ads so you should think before investing
I think there are still some cryptocurrency ads and ICO hanging around in the facebook window, and there are also google ads that still provide cryptocurrency ads, in my opinion it's just a conspiracy alone that makes new investors play panic and eventually sell their assets and many players old who took the opportunity to buy as much as possible.
Facebook has not completely banned crypto ads. It has just put in place some restrictions when it comes to crypto related postings. Infact Facebook is also coming up with a new team dedicated only for Blockchain headed by David Marcus
https://www.coindesk.com/facebook-banning-advertisements-bitcoin-icos/
"Social media giant Facebook has unveiled a new policy that bans advertisements involving bitcoin and initial coin offerings, among others..."
That's just banned advertising ico on facebook because of the amount of scams exit ico. Facebook only protects their background because of it ..
As they say, "We want people to continue to discover and learn about new products and services through Facebook ads without fear of scams or deception. That said, there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith."
WTF
Would they be afraid of getting replaced by a blockchain based social media?
Bitcoin is getting zuuuuuucccced!!!
https://giphy.com/gifs/1Bh2zyW2yuBEalV0rO/html5
Would they be afraid of getting replaced by a blockchain based social media?
Bitcoin is getting zuuuuuucccced!!!
https://giphy.com/gifs/1Bh2zyW2yuBEalV0rO/html5
Facebook, at least tries to justify its position with common sense. After all, everyone understands that in addition to obviously forbidden directions, for example, advertising of narcotic substances, there are still many topics that are extremely painful for an unprepared user. I'm not sure that it is ICO that is the main evil on the planet, but apparently the administration of the American social network thinks so, therefore the amendment to the community rules maximally extends the policy of enforcement in respect of a number of advertising products.
Actually, I am not sure why they did it....they are losing a LOT of money they could get from that.
https://www.coindesk.com/facebook-banning-advertisements-bitcoin-icos/
"Social media giant Facebook has unveiled a new policy that bans advertisements involving bitcoin and initial coin offerings, among others..."
This has been reported many times over, and I think people are just in a state that they can't believe it because it's one of the foremost departments of bounty campaigns where people usually enroll in. Having said, I think that it's not a permanent thing, if not, something that would be done without qualifications. I think that Facebook is doing this to minimize the trash content in their system. I say that because many users actually post nonsense that it burdens their system, so Facebook just wants to control that for the time being.
That's quite sad, but there are a lot of fake ads online whereby people are duped, thanks to cyber thefts. I think that should be the reason why Facebooks is banning those ads, People must have complained on ads on Facebook that leads them right into a pitfall. Too bad though.
Since i keep getting warning messages/spam messages on facebook, i have stopped putting up ads relating to ICOs or carrying facebook campaign. It irks me to get all those messages. I'd rather do Twitter.
I have an account there but don't like it much due to the fact that it is not convenient for me. Now I don't like it even more after you said that Facebook blocks ads for Bitcoin. It is unwise from their side
One of the reasons could be, that these ICOs are really enticing. Unfortunately, most of them are not worth it to invest and many people didn't get their anticipated return.
Some post with link of ico deleted by facebook i already encounter this.i post and put link of the website for facebook campaign.but it was deleted.maybe we need to be careful.to our post.because of the scammers maybe soo facebook will ban all ico.
But I still see some ICOs being advertised on facebook, I do not know what happened yet. Maybe facebook has changed the policy. Accept ICO ad.
I think the cryptocurrency ads on facebook are still available and add a lot of ICO ads too, but I think if any such ads should not have a big impact on the world of cryptocurrency. it makes bitcoin stable, which means not much higher demand and stable price.
I think it would be the both sides loss. Bitcoin's loss because facebook could really help bitcoin in advertising as they are the biggest social media site that could reach billions of people worldwide. Facebook's loss because of the opportunity that bitcoin can give them.
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