Facebook Is Banning Ads for Bitcoin and ICOs - page 5.

solarisexodus

jr. member

Activity: 87

Merit: 1

Quote from: luigidosado on January 30, 2018, 09:31:27 PM

Quote from: btcgolong on January 30, 2018, 09:07:23 PM

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 have read this article and there are some reasonable reasons why facebook has done it. Social media websites like facebook plays a big role when it comes to marketing for every crypto companies. This decision of facebook can directly affect the marketing strategies of these coins. Facebook maybe then realized that these companies are earning big thats why this one can be a step so that they could ask for a higher fees for ads.

Yes I agree, Facebook also want some profits out of this crypto companies; however, it will affect the future bounty campaigns of other ICOs. Such actions might include tracking of posted pictures and videos from the ICOs; thus, it will tighten the Facebook campaign of other ICOs OR facebook would introduce auto ads over ICOs information. If this will be the reason for Facebook's plan, I think this is not all about negating the ICOs - it is more on the inclusion of Facebook party in crypto (embracing technological diversification).

waitforme

full member

Activity: 618

Merit: 100

BBOD The Best Derivatives Exchange

Quote from: btcgolong on January 30, 2018, 09:07:23 PM

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..."

The ban on Ads related to ICOs and Bitcoin was announced long ago by Facebook, but things are still going on, and I still see Ads related to them appear on the news feed. Facebook only makes big decisions to build up its reputation and not fulfill its promise, so we should not worry about it.

Sword555

sr. member

Activity: 619

Merit: 251

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

I find my Delight in seeing those news, when somebody has a negative attitude towards cryptocurrencies, and then with the flow of time he would change his mind and say before everybody that he claim to have an opposite opinion.

Odonko

member

Activity: 201

Merit: 10

this issue was very alarming initially for the crypto community but for now the ban has been lifted and so bounty hunters who are engaged in any bounty campaigns can proceed and go about their daily campaigns without any fear of banning you account. All the best in your campaign hunters.

suzanne5223

hero member

Activity: 2660

Merit: 651

Want top-notch marketing for your project, Hire me

Quote from: KingOfWinterfell01 on July 15, 2018, 09:09:43 AM

Quote from: btcgolong on January 30, 2018, 09:07:23 PM

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 it's only fair for facebook to ban ads that feature bitcoins and ICOs because some ICOs are rich enough to trick people into buying into their scams. They even use bitcoins to entice their attention towards the possible investment growth they can get.

They actually ban Bitcoin and ICO related ads because the crypto currency scam that happened to twitter user while twitter was held responsible for it. Meanwhile, Facebook don't totally place ban on bitcoin or crypto currency related ads thats genuine.

KingOfWinterfell01

full member

Activity: 504

Merit: 100

Quote from: btcgolong on January 30, 2018, 09:07:23 PM

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 it's only fair for facebook to ban ads that feature bitcoins and ICOs because some ICOs are rich enough to trick people into buying into their scams. They even use bitcoins to entice their attention towards the possible investment growth they can get.

imrul5

newbie

Activity: 56

Merit: 0

All the unsocial work started by social media such as Facebook and Twitter. They only wanted to earn money by pushing other from the path. Social media is doing unsocial works from the begging.

airdnasxela

sr. member

Activity: 728

Merit: 254

Well o think there are many reasons why facebook or mark Suckerberg banned ads for bitcoin and ICOs. Maybe one is that he know that he's platform which is facebook can be used in the scams that are related to cryptocurrency that is why he banned it. Also, he knows his audience very well. Maybe it is also because there are many eyes that are watching him that is why he really do cautious acts so that it will produce lesser mistakes

James Smithh

newbie

Activity: 22

Merit: 0

The ban is reflecting official sentiment as the move comes at the time when complaints are piling up against ICO scams. Facebook’s action was in line with recent efforts by US authorities to combat widespread cryptocurrency fraud.

sicnarfwb

newbie

Activity: 116

Merit: 0

Banning ads platform on Facebook wont stop the existing BITCOIN to be avdertise in social media. Talking about facebook is very open for people in sharing advertisement and posting ads, because till now FACEBOOK CAMPAIGN involving bitcoin still on the access, bitcoin dont focus by itself but by the product/ campaign that posted/shared by people that invole bitcoin as payment for transaction so its hard for the dev of facebook to segrate ads platform because of huge ads that access their website.

Sam San

sr. member

Activity: 630

Merit: 250

Quote from: ?? on ??

The fact remains that facebook are doing it business wise since they have ads and promotions which is paid for, Facebook also has recently launch the marketplace. And since Facebook is the most popular and widely used by people, it is a great tool to spread product like the ICOs. The ICOs, instead of paying Facebook to make their advertisement has resulted into bounties, which I guess is one of the major reasons facebook is banning ICOs considering how much the are likely to make if those adverts comes through them directly.

more than half of the ICOs are on scam schemes, so Facebook abstract . declaring crypto illegal on Facebook, and then just reaps the fruits, knowing that he declared the crypt of ICOs illegal and there is no pretensions.

connecoin

jr. member

Activity: 308

Merit: 1

This kind of moved from Facebook will surely affect the popularity of bitcoin especially to it's demand in the market. I just hope that they will change their decision in the near future.

Invester

sr. member

Activity: 646

Merit: 252

PNNV.COM Live bitcoin price monitor

Quote from: btcgolong on January 30, 2018, 09:07:23 PM

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..."

Quote from: wiik on July 14, 2018, 09:02:31 PM

Well , Mark the founder of facebook is just being a **** because his rival twin something is almost richer than him at one point . Im not quite sure . There has been a circulating news about it . And with facebook banning crypto ads , it hurt the market . And now they reverse their decision . I guess facebook is gonna do something with crypto . Maybe make their own coin ? Who knows Huh

Anyway , whatever Facebook do i dont care as long as its going to give positive outcome to the crypto market im fine with it .

I have read a few times somewhere that Facebook has already made some changes as regards to this earlier decision of theirs. Actually, even when this news circulated around, I was still able to see ICO and crypto-related posts, even promotional or marketing ones. There were even ads. But for now, this has already changed. Facebook is allegedly saying they are withdrawing such policy.

wiik

member

Activity: 293

Merit: 12

Well , Mark the founder of facebook is just being a **** because his rival twin something is almost richer than him at one point . Im not quite sure . There has been a circulating news about it . And with facebook banning crypto ads , it hurt the market . And now they reverse their decision . I guess facebook is gonna do something with crypto . Maybe make their own coin ? Who knows Huh

Anyway , whatever Facebook do i dont care as long as its going to give positive outcome to the crypto market im fine with it .

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: Anyobsss on July 14, 2018, 06:52:43 PM

Quote from: francesyrus on July 14, 2018, 06:34:50 PM

It is bad news for bounty hunters who make money by sharing/posting on facebook, actually now they are also banning posting links with referrals not only on facebook but also on messenger. We need to shorten it or put some smileys to be able to post it.

There's definitely a reason why ico ads are being banned. Facebook are being used by millions of people and fb developers keep its user away from scam icos.

That is the reason why they banned the ico advertisements because they want to keep their user safe from the scam but now they unban and lift the banning for the icos and now they are free to advertise again. They should have not done it in the first place because it is not their fault and it is just the user that invest without research.

Anyobsss

full member

Activity: 784

Merit: 135

DeFixy.com - The future of Decentralization

Quote from: francesyrus on July 14, 2018, 06:34:50 PM

It is bad news for bounty hunters who make money by sharing/posting on facebook, actually now they are also banning posting links with referrals not only on facebook but also on messenger. We need to shorten it or put some smileys to be able to post it.

There's definitely a reason why ico ads are being banned. Facebook are being used by millions of people and fb developers just want to keep its users away from scam icos.

francesyrus

sr. member

Activity: 616

Merit: 251

It is bad news for bounty hunters who make money by sharing/posting on facebook, actually now they are also banning posting links with referrals not only on facebook but also on messenger. We need to shorten it or put some smileys to be able to post it.

rockyboy

full member

Activity: 392

Merit: 100

Quote from: Bitcoininvestment on July 14, 2018, 05:57:10 PM

As I can see. I can consider that as a wrong move from facebook since bitcoin could also bring them some profits. Banning it would just cause a lost to their profit when it comes to advertising the bitcoin. Differents sites are already making their profit with just advertising bitcoin. But I think that theres really a reason behind banning it.

That is correct, they can earn thru advertisement. Its a wrong move but it is their choice. Advetisement will help to spread something about the ICO, i hope this won't affect the flow of the upcoming investors and the price of btc.

trimulia

full member

Activity: 518

Merit: 101

ow shit thats why we never see ads about new ICO,so bad news hope they will unban ads like this,it a good business right?

Siakol

newbie

Activity: 49

Merit: 0

It is not a good news if that's true, but in other way, ads about ICOs are not that harmful on the net, It is knowledgeable actually, the future of advertisement and other educational and helpful project is a good thing to feed your mind through social medias.

Topic: Facebook Is Banning Ads for Bitcoin and ICOs - page 5. (Read 2147 times)