Topic: Facebook Is Banning Ads for Bitcoin and ICOs - page 8. (Read 2135 times)

They deserve to do this. But as a social media platform, they should know better. Social media sites are now for advertising purposes. They only do this to clean their hands of possible ICO scams.

this is sad as facebook is one of the biggest platform to advertise cryptocurrencies but nethertheless bitcoin will survive with or without them.

Maybe facebook them to prevent what can happen in the market without affecting them, it's never safe for Bitcoin users who are usually new to staying on facebook long, then I Always get random messages from a stranger to their rogue web site for scams, and for an ICO they can promote that project.

This is not a good news for us, I hope that Facebook won't do it or hope that they will change their minds. I know that they really have the right to do it, but we will hope that they have to be open minded because there are already Bitcoiners or people who used Facebook as a medium of spreading good news about Bitcoin and ICO's. It is also obvious that most people or company uses Facebook for advertising their products. So, why only Bitcoin and ICO's?

They are concerned about the risk of scam on the Facebook application because they prohibit the promotion of virtual currency. This has a lot of disadvantages for new projects. But facebook does not prohibit the posting of event information of the coin

yes it is true. I don't have any ads about the cryptocurrency and the ico's in the facebook. and I heard a news that the facebook will create an owned cryptocurrency. I would likely to see that. also, not all people realize or understand what popping iut of nowhere the ads if they scroll up and down in their Facebook.

Good. Not everyone can understand nor appreciate these annoying ads that keeps popping out in their feeds. Although it would be a good avenue for investors to take in prospective investments, but then again, it is overruled by users who don't give a damn about cryptocurrency.

Facebook is simply reinsured: it is wiser to prohibit dubious advertising than to get problems and sanctions on an equal footing. and advertising ICO will help in the fight against fraud.

the ban finally have been lifted out. I am confused and don`t understand the reason behind this. They can`t just play with the investors as well as people to ban and than remove the ban whenever they see an interest or a part of the pie for themselves .

This has been the case in the recent past, for various reasons,  facebook decided that they will no longer be accepting adds oN ICOs and cryptos, the reason being that they were trying to stop rogue ICOs who were nothing but fraud, The latest news is however that the decision has been backpedaled and Facebook is reconsidering letting tthe ICOs advertise on its platform

Finally the good news is that Facebook has reversed the ban on crypto currency and ICO promotion and I have started to see some adds about ICO again on Facebook and it looks like a good news according to me and it will make a good impact on the crypto market for sure.

This is not a good news. I am expecting for more in the future that the media will offer something new and allow those adds because bitcoin and alts is truly a big help to everyone.

You should not too worry. They just wanna prevent scam in their product. when the ICO is more popular, they will allow to it come back. Believe me, everything will be fine

Going back and reviewing the decision only shows that cryptos are a no-return path. It is time to invest in good projects and reap the rewards in the near future.

Yes, indeed Facebook banned some of my post about crypto currency and also when you post about the forms and ICO's there is an error occurred when you do the process. I don't know why they should do that, if Facebook allow us to post but there is a limit only when you post about crypto that would be better for us. Social media is one of the biggest source when you promote an ICO or a crypto project.

If Facebook is in fact banning ICOs and ads it is a protective move. I think most of us are aware of the recent issues that have plagued Facebook because of the recent HACKING incident. It was an embarrassment and had the potential to be very injurious to many of the members because their personal information could have been stolen and used  for nefarious reasons. This incident had Mr. Zuckerburg  meeting with Congress and having seminars as a means of insuring members that they could once again trust the staff of Facebook with their personal business. This incident is still under investigation. So if they are taking protective measures against ads and ICOs that might be attempting to lie and scam members it could be a necessary evil. As we well know sometimes the good have to suffer with the evil when trying to control what people are being exposed to. Who in their RIGHT mind is going to trust a company that does not attempt to protect its members? After all what would Facebook be without its HUMAN factor -- NONEXISTENT!  We are what makes this company what it is   - a viable entity. Its LOYALTY should be to the people who keep it going strong not some potentially crooked advertisements or ICOs. Facebook has lost a few members because of the incident  and I am sure that they want to stop this cut from becoming a full on blood -letting.

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.

Its not a rash decision by facebook although they have their own ICO they would still advertise cyrpto but the fact is the scams and other transactions in my coutnry is susally by usin facebook or other social media platforms. I think they did this to prevent it from happening.

You do realize that this has been posted months ago, right? Bitcoin's price didn't go down because of this. I think it's the altcoin economy that has been affected by this. They are posting on facebook, make a facebook campaign in here, and people are going to share their posts in exchange of their self-made coins. That's free advertising right there. Facebook isn't even making money from it because these ICO campaigns don't even have to boost their posts. Maybe ICO campaigns are only banned in promoted facebook ads which facebook can moderate but they aren't necessarily banning accounts that have posted something about ICOs since they can't moderate all of that.


To connect people is facebook's initial objective but they also have bills to pay. Thus, facebook has started offering advertisements which most websites make money from. Honestly social media has become a lot more about business now. The more money you put into it, the more followers you're gaining, the more audience your product is having, and the more buyers you get. That's a win-win for facebook and the campaign who had advertising from them.

EDIT: To everyone, ignore this thread. It's now "facebook once banned ads for bitcoin and ICOs". The ban has been lifted:
https://bitcoinmagazine.com/articles/facebook-reverses-cryptocurrency-ad-ban-amidst-rumors-coinbase-acquisition/

Since the news spread out all over the internet.
i still can see some advertisement of ICO and cryptocurrency project over Facebook.
there are no new with this, so i think Facebook is not that tight about the implementation.