Facebook is banning all ads promoting cryptocurrencies! - page 2.

Tankdestroyer

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Quote from: Thadeous on January 30, 2018, 10:08:34 PM

Facebook is banning all ads promoting bitcoin and other cryptocurrencies, including ICO.
Please see more details here Facebook is banning all ads promoting cryptocurrencies — including bitcoin and ICOs

How this will affect ICOs, Bounty programs and entire cryptocurrency market?

It will not affect ICO's not even one bit but for bounty programs, social media campaigns would only be available to Twitter since Facebook will also ban those promotions on Facebook. Nevertheless, it is only one channel to promote ICO's anyway and here is nothing to worry about. It will also not affect cryptocurrencies as a whole. There are many more sites that have cryptocurrency related adds in them.

GR92

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World goverment starts war against cryptoworld! Grin

South Korea,China,Facebook who the next?)

paolma

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Facebook should ban all ads, its driving me nuts just like the cute kitty, doge etc. videos.

nthnode404

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Everything I say is in My Opinion Only!

Maybe Facebook itself should be banned? It's just a social site that allows people to give up their privacy in the name of "fun". Of course, the narcissistic people like it to show off on, so there's that. Hopefully it will just go away on its own.

Bakemat

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Quote from: Thadeous on January 30, 2018, 10:08:34 PM

Facebook is banning all ads promoting bitcoin and other cryptocurrencies, including ICO.
Please see more details here Facebook is banning all ads promoting cryptocurrencies — including bitcoin and ICOs

How this will affect ICOs, Bounty programs and entire cryptocurrency market?

If the facebook banning all the ads about the promoting of Cryptocurrency , this will be have a big affection. The facebook are one of the biggest social media and many users that can be found here, so if have many user here there are more people active in this site. The facebook are very important to afs because the facebook has many users

Thadeous

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Quote from: deniskiely on January 31, 2018, 01:01:12 AM

That is a good news in my pont of view , Scam ICO just need to invest to create a website then put ads on facebook and scam people !

Mate, do you really believe that scam appears only in ICO promotions? Wake up.
If Facebook seriously decided to fight the scam, they will have to remove at least 15-20% of all ads and promotions!

deniskiely

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That is a good news in my pont of view , Scam ICO just need to invest to create a website then put ads on facebook and scam people !

Lyne01

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Quote from: Thadeous on January 30, 2018, 10:08:34 PM

Facebook is banning all ads promoting bitcoin and other cryptocurrencies, including ICO.
Please see more details here Facebook is banning all ads promoting cryptocurrencies — including bitcoin and ICOs

How this will affect ICOs, Bounty programs and entire cryptocurrency market?

This is the start of total control of Bitcoin. Sooner or later, even twitter will follow and other blogging sites. They will regulate the usage and transaction in bitcoin. I am afraid even if block chains and other platforms will be banned. This is a totally crazy move of Facebook. There are millions of Facebook users and it is a good way of advertising ICOs and their products. Surely, bounties will stop Facebook campaign. It will be sad days for the newbies.

Thadeous

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Here is this Facebook news post - New Ads Policy: Improving Integrity and Security of Financial Product and Services Ads
What I find interesting: "That said, there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith."
"good faith" - is a definitely serious reason...

audrey12

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Quote from: Thadeous on January 30, 2018, 10:08:34 PM

Facebook is banning all ads promoting bitcoin and other cryptocurrencies, including ICO.
Please see more details here Facebook is banning all ads promoting cryptocurrencies — including bitcoin and ICOs

How this will affect ICOs, Bounty programs and entire cryptocurrency market?

Well I think this will greatly affects the popularity of a crypto and even ICOs since facebook is consider to be one of the best way to promotes them. Doing signature campaigns alone does not guarantee that the project will become successful this one reason why social media is needed for advertisement. But somehow what happen to facebook will be a way to prevent promotions of ponzi sites that mislead many people from learning cryptos.

Malaya

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Quote from: Max Lee on January 30, 2018, 10:14:29 PM

Bounty programs launching is bitcointalk, discord, telegram, youtube, twitter, slack ... and facebook.

Indeed, Facebook is just one channel. Though it has a huge impact still on advertising and creating awareness to billions of people, I hope that this will be reconsidered and just put some contingency in blocking all the scammers alone.

Winterizing

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(｡◕‿◕｡)

Facebook is not the only media that can be used to advertise ICO. There are many great social medias open for us to still use like twitter, Reddit, Youtube, Blogs etc. The important part is ICOs can still be advertised and Cryptos will never die.

niisarearning

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Facebook is not only the media to advertise cryptocurrency. Just banning the ads will reduce Facebook profit . There is lots of fan page and groups still there exists . More over this there is lots of good platforms ready to take over Facebook.

Max Lee

newbie

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Quote from: Grandifer on January 30, 2018, 10:30:16 PM

They can't ban promotion campaigns. They only ban targeted ads. I guess, they are just scared of regulators.

No, they can ban the content in ads - caption, text in banner or landing page ...

Thadeous

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Quote from: noonc on January 30, 2018, 10:51:27 PM

I think Facebook's ban on the promotion of cryptocurrencies and ICOs is because they may themselves have to launch a cryptocurrency or be afraid of being regulated by the government. After all, the legitimacy of the ICO remains to be determined.

Interesting point! It will be so funny to see how Facebook promotes and advertises their own ICO after all. Grin

noonc

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I think Facebook's ban on the promotion of cryptocurrencies and ICOs is because they may themselves have to launch a cryptocurrency or be afraid of being regulated by the government. After all, the legitimacy of the ICO remains to be determined.

King Koopa

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I'm okay with them blocking advertisements on their platform. If however, the cryptocurrency offers an already established product and doesn't appear as a "Buy now and you'll see 200x returns!" then it may be doing the market a disservice.

cryptohunter

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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

how many threads will we have on this exact piece of news

face book "BANNED" = centralised garbage that will soon be obsolete.

anyway you dont know about bitcoin by now and have not looked into it for yourself and you would go into an ico cos of an advert on facebook= probably no investment money anyway.

mammusu

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Leading Crypto Sports Betting & Casino Platform

yes, facebook is ban crypto ads
this is a strategy on facebook, because facebook are planning to impelent they own crypto in the future.

Latviand

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Quote from: Thadeous on January 30, 2018, 10:08:34 PM

Facebook is banning all ads promoting bitcoin and other cryptocurrencies, including ICO.
Please see more details here Facebook is banning all ads promoting cryptocurrencies — including bitcoin and ICOs

How this will affect ICOs, Bounty programs and entire cryptocurrency market?

Although facebook only one channel, the facebook have a big population. There are more user in this than the other social media. So for me, it has a big impact to the ICO and in the Alternative Coins because if there's no add how will the others know about the alt coins. Yeah there are others mefia like youtube twittrr but we know that the population of user in the facebook was manier than the other social media

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