Facebook is banning all ads promoting cryptocurrencies, including ICOs - page 4.

jerjer

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Quote from: liseff3 on January 31, 2018, 09:21:42 PM

Quote from: jerjer on January 31, 2018, 02:00:55 AM

Guys what can you say about this article spreading in fb that fb will going to ban all the advertisements which related to bitcoin and other crypto currencies including ICOs?

Please read article: https://www.cnbc.com/2018/01/30/facebook-cryptocurrency-ads-banned--including-bitcoin-and-icos.html?__source=facebook%7Cnow

I am worried if this is F U D.

Quote from: nsiman on January 31, 2018, 03:50:37 AM

Let's wait for official confirmation from the Facebook media desk....

I am waiting for him.

Me too. I hope this news is not real. I cant imagine how it can affect to the social media bountycampaign. Through all social medias, FB is one of the most effective and active in advertisement in crypto these days .

jerjer

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Quote from: nsiman on January 31, 2018, 03:50:37 AM

Let's wait for official confirmation from the Facebook media desk....

Let's hope that its just a hearsay , because if it is true, then it can affect to our bounty hunting . FB is one of main social media in bounty campaign.

Kemarit

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Quote from: OriginTrain on January 31, 2018, 10:00:45 PM

~
On the other hand, there are too many dodgy ICOs that whilst I'm not saying regulations are the solution (the whole point of blockchain is to avoid regulations from central authorities) - something needs to be done, most likely by the community through some form of central registrar - whereby ICOs and their teams can be better vetted. There have been too many underperforming ICOs recently that have been heavily hyped, costing investors a lot of money. This will be more of an issue if this bear market continues.

~

Exactly. This is what I thought to be the real reason why Facebook banned all ads promoting ICO or anything related to crypto. Maybe they have been pressure by the government for all we know. However, when crypto booms in the 3th quarter of last year, there are a lot of scammy ICO's that sprout out like mushrooms. And the unsuspecting victims all fell for them because of the promise to give them huge dividends. Its also hard to filter out scam vs legit and trusted ICO's. They are evolving as well. So with Facebook banning them, it will be really hard for scammers to advertise their ICO as Facebook is the #1 social media right now. Although they still have other options to promote it, I'm sure that all other social media will follow what Mark and his company has set as precedence.

drmarcobelli

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This was expected to be honest.
People were taking advantage of it. Why not just do simple and legit ads instead of "Invest in our ICO for 100x profit"?
If everyone used them as it should, probably no ban.

Sammylezzy

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I don't think they should ban any advertisement concerning Cryptocurrency.. I've been blocked several times and I keep posting. Lol

cryptowizze

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damn I was thinking of running something on facebook, oh well/

thurlowweed

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I found this pretty interesting. They are letting me advertise my Youtube Channel, and cryptocurrency news website and FB page, so it's not all ads. . . . At least for now! Undecided

OriginTrain

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I can see two sides to this honestly.

First, this is of course bad news to all of us crypto investors that participate in ICOs. Without mainstream public adoption in upcoming ICOs from facebook, no doubt the raised capital will be much less, potentially lowering global marketcap.

On the other hand, there are too many dodgy ICOs that whilst I'm not saying regulations are the solution (the whole point of blockchain is to avoid regulations from central authorities) - something needs to be done, most likely by the community through some form of central registrar - whereby ICOs and their teams can be better vetted. There have been too many underperforming ICOs recently that have been heavily hyped, costing investors a lot of money. This will be more of an issue if this bear market continues.

I think the cryptosphere needs some more time to mature and gain trust, and the dodgy ICOs somehow prevented, to prevent mainstream investors getting burnt more. If they continue to get burnt this will only give crypto as a whole a bad name as people tell one another that the whole sphere is a scam, even though of course we know better. The fact is most investors won't do due diligence.

katinko

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Quote from: TimtheYoutuber on January 31, 2018, 09:30:32 PM

Quote from: liseff3 on January 31, 2018, 09:21:42 PM

Quote from: jerjer on January 31, 2018, 02:00:55 AM

Guys what can you say about this article spreading in fb that fb will going to ban all the advertisements which related to bitcoin and other crypto currencies including ICOs?

Please read article: https://www.cnbc.com/2018/01/30/facebook-cryptocurrency-ads-banned--including-bitcoin-and-icos.html?__source=facebook%7Cnow

I am worried if this is F U D.

Quote from: nsiman on January 31, 2018, 03:50:37 AM

Let's wait for official confirmation from the Facebook media desk....

I am waiting for him.

It has been confirmed : https://www.facebook.com/business/news/new-ads-policy-improving-integrity-and-security-of-financial-product-and-services-ads

It needed to be done, we need more ICO standards and people to be smarter. If people weren't investing in coins like bitconnect then we wouldn't run into this problem. Adoption is great, but at the same time when you have more people investing and entering the space you have a lot of people buying coins without researching.

This is a bad news for cryptocurrency because facebook is one of the best site to promote and advertise the ICO and other things in crypto world. This could be a big effect and make popularization get slow but hoping that many people continuous helping crypto currency to promote in other forum site and other social media sites.

TimtheYoutuber

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Quote from: liseff3 on January 31, 2018, 09:21:42 PM

Quote from: jerjer on January 31, 2018, 02:00:55 AM

Guys what can you say about this article spreading in fb that fb will going to ban all the advertisements which related to bitcoin and other crypto currencies including ICOs?

Please read article: https://www.cnbc.com/2018/01/30/facebook-cryptocurrency-ads-banned--including-bitcoin-and-icos.html?__source=facebook%7Cnow

I am worried if this is F U D.

Quote from: nsiman on January 31, 2018, 03:50:37 AM

Let's wait for official confirmation from the Facebook media desk....

I am waiting for him.

It has been confirmed : https://www.facebook.com/business/news/new-ads-policy-improving-integrity-and-security-of-financial-product-and-services-ads

It needed to be done, we need more ICO standards and people to be smarter. If people weren't investing in coins like bitconnect then we wouldn't run into this problem. Adoption is great, but at the same time when you have more people investing and entering the space you have a lot of people buying coins without researching.

liseff3

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Quote from: jerjer on January 31, 2018, 02:00:55 AM

Guys what can you say about this article spreading in fb that fb will going to ban all the advertisements which related to bitcoin and other crypto currencies including ICOs?

Please read article: https://www.cnbc.com/2018/01/30/facebook-cryptocurrency-ads-banned--including-bitcoin-and-icos.html?__source=facebook%7Cnow

I am worried if this is F U D.

Quote from: nsiman on January 31, 2018, 03:50:37 AM

Let's wait for official confirmation from the Facebook media desk....

I am waiting for him.

nsiman

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Let's wait for official confirmation from the Facebook media desk....

jerjer

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Guys what can you say about this article spreading in fb that fb will going to ban all the advertisements which related to bitcoin and other crypto currencies including ICOs? As a bounty hunter, its seems very alarming.

Please read article: https://www.cnbc.com/2018/01/30/facebook-cryptocurrency-ads-banned--including-bitcoin-and-icos.html?__source=facebook%7Cnow

Topic: Facebook is banning all ads promoting cryptocurrencies, including ICOs - page 4. (Read 490 times)