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Topic: Facebook is banning all ads that promote cryptocurrencies (Read 389 times)

member
Activity: 167
Merit: 10
Same thing now with Twitter, too. Only it won't affect my opinion in any way. There are many other ways to advertise, including Google, popular Newspapers, bloggers, etc
full member
Activity: 406
Merit: 100
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Facebook is banning all ads that promote cryptocurrencies, including bitcoin, in an effort to prevent people from advertising what the company is calling “financial products and services frequently associated with misleading or deceptive promotional practices.”

That means no advertiser — even those that operate legal, legitimate businesses — will be able to promote things like bitcoin and other cryptocurrencies, initial coin offerings — ICOs for short — or binary options, according to a Facebook blog post.

https://www.recode.net/2018/1/30/16950926/facebook-mark-zuckerberg-bans-crypto-advertising-bitcoin-james-altucher


Actually when this news come out that facebook is banned all advertisement that related about cryptocurriencies,i fell worried because many more people who belong in this  community will be affected and also next the twitter and google,declaring also banned by this coming of june,so i wonder of what happen of the digital currency now?but in other place i thinks positve that  maybe this is there ways to control those ICO who make only scam or ponzi to the other right group of platforn developer,and this they called banned of facebook ,twitter  and google advertisement is not a banned but least controlling the Scam ICO and phishing site that manipulate the world of cryptocurrency.
full member
Activity: 307
Merit: 102
I'm very worried that more and more websites are beginning to block advertising cryptocurrency. I hope that this trend will not last long.
member
Activity: 462
Merit: 10
I do not pay attention to it, I continue to post it as before. which I wish to all)
member
Activity: 168
Merit: 10
I think this might be good in some ways. People coming from facebook joins crypto community in hopes to get profits but most of them ended up being scammed by some of local facebook ads. I think this would help ease those scamming activities because advertising in facebook was quite easy.
full member
Activity: 453
Merit: 100
Despite the fact that Facebook bans all the ads in the social network, I still find the bounty campaigns that is conducted on Facebook
member
Activity: 364
Merit: 10
I think that Facebook has forbidden the advertising of cryptocurrency because of the large number of scams and swindlers among those projects that are advertised
member
Activity: 378
Merit: 17
I read about the fact that Facebook will have to pay 50 million users for 20 thousand dollars for data leaks, so I do not think that the company generally can withstands it.
hero member
Activity: 1148
Merit: 523
CryptoTalk.Org - Get Paid for every Post!
I do think that Facebook has much bigger problems compared to those brought by cryptocurrency ads.
https://www.csoonline.com/article/3263709/security/facebook-security-chief-alex-stamos-reportedly-planning-to-leave.html
So good I am not on Facebook and I couldn't care less about the above. IMHO they could go bankrupt right now.
Remember you are the product on Facebook

Facebook has become a part of every people life now. We cannot separate it from the every city people as I know. I have other person replied here states that positive information about the ICO and cryptos have not been stopped in using it.
If there information we can bump the thread, I do not think there any necessary to talk about the facebook and cryptos in one hand.
member
Activity: 231
Merit: 10
Facebook is banning all ads that promote cryptocurrencies, including bitcoin, in an effort to prevent people from advertising what the company is calling “financial products and services frequently associated with misleading or deceptive promotional practices.”

That means no advertiser — even those that operate legal, legitimate businesses — will be able to promote things like bitcoin and other cryptocurrencies, initial coin offerings — ICOs for short — or binary options, according to a Facebook blog post.

https://www.recode.net/2018/1/30/16950926/facebook-mark-zuckerberg-bans-crypto-advertising-bitcoin-james-altucher
Posting and comments is permitted in Facebook. I see lots of post as advertisement but they are not banned. Maybe they are referring to paid advertisement that they handle. For me it is a good move to avoid scam ICO that is rampant in the industry.
legendary
Activity: 1316
Merit: 1481
I do think that Facebook has much bigger problems compared to those brought by cryptocurrency ads.
https://www.csoonline.com/article/3263709/security/facebook-security-chief-alex-stamos-reportedly-planning-to-leave.html
So good I am not on Facebook and I couldn't care less about the above. IMHO they could go bankrupt right now.
Remember you are the product on Facebook
full member
Activity: 854
Merit: 104
In my opinion, this is due to the fact that a lot of ICOs that people advertised were fraud and people complained, so now they will filter out the advertising of various projects
I, too, do not see anything wrong with this. There is a fight against fraud on Facebook, since fraud has now become a very big problem for people. In addition, I think that effective methods are being developed to combat fraud and these restrictions will still change for a positive result. Therefore, it is too early to panic yet. There is a normal process of regulation, because complete anarchy in the crypto currency is beneficial only to scammers.
newbie
Activity: 118
Merit: 0
Facebook is banning all ads that promote cryptocurrencies, including bitcoin, in an effort to prevent people from advertising what the company is calling “financial products and services frequently associated with misleading or deceptive promotional practices.”

That means no advertiser — even those that operate legal, legitimate businesses — will be able to promote things like bitcoin and other cryptocurrencies, initial coin offerings — ICOs for short — or binary options, according to a Facebook blog post.

https://www.recode.net/2018/1/30/16950926/facebook-mark-zuckerberg-bans-crypto-advertising-bitcoin-james-altucher
GREAT!!!

MY eyes hurt from seeing these scams....
newbie
Activity: 210
Merit: 0
And in two weeks, it will be Twitter. Who cares anyway?
member
Activity: 826
Merit: 11
I hope this is just a rumor and that it is not true because it will really affect the advertisement of the entire cryptoworld and all the bounty hunter as well since facebook is a very huge market place for any business or any venture.
newbie
Activity: 140
Merit: 0
I think if facebook ban the advertise for bitcoin in that platform, we still can advertise by ourself with join the bounty campaign in facebook with post that we make so we can spread the positive benefit that cryptocurrency will give to us
member
Activity: 246
Merit: 10
Not quite correct really, they're banning all attempts to give any info about an ICO but they're not touching the informational resources that are just posting news or articles.
newbie
Activity: 96
Merit: 0
That is a bad news with the crypto community, but anyway it is true that so many ico that advertising companies carry all the fraudulent, I think it takes time to prove and then hope that fb , as well as other media will have a more open look at crypto
full member
Activity: 322
Merit: 101
Well, there is still no such tight prohibition, I see people are still advertising everything connected with ISO. I THINK ONLY after a while they will finish it and improve it
full member
Activity: 504
Merit: 103
I didnt really see this happening. I can still see some accounts adverstising crypto everyday. And how does this banning works? If wee share or repost something from and ICO page (like for the Facebook Campaign), is it included in the ban? Because all my posts about crypto is still present.
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