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Topic: Facebook removes/Unbans Bitcoin & Cryptocurrency Ads - page 13. (Read 2106 times)

jr. member
Activity: 448
Merit: 1
Yeah right I have heard and see for myself this news, I think this is good news, because Bitcoin has allowed back Bitcoin Ads and Cryptocurrency on Facebook. may Bitcoin and Cryptocurrency grow over time, and the value will be higher.
member
Activity: 266
Merit: 32
That was already going to happen because there are lots of advertisers if facebook does not allow them in its platforms then they lose the money, also not all ads are scam.

Bitcoin and facebook are famous for scammers, criminals, terrorists, criminals, cyber criminals and illegal activities.

Facebook is the most dangerous website on the internet.
legendary
Activity: 1232
Merit: 1091
Money. Money. Money.

If you as Facebook solely depend on ad revenue, you can't just blatantly start prohibiting certain industries in their entirety from advertising on your platform. It's stupid and is basically a sign that you are forcing through rules based on political reasons rather than actual reasons meant to cut off potential scams. It's good to see that they softened up their ad policies regarding crypto, but it won't do much. Crypto didn't suffer when it wasn't allowed to advertise, and certainly won't experience any gains now they can somewhat advertise again. I'm glad that Bitcoin isn't a company or an organization -- we don't need to advertise to be seen or known....
legendary
Activity: 2576
Merit: 1655
After a long wait, Facebook finally changed his mind to Unbans Crypto Ads. Honestly "banned or not" Facebook has contributed to the worsening of crypto development, as well as break the interest of other bitcoin/crypto investors/users, especially the developers. Because since the "banning issue" came into existence in January 2018, it has lowered public interest in cryptocurrency as a whole and is prolonged (almost six months), 'no doubt' this condition has undermined other bitcoin/crypto value.

Facebook and other social media banning crypto ads but its not the only reason why the market suffers, and I think that the effect is just minimal as compare to regulations and government banning. As for the unbanning of Facebook, will take it as welcoming news indeed. But advertisers or ICO project must still undergo scrutiny and needed to submit their applications before Facebook giving them access to promote their ads. I don't think that Facebook made a mistake, but they see huge revenues coming from crypto ads that made them change their minds.
copper member
Activity: 56
Merit: 7
global marketer and strategist
Any news of "reversal of crypto bans" is good PR for the space. Few will read the details and learn this does not mean "come advertise your scammy ICO on Facebook".
Hopefully the approved advertisers won't screw it up.
https://www.recode.net/2018/6/26/17505876/facebook-cryptocurrency-ads-bitcoin-ico-ban-reversed
full member
Activity: 406
Merit: 100
BAILOUT
That was already going to happen because there are lots of advertisers if facebook does not allow them in its platforms then they lose the money, also not all ads are scam.
sr. member
Activity: 532
Merit: 255
After a long wait, Facebook finally changed his mind to Unbans Crypto Ads. Honestly "banned or not" Facebook has contributed to the worsening of crypto development, as well as break the interest of other bitcoin/crypto investors/users, especially the developers. Because since the "banning issue" came into existence in January 2018, it has lowered public interest in cryptocurrency as a whole and is prolonged (almost six months), 'no doubt' this condition has undermined other bitcoin/crypto value.
sr. member
Activity: 728
Merit: 275
Just what I was saying had to happen, now happens. There was no need for a blanket ban, but they just did it, because they

were not ready to deal with the processing of all these applications. I am just glad they saw the error in their ways and made

the correct decision to unban Crypto currency advertisements. They should really consider looking into allowing some ICOs

too, because there are MANY legitimate ICOs out there, that deserve the exposure. I reckon the SEC's position on ICOs

sealed their fate.  Angry
this is one viewpoint and is correct in its sense. But the other viewpoint held by many others is that advertisement ban was right because advertisements on social media platforms advocated and gave boost to the scammers who used these platforms to publicize their wrong means of scamming innocent people.

It was a highly predicted news. Facebook prefers the public demand. And crypto is a very hot cake in recent time. I hope and believe that they will also now promote and invent some thing that will be popular in next days. We already know that Facebook is analyzing the blockchain technology and probably something new is knocking our door.
And hopefully that new evolution does something great to the mankind and is for its betterment!!
jr. member
Activity: 142
Merit: 1
It was a highly predicted news. Facebook prefers the public demand. And crypto is a very hot cake in recent time. I hope and believe that they will also now promote and invent some thing that will be popular in next days. We already know that Facebook is analyzing the blockchain technology and probably something new is knocking our door.
sr. member
Activity: 658
Merit: 253
At last they began to realize that they had made a mistake! I think it was a real stupidity and discrimination!!! They simply did not want to advertise competitors for their tycoon sponsors, but the public was stronger.
member
Activity: 378
Merit: 10
Facebook does not want to lose its traffic to people! Facebook does not want people to go to other sites! Facebook is not against bitcoin and the whole system, facebook vs. new scam projects! Now a lot of people are suffering because of the loss of money, that people do not understand and little educated people are investing their money in bad projects! the more facebook understands what money and what kind of advertising passes through its social network! they want to advertise themselves worthy projects and earn good money on it!
member
Activity: 308
Merit: 15
Actually facebook is careful in putting ads of cryptocurrency and they are only targetting a country wherein crytpocurreny is being embraced or accepted. So for those country who are not accepting cryptocurrency they ban the ads there so that facebook will not going to violate the rulings of that country. Well if facebook cryptocurrency ads is being introduces and unban meaning your country has already embrace cryptocurrency.
newbie
Activity: 32
Merit: 0
This is great. It would be really stupid to ban everybody involved in Crypto like educators or news websites. In high probability, Google will follow Facebook with this step.
full member
Activity: 854
Merit: 100
SportsIcon - Connect With Your Sports Heroes
I think this will be good news, updating policy to allow ads that promote cryptocurrency to be a good step and crypto ads can provide many profit for facebook.
legendary
Activity: 1904
Merit: 1074
Just what I was saying had to happen, now happens. There was no need for a blanket ban, but they just did it, because they

were not ready to deal with the processing of all these applications. I am just glad they saw the error in their ways and made

the correct decision to unban Crypto currency advertisements. They should really consider looking into allowing some ICOs

too, because there are MANY legitimate ICOs out there, that deserve the exposure. I reckon the SEC's position on ICOs

sealed their fate.  Angry
member
Activity: 266
Merit: 32
Facebook is lifting its ban on cryptocurrency ads which went into effect in January. After months of evaluation, the company decided to allow some crypto ads on its platform. Advertisers must submit a request form with details of their businesses and the types of crypto content to be promoted.

Starting June 26, we’ll be updating our policy to allow ads that promote cryptocurrency and related content from pre-approved advertisers. But we’ll continue to prohibit ads that promote binary options and initial coin offerings.

https://news.bitcoin.com
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