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Topic: Facebook Restores Coinbase Advertisements On Platform (Read 420 times)

newbie
Activity: 30
Merit: 0
It will bring significant profits, especially it may be good news for this market, it could bring some more customers to Coinbase and other exchanges advertising on Facebook. But these people - in my opinion - will find Bitcoin at some point.
member
Activity: 378
Merit: 11
This a good news for every bounty hunters who joined the fb campaign of an ico. This will really help in promoting a project because facebook has so many users.
member
Activity: 420
Merit: 10
The possibility of Facebook preventing irresponsible people from distributing financial products and services whose credibility is questioned as happened on one of Google's video-based social media platforms, YouTube, also accepts allegations that the platform is a 'field' for those who want to mine cryptocurrency through advertisements containing malware.
jr. member
Activity: 83
Merit: 1
Facebook took a stand against cryptocurrency ads because people were falling for scams. However, recently they allowed Coinbase as they are a legal and registered company. This incident may open the door for other legit companies to post their ads and promote their services from now on but I don't think this will have any significant impact on Bitcoin.
newbie
Activity: 224
Merit: 0
Not all the time you can react on that. I think there is a big reason why they banned bitcoin. Since it is just a coinbase,facebook cant earn a lot from bitcoin. They cant detect the things that they want. This facebook is controlled by government a lot. And government is against btc.
newbie
Activity: 56
Merit: 0
People were advertising scam on Facebook which is why Facebook took a stand and banned all the crypto based ads. However, They are allowing Coinbase because it is legal and registered so there is no chance for them to post fake advertisements. However, this will have very little impact on the community, at best, the community might grow a bit.
newbie
Activity: 66
Merit: 0
Having this ad back running back on the social media platform is a bug deal, given millions of people are using it everyday on a regular basis. Getting exposure to this huge market will generate in a lot of investors.
full member
Activity: 406
Merit: 100
It's good that Facebook controls advertising and protects its users from scams, but the advertising of serious partners has always been and will be on the FB
newbie
Activity: 110
Merit: 0
This is old news though. But then again it is a good thing for those who did not know. Having social media platforms to advertise the crypto will be a good thing for those who have the potential but are unfamiliar with it.
sr. member
Activity: 2436
Merit: 272
Eloncoin.org - Mars, here we come!
Former JP Morgan Executive Says Banks Know Cryptocurrency Can Change The World; Costa Rica Workers Can Be Legally Paid In Cryptocurrency

According to Ethereum World News, Facebook has decided to allow a few specific cryptocurrency-related advertisements run on the platform. This is a few months after Facebook announced that they would ban all cryptocurrency-related ads. One of the cryptocurrency-related companies allowed to advertise on Facebook is Coinbase.

The CEO of Coinbase, Brian Armstrong, announced the decision in a tweet a few hours ago. He stated:

Facebook banned ads for crypto earlier this year. Proud to say we’ve now been whitelisted and are back introducing more people to an open financial system.

Will this bring a positive impact on bitcoin and bitcoin prices going forward?
There are many crypto related ads still showing in the facebook even they announced that they are banning all the ads from their platform,so it is no wonder that they are allowing a properly regulated crypto exchange to post their ads in their platform,maybe they changed their rules and stop only the ICO advertisements I think.
full member
Activity: 2408
Merit: 213
★Bitvest.io★ Play Plinko or Invest!
Former JP Morgan Executive Says Banks Know Cryptocurrency Can Change The World; Costa Rica Workers Can Be Legally Paid In Cryptocurrency

According to Ethereum World News, Facebook has decided to allow a few specific cryptocurrency-related advertisements run on the platform. This is a few months after Facebook announced that they would ban all cryptocurrency-related ads. One of the cryptocurrency-related companies allowed to advertise on Facebook is Coinbase.

The CEO of Coinbase, Brian Armstrong, announced the decision in a tweet a few hours ago. He stated:

Facebook banned ads for crypto earlier this year. Proud to say we’ve now been whitelisted and are back introducing more people to an open financial system.

Will this bring a positive impact on bitcoin and bitcoin prices going forward?

Og great happy to heard that's good news and congrat for coinbase team because they convince facebook to advertise their plaform in the site after facebook ban all cryptocurrency related ads.
I believe  facebook management and coinbase management agreement become successful, coinbase is most trusted and pioneer platform in the cryptocurrency hoping in this way help to pump the price of the cryptocurrency in the coinmarketcap.
member
Activity: 322
Merit: 12
Coinbase is a respectable trading platform/exchange. Because they are involves in trading cryptocurrencies with bitcoin dominating, the news about Facebook restoring their ads adds some positive feelings to new investors to invest in bitcoin.
sr. member
Activity: 798
Merit: 251
Small Trader
Good news. I'm sure Facebook also thinks that banned ads will not be useful, because many people make status or post about coinbase and especially about cryptocurrency.
Just as we closed the leak, then another leak appeared.
newbie
Activity: 56
Merit: 0
I think unbanning the advertisements of coinbase will bring a positive impact in the market. Through Facebook, more people will be able to know about Bitcoin. As a result, more people will be eventually interested to invest in Bitcoin. Let's see what happens.
Yoo
full member
Activity: 574
Merit: 102
This is very good news. Of course this has a positive impact on bitcoin and bitcoin prices going forward.
Yes. . with news like this it will be many people who will use bitcoin and more investors to invest in bitcoin.
so I'm sure with the positive news the bitcoin price going to the moon.
newbie
Activity: 34
Merit: 0
facebook have lost over 3 millions of users in the last 3 months . they know that crypto currencies are here to stay and are looking for new ways of increasing revenue. I mean there is even rumour that Facebook are launching their own crypto currency
Blockchain enthusiasts see the technology as a way for Facebook to address and solve many of the recent problems it has faced concerning people’s privacy. The tech giant revealed last month that the personal data of up to 87 million of its users was exploited and compromised by “malicious actors.”
full member
Activity: 378
Merit: 102
Not entirely enough to affect the price in a bullish way though but good news for wide scale adoption. More publicity would instill reassurance to the public that bitcoin and other cryptocurrencies are not bad and not frowned upon.
full member
Activity: 266
Merit: 100
This is very good news. I probably will publish such news at myself on the website. As for facebook's Decision, this is a very correct position. Coinbase is a serious law firm that can give guarantees for its services and storage of cryptocurrencies. Therefore, there is no fraud.
member
Activity: 333
Merit: 10
Lifestyle & Wellness Platform
As far as I think Coinbase is a big and trusted company, Coinbase ads on Facebook will not affect Facebook users. Previously, Facebook banned the ICO because at that time there were many ICO projects is a scam
member
Activity: 294
Merit: 10
Former JP Morgan Executive Says Banks Know Cryptocurrency Can Change The World; Costa Rica Workers Can Be Legally Paid In Cryptocurrency

According to Ethereum World News, Facebook has decided to allow a few specific cryptocurrency-related advertisements run on the platform. This is a few months after Facebook announced that they would ban all cryptocurrency-related ads. One of the cryptocurrency-related companies allowed to advertise on Facebook is Coinbase.

The CEO of Coinbase, Brian Armstrong, announced the decision in a tweet a few hours ago. He stated:

Facebook banned ads for crypto earlier this year. Proud to say we’ve now been whitelisted and are back introducing more people to an open financial system.

Will this bring a positive impact on bitcoin and bitcoin prices going forward?
It is awesome and we need to support that with all that we have, reading and knowledge about positiveness of cryptocurrency is a key to have a general and overall success of it. It is my opinion.
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