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Topic: Facebook Reverses Cryptocurrency Ad Ban Amidst Rumors of a Coinbase Acquisition (Read 227 times)

newbie
Activity: 77
Merit: 0
It's really good news for crypto world because they already accepted the ads but few days ago they banned this currency but based on their some security purpose but now they open this currency for ads also many people can know about this coins also many investors will be increase soon.
newbie
Activity: 63
Merit: 0
Gday all Smiley

From BitCoin Magazine :
https://bitcoinmagazine.com/articles/facebook-reverses-cryptocurrency-ad-ban-amidst-rumors-coinbase-acquisition/

Facebook has reversed its blanket ban on cryptocurrency ads and will now allow pre-approved crypto businesses to advertise. However, ICOs and binary options will still be prohibited from the platform.

In a published blog post, Facebook Product Management Director Rob Leathern said the company has refined the policy and will now "allow ads that promote cryptocurrency and related content from pre-approved advertisers."...


Probably good news for BTC

Kapyong




I have heard this news a couple of times already but it’s still a great news to be repeated. Good thing a topic has been raised here for this so I can express my happiness. It really is a great boost for bitcoin and other cryptocurrency as facebook reverses ad ban on cryptocurrency.
jr. member
Activity: 162
Merit: 1
At the first price Facebook never announce formal announcement for the banning of ads and everything... Actually sometime it's the community rules that blocks your FB post....
newbie
Activity: 73
Merit: 0
the uplift of ban on the ad of cryptocurrency on the mentioned social media is a good news indeed for the investors. This also indicates a high possibility of attracting new and potential investors in the market and will be able to bring an upward slope to give the price a rise.
newbie
Activity: 86
Merit: 0
I think that's a great news. As Facebook unbanned the ads of cryptocurrency, so they will be more exposure of cryptocurrency. More people will be interested to invest on cryptos.
member
Activity: 280
Merit: 10
This is great news.  Hopefully the other big corporations google and twitter will also remove the advertising ban with cryptocurrency and bitcoin in the future.
newbie
Activity: 34
Merit: 0
But this news didn't impact the prices of Bitcoin much. As according to a survey less than two percent traffic is generated by social sites.
newbie
Activity: 391
Merit: 0
Such a matter of joy that the product management director of facebook Mr. Rob Leathern has declared that from now on facebook will allow ads that promotes the cryptocurrency and also those contents which are co-related.
newbie
Activity: 69
Merit: 0
Good news. All this strengthens the trust in cryptocurrencies. Maybe they want to make their own cryptocurrency on Facebook? what do you think?
newbie
Activity: 238
Merit: 0
Recently the market of cryptocurrency is facing a dip as the high demand has increased the prices discouraging investors to invest. But with proper marketing plan it can be fixed. If properly promoted on social media more people will know, new investors will invest in the market and the flow of the coins will be back to normal.
newbie
Activity: 47
Merit: 0
I heard the news before. Nowadays facebook is a word most popular social networking site. For this reason many people are using this site. If facebook accept cryptos ads then people will know more about this market and influence to invest on this market.
full member
Activity: 308
Merit: 119
Gday all Smiley

From BitCoin Magazine :
https://bitcoinmagazine.com/articles/facebook-reverses-cryptocurrency-ad-ban-amidst-rumors-coinbase-acquisition/

Facebook has reversed its blanket ban on cryptocurrency ads and will now allow pre-approved crypto businesses to advertise. However, ICOs and binary options will still be prohibited from the platform.

In a published blog post, Facebook Product Management Director Rob Leathern said the company has refined the policy and will now "allow ads that promote cryptocurrency and related content from pre-approved advertisers."...


Probably good news for BTC

Kapyong

That's nothing tbh . Facebook ads are all New ICO's and scams getting spammed . That's only ruining the image of bitcoin not helping it grow. The price surged today because of the coinbase  news and nothing to do with facebook. Infact i hoped they kept it banned.
newbie
Activity: 5
Merit: 0
Of course it is a good news for bitcoin. Although Facebook is not as influential as it used to be but there are still a lot of people using it. People will get to know more about Bitcoin through social medias.
newbie
Activity: 112
Merit: 0
Yes certainly a good news. Facebook is one of the most popular social sites. I think if we can place our crypto ads in facebook then we can expect to restore people's trust on this.
newbie
Activity: 224
Merit: 0
if facebook ban cryptocurrency or not many rumors are spread everyday regarding this issue, in this topic my advice will be wait until the authorities announce anything officially, and of course we all hope they removed the ban over it.
sr. member
Activity: 565
Merit: 268
Remember who u are, what u are & who you represent
This is the kind of news we are all waiting for, big big companies joining the blockchain revolution. Bitcoin and everything else is going to pump, the start of the bull run is close!
This news is 6 days old. To think Facebook reversing their ruling on cryptocurrency advertisements can have an impact on the market is a foolish thought. People who are holding, selling, daily trading Bitcoin or other cryptocurrencies do not follow what social sites are doing to cryptocurrency. Some new comers and weak hand might be affected but otherwise it's just not something that has big impact on Bitcoin.
newbie
Activity: 210
Merit: 0
That's cool! I hope this create a positive impression in the market. As Facebook is a giant
copper member
Activity: 364
Merit: 4
This is the kind of news we are all waiting for, big big companies joining the blockchain revolution. Bitcoin and everything else is going to pump, the start of the bull run is close!
full member
Activity: 518
Merit: 101
Facebook has banned ICOs and cryptocurrency advertisement from their platform back in January.

The recent news coming that the Facebook will reverse its ICO and cryptocurrency ban and the company will now allow some preapproved advertisers to promote crypto businesses and services like exchanges.

Facebook seems interested and initiated to think the crypto craze is at least somewhat legit. The company started its own internal blockchain team earlier this year
(Source: https://www.recode.net/2018/5/8/17329696/facebook-blockchain-crypocurrency-david-marcus-crypto-messenger-app)  to explore the technology that is being used as the foundation for all cryptocurrencies.

newbie
Activity: 210
Merit: 0
Yes it is a good news for the whole industry. I guess, promotion of crypto will grow up more that will surely raise the acceptance of crypto in common people. Thus there is a huge opportunity of growing this sector.
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