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Topic: Facebook Rolling Back Ads On Crypto's...Is This Good Or Bad? (Read 12467 times)

member
Activity: 742
Merit: 12
If this really happens, then it's hugely good news for the whole crypto community. facebook has a large number of audience who never heard of crypto, so, this brings the opportunity to create mass awareness about blockchain, Bitcoin etc. Of course this will help mass adoption positively.
sr. member
Activity: 980
Merit: 261
It will help somehow about the publicity of a project but it also can create a huge group of people to be scammed because the market of facebook is too broad, many people can be aware and can invest thru the ads from facebook.
sr. member
Activity: 1078
Merit: 256
Advertising - as you know, is the engine of modern growth. This is a good sign that Facebook stops being among the lagging ones, Mark Zuckerberg understands the prospects for the development of the cryptocurrency sphere.
He understand the potential value of this industry so he's taking the step to make sure that his business will not be left behind, this action will
give more opportunities to those serious projects to get more interest from the wide social media, bring new investors to their projects and gain
success with the helps of FB ads.
full member
Activity: 1382
Merit: 105
Facebook take a good decision , it will help to ICO's and companies to boost their campaign of through ads and it will also help crypto market to boosts prices.
hero member
Activity: 1460
Merit: 573
 Advertising - as you know, is the engine of modern growth. This is a good sign that Facebook stops being among the lagging ones, Mark Zuckerberg understands the prospects for the development of the cryptocurrency sphere.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
If the facebook back again crypto ads I think it will be big help to the community of the cryptocurrency because it can help to the community because maybe facebook user will invest once they see the ads. Maybe because they want to turn back the ads because they will create their own coins so it means now they are supporting cryptocurrency and they will not banned again crypto ads?
Well, from what I read on facebook official website, that is not really the case, they said they are making the policy light and you will not need pre-approval in order to run Crypto ads in facebook, but they never said that we can now run this ads freely, in short there are still some restrictions placed like trying to run ads for initial coin offering and other kind of crowd fundings, I don't see this as a good news for Crypto in any way, though it's not a bad news too.

I am agree that this not take a big effect to cryptomarket and not affecting to ICOs too. I dont think this policy is because facebook want to launch their own cryptocurrency because their rules should be applied to others too for fairness
Exactly this policy of Facebook is not because they are looking forward to launching a coin but purely for money making purposes. They had stopped it couple of year ago and are now starting it again but I think if they started advertising crypto coins, they should make sure they do not advertise a scam projects. They would have to go through the projects before advertising them otherwise the users could be scammed.
sr. member
Activity: 938
Merit: 250
I think facebook is involved in the disclosure of personal information which greatly affects it. Now that they develop the coin facebook I think there will be a lot of problems
do not make comments in advance if the information is not really valid. is there any proof if Facebook really returns crypto ads. Of course Facebook needs time for that and they will definitely make a comparison whether there will be a lot of problems or even run smoothly.
jr. member
Activity: 224
Merit: 1
I think facebook is involved in the disclosure of personal information which greatly affects it. Now that they develop the coin facebook I think there will be a lot of problems
newbie
Activity: 37
Merit: 0
Facebook's adjustments to its policy regarding blockchain and crypto related ads would be a huge help in the mass adoption of these technologies. News, infographics, and other related promotional materials can be posted in the social networking platform without prior approval. This could positively contribute in disseminating information to the public and make them understand more about these innovation. Careful though, ICO ads are still a no-no.
full member
Activity: 952
Merit: 110
Well I was expecting this afteall ,many crypto promoters are blaming Facebook for trying to launch there coin and removing other coins or tokens ads which its really not fair ,I guess they've learned
hero member
Activity: 1148
Merit: 527
So it looks like Facebook is once again changing their policies on crypto currencies (https://tipestry.com/topics/5cd562f5d774147570d8c561/facebook-rolls-back-its-policy-barring-cryptocurrency-ads). Is this good or bad for the community? I think in a way, it's good because it will shed light on garbage projects and bring investors to ones that actually deserve investments. What do you guys think?
It is good. Facebook is the largest social media network and by allowing the crypto ads on their platform, the crypto community will be able to send out ads and create more awareness about Cryptocurrency. So this is really a good thing and shows that cryptocurrency is doing just well.

Though from what I learnt before, the reason they stopped every ads that has to do with crypto was because of scammers and they didn't just stop crypto ads they stopped everything that has to do with binary trading as well. But now they have setup new rules for such and have also started to allow all of them to place ads on their site.
hero member
Activity: 854
Merit: 500
Stake & Vote or Become a IoTeX Delegate!
So it looks like Facebook is once again changing their policies on crypto currencies (https://tipestry.com/topics/5cd562f5d774147570d8c561/facebook-rolls-back-its-policy-barring-cryptocurrency-ads). Is this good or bad for the community? I think in a way, it's good because it will shed light on garbage projects and bring investors to ones that actually deserve investments. What do you guys think?
It has both good and bad effects in crypto but, the mere point of it is to more promote cryptocurrencies while they are working on their own platform or coin. The bad thing there is mamy will take that chance to promote their scam business and fraudulent works which is an easy bait in particular to the new people in cryptocurrency.
sr. member
Activity: 1330
Merit: 289
It's a very good update because some dope crypto projects will have more outreach through facebook ads. The more people get to know about crypto, the closer it becomes to mainstream adoption. Initially when facebook placed a ban on crypto ads, it led to massive dump of the market, that is when we had too many weak hands shaken by Lil FUD. Right now everything is falling in place for crypto, it's a good sign.
legendary
Activity: 2380
Merit: 1150
If the facebook back again crypto ads I think it will be big help to the community of the cryptocurrency because it can help to the community because maybe facebook user will invest once they see the ads. Maybe because they want to turn back the ads because they will create their own coins so it means now they are supporting cryptocurrency and they will not banned again crypto ads?
Well, from what I read on facebook official website, that is not really the case, they said they are making the policy light and you will not need pre-approval in order to run Crypto ads in facebook, but they never said that we can now run this ads freely, in short there are still some restrictions placed like trying to run ads for initial coin offering and other kind of crowd fundings, I don't see this as a good news for Crypto in any way, though it's not a bad news too.
This is where they start from till they remove the ban completely, we all know their interest in crypto already, which they will also be rolling their soon, so they have no choice than to make adjustment to their policies, and whatever adjustment they are making, will also be a gradual process.

Imagine that they come out now to really say they are lifting the ban completely, it will be so obvious that they did so because of their own interest now, but they have to start slowly until you no longer see any ban. Anyway, that is not what we should bother about, the fact they are considering adopting cryptocurrency is great news on its own.
full member
Activity: 1358
Merit: 100
If this news is true then this can help to recover the market, but I'm afraid that scam projects will rise.
legendary
Activity: 1288
Merit: 1036
So it looks like Facebook is once again changing their policies on crypto currencies (https://tipestry.com/topics/5cd562f5d774147570d8c561/facebook-rolls-back-its-policy-barring-cryptocurrency-ads). Is this good or bad for the community? I think in a way, it's good because it will shed light on garbage projects and bring investors to ones that actually deserve investments. What do you guys think?

I think its good for crypto industry. Ads makes people know about cryptocurrency or new project and i think cryptocurrency can be an alternative investment. Cryptocurrency industry growing more bigger and i think facebook wont miss the opportunity to take advantages by put an ads on their platform
Their platform will really be very useful for companies to raise fund because that is where we have majority of people who are technology acquainted and we also have investors that are very rich on their platform, it will be another booster for the market capitalization as ICOs can now be shown easily to the public out there through their Platform.

We should be seeing so many campaigns now in bitcointalk, because their restriction has really limited so many companies from meeting their hardcap, other means of advertisement cannot not really make much impact as much as Facebook will do.
full member
Activity: 966
Merit: 111
By allowing crypto ads on Facebook it is certainly very good. Considering that there are very many Facebook users in the world. That means the impact will be even better. Maybe with crypto ads on Facebook, people who don't know crypto will be interested in entering the crypto world. This is actually very good for spreading crypto with ads on Facebook.
member
Activity: 700
Merit: 10
If the facebook back again crypto ads I think it will be big help to the community of the cryptocurrency because it can help to the community because maybe facebook user will invest once they see the ads. Maybe because they want to turn back the ads because they will create their own coins so it means now they are supporting cryptocurrency and they will not banned again crypto ads?
Well, from what I read on facebook official website, that is not really the case, they said they are making the policy light and you will not need pre-approval in order to run Crypto ads in facebook, but they never said that we can now run this ads freely, in short there are still some restrictions placed like trying to run ads for initial coin offering and other kind of crowd fundings, I don't see this as a good news for Crypto in any way, though it's not a bad news too.

I am agree that this not take a big effect to cryptomarket and not affecting to ICOs too. I dont think this policy is because facebook want to launch their own cryptocurrency because their rules should be applied to others too for fairness
legendary
Activity: 2100
Merit: 1058
So it looks like Facebook is once again changing their policies on crypto currencies (https://tipestry.com/topics/5cd562f5d774147570d8c561/facebook-rolls-back-its-policy-barring-cryptocurrency-ads). Is this good or bad for the community? I think in a way, it's good because it will shed light on garbage projects and bring investors to ones that actually deserve investments. What do you guys think?
Well, they have no choice since they are also planning to introduce their own coin soon, how would they not allow it, I am beginning to sense a selfish interest in this their decision to adopt cryptocurrency, if they really liked cryptocurrency for its benefits to the community, why are they just adjusting their policy now?

Anyway, their decision to really use blockchain technology to manage their platform will really make many people in the world to become familiar with the cryptocurrency system and its benefits to them, now the adoption we have been hoping for is beginning to gradually happen sooner than we expected, all these good news could be the reason why crypto price is mooning.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
If the facebook back again crypto ads I think it will be big help to the community of the cryptocurrency because it can help to the community because maybe facebook user will invest once they see the ads. Maybe because they want to turn back the ads because they will create their own coins so it means now they are supporting cryptocurrency and they will not banned again crypto ads?
Well, from what I read on facebook official website, that is not really the case, they said they are making the policy light and you will not need pre-approval in order to run Crypto ads in facebook, but they never said that we can now run this ads freely, in short there are still some restrictions placed like trying to run ads for initial coin offering and other kind of crowd fundings, I don't see this as a good news for Crypto in any way, though it's not a bad news too.
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