Topic: Facebook shares fall -5% after banning Bitcoin - page 2. (Read 519 times)
Many crptocurrency websites are using facebook to advertise them by ICO campaign programs and millions of ads are posted on facebook but if facebook change its advertisement policy against bitcoin then this policy will applied same on other website and shares will definitely fall.
This should serves as a strong warning notice to social media that operates ads that crypto is not something they can joke with. crypto went really deep red after that followed by the Google ban. I don't think this loss for Facebook won't be that much major for them. The idea that Facebook, when it comes to marketing, has the large space for new and different people to market their products, not just cryptocurrency. I don't think that Facebook will even revert their decision on the banning of it, unless cryptocurrencies went into more adoption. When they revert their actions from and I am still doubting that it could majorly raise their shares in the market that much since Facebook aren't really the one that you could rely on major marketing strategy due to its massive space for marketers.
Basically ico coin sales some depends successful ico Facebook adds, because many ico investor received ico news Facebook, twitter and others. So Facebook need to ico coin sales increase and Cryptocurrency market relies lot of news.
in my opinion, perhaps the reason for the decline in facebook shares is not just caused by banning Bitcoin, almost of companies get the same, this may be due to the weakening world economic situation.
Now when they are not eligible to advertise on them they are crazy and the flow of money may have stopped completely for Facebook. Not only this, I am also sure that google will also see dramatic motion on their earnings if they start banned bitcoin ads. I do not think that this loss for Facebook will not be much for them. I do not think Facebook will even revert their decision on its ban unless electronic money goes into more acceptance. However, the benefits will still be transferred to Facebook no matter what.
This might be a protest of crypto inventors who owns facebook stock
Their shares not only decrease but their profits also goes down. All the money from ads that facebook earns from ICO project is not small. But whatever, ICO will come back on facebook some days
Sorry dude but need to moving on forget it thats old news Facebook are turning back again in the crypto and facebook in the latest news after banning made own coins.
It was not due to banning of bitcoin but due to other issues.But it whatever the reason may be,facebook has decided to reverse its ban on crypto ads so as to capture the lucrative market.Now they have decided to allow the crypto ads based on the license of crypto project owners.
Their shares not only decrease but their profits also goes down. All the money from ads that facebook earns from ICO project is not small. But whatever, ICO will come back on facebook some days
it is a bad to know that after all facebook banning bitcoin ads and i think facebook cannot trust the bitcoin that's why facebook banning it. we shoud spread tp the people that they not know what is bitcoin. bitcoin need more invest to reach the goal or i think they reach the goal already. i think it cannot affected the share's of facebook they gaining income in the future facebook will invest in the bitcoin im thinking in that point.
Actually, it fell because of possible data mis-use and it was a bearish day. The dow/nasdaq/snp500 were strongly negative. This is due to possible interest rates rise really soon and possible 4 rate hikes this year which some people consider too much. There is fear that rates being hiked too fast can lead to a recession.
We cannot get profits on Facebook that's why they banned bitcoin as our purposes here is to have some other income for a better family life less of financial needs become no credits bitcoin is supportive in most important human needs.
My friends have used Facebook as a means of advertising to sell cats and even this is not allowed anymore. I understand the need to "manage" the situation, but the ban is a bit too engraved. severe. Lolz! It can have a big impact because we know very well how many encryption projects (ICO's) spend millions of dollars on encrypted ads running on Facebook and other social media platforms. So, creating all the chaos into Facebook stock and is the reason for its downfall.
It affected many entrepreneur too. Also sharing a link several times to friends and family even on chat is not permitted. There is an error message. Facebook becomes very strict especially to spamming, but for some important info they should be complacent.
My friends have used Facebook as a means of advertising to sell cats and even this is not allowed anymore. I understand the need to "manage" the situation, but the ban is a bit too engraved. severe. Lolz! It can have a big impact because we know very well how many encryption projects (ICO's) spend millions of dollars on encrypted ads running on Facebook and other social media platforms. So, creating all the chaos into Facebook stock and is the reason for its downfall.
I believe 95% of facebook users are business owners and 70% are online business owners while 50% of the online users are into cryptocurrency. If I can not share my business links then I will share nothing. Because that's worth mostly brings me online, to share and connect with friends and family.
It seems to me that the drop in the share price of facebook is not connected with the crypto currency. But even if it really happened because of the ban on advertising crypto currency, then soon these bans will be lifted and facebook will restore its positions. There is no reason for excitement.
This would be normal as facebook get revenue from ads, and banning cryptocurrencies in facebook will decrease their revenue. I think this was their solution to the scam ICOs flooding facebook.
I think that is the price that facebook have to pay because they have given the wrong law for bitcoin
facebook banned cyrpto related ads. not bitcoin.and did this because of some scam ICOs.
Trust me or don't but it is the result of a traditional centralised system where anyone can manipulate the process. On the other hand, in a decentralized system, there is an equal amount of information accessible for everyone so we can avoid such incidents in the future. That's the reason why even the governments around the world are willing to adopt blockchain technology in multiple sectors.
Did facebook lose 25% of its users ?
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