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Topic: Facebook will prevent all activities related to bitcoin and other cryptos! (Read 249 times)

legendary
Activity: 2702
Merit: 4002
It's just an adjustment in the news to make the price fall (the real news " Facebook will prevent all ads Including all activities related to bitcoin and other cryptos!").(They said that this modification in the algorithm will not affect the ads)
facebook started to lose a lot because of the ads and now they give priority to the friend's (videos, news, images, ...etc).
You can post any news about Bitcoin and it’s content and no one will stop you.
full member
Activity: 816
Merit: 133
Facebook will prevent all activities related to bitcoin and other cryptocurrencies. Who will be the next, maybe Youtube?

Well, to be honest, I'm not shock when Facebook does it. The action of FB is good for its users that doesn't engage in Bitcoin, No more misleading ads or something, Since the Facebook's advertisement section is for sure filled up with Fraud or scam ICOs. Unlucky for the legit ones.

If worst comes to worst that all social media prevent or set a regulation in regards the advertisement of ICOs and/or Bitcoin in general, Then for sure its a huge disadvantage not only for the aspiring ICOs but also to us regular user.
member
Activity: 574
Merit: 11
There are rumors that Google can follow Facebook and also prohibit direct advertising of ICO/cryptocurrency projects in its advertising network. I can not say how much this information is true, but it's worth acknowledging that Facebook could give a signal to others
jr. member
Activity: 308
Merit: 5
Facebook will prevent all activities related to bitcoin and other cryptocurrencies. Who will be the next, maybe Youtube?

I do not think it will be related to all activities, it is just about ads. or  I am mistaken?
full member
Activity: 308
Merit: 100
Facebook will prevent all activities related to bitcoin and other cryptocurrencies. Who will be the next, maybe Youtube?
You are wrong facebook didnt said that they will prevent all cryptocurrency related activities in their platform. they just want to ban those cryptocurrency advertisements because most of them are scams that can reflect to the reputation of their social media platform. who is next? i dont know, but hopefully youtube also ban this scam ico advertisements. they are just plague in this cryptocurrency world. and only allow legit ones.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
I would definitely take this as a positive news since Facebook was being used by many scam and fraud ICOs to promote their coins. I myself saw some great advertisements from shit ICOs who were promoting their coins on the Facebook platform. By banning these advertisements Facebook has done a really good job since it will stop many investors from being scammed. Some might take it as a negative news and might send rumors regarding it but it is definitely not a bad news but a good one.
hero member
Activity: 774
Merit: 500
Look ARROUND!
In the short term, that does have a bad effect on Bitcoin prices, but in the long run this is not a big deal, and bitcoin has not been optimistic from the very beginning, coming along, now, experiencing Many times plunged, I believe the back will rise back
Facebook is probably doing this because the CEO wanted to build his own Digital Currency. He is all for regulation.
newbie
Activity: 25
Merit: 0
In the short term, that does have a bad effect on Bitcoin prices, but in the long run this is not a big deal, and bitcoin has not been optimistic from the very beginning, coming along, now, experiencing Many times plunged, I believe the back will rise back
sr. member
Activity: 728
Merit: 254
If facebook decides to ban cryptocurrency ads it at welcome development to me in as much the ban did not affect bounty hunters.
These ads sometimes could be very annoying, when they  pumping up from your facebook page.
Scammers usually use ads to promote their scam project and people believe on this project because they believe that facebook will not get itself involve with scam projects.

Google and twitter, instagram and YouTube is next
newbie
Activity: 64
Merit: 0
Youtube=Google 9a wonder that such a large group is not already on the spot
member
Activity: 182
Merit: 10
Yeah, they just want to make bitcoin seem something negative. I don't think it will last. They can not stop bitcoin. When everyone will have bitcoin they will be forced to accept it
sr. member
Activity: 658
Merit: 256
I find that there are too many scam advertisements about crypto in Facebook too. I will see at least 5 a day. Maybe it is better for Facebook to ban such advertisements to reduce negative impact to Bitcoin in the long run.
full member
Activity: 448
Merit: 110
2018 should be renamed the year of Heavily Regulated Crypto Ecosystem. Facebook's regulation on ad placements is just a tip of the iceberg, I expect other media platforms to follow suit by mid-2018. This should help cleanse the ecosystem of pointless ICOs like Prodeum, a project which involved labelling fruits and vegetables.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Facebook will prevent all activities related to bitcoin and other cryptocurrencies. Who will be the next, maybe Youtube?

This is no even FUD. This is a bag of lies drenched in s....

This is Facebook statment
https://www.facebook.com/business/news/new-ads-policy-improving-integrity-and-security-of-financial-product-and-services-ads

Nothing about "preventing all activities related to bitcoin".
Bitcoin and cryptos are not even mentioned.

People like you should really get banned for crap like this.

hopefully. then Google ads and all the rest of the major ones. we can finally get rid of all of them and with it all the FUD that comes with them.

I really want to get rid of those two annoying ads in gmail, they are always about ICO.
I use ublock but I just can't get rid of them without making a mess of my inbox.


This should help cleanse the ecosystem of pointless ICOs like Prodeum, a project which involved labelling fruits and vegetables.

Please tell me this is not real. Please!!!!
member
Activity: 196
Merit: 12
★Bitvest.io★ Play Plinko or Invest!
Facebook has not banned bitcoin and some cryptocurrencies.
It is simply banning the advertising of ICO, because there are a lot of fraudulent ICO projects now, so if we continue to provide the service of advertising for these ICO, then facebook may face legal problems.

This is true. I Dont think is a problem for us though. Most advertising ICO are scams and a danger to the community. However i do see the disadvantages. It is possible that some of them arent scams. Maybe one or two of them are doing legitimate technological innovations. It's just so hard to tell them apart now a days. But those people will just have to find other places to market themselves.
member
Activity: 147
Merit: 21
Facebook will prevent all activities related to bitcoin and other cryptocurrencies.

you misunderstood the news!
Facebook will no longer allow you to place any advertisements which involves ICOs and other cryptocurrencies.
you can still post things about bitcoin, etc on your profile or facebook page.

Quote
Who will be the next, maybe Youtube?
hopefully. then Google ads and all the rest of the major ones. we can finally get rid of all of them and with it all the FUD that comes with them.

Exactly what i understand. I think this is the right way of preventing scams and that kind of stuff.
full member
Activity: 476
Merit: 100
Facebook will prevent all activities related to bitcoin and other cryptocurrencies. Who will be the next, maybe Youtube?

Has this news of FB banning advert on Crypto been confirmed? If it is true then at long run bitcoin will be the biggest beneficiary of this ban. I said this because all  the fake and scamming project that comes in-guise of ico  will have been weeded out. Since they can not bring them to Bitcointalk forum then only genuine project will be projected. But bounty hunters will miss FB arm of the bounty.
legendary
Activity: 4410
Merit: 4766
this person below is right


you misunderstood the news!
Facebook will no longer allow you to place any advertisements which involves ICOs and other cryptocurrencies.
you can still post things about bitcoin, etc on your profile or facebook page.

hopefully. then Google ads and all the rest of the major ones. we can finally get rid of all of them and with it all the FUD that comes with them.

this is about the "suggested ads" not peoples personal comments/posts

and in another thread i explained why FB done this
the reason is because most bitcoin adverts and ICO adverts are scams

trying to get people to use 'investment' schemes where the people never get to own/trade real coins, but instead gamble the scammers database entry using a price that 'emulates' a real exchange price

and facebook just dont have time to vet all these scams or wish to become liable for causing people to become victims.
imagine all the lawsuits of "facebook told me to go to this site and hand a scammer my life savings"
member
Activity: 266
Merit: 10
Facebook has not banned bitcoin and some cryptocurrencies.
It is simply banning the advertising of ICO, because there are a lot of fraudulent ICO projects now, so if we continue to provide the service of advertising for these ICO, then facebook may face legal problems.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
Facebook will prevent all activities related to bitcoin and other cryptocurrencies.

you misunderstood the news!
Facebook will no longer allow you to place any advertisements which involves ICOs and other cryptocurrencies.
you can still post things about bitcoin, etc on your profile or facebook page.

Quote
Who will be the next, maybe Youtube?
hopefully. then Google ads and all the rest of the major ones. we can finally get rid of all of them and with it all the FUD that comes with them.
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