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Topic: Instagram Banned Bitcoin - page 2. (Read 688 times)

hero member
Activity: 2184
Merit: 599
October 27, 2023, 02:30:22 PM
#87
Since Meta is issuing its own cryptocurrency, it may not want other cryptocurrencies to be used and displayed on its platforms. This may be a commercial justification for the Meta but Bitcoin is the origin of crypto and making it invisible and robbing it is to the Meta's detriment. Everyone knows Bitcoin now, and bans only increase its visibility. Banning Bitcoin from the entire platform because of fraudulent activity is not wise. On the contrary, it's cutting people off from the crypto. I hope that Mark Zuckerberg will reverse this mistake as soon as possible.
If it's just because he wants to issue his own cryptocurrency, I think there's no point in banning Bitcoin from being discussed on their social media, in fact when Bitcoin is removed it will have an impact on their own social media because there are quite a few people who carry out activities on Instagram social media who talk about it. Bitcoin will certainly leave their social media and instead lose users for this action.

Regarding fraud that occurs on Instagram, of course this is a problem, but that doesn't mean that it actually closes down education about bitcoin itself on their social media, in fact there are many who have nothing to do with bitcoin/crypto, such as other buying and selling, who commit fraud, and this cannot be done can be controlled easily, that reason is quite strange logic in my opinion.
sr. member
Activity: 1288
Merit: 231
Hire Bitcointalk Camp. Manager @ r7promotions.com
October 27, 2023, 02:04:54 PM
#86
That title looks like something else, Instagram never banned Bitcoin, only post related to Bitcoin we're banned on Instagram, and that's because of Instagram new ad policy that seeks to restrict the promotion of financial products and services that may not meet regulatory requirements.
This is probably what they want the public to believe but I think it’s far from the truth, they are not even entirely restricting all crypto related promotion on their profile but rather they are highly targeting those profiles that shill for crypto currency and not even bitcoin in particular.

And this their action could be as a result of wanting to gain revenue from such promotion, those who are willing to pay for advertisements be it crypto currency or not they will also allow it to be displayed on instagram, their straight rules are just targeting those who are doing their marketing and promotion using their instagram page.
hero member
Activity: 1484
Merit: 726
October 27, 2023, 11:52:28 AM
#85
Since Meta is issuing its own cryptocurrency, it may not want other cryptocurrencies to be used and displayed on its platforms. This may be a commercial justification for the Meta but Bitcoin is the origin of crypto and making it invisible and robbing it is to the Meta's detriment. Everyone knows Bitcoin now, and bans only increase its visibility. Banning Bitcoin from the entire platform because of fraudulent activity is not wise. On the contrary, it's cutting people off from the crypto. I hope that Mark Zuckerberg will reverse this mistake as soon as possible.
full member
Activity: 896
Merit: 117
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October 27, 2023, 05:27:01 AM
#84
There are many different social media platforms that can be used to promote Bitcoin. Facebook, Twitter, Reddit, TikTok, and others related to it are still there. In fact, all social media platforms can be used by exploitative people or scammers.

It seems that scammers are everywhere, especially on Facebook, but Facebook has not banned Bitcoin, except for Instagram. Well, it's their rules, and it's not ours either; probably Bitcoin can even be lost by Instagram. Maybe when the price of Bitcoin rallies in the market, Instagram will withdraw its ban on Bitcoin.
sr. member
Activity: 504
Merit: 266
October 27, 2023, 05:01:33 AM
#83
That title looks like something else, Instagram never banned Bitcoin, only post related to Bitcoin we're banned on Instagram, and that's because of Instagram new ad policy that seeks to restrict the promotion of financial products and services that may not meet regulatory requirements.

The biggest issue with Twitter right now is it's now a social media platform where everyone can shill their crap projects and it's hurting the platform, if Bitcoin is allowed to be discussed, many people will be taken advantage of because many people will also start talking about the next Bitcoin that has the next x1000 potential.

We shouldn't feel concerned about this, because Instagram belongs to Mark Zuckerberg, and it's not the same of Facebook, I think he feels Instagram is special and no such thing should exists on the platform, but who cares? Bitcoin still prevails without the help of any platforms so it's all still good.

Bitcoin's popularity is not only limited to Instagram, but countries, nations, organizations and famous people all over the world are Bitcoin holders. Just banning instagram bitcoin can't stop the popularity of bitcoin. Not long ago, Twitter's new CEO Elon Musk sold all of his bitcoins, which did not diminish Bitcoin's popularity in any way. So it will be the same in case of instagram no matter how many bans there will be no change in the popularity of bitcoin.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
October 27, 2023, 04:53:40 AM
#82
That title looks like something else, Instagram never banned Bitcoin, only post related to Bitcoin we're banned on Instagram, and that's because of Instagram new ad policy that seeks to restrict the promotion of financial products and services that may not meet regulatory requirements.

The biggest issue with Twitter right now is it's now a social media platform where everyone can shill their crap projects and it's hurting the platform, if Bitcoin is allowed to be discussed, many people will be taken advantage of because many people will also start talking about the next Bitcoin that has the next x1000 potential.

We shouldn't feel concerned about this, because Instagram belongs to Mark Zuckerberg, and it's not the same of Facebook, I think he feels Instagram is special and no such thing should exists on the platform, but who cares? Bitcoin still prevails without the help of any platforms so it's all still good.

Twitter is not like other social networks and that is what makes twitter different, that is freedom of speech, what Elon always wanted when buying Twitter. Although there will be consequences if freedom of speech is not censored, it also has positive aspects if used to talk about other areas such as politics...Furthermore, social media means there will be many users from many different fields, not just crypto users. If you are a newbie and fall into a scam trap, it is your greed that has harmed you, don't try to blame social networks.

But I agree with you, I don't see any effect this will have on bitcoin, bitcoin doesn't need any support from these social networks. Bitcoin is trending in the world and those who ban it are only harming themselves.
sr. member
Activity: 728
Merit: 388
Vave.com - Crypto Casino
October 27, 2023, 04:30:17 AM
#81
That title looks like something else, Instagram never banned Bitcoin, only post related to Bitcoin we're banned on Instagram, and that's because of Instagram new ad policy that seeks to restrict the promotion of financial products and services that may not meet regulatory requirements.

The biggest issue with Twitter right now is it's now a social media platform where everyone can shill their crap projects and it's hurting the platform, if Bitcoin is allowed to be discussed, many people will be taken advantage of because many people will also start talking about the next Bitcoin that has the next x1000 potential.

We shouldn't feel concerned about this, because Instagram belongs to Mark Zuckerberg, and it's not the same of Facebook, I think he feels Instagram is special and no such thing should exists on the platform, but who cares? Bitcoin still prevails without the help of any platforms so it's all still good.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
October 26, 2023, 03:11:35 AM
#80
Instagram had been used as a marketing tool by most of the scammers. Whenever we see a post from a popular person and the below comments could all be flown with I made so and so using this much of capital and connected with a URL. This is what happening in the Instagram for a long. Maybe those could've have caused many users loss their holdings.

Instagram is just a memory making platform where users have got access to add regular photos and after years while they look it back it reminds of old days. With more and more features getting added to it, users started using it for different purposes. This is where the management would've decided to end the bitcoin related posts and allowing the shitcoins.
That's actually the top 1 reason. Meta stated that this is to protect the users from scams. Bitcoin becoming more popular and being advertised as an easy way to make a profit out of your investment. There should have multiple reports of scams that's why they have taken action by adding a restriction when it comes to promoting Bitcoin. As I see it, this is for the safety of the users to avoid exposure to fraud/Ponzi schemes.

Exactly, a platform that should be for posting a photo of your daily activities and such but getting used as a channel to promote fraud/scams. How people use Instagram is not aligned with how it was designed. Many people are taking advantage of promoting on Instagram as it can easily be seen by a lot of people.


hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
October 25, 2023, 10:54:22 PM
#79
I totally understand how shocked and confused you are by what's happening. The fact that people cant talk about Bitcoin on Instagram does bring up some important issues. Its hard not to wonder if theres something bigger going on here. The Libra and Diem mess may have left a bad taste, but to stop people from talking about Bitcoin? That is a bold move. Even if it has nothing to do with the case, Instagram's choice makes them look bad.

Its interesting to think about the Winklevoss boys, but its very important not to jump to conclusions without solid proof. The fact that material cant be shared shows how powerful these platforms are, often at the cost of freedom, which is at the heart of communication. It is very unfair for Instagram to shape stories based on mysterious formulas, so the company needs to be open and honest. What is the real plan here? We should all be careful and ask questions.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
October 25, 2023, 06:51:14 PM
#78
Instagram had been used as a marketing tool by most of the scammers. Whenever we see a post from a popular person and the below comments could all be flown with I made so and so using this much of capital and connected with a URL. This is what happening in the Instagram for a long. Maybe those could've have caused many users loss their holdings.

Instagram is just a memory making platform where users have got access to add regular photos and after years while they look it back it reminds of old days. With more and more features getting added to it, users started using it for different purposes. This is where the management would've decided to end the bitcoin related posts and allowing the shitcoins.
hero member
Activity: 1092
Merit: 747
October 25, 2023, 06:37:09 PM
#77
But remember that bitcoin needs mass adoption and reach more people in roder to get less volatility, also there is no such thing as bad publicity.
So as a bitcoiners we need that bitcoins become more popular outside of our circle.

But inasmuch that Bitcoin needs mass adoption and awareness to a whole lots of people who haven't know about it's existence, I don't think there should be any issue while it been banned on instagram will stop people from  still creating further such awareness on other alternative social media such as the likes of TikTok, Reddit and Pinterest where they also have larger audience too, and even physical seminars and talk shows will literally also go a long way in creating such awareness too, rather than relying on only just one social media, because one thing I have seen about social media platforms is that it's policies are changed from time to time.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
October 25, 2023, 04:56:04 PM
#76
I'm not on Instagram and yes, it's owned by Meta(Facebook) too and I don't know if that actually happened for some reason. If they have banned Bitcoin, it is the actual word? What is it for them? Just like some few platforms before that have banned crypto related posts and then reverted it after a while. I'm not shocked and there's nothing to be shocked of with that. It's fine to see do platforms do whatever they think is necessary.

We're done to that period that we're too worried about them banning bitcoin, ads related to crypto's etc. Honestly, I want Google to ban more of these crypto projects that uses them to maximize their viewership because many of them are scams. So, like what I've said, the platform itself can do whatever it want. If management wants to ban bitcoin, the word on their captions, chats, etc, that's their decision and it won't stop us from investing and holding bitcoin just because of that news. And they can't stop the push that's currently being seen and done for bitcoin's price.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
October 25, 2023, 04:46:34 PM
#75
This is shocking news for the Bitcoin banned by Instagram. From its platform, the conversation about Bitcoin and Bitcoin was hidden by Instagram. Until now, Instagram has not given an official statement about this, but there are several users who have started to be affected. Why do you think it is? Is it because Libra and Diem that the project failed or was it ordered by SC or the revenge of the Winklevos brothers who are rich from Bitcoin. Instagram is clearly a platform that does not support freedom of speech and only displays content according to the algorithm they want. What do you think guys ?

I'm surprise that you are surprised, it's not something odd or new about other centralized platforms. Instagram is own by Meta, the parent company of Facebook and Facebook don't like crypto related activities, even when they allow people do post, they only allowed them because they aren't to strict about it but the truth is that, they don't like crypto related activities and that's why Facebook and Google don't like crypto adverts, they don't want to feed people with crypto related adverts.

X(formerly Twitter) is the only platform that recognized bitcoin and crypto, could be because of Jack Dorsey influence as he loves bitcoin back then and now you even get a customized tag for Bitcoin. They should continue but if most people that use all this platform decide not to use them again, I believe they are going to see heavy decline in revenue. A time might come when we will start to have our own social media strictly bitcoin and crypto.
hero member
Activity: 2926
Merit: 722
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October 25, 2023, 04:45:49 PM
#74
This is shocking news for the Bitcoin banned by Instagram. From its platform, the conversation about Bitcoin and Bitcoin was hidden by Instagram. Until now, Instagram has not given an official statement about this, but there are several users who have started to be affected. Why do you think it is? Is it because Libra and Diem that the project failed or was it ordered by SC or the revenge of the Winklevos brothers who are rich from Bitcoin. Instagram is clearly a platform that does not support freedom of speech and only displays content according to the algorithm they want. What do you think guys ?
They can ban all they want, sooner or later they would really be able to realize that they are already late in the game once this crypto market would really be making some moon.
Its not really that totally shocking that there would really be platforms or companies that would really be that banning bitcoin just because of some personal reasons or whatever views that they do really have.
Wont really be that get shocked on the time that they would really be reverting their decisions and telling that they are really that accepting Bitcoin payments instead. lol.

We've seen several similar banning situation but ending up on reverting or revoking those decisions and rather they would really be that getting in line with it.
It is really just that pretty normal that not everyone could really be please out by BTC but those decisions will really be reverted and we are much sure.
Just incase if they would not, then it wont really be that an issue, recognition is really that inevitable.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
October 25, 2023, 04:40:54 PM
#73
Instagram ban Bitcoin posts and any related cryptocurrency posts were ban due to massive scam happening in the platform.  I do not blame instagram in banning scam posts since this is a just action to protect its users.  Aside from that, I do not think that there is much effect on the Bitcoin market if Instagram prevent its users to post crypto related thing. 

Only Bitcoin, but still allows shit coins. They did a right thing and great job to block a best cryptocurrency while allows many scam coins on their media platform.

I read the article and it stated other crypto related posts so it is not limited to Bitcoin only.
Quote
In a surprising turn of events, Instagram has taken a bold step by banning Bitcoin and crypto-related posts, claiming it's for community protection. 🤔

maybe, they are just playing safe on this matter, and banning crypto-related things on their platform. at least they won't be blamed when scammers attack their users. as most users are still naive from potential fraud owed to crypto-related activities, it is no doubt they don't want themselves to be entangled on this problem.
hero member
Activity: 1918
Merit: 564
October 25, 2023, 04:25:29 PM
#72
Instagram ban Bitcoin posts and any related cryptocurrency posts were ban due to massive scam happening in the platform.  I do not blame instagram in banning scam posts since this is a just action to protect its users.  Aside from that, I do not think that there is much effect on the Bitcoin market if Instagram prevent its users to post crypto related thing. 


Only Bitcoin, but still allows shit coins. They did a right thing and great job to block a best cryptocurrency while allows many scam coins on their media platform.

I read the article and it stated other crypto related posts so it is not limited to Bitcoin only.
Quote
In a surprising turn of events, Instagram has taken a bold step by banning Bitcoin and crypto-related posts, claiming it's for community protection. 🤔
sr. member
Activity: 2338
Merit: 365
October 25, 2023, 03:37:57 PM
#71
I don't use Instagram and I am not aware of their ban against Bitcoin and conversation about Bitcoin. Reading your post, I would like to find announcement from Instagram but I got this Binance feed.

Instagram Bans Bitcoin Posts : New Controversy Unfolds

It happened two weeks ago.
Instagram suspend accounts for posting about Bitcoin.

Only Bitcoin, but still allows shit coins. They did a right thing and great job to block a best cryptocurrency while allows many scam coins on their media platform.

I got and read this funny news too lol

Quote
To ensure compliance with local and international regulations, Instagram’s new ad policy seeks to restrict the promotion of financial products and services that may not meet regulatory requirements. Mark Zuckerberg, owner of Instagram, bans all posts related to Bitcoin.

Mark said that the reason he banned all forms of advertising containing Bitcoin was because he complied with regulators, but until now he has not mentioned which regulator he is referring to, my big question too, just like you, is why he only mentions Bitcoin, while those who make a lot the people who lose are altcoins and shit-tokens, mark really needs to make more improvements to Instagram it seems lol.
legendary
Activity: 3346
Merit: 3125
October 25, 2023, 03:35:17 PM
#70
This is shocking news for the Bitcoin banned by Instagram. From its platform, the conversation about Bitcoin and Bitcoin was hidden by Instagram. Until now, Instagram has not given an official statement about this, but there are several users who have started to be affected. Why do you think it is? Is it because Libra and Diem that the project failed or was it ordered by SC or the revenge of the Winklevos brothers who are rich from Bitcoin. Instagram is clearly a platform that does not support freedom of speech and only displays content according to the algorithm they want. What do you think guys ?

I would say this is  something good because the scams on Instagram ads are getting crazy nowadays. It looks like is the favorite way for the hackers to get new victims, so, I'm not surprised by their decision.

But isn't clear at all if they only banned Bitcoin or everything related to cryptos. Or if they only ban bitcoin on the ads or users are getting banned if mention it. Let's see in the next days how this results and if other social networks takes the same initiative.
full member
Activity: 952
Merit: 232
October 25, 2023, 03:18:11 PM
#69
I don't know why there should be much noise about Bitcoin being banned on Instagram.
Instagram is a social platform that is picture and video conscious along with promotions it offers. It isn't an exchange nor does it use the decentralized system or network to function.
There's been so many cases of scammers therein and many of which come in the form to accept BTC as payments only to turn out to be scam.

I have met one or two persons there that were of the ploy to give directions to an NFT site that accepts crypto but isn't legal, or better put, it's a scam site.

Am sure with this ban, the consciousness of dealing with scammers on the platform will be woken and more alert to potential scammers, unless where it's a business account and BTC is acceptable for them, then it is their own egg to fry and not a concern of Instagrams'.
hero member
Activity: 2086
Merit: 575
October 25, 2023, 03:14:27 PM
#68
I am not sure if this is true, but also I am not sure if its true but just purely ignored. I still have over 100+ accounts that I can follow, they are mainly crypto fun stuff not crypto advice stuff so its mostly jokes and not real like trading advice type of stuff maybe that's the reason. However, all of them are still valid, if I missed a few then maybe they could have gotten banned and I didn't notice, but there is a total of 100+ crypto related places that I still follow, some of them serious news related crypto websites that have thousands of followers too. I guess its not really followed up that carefully and that could be one of the reasons why they are still there. All in all, twitter is still by far better for crypto chatter.
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