Topic: The trillion dollar question: What w'd be the impact of Facebook ban on ICO Ads? - page 2. (Read 421 times)

Facebook's ban on ICO advertising has led to fewer investors entering encrypted money markets.
In the short term, the amount of money in the entire cryptocurrency market is inadequate, and investors are losing confidence, causing the entire cryptocurrency market to turn red and bitcoin down 50 percent.

And I think that it will not have the greatest negative impact on ICOs. There are other channels and socials besides Facebook to place the information there. For instance YouTube that is more popular with people has a lot stuff devoted to these projects and crypto. Get information there.

What to do: We should self regulate our industry and never leaving any room for the big brothers to come in with regulations. Any form of crypto currency regulations from the outside will be like asking the wolf to groom the sheep and will definitely kill the very essences of cryptocurrency which includes decentralization and privacy.

How to self regulate. One practical way to self regulate the industry is by using community pressure as instrument of control. The crypto industry is practically a cluster of communities of various crypto projects. Cryptocurrency forum administrators should set sanctionable rules and regulations that not only protects their individual projects but the cryptocurrency industry in general, and forum members must uphold such rules and norms so that we all have a duty to shouting down and bringing down fraudulent projects and practices.

For me it seems like a bad move. Even fake and scam ICOs will never miss a chance to get audience in facebook.  Nothing will happen with the fb bounties (maybe it will even become overloaded with spam, who knows). Anyway newbies will still see information about ICOs and sometimes the things that are promoted thru bounty campaigns are just a low quality spam. If Facebook want to  protect its users again crypto related fraud then it will be more wise tomoderate their ads so people could have a reliable sourse of information. It seems like they are setting the right goals but wrong ways to achieve it.

I was surprised, all of my ads that I paid for - were abruptly stopped. In fact, Facebook has refused a large number of money on cryptocurrency - in favor of any other sites. From the point of view of financial benefits is not a rational step, but probably it will slow down the development of the market as a whole.

I agree with this. Facebook is very small place to advertise anything. There are other social media and places where you can place your advertisement. Facebook is slowly losing their trust value and they're doing all they can to blame their incompetence on others.

I don't really think there will be an impact but I don't use facebook either so what do I know.

In that case, the impact is going to be minimal on ICO hunters and the crypto industry in general.

If people really think losing some advertising on Facebook has a massive impact to crypto, then its not in a very good state.  ICO should not be a consumer product to be sold to alongside holidays, deodorant and betting.  It will raise the game of ICO that will need to focus on attracting those that understand the technology and hopefully reduce the outright scams.

Actually it will have 0% impact on Facebook social media campaigns. The ban is on Cryptocurrency paid ads that you make in Facebook by boosting your post. You're still aloud to post and share general cryptocurrency news and updates to your own personal timeline. I like the ban and if Facebook are happy to lose advertising money then i'm guessing their was government pressure put on them.

I think there will be no total ban on Facebook as the news said they will just block those ads and post on cryptocurrencies that telling ICO and some free tokens and for sale.
but still, a cryptocurrency project development maybe post there as long as there will no money attach or advertisement on joining and investing. NEWS and DEVELOPMENT will still be permitted to be on news feeds.

facebook and banned ads ads for cryptocurrency will result in decreasing investors for the ico. because we know facebook today to be a very effective social media to attract investors, all circles have facebook account and use facebook every day. it will definitely hurt potential investors and ico because they will not be able to see good ico popping up on their verandas.
but if investors want to invest they should be more careful in searching for ico an not have to rely on ads on facebook because at this time they can not access ico ads on facebook.

hopefully it'll save a bunch of newbies losing all their money.

icos will probably also be hit with some heavy regulation this year in the places that count. ideally it would kill off this 'industry' completely. it hasn't come up with squat so far.

now what we really need is youtube but there's no way they'll clamp down on it there.

The one thing which I appreciate from facebook is that decision. Will be great if google follow them. There are a lot of scam projects promoted by using both websites. Just by typing mixer on google, you can see a lot of scam websites in top results. Do they need promoting? Use bitcointalk or I don't care, it's not my headache. Here you can find almost every serious person + good people, so great place. It will be hard to gain trust here too.

Cryptocurrenccy is a selfselling business.i remember the first time i heard of bitcoin and after a 20 minutes research on google i was hooked for life.with cryptocurrency Every news good or bad is positive publicity.its too hot to ignore.man in nature is greedy.no right minded person will ignore a business that gives u more than a 1000% ROI within the blink of an eye lid.sure some people get burned.but when they look back at the choices they made in their formative years in cryptos they realise their mistakes and then embark on the right part.China ban ICO and somes exchanges but Cryptocurrency instead went on to attain a market cap of more than 0.7 trillion dollars.Who Knows maybe the facebook ban will be the spring board that will launch a 1 trillion markey cap.if  the most populous country couldnt do it then a mere website has no chance.cryptocurrency is the new normal,the generatioNEXT.KIK joined,LINE is next in line ,Telegram is not far behind.Facebbok is bound to join.who knows this might be  a publicity stunt.Cryptocurrency is a past moving train with no control.u either join or get roll over.Facebook or no facebook crypto is heading to the moon.And anybody who reads about this ban and dedicate 20 minutes of his/her time to do a research is bound to get hooked like me.Crypto is like that girl u love ,hate ,fight,querrel,saperate,make up but never leave

I imagine it will result in less newbies investing in scams.

I don't think that Facebook's ban will have any major impact except for Facebook's ad revenues. But of course it can be used to make negative hype on Bitcoin by the Mainstream media, possibly for reasons of market manipulation.

This will only drive crypto enthusiasts from these mainstream corporate giants like Facebook into more decentralized versions of social media. Of course this may affect the amount of new money flooding in from mainstream sources into Crypto as the banks clamp down on us and mainstream media and social media turns their backs on us and bans us crypto lovers. The war is on, do we sit and fight or cut and run? That is the big question to ask now. It's do or die for crypto lovers everywhere..

there is no impact of this ban because facebook is just a minor way to attract new investors.

most of people come to this website to see and discover crypto's. this is why signature compaigns have the biggest shares.

This is a real blow for those who are engaged in bounty campaigns.I think that everyone will massively go to twiteer. I hope it does not follow the example of Facebook. There are always hard times, but it's not worth it, I'm sure that everything will go well.