The War has started. Crypto vs Giants - page 6.

VenturaBro

newbie

Activity: 168

Merit: 0

Quote from: 5thFear on January 31, 2018, 05:16:30 AM

You might have seen the following news

https://www.recode.net/2018/1/30/16950926/facebook-mark-zuckerberg-bans-crypto-advertising-bitcoin-james-altucher

So facebook bans cryto advertisement. is it an effort to destroy crypto currency that they fear can free the humanity from the Govt banking system.

I wouldn't call it that dramatic.

They're just starting to catch on that a lot of ICO ads are scams, and they don't want those on their platforms - simple as that.

mlkvch

jr. member

Activity: 120

Merit: 7

I think that Facebook might ban ICO advertisements because of their fear of Telegram ICO. If it's successful, all messengers will die soon Wink

kaito.

member

Activity: 336

Merit: 11

Quote from: 5thFear on January 31, 2018, 05:16:30 AM

You might have seen the following news

https://www.recode.net/2018/1/30/16950926/facebook-mark-zuckerberg-bans-crypto-advertising-bitcoin-james-altucher

So facebook bans cryto advertisement. is it an effort to destroy crypto currency that they fear can free the humanity from the Govt banking system.

it's just as you said google fb and also twitter has start this program, i think it just a way to make people think all crypto are scam and they would make their own coin in the near future. fb implement the use of coin in their site before but didn't succes so maybe they now will make crypto related coin to use in their own site and said that other crypto is no good.

dogtana

member

Activity: 845

Merit: 56

Like bitcoin owners aren't another kind of giants. Popcorn anyone?

https://www.digitaltrends.com/computing/who-owns-all-the-bitcoin/

RDNX

member

Activity: 392

Merit: 11

Quote from: 5thFear on January 31, 2018, 05:16:30 AM

So facebook bans cryto advertisement. is it an effort to destroy crypto currency that they fear can free the humanity from the Govt banking system.

This is the moment when the Crypto community should work together and strengthen the Crypto idea.
We should not afraid of giants elite. They should fear us. Decentralize is the future.

shaadsufi

newbie

Activity: 182

Merit: 0

One may say that bitcoin now banned by Facebook has no effect on the cryptocurrency because the content viewership in terms of ads is not convincing enough evidence for one to invest in bitcoin, one thinks a lot before one invests rather than when one buys something like commodities. The investments of bitcoin may not come from Facebook.

cryptomarvel

full member

Activity: 294

Merit: 100

Some people didn't understand the news clearly, it's only for advertisement so Facebook bounty is still working, also don't forget that now more people will talk about crypto and this will increase the awareness.

Nakaba

member

Activity: 167

Merit: 11

Quote from: 5thFear on January 31, 2018, 05:16:30 AM

You might have seen the following news

https://www.recode.net/2018/1/30/16950926/facebook-mark-zuckerberg-bans-crypto-advertising-bitcoin-james-altucher

So facebook bans cryto advertisement. is it an effort to destroy crypto currency that they fear can free the humanity from the Govt banking system.

The ban is only for advertising but discussion in cryptocurrency still allowed by Facebook. I think the news was just exaggerating. It is also good to avoid too many advertisement that floods my timeline with a nonsense and false advertisement of ICO scammers.

dumplingsandsushi

member

Activity: 476

Merit: 41

Quote from: 5thFear on January 31, 2018, 05:16:30 AM

You might have seen the following news

https://www.recode.net/2018/1/30/16950926/facebook-mark-zuckerberg-bans-crypto-advertising-bitcoin-james-altucher

So facebook bans cryto advertisement. is it an effort to destroy crypto currency that they fear can free the humanity from the Govt banking system.

A little overdramatic yeah?
As others have said, they only banned paid advertising.
There is no conspiracy, just think of it from the perspective of a company.

If you owned a company and people were using your company to advertise and sell fake, scammy products would that be good for your business?
And that is exactly what was happening, the vast majority of crypto advertisements on facebook were for absolute shitcoins and shitprojects.

So when I heard the announcement that they were stopping that, I was happy.
It's a good thing for crypto.

And as far as the US government "bullying" crypto, that is utter nonsense.
KYC is an international initiative to prevent money laundering.
Regulations on us citizens participating in ico? they don't exist.
ICO's don't allow us citizens because they don't want to go through the hassle of dealing with tax laws.

Procopiogamscrypto

newbie

Activity: 210

Merit: 0

Quote from: jbautistangina on January 31, 2018, 05:23:55 AM

Quote from: 5thFear on January 31, 2018, 05:16:30 AM

You might have seen the following news

https://www.recode.net/2018/1/30/16950926/facebook-mark-zuckerberg-bans-crypto-advertising-bitcoin-james-altucher

So facebook bans cryto advertisement. is it an effort to destroy crypto currency that they fear can free the humanity from the Govt banking system.

Well as i can see markzuckerberg is being bullied by the U.S government thats why he has no choice but to kiss their ass.Facebook is helping F.B.I to track down these xriminals using their accounts,theres nothing new about these ban,like what they did to pornography but people always find their way to post links in facebook.I have been using facebook to promote my websites and i can say their automated system is quite good but there still some openings so you can still post links like using shortening URLS like bitly.

Facebook team has nothing to do in exerting effort to destroy crypto currencies nor bullied by the US government to do what they want,they are just trying to impose a policy to protect the interest of the people from either financial or mislead information , although some argued, that the move is relatively not fair to legitimate crypto companies but as far as i know , some of the bigboss of FB teams are also a board members in crypto exchange, again its purely for the people

KryptoKai

full member

Activity: 630

Merit: 100

They probably just banned it as they will bring out their own coin and they don't want competitors advertising on their system. Not many people take notice of these ads, most realise it's just fake news anyway. Go to twitter and telegram for crypto updates, facebook is just old tech now Cheesy

jouns

full member

Activity: 812

Merit: 106

I think he is afraid for his brainchild facebook which will soon replace decentralized social networks. Grin

Andrej Peiboski

member

Activity: 350

Merit: 12

Take care, the war is real: not only facebook has banned payed advertising, but if you make post about bitcoin or with a link to some crypto site there is the risk that will be marked as spam.

And as you know, there is a short step to close your account (and of course you don have the right to complain).

Try this with a fake account, and you will see.

RodneyKings

full member

Activity: 213

Merit: 103

Quote from: 8count on January 31, 2018, 05:36:03 AM

Facebook has only banned the paid advertising of cryptocurrency. Which is fine as I get sick of seeing them when I do occasionally jump on Facebook. You or anyone else can post or share crypto stuff on your timeline so bounties etc will not be effected.
So as long as you don't make a paid ad for cryptocurrency nothing changes.

I feel you. I do love crypto but it's very annoying to see crypto advertisements every time I browse my news feed. I also noticed that my posts on Facebook via Twitter link about ICOs are recently banned. I am not sure if Mark is just following US regulations or banning it for its own coin. Let's wait if it will happen because if ever the latter happens, it'll be a blockbuster.

CryptoRama

full member

Activity: 453

Merit: 100

I agree, they probobly banned them for a reason, probobly a lot of people who are in crypto, only them got those shitty ads, when you're in crypto and it's offering you something and then also says if you allready in crypto skip this add...then why tha f, did I got this commercial...

I mean, all good, but when you in crypto, that is the time you should really know what the f. are you doing... I mean, read something about it, don't just earn.

Also I see no war for now, because those who are powerfull (in money ofc) are allready earning a shitload of money so the power will they have the most... Maybe they want to hide bitcoin or whatever, but people will see the benefits, so it's innevitable, except if World War comes, to wipe all computers from the earth...

marcripto

full member

Activity: 658

Merit: 100

The global war against cryptocurrencies began a few weeks ago: China, United States, Korea, Facebook, Instagram, etc. but these giants will not be able to stop the progress and freedom that the blockchain sector will give to humanity

anhhung409

full member

Activity: 318

Merit: 100

You've probably misunderstood the problem. Facebook does not ban crypto ads, they just do not allow the payment of advertising by crypto because it is illegal in some countries in the world. I think Facebook does this right and there is no reason for them to ban the crypto ads because crypto is the currency of the future.

JRDuran

newbie

Activity: 145

Merit: 0

Quote from: 5thFear on January 31, 2018, 05:16:30 AM

You might have seen the following news

https://www.recode.net/2018/1/30/16950926/facebook-mark-zuckerberg-bans-crypto-advertising-bitcoin-james-altucher

So facebook bans cryto advertisement. is it an effort to destroy crypto currency that they fear can free the humanity from the Govt banking system.

I suspect that facebook will create its own token to make profit for these many campaign. Yes scam is enough as a reason to ban the advertisement of all cryptos scam in facebook can't be stop it will always be in all social media but the possibility that facebook has a plan to make its own token is more reasonable. This is only an opinion.

Gekkoo

sr. member

Activity: 604

Merit: 252

This topic is a full plate to take get negative, avoid talking nonsense about war, but coming back the question, I do not consider it as a war, I consider it as a avoidance of false information among the masses, anyone who wants information that seeks and finds Bitcointalk or specific media, another perspective that we can look at is the safety of the cryptocoin since morality, and in practice as well.

99th

member

Activity: 196

Merit: 22

Las Vegas

The governments had no choice but to get involved bc of sites like bitconnect...scamming people out of billions and also with ICOs launching just to steal money with no real intention of doing anything else. The thing that sucks is now all the legitimate crypto companies have to deal with over regulation.

Topic: The War has started. Crypto vs Giants - page 6. (Read 946 times)