Bitcoin Forum

I just wondering the impacts of Facebook advertising ban on the cryptocurrencies. What if Twitter follows the advertising ban? Is the results will be damaging to cryptoworld? Your thoughts...

It is possible , but I don't think it will be done . Twitter differs from facebook in their advertizing and security policies. For me it was clear , that crypto ban from facebook is just a time question , this is a very centralized social media network.

But Fb might also introduce their own crypto.

Interested to see how that goes. ;D

Its quite big impact to the industry of cryptocurrencies, somehow there will be a minimum gain income of ICO's because Facebook is one of the biggest community of social medias. I don't see any reason twitter will follow the implementation of that kind of rules, they are also earning on some paying advertisement on some ICO's.

If they will follow that rules,then it will have a big impact in terms of advertisemets for ICO's and to the crypto world.

Why are you experiencing, crypto-currencies are so very popular. If you participate in the company's facebook, then repost and like are not prohibited. Work with pleasure, you do not need to panic!

With Facebook's net worth, I don't see the need for them to launch their own coin.

TS: Wouldn't surprise if Twitter follows suit. But if Google will also join the ban, it will be more scary since Adsense is everywhere, YouTube included.

The real mystery behind this ban is the Mark Zuckerberg's own plan which involves his own currency. I think that he even bought some domains secretly. If the Facebook continues with the plans of their own currency I am sure that many of their counters will be angry.  This current move( banning cryptocurrencies) just showed how the Facebook is shellfish and arrogant( Mark).

Twitter won't ban advertising of the crypto for sure because advertising supports them financially. Mark selfish attitude, even if he releases his cryptocurrency, will lead him to demise!

i am not that familiar with Twitter but checking it, i have never seen any advertisement on it. and note that what people post is not the same as ads. what Facebook banned was in fact rejecting any "banner ads" which they put up on their site.
"banner ads" is like the one you see on each bitcointalk topic page under the first post. twitter does not have the same thing as far as i can tell!

with that said, i really hope they all ban anything cryptocurrency related not just ICOs. it would be a great thing. we take the hit once and endure whatever comes because of it once and then be done with it instead of hearing the same nonsense every couple of months!

No,twitter wont do that,did you know that twitter wasnt that strict to pornography? facebook is too strict because their users are from 13+ yrsold thats why they need to protect the young folks,twitter in the other hand doesnt control the pornography theres a lot of nude photos all over the twitter,there will be less chance that twitter will follow facebook footstep.For me twitter is more open to this kind of promotions,they are less greedy than facebook today i can guarantee you because ive been a user facebook for 10years and twitter.

Twitter is essentially a blogging website and source of info, where as Facebook is just a Data center for the CIA.   

To make their net worth go even more up, duh!

There could be that possibility, however, having seen the article, I think that it is not Facebook's intention to totally ban ads pertaining to the cryptocurrency market. I think what they are trying to control are the unwanted and flooding content that populate the system, and upon appraisal, some advertisers also post useless content that doesn't even amount to an advertisement if you would look closely at it. Also, I think that facebook is exploiting that many advertisers are using their platform as a means to market products because they get income from that too. Thus, why would they ban something that is of value. Having said, I think twitter would gauge the positive stuff it bring before having those drastic measures implemented.

I think it'll hurt, but not much. with the world of cryptocurrency have their own websites where you can disseminate information

Ads, or facebook ads in particular doesn't really have much of an effect in the first place. Facebook ads are just not that effective. Remember that Facebook ads target specific users. People in this forum would definitely see those kind of ads but someone who doesn't have a single trace of even searching the word bitcoin wouldn't see any cryptocurrency related ads. A user that posts something about an ICO would better at selling that product than a fancy ad.

I have been an online marketer for quite some time and what I noticed on facebook is that it always changes - one of the many examples was when online marketers were making lots of money through traffic arbitrage using Facebook ads to promote their blog posts with some teasing titles like that of bored panda and then monetizing their blog with Adsense and native ads - Facebook stop it.

Before facebook allows promoting dating ads but when CPA marketers were earning big, Facebook halted it.

Now, with the recent rise of cryptocurrency marketers and earning a lot as well, Facebook, as usual, banned the same.

I think facebook really doesn't want random online marketers to earn big with their platform and at the same time, they are trying to protect their user base when certain trends tend to be abused by some fraudster - I am not saying that all crypto advertisers are fraudster but there are really some I think.

With Twitter, they are quite lenient but eventually follow suit most of the time but not as aggressive as Facebook and Google.

Because facebook doesnt want its community to see a lot of scammy ICOs as the SEC has restrict U.S citizens they should follow what the government wants or mark zuckerberg will always be an allied to what the government wants.Facebook is a user friendly social media sites as they allow 13+ years old users to join facebook they are just protecting their citizens with these scammy ICOs,we cannot blame facebook because most of the ICOs today are just raising funds then will fail and run at the end.

Social media is a great tool for advertisement to boost your business project model. It's sad one of the most a big influencer in the social media Facebook has banned any cryptocurrencies related ads, I'm sure Instagram will follow the same because it has the same owner. There will be a lot of disadvantages when many social media ban cryptocurrency ads, and if ever that happen, I'm sure Bitcointalk is will be the main part for cryptocurrency ads.

I don't think that it will occur, nevertheless twitter is more loyal to advertizing if it happens they will lose large audience.

If they ban it, Twitter will ban only paid advertisements.
Most of ICO's are making twitter campaign. Those are private tweets and Twitter will not censor it.

I guess the marketing team will have to allocate more budget to bounty campaigns if paid advertising for cryptocurrencies is banned. This could benefit the bounty hunters, a blessing in disguise maybe?

Actually i don't know what Mark Zuckerberg want to gain with recent ban probably he want the legit icos to pay to can't them access for their Ads on Facebook or he actually want to eradicate the scam being perpetrated through the adverts on Facebook.
I don't expect twitter to follow the suit the platform that can really have big effect on ico is telegram.

Firstly we can't predict if they will follow the ban. Looks like they won't.
Secondly: that isn't a damage but a new hype - everybody talking about the ban and everybody looking on the crypto currency. Black PR is still a PR.

I do not like this network. I had a lot of problems as a new user. "Provided  data because  added a lot of friends" . With the new rules, they make it even worse as it seems to me.

Banning will not be necessary .You have an option to  unfollow any body that spam your twitter account.A lot of people unfollow those that they choose to follow initially because they spam their mail.

I don't care about FB, I didn't see any ads there anyway. Twitter is another thing, it's perfect for advertising and promoting crypto, so that would be really sad if they would follow the ban.

I don't think it will matter. I mean, it will not damage the crypto market. it looks like twitter will follow what facebook is doing. and I think there will be no major impact on crypto and ico. because some of the biggest real investors are in the bitcointalk community.

Banned official advertising. I think it is not critical. Usually all are advertised with bounty, people can also make reposts of records and disseminate information about the project on social networks.

May be Twitter also will follow the footsteps of Facebook because most of the newbies attracted to ICOs due to immediate high returns but there are high chances to fall for false ICOs

This can be identified only by Due Deligence but most of the new people are not doing this and it will affect ultimately financial loss to people.

So please do Due Deligence before entering into any ICOs

Twitter is actually used by many legit crypto projects as "official" news channel , much more than Facebook. It should not follow the ban

Facebook is banning because i believe they will introduce their own crypto. If twitter creates a currency of their own they can do they same as facebook is doing.

Facebook is banning because i believe they will introduce their own crypto. If twitter creates a currency of their own they can do they same as facebook is doing.

I think it is a bad thing for ICOs, Facebook is a great tool for spreading your page / idea and to ban it is giving ICOs a bad name. I think Twitter will follow but remember it is simply a banning of ads.

You can still post in groups and tweet about ICOs.

Can't believe Facebook did this as they are losing easy money on this especially with the amount of cash that ICO's are throwing in marketing.

I think that it is their loss and they are only doing this for PR, especially after the Russia thing and also the damage social media does. I do expect Twitter to follow as they are even more prone to cutting content and accounts.

Why did facebook ban crypto advertising. There were bearly any crytpo ads for me to see.

The ban implemented by facebook is there for a reason and will be lifted accordingly. As for twitter following the same, Its ludicrous to think twitter would follow blindly.

I don't think Twitter will do the same. Facebook is horribly displaying crypto ads anywhere so it has some reasons to ban it unlike in Twitter. The most active Twitter activity is only by means of sharing and not advertising by means of buying space on the site.

And even prior to social media activities, Bitcoin gained popularity by any means so I think it will not be a big deal if it will ban. The only downside Im seeing here is, communicating with the ICO owners will now not exposed on a public discussion like we are seeing when others have complaint.

I also heard that too. Thats the first thing that comes in my mind. Are they banning cryptocurrency for advertisement because they feel this are threats for their upcoming crypto or they will also not allow their own coin to be advertise in Their own Social Network?
 

Well maybe twittwer but I dont believe telegram its goin to act like that because as you know tis goin to run its own ICO and I also believe that facebook its gonna join that too and make its own ICO . Why not? Every1 wants to make some money.

I don’t think that’s the issue and won’t happen as it was just a regulated ban and not all cryptocurrency or alike.. If twitter will do the same as Facebook does I don’t see any wrong with it.. If the management finds it justifiable and those ICO that is promoting unrealistically then anything that will suppress them is the right thing.. So take into consideration the veracity and reasons behind before complaining..

Many people are saying that facebook ban crypto currency ads but still i am able to do my likes and reposts and not facing any problem. Maybe some pages of some coins removed by facebook due to some reasons and if that is not totally banned by facebook, why twitter banned crypto currency ads. My view is that twitter will continue as already doing.

Makes sense. And Twitter will surely not ban crypto twitter accounts where they are tweeting updates and announcement of the coin. In other words, they will just put a stop so that those who take advantage of social media advertising platform to spread scam-like crypto promotions as it harms their user base.

Maybe Facebook only wants to secure its content since there are many users who are like- minors, and they to tend to be unaware of things such as bitcoin. This may also help the users to avoid scams. Furthermore, bitcoin ads on Facebook usually appear on people who are interested in it so it doesn't really help in targeting those who are not into it or those who is not knowledgeable about it. Well, Twitter is not that strict when it comes to its ads. This might be because they also gain from it. If one day bitcoin ads will be ban from twitter, I guess users will still find a way to influence other people.

I suppose we must not exclude this situation. Twitter headquarters is located in the USA, San Francisco, California. Facebook is also an American site. The USA does not support ICOs and bans them, thus Twitter might do it (not sure, just admit it).

Everything is possible and we should prepare for the worst. Social media ( fb, twitter, etc ) is powerful tools to introduce product but also there's alternative besides that, such as you tube, blog, web. So, nothing to worry about it, just follow the project rules and keep receive payment. We can't do anything about ban, that's twitter policy.

I learned a lot from this. Thank for your thoughts. If Facebook implemented the banned. I have no choice but to increase my Twitter followers.

Everything is possible because facebook also said it wanted to support cryptocurrency in the past
But now it has banned the advertising of ICO, I think we will to prepare for the worst.
The whole of the crypto-money market has recently turned red, and probably a bear market.

No worries, Google will advertise any shit you want

Well, it depends on their CEO. It's their platform so they could do whatever they want since they're not part of the increasing number of new ICOs in the market.
Facebook just made their decision to ban ICO ads on their platform but I don't think they could stop people sharing ICO stuff because that's beyond their control, and so does on tweets. Twitter could ban ICO ads but couldn't stop on people keep on tweeting ICOs and Cryptocurrency stuff.

Yes,  the ban will do alot of damage to the cryptoworld because 72.4 percent of the world population are accessing the social Network and believe the current dip in price of bitcoin was due to the ban. Hope twitter won't join the course.

Yes, it will impact but I don't think twitter will follow what facebook did. As few members said social media is accessed by more than 72% of people in the world, crypto market advertising will be impacted especially the new ICO's. But, there are alternates available for everything and the advertiser will think of some or the other to promote their crypto.

I don't think that Twitter will decide on such a ban. With the popularity of cryptocurrency, the dying resource has got a second chance to live and will ruin it.
After all, we all understand that basically the whole audience goes to Telegram.

Twitter for me is more open than facebook,most of the people in twitter is adult enough for these things,unlike to facebook's users they have 13+ yearsold people who might be curious about these ICOs,which will get them scammed by these scammy ICOs,facebook really wants to protect their audience in the other hand twitter has no reason to ban cryptocurrency related advertisement.

I believe Twitter will not follow the footstep of Facebook because it will be an advantage for them to get a revenue in favor to them. Twitter are more open on this kind of technology and maybe one day Twitter will also announce a partnership on a new blockchain platform.

Well, I think that is the best way to promote any of your crypto related information through your twitter account and not through promotional ads. I don't think so though that twitter already follows facebook in banning of cryptocurrency, ICO, and other similar kinds of paid promotions.

Twitter is far less strict than facebook,actually twitter doesnt care on what you are posting in their newsfeed,doesnt even know how to control the millions of crowd of spammers,so for me twitter wont do any harm to our cryptocurrency activities.

yes, of course the crypto world will lose a bit of balance, because facebook is one of the social media which is often used by bounty hunter to advertise altcoin. I thought, is there no other way to filter the news than by banning advertising all crypto?
yes, if the tweeter owner sees the negative impact, then I think will do the same thing.

Possibility that Twitter will follow the advertising ban of Facebook ? Maybe this is because there is no cooperation for profit for twitter company therefore twitter prohibits Crypto and ICO ads on twitter.

Probably it will coz it is also a social media way.
Facebook and twitter is a kind of social media reaching everyone from a far in every continent in the world.
Big possibility to make it happen in a few days or few months maybe

Twitter is fat less strict than facebook,all the users of twitter are above 18 atleast whilte facebook has 13+ users,thats why there will always be some changes with facebook's terms and conditions.Ive been using facebook for about 12years thats why i know how facebook evolved from time to time,they are adjusting their algorithm and TOS regularly so the users wont be abusing the site.

I don't think twitter will be banned.
Because a lot of token companies have just created an account to share this token with twitter, If twitter is banned, I think it's just a ban on paid advertising.

If facebook try to make its own crypto so its not relevant with this decision.
Or they want only advertise their onw blockchain so thats why another advertise from crypto is not allowed anymore?