Bitcoin Forum

Well developed social media Facebook is currently banning ads which promotes cryptos and ICO's saying they’re ‘frequently associated with misleading or deceptive promotional practices.’ Earlier this month, Chief Executive Officer Mark Zuckerberg referred to cryptocurrencies and other technologies that decentralize power as a trend he was studying in 2018, part of an effort to correct problems on the social network.
While some enthusiasts took this as a positive sign for digital currencies, Zuckerberg wrote at the time that he was looking at both the positive and negative aspects of the technology.
These factors lead to the BTC go down nearly 28% in markets  :(

Source : https://www.bloombergquint.com/technology/facebook-bans-ads-associated-with-bitcoin-cryptocurrencies

I have seen for cryptocurrency have been predatory in nature. They prey on people’s fear of missing out, hoping to get people to panic buy in before they know what they’ve bought.I think this is a very positive step in the right direction. It makes it harder for people to purchase toxic assets, allowing them the time to learn and decide if it’s truly the right decision for them.

Facebook banning ads may be a good thing in the long run, if it helps stabilize the market and protects BTC and it's value from wild speculation and ridiculous swings in it's price.

when i know because ban cryptocurrency s facebook because many propromote ico projects and think dev is spam it in news feeds so they want another crytocurrency on facebook

I heard the government are using the social media
websites to stop the progress of promoting crypto
ICO ads, this will leave a huge effect on ICO's.

How much can you create the same threads?
We have repeatedly discussed this. It's very nice that Facebook is trying to protect us from unnecessary earnings, thank you for their attention.
In fact, Zuckerberg just wants to protect his billions in fiat.

Yes the Facebook are now banning all ads related to crypto and i think it is just right since they are causing too much spamming at the Facebook, and i believe it is not the appropriate venue for them, they need to use other ways of spreading their links.

then what about bounty social media by using facebook? will it be eliminated?

it's horrible, now people who spend Ico will suffer losses :'(

Now the social media scam will stop and only the real ICO will get good promotion but it will hurt the most of the ico prospects and success and their investment will also get lowered

Facebook banned all advertising for cryptocurrencies because they are frequently or deceptive promotional practices. They want people to continue to discover and learn about new products and services through Facebook ads without fear of scams or deception.

Now We do not know the real reason of mark zuckerberg forbid advertising about cryptocurrency in facebook app. Many regretted the decision that has been taken and hopefully the facebook will provide positive news as soon as possible.

More like Zuckerberg banned crypto currencies and ICO ads in his site so the competitors of his own currency will easily capture the whole Facebook community. Well if their currency was made and there are a lot of other crypto ads circling the site, it may distract their possible users. I think that is a common strategy in the market.

ICO ads do not generate anything, this may be a loss for the Facebook boss.
Or instead mark wants to make the ICO Project, all this because of the money.
Facebook does not want to miss

I already argued about this being the panic reaction to the most nonsensical and unimportant thing in the world. Ads on Facebook. Really? Does anybody consider them really important, does anybody actually click on them?
I would block them totally, if possible.

In any case, since the crypto world is prone to phishing attacks, it is only logical that the creator of Facebook wants to protect his users and his reputation by not diverting anyone directly to the potentially dangerous websites. Scam platforms can advertise themselves in the same way as legit platforms.

It is better to invest your energy in something else. For example, finding a strategy to take the advantage of the current situation.

Am sure someone is working really hard to take advantage of the current facebook ads situation..you will see ;D

Oh, that is quite possible, I agree.

Facebook vetoed severally advertising with cryptocurrencies whereas yourselves are year after year achievement wrong promotional practices. I would fain do Everyman against windlass against witness unoriginal absorb within reach ab ovo products unoriginal services zapped Facebook ads wanting zeal with respect to scams achievement acting.

A lot of projects ICO throw its depositors. Therefore, some advertising should be banned. :)

I don't understand how facebook promotions directly affect bitcoin price but it sure does affect the whole crypto community. Several ICOs utilize social medias to promote and banning these crypto promotions in facebook may have a negative effect on ICOs. Although it may reduce spamming, it will also reduce the chance of good and legitimate coins to be bought by investors relying on facebook updates.

The news is not very pleasant! I participate in bounty companies, and now I see how they block my posts on facebook! Then it will be even worse, but in principle, as expected! I've always treated Facebook very badly! But after that, I realized that it was a very corrupt office.Of course, behind these news are very influential people who want at least somehow to restrain the development of bitcoin!

Facebook has created some rules for cryptocurrency advertisements, and if they follow, the post will not be banned. It is normal if you make spam, it will banned.

You can see this post if you want:
https://bitcointalk.org/index.php?topic=2855465.msg29355642#msg29355642 (https://bitcointalk.org/index.php?topic=2855465.msg29355642#msg29355642)

Facebook is created to connect people and not to make spammy posts, so it's just appropriate if they banning those cryptocurrency ads that made the site a spam-spreading site, there are lots of cryptocurrency related forum where they can spam their crypto-related post.

Why are you pretty sure about the government is behind this scheme banning crypto ads? I am not sure about this but it might be wrong because facebook is independent website so no government can control them about what they want to stop and what they want to do.

I think that is a good move because lot of scam ICOs emerging these days.they promoting their ICO in facebook.facebook is one of the major social media platform in the world.so lot of people using it.some people may trap in to that scam ICOs and they will loose money.and facebook will lost trust among the people.But crypto currency emerged before facebook introduced ads.and the banning crypto ads is not a big deal.

I think Facebook takes itself far to seriously and the current round of censorship regulation are in fact driving away account owners. Having seen this proposed ban I can still see even today Featured articles for crypto so what is the actual truth on this matter?

Are the still allowing crypto advertising but just banning individual Facebook members' posts?

facebook bans cryto ads.it might stand as a good thing to the market in such as giving the BTC market stabilization and blocking the community from scams.but i think they made a way for you to still like and share with the right spam so ur account will not be banned.

Good move made by Facebook. Fraudulent activity is getting more rampant in social sites they did this for security reasons.

That's how foolish people are facebooks ads hardly matter, facebook new alogorotum makes all pages and ads disappear and if you don't know facebook marketing is on the decline. Instagram is the new best social network to market oneself and that's what most people are doing. So facebook banning ads was not even such a big deal until people made it look big.