Bitcoin Forum

First was banning crypto currency ads specially ICO's.
https://cointelegraph.com/news/facebook-bans-cryptocurrency-ico-ads-because-of-deceptive-promotional-practices (https://cointelegraph.com/news/facebook-bans-cryptocurrency-ico-ads-because-of-deceptive-promotional-practices)

We know its reason is to stop the scammers and also for misleading advertisements. But there are also good ones that are affected with it. Scared investors will withdraw if they see it came from a trusted or powerful person/company.

Now, #deletefacebook came. Looks like he found his rival and is somehow giving him a hard time.  ;D
What are they really? Fame whore? Facebook have been shaking the internet consecutively now. What is the purpose behind all of this? Is the money that he is receiving not yet enough from advertisements and now he wants to look cool?

https://www.theguardian.com/technology/2018/mar/23/elon-musk-delete-facebook-spacex-tesla-mark-zuckerberg (https://www.theguardian.com/technology/2018/mar/23/elon-musk-delete-facebook-spacex-tesla-mark-zuckerberg)

What else must the crypto world face being dragged by this? Of course we are affected, we are talking about the WWW where crypto is injected and cannot get out and we need those advertisements as far as we could to reach out those people that haven't heard a word about crypto currencies.

Facebook adverts are not only way of advertising, don't forget there are other ways too. Even if Facebook bans ad's of crypto forever, it is not end of the world. Good projects will come out on day light just the same. Maybe a bit slower, but they won't be stopped by Facebook. Those that are stopped by it, maybe they didn't deserve to be known. Good projects with good reputation will come out sooner or later.

I am not using facebook very often,nor twitter so i dont really know what the heck is with these sites? i stopped using it a long time ago wayback 2012 because theres much spam and nudity back then,not interested to it anymore because theres no informative things in the sociamedia platform,most of the news are fake.I have heard facebook isnt getting what they want anymore,the users are starting to be inactive compare to the previous years.

Followed by Facebook and Twitter will prohibit the advertising of crypto currency. The Medium also blocks the accounts of those authors who write about ICO and the crypto currency. We were surrounded on all sides. Advertising projects is becoming more difficult. Who is next? YouTube?

It is not the end of the world that social media ban crypto ads on Facebook and Twitter. Those ICOs will find a new way to advertise their projects through other channels.

This could be one of the reason for their recent activity in the news.
They may be losing a lot of users. Somehow it gets boring already. It became like a news feed for those who cannot afford to buy a diary.  ;D

Even there's a lot of problem facing by the cryptocurrencies for advertising in facebook, theres a lot of site that cryptocurrencies can  be accepted as long they open with it. as long it is not cause of for getting scam. cryptocurrency can be known not only in social media a lot of people can say it to seminars also for the relatives that who has experience in the crypto world. but the problem is like if the country is open for crypto so many country is against about it.

Damn, their stock has tanked hard. Is this all due to this recent events? Is Elon Musk trying to take down facebook? :D

It is not impossible for YouTube to forbid ads about cryptocurrency, after all YouTube is Google's property now. With so much new projects, comes a lot of scamming ones. Its no wonder that big companies doesn't want to lose their reputation because of some scam project. Those legit projects will turn to other places for advertising. This changes nothing, only people that know nothing about crypto will be affected by this kind of news.

Facebook had been selling user data illegaly and is facing lawsuits, the fines could ruin the platform financially.

If you are a legit ICO there is no reason to be afraid off. Besides Facebook and Twitter are not the only Social Networking site or Advertisement that are available. There are many ways to advertise it to reach the public awareness. I know many ICO that doesn't deleted by facebook, I think the one they are deleting are a shady ICO that has a complain and didn't comply with their rules.

There's actions to ban crypto ads does not help them, people now wants a real platform that would should real transparency.
When that news came out it has created a dump but crypto is strong now so it was able to bounce back.

Soon, we will have our social media that is based on blockchain and will be more popular than facebook.

great ideas, social media based on blockchain have more popular potential than on facebook or other social media. everyone happy to get rewards, see what steem has done and I'm sure this is not the end of everything.

I would not be surprised if someone try to make social media based around blockchain. But even if that happens, it would not be more popular than other social medias like Facebook. But why do we need social media about crypto, we have this forum. I doubt there will ever be social media about crypto. Social medias are cances of our community,  and they shouldn't be connected to crypto.

That will not go away, you can not worry, the one who wants to develop and make your product better will find another way. So I think this is the right step, protection from all kinds of spam, there is transparency and the strongest market participants.

I guess, Mark Zuckerberg just want to run his own crypto. And he doesnt want any kind of competition to promote his crypto through Facebook. I could mistake. Anyway #deletefacebook

It is not the end of the world if social media platforms somehow ban the ICO advertisements. At the end, the more money you put in the more ranking you get for your ICO. This has to stop at some point and it will be better for newly released ICO's to rank high organically.

What I'm going to say is only speculation, I don't have any kind of evidence for it.
I have heard from a friend that Peculium wants/will sign contract with Facebook. If that is correct than, your theory could be correct... at least partially. There could be some bigger game involved, which we can't see.

After the #deletefacebook, shares in stock of facebook fell heavily. Perhaps he will cancel the ban ICO in june 2018

I believe that the whole #deletefacebook fiasco is because of their data harvesting and gathering through unethical ways. More of a privacy breach than anything, nothing to do with cryptos I think.

They will cancel ban eventually, that is almost for sure. I mean, which company would refuse income, leaving ban forever would be insane move. I can understand why they banned it for now, reputation of company is important thing. But I don't see why they would ban it for good, unless we don't know the whole story (which is always the case). Facebook will survive even without crypto ads, but #deletefacebook is real threat to it. More and more people support their idea.

oh no.. thats too bad for cryptocurrency because when we can share in facebook about cryptoworld we can also endorse or actually we can encourage other to enter here at cryptoworld. i hope we can do that in other social media account like instagram Twitter or its nice to have an social media that only about in cryptocurrency like bitcointalk

Keep moving on there are a lot of social media sites where we can still advertise ico well in other way Facebook is helping ICO to be known faster because many will get curious about Crypto currency as well for banning ICO ads.

I don't think it'll matter much since most people are already deleting their facebook accounts, i doubt them bringing back ICO ads would help resolve the issue.

I think Facebook's goal of banning cryptocurrency ads in its social media networks is because many cryptocurrency advertisements are associated with misleading promotions and companies with no good intentions, let alone many advertisements that offer cryptocurrency products that are not clear.

there are too many place to advertise ICOs and facebook, Twitter and Google are only few.
Yahoo isn't banning ICOs so that's an alternative.
this forum is the safest or ICOs bed of roses advertising and promotions because almost all members in this forum are crypto enthusiasts that's why signature bounty campaign mostly has higher bounty pool allocation because the signature we are wearing will catch the attention of potential investors and supporters.

Yes and I saw one ICO now that will focus on that. I just forgot the name of it.  ;D
Focusing on advertising will be their service because of what facebook did to all the ICO starting companies.
Success is what I hope for them.


Well I guess you are just like Elon Musk who didnt know a think about those social medias until recently.
They have been big companies that are worth billions of dollars.


What? I dont think Medium will do that also. That may have a filter for this for those scam ICO's only.
I will try to check this. Thanks for informing and hope it is not to happen.

Edit: None about Medium yet but this could be a good read.
https://austinstartups.com/medium-need-to-ban-stories-about-upcoming-icos-and-cryptocurrency-manipulation-7ad9f936bb5c

A filter will be good but banning everything is just too extreme. There are still genius minds out there that can really make a change.

I too believe that the Facebook ICO advert ban was harsh, they should have just set additional requirements, e.g. must have a legally registered company, must provably comply with anti-money launders and know your customer regulations etc. There is no need to lay down a blanket ban, and since the negative publicity they have received, hopefully their business goes down anyway. #deletefacebook <- Already did, as soon as I read their data collection rules.

Deleting Facebook been going on. Most teenagers that hear of Facebook think that it's for old people.

It became a newspaper. (news feed). My brother told me that and it really made me laugh.
I guess Zuckerberg should create something new or he will be left behind just like friendster.  ;D

The cry of the soul or what,maybe it will have an effect,but if after Facebook and Twitter has already imposed restrictions on advertising cryptocurrency,I think it will be a drop in the sea, unfortunately.

Guys, new blockchain projects are already being developed which are real competitors to the popular social media, and many of them are specificaly for advertizing and ICOs... for those who say that we are surrounded from all sides: it seems that you don't believe in what you do yourself. Just imagine the opportunities of decentralizzation and don't worry!

But, do not forget that in Facebook to find a large number of users, this is a worldwide network, when compared with other social networks

Will,all of this we face and encounter this previous month the banning of ICO in some different countries and now the next we encounter,the probihition of cryptocurrency in doing advertisement in facebook,google and twitter,but maybe all of this coming problem now  in digital currency they have now a come up solution,before its implemented in this coming several months,and we hope that this ban of facebook is terminated and not implemented,because we already know how important the facebook in advertising about cryptocurrency,and not deleting the facebook is the main solution of all this chaos happen in crypto world.

It's not just facebook, twitter and Google that restrict the advertising of ICO, so there's no need to be too specific about facebook.
Because, in my opinion, ICO is too chaos, so to a certain extent is normal,

Yeah, as what I have seen now that three websites are banning in ICO's ads they are deleting it, not only facebook but also google and now recently also twitter. Maybe those post or tweet that look like spam to the public they are mostly deleted on it, yeah maybe there's one reason in crypto's now chaos in cryptocurrency is maybe one factor of that.

Your statement doesn't prove anything. Facebook have large user base, but its not only place where crypto could be advertised. There are other social networks that are almost as strong as Facebook. But even if all social networks ban crypto ads, do you really think people will stop buying them? People always find a way to reach other people, why should it be any different with crypto. Also I believe that this ban is not permanent.

I guess Mark Zuckerberg also wants to join the crypto and he will probably launch his own coin.

The blocking of ICO advertising and cryptocurrency is not the end of the world.  There are quite a lot of services and Internet resources that will advertise crypto.

Facebook is not the only social media platform that we can advertise cryptocurrency and at that Facebook banning ads which are crypto related is just a bit out of Lot's of other medium to advertise cryptocurrencies such as Twitter and all other social media and the rest of them all.

Currently they forbid Crypto to enter their platform, but I also see their Crypto be accepted back by them, but if they still refuse Crypto will bring up a bigger and fresher platform from them.
So do not worry about the ban made by facebook and other media because every year Crypto will be attacked by various negative issues, you can see again how the drama in 2017 after China BAN crypto and they also swallow their own saliva.

First off, I don't think YouTube would be next because many contents have really been prospering in that platform. So many seasoned users share their knowledge about thec cryptocurrency market, so that platform is on the safer side. I think the reason why Facebook and Twitter blocked advertisements related to the cryptocurrency market due to the fact that many contents are actually useless contents and are only posted by some to have a post counted maybe for bounties, and that leads to complaints from users who are seeing those trash contents. Because if not for that, I am sure that those platforms would like the traffic they are getting from the people who check and do postings that have good contents.

I think this news has nothing to do with cryptocurrency, it's about politics in the USA. but for the twitter issue that will banned the cryptcirrency ads I think it will have an impact on the price of crypto in the market

In the eyes of non-crypto people, all projects are somewhat the same. So a negative news to one, affects all the others.
On advertising, there's still social media. Even if without paid ads, we can still spread awareness/education.

That's right. I think that those social media platforms would find and incorporate others means and ways to use the cryptocurrency market to their advantage. It's profit after all, so anyone would surely leave a space for it to come in. What I am saying is that, even if I don't know the reason why these social media platforms have to ban cryptocurrency-related ads, they would not let an uprising and legitimate business just slip their grasp and just not be a part of. Facebook and Twitter live by the traffic they get from people, and I am pretty sure that the number of people who login for the sake of knowing and learning about cryptocurrencies is a lot.

If it is a good ICO they will not get affected with this because there are many ways to advertise their ICO. Ot is lo a good step to clean u the mess or shitcoins in cryptocurrency. It is time to regulate ICO to avoid more scammers to made new coins everyday.