Bitcoin Forum

It's no news that Facebook has placed a ban on crypto ads on their platform due to scam
What do you think is the solution to this?

Why do you need a solution to something that if generating loss to facebook, would have competent strategists resolving the issue.

Facebook has no solution to ban crypto ads. Facebook is a social site where everyone shares their views. Crypto is a different world, Facebook was banned for any kind of conflicts, interference. There are other crypto websites on which advertising and related news are available.

Self-regulation by the community, the investor community demanding higher standards of proof of identity not on our side but on the side of the organizers of ICOs... but this has its downsides. There's no perfect solution except for people that would do their own research and think for themselves but I don't see that happening.

This!
Regulation and KYC will make ICOs less accessible but take them out of the legal grey area. Apart from that I don't think crypto needs or will need Facebook for ads. Fb will come back sooner or later if there is a solid legal basis and money to earn

Ignoring crypto was a bad start for facebook. People have started to realize how unsecure and risky is trusting Facebook with your personal data.
Starting 2020, Facebook would decline in favor of some decentralized social networks.

Facebook doesn't count the whole crypto as a scam. The adds were blocked by facebook and google, because the most of ICOs, for now, are scams. IT HAS been done in order to avoid the people. loosing here money and then blaming Facebook in this. When the scammers will be gone, it won't be any blocking by FB or Google

I can still do some other things with Bitcoin using facebook. The thing that facebook bans is only the advertisements in Bitcoin and not on other else.

Only facebook can solve this solution, if they lift the ban then the problem is solved, but cryptocurrency is now very popular, there is no need to advertise on facebook because people can post about cryptocurrency and it never gets deleted, that is why there is still facebook bounty on evey ico campaign.

It's their platform/social network so there's no solution for it if they want to ban crypto ads.

The crypto companies that are longing to advertise massively can simply leave that social media and look for a better place for their advertisement and discussion. But I think facebook may soon lift that ban if they have launched their own crypto.

Exactly, This is what it happened, we can use our bitcoin in facebook without any problem, the only problem is facebook was restricted the advertisements in bitcoin. I think sooner or later facebook will start to support bitcoin and crypto if they see that crypto world grow more in the next few years.

LOL, this is not "generating any loss" for Facebook! they just give the same space to some other company that is legit and get the same payment. it is not like Facebook ads lack demand!
this ban helped them get rid of  the headache of all the scam ICOs that have been advertising and fooling the newbies using their platform.

Crypto ads doesn't need facebook. There are many dedicated places crypto investors would look for and restricting the crypto ads had brought much more popularity and attention than displaying them had garnished. Overall, as long as they don't ban crypto accounts from their platform, sharing would forfeit the ads display.

Just ignore it. They are many SCAM ICO ads and it will make more people baited to invest their money in SCAM ICO. So, I think it's doesn't wrong for fb ban crypto ads.

There is no actual solution on social medias who are banning cryptocurrency advertisements maybe the ceo of facebook which is mark zucker berg does not want ico's to use facebook to promote their cryptocurrency business because some of the companies are fraud or let say monkey business.

I am seeing the advertisement of different ICO projects on facebook from a few days on their official ads space then how can we think that facebook has banned advertisement on their website. A few hours ago I opened my facebook profile and I saw the advertisement of crystals ICO. I do not know that what has happened after that ban as people here are still saying that it is banned and on facebook the ads are available.

With facebook blocking the ICOs, the demand for Facebook campaigns would increase. As expected, the allocation for Facebook campaigns has been increasing and if you log in to the bounties section you would see that Lauda has brought a campaign with around 30% allocation for twitter/facebook.
That is a lot because most of the twitter campaigns only used to get around 7% bounties and that will eventually increase. So bounty participants are their saviors.

Facebook banned crypto basically because of scams. So I think if there is any way of differentiating between scams and actual ICO's then facebook can withdraw the ban from crypto allow advertisement on cryptocurrency.

I don't think there's any specific solutuion for this. What Facebook did is good for the community because many scams were spreading through it. Probably, in future the bans may get withdrawn.

if indeed the purpose of facebook to eradicate the scammer, then I agree with facebook
but these past few weeks, I found a crypto ad circulating on facebook
and I think, facebook does not completely ban the ads with crypto content

facebook banned paid advertising of cryptocurrencies but still we can use Timeline advertising and we can run own pages and gain likes and use Facebook group advertising

Solution to it is only advertise your ICO on cryptocurrency focused website or directly buy ad spaces from one of the well known platforms like bitcoin wallet, myetherwallet, blockchain explorers, coinmarketcap etc.

Whatever trick you might use to fool facebook will get detected and they will ban your ad so don't totally depend on facebook or other social media. Focus on websites that are quite known to cryptocurrency enthusiast.

I think facebook will ban crypto ads is old news, and I get that the news is true, and the detail information is that Facebook only minimizes to avoid crypto ads from fraud.

even facebook has plans to create crypto. and that is good news.

for me, i think Facebook just need to follow the current of the crypto and blockchain, and not necessarily against the current.
however, blockchain and crypto is one of the technological revolutions, if they still want to fight it, I guess they really do not want to flourish

Crypto community don't need Facebook ads.
Facebook doesn't need to advertise ICO's to survive.

I don't see any problem here to solve... Could you elaborate?

For the record, ICO's should have a more thorough ID Verification to get advertised by Google and FB

If i'm not wrong crypto facebook are already resolve in the latest update facebook company is create their on coin use blockchain technology, because they understand well the importnce of virtual currency how to help the economic growth and how to earn huge profits from the new digital currency hoping someday all popular web company follow the footstep of facebook make their coins.

Facebook has previously reported that it is prohibited to advertise bitcoin in any form. But then advertising coding still happens. Facebook has a rapid spread of speed. But use facebook to take information should also be careful, facebook time has revealed information and user password.

The crypto community has nothing to regret. Facebook is losing money from crypto ads. There are other social media sites that are targeted for crypto ICOs. They can take the place of Facebook and we move on. Thanks

Basically facebook banned this because of they wants to develop their coins that’s why but its not a matter of fact because crypto market also have sites where you can view adds based on this it never effect on coins because both are different things based on concept.

Facebook has placed a ban on the crypto currency ads on their platform regarding scam. I think this was a bad work for facebook. But other things can be done with Bitcoin using facebook. The thing that facebook bans is only the advertisement in bitcoin and not on other else.

I think Facebook has been bound to ban crypto ads. There are so many ICOs are launching everyday and most of them are purely scam who were using Facebook as a media of promotion. And facing some scam case, they banned cryptos. Through the decision, they can not provide anything good to the community, but they have stopped the promotion of any scam. 

This is still a surprise to me that Facebook has ban crypto related adds, because i still see some crypto projects advertise on Facebook. Bounty hunters are also using Facebook to promote ICOs.
In any case, if Facebook bans crypto related ads, there are still very good platforms where crypto can be advertised.

If crypto doing well and they get market acceptance then I think facebook wants to connect with crypto. In recent times it will happen. Because day by day cryptos popularity increasing. That’s why cryptos need to maintains their performance.

I am confused about your question! What does mean by The solution? Facebook banned crypto ads from its platform entirely. After Facebook, Google followed facebook's steps, Then Twitter is preparing to ban the crypto ads, and now Medium has prohibited The crypto related article, bounties article etc.!

If I need to find a solution, then I think Crypto needs an own decentralised platform to spread its ads and topics. And, I assume that will be a new revolution for the crypto.

Crypto has its own solution but it's still lack of developer or the project runs by incompetence person. There is no solution for those are banning crypto. OP doesn't even know about what he is talking about and then i would not feeling surprised about that. OP just creating this thread to increase the post count and it was definitely true.

the best solution is to avoid facebook since they already banned crypto ads, instead you can use other social media platforms such as twitter , youtube , etc in order to promote ico ads and campaigns . There were also lots of forum (crypto forums ) online that always allow crypto advertising amd i guess these are the best way to promote a crypto project because most of the users were also crypto users.

personally I think, if Facebook does not count the whole crypto as a scam. Adding is blocked by facebook and google, as most ICOs, for now, are fraudulent. That time many people have lost money and then blamed facebook. hoping in the future we will be kept away from the scammers and no longer blocking by FB.

I think facebook is not banning everything about crypto. Its the victims of scam they care about. Most post are just spamming and others are scam. It is hard to identify each post if spam or not. Facebook is public and I do not think that crypto ads will be totally filtered and banned.

just forget it if facebook really do banned crypto from their page, we have other option like twitter, medium, steemit and instagram, we can start worrying if all of them do the same thing like facebook, banned crypto.

Finally, it is worth saying that the crypto-market really needs some sort of regulation in order to keep the fraudulent projects and authors in check. However, the solution shouldn’t be autocratic – like that of Facebook – but use the power of decentralized technologies instead.

I think there is no solution regarding this. Facebook takes the decision whatever they want and we cannot tell anything about this to Facebook.

Does it mean that FB now ban the crypto? All about crypto or the spammers, illegal ICO< and scams ICO that spam out the spreading and promotion on Facebook? For, I see some good ICOs still us ethe Facebook as one of the media to spread and promote the ICO.

Wait until Facebook withdraws the prohibition, there is no other solution. Anyway this only affects you if you want to promote your ICO, otherwise the decision of Facebook doesn't affect you in any way.

We cannot do anything if it is so. What we must do is never make spams or scams ICO that are promoted on the Facebook. I still feel sure that Facebook can still accept the ICO that is not indicated as scams. In fact, many ICOs still use the Facebook as one of the promoting media.

actually facebook is a good plaform to promote a project. because there are also many investors who use facebook to see a good project. but with the news that the facebook ban on crypto ads it's bad news. because one of the good promotions that is through facebook. I hope the government can understand this situation because not all ico is a scam.

There is nothing to do it is their platform and they can choose to do whatever they want, while I would like to see crypto ads on Facebook again we need to recognize that things were getting out of control, and at the same time it is possible this is a strategy by governments to try to slow down adoption a little bit so there is nothing you can do to change their mind.

Nice concern about this. But we must blame facebook about that because its true that facebook and crypto world has big difference.

This may not be fair but facebook has the right to do so. There maybe no facebook ads but the there individual posts about ICO's I see. This is a social media in thier wall and this is allowed I think.

It's their loss in the long term but are you still able to post crypto related posts? If yes, then that's your solution. I don't have fakebook so I wouldn't know if it's still possible. There are other media like telegram, twitter, youtube where you can still post crypto related information.

As i know Facebook really has placed a ban on crypto ads on their platform. But your posts on your account is not advertising. This is just information which your shares with your friends. FB ban if see suspicious activity on your account, spam,  offense other people and so on.

I don't think how they will find out crypto related topics, we can post anything in our FB wall people told fb already banned crypto ads but still where ever i open my fb account in desktop i am seeing crypto related ads i think it's all fake news and if they ban means we have many sources to advertise like you told youtube, telegram etc.

Facebook is not able to completely ban cryptocurrency advertisements, because there are some advertisements they can hardly identify as cryptocurrency-related, but the prohibition of ICO advertising I think Facebook can do.

I do not understand the leaders of these sites who make bans in their social networks. In this way they lose a very large audience. Even if they ban advertising, the development of the crypto industry will not end there. The most competent solution in this situation is to introduce certain requirements for ico projects. It is necessary at this stage to cut off the maximum number of scams

Facebook is one of the best social networks around the world, because there are a lot of national people who sit and exchange opinions.

A new social network focused on a certain circle of people and their interests. In this case - everything that is connected with the crypto world.

 Crypto adverts would have generated Facebook more money but if they decided to remove it I think they know the best.  I think there is an underground tone in what Facebook has done which we might get to understand it later. The alternative is to look for other social media networks that would accept crypto adverts.

I am sure that Zuckerberg will never give up income on advertising crypto products. He's been in a lot of trouble lately. Besides, I don't believe in him. I heard that Facebook is considering the possibility of issuing its own cryptocurrency. The Rothschilds also said that they will never invest in cryptocurrencies and now buy coins.

That's right. From Scam only you yourself can protect. No matter how Facebook tries to deal with such methods of fraud, it will not help.

I don't thinkone can profer a solution to a company as big as facebook, the thing that I know here is that if this is eating into their revenue generation they will likely revies this stance but if not they won't. I din't think that Crypto ads revenue is that huge, that is why it is an easy decision for them to make

Well Facebook itself is at a loss banning the crypto ads and I think we the facebook users can use the other facilities of facebook other than the advertisement for the publicity of crypto.   

Since the facebook is one of the biggest social media network and recently they banned the ads of cryptos.
I think we can infom other without using facebook through talking with them directly.

Easy to get around, I see crypto ads all the time.

I still do facebook bounty but my posts are not deleted. I don't understand if it was banned initially or it was just a rumor to spread fud around and if it happens bitcointalk forum is enough to learn of cryptocurrency.

the facebook ban on crypto has no trappings or capacity of standing for a long  time because the facebook community will soo (my instincts tells me ) rool out their drums for ICO and then it will be a twist of faith for them

Around the world everywhere are advertised a lot of scams. And how it came to crypto currency they do not want to advertise. They are simply afraid of the potential of crypto currency)

Solution is WEB 3.0. Projects on blockchain like qchain it's decentralized marketing and advertising platform built on the Ethereum and NEM blockchains.

blocking ads cryptocurrency and blockchain on facebook I think not too big impact on the current state of bitcoin, Facebook should be able to accept the evolution of change, refuse crypto no profit for them. and instead of having to reject crypto, they should take part in providing solutions to problems in crypto and blockchain

What until facebook launches their own token, they will lift the ban on crypto ads soon.

IMO, Facebook banning ads related to cryptocurrencies cannot be issued immediately because it affects a lot of things. But the big possibility in the next time Facebook will ban completely ads related to ICO to protect users from the ICO scam projects.

Its hard for facebook to ban cryptocurrency ads because they are not lookong on it one by one but instead they are relying on user's feedback and AI to do it. Another solution I think if that thing is to happene is that we- the user of facebook can share their posts just like what we do on bounty campaigns.

Basically facebook banned this because of they wants to develop their coins that’s why but its not a matter of fact because crypto market also have sites where you can view adds based on this it never effect on coins because both are different things based on concept.

Still a lot of crypto ads on my facebook.

There is not really a solution. The problem is that Facebook does not want to be liable for people losing their money to scam ICO advertisements.

Agreed. Here, as always. Automatic control systems will hit too many. And manual control is impossible, because it is the most popular social network.

Unfortunately I have not found a solution. I would like to get know about any solution if there is any.
I do not like this facebook decision but it is their decesion which I cannot change. Maybe somebody will find a decision.
I hope that facebook will make its policy more soft in relation with crypto technologies and an advertisement.

This is still a surprise to me that Facebook has ban crypto related adds, because i still see some crypto projects advertise on Facebook. Bounty hunters are also using Facebook to promote ICOs.
In any case, if Facebook bans crypto related ads, there are still very good platforms where crypto can be advertised.

It is funny Facebook did this to try to protect the public from investing in icos that could be scams but since now it is impossible to pay for ads on Facebook for icos then they are going to put a bigger emphasis on their social media campaigns and it is going to be impossible for Facebook to regulate all the content in their platform, so it is possible icos become even more popular due to the measures taken by Facebook.

In my experience that even the goggle has stated to ban the crypto related ads but i can see that there is a lot of so many crypto ads still appearing right now. Or they can do that what ever they want because those icos developers have so many ways to be tried. Remember a lot of canadian countries have created a petition for that.

I think the best solution to the facebook ban on cryptocurrency advertising is the heads of this kind of business should make a agreement or coordinate to the staff of facebook to talk about this issue.

This is still a surprise to me that Facebook has ban crypto related adds, because i still see some crypto projects advertise on Facebook. Bounty hunters are also using Facebook to promote ICOs.
In any case, if Facebook bans crypto related ads, there are still very good platforms where crypto can be advertised.