Bitcoin Forum

https://www.cnbc.com/2018/06/26/facebook-is-reversing-its-ban-on-cryptocurrency-ads.html

Great news and a very welcome first step to return to normality.

Of course that the scams should be filtered out, I don't think anybody would complain (except the scammers of course). I guess that this was expected from start.
And I agree that finding about an ICO if it's scam or not may not be easy, so their "admission" should come as a later step.

This might actually have a positive impact on the Bitcoin price which has been decreasing for some time now. I'm not surprised that they have decided to lift the ban. They were probably earning a lot of money on crypto related product advertisments. What about Google? As far as I remember they also banned cryptocurrencies ads. I know that they were really misleading in most cases.

being allowed on social media like Facebook could be a game changer, i guess.

this is a really good news. I hope cryptos start again to grow as it was in 2017.
finally facebook decided to lift the ban. I wonder when China will do the same and google as well.

Facebook is doing the right thing. They have to go through Facebook's approval to issue ICO ads. This is a good signal, which means that those scam ico ads will gradually decrease in the future.

Nice information and happy to heard this good news hoping this good news help bitcoin and cryptocurrency to increase their price in the market place.

The community of this forum and all bitcoin ethusiasm this news gives moral stronger to them and continue to support bitcoin as currency.

Absolutely right this is great news to again Facebook approved ICO Coin ads.i hope that Facebook will again give them support Cryptocurrency ICO promotion. Actually ICO promotion need to Facebook social media, it's help beginning for the ICO promotion.

This is just advertising, they probably felt that they were losing a lot - it's their income. I do not know anyone who will voluntarily reduce their profits.
ICO to advertise, because they will be guilty in the event of any fraud - are afraid.

so who is going to advertise?

i can't remember seeing any ad anywhere that wasn't an ICO back in the day. i guess what you have left is services like exchanges but most of them have little need to advertise. i'm curious to see what pops up.

It's not going to change anything on the price, It will just give another source of advertisements for the companies but thinking it will boost the price is just fancy. Its' not like if HSBC, BOA and JPS Morgan decided to accept Bitcoin deposits.


Some local services and startups were doing great with Facebook ads, but yeah of course the established don't need it

Ya they have lifted the ban but only for the cryptocurrency which are listed and trading not for new ICO as still new ICO are banned to advertise in facebook. Read full information as they have initiated a form where a cryptocurrency have to produce the licence of project and give details about where it is listed and traded.

So i think it wont affect much on bitcoin price as the ban is still for ICO and initial coin offering is still not able to advertise in facebook.

But until now we have not seen any increase in the price of the information, on the day cryptocurrency market has decreased some percent. The decision by Facebook to revoke the advertising ban on cryptocurrency is likely to create a cryptocurrency itself. We can not dismiss this is good news, hopefully the future of other companies and even countries that previously prohibited cryptocurrency will revise again to accept or could be neutral to utilize cryptocurrency.

It's a good start towards a global awareness about bitcoin and crypto, and as we all know, the bans from Facebook and Youtube about crypto ads didn't really affect much of the market but rather caused a small panic towards newbies that didn't last long. This will be a good leverage for crypto users to let other people know that bitcoin and cryptos are slowly and gradually being accepted in the society and even the higher echelons of the finance and tech industries are starting to give their share. I just wish that they still filter shady ICOs on their adverts and just publish the legitimate and promising ones.

It can only be a positive thing for the price of bitcoin. I think in general tha age of Facebook users is much older these days, and they are cashed up yearning for ways to invest their money. If we can appeal to them via facebook or other mainstream channels it can mean some fresh blood in the crypto arena.

hopefully they don't just lift the ban. hopefully they also add some sort of extreme filtering method to prevent the mess that was going on before they banned them.
they need to disallow most of ICO advertisement and all of the scam ads pointing to fake wallets and viruses. otherwise in a couple of months we will be back where we started and they have to ban them again.

this is a great news now the bounty hunters can work again in facebook because past few weeks all repost in some bounty page will be mark as spam and no choice than to delete the post, this is a great opportunity to bounty hunter and to the ico too.

it sounds like genuinely awful news. more worthless crap for people to wade through that brings nothing worthwhile to the world. i presume most of these guys are just spamming at each other so there's no material gain for the projects themselves.

he is likely to become as corrupt as its possible.

regards

That was to be expected honestly, they were probably losing a lot of revenue from legitimate crypto-related services.
The fact that they're still banning ICO's and binary options is understandable, just too much scam going on there to sift through everything.

Let's hope Google will follow suit soon, or they're going to lose a lot of revenue to Facebook advertising.

This is a very great news! If im not mistaken when they announced that the facebook will ban the crypto theres a dump happened? I hope this news will change again what happened before. I hope this great news will continue and some country allowed the crypto too because it will change the world someday.

did the european central bank bribe itself an account to legendary and 1k merit?

this looks ridiculous.

no. it earned it by passing the account between its employees. all of them have to post on this account for half an hour once a week or they lose their pension and credit rating.

This is great new in crypto space I think the banning of crypto ads on facebook and also google will make people think that cryptocurrency is just a scam. With this reversal of crypto ban means a lot to the crypto people. Facebook just need to filter those scam ICO that will just ruin the name of cryptocurrency.

Good to know there has been a reconsideration on their ban on cryptocurrency/bitcoin ads. I did got banned about a month ago for 24hours on the Facebook platform just for the reposting I had made; even though I couldn't really pin point the exact post that caused the ban! All the social media platforms should have a fair regulations and not an outright ban as anticipated before now.

It is reasonable for Facebook to ban it but this is way better. There will be more chance to introduce bitcoin and other digital currency to people.

Who will judge? How can you determine that this ICO is created for the purpose of fraud? Can you do that? How will Facebook specialists do this? Every cryptocurrency user knows that all his investments have a large speculative component and are very risky. The duty of advertising is to introduce you to the project and risk assessment is your responsibility.

this is a good action,  because the scam project includes factors that can make the crypto market more damaged.

and I think the ICO based products and financial services that cause a lot of fraud and also harm the investor.

this is more like bad news rather than good one in my opinion.

first of all it proves that the ban had nothing to do with bitcoin price drop otherwise bitcoin should have risen above $7.5k because of this unban news. this proves yet again that this drop has been a pure manipulation

second of all it opened up way for the same scams to come back and continue their work on Facebook platform! so nothing is going to even change.

I wonder what their requirements are going to be like, would be a shame to see all those scam ico's back in the spotlight.

January ban was lifted but it was restricted only for the crypto ads which are pre-approved by Facebook and the deal is ICO's are still restricted to promote their own project so not all of them will be given the opportunity to advertise read the full article, I hope Facebook will truly refine those scams from legitimate platforms, frauds already incurred some damages to crypto.

This is a very nice information to hear. This draws the curtain that Fcabook will surely bring out its coins by all means

The only thing they should have banned is ICO ads as those were the only projects that were turning out to be scams. I think they realized that crypto industry is too big and has a bright future and by banning it they are turning away from so much revenue they could be making from it instead of making nothing with it.

facebook ban btc also true, because there are so many scams ICOS, form running ads to reach users.

I think the trial time for bitcoin and crypto currency is coming to an end and that will mark the beginning of market booming. Very good news  indeed and I strongly believed that  all other countries that have partially ban crypto will reconsider and make bitcoin and other altcoin legal.