Bitcoin Forum

So it looks like Facebook is once again changing their policies on crypto currencies (https://tipestry.com/topics/5cd562f5d774147570d8c561/facebook-rolls-back-its-policy-barring-cryptocurrency-ads). Is this good or bad for the community? I think in a way, it's good because it will shed light on garbage projects and bring investors to ones that actually deserve investments. What do you guys think?

I think it is very positive thing not only for the crypto currency market but for the blockchain technology as a whole because we have seen that most of the companies and businesses that were calling it scam a year or two ago are now slowly accepting the real world potential of this technology and now finally they are trying to use and implement it themselves which is great for the adoption of this technology.

Let them decide what they want. I think that if they decide to enter the market everything will be clear. If they blow out after competitors they will lose the market.

If the facebook back again crypto ads I think it will be big help to the community of the cryptocurrency because it can help to the community because maybe facebook user will invest once they see the ads. Maybe because they want to turn back the ads because they will create their own coins so it means now they are supporting cryptocurrency and they will not banned again crypto ads?

that website doesn't look like the most reliable source of information!
but if it is true and not a clickbait then i'd say it is a very bad thing because those ads have never been used to advertise actual projects. instead they were only used to advertise scams such as ICOs to a large group of unfamiliar people who had no idea what they are seeing.

I was overwhelmed when I saw this new. Facebook wants to get into the crypto space that's why they adjusted their policy on banning crypto ads. I think crypto and blockchain are gaining massive popularity nowadays, everyone wants to have a share of the cake. It's a good sign and the market is really encouraging, there might be a bullrun in coming days. 

I think with Facebook changing the rules about cryptocurrency for the good news makes it easier for cryptocurrency among the community and investors too, and for the bad news it could be that the rule is misused personally by someone who is not for the project to introduce a project scam or just for personal gain

good move for facebook , many rumour said that facebook gonn launch their own cryptocurrency, maybe that factor too that make facebook rolling back ads on cryptocurency,

 :)It's really good and a good news for that matter to see that they are rolling back crypto related ads. We need them to at least create more awareness concerning the blockchain technology

This in a way is good for the community. It will help crypto to reach more people which will be good for the adoption of crypto as well as the price. I guess they are planning to launch their own crypto and that's why they lift the ban.

This is good for us and crypto market. Facebook do this because they are running a crypto projects named Libra. This project, with the influence of Facebook, could attract billions of dollars and new big investors, institutions come into crypto market.

I think this is a very good policy and later can have a positive impact on the development of Crypto. Many people use Facebook so promotion in the media will certainly be easy to get a lot of investors. In addition, there are good projects to explain so investors are not trapped in fake projects.

It proves that Facebook has realized that crypto is the future. They can't ignore them no more. It's a large internet based finance which could be the best and long term advertisement revenue for internet based advertising platforms like Facebook.

If this is true I wonder what is what have made them change their mind, apart from the fact that Facebook could allegedly be planning the launch of their own cryptocurrency as some media say. In fact, this could be a good reason. After all, it must be difficult to promote the usage of something when you are banning it yourself on your platform.

It is not surprising at all especially when we all know now that facebook is itself developing its stable coin and also there are reports that they are already working on developing their own blockchain network behind the scenes so now blockchain and crypto is a fact which is confirmed by fb as well i would say we are just starting there are great times coming ahead related to use and adoption of crypto.

This is probably a PR stunt for their next centralized crypto. By allowing crypto ads on FB again, people will be exposed to cryptos and blockchain, and by the time FB launches their new coin, the general public will probably have a general idea of how cryptos work, and they'll waste no time in testing the new Facebook coin.

I just hope they've figured out how to stop the countless of scam projects that will start popping up in the future-

It's more than natural for facebook to have a different vision and approach when it comes to cryptocurrencies ads since facebook itself is probably launching their own coin. If that article is true, facebook will have restrictions on what kinda crypto ads you can post on their platform like it was expected.

It's no more use whether facebook change their policies and allow crypto ads to roll on their platform. The market even survived even without the help of their platform so it's just becoming another source of profit for them since they are allowing it again. And the irony is, there's a rumor that they will have their coin and they had banned their competitors through disallowing them to advertise on their platform.

Well, it is a good initiative and a welcoming development but that is if Facebook will be able to scrutinize all of those projects that will be allowed and assure investors that they are safe for investment.
Scammers should not be allowed to advertise their shady projects.

In general, it is strange to observe a ban on advertising from Facebook, when they themselves plan to create their own stable coin. Perhaps they will revise this ban later. Although the fact that a lot of rubbish that is advertised is now divorced, you are also right.

this will have a good impact on new projects. I think the Facebook step is right now, what's more now IEO is popular. so promoting a new project can be a little easier.

I think they understood they lose money and crypto is something unstoppable no need to ban ads for it no more and maybe soon ICO ban will be removed too and i think other soc networks will follow this as they cant let Facebook take all profit.  

The earlier decision took by them was wield to me, for uplifted the ban us welcome development, social media are met to create awareness specially in this digital age, I believe with this new update,Blockchain technology awareness using Facebook.

TBH I got mixed feeling about this.

To be honest it's upon people who actually should do a work on their own and make a decision whether they want to invest or not. There are also good projects out there so why snatching a good promotional way out of their hands?.

However I would still would be inclined towards benefits from this action after watching the upsurge in no. of scam projects these recent years.

Nor bad nor good. Facebook is the biggest social media manipulator, undoubtedly. They first decided to ban the crypto advertisements and they intend to create the new crypto for their own purpose. It is not understandable but I guess they want something that they can control whenever they need like XRP.

Pshaw, facebook.  Facebook is nothing compared to crypto.
So one meddling company regulates ads and you think that will affect our market?

Satoshi made blockchain to purposedly go around these mega corporations control.
Even after all these years people still wonder if crypto is just a fad or this forever volatile thing.

That is like someone in the late 90s saying that the internet might get hurt because a tv company decided not to run ads about it.

The underlying technology is game changing, even moreso than facebook.
It makes it possible for people to interact and do business, run organizations, all without a central authority.

So, nah, I don't think it will hurt or even help crypto at all.

Everything is always in the investors and if anything is going we do not force them for investment or selling if they wanted to sell or buy then only they can do it otherwise nothing will affect the market condition.

I think this is very good news for the cryptocurreny world. I believe that the Facebook has it's private plan. Since 2 years the crypto ads banned an then rolled back several times. As all we know that the facebook starting it's own crypto coin and this roll back time would be better for them as well.

As you know FaceBook is No.1 Social media and most of ICO's was running ads but FaceBook was block and now FaceBook is launching their own coin fb coin thats why Crypto Ads is allowing on FaceBook

Why did facebook ban the ads in the first place since they were going to reverse the decision?  I think it contributed to the drop in ICO hype, although it's come back won't really have major impact.

They are allowing it now because of the imminent introduction of their own coin.
If they will continue to ban crypto ads, it means launching their own cryptocurrency contradicts their stand in crypto.
So they are slowly accepting endorsements again from the crypto community to show that they are still in in this business.
The scope of their influence is very large. No doubt about that. So injecting the crypto concept is an easy task for them.
So once they are ready to launch their own, it is not a shock to their users anymore.

Crypto has been banned due to critical issues on China last time. But the stand now is different lots of authorities are favouring now crypto and this could be the reason facebook are now enetering this business. They are trying to raise 1B$ for this payment system but Im not sure if this facebook coin will be blockchain based.

crypto was banned on china  , yes i believe on that but i dont think that it is the reason on why facebook also banned crypto ads  .  i believe that facebook has thier own reason on why they do it but now its nice to see that facebook change thier minds , now they are now allowing crypto ads which was great because this can help the adoption aswell as the price to grow more evenly

If Facebook bans Crypto ads, it might not have much impact. And Crypto is still very popular today, even many people are now returning to the Crypto market. By marking the current Bitcoin price increases and the trading volume of all coins increases. But if Facebook does not now ban Crypto ads, that certainly has a positive impact on Crypto.

of course it a good news, if facebook give support back to crypto with allow crypto ads on it, im sure this is the sign of revival moment of crypto currency.

They will continue censoring crypto currency content, like icos, binary trading. And another contents like exchanges, mining sites will pass through a review process. In other words: only crypto currency ads they want will be showed.
Not a big deal.

if this is certainly true this is a good thing in crypto.
but what I know for sure is that more support for crypto will make it faster to grow.

I think it is good for crypto and for the market. Because all we know that facebook is the most popular and poweful social media all over the world. So because of that it is a great marketing for the crypto when facebook are giving an good or bad issue about every topic that they post on their profile or status.

Ah so there's probably one use case now for facebook coin. Those who wish to advertise needs to have facebook coins.

I just hope they set a better guideline and carefully select ads that will run in their platform.

It can be bad and good whatsoever. The good is, a project can get more people for them. The bad is, facebook cannot guarantee for its legitimacy.

I think its good for crypto industry. Ads makes people know about cryptocurrency or new project and i think cryptocurrency can be an alternative investment. Cryptocurrency industry growing more bigger and i think facebook wont miss the opportunity to take advantages by put an ads on their platform

It's a good one for me, so people can see crypto ads on facebook and more people will know and maybe interest to check that crypto ads. It's funny though, back then facebook was banned crypto ads but today facebook open and accept crypto ads. Maybe it's because facebook want to make their own crypto? lol.

Facebook has its own policy and i think everyone should respect that. As i can see it today banning of crypto Ads has no significant or direct effect on the crypto industry  when we consider it as a whole. Since there are plenty of methods and alternatives that anyone can tap for Advertising purposes involving cryptocurrency.

In my country, there are now no restrictions on Crypto ads because the government has supported it. This is very good news for all Crypto fans and will certainly have a positive impact on Crypto. The prohibition on advertising through social media like Facebook does not have a significant impact. And I think there is still a lot of social media that wants to advertise Crypto.

This news is very positive because FB reopened cryptocurrency advertisements to promote advertising globally, maybe the reason is that FB soon released a blockchain or indeed the cryptocurrency market is now starting to be believed again as an investment

I think is a good thing that let ads for crypto again, and on this way more people can see and more people will join the crypto world and this will help in long time to have a good market and maybe will not happen like on 2018 again.

This will result something good to crypto, and we are actually seeing it because the bull run has already started.
Facebook ban resulted big decline of the market, and it's reverse now resulted to a positive market,
we should expect more and this news is vital for this year's successful crypto recovery.

I've seen a good recover of the altcoins already, I am not watching the altcoins lately as they could also explode.

Very interesting. I see some advantages in this. Because now the real projects will come to the blockchain market, which will not be made from yesterday's ordinary people and today they want to change the world - i'm talking about skam projects.

In my opinion, the project and team that will be advertised on Facebook after 5/06/2019 for me to be more confidence in seriousness of their intentions to change the world.

I am waiting for a boom on the ICO/STO/IEO market.
- "We are becoming more and more". But I choose BTC.

Facebook is a huge platform with huge traffic and at this point where we are aiming for mass adoption, any publicity is good publicity. It only matters that people know the existence of cryptocurrency after that, they could decide if they are against it or embrace it.

Of course it is good news. More people now about crypto more people would enter the market.

Personally i don't like facebook but they have a massive user amount.

It's a good news of course and also not good , because there are Still lots of people that has not know more about cryptocurrency,  the ads will link them to know more and it will help projects in promoting their project also the MLM scheme might be more rampant because scammers might wanna trick those who don't know more about crypto into their ponzi scheme

For me is a very good news, Facebook displaying ads about cryptocurrency is a very good sign crypto is now been accepted by big companies who as once called crypto scam, and if it continues like this, many people will surely get to know more about crypto through Facebook.

They probably should just restrict the advertisement to people who are familiar with cryptocurrency. or interested in it.  They could be more selectively with the kind of project they allow, especially the meaningful ones. I see no reason for a  total ban on cryptocurrency advertisement.

It is good and it is a sign that they have seen the reason why they need not to be hostile to cryptocurrency again. I even heard that Facebook are working towards integrating crypto into their ecosystem and this means if you can't beat them, you just have to join them.

If Facebook did a good check, it would be great, if there was no advertising for scam projects, they spoil the reputation of the crypto world.

Refer to the price movement of cryptocurrencies  after facebook revoke their regulation again cryptocurrency ads I'll it is good and we can see now the prices cryptocurrencies has been rising quickly. I can't imagine this movement price happened after I too often to see the price went down continously few months ago. I hope this information will be consider also by some companies who before ragulate cryptocurrency or at least they revealing their statement again cryptocurrency. For the thing that they use it or not I can say it's not important but the most important thing is the they have known about cryptocurrency and its function.

I support it, of course, this is very good, the crypto industry is starting to reach a wider audience, and this is a good start, with such new advertising resources, crypto will start rapid progress all over the world, I think that this is only the beginning, other social resources will also catch up this initiative, crypto is a future one, and we see with you how the story is going

Facebook reversing back it's policy about banning Crypto ads is good for the industry because it's a hint that Facebook is adopting blockchain technology which is a plus for Crypto because Facebook influence is so big and its a big boost for Crypto

i think it is a positive thing that facebook reopen to crypto so we could see the crypto related ads again and the ico will be able to reach millions of potential investors through this social, and i believe that it(facebook) will actively participate in the development of new blockchain applications...

Hmm. I did not understand why Facebook is so inconsistent about crypto ads. 
Anyway, this is a piece of good news if Facebook is rolling back the crypto ads. Obviously, this can increase the electability of crypto or even crypto industry.

As Facebook is the largest social platform in the world it will help crypto advertisers to promote their product/services/projects for sure, as it has helped in the past. We have seen huge ads ran on that platform.

You are wrong, it will not shed light on garbage projects, as it will help the good/honest projects to reach its right audience and on the other hand it will also help scammers to promote their scam/shit projects.

And those scam projects got an easy way to pull naive investors as they did in the past. Facebook doesn't have the ability to identify shit projects imo as the members can do in this forum.                                                                                    

Of course it is good, mist especially if it is meant to protect the interest of investors.
So many people have lost money to scam projects, which is why trusting crypto projects is now a difficult thing.
Other platforms should also emulate this, because it will foster the adoption of cryptocurrency.

I think that's good news. Last year was a bad time for crypto and all this was supported by various negative news. And Facebook's ban on crypto advertising was one such news. But to endure times are changing and the market already looks more positive and, accordingly, such news should also have a positive impact on it.

It is only obvious that facebook will revert on its decision to ban crypto ads-tuey are making facebook coin. The decision is all good but the side effect may be to break the pseudo anonymity of crypto users. Anyone paying for ads can easily be linked or attached with a wallet address. Facebook will be a disaster if they can link a wallet address to each account

I think that's very good news. Perhaps now investors ' confidence in the projects will increase, because such influential platforms as Facebook will provide assistance in promoting crypto.

Well, from what I read on facebook official website, that is not really the case, they said they are making the policy light and you will not need pre-approval in order to run Crypto ads in facebook, but they never said that we can now run this ads freely, in short there are still some restrictions placed like trying to run ads for initial coin offering and other kind of crowd fundings, I don't see this as a good news for Crypto in any way, though it's not a bad news too.

Well, they have no choice since they are also planning to introduce their own coin soon, how would they not allow it, I am beginning to sense a selfish interest in this their decision to adopt cryptocurrency, if they really liked cryptocurrency for its benefits to the community, why are they just adjusting their policy now?

Anyway, their decision to really use blockchain technology to manage their platform will really make many people in the world to become familiar with the cryptocurrency system and its benefits to them, now the adoption we have been hoping for is beginning to gradually happen sooner than we expected, all these good news could be the reason why crypto price is mooning.

I am agree that this not take a big effect to cryptomarket and not affecting to ICOs too. I dont think this policy is because facebook want to launch their own cryptocurrency because their rules should be applied to others too for fairness

By allowing crypto ads on Facebook it is certainly very good. Considering that there are very many Facebook users in the world. That means the impact will be even better. Maybe with crypto ads on Facebook, people who don't know crypto will be interested in entering the crypto world. This is actually very good for spreading crypto with ads on Facebook.

Their platform will really be very useful for companies to raise fund because that is where we have majority of people who are technology acquainted and we also have investors that are very rich on their platform, it will be another booster for the market capitalization as ICOs can now be shown easily to the public out there through their Platform.

We should be seeing so many campaigns now in bitcointalk, because their restriction has really limited so many companies from meeting their hardcap, other means of advertisement cannot not really make much impact as much as Facebook will do.

If this news is true then this can help to recover the market, but I'm afraid that scam projects will rise.

This is where they start from till they remove the ban completely, we all know their interest in crypto already, which they will also be rolling their soon, so they have no choice than to make adjustment to their policies, and whatever adjustment they are making, will also be a gradual process.

Imagine that they come out now to really say they are lifting the ban completely, it will be so obvious that they did so because of their own interest now, but they have to start slowly until you no longer see any ban. Anyway, that is not what we should bother about, the fact they are considering adopting cryptocurrency is great news on its own.

It's a very good update because some dope crypto projects will have more outreach through facebook ads. The more people get to know about crypto, the closer it becomes to mainstream adoption. Initially when facebook placed a ban on crypto ads, it led to massive dump of the market, that is when we had too many weak hands shaken by Lil FUD. Right now everything is falling in place for crypto, it's a good sign.

It has both good and bad effects in crypto but, the mere point of it is to more promote cryptocurrencies while they are working on their own platform or coin. The bad thing there is mamy will take that chance to promote their scam business and fraudulent works which is an easy bait in particular to the new people in cryptocurrency.

It is good. Facebook is the largest social media network and by allowing the crypto ads on their platform, the crypto community will be able to send out ads and create more awareness about Cryptocurrency. So this is really a good thing and shows that cryptocurrency is doing just well.

Though from what I learnt before, the reason they stopped every ads that has to do with crypto was because of scammers and they didn't just stop crypto ads they stopped everything that has to do with binary trading as well. But now they have setup new rules for such and have also started to allow all of them to place ads on their site.

Well I was expecting this afteall ,many crypto promoters are blaming Facebook for trying to launch there coin and removing other coins or tokens ads which its really not fair ,I guess they've learned

Facebook's adjustments to its policy regarding blockchain and crypto related ads would be a huge help in the mass adoption of these technologies. News, infographics, and other related promotional materials can be posted in the social networking platform without prior approval. This could positively contribute in disseminating information to the public and make them understand more about these innovation. Careful though, ICO ads are still a no-no.

I think facebook is involved in the disclosure of personal information which greatly affects it. Now that they develop the coin facebook I think there will be a lot of problems

do not make comments in advance if the information is not really valid. is there any proof if Facebook really returns crypto ads. Of course Facebook needs time for that and they will definitely make a comparison whether there will be a lot of problems or even run smoothly.

Exactly this policy of Facebook is not because they are looking forward to launching a coin but purely for money making purposes. They had stopped it couple of year ago and are now starting it again but I think if they started advertising crypto coins, they should make sure they do not advertise a scam projects. They would have to go through the projects before advertising them otherwise the users could be scammed.

 Advertising - as you know, is the engine of modern growth. This is a good sign that Facebook stops being among the lagging ones, Mark Zuckerberg understands the prospects for the development of the cryptocurrency sphere.

Facebook take a good decision , it will help to ICO's and companies to boost their campaign of through ads and it will also help crypto market to boosts prices.

He understand the potential value of this industry so he's taking the step to make sure that his business will not be left behind, this action will
give more opportunities to those serious projects to get more interest from the wide social media, bring new investors to their projects and gain
success with the helps of FB ads.

It will help somehow about the publicity of a project but it also can create a huge group of people to be scammed because the market of facebook is too broad, many people can be aware and can invest thru the ads from facebook.

If this really happens, then it's hugely good news for the whole crypto community. facebook has a large number of audience who never heard of crypto, so, this brings the opportunity to create mass awareness about blockchain, Bitcoin etc. Of course this will help mass adoption positively.