Bitcoin Forum

WASHINGTON- Facebook says it is banning all ads related to cryptocurrencies in an effort to fight scams.

The social media giant said it is barring ads for "financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, and cryptocurrency."

Initial coin offerings or ICOs are a way for companies to raise funds by selling investors cryptographic assets.

Fraud is common in the world of red-hot digital currencies such as bitcoin.

This week, for instance, the US Securities and Exchange Commission shut down an initial coin offering by a Texas company called AriseBank.

AriseBank was accused of relying on celebrity endorsers such as boxer Evander Holyfield and social media to cheat investors out of $600 million of its goal of $1 billion for a currency it called "AriseCoin."

In a blog post announcing the news, Facebook product management director Rob Leathern hinted that Facebook may modify the new policy at some point to allow bona fide crypto-related businesses to advertise again.

"We want people to continue to discover and learn about new products and services through Facebook ads without fear of scams or deception," Leathern wrote.

"That said, there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith."

"This policy is intentionally broad while we work to better detect deceptive and misleading advertising practices, and enforcement will begin to ramp up across our platforms including Facebook, Audience Network and Instagram. We will revisit this policy and how we enforce it as our signals improve," he added.

read more here : http://news.abs-cbn.com/overseas/01/23/18/facebook-admits-social-media-threat-to-democracy

Large players are afraid of the appearance of new startups which are their potential competitors. If you look back in history, almost no major player has been on top for a long time. Today, advertising is monopolized by big players. They are the only ones who have access to all segments of the market. And they are not going to give it away. They are not stupid and understand that startups are risks to them. And ICOs are startups with a huge potential.

Another fud to bring the cryptocurencies down. I think we should see this as another attack and bitcoin price may come down because of the way many people on Facebook may interpret this. Bitcoin and blickchain technology can been used for scam but that doesn't mean any other forms of money can also be used for scam and fund raising. Facebook and Microsoft were in favor of bitcoin and other cryptocurencies before but lately there have started to attacked it for the reason best known to them.

Why are you bringing up a stale news? This happened since late January already and there has been so many topic that has been dealt with respect to this.

Facebook clearly stated the reason why they had to do this, which was as a result of not being able to have time or ways to differentiate between scams and real projects, and they just had to revisit their ad policies until further notice to protect their users. It is not an attack on cryptocurrency like some of you are already putting it please.

yeah i think its a fudd people dont hesitate to use facebook to promote or advertise bitcoin and other altcoin.

You have a point though about the news , maybe causing a drop but I say that must times, the news we expect to cause a downward might not really be that way. Last year, when the news of Chinese ban on icos hit the air waves, it didn't cause any drop but, a further push upwards. I hope it does not bring the coin down this time.

Nope this news is very old one and it just taking the jumps ahead one more time. However this is not the news which is causing the bitcoin drop at this moment. If you reading through the forum and other news article then you will understand that Mt Gox is solely responsible for the drop down of market of bitcoin. The guy has dumped more than 400 millions of coin which got him most of the money and market lost its most of the charm really.

Facebook has no rights to call the blockchain technology as scam one. Its just that these guys are not able to implement it into their system as it is decentralised one and may cause the breakdown.  :P

That's a really interesting development. I could just see facebook adopting a currency of its own - like the Reddcoin for liking, sharing, etc. Wouldn't that be the ultimate. But really, this development is interesting. It might not be good for the cryptomarket though...

In the past year, the progress of the cryptocurrency has reached a very wild level, and Facebook can't see the momentum.

Bitcoin and other cryptographic currencies are now almost fanatical, and in the area of cryptocurrency, there is a lot of garbage, fraud and other risks.

Cryptocurrencies do need some good rules to restrain them.

FacebooK may be working on digital encrypted money itself!

Facebook's decision to ban encrypted ads may be aimed at eliminating competition!

Some people just changed some letters on numbers or letters from other languages ;D
It looks like "IC0" or "cгyptocuггency"
It was made to avoid bans

I also read the news that about banning the facebbok ads is not sure if this is true because of today's fake news coverage so we just have to wait for the right results here because it has a huge effect on cryptocurrency because facebook one in ways to spread cryptocurrency around the globe in the amount of users it really impacts.

Not just to eliminate the competition but to avoid their users to invest in a scam ICO's, if you own big platforms like Facebook you have to protect your own clients from engaging in the ICO that is a potential Ponzi scheme, some pages are still allowed to share their contents to advertise in a non
spammy way, but I heard that some ICO pages and Facebook users banned because of sharing a spammy advertisement from a shady ICO projects.

I believe it's an old news from few weeks back. I understand why they're doing it and it makes sense. They're pretty rough when it comes to money services ads, with ICOs it's even more difficult.

Based on my understanding they are previously taking back or loosening up there ban about cryptpcurrencies as obviously it is affecting their revenue. Blocking all kinds of crypto related ads is like shutting down an entire revenue from that industry. Even Google didn't pursue their plan on banning crypto ads. But what Google did is screen all of their ads to avoid showing off illegitimate cryptocurrencies that have a high  chance of turning out into scams.

You are right. I expect that soon, facebook will make another statement stating that crypto ads is allowed again in their site but it will be filtered before they approve of it IMO. If they want total ban of it in the first place, then they should have had blocked facebook pages linked with ICO's as it is used to advertise cryptos. Also, they should have had not allowed anyone to create pages crypto related.

What about the bounty?I'm part of a Facebook campaign.

This subject has already been addressed here. Crypto ads is still in Facebook -  changing some characters from Bitcoin to 8itco1ne is enough to to pass the moderation.

Bounty as far as I know remains intact because of this ruling, but I wouldn't know 100% as I don't use FB to begin with. You had to imagine though places you are shilling financial advice they are going to shut you down, especially when people complain.

this is only the regulation sheet in facebook account, but in fact until now a lot of advertises about bitcoin there, with the statement the facebook manager just warned that the user account does not not advertise a site that has not worked with the facebook. and this will be said spam.

The keyword ban by itself isn't going to work out for long. There's already an article published indicating how advertisers are getting around the ICO's and cryptocurrency ad ban by making use of fancy keywords (Look at the reference below). Also, I feel banning advertisements to all cryptocurrency ICO's isn't a good way to go. Take the case of Twitter, they're too taking their baby steps towards banning fraudulant and scam ICO's and cryptocurrency accounts, but they haven't yet decided to ban all of them unlike Facebook. It would be ideal to allow for free speech and filter cryptocurrencies after inspecting their authenticity only after a report has been filed by multiple users.


Reference: https://mashable.com/2018/02/10/facebook-cryptocurrency-ads-ban-education/#4vRepqDApmqG

I honestly believe Facebook did a smart move.
All those ICOs (I don't judge them) make the crypto market look ridiculous and not really safe. It doesn't really attract some new people and only gives reasons why crypto isn't the solution for the economy. But we all know it's not true, therefore I believe until there will not be an easy way to mass adoption more like many mobile apps and ATMs all around the world and many more, advertisements shouldn't be everywhere especially small ICOs with no value.
Eventually, we need ammo before we shoot. If you know what I mean.

Facebook ban ICO project for advertising is easy to understand. As we know, almost Facebook bounties campaigns in this forum attractive personal to promote for ICO project by posting to Facebook profile, not using Facebook Ads platform. All ICO project use Facebook Ads is lending and ponzi model, that promote about profit when investing the ICO to encourage people to put money in the project to get profit per month.

On the one hand it's good that facebook did this and it is necessary to regulate and prohibit fraudulent schemes ICO, but I think that facebook is aware that grow and become stronger projects best facebook and other social networks where users will reward activity and the need to prevent.

Hello, sir. Sorry I do not want to interrupt the problem.
I just commented well.
Can to allow it ?
Maybe he wants to go back to discussing this matter as much as possible, so he can better understand it.
Back to the main topic that has been debated.
"Facebook bans ads for crypto"
 Perhaps this is a case where widely publicized minority actions affect the reputation of the majority.
In connection with digital marketing. Of these, there are those who believe that this policy is so wide as to affect a legitimate or trusted business.
Probably because, to avoid misleading or deceptive things. Thank you so mach

No for me it is not good at all because if facebook is being use by everyone in the world and it is the most famous social media so if it will ban bitcoin we will not be able to promote bitcoin properly but on the other hand I don’t believe it to be ban. Most of the time the traders use to spread news like this just to decrease the price and get the opportunity of high profit to trade at lower price and holding for the long time so it is not true according to me that’s why I am holding as much as I can hold it.

Not literally banning ads for crypto. They just have to make sure they are giving definite information to all users. It is to avoid scams and hoax in this social networking site. We should not take it negatively since they have their own reason for doing it. Where in fact they accept signature campaign through facebook.

Facebook is just being cautious. Promoting ICOs on social media sites is one of the best promotional tool, but there are some companies who are not acting on good faith. And facebook is just protecting those people from scams and fraud.

http://www.bbc.com/news/technology-42881892

Sometimes happened that Facebook deleted my posts about ICO or cryptocurrencies with links. But when I appealed to support they restored my posts because they didn't violate any rules.

Thank you for sharing the news.

I had no idea that face book was Taking inspiration from the China! Banning is never the solution... Regulation is!
One should understand that it will eventually take the Bitcoin's community out of the fb ... It's a serious issue.
Also it was a means of earning for many I don't know what they got from it... People are that smart to not trust a scam ! And knows how to evaluate it.. they don't need to do that

Even if FACEBOOK will ban totally to all DIGITAL CRYPTO CURRENCY but they  will find some other option to promote their good intention for all to serve better to all people.

There are some other crypto currency was made and illegal activities like Token Tree  they are promoting their own crypto currency that says it is a good investment then you will get a big amount earning double from your capital but its not. no  compensation come up. they will promise that your capital become double or triple, but its not, eventually it will totally disappear until they get a huge amount of money coming from many investor.

I think it is a bad idea because as we all know bitcoin is such a big help to many people nowadays and why would they ban it? Juest because they are securing people getting scammed? I think it is depends on the people if they will get scammed or something. They must know their securities to be saved.

Facebook's ban on encrypted money, of course, is bad news for cryptocurrencies, because Facebook is still important in the media.

Hmmm. That's not a good idea because we all know tgat bitcoin ads is the one who helps people to know more about bitcoin yet it will be banned? Bitcoin ads helps a lot  of people speciay to know more about bitcoin. I think it is a good idea to put ads about bitcoin in facebook because many people would able to learn about bitcoin in that.

This new was published the last January and has been deeply commented here.
I strongly encourage for you to search in the forum before opening new and repeated threads.

Hmmm? It has a two possibility. It is good as well as it also have disadvantages. The advantage of it is many people will somehow be safe in terms of their bitcoin and from getting scammed ny other, yes that's right yet the disadvanatage of it is that many people will not knew about bitcoin and miss the opportunity of getting some income online.

My personal Facebook feed has lately been swarming with ads promoting ICOs and promising impossibly high returns, which should ring an alarm bell for any potential investor. However, i think its very sacariam that Mark Zuckerberg just posted his resolution on Facebook first of January/2018 . He would have learned Blockchain , and then he banned crypto lmao.

It's old news but we can share what's a reason facebook ban ads crypto or ICO pages.
I think facebook prohibits ads contain crypto and ico because they dont have regulation from some countries, big country of course like USA and china.
So facebook tries to protect people from scammer projects and we know some real ICO project are not banned until now.

It is true that these things will be bane by face book because of the heavy traffic may and this is not to make any volatility to the bitcoin if the one sit bane this then there are so many other social media websites through which we can advertise the crypto currencies ads so it is not the bad thing but soon they will accept the bitcoin ads for this time we have to wait and keep patience.

maybe Facebook are just afraid even they looking forward to collide with cryptosystem they fear with icos and bounty campaign spreading trough Facebook's liking and sharing but they can't pinpoint which is the legit one and scammers

Well, it is a very old ossue that facebook already started banning Ads about cryptocurrencies, that is why it is impossible to have or to join a Facebook Campaign before. But, as of now, I can see that they already opened the facebook for ICO so, SNS campaigns are back!.

I'm not sure if this is the reason, but every time I post something with a link and tagging #ICO or related words, it gets removed by the auto spam filter (FB). Also, my Facebook account already got banned and can not be recovered. The reasons they are showing, I was over promoting illegal stuff. But I only used to post ICO/Bounty program related posts. I think there is some unofficial limitation which FB never revealed yet.

As i had observed from the facebook today, i can still see any ads on cryptocurrencies. I don't think facebook already ban the crypto currencies advertisement. Instead many ICO are using the facebook for the advertisement on their project for it is very effective way for promoting their ICO and inviting investors and bounty participants.

Dude, that’s an old story. If you’re hearing it now, then you’re hearing it late. They stopped every advertisement that has to do with crypto and ICOs for a long time now. I noticed that ever since this year lots of people and organizations has been kicking against Bitcoin. Don’t know if this year is gonna be better than 2017… but I keep on hoping that it does.

This is running for some time time now. But i guess the ban was not effective enough because i still sees ads regarding cryptocurrency and ICOs in my Facebook newsfeed.

Absolutely just to degrade bitcoins in eyes of general public. These fuds are created by the haters who don’t want bitcoins to be raised all over the world. They see them being famous and popular at different levels and they couldn’t bear it positively. So such wrong news started coming out of the boxes and we, being trustful users of bitcoins, are listening them, and believing in them.

I don't believe this will have that significant of an impact, tactics will, however, have to change. For example, bounty campaigns incorporating facebook will be more heavily used. As will promoted posts related to the actual end-product, promoting your idea isn't banned only directly advertising an ICO is banned.

hopefully soon there is a meeting point between facebook and cryptocurrency, I also hope soon there is a solution from facebook for us who are moving to advertise bounty projects, and hopefully there is no ban so we can still continue to work and promoting bounty projects that we follow,

I really think that the start of the year had been bad for cryptocurrency because a lot of FUD had came since bitcoin hit it's ATH at $20,000, and I think this is one of them. Maybe huge market players are manipulating and spreading this new for them to bring down the price and buy it again at a cheap price. They are trying to shake off weak hands and people who panic because of it is helping them a lot.

but now maybe you will not see some ads about crypto and any related content  in your timeline even though on google. 'cause they now confirmed to restrict advertisement on their platform. By the way for more information click this link (https://news.bitcoin.com/following-facebook-google-bans-crypto-ads-no-currencies-icos-exchanges-wallets-advice/).

Well I don't think they can afford losing million of dollars in banning crypt. They gain alot in advertising crypt on Facebook which is beneficial for both sides.

I think it's normal and legitimate, because Facebook also does not want users cheated, many irresponsible parties use it to seek personal gain and instead lead to cheating.
This decision is not permanent and Facebook will review the rules to get better policies to detect and remove deceptive ads.

Hypocrisy at its best, they are promoting every shit on facebook ads just for money but they can’t allow cryptocurrencies to promote because these currencies are major threat to government and banks.
Financial institutions are trying to relate scams with cryptocurrencies to bring down popularity and keep the public away from it's use.

Facebook is really good when it comes to advertisement, and I like to make use of it when advertising some products. It’s more useful to me than other social medias. With Facebook, you will be able to reach a huge audience than when you’re making use of other medias. We can’t be really sure, but let’s just hope that in future they will consider allowing the promotion of ICOs with their platform, but that wouldn’t be with out strict terms & conditions.

I will not be one of those who are going to sign this petition because the cryptocurrency ICO's are mostly not regulated and because of that lots of people have taken advantage of it and are ripping and scamming people of their hard earned money. I fully support the ban.

More than sure, if they were paid for advertising, it would be another matter, they thought they were thinking about people, or they themselves want to participate in the bounty =)

Complete agreement. When crypto market became popular it attracted a lot of scammers and scammers , to distinguish a normal project from deception is very difficult, Facebook and Google banned advertising for one simple reason, they protect their users.

Yeah youre right facebook not absolutely banned crypto but maybe they minimize their sites to put the link of crypto curremcy and shares the idea of it.Just reslect their decission and we have to move forward because its onlt one sites and theres a lot of sites aupported on us.

It would not be a great news if they ban ads for crypto in facebook. But then, facebook has its own reason why they decided for this. This could have the situation that affects the present price of bitcoin. Let us just be hopeful for thr bitcoin price to recover.

It is not an easy task to distinguish scams from advertised crypto coins, even for specialists. If you make a separate ban, it's expensive. Therefore, Facebook has banned all advertising crypto coins. Scam selection will cost more than advertising revenue.

Another version of the ban - a large number of uninformative messages from signature companies, cluttering up the social network.

facebook banning crypto currencies is due to central authority domination on their advertising client this kind of domination should be controlled that's why we have decentralized network blockchain in place

IT is a good thing because they are really annoying to me. You can see that most of cryptocurrency ads are about ICOs. ICOs somehow is not good in the crypto world. Too many advertisement on facebook can make other people misunderstand of what the cryptocurrency is

related to this news I have long heard it, but whether it is true or wrong I do not know, there must still be projects that include Facebook campaign. that means we still advertise Bitcoin and Cryptocurrency inside Facebook.

Facebook prohibits all ads promoting financial products and services that are often associated with misleading or deceptive promotional practices, such as binary and cryptocurrency options. While banning cryptocurrency ads or digital currency circulating on the platform, does not mean Facebook is really anti with bitcoin and the like.

they are previously taking back or loosening up there ban about cryptpcurrencies as obviously it is affecting their revenue. Blocking all kinds of crypto related ads is like shutting down an entire revenue from that industry. Even Google didn't pursue their plan on banning crypto ads. But what Google did is screen all of their ads to avoid showing off illegitimate cryptocurrencies that have a high  chance of turning out into scams.

We can't blame the Facebook, a lot of people got scammed through this scheme, I guess this is the best move here to avoid such unwanted things, i mean most of the ico with facebook ads were scams or just hyping the crowd then ending up as a zero value or its just another move to create FUD.

I read an article where Facebook intends to launch its own Cryptocurrency?? So are they for it or against it? What is really happening? Can someone clarify?

Yeah, but i think facebook is just trying to protect people from ads relating to crypto, etc., in which may be a harm and a fraud to all of us. Not all of it of course. But with lots of news regarding the scams from everywhere, they are just doing what they think can protect us from illegal acts.

this is true. there may be too many reports of bitcoin or fake investments using cryptocurrency. so make a lot of things that actually use it also follow the flow. exposed banned

Yeah, it was already even giving the wrong impression to the cryptocurrency space as a whole lot of people keep getting the wrong picture about the whole space being a scam.

Look at the way scam projects are being advertised for a very long time via facebook, some falling for it even at their first attempt and what else would we have expected. It has brought a saner environment, and now it is not like it is completely banned, but due process is followed in terms of verification as long as it involves cryptocurrency, even with respect to pages, and that to me is good enough.

Facebook is banning cryptocurrency adds cause Mark zuckerberg is not believing that cryptocurrency will be our future someday. They all know that this day our cryptocurrencies are very popular in many country all over the world. Im sure that Mark Zuckerberg think that bitcoin and other cryptocurrency is a kind of scam

This article that ruins in a campaign threads that facebook intends to launch there own cryptocurrency is a Fake news or FUD. That is not true because facebook wanted to pay the ICO ads. and promotion to be able to stop interrupting the cryptocurrency on ads.

I don't think so why facebook bans ads cryptocurrency is it because they don't relate the advertisement or for it only gave hasle to them.

Just wait, they will lift up that banning again. And eventually, all crypto shall rise up again and of course there will be another Fud to bring the price lower again.

Yeah, I heard about that, but they can not prevent us from posting news about cryptocurrency, they can just forbid a paid advertisement on their site

Not to panic dudes. This news bit has now been overtaken by events. Haven't you guys read recently that Facebook is embarking on its own coin, the Facecoin? Surprising how these money bags quickly change in their positions on things. It's in the news but I can't lay my hands right now on that link where I read it last week. But just Google it anyway. It's in the public domain.

Well, irrespective of the decentralized ad space that keeps coming up, one thing I am sure of is the fact that the attempt with respect to the advert ban on Facebook and the rest who followed the same course was for a good reason and I guess that reason has actually paved way for a sane environment.

Looking at the way scam has reduced to a little extent via the ad space, and phishing attacks via Google ad space, I believe no well seeing human will not know why it is more positive to see this to have happened than negative.

What infect have this have on cryptocurrencies as I see that since March icos are still being prompted on facebook.  Stoping cryptocurrencies ads or banning it will not change anything and it will be like taking us backwards in the development of internet technology.

The reason why facebook is banning cryptocurrency ads is that, not every ico today are paying their participants and some are just scamming other people, that is the reason why facebook is banning cryptocurrency ads on their social media.

The ban on ads related to Facebook encryption has further cemented the rumors that social networking is poised to advance into the world of digital money. Many suspect that fb is preparing to launch their own currency

They have this type of currency before with their in game credits or facebook credit sort of stuffs.

That rumor can be also true by eliminating those ads on their social media to eliminate the potential competitors that can they may face along their promotion, facebook is doing a wise thing.

Yet, that's still a rumor but that makes it stronger and real after hiring a blockchain specialists.

Bans are just means to see bitcoin's downfall and perhaps blockchain technology. Facebook has started the ban long ago. Some users of facebook are even suspended for promoting blockchain technology. The great news is that bitcoin cannot be teared down.

The news is outdated, but nowadays facebook is still banned from promoting Crypto, which is a pretty big deal for the Crypto market, partly because there are so many fraudulent ICO projects that have cheated users on facebook, because So new facebook decided to ban advertising Crypto.

It was true and not recent news, but the way some people decided to portray it or see the negativity out of it was really what was mused me. Facebook, Google and the rest, categorically stated the reason behind this which was sound and solid excuse but people will rather not read the main news, believe the only thing they feel in their head and feel everything is just an attack on cryptocurrency.

I guess they must have forgotten that scam via the ad space has been an attack on the perception of cryptocurrency right from the onset and this really helped to clean up that mess.

Is this bad for business??

This news came out like fire in the woods but also went of like fire extinguisher. However none of them matters really as they are still running the advertisement with full fledge. There is no limiting factor they imposed later on and I think it was just FUD news that came out on the media as well as on the forums too.

Its just that they may not ban the advertisement as they know, crypto currencies are getting more and more attention these days and with rising use of it people want to know more about them. Thus, it calls for the great demand of crypto ads and Facebook can never ban such demand as it profits them a lot.  :P

Bitcoins has already been complained by different ico's who are advertising their platform on social media's and i believe that facebook does not want to have a problem in the future when ico's scam their participants.

This is very old news that facebook bans ads for crypto.It's cause may be for some reasons that I think is scammers are active always to manipulate users in crypto.This is a decentralization system so authority can't  control scamming.And the other reason is facebook will launch their own crypto,increase of other currencies.

This wasn't an easy and tryouts play. This is serious and most probably have a relation for the future plan of crypto. To banned ads is clear that there are something is going on beyond our limitations as we are not one of the member of big companies just an assumptions. Another form of newly approach of business in our society with facebook and social media regulations about that. Nowadays better to be prepared for tomorrow to have enough knowledge on every aspect of this issue.

social media cant handle crypto decentralized market they will try to handle and restrict the market in a possible way to keep in their control but in future, we may see crypto will be friendly accepted by social media companies in large

Bitcoin has it own power.Eventhough Facebook bans ads for cryptocurrencies,the price of bitcoin will increase to good value.It will not affect the growth of bitcoin .Even Facebook had ban the crypto currency ,the crypto currency investors is increasing year to year.

I still see plenty of advertisements about crypto all over the internet I wonder if they are using some kind of other popular add provider because it seems like Google and Facebook ads aren't even that popular anymore given the recent data breach scandals going on. Overall the main thing that brought me here was seeing so much about cryptocurrency that I wanted to research and get involved with investment so it seems like whatever advertisement engine out there is being used does actually work

This is logical, since there are a lot of fraudulent ICO companies that collect money and disappear. For this reason, all the well-known major media networks (Twitter, Facebook, YouTube, adsens, etc.) do not allow scammers to develop.

Well, it is bad for business but it does not harm bitcoin. People who work with cryptocurrency might struggle with finding a way to advertise their product. However, nothing needs to be worried here. I think that they will know how to maintain their job. People always know how to make money

They are not loosening up and they really did not totally ban advert right from the onset but only cleared the ongoing ones at that moment. It became a norm for anyone who wants to run an advert via any of the space to tender legal documents before their adverts can even be allowed and to me, that has really helped a lot to clean the whole ad space compared to the way it has been before.

This was the main idea and the reason that was given; people just always want to consider everything a problem rather than looking at the better side of things.

We all know that there are so many people who are using facebook worldwide especially we Filipinos. Social media is a very influential thing. No doubt it can really attract crypto users to participate to ICOs. I am one of so many people who are joining Facebook Campaign. In fact, it is one of my source of income. Yes i am sad to hear this kind of news. I really hope bitcoin campaign still remains. Facebook or other social media campaign is not always a bad thing.

Facebook is one of the emerging company on earth with most of the user’s spreader over the world. They are doing great for connecting people and that is why they don’t allow anyone to come in there and scam their users. People trust them and they can’t just sabotage this trust factor just for earning some little money for them through bitcoins. Although bitcoins aren’t scam but some ICOs are.

Facebook updated its policies in force to prohibit all ads related to cryptocurrency and initial coin offering (ICO). many people who turned out to use it to seek personal gain even lead to the action of deceit.

Idk how the ban works for others but I keep getting those ads on Facebook. For example I took this screenshot a minute ago:

https://i.imgur.com/Gebmzj6.png

I'm not saying that Ubex is a fraudulent ICO project, probably it's not, because it's a Swiss project with good reviews and 4.5 ratings on icobench and icotokennews, but shouldn't the ban be applied to every ICO project indiscriminately?

Even when the news was thrown out to the public before being overtaken by recent events of which you mentioned this was never a problem, but a lot of inexperienced and new investors who always like panicking took it the wrong way and most of them never even read the content of the news and why that decision was made.

Scammers kept using the ad space for their craziness and they took it on themselves to help clean that up and now, if you are an ICO that wants to advertise, you must be ready to show your legal documents before doing so and that is a good way to go.

I think that is a wise decision. However, it is probably just rumors and it seems that you are the one who spread it. Electronic money is the trend of the future. So it's silly to stop it from growing. In addition, some major communications networks have shown signs of paving the way for e-money to grow. Such as Youtube. So, I think there is always bad news at the moment to make the currency fall

Is this a speculation or confirmed information?..... If true how do we go about facebook bounty campaigns?

Yes, it was confirmed information regarding on facebook bans ads for cryptocurrency. For the facebook bounty campaigns its safe to used for cryptocurrency.

As much as I hate the advertising in the face book because before there are no advertisements but now even the videos have it and thar sucks and that is interupting me watching. But for the bitcoins and the cryptocurrency that means a lot to them because there are a lot of people using Facebook and seeing bitcoins and the pther cryptocurrency in that platform can get to the people and that people will get curious to the cryptocurrency and they will start knowing it.

I've heard this news many times, but until now I've seen everything all right. facebook campaign running as usual.

Yes its true its been a while I heard this news to but still seeing vedio advertisements. I think there are plans for this to vanished crypto advertisement but may soon but for now I am viewing some.

They should not bann crypto currencies ads in facebook . Crypto currencies should be familiarized to people and have it publicly  . There is nothing wrong about crypto

The policy is designed by Facebook to limit fraudulent and misleading advertising. Leathern said the scope of the new ban was quite large and the company would specify the new policy for effective enforcement.

Facebook can do so much on Banned of the campaign with relation to crypto currency market trading or even market campaign, the have all the control feature on the illegal use of Facebook, yes, somehow help get rid of the Scammer on the trading market of crypto currency. But, the growing numbers of Bitcoin or crypto investors is unstoppable, If you look deeper it is just an issue on regulation.

I really just observe because no real penalty or whatever impose to facebook users who advertise, make promotion , introducing ICOs in which they are connected to cryptocurrency, but as of now the facebook campaign is still going on , I might think it is a part of a fake news about bitcoin and cryptocurrency.

It is a new level of working place for us, apps are banned yes, and the price for crypto can go down, but after that will grows up

I don't think that they are doing this just to put cryptocurrency down. Facebook bans advertisements to prevent people from entering a site that might be an unsecure site. Facebook wants to protect its people from scammers and aside from that the ads may contain links that is connected to phising site.

I guess facebook is just implementing precautionary measures in order to maintain peace and order among its users and not necessarily mean that they are against cryptocurrency or bitcoin. They also have interbal protocols that needs to be followed so we should not worry aboit it coz it wont affect bitcoin.

Talk about FUD and reading headlines only and coming here to make flimsy excuse or things that are not right just to make a claim. I have been promoting blockchain technology for over three years and I was never banned and those who were banned may have to give reasons as to why this was so for them because Facebook will not just suspend an account without you doing something against their rules and policies.

Secondly, Facebook ban on ads was not for bitcoin's downfall and definitely they are not so dumb like some of you are not to know it would have little impact, however, it was obviously not their mission, but the essence was to clean up the ad space of scam ICO advertisement which I believe most of you simply are not getting and if you have really been using Facebook.

You should have seen by now, that only legitimate ICOs are being allowed to run advert after verification. You guys should just stop all this unnecessary and baseless theories that only you know where you got them from.

Well it's effective that all crytpo currency ads will lessen the reach of those scams but will also lessen the reach of all other crypto currency. Then again, if Facebook doesn't want crypto currency in their site then it's theirs to dish out. We have always found other ways to reaching our Target markets.

Facebook updated its policies in force to prohibit all ads related to cryptocurrency and initial coin offering (ICO). many people who turned out to use it to seek personal gain even lead to the action of deceit.

I think it will not greatly affects those legit Cryptos out there to advertise their product because there are a lot of platforms that can use aside from Facebook. As we all know, we can see several platforms that has designated part of the funds of the Initial Coin Offerings that is launch by the team.

Facebook then urges its users to report any ads that are missing from corporate security surveillance. They admit that they can not always catch ads related to cryptocurrency.

Facebook recently will produce all that is good for services or cryptocurrency services. The company also said they are open to new technology, but many companies do not have good faith when using virtual internet.

This is understanding, because there is a lot of fraud in ICOs and potential for users to lose money due to a scam ad. FB has to think about their users first, and not some 3rd party thing like cryptos.

Fraud anxiety on Facebook does need to be wary of. Ads on Facebook can be used to generate 'buzz' around this new scheme and be very effective especially when paired with celebrity endorsements. Retired boxer Floyd Mayweather last year was criticized for promoting cryptocurrency which later became his company's target of fraud allegations.

It was never even meant to take us backward but forward. The move Facebook, Google made so far has helped to even bring about a highly sane environment. This made it easier in the first place before this move was made for a lot of phishing attacks, scam ICOs and name every other atrocities committed by scammers and hackers but since this came into play, we all know how some of these things have reduced to almost none, and instead of throwing punches we should be applauding them.

Many suspect that fb banned advertising for electronic money because they are launching a new coin. According to a Facebook statement, the new policy prohibiting ads related to coding money or the ICO on the network. These two billion people are "often associated with unclear promoters"

n January 2018, one of Facebook's rivals in the messaging service, Telegram, recently reported on their own ICO. Telegram is now a direct competitor to WhatsApp, which is owned by Facebook and hopes that blockchain will have more applications.

Yeah I read this, strange they have all kinds of silly adverts, but now they discontinue crypto ones. Didnt I remember reading somewhere that Facebook was going to launch its own crypto? Looks like they are banning the ads to benefit their own project. I could be wrong, but it smells fishy to me. In the meantime ICO's really do need to clean themselves up and get with the programme.

No one even forbade paid advertisement. Advert is still running on Facebook, Google and the rest but at least now it is a verified one most especially when it comes to cryptocurrency which I believe is a great move. Some in their imagination thinks it is an attack on cryptocurrency without even getting to understand the main reason why that action was taken in the first place. I see reason why people panic easily since all the do is read the headline and start assuming things immediately.

Facebook bans advertising for ico and cryptocurrency because they are studying blockchain technology.
The main purpose is to eliminate its own competition and promote its own cryptocurrency!

At first i believe that zuckingberg is really concern about our funds that he was just wanted to prevent scamming victimizing cryptonians,not until the main intention was revealed and it was Hes cryptocoins is what the objective of banning other ico,so he will the only one to advertise the coin he created in facebook he really zuckingberg right?

Thats why i really believes in the sense that no one has really a motive helping others but their self and for their own beneficial

Facebook and others media social ban ICOs ads because many ICOs scam and i think they want to prevent that scam to their member. I am believe if government regulation about crypto issued, facebook will accepting crypto ads again

Facebook has banned all advertising for cryptocurrencies because they are “frequently associated with misleading or deceptive promotional practices”.
“We want people to continue to discover and learn about new products and services through Facebook ads without fear of scams or deception,” said Rob Leathern, a product management director at the social network. “That said, there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith.”
Specific examples of banned adverts offered by Facebook include “Click here to learn more about our no-risk cryptocurrency that enables instant payments to anyone in the world” and “Use your retirement funds to buy Bitcoin!”

i also heard that Facebook have banned cryptocurrency adverts because so many are scams .. they saying  initial coin offering ads as they are ‘frequently associated with misleading or deceptive promotional practices..

Many people say that Facebook is going to launch their own cryptocurrency and that’s why they banned other cryptocurrency ads on their site. But it is not a problem because there are many other sources that promote bitcoin and Altcoin and people are putting their money in crypto. If Facebook launch their own crypto it will not affect big coins because many people do not invest in new ICOs.

I think ban of crypto currency on face book is selective because why on my facebook account has Bitcoin advertisement, Actually Business is business if they want to earn profit through promotion of crypto why they don't get tax for the whole advertisement of crypto instead of banning it. that's what I suggest here.

Such a policy of Facebook. And probably in fact, one person - Mark Zuckerberg ... This is his subjective opinion, which he decided to implement in this way. It seems to me not advisable to prohibit advertising crypto-currencies - for this future, and when there is a ban - there will still be other options for advertising crypto, with Facebook or without Facebook.

Yeah this is the main reason that they banned cryptocurrency ads on Facebook. I think their statement is false and will not affect crypto investors. I don’t have anything to do with Facebook. I will not rely on Facebook statements. If I want to invest in crypto I will search the market and look the trend of the people and step forward towards investment.

For Facebook the move is an attempt to maintain the integrity of its advertising platform which in the past 12 months has been criticized for allowing Russian propaganda and other content deemed inappropriate.

They ban crypto ads and are planning their own coin now. So you can see the whole picture now.

They just don't want any issues again that may bring them down or the authorities would call out Zuckerberg again for investigation. Just like what twitter and google ads is doing because they don't want to cause any issues since cryptocurrencies is still a hot topic.

Recently though, I have seen some crypto related ads so I don't know if they lift the ban or they just weren't able to monitor the advertisement that it is related to cryptocurrency.


There are other options but due to this move, bounty hunters are more needed because the promotion of bounty hunters would only be the way to promote on those sites like facebook and twitter. Youtube didn't implement the restriction so many are still promoting their ICOs there as well as in the crypto related websites.

This happens for a sole purpose,for mark zuckerbergs benefits because he banned crypto not because he was concern about us all not become a victime of scamming instead he did this to promote hes own coin

Isnt it selfishness?when we all believe of hes good heart of concerning the ico investors not to gain more numbers of victim from scams

the best solution is the facebook should select the ico project group and verify the authenticity of the project. do not crypto get bad news and everyone will sell their assets due to fraudulent news.

Actually, I expected that the banning will take effect this month in which not only Facebook will ban the crypto currencies but also the Twitter and the Google will join the banning too as it was reported early this year but i wonder now that still Crypto currencies can still be seen in these sites in which the social media campaign advertising is still on going without any issues.

Because of the large number of reports from ico buyers who were deceived due to the scam ico. ico ads are found on facebook and everyone gets information through facebook and other social media.

It's not fud when you are really banning ico ads and such. Fud means it's made up to scare people, not facts that are happening or going to happen you know.

There has been many claims about banning issues, or restricting its uses and functionalities. However, I don't think cryptocurrencies are dependent on Facebook alone, or on social media, it can still continue to operate even without the support of social media. Cryptocurrencies are already starting making noise in global market, and I believe that the best media would be us, to spread positive news, its benefits, advantages, and the opportunities they bring on how it could change the way of living.

It's actually true , many companies such as Facebook and google are banning all the automatic ads that comes to their customer containing cryptocurrencies material and that because their policy doesn't allow putting ads of something that might turn out a huge loss to their users .
It's still possible tho to make posts or facebook pages/events for cryptocurrencies where the people who are managing them are known , but cryptos appearing in the side bar ads space is no longer possible .

Yes I also here that news but I don't think it really ban it all because I see more currency that are advertising their campaign to introduced to some investors to joined them. And usually see it in some of my social media online that's why it is not that bad at all to make some move like that to get ban some currency but not all.

Not only facebook also Google but the first who implement on banning cryptocurrency ads is facebook and followed by google with the both reason of unregulated and also addictive to users among with the gamblers and also states that speculative. So now they wouldnt accept crypto in their business, though we cant fight back that because now it is not really regulated , the main purpose they done that is they need a legit that will or could help their user if they saw it in the ads.

That is also what i had noticed nowadays. It has been strict since the official bannong happen on Facebook. Although we cannot really complain by it, and i don't know also if they got paid for it by promoting, there are also some other factors they need to consider, and maybe the fear of losing some of their customers is one of the most frightening nightmare they can have.

I'm not too sure about this news because I see the facebook campaign is still running well. I'm sure this news is made to drop the bitcoin price.

but it seems that it is a hoax, the proof on my facebook homepage still often appears cryptocurrency ads, maybe not all crypto ads on banned by facebook, maybe the only ad projects Cryptocurrency potentially scam is exposed to baned

Facebook and other forms of social media have the highest potential to gain a huge number of audience. Negative news about cryptocurrency or media influence can have a bad impact and could change the view of people about the real nature of cryptocurrencies. On the other hand, we must also realize that cryptocurrency does not only depend on facebook, it can gain participants and can still function even without it.

Yes a lot of news mentions if media like facebook provide ads crypto or ico that potentially scam. it is very harmful to everyone including me as a bounty participant.

That’s true. Recently I haven’t been seeing ads on Facebook that are related to cryptocurrencies 😑. If it was before, at least 10% of the times when I log into Facebook I would always see an advert for cryptocurrencies. That’s the kind of problems scammers can always cause, now it has led to this.

Scammers are also the reason why most countries are against Bitcoin, but ending Bitcoin and other cryptocurrencies doesn’t solve the issue with scam. I hope they find a way to resolve this issue.

Yes I have heard about that but, it is only about paid advertisement that you can order from them, they can not for big people I mean bounty hunters to repost and post their interests in ico's, because this would be a chaos!

Why and why I just played in crypto just know me.
 Though this is a good potential for the public to know the status of the crypto where they recognize every second of it in this modern era.
So that in the future all will understand what a promising, money-making world of crypto is.

 Very sorry once sorry if I am wrong to say please detail more clear info may be mostly fraud so facebook does not accept it may happen because I also do not want to be deceived

You're right, as of this very moment their is no such any memorandum or any evidence that the crypto currencies was banned in facebook since many ICO project have a Facebook campaign which it's really give big help to those project endorsing their different advocacy, platforms and features that might give big helps them to attract those probable investors in here in the cyberworld.

Actually many are ban on Facebook,it's OK to promote ICOs and project but the other users is abusing it's use as spamming of post so you need to be careful when you use Facebook to promote follow the rules to avoid abandonment of your account.

Facebook is not the only place where you can advertise crypto currency.  They will incur large losses.  People will still look for information about the crypt.

I think Facebook prohibits cryptocurrency advertising because of various pressures. Because too many people complain about cryptocurrency scams, and the government has no clear laws to deal with, companies can only ban first to respond.

Yes, so far there is a major disadvantage to electronic money, now the number of facebook users is quite high. So if electronic money is banned on it then it is a disadvantage, electronic money difficult to access to investors.

And there are the signs of Bitcoin worthiness. Government will not battle with the thing that making no difference, so for me it's only assured me that bitcoin is our future, and we need to fight for it.

Heard such a news, but she herself did not encounter the Facebook account lockout

I think this new is not true.there are still ads in facebook about cryptocurrency. This news are spread by those people who want to put cryptos down .

now the facebook restrictions are removed, as far as I know. an interesting maneuver, is not it?) I think that facebook is preparing to advance its project in the crypt sphere.

We don't need to worry about this fake news. Instead Facebook was continue to promote cryptourrencies and if we notice on Facebook there is still an adds for cryptocurrencies. Those people are spread a fake news are not have an idea about cryptocurrencies.

It’s no longer a problem now cause they have reserved the ban on cryptocurrencies, but it has not taken effect yet, they will allow crypto companies to advertise their business very soon. The news is even all over the internet and I just read it last week. The way I’m seeing it, once the release takes effect very soon, I believe it will help to boost the price of Bitcoin and even attract new investors to invest their money in cryptocurrencies.

As far as i know, facebook now remove the ban for the advertisement of cryptocurrencies. Cryptocurrencies are now free to advertise their ICO or whatsoever in the platform of facebook. I think facebook realizes the profit that they can lose if they will ban cryptocurrency advertisement since facebook is one of the ideal platform for the team of a coin to promote their product.

That`s a good news to all users and promoters of ico`s in facebook . I think facebook afraid of lose if cryptocurrencies ads are banned because many ico`s need another social medias that accepting Crypto work and this is a big lose of facebook . Almost 35% of Facebook users are related in ICO or crypto . I think facebook put a limit only in advertising but not banned crypto.

exactly .  facebook has unbans bicoin and crypto.  These will continue to prohibit binary option ads and ICO ads.
https://news.bitcoin.com/facebook-unbans-cryptocurrency-ads/

I have heard that facebook has revert their decision of banning crypto ads. If this is true , then other social media like google, twitter etc will also lift their bans on digital currency ads and in a way it will be a positive news for the bitcoins and it will really help the bitcoin growth.

This is an old and stale news. Facebook has not ban crypto ads. It has allowed it. Lets consider this as null and void

I do not think that Facebook really worries very much about the deceived people. Simply initially, FB was planning to invent their own cryptocurrency.

So far, only in words. They do not take any action.

Facebook partially lifted the ban on advertising cryptocurrency, which had been in effect for the last six months. The right to advertise bitcoins and other cryptocurrencies will not be received by all companies, but only those that will be tested by Facebook. This is already good news.

Well I don’t know much about so don’t want to comment on it concretely but just to ask people why they are making fuds if they don’t know anything. What Facebook have done with this bitcoins, we really don’t know the real thing. So when someone isn’t confirmed with some news, never ever spread it. Because it can be a source of destruction for someone. So please refrain from it.

this is already from last year. and I deeply regret this. when advertising investment and digital trading are the same, but crypto in tires, while forex is not. whereas both are engaged in the same field, namely investment and digital trading.

I was not able to participate their campaign when they used to have it on facebook but I guess it's okay because facebook is not the only social media that everyone can access, there are still a lot.

In some way you are right. Because too much advertisement about benefits from using crypto can kill the popularity of it. But burning all ads on Facebook is not a good idea. It must be controlled.

Existing facebook has allowed bitcoin ads. This is good news for bitcoin lovers. I hope that this market will grow strongly.

The banning of crypto currency ads on facebook and other social media is also benefit in a way as people were falling victim of scam ico through their attractive advertisements. Now the ordinary person will not fall for it as there will be no such ICO ads. Its is good in a way to keeps scams out of digitial currency world.

Facebook did not want to become the source of cryptocurrency advertisement because some of the ico's are just scam and that is the reason why other social media's are also banning cryptocurrency ads.

The reason Facebook denied cryptocurrencies because the user could anonymously transact. And that can cause Facebook to get very tangled about the legal.

Facebook ads ban is one of the reason why bitcoin value is going down is because of the people getting bad news about bitcoin but i think facebook removes ads ban because there are still ads of crytocurrency facebool has a huge effect in crypto world spreading news many people around the globe is using facebook and one of the best to promote any cryptos.

On the 26th of June, Facebook reversed its cryptocurrency ad ban. The decision came with a few caveats, however. The company said it will allow ads and related content from “pre-approved advisers,” but will still not allow ads promoting binary options and initial coin offerings.  ???

If judging from the positive side, I think what is done by the Facebook team is good and it isn't wrong, not solely to destroy the cryptocurrency, but want to fix what has been soiling his platform and at the same time troubling the general public in particular.

Facebook is the most famous and widely used social media app in the world, banning ads related to cryptocurrency isnot a good idea for them. They will lose big amout of money if theyd do that. Because today crypto currency is very famous and facebook is including in bitcoin forum, maybe just think again facebook

Does anyone maybe aware of why a crypto related page still cannot be advertised? It is just a researcher page sharing some articles and analyzes. I thought that ban is demolished now so that is strange.

Huge players fear the presence of new companies which are their potential rivals. In the event that you think back ever, no significant player has been on top for quite a while. Today, publicizing is consumed by huge players. They are the main ones who approach all portions of the market. What's more, they are not going to give it away. They are not moronic and comprehend that new businesses are dangers to them. Furthermore, ICOs are new companies with an immense potential.

That’s an old news and they are already lifted the ban on cryptocurrencies, people can now advertise their crypto currency related ads or whatever on Facebook now. And by the way it wasn’t only cryptocurrency that was banned, they banned every similar things as of then and that includes binary trades and I think forex, not really sure about that, but I’m sure of binary trades. But they have already lifted the ban and I believe they have also set new rules.

I won't be surprised if very soon facebook will setup their own blockchains or better yet accept crypto currencies ij their transactions. Now, I'm hearing of buzz that Facebook may start accepting crypto currt. Besides, Facebook is a private entity and they could very much do whatever the heck they want woth their website. Because frankly, we agreed to it the moment we hit accept on the terms and agreement.

In the middle of the december, facebook and google will allow to publish crypto ads.

in my opinion this is just a conspiracy, which makes the price of cryptocurrency fall because there will definitely be a lot of people who panic and eventually sell their assets at very cheap prices.

For me, IT is a good thing because they are really annoying to me. You can see that most of the cryptocurrency ads are about ICOs. ICOs somehow is not good in the crypto. Too many advertisements on Facebook can make other people misunderstand of what the cryptocurrency.

Facebook have already allowed some crypto to advertise. And I think Facebook (company) evaluates deeply the crypto that deserves to be advertised. And the result will be great because SNS's have a lot of population, it will make crypto more popular. Lot of market will notice cryptocurrency.

Honestly I hate facebook but I like it better this way, I hate scam coins even more.

maybe not all crypto ads will be banned by Facebook, maybe only ads that are considered potentially fraudulent will be blocked by Facebook, the proof on my home page still appears adverts that are folded investment in crypto

Facebook does not want to be blamed on the misfortune of ICO investors. So in order to avoid these, they make precautions to these and banning crypto ads is the best options.

Definitely Yes I agree with you. Not all cryptocurrency ads are ban in the Facebook.  They only ban this to protect scammers. Facebook has banned some advertising for cryptocurrencies because they are “frequently associated with misleading or deceptive promotional practices”. Facebook management protects only their page from scammers and wrong information that is advertised at their page. But they don't totally ban cryptocurrencies. They support it the program.

This is not relevant news because we all know that Facebook has already changed his mind about cryptocurrency advertising, and they have reverted that ban, but unfortunately not completely.

Since there is a big ad revenue for Facebook to ignore, Facebook has announced that they will reverse its ad blocking policy but it will still not let the ads promoting the purchase of binary options plus initial coin offers. So yes they will allow it again but with certain restrictions which will not allow the scammers to look people by luring them to invest in coins with zero potential and not future profitability.

I thought, Facebook did not want to become the source of cryptocurrency advertisement because some of the ico's are just scam and that is the reason why other social media's are also banning cryptocurrency ads. Just keep your faith on these platform and keep up the good work.

Just yesterday I was scrolling my Facebook feed and I have seen that cryptocurrency advertising so it basically means that Facebook is not so strict that they want us to think that they are.

I am also not an enthusiast of ICOs. I don’t find them useful. Especially nowadays, we keep on learning about new projects and almost all of them are useless. There is a chance of being scammed too. Honestly, it is not like Mark is against cryptocurrencies. He himself is a tech guy. Few weeks ago, there was a news about him releasing his own crypto currency.

Facebook has the prerogative of choosing who they want to advertise. I mean Facebook no matter how public it is, is in fact a private domain and so long as it doesn't break the laws they can do whatever they want. But then again, i doubt that they could ban it completely. I mean people could themselves promote crypto currencies in their walls.

Facebook can't ban all of them because it's not easy to identify.

Bitcoin and other cryptocurrencies are being "advertised" in media and especially in the recent weeks where the cryptocurrencies are very very trending everywhere.

In some local TV shows there were many discussion about the crypto and what really is a bitcoin, how is it used, is it real, how to get it and many many questions which I really enjoyed watching them, even though I knew these things years ago it is interesting seeing them in the TV, even though they bring also mining Rigs to explain to the people that these "generate" money!

Great informational update. The actual irony is that the topic can be misleading. Following suit, google did the exact same thing, regulating a portion of crypto on their brand, and then rolling back those rules. FB is basically saying, we ban you, then we let you back in. Just be minding p and q.

To what I know, facebook now allow ads for cryptocurrencies and it will soon support it the future

Despite all of these bans they decided to deal with their own cryptocurrency. I do not think that the reason for this prohibit was the wish to save people from the scammed ICOs.