Bitcoin Forum

I read in the news that twitter, facebook, and google prepares to ban crypto ads in two weeks time. The said banning of crypto ads will prohibit initial coin offerings (ICO's), cryto wallets and token sales. What will happen to the bounty campaigns like fb and twitter? Will it be stopped??

This is absolutely necessary.  Too many people that want something for doing nothing came out of their holes and had a feast on so many people in this field.  They are doing the naive a huge favor. Most of the world will never understand this tech.  Look at anyone on Twitter with any sort of weight in this space.  They are bombarded with hundreds of tweets giving away “free”coins.  Honestly I think that if your that dumb maybe one should take that lesson the hard way.  I tell one thing the government does and they think it helps us.  Regulation!  People have to learn the hard way.  Do as I say not as I do never will and never has worked. That’s not how this works.  And with all the corruption our government is involved in its no wonder the citizens are following suit.  It’s the lead by example that works.  Then to top it off these same individuals are the law makers to boot.  Boy is this world in for a massive shit show one day!

I think this is good. Most good ICO's that claim to be utilities need to create a community to be successful. Yes twitter Facebook and google are good avenues but the real core community are on reddit on other forums. This will make its easier for the cream to rise to the surface

I still can not understand why they did it, the critics are the prospect, and the future, and they put a ban, it's some kind of incomprehensible domestic policy.

They think thy are helping the naive. When in reality it only keeps them dumb.  Humans learn by touch and feel not being told to do something.  If they get scammed by an ad one would hope they learn from that.  Of course I do see many people goto casino time and time again. So again you ask why this is necessary. I guess to keep some from committing suicide from believe a crypto ad that will double their btc in 24 hours ::)

It can be a big problem for the bitcoin industry specially for designating and spreading for informations.The best way to spread information are by the means of social media sites where many people usually visits.So if they banned ads, it could be a threat.

Many crypto ads i want to post them in crypto group in facebook but i can't do that so i think the ban of crypto ads in facebook is begun

Although they cover advertising Google and other information carriers of social media, how do we promote advertising then those who participate in the bounty? I think that this is all lies and do not cover anything.

I think the news is not entirely true, indeed google will prohibit crypto is very powerful news but if for facebook and tweeters that I have never seen. I think if facebook and tweeters will be banned it will be very detrimental because the market in social media is also very impactful.

How are the twitter campaigns and facebook campaigns if they cancel that they will stop the campaigns from being said to be babanned, if they are just how people who want to earn bitcoins or tokens and how others rely on the bounty campaign So, in the signature campaign they will only get a bitcoin. They have been expanding their ads on cryptocurrencies ads, but they have to stop the bitcoin that they have been supposed to stop, all of which will stop the bitcoin users from worrying about.

I still can't understand why they did it, and it's a big blow to the encryption market.

Many people have criticized the cryptocurrency as a scam, but now the blockchain technology has been used in every field.

There is no denying that some ICO projects are frauds, but they do not represent the entire cryptocurrency.

it is very difficult to understand why banned ico ads on social media. Social media is profitable in advertising overwhelmingly losing money that enters them even when google ads need them to be banned by ico. I love the big money because of ads.
 if it is true that it has big advantages with bitcointalk members joining campaigns I think it's bigger than it gets in its campaign because it rewards its because of the bitcointalk just spin the advertising of ico, it's just my opinion.

I have been a victim of blocking facebook account, they have banned this crypto ad because their site does not profit from crypto ad, hopefully io, can fix it, facebook and Twitter can run smoothly in gift campaign.

I think it would be hard because social medias are best way to introduce you projects almost people or investors now are using social media but there are still other social that ICOs can spread there projects but until they didn't ban we will still continue spreading on social.

The banning of crypto ads in different social media sites have a bad effect in us specially, bounty hunters and developers. For sure, a lot of crypto enthusiast will affect much by banning of crypto. In addition to that, it is possible that many ICOs will decline and will result for crash in cryptocurrency. But I think the positive side in this ban, signature campaign will become the biggest allocation of bounty rewards and definitely, telegram will be the only medium of communication in online setting.

This is quite bot good for ICO's since social media is a great way to advertise easily and free. It can affect the ICO's that are soon to open. They will get less advertising thus making hard for them to be known.

Maybe social media should just impose regulations rather than completely banning them. If not they will just look a bit greedy since they will look like they banned them because they are not earning from them.

I guess this is the time where people think of an alternative rather than protesting, well there will be Bitcointalk.org who will still be up and running. To people who have the means they should make a site which Facebook and Twitter are merge in one. But thinking about it seems far from being happening as people are busy being traders and stuffs that took most of their time.
I saw some projects here that are social media sites that uses Blockchain, but it's the same as other ICO who needs a fund, common and ignorant people no nothing about it that is why one of the best way to teach them is through FB and Twitter. So what is the best way to solve this upcoming problem? Are we just gonna go with the flow and do nothing?

I heard only about advertising crypt. I do not think that everything will be so critical. Not so fast. In any case, iso must experience some changes. In connection with the increased popularity.

Of course, with the prohibition of cryptocurrency ads the number of sales iconya will be reduced but I believe the effect of this ban is only temporary in the future if it is Twitter, fb, and google banned ads bitcoin then dev and bounty manager will not enter Twitter, fb, and google as bounty again and investors. And that means we can not go back to social media bounty.

Google will ban advertising in ICO and cryptocurrency markets in June this year.
However, facebook has banned the ICO ads, and it seems twitter is going to take further regulatory action, but I'm not sure about the specifics.

if google , facebook, twitter finally ban crytocurrency advert . there is still way out . bounty and airdrop will stop temporary. after while there will be another way to adverts cryto .there are social/search engine that are ready to replace facebook,twitter and google.they will loose value and other crypto media will emerge

I couldn't agree more with you, I wrote this in one of the other threads already too, but I'm curious about some thoughts here, as I don't see this as inherently bad. Ultimately, if we want bitcoin, alts and cryptos, in general, to become more mainstream and continue to grow then we definitely need a form of regulation (as much as that may counter argue the decentralized system itself) and a way to curb scammers.

Keep in mind that every person who gets scammed will voice their opinion as loud, if not louder, regarding why everyone they know should avoid bitcoin, etc.

I actually don't see this as a bad thing; when I was discussing this with friends and family over the holidays, I had to encourage people to avoid investing before they did a lot of research (not only on the coin/project, but the platform/exchange itself). It would be a good thing for our community if we could create a safer (and easier) way for people to invest into the projects we know and back.

This about general stock investments; anyone can walk into a bank, fill out a form and begin trading and investing. If investing in cryptos was as easy (and safe, in that you won't get scammed through a bank), then some of those same people may shift their investments to "our world", so to speak.

Maybe I'm wrong here, but I don't see this as inherently a bad thing. Definitely a bit of a knee-jerk reaction, but maybe it has to be done in order to curb the growing appeal of scammers. I'm very sure that well established projects and exchanges, as well as major coins will shortly continue to find a way to advertise. Likely, Google and the rest will also create a sort of internal advisory board to approve/deny up and coming projects that wish to advertise. Keep in mind that Google makes a ton of revenue through their advertisement platform, it's not in their best interest (either) to completely shut the door on such a lucrative and up and coming market.

just my 2 cents.

I think this is not possible because there are currently Facebook and TW campaigns so they will not ban the commercials on the Crypto market, but on google and other forums, they may. These ads will not be allowed to affect the market because there is a substantial virtual currency market.

I cant understand why why are doing this, but I think after 1 year, everything will changed

If you carefully read this news, then you should know that no one can forbid you to do "like" and "repost" on your wall, some kind of ICO project. There will be no illegal and pop-up advertising everywhere. Nothing terrible has happened, the awards of the company will only advance their projects with the help of the community.

Maybe it will not effect on ICO. They just ban for crypto ads. Not more than.
Anything can not be affect on crypto, maximum it can be price up and down, thats it.
So, wait and see.

everyone asks why facebook, twitter and google do it all, and i assume this is strange but this is a business that everyone knows with many ico projects that use social media may not be of much use to them,

From my understanding, Facebook and Google has decided on this matter already and they published a timeline on when this ban will take effect, I am not sure with Twitter if they finalized when this ban will start or if they will also join the ranks of Facebook and Google not to support Cryptos. But even if this 3 social media sites close their doors to Cryptos, Cryptos will continue to evolve and will find its way to peoples email, messengers and other forms of communication. Facebook, Google, and Twitter are just another social media sites. They are not the only social media site available in the web.

just read this arctile https://steemit.com/community/@charles1/google-joins-facebook-fud-to-ban-all-ads-related-to-cryptos-and-why-this-is-good-for-crypto-lovers and I am more optimistic about cryptocurrency

Yes, that's great news. Cryptocurrency was created to be a 'currency', not some investment asset. Now, the real people interested in blockchain and cryptocurrency will hold and stay. We don't need millionaires and billionaires to invest and rock the market. Just some honest few is enough for the crypto world! Thank you.

I see this situation very seriously because Google, Facebook or Twitter is the Media I use today to advertise Bitcoin or other crypto currencies. the question is why is this happening? The real thing here is that they are afraid that their popularity will be tarnished by fraudsters advertising crypto currency with the intention of deceiving Social Media users through Ads that give free Coin in their Media so they are worried about the big bad effects! Stop and Go from here SCAMMER ....

I'm not too surprised with this information, Twitter may have been under tremendous pressure from Facebook's earlier move. Twitter is preparing to revise its advertising policies, and perhaps the ban will be made globally. But according to the information I know, the ban will not be too strict and there may be some exceptions. And I think we can still post about cryptocurrency, maybe they just ban the paid ads like facebook

They need to think this first wisely because I think that twitter,facebook and google are somehow paid by these bounty campaigns through their paid ads so basically they have profits too in these cryptocurrency ads. I don't think that they will easily ban all those bounty campaigns from using their app because it will affect their income too. In some point, like the other said here that banning these kind of ads is a must in social medias like twitter and facebook because some people are using it in the wrong way.

First, Facebook has already banned the ads of all types of ICO on its network, and Google will do the same from June 16th. Twitter will not ban everything, the ban will have exceptions, which means that legitimate businesses will be able to advertise their products and services.  :)

I think it is not completely ban but some regulations are possible in the crypto platform and Google regulation are executed in July. But Facebook already announced the ban in crypto advertisement but Twitter is impossible because all the peoples are matured person so some issues are possible in twitter regulation. I don't believe these kind of crypto advertisements because I am always analyse the road map and white paper.

This situation is quite interested. All popular add systems are united against crypto communicaty. More interesting things are that these compaines are based on internet companies. Actually they should support good projects.

I am not too concerned about the prohibition of some of these social media services because any such ban will not have too much effect on bitcoin price movements because the ones that determine the bitcoin price are real users themselves and now many smart bitcoin users have responded various issues. Do not worry about negative things like this news because it is a good thing for the future of bitcoin and the technology it uses.

This is great news, actually. Google, Facebook, and Twitter are shooting themselves in the foot. They will lose more by this ban than crypto. After all, there are many other ad networks and social sites, which aren't that overcrowded yet. I see this as a huge chance for crypto ad networks and social media to expand.

I don’t know what will happen but what is pretty clear is that there are too many coins and too many ICO’s. Most coins future value is 0, apart from 4 or 5 at most, and if you look at their capitalizations nowadays you can see a lot of speculative money put there with no grounds.

I think all these companies are banning crypto ads for different reasons. Facebook and Twitter are doing it for political reasons. They don't want to be blamed when people inevitably get scammed. I think they are also afraid of the government and banks and are giving into pressure from those sources.

Google however I think is planning on coming out with its own cryptocurrency. They are banning ads to reduce competition and to try to make sure only their crypto gets all that great ad space. You can hold me to my crazy prediction.

In reality none of these companies should ban crypto ads that are following SEC guidelines.

When Facebook had previously banned ICO advertising, I thought that there was a Twitter platform that could be promoted. But now even Twitter has banned ICO ads. I think this is a disaster for Bitcoin.

I already know about this news. and their decisions not only affect the ICO but also affect the crypto trade. so there will be no more facebook campaigns, tweeters and videos.

so I think ICO allocation will be more maximal for signature.

Before this action was taken on the Twitter platform, both Facebook and Google restricted financial advertising due to concerns that cryptocurrencies were suspected of illegal activities. Advertisements that are currently banned worldwide cover the first token distribution (ICO), tokens, and cryptocurrency wallets.

I think these 3 big  platform ban crypto ads because they dont allow any scam and 0 valu program. now a days people try to follow social media hype thats why scammer spread there rumor on social media to provoke it i think its time to stop that types of bad project.

No matter what reasons are, criminal, scammer... they will be all gone.
The main reason is they are preparing for something big for their own good.
Let's see and we will know soon.

If I am not mistaken, Facebook took the first step in not allowing crypto-related advertisements. But still I can see crypto ads until now. However, it should be noted that Mark Zuckerberg is seriously taking a look with interest at crypto. Google then followed a little later although I think this has yet to be finalized and implemented. Twitter seems to imitate the two online giants. I am not sure whether they are serious about it but it seems the news is true. There seems to be a lot of crypto-related spams on Twitter. This might be one of the reasons why they decided to do this.

They just ban the ads for crypto. That will benefit the bounty because then the coin issuers can only through advertising channels as individual users

Yaa i see last night twitter also do same thing like fb and google. i think its only reason to stop fake scam ico . people are alwyas lose money to invest  scam ico i think social  media can play big role to stop this types of activity.