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Author Topic: They are Banning crypto every where - now facebook  (Read 448 times)
edsnow2017
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January 31, 2018, 01:14:47 PM
 #41

First they ignore you, then they laugh at you, then they fight you, then you win. I think we are at the fight phase.

You got a good point, this past months facebook is just ignoring the promotion of ICO's and other business that associated with cryptocurrencies but after the huge promotion about ICO they are now banning it. But not banning groups in facebook
associated with scamming people.
i think this is unfair not all ICO's are scam.
jakezyrus
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January 31, 2018, 01:18:23 PM
 #42

Well I think if that would be the case then those bounty hunters will really be out of place of sharing those kind of advertising on the Facebook platform. Hope that they will just consider the one from a scam coin rather than just banning all of the advertisement posted by the project or by some individuals. I think it needs to be discussed thoroughly before they implement it just a sudden.

For sure they only ban those unkown ico that seems shady but not all ads that related to crytpo because i still see some crypto related ads on facebook. i also dont think that it could affect those bounty hunters as facebook only bans ads and not the post itself therfor bounty hunters can still post links and share post from a crypto or an ico page. besides there are still twitter and youtube or any other social media that fully accepts crypto to their platform .
Stedsm
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January 31, 2018, 01:25:55 PM
 #43

Facebook has a new advertising policy pertaining to cryptocurrency, binary options and initial coin offerings. The policy specifically prohibits ads that promote those types of products and services “that are frequently associated with misleading or deceptive practices,” Facebook Product Management Director Rob Leathern wrote in a blog post today.

Check and try to understand what the guy tried to say:

Quote
Cryptocurrencies like Bitcoin, Litecoin and Ethereum, and initial coin offerings have all hit the mainstream, which has promptly resulted in a number of scams. While Facebook says it wants people “to continue to discover and learn” about those products and services, “there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith,” Leathern wrote.

https://techcrunch.com/2018/01/30/facebook-is-banning-cryptocurrency-and-ico-ads/

He's not against crypto, but the companies that they think, might be conducting some illegal practices or may not be in the interests of their users.
If you would have been at his place, you may have taken the same decision to save your users from having losses whether it be related to finance or data.
Many people over Facebook and any other social media are totally unknown of the cryptocurrencies and their nature and under the effect of greed, these people invest and lose sometimes and start blaming these mediums only. Such people are lazy enough to even bother to learn more about these things and plunge into crypto after which they are left with just one thing - and that's regret over their decisions. I urge these people to please do a thorough research before getting into this - you should really know what you are getting into.

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