Facebook bans cryptocurrency ads..

[Everglow]

I think it's not a new, because last month i can't post .io link to my face. 

[btcyoda]

this news was bad. why would they make such a decision? FaceBook increased its profit by 25 percent this year. If this situation continues, the amount of profit will decrease

It is one of the drawbacks to facebook but the thing here is there are many fakes ICO launching and advertising on Facebook. In order to control these may they are taking this decision and in terms revenue this year they will get very less amount for sure.

[blackhart7]

good for bounty hunters ..because of ico owners cannot advertise on fb they will increase bounty prizes for facebook bounty 

[sunnycoiner23]

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.


https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

i think they are doing this because they are making a currency of their own it's like a marketing stunt by them.

[newcoin1]

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.


https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

i think they are doing this because they are making a currency of their own it's like a marketing stunt by them.

[crypto440]

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.


https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

i think they are doing this because they are making a currency of their own it's like a marketing stunt by them.

[makerst]

Yes, I heard about this ban. Of course, from our point of view, this is bad, because we simply took the opportunity to simply promote our product, and of course, of course, I think all this is connected with the warriors of banks and crypto-currencies. And what do you think about this?

[yunuzov]

Well this doesn’t come as a surprise to me. This is a war between centralized and decentralized economy. Facebook and similar companies are against idea that crypto stands for.

[jackolinyoko]

They will only stop accepting cryptorelated and ICO paid advertisement to their advertising program in facebook,but it doesnt mean that they will ban all the users from posting and sharing links about these ICOs,cryptocurrency promotions,relax this is not a new thing in facebook.

[rhayot]

Facebook has a right to ban anything that may affect their site, but this is a sad news for the users who are participating in a facebook campaign. But what we can do, is just need to accept their decision and respect it. Hopefully, other social media will not be discourage in advertising the cryptocurrencies.

[Docbee]

This info is being mixed up the ban is an ad ban and posting of ico related link a lot of bounty hunters are afraid this will affect them.
It is only ad ban, an ico page on facebook are not affected and as an hunter sharing the ico post won't be affected also.

[SugoiSenpai]

Great news. Most of them that do ads on Facebook are scams anyway.

I agree, the main reason that Facebook banned Crypto Advertisements is that there are too many Scam Altcoins that try to deceive people into investing into them, this is a big problem for the Crypto Community because it will give them a bad reputation because of Scamming other people. It is a good thing that Facebook banned this type of Advertisement and to prevent further deception from scam artists.

[biskitop]

Actually it is less effective to promote crypto on facebook. People are not at all interested in cryptocurrency advertising, trading forex and the like related to money and trading. But very unfortunate also if in bans, because members who participate facebook bounty campaign will be difficult. The most effective in my opinion is a special seminar that discusses cryptocurrency.

[mvplol]

Does anyone know what date they are going to shut down the ads? I'm still seeing wepower ads on my newsfeed.

[gigatux]

this is just facebook's way to avoid scammers. Facebook said that it is the only way to prevent people from advertising what the company is calling “financial products and services frequently associated with misleading or deceptive promotional practices.”I think it's a good thing but newbies will have a hard time to rank up.

[Hammerman]

Facebook said that they took this step in order to protect their community from fraud. But it seems to me that they do not say everything. I think that they want to monetize this advertisement. Because big money passes them. This is a very large platform for advertising. And I think that now project developers will have to pay. We are waiting for a response from Twitter.

[ShineftChaos]

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.


https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

If they ban crypto currency ads in facebook. Why is it whenever i check who message me on messenger there is an ads of different ICO. In my point of view, if fb bans crypto ads and there will be no facebook campaign anymore it will surely affect low ranks here in the forum.

[manlyxman]

Facebook said that they took this step in order to protect their community from fraud. But it seems to me that they do not say everything. I think that they want to monetize this advertisement. Because big money passes them. This is a very large platform for advertising. And I think that now project developers will have to pay. We are waiting for a response from Twitter.

Honestly I think this is a good thing as most of them are just scammy anyway.

Of course, it's interesting that there are some rumors Facebook is thinking of starting their own coin.

[pantek talacuik]

it is the fraudsters who make the crypto currency image worse. actually facebook is doing a good move. but there are also bad effects of it all. because facebook is the most widely used social media person.

[madushanperis11]

As per the post, it say that Ads are banned, any idea about people sharing post related to these subjects. Some bounty programs have taken this into unnecessary complexity level and these are the facts of this kind banning, as I think. The better side of this is, the new project team will think about this and they will make a good, quality projects so that any medium does not want to stop them.