Facebook bans cryptocurrency ads..

[trantu0490]

I do not agree with that we work well and do not violate the law why it can be so and I hope it is just an issue is not a reality and if it is true maybe we should seek a work agreement

[walleconomy]

I think that the main argument in banning advertising crypto currency on FaceBook is that FaceBook itself wants to launch its service on the blockbuster and therefore tries to restrict itself from competitors.

[green.grass38]

I saw this news today also. The ban may not last forever though, those advertisements make FB money and thats the name of the game. They will probably have a more stricter guideline as to who can advertise.

[@bamaricibo]

This is an old news, but I still find that part of it now has a heavy impact on the Crypto market. Google has issued a policy prohibiting the advertising of Crypto, but now still apply advertising, they can not be banned.

[lalatao79]

This is not a serious problem when I heard that FB ban other cryptocurrency because they will co-operate with Litecoin. So, do not too worried about some bad news. You must research carefully before making decisions

[amadorj76]

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

To me I feel that facebook is being threatened by the power this new technology offers. They are adjusting to the institutions who see cryptocurrency as a threat to their monopoly. Maybe they know that a new financial order is about to emerge and are doing all they can to stop it.

I understand why the facebook banned the cryptocurrency ads on their website because there are many scammers that rides on the popularity of facebook to fool people and scammed people. Facebook is only protecting the rights of their users to the scammers.

[skiorf]

Does it really reach the final decision of banning the cryptocurrency ads in Facebook? Well, I'm still seeing some ICOs promote their project in the FB. but, of course, I believe that FB may ban the ICO that uses the spams in promoting their project. Some bounty participants that spam or scam on the FB are also going to be banned. but, for some good and legal ICOs, I think that they are still allowed with no spam or scam.

[bilal_jan321]

To me I feel that facebook is being threatened by the power this new technology offers. They are adjusting to the institutions who see cryptocurrency as a threat to their monopoly. Maybe they know that a new financial order is about to emerge and are doing all they can to stop it.

You are right. Data is the new currency of 21st century and is used by big technology giants to monetize for their own benefits giving nothing in return to the end user. They are seeing the blockchain technology a threat to their business and this move is just to secure future of their business.

[mattcerna16]

I don't blame them, too many scams on there.

[dazuixia456]

This event can definitely influence the Bitcoin value on the market. Facebook is one of the biggest companies on the market now. I am not sure whether it is the right move for this company or not. I hope that have planned it through.

[Dblue]

The banning is less of facebook not being in support of cryptocurrency. It is more of the platform trying to protect their users from getting scammed through these ads which are obviously placed by scammers to lure unsuspecting victims who just want to invest. This is good for the crypto market too

[Rexxxem]

ICOs used to have a lot of traffic from there as far as I know. Probably, we will see more sort of listings sites and more ads there.

[twitami1]

Facebook forbidden to post advertisement of any cryptocurrency, ICO and binary options on their sites – the Facebook, Instagram and Audience Network (advertising on third-party applications), said the Director of product line Facebook Rob Lizerne on the website of the social network.

Advertising these financial instruments often misleads users or is associated with misleading methods of promotion, says Facebook. Many companies that now advertise these tools, work in bad faith, also noted in the message. based on their official statement, everything looks logical

[emanjun]

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

Can you think what would be possible to happen if the facebook ban all crypto currency? Banning crypto currency is such a coward move. Lets not be blinded by those news, we are here to earn not to criticize someone or something.

[hoangenc9z99]

This is obviously not good news, but facebook's founders are interested in encrypting money markets, they simply ban the advertising of ICO, but do not ban the encryption of cryptocurrency markets

[sammy2394]

As being one of the giants in the world in terms of the user base, Facebook has so many users that if it were a country it could be compared to China, the reason I'm telling you this is because facebook banning cryptocurrencies has an adverse effect as many of the world's leading governments will also follow its path.

[maydna]

This is obviously not good news, but facebook's founders are interested in encrypting money markets, they simply ban the advertising of ICO, but do not ban the encryption of cryptocurrency markets

I think that they have a secret plan to create their own ICO and they want to get involve in cryptocurrency since, in the cryptocurrency, they can reach more profit. maybe they did that is because they don't want to see that their user see too many ads about the ICO that can make their user being scam by the programs. we don't know what exactly their reason for banning cryptocurrency ads and until now, they don't make a clarification about this and I think it is better that we don't have too often to place the ads about the ICO in the facebook.

[adzino]

This is obviously not good news, but facebook's founders are interested in encrypting money markets, they simply ban the advertising of ICO, but do not ban the encryption of cryptocurrency markets

I think that they have a secret plan to create their own ICO and they want to get involve in cryptocurrency since, in the cryptocurrency, they can reach more profit. maybe they did that is because they don't want to see that their user see too many ads about the ICO that can make their user being scam by the programs. we don't know what exactly their reason for banning cryptocurrency ads and until now, they don't make a clarification about this and I think it is better that we don't have too often to place the ads about the ICO in the facebook.

The banning was an old news. It has been almost two days since facebook decided to unban ICO related advertisements from their platform. The ban of advertising ICOs was due to high increase of scams and misleading information which made facebook partly responsible for letting those advertisements up. We hope that the current unban will positively affect the market.

[1cak]

I had time to read news from bitcoin news that Facebook will reopen crypto ads on their platforms, this is certainly good news and a sign that crypto is being accepted as a revolutionary technology

[Brat ipoh]

this news has spread several times and I am not so confident with this news even though there are many media that load this news, and its real until now facebook campaign still exist.