The trillion dollar question: What w'd be the impact of Facebook ban on ICO Ads?

[Opurum]

People think this is big news but I really don't think it is. I never pay attention to the Facebook ads and never get my information off of them. It shouldn't impact the market that much, if at all. The decline is due to something completely separate.

I am one of those who think the ban will have significant impact on the crypto community. Missing out of a market of nearly 3 bln population is great loss.

[Lemer]

People think this is big news but I really don't think it is. I never pay attention to the Facebook ads and never get my information off of them. It shouldn't impact the market that much, if at all. The decline is due to something completely separate.

I am one of those who think the ban will have significant impact on the crypto community. Missing out of a market of nearly 3 bln population is great loss.

Indeed, the loss of such a big flow of publicity is a huge blow to the ICO market.
It's because of the facebook channel that new investors are coming in,

[Emilyearl]

It will be a big blow on the cryptospace. But nevertheless, curiosity will still drive the market and bring in new investors and new monies.

[slaman29]

This forum recently banned ICO ads. I'm pretty certain that has a far bigger impact than facebook does, and anyway Facebook users by and large still don't really go for crypto (they're the Palm Beach Confidential types anyway).

All the better in my opinion. The sooner we see less of these ICO flash in the pans spam our internet space, the better. The blockchain development scene is stagnating with all these impossible ICOs siphoning off millions of dollars in funds for developing nothing but hype and solutions we never knew we needed.

[lovemsngr]

This is a real blow for those who are engaged in bounty campaigns.I think that everyone will massively go to twiteer. I hope it does not follow the example of Facebook. There are always hard times, but it's not worth it, I'm sure that everything will go well.

[anasso]

there is no impact of this ban because facebook is just a minor way to attract new investors.

most of people come to this website to see and discover crypto's. this is why signature compaigns have the biggest shares.

[qiwoman2]

This will only drive crypto enthusiasts from these mainstream corporate giants like Facebook into more decentralized versions of social media. Of course this may affect the amount of new money flooding in from mainstream sources into Crypto as the banks clamp down on us and mainstream media and social media turns their backs on us and bans us crypto lovers. The war is on, do we sit and fight or cut and run? That is the big question to ask now. It's do or die for crypto lovers everywhere..

[Kavallo]

I don't think that Facebook's ban will have any major impact except for Facebook's ad revenues. But of course it can be used to make negative hype on Bitcoin by the Mainstream media, possibly for reasons of market manipulation.

[OgNasty]

The trillion dollar question now is, how would these developments and particularly the ban on crxptocurrency Ads by Facebook impact our beloved industry, considering the fact that the industry and ICO promoters rely on Facebook to reach over 2.7 bn people?

I imagine it will result in less newbies investing in scams.

[onyebuchi81]

Cryptocurrenccy is a selfselling business.i remember the first time i heard of bitcoin and after a 20 minutes research on google i was hooked for life.with cryptocurrency Every news good or bad is positive publicity.its too hot to ignore.man in nature is greedy.no right minded person will ignore a business that gives u more than a 1000% ROI within the blink of an eye lid.sure some people get burned.but when they look back at the choices they made in their formative years in cryptos they realise their mistakes and then embark on the right part.China ban ICO and somes exchanges but Cryptocurrency instead went on to attain a market cap of more than 0.7 trillion dollars.Who Knows maybe the facebook ban will be the spring board that will launch a 1 trillion markey cap.if  the most populous country couldnt do it then a mere website has no chance.cryptocurrency is the new normal,the generatioNEXT.KIK joined,LINE is next in line ,Telegram is not far behind.Facebbok is bound to join.who knows this might be  a publicity stunt.Cryptocurrency is a past moving train with no control.u either join or get roll over.Facebook or no facebook crypto is heading to the moon.And anybody who reads about this ban and dedicate 20 minutes of his/her time to do a research is bound to get hooked like me.Crypto is like that girl u love ,hate ,fight,querrel,saperate,make up but never leave

[shield132]

Most of us in the cryptocurrency business anticipated and even predicted that 2018 could be the golden dawn of cryptocurrency. But things seems not to be going in the expected direction following series of unfavorable winds currently blowing against the industry. First, it was the aborted move by some authorities in Seoul to ban cryptocurrency trading in South Korea, followed by some pessimists remarks on cryptocurrency made by some high influence figures in the financial sphere. And then the record breaking hack of a Japanese exchange with about 530 mln dollars reported stolen. These incidences have shaken up the cryptocurrency market and significantly shrinking the total market cap from over $799bn in the first week of January 2018 to under $600bn at present. Now, the winds against cryptocurrency continues to rage as social media giant Facebook bans all cryptocurrency Ads and ICOs. Bombshell!

The trillion dollar question now is, how would these developments and particularly the ban on crxptocurrency Ads by Facebook impact our beloved industry, considering the fact that the industry and ICO promoters rely on Facebook to reach over 2.7 bn people?

The one thing which I appreciate from facebook is that decision. Will be great if google follow them. There are a lot of scam projects promoted by using both websites. Just by typing mixer on google, you can see a lot of scam websites in top results. Do they need promoting? Use bitcointalk or I don't care, it's not my headache. Here you can find almost every serious person + good people, so great place. It will be hard to gain trust here too.

[European Central Bank]

hopefully it'll save a bunch of newbies losing all their money.

icos will probably also be hit with some heavy regulation this year in the places that count. ideally it would kill off this 'industry' completely. it hasn't come up with squat so far.

now what we really need is youtube but there's no way they'll clamp down on it there.

[bandungan]

Most of us in the cryptocurrency business anticipated and even predicted that 2018 could be the golden dawn of cryptocurrency. But things seems not to be going in the expected direction following series of unfavorable winds currently blowing against the industry. First, it was the aborted move by some authorities in Seoul to ban cryptocurrency trading in South Korea, followed by some pessimists remarks on cryptocurrency made by some high influence figures in the financial sphere. And then the record breaking hack of a Japanese exchange with about 530 mln dollars reported stolen. These incidences have shaken up the cryptocurrency market and significantly shrinking the total market cap from over $799bn in the first week of January 2018 to under $600bn at present. Now, the winds against cryptocurrency continues to rage as social media giant Facebook bans all cryptocurrency Ads and ICOs. Bombshell!

The trillion dollar question now is, how would these developments and particularly the ban on crxptocurrency Ads by Facebook impact our beloved industry, considering the fact that the industry and ICO promoters rely on Facebook to reach over 2.7 bn people?

facebook and banned ads ads for cryptocurrency will result in decreasing investors for the ico. because we know facebook today to be a very effective social media to attract investors, all circles have facebook account and use facebook every day. it will definitely hurt potential investors and ico because they will not be able to see good ico popping up on their verandas.
but if investors want to invest they should be more careful in searching for ico an not have to rely on ads on facebook because at this time they can not access ico ads on facebook.

[santiPOGI]

I think there will be no total ban on Facebook as the news said they will just block those ads and post on cryptocurrencies that telling ICO and some free tokens and for sale.
but still, a cryptocurrency project development maybe post there as long as there will no money attach or advertisement on joining and investing. NEWS and DEVELOPMENT will still be permitted to be on news feeds.

[8count]

Most of us in the cryptocurrency business anticipated and even predicted that 2018 could be the golden dawn of cryptocurrency. But things seems not to be going in the expected direction following series of unfavorable winds currently blowing against the industry. First, it was the aborted move by some authorities in Seoul to ban cryptocurrency trading in South Korea, followed by some pessimists remarks on cryptocurrency made by some high influence figures in the financial sphere. And then the record breaking hack of a Japanese exchange with about 530 mln dollars reported stolen. These incidences have shaken up the cryptocurrency market and significantly shrinking the total market cap from over $799bn in the first week of January 2018 to under $600bn at present. Now, the winds against cryptocurrency continues to rage as social media giant Facebook bans all cryptocurrency Ads and ICOs. Bombshell!

The trillion dollar question now is, how would these developments and particularly the ban on crxptocurrency Ads by Facebook impact our beloved industry, considering the fact that the industry and ICO promoters rely on Facebook to reach over 2.7 bn people?

Well the only negative impact with this ads ban would be the promotions of these new ICOs,because facebook has the biggest part of the modern promotional activities in cryptoccurency projects.ICO managers would have no choice but to remove facebook social media campaigns for the bounty hunters leaving twitter and bitcointlak alone.

Actually it will have 0% impact on Facebook social media campaigns. The ban is on Cryptocurrency paid ads that you make in Facebook by boosting your post. You're still aloud to post and share general cryptocurrency news and updates to your own personal timeline. I like the ban and if Facebook are happy to lose advertising money then i'm guessing their was government pressure put on them.

[penig]

If people really think losing some advertising on Facebook has a massive impact to crypto, then its not in a very good state.  ICO should not be a consumer product to be sold to alongside holidays, deodorant and betting.  It will raise the game of ICO that will need to focus on attracting those that understand the technology and hopefully reduce the outright scams.

[Opurum]

I think there will be no total ban on Facebook as the news said they will just block those ads and post on cryptocurrencies that telling ICO and some free tokens and for sale.
but still, a cryptocurrency project development maybe post there as long as there will no money attach or advertisement on joining and investing. NEWS and DEVELOPMENT will still be permitted to be on news feeds.

In that case, the impact is going to be minimal on ICO hunters and the crypto industry in general.

[Acguy]

I don't really think there will be an impact but I don't use facebook either so what do I know.

[unusualfacts30]

lol if you need face book ads to alert you to new opportunities and you have not heard and looked into btc by now you are either

1. old and don't understand internets and puters

2. lacking basic skills so are probably broke with no money to invest.




face book was good but in the end just brought in a load of freeloaders and general undesirables for this arena

face book banning anything demonstrates it is more centralised garbage ready to be made obsolete.

 

I agree with this. Facebook is very small place to advertise anything. There are other social media and places where you can place your advertisement. Facebook is slowly losing their trust value and they're doing all they can to blame their incompetence on others.

[gefander]

I was surprised, all of my ads that I paid for - were abruptly stopped. In fact, Facebook has refused a large number of money on cryptocurrency - in favor of any other sites. From the point of view of financial benefits is not a rational step, but probably it will slow down the development of the market as a whole.