Facebook Is Banning Ads for Bitcoin and ICOs

[kasurnya]

Facebook does this because perhaps as a social media facebook does not benefit from promoted projects from their company apps, but as far as I know up to now, ICO ads via facebook are still allowed.

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[barabarian1]

this news will not significantly affect the bitcoin and altcoin. bitcoin users will continue to grow as ads about crypto through all social media. although facebook prohibits advertising about bitcoin, bitcoin will continue to grow as all countries do not forbid users to have bitcoins.

[rezciva]

This may affect the new incoming coin marketing process, but we still have other ways to tell people about cryptocurrency. Facebook may see the negative side of ICO, I can feel facebook sentiment because not all or most of ICO is shady and only focus in making profit. They may think that they are used by the shade, the sad thing is that there is an ICO that is worth the investment and holds many promises in the future. Hope they will change their minds and turn things around for the benefit of the entire ecosystem of cryptocurrentcy.

[ravijadon12jan]

I thik This can affect the marketing process of new incoming coins, but nevertheless we still have other means and ways to let the people know about the cryptocurrency. Facebook might looked at the negative side that ICOs have, I can feel the sentiment of facebook for not all or most ICOs are shady and just focus in profit taking. They might think that they are being used by the shady ones, the sad part is that there are ICOs that are worth investing to and holds a lot of promise in the future, fingers crossed. I hope they will change their mind and turn things around for the benefit of the whole ecosystem of cryptocurrency space.

[yohaa2017]

This may affect the new incoming coin marketing process, but we still have other ways to tell people about cryptocurrency. Facebook may see the negative side of ICO, I can feel facebook sentiment because not all or most of ICO is shady and only focus in making profit. They may think that they are used by the shade, the sad thing is that there is an ICO that is worth the investment and holds many promises in the future. Hope they will change their minds and turn things around for the benefit of the entire ecosystem of cryptocurrentcy.

Facebook is one of our ways to promote bitcoin. It's is way easier to tell people about cryptocurrency since most of the people has a facebook. It's a big loss for cryptos now that facebook banned bitcoin and ICOs. It's a big loss for those investors and believers of bitcoin.

Anyway, there's still other ways to promote crypto in social media. And I am also hoping that the founder of facebook and the entire team will change their minds about cryptocurrency and see the positive side of it.

[audreyking.king]

I also wonder why Facebook is forbidden to advertise ICO, But for me, like what other say, it was a harsh decision of Facebook.

[Easteregg69]

Wow. People still uses facebook around here.

You must be at least 100 years old.

I mean. If you ain't allowed to post tittie-shots ? I closed my twitter and facebook profile after i had police knocking at my door.


Anyways. Its a great media if you wanna cheer on the pope. Good clean fun. (Still a big fan of pontifex)

[Noilee]

That is a pretty strong move from Facebook, but they do have a history of making rash and unpopular decisions. I think people will gradually move away from Facebook as their censorship and nanny state ideas have basically ruined what was a useful tool.

I thinks it a wrong  news information,because until now people can advertise bitcoin in facebook or other kind of ICO campaign and i m the one to prove that,because facebook not probihited an ads in bitcoin ICO,because all have a free will to advertise or promote all campaign in your wall.the only things that facebook banned are those who sent a pornographic video,and picture they erased that contains to maintain the image of facebook in good advertising social media ads and site.but this cryptocurrency continue to its  own advertisment.

I agree, as we open the sites Facebook, the first we have seen or notice is that bitcoin was still there. Because Facebook  is for everyone and its free and who willing to promote if what would they like to advertise. But if Facebook banning ads for bitcoin there is a big effect, especially to spreading the good news about bitcoin. Bitcoin cannot be banned, because its very useful that can help a lot of people.

[ZZ8ZZ]

They are banning cryptocurrency related ads, but at the same time there are rumors that Facebook can launch their own cryptocurrency lmao. Just imagine combining blockchain with Facebook  it's pure BS if you ask me, but that's my own opinion. Also I recently came across few crypto related ads on Facebook which were not banned. If you have the knowledge to cloak your links well or just use a paid cloaking service you can put any type of ad in Facebook. It's not going to last much, but still it can attract few thousands of people 

[dengineersprof]

Shocking I must say and I am surprised as well. But I think the reason they started banning was because of the numerous fraud that were associating with it frequently. In order to save the community from numerous attacks. They had to totally take it out until they find a way to keep these under checks.

[Froloff92]

I think there are still some cryptocurrency ads and ICO hanging around in the facebook window, and there are also google ads that still provide cryptocurrency ads, in my opinion it's just a conspiracy alone that makes new investors play panic and eventually sell their assets and many players old who took the opportunity to buy as much as possible.

[player1001101001]

facebook has create new policy that prohibits ads such as binary options initial coin offerings and cryptocurrency. that's why right now we doesn't see any crypto related advertisement on facebook.

[chidrawarster]

Its pretty strange news for me. On the one hand facebook being social media platform is used as an advertising platform as well and on the other hand they are banning the crypto ads and Ico's .I fail to understand this decision and also may be they are looking from long term point of view to just be away from crypto and not be held responsible for scam ico.s We do not know but this may also be a reason ,lets hope best and ensure the crypto world is still respected.

[Twkasun52]

i was always wonder,is facebook bounty posts,repost also prohibited? we can see lot of people doing facebook bounties upto now.

[bitcoincass]

facebook is good for hookups  but its absolutely useless for valuable information.

[Emilyp]

I think they are trying to distance themselves from whatever problem might result in investing in ICOs. We are aware how some has give a bad reputation to cryptocurrency by conducting scam ICO. I believe Facebook just want to protect users and also their image.

[maculeth]

I think that's not a big deal. facebook itself lately received some bad news about leaking user data. ads that are blocked on facebook is not too big. the most important role is advertising on youtube.

[peterpeterpeter]

I think this is a bad move for the facebook founder.
Because this is threat that some users of Facebook who are also bitcoin users maybe cut their connection and shift to other social media.

[dutchkay]

This is no spinner again. Banning it will be hard at first but with time the crypto community will adapt to it. Blockchain technology and cryptocurrency and two fires that cannot be quenched. They will only slow it's wildspread but making it stronger to stand on its own.

[FXTradingPro]

This is so typical of Facebook as being reactionary. It seems like all they do is respond to problems of abuse of their service. It wouldn't be too difficult for them to validate the ICO or have standards for advertising.