Facebook Is Banning Ads for Bitcoin and ICOs

[White Christmas]

I think one of the reasons is that these ICOs are really enticing and promises big returns. Most of of them are lending platforms that encourages beginners to invest.

I think it because there are so many ICO's that was made this year and facebook was afraid that facebook will become a center of communication about cryptocurrency and it will change its real purpose which is to have entertainment and communication. Facebook maybe protecting and keeping their mission and visaion why they made it.

[mr_enoc]

I think this is not a good idea for all upcoming ICO because  not all ICO are scam.  Regulations are truly needed to avoid the scammers from doing a scam ico.

[Blackwhite69]

I think this is not a good idea for all upcoming ICO because  not all ICO are scam.  Regulations are truly needed to avoid the scammers from doing a scam ico.

There should be a regulation on ICO that can make us believe that the project is not scam in this forum and show the truth of a project so that no more people are not paid for their hard work.

[Edi86]

banning ICO advertisements on Facebook may be an inappropriate decision. Bitcoin now has spread to all sides, and this is my mutual benefit between facebook and ICO itself. Facebook visitors will probably increase with the ICO / Bitcoin

[AliciaHenry12]

The ban on Bitcoin and ICO projects may be due to pressure from governments, who want Facebook not to include cryptocurrency ads if Facebook does not like them so they may not be circulated in that country.

[TurboPower]

https://www.coindesk.com/facebook-banning-advertisements-bitcoin-icos/


"Social media giant Facebook has unveiled a new policy that bans advertisements involving bitcoin and initial coin offerings, among others..."

This can influence the promoting procedure of new approaching coins, yet in any case despite everything we have different means and approaches to tell the general population about the cryptographic money. Facebook may took a gander at the negative side that ICOs have, I can feel the conclusion of facebook for not all or most ICOs are shady and simply center in benefit taking. They may surmise that they are being utilized by the shady ones, the dismal part is that there are ICOs that merit contributing to and holds a great deal of guarantee later on. Expectation they will alter their opinion and turn things around for the advantage of the entire biological system of cryptocurrentcy.

[team87]

maybe Facebook has its own policy or some kind of space to give ICO ads. I don't think that will last long. and I hope it's just a warning. even though that is the right of the facebook owner. sorry and sad about this news.
 

[amobi]

its so unfortunate that all these big third party giant companies don't want to embrace crypto, instead they are banning it on their websites, will i call it jealousy or what, i really don't get why facebook should ban Ads for Bitcoin and ICOs 

[Bitlats]

Hi people!

Whats u think together develope FB group like this?

https://www.facebook.com/groups/sale4crypto/

https://www.coindesk.com/facebook-banning-advertisements-bitcoin-icos/


"Social media giant Facebook has unveiled a new policy that bans advertisements involving bitcoin and initial coin offerings, among others..."

[dillema018]

It is natural that Facebook will ban some crypto ads if it is spamming the page, Its their system works, because of people extensively post ICO news without any interval.

[guruge87]

It was not faire, because of ICO prmotion must be major part of all projects

[serjent05]

It was not faire, because of ICO prmotion must be major part of all projects

The ban has been revoked actually. Although the ban on ICO remains and there's really no blaming facebook for their decision.

It has been well known that many ICO out there turned out to be scams. Due to ICOs being an unregulated means of crowdfunding, a lot of people took great advantage of it and scammed people left and right. Some even resorted to identity theft, using other people's name and posing with their professional credentials.

Perhaps until there comes a disruptive implementation of ICO standards, we won't see facebook allowing ICO promotions on their platform.

[solenn heussaff]

https://www.coindesk.com/facebook-banning-advertisements-bitcoin-icos/


"Social media giant Facebook has unveiled a new policy that bans advertisements involving bitcoin and initial coin offerings, among others..."

I am upset when I read this news because the banning of ads from Facebook will affect the promotion of bitcoin in country. Facebook is the most popular social media so it will be a big loss to our bitcoin.

[moonami]

https://www.coindesk.com/facebook-banning-advertisements-bitcoin-icos/


"Social media giant Facebook has unveiled a new policy that bans advertisements involving bitcoin and initial coin offerings, among others..."

It is a bad news to hear that Facebook is banning bitcoin and ICO ads. I hope that Facebook will allow ads because they will earn money from the ads. And I am upset that a huge company don't accept and support bitcoin.

[Thecryptocurrency09]

https://www.coindesk.com/facebook-banning-advertisements-bitcoin-icos/


"Social media giant Facebook has unveiled a new policy that bans advertisements involving bitcoin and initial coin offerings, among others..."

We are all aware how influential is the use of bitcoin nowadays which made it suited to have the title giant. This has been proven with some surveys on how large is the scope of Facebook on today's generation. Therefore, relating it to bitcoin or losing connection of bitcoin from Facebook could accumulate large loss for bitcoin.

[nauredok]

facebook thinks of bitcoin, facebook sees this bitcoin as a hacker's hacker place and is very misleading, so this is what causes bitcoin in facebook blocking. but not just bitcoin including ICO, binary option and cryptocurrency.I think facebook would be regulating these crypto ads or maybe should do some filters for crypto ads.

[SaeedKhan996]

Just screenshot this, Soon Facebook will be creating their Own coin and in coming years starting their ICO, because they know how fast Crypto currencies were adopted.

[smyslov]

https://www.coindesk.com/facebook-banning-advertisements-bitcoin-icos/


"Social media giant Facebook has unveiled a new policy that bans advertisements involving bitcoin and initial coin offerings, among others..."

After 9 months they are still implementing but any facebook users can post Ico ads on their wall and on the facebook groups and pages where they are a member and own, this is the reason why there are still facebook bounty campaign in every bounty campaign.

[Perkovic]

already a long time ago everything is good in this respect and I once again saw that it was an artificial decline in the market

[Bustart]

It was not faire, because of ICO prmotion must be major part of all projects

The ban has been revoked actually. Although the ban on ICO remains and there's really no blaming facebook for their decision.

It has been well known that many ICO out there turned out to be scams. Due to ICOs being an unregulated means of crowdfunding, a lot of people took great advantage of it and scammed people left and right. Some even resorted to identity theft, using other people's name and posing with their professional credentials.

Perhaps until there comes a disruptive implementation of ICO standards, we won't see facebook allowing ICO promotions on their platform.

Facebook is one of the most popular networking sites. It is valuable to create a brand, can be the best platform to create and promote projects or advertise business. It has a wide coverage all over the world, it connects people from different walks of lives. However, if it decides to ban ads for bitcoin, then there's nothing that we can do about it, that's how it works. Bitcoin can still work and grow, it is not dependent on Facebook alone. But let's not lose hope, we can still be the media to others and promote Bitcoin and ICOs.