Facebook is banning all ads that promote cryptocurrencies

[lobo13hf]

Does anyone know if this will also affect Facebook bounty post shares?

I imagine they'll be closed down soon enough as well.

As far as i know that will not give a lot of impact for your facebook account until there is someone will try to report your post as a spam. Because after ads of crypto already banned by facebook and it maybe considered as spam. Be careful when posted anything in facebook. But as long as the facebook fan page of ico still not get closed by facebook and i think that you will be fine.

[serkhio]

I am concerning two problems.
What effect will cause in the cryptocurrency?
How about the bounty project like facebook campain?
Both of them are related to myself.

[sandos]

i think it is a normal thing they will do. Because they dont wanna be related with illegal of crypto. they will ban crypto ads but i think it is not an important thing.

[Fokl]

I think facebook's policy is just as wrong as any other social network that sets its own rules for using content. Pornography, violence, propaganda of terrorism must be monitored and unacceptable. and what is the fault of cryptocurrency in General? Let the rating ICO give those individuals and companies who do this professionally, and otherwise get me silenced and not allowed to Express their opinion. No freedom of speech.

[nikaPetro]

Now there is a feeling that all social networks will introduce a ban on advertising cryptocurrency,and there will be only specialized forums and sites for this.
Only if some countries support the cryptocurrency,the g20 summit endorsed the same.Why are they doing this?

[leynylaine]

Paid Ads are banned but it can still be promoted in Social Media. Well it's not yet totally band technically. Still it has a good purpose on using social media to promote cryptocurrencies.

[Psalms23]

I didnt really see this happening. I can still see some accounts adverstising crypto everyday. And how does this banning works? If wee share or repost something from and ICO page (like for the Facebook Campaign), is it included in the ban? Because all my posts about crypto is still present.

[AiwaDima]

Well, there is still no such tight prohibition, I see people are still advertising everything connected with ISO. I THINK ONLY after a while they will finish it and improve it

[cris ronaldo]

That is a bad news with the crypto community, but anyway it is true that so many ico that advertising companies carry all the fraudulent, I think it takes time to prove and then hope that fb , as well as other media will have a more open look at crypto

[Monkeyseemonkeydo]

Not quite correct really, they're banning all attempts to give any info about an ICO but they're not touching the informational resources that are just posting news or articles.

[insomnia79]

I think if facebook ban the advertise for bitcoin in that platform, we still can advertise by ourself with join the bounty campaign in facebook with post that we make so we can spread the positive benefit that cryptocurrency will give to us

[Mypanara19]

I hope this is just a rumor and that it is not true because it will really affect the advertisement of the entire cryptoworld and all the bounty hunter as well since facebook is a very huge market place for any business or any venture.

[Donovan XXL]

And in two weeks, it will be Twitter. Who cares anyway?

[GerardDurwin]

Facebook is banning all ads that promote cryptocurrencies, including bitcoin, in an effort to prevent people from advertising what the company is calling “financial products and services frequently associated with misleading or deceptive promotional practices.”

That means no advertiser — even those that operate legal, legitimate businesses — will be able to promote things like bitcoin and other cryptocurrencies, initial coin offerings — ICOs for short — or binary options, according to a Facebook blog post.

https://www.recode.net/2018/1/30/16950926/facebook-mark-zuckerberg-bans-crypto-advertising-bitcoin-james-altucher

GREAT!!!

MY eyes hurt from seeing these scams....

[Tylev]

In my opinion, this is due to the fact that a lot of ICOs that people advertised were fraud and people complained, so now they will filter out the advertising of various projects

I, too, do not see anything wrong with this. There is a fight against fraud on Facebook, since fraud has now become a very big problem for people. In addition, I think that effective methods are being developed to combat fraud and these restrictions will still change for a positive result. Therefore, it is too early to panic yet. There is a normal process of regulation, because complete anarchy in the crypto currency is beneficial only to scammers.

[acquafredda]

I do think that Facebook has much bigger problems compared to those brought by cryptocurrency ads.
https://www.csoonline.com/article/3263709/security/facebook-security-chief-alex-stamos-reportedly-planning-to-leave.html
So good I am not on Facebook and I couldn't care less about the above. IMHO they could go bankrupt right now.
Remember you are the product on Facebook

[VanKleiss]

Facebook is banning all ads that promote cryptocurrencies, including bitcoin, in an effort to prevent people from advertising what the company is calling “financial products and services frequently associated with misleading or deceptive promotional practices.”

That means no advertiser — even those that operate legal, legitimate businesses — will be able to promote things like bitcoin and other cryptocurrencies, initial coin offerings — ICOs for short — or binary options, according to a Facebook blog post.

https://www.recode.net/2018/1/30/16950926/facebook-mark-zuckerberg-bans-crypto-advertising-bitcoin-james-altucher

Posting and comments is permitted in Facebook. I see lots of post as advertisement but they are not banned. Maybe they are referring to paid advertisement that they handle. For me it is a good move to avoid scam ICO that is rampant in the industry.

[jvdp]

I do think that Facebook has much bigger problems compared to those brought by cryptocurrency ads.
https://www.csoonline.com/article/3263709/security/facebook-security-chief-alex-stamos-reportedly-planning-to-leave.html
So good I am not on Facebook and I couldn't care less about the above. IMHO they could go bankrupt right now.
Remember you are the product on Facebook

Facebook has become a part of every people life now. We cannot separate it from the every city people as I know. I have other person replied here states that positive information about the ICO and cryptos have not been stopped in using it.
If there information we can bump the thread, I do not think there any necessary to talk about the facebook and cryptos in one hand.

[dimon01]

I read about the fact that Facebook will have to pay 50 million users for 20 thousand dollars for data leaks, so I do not think that the company generally can withstands it.

[farland7]

I think that Facebook has forbidden the advertising of cryptocurrency because of the large number of scams and swindlers among those projects that are advertised