facebook bans bitcoin

[sicnarfkswiss]

Is it true that facebook is banning all advertisements for cryptocurrency, including Bitcoin ? but why?

[1715668806]

1715668806

[asdfbna]

Facebook said it will block all ads on its platform that involve digitally encrypted currency, including bitcoin, in an effort to discourage advertisers from promoting ads that the company calls "financial products and services often associated with misleading and deceptive promotion" .

[sadacoin]

Facebook will work to understand which ads are deceptive or misleading, and gradually promote the policy. Facebook, including its other platforms, including Instagram, will not allow ads like "buy bitcoins with your retirement fund!"

[jvdp]

Is it true that facebook is banning all advertisements for cryptocurrency, including Bitcoin ? but why?

Obviously! It is true Facebook is officially announced in the website. I think many companies are promoting the Facebook via but they don't spend any investment in social medias so Facebook should regulate the advertisement. It is draw back of Facebook campaign and many promotors are affected in this news. This is actual status in the crypto market.

[ntodntodan69]

facebook prohibits ads for crypto currency including bitcoin because more and more ICO who do fraud, therefore facebook prohibits advertising all digital currency

[Malam90]

I have read a post about it in coindesk.com. It says "Social media giant Facebook has unveiled a new policy that bans advertisements involving bitcoin and initial coin offerings, among others."  The news link is (https://www.coindesk.com/facebook-banning-advertisements-bitcoin-icos/)

[Achazia brigit]

hi,Buddies

i think

i agree with facebook , honestly it adv very distrubing while you browser on facebook

[ss890]

Is it true that facebook is banning all advertisements for cryptocurrency, including Bitcoin ? but why?

I believe this is a attempt to dishonest the whole crypto currency that is taking over the different platforms. Mr. Mark seems to be jealous (I think) and do not like the idea of decentralised platform really.

Lately there has been launch of many social platforms which are based on the decentralised block chain but Facebook never liked the idea of it as its killing the market of the Facebook with the full fledge.

There is social, nexus and many more platforms which are crowdfunding based along with he premium services of crypto based tokens. Im sure they are getting feel for that and doing this all to protect the monopoly of Facebook.

[jaylhynne018]

Is it true that facebook is banning all advertisements for cryptocurrency, including Bitcoin ? but why?

i think that's not true because i advertise some ico today and it will works so that is only a fake news to destroy crypto currency including bitcoin.

[reck1ess]

Is it true that facebook is banning all advertisements for cryptocurrency, including Bitcoin ? but why?

Really? they are banning all advertisements regarding to cryptocurrencies yet they are planning to create their own cryptocurrency?

Although the advantage of this is to lessen the scam ICO from getting investors. As well as stop promoting HYIP programs. But this would be sad for those who have legit projects which gain support from facebook users.

I just hope they would get a better result for this.

[Webcelerator]

Is it true that facebook is banning all advertisements for cryptocurrency, including Bitcoin ? but why?

i think that's not true because i advertise some ico today and it will works so that is only a fake news to destroy crypto currency including bitcoin.

It should be noted that all the sponsored links they will be considered in the course of the day. It is possible that soon there will be bot that will delete messages with certain words and hashtags. So don't be surprised when your reposts will not be available for viewing, and you will receive a message that your record has been deleted because it was spam.

[acell101]

ohh thats why I dont see some bitcoin post in my fb account now..I think this is a bad Idea for us because facebook is used by many, this is the site having the largest numbers of netizens. Facebook can help a lot in promoting bitcoins to be known by many. There were many scammers in facebook and they use both facebook and bitcoin to scam but there were also some ads on facebook regarding bitcoins that can help us. I found this news soo sad.

[ChickenDuck]

Yes, it's true:

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"

And the reason is here:

"This policy is intentionally broad while we work to better detect deceptive and misleading advertising practices, and enforcement will begin to ramp up across our platforms including Facebook, Audience Network and Instagram," he wrote. "We will revisit this policy and how we enforce it as our signals improve."

This maybe the reason BTC dip today below 10k$.

Is it true that facebook is banning all advertisements for cryptocurrency, including Bitcoin ? but why?

[jondel]

According to facebook, they are just trying to protect their users,  because of too many ICO and there's no clear regulation about upcoming ICO.
more details: https://www.ccn.com/facebook-takes-aim-at-icos-cryptocurrencies-in-new-ad-guidelines/

Do you think it's temporary or permanent?

[Dudy]

Yes but I think bitcoin is trying to protect his user from those scam user with fake ICO

[Rubble898zaitO]

This is the news link is (https://www.coindesk.com/facebook-banning-advertisements-bitcoin-icos/)

"We want people to continue to discover and learn about new products and services through Facebook ads without fear of scams or deception. That said, there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith." - Rob Leathern Facebook's Product Management Director.

This will really affect those who are in Facebook campaigns but its their way to protect their users. I really hope its just temporary. 

[blinchain]

I think that because of the uncertainty in too many ICOs and the existence of deceptive ingredients, Facebook has decided not to promote it at all, but it does not exclude Facebook's own intention to launch its own cryptocurrency.

[chacha66]

It wouldn’t surprise me if they were going to put out there iwn cryptocurrency. But then it could be part of a wider plan - a lot of FUD out there right now, this guy is adding to it. Its not like they care or have morals when it comes to advertising money, remember the russian bots and all fake news stories from estonia - they never pulled them cause there were creating traffic. Lets see

[carpencod]

I agree with facebook, too many dumb people on facebook that invest their money on rumours and without understanding the technology behind blockchain.

Protect uninformed people from losing money.

[mochisamichi]

On January 31 in 2018
Facebook has banned ads that promote bitcoin and other cryptocurrencies in an effort to protect its users from “financial products and services frequently associated with misleading or deceptive promotional practices."