facebook bans bitcoin

[dupee419]

Heads up, Facebook will now be reversing its ban against crypto ads, however they do not have their plans on making all crypto ads available, so this time they'll be very pick on the ICOs that will be advertising through FACEBOOK, and it is a good idea since some ICOs are really just useless and just shows meaningless advertisements on the social media platforms, so I think it is a good idea for Facebook to become very decisive.


Here's the link of whoever want to know more about it: www.recode.net/2018/6/26/17505876/facebook-cryptocurrency-ads-bitcoin-ico-ban-reversed

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[taeewo]

This is old news though but when they initially banned it then i said they will retracted it which i believe it can be done now as people still using facebook to promote crypto.

[Yusuf77]

I really don't get and reliable news about this matter and also the campaign are still running including facebook campaign then how could it possible.

maybe it's just a new discourse because there's no news and like you, I've also never heard of it, but we see maybe someone will be able to provide a link about this.

indeed we do not know fully whether Facebook really prohibits bitcoin. but every time I open Facebook there is no crypto or ico advertisement. Facebook prohibits bitcoin from being afraid of fraud. because a lot of ico ico ended in fraud .

[Odik_sidik_04]

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" .

I think Facebook has its own rules to protect users from digital money fraud or cryptocurrency. because not all Facebook users, especially those who advertise a coin, are deceiving. then Facebook must be more observant in deciding the ban.

[vnudelll]

I think this is part of the policy against fraudsters and also facebook is developing its own virtual currency.

[monkeyking03]

Facebook ban bitcoins ads because of other users violate there rules actualy not only bitcoin they get ban even dome other ads because of consecutive posting in their timelines  that the main reason why they get banned.

[Alamin9884]

Facebook is a waste social media site, i really hate it. because as per them it violates their content marketing policies. It will really have a negative effect in the crypto space.

[Nanbaka]

yeah, i heard about and read this about the news that is spreading in facebook that they will ban bitcoins, even groups which supports bitcoins. but hey! as long as there are people using bitcoins. people can find ways hehehe

[nak02]

Well nothing new about that because it's last year since bitcoins was popular and now they ban it because it's cause flood or spam in the facebook and that's not good for other people who are not related into it. But I guess we have some websites or forum that accepts bitcoins and other crypto currencies for advertisement just like this and etc.

[Tahir460pk]

If it's a true new than it's not a good news thats Facebook bans bitcoin their are alot of media medium who supports it but this type of news descourage and making down also popularity of Facebook.

[Cruzz1999]

news on the ban on bitcoin in social media makes bitcoin and Altcoin prices go down. at the moment we have seen that bitcoin and Altcoin are getting cheaper. everyone is worried about the state of bitcoin and Altcoin in the market because they are afraid of losing more if the price of bitcoin and Altcoin cheaper.
and i dont know about the news of  banning cryptocurrency in facebook 

[bitcampaign]

So I think, blockchain technology will continue to grow in the future so expect social media to be created to compete with Facebook, no need to worry about Facebook

[thankyoulord]

The updated policy and prohibiting the advertisement of bitcoin and cryptocurrencies on the facebook social media is only a step to limit or eradicate deceptive and elusive adverts on the platform. It has no personal bias against cryptocurrency nor bitcoin. So it's quite understandable what they are trying to do. But basically, i think the idea and bright innovation of bitcoin isn't a thing to worry about. It has been proven over and over again that blockchain, if traded in the right manner and caution, will become the new thing in the economy boost, so let's just enjoy and welcome the new thing as it makes its way into the space.

[Diced90]

Well, this is not ideal but at the same time is not the worst news that could have happened. Facebook is not much of a player in this game which is why I think fb banning won't mount to much. What do you lot think?

[io.219832]

Good riddance, many times those ads were dishonest and frauds.

Honestly id like to see them come back but regulated.

[eashikde]

I think that social companies play an important role in the development of cryptocurrency and Bitcoin. Facebook is one of the world's leading messengers.
by user communication. I think soon they are allowed to publish articles and information about Bitcoin, for its rapid dissemination.

[mlsbd]

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.

But why facebook announced planning to explore in crypto currency platform? and i see still facebook promoting crypto advertisement.
Scam project easily promotion by facebook platform think of negative side.

[rindayle]

I think that the cooperation between them must be present, as Facebook international social network with millions of users. This type of cooperation will speed up the process of learning and advertising bitcoin, which will increase the number of interested people.

[Mhd-Bobbi]

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!"

I do not think that all of these ads will be deleted by Facebook, because there are several advertisements that lead to fraud, there are some non-fraudulent advertisements, depending on permission requests from Facebook.

[zwiggel]

This is bad news. Facebook banning bitcoin will make the electronic money market more difficult. Coin prices will fall. Many investors do not buy and store coins.