Facebook and Instagram have banned advertising Bitcoin and ICO

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The company Facebook has updated the rules for placing materials, now it is forbidden to advertise crypto-currencies and ICO on the expanses of the service. This prohibition applies to Instagram as well.

The official message of the company says that now no advertiser, including even legal companies, will be able to advertise Bitcoins and other crypto-currencies, as well as offers to purchase tokens within ICO or binary options.

All of the above Facebook calls financial products and services that mislead users. Facebook specialists gave examples of such advertising:

"Start trading binary options right now and get a 10-year trade guarantee without risk."
"Click here to learn more about the risk-free crypto currency, which allows you to make instant transfers around the world."
"The new ICO! Buy tokens at a 15% discount right now! "
"Use your retirement savings to invest in Bitcoin."
In the message of the director of product management in Facebook, Rob Leuven said about the reason for imposing a ban on such advertising: "We want users to be able to learn about new products and services from advertising on Facebook, without fear of fraud or deception. Nevertheless, there are many unscrupulous companies advertising binary options, ICO and crypto-currencies. "

I think the ban from facebook is not against cryptocurrencies as from examples advertising lists tell other such as binary trading, and the point is just UNSCRUPULOUS to be the target of ban. Inline with other news that Zuckerberg is also want to learn crypto, perhaps they will classify to filter the bad ICO and crypto for ban and passing good one, hopefully.

[investgeek]

Hi all,

What do think about Welltrado (www.welltrado.io)? I saw Celcius network already raised 30M usd, do you think Welltrado could raise more?
I would like to invest in this ICO, but I'd like to hear your opinions.

Thank you for you answers 

[zakariajaki]

The company Facebook has updated the rules for placing materials, now it is forbidden to advertise crypto-currencies and ICO on the expanses of the service. This prohibition applies to Instagram as well.

The official message of the company says that now no advertiser, including even legal companies, will be able to advertise Bitcoins and other crypto-currencies, as well as offers to purchase tokens within ICO or binary options.

All of the above Facebook calls financial products and services that mislead users. Facebook specialists gave examples of such advertising:

"Start trading binary options right now and get a 10-year trade guarantee without risk."
"Click here to learn more about the risk-free crypto currency, which allows you to make instant transfers around the world."
"The new ICO! Buy tokens at a 15% discount right now! "
"Use your retirement savings to invest in Bitcoin."
In the message of the director of product management in Facebook, Rob Leuven said about the reason for imposing a ban on such advertising: "We want users to be able to learn about new products and services from advertising on Facebook, without fear of fraud or deception. Nevertheless, there are many unscrupulous companies advertising binary options, ICO and crypto-currencies. "

I think the ban from facebook is not against cryptocurrencies as from examples advertising lists tell other such as binary trading, and the point is just UNSCRUPULOUS to be the target of ban. Inline with other news that Zuckerberg is also want to learn crypto, perhaps they will classify to filter the bad ICO and crypto for ban and passing good one, hopefully.

I hope hopefully not tighter anymore, I just hope from the project or social media give a little gap, for example just do "like" on facebook, because some times I try to "share" can not, but other on twitter can still do "retweet" or "like", hopefully still we can work with calm, spirit of friend

[Barbatsutsa]

That's a very bad news - that's one of the factors why we are experiencing the bear market; it's too strict as for me.

[$Darkloard$]

There is no thin without good. In this case, the importance of this forum will increase, since it advertises the crypto currency, and first of all the released tokens during the ICO. Participants in the campaign of generosity will be able to receive a decent profit. So it's not all that bad.

[21millionsbtc]

apart from Reddit every social media like google facebook and twitter gave strict rules for banning of ico ads it is good in one sense but in other sense all coins will find organic traffic here on words

[JoshuaBlack1]

These social media platforms will be irrelevant soon. I think people are waking up to the negative effects they have on society. So I say let them do it, makes them even more irrelevant. Side note: it may actually be good to weed out the scams

[hekimogluburaketem]

There is no thin without good. In this case, the importance of this forum will increase, since it advertises the crypto currency, and first of all the released tokens during the ICO. Participants in the campaign of generosity will be able to receive a decent profit. So it's not all that bad.

[andygloster1]

This is generally unfair! They violate the rights of citizens. Everyone is free to choose what to advertise. I do not understand this at all.

[rog1121]

have long since found a way to bypass this ban, change one letter in the word "ICO" and you're no longer a crypto-currency project ... it's another bounty campaign, there are requirements to write links, hashtags of projects, but they are blacklisted platforms, this certainly does not know what to do.

[X-Block Official]

twitter and other social media may be useful for ICO promotion.

[CryptoPowerL]

After there are many scammers who collect money and deceive people, such prohibitions appear. Of course, this will become an obstacle for the whole community of crypto-currencies, we already observe this in the ban on advertising. But this is just a small obstacle, I believe that soon the ICO sphere will be settled, the number of scammers will be less

[benhill]

Those organisations that banned advertising bitcoin and ico can do so just for a short period. The top world countries will soon adopt crypto since fiat money will soon face off, digital currency is in control now.

[getFIFO]

Hi all,

What do think about Welltrado (www.welltrado.io)? I saw Celcius network already raised 30M usd, do you think Welltrado could raise more?
I would like to invest in this ICO, but I'd like to hear your opinions.

Thank you for you answers 

better question is what do they need that much cash for?

[noxlord93]

it was already a very long time and yet, everyone continues to advertise

[kazakovv]

I think it was planned in advance. It is large marketing the course for big players. I do not trust in it. To whom was it favorable? Think think think

[xsantana]

what did you say until this time happened.
old news about social media prohibits cryptocurrency advertising but until now it can still be found, it can be said that this is wrong news

[mriansa]

I think it's just bad rumors that try to make traders panic and try to knock down the price of bitcoin, it should not be able to influence the price of bticoin and can keep prices expensive. but already a lot of traders are panicking so the price collapses.

[Opnsrc]

I think it's just bad rumors that try to make traders panic and try to knock down the price of bitcoin, it should not be able to influence the price of bticoin and can keep prices expensive. but already a lot of traders are panicking so the price collapses.

I can understand why they ban the ads related to crypto, ICOs, etc. There are too many scammers, and the audience of social medias includes too many people who trust anything they see in the internet. I don't think that ICOs will suffer much from this ban

[ToyotaFortuner]

I think that is just a conspiracy so that many traders panic and eventually make the price at this exchange place collapse because many are panicking and selling their assets at cheap prices.