Facebook banning All crypto ads!!

[allycn]

I would understand them wanting to protect users from possible scam (with so many ICO it is easy to get carried away, and if you are not familiar with crypto currencies it is risky). However, I was convinced FB ads were targeted ads, since all the ads I see are related to my last searches (ie. if I am looking at booking a plane ticket I get ads and "deals" to that location, if I did a Google search on cryptocurrencies I start getting ads for upcoming ICOs, etc.), so I think it is a bit pointless to ban them entirely as the common user will more likely not get them.

[andrew1carlssin]

and now the situation hasn't changed?still Facebook is blocked for advertising cryptocurrency? it seems that many people still participate in Facebook bounty

What is Facebook ?  

[tabas]

I hear that too about crypto ads, but I still see them

I thought I'm the only one who's thinking and seeing this. I don't know if facebook is telling the fact before when it was announced, I have seen a lot of crypto ads(ICO).
But for this time, I think they are all gone since last week.

[Timok Abiodun]

don't know about this yet... and i dont know if it has any region constrains, because i still see some crypto ads.
nevertheless Facebook isn't the only media to place ad. moreso, that do not stop us sharing and liking ads on our home and
page on Facebook.

[hacking13]

i dont know they have officially started doing that. i just usually notice which makes me avoid carrying some facebook campaigns. Its tiring when they have to keep flagging down your posts as Spam all the time.   Now that they have decided to be banning it.. i guess Mark is not a big fan of the Crypto World. He's definitely gonna have a motive for doing that.

[UsernameBitcoin]

It's a shame really, the ICO's overdid it a lot.  I always used adblock so never noticed much but when I found out on a friends computer I was shocked af. How can it be?

Still a shame, a lot of people joined crypto thanks to Facebook. Then again, most ads were targeted to those who already had crypto

[kxshcb]

Facebook has said it will block any advertising promoting crypto-currency products and services. That means no advertiser — even those that manipulate legal, genuine 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. Ads that disobey the company’s new platform will be banned on Facebook’s core app, but also in other places where Facebook sells ads, including Instagram and its ad network, Audience Network, which places ads on third-party apps.

[CONOFLEX]

They say  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.”I dont believed  that because every five post is about crypto.

[Crytptohack]

Zuckerberg is probably planning on producing his own crypto in the future for all FB users to use. Think about it, he will make even more money...   So why should 'his' platform post other crypto ads?

[itos]

I've rarely seen crypto ads running on facebook, does facebook prohibit me not knowing it
now many cyrpto ads appear on the website and it's a great strategy to promote ICO

[hisuka]

I've rarely seen crypto ads running on facebook, does facebook prohibit me not knowing it
now many cyrpto ads appear on the website and it's a great strategy to promote ICO

I'm still seeing numerous of ads in facebook promiting their Ico. Yes one of a strategy though but hope it will lifted and allowed it in social media. Because this is also way to attract investors to know more about cryptocurrency.

[wireless474]

I've rarely seen crypto ads running on facebook, does facebook prohibit me not knowing it
now many cyrpto ads appear on the website and it's a great strategy to promote ICO

I'm still seeing numerous of ads in facebook promiting their Ico. Yes one of a strategy though but hope it will lifted and allowed it in social media. Because this is also way to attract investors to know more about cryptocurrency.

Same here. I still see them all the time. So I dont  know how they are choosing and picking which one gets to advertise and which ones don't..

[StevenPop]

This was expected after it banned BTC, Facebook probably ha its reasons for banning crypto adds, you may never know what their plans are

[Oneandonlydl]

Facebook banning all cryptocurrency related ads is a double-edged sword. On the one hand, this will protect the common layperson with no knowledge from ico scams and phishing sites. However, it will also deter the development of reputable and legit startups and possibly inhibit the mainstream adoption of Bitcoin and altcoins, not to mention the loss for bounties. Facebook banning all of it in such a fashion also send a negative message about cryptocurrency as a whole... This will have far greater reaching implications than anyone of us can foresee at this time.

[alroys]

I've also heard the news, if Facebook prohibits the advertisement of cryptocurrency on the facebook page. but in fact I still find many ads about Cryptocurrency on Facebook. so I doubt the truth of the news.

[AristoteI]

I think that this is not true. Facebook has a lot of information about cryptocurrencies. Every day I see a lot of information about cryptocurrencies in Facebook. I think it's just a rumor.

[mhsingh]

Yes Facebook Banned Crypto adds coz people are scaming through links, many people have been cheated through facebook.

[Khaconk]

I think Mark is doing this for the good of their members, we know that in the end many bad guys are making fake ICO projects,

[sophiastacruz]

Really? I didn't know though. There are others ways to promote crypto anyway

[Kobro]

Facebook bans everything that way and also sends negative messages about blindness as a whole, this will have far greater reach implications than can be expected by people today.

If Facebook prohibits Cryptocurrency ads on the facebook page. But actually I still find ads about Cryptocurrency on Facebook. so I doubt the truth of the news.