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Author Topic: What's effect Facebook banned will have on ICOs today  (Read 1065 times)
StrongWind
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February 07, 2018, 03:03:54 PM
 #21

They just clear the space for advertising their own cryptocurrency and/or ICO.  Cool
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furry04
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February 07, 2018, 03:15:04 PM
 #22

in my opinion it would be better for ICO`s as they would have to make more stable marketing strategies and attract real investors on the other hand I think that this will promote the growth of blockchain based social media platforms like Steem.
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February 07, 2018, 04:07:38 PM
 #23

in my opinion it would be better for ICO`s as they would have to make more stable marketing strategies and attract real investors on the other hand I think that this will promote the growth of blockchain based social media platforms like Steem.

Already everyone got know about bitcoin and ICO investment. I do not think that it will affect the crypto market. Moreover i think it is a positive information according to my view. After they banned you may find the investor look to promote in the forum and twitter alone.
People does not understand what will after one move corporate only feel bad. Investors holding for long time does not care at all.
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February 07, 2018, 04:41:11 PM
 #24

Facebook have it new policy pertaining to initial coins offerings 'ICOs' . The policy specifically prohibits ads that promote ICO on it platform.
The banned is due to the fact there are so many companies who are advertising ICOs that are not currently operating in good standards and faith.
In the meantime, Facebook is encouraging people to report content that violates this new policy.
What effect do you think this will have on ICOs and future  of cryptocurrencies?
Facebook, as a place where there are any and all people wasn't the best place to advertise ICOs anyway, so this won't influence crowdfunding process much. Apart from the specialized forums, like Bitcointalk, there are still Reddit and Quora Smiley
It really would not have much influence on ICOs. Google ads are still often used for ICOs, twitter at least for now still available and some other various options as well. A lot of real investors are even hardly found on Facebook anyway. Most of them make use of some ICO listing webs, or twitter to get ICOs they can partake in. So at the end, Facebookwill just have a very minute impact that won't be felt at all.

Firstly, Facebook is not the only platform that adverts are done, and even though automatically Instagram is affected, I really do not see how this can have a huge effect on ICOs. Twitter is still there, articles are written to promote ICOs, the forum is also there as well and there are some websites that ICOs are promoted as well. At the end of it all, ICO's progress is not tied to Facebook’s advert.
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February 07, 2018, 11:56:29 PM
 #25

Facebook have it new policy pertaining to initial coins offerings 'ICOs' . The policy specifically prohibits ads that promote ICO on it platform.
The banned is due to the fact there are so many companies who are advertising ICOs that are not currently operating in good standards and faith.
In the meantime, Facebook is encouraging people to report content that violates this new policy.
What effect do you think this will have on ICOs and future  of cryptocurrencies?

Facebook's involvement with ICOs is a ban on advertising. Because there are so many ICO scam models advertising on Facebook that lead people to cheat and lose all their investment in ICOs. It does not affect Facebook bounty campaigns at all because it is not a form of advertising on Facebook.

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February 08, 2018, 05:53:29 AM
 #26

Facebook ban ICO and bitcoin ads to avoid or to reduce the deceptive information or scams.

This kind of banned could really affect in case of contacting people by each other but there are some other schemes to communicate y Telegram or Twitter.
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February 08, 2018, 06:39:41 AM
 #27

And maybe it's because of the amount of fraud (scams) or uncertainty about the advertisements that's related to the crypto.
By the way.. it's just on facebook, there are still many other social medias that can be used for advertising about cryptos / ICOs.
I think this only gives a temporary negatively effect only.
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February 08, 2018, 10:56:29 AM
 #28

What effect do you think this will have on ICOs and future  of cryptocurrencies?
The effect has been effective immediately and I have a feeling that this is related to the plummeting of bitcoin. Adding to the impact of the slow down for its increase that resulted to a big crisis while there's a big crash that's happening. This can be experienced for now but as others said that its only a very minimal effect as cryptocurrencies are growing, people are becoming aware of it and they are starting to have an idea that they can have a good return with ICO's so they will keep on finding out the best place to advertise and investors will just use search engines for these projects to chase them.
There is a big difference between investing in Bitcoin and investing in ICOs, so whatever happens to ICOs has nothing to do with the price rate for Bitcoin. And I believe that the reason Facebook banned ICOs is because there are lots of fake ones, so they won’t like to see their platform being used to promote scam and the rest of them. It’s likely that people has been reporting such advertisements on Facebook, especially those that hates Facebook.
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February 08, 2018, 11:07:28 AM
 #29

Facebook is one of the best social media used by almost all users but it is not the only platform for advertising, so a ban on this wont have strong effect on ICO projects as still there are lot to promote like twitter, instagram, telegram, by any one means people will be aware of ICOs.

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February 08, 2018, 02:08:17 PM
 #30

It can create an huge trouble for those weak hand people and we can see some dumps if this one will be happen, but this one will be temporarily happen since their are still faceboon bounty ads will exist and huge whales,investors will see the coin product since the bounty participants itself will spread the word about their project.

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player514
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February 08, 2018, 05:22:21 PM
 #31

Facebook have it new policy pertaining to initial coins offerings 'ICOs' . The policy specifically prohibits ads that promote ICO on it platform.
The banned is due to the fact there are so many companies who are advertising ICOs that are not currently operating in good standards and faith.
In the meantime, Facebook is encouraging people to report content that violates this new policy.
What effect do you think this will have on ICOs and future  of cryptocurrencies?

This takes a pretty big toll on all projects really. Advertisement is huge and has a pretty big impact on the investors who are planning on getting in. The only thing I can see that might not make this as bad is that a lot of average users on Facebook probably barely know about bitcoin, much less ICO's. So it's possible that the lack of advertisement on facebook isn't as big as it seems, but I think that theory is a pretty big stretch myself.

ICO's need to get out and let people know about their projects as much as possible if they plan on being successful. It's the way start-ups make it big, and I see ICO's as nothing more than a start-up, albeit in a more developmental stage.

This area is up for grabs! PM me if you're interested.
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February 08, 2018, 05:28:53 PM
 #32

Facebook is considered as first social media platform right now
It's not the first social media platform right now. It's the most popular but it's not considered as the first social media platform. And whether they ban ICO's advertisement they really doesn't care about it because there are other ways to advertise and not only through them.


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supermine
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February 08, 2018, 07:08:29 PM
 #33

I don't think it made a big effect on ICOs because still facebook campaigns can do their job but only the paid promotions is restricted.Ans facebook is not a major platform of advertising about ICOs since many common people even don't know that word initial coin offering(ICO).But twitter has a big part in advertising about the new projects because most of the crypto related users uses twitter to get the latest news.
But many people think that facebook banned the ICO ads but they only stopped promoting them so banned is not a perfect word because it convey negativity to the people.
Oilacris
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February 08, 2018, 07:48:06 PM
 #34

Facebook have it new policy pertaining to initial coins offerings 'ICOs' . The policy specifically prohibits ads that promote ICO on it platform.
The banned is due to the fact there are so many companies who are advertising ICOs that are not currently operating in good standards and faith.
In the meantime, Facebook is encouraging people to report content that violates this new policy.
What effect do you think this will have on ICOs and future  of cryptocurrencies?
There might be a loss of advertising area or space but to think off not only facebook is the place on where those ICO could able to promote their crowdfunding yet there are still lots of places to choose from and also not all people on facebook are aware of crytpocurrencies existence which means theres still be some chances but it would rather be small on getting investors.If its banned then let it be but it cant really completely stop the ICO trend.

Zentor
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February 08, 2018, 07:56:42 PM
 #35

Facebook bans only really bad ads which are making fake offers, promotions with posts and reposts still ok.
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February 08, 2018, 08:09:23 PM
 #36

Nothing. Everybody knows that most of these icos are scam. Scam projects harm Crypto Market really...And these links around... I am over REFICOAIRDROPPED ! 
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February 08, 2018, 09:33:35 PM
 #37

Facebook bans only really bad ads which are making fake offers, promotions with posts and reposts still ok.
I think now everything is fine and I still see a lot of ads about ICO project again =.=. It's very noisy and uncomfortable although I clicked to hide the ads several times but it's still there. But luckily for now I also can send any link on Bitcointalk to my friend again without any "space" between the link anymore.LOL

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February 08, 2018, 11:17:32 PM
 #38

not big effect
because baned only paid advertise, ico project still can open facebook campaign

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February 08, 2018, 11:32:39 PM
 #39

I don't think a big impact will be found on the ico's just because of the ban of cryptocurrency related ads on Facebook. Now the concern project team will find a way to promote through different platform similar to telegram to reach out the people.
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February 09, 2018, 06:08:29 AM
 #40

Icos just lost a place where they can advertise, but that is not a problem, they have many other social networks for that. Its questionable how popular Facebook is for bitcoin users, I saw that bounty campaigns are paying more for posting on twitter, medium, and telegram is very popular too.
Facebook is very big, they can't stay immune on crypto, they will need to find a way to get into all this, by accepting crypto or making their own ico. What ever they do it will be big, because they are big, and they have a lot of people there, they have money to finance what ever they wish and ways to promote it. Probably their only problem for now is legality, they can't make anything now and risk to be banned in many countries. When we see more regulations in crypto world, we can expect Facebook to make their own alt.

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