Facebook reverse crypto advertisement ban

[Piskeante]

IT MADE NO FUCKING DIFFERENCE.

So , even for Whales this DOESN'T MATTER AT ALL.

So, this means it was false the drop due to this ban. If it had been for this ban, now that's not banning them the market should have gone up, but indeed it didn't.

[bitcok]

facebook is not the cause of the fall or rise in price, but the audience is the value of investors

[xianbits]

Facebook announced today that they will reverse crypto ads ban. Surprisingly, the market is still falling. Seems very irrational. Any thougths?

It was never the Facebook's policy that made this current situation in the market. Hacking is one great factor.
Anyway, where did you find this information? If this is legit, there will be a lot of happy people.

[Julunguul]

I think facebook has done Buy Order against BTC with a considerable value, and then load the news like this so, others want to invest because it is like Facebook has opened a hole and a chance for crypto to explore more broadly and get bigger investors

[krauzzer02]

Facebook announcement of the ban did not affect the price of cryptocurrency that much from that time so the same thing will happen if they will gonna lift the ban but Facebook lifted the ban with the restrictions of the promotion of ICO's and other related projects, crypto related ads must pre-approve first before allowing their own platforms or products to be promoted.
Here's the link that the OP did not provide https://www.cnbc.com/2018/06/26/facebook-is-reversing-its-ban-on-cryptocurrency-ads.html

[berezov_petro]

Facebook announced today that they will reverse crypto ads ban. Surprisingly, the market is still falling. Seems very irrational. Any thougths?

If you read this news carefully, you will realize that Facebook has not completely lifted the ban. Decisions about the ban are just a bit changed.

[pidobir]

Maybe the thing is that the market needs a little time to turn the direction. After all, the news is really powerful.

[Tatzky]

I think they have realize that they can earn from accepting advertisements from crypto on Facebook, or they have created contracts on crypto developer... About the ads publishing...

[saycryptohello]

Is it worth considering this as the beginning of a loyal campaign for cryptocurrencies? Or did Facebook want something new?

[cryptoking33]

Facebook announced today that they will reverse crypto ads ban. Surprisingly, the market is still falling. Seems very irrational. Any thougths?

I think there is nothing to worry about even though Facebook resend to their former decision about crypto adverts it could take some time before the market will reflect this changes. There might be other issues bothering the market now that could affect the price of altcoins.

[InGODweTrast3]

Yes, I also read that they made such an announcement, but they also clarified that this does not apply to ICO and binary opcions!

[Oleg12]

It's strange, if the news is bad, then the market is falling. But if the news is good, then the market does not react. This is the paradox of 2018

[Nicolaus Copernicus]

Thats a good news. But unfortunately at this moment the news can not put any effect on the market. I think  big whales are responsible for this circumstances. But hopefully it will grow back.

[waaat?]

It's strange, if the news is bad, then the market is falling. But if the news is good, then the market does not react. This is the paradox of 2018

News is so few that can't influence anything. The main concern from FB was ICO ads. Not coin but ICO. And unban coins ads not made anything. Because all group continue work. Some coins only feel ads lack. But what coin ads were give money? Not much as I think

[magpie_lover]

The ban on ICO related ads still continues I believe. And I don't think Facebooks call would have had any impact on the crypto prices. The market is following a trend which has been existent ever since regulators started seriously looking into cryptocurrency, especially the SEC.

[Mikcik]

Facebook announced today that they will reverse crypto ads ban. Surprisingly, the market is still falling. Seems very irrational. Any thougths?

If you read this news carefully, you will realize that Facebook has not completely lifted the ban. Decisions about the ban are just a bit changed.

Yes, they will allow businesses with cryptocurrency-related activities, services and products to be advertised. Meanwhile, the binary options and the ICO will still be banned from advertising on Facebook.

[bachus]

My thoughs on that are that Facebook ban on cryptocurrencies advertisement is that so significant thing to boil the market up. If you would say that European Union decided to make Bitcoin a trusted currecny.

[JoonasR]

IMO this news will have a great effect on crypto market. It changes a lot. For starters it changes the structure of ICO marketing. Maybe Bounty Reward Campaigns will lose their importance? Maybe Google will follow Facebook decision?

Facebook has over 1 billion active users, currently there weren't any cost-effective way to reach them. 

[engrshu]

I think this is very unfair, when facebook announced to ban those ads there was huge fud and panic selling in the market but now that they have taken back their decision it has no positive effect no the market, there should have been some pump today atleast.

As they've said, I also think that facebook banning some crypto ads has a big effect in the market. In the verge of the banning, the price by then is just moved a bit, it has an effect okay but not that much. There are other reason for this down market that we have now. But I don't think its a real bad thing, it's like an extended Christmas shopping! 

[akishang]

Facebook doesn't care if crypto market goes up and down. The reason why they banned crypto ads is because of the ICO scams that was using facebook to advertise. Facebook doesn't want to be part of that and playing safe. They are to blame in case the investor filed a case and chase those ICO scammers. Good thing they realize that they are not the one who will be blamed.