Facebook reverse crypto advertisement ban

[alexzorgo]

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

Very interesting action on the part of Facebook.
At the same time, there are no similar actions on the part of other participants in the ban on advertising ICO projects (Google, LinkedIn, Twitter).
I think this may indicate A Facebook attempt in the near future to start attracting investments for its blockchain platform and its own cryptocurrency.
Therefore, in order not to criticize the biased approach and double standards, Facebook cancels its ban on ICO advertising in advance.

[steplaza]

seems like a good news for the crypto world. I've read there are still restrictions, selected advertisers are allowed, which I think for the moment is a good choice

[yuzefa]

This is a great news for the cryptocurrencies world.
Facebook is the most used social network and we can reach a lot of people advertising there.
But please consider also Facebook will make A LOT of money from crypto advertising! They mostly did it for this

[zamani12]

first and foremost, the ban on cryptocurrency advertisement was totally a wrong idea but thank God the ban has been lifted. at the moment we do not expect the market to be flooded, it has to take some time after which it will bonce back.

[Udrujes]

They may have realized that they made a mistake or invented how to cash in on this or how to simplify the process of advertising on facebook.

[Sniper76]

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

I'll tell you more. Facebook is hiring a large number of Blockchain programmers. This can only mean that facebook has begun to develop its own coin.

[thewolfinthewide222]

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.

[timmmers]

I have heard that Facebook are interested in buying Coinbase, so maybe thats why they suddenly change the opinion.
But regarding advertising I don't see that Google banned cryptocurrencies advertisements...

[kajiado]

facebook wants to make money, and after the SEC ruling their lawyers might have told them that they will have little or no risk.

[Ochusol]

I think they only reverse ban on crypto ads but still maintain the ban on ICOs. Whichever way, I believe the market will pick up again, maybe some persons are still uncertain on what the final decision would be as people are also keeping eye on twitter.

[Mikcik]

I have heard that Facebook are interested in buying Coinbase, so maybe thats why they suddenly change the opinion.
But regarding advertising I don't see that Google banned cryptocurrencies advertisements...

Yes, When we heard from Facebook they banned crypto related ads, but during that time I still saw daily crypto related ads on my Facebook timeline. And Facebook has also set up a Blockchain research unit that will report directly to Facebook chief technology officer Mike Schroepfer. A coincidence is the former manager of the David Marcus Facebook Messenger application and is currently a member of the Coinbase board

[harbin55]

I think the facebook just protecting the interest of public sincein
the cryptocurrency group here are lots of people who tend to do scam scheme which is a really threat for the public and company itself

[coin-investor]

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

They are not including Ico and binary from that lift, it is still a good news Facebook has a lot of targeted community and their algorythm   is great however the price is not yet increasing but hopefully this will contribute to the recovery of cryptocurrency in general.

[Tactical Genius]

The market falling had nothing to do with  facebook ads being banned.And in fact naturally the market doesn't respond abruptly to such news,it takes some time before it recovers.In any case,most of the whales kept pulling out cryptos and those who bought around 20k have eventually lost faith and decided to sell off despite their losses.

[mightname]

All they deprivation is gain. No lone add them doctor up cashed ads than ICOs. Though the administer ads of ICOs were dead on Facebook, diverse ICOs were exploitation escape close to not at once foretelling their site on the contrary promoting their common sites and groups.

[Lannie25]

It will be sad that the facebook banned the advertisement
but when they reserve it and allow the advertisement then we can be able to informed other people and help them to become successful.

[Gattehutroll]

Gosh finally the good news

[nojumkel]

This is something for reasons unknown. inversion of this news all of a sudden and positively does not have a particular premise. On the off chance that to be sure there will be an ascent I figure these impacts won't give incredible impact to the state of crypto. Plus, it absolutely won't be as quick as it was likewise this will influence the estimation of the crypto.

[Troysen]

This was a ban that was going to affect quite a number areas in the cryptocurrency platform as social media is one of the most influential areas of the campaigns. Without Facebook,awareness creation could have been very difficult.  The fact that Facebook. Has reversed the decision is one of the best things to ever happen to the cryptocurrency aren't

[Anniee123]

When a bear market really does arrive, no good news will drive the market.
That's what a real bear market is all about, so learn to sell most of the time.