Facebook removes/Unbans Bitcoin & Cryptocurrency Ads

[akitha]

As what everyone said, after a while facebook will unban cryptocurrency ads. Maybe they can foresee the importance of advertisement in their site.

[Raidal]

It is true my prediction if facebook will experience a very big loss if facebook really banned advertising and promotion of crypto currency. I once asked facebook to consider its decision to allow crypto currency advertising. Users of crypto currency is very much that of course brings a huge advantage for facebook because one of the bounty campaign a crypto currency through facebook campaign. Facebook should not prohibit advertising this crypto currency, facebook can anticipate things that are not desired by making monitoring and applying a clear policy or regulation.

[onrise]

Finally, it is a great news that Facebook now unbans Bitcoin & Cryptocurrency ads.  I think they realized that not all ICOs scams they are many ICOs that legit and need to advertise on Facebook and it will give Facebook profit because of it.

I guess this is starting point of peak for cryptocurrency since Facebook is now lifting its ban. I think widespread of Bitcoin or cryptocurrency are unstoppable  through Facebook advertisements.

One of the reasons could be that due to data leak many companies would have withdrawn the ads from FB as people also started opposing the FB. thus this means the revenue would have drop and thus in order to cater and get more revenue they might have unban crypto ads.

[k@suy]

As what everyone said, after a while facebook will unban cryptocurrency ads. Maybe they can foresee the importance of advertisement in their site.

Yes they lose revenue from crypto advertisers too. I hope facebook will regulate those ico's but I think its an additional expenses for facebook for the staff. Gacebook has a wide reach base on several  categories and demography, its a good tool  to  reach many audience but if the project is a scam,  many will fall prey to those greedy devs.

[avadonne]

I know they are going to reverse the ban one day. And it happens. Some big social media app are trying to manipulate the market by announcing that they are going to ban, something like that. Then they are going to revert. Maybe they realize that they are earning Trillions of dollars because of Cryptocurrency ICO. Money will always be the reason for them.

[Clark05]

I think facebook see the potentual of cryptocurrency and that's why they unbanned cryptocurrency to advertise to facebook. It is very helpful to us like today becaude bitcoin price is become low and possible to increase again. I hope someday facebook company will invest to cryptocurrency.

[bloodyvio]

As what everyone said, after a while facebook will unban cryptocurrency ads. Maybe they can foresee the importance of advertisement in their site.

Yes they lose revenue from crypto advertisers too. I hope facebook will regulate those ico's but I think its an additional expenses for facebook for the staff. Gacebook has a wide reach base on several  categories and demography, its a good tool  to  reach many audience but if the project is a scam,  many will fall prey to those greedy devs.

yep they lose revenue from crypto advertisers
but if compared with twitter, better use twitter for marketing than facebook

[jayanath123]

This is the good alert, all bitcoin & crypto currency users to unbans ads

[Dark_raven007]

Yes, really good news. But by that he put himself under attack. It can be banned in those countries where the crypto currency is outlawed. So let's see how the events will develop further.

[Polo joey]

I think the managers of facebook have realised and seen the huge members that they have who are all into cypto activities.

[GordonJames143]

This is really a good news!

[macartem]

Facebook is lifting its ban on cryptocurrency ads which went into effect in January. After months of evaluation, the company decided to allow some crypto ads on its platform. Advertisers must submit a request form with details of their businesses and the types of crypto content to be promoted.

Starting June 26, we’ll be updating our policy to allow ads that promote cryptocurrency and related content from pre-approved advertisers. But we’ll continue to prohibit ads that promote binary options and initial coin offerings.

https://news.bitcoin.com

Yes, it's good news, but now it's harder to make money on social networks. A lot of people understood this subject and work only on Twitter and Facebook

[hitchcoin]

As for me it's only news. If the look in real situation they all can get profit from it because it don't need to be connected to a space for Facebook. All the social media only get can get profit from involving cryptocurrency in their system.

[burky156]

Yes and that was very cool for the all cryptocurrency markets. Thevalues went high and we all felt happy. But the markets started to fall again today and we all missed the chance of facebook has gave us. I think we had to sell our cryptos after the raise but we (i) missed it and now i am watching the fall..

[Ryker1]

Well, it's a good news for us. In my own opinion, I think there will be a sudden rise of price once it's applied, I can say that it will have a very good effect in the market since there's a lot of people who use Facebook in their daily lives. It's a good thing for us and the market, now we will expect a sudden rise of price in this month.

[markleal]

Facebook is lifting its ban on cryptocurrency ads which went into effect in January. After months of evaluation, the company decided to allow some crypto ads on its platform. Advertisers must submit a request form with details of their businesses and the types of crypto content to be promoted.

Starting June 26, we’ll be updating our policy to allow ads that promote cryptocurrency and related content from pre-approved advertisers. But we’ll continue to prohibit ads that promote binary options and initial coin offerings.

https://news.bitcoin.com

Hi there First77! Great news, it is just an example of how other website sees bitcoin helps other people lives but it could also generate income for their company. Imagine how many companies are advertising in this forum. If those companies start to campaign on Facebook, there are huge more potential clicks and view they could receive in a day. But I think there could be another thing which facebook lift its ban. Because they could even create their own coin, which could be used on their own platform. And wolla, a win-win for all. If a certain company want to advertise on Facebook, they will need to buy some facebook coins, other could even use those in games and the like.

[interestinglie]

They forbid because they have not really solved this. Also I think they are also looking to create their own money

[Quidat]

Well, it's a good news for us. In my own opinion, I think there will be a sudden rise of price once it's applied, I can say that it will have a very good effect in the market since there's a lot of people who use Facebook in their daily lives. It's a good thing for us and the market, now we will expect a sudden rise of price in this month.

I dont think unbanning cryptocurrency advertisement in facebook has a huge impact in the market. This news was a month or less older already and if you notice the market still suffers. Although, it bounced back a little bit, and it wasnt related with this news. Btc price is falling again, It could possibly fall below $5,000 and that would be a disaster for the weakhands.

[hitchcoin]

I don't understand why Facebook banned crypto ads before. Do they really care who will pay them money for the ads and what will be advertised on Facebook? I doubt.

I think a main reason is fear about the perspective and the future of Facebook in whole. They can earn money involve using Bitcoin in their system.

[Script3d]

Well, it's a good news for us. In my own opinion, I think there will be a sudden rise of price once it's applied, I can say that it will have a very good effect in the market since there's a lot of people who use Facebook in their daily lives. It's a good thing for us and the market, now we will expect a sudden rise of price in this month.

I dont think unbanning cryptocurrency advertisement in facebook has a huge impact in the market. This news was a month or less older already and if you notice the market still suffers. Although, it bounced back a little bit, and it wasnt related with this news. Btc price is falling again, It could possibly fall below $5,000 and that would be a disaster for the weakhands.

the ads i see about crypto on facebook are complete garbage just by looking at the ad i can tell the coin is trash the coin was only made for newbies to scam them im not surprise having no impact. having a good news doesnt mean the coin price will increase. the market is green again the weak hands probably already left months ago.