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Author Topic: Facebook reverses ban on cryptocurrency ads  (Read 793 times)
chidrawarster
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August 25, 2018, 08:48:43 AM
 #121

Thats a good move and a needed move. I have read these news almost 3 to 4 times in this community itself. Now lets see how the investors can be bought in the ICO as facebook has always had paid advertising.Hopefully btc price would become stable and lets expect some milestones by end of this year if more investors pump the market or move on with the current trend.I myself am waiting for some good moves in the market with which some more portfolios can be built.

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August 25, 2018, 08:59:56 AM
 #122

It is a good step in the right direction, Facebook is a huge social media platform with a lot of users.They can really help propagate the good news that blockchain technology has for the world.
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August 25, 2018, 10:05:04 AM
 #123

With such a bearish trend, this is very weak news ! It will not affect the price, the price increase is just a matter of time and all.

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August 25, 2018, 10:44:03 AM
 #124

maybe in the future all the rules that are prohibited from Facebook regarding ICO will be permitted, I think Facebook is still studying the important points related to ICO, like crypto ads, initially banned, but now allowed.
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August 25, 2018, 01:49:32 PM
 #125

I think this is a good news that Facebook has lifted it's ban against cryptocurrency ads. However, ads about ICOs and MLM related cryptos are still banned. But I think this is a good start. What do you think about this? Will this affect the price of bitcoin and cryptocurrencies in general? Is this a preview of an upcoming bullrun?

Here are some sources:

https://www.cnbc.com/video/2018/06/26/facebook-reverses-ban-on-cryptocurrency-ads.html

https://cointelegraph.com/news/facebook-s-crypto-ad-ban-reversal-power-play-gets-their-own-news-stuck

https://www.recode.net/2018/6/26/17505876/facebook-cryptocurrency-ads-bitcoin-ico-ban-reversed

Facebook should not banning cryptocurrency ads in the first place. If they didn't ban crypto ads, the crypto market would not dropping.
The problem is there were many scam ICO's that promoted by social media ads like facebook and twitter.
Do you know what is the reason for facebook lifting their crypto ads ban ? i think they want to create their own crypto.

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Fatanut
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August 26, 2018, 11:16:50 AM
 #126

~snip~

Facebook should not banning cryptocurrency ads in the first place. If they didn't ban crypto ads, the crypto market would not dropping.
The problem is there were many scam ICO's that promoted by social media ads like facebook and twitter.
Do you know what is the reason for facebook lifting their crypto ads ban ? i think they want to create their own crypto.
Have you had the time to read any of the given articles, you could have been able to answer your own questions.

Quote
Facebook should not banning cryptocurrency ads in the first place. If they didn't ban crypto ads, the crypto market would not dropping.
Not only Facebook but the ban of cryptocurrencies advertising in Twitter, and Google as well has made the price of bitcoin go down.

Quote
The problem is there were many scam ICO's that promoted by social media ads like facebook and twitter.
This is exactly why there was a ban in cryptocurrency for advertising. It was to prevent people from getting scammed by these ICOs since most of them are a scam anyway. But when the ban was lifted, ICOs are still banned. Advertisements regarding cryptocurrencies have become allowed but the advertisements that encourages you to buy or invest in a specific cryptocurrency (basically all ICOs) and get-rich-quick schemes are still not allowed.

Quote
Do you know what is the reason for facebook lifting their crypto ads ban ? i think they want to create their own crypto.
Who doesn't want more money from cryptocurrency people? Smiley In the article it was mentioned that Mark Zuckerberg wanted to "study cryptocurrencies further". Cryptocurrency in general aren't a scam anyway, it's just the ICOs that makes people lose money.

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carlisle1
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August 26, 2018, 11:19:54 AM
 #127

I think this is a good news that Facebook has lifted it's ban against cryptocurrency ads. However, ads about ICOs and MLM related cryptos are still banned. But I think this is a good start. What do you think about this? Will this affect the price of bitcoin and cryptocurrencies in general? Is this a preview of an upcoming bullrun?

Here are some sources:

https://www.cnbc.com/video/2018/06/26/facebook-reverses-ban-on-cryptocurrency-ads.html

https://cointelegraph.com/news/facebook-s-crypto-ad-ban-reversal-power-play-gets-their-own-news-stuck

https://www.recode.net/2018/6/26/17505876/facebook-cryptocurrency-ads-bitcoin-ico-ban-reversed

Thats one thing they must do,since zuckerberg knows how popular cryptocurrency now and this can add traffic to their sites and investors and members of this community uses their site more often so still its the business is what they are concern and not the scammming that they use as first issue before they banned cryptocurrency adds
CrimBit
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August 26, 2018, 11:38:10 AM
 #128

I think this is a good news that Facebook has lifted it's ban against cryptocurrency ads. However, ads about ICOs and MLM related cryptos are still banned. But I think this is a good start. What do you think about this? Will this affect the price of bitcoin and cryptocurrencies in general? Is this a preview of an upcoming bullrun?

Here are some sources:

https://www.cnbc.com/video/2018/06/26/facebook-reverses-ban-on-cryptocurrency-ads.html

https://cointelegraph.com/news/facebook-s-crypto-ad-ban-reversal-power-play-gets-their-own-news-stuck

https://www.recode.net/2018/6/26/17505876/facebook-cryptocurrency-ads-bitcoin-ico-ban-reversed
I think this is good news that Facebook has revoked its ban on cryptocurrency advertising. This news will not affect the price of Bitcoin, but the impact of the lifting of the ban is very good for cryptocurancy, because it can strengthen the faith of investors and can be a very good promotional tool to attract more new investors, if many new investors enter investment this means the bull market coming soon. we just wait for what happens in the future.
TallDragonfly
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August 26, 2018, 11:48:34 AM
 #129

Why am I just seeing this? It's as though I'm so behind on all of this stuff. And I think there's some censoring somewhere. You just hardly find random discussions anywhere about Bitcoin. Or is it the investors that are just not taking the gist outside. I only find Bitcoin related news on this forum. Anyway, this is really good news. Good for both the Bitcoin market and Facebook.
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August 26, 2018, 12:09:45 PM
 #130

This is great. In facebook there are smart people working. I think they understand the whole potential of bitcoin.
pinoyden
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August 26, 2018, 12:18:17 PM
 #131

Why am I just seeing this? It's as though I'm so behind on all of this stuff. And I think there's some censoring somewhere. You just hardly find random discussions anywhere about Bitcoin. Or is it the investors that are just not taking the gist outside. I only find Bitcoin related news on this forum. Anyway, this is really good news. Good for both the Bitcoin market and Facebook.

Your behind because you are not online all the time . actually this news is not new and its been a long time ever since facebook had announce thay they ban ico and other illegal crypto ads and now , they are saying that they reverse it which is indeed a good news for us because this can help out the crypto comunity to grow evenly .

Also ,  there is also a news which facebook claims that they are now planning their own crypto and that is also the reason on why they did ban other crypto ads because they dont need a competition .
Pedro18
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August 26, 2018, 01:11:50 PM
 #132

This is really good news for every crypto holders, they should not ban cryptocurrency because cryptocurrency is created for being decentralized. People should know the basic learning of crypto, like knowing or identifying risks in crypto, like choosing a right crypto wallet, and identifying if some ICO are scams.
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August 26, 2018, 01:27:59 PM
 #133

this is a goo news for all of us that are involved in crypto activities and I think this will be the start that many people will accept the innovations of crypto coins

sd
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August 26, 2018, 01:34:15 PM
 #134

It surely is. Let these tech giants give Cryptos the opportunity to thrive. Yes they are trying to protect investors from being ripped off their money, their actions will not stop it  nor develop the industry. I'm glad Facebook has given the green light. Hope others follow suit.
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August 26, 2018, 01:55:05 PM
 #135

Facebook is actually positive towards bitcoin and crypto currency sooner or later Facebook will start acquiring cryptocurrency and blockchain startups in the near future which is positive sign for entire cryptocurrency industry
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August 26, 2018, 03:14:17 PM
 #136

It was a general gang up against cryptocurrency that period, I was wondering the side effects of cryptocurrency related ads on facebook that will warrant Him to ban cryptocurrency ads.
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August 26, 2018, 03:17:58 PM
 #137

This is a good decision coming from Facebook to uplift the ban, I think that these crypto ads are the ones who strengthen the market of Facebook, and may be the reason why they lifted the ban, and it was right for them to ban ICO ads, some of them are just painfully annoying, and some ICOs are just misleading people, and may be the reason why they are still banned from advertising in Facebook, good job Facebook Team.



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August 26, 2018, 11:59:07 PM
Last edit: August 28, 2018, 12:49:13 PM by noictib
 #138

I think this is a good news that Facebook has lifted it's ban against cryptocurrency ads. However, ads about ICOs and MLM related cryptos are still banned. But I think this is a good start. What do you think about this? Will this affect the price of bitcoin and cryptocurrencies in general? Is this a preview of an upcoming bullrun?

Here are some sources:

https://www.cnbc.com/video/2018/06/26/facebook-reverses-ban-on-cryptocurrency-ads.html

https://cointelegraph.com/news/facebook-s-crypto-ad-ban-reversal-power-play-gets-their-own-news-stuck

https://www.recode.net/2018/6/26/17505876/facebook-cryptocurrency-ads-bitcoin-ico-ban-reversed
Recently due to data leak of the users for money news was reason for the bug dump in the earnings for the Facebook platform , that why they comes again in the market to make earnings with every possible ways , that why they again started cryptocurrency ads .
Another thing that I found in this matter is that , Facebook was looking to ban the cryptocurrency ads of the investment and icos project only , but their bot were banning all type software the cryptocurrency ads , so after that may be they made improvement in Thier ads not to detect whether the cryptocurrency ad is guinune services based or jsut to steal money by the investors .
Here in the present time here we should remain happy that we have now able to use cryptocurrency ads to advertise our services but surely here one thing that we should keep in our mind is that , what happened with that amount of money of Facebook ads account which are now blocked by the Facebook , because I lost about $500 in my Facebook ad account and I want my money back , since I asked for the componsation by the Facebook but not yet got any reply from the Facebook team .
Hope in the future they will not steal money of the users by blocking the account of the users and atleast they will review over the as before ban the ad account .
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August 27, 2018, 12:16:00 AM
 #139

This is great as it tends to bring back more crypto related adverts on Facebook. Though I feel Mark is really upto something up his sleeves. I sense Facebook cryptocurrency coming in board soon.
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August 27, 2018, 12:25:19 AM
 #140

this is great news for the crypto world as it tends to increase publicity of the blockchain industry. Since facebook is one of the social market place it will help boost ads
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