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Author Topic: Facebook reverses ban on cryptocurrency ads  (Read 844 times)
nonconformist (OP)
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June 28, 2018, 04:42:33 PM
 #1

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

Conasse
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June 28, 2018, 05:03:07 PM
 #2

There are 4 threads already with the same news

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waqasanwar95
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June 28, 2018, 05:06:49 PM
 #3

Its old news of Facebook that they are banning cryptocurrency ads but i can see still ads are appearing. i don't think bitcoin still banned ads.
vickybitcoin
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June 28, 2018, 05:07:50 PM
 #4

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
Wow this is actually a big positive news!  Ibelieve that facebook sa a very powerful tool to inform educate and encourage many people over the world of bitcoin.  I expect that with this an increase of the price is expected very soon!
etron
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June 28, 2018, 05:20:18 PM
 #5

hopefully on the lifting of the ban cryptocurency on Facebook this bitcoin prices will be stable again, but why ICo ads are still banned? and I hope i.o can work with Facebook so that ICo ads can be re-displayed on Facebook.
zinluzgina
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June 30, 2018, 05:28:49 PM
 #6

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

The price of bitcoin is certainly not affected, but the demand and interest of investors to the ICO is exactly produced interest. I think for facebook it's only for the best, it's the only social platform that offers paid advertising. Since Twitter, YouTube and Google refused to advertise ICO companies.
cellard
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June 30, 2018, 05:34:20 PM
 #7

Personally I was tired of seeing Roger Ver's face on every advertisement space out there promoting the latest ICO thing. A global ban was overkill tho, it's never the way to go. We can't obviously let scammers advertising their scams all over the place because it takes this space away from legit projects, so we need some regulation on what ads are shown, which isn't a global ban.

The problem is: who gets to decide what is and isn't an ICO-scam? What guarantees this regulator cannot be bribed to list things on the ads? It should be a decently sized group deciding on that to mitigate said risk.
projekgallus
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June 30, 2018, 05:37:56 PM
 #8

they banned ico not cryptocurrency or digital cash
online73
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June 30, 2018, 05:44:36 PM
 #9

The good news is that it says that Facebook understands the importance of the crypto-currency market. After all, advertising is, first of all, a huge market, with good money, it would be strange if Facebook would refuse such a pie. In general, I think the very idea of banning advertising crypto, not possible.
billykannithi
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June 30, 2018, 06:01:37 PM
 #10

My girlfriend told me: 'facebook is buy enough btc/alt, this time is Pump' Smiley)). Lol, and after she said, the market is red, btc not pump, it dump Smiley)
billknight
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June 30, 2018, 06:03:32 PM
 #11

hopefully on the lifting of the ban cryptocurency on Facebook this bitcoin prices will be stable again, but why ICo ads are still banned? and I hope i.o can work with Facebook so that ICo ads can be re-displayed on Facebook.
As far as I know, Facebook says that promoting the ICO on facebook will harm the user. ICO scam projects will take advantage of advertising on Facebook for phishing purposes
genlocy
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June 30, 2018, 06:09:38 PM
 #12

You are right ,it is really great news for us but i don't think it can any effect in price because the price is still not growing.
burakdat
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June 30, 2018, 06:12:15 PM
 #13

Well yeah this could probably happen especially if a certain country has already accepted and embracing cryptocurrency. Ban on crypto ads will depend on each country regarding on if the system is being rejected or accepted. Facebook is not that dumb to let the people see the crypto ads where a certain country has ban crypto ads. It will just cause facebook to get lawsuit on why they are not removing crypto ads on a certain country which ban cryptocurrency.

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June 30, 2018, 06:14:43 PM
 #14

It is a welcome development, I think they are beginning to see the good side of cryptocurrencies and that some projects are actually very good for society.Maybe they knew all along but were being forced to place a ban on crypto behind the scenes. You never can trust world government s
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June 30, 2018, 06:21:07 PM
 #15

I guess a lot of investors pervceived that ban as Facebook neglecting the whole crypto sphere which resulted in that 5% dip of Facebook share price. I still hope that Telegram will be the first to fully integrate crypto into their messenger.
nikonova
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July 02, 2018, 11:02:21 AM
 #16

lol facebook probably felt its too big for a decline in market shares when they banned the ads
funchiestz
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July 02, 2018, 11:04:06 AM
 #17

Because there is a chance of buying Coinbase. He is entering this market. Soon Facebook will advertise crypto money for itself.
hurryUp8
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July 02, 2018, 11:19:21 AM
 #18

I don't see any changes, people were allowed talking about cryptocurrency on Facebook and it was prohibited talking about ICO or asking people to invest so I don't see anything change
sabrikks
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July 02, 2018, 11:23:36 AM
 #19

It's probably for the best that ICO ads are still banned, because I saw a lot of scam ads on facebook and adwords about fake ico's where newbies easily fell for it.

jcemos9bt
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July 03, 2018, 09:51:55 AM
 #20

facebook don't have ban on anything except it being reported by many persons they have scam fake ico,MLM related cryptos are ban, people who don't known how to know a scam icos especially the newbies in the crypto world are being scam everyday, if any cryto MLM/fake ico are being reported by too many persons Facebook will ban such ads.
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