Facebook reverses ban on cryptocurrency ads

[Leo Barnes]

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

May be Facebook CEO Mark Zuckerberg has seen the big potential of bitcoin and cryptocurrency and they are now planning to launch there on ICO.

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[cruz06]

 i think it will give an effect to the price and run of bitcoin, because facebook is very wide that even child can access it. its a kind of endorsing bitcoin, maybe not full but its a good start and a good partner on terms of business. if this both facebook and bitcoin group will   be a partner in long time,  it can make a big impact to the governments and the whole world.

[sublime5447]

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.

he talks about the opposite, facebook has allowed ads about crypto. I think the price will not move too big considering it's only the permissions on facebook ads that I think facebook has been abandoned by some of its users, especially after the privacy case of customers who leaked some time ago.

[ginobitcoiner]

again and again, this news is just news that is not fundamental, in fact there has never been an official statement about this ban even facebook still allow crypry currency ads on their website. even some campaigns still include a facebook campaign on their bounty

[Joyeeta]

For crypto world, it is good news that facebook understand what is crypto, and why they should let it spread then banned. I hope many countries who ban crypto will unban and let people decide what to do.

[Fundalini]

This should help with the popularity of cryptocurrencies in general as more people would have he chance to see it. Facebook and other social medias are so effective in gathering attention that even the news of the ban getting lifted would pique a person's interest.

[burnah0928]

This is good news since Facebook is still the major social media being used. This will greatly help Bitcoin or any cryptocurrency be known to many people.

[dongajow]

s there’s clearly too much ad revenue potential to ignore, Facebook announced it’s reversing its cryptocurrency ad ban effective immediately. The decision comes with a few caveats, however. The company says it will allow ads and related content from pre-approved advisers,” but will still not allow ads promoting binary options and initial coin offerings. Facebook had first enacted the ban in January, saying at the time that too many companies in this space were “not currently operating in good faith. While it admitted that banning all crypto advertising was a broad change, the company said that its new policy would “improve the integrity and security of our ads, and to make it harder for scammers to profit from a presence on Facebook.

[speedy1987]

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

Hey really i dont know about this. Is this true? If its true that is really great to hear this. Also this will really improve bitcoin positivity and bitcoin price too. I hope hereafter everything will be good.

[keninu]

Yes this is good news, but this is old news. and I also know this news has often been written in this forum. but it does not matter, I think the lifting of Cryptocurrency Ads ban on Facebook will have a very positive impact on the development of Cryptocurrency, where we know Facebook is a big social media and of course this will affect the people in it. the more people who know Cryptocurrency, of course the greater the chance Cryptocurrency to be able to grow more rapidly again.

[Sithara007]

Not a big fan of Zucker here.... So I don't really care whether he allows crypto ads or not. That said, I have a feeling that his hostility towards crypto might be having something to do with his rivalry with the Winklevii.

[Fredomago]

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

Hey really i dont know about this. Is this true? If its true that is really great to hear this. Also this will really improve bitcoin positivity and bitcoin price too. I hope hereafter everything will be good.

It's all about advertising, for sure crypto believers will enjoy this news after the reversal they can now begin to share again those supported cryptos that they've got, the only matters here maybe it's much better to add some limitations to prevent possible scams to circulate more iside this social media
venue, restrictions will help people/investors to decide first before engaging to any project that will end their investment being loss.

[havok1998]

This was gonna happen sooner or later. Facebook wants to protect people from investing in scams and ponzi schemes. ICO's currently are the most risky investment as many of the tokens are either launched at less prices than they were during initial coin offerings or are scams. whereas investing in crypto currencies is choice of people and their advertisements doesn't affect or promote risky or scam investments.

[mithungee]

Yes this is good news, but this is old news. and I also know this news has often been written in this forum. but it does not matter, I think the lifting of Cryptocurrency Ads ban on Facebook will have a very positive impact on the development of Cryptocurrency, where we know Facebook is a big social media and of course this will affect the people in it. the more people who know Cryptocurrency, of course the greater the chance Cryptocurrency to be able to grow more rapidly again.

[zimpleskill]

Its 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. I am only bothering if this will affect the price of bitcoin and crypto currency in general.

[Bellator]

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

Banning of facebook to cryptocurrencies were already at the news few months back,these had caused more people  to worry but i still see that it is being advertise in facebook i was just being complacent that they can't turn back off with cryptocurrency ads,but rather accept the new trends to be adopted using social media.

[nazaididuan1]

Facebook canceled some of the bans and they did not completely cancel the advertising restrictions on cryptocurrency and ICO!
Fecebook reviews advertisements for cryptocurrencies, and advertisements with scams are still banned. This is a responsible performance for users!

[micle222]

There are 4 threads already with the same news

If you know the 4 threads, I beg you to specify the reference link.
Because of the reference we can see the compatibility of all of them.

So for Moderators you can also delete the same thread so that it's easy.

[Tashi]

I really that it'll create a good and big impact on Bitcoin's value.  Let's hope for green. I hope this good news is really going to help Bitcoin to regain it's value again.

[LeetPoolsOP]

And he forbade it ?? I have been working for a year now and there have never been any problems ...