Facebook Restores Coinbase Advertisements On Platform

[ppifvtpu]

Facebook is very open to encryption recently. We have reason to believe that a new social media support encryption world will come soon.

[hardtime]

This is a money grab,and a money grab only. Yes it may bring some more customers to Coinbase, and other exchanges who are advertising on Facebook. But these people -- in my view -- were going to find Bitcoin at some point anyway. As the only way these people are being targeted on Facebook is related to their interests, so this is going to be people who were most likely going to find out about Bitcoin at some point. I also think that this may have an effect on the Bitcoin price -- but it won't change anything relating to adoption (which is what we should really be focusing on, as price means nothing if no one is going to accept bitcoin)

[Kprawn]

The ban on Crypto currency ads was more targeted at the ICO scams. These ICOs was not legitimate companies, so they had

to implement a blanket ban to stop it. I think they reviewed their decision and decided that they would allow businesses that

are "legit" and well known in the community. If something goes wrong, Facebook can take legal action against legitimate

businesses, but not against "face-less" scammers.  

[sunlitit654]

I think it’s definitely a good news. Many people still haven’t any concept about crypto world . And now-a-days facebook is a well known social media. So facebook will help to give some knowledge to newbie about cryptocurrency by advertisement.

[pinoyden]

The ban on Crypto currency ads was more targeted at the ICO scams. These ICOs was not legitimate companies, so they had

to implement a blanket ban to stop it. I think they reviewed their decision and decided that they would allow businesses that

are "legit" and well known in the community. If something goes wrong, Facebook can take legal action against legitimate

businesses, but not against "face-less" scammers.  

Thats right. Facebook only bans ico and not the overall crypto companies , that is the reason that we can still see some crypto related ads especially wallet service providers such as coinbase  but the ico banning issue do still have a huge effect to the crypto economy because facebook is one of the largest platform which means many people can possibly invest on these crypto related projects and that can also help for the price to increase more .

[cryptocooper57]

If you look at the past months, it is easy to understand but there will be no impact on price. People have enough faith in the crypto market. Crypto is not a Facebook promotional market. It is here that people have been decentralized thinking of their own trust and security. And with the use of advanced technology blockchain technology.

[robertcross07]

From my point of view Coinbase advertisement is possible because this is a legal company, but with this action there is not anything change in price of bitcoin and other cryptocurrencies. Social media did this because many fake and scam Advertising is posting all over by peoples and same thing is happening with google when we search some info about crypto then we get only advertisement of fake projects.

[lombok]

This is good news for cryptocurrency. Because facebook has a bearing effect on advertising cryptocurrenshy. this will have an impact on the bitcoin price increase.

[tungaqhd]

Facebook and Google used to ban crypto advertisements on their platform but i had seen it since last month. I think the reason is cryptocurrency isn't legal in all countries.
This is a good signal, it will promote the growing of new ico, currency and make cryptocurrency become more popular.

[Dark_raven007]

I also heard this. In my opinion, this proves that in the world all methods of combating the crypto currency are exhausted and it gradually penetrates into all branches. I think it is good

[TonyRodriguez]

From my perspective i think these types of advertisement will not any impact on this cryptocurrency prices. But it’s true there are so many fake advertising are occurring .For protecting these types of scam advertisement facebooks start to doing coin base advertisement.

[SaraClarke1212]

I think that Facebook has put the advertising on cryptocurrency does not solve the user's recruitment. Users only read the information on the newsfeed, because many people have long no interest in advertising on Facebook.

[Juggy777]

I don't know with absolute certainty that it'll bring change for bitcoins prices one thing for sure Facebook is going to be making money, now everyone is going to be madly advertising there and Facebook gets rich I like this ploy by them it's a new age click bait and guess they succeeded. I'm not aware of Costa Rica but the title speaks one thing and half of your post other.

[Denisdzx]

If Facebook does get into cryptocurrency, it will definitely have a big impact inside and outside the cryptocurrency community. With over 2 billion users scattered around the world, Facebook cryptocurrency is bound to influence the adoption of cryptocurrency worldwide. But this is unlikely to happen soon. Understanding cryptocurrency simply means understanding cryptocurrency. With regulatory uncertainty and current market turmoil, Facebook like the Nasdaq may wait until markets mature and regulatory standards are better defined before going into cryptos.

[robertcross07]

I think this is the good news for the client in UK. As they also follow the the blockchain technology maybe it will be beneficial for their client but I am confused maybe it will be a threat for crypto market.

[cryptocooper57]

Facebook banned the add i think this was because for scammed add. Now facebook restore coinbase and that's the good news. But it doesnt really put impact on the price of crypto market.

[ntodntodan69]

In my opinion, facebook returns coin ads on its platform may have a purpose of cooperation between facebook management with existing coin products.

[raidarksword]

For past months facebook literally hates crypto as well ICO because some links are not allowed to be posted, if posted then deleted due to spam on their platform and it makes harder to advertise the ico programs especially for promoters. Hopefully this news will be a start of good relationship with ico projects and facebook in order to give way to crypto for at least boom the price and market.

[CrazyBTC7800]

If this is true that is great news. The advertisement on crypto market are increasing broadly. More people can know about crypto market.

[Ava Duvall]

A lot of companies / startups that weren't legit was using Facebook to promote their product. This misled some people and Facebook decided to take down all crypto related ads.

I think this is a good step because Coinbase is a legit company that provides value. Hopefully Facebook will allow more companies in this space to advertise as long as they are legal / provide an actual service.

I have nothing against advertisements but over the past few months it has become too much. every video or every scroll there is a different commercial , advertisement and people have been very disappointed that this has been only progressing and the number of commercials is only growing. something needs to change