If Facebook promotes cryptocurrency, would it positively promote it?

[Soots]

We all know how hype can influence the crypto market. In the event when such an influential platform like Facebook with billions of people within its community begin to promote cryptocurrency, there is no doubts about how it will boost the market value and prices because Facebook is capable of drawing the attention of new investors to crypto which will raise the deposits more that the withdrawals.

but what is happening now, many ico are promoted through facebook and public trust is still low, which is being chained at a price that continues to decline. but indeed Facebook is one of the strategic media to market cryptocurrency, but it will be better if supported by other factors, so that synergies occur

I've read if Facebook will release crypto itself, if it's done right then it's certain we will see the crypto market which continues to increase because of the new crypto that has a large community in it. Facebook is one of the biggest platforms, so it will undoubtedly have a positive impact on the crypto market.

As one of the most influential and most visited social networking sites in the world, it can help us to easier connect and share with family and friends online. With the purpose to make the world more open and connected, it can be one of the best venue to promote Bitcoin and show our strong support with it. However, it can't be avoided that sometimes there are misleading information, it's very important that we know how to filter authentic news from the fake ones. We should learn to expand our resources to determine from what source the news are coming from. Not only with Facebook, we must be very cautious, do more research and investigation, and don't be fooled with untrusted and unknown sources.

Positive and negative news or comments that are posted on Facebook or in social media about Bitcoin can have huge impact of the price depending on the element of the context. If it gets the attention of the public, it will likely to increase or decrease its demand. More will become interested to be part of Bitcoin family if they get to know well what this technology is all about. Facebook is a tool that we can use not only for simply posting, hitting like button, and sharing but it's with a purpose. We can responsibly utilize this tool to spread awareness and by educating the public the real essence of cryptocurrency for them to be guided.

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[electron-coin]

I think that such giants as Facebook, definitely have an impact on people. The more such companies will use blockchain technology, the more people will know about crypto currencies. And the more people will know about crypto currencies, the more people will know about Bitcoin.

[SwaVeR]

I've read that Facebook is going to have its cryptocurrency https://cryptobriefing.com/ready-for-facebook-coin/
Since Facebook and Mark Zuckerberg as an entity is highly influential, do you think it would bring crypto in a positive light? I am thinking that it may raise awareness of cryptocurrency as a whole and not just bitcoin.

Nah, that’s not going to happen. I do see cryptocurrency ads on Facebook sometimes when I login, if that’s the case, then a lot of people would have chosen to use cryptocurrency by now. And Dave book releasing their own cryptocurrency wouldn’t make any difference cause it will still be volatile as Bitcoin and other cryptocurrencies.

[uelque]

I've read that Facebook is going to have its cryptocurrency https://cryptobriefing.com/ready-for-facebook-coin/
Since Facebook and Mark Zuckerberg as an entity is highly influential, do you think it would bring crypto in a positive light? I am thinking that it may raise awareness of cryptocurrency as a whole and not just bitcoin.

Well I think it will definitely bring positive impact on either his cryptocurreny or all cryptocurrencies in the market. Facebook being one of the largest social media sites in the world gives me no doubt on the success of it's own cryptocurrency. But I guess we don't have guarantee yet that it will also promote bitcoin and other cryptocurrencies positively.

[Kahoy01]

Not only positice effect because there is also negative feedback that I saw about promotion of bitcoin in facebook. There is a misconception that are forming to the mind of some users and they are now think that bitcoin is using for illegal and bad ways.

[criza]

Whatever it is all about the promotion of cryptocurrency, definitely it would bring positive and negative effect. Finding out those pros and cons may or may not help us weigh in the situation as to what decision we are going to make. And I think that on the first note, Facebook will absolutely have a significance on cryptocurrency awareness matter that will positively promote the cryptocurrency since Facebook has become one of the most well-known and most-used social media sites. However, we should not forget that privacy issues will certainly arise. And this is one big issue here since privacy plays very important part in the cryptocurrency world.

[JohnBitCo]

I think that such giants as Facebook, definitely have an impact on people. The more such companies will use blockchain technology, the more people will know about crypto currencies. And the more people will know about crypto currencies, the more people will know about Bitcoin.

Facebook is the leading in internet social media and if facebook promotes bitcoins and other digital coins, it will bring many new investors in this field and it will also boost the bitcoin demand and usage.

[glowing10]

I think that such giants as Facebook, definitely have an impact on people. The more such companies will use blockchain technology, the more people will know about crypto currencies. And the more people will know about crypto currencies, the more people will know about Bitcoin.

Facebook is the leading in internet social media and if facebook promotes bitcoins and other digital coins, it will bring many new investors in this field and it will also boost the bitcoin demand and usage.

It will boost the demand in the market if the Facebook start promoting it. Infact if any of the social media starts promoting it today many youngsters use the social media they would be able to check how crypto currency has evolved and its future use. This will definite be the best thing to happen.

[realcrypto]

Mark Zuckerberg the founder of facebook is very influential, News and adverts in social media and facebook in particular goes viral more than any other medium of disseminating information. Mark Zuckerberg promoting cryptocurrency is a plus to the cryptoworld.

[ecnalubma]

Through its gigantic network Facebook can become a good influencer for crypto adoption. But the question is will it be centralised or decentralised? Once the network executed their crypto no doubt that other social might follow their steps.

[Silberman]

If facebook create their own cryptocurrency, its could be top 10 in cryptocurrency market. With large member around the world, facebook because influence social media and people will attract to hold facebook crypto

If they make their own currency, they will definitely start from a very strong position. However, I doubt that Facebook needs its own coin. I think that it would be far more simple and cost-effective for him to adopt one of the already well-developed crypto.

I disagree if for some reason Facebook feels the need to develop their own coin they will not leave their future in the hands of strangers, they are going to want to have complete control of their own coin but while doing that will give to it instant popularity among people at the same time they are going to be unable to win over the institutional investors since investing in that coin will be the same as investing in Facebook.

[Crafts12]

I've read that Facebook is going to have its cryptocurrency https://cryptobriefing.com/ready-for-facebook-coin/
Since Facebook and Mark Zuckerberg as an entity is highly influential, do you think it would bring crypto in a positive light? I am thinking that it may raise awareness of cryptocurrency as a whole and not just bitcoin.

Promoting bitcoin via facebook can really bring positive result because facebook is such an influencing medium of social media since an enormous amout of people uses it nowadays. It effectively adcertise cryptocurrency such as bitcoin and if ever they will bring their own crypto  I think people's choice will be part.

[hulla]

Whatever it is all about the promotion of cryptocurrency, definitely it would bring positive and negative effect. Finding out those pros and cons may or may not help us weigh in the situation as to what decision we are going to make. And I think that on the first note, Facebook will absolutely have a significance on cryptocurrency awareness matter that will positively promote the cryptocurrency since Facebook has become one of the most well-known and most-used social media sites. However, we should not forget that privacy issues will certainly arise. And this is one big issue here since privacy plays very important part in the cryptocurrency world.

Facebook will definitely bring positive result in terms of promote cryptocurrency since it the one number used online social media and I dont see any reason for the negative effect or privacy issues since we're not going crypto transaction through facebook. Base on research and studies, I see facebook as a way of find legit and genuine ICOs because must of the ICOs you'll find on facebook are ICOs which provide facebook admin their genuine document of operation.
This is why one was scam through ICOs on facebook?

[posi]

If facebook create their own cryptocurrency, its could be top 10 in cryptocurrency market. With large member around the world, facebook because influence social media and people will attract to hold facebook crypto

If they make their own currency, they will definitely start from a very strong position. However, I doubt that Facebook needs its own coin. I think that it would be far more simple and cost-effective for him to adopt one of the already well-developed crypto.

I disagree if for some reason Facebook feels the need to develop their own coin they will not leave their future in the hands of strangers, they are going to want to have complete control of their own coin but while doing that will give to it instant popularity among people at the same time they are going to be unable to win over the institutional investors since investing in that coin will be the same as investing in Facebook.

Yes, I believe if facebook is going to create their crypto currency it will be centralized coin but i dont see any reason why facebook we hold an ICOs or need people to invest in their coin since they have private company which did advertise using their platform and those advertiser will be the one to buy their token as payment to facebook or facebook users just like those crypto exchange site that have their own coin did.

[deppil]

Whatever it is all about the promotion of cryptocurrency, definitely it would bring positive and negative effect. Finding out those pros and cons may or may not help us weigh in the situation as to what decision we are going to make. And I think that on the first note, Facebook will absolutely have a significance on cryptocurrency awareness matter that will positively promote the cryptocurrency since Facebook has become one of the most well-known and most-used social media sites. However, we should not forget that privacy issues will certainly arise. And this is one big issue here since privacy plays very important part in the cryptocurrency world.

Thats right. any promotion in various places, even if you put up a flyer on a wall. it will be a positive promotion dude.
let alone in a social media with such a large user, it will become a big promotion. the point is how to make the promotion right on target

[alonelyorange]

Billion people around the world are using facebook as social media, many people more interesting for using Facebook as their social media than the other, its why more effective using Facebook for promoting cryptocurrency,

[erikoy]

Facebook has been lately used to promote cryptocurrency in different countries especially to those countries that are shown support of the cryptocurrency system. But for those countries that are not supporting cryptocurrency then they are banning crypto ads on facebook which could be set by the admin of facebook in that country.

[btc78]

I've read that Facebook is going to have its cryptocurrency https://cryptobriefing.com/ready-for-facebook-coin/
Since Facebook and Mark Zuckerberg as an entity is highly influential, do you think it would bring crypto in a positive light? I am thinking that it may raise awareness of cryptocurrency as a whole and not just bitcoin.

CRYpto currencies from coins to tokens has been promoted in Facebook and other social media sites for how many years now,and being populrized from then but if zuckerberg and the facebook itself promotes crypto,thats another story and might bring big impact for popularizing our community and might help the market bring back to its form again

[icecube45]

It will be very good for crypto development if Facebook promotes it. If Facebook promotes crypto, of course many people will know because Facebook is a very large social media application, so many people will see it. This will be very good with the development of crypto, but in my opinion, of course there will be a negative side. The negative side is that crypto scams can enter, if people see them and are interested they will do harm. And it will expand the spread of crypto scams. But if Facebook can prevent crypto scams, this will certainly be better. There will definitely be a positive side as well as a negative side.

[mitchr4]

It will be very good for crypto development if Facebook promotes it. If Facebook promotes crypto, of course many people will know because Facebook is a very large social media application, so many people will see it. This will be very good with the development of crypto, but in my opinion, of course there will be a negative side. The negative side is that crypto scams can enter, if people see them and are interested they will do harm. And it will expand the spread of crypto scams. But if Facebook can prevent crypto scams, this will certainly be better. There will definitely be a positive side as well as a negative side.

However it is common good and the bad will always side by side. We all know people are free to use cryptocurrency especially Facebook is a very big company will be many people who will do bad things exploiting something for their own benefit.