If Facebook promotes cryptocurrency, would it positively promote it?

[YOSHIE]

I've read that Facebook is going to have its cryptocurrency https://cryptobriefing.com/ready-for-facebook-coin/

Overall promoting cryptocurrency with Facebook is actually positive, although a few months ago the CEO had banned cryptocurrency advertising on the Facebook section, for now it is still running smoothly, I hope crypto like Bitcoin can grow rapidly throughout social mediathe whole world.

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[chairmanMao]

This may become a reality if the ETF passes. If Mark Zuckerberg issues his own coin, the cryptocurrency market will take off again, and investors can become rich overnight. The price of bitcoin will rise to $100,000.

[Yaunfitda]

This may become a reality if the ETF passes. If Mark Zuckerberg issues his own coin, the cryptocurrency market will take off again, and investors can become rich overnight. The price of bitcoin will rise to $100,000.

Lol. First, it is unlikely that we will see Bitcoin having a ETF. I doubt that SEC will approve it next year, the market is still prone to manipulation so that's a big problem for SEC.

And as far as Facebook, no way will Mark Z. promote bitcoin or other crypto for that matter. He might have his own crypto coins and take advantage of blockchain technology.

[raidarksword]

I would like to promote it since i am a bounty hunter and i highly doubt that whatever plans for facebook to adapt crypto currency it will surely be a successful hence facebook has a great potential to achieve it. It also be a good sign for other ico or any blockchain projects to be allowed to promote on their platform without worrying censorship.

[vv181]

The Facebook-owned cryptocurrency would be pretty much centralized. I can't think it would directly benefit the cryptocurrencies ecosystem itself, but indirectly if there is a chance Facebook's cryptocurrency able to gain mainstream attention, it would help mainstream to trigger their curiosity about cryptocurrency as a whole.

[anamie]

I don't think that this will happen, But if this will happen it is a big help for crypto to increase its demand to the community since we all know that facebook has a billion users so everyone can see it if they promote cryptocurrency in their platform.

[pungopete468]

Social media is indeed quite good at developing and also distributing news. Facebook is also one of them. because the media can provide considerable interaction for information and also promote. here also includes cryptocurrency

[Harley29]

I don't think that this will happen, But if this will happen it is a big help for crypto to increase its demand to the community since we all know that facebook has a billion users so everyone can see it if they promote cryptocurrency in their platform.

No doubt that Facebook is a well known and famous site which has allot of users so it is really great idea to promote bitcoin through Facebook. Even now there are millions of site who are working in this regard and they are taking good part in promoting bitcoin thoroughly. I often post on my Facebook account related to current market price and many friends ask me about it further.

[Oceat]

The Facebook-owned cryptocurrency would be pretty much centralized. I can't think it would directly benefit the cryptocurrencies ecosystem itself, but indirectly if there is a chance Facebook's cryptocurrency able to gain mainstream attention, it would help mainstream to trigger their curiosity about cryptocurrency as a whole.

I don't think they could get a lot of that attention from the people who are using their platform. We all know that people are only using Facebook because it is on the trend and more than that people use it too as a mean of posting ideas, information and other related news all over the world. I've seen a lot of people trying to make their own cryptocurrency but their problem is where to find someone who would invest to their projected cryptocurrency?

[biskitop]

yes, because facebook is the most widely used social media by people around the world and is the easiest to access. advertising on Facebook will be very useful, because now there are also many online investment sites that advertise on Facebook, even though in my opinion crypto is better than others.

[binhvo1505]

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.

Any collaboration between technology and technology has a great result. Facebook currently has 215,700,000 traffic per day and that's a terrible number. It can help for ICO projects, news about crypto become more popular and widely available in countries around the world. When facebook supports crypto, you will see our market will grow strongly because our whole market is beneficial.

[shoreno]

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.

Any collaboration between technology and technology has a great result. Facebook currently has 215,700,000 traffic per day and that's a terrible number. It can help for ICO projects, news about crypto become more popular and widely available in countries around the world. When facebook supports crypto, you will see our market will grow strongly because our whole market is beneficial.

traffic is only high but the actual number of people that will try it is possibly low because people arent aware about these cryptocurrency especially ico's . the issue of ico scams lately can also add to the negative effects that people will look up before they consider to invest on it  and if ever facebook will have thier own crypto , we cant expect that they will also allow other ico or crypto adverts because they will only see it as a threat or rival to their own product  .

[horrifiedx1]

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.

Any collaboration between technology and technology has a great result. Facebook currently has 215,700,000 traffic per day and that's a terrible number. It can help for ICO projects, news about crypto become more popular and widely available in countries around the world. When facebook supports crypto, you will see our market will grow strongly because our whole market is beneficial.

right, with that much traffic per day, of course it will be very helpful for every promotion, because it has a wide network, so that it can be accepted by more consumers. therefore this is a positive news that we must appreciate, so that it can spread and give confidence to investors to invest, so they can improve the current market

[yunzau]

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.

yes it has a positive influence and if the information is correct then the role as a social media platform will be very effective for marketing it to Facebook users.

[wizardcrypto]

Facebook coming into the crypto space is big plus and this will set a pace for other social media such Twitter, Instagram,etc.to come on board in the crypto space. Facebook has large coverage on the global community which help to enhance the orientation and educate her audience on the use of digital currency and thus will remove the uncertainty of the future of crypto currency asset. If Facebook successfully launched their own coin there will be great and fast adoption of crypto asset.

[Best Dreams]

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.

Any collaboration between technology and technology has a great result. Facebook currently has 215,700,000 traffic per day and that's a terrible number. It can help for ICO projects, news about crypto become more popular and widely available in countries around the world. When facebook supports crypto, you will see our market will grow strongly because our whole market is beneficial.

right, with that much traffic per day, of course it will be very helpful for every promotion, because it has a wide network, so that it can be accepted by more consumers. therefore this is a positive news that we must appreciate, so that it can spread and give confidence to investors to invest, so they can improve the current market

According to me as well it is best network used by people and it’s world wide being use people are using face book to promote the goods try wanted to take high. I have account at Facebook where I often post about crypto and I post whole detail so my friends get interested and they use to ask me about it and this way i promote it further.

[yesyes18]

Facebook is one of the companies with good reputation and coverage for many people across the globe and so yeah I also believe that their involvement in crypto could be a good tool for spreading the crypto news.

[mohucool]

Facebook will try to buy any crypto company which will be successful just like they buy Instagram and WhatsApp , I think crypto companies are in just initial stages , ones mainstream adoption we may see stiif competition and Facebook will definitely try take a piece of pie , it will depend if they able to do it or not.

[mich]

Facebook is not exactly on board with cryptocurrency so my guess is that it would not positively promote it
Interesting question, though as Facebook isnt cryto currency friendly as present time, that isnt to say they wont become crypto friendly in the future.
I only see advantages with integrating social media with BTC.

[incomefromcoins]

facebook is in positive note in using blockchain in social media monitoring and other applications facebook entering in blockchain industry is positive sign for crypto currency industry