Ninjastic
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Board Bitcoin Discussion
Re: Facebook reverses ban on cryptocurrency ads
by
zinluzgina
on 30/06/2018, 17:28:49 UTC
Quote from: nonconformist on June 28, 2018, 04:42:33 PM
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.