Quote from: Linanak on July 03, 2018, 02:06:47 PM

Which will definitely make bitcoin prices fall in the next few days months. Whatever I want to hold my bitcoin for sure it will be the currency of the future of this world.

You do realize that this has been posted months ago, right? Bitcoin's price didn't go down because of this. I think it's the altcoin economy that has been affected by this. They are posting on facebook, make a facebook campaign in here, and people are going to share their posts in exchange of their self-made coins. That's free advertising right there. Facebook isn't even making money from it because these ICO campaigns don't even have to boost their posts. Maybe ICO campaigns are only banned in promoted facebook ads which facebook can moderate but they aren't necessarily banning accounts that have posted something about ICOs since they can't moderate all of that.

Quote from: ghost424 on July 03, 2018, 02:12:13 PM

Maybe they are banning advertisements for Bitcoin and Initial Coin Offerings because Facebook is losing its purpose. Its purpose was to connect people but as time goes by, Facebook users create fake accounts for Crypto related stuffs. This maybe one of the reason it is banning advertisements and ICO's. It is reasonable to create a page for what you want people to know and learn about but creating fake accounts is just bad and it does not connect people.

To connect people is facebook's initial objective but they also have bills to pay. Thus, facebook has started offering advertisements which most websites make money from. Honestly social media has become a lot more about business now. The more money you put into it, the more followers you're gaining, the more audience your product is having, and the more buyers you get. That's a win-win for facebook and the campaign who had advertising from them.

EDIT: To everyone, ignore this thread. It's now "facebook once banned ads for bitcoin and ICOs". The ban has been lifted:
https://bitcoinmagazine.com/articles/facebook-reverses-cryptocurrency-ad-ban-amidst-rumors-coinbase-acquisition/