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Facebook is banning all ads promoting cryptocurrencies

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Re: Facebook is banning all ads promoting cryptocurrencies

#111

Finally. I've been intentionally clicking ICO ads so that I get targeted for more ICO ads. It's been interesting. - Many of them have the most buttery smooth introduction video that was just so compelling to stare at. - Many has business lines like, "The total market for car loans / social media advertisement / game currency is N trillion... - The "team" page for them are mostly Russian / Eastern European. Some of th…

> The "team" page for them are mostly Russian / Eastern European.

What's wrong with that?

Re: Facebook is banning all ads promoting cryptocurrencies

#112

Someone should make a cryptocurrency social platform that rewards it's users for sharing content and attention. Like the steemit of facebook. Anyone know of any projects like this?

> rewards it's users for sharing content and attention You mean spamming content?

It's possible to tell the difference between genuine, authentic sharing, and automation. Rewarding the right behavior will make spam go away.

Re: Facebook is banning all ads promoting cryptocurrencies

#113
post #103

Earlier quoted context omitted.

You have pretty garbage ad blocker if it loads the ad then hides it instead of just never wasting resources to load the ad in the first place.

Some blockers are specifically created like that. Their rational is a combination of letting the website owners (who embedded the ads) get their money and hiding that they're using a blocker.

Do you have any examples of these types of blockers? I couldn't find any.

Re: Facebook is banning all ads promoting cryptocurrencies

#114

Earlier quoted context omitted.

What is your definition of a scam?

Selling a large slice of the tokens to a small group of specific investors, such that they obtain a much larger price when these are listed. Because they were in so few holders from day0, and the 'auction' closed so quickly, price discovery entirely up to small group of 'investors'. Its birthing shark whales to steal from the little people. This was back before the real real ICO scams, so it looks pure in comparison.…

By that definition I guess all startups and IPOs are also scams.

Re: Facebook is banning all ads promoting cryptocurrencies

#115
post #72

Earlier quoted context omitted.

Exploration vs exploitation. If the ad has a high CPC and there isn't enough targeted inventory, it's worth showing it to random folks to see if a new target market can be identified.

> there isn't enough targeted inventory Did I just get called 'inventory'? God, that's the next step after "human resources"...

be happy, at least you are targeted

Re: Facebook is banning all ads promoting cryptocurrencies

#116

Assuming rumours FB is developing their own cryptocurrency, along with Amazon and Google, as has been suggested on various forums, isn't there a risk here for them? Banning potential competitors in what you could generously describe as the dawn of the next internet (in many ways the crypto wild west is v similar to early dot com days, complete with all the shysters and con artists) seems unethical and may bring up an…

You are correct, that would be a risk for them (especially for FB) because of how big they've become.

Anecdote: in 2014, I registered an account on Twitter called "tweetcoin". I felt social networks would start developing their own currencies. I posted one comment, "exciting things in the works". I was promptly locked out of the account, and a new tweet appeared there (dated 2012!), stating "this is not your account."

You can see it here:

https://twitter.com/tweetcoin

Re: Facebook is banning all ads promoting cryptocurrencies

#118

Someone should make a cryptocurrency social platform that rewards it's users for sharing content and attention. Like the steemit of facebook. Anyone know of any projects like this?

I am guessing that would be the future of the social networks. Yes, lord zuckerberg helps you be in touch with your friends and family, but makes a ton of money while selling your data(/metadata).

A legitimate network which probably starts niche and share a token or a part of it for your activity would be a great start I guess.

Re: Facebook is banning all ads promoting cryptocurrencies

#119

Finally. I've been intentionally clicking ICO ads so that I get targeted for more ICO ads. It's been interesting. - Many of them have the most buttery smooth introduction video that was just so compelling to stare at. - Many has business lines like, "The total market for car loans / social media advertisement / game currency is N trillion... - The "team" page for them are mostly Russian / Eastern European. Some of th…

> The "team" page for them are mostly Russian / Eastern European. What's wrong with that?

Intrinsically? Nothing. I think he's just making an observation, not insinuating anything.
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