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Facebook is banning all ads promoting cryptocurrencies

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Re: Facebook is banning all ads promoting cryptocurrencies

#171

Post by [deleted] »

mliker wrote: post #164
HugoDaniel wrote: post #59

They are about to launch their own coin[0] "For example, one of the most interesting questions in technology right now is about centralization vs decentralization. A lot of us got into technology because we believe it can be a decentralizing force that puts more power in people's hands. (The first four words of Facebook's mission have always been "give people the power".) Back in the 1990s and 2000s, most people beli…

> There are important counter-trends to this -- like encryption and cryptocurrency ... How does this translate to "they are about to launch their own coin"?

[deleted]

Re: Facebook is banning all ads promoting cryptocurrencies

#172

Post by mathgenius »

anilshanbhag wrote: post #132
jeeyoungk wrote: post #19

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…

I did the same. For people who haven't seen the ads, here are 3 I seen so far: https://imgur.com/a/tsOOe

"Join out project and get book your place in the whitelist! "

Sounds awesome.

Re: Facebook is banning all ads promoting cryptocurrencies

#174

Post by sincerely »

gowld wrote: post #148
sincerely wrote: post #101

Earlier quoted context omitted.

Ycombinator has invested in a few, including Request Network: https://request.network

YC is invested in Coinbase, so "YC has invested" doesn't signal quality.

I haven't used Coinbase in years but isn't their only real problem that they don't seem to be hiring support staff as fast as they seem to need to?

Re: Facebook is banning all ads promoting cryptocurrencies

#175

Post by Theodores »

pfooti wrote: post #126
Theodores wrote: post #100

Earlier quoted context omitted.

Sponsor the 64 million trees of The Northern Forest in the UK with the Bitcoin Pine backed by pine trees. Make people get off their arse and visit their trees in person to cash out. Also have Bitcoin Oak, Bitcoin Ash and Bitcoin Rowan etc. Work with a charity so Bitcoin Oak is fully tax deductible and not gambling.

well yeah, the self-replicating carbon-recapture devices are trees. way to spoil the business secret, Ted. didn't you sign an NDA?

D'oh! I have given the game away! I was just idly speculating about green shoots in the ICO jungle. However, my earlier brain fart is quite funny when described by yourself - 'self replicating carbon recapture device' - have you patented that or is it just a trademark that is protected by copyright law for 70 years?

Other words - 'windfall'. 'Guaranteed windfall every autumn!' 'Growth'. Really all the metaphors for business things work humorously - 'short selling'...

Re: Facebook is banning all ads promoting cryptocurrencies

#176

Post by kinggfx »

wmf wrote: post #62
heroprotagonist wrote: post #57

Earlier quoted context omitted.

I'm still undecided on that one. I have seen the website, whitepapers, and different videos.. from promos to some guy giving a talk. But the only access you get to actually use it is a waiting list, unless you consider some of the underlying IPFS technology it uses that you can get from other sources (which is a different beast entirely). It's likely I'm not meeting some prequalification requirement for the access, b…

Filecoin hasn't even been coded yet and no one has access to it. Once something is already developed they wouldn't need an ICO.

The tokens are trading over 10X higher than the ICO price (2.60 in the first hour). https://coinmarketcap.com/currencies/filecoin/

.

Re: Facebook is banning all ads promoting cryptocurrencies

#177

Post by aussie1233 »

aylmao wrote: post #168
aussie1233 wrote: post #165

This is worrisome, mainly for one reason. Maybe one of the many ICOs might turn out to derail Facebook's centralised + ads approach. With this Facebook is basically attempting to prevent competition - or am I totally off?

IMO you're totally off. ICOs and the ad market are pretty tangential.

I'm more referring to Mark Zuckerberg's new year post about investing in decentatizlized tech and the power it provides. Will be interesting to see if FB will do an ICO themselves or at least built there own blockchain to address some of the data centralization concerns.

Re: Facebook is banning all ads promoting cryptocurrencies

#178

Post by jinfiesto »

Thank god. My neighborhood has a forum run by the HOA. It's flooded with posts about neighbors running their own "crypto-businesses" trying to get other people in on it. Based on a quick read, I'm pretty sure none of them are in tech (not that that's prerequisite to understanding the technology) and most seem to think BTC is magic internet money. If/when BTC tanks, the ensuing bloodbath is going to be nasty.

Re: Facebook is banning all ads promoting cryptocurrencies

#179

Post by freehunter »

thaumasiotes wrote: post #139
ryankshaw wrote: post #70

Earlier quoted context omitted.

I love your idea of clicking on facebook ads just to see what would happen for a person that did happen to be in that cohort. Other things I have thought of that would be interesting to do this experiment with is multi-level-marketing BS, political ads catering to the opposite side of the isle, and "Preppers". I would find that much more interesting than my current facebook feed that just feeds me more of what I am a…

> I recently spent a week in Hawaii and listened exclusively to a local radio station the whole time. It occurred to me that my view of what people did for fun, or where they grocery shopped, or what issues were important to them, and generally "what the locals do" were largely determined by who happened to be paying that radio station to play their ads. And it was just an "ah-ha" reminder that in every group, cultur…

That's literally their entire point, you just repeated it back to them as an insult.

Re: Facebook is banning all ads promoting cryptocurrencies

#180

Post by pavel_lishin »

mv4 wrote: post #112
pavel_lishin wrote: post #45

Earlier quoted context omitted.

> 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.

Either you're trusting the crowd to reward good content, which means that people will rapidly optimize for clickbait, or you need some sort of moderation, at which point you're just paying writers.
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