Topic: Google and Facebook go back on their position towards cryptocurrencies; Bitcoin, - page 3. (Read 1045 times)

Many country’s (which were biggest facebook users ) government are not interested about  cryptocurrency and some of them totally banned cryptocurrency that’s why facebook need to banned  crypto ads . But now it’s a good news they go back from their position.

Well it was about time that Facebook and Google backtracked on their bans as the cryptocurrency is turning into a huge industry and ignoring the revenues these companies can generate through the crypto industry would just be silly. But I hope that they continue their ban on the ICO ads.

You do really have a point

i think the market may consider this as a good news and they certainly are hyping this up all over Reddit and ... these days. but in retrospect i'd say this is more of a bad news than a good one because it means all the scams will come back. the Malware Ads that were fooling the newcomers to download false wallets. the ICO Scams that were fooling newcomers to take their money and all the pumpers ,.... will come back too. and that is more damaging to the whole market than it is good.

Google and Facebook have no choice but to removed their previous ban on crypto related post. The world is now starting to adapt the blockchain and cryptocurrency. If Facebook and Google will not adapt to this, they might go bankruptcy in the future because everything will be done in blockchain. Tha is only a wise move for them.

Well it is because that in the first place they do not ban these crypto ads. It is just that a certain country who ban cryptocurrency will facebook and google automatically adheres as what the government wants to happen and that is to get ban also crypto ads. Somehow facebook and good crypto ads in our country has always seen and never get heard that these ads are being ban.

It's good and bad when google and Facebook took down cryptos ads they were more keen to stop ICOs which are mostly scam af. So that time it was really good cause there was no more scams ICO but now if you see I, already seeing ICO ads which i do not like cause most of the icos are messed up and I don't like icos personally. So it'll take quiet a while before we understand how good it is.

I'd love to know what conversion rates legit businesses like Coinbase were getting from these ads. Apparently they've popped up again so it must be worth something. I fully welcome the execution of ICO bullshit ads. That benefited no one other than the con artists running the ICOs.

I'm also intrigued to know whether this will have any effect in the present market. I find it pretty doubtful myself. The type of person who'd be reeled in by this will be the last to join at the peak, not get in when things are quiet. That's how it's always been and always will be.

Hmm! This is thought provoking

there is no use in google and facebook being open for cryptoads,

cryptoads are tendenciously bad, for the industry as it gets a corruption image, because only the rich of the past, will be able to reestablish themselves by corrupting themselves with ads, like ripple is doing.

regards

I agree with you up to the point that they do not run this world.

But personally, i think that in terms of Internet and social media adverts, they are very important

Google and facebook do not run this world. They are not important.

Is this something we should rejoice over and how will these impact in Crypo Space?




Facebook allows Coinbase to advertize in the social network.
Google includes major coins in the exchange rate converter.
The largest global social network white listed Coinbase from its advertizing ban for cryptocurrency and ICO related companies. The news popped up on Saturday when CEO of the US-based crypto exchange Brian Armstrong posted a tweet with attached Coinbase ad in Facebook:

"Facebook banned ads for crypto earlier this year. Proud to say we've now been white listed and are back introducing more people to an open financial system."

The community cheered the news while the post gathered over 160 comments.

Meanwhile, Google also seems to have warmed up towards digital assets and added Bitcoin, Bitcoin Cash, Ethereum and Litecoin to its online currency exchange converter. If a user searches Google for these coins, the system automatically displays their exchange rates for these coins in user's local currency.

It is worth noting that Google's rates differ from CoinMarketCap data, while the source of quotes is not readily available.

Earlier we reported that Google's co-founder Sergey Brin confessed that he had been mining Ethereum together with his ten-year-old son.

All major cryptocurrencies have started the week in a green zone. Bitcoin is one of the growth leader: the coin gained 4% on a daily basis and jumped above $7,700 handle. Ethereum climbed 1% higher to $467, while XRP settled at $0.4592, 2% higher on a daily basis. Bitcoin Cash is changing hands at $827, up5.5%.