Now there are blockchain companies that are suing Google, Facebook, and twitter for banning all of the advertising related to encrypted money!
Google's ban on all encryption money related advertising will only be implemented in June!
Care to give a source for that? I hate it when people post these claims without providing any news sources to back it up.
I can't find any articles that back up your claims, so I assume you're just making stuff up to increase your post count...
Here's the source:
https://www.cnbc.com/2018/03/13/google-bans-crypto-ads.htmlObviously they wouldn't start banning the ads now if they promised to deliver it on June. After all they're probably still receiving money from advertisers and since there are so many of them, they probably want to have a phase out period.
I still confuse, how the ban cryptocurrency advertising will have an impact to bitcoin price?
Don't ask me. Most legitimate advertisements aren't even on google. However it is extremely suspect that facebook/google/twitter all started banning together, which is why there is a crypto group worldwide that is suing them on this.
It's affecting price simply because traders are making a big deal about it. That's the truth about news and media, it can be used to manipulate markets quite easily even though the relevance isn't even that high. One piece of negative news such as crypto ad bans can lead to a huge panic in the market without any sort of rational reason.