The move from these teo trusted sites is to protect those that are new to cryptoworld that are vulnerable to online scams using crypto to get money from innocent people. This is actually good for everyone. Not all people see the goodness in this act by facebook and google. If this gets implemented, people will only buy bitcoin in legit sellers and websites which means many people will now trust that they will not be scammed. The only reason why some people didnt invest earlier was because of fear of being scammed. If google and facebook will remove this vulnerablility then this will enhance the value of cryptocurrency and might bring the price back up.
Understanding the main positive effect would be from the fact that they have put on the ban on cryptocurrency but after some time passed they just removed it so people would think that they counted cryptocurrency as trusted and worthy. 
Topic: positive effect of ban from facebook and google (Read 441 times)
Positive impact seen till now from Facebook and google ban more people know about cryptocurrency as advance easy payment process but I heard Facebook planning to issues its own coin with new blockchain support Facebook . is that correct ?
The reason why most of the social media's are banning cryptocurrency ads is because there are ico's who are scamming their own participants and this social media's did not want to get involve in those scandals.
The move from these teo trusted sites is to protect those that are new to cryptoworld that are vulnerable to online scams using crypto to get money from innocent people. This is actually good for everyone. Not all people see the goodness in this act by facebook and google. If this gets implemented, people will only buy bitcoin in legit sellers and websites which means many people will now trust that they will not be scammed. The only reason why some people didnt invest earlier was because of fear of being scammed. If google and facebook will remove this vulnerablility then this will enhance the value of cryptocurrency and might bring the price back up.
when the regulation is banned with the aim of security and kindness I will agree to that, there are indeed many cases of fraud and project scam on behalf of crypto, of course it will be a negative impact when crypto is getting public space for the community, we should be more careful and this information hopefully more useful and useful for all of us
Ban made by facebook was a temporary thing. Because facebook reversed it decision in banning crypto ads. But, with a condition, they need to ask permission and pay the corresponding amount. This move by FB is a profitable move.
Its pretty obvious that Facebook has over reacted about this whole crypto ads banning that's why they have to reversed it. And they have been under heavy scrutiny as well and they just loses $120 billions after a "not so good" Q2. So they need to make necessary changes as to not spooked their investors that's why they lift the ban. Its very welcoming though, but I hope that people are not gullible to fall for scammers in facebook community. Just used your common sense and I'm sure that you will be fine.
Ban made by facebook was a temporary thing. Because facebook reversed it decision in banning crypto ads. But, with a condition, they need to ask permission and pay the corresponding amount. This move by FB is a profitable move.
The price of bitcoin does not depend on Facebook or Google. The price is completely controlled by a certain circle of persons. If facebook and Google officially accept bitcoin - just more people become involved in cryptomir, and "security" - is illusory here.
Neither Google nor Facebook can affect on crypto market quite significantly. The current bearish trend is caused by the lack of new liquidity i.e. neither professional traders not amatuers did not want to buy bitcoin at 15000$-20000$. Of course, some part of traders bought at 15000$-20000$ but it was not enough to move bitcoin to new highs.
My opinion, by banning crypto content Google and Facebook lose some part of internet activity which will be transfered to another internet services and portals.
By the way, as far as I know Facebook has already softened his policy about crypto advertisement and I am sure that it is the right decision.
My opinion, by banning crypto content Google and Facebook lose some part of internet activity which will be transfered to another internet services and portals.
By the way, as far as I know Facebook has already softened his policy about crypto advertisement and I am sure that it is the right decision.
The positive thing about banned crypto ads on Facebook and Google is that money owners do not carelessly make scam projects, as we know that many ICOs and Exchanges advertise on Facebook and Google, making crypto's reputation worse.
For me it's good to ban google and facebook because of the plagues of fake ICOs and phishing sites. As a result, the scam will be less reducing and plundering money. Without scammers you can be more calm and do not need to worry. but should be careful
Positive impact seen till now from Facebook and google ban more people know about cryptocurrency as advance easy payment process but I heard Facebook planning to issues its own coin with new blockchain support Facebook . is that correct ?
I hope with the ban of facebook and google this can overcome or eliminate projects that scam. especially now many emerging bounty and airdrop new scam. I believe this can reduce this cheating.
I also hoping for that. Its because of freely posting in social medias just like in facebook, google, twitter and youtube about bitcoin some posting are fakes and it can be a scam. Even though there are still a informatuve post in social medias but for me the positive effect of ban is to limit the scams that can cause a trouble to the crypto world. I believe even if it that banning in social media, happened there is always a reasona and purposed behind it.
Yeah that's the problem with social media these days. Every monkey with a computer can go and post junk on the internet, and we don't know who's lying and who's honest anymore. Social media sites are trying to deal with this by using their "smart" algos, but in the end it's the users who lose out because their feeds become echo chambers.
It is a good move to ban these adverts because it will make it more difficult for scammers. Now they actually have to go out and register a domain name with an address. So if we get scammed we know where to find them...
I think there are still a lot of cryptocurrency ads are still circulating on both platforms and in my opinion it's just a conspiracy to make the price of falling bitcoin because it would be a lot of panic.
I do not see any positive side banned from facebook and google. And it creates opportunities for social networks and new ad networks that are of importance in the market. I think everyone will do not give up on cryptocurrency because of facebook and google.
Although some positive effect like protecting people from high risk and lost exists in facebook and google, much more negative effect in it. It maybe a great opportunity for people to grasp the future trend if facebook and google doesn't ban it.
I am very supportive of facebook and google. They are trying to do something good for the user. I hope the fraudulent projects will not exist anymore. A healthy environment on the internet
I hope with the ban of facebook and google this can overcome or eliminate projects that scam. especially now many emerging bounty and airdrop new scam. I believe this can reduce this cheating.
I also hoping for that. Its because of freely posting in social medias just like in facebook, google, twitter and youtube about bitcoin some posting are fakes and it can be a scam. Even though there are still a informatuve post in social medias but for me the positive effect of ban is to limit the scams that can cause a trouble to the crypto world. I believe even if it that banning in social media, happened there is always a reasona and purposed behind it.
What is the reason behind the ban? In order to prevent scam ICOs. The only thing that I think has the positive effect in banning of google and Facebook in cryptocurrency is that, scam ICOs cannot easily fool a lot of people.
Yeah that was the main reason for the ban, and we'll it should have decreased the ways scam ICOs advertise themselves. This probably won't have too much of direct affect on the market, there was and still probably is a FUD surrounding it. Well, that is also a probable cause behind that implementation regarding on ban cryptocurrency ads and there positive effect and negative effect on this issue. Positive effect could be result to a legit ICO were coming to the market whicj a lot of bounty hunters are happy on this strategy and negative effect are decreasing of shares between social media which reduces also the promotion which can be affect by production to down rate.
Not too often we hear of Facebook doing something for our benefit. Positive news.
What is the reason behind the ban? In order to prevent scam ICOs. The only thing that I think has the positive effect in banning of google and Facebook in cryptocurrency is that, scam ICOs cannot easily fool a lot of people.
Yeah that was the main reason for the ban, and we'll it should have decreased the ways scam ICOs advertise themselves. This probably won't have too much of direct affect on the market, there was and still probably is a FUD surrounding it. Well, that is also a probable cause behind that implementation regarding on ban cryptocurrency ads and there positive effect and negative effect on this issue. Positive effect could be result to a legit ICO were coming to the market whicj a lot of bounty hunters are happy on this strategy and negative effect are decreasing of shares between social media which reduces also the promotion which can be affect by production to down rate.
But if they are that gullible ... Then won't they get scared to invest in cryptos .. and then won't even buy ever ?
Because .. the right knowledge about cryptocurrencies is not being spread... I don't think that it will really have a positive effect on the mindset of those who tried to get involved.
Because .. the right knowledge about cryptocurrencies is not being spread... I don't think that it will really have a positive effect on the mindset of those who tried to get involved.
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