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. 
Topic: positive effect of ban from facebook and google - page 2. (Read 441 times)
The reason facebook prohibits advertising circles related to cryptocurrency because the content of those advertisements is related to deceptive and misleading promotional practices, and prevents irresponsible people from spreading fake financial products and services. And the positive impact will prevent fake ICO.
Without scammer in the world of cryptocurrency most likely the price of cryptocurrency especially bitcoi will soar in this year, bear in mind bitcoin price start high in 2013. Scammers are important factors that can change the price movement of cryptocurrency. Price reductions can be happened by scammers spread FUD and are consumed by cryptocurrency investors, facebook, google and twitter even the country is the reason they banned cryptocurrency is effect from a scammer. Hopefuly with the ban decided by facebook, google and twitter will reduce the scammer to the world of cryptocurrency so that the public can receive and use cryptocurrency well.
i think we should not blame google and facebook only, it depends solely on the readers themselves, jumping into bitcoin without further research or they are lack of knowledge if an ad is fake or not. but this idea is somehow points us towards a safer site to invest. if ads are being scanned and thoroughly filtered by facebook, to know if an a is legit or not, then we are seeing a good relationship between crypto and social media that we all know plays a greater part for bitcoin to grow.
i think sense of security from investor should be guarded. its the right step from google and facebook so there is no investor exposed cryptos trap.
This will require the new ICO to apply bounty to get investors. And with this it is easy to indicate a legit or scam ICO where investors can track the development of ICO bounty, how the opinions and comments of bounty participants.
Facebook's share price has plummeted because of leaked user information.
This will lead many users to use other social software for their privacy!
Ico's advertising can also be put on other social software!
This will lead many users to use other social software for their privacy!
Ico's advertising can also be put on other social software!
The ban will indeed have a positive impact on Bitcoin and other cryptocurrencies. As has been pointed out, the ban mainly is against the ICOs and other shady type of investments, which often end up losing investors money and thus leaving a bad impression.
Bitcoin and most legitimate alts are not in the habit of directly advertising their coins anyway, and you can still promote them using Facebook and other social media so ireally don't see hwo this will be negative except for the brief short-term FUD the headlines about it are causing..
Bitcoin and most legitimate alts are not in the habit of directly advertising their coins anyway, and you can still promote them using Facebook and other social media so ireally don't see hwo this will be negative except for the brief short-term FUD the headlines about it are causing..
I do not see any positive side baned from facebook and google. Hopefully they will work with us one day.
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.
The ban from Facebook and Google has a positive impact, with this ban we hope to handle fraudulent projects so that Bitcoin users will be spared the risk of fraud, as we all know that lately a lot of ICO is a fraud. With this ban I think the scam project is not easy to cheat and also reduces cheating. 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.
I totally agree. I've seen a lot of people complain about this situation on Facebook. I think it's because of all the new projects that have come up with aggressive marketing campaigns. Many people became addicted.
Even Facebook and Google banned bit coin related ads you can still see bitcoim news in their
They just making the security tight so that it can avoid the money laundering and sue the scammers using bitcoim as front and bait of their evil doings those hyip fake icos must stop
They just making the security tight so that it can avoid the money laundering and sue the scammers using bitcoim as front and bait of their evil doings those hyip fake icos must stop
The only good effect is that it will give an opportunity for new social medias and advertisement networks gain importance in the market, while Google and Facebook will lose audience. People won't left Crypto-Currency aside because Facebook and Google, but the opposite might happen.
full member
Activity: 252
Merit: 104
Decentralized Ecosystem for User-Generated Content
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.
That is what they say but I have this weird conspiracy feeling that the governments are the one that made them stop, because they were promoting cryptos and the government isn't happy with that. I don't why my paranoid bells are going off right now, but I will agree the net effect of this all will be positive.
Everything on what happening fot banning advertisement cryptocurrency or bitcoin specially on social media like google and facebook was have a positive feedback just was to eliminate those exploitative person that using facebook or google for not good purpose and for scamming website specially if the value was goes rise again.
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.
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.
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.
Being a ban in facebook and google about cryptocurrency,for me is have a big positive impact in the world of cryptocurrency because for me in this implementation would affect those fake ICO or phishing site to not penetrate or done there own evil ways to deceptive or scamming the asset of those who make a right bussiness in this community or the legit ICO,and also to protect the image of this bitcoin community forum,to still clean from all negative thoughts and spamming.
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.
Jump to: