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Topic: Twitter and Google joining war against crypto (Read 529 times)

newbie
Activity: 264
Merit: 0
They are not against crypto, the run against scam projects advertising, a lot of people lose their money by "investing" in such projects.
newbie
Activity: 147
Merit: 0
My comment is This course will greatly reduce the number of frauds, but still will not solve the problem.
and they decided not to spend money on crypto education and they just want to avoid scandal letting people advertise fraud.

full member
Activity: 350
Merit: 107
Well, i don't think so. If you look carefully in Twitter,crypto and blockchain has become mainstream topic and all blockchain and crypto associated user base is on the line,if they do something stupid and they will loose a high number of user,as per Google there was recent news that they are going in blockchain world , but I think they are just putting restrictions and that is good also  as it will avoid scam ICO.
full member
Activity: 1974
Merit: 101
this is good news as well as bad news, finally twitter join the war too for against scammer and to protect investors from fraud.
but I think it just temporary until they find the best solution of this problem.
full member
Activity: 378
Merit: 100
Mehn will crypto currency be able to survive... What's gonna happened from here is this the end of bitcoin??
jr. member
Activity: 53
Merit: 10
I think this will be maybe is a good thing to prevent a lot of scam and ponzi schemes to spread on the global Google platform ADs, in other way this decision is bad to the good and genuine projects that would to advertise widely.
hero member
Activity: 1190
Merit: 541
I'm tired of seeing my Twitter feed filled with ICO advertising, glad that will be over soon.

Google should've done that years ago, top ads for wallets, exchanges and other crypto related website searches were phishing, millions were lost because of these.
Back then, there were not many scam ICO and exchanges in the market. The number has significantly increased when the market was in hype in previous year and all were looking towards cryptos. I think Google will ban most of the advertisements of exchanges too, but not of all.

Advertisements for websites and wallets for storing crypto currencies will surely be banned, but I doubt about exchanges. Exchanges are getting regulated nowadays and most of them ask for KYC details and other verification details and are transparent to the government. Those exchanges will surely stay and won’t be banned for advertisements.
member
Activity: 672
Merit: 22
Even if Twitter chose to ban any crypto ad related content in order to protect their users, I don't think that all the bounty hunters -who are also users- will be very happy with that decision.
For individuals like me that's not very important, but for teams who earn most part of their earnings from bounties (the same that we find here with multi accounts...) it is a very bad new.
member
Activity: 392
Merit: 10
The ICO market is growing fast, causing an increase in fraudulent ICO. It is not easy to detect and prevent ICO fraud and can not be made immediately. Therefore, social networking sites are heating up the issue of banning ICO ads before managers have a good ICO management approach.
I agree !
sr. member
Activity: 585
Merit: 251
I don't think if you look carefully in Twitter,crypto and blockchain has become mainstream topic and all blockchain and crypto associated user base is on the line,if they do something stupid and they will loose a high number of user,as per Google there was recent news that they are going in blockchain world , but I think they are just putting restrictions and that is good also  as it will avoid scam ico ,
member
Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
When twitter and  facebook ban crypto Ads,  it is sure  an opportunity  for other  social media platform to emerge and  a  plus  to Bitcointalk.org as  crowd  will increase, There  is  a need  for  regulators  in the  cypto  space to  reduce  scammers taking  over  the  space.
hero member
Activity: 700
Merit: 500
It’s not war against google and Facebook doing this for less mg term benefit for cryptocurrency . If advertisement banned there will be less scammers and even it will reduce the money going out of the crypto community. So it’s all benefit crypto currency for long time.
True. Though we might experience some dip and crash in the market due to the news of government regulating ICO’s and social media banning crypto advertisements, but it will surely prove beneficiary in the future.

Once the promotion of ICO’s stop, the scams and fraud activities will reduce and people will look into pouring and investing money in those crypto coins that are already well established in the market such as BTC,ETH and XRP rather than investing in some scam ICO’s and losing money which flows out of the crypto market.
full member
Activity: 728
Merit: 101
google should not banned ico ads, they should have a solution to overcome the phishing site and scam site, they could just regulate and perform a special verification filter for ico projects that want to advertise their ico in google ads
jr. member
Activity: 252
Merit: 1
There is no name of war, it is just fake news to drop the price of cryto on the market. So far twitter, google and crypto are fine, maybe there's a bit of a problem but that's overwhelming by irresponsible people.
full member
Activity: 420
Merit: 100
this is good news.
because to further re-select ICO to be promoted, and also many advantages gained, for example the decimation of the ICO scam.
they forbid it because there is a certain purpose, not without cause. later also good for future ico.
member
Activity: 308
Merit: 10
Buy, sell and store real cryptocurrencies
At present, the scams have grown so much, they have taken advantage of social networking sites to reach out to investors. They cheated so many people while their coin projects were ghosts. I think the decision of Twitter, google and facebook is right; In order to prevent ICO scammers from thriving in the market.
full member
Activity: 386
Merit: 100
For me this is no war against crypto, If you've ever been scammed by this ads then you will understand why it is necessary.
They have a right to protect their users, genuine ICOs will find legitimate means of advertising.
You've also listed the advantages of this moves to cryptocurrency.

Many people victims of scam ang some of the main reason is they see it in social media but take a look at this, all of us has obligation to ourself, we don't need to believe easily on what we see in any advertise, all we need is to study about the crypto.
its our responsibility to make sure that we don't invest in scam.
member
Activity: 756
Merit: 16
We All Can Make It
For me this is no war against crypto, If you've ever been scammed by this ads then you will understand why it is necessary.
They have a right to protect their users, genuine ICOs will find legitimate means of advertising.
You've also listed the advantages of this moves to cryptocurrency.
sr. member
Activity: 700
Merit: 251
Damn this is terrible, like the current market condition is not enough, and there're more things that most likely gonna make the market even fall deeper? Sighs.
Well it's both good and bad things about the ban though, but i'm worried that the more big names like google, facebook, and twitter throw something against bitcoin, the more people will think bad of bitcoin, and maybe can lead to the end. Still, it'll be nice if it can reduce scam icos and such.
full member
Activity: 490
Merit: 100
Well it looks like more great news for all of us (rolls eyes)...

In a new, unconfirmed report, Twitter will ban all crypto related ads in 2 weeks. This coming on the wake of Facebook banning crypto related ads.

Read more here: https://www.coindesk.com/twitter-will-ban-cryptocurrency-ads-in-two-weeks-says-report/

Also, it appears in June of this year that Google will change it's policy regarding financial services ads, and that means a ban on crypto related ads. This is going to absolutely tear the market to shreds even more than it is now. What a shame.

I hope all this shit will eventually be reversed because if this is a sign of things to come, we might end up with the blockchain, but without new cryptocurrencies/ICOs. I hate all the scams going around but some of these moves are over the top. This type of thing by Google may be too much for this infant industry to handle. This really sucks.

You can just Google this topic to find many sources, but here is a good write up to get you started:
https://medium.com/@Michael_Spencer/google-will-ban-crypto-ads-and-it-will-kill-icos-as-we-know-them-e0cb714f8d45

And the direct article from cointelegraph:
https://cointelegraph.com/news/google-to-ban-all-crypto-related-ads-starting-june-2018

So yeah, this could be a pretty rough entire year for crypto...not with a bull run in site. I, like many of you, wish for nothing but a turn around and optimistic future for the crypto space. I am not trying to spread fud, or create panic, I am only trying to make people aware of the news.

Possibly benefits of these bans:

- Reduction of scammy ICOs
- Reduction of paid phishing scam site ads on Google
- Increase in bounty pay for social media sites
- increase in quality crypto related content, products and services


You are not creating Fud or panic but emphasizing the reality before all of us. Like the possible advantages of these ban  which  are, Reduction of scammy ICOs ,  Reduction of paid phishing scam site ads on Google,  Increase in bounty pay for social media sites and  increase in quality crypto related content, products and services. These are also for the good of cryptocurrency and holders.

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