Quote from: Digital_Lord on March 24, 2018, 05:26:22 AM

Quote from: 99th on March 20, 2018, 08:45:36 AM

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

The report has already been confirmed. Twitter in going to ban all crypto related ads following Google and Facebook in this decision. Google will take actions upon ads related to crypto currencies and ICO in the start of June month.

We have already seen quite big crash in the market recently due to these social media banning crypto news and due to governments of countries trying to break down on ICOs and trying to regulate them. According to me its great that crypto ads are being banned, now people will invest in established and well know crypto assets rather than entering ICOs and new projects.

This seems like a double edged sword to me. On one hand, the bad news is affecting the market in a bad way. On the other hand, popular cryptocurrencies will receive more attention as you said which is a good thing. I feel that this move is actually worth it since this should help the entire crypto market in the long run which is why I am not sad about these new changes by Google, Twitter etc. Some people might feel like dumping all their assets since they fear such big companies, but this will not slow down crypto in the long run and Bitcoin has proved this time and time again.