Post
Topic
Board Bitcoin Discussion
Re: After FB, now Twitter. Is there any effect to us and what should we do?
by
squatter
on 28/03/2018, 23:14:19 UTC
It was just announced that Twitter has confirms ban on crypto ads starting from today. It follows the steps took by FB earlier.
Google is going to do so in June.

Is there any effect to us?

The news already dropped weeks ago. The policy just officially went into effect. It only affects the ability to buy cryptocurrency or ICO-related ad space from Twitter. Nothing is really going to change, except you'll stop seeing scam ICO ads promoted in your feed.

And what should we do aside of keep calm and do not rushed into panic selling?

The market has already been selling off for months. Where have you been? You'd wait until now to panic sell? Grin

Dude you're so late with the news. Than ban should NOT be a problem. Not even a bit. All the scams getting removed is a very good thing.

It doesn't matter either way. The big problem isn't paid promotion; this is just so Twitter and other companies can give the appearance of doing something. The real problem on Twitter is copycat accounts replying to threads by real accounts. They litter the threads with scams -- "send me 0.5 ETH, get 5 ETH back!" -- and people actually fall for it. The amount of dumb money in this space is truly incredible.