Bitcoin Forum

in my view this is good for the Crypto-currency world. Most scam projects coming by advertisements , so the people caught . after the ban definitely the users willing to go Ranked websites. As an example if you want to invest ICO , definitely now you check with a Ranked websites like ICO bench , ICO drops etc.

NOw filtered the scams, anyway this is good action. this ban means they indirectly supporting the Crypto currency future

I know this is a good action from Google and FB but we must consider about the losses that an ICO can meet without advertisements, how can investors know about the ICO without any informations any ads on internet, and the number of investors will surely drop and ICO don't have enough investments will die. But in the bright sight, this will make new ICOs must have high quality to get more attentions from community.

For a lot of ICO failed or tend to be a scam that's why they implemented it that much, this banning will only affect the ongoing ICO and future ICO, not on those who are in exchange now, but as we see its the market that is affecting too much since the holders were into panic mode.

ICO needs these very popular sites because they will help their projects to be more known in the whole wide world thru advertising because of the huge numbers of people who visited these sites everyday but the good thing in FB still they will help to advertise the ICO as long as they are legit and will pay the advertising services. For the google, we will just wait for their future announcement.

Right something! we are know facebook ban before any advertisement about cryptocurrency google also follow social media, I think yes they are detect many kinds of false ico which can dropping you their trap! so I think it's can back to blessing for cryptocurrencies future.

This is a good action made by Google and Facebook since majority of ICO are scam. Now only a few good ICO will survive because if they are really a good coin they will pursue and prove to the community that their ICO is not a scam and will provide good service in the community.

I think at this stage cryptos are very well known to the world. Thanks to the mainstream media for their negative views. For the scam ones its a little setback. But I hope everything turns out to be good. But in my opinion it doesn't matter. The one who wanna invest will definitely look for the potential of the ICOs from other sources.  

I think this is a bad news in the short term, but in the long run, this is a good news, because it will reduce the fraud of the ICO project, you can protect the interests of investors, so I support these large enterprises to do such a decision.

This is old news which is being repeated apparently to undermine the value of cryptocurrencies once again. People should not let them influence themselves by messages like this.The power is with the people, not big multinational corporations, unless we allow them.

In my opinion this news not really effect with development of cryptocurrency because there are many others way to promote advantages and benefits of cryptocurrency like others social media twitter, instagram, blog article etc. And that right,  google and facebook ban ICO ads actually is good thing to to protect investor from fraud project.

Good steps to protect people from those icons who do mass marketing campaign to scam people.

Developer generally lack marketing skills and those who have take advantage of this by promoting coins with no future plans.

So disabling ads will help useful coins only

Gug will not prohibit bitcoin for a long time, my guesses that bitcoin will buy out an advertisement, or they will score on it and will simply already use Yandex

Devs of meaningful ICO already have a presence with genuine visitors like for example Kodak. Facebook and Google may protect their users against scam projects. But as I see many non crypto related ads targeted to scam projects, I have doubts about the real motives of these steps. Maybe the two companies are standing under pressure by authorities.

I think this is bad news, this can cause the development of crypto stunted and will make the market more and more chaotic. maybe only briefly the effect but will make a lot of people experience losses because of this panic

I think they don't need to banned all the advertisements of cryptocurrency in google and facebook. They should let the legit advertisements in google and facebook. They should filter those legit and fake or scam advertisements in google and facebook.

The good ICOs will be fine. I think it's the scammy ones that will be affected negatively.

There are always other platforms to advertise on and if anything, I hope we'll see less scammy ICOs because of the regulations.

They already panic even it doesn't even need since the market should not be affected but the ICO only. Some were just too paranoid on their investments that they think crypto will shut down ,which impossible to happen now.

By this action, now only genuine and good ICO's comes to the market and it is good for investors of new ICO's. It will beneficial for investors in long run as bad elements eliminated and only sound projects comes to the people.

You are absolutely right. Google and FB ads made scam coins make easy money. this decision by both companies is good.

Everything seems to be pointing at either keeping down or crushing crypto - i have no idea who will win :(

It is likely the two companies have just their priorities in this direction. We are waiting for the ICO from Google and Facebook:D      

Actually, maybe this and correct understanding. Now 90% scams trying to push through its advertising in information blocks. How could they do otherwise?

And not only them, blocked twitter a few days ago! My question about why I was blocked, I still have not received a response and I think that they just don't answer me ..... So be careful with your social networks!

I heard that google and facebook banned all the advertising of ICO projects. Not only suspicious in their opinion

With the ads like send your Eth to this address and we will x5-10 amount, this is nothing but positive news for the crypto community. These ads were doing nothing but scamming money out of the hands of newbies. Plus now the scam ICOs wont be able to promote themselves to newbies.

It's actually a golden opportunity for ad networks focusing on the crypto niche. They're gonna get flocked by customers.

It's now a good time to start your own crypto-blog.  Media buys are gonna be the mainstay of ICO advertising. ;D

If some ico specialists are bought off with money, change their thoughts, and change the real face of some ico for money, misleading investors, there will be such a situation!

That's what a lot of people are worried about!

they do the right thing, it is good that less scam projects will be advertised, but it is bad that the market reacts to these news by falling prices.

that's just FUD. All that information is fake. At present there are many ICO projects being advertised on both facebook and google. There are no policies out there from facebook and google. It's just a shark's strategy to make traders worry and sell their coins. That's bad when you believe them.

I believe they said that they were going to introduce and enforce the ban later on, not straightaway. So I think this is why we still see ads, only temporarily though.

It seems to me that the situation will not change much from this. And soon everything will come back because already state leaders are beginning to recognize bitcoin and this is a very big step

Lets observed this carefully what does this means. Its true that strategy like doing FUD will destroy the community good perception. But dont be rely to this information because banning crypto ads by advertising these two popular websites fb and google will make us all safe to get scammed by the fake ICO. Dont be panic of these big sharks banning as these will bring good environment of cryptoworld in the future. Scammers and FUD's strategies will not win if we are vigilant and connected always to reliable source of information like reading news updates always.

Facebook and Google will no longer accept any Crypto and ICO related advertisement application starting late 2nd quarter this year and Twitter followed to announce that they also no longer support ICO and Crypto ads on their platform.
I don't think ICOs and Crypto will cripple down due to limited advertising and promotion because this forum is for me is enough to promote their ICOs by wearing signature and badges.

facebook and Twitter are two of the giant social media platform in world that aims to get people closer to their loved ones and not the victim of scams and fraud ICOs.
people put trust on ICOs and Cryptos because they're been advertised on social media so the victims were blaming the social media for helping out the scammers on promoting their fake and bogus ICOs and cryptos.
I think Facebook and Twitter had decided the right decision.

but good projects need advertising too and how do you know will Facebook or Google allow their advertising or ban them too?

Yes, definitely. This will set projects only with good marketing and without product off the game. In fact, this will lead to the success of good ones, which means better quality. And if I think this would discourage new investors? The answer is: Do stock assets need advertisements on the internet? Plus, forbidden fruit is more attractive to people  ;).

I think that ban advertisment from Google and Facebook is good think for cryptos because now scam cryptos won't steal money from investors because of fancy ads everywhere.

It just should have happened one day I think. We are able to see A HUGE amount of scammers-fvckers around us. In that case Fb and Tw has decided to control it at least like that. Anyway, it doesnt make sense for bountists.

I hope that all these bans that make Google and Facebook will have a positive impact on cryptocurrencies in General. I hope will be less a Scam.

I think this will be good for the crypto community in the long run. Too many scams are going on and its too easy for people to be scammed by these ads. The ban will force projects to actually talk about the merits of their actual technology, not just ICO, ICO, ICO. In the past it was just too easy for any crap company to push ads and get people to invest.

Sounds like FB and Google and Twitter will still accept ads promoting blockchain projects, just not purely pushing crypto.

Welp - Twitter ban now official https://www.coindesk.com/twitter-will-ban-crypto-ads-starting-tomorrow/

"I found this token from clicking an ad", said nobody ever
I don't think this type of news should affect the prices at all but it always seem to drop the market. Ads for ICOs was a bad idea in the first place and most likely scammy. In the long run this should be a good step, most good tokens grow organically through word of mouth, not pushing clickbate advertisements.

Except that most of the time, when these companies announce these bans, they way too vague in terms of scope and enforcement. I think most people can agree that ads for ICO are scammy - but what about to promote a blockchain project? Ads for events related to crypto, even educational ones? Do they count as "Currency exchange, trading, and related services"? There is a huge difference between safeguarding users against scams and suppressing the cryptocurrency ecosystem in general, and its super difficult for outsiders to predict what the ultimate motivation is. Even harder to predict unintended consequences. Twitter, at least, is also banning ads for exchanges and wallets except for public companies listed on major stock markets - which raises it's own set of issues.

Google and FB will not influence crypto community, Even US and CHIna can't ban cryptocurrency, Who can ban that is not be able to ban. Crypto is privacy who can ban privacy. Google and fb are nothing to the growth of crypto and ICO communities. This community is growing. People are bored with hegemony of banking, fb and google industry. they seek alternatives. crypto is the alternative

Unfortunately you can’t stop the main source of public FUD, which is the news outlets, that really affect the general public’s discourse of crypto.

If it is true, it have an big effect in the market and in the cryptocurrency world bwcause giod and the facebook have a great role to spread the bitcoin all ovet the world. It is one of the easiest way to become known the cryptocurrency in yhe world so i am sure that if it's true it will a big loss to us. Maybe they can filter only the legit anf scam one

Everyday we hear about new ICO projects and but from the all ICOs, there are some ICOs are scam.
And we see, Facebook and Google has very important role to spread crypto currencies and ICO news all over the world. So most of the people without any inquiry invest in these ICO and they are scammed by the company.
Due to thinking of peoples safety, so Google and Facebook ban crypto advertisements. By this step only best and genuine ICOs will be left in crypto market.
I think this step gave bad effect in market, but only for short term. But in long term you will see, this was the best step to protect peoples.
So don't panic on that step, just wait.

I don't agree your point it is one kind of USA regulation. Peoples are not a mad they know how to choose the right platform but some beginners also ask some queries in before to invest in ICO. You should think Google, Facebook and Twitter these three companies are depends on US government so USA is against in cryptocurrency.

I agree with that, banning ICO is not against cryptocurrency, in fact there are positive result that will happen after banning ICO advertisement since 81% of ICO are scam base on the study. This step will help new investors to carefully choose a good and a legit ICO that they want to invest.

Marketing automation platform Mailchimp will reportedly shut down all accounts related to cryptocurrencies, including initial coin offerings (ICOs), exchanges, news, books, events, and announcements

https://cointelegraph.com/news/breaking-mailchimp-reportedly-shuts-down-accounts-related-to-crypto-prices-drop

Yes, there are advantage and disadvantages but we still need these network giant for the development of cryptocurrency in general, of course, there is ICO rating site, but these two network giants have a far-reaching effect on web surfer, hopefully in the future things will change.

I think should not banned cryptocurrency on google or facebook because it easy to make advertisment to our investors but need to secure to avoid people make scam.

Yes thats sad, but otherwise it will help a lot of people not to get in bad campaigns, which need only money from the people around, there is no actually any idea - just scam

I believe that this is partly correct, because scammers use the situation and promote their projects in order to receive money from people who seek to make money on investments

You need to look deeper, read the whitepaper and the goal coin is made, see how to map the coins to your criteria, usually, a successful team is easier to make the project work because they already know how to approach the investor. If it works before all then there is hope this time it will also work. So do not hesitate to choose ICO.

I agree with Google and Facebook. If there is no further prohibition, the ICO ads in social media will be flooded, and ultimately the community will be harmed.

That's an old news, isn't it?

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I think... Yes, they made a good decision so that we can minimalize the risks if some of the projects was a scam project by banning their ads.

I think Google and facebook's approach is very reasonable. Excessive advertising may cause some blind investors to be deceived by some scams and cause great losses. Prohibiting advertisements can give more attention to some outstanding ICO projects.

I always thought it was bad news.
Because it would allow fewer and fewer new entrants into the cryptocurrency market, the market would be underfunded.

I don't really give a shit about this banning :). Seem like there are no ICO project can advertise on Facebook or Google again so I think the only way for ICO project to promote their project on Facebook or google is social bounty campaign. LOL. Maybe social bounty pariticpant will get more token than before.

I think it's good that Google and Facebook ban cryptocurrency advertising. It, therefore, came up with the bounty and airdrop and we can earn