Bitcoin Forum

There was a rumor that Twitter is going to ban cryptocurrency ads. Why won't they stop and just support the new technology?

Services like Twitter, Facebook and Google don't moderate their advertisements very well, so it takes a lot of effort for them to distinguish between dodgy crypto-related ads (which, let's be honest, is most of them), and legitimate crypto ads.

Crypto scammers can be very persistent - for example, some people create hundreds of phishing domains to trick people who use major crypto services into giving their money to scammers. 

Facebook has already banned cryptocurrency advertisements and Google has already decided that they're going to (https://www.cnbc.com/2018/03/13/google-bans-crypto-ads.html).  It's just a matter of time before other social media platforms do the same, and I don't really see that as a bad thing.

Twitter bar;ey earns money from ads (promoted tweets) and so I don't see them doing that in future. They might however put that your twitter account must be approved to do promotion tweets but this could happen, I don't see why not. There is really bad side of ICO ads and scam/physhing ones but however I don't see any bad side of banning ads. Let them do what they think is neccessery.

The people are ignorant and that's why It's considered as FUD in the first place because this should be nothing but good news as people won't invest in scams anymore. If you place ads in social media, you're targeting even the people outside the crypto community but If you're advertising in CoinMarketCap or bitcointalk forums and faucets etc. then you're just targeting the people who are interested in cryptocurrencies and these same people are aware of scams etc. while the others are not so we should think of this more as a way to not gain bad publicity because If someone get scammed by something related to crypto, you can be damn sure that he will never look at bitcoin or crypto again and we don't want that.

Who cares, none of these things are important, just trying to protect people from ICO scams, to think any one with a bit of money is going to see an ad and go WOW, I'm going to throw money at this... come on..

They banning crypto currency ads because someone that IN POWER asked them.
So Twitter will be the next.
Even they want it they cant because just like i said above someone IN POWER asked them

With a lot of digital currencies that they do not know whether a legitimate or not, they are letting them their advertisements and the way that their users will not be victimize by these scams is not letting their site show this projects or sites. People might not see these advertisements but if people are really supporting and investing in an ICO, I think people will not be affected by these FUDs or banning of Crypto currencies.

this sums it up, i'm hoping to see a future where crypto market is resistant to these types of news, a news by just putting a word "ban" can really affect prices especially when a big social media platform like this one.

If Facebook and Google are going to stop running them its no surprise that Twitter will as well. Its just more orchestrated FUD to put people off and get people to panic sell.

I think it is just a strategy of someone else. But I do not think this could ruin the cryptocurrency world.  It is just a warning for us that there are scammers who wanted nothing but our crypto coin. Let us just do not be affected by their fake news. Let us continue supporting the cryptoworld.

If they did ban cryptocurrency ads it will only be beneficial to stop tonnes of scammers from robbing, so I welcome it.

Since facebook and google went public about banning cryptocurrecny ads I am not really surprised that others are following suit. Lot of people have been scammed from these Ads so they are really just trying to protect people who fall prey to these scammers. Although news like this will also affect the market and might lead some people to believe that the market will crash but that too will pass.

Maybe Twitter CEO doesn't like bitcoin and blockchain technology but the CEO of Facebook has clearly stated in one of the latest interviews that he sees blockchain technology as substantial part of Facebook future but for the moment he has also banned crypto related ads in order to stop scams. If you see many pages about crypto in Facebook are about ponzi schemes and different doublers and coin generators while very few are genuine.

This is not bad news for bitcoin in the long term , I think it is good news after a few months starting from June and up. As a barometer to gauge if this news is good or bad I will let the month of December to judge and I am sure back then it will tell us that in the end it was good news to bitcoin and cryptos in general.

Except from the Twitter, Facebook and Google also banned advertisements related to the cryptos, due to reason that, there are many scam ads those can cheat to people by giving them unrealiable information make them buy cryptos. In this case, these bans can be beneficial to people who are willing to buy cryptocurrencies.
Another reason for ban, i think the idea behind it, is that cryptos have some influence on Banking System towards to negative side. Hereby, many inverstors involved in Banking System are not happy for increasing volume of cryptos that can even eliminate Banking system and can cause to unemployment.  

That is still a FUD until Twitter release a statement regarding it. For now, as much as possible, let's stop spreading FUD because it is not helpful in the community specially now that crypto coins are in dip. Let's just stay positive and hopeful that everything will be ok. There's a lyrics on a song that "There will always be a rainbow after the rain".

They won't stop and support it, because those who hate cryptos - those who run and control the fiat Ponzi scheme and various governments, companies (including twitter), etc. - will do everything in their power to undermine cryptos. They know that cryptos have the power to make their control structures obsolete in no time, especially when the masses wake up and start to embrace cryptos. This is why they will attempt to ban, restrict and regulate it while proclaiming that they're doing it for our protection. Yeah right!

 Some FUD's was propagated by the whales and its there objectives to ruin the faith and confidence of coin holders , it gonna be strategy to create a panic selling but if it is true that twitter was planning to ban crypto ads, then its their prerogative to do so because they have the right to protect their company and image if it use by some to mislead people.

they support blockchain technologies, but not the scams

If this rumor is true then almost all the social media is banning cryptocurrency ads. This could also be a good thing for the legit ICOs because fraudulent and scam ICOs can now be controlled. There are so many ICOs out there that are scam and i think that social media's move to ban cryptocurrency ads is a good move.

Fud's always trying to manipulate the price which the common reason why they always making false articles about the blockchain technology. And so on after the manipulation they will ride it and support until the price goes to ATH.  what a nice idea right?  Lol

Let us all be strong guys, don't let those fools lower your guard and be patient always. Maybe having a regulation could also be a perfect plan for other people to trust and invest in ICOs again.

Their actions show otherwise. More than one legtimate crypto-related twitter account were either outright or shadow banned and many legit crypto ads banned.

If the likes of Google are so serious about blocking scams and ads about scams, why are they allowing fiat-based scams to advertise (e.g. binary options)? I know exactly why, but there is no need to entertain it here. Decentralized, censorship free social media and advertising platforms are going to make this a non-issue pretty soon.

This is the lazy strategy out of a sticky and expensive problem. Most of these sites do not want to spend resources on filtering

millions of advertisements, to identify the good from the bad. The quickest and cheapest method is to implement a blanket

ban on everything linked to Crypto currencies and the problem goes away. They obviously did the math to see what is more

profitable. {Getting the ad income or spending money to deal with the problem}  ::)

These fuds keep on spreading everyday and it is not new. Last month, facebook also announces this kind of thing.

There is no news about twitter and i think this was just a way to threaten every investors to pull out their investments in bitcoin.Its  price were affected by different speculations happening..but there is still posibilities that this cannot be implemented.Who knows that in 3 months there will be changes, as huge population of subscribers disagree on this matter.People will do illegal activities if they want to and all of us must be very vigilant in every investments that we are going to join.If this will be the reason why Google would regulate cryptocurrencies advertisements to avoid people to get scammed then hope that they also give some benefit of the doubt on the impact of crypto businessman.

Thats the problem "a rumour" until there is an official announcement from twitter its not a story.
Anyway twitter will still allow me, you and anyone else to talk, share and promote crypto,
Its the same with facebook and google.

It was reported that some PayPal users have received a message from PayPal (or someone that pretends to be from PayPal) about PayPal banning crypto transactions on their platform (or something allow those lines). Whether true or not, PayPal and their high fees won't survive the crypto storm.  

That is why people should analyse the news and not to take information from the surface. I believe this move behind Facebook and Google is to protect the users of the platforms from those shabby advertisements. It got nothing to do with crypto.

Where did you hear that, can you provide a trusted source.
Each day we read hear hundreds of rumors, you should not repeat everything you hear, you can mislead us with such posts.
I hope this is just another lie especially after the rumors about banning crypto ads on FB.

Banning adds has nothing to do with supporting bitcoin in my opinion, and this is just another excuse for people with money to start selling their coins, make the price drop a small %, and everyone else will follow with panic sell, because they don't have a clue of what bitcoin is. We keep seeing this behavior during the start of this year, and I guess it's not over yet. Don't know who is doing it. Wall Street that bought a few BTC to manipulate it's price in order to get more out of futures, or Mt Gox, or Roger Ver, or any big profile "bitcoiners", that can manipulate the price in order to profit from the next bull run.

I'm not selling mine because nothing has change. Why would twitter banning adds would harm bitcoin adoption? Everyone knows about bitcoin already, and bitcoin is not used for ICOs. These news could hurt ehtereum, and all ICOs platforms out there, but not bitcoin.

I can't argue if they will do this in the near future but at least they do it only to ICO and investment schemes advertising, not all the crypto related content since there are legit crypto services that need promotions in any huge number of active users especially social media platforms.

I wonder that my account was banned because of promoting these kind of projects. :(. Sadly, I have that account for some extra profit, but unluckily, it got banned. I don't know it that's a spam or by that.

Fud, fud and more fuds. Seems like there are some peoples or something who want bitcoin and cryptocurrency fall.
If the rumor was right, i wonder why they ban the ads. if they banned it, why peoples panic and sell the coins ?
it is only the ads that banned, not the cryptocurrency itself.

Google also wants to ban. Most likely this is due to the fact that the crypto currency is still not legal. Once it is everywhere legalized then there will be no grounds for a ban.
But you can always find other ways of advertising.

Just because they haven't come out with an official statement at length, doesn't take away from the shenanigans already experienced by many and comments made by top twitter officials in various tweets.

In addition, it is primarily about them banning and/or restricting crypto ads (under the guise of wanting to prevent scams from advertising), not crypto related discussions on twitter. However, they have already went beyond that by shadow banning certain crypto accounts. This while they deploy bots to steer discussions in the direction they want. They will of course not publicly admit it, because people might actually wake up for a change. Like google, facebook and the likes, their only interest is to 'protect' the public. ::)

The people at the top who are against cryptos - in particular decentralized cryptos - are not stupid. They know it is critical to swing public opinion in favor of regulations. And part of the process involves conveying the idea that you're banning and restricting ads to protect the public against scams.

My question: What are they doing to minimize the effects of the biggest Ponzi scheme in existence, the fiat Ponzi scheme - a centralized monetary system based on debt that can never be paid off? E.g. the last time around the banksters were bailed out, but the Average Joe received no bailout. The very reason why something such as Bitcoin has seen first light.

The fuds seems to be never ending this time round from end Jan to Mar 2018. I really wonder whether all these fuds are created before Bitcoin start its bull run again.

IMO, it is hard to filter scam crypto ads in Facebook, Google and Twitter. That is why these companies decided to ban it altogether. I don’t think they are against crypto.

Exactly, but lo and behold, some want an official statement from the twitter gods before accepting reality for what it is.

Make no mistake, it is a coordinated attack involving many governments and players, including the Mt Gox trustee that falsely claims that he didn't sell those bitcoins in a reckless manner.

This report is still not yet verified so we don't know if this is legit, but I won't be shocked if this will really happen soon. There are lots of companies (most are fake) that are just tricking their investors and it is being promoted on those platforms (google, facebook, twitter, and more) which will give a bad image to them. But I don't see this as an attack to cryptocurrency market, this is just to protect their company from being accused of letting illegal activities run on their platforms but I'm not saying that all cryptocurrency ads are scams. I don't know how they filter those ads that is being broadcast in their platform but I think they should consider those legit companies and services and not all ads related to cryptocurrency.