Bitcoin Forum

https://news.bitcoin.com/russian-chinese-korean-associations-to-sue-internet-giants-over-banned-crypto-ads/

Just read this folks, can we have a pump or something.

The good news is that the G20 conventions have recognized crypto as a kind of asset, so they are valuable and recognized, investors will be more assured of investing and it will grow even more in time. time to come

This is the second post in this forum that tackles about the counterattack of cryptocurrency against those who are against it. This may sound funny but many crypto enthusiasts are hoping that this news could lit again the fire that is needed by bitcoin to increase again in value. Many groups are expecting for bitcoin to be back at 10k$ to 12k$ by April despite of those fake news that says bitcoin will fall to 2800$ this year. If this good news will spread then the prediction of 10k$ possibly will come true by next month.

I don't believe that this demand has much future. Google, Facebook and Twitter are private companies that can decide what kind of ads they allow and which ones they don't, in fact they could prohibit any type of advertising if they wanted.

There will be no pump untill the majority of the get rich quick noobs have been shaken out, accept that. Dumb money needs to exit first, and then re-enter at way higher levels, and then get shaken off again, that's how this market works. I don't even understand why people keep fussing about the crypto ads, that for +90% were being utilized by schemes and other low level garbage.

Noob sentiment; will Bitcoin survive?
Get rich quick sentiment; can this shit fucking go up already?!
Holder sentiment; I'm already looking forward to 2020 and beyond.

This association can affect. Companies will lift restrictions for tgese countries. Then other will take a similar initiative

Yes, this news can definitely move the market in a positive direction. But this case will go to court in May, which means it can last very long and we will see the results very far in time.  :)
But it is still a good news  :)

i still don't understand why they are even talking about this! suing a bunch of centralized platforms for not allowing certain advertisements on their platform is just silly.
i say it is something like me suing the signature campaign manager because he doesn't accept posts in certain boards of this forum!!!

if you don't like it, then don't use it. "boycott" is invented for these cases. but the problem is, ban of ICO ads is not even a bad thing. everyone can agree to it.

And yeah., anyway we know that crypto is still on its beautiful journey, and not just that news only, maybe there are many other things that will push it towards the more positive side again and move the price higher. We know, sometimes the unconscious things., often to happens in the crypto world also its development among the various countries.

It is interesting to see on what will be the outcome of this. This facebook and google are using their powers to manipulate the market, banning those cryptocurrency ads even cryptocurrency businesses is not illegal in some countries. Yeah i understand that there are lots of scam ICO but cant those platforms refine those ads that is being published in their websites and just block those phishing and scam crowd funding. I want to see how those giants will respond to this.

c'mon boyss, weak hands r chickuns but we still need them in this. Im fine with any kind of market but what is the harm in this? Why always try to look professional, think you hav a cold head?

I think that this attempt will not yield a positive result. But attention to crypto currency will attract.

Some of the crypto ads were used by ICOscams and some shady schemes, some others ads were actually from legit busisness, so there's a bit of a grey in this all matter. First, these big corporations are not allowing cryptos (and new techonologies behind cryptos) get the exposure they need in order to grow. On ther other hand, facebook and google are not obligated to allow the advertising of ICOs /crypto ads and I believe for the most they're just trying to protect their users rather than trying to hurt the cryptosphere. I don't know if this is good news or not, but it'll interesting to see how this whole thing develops and if the outcome will have an effect on the market.

These three private companies are depends on the USA government. But USA is against in Crypto platform because Bitcoin is not a US related cryptocurrency so these kind of regulations are already expected in the market.
But still all the crypto related Ads are telecaste in the Google, Facebook and Twitter. I think is not implement in current scenario.

good news for crypto, hopefully the lawsuit was accepted and good for the world crypto. and google news that will prohibit crypto ads will be canceled.

Those are privately held corps. For their benefit, they can do whatever they want. Free advertising is not guaranteed by constitution :)

you are right about your assumptions, this is how the market is working at the moment.
as long as the market is working like that it will grow at a slow rate and pump dump its way up. but every dump will always have the potential to pop the bubble.

we could chance that cicle, what it we could turn the dump money into smart money instead of just "shaking them out" as you said. we need the infrastructure to welcome the newbies in a simple, intuitive and friendly environment. A evironment where we can teach them how to become smart money.

that might create a positive feedback loop that might let the market grow with a even higher exponential rate.

Hopefully all good news of cryptocurrencies are really true.
In this business, many different news we can view in different sites, but sometimes it is only a form of advertisement, because they really knows that crypto enthusiasts are really interested on the topic which related to crypto business. But let us consider about the good news that tackles about the positive future side of cryptocurrency business most especially bitcoin.

Despite of the ban and regulations imposed by the government in cryptocurrency still, they acknowledge crypto as a valuable coin in our economy. The g20 convention proves that cryptocurrency has a legality to access all over the world.

I think it is a good sign that associations are pro cryptocurrencies and sees that banning is not the only way and step that could let bitcoins and other cryptocurrencies exist. For sure there are plans made for it and for betterment of its use. I just hope that the argument  would not lead to more destruction and banning of cryptos instead more development and investment of institution for further growth and involvement of cryptocurrenciesin economical growth of countries.

New news will occur in the next period for Bitquin and the movement of other currencies and from the perspective of this will significantly affect the current price of Betcuain and other currencies

I can conclude that there is a lot of HOAX news about the development of Bitcoin and digital currencies in general. We should be able to find accurate information accurately. As it happens today is a lot of information that is not clear so as to create price chaos. So do not ever easily believe the news, especially if the news comes from a source that is not clear. Understand that if an information can lead to extraordinary panic, even dumping Bitcoin and Altcoin can happen very drastically.

I think the result of their class action is likely to fail!

The giants of social media, the ban on digital crypto-currency advertising, may be at the top of the us government!

Crypto will not win this case. Those companies have their own policies and they don't promote investment ads from years. We need something bigger than this to have a price pump. Most likely a rally to 20k so people are interested in project again. Something major is definately cooking up and we will know something related to future of Bitcoin soon.

Theres a lot of good news about bitcoin but many people keeps on not believing on it. Bitcoin demand has much future with the help of our support too. If you already didn't believe what bitcoin can do then you will never be improve and not develope on your learning skills. Bitcoin is for the future and that is really the good news that bitcoin brought.

This is just an inane case and I am still trying to watch how it all ends (I think it is obvious how it is going to end anyway). In my own opinion, I do not see anything wrong in what Facebook or Google did since they had their reasons, it is absolutely a genuine attempt to put things right. So what is all the fuss about? ::)

It is just pathetic that these days, every small thing is now attributed to be an attack on cryptocurrency. Please wake me up when you have a better news.

These companies dont want crypto thats for sure. Its how the world works. Banks dont want to accept crypto - governments dont want to make all their transactions transparent for then they would be shamed by general public for all the illegal transactions that occur and the corruption will be in front of their eyes.

*faceplam* Its Bitcoin for heaven's sake and not Bitquin nor Betcuain ??? Damn you shitposters will never learn how to write proper English.


Trust yourself and sell crypto when you want. :D Its not that crypto is the last thing in the world. Its also important to book profits at times. But why do you think they are stealing people's money?

That's not a good news and no there won't be any pump. Their legal action won't get anywhere especially against huge companies like Google and Facebook. I don't why there are people who see that banning ICO ads are bad for crypto when in fact it is very healthy for the ecosystem since ICOs are mostly scams and contribute nothing to the ecosystem.

Bitcoin will hit the 10k within a month.

Lol! What's the good news? I am absolutely not afraid of the prohibition of advertising in Google, Facebook and Twitter. What ends the world of advertising on these monsters? I have no interest in banners on websites. They only annoy me. In order to get acquainted with the project it is better to read reviews and descriptions on special resources. For example, bitcointalk.

good news for earning in bitcoin it will be good current,There will be no pump untill the majority of the get rich quick noobs have been shaken out, accept that. Dumb money needs to exit first and then re-enter at way higher levels, and then get shaken off again,that's how this market works. I don't even understand why people keep fussing about the crypto ads,were being utilized by schemes and other low level garbage...

2800 $ this year is baseless and if it comes true, all crypto will collapse. I strongly believe that crypto is here to stay. If only two aspects are improved- less transaction fee and reduced transfer time, I am sure bitcoins will touch a million mark.

Well, it's definitely true, just look at the price when these things happen like it actually hurt the market. IMO, these banning thing is so fishy for me because for sure they banning it for their personal interest and they're up to something that will just surprise us. So just ride these issues and enjoy.

I also hope in april bitcoin will ride back, I've been saturated with these circumstances.to be honest, my belief in the bitcoin has been lost, if prices rise in april I will sell all my BTC. It's really an investment that pumps the heart  :o

Good to hear this, Im sure more and more people are going to join the cryptocurrency crazed because of this. I think we only need more time before the bitcoin will increases it popularity to much more people.

The news was something to note for. This would only show how much cryptocurrencies mean to people and hopefully this could at least turn back the trust that people once had with cryptocurrencies. They are Giants in the online industry and there names and suggestions could really create an impact as what we have seen in the exchanges. So If such event as a counterattack could be made, maybe that will help boost the morale of the coin holders and investors back.

its just news. nothing good or bad about it if you ask me.
the banning of ICO and crypto related ads on these platforms may have contributed to the recent drop of bitcoin price a little but it was not the cause of it and it certainly was not the whole reason for the big drop. as a result any news that goes against this ban is not a good news because it won't change anything even if all these platforms were to lift the bans today price would have recovered a little just like the drop because of them were a little but the main drop for other reasons were bigger.

G20 announcement that they recognized crypto currency as an asset will boost confidence of investor to  patronize and invest more in crypto coins though the effect may not felt immediately but this can counter negative news and FUD roaming in the web against crypto as a whole.

hold to die

Its true that banning ICO ads on Facebook and google will help to a scam though at first, it would make the industry or the price of the coin in bearish market. But, I still believe that because of this action, there would be a point on time that investor will start to research and investigate their prospect ICO that they will be invest in and i think that would make the whole industry healthy.

These are really good news, hopefully after them to become something good with the market. I hope this is the way to get better and better after May.  :)

This is a clear manipulation. I bet facebook and google have a lot of bitcoins. I think they are one of the few sharks hiding behind their big names thats why they're doing a clear tearing of beliefs for people who are weak and then pulling back their threads when they realized they got what they want

what's with doing that have any effect on the development of crypto?
I still doubt it will be followed up to the green table. but this might be a good way for future crypto development. yes hopefully positive results

this a good news for us specially the bitcoin holder's with have plenty amount in their storage, sorry for the people getting nervous and sell the bitcoin during the price is dip.


 hoping this petition for the google facebook and twitter immediately to resolve as soon as possible and the decision goes to cryptocurrency and I really believe this coming month of april price will be comeback at 12k usd until reach the price prediction for this year.

This is in deed a real good news of this week but unfortunately I don't see this pumping the price of bitcoin or crypto market because there is still 1.5 billion USD worth of BTC which the Mt. Box have to move and will still cause dip in price once they move it.

I'm glad for this great news and it good to see this nations coming together to fight the crypto ads banned and of course we should expect some pump in price. Mind you, my prediction is that the market will start to recover next month.

There are a lot of good news but still bitcoin is not pumping because every now and then we hear a negative news on bitcoins. Unless we are pure positive about bitcoin, we shall not see a bull run. There are many fears among the people regarding crypto and bitcoin's future and this is causing slow movement of bitcoin price surge.

This is possible, since the market has already fallen, many bad news has been from different people. Growth is coming soon, you need to wait.

Whether if this might be true or totally wrong , it'll help increasing the value since it'll be an anti FUD action which will make people think in acquiring some coins in order to collect the promised gains . And gains will be there if the market gets some air and we cross the 10k mark again , which is totally doable .
Bitcoin have had better times for sure but we all have seen it's aptitude to overcome such dips and comeback even stronger each time .
As for myself , the ban of ICO adds is very acceptable for me since i'll be spared of all those shitty coins adds all over my facebook pages and google researches .. I get my daily does of cryptos , FUD and shitty projects here on the forum and i don't really need to interact with this field elsewhere .
But we shouldn't be very enthusiastic about this since such companies know what they are doing and their policies doesn't agree with investment adds promoting and it's their land so they apply whatever rules they want .. sadly the odds are for the companies in this fight .

This news until proven legit or representatives of RACIB, KOVA and LBTC won the case against the banning of ads by the internet giants, hardly going to have any major impact on the price. the main reason of bearish market is the reduced inflow of dollar. Cryptocurrency landscape is finding it hard to attract more investors from other investment assets. This news is indeed anti FUD and if legit can create positive atmosphere among the community and can also help in spreading the word among new investors.

Yes, this news can be a good one and also a bad one based on the positivity and how real the information is. Here in this article, it is also mentioned that there chances that SnapChat and Twitter can also be banned the ICO and other crypto related ads on their website and this is a negative news which can affect the bitcoin price and other altcoin prices. But i will wait till may for the organization to form and then we will see how will they take some positive steps in the favor of Cryptocurrency.

Union of cryptocurrency users is much needed now otherwise we will have to face a big downfall after this crackdown.
Puppet of government and banks are trying to bring cryptos down by creating hurdles in promotion and advertisement of cryptos.

I love when companies that think they own and rule the Internet are prosecuted. They must learn it's as free as the future of crypto

currently from banks and governments that manage bitcoin attacks, and whether unity can be run by bitcoin users or users of crypto money, even if it can raise the price of bitcoin again nothing is wrong for example will make unity.

People like to see news like an ignition spark for pump or dump. Instead, It should be viewed as an additional fuel for maintaining the rhythm, nothing more. The market has its own flow, which is exactly the same every freaking time, just with a different time frame for every part of it (drop or rise). Stupid, ignorant or people who don't know how it works don't get it and that's why it stays the same every freaking time.

I'm not really sure why this is good news for bitcoin. Bitcoin doesn't advertise, but the half-baked ICO token scams do and I'm not exactly against them being banned because all they do is tar the name of crypto. They're mostly all just ponzi-like get rich quick schemes that make the owners and early investors money whilst latecomers are left holding the bag and once that is over they just move on to the next one. Personally I'm getting sick and tired of being spammed by yet another flavor of the month token sale on Youtube and ads following me all around the internet and I hope they start to go away before more naive suckers are fleeced of their money putting yet more people off the entire crypto industry.

Sorry, but what you said has no sense at all.

"Facebook and Google have a lot of bitcoins... hiding behind their big names.....they got what they want."

You say that they are big bag holders and spread FUD, cancel ads etc.

When and which big bag holder behaves like this?

when Crypto is naturally accepted amount G 20 nations why social media giants are banning crypto ads blockchain innovation is future no one can stop the future lets allow freedom of advertising all over internet

You're right and out the social media twitter was only social media than ban crypto ads for a good reason and i think the rest were after what the government wanted.

I think We have to management BTC around the world

so much bad news from the beginning of the year so bitcoin prices are now down, and hopefully the good news can be a bitcoin turning point. pumps for the near future? for what because bitcoin will rise in a few years again without having to pump in the market because bitcoin has more value in the future.

Now a day’s crypto is a most valuable assets for any users. It can’t be pump. Good news is that crypto is leading the currency world. And people earning also with crypto.

This is the basic point for which the bitcoiners want these big advertising companies and platforms to be sued because this is how bitcoin was getting more popular in the world. The people who are using social media applications are more than 2 billion, so banning the ads mean the hurdle has been kept to keep those people away from this technology. If this ban gets removed, that means more attention will be attracted, and ultimately the price of the bitcoin will go higher.

i think it is not very affecting bitcoin price before it happened.
if they sue the banned crypto ads and win, crypto ads may allowed again and that is surely affecting the price of cryptocurrencies.

The good news for now that the crypto currency started to rise again thats why i'm happy to tell to all bitcoiners to take this opportunity right now.

ok

 It is really a great news for the crypto investors. I do believe that they will win for ads in Internet world. This can be another big start for the crypto investors. And for the people dealing with cryptocurrencies.

hopefully with this news bitcoin prices will not go down, with this good news I am sure will boost the price of bitcoin at the level of $10k
we all hope for the best

Shows how easy it is for mass media to influence the btc price, just keep dropping bad news (fake or real) until the price gets destroyed.

The G20 Summit recognized crypto officially and crypto acceptance is growing with mass public support - and this one is a very good step to fight back for our rights of using crypto.

this is good news. Blockchain associations make great action. let's support it by sharing this news on social media, so everyone knows. that blockchain technology is not silent when banned. and not silent when in stop. because this is the technology of the future. I think this is just a giant internet strategy. in order to buy bitcoin at low price.

Oh whales are playing with us. Sometimes this good news are actually a sell signal. Sometimes a true buy signal. What ever signal that news brings. We must be ready.

Well this is great news , i think this would positively affect the price or the demand on the marketplace . Im happy yet excited though , im looking forward to some further good news.

Exactly this is the news that all crypto traders and investors are waiting for the pump of bitcoin value, this is what we have been waiting for. Thats why we should grab the chance to buy now while the value is cheap, the great opportunity for us buy now and dump later:), This mass media has a lot of impact for all bitcoin users and traders, just a bit news bitcoin drops and crashed, i hope this news will pump the bitcoin value again. Just like last year bitcoin is on drop in the 1st quarter

if this really pump bitcoin price, it will be good. Cryptocurrency ads banned because so many scam ICO's.
but i think the falling of crypto market not only because of banned crypto ads. it is affected by the regulations too.

They try to gain advantage for this downtrend , I just keep hold it anyway.

As we know that G-20 said that they need more evidence in order to regulate bitcoin so for now , bitcoin isn't too bad , right ?

It is totally undeniable what cryptocurrencies has to offer in the future.

Whatever happens later, hopefully will be good for the bitcoiners, whether it's a miner, trader or bounty hunters. Because if the media continue to do negative news and there is no resistance then the crypto price is getting worse day.

It might be a good news for bitcoin.As the issue is under court and it will take much more time to solve the issue.on the other hand,if this ban still active,this will really really effect the price of bitcoin and any other crypto.

I feel this is a good move that every country is filing like this, because anyhow the world of cryptocurrency can help the finances of the state and its citizens in seeking its financial income, and I can feel it from this world of cryptocurrency help me a lot in all things and especially in terms of my livelihood

More and more companies and group of institutions is realizing and seeing the relevance of bitcoin in nowadays situation. If people will understand more i believe bitcoin will expand greatly and the investors will have a very good income!

I do not see any difference in price in the long term even if they ban advertisement in social media, it is not against bitcoin but i think it is against new projects which are collecting millions through advertisement in social medias and there were many scams in the past.
I am not getting how this news is getting this much hype, these social media companies are private limited and they can make any kind of rules and they have the ability to say which advertisements are not allowed and so on and that being the case i do not see any verdict against these private giants.

news like this is just a small pump. everyone is waiting for a big boost and this will happen in april and peak in July.

note: I think crypto born from this forum is not from social media, so there is no need to be concerned about the prohibition of advertising there.

this news can make the circumstances suitable for a new pump that`s all in my opinion otherwise this news alone will not have a huge effect on new investors to invest their money.

dont forget that adds make lot of money to those company  i think that they cant ban it for ever  also i think  its the only profitable adds for those company  since  the icos  are most interest in  promoting via their platforms  more than any other company also lot of new project in every week

Lately there has been quite some good news around the world of crypto, but the value is not really rising considerably.

Whatever happens later, hopefully will be good for the bitcoiners, whether it's a miner, trader or bounty hunters. Because if the media continue to do negative news and there is no resistance then the crypto price is getting worse day. Report to moderator

Let us just be hopefully that this petition will prosper. It will have a positive impact on cryptocurrencies which has negative feedbacks from those social media. We will have a big boost if this good news continues.

Perfect news . waiting for this long time. fell of those thats why i didn't panic. hope next time Bitcoin price increase to the sky! Still waiting)

Yes. We need good news. We bored the news that "bitcoin dies, bitcoin losing popularity, bad something bad something..." we miss good news. I hope so this good news rises popularty of bitcoin on the market

hem caused of G20 summit
not fast to doing pump right now, not very good due many bad news in bitcoin
bitcoin to recovery form the fall is bit hard because a lot of issues that force bitcoin
need more time to do that

i dint get why the chinese are into this when they them selves bann crypto yet now sueing because internet companies bann ads ?

If they will win the case on the court then we can really wait for the price of bitcoins to reach $20k dollar or even $50k this year, cryptocurrency is really unstoppable and if japan will also join the fight then there is no doubt that more and more people will join the market of cryptocurrency.

G20 summit has already do their thing. About 2 weeks ago, bitcoin was suddenly pumped from $7500 to $8400 due to the good news coming from G20 and I think we enjoy like 3 days of a rally culminating to $9K before the correction that was followed by panic and now we are hovering on the $7K price.

And for the downtrend, I guess we have no choice but to really hodl and hope that this crisis will be over this coming April and we may see some changes are far as the sentiments of the investors. So let's see how April will turn out and expect some reversal in their a news that will come along the way.

Now is a difficult time for any cryptocurrency. Their popularity will be able to raise only the movement of the market up. Other positive news will be ignored.

One can only wonder, what’s with all the sudden banning in Google and the other social media platforms?! A few assumptions would have been noted.

Positive Assumption:
- Google, Facebook, Twitter, Snapchat imposed or will impose a ban on ICO Ads to protect their image from being stained by the increasing scammed ICO’s. This, if we will think about it, is actually a right that they can use. In other words, they can do whatever they want.

Negative Assumptions:
- Bans are being used as a tool to demand for higher advertisement fees. To be lifted if an agreement favoring these companies have been made.
- These companies are in the process of creating their own ICO and are clearing their platform to eliminate competition.

As good as it may seem that a group is created to counter the collusion, the lawsuit will surely take some time to be completed. The outcome, well, we can only pray that it will be in favor of crypto.

I also think that most of the social media's does not really hate cryptocurrency but they just avoiding to get problems in the future from featuring ico's on their sites to gain more investors because the market is volatile and if they are not really good in analyzing then they will lose a huge amount of profit.

few good news and many bad news in this Q1 year
from the G20 summit we can realize that still many giant country still support bitcoin, they know about the potential in it
ofcourse it still need a time to doing recovery but sure as long many user bitcoin stil use it bitcoin can still remain

Thank you for the information and i share it to my friend doing bitcoin. I think they also have a reason for banned in bitcoin ads, almost ads that I see are all about crypto in any ads that pop up. I think about people still hate bitcoin that's why they want to banned bitcoin ads.

The Malta Gaming Authority (MGA) has announced the use of extended ledger technology and electronic money in the country's online gaming space.

Huobi was officially launched in Korea. The platform in front will support 100 electronic coins and 208 pairs of trades. They have also launched an insurance fund for investors and will immediately compensate for losses if they are not. the fault of investors.

The mayor of Seoul is hoping to deploy its own currency for the capital, setting up a good environment for Blockchain startups

An Ethereal Developer has issued a Ethereum Improvement Proposal (EIP) to the community to decide whether or not to modify ETH's Ethash mining algorithm to maintain the ASIC.

AirAsia Chief Executive Officer Tony Fernandes told the Nikkei Asian Review that the company's regular customer loyalty program will be rewarded with electronic money, called BigCoin. The move is part of an effort to improve the airline's digital service and move the company to a new non-cash system.

The Singapore Media Development Authority (IMDA) has kicked off the Blockchain Challenge to promote Blockchain technology and its application in modern business, according to a press release posted on 29th. / 03 past.

what do you mean? If chinese and korean banned all about cryptocurrency ads in their country, the investor will decreasing. It's absolutely bad news

Private companies have the right to choose which advertisements to ban. I think there is no problem. This is because the company protects users from being deceived by some false projects. I don't know whether this is good news, but look at how the whole thing has developed, and It will be interesting if the results will have an impact on the market.