Bitcoin Forum

The move from these teo trusted sites is to protect those that are new to cryptoworld that are vulnerable to online scams using crypto to get money from innocent people. This is actually good for everyone. Not all people see the goodness in this act by facebook and google. If this gets implemented, people will only buy bitcoin in legit sellers and websites which means many people will now trust that they will not be scammed. The only reason why some people didnt invest earlier was because of fear of being scammed. If google and facebook will remove this vulnerablility then this will enhance the value of cryptocurrency and might bring the price back up.

Being a ban in facebook and google about cryptocurrency,for me is have a big positive  impact in the world of cryptocurrency because for me in this implementation would affect those fake ICO or phishing site to not penetrate or  done there own evil ways to deceptive or scamming the  asset of those who make  a right  bussiness in this community or the legit ICO,and also to protect the image of this  bitcoin  community forum,to still clean  from all negative thoughts and spamming.

I hope with the ban of facebook and google this can overcome or eliminate projects that scam. especially now many emerging bounty and airdrop new scam. I believe this can reduce this cheating.

What is the reason behind the ban? In order to prevent scam ICOs. The only thing that I think has the positive effect in banning of google and Facebook in cryptocurrency is that, scam ICOs cannot easily fool a lot of people.

Everything on what happening fot banning advertisement cryptocurrency or bitcoin specially on social media like google and facebook was have a positive feedback just was to eliminate those exploitative person that using facebook or google for not good purpose and for scamming website specially if the value was goes rise again.

That is what they say but I have this weird conspiracy feeling that the governments are the one that made them stop, because they were promoting cryptos and the government isn't happy with that. I don't why my paranoid bells are going off right now, but I will agree the net effect of this all will be positive.

The only good effect is that it will give an opportunity for new social medias and advertisement networks gain importance in the market, while Google and Facebook will lose audience. People won't left Crypto-Currency aside because Facebook and Google, but the opposite might happen.

Even Facebook and Google banned bit coin related ads you can still see bitcoim news in their
They just making the security tight so that it can avoid the money laundering and sue the scammers using bitcoim as front and bait of their evil doings those hyip fake icos must stop

I totally agree. I've seen a lot of people complain about this situation on Facebook. I think it's because of all the new projects that have come up with aggressive marketing campaigns. Many people became addicted.

The ban from Facebook and Google has a positive impact, with this ban we hope to handle fraudulent projects so that Bitcoin users will be spared the risk of fraud, as we all know that lately a lot of ICO is a fraud. With this ban I think the scam project is not easy to cheat and also reduces cheating.

I do not see any positive side baned from facebook and google. Hopefully they will work with us one day.

The ban will indeed have a positive impact on Bitcoin and other cryptocurrencies. As has been pointed out, the ban mainly is against the ICOs and other shady type of investments, which often end up losing investors money and thus leaving a bad impression.

Bitcoin and most legitimate alts are not in the habit of directly advertising their coins anyway, and you can still promote them using Facebook and other social media so ireally don't see hwo this will be negative except for the brief short-term FUD the headlines about it are causing..

Facebook's share price has plummeted because of leaked user information.

This will lead many users to use other social software for their privacy!

Ico's advertising can also be put on other social software!

This will require the new ICO to apply bounty to get investors. And with this it is easy to indicate a legit or scam ICO where investors can track the development of ICO bounty, how the opinions and comments of bounty participants.

i think sense of security from investor should be guarded. its the right step from google and facebook so there is no investor exposed cryptos trap.

i think we should not blame google and facebook only, it depends solely on the readers themselves, jumping into bitcoin without further research or they are lack of knowledge if an ad is fake or not. but this idea is somehow points us towards a safer site to invest. if ads are being scanned and thoroughly filtered by facebook, to know if an a is legit or not, then we are seeing a good relationship between crypto and social media that we all know plays a greater part for bitcoin to grow.

Without scammer in the world of cryptocurrency most likely the price of cryptocurrency especially bitcoi will soar in this year, bear in mind bitcoin price start high in 2013. Scammers are important factors that can change the price movement of cryptocurrency. Price reductions can be happened by scammers spread FUD and are consumed by cryptocurrency investors, facebook, google and twitter even the country is the reason they banned cryptocurrency is effect from a scammer. Hopefuly with the ban decided by facebook, google and twitter will reduce the scammer to the world of cryptocurrency so that the public can receive and use cryptocurrency well.

The reason facebook prohibits advertising circles related to cryptocurrency because the content of those advertisements is related to deceptive and misleading promotional practices, and prevents irresponsible people from spreading fake financial products and services. And the positive impact will prevent fake ICO.

Yeah that was the main reason for the ban, and we'll it should have decreased the ways scam ICOs advertise themselves. This probably won't have too much of direct affect on the market, there was and still probably is a FUD surrounding it.

But if they are that gullible ... Then won't they get scared to invest in cryptos .. and then won't even buy ever ?

Because .. the right knowledge about cryptocurrencies is not being spread... I don't think that it will really have a positive effect on the mindset of those who tried to get involved.

Well, that is also a probable cause behind that implementation regarding on ban cryptocurrency ads and there positive effect and negative effect on this issue. Positive effect could be result to a legit ICO were coming to the market whicj a lot of bounty hunters are happy on this strategy and negative effect are decreasing of shares between social media which reduces also the promotion which can be affect by production to down rate.

Not too often we hear of Facebook doing something for our benefit. Positive news.

I think the bans from Google and other social networks will increase the community's attention to cryptocurrency, which is a good sign for this market. Facebook has now lifted the ban and that is a right thing for Facebook.

I also hoping for that. Its because of freely posting in social medias just like in facebook, google, twitter and youtube about bitcoin some posting are fakes and it can be a scam. Even though there are still a informatuve post in social medias but for me the positive effect of ban is to limit the scams that can cause a trouble to the crypto world. I believe even if it that banning in social media, happened there is always a reasona and purposed behind it.

I am very supportive of facebook and google. They are trying to do something good for the user. I hope the fraudulent projects will not exist anymore. A healthy environment on the internet

Although some positive effect like protecting people from high risk and lost exists in facebook and google, much more negative effect in it. It maybe a great opportunity for people to grasp the future trend if facebook and google doesn't ban it.

I do not see any positive side banned from facebook and google. And it creates opportunities for social networks and new ad networks that are of importance in the market. I think everyone will do not give up on cryptocurrency because of facebook and google.

I think there are still a lot of cryptocurrency ads are still circulating on both platforms and in my opinion it's just a conspiracy to make the price of falling bitcoin because it would be a lot of panic.

Yeah that's the problem with social media these days. Every monkey with a computer can go and post junk on the internet, and we don't know who's lying and who's honest anymore. Social media sites are trying to deal with this by using their "smart" algos, but in the end it's the users who lose out because their feeds become echo chambers.

It is a good move to ban these adverts because it will make it more difficult for scammers. Now they actually have to go out and register a domain name with an address. So if we get scammed we know where to find them...

Positive impact seen till now from Facebook and google ban more people know about cryptocurrency as advance easy payment process but I heard Facebook planning to issues its own coin with new blockchain support Facebook . is that correct ? 

For me it's good to ban google and facebook because of the plagues of fake ICOs and phishing sites. As a result, the scam will be less reducing and plundering money. Without scammers you can be more calm and do not need to worry. but should be careful

The positive thing about banned crypto ads on Facebook and Google is that money owners do not carelessly make scam projects, as we know that many ICOs and Exchanges advertise on Facebook and Google, making crypto's reputation worse.

Neither Google nor Facebook can affect on crypto market quite significantly. The current bearish trend is caused by the lack of new liquidity i.e. neither professional traders not amatuers did not want to buy bitcoin at 15000$-20000$. Of course, some part of traders bought at 15000$-20000$ but it was not enough to move bitcoin to new highs.
My opinion, by banning crypto content Google and Facebook lose some part of internet activity which will be transfered to another internet services and portals.
By the way, as far as I know Facebook has already softened his policy about crypto advertisement and I am sure that it is the right decision.

The price of bitcoin does not depend on Facebook or Google. The price is completely controlled by a certain circle of persons. If facebook and Google officially accept bitcoin - just more people become involved in cryptomir, and "security" - is illusory here.

Ban made by facebook was a temporary thing. Because facebook reversed it decision in banning crypto ads. But, with a condition, they need to ask permission and pay the corresponding amount. This move by FB is a profitable move.

Its pretty obvious that Facebook has over reacted about this whole crypto ads banning that's why they have to reversed it. And they have been under heavy scrutiny as well and they just loses $120 billions after a "not so good" Q2. So they need to make necessary changes as to not spooked their investors that's why they lift the ban. Its very welcoming though, but I hope that people are not gullible to fall for scammers in facebook community. Just used your common sense and I'm sure that you will be fine.

when the regulation is banned with the aim of security and kindness I will agree to that, there are indeed many cases of fraud and project scam on behalf of crypto, of course it will be a negative impact when crypto is getting public space for the community, we should be more careful and this information hopefully more useful and useful for all of us

The reason why most of the social media's are banning cryptocurrency ads is because there are ico's who are scamming their own participants and this social media's did not want to get involve in those scandals.

Understanding the main positive effect would be from the fact that they have put on the ban on cryptocurrency but after some time passed they just removed it so people would think that they counted cryptocurrency as trusted and worthy.