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Author Topic: Instagram Banned Bitcoin  (Read 681 times)
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October 29, 2023, 10:33:15 AM
 #101

Without a doubt, banning something has become such an old trick, right? When there is a ban or restriction, there is a shock wave that goes through the market, but let's be honest: the core community is still strong. The core of crypto, especially Bitcoin, is built on being strong and flexible. These bans are only short-term problems. The neighbourhood? Very strong. As we can see from past, the crypto community has been through a lot of bad things.

The never-ending cycle of bans and returns is now easy to guess. At first, theres a drop and maybe a little fear. But what happens next? Get better. Because people in the community know that crypto has worth and potential on its own. There have been many times when Bitcoin has shown its strength and shown doubters to be wrong. Today is a ban? A possible U-turn tomorrow. We can only wait and see what happens, but what about the community? We plan to stay here for a long time.
Restricting something is the oldest trick in the book to raise a wave of complaints and possibly the easiest solution to acting like you've accomplished something. However, I doubt that anyone would even bother with Instagram; it's supposedly for photos, not to promote sophisticated investment strategies or cryptocurrencies; its users aren't the right audience. It is, however, filled with so-called influencers with pyramid schemes that no one seems to put a stop to, and they are a plague on social media, scamming unsuspecting people who're trying to figure out a way to make extra money.

With that being said, there's no doubt that such a restriction would cause zero damage to cryptocurrencies whatsoever. I highly doubt that the Meta ban actually had any effect either.

 
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October 29, 2023, 11:14:10 AM
 #102

There are many different social media platforms that can be used to promote Bitcoin. Facebook, Twitter, Reddit, TikTok, and others related to it are still there. In fact, all social media platforms can be used by exploitative people or scammers.
Most of the advertisements I see about bitcoin on social media, I believe, are doing so for their own personal interest. Most of them are scammers looking for someone to scam, some of them claim to be signal providers, and some are looking for referrals. When you believe every advertisement you see about bitcoin on social media and decide to follow what they say, you are likely to be scammed at the end because they are doing the advertisement for a purpose.

Maybe when the price of Bitcoin rallies in the market, Instagram will withdraw its ban on Bitcoin.
I can't really remember when last I used Instagram, and I don't know anything about the ban that the OP is talking about. This is my first time hearing about the ban, I don't know how true it is, but I know the ban will just be temporary, just give it a few months, and I am sure the ban will be lifted. Actually, I don't really know why they decided to ban bitcoin, because it's not only Instagram that's used to advertise bitcoin. Even though we know that most people doing the advert are doing it for a purpose, other social media's are also used for bitcoin advertisements, but they didn't ban bitcoin.

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October 29, 2023, 11:33:53 AM
 #103

This is shocking news for the Bitcoin banned by Instagram. From its platform, the conversation about Bitcoin and Bitcoin was hidden by Instagram. Until now, Instagram has not given an official statement about this, but there are several users who have started to be affected. Why do you think it is? Is it because Libra and Diem that the project failed or was it ordered by SC or the revenge of the Winklevos brothers who are rich from Bitcoin. Instagram is clearly a platform that does not support freedom of speech and only displays content according to the algorithm they want. What do you think guys ?

Instagram does not have a significant impact on the development of bitcoin so whether it is banned or not is not a problem. Even when Bitcoin was banned by Instagram, it didn't have any influence on the price of Bitcoin. Besides, most people know about Bitcoin from the news or other media, Instagram only plays a small role in Bitcoin promotion so it doesn't matter at all.

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October 29, 2023, 11:57:02 AM
 #104

There are many different social media platforms that can be used to promote Bitcoin. Facebook, Twitter, Reddit, TikTok, and others related to it are still there. In fact, all social media platforms can be used by exploitative people or scammers.
Most of the advertisements I see about bitcoin on social media, I believe, are doing so for their own personal interest. Most of them are scammers looking for someone to scam, some of them claim to be signal providers, and some are looking for referrals. When you believe every advertisement you see about bitcoin on social media and decide to follow what they say, you are likely to be scammed at the end because they are doing the advertisement for a purpose.

If according to what you say, it is right for the social network Instagram to ban bitcoin? Because you said you only see bitcoin related scam content on there. I remember that it was social networks that brought bitcoin to me and I believe that many others are like me. I do not deny that there are many scammers on social networks, but they do not cover all of those social networks, there is still a lot of useful knowledge or sharing on those platforms. Our job is to curate followers and information to learn from.

Maybe when the price of Bitcoin rallies in the market, Instagram will withdraw its ban on Bitcoin.
I can't really remember when last I used Instagram, and I don't know anything about the ban that the OP is talking about. This is my first time hearing about the ban, I don't know how true it is, but I know the ban will just be temporary, just give it a few months, and I am sure the ban will be lifted. Actually, I don't really know why they decided to ban bitcoin, because it's not only Instagram that's used to advertise bitcoin. Even though we know that most people doing the advert are doing it for a purpose, other social media's are also used for bitcoin advertisements, but they didn't ban bitcoin.

Banning bitcoin will only bring damage to Instagram itself and bitcoin will not have any negative effects because bitcoin has never needed any centralized platform.

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October 29, 2023, 12:22:58 PM
 #105

This is shocking news for the Bitcoin banned by Instagram. From its platform, the conversation about Bitcoin and Bitcoin was hidden by Instagram. Until now, Instagram has not given an official statement about this, but there are several users who have started to be affected. Why do you think it is? Is it because Libra and Diem that the project failed or was it ordered by SC or the revenge of the Winklevos brothers who are rich from Bitcoin. Instagram is clearly a platform that does not support freedom of speech and only displays content according to the algorithm they want. What do you think guys ?

Instagram does not have a significant impact on the development of bitcoin so whether it is banned or not is not a problem. Even when Bitcoin was banned by Instagram, it didn't have any influence on the price of Bitcoin. Besides, most people know about Bitcoin from the news or other media, Instagram only plays a small role in Bitcoin promotion so it doesn't matter at all.

This news might have negative and positive impact to acknowledgement to Bitcoin as people might think if it's bad or be curious enough to explore what is Bitcoin. But it's true that even Instagram banned Bitcoin into their platform, it wouldn't change Bitcoin's potential, but it might have affect into people's perspective into Bitcoin by simply knowing the news about Instagram banning Bitcoin. But I think if it's twitter banned Bitcoin, it might have affect a lot of users that are relying from the platform by using Bitcoin's promotion. Cause for me that's the platform that most of the people use here in my country for crypto related topics.

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October 29, 2023, 02:38:14 PM
 #106

This is shocking news for the Bitcoin banned by Instagram. From its platform, the conversation about Bitcoin and Bitcoin was hidden by Instagram. Until now, Instagram has not given an official statement about this, but there are several users who have started to be affected. Why do you think it is? Is it because Libra and Diem that the project failed or was it ordered by SC or the revenge of the Winklevos brothers who are rich from Bitcoin. Instagram is clearly a platform that does not support freedom of speech and only displays content according to the algorithm they want. What do you think guys ?

Instagram does not have a significant impact on the development of bitcoin so whether it is banned or not is not a problem. Even when Bitcoin was banned by Instagram, it didn't have any influence on the price of Bitcoin. Besides, most people know about Bitcoin from the news or other media, Instagram only plays a small role in Bitcoin promotion so it doesn't matter at all.

This news might have negative and positive impact to acknowledgement to Bitcoin as people might think if it's bad or be curious enough to explore what is Bitcoin. But it's true that even Instagram banned Bitcoin into their platform, it wouldn't change Bitcoin's potential, but it might have affect into people's perspective into Bitcoin by simply knowing the news about Instagram banning Bitcoin. But I think if it's twitter banned Bitcoin, it might have affect a lot of users that are relying from the platform by using Bitcoin's promotion. Cause for me that's the platform that most of the people use here in my country for crypto related topics.

Do you see any negative impact from this news on bitcoin?  there won't be any negative impact on bitcoin with this type of junk news.  I seem to see this as the only topic being discussed about this news, I don't see any social media platforms discussing this issue or anyone interested in it. 
Even big news like a major power like China banning bitcoin doesn't stop people from investing in it, so what is Instagram?  nothing, it's just garbage for bitcoin.  you're overestimating a centralized social network like Instagram. By the way, do you have an account there?

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October 30, 2023, 06:50:27 AM
 #107

I don't see any effect this will have on bitcoin, bitcoin doesn't need any support from these social networks.
Yes, you are right that the ban on Instagram did not have any impact on Bitcoin and did not present any hurdle to Bitcoin. Bitcoin is a brand for itself; it does not need any social media to accept it or not, but because of its excellent qualities, everyone is getting to see it prominently, and in fact, Bitcoin has shown its skills. Which everyone knows. It can reach the value of one bitcoin by collecting the income from all the social media platforms. It is not possible that this social media platform will create its own value by creating competence in itself, like Bitcoin. In fact, there is no justification behind the activities of these people, but they are jealous of Bitcoin by making lame excuses.

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Bitcoin is trending in the world and those who ban it are only harming themselves.
By banning Bitcoin, Instagram has put itself at a disadvantage. There are many users on Instagram who take or accept bitcoin as payment for businesses like brand buying, product selling, etc. So if this is seen, I think now all these users will dislike Instagram because their businesses may be affected by banning Bitcoin.

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