Google prohibits advertising Bitcoin. What will happen to Bitcoin?

[Destroyeroff98]

The largest search engine on the planet, Google, announced formally it will restrict advertisement of “Cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice),” including aggregators and affiliates regarding “cryptocurrencies and related content.”
The article itself completely: news.bitcoin.com/following-facebook-google-bans-crypto-ads-no-currencies-icos-exchanges-wallets-advice/

What do you think will happen to Bitcoin and his price?

[jhean_arcane]

The price will dip a for a time because of the FUD brought about by the banning of google. However, ICO scamming will be minimized and more number of investors will become encourages to invest in bitcoin. Therefore, increasing in value.

[MyLitecoin]

This is exactly the kind of FUD, coupled with that Singaporean exchange FUD, that pushes the price lower... Ugh why do they do this?

But Okay, I read the article, and your post is misleading. Your post is more FUD than the article LOL.

Google is not banning Crypto ads.

Here's what's happening:

In JUNE 2018, Google will ban crypto ads from companies / ICOs that are not certified by the various legal standards of the countries involved + Google's own internal review.

What does that mean? They're trying to cut down on the scams. Crypto ads include crypto gurus and lots of weird financial advice from crypto experts who aren't certified. Google is trying to cover its legal ass by requiring certification because more mainstream people are getting scammed via Google Ads.

This is actually good news! It means crypto is becoming so big that Google is taking notice and more people are being affected.

I believe this change is good. Now we'll have cleaner crypto ads, and less people will be scammed via Google Ads. This way crypto can have a better reputation, overall as there will only be legit crypto ads starting in June!

[cryptohunter]

nothing... nobody gives a shit who is worth more than 50 bucks

everyone heard of crypto now and real investors will have started researching for themselves.

not hard to find this forum really anyway

[djsugar]

It is because of the large number of fake ICOs and scammers that google decided to ban all the cryptocurrency ads. It did take a hit on the market as the price of btc and other coins fell by almost 8% today.
But, the ban is only for those coins which aren't certified by legal standards. So, the market will recover back eventually.
In future, we can expect better quality of crypto ads and might actually work in favor of the market.

[liseff3]

Perhaps some will lose information about bitcoin and some may consider it, bitcoin has ceased from circulation, so this will aggravate the bitcoin growth process and it is likely that users especially bitcoin users will do the same, that is leaving google "simultaneously" and migrate to other operas or browsers.

[BlockchainGod]

I think the fame of bitcoin won't drop because of this, but it's bad news and so it will negatively affect the price. Perhaps it is because of this news now falls bitcoin.

[tabas]

What do you think will happen to Bitcoin and his price?

We've seen on the effect to the bitcoin price and it started to plummet. It's now $8,000 and I don't know on how many waves we will be seeing before it goes up again. Every bad news is giving bitcoin a small correction and I hope this will end up after this 1st quarter. This quarter hasn't been nice to all of us except the buyers.

[Destroyeroff98]

But, the ban is only for those coins which aren't certified by legal standards. So, the market will recover back eventually.

This ban applies to all cryptocurrencies, including legally certified. Therefore, this ban can affect the fate of Bitcoin.

[ice18]

This fuds will not destroy the popularity and power of cryptocurrencies weak hands are panicking right now converting into fiats lol Im sure market will recover in a right time no matter how dip it will go same scenarios form the past years just hodl your bitcoin because whales are on the move accumulating huge profits.

[Hillthy]

After facebook banned advertising ico, bitcoin, eth ... google continue to follow. I think this will affect the oscillation of bitcoin. Bitcoin will no longer fluctuate high and high in the coming time. Because that will affect the bitcoin promotion to the community who uses it.

[Destroyeroff98]

After facebook banned advertising ico, bitcoin, eth ... google continue to follow.

The main thing is that in the future the other popular sites will not continue to prohibit advertising of cryptocurrencies...

[Sudhik]

This just influence Crypto for some time, crypto will be drop after this news, but that will be back norma again, but should be patien for waiting.
I will give you small sample :
an coin have price because ads? No! that's because investors behind, Although no ads about cryptocurrency, that can't make cryptocurrency die or no have price!
And should you know first, some big company like facebook and google banned Cryptocurrency ads, that because so many scam ICO, They don't want if their company used for offers fake ICO or crime activity behind ICO project.
So don't worry if some big company banned bitcoin.

[blackrockcrypto]

because of this bitcoin fell, now 8,100, or even less, probably already, the point is that it's very insulting that it turned out that Google includes a lot of stupid information that badly affects people, but for some reason bitcoin did not please them, not fair((

[zakcooper40]

The largest search engine on the planet, Google, announced formally it will restrict advertisement of “Cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice),” including aggregators and affiliates regarding “cryptocurrencies and related content.”
The article itself completely: news.bitcoin.com/following-facebook-google-bans-crypto-ads-no-currencies-icos-exchanges-wallets-advice/

What do you think will happen to Bitcoin and his price?

I think that is a good idea of google. At present there are many phishing sites that can forge reputable websites and run ads to scam people's money.

[snekinmyleg]

The price will dip a for a time because of the FUD brought about by the banning of google. However, ICO scamming will be minimized and more number of investors will become encourages to invest in bitcoin. Therefore, increasing in value.

I have the same thoughts with you . If those sites fake are no longer available. bitcoin and altcoin, ICO would be clean

[Vannie12]

I think banning cryptocurrencies anywhere like countries and websites are sometimes a good sign of improvement. The fact that they are concern and giving attention to such technology that may have a large impact to many must be reviewed first and i think that's whats happening today. Though this may be an FUD, I do hope that people see this in a different perspective and not just a reason to leave. Everything will come to their quality in the near future and everything could be strongly trusted by that time.

[avikz]

The largest search engine on the planet, Google, announced formally it will restrict advertisement of “Cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice),” including aggregators and affiliates regarding “cryptocurrencies and related content.”
The article itself completely: news.bitcoin.com/following-facebook-google-bans-crypto-ads-no-currencies-icos-exchanges-wallets-advice/

What do you think will happen to Bitcoin and his price?

There should not be much effect on price but we may see some effects on the incoming traffic to the crypto related business. Because majority of the crypto advertising campaigns are done through Google advertising platform and if it is suddenly stopped, we will see an impact on new traffic. But I don't see any reason for price decrease just because of this reason. Goggle is just trying to stay out of the controversy I believe. Because If they really cared about its consumers, they should have banned ponzi and porn campaigns first instead of banning crypto advertising. 

[Snaic]

In general, I am positive about this prohibition on the part of google. Such a ban will greatly clean the Internet of fraudulent ads and will help build confidence in the crypto currency. Lately, there have been so many cases of fraud that something had to be done. In any case, after June we'll see how such a ban on ICO project announcements will affect both the ICO rating and the credibility of the crypto currency in general.

[lite]

Title here is misleading "Google prohibits advertising Bitcoin. What will happen to Bitcoin?"
They're prohibiting cryptocurrencies and related content ads, i think it doesn't affect bitcoin much, as bitcoin is already famous. ICO might be get hit big time and it's a good thing, there will be lesser or no scam ICOs. anyways decentralized advertising network already exists.