Google prohibits advertising Bitcoin. What will happen to Bitcoin?

[XFlowZion]

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.

I agree with you.
I would say it's good that fraudulent ICOs will not be able to spread as much as it is now.

We should think of the bright side always. A lot of these scams damage good and legit crypto project so now that it's filtered, we can see the real progress going.

[magisterr]

I don't think the Google's prohibition on  crypto-currencies and ICO advertising will have a strong influence on bitcoin and altcoins.
Their price has already fallen on this news. On the other hand, bounty hunters will earn much more, because the money invested in advertising will now go to them.

How can you say so mate? Google is the largest search engine in use now and not all but most of the people trusts google. If they would think that google sees cryptocurrencies as threats and scams and as a illegal activity, its worse than just an FUD that would spread very quick. Of course it would have an effect because media sources are the source of trust and interest. If people won't trust this technology then it will lose popularity and demand.

Price fallen, because people cant thinking. And very easy manimulate them! Read carefully! Google, twitter, facebook - prohibit only PAID ADVERSITING! This would be better for crypto. Will be less scam projects. But groups in twitter, facebook live and will be live as usually. Sites will be live as well, and google want not block search keywords!

But there are new cryptocurrencies, worthy of attention. Namely this ban gives them less method of advertising.

less - not mean nothing. They just can buy adversiting directly on sites, and still can lead a groups in social media (twitter, facebook etc).

[JillClarissa]

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?

Yes, Google now bans ads related to cryptocurrency and ico. This has had an impact on the price of bitcoin in a short period of time, causing the price of bitcoin to fall. But for a long time, it won't have much impact on bitcoin.

[globe-biz]

nothing will happen to the price if that company does not allow advertising, their advertising is not even good and corrupt overcharging for peoples clicks, it does not give results who cares.
google is not important who uses that anyways

[friends1980]

Google is just another corporation, so only speculators care about what Google does.

[weertgilders]

Nobody knows what will happen with bitcoin after the ban. A lot of people have been scammed using these Ads and they are just trying to protect their users. If it does affect bitcoin though, it won't be for long.

[Destroyeroff98]

Nobody knows what will happen with bitcoin after the ban. A lot of people have been scammed using these Ads and they are just trying to protect their users. If it does affect bitcoin though, it won't be for long.

The fraud was not at the expense of Bitcoin, but at the expense of other cryptocurrencies.

[cipherhut]

The ban has been taken back by the Google but they strengthen their norms around the cryptocurrency to procure the better quality result for crypto ads and other Bitcoin transacting purpose as well.