GOOGLE to ban cryptocurrency ads (biggest breaking news) btc 5000

[vladimir21]

This is the biggest news we ever had, its bigger then china/south korea bans etc. Which leads me to believe that bitcoin can easily fall below 6000.

[vladimir21]

dont forget that youtube works for google, its gonna happen to youtube too

[Adioliver]

This is the biggest news we ever had, its biggest then china/south korea bans etc. Which leads me to believe that bitcoin can easily fall below 6000.

Yes it's a really sad news.I wonder why would Google take such a step.Maybe because many people lose their money by investing into scam ICOs.Lately I have seen many cryptocurrencies add and to be honest even though I have interest in cryptocurrencies too much add is disturbing and irritating.And majority of the people who don't know about cryptocurrencies fall for greed and lose their hard earned money.

dont forget that youtube works for google, its gonna happen to youtube too

Yeah that's true,let's just keep our fingers crossed.

[rajkr]

Yes google has decided to ban the ICO advertisement , the policy will come into effect from JUNE 2018 . The same ban was also announced by Facebook earlier. But i don't think it will be so much rigid.they will come up with the modified  policy in which they will relax their ban upto a limit. and they will only ban fake ICO advertisement and fake account opened for only ICO promortions. overall it will have limited impact can be seen on BTC value.

[Goodday]

it is worth it with the news from google make btc down to the price of 6000USD
  hopefully this is only temporary and the return of btc price stability

[Alpha0One1]

The bear market is not yet over with these type of news coming out.
Anyway, it's just a cycle. If you've heeded the first rule of crypto, Invest only what you can afford to lose, then this should not worry you at all.

[vladimir21]

This is the biggest news we ever had, its biggest then china/south korea bans etc. Which leads me to believe that bitcoin can easily fall below 6000.

Yes it's a really sad news.I wonder why would Google take such a step.Maybe because many people lose their money by investing into scam ICOs.Lately I have seen many cryptocurrencies add and to be honest even though I have interest in cryptocurrencies too much add is disturbing and irritating.And majority of the people who don't know about cryptocurrencies fall for greed and lose their hard earned money.

dont forget that youtube works for google, its gonna happen to youtube too

Yeah that's true,let's just keep our fingers crossed.

Yes i hate ico's most if not all ico's are scams besides bitcoin, only thing those ico's do is take the value away from bitcoin. Ico's are also responsible for majority of bad news in cryptocurrency.

This news is incredibly big first facebook then twitter now google and i believe youtube is next. There is also a reason biggest stock companies recently predicted bitcoin buy- back at around 6k

[Thanasis]

This is the biggest news we ever had, its bigger then china/south korea bans etc. Which leads me to believe that bitcoin can easily fall below 6000.

This is to prevent their company reputation from promoting the scammy ICO's because lots of ICOs are turned into scams after the ICO period so many investors are losing their money everyday,so google maybe want the people to be safe from them.
Yeah I can see the price is falling harder and it already touches $8000,don't know what will happen if this creates FUD among the bitcoin holders.

[dillpicklechips]

So, where's the reference link? I can search for myself tho but you should add it in the OP.

Let's hope that BTC would not fall too much. I think they are just banning advertisements of ICOs or some sort of it while they retain the trusted ones especially those in BTC and not some other altcoins.

[warning_btc]

I think its not happened, goodla also make money from ads.
Or we dont understanding the news, how its will be usually

[jrrsparkles]

So, where's the reference link? I can search for myself tho but you should add it in the OP.

Let's hope that BTC would not fall too much. I think they are just banning advertisements of ICOs or some sort of it while they retain the trusted ones especially those in BTC and not some other altcoins.

Providing the Links helps the people to understand what is the condition or it will leads to lots of rumors,already there is another thread created regarding the same issue but in that it says google also in the decision making time about crypto currency ads in google platfoem,but it may take too long to hppen in my opinion.

[Ozero]

However, I think that people will continue to be interested in the crypto currency and the implementation of new ICO projects with the aim of investing. This will lead to the fact that the significance of this forum will only increase. So there is no thin without good. This forum will be quite famous.

[Khaconk]

I think bitcoin will actually touch the price of $ 6000 for some reason bad news lately. I will buy back if bitcoin touches the price of $ 6000 I believe bitcoin has a future

[kiver]

This is the biggest news we ever had, its bigger then china/south korea bans etc. Which leads me to believe that bitcoin can easily fall below 6000.

I heard about that in my local news but i thought  it was some fud (as we all know that social media is corporating
With governments to attack crypto currencies) but  its truley sad to hear that i hope Google will rethink the Decision and maybe put some rules to make ads about crypto not ban entiraly

[shaheer001]

Google decision is totally unfair as due to some fake or fraud ICo or accounts not represent the whole family of crypto currencies. it is totally wrong decision made by Google network. Hope soon they will realize it.

[CherRic]

This is the biggest news we ever had, its bigger then china/south korea bans etc. Which leads me to believe that bitcoin can easily fall below 6000.

This step of google will make the cryptocurency a small world for them. Its gonna be a tight battle between countries, digital world and the people. We all know that google has a big audience or subscribers. Not only youtube will be affected but also blogging sites because most of them are controlled by google. Google ads also has the biggest audience over the internet. This is really a sad news.

[Kakmakr]

This is not really BREAKING news worthy. These sites have a corporate responsibility to protect their users from fraudulent activities and everyone know that some ICO projects have a reputation for being scams.

We also know that these companies are working closely with the US governments. They have to adhere to the rules and law provided by the government. This decision is definately not the end of SCO projects or Crypto currencies. ^lol^

[hugeblack]

the real news is "that it plans to change its advertising policy for certain financial services, including cryptocurrencies, starting in June."[1]
and have the right to do so because the ads are used by scammers over the promotion of cryptocurrancy.

Which leads me to believe that bitcoin can easily fall below 6000.

No, Because:

• we are in 2018 and not 2010 Bitcoin doesn’t need to be advertised.
• This ban/advertising policy affects new and unnecessary currencies originally. The market does not need more than 10 cryptocurrancy and not 1500.
• Facebook has banned ads before and has not had much impact.

Source:https://www.nytimes.com/2018/03/14/technology/google-bitcoin-advertising.html

[DomainTorrent]

Google probably has seen the deceptive and misleading crypto promotional ads that have proliferated all over the place. It might just be a precautionary step to be made by Google in order to protect the populace from delving into a world that's filled with businesses aimed at vacuuming the pockets of the mostly mediocre people. However, this step could be one contributing factor in bringing down the bitcoin's price. Once bitcoin's price goes down, other cryptocurrencies likewise go down. It's a domino effect as usual. Yet, it won't be permanent. It is likely to bounce again sooner or later.