Google Plans To Ban Bitcoin Ads But Bitcoin's Still Unshaken

[gabinsight]

Google announced a few days ago that they will ban all Cryptocurrency related ads in the next few months. This news actually affected the price of Bitcoins, Ethereum and some other Cryptos as prices fell down a little. Even with all this negative developments I still have great faith in Bitcoins growth because Bitcoin's price is still increasing gradually as you read this post. Bitcoin always finds a way out 👍

[12tribes]

The kind of support from the media has largely been to ruffle the crypto market and destabilise it. However, the more the media and the banks and all those that wish the crypto market evil, the more the market gets stronger. Only crypto community can truly undermine the crypto prices

[avikz]

It is good to see that you are still holding to your faith on bitcoin while there is a panic selling activity observed in the market. Basically two news is currently ruining the market big time. One is MtGox trustee selling 700 millions worth of bitcoins in the open market and the second one about Google banning crypto currency advertising.

We all need to understand that these are temporary phase. Once these are gone, the market will be up again especially when Germany announced their positive stand on crypto currency. A lot of good news are just around the corner. 2018 will be the year of adoption. So my suggestion is to buy while the price is cheap and wait for some more months. You will be amazed by the return you will get.

[imgoinforbitcoin]

There will always be news like this and people will always try to bring down bitcoin but I know that this will pass and bitcoin will recover nicely then we will see our run into another bull market. I like news like this because it helps to weed out people who aren't ready to be in the market so they panic sell and leave the market to recover stronger with people who understand it.

[nick_nick]

Google announced a few days ago that they will ban all Cryptocurrency related ads in the next few months. This news actually affected the price of Bitcoins, Ethereum and some other Cryptos as prices fell down a little. Even with all this negative developments I still have great faith in Bitcoins growth because Bitcoin's price is still increasing gradually as you read this post. Bitcoin always finds a way out 👍

I am very happy your still positive of the fact that bitcoin is still unshakeable. We cannot ignore the fact that bitcoin is experiencing challenges recently and that have adversely affected the price. Ban by certain economies, unfavourable google announcement and sale of 700m worth of bitcoin by MtGox is really causing Bitcoin but hope is rising of better times

[YuginKadoya]

Google announced a few days ago that they will ban all Cryptocurrency related ads in the next few months. This news actually affected the price of Bitcoins, Ethereum and some other Cryptos as prices fell down a little. Even with all this negative developments I still have great faith in Bitcoins growth because Bitcoin's price is still increasing gradually as you read this post. Bitcoin always finds a way out 👍

I am very happy your still positive of the fact that bitcoin is still unshakeable. We cannot ignore the fact that bitcoin is experiencing challenges recently and that have adversely affected the price. Ban by certain economies, unfavourable google announcement and sale of 700m worth of bitcoin by MtGox is really causing Bitcoin but hope is rising of better times

I really think the google banning on ads was not affecting the price of bitcoin that much, I am saying this because I really think even if google would ban advertising with Cryptocurrency there are still other sites that will keep on spreading and earning with ads related to Cryptocurrency, And I really think the drop on the price of bitcoin was due to manipulation of most whales that really want to buy cheaper coins for themselves.

[CryptosapienZA]

I think the ban is to help newbies not to be scammed. i think its a good thing

[nitrousteam]

There will always be news like this and people will always try to bring down bitcoin but I know that this will pass and bitcoin will recover nicely then we will see our run into another bull market. I like news like this because it helps to weed out people who aren't ready to be in the market so they panic sell and leave the market to recover stronger with people who understand it.

People tend to hate something which cannot be controlled, in his case the major companies are hating the Bitcoin because it is stealing the possible profit that they could get if the people invested in their firm's stocks. Google is the major company that is very influential and they can determine the faith of some smaller companies if they forbid them the advertising on their search.
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Bitcoin is not a small company but the decentralized currency and cryptomarket have become too big for this little incident caused by few greedy managers to shake it.

[cold cool]

There are too many bad news about BTC every day, maybe this news will not affect the price of BTC, so the price will not fluctuate too much.

[maurobiasolo]

Another boring (and quite useless news) that is used to manipulate BTC prices. First, I 've never seen ads related to BTC, ETH and the likes. Most of the times, Google ads are used to give some visibility to scam ICOs but it's quite marginal.

[LFC_Bitcoin]

It is good to see that you are still holding to your faith on bitcoin while there is a panic selling activity observed in the market. Basically two news is currently ruining the market big time. One is MtGox trustee selling 700 millions worth of bitcoins in the open market and the second one about Google banning crypto currency advertising.

We all need to understand that these are temporary phase. Once these are gone, the market will be up again especially when Germany announced their positive stand on crypto currency. A lot of good news are just around the corner. 2018 will be the year of adoption. So my suggestion is to buy while the price is cheap and wait for some more months. You will be amazed by the return you will get.

Nice post, Smerit coming your way. I never understand people selling into a dump. If you didn’t sell whilst the USD worth for 1 bitcoin was in the ‘teen thousands’ then why the hell are you selling now.

The crash is temporary & the price will recover as it always does & be on its way back up before too long.

Have a pair of balls & HODL through seemingly tough times.

Peace  

[Red-Apple]

This news actually affected the price of Bitcoins, Ethereum and some other Cryptos as prices fell down a little.

it wasn't the news alone and it certainly is not the cause of the drops in altcoins. the altcoins are getting dumped only because bitcoin started dropping and also because they are pump and dumps anyways.

Even with all this negative developments

it is not that negative either
it is just Google, a centralized company, which decided they don't want to allow crypto ads on their platform. this may even be because of thousands of scams that has been happening through these ads such as ICO scams.

I still have great faith in Bitcoins growth because Bitcoin's price is still increasing gradually as you read this post. Bitcoin always finds a way out 👍

that is true. and specially in the long term.

[chidrawarster]

These kind of news in the market always brings some momentum either to the upside or downside.We should keep our patience intact and ensure we are not in panic.These situations will come and go, but the impact doesnt remain for longer time and the market will bounce back smoothly after the effect is gone.Hence, keep buying at cheaper prices whenever opportunity is there and reap profits in the long run.

[royalbittinz]

This kind news create more awareness for bitcoin  and the crypto world. When large media house mentioned bitcoin, there is always chain reaction thereby making bitcoin more popular in the world.