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Author Topic: Why are people doing so many things to frustrate crytocurrency  (Read 734 times)
Bellator
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March 26, 2018, 11:29:52 PM
 #81

I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate crytocurrency?
People did things to frustrate the world of cryptocurrency because they wanted to frustrate its users too.We bitcoiners wanted to help anyone most especially newbies not to believe its current situation where FUDS were everywhere and wanted to manipulate the downfall of price that cause people to panic.I can call it as price manipulation because when people panic they dump their coins instead of holding it inorder to cut their losses.The crypto community wanted to make bitcoin to stay in its standing as the strongest digital currency but if we are weak in the sense that if we hear anything negative about bitcoin we easily believe then we are not worth of having bitcoin in our lives.

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March 26, 2018, 11:38:25 PM
 #82

I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate crytocurrency?
People did things to frustrate the world of cryptocurrency because they wanted to frustrate its users too.We bitcoiners wanted to help anyone most especially newbies not to believe its current situation where FUDS were everywhere and wanted to manipulate the downfall of price that cause people to panic.I can call it as price manipulation because when people panic they dump their coins instead of holding it inorder to cut their losses.The crypto community wanted to make bitcoin to stay in its standing as the strongest digital currency but if we are weak in the sense that if we hear anything negative about bitcoin we easily believe then we are not worth of having bitcoin in our lives.
It only frustrates those who are still not completely believes in crypto, but to those who already risk their savings in it and plans to do long term investment on it will surely not give  a damn on everything that's happening , just let it flow.

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March 27, 2018, 01:08:43 AM
 #83

They could go easy with cryptocurrency but seems like ICO marketers are consistently violating much of their policy by spreading overpositive banners with falsify information which sometimes isnt different than a fishy popup ads, as for twitter it is noticable there are how many rumors spread around , fake account, negative entity which lies around, these company would have some level of responsibility whicch they are now trying to avoid, its not about the tecnology of crypto but the people are trying to use them making money

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March 27, 2018, 03:31:23 AM
 #84

they consider the crypto is going to be a great competitor. Thus began some time ago many ads about crypto start prohibited on facebook, twitter, and Google. This just gives a great impact on the price but for the future of crypto, himself seems not determined by it.



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March 27, 2018, 03:45:00 AM
 #85

they consider the crypto is going to be a great competitor. Thus began some time ago many ads about crypto start prohibited on facebook, twitter, and Google. This just gives a great impact on the price but for the future of crypto, himself seems not determined by it.

They are scared because of the potential and success of the crypto currencies. gaining popularity regardless of being banned with the social media.
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March 27, 2018, 04:34:11 AM
 #86

The Google, Facebook and Twitter banning are because a lot of ICO that scammed investors, nothing to do to upset crypto currencies, they afraid they are being accused for cooperate with fraud ICO to scammed people that is why they want to stop advertising the ico and crypto product


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March 27, 2018, 05:05:24 AM
 #87

I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate crytocurrency?
I think they do not mean to frustrate crypto, in article it's been said they ban the crypto ads because most likely is a scam investment, try to look on the other side, chances are it's because many ICO projects are not really running the project and just carrying off investors' money.

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March 27, 2018, 06:33:33 AM
 #88

I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate crytocurrency?
Maybe, they really not to destroy or frustrate other people with crypto. Maybe they are just not well informed about it. And they just wanted to warn the people for possibly they think there are lots of scam investments.
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March 27, 2018, 06:42:30 AM
 #89

From my own point of view it seems crytocurrency reference to blockchain technology and decentralization is a major threat to their existence there are so many corporations adopting decentralized operations and there is tendency that cryptos will be frustrated by those organisations.
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March 27, 2018, 06:45:05 AM
 #90

It is a natural force of the market - for example the iCO bans are to prevent money scams - trhere are people who are uninformed and they are losing a lot of money on these scammers. Little things like this can't shake the validity of digital currency in general however...
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March 27, 2018, 07:54:22 AM
 #91

I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate crytocurrency?


Their reasons might be valid in banning somecrypto ads. Google, Facebook and Twitter just want to protect their users from possible scams from crypto and ICO related ads. The google ban is for any kind of ads related to cryptocurrencies and related contents will no longer be allowed in Google's AdWords platform. But some argued that there may be a bigger issue at play and not just the reason of protecting their consumers or users. Whatever the outcome of this restrictions, i'm hoping that it would not affect cryptocurrencies in the future.
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March 27, 2018, 08:10:16 AM
 #92

I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate crytocurrency?
I think they do not mean to frustrate crypto, in article it's been said they ban the crypto ads because most likely is a scam investment, try to look on the other side, chances are it's because many ICO projects are not really running the project and just carrying off investors' money.


That is correct, although this things makes it a nice decisions that i also delighted the implementation of what has done when google, facebook and twitter declaring a total banned for cryptocurrency promotion and advertising which it brings a guarantee ICO in a cryptomarket making a scam ICO be automatically screen up direct because only legit ICO can afford for advertising project.
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March 27, 2018, 08:31:21 AM
 #93

Apparently there are still too many newbies being baited by these small ads on the sites you mentioned. This is also to ensure that scam sites wouldn't flourish and that people wouldn't have any word from such even if it also affects the legitimate ones. If there's anything I could make out of this move by these sites, it is to help crypto in general to mature and to lessen that amount of people investing their money at the wrong place and giving the owner of these scam services/sites their money easily. Admit it, the crypto world is plagued by wannabes trying to make some money by creating these ponzi schemes/sites. Ponzi schemes outweigh legitimate services' appearance on the ads Google and others are showing to their site so this is probably a good move that has positive long-term effects.
yes, I agree with you that now with the very popular bitcoin, of course there will be from some parties who want to benefit from the popularity of bitcoin by creating a ponzi scheme by delivering some negative news as well as an intimidation. I do not think we should be overemphasized by some news that conveys negative things about bitcoin. as a bitcoin user, the best thing to do is stay focused in the future to do all the things aimed at the improvement bitcoin will get. because if viewed logically I do not think there is a negative impact owned by bitcoin there are only a few parties who just want to profit from the existence of bitcoin owned.

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March 27, 2018, 01:19:49 PM
 #94

There are so many countries in the world that do not accept ceyptocurrencies against it Fiat money.and many countries also ban the cryptocurrency for their own country ! Social media is also front here by people .so all of us are following their governments .I think Google is not going to be banned by all the crypto related ads! And everyone will get the profit from here and in essense , efforts to be heated to ban crypto are always in its form can get.
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March 27, 2018, 01:40:43 PM
 #95

Despite the restrictions, Twitter CEO’s is a bitcoin believer: Jack Dorsey recently told the Sunday Times that bitcoin will eventually be more important than the dollar and will become the internet’s single global currency within 10 years. In some ways, bitcoin and Twitter face similar challenges—they have a lot of promise if they can figure out how to restrain the bad actors.
(Source: https://qz.com/1237664/twitter-is-joining-facebook-and-google-in-banning-ads-for-icos/ )
After reading something like this and then this news of twitter also becoming a part of the race, it makes me wonder on the plight of all the bitcoiners!!

Twitter has been known as one of the most famous forum for the crypto ads and spreading the awareness regarding the same. Undoubtedly many crytpo scams also have been known to be reported here but twitter has been one of the most popular space for spreading BTC awareness.

Social-media platforms are keeping cryptos away as regulators cast an increasingly wary eye on the sector globally. - I came across this statement @ https://www.bloomberg.com/news/articles/2018-03-26/twitter-joins-facebook-google-in-banning-crypto-coin-sale-ads  . Probably it is one of the major reasons for every social media platform to become the part of this race!  Roll Eyes
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March 27, 2018, 01:58:41 PM
 #96

There are so many countries in the world that do not accept ceyptocurrencies against it Fiat money.and many countries also ban the cryptocurrency for their own country ! Social media is also front here by people .so all of us are following their governments .I think Google is not going to be banned by all the crypto related ads! And everyone will get the profit from here and in essense , efforts to be heated to ban crypto are always in its form can get.
Its normal how many times we heard about crypto bans but its not been totally all crypto banned. Maybe for some other reason they banned it for good by means of protecting the users of sharing phishing links or to scam other people using social networking sites.

 
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March 27, 2018, 02:16:34 PM
 #97

Surely many market players who do not want their markets broken because of cryptocurrency. Many things that some people do to reduce cryptocurrency, from the issue does not match reality and many other things. Of course it does not damage them mentally because in this forum we can know why cryptocurrency goes down.
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March 27, 2018, 02:25:36 PM
 #98

probably because the price of crypto fell drastically and thought that crypto is a scam. when crypto prices rise to the moon, in fact there is no bad news about crypto. they are all worried about it.

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Semaj123
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March 27, 2018, 02:55:30 PM
 #99

I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate crytocurrency?
I dont know what are their own reasons why they ban bitcoin and other crypto currency ads in facebook and other social media. Maybe there are only specific countries that do these because they dont support the idea or they are against bitcoin.

It is maybe because those people who got scammed by some fake ICOs reported it to those site who was mentioned by the OP. And I think these sites just wanted to protect their reputations because they don't want to be the reason why people are being victim by a scam. There are still possible reasons why they wanted to bann ICO and this is the reason why crypto continue to decline its value.
S4roZa
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March 27, 2018, 03:56:19 PM
 #100

Yes for me the beginner is sometimes in doubt with the existence of ads or sites that prohibit the use of cryptocurrency, but I've read from articles of seniors using bitcoin very promising even many successful.
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