Twitter and Google joining war against crypto

[Raielley]

I don't really think we we would call this a war against crypto.
In my opinion it's only some sort of regulations which imposed by US government and it certainly won't be the last interference.

[sergeykravcov177]

I do not think that this news is positive because the ban on advertising is a small influx of new people into the world of crypto currency and a smaller purchase of bitcoin ie. its low price

[nikaPetro]

The news is certainly not very good,a large influx now go to the forum,maybe it will be for the best.And twiter this is to be expected in the Wake of Google,Facebook.

[TKarollah]

ICO scam = disappears
Quality ICO = Increased
This is not a war statement to crypto but protects the investors from ICO scams, making convenience and security a task to be done. maybe some campaign settings will be so tight.

[mayasari]

Well it looks like more great news for all of us (rolls eyes)...

In a new, unconfirmed report, Twitter will ban all crypto related ads in 2 weeks. This coming on the wake of Facebook banning crypto related ads.

Read more here: https://www.coindesk.com/twitter-will-ban-cryptocurrency-ads-in-two-weeks-says-report/

Also, it appears in June of this year that Google will change it's policy regarding financial services ads, and that means a ban on crypto related ads. This is going to absolutely tear the market to shreds even more than it is now. What a shame.

I hope all this shit will eventually be reversed because if this is a sign of things to come, we might end up with the blockchain, but without new cryptocurrencies/ICOs. I hate all the scams going around but some of these moves are over the top. This type of thing by Google may be too much for this infant industry to handle. This really sucks.

You can just Google this topic to find many sources, but here is a good write up to get you started:
https://medium.com/@Michael_Spencer/google-will-ban-crypto-ads-and-it-will-kill-icos-as-we-know-them-e0cb714f8d45

And the direct article from cointelegraph:
https://cointelegraph.com/news/google-to-ban-all-crypto-related-ads-starting-june-2018

So yeah, this could be a pretty rough entire year for crypto...not with a bull run in site. I, like many of you, wish for nothing but a turn around and optimistic future for the crypto space. I am not trying to spread fud, or create panic, I am only trying to make people aware of the news.

Possibly benefits of these bans:

- Reduction of scammy ICOs
- Reduction of paid phishing scam site ads on Google
- Increase in bounty pay for social media sites
- increase in quality crypto related content, products and services

I do not understand what is happening lately with cryptocurency and bitcoin, with the continuous forged oblique issues. I hope this is not the end of the cryptocurency and bitcoin, because I have a lot of investment.

[jyotianand01]

This is not a war against crypto but it is good for investors who want to invest with real projects and working teams as fake companies washed out in this war. Regulations are always in favor of people and not against them.

[tyuner4]

This is not a war against crypto but it is good for investors who want to invest with real projects and working teams as fake companies washed out in this war. Regulations are always in favor of people and not against them.

I agreed with your view. Facebook, Twitter and Google are attacked the phishing and scam websites. I don’t think it is directed at crypto currencies. In the long run, it is good for crypto with lesser scams around.

[ranchi]

Google is very strick with there policy and they don't care about publisher especially, even if you are giving service to google for 10-20 year  then also they don't spare you. Crypto are coming in between there success and they treat crypto as gambling.

Did you know that there is one search engine that work on block chain.

[Gabteb]

i dont think this will take long afther some time they will  cancel ban i am sure this is will not stop crypto its unstopable ,facebook,google and twitter will see how much money lost for this time.

[bering]

basically google and facebook want protect people from scam ICO or fake ICO but for those who running good ICO project and trustable i think they should not worried about these ban because people will choose them and they will still get plenty of investors

[epidose]

Possibly benefits of these bans:

- Reduction of scammy ICOs
- Reduction of paid phishing scam site ads on Google
- Increase in bounty pay for social media sites
- increase in quality crypto related content, products and services

I've got a question here, as I keep seeing similar threads related to the doom and gloom on this news. I may be the minority, but I think it's a good thing to add some regulation, albeit a strong regulation to start. The benefits you listed are not only 'possible', but certainly probably. You noted that this is really a technology and investment type still in its infancy stage. It's therefore very important to add some structure to this and protect the newcomers from the 'vultures' that are trying to scam people.

Now, Devil's advocate is of course that most people who may be scammed, are likely being scammed because they aren't doing their research and simply trying to make a quick buck. However, I'd argue that those of us here for the long run, and whom are actually interested in blockchain technology as a whole, and the benefits it can provide, are only going to be hampered by being getting burned - even if they 'have it coming'.

My question here, is what do you think the possible detriments of the blocking of ads? Did you enjoy having your Facebook/Twitter being swarmed with New ICOs ads that are a dime a dozen? Did anyone ever actually click on these that was really interested in the tech? Honestly, this type of ad, to me, is simply malicious phishing and I think the industry as a whole will benefit from tighter regulations.

Bounties will find themselves in a similar position, you'll have way less shill accounts spreading the word, but those that do continue to spread the word, will be people with merit or weight in the community. Keep in mind that there is no ban against individual users Tweeting out support for specific ICOs.

just my 2 cents

[swiftcoder]

This is very nice,as soon as these giants banned all the cryptocurrencies ads the stakes in their social media platform would be bigger because the only way that these ICOs will be promoted is thru bounty hunters it only means hunters should be paid very well so that they will get promoted in the social media platform very well..

That's an interesting take

[worldooftanks]

What everyone wants to kill critobulus and see it as a danger when she replaced the traditional forms payment need to be measured and accept it,just like everything else we accept in this world.

[JJhansen]

Big companies that primarily rely on ads are afraid that cryptos can end up being a Frankenstein monster that they can never control. Also scam ICO's  are partly to be blamed for this mess. 

[Rejinx]

I think this is due not to the fact that twitter and google do not like crypto currency, but only with the fact that at the moment there are a lot of rogue ICO

[axiline]

This is not a war. This is a fight against fraud, now there are a lot of projects of scammers who want to raise money using only advertising.

[suvo05]

Stopping the ICO ads will not harm the blockchain technology at-all. Bitcoin and cryptocurrencies are now a hot topic around the world, (thanks FB and Twitter for that). But only a couple of year back it was almost unknown to maximum people. Now blockchain is very much self-dependent. It does not need FB or Twitter anymore.
Hope that we will find a good decentralized blockchain based competitors of those social media sites soon. 

[COINISM0001]

I think they're doing the right thing. People are raising big sums with useless coins. This is driving the investors nuts and they're loosing money.

So this should be controlled.

Well it looks like more great news for all of us (rolls eyes)...

In a new, unconfirmed report, Twitter will ban all crypto related ads in 2 weeks. This coming on the wake of Facebook banning crypto related ads.

Read more here: https://www.coindesk.com/twitter-will-ban-cryptocurrency-ads-in-two-weeks-says-report/

Also, it appears in June of this year that Google will change it's policy regarding financial services ads, and that means a ban on crypto related ads. This is going to absolutely tear the market to shreds even more than it is now. What a shame.

I hope all this shit will eventually be reversed because if this is a sign of things to come, we might end up with the blockchain, but without new cryptocurrencies/ICOs. I hate all the scams going around but some of these moves are over the top. This type of thing by Google may be too much for this infant industry to handle. This really sucks.

You can just Google this topic to find many sources, but here is a good write up to get you started:
https://medium.com/@Michael_Spencer/google-will-ban-crypto-ads-and-it-will-kill-icos-as-we-know-them-e0cb714f8d45

And the direct article from cointelegraph:
https://cointelegraph.com/news/google-to-ban-all-crypto-related-ads-starting-june-2018

So yeah, this could be a pretty rough entire year for crypto...not with a bull run in site. I, like many of you, wish for nothing but a turn around and optimistic future for the crypto space. I am not trying to spread fud, or create panic, I am only trying to make people aware of the news.

Possibly benefits of these bans:

- Reduction of scammy ICOs
- Reduction of paid phishing scam site ads on Google
- Increase in bounty pay for social media sites
- increase in quality crypto related content, products and services

[trudovik]

Now, indeed, many countries including USA start a huge fight with the crypto-currency world. I think that now many projects feel this on themselves, but we do not just break it. I think that the crypto-currencies will develop in spite of all prohibitions.

[pawanjain]

Stopping the ICO ads will not harm the blockchain technology at-all. Bitcoin and cryptocurrencies are now a hot topic around the world, (thanks FB and Twitter for that). But only a couple of year back it was almost unknown to maximum people. Now blockchain is very much self-dependent. It does not need FB or Twitter anymore.
Hope that we will find a good decentralized blockchain based competitors of those social media sites soon.  

Exactly my point ! I don't know why some people around here think banning cryptocurrencies related ads will completely disrupt the crypto market. No it won't do any harm to the crypto market. There is a reason why these companies are banning crypto ads on their websites and I do believe they are doing the right thing. There are so many scam projects getting created just so that they can scam others and take their money. It is to stop these projects. The good ones will surely make their way in some way or the other.