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Author Topic: why the facebook, google are banning cryptocurrency?  (Read 1237 times)
Rossy Akbar
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May 20, 2018, 04:24:26 AM
 #141

No idea what actually the reason for them both to banned bitcoin, but as I know that facebook has mad their own coins, so probably they're idea for banning bitcoin is just to promote their own coin tho. Well, is good if they can prove that their coins was good also.
ocid
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May 20, 2018, 05:19:59 AM
 #142

No idea what actually the reason for them both to banned bitcoin, but as I know that facebook has mad their own coins, so probably they're idea for banning bitcoin is just to promote their own coin tho. Well, is good if they can prove that their coins was good also.
It could happen, Facebook may plan to launch its own type of coin. because not to be outdone by bitcoin that can grow so fast its users, so it can be very valuable even has become familiar to big investors.
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May 20, 2018, 01:38:52 PM
 #143

No idea what actually the reason for them both to banned bitcoin, but as I know that facebook has mad their own coins, so probably they're idea for banning bitcoin is just to promote their own coin tho. Well, is good if they can prove that their coins was good also.
It could happen, Facebook may plan to launch its own type of coin. because not to be outdone by bitcoin that can grow so fast its users, so it can be very valuable even has become familiar to big investors.

It's already planned mate then you can check the Google team move about blockchain they have already started planning to make their own private blockchain. I think we do not need to discuss about them more.
There is no use to talk then they would not gonna help the bitcoins. Crypto currency is really helpful to world economy but government and corporates do not help btc else it will grow more mate.

AjithBtc
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May 20, 2018, 02:17:53 PM
 #144

With the name of cryptocurrency more and more scams were getting promoted through Facebook and other social media sites. This will surely degrade their business as well the trust from the users. To avoid such issues, they have come up with plans if banning ads that promote scams and not the legitimate business.

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May 20, 2018, 03:30:15 PM
 #145

No idea what actually the reason for them both to banned bitcoin, but as I know that facebook has mad their own coins, so probably they're idea for banning bitcoin is just to promote their own coin tho. Well, is good if they can prove that their coins was good also.

I think they don’t wanted to make a promotion without any assurance and this is the main reason for the stop of crypto currencies from google.

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TTITA
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May 20, 2018, 09:22:30 PM
 #146

No idea what actually the reason for them both to banned bitcoin, but as I know that facebook has mad their own coins, so probably they're idea for banning bitcoin is just to promote their own coin tho. Well, is good if they can prove that their coins was good also.

I think they don’t wanted to make a promotion without any assurance and this is the main reason for the stop of crypto currencies from google.
They want to reduce the marketing circulation of ico for scam activities, in fact this is certainly a good thing, but in reality not all ico is a scam, so the steps taken certainly harm crypto unilaterally.
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May 20, 2018, 10:19:00 PM
Last edit: May 22, 2018, 04:55:07 PM by Qartersa
 #147

No idea what actually the reason for them both to banned bitcoin, but as I know that facebook has mad their own coins, so probably they're idea for banning bitcoin is just to promote their own coin tho. Well, is good if they can prove that their coins was good also.

I think they don’t wanted to make a promotion without any assurance and this is the main reason for the stop of crypto currencies from google.
They want to reduce the marketing circulation of ico for scam activities, in fact this is certainly a good thing, but in reality not all ico is a scam, so the steps taken certainly harm crypto unilaterally.

But 90% of them are and it has been tricking people into believing it is real because so many people get blinded by the fact that it can make someone instantly rich if they invest into cryptocurrencies. ICOs are pretty much fucked up and being used by scammers to scam people with. Actually it has now became the new ponzi scheme based from what I've been seeing.
icohunter1024
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May 21, 2018, 10:36:58 AM
 #148

Google and Facebook banned Bitcoin and ICO-related ads in an attempt to prevent cryptocurrency programs from cheating investors.
Taki
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May 21, 2018, 12:04:02 PM
 #149

I think they have their official announcement why do they ban crypto ads. But my opinion is just they wish to prevent possible cheating of new investors who join an ICOs project after seeing its commercial on web.
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May 21, 2018, 04:09:30 PM
 #150

prevent from kind of scamming Things and if one day they got linked to such cyber crimes , they can say We have nothing to do with that. safety Belt first!  Cool
investorck
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May 21, 2018, 06:08:15 PM
 #151

They call it unregulated financial solution. We call it decentralization. Whether they ban it or not, cryptocurrency is taking over.
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May 21, 2018, 09:26:08 PM
 #152

They call it unregulated financial solution. We call it decentralization. Whether they ban it or not, cryptocurrency is taking over.
If some one not create a New Type of Bitcoin or Something same also;)
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May 25, 2018, 05:45:56 PM
 #153

I think it will take a little time and these two giants will positively look at the crypto currency. I'm sure that the same Facebook will release its own crypto currency or a platform based on the blockhain.

blockchainwriters
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May 26, 2018, 01:47:33 AM
 #154

Sec regulations made facebook and google to ban cryptocurrency ads and ico ads it wont affect the price and amount of new investors coming into market many are aware of market conditions
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May 26, 2018, 02:49:43 AM
 #155

There are lots of fraud in the world. It is wonderful to regulate them.I speculate that the reason for regulating cryptocurrency comes from fear.Probably they do not want to disturb growth areas.
What is afraid is that the nation and the power person say that they supported them.As they are not regulated.
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May 29, 2018, 10:50:59 PM
 #156

I do not see them really want it but have to do it, I can still see cryptocurrency ads on google and Facebook for now ( it might will get terminated soon) .  even facebook says it's desperate to develop blockchain technology. Facebook took this prohibition step to prevent irresponsible people from spreading their financial products and services whose credibility is questionable, too many fraudulent cases started from social media ads such as Facebook , thats why they ban t to protect users. they also say "That We do not have a crystal ball to know where the future will go with cryptocurrency, but we've seen enough potential consumer or potential consumer hazards so that it is an area we want to approach very carefully. "

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May 29, 2018, 11:48:19 PM
 #157

Google and Facebook banned Bitcoin and ICO-related ads in an attempt to prevent cryptocurrency programs from cheating investors.
Facebook can I use to conduct ICO campaigns.
and all is well, do not be a problem. it's a small issue and just part of one's plan to spread panic and negative issues.
keep thinking positive.

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May 30, 2018, 03:12:51 PM
 #158

Google and Facebook banned Bitcoin and ICO-related ads in an attempt to prevent cryptocurrency programs from cheating investors.
Facebook can I use to conduct ICO campaigns.
and all is well, do not be a problem. it's a small issue and just part of one's plan to spread panic and negative issues.
keep thinking positive.

Banning of cryptocurrency in facebook and google is not true and is pure speculation of some people trying to destruct the images of bitcoin who want to buy bitcoin in very low price.
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May 30, 2018, 07:39:42 PM
 #159

Bitcoin continues to be pounded by negative news. Unconfirmed reports about Twitter following the footsteps of Facebook and Google in banning cryptocurrency ads pushed Bitcoin’s price below $8,000 on March 18.
I think because many are using cryptocurency as a mask to commit fraud. Previously anonymous developers have launched this "Ponzicoin" fraud as it impacts cryptocurruncey that continues to grow and is often associated with misleading or deceptive promotional practices.
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May 31, 2018, 06:41:59 AM
 #160

The reason is because their companies were being used by the advantage takers who are scammers. And this is why they are trying to ban crypto paid ads, they are not literally banning the whole concept of cryptocurrency but they want to ban the paid ICO ads because of these scams.
Twitter ban is just a rumor and there's no update yet about it.One day, I know those big companies will finally use this kind of technology and who knows they might create their own token so for me don't panic about this news.
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