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Author Topic: Snapchat Confirms It’s Banned ICO Ads  (Read 385 times)
bL4nkcode (OP)
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March 21, 2018, 04:27:22 PM
Last edit: March 21, 2018, 04:55:30 PM by bL4nkcode
Merited by suchmoon (1)
 #1

Previously Facebook banned crypto ads, Google decided to do so in this upcoming June. Now some like fud news circulating that twitter will ban its crypto and related content ads too. And recently like minutes ago Snapchat banned ICO ads in its platform, unlike the said platforms snapchat only banned ICO which is also a good choice. But can somebody tell me if no one cares about this ban?  Cheesy I don't even use snapchat like for real.

Sources:
https://www.coindesk.com/social-media-giant-snap-confirms-its-banned-ico-ads/
https://cheddar.com/videos/snapchat-bans-cryptocurrency-ico-ads/
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March 21, 2018, 04:40:08 PM
 #2

I didn't even realise that snapchat has advertisments for anything? Where can those be found? I found it funny when people were worrying about twitter because it's nothing compared to facebook and google but snapchat is just a joke! This will make next to no difference to the market.

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March 21, 2018, 04:47:27 PM
 #3

people don't worry about this trend where all these social media companies have banned crypto ads , if the governments of the world could not not stop crypto currencies i doubt any of these companies whether singly or combined can even dream of doing this , these new developments further point to the need for crypto currency stakeholders to develop their own apps, media sites , information farms etc, infact they have the best platform to do this .......blockchain.

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March 21, 2018, 04:49:01 PM
 #4

Can't imagine this will make any type of difference lol; anyone who chose to invest in an ICO based on a Snapchat ad was probably interested in the tech for the wrong reason
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March 21, 2018, 04:56:48 PM
 #5

I think this is not a thing investors should care about but people dump on these news... As google and fb ban crypto ads, this news is not surprising.

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March 21, 2018, 05:00:59 PM
 #6

compare with other sites such as facebook or google then certainly snapchat users is more less and i think this banned only have small effect for cryptocurrencies users because snapchat isn't too popular such as the sites i was mentioned about so investors should not too worried about this news
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March 21, 2018, 05:04:51 PM
 #7

Previously Facebook banned crypto ads, Google decided to do so in this upcoming June. Now some like fud news circulating that twitter will ban its crypto and related content ads too. And recently like minutes ago Snapchat banned ICO ads in its platform, unlike the said platforms snapchat only banned ICO which is also a good choice. But can somebody tell me if no one cares about this ban?  Cheesy I don't even use snapchat like for real.

Sources:
https://www.coindesk.com/social-media-giant-snap-confirms-its-banned-ico-ads/
https://cheddar.com/videos/snapchat-bans-cryptocurrency-ico-ads/
Hmm all this is weird all of a sudden all major social media sites have decided to ban to anything related to crypto looks like they are earning enough money nowadays but i'm 100% sure in the future they will not only allow crypto related ads but also accept cryptocurrencies so that users can purchase their stupid filters or whatever they call it that shit

Let's save the above for future  Tongue
ICO aren't good nowadays i have gained only losses from most of my investments made during November it's a good news so that newbies don't end up wasting their money on most of the shit ico.

Snapchat is shit don't even know why people use that shit.  Cheesy

Here's the revenue of major advertising sites https://www.recode.net/2018/3/19/17123674/cryptocurrency-bitcoin-advertising-ban-microsoft-twitter-google-facebook-oath-snap
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March 21, 2018, 05:06:48 PM
 #8

Meh. Snapchat is quite irrelevant anyway. Pretty much all significant platforms has banned cryptocurrency ads already. I don't see advertisement bannings getting worse from here. What could be worse? Bannings of crypto-related search results on Google. I really doubt that would happen though.

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pathapoddo
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March 21, 2018, 05:07:04 PM
 #9

What is this happening. 1st Facebook the great social media has banned the crypto currency ads, then Google also do this . And now Snapchat has also going on this path. What will happen next. I m scared.

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March 21, 2018, 05:09:26 PM
 #10

it's 10 years since Cryptocurrency was born, many bad news, fud, dumping,... but Cryptocurrency still strong and ICOs too. I think people will have new way to finding informations, and the ICO Founder will have new way to advertising thier Coin/Token too as many new community platform/application are coming.
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March 21, 2018, 05:11:01 PM
 #11

Lol what is next, Myspace going to ban ICO ads too? I honestly didn't even know Snapchat carried ICO ads, and to me the target audience is too little. Seems like a waste of trying to do an advertisement, but hey I am not the one advertising ICOs left, right, and center Roll Eyes.

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March 21, 2018, 05:11:47 PM
 #12

Previously Facebook banned crypto ads, Google decided to do so in this upcoming June. Now some like fud news circulating that twitter will ban its crypto and related content ads too. And recently like minutes ago Snapchat banned ICO ads in its platform, unlike the said platforms snapchat only banned ICO which is also a good choice. But can somebody tell me if no one cares about this ban?  Cheesy I don't even use snapchat like for real.

I care, but for different reasons  Grin.
I hope that ICO ads will be banned from any damn website in the future.

Till now I'm still waiting to see a real ICO coin or token that delivers what it has promised as curently I'm seeing a lot of them falling and leaving users with useless tokens.
When I browse the altcoins section for a few minutes I feel the urge for a bottle of vodka as I'm unable to understand why in the name of god would somebody believe those coins would be worth anything or used as the "devs" are promising.

As long as they are not targeting discussion between users or banning the word bitcoin they could do whatever they want. After all, it's their platform they can enforce whatever rules they want.
And quite ironic....

https://bitcointalk.org/index.php?topic=3162509.0
No ICOs[1], banks, funds, or anything else that a person can be said to "invest" in; I may very rarely make exceptions if you convince me that you are ultra legit, but don't count on it. Ads may be rejected for other reasons, and I may remove ads even after they are accepted.

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March 21, 2018, 05:19:30 PM
 #13

It seems all social platform is following the trail of Twitter. I believe it's for security reason.  
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March 21, 2018, 05:24:42 PM
 #14

What could be worse? Bannings of crypto-related search results on Google. I really doubt that would happen though.
On a serious note, that would be taking the fight to the streets if Google does that. As for Snapchat, it barely has enough subscribers to get that ban noticed. But truth be told, ICOs should either be banned or highly regulated all through the platforms. They have become convenient ventures for easy scams..

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Crypdon
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March 21, 2018, 05:28:15 PM
 #15

I'm not surprised, it is like the wild west out there at the moment with people getting scammed left right and centre. As long as top coins like bitcoin and ethereum can continue to be advertised then crypto will continue to push for mainstream adoption.
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March 21, 2018, 05:31:34 PM
 #16

Just read an article about it now. I think now everyone is following footsteps of social media giants like facebook and twitter. But may be they are right. ICOs are very easy way to earn money now. Many people are just scamming. The abuse of the system has led the SEC to conduct a probe into the ICOs.
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March 21, 2018, 05:34:08 PM
 #17

I have not even heard about Snapchat yet. Apparently, soon all social networks will ban advertising ICO, because they are very fraudulent. Perhaps this is even the right step. With swindlers somehow you need to fight. To advertise ICO projects there is this forum and it can not be a fraudulent advertisement of ICO projects. Therefore, the value and prestige of this forum will only increase after such prohibitions.
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March 21, 2018, 05:35:59 PM
 #18

I think that this is a step in the right direction. ICOs are a cancer on the cryptocurrency community. Nothing good comes of them, they exist only to make their creators a quick buck.
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March 21, 2018, 05:37:56 PM
 #19

I'm not very surprised by this news. Once facebook dumped it, the other social media platforms will be quick to follow. Snapchat has been on the downhill since it's last major update. I would have thought that they would be holding onto what ever they could to make money via ads.... but they just keep following in step with everyone else.

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March 21, 2018, 05:38:32 PM
 #20

I don't use snapchat but there will be some effect again with the pricing of bitcoin and I guess it's now on effect from $9,000 it was down by $200 today so this might be the reason for this quick drop.
I think now everyone is following footsteps of social media giants like facebook and twitter.
Twitter hasn't banned ICO/crypto ads yet but yeah everyone is following the leaders in this industry.

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