Snapchat Confirms It’s Banned ICO Ads

[mc.craigsvictor]

Its time to banned ico adds all the popular social media  . few days ago at first start it Facebook then google then twitter and now snap chat its really common situation for all the platform. i think behind the main reason to stop fake ico that's why all the media do that.

[1713421214]

1713421214

[Jlimao28]

What happens with them? Is it a conspiracy between the biggest social media sites? I think that everyone of them has plan why they banned cryptocurrency right now. I think that aside from they don't like ICOs scam to exist, they want also to eliminate other ICO that will become a hindrance to their business.

[Kingigolo]

Let them all take swipes at the cryptocurrency markets. At the end if the day they'll join the bandwagon, they know what's coming, that's why they are doing all this from Microsoft to Google to what not: CRYPTO IS HERE AND ISN'T GOING ANYWHERE!!!!

[peter0425]

Let them all take swipes at the cryptocurrency markets. At the end if the day they'll join the bandwagon, they know what's coming, that's why they are doing all this from Microsoft to Google to what not: CRYPTO IS HERE AND ISN'T GOING ANYWHERE!!!!

For me this is a good moved to ban ICO because its really bring bad light to crypto in general. But banning doesn't equate total stoppage because we all really know that crypto is unstoppable as you have pointed out. At the long run, this ban will just be another setbacks that we have overcome. We have proven that we have this sort of staying power.

The truth is that is just part of our growing pains, it will sting a little in the beginning, but eventually everyone who really wants to invest in crypto or ICO's will always find its way to the ecosystem. No matter how many social media sites ban ICO ads.

[bjmpoker001]

Sadly it is because there are many scam ICO's out there, the ICO's ads got banned.
This have a good things too, it filters the scam ICO's out of the social media.

[faatipoke]

I can not blame Snapchat and other platforms banning ICO ads. I also can not blame Chinese or Koreans bannng ICOs or trading. We all know that most ICOs are scam and we have to behave against scammers as cryptocurrency enthusiasts. These scammers scares most people and this makes Bitcoin is still considered as a bad thing. There has to be some regulations controlling scam projects.

[stompix]

What happens with them? Is it a conspiracy between the biggest social media sites? I think that everyone of them has plan why they banned cryptocurrency right now. I think that aside from they don't like ICOs scam to exist, they want also to eliminate other ICO that will become a hindrance to their business.

Yeah , it's a conspiracy....
You know who the mastermind is ?

It's this guy> https://bitcointalk.org/index.php?action=profile;u=35
He was the first one to ban ICO ads on a social platform, the exact platform where you hang out right now.

The truth is that is just part of our growing pains, it will sting a little in the beginning, but eventually everyone who really wants to invest in crypto or ICO's will always find its way to the ecosystem. No matter how many social media sites ban ICO ads.

Yeah, they will but at least it will stop a lot of people that were going to be deceived by ICOs wanting to put vegetables into the blockchain like Prodeum did. The only one that are going to invest are the ones that are going to really do a research and not just click an ad and that's it, bullet proof way of losing all your money.

As I've said it before a hundred times (or maybe less) in those ICO topics, is there an ICO that has actually delivered it's RL product?

[Crypto Girl]

It doesn't really matters to me since i never using that social media site. Even if the other sites banned the ads related to cryptos, the cryptoworld will still survive and will keeps on going into it's direction. I expect more banning from the other sites but it doesn't bother me at all. There will always be a way to spread things about the cryptos.

[addeqt]

I don't use snapchat either, their stock price is continuously declining as well as facebook due to the recent data scandal. I think twitter is planning or doing something that could follow the steps of those giants. So you people see that those who have hate crypto is getting their karma right after. On the other hand, as those company blocks ico, there is a huge potential that startups will prefer to use bitcointalk to promote their company and service as oppose to those giant advertising company. If one closes a dooor a new door will open somewhere and it is here at the forum.

[Sasuke102001]

Lol, people thought Facebook baning ICO ads won't have that much of an effect because there were many other platforms which still had ICO advertisements. If this is the case now maybe ICOs will lose a lot of advertisements and would have to find other ways to advertise their ICOs. Facebook, Twitter and also Snapchat can prove to be the platform for advertisements due to their large user base.

[yoseph]

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?   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/

I knew that it was also coming and very soon all the other social media platforms are going to follow suit as well and completely ban it as well. But this is not going to bring any negative effect to the market at all.

[samantadegrenet]

I think they are scared by the rumors circulating about scams and the possibility of using cryptocurrencies for illegal operations. Perhaps they fear class actions of cheated investors for advertising scams.

[kingkonjac]

well after the ban of google and facebook the other social media platforms whether they ban or not I guess it won`t have a huge effect on price of cryptos as the others are not as influential as google and fb.

[audaciousbeing]

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?   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/

If anyone is really interested in the growth of bitcoin, then you would care and be bothered about the bans here and there because its sending only one message which is heard loud and clear all over the world and that is crypto currency cannot be trusted. To someone already aware of crypto currency, you can separate the trustworthy ICOs from the others, you can separate bitcoin and other reputable coins from the rest but to a new individual its one and the same.

Again, its not about whether someone is using Snapchat or Instagram but what mattered is getting the message out and this platforms have been a useful means that spread beyond geographical locations, since its likely impossible to advertise on TVs. Aside that a lot of people have come in contact with crypto currency because of advert of an ICO which he didn't eventually participate. But now, all of those means are being shut, then we are likely to get stuck at a point of even go down further.