Lessons from Facebook and the attempted shutdown of Telegram

[stompix]

What's the problem with Telegram?
As far as I know the Russia will ban bitcoin in their country. They will block IP addresses. Why should it affect bitcoin price? The news is not related to bitcoin.
Also, how facebook regulations can affect the bitcoin price?

Source for this so call "ban" ?

Facebook and telegram will not be able to affect the bitcoin price too deeply, because of the sophistication of the decentralized Blockchain technology that keeps the bitcoin price up.

Decentralization or blockchain isn't a guarantee for the price, if it would be like that all coins will be worth thousands of dollars. Actually it's quite the opposite, being decentralized and driven by demand and offer there is no way to know for certain what value it's going to have tomorrow.

I actually I feel like there was no ban. I still see a lot of cryptorelated ads on Youtube. Either Google didn't include it or a ban in Youtube is down the pipes.

It's going to start in June.
https://support.google.com/adwordspolicy/answer/7648803?hl=en&ref_topic=29265
Or at least for google related services.
I don't know what the situation is with Facebook as I don't use it that much but I would love to hear they are monitoring the bounty section on bitcointalk and banning all spammers

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[Veterock]

What's the problem with Telegram?
As far as I know the Russia will ban bitcoin in their country. They will block IP addresses. Why should it affect bitcoin price? The news is not related to bitcoin.
Also, how facebook regulations can affect the bitcoin price?

At the moment they don't plan to block bitcoin, as i know. They've blocked only Telegram. At least they try))

[taranbam]

These are just ridiculous attempts to block anything, and the telegram calmly bypasses them all. I think there is no reason for panic.

[ondabeat]

I think your question is 'Will Bitcoin's price be immune to bad news over time?' My answer is mostly not because bad news affects people's confidence in the market negatively and they will panic sell, For example, let's say Russia wants to ban Bitcoin, most Russians will rush to sell their Hodlings before the deadline.

[LangleyMccarty]

Yes the government can try to regulate it but the only thing they can act on his the people identity and authenticity of the product people are offering like finding a way to avoid the scammer

[bhabygrim]

Bad news could affect the price only if the weak hands believes it,
But facebook banning crypto currency promotion on their site it wouldn't really affect too much in crypto,
Crypto currency could be promoted in different social media and different ways the internet is too big and crypto is using it.

[bitfocus]

as Bitcoin is being used as Investment (not as currency) right now, it automatically adopts some common features like a regular stock type item. And trust me, people go crazy over any good investment, they bet all their money just being allured by the news and influenced by online or local influencers. then when anything bad spreads about that particular investment, they always panic and sell at the lowest to save "Some of The Money" the invested. Sharks and Scammers take that chance and manipulate the markets.

[carlisle1]

Do you guys believe that bitcoin will fluctuate less due to bad news?

Just like Facebook  can pass government regulations, as well as telegram did today, I belive Bitcoin and descentralized technology won't be affected by such attempts and people will realize that. Therefore, leading to less sudden drops.
I hope I was able to explain my point.

What do you guys predict?

Yes i hope you can explain your point clearly because the truth is we cant understand what you really means

Bitcoin has been banned from many countries but still the price grows,being banned by social media sites but still grows,so what is facebook compared to all of this?cant bitcoin survive them all?ofcourse bitcoin can

[Zeddyn]

It's true that bitcoin can be affected by bad news about Facebook's ban because bitcoin has always been badly affected by bad news with big economies.

[bitcoinerjawa]

I do not really believe in some bad news that is trying to attack bitcoin prices, with bad news many people panic, you should be a trader player can take advantage of such moments to buy as much as you can.

[Dexion]

I think bitcoin is different from facebook and telegram. facebook and telegram do not pose a threat to the world.
even after it was analyzed that facebook and telegram did not have a great effect on the stability of the world.

but different from bitcoin. bitcoin can threaten all sectors of politics, economy, health, and even threaten every aspect of world order.

therefore the bitcoin will not be affected by the geopolitical issue, because bitcoin is not in that pathway.

but I'm sure, that bitcoin will passing through government bans in different ways from facebook and telegram.

[stayeduptolate]

Do you guys believe that bitcoin will fluctuate less due to bad news?

Just like Facebook  can pass government regulations, as well as telegram did today, I belive Bitcoin and descentralized technology won't be affected by such attempts and people will realize that. Therefore, leading to less sudden drops.
I hope I was able to explain my point.

What do you guys predict?

All the governments have the right to ban anything from their nation and the same is with bitcoin too. There are few countries that has banned the use of crypto currencies in their nation but the point is that they can ban the use of crypto currencies from their nation only they cannot stop a person from owning a bitcoin, he is always eligible for transacting bitcoin from any international exchanges and illegalisation of bitcoin from any country obviously will effect the valuation of bitcoin.

[nmax21]

Do you guys believe that bitcoin will fluctuate less due to bad news?

Just like Facebook  can pass government regulations, as well as telegram did today, I belive Bitcoin and descentralized technology won't be affected by such attempts and people will realize that. Therefore, leading to less sudden drops.
I hope I was able to explain my point.

What do you guys predict?

Bitcoin hesitates not because of news, but because of manipulation. And this "bubble" will burst quite soon, because it brings huge money to manipulators.

[machineskill]

If you are asking that bitcoins price will drop by bad news; then i will say YES,it will. cause buying and selling btc is depend on news circulating all over the world such as india banning btc, regulation on btc, supreme court decision on  this date.This things rally effect the market.maximum time a lot of people loose their money being effected by these news.

[acheampong64]

Just like Facebook  can pass government regulations, as well as telegram did today, I belive Bitcoin and descentralized technology won't be affected by such attempts and people will realize that. Therefore, leading to less sudden drops.

It seems the digital world and the government or regulators always have something to discuss. By the way Facebook's issue with the government was quite different from Bitcoin's.  To me, they just hate Bitcoin for no strong reason, it's just te hate, but as you said we'll win at the end.

[beivleveinsomeone]

How can facebook affect how bitcoin price? While your point of merit, it is easy to argue against. To the bitcoin really not affected by regulation from a price point of view it would be necessary for the community to be completely free of government control, which sadly is not a reality.

[renata.tuncha@ex.ua]

I know that there is no problem with Telegram till now for sure and actually using Telegram I found out about one project Socratus.
I really like their concept - a platform for insurance companies that was created in order to make the communication between customer and insurance company more convenient and simple. It helps to get read of annoying personal meetings and paper work. With this ecosystem, companies will be able to cut operating costs, create new insurance products, deal with data analysis more efficiently and many other benefits.

[ClaudiaWerfel]

I agree with this opinion I believe bitcoin will come back stronger

[swissgang]

I think bitcoin differs a lot from such companies like telegram and facebook, it is very different entity that we have not known before.