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Author Topic: Google is ending its sweeping ban on cryptocurrency-related advertising.  (Read 1142 times)
Aion2n (OP)
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September 25, 2018, 04:54:12 PM
 #1

Google is ending its sweeping ban on cryptocurrency-related advertising and plans to allow regulated crypto exchanges to buy ads in the United States and Japan. The new policy starts in October.

https://www.cnbc.com/2018/09/25/google-reverses-ban-on-cryptocurrency-exchange-advertising-in-us-japan.html

I think that this is a preparation for the reversal of the bitcoin price.

What do you think about it? What are the consequences of these changes?
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September 25, 2018, 05:08:18 PM
 #2

I think this will not affect bitcoin's growth it needs support from the economic news background ! But the news is really good ! Cryptocurrency has moved one more step to world domination !

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September 25, 2018, 05:30:16 PM
 #3

Google is ending its sweeping ban on cryptocurrency-related advertising and plans to allow regulated crypto exchanges to buy ads in the United States and Japan. The new policy starts in October.

https://www.cnbc.com/2018/09/25/google-reverses-ban-on-cryptocurrency-exchange-advertising-in-us-japan.html

I think that this is a preparation for the reversal of the bitcoin price.

What do you think about it? What are the consequences of these changes?
It is good to here in this forum because most of the investors are available in this forum so this news is really attract the consumers so Bitcoin reputation is improve in the market. This will be reflected in October price now we should wait and see the future results.
It is a positive news in crypto so it will make good consequences in future market. But it is not a big impact of Bitcoin price.

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September 25, 2018, 06:17:35 PM
 #4

Google is ending its sweeping ban on cryptocurrency-related advertising and plans to allow regulated crypto exchanges to buy ads in the United States and Japan. The new policy starts in October.

https://www.cnbc.com/2018/09/25/google-reverses-ban-on-cryptocurrency-exchange-advertising-in-us-japan.html

I think that this is a preparation for the reversal of the bitcoin price.

What do you think about it? What are the consequences of these changes?
Wow, earlier today I came by a post about google ads being banned and thought that it should be wrong by now. I was upset and surprised that the ban was still active. This news is changing things back to normal and to what I thought was already there, so thanks a lot for sharing it! For now the ban is off for Japan and USA, but I hope it will get worldwide, as crypto market should not be discriminated only because there are many ICOs scamming people. They could ban ICO ads instead at the very beginning, or, rather, require strict review of the ICOs that want their ads to be on Google. I don't think that the news will affect the prices, but it is a nice step toward recongizing cryptos as a legit part of our life.

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September 25, 2018, 06:22:23 PM
 #5

I guess, google has to make money too. They have obligations to their share holders, and why cut of a perfectly good source of income. Not to mention that many of the higher ranked google employees understand bitcoin and probably hold some themselves.

Once they bring back the ads, what they need though, is more educated staff members to prevent ads that may harm their users, like malware ads and scam schemes.
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September 25, 2018, 07:20:24 PM
 #6

I will admit I did not notice the tangible bans on advertising. Maybe in connection with this news, will they even further promote the topic of crypto currency?Indeed, we are waiting for something interesting.
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September 25, 2018, 07:26:56 PM
 #7

This is a major pivot. Before I wasn't sure if google is the throttle to mass adoption. Now I see they are trying to regulate so they can accept in their infrastructure. It will take time, but this is a great sign for the industry on the whole. 
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September 25, 2018, 07:53:21 PM
 #8

I read the news this evening and i am really happy about it, I remember i have once said that with time, all these people that ban cryptos will later realize what they are missing and will be forced to un-ban it, I am still waiting for a time china will embrace cryptos..

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September 25, 2018, 08:04:16 PM
 #9

Google is ending its sweeping ban on cryptocurrency-related advertising and plans to allow regulated crypto exchanges to buy ads in the United States and Japan. The new policy starts in October.

https://www.cnbc.com/2018/09/25/google-reverses-ban-on-cryptocurrency-exchange-advertising-in-us-japan.html

I think that this is a preparation for the reversal of the bitcoin price.

What do you think about it? What are the consequences of these changes?
Well, it's a good strategy by Google, they aren't letting fucking scammers advertise on their platforms.

But this should have nothing to do with bitcoin or its price. Because it's a fucking ad spot at the end of the day. If price gets influenced by that, then we can all possibly conclude that the market is handled by stupid idiotic 12 years old.


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September 25, 2018, 08:05:07 PM
 #10

It won't make a difference.

No one but noobs gave a damn when the ban was enforced, and now no one but noobs give a damn about Google allowing some companies to advertise again.

It only makes sense for social media platforms to not banish every entity related to crypto, because that's a form of economical exclusion reeking of an anti crypto bias, and of course there is a financial incentive as well. I doubt that we'll suddenly see Coinbase ads pop up, because they don't need any ad exposure through crypto when their backlinks are superior in each and every way, and I'm sure it's the same for other large entities in this space.

In a world where there are plenty of sites and platforms to advertise on, one does no longer depend on Google to reach a large number of people. It's more so Google's loss than crypto's loss. In other words, it was only a matter of time before they would reverse their actions.
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September 25, 2018, 08:17:54 PM
 #11

I have mixed feelings.

On one hand i think it wont matter much other than more revenue for google.
Crypto will continue on with or without google ads because there are other
places online people get their crypto  info.

On the other hand the fact that google will only accept regulated sites advertise
means less people will be subjected to scam sites and will get the impression
the crypto space is cleaner and safer.

Its a tough one to call really

R


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September 25, 2018, 08:20:40 PM
 #12

Facebook already made its U-turn months ago. Nothing has changed
So I don't think it will make any difference as well. The only upside is that we are going to see a lot of ads again, Lol and scammers will take advantage of the situation again. We might see ICO increasing in the next couple of months because both legit and scammy projects will have a good exposure once again. But I don't think it will bring any impact on the current situation though.









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yusupjatigumilar
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September 25, 2018, 10:43:25 PM
 #13

I hara this is good news that will make the price of crypto currency rise again, considering that some time ago the policy could make the price of crypto currency fall and affect until now, the policy carried out by Google now will at least get rid of bad paradigm about crypto currency, so investors' confidence will increase to keep their capital in crypto currency
Indrawan77
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September 25, 2018, 11:02:30 PM
 #14

Its a good news, it can make crypto become more popular and it can decrease the negative stigma on crypto, but it won't be affected too much most of the people already knew crypto and they seldom care about the ads in Google, but this is a good progress to make crypto into mass adoption
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September 25, 2018, 11:47:23 PM
 #15

This is good and happy news for Bitcoin holders and lovers, it means that bitcoin is becoming grow wider and more. It is the beginning to get trusts from local government. To me, I personally think that it will not affect the bitcoin price as long as many Bitcoin holders keep and hold on their Wallets.

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September 26, 2018, 12:42:55 AM
 #16

I do not think it will affect the price of Bitcoin either. I only understand that the policy taken by Google with the advertising ban of cryptocurrencies has been correct. Imagine for a moment in being an Investor who, convinced by a Google ad, invests in an ICO Scam.

A situation like that is unacceptable, the reputation of Google goes down and is pointed out as the vehicle that allows Scam projects.
The crypto-enthusiast community needs a healthy ecosystem and we are all involved in building it day by day.

gambitcoin53
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September 26, 2018, 12:54:32 AM
 #17

Google is ending its sweeping ban on cryptocurrency-related advertising and plans to allow regulated crypto exchanges to buy ads in the United States and Japan. The new policy starts in October.

https://www.cnbc.com/2018/09/25/google-reverses-ban-on-cryptocurrency-exchange-advertising-in-us-japan.html

I think that this is a preparation for the reversal of the bitcoin price.

What do you think about it? What are the consequences of these changes?

if this is true, it will be beneficial to the crypto market and the users too, it only means that the use of crypto is eventually being adapted by more and more people in the world, it will boost the trust factor to attract more and more investors who are not yet into cryptos, google has innovated and part of that innovation is the realization of the worth of crypto trading and promoting crypto will attract more advertising firms.

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davis196
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September 26, 2018, 05:50:58 AM
 #18

Google is ending its sweeping ban on cryptocurrency-related advertising and plans to allow regulated crypto exchanges to buy ads in the United States and Japan. The new policy starts in October.

https://www.cnbc.com/2018/09/25/google-reverses-ban-on-cryptocurrency-exchange-advertising-in-us-japan.html

I think that this is a preparation for the reversal of the bitcoin price.

What do you think about it? What are the consequences of these changes?

It's good to know that they won't allow shaddy ICO projects to promote their shit.
Which are the "regulated crypto exchanges"?Coinbase?I don't think they need any advertising.
I'm not sure that the crypto exchanges will have big enough advertising budgets,their profit margins are small.
Anyway,it's good news that Google is crypto friendly again.

Ucy
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September 26, 2018, 09:44:40 AM
 #19

Quote
to allow regulated crypto exchanges to buy ads in the United States and Japan.

"Regulated" here obviously means Government controlled = centralized exchanges.
... So basically they are trying to allow centralized Cryptocurrency Exchanges to buy ads... Then slowly the Crypto World will be dominated by Centralized Wolves in sheep clothing.
Hopefully they don't also begin allowing the promotion of Centralized Cryptocurrencies (fake Cryptocurrencies).
bobo012
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September 26, 2018, 10:15:58 AM
 #20

I think that banning crypto ads by google or any company didnt have sense in the first place. Censoring cant be good. It should be a free market and people should be wary what they invest into.
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