Joel_Jantsen (OP)
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Get your game girl
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September 26, 2018, 09:46:23 AM |
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Read the full article: https://www.cnbc.com/2018/09/25/google-reverses-ban-on-cryptocurrency-exchange-advertising-in-us-japan.htmlOh, the bad news is, they would only allow regulated/verified exchanges to use their add platform. Meaning - You want to advertise your crypto platform through google? Get your shit verified. I'm sure twitter, facebook, medium soon will follow the same. In the conclusion, fuck decentralisation and let the government regulate everything related to crypto.
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Gary Levanevskii
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September 26, 2018, 12:00:41 PM |
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Advertising is a good way to manipulate the crowd. They will allow advertising but will be more in control of it. This is probably the right step.
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pawel7777
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September 26, 2018, 12:10:32 PM |
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I don't quite understand why would they ban advertising certain type of services on google but allow the same type of ads on youtube (google owned). That's just double standards, I'd expect any ethical-concern actions to be taken on the group level, not separately for each platform. Good to hear they're shifting towards more crypto-friendly stance though. This adds legitimacy to all the cryptocurrencies businesses that are allowed to advertise.
Google's original restrictions, which it announced in March and rolled out in June, were intended to protect consumers and included initial coin offerings (ICOs), wallets and trading advice, which are still not allowed. Maybe it's for the best. I'm not gonna cry about it. Although, similarly to regulated exchanges, they could allow SEC-compliant ICOs.
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BitcoinGuruOne
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September 26, 2018, 12:17:07 PM |
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To be honest , i did not even notice the ban had same real consequences. I was bombed by crypto ads as often as before the ban, possibly it is because it is too easy to bypass these bans on ads and also very hard to control them by google.
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Juggy777
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September 26, 2018, 12:19:55 PM |
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This is not as bad as it seems on the contrary this shall remove the spam and shit loaders out and only allow genuine exchanges to advertise. One of the main reason it was banned due to spamming and fraudulent activities, and which in turn had dented public sentiments. If you see in a way google is vouching for cryptos and this is indeed a very positive news according to me.
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Sandus_Cryptolover
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September 26, 2018, 01:16:56 PM |
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If only regulated/verified exchanges can use their ads platform then I don't see it as a bad thing anyways. They want only only companies with intengrity to patronise them which is awesome. The way positive info are flying round of late is awesome to the future of cryptocurrencies.
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umar22pk
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September 26, 2018, 01:32:32 PM |
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First of all it’s a good step from Google to lifts ban from crypto Ads, but for that they put some conditions like regulated exchanges or regulated ICO’S will allow to give Ads on Google. I think it will a first step to regulate digital currency & might possible will not be acceptable most of exchanges.
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RodeoX
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The revolution will be monetized!
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September 26, 2018, 01:34:12 PM |
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So they are not going to allow scam coin ads? Good.
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levvv
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September 27, 2018, 02:37:52 AM |
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Well, maybe google want to advertise only the real project, not scam project, that's why they need to use regulated/verified exchanges. Actually with this, maybe we can invest on some projects without afraid it will become scam project. Anyway, let see how it goes in the future.
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pooya87
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September 27, 2018, 04:15:11 AM |
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Oh, the bad news is, they would only allow regulated/verified exchanges to use their add platform. Meaning - You want to advertise your crypto platform through google? Get your shit verified.
how is it a bad news? have you forgotten what has been advertised on google before they banned it? let me help your memory: lots of scams including ICO scams, shitcoins, scam websites, malware stealing your private keys, shady businesses doing illegal activities,... if you have a legit business ("crypto platform") you wouldn't mind verifying it properly. it is only scammers who will be screwed.
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Ridwan Fauzi
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September 27, 2018, 05:13:35 AM |
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I read that article and the conclusion is google will manage crypto ads, and there is no word who said regulate the system that is on cryptocurrency. And I guess it was good news for cryptocurrency industry, as what someone said before, that way can reduce fraud or even eradicate it. This method is very important because it will have a positive impact on new users or investors.
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Royal Jelly
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ECOSTART
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September 27, 2018, 06:17:55 AM |
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Google's policy of selecting crypto ads is a good step, so this will be a learning for crypto ads that like to cheat. With Google's policy, it will certainly work better and be able to become a quality container, Google also wants something good for its development.
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E C O S T A R T | WE CREATE A CRYPTOCURRENCY FOR OUR PLANET https://eco-start.com/
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Pursuer
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Where is my ring of blades...
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September 27, 2018, 06:49:33 AM |
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I read that article and the conclusion is google will manage crypto ads, and there is no word who said regulate the system that is on cryptocurrency. And I guess it was good news for cryptocurrency industry, as what someone said before, that way can reduce fraud or even eradicate it. This method is very important because it will have a positive impact on new users or investors.
the only thing that this will do is to prevent scams like ICOs to be able to use google ads to find their victims otherwise it will do nothing to reduce them. they will continue to happen for as long as there are newbies who are willing to participate in their scams. and this has been going on for a long time, even before the ICOs were created and started using Google ads to promote their crap.
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Only Bitcoin
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lubah
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September 27, 2018, 07:06:49 AM |
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Are you upset that advertising has become centralized? And Google prohibits the advertisement of ICO? Look around, manipulation and control are absolutely all around. Today there are already a lot of garbage coins that do not have the right to exist. In fact it was a hoax. Exchange of Fiat or cryptocurrency money for unknown tokens (ABC& CDA etc). The numbers in the Ethereum wallet or personal account on some new website, which may not be worth anything. All this deception of people. I'm not saying that ICO does not benefit, I'm saying that serious companies collect the necessary amount on pre-sale or on a closed sale.
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bstash
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Bitcoin Stash | https://bstash.org
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September 27, 2018, 07:08:40 AM |
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Yes, but this only applies to approved popular exchange platforms. This doesn't mean anyone can publish cryptocurrency ads on AdWords.
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Idoe
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September 27, 2018, 07:52:43 AM |
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Google is quite wise with crypto, so this will have a positive impact and will increase investor confidence in the development of crypto on Google. One of these media is enough to give crypto a better space to move and this is a good start, this is an extraordinary support.
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audaciousbeing
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September 27, 2018, 08:19:28 AM |
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Understating the value that these advertisement platforms brings to the crypto space will be shying away from the truth because they have proven to be a potent platform in which new funds come to the crypto space and getting the popularity to new grounds and it will not be out of place to conclude that the ban from all of these platforms have contributed in their own little ways to the downward trend that we have witnessed since the beginning the ban has cut across several social media platforms. The issue of verification that can be avoided and to me, its meeting people at the middle. There was a time every advertisement concerning crypto I see on Facebook or Google by default have scam written all over it but if the ban could reduce that then its working and now they want to open it up , then it should be supported or else we stick to the status quo and be expecting miracle to happen without the massive people not coming into the market. Its actually the greedy people that have put the conglomerates in position of strength in determining what would happen in the crypto market.
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pixie85
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September 27, 2018, 08:34:32 AM |
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Being picky about the ads is still better than nothing. Their total ban imposed months ago was stupid and unfair. It was them saying they agree with Gates that cryptocurrencies are a bubble and they need to protect people from these scams. How can a company that employs so many smart people be this ignorant?
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rumexx
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September 27, 2018, 08:45:59 AM |
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This news is a welcome one as this measure will serve two purpose and sustain the cryptocurrency space. It is now possible for ICO advertisement to be in google but the project must be verified. This verification will help to sieve out scam project thereby cleaning up the system and only credible projects will esee the light of day. The second problem that this will help resolve is widening the adoption of bitcoin as more people will be drawn into the crypto currency business and usage will also increase.
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IvyAguas
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September 27, 2018, 08:52:03 AM |
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I think this is really not bad especially if the ICO has served all the necessary requirements, also it would be a great help for investors in choosing good project. Getting verified will ensure that the project is legit and not a scam. I really think sooner other social media platform will adopt the same policy.
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