Google Bans Crypto Ads This Is Great For Steemit
Google Bans Crypto Ads This Is Great For Steemit
The Noose from the big companies has tighten on Crypto
Google and Facebook account for 80% of online advertising
From June Google has announced it will ban all ICO ads, Crypto exchanges, Crypto trading advice.
What does this mean ?
It means the big multi national companies are pulling the noose out to try and kill it Crypto
It will have an impact on where these ICO can run ads to get support for there projects
Answer Steemit Platform
These people will want to still create ads and target their audience what better way to do this is to target people on the Steemit platform for ICO
They will buy Steem and Steem Power and spend the money here
So you will see this happening because of these Companies doing this against Crypto
Its a mistake long term to ban Crypto ads for these companies they think they can control the internet with there behaviour.
I knew it was just a matter of time before Google did this not why?
Google hate Freedom and competition and believe they control the internet
This is likely in the coming months to drive down the market cap a bit lower it may cause a bit more of a sell off.
So you will be able to pick up some cheap coins for sure.
This will drive a wave of new money to Steemit and give it more strength.
Thanks Google
Let Me know your thoughts and follow and comment Thanks
The users of steem is still too low, compared with the users of google, and I am wondering whether steemit can tolerate the flood of users.
Yeah for sure can
I beleive they can.....all it will take them is to expand.
We all have our origin,Google started from somewhere and today it rules.
Steemit has started and will oneday rules.
If the newbies educate themselves with the Whitepaper first then the flood will be a soothing one for sure!
Well seriously a large amount of traffic comes from google normal searches not stupid ads. I expect nearly every company on social media to ban ads for them though because they don't want to take the risk. All the ICOs are not registered with the SEC thus they are illegal in terms of the government and those promoting them can be held liable.
Yeah, but that doesn't mean Facebook and Google don't take pleasure in these bans, because they want to prevent any surge of users from FB or Youtube to apps built on the Steem blockchain.
Of course, it's like comparing whales to plankton on steemit when we compare fb or youtube to steemit or dtube, but there are two abrupt ways to get rid of potential future competition: buy it or crush it while they are small.
What about telegram? Might be a safe bay for Crypto?
How about the diet, supplement, health, dating, erectile dysfunction and other scams that fill my screen?
You got a 6.26% upvote from @luckyvotes courtesy of @jmehta!
Of course they do. As they are in bed with the gov, and the gov fears decentralization, they are working against blockchain technology but that doesn't mean google isn't developing their own cryptotechnology in their secret chambers.
When they reach the limit of not being able to suppress the new trend anymore they will come out with their own already highly developed solution and people will jump on it as it has many usecases already. Many small ICO will die. They will try to take over the market but they can't completely because they are already to late. The big ones will have been already established and the mindset of cryptonians that google as a centralized, censoring nearly fascistic institution will not help them.
So i really appreciate google making themselves outsiders. The word will spread even without ads on their platforms. Unstoppable.
This comment has received a 16.58 % upvote from @fredrikaa thanks to: @pyro0816.
Banning Crypto ads will low down Crypto prices. This is not good for the crypto holders. We are already losing our money because of the current Market situation.
But I think This is good news for Long term Holders. They can buy more coins on cheap rates & will sell them at the end of the year when prices will go up.
I agree with you. It is a good opportunity for the long term investors.
Long live the miners!
Thank you for letting me know Google just banned cryptocurrency ads!
RESTEEMING soon!
Here is the source article on Google: https://support.google.com/adwordspolicy/answer/7648803?hl=en&ref_topic=29265
yeah I thought they would do this they see it as a threat to their business
This is why @platforms is going to be pretty big. People will want to know how to get their ICO the attention it needs and the community it needs around it. Platforms is built for such an event.
The problem is FB and Google has huge reach and steemit has barely a million users. So from an ICO perspective its not a great place yet. I think the ban is not from a ad perspective but trying to stem the obvious fraud in the system. I wouldnt be surprised to see ICO,Wallets and exchanges gets more regulated like the stock market by regulators.Mind that public money is involved and they have a role to play. Wild west of crypto is over!!!!
Google cant stop crypto from growing its bringing for exposure to crypto for now its negative maybe but in long run more and more people know about crypto when they read about it.i am lucky enough to sign up for steemit before it got so packed with users so many of them are still waiting for confirmation.
amazing platform like steemit will boom more and we will all see the results of it. honestly i got hit really hard with this crash and i made a post about my crypto journey and i would like to share it with you if you can see it and tell me what your suggestion would be for future reference.
https://steemit.com/crytocurrency/@ychaudrys/my-journey-frustration-with-altcoin-my-fomo-got-me-here
again if you dont have time to read it i understand but people like you are really making difference in this time of crypto crisis so thank you for your service .
Thanks for sharing the information....