Why is the bitcoin rate going down?

in #crypto6 years ago

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As you can see for several days, bitcoin is not very interesting, just a few days ago we had to pay about bitcoin about 9,000 $ 800. Today, this value does not exceed 8 thousand dollars. Why is the rate so drastically falling and whether we can expect an increase in the near future?

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All thanks to google

For some time Google has been announcing changes in the policy of its website. On March 15, 2018, Google changed the terms of advertising for products in the Google AdWords system. The provisions will come into force in June 2018.

What exactly has changed in the regulations?

In its AdWords terms, Google has placed a position prohibiting the placement of advertisements related to cryptocurrencies.
Unfortunately, Google did not explain why the change was introduced, we can assume that Google was guided by the change in the Facebook regulations, which was introduced a month ago.

Facebook about cryptocurrencies

Rob Leather, the director for managing Facebook products:

"We want people to continue to discover and learn about new products and services through Facebook ads without fear of fraud or scams. Nevertheless, there are still many companies advertising binary options, ICOs and cryptocurrencies that are not currently in good faith. "

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