Banning of Cryptocurrency Ads!
Recently we are witnessing a widespread Banning of Cryptocurrency related Ads. It started with Facebook and now Google has decided to join in the Bandwagon.
There seems to be a certain Trend in this as the Companies which have a lot to lose from the Success of Cryptocurrencies are just downright Banning anything related to Cryptocurrencies.
In my heart I knew that 2018 was going to be the Year of Regulations for Cryptocurrencies but to be honest it has been quite Harsh. The Market Cap is in Tatters and there are several investors who have cut their Losses and Left. My own Portfolio has gone down close to 80%.
All that being said I will only lose when I sell and I am not planning on selling Any.
So HODL my Friends.
I don't understand the panic regarding the Google ban. Let's be real, 90% of the ads were scams.
And if you are worried about the other 10%, if a company proves that it is legitimate (meaning they have to provide documents and yadda-yadda) they will be allowed to have ads. For example, reputable exchanges like Coinbase or Binance will be able to advertise on Google.
I am not at all worried it's just the State of Affairs around the Cryptosphere that is a bit Concerning.
You are absolutely right in saying that if a Cryptocurrency is Legit and Working than it doesn't need Ads to support it.
For future viewers: price of bitcoin at the moment of posting is 7602.20USD
Hey!
Useful information about the day opening price, For all current and future readers.
Today's date 18/03/2018:
Bitcoin: 8011$
Ethereum: 564$
Ripple: 0,65$
Bitcoin Cash: 970$
Litecoin: 154$
NEO: 69$
Cardano: 0,15$
Stellar: 0,21$
MIOTA: 1,14 $
EOS: 4,71 $
Have a good day everyone!
banning ads on google and facebook is god for steemit and I hope recover our loss very soon.
This is not good for cryptocurrencies.