Ban of Cryptocurrency Ads ?
So a few Months back several Social Media Websites like Facebook, Twitter started giving Interviews about them Banning Cryptocurrency Related Ads on their Platforms.
It has been 2-3 Months since the so-called Banning of Cryptocurrency Ads but I still find several Cryptocurrency Ads on Facebook, Instagram, and other places. Now here is something you should think about.
Was all the Banning Rants just Manipulation?
I remember writing a Post about this in which I said that Banning Cryptocurrency Ads will not even make a Dent on the Market as the Main Cryptocurrencies(Bitcoin, Litecoin, DASH, etc) rarely use Ads as a Medium to reach Users.
So what ultimately happened is that there is still no Ban on Cryptocurrency Ads but some users sold their Crypto thinking the Market might go Down for the Ban News. This looks an awful lot like News Manipulation.
What do you Guys think about this?
Write down Below.
This is not so good 🤔
Coins mentioned in post:
@arunava , it is not manipulation...Google made the decision, we read about this on several news aggregator online, but it didnt effect the ban. So, investors on steemians thought Google would ban it as they said.
I think Google and Facebook are up to something...we will never let their action distract us on investing in steem.
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If they ban or not, crypto has the strength to come out from this either rumor manipulation or policy to hit the prices. People are the power if they support this evolution no one can stop this overtaking the whole world.
Beautifull post sir
Yeah maybe the 'rant about banning ads' was just a form of manipulation. Either way, I agree with you. Banning Crypto ads will have little to no effect on the people using it. However, it might influence BTC pricing as the market might interpret it as hostility towards BTC and crypto. Every day we try and determine where BTC is heading, but frankly TA can only do so much. TA can never predict major events like mass adoption or rejection. Either way, banning or allowing ads on Instagram and FB won't do much, I think.
They banned ads because people were getting sucked up into scams. Remember seeing BitConnnnnnect ads everywhere?
I support crypto
but not ads
I'm not sure what I'm going to say. Because there is no evidence or supporting data. That the prohibition of advertising by non-decentralized social media is a form of panic to the social media of this decentralization.
Yes, if they didn't ban cryto ads it sounds like news manipulation.