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....
Cryptos taking the beatings from Facebook & Google. It won't be long, the stick will break. Then Crypto rules.
That's fine. Many people already know about
Bitcoin and can ask someone if there isn't a Google add around to click on. We can also get the referrals instead of Google, ie. Sign up for my favorite exchange Binance sign up,message me and I'll upvote your posts 😺. Google is too large and needs trimming anyways. Bet they'd love to get deeper into banking and a they are a Stellar donator. I don't see cigarette adds anymore and everyone knows they are still available.
Google thinks it owns all things cyberspace/internet. They own YouTube, and the censorship has already begun there, and is only getting worse. i'm new to crypto, and in the learning process, so i depend on people who know to let me know what is going on. thank you for your information. I learn a little more each day!
Wow a noose? lol
We need to let them know we are here! Keep spreading the word!
True, in my opinion many big giants work as per secret agenda and that's why they want to kill the freedom of common people through banning the Crypto ads but now it's time of Steemit and it will going to prove more effective and definitely this can be beneficial for Steemit Platform and if SMT's are launch then in my opinion there will be no limitation for Steemit Platform. Thanks for sharing and wishing you an great day. Stay blessed. 🙂
If what you predicted happened it will be a huge step forward to our community
Amazing post.
Steemit is Great Social Network.
I appreciate your post... resteemit
actually I like google baning worthless ICO's to people that don't know about crypto. They should come to steemit to learn.
wow very nice info, thanks for sharing. Do you have a source of this info? thanks
nvm: i read the comments and jerry provoded a link.
Their always keep an eyes on their competitors and they'll do something if one of the competitors is want to rising
Great article. Liked and resteemed 😎
They are trying hard to suppress but will not succeed.
Yeah great news for steemit.enjoy
Sir you share Informative post for all steemians... good news for all of us..
This is a very good news to our community, this is the time for our Steemit to shine.
Thanks for the info 😊
good information keep it up
thank you for sharing, this is good information for me, hopefully always successful, and happy @newmarket65.
So, Google finaly followed the strategy of Facebook. But, we don't need to worry about this. Because we are steemians & all those investors will now come to invest on Steemit.
Great post dear i like it I appreciate your Every post thanks for sharing..keep up it
Agreed 100% with you @newmarket65!
This is a great news for steemians. Big Investments are coming on this Platform. So, enjoy!
too optimistic. It can take a long time still.
Ufff, things are heating up! No wonder the cryptomarket has been falling. Thanks for the article, lot's of food for thought. Thanks @jerrybanfield for the source link. Checking that out!
Wow...
Really really good to know about this..
Am happy..
And glad I would be able to make cool and nice money through steemit..
Thanks alot for this information/update
I appreciate..
Hope to see more of your posts
Oww Great news for steemit user....@newmarket65
nice post dear i like it
Thank you for this informative post. I really gain and learn from it
well post for all steemit user..
thanks for share..
I think google did this because they are going to develop their own cryptocurrency.
very useful information bro.....like this post.......
That's a Good news for us!
I think now same gonna happen with Google and Facebook which happend to Nokia. Nokia reject android, which finally android make nokia must fold mats.
The main issue that I see with Steemit is that it's still very difficult for people to gain a lot of viewers. So if new ICOs come to Steemit for increased exposure, then it'll be difficult for them to get the exposure they want without paying for upvote bots. If they go that route, we can expect the majority of the trending and popular page to be flooded with ICO ads.
Thanks for sharing with us sir
upvote and Resteem..
Great post.
I appreciate your Every post...keep it up.
Re-steemit
good post bro i appreciate it ..
I personally think it is a good thing for a few reasons.
It stops the ICOs with the biggest budget simply steamrolling great innovative projects. Any website can get clicks and views if they have a huge marketing budget for Google Adwords.
It forces ICOs to think outside of the box and reach their communities in other ways, platforms like Crowdholding will be the future, as no longer will they be able to just spam people to come to their site, but will have to engage them through co-creation.
It gives more power to bounties, people will spread the word of the ICO that has either got the best bounty campaign or a project they believe in. Although bounties can be manipulated by offering large sums, it is still better than google Adwords.
The only thing I don't like is that Google is clearly trying to strangle crypto. It's just underhand tactics to break the price, so they can invest into it or scare off users of crypto.
Upvoted for a great article, keep up the good work!
Great article, upvoted.
If anyone is interested in earning some crypto, log into https://www.crowdholding.com. They recently uploaded a task about this very topic. Give your feedback and earn crypto for it, the better the response, the more you earn.
Here is the link:- https://www.crowdholding.com/project/68/task/428/what-will-happen-after-googles-ad-ban
good job keep it up thanks for shareing
It seems that big fishes google and facebook is accepting their defeat against block chain and cryptos, that's why they are doing such a stuff. Hopefully this ban will give rise to steem. Let's hope for the best. Thanks for sharing @newmarket65