Google Bans Crypto Ads This Is Great For Steemit

in steemit •  7 years ago  (edited)

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

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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.

google-surveillance-2-l-1200x630-c-ar1.91.jpg

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!

c72c9b43081ffd64fae59b2269046cdf--meme-coins.jpg

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

"They will buy Steem and Steem Power and spend the money here"

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.

Great article. Liked and resteemed 😎

Their always keep an eyes on their competitors and they'll do something if one of the competitors is want to rising

  ·  7 years ago (edited)

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.

They are trying hard to suppress but will not succeed.

Agreed 100% with you @newmarket65!
This is a great news for steemians. Big Investments are coming on this Platform. So, enjoy!

good information keep it up

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 😊

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

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

well post for all steemit user..
thanks for share..

Thank you for this informative post. I really gain and learn from it

I think google did this because they are going to develop their own cryptocurrency.

nice post dear i like it

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.

very useful information bro.....like this post.......

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.

  1. 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.

  2. 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.

  3. 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

First Facebook and now Google. This is getting Insane now. Although i know it doesn't effect but still i am worries. It is because we have some idiots who will simply panic and sell even hearing this news.

"Google, Facebook, Instagram
According to the new rules of advertising the world's largest social network Facebook, users will no longer be able to advertise ICO and cryptocurrency, including bitcoin.
The two core principles of the company regarding advertising is that ads must be reliable and gain the trust of people. In this regard, note in Facebook misleading or deceptive announcements in this social network there is no place.
The company added that it wants Facebook users to learn about new products and services without fear of becoming a victim of fraud."

Simply manipulates the market so-called whales. Want to buy cheaper here and publish news of this nature.
Please note that there is still an ICO ad.
As for the media. If everyone remembers what they told us when bitcoin reached 18 -19 thousand dollars. They said that bitcoin is the future, that it will not fall below. Someone just twenty shoved the newcomers. and again right now, stock up on bottoms))) a common thing.
It is necessary to promote Steemit for advertising ICO )

I think it is good that google banned ico advertisements because many scam ico target and facinate users through google and Facebook advertising but now the Crypto users can decide on their own to invest in any ico

I wonder how they will learn about new projects without Facebook and Google?

Thank you for your information

the fact that they see it as a threat is good. It means crypto is growing

What's funny in a way is that companies like google themselves faced such difficulties in the dotcom boom, and then later in the web 2.0 days. I remember 7 years ago, there were calls to block/ban facebook and twitter because they could spread "discontent". It's ridiculous that these companies are now the ones blocking crypto.

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

good job keep it up thanks for shareing

nice information ,,i like it sir,

is very good news a great for steemit follow now thanks you 😍😍

  ·  6 years ago (edited)

Google is going to ban all crypto-related advertising this June: website owners will no longer makemoney using AdSense. But you can earn some money using TokenAd! instead TokenAd Website https://bit.ly/2LsIKzw

I hope this help!! #Bitcoinnewbies #Bitcoin