Facebook forbids cryptocurrency ads | Discussion
Hello trader's !
Market is too much Red .
I note that certain governments are now at war with the crypto-currency developers and online traders to make it much harder for them, even they won't say it openly.
Facebook does now forbid bitcoin ads to be published, just one of the steps to make it harder for bitcoin. But what will be the result, think!!
The hype that was created before in stimulating people to buy will soon turn into chaos with a huge amount of bitcoin owners to trade to other currencies like Euro, USD and UK Pounds.
I note that the Philippine peso declined over the last weeks, but I think it is not the Peso that declined, it is the change from Bitcoin to those other currencies, so not the peso that caused it.
Facebook is banning all ads for bitcoin
If I had any thoughts of buying Bitcoin , it was smashed when I read about a guy that lost the hard drive containing 7,500 Bitcoins worth $100 million dollars .
Also one of the savvy investors at Motley Fool had his entire Bitcoin confiscated by the company holding it for him, to pay storage fees ??? Sounds like a like a lot of mines on the playing field .
Ignoring reality. But it will not long
Hope for the best because a lot of people buy crypto for long term .
No matter what facebook thinks about cryptocurrency it would still grow and beat their imagination. Baninng ads about cryptocurrency is not the end but the begining of the worlds interest on cryptocurrency
to be honest i see the price of Bitcoin crashing terribly this year into next year, thats because of reduced demand...basically too many people trying to sell at the same time not to mention all these other ico scams like Bitconnect probably crashing wont help
Free publicity. Thanks facebook.