This is a very interesting discussion, and unexpected to the price of other cryptocurrency bitcoin, and also the ICO. In addition to being influenced by market exchange trading/stock price cryptocurrency, apparently the bitcoin is also influenced by its advertising and marketing system.
The greater the advertising actions against a crypto, it will be the more famous and more and more enthusiasts crypto.
Causes of Decrease in Bitcoin & Cryptocurrency Rates 2018
Google will ban all Cryptocurrency ads, including other coin offerings and initial coin offerings / ICOs, as it seeks to "address emerging threats".
Online Advertising
Talking about advertising products or services online today is a very popular marketing technique. Among them are Google advertising (Google Adwords) & Facebook advertising (Facebook Ads).
Google will ban advertising kriptocurrency follow similar by Facebook. This is very surprising, the largest online advertising 2 block the promotion of a controversial crypto.
Media Advertising will block Ads Cryptocurrency.
Cryptocurrency like Bitcoin unregulated and many ads that promote Bitcoin misleading or commit fraud.
Banning of Google will include advertising products Google Ad Words and YouTube, which block the ads on Cryptocurrency and initial coin offering/ICO.
Facebook advertising media as well as the first block of ads Cryptocurrency and initial coin offering/ICO in January 2018.
Reason for Blocking Ads Cryptocurrency
Ads that promote cryptocurrency and ICO, which attracts people to buy tokens with ease, evaporated with the hope they will rise in value, has spread following a surge in interest in January 2017 Bitcoin .
Many of the ads seems to be a fraud, offer get rich quick schemes or encourage people to invest in ICO risky and unregulated, many of which have failed or even disappeared with investors money. Bitcoin price down about this morning $400 become $8,895, according to CoinDesk.
When will Ads be blocked Cryptocurrency?
Google Bans Ads Cryptocurrency
From June 2018, advertisers will be blocked from installing ad on several other controversial financial products. "This year, we updated several policies to deal with ads in the financial products that are not regulated or speculative, " said Google Director, Scott Spencer.
The advertising ban will come into effect from June as part of a crackdown on financial products are not regulated. Director of sustainable advertising Google, Scott Spencer, said in a blogpost: "we renew some policies to deal with ads in the financial products that are not regulated or speculative as binary options, crypto, foreign exchange markets and contracts for difference (or CFD). "