Some analysts are of the opinion that the main cryptocurrencies, such as Bitcoin, Ripple, Litecoin, and Ethereum, do not need advertising because they are well known in the investment community. Moreover, in their opinion, the ban will help to displace unreliable coins from the market and therefore establish investor confidence in the sustainable coins.
We will remind, for the first day after the ban on Google is a cryptocurrency, Ripple decreased by 6.53%. Rolled and bitcoin: by 3.47%. Course Ethereum decreased by 4.67%, while Litecoin is 1.26%. At the time of writing the rate of the Ripple ranges from values of $0.7.
Note, a Google ban happened about two months after Facebook has developed its own plan to ban advertisements on the basis of the cryptocurrency on its website, and then reduced the price of encryption.
However, some experts believe that the ban on the cryptocurrency advertising by Facebook, Google and other web sites in fact will cause a positive, not a negative dynamics, at least in the long term. Analysts also note that this may be true for major cryptocurrencies, such as Bitcoin, Ripple, Ethereum and Litecoin.
– Although it is not the best news, this step can be useful to cryptocurrency, says Craig Cole CryptoMaps.info. – The ban will help to strengthen the market – to destroy the empty coins and crooks who want to cash in quickly and thus ensure stability. This prohibition does not mean that cryptocurrencies go. I believe ultimately it will strengthen them.
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