Google’s Advertisement Ban Is Bullish, Not Bearish, For Bitcoin, Ripple, Ethereum And Litecoin

PMBC Group’s client, CryptoMaps, featured in Forbes.

Major cryptocurrencies like Bitcoin, Ripple, Ethereum and Litecoin do not need advertisement, because they are well-known in the investment community.

Yet investors seem to think otherwise.

Another reason is that the ban will help weed out scam coins from the market, and therefore, install confidence among investors in legitimate coins. “While this isn’t the best news, it could be a good thing for cryptocurrency,” says Craig Cole of CryptoMaps.info. “The ban will help solidify the market and weed out scam coins and illegitimate actors looking to get rich quick, providing stability. This ban doesn’t mean that cryptocurrency is going away. I believe it will ultimately strengthen it.”

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