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RE: Why the Crypto Markets are getting rekt

in #bitcoin7 years ago

Definitely the giants (Facebook, Google, Twitter) banning crypto ads is also having an effect on price.

Although it makes me wonder - are they banning to keep the bad projects out or as a way to protect themselves against some of the good projects that will challenge their existing business model and dominance?

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Unless they are going to release their own cryptocurrency/blockchain product, their business shouldn't be directly impacted.

But then again, it's hard to tell what's these big players are thinking at the moment. :)