Re:Google will ban all cryptocurrency-related advertising
by dunkelsten on Wednesday March 14, 2018 @04:04AM
(#16583114)
> But I only want just the _legitimate_ ICO ads to remain.
I‘m sorry to bring you the news, but there aren‘t any.
Oh, and just in case there are, the crypto ecosystem implosion happening this year will drag them along to the bottom of the pool together with all the scams.
Re:Google will ban all cryptocurrency-related advertising
by em3rgent0rdr on Wednesday March 14, 2018 @06:06AM
(#16583553)
Reminds me of the dot com boom with tons of $noun.com companies of which the vast majority were worthless. But there were some true innovations, and those gems survived the crash. Had we lumped them all together and prohibited any of their advertisement, they may have never succeeded.
Re:Google will ban all cryptocurrency-related advertising
by tim333 on Wednesday March 14, 2018 @08:35AM
(#16584303)
Often the significant innovations don't need to advertise. I didn't use the early Google because I saw an ad for it and I don't think Etherium did paid ads for their launch.
Re:Google will ban all cryptocurrency-related advertising
by herbst on Wednesday March 14, 2018 @09:29AM
(#16584587)
Ethereum is a good example. Look at all these poor Ethereum clones that ICO the shit out of their eth chain copy cat. Same shit we saw with the Altcoins craze some years ago.
The names that stay are those that speak for them self through revolutionizing Technologie.
Re:Google will ban all cryptocurrency-related advertising
by nukeop on Wednesday March 14, 2018 @05:08AM
(#16583328)
Oh no it won't, that genie isn't going back into the bottle. Cryptos are here to stay, and they will continue growing for decades.
[dead]
Re:Google will ban all cryptocurrency-related advertising
by nukeop on Wednesday March 14, 2018 @06:16AM
(#16583590)
This is a post of somebody who regrets missing the train
Re:Google will ban all cryptocurrency-related advertising
by deadmetheny on Wednesday March 14, 2018 @09:58AM
(#16584757)
Shoulda bought more Beanie Babies when they were just sitting around in gift shops as well.
Re:Google will ban all cryptocurrency-related advertising
by herbst on Wednesday March 14, 2018 @09:32AM
(#16584595)
I don't understand the strong negative opinion some people have. Sure we all could be millionaires but on the way we develop mathematically proven distributed information and now even computing systems (like eth) that will definitly help to shape the future in one way or another.
I made money and lost money with crypto. However i dont care because I love the Technologie. Who wouldn't?
Re:Google will ban all cryptocurrency-related advertising
by tobltobs on Wednesday March 14, 2018 @03:49AM
(#16583056)
Facebook already has:
https://techcrunch.com/2018/01/30/facebook-is-banning-crypto...
Re:Google will ban all cryptocurrency-related advertising
by raverbashing on Wednesday March 14, 2018 @03:56AM
(#16583083)
> In principle ASIC ETH or Monero ASIC mining is _possible_. I expect someone will eventually make ASICs with the required memory integrated into the chip.
Yes, it is, and you don't need the memory integrated into the chip
What I find most disturbing are all the self-appointed "experts" who offer classes in which they will teach their "system" that they claim will guarantee the students collossal returns on very small investments.
However there are lots of ads that I'd like Facebook to keep. Many of the ICO (Initial Coin Offering) ads are from legitimate startup companies who hope to finance their new businesses by selling tokens at a fixed price for a limited period of time.
But I only want just the _legitimate_ ICO ads to remain. Unfortunately there are plenty of ICO scams. It can be quite difficult for a newbie to determine the difference.
I had a good experience with my first ICO - I bought NAGA at $1.00 then after it was listed with an exchange, I sold it at $3.00.
I have three other ICOs that I plan to hold until the companies behind them become profitable.
Note: "sold". I have a special hatred for the word "HODL".
There are other kinds of crypto advertising that I feel should remain. I'm very happy with my Bitmain Antminer L3+ LiteCoin mining rig.
Even with mining rigs there are scams: Etherium and Monero are both "ASIC resistant" because mining them requires quite a lot of memory. They both require GPUs.
In principle ASIC ETH or Monero ASIC mining is _possible_. I expect someone will eventually make ASICs with the required memory integrated into the chip.
But there are _no_ ETH or Monero ASIC rigs _yet_. Despite this, scammers are endlessly posting on message boards that their "company" - perhaps "shell company" is a better term - has ASIC Etherium rigs for sale.