Breaking News – Facebook Bans Bitcoin and ICO Ads

Facebook Bans Bitcoin and ICO Ads.   CNBC reported earlier today that Facebook is banning all ads that promote cryptocurrencies, including bitcoin, in an effort to prevent people from advertising what the company is calling “financial products and services frequently associated with misleading or deceptive promotional practices.”   That means no advertiser will be able to promote bitcoin, other cryptocurrencies, or initial coin offerings — ICOs for short — this will also extend to binary options, according to a Facebook blog post.   Facebook further mentioned that ads that violate…

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The Craziness of Bitcoin Investors

Crypto fever has gripped the Nation – rephrase – Almost all nations.   People everywhere are gripped by FOMO [Fear Of Missing Out] and want to jump on the bandwagon. The problem is a lot of people are throwing caution to the wind and here some of the risky things people are doing to jump on the Bitcoin bandwagon:   Maxing out Credit Cards to Buy Bitcoin According to consumer group LendEDU, a whopping 18% of people purchased their cryptocurrency with a credit card but most disturbing is that 22%…

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Bitcoin is a Bubble

Many have had their say over the past couple of weeks.  From Jamie Dimon (JP Morgan) slating Bitcoin and calling it a “FRAUD” to James Gorman, CEO of Morgan Stanley, recognizing that Bitcoin is “more than just a fad.”  Now Mike Novogratz, ex-hedge fund manager, formerly of the investment firm Fortress Investment Group says Bitcoin is the largest bubble we will see in our lifetimes.   An excerpt from Bloomberg article “A Crypto Fund King Says Bitcoin Will Be the Biggest Bubble Ever” “Remember, bubbles happen around things that fundamentally change…

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Another Bitcoin in the making?

Bitcoin, Bitcoin Cash and now Bitcoin Gold? Is this really happening? Interesting to note that a number of developers believe there will be more hard forks in the future which will create another “Bitcoin”.   Details are still a bit unclear, however, we are sure to hear more about this developing story.  Let’s keep our eyes on this.   Read in more detail here  Collect your FREE PDF – The Bitcoin Believers Business Manifesto Please leave your questions and comments below: What is EOT?  Learn more by clicking on the…

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