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Twitter banning cryptocurrency ads

Misleading Twitter Account @Bitcoin Banned (Again)

Adam James by Adam James
5 years ago
in News, Altcoin News, Bitcoin, Bitcoin Cash, News teaser
0

Once again, the misleading Twitter account @Bitcoin has been banned from the social media platform.


Bye-Bye @Bitcoin

The intentionally misleading Twitter account @Bitcoin has once again been penalized by the popular social media network — this time, in the form of a suspension.

Users on Twitter may report accounts for, among other things, tweeting spam and/or pretending to be someone else — both of which one may argue @Bitcoin is guilty of. Thus, one may presume these are the overarching reasons for the account’s ban.

Oh snap! @bitcoin ? pic.twitter.com/yGcIcioxC6

— Charlie Lee [LTC] (@SatoshiLite) April 8, 2018

For those who are unaware, the @Bitcoin account actually has nothing to do with Bitcoin (BTC), the dominant cryptocurrency by market capitalization. Rather, the account commandeers Bitcoin’s recognizable brand while pumping out anti-BTC propaganda and shilling the most valuable cryptocurrency’s largely-unwanted step-brother, Bitcoin Cash (BCH). As noted by Badbitcoin.org:

The Bitcoin account on Twitter @Bitcoin has been hijacked or bought by those scoundrels promoting the Bcash (Bitcoin Cash) Scam. Mail Order Explosives, Bitcoin, Scams – They do the lot! 1/8/18.

@Bitcoin is notorious for pumping out Bitcoin Cash propaganda while failing to remain openly transparent about the fact that the account is actually run by alleged BCH shills.

Bitcoin Cash

In March, Bitcoinist reported on @Bitcoin’s propaganda-laced social media poll that blew up in the account’s face. Asked the intentionally-misleading account:

The Bitcoin Core (BTC) community relies on internet hate mobs, trolls, sockpuppets, censorship, DDoS attacks, vote manipulation, harassment and character assassinations.

The Bitcoin (BCH) community is welcoming, supportive, and appreciates freedom.

Which do you prefer?

— Bitcoin (@Bitcoin) March 8, 2018

Bitcoin (BTC) proved to be the overwhelming favorite, despite the BCH scammers’ best efforts to undermine the dominant cryptocurrency. At the time of that story’s publication, 74% of the total 17,437 votes preferred the real Bitcoin (BTC) to Bitcoin Cash (BCH) — not exactly the results @Bitcoin was going for.

Today’s suspension of @Bitcoin is not the first time the controversial account has received punishments from Twitter. The social media website previously restricted the account only days before the aforementioned poll.

Despite all the scammers and shadow banning, something positive happened on Twitter… Can you imagine paying a lot of money for a Twitter account to push your false narrative and that ends up like this: pic.twitter.com/0FWJg6d1d5

— WhalePanda (@WhalePanda) March 7, 2018

At press time, Bitcoin Cash (BCH) is currently trading at $647.11, while continuing to lose ground when compared to Bitcoin (BTC).

Bitcoin Cash’s decrease in price is largely being driven by its lack of utility, with increased SegWit adoption and Lightning Network advancements rendering BCH increasingly unimportant.

What do you think about @Bitcoin being suspended on Twitter? Do you think the account violated the social media website’s rules? Let us know in the comments below!


Images courtesy of Bitcoinist archives, Twitter/@SatoshiLite, Twitter/@WhalePanda, and Pixabay.

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Adam James

Adam James

Adam James lives in Budapest and is the Managing Editor of Bitcoinist.com. He digs Gibson guitars that sound like Tyrannosauruses, Romantic & Victorian poetry, Franco-era Spanish films, LPs, Chelsea FC, Bob Dylan, Pilot G2 10s, black coffee, video games, and cryptocurrency.

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