I have an adult ad i put up 2 days ago and it says its active but no traffic clicks or anything. I raised the min PPC and the daily rate and still nothing.
If you are promoting "inapropriate" material your ads will not run or won't be shown. Simple as that.
Your campaign is awaiting review. All campaigns related to adult material must be reviewed. Contact Adwords to hasten the process.
adult content requires manual approval. ETA is usually between a week to a month, depending on their availability.