After Galaxy S10, next is Samsung Coin? - page 2.

futile-resistance

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Quote from: Bttzed03 on April 24, 2019, 11:03:16 AM

Coindesk published a REPORT that Samsung may soon issue their own token (Samsung Coin). It is still not confirmed yet but news like this are most welcome. Let's see how things unfold.

Quote

Currently, we are thinking of private blockchain, though it is not yet confirmed. It could also be public blockchain in the future, but I think it will be hybrid – that is, a combination of public and private blockchains.

I heard same this morning and I am not surprised a bit about this, Samsung is a company that have studied the Blockchain and know that the future is heading that way, this is why they are doing everything possible to make sure that they are part of the big companies that adopts crypto on time before we begin to see the economic crisis that will crash a lot of big companies that don't have any base on the Blockchain, what their doing is a smart move and I commend them for it, I hope other companies learn from them.

starblocks

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Facebook, JP Morgan, Telegram, and now Samsung and Nike? If major brands such as these are beginning to adopt these types of technologies and create trendy new use cases for them it won't be long before they hit the mainstream and become more widely used in everyday life which will be a big plus for the entire cryptocurrency industry

Andrey13101991

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Quote from: bitcoin31 on April 27, 2019, 08:25:42 AM

If they create samsung coin and they have good benefits to the cryptocurrenxy why not? But if they have bad effects to the crypto maybe they not create the coin. But we know samsung supported cryptocurecy so I don't see any problems with the samsung coin.

I do not think that this coin will just be needed by anyone. its use will be very narrow. so I think that this coin will be useless

bonker

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Quote from: anatolij.shishkin on April 27, 2019, 08:10:26 AM

After the failure of the last flagship smartphone, I do not think that they will be written off with cryptocurrency. You need a lot of money to develop. And when you constantly fail, then investors may have questions about cryptocurrency. Samsung now need to work on its reputation.

Which smartphone your are talking about? Samsung S10+?

I don't think that mobile is a failure which already beat its rivals on specs and performance but sooner they will be in back when rivals launch new mobiles.

bitcoin31

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If they create samsung coin and they have good benefits to the cryptocurrenxy why not? But if they have bad effects to the crypto maybe they not create the coin. But we know samsung supported cryptocurecy so I don't see any problems with the samsung coin.

naska21

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Samsung has cemented its place in the world as major player on hardware market but very little is known about its creativity in software development. IMO, new "branded" coin is not necessarily an easy task, as the blockchain technique had been in existence for 10 years and company should not see it as a "guardian process" in its core business strategies.

anatolij.shishkin

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After the failure of the last flagship smartphone, I do not think that they will be written off with cryptocurrency. You need a lot of money to develop. And when you constantly fail, then investors may have questions about cryptocurrency. Samsung now need to work on its reputation.

futile-resistance

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Quote from: Davian144 on April 26, 2019, 01:12:03 AM

Samsung company is a big company where their products are very well known in the world of electronics, so it would be very easy if they want to make digital currency coins to be introduced to all people, hopefully this can be realized.

Samsung involvement in blockchain technology will really make a difference in the blockchain industry, we can imagine how much Samsung makes on a yearly basis using fiat, if the entire fund they make through fiat can be channeled to cryptocurrency market, and crypto market cap will really be set to witness a very high increase in total crypto networth.

Companies like Samsung are some of the major large scale corporate that is required to create the bull run necessary and I can see there are projects being developed like this that might get into the market soon.

Genemind

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It's like the same news as Facebook coin. Since Samsung is popular, I guess a huge number of users would also adopt and support their coin. However, it's still an unconfirmed news.
I don't think samsung would focus on having their own coin rather than focusing on their products.

Caladonian

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Quote from: EastSound on April 27, 2019, 01:53:43 AM

Quote from: ?? on ??

Hello so youre saying Samsung is greedy?

Ofcourse, businesses aren't a charity organizations. If Samsung was successful in making their own coin and made a good profit from it, We should expect that greedy corporations that doesnt really have no interest in improving the cryptospace will try to make it as a cash cow.

Just like the ICO hype situation, there were projects that are backed by companies made their ICO and after collecting free-money they disappeared.

Hopefully they are serious about developing this coin, the business name already a good guarantee that the project will materialize, samsung can open doors to other companies that will also embrace the blockchain system, they can take every advantages that they have as the coin can target different functions around the economy, with high hopes that they will not turned everything as milk and butter business but helping the community to be more developed after some years of functionality.

Burogh

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COVIR.IO

Quote from: steveabrahams on April 27, 2019, 01:43:30 AM

Quote from: Bttzed03 on April 24, 2019, 11:03:16 AM

Coindesk published a REPORT that Samsung may soon issue their own token (Samsung Coin). It is still not confirmed yet but news like this are most welcome. Let's see how things unfold.

Quote

Currently, we are thinking of private blockchain, though it is not yet confirmed. It could also be public blockchain in the future, but I think it will be hybrid – that is, a combination of public and private blockchains.

It's a huge news for cryptocurrency world, if that really happened and success, i'm sure it will boost the cryptocurrency market and make it green again. Sadly it's still not confirmed, btw any new updates for this news? It's really big if that really happened, samsung is a big company dude.

Hopely Samsung make official announcement about this. From what i am read, samsung coin will run in ethereum blockchain and i think its good for crypto industry. If Samsung start to involve in cryptomarket, i am believe many big company will involve too and this is good news for crypto market if really happen

EastSound

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Quote from: ?? on ??

Hello so youre saying Samsung is greedy?

Ofcourse, businesses aren't a charity organizations. If Samsung was successful in making their own coin and made a good profit from it, We should expect that greedy corporations that doesnt really have no interest in improving the cryptospace will try to make it as a cash cow.

Just like the ICO hype situation, there were projects that are backed by companies made their ICO and after collecting free-money they disappeared.

steveabrahams

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Quote from: Bttzed03 on April 24, 2019, 11:03:16 AM

Coindesk published a REPORT that Samsung may soon issue their own token (Samsung Coin). It is still not confirmed yet but news like this are most welcome. Let's see how things unfold.

Quote

Currently, we are thinking of private blockchain, though it is not yet confirmed. It could also be public blockchain in the future, but I think it will be hybrid – that is, a combination of public and private blockchains.

It's a huge news for cryptocurrency world, if that really happened and success, i'm sure it will boost the cryptocurrency market and make it green again. Sadly it's still not confirmed, btw any new updates for this news? It's really big if that really happened, samsung is a big company dude.

EastSound

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Quote from: nreal on April 26, 2019, 10:25:30 AM

Good news, I hope that when the Samsung coin is released it will entice other big companies to enter the crypto market.

There are big companies involved in cryptocurrency already and they have been investing millions of dollar in blockchain and exchanges.

Quote from: Bttzed03 on April 24, 2019, 11:03:16 AM

Coindesk published a REPORT that Samsung may soon issue their own token (Samsung Coin). It is still not confirmed yet but news like this are most welcome. Let's see how things unfold.

Expect greedy corporations to make their own coins to get free money.

nwosuchristabe2

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There are many rumours dominating the cryptocurrency space ranging from the Facebook coin, to the Samsung coin. Most of these information are not verified and are barely true.

GregH37

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Quote from: Bttzed03 on April 24, 2019, 11:03:16 AM

Coindesk published a REPORT that Samsung may soon issue their own token (Samsung Coin). It is still not confirmed yet but news like this are most welcome. Let's see how things unfold.

Quote

Currently, we are thinking of private blockchain, though it is not yet confirmed. It could also be public blockchain in the future, but I think it will be hybrid – that is, a combination of public and private blockchains.

Wow, another coin to do what? We just keep piling up so many utility coins in the market that are of no much use and will not grow. I know they have large fan base but it doesn’t mean that all their fans will accept to use the coin and moreover, they can only use it to purchase Samsung products.

Since they have already choosing to develop the wallet on the phone based on ethereum, they would have as well just go into partnership deal with ethereum instead of creating another coin, now we have to still start swapping some tokens or Fiat to Samsung coin again to be able to have access to their products. Well, lets wait and see the outcome.

melomanskiy

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Such a giant as Samsung can easily take a leading position in the cryptocurrency market. Another question is how to implement it without losing the client base, so that everything is simple and understandable for ordinary users.

SRKNGL

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Files.fm - Store, Share and Sell Files

In terms of awareness, the addition of wallets to the S10 was a nice development. But I don't think they're gonna go into coins for now.

elitemobb

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I read this news and if honestly she really surprised me such a big company like Samsung decided to enter the cryptocurrency market, which once again confirms the interest to the cryptocurrency of major players.

Esterklu

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As i see , they are going to develop own payment app, built in into all Samsung devices, and the token should become a money for this app. So, one more centralized pseudo crypto will appear.

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