They can keep their Bloatware, I will install my own wallet, not connected to Bitmain.
Topic: China and Bitcoin taking vows again? (Read 206 times)
They will be using the BTC.COM wallet and we know who is behind that, right? Yes you guessed it, Bitmain Technologies. So for the conspiracy theory buffs out there, this one will be a good topic for world domination. Will they also slip in some code to give Chinese users a little advantage over the rest of the world, like they did with the mining?
They can keep their Bloatware, I will install my own wallet, not connected to Bitmain.
They can keep their Bloatware, I will install my own wallet, not connected to Bitmain.
What do you make of it, will prices rise (my guess yes), or a ploy to sell their product?
To start with, I think price will soar soon for this news. But truth be told - To Hell With China!Its just a wallet. China has NO ROLE in this. Don't mislead users to something that is not exactly true. China has not entered the markets,this is mere FUD. China has nothing to do with this,as Hauwei were on its own,by just pre-installing a software on their phones. China has still imposed regulations and has still banned crypto.
I guess you meant FOMO, not 
Huawei's BTC wallet is open to users outside China! BTC is forbidden in China!
This is just a marketing strategy for huawei's mobile phone, which can attract people's attention only if it is related to the block chain in this era.
This is just a marketing strategy for huawei's mobile phone, which can attract people's attention only if it is related to the block chain in this era.
We all know for a very long time China has been up in arms against bitcoins, it used to a bitcoins friendly country and suddenly they changed the rules and brought in regulations. Today one of the biggest manufacturers of mobile phone i.e. Huawei is pre installing btc wallets in their phones and that's a huge development and if I must say the Chinese are back with a bang. I'm expecting this shall surge the prices in the coming days.
Link for your reference: https://cointelegraph.com/news/huawei-releases-bitcoin-wallet-in-app-store-pre-installed-on-all-new-smartphones
What do you make of it, will prices rise (my guess yes), or a ploy to sell their product?
Link for your reference: https://cointelegraph.com/news/huawei-releases-bitcoin-wallet-in-app-store-pre-installed-on-all-new-smartphones
What do you make of it, will prices rise (my guess yes), or a ploy to sell their product?
China right now is biggest market in the world. I hope China government allowing bitcoin or cryptocurrency transaction and if they allowed, I am believe cryptomarket will rising again and back to highest market cap.
I think huawei or china's manufacture just see the opportunity in cryptomarket, but they should be have a trust on crypto, thats why they make bitcoin wallet pre-installed on their phone
If i'm not wrong,huwai is from Korea and huwai installing bitcoin wallet has nothing to do with increase in the adoption of bitcoin.
Its just a wallet. China has NO ROLE in this. Don't mislead users to something that is not exactly true. China has not entered the markets,this is mere FUD. China has nothing to do with this,as Hauwei were on its own,by just pre-installing a software on their phones. China has still imposed regulations and has still banned crypto.
I personally don't think so. People are used to buying phones with lots of bloatware in it(those apps that are there that you can't uninstall, and that you never actually use). This bitcoin app they're adding just might fall unto the bloatware category. Yes, it's going to be there and people are going to see it. But I don't think much people would actually act on it and be curious about it. Any publicity is good publicity though, so I'd still say this is good news.
In the article mentioned that the pre-installed wallet is from BTC.com's wallet so it might be secured though it might be not since I don't use their wallet and no experience at all but still a good news.i think this is a good news because when company like huawei advertising for bitcoin most of people in china invest into bitcoin and value of bitcoin is increased day by day.
Just don't forget that China banned cryptocurrency including bitcoin. So I don't know how Huawei had come up this idea since they know about the rules and law on their country about cryptocurrency since they are china-based.
Great news for crypto lovers. This is one way of marketing their smart phone. Nice strategy.
This is a good news. There are two sides here. (One), Chinese companies do it for their business. They come in the market of all the countries of the mobile world. They are just trying to hold that market. (Two), they may have been aware of Bitcoin, so it is thinking of using it. But nowadays it is not good to make transactions now.
We all know for a very long time China has been up in arms against bitcoins, it used to a bitcoins friendly country and suddenly they changed the rules and brought in regulations. Today one of the biggest manufacturers of mobile phone i.e. Huawei is pre installing btc wallets in their phones and that's a huge development and if I must say the Chinese are back with a bang. I'm expecting this shall surge the prices in the coming days.
Link for your reference: https://cointelegraph.com/news/huawei-releases-bitcoin-wallet-in-app-store-pre-installed-on-all-new-smartphones
What do you make of it, will prices rise (my guess yes), or a ploy to sell their product?
They worked well as legally so illegal, but still some sort of potential connection, meidou them of course there is, so don't even deny watching the development of this theme. Link for your reference: https://cointelegraph.com/news/huawei-releases-bitcoin-wallet-in-app-store-pre-installed-on-all-new-smartphones
What do you make of it, will prices rise (my guess yes), or a ploy to sell their product?
“It’s a good opportunity to tap into the Chinese market. The use of cashless payments with apps is very big and the traditional banking system is lacking, so there’s a good use case for crypto payments to grow there. I like this statement in the made. I still believe whether they come in or not Bitcoin will do well... Presently dropping again but we should set our mind.. That it will surely goes up again. So we should take up this opportunity to buy and hold for more massive profit.
i think this is a good news because when company like huawei advertising for bitcoin most of people in china invest into bitcoin and value of bitcoin is increased day by day.
Here's the original article that started the news. They changed the wording after a couple hours.
https://www.bloomberg.com/news/articles/2018-05-10/huawei-is-about-to-give-chinese-users-easier-access-to-bitcoin
Here's someone who took a screen shot of the original article before the edit: https://twitter.com/Beautyon_/status/994673137370501120
Basically, Huawei will now offer a BTC wallet in their appstore. The price will definitely not surge because of this news.
https://www.bloomberg.com/news/articles/2018-05-10/huawei-is-about-to-give-chinese-users-easier-access-to-bitcoin
Here's someone who took a screen shot of the original article before the edit: https://twitter.com/Beautyon_/status/994673137370501120
Basically, Huawei will now offer a BTC wallet in their appstore. The price will definitely not surge because of this news.
It's good news. But most of their customers are not Chinese. However, I expect cryptocurrency awareness to rise as a result of this, thereby leading to price increases. But the main issue is yet to be solved: immunizing investors and holders against FUDs. Look up the charts today. They're all red 
We all know for a very long time China has been up in arms against bitcoins, it used to a bitcoins friendly country and suddenly they changed the rules and brought in regulations. Today one of the biggest manufacturers of mobile phone i.e. Huawei is pre installing btc wallets in their phones and that's a huge development and if I must say the Chinese are back with a bang. I'm expecting this shall surge the prices in the coming days.
What do you make of it, will prices rise (my guess yes), or a ploy to sell their product?
A company in China is pre installing bitcoin wallets does not mean that the government is accepting the new market, i am really not sure why they wanted to crack down the entire market when they were planning to regulate the exchanges last year and i do not understand what happened after that, this news wont make any changes in the market because it is just a company seeing the trend and adding new application. What do you make of it, will prices rise (my guess yes), or a ploy to sell their product?
We all know for a very long time China has been up in arms against bitcoins
they managed to get the price of bitcoin to fall every time they put their hard rules
I'm expecting this shall surge the prices in the coming days.
I do not think it will cause the price to increase in the next days
The way i looked at it, its one of the good thing these days. because of this people are no longer thinking the bad side of Bitcoins it is because another big company like Huawei is adopting it to their technology.
this may be another way of thinking, but it will not increase much demand for bitcoin and we need a lot of demand, we need people to buy bitcoins, we need people to be interested in bitcoin technology
We all know for a very long time China has been up in arms against bitcoins, it used to a bitcoins friendly country and suddenly they changed the rules and brought in regulations. Today one of the biggest manufacturers of mobile phone i.e. Huawei is pre installing btc wallets in their phones and that's a huge development and if I must say the Chinese are back with a bang. I'm expecting this shall surge the prices in the coming days.
Link for your reference: https://cointelegraph.com/news/huawei-releases-bitcoin-wallet-in-app-store-pre-installed-on-all-new-smartphones
What do you make of it, will prices rise (my guess yes), or a ploy to sell their product?
I do not really expect too much from this news, because it could be that the market Huawei wants to take is not a market in China but outside of China, because it could be the terms and conditions set by the government of China will not change them is about Banned ICO and cryptocurrency... Link for your reference: https://cointelegraph.com/news/huawei-releases-bitcoin-wallet-in-app-store-pre-installed-on-all-new-smartphones
What do you make of it, will prices rise (my guess yes), or a ploy to sell their product?
wow this is great news , this is more proof that bitcoin has etched a position for itself in the "new" financial sector that is currently under development. what adds to the value of this announcement is the fact that its a Chinese company that's making these items , suggesting that maybe China's stance on bitcoins may be changing slowly but surely and this would be great for bitcoins because the Chinese people are huge investors in the crypto world and therefore full acceptance would mean a tremendous increase in coin prices as people would now be able to freely invest.
I think this is good news for bitcoin. I am sure those who use huawei phones in China will be curious about the bitcoin wallet in their phones. And this could attract more Chinese to invest in bitcoin.
Today one of the biggest manufacturers of mobile phone i.e. Huawei is pre installing btc wallets in their phones and that's a huge development and if I must say the Chinese are back with a bang. I'm expecting this shall surge the prices in the coming days.
What do you make of it, will prices rise (my guess yes), or a ploy to sell their product?
What do you make of it, will prices rise (my guess yes), or a ploy to sell their product?
I personally don't think so. People are used to buying phones with lots of bloatware in it(those apps that are there that you can't uninstall, and that you never actually use). This bitcoin app they're adding just might fall unto the bloatware category. Yes, it's going to be there and people are going to see it. But I don't think much people would actually act on it and be curious about it. Any publicity is good publicity though, so I'd still say this is good news.
Jump to: