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Topic: Major technical companies and Crypto - page 3. (Read 743 times)

hero member
Activity: 1274
Merit: 516
May 07, 2019, 09:24:22 AM
#37
It depends on their product they can make whatever they want but in the end the users will make decision and usually the coin that makes by the major companies wont be decentralised and need a bunch a document to used, but it will good if more big companies making new coin, more rivalry means more quality product
legendary
Activity: 3668
Merit: 6382
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May 07, 2019, 08:42:44 AM
#36
They don't care about cryptocurrencies. They all try to make more money.

Facebook may issue either a stablecoin, either some payment method only for their services and games, something that will allow them to cut some costs and maybe pay less taxes too.

Samsung goes into multiple directions: makes chips (for wallet security and maybe ASIC too), sells smartphones that can act (more or less) like hardware wallets and maybe makes his coin too for reasons similar to Facebook's.

The only good thing could be that their attempts adds legitimacy to crypto coins and increase the awareness. I think that they don't intend to make "one coin to rule'em all". I think that Bitcoin will remain "the master" for quite some more time.
hero member
Activity: 840
Merit: 516
May 07, 2019, 08:30:21 AM
#35
If you look at the companies you have mentioned here, you will realized that they are very big players in the world of technology, their involvement in the cryptocurrency market will be one of the biggest boost for the market, just Imagine the effect of what the fund being raised by Facebook will have on the cryptocurrency market.

This step they have all taken is really a great one and I am sure that they will become a master of it, but they might never get close to becoming Master like Bitcoin. I see Facebook competing with ethereum and getting, more adopter of cryptocurrency for the market than any other project that has ever existed in the market apart from bitcoin.
They will be master in their own space I agree with you because they are already big firms but that doesn’t mean that Facebook will be able to contend with Facebook in the market. Looking at ethereum is a payment system created to serve the need of people and merchants generally, so anyone can use ethereum as payment system for their product.

All these Facebook coin, Samsung coin will only be utility tokes to be used internally, that is within their system alone, which might make it a stable coin, so the volume and value needed to push ethereum away might not really be achieve, but they will fully perform well in their space.
hero member
Activity: 924
Merit: 520
May 06, 2019, 11:58:41 PM
#34
The revolution in the blockchain has not yet arrived. I think big companies are paying attention to the blockchain and are beginning to realize the advantages of the blockchain. Investing in cryptocurrencies, I want to know what policies allow them to create? Maybe they will come up with other ways to evade government regulations.

I believe we are part of blockchain revolution which has already begun and is actually happening right now! The interest of different institutions including major tech companies on blockchain technology has never been so keen right now that some of them are  planning to develop their own blockchain projects and harness its power in the belief that it will give significant advantage to the company in no time and hoping  that   other companies will follow suit.
full member
Activity: 546
Merit: 100
May 06, 2019, 09:54:19 PM
#33
I think those companies will succeed in this industry if they have a good marketing strategies and promotion that they will do for their project. Marketing is the most important thing that we need to plan in every investment because this the key to make every project successful. In using social media I think this will become a good project.
member
Activity: 160
Merit: 14
May 06, 2019, 07:04:10 PM
#32

 they can even raise the money within 2 days,

I think it will not take more than one second to sell the whole number for sale there are projects  smaller facebook company and the sale is finished in seconds
legendary
Activity: 2982
Merit: 1028
May 06, 2019, 02:14:14 PM
#31
These are good news for mass adoption of crypto.
Facebook is developing a payment platform with Face coin which will be a stable coin backed by 1 billion $.
If we consider that Facebook has over 2 billion active users monthly this is a very good news for the awareness and usage of cryptocurrencies.
That would helps the industry to gain more interest investors as they will see companies are already getting involved with this market, good news after good news and for sure mass medias will also be aware of this making news about crypto and those companies that begin to adopt the system, always hope for the best from this industry.
legendary
Activity: 2884
Merit: 1117
May 06, 2019, 12:49:02 PM
#30
Hello
All of us have recently seen the interest of major technology companies (Facebook , Samsung , etc...) in digital currencies.
Samsung has included a digital currency wallet in its latest phones , Galaxy S10.
And Now news comes about Facebook starting to raise  1 billion $ for its digital currency project.
Do you think big companies will succeed in crypto?
Will it become the master of it??

I think they should better launch their project plan in accordance to the standards and procedures that are acceptable here on the bitcointalk community. What I am saying is that, they should conduct a proper campaign to raise such big amount of money to fund their project. And therefore, I am willing to join whenever there will be a signature.
Campaign what? Their platform is more than big enough to get them whatever they want without stress, is it Facebook coin that we are even using their platform to promote for other projects, Facebook have over 1 billion users that would really support their project when being exposed to, they don’t even need to go that far, internally, they can even raise the money within 2 days, but because it will be a system developed for the use of people, they may make it go public.

The news of them alone is already adding value to the market in preparation for their full implementation and when they release their product many of their users will full adopt their coin.
legendary
Activity: 3052
Merit: 1188
May 06, 2019, 03:33:32 AM
#29
If you look at the companies you have mentioned here, you will realized that they are very big players in the world of technology, their involvement in the cryptocurrency market will be one of the biggest boost for the market, just Imagine the effect of what the fund being raised by Facebook will have on the cryptocurrency market.

This step they have all taken is really a great one and I am sure that they will become a master of it, but they might never get close to becoming Master like Bitcoin. I see Facebook competing with ethereum and getting, more adopter of cryptocurrency for the market than any other project that has ever existed in the market apart from bitcoin.
full member
Activity: 588
Merit: 104
May 05, 2019, 06:12:41 PM
#28
These are good news for mass adoption of crypto.
Facebook is developing a payment platform with Face coin which will be a stable coin backed by 1 billion $.
If we consider that Facebook has over 2 billion active users monthly this is a very good news for the awareness and usage of cryptocurrencies.
member
Activity: 160
Merit: 14
May 05, 2019, 05:32:46 PM
#27
As I know Jaguar Landrover announce big partnership with IOTA recently.
Amazon announced using Ethereum as a platform for smar-contracts.
Facebook coin tries to make partnerships with MasterCard and Visa.
VK created a cryptocurrency.

Thats all I think from big partnerships that were announced recently.  Wink

you forget Tesla CEO &  SpaceX founder  Elon Musk , he become dogecoin CEO  Grin
jr. member
Activity: 74
Merit: 4
May 05, 2019, 05:17:11 PM
#26
During the year 2018, we witnessed blockchain technology steadily developing to the next stagepite cryptocurrency price decline. The cryptocurrency community is optimistic that 2019 will be the largest year in blockchain history.

This assertion is based on the development of some very promising blockchain projects then I think this big companies has a great chanc to success.
member
Activity: 322
Merit: 44
May 05, 2019, 03:39:10 PM
#25
I think these companies will have a big investment in their projects because of their popularity
hero member
Activity: 742
Merit: 503
May 05, 2019, 02:30:14 PM
#24
I think that such companies will definitely take their place in cryptocurrencies. However, they will not become the kings of cryptocurrency, while Bitcoin is alive.
copper member
Activity: 364
Merit: 1
May 05, 2019, 08:43:39 AM
#23
This is the mass adoption we all hope to see in crypto. If these big companies can come in, the crypto space will shock all who had doubts about it. Even government will legalize it. Let the mass adoption come, big investors and companies, that's what the crypto space needs now.
legendary
Activity: 3094
Merit: 1069
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May 05, 2019, 07:14:29 AM
#22
Hello
All of us have recently seen the interest of major technology companies (Facebook , Samsung , etc...) in digital currencies.
Samsung has included a digital currency wallet in its latest phones , Galaxy S10.
And Now news comes about Facebook starting to raise  1 billion $ for its digital currency project.
Do you think big companies will succeed in crypto?
Will it become the master of it??

Everyone in the world has realized the future is of blockchain technology and crypto.
Tech giants would always be keeping their eyes open for anything new that could make a difference as there is tough competition and a single right or wrong move would make huge difference. Integrating the ecosystem of tech with blockchain would enable both expansion of service as well as dependence on the ecosystem. So, the first one to build a proper ecosystem around blockchain is going to be successful.
The future is IOT in blockchain.
jr. member
Activity: 574
Merit: 1
May 05, 2019, 07:14:11 AM
#21
I think it's a very sensitive questions for people. Because lot of companies start their own currencies, it will take time to attracted investors.whenever bitcoin crypto currency have a good place  create thier heart.
full member
Activity: 798
Merit: 101
May 05, 2019, 07:10:50 AM
#20
The revolution in the blockchain has not yet arrived. I think big companies are paying attention to the blockchain and are beginning to realize the advantages of the blockchain. Investing in cryptocurrencies, I want to know what policies allow them to create? Maybe they will come up with other ways to evade government regulations.
full member
Activity: 896
Merit: 102
May 05, 2019, 06:43:47 AM
#19
Companies from classic world do not want to miss the opportunity to be at the beginning of a revolution in the financial and technical industry.  Smiley
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
May 05, 2019, 06:42:50 AM
#18
so far the only interest that people have shown in altcoins is as an investment vehicle so even if these companies entered the scene they would not be as successful as most of the altcoins that currently exist because since people want profit they will always go towards the looser coins where they can get manipulated easier and pumped more as the result.
nobody is going to use a centralized facebook coin when some other shitcoin is getting pumped 1000% in one week.
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