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Topic: Samsung Galaxy S10 Crypto Offering A bullish sign? (Read 590 times)

sr. member
Activity: 2030
Merit: 356
If we are talking about a immediate pump on the price then I would say no, but if we consider that many crypto will slowly used this feature in their smart phone or even wanted to test it out, then will need to buy bitcoin.

And then there are those non-crypto we might turn out to be investors or holders as well, so in the long term if might have swayed a few but I don't think it is the needed catalyst for a bull run though.

The keyword here is 'not immediate', so we really don't know what the effect in the market right now. But since they're going to release in the bearish market, we might see some little push though but not going to be the triggering factor for a bull-run.

Samsung has like 30% of the smart phones market globally though, but I don't think that people will just buy this phone because of its embedded crypto wallets, so it's a long way to go before we can really assess if this move from Samsung will do more good in crypto sphere.


Most buyers of that expensive would probably not mind the feature anyways. And though it's good to see these kinds of features for crypto being integrated by large companies like samsung, you're right that it'll likely have at best  little push. I doubt it can start what everyone's hoping for.

I think many people do not know about this S10 feature. Samsung has a big market already and their new model will be sold massively as per their previous S series model.  Many people will buy this phone because they love to buy latest model of their brand and they will never use that crypto feature being introduced in this phone.
sr. member
Activity: 826
Merit: 265
Hey there, I was just browsing few posts on facebook and I suddenly saw the post by NEWSBTC regarding the Crypto Offering on Samsung Galaxys S10. I just want to ask your speculation on market sentiments. Will this be a positive outlook for the crypto market? Here is the link ttps://www.newsbtc.com/2019/02/21/underestimate-samsung-galaxy-s10-crypto-millions-exposed-bitcoin.
 What do you think?
Samsung has always been a crypto supoorters and now with this s10 series it is looks more compelling from this company to bring good things in crypto world
This safety featurs from this Samsung model will give as confidence in our daily usage of our cryptocurrency and assurance
But lets see whats the effect once this was already used by cryptonians
legendary
Activity: 3808
Merit: 1723
Over the weekend I went down to my local Samsung store to play around with this phone. However the blockchain app, Ethereum, Bitcoin wallet is nowhere on the phone. It's not on the main screen, it's not on the intro even.

I tried searching for the app and couldn't find it. It's not in the default Samsung app folder either.

Hence I don't think this will have any effect on price, since it's not installed by default.
legendary
Activity: 1652
Merit: 1483
https://www.ccn.com/samsung-pay-10m-users-integrate-crypto

According to this it's possible Samsung are considering integrating crypto into Samsung Pay. Now that's a big deal. Since this is the crypto 'press' treat with caution of course but they're quoting a respect South Korean publication.

that would be pretty groundbreaking. it would be an exciting move for them if true and would definitely set them apart from applepay and the likes. but i wonder if it'll be a total flop tbh. if they bring this to market too early, they may get a lot less bang for their buck than later entrants. it's all about timing the crypto hype.

there must be some real crypto believers high up at samsung. i never would have expected hardware wallet integration from a major player like them so soon, let alone samsung pay integration.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
https://www.ccn.com/samsung-pay-10m-users-integrate-crypto

According to this it's possible Samsung are considering integrating crypto into Samsung Pay. Now that's a big deal. Since this is the crypto 'press' treat with caution of course but they're quoting a respect South Korean publication.
hero member
Activity: 2996
Merit: 609
Anyone see the pump it had with Enjin though? That token took off once it was announced that it will going to support them. So it could show sign of bullish signals for some coins, specially alt coins because we know that they're prone to pump-and-dump scheme. But for bitcoin, I have doubts that this new S10 will offering that much bullish signal to begin with.
Not at all and only to those altcoins who do benefit with such partnership and knowing enjin coin is a Korean project which they would normally tied up and we have seen the pump
which is not really new at all.Sooner or later it would dump because its just being dragged with the hype.Talking about BTC or bullish run then I would say this wont really be enough thing to be a catalyst for a bull run but still a good news though.
full member
Activity: 1638
Merit: 122
No sign of bullish run but it offers a great service again using cryptocurrency. A big Korean company has something to say on this and for sure a much bigger companies will also adopt blockchain and cryptos. It is good for Samsung that they’ve already take the first step.

Quote
No sign of bullish run but it offers a great service again using cryptocurrency.

great service ? what do you mean by that ? you mean this helps for the crypto to become popular ?  yes it is  .  there was also a sign of bull run just before the s10 phone came out  . 

Quote
A big Korean company has something to say on this and for sure a much bigger companies will also adopt blockchain and cryptos.

say about what ? you mean the korean phone brands will also adapt crypto ?  yeah maybe  .  other big companies can surely follow the path of samsung because they are afraid to be left behind .

Quote
It is good for Samsung that they’ve already take the first step.

i dont think this can have a good impact to samsung but this can have a good impact to the crypto comunity  .
full member
Activity: 2086
Merit: 193
No sign of bullish run but it offers a great service again using cryptocurrency. A big Korean company has something to say on this and for sure a much bigger companies will also adopt blockchain and cryptos. It is good for Samsung that they’ve already take the first step.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Is that true? You got a source for that?

https://www.reddit.com/r/Bitcoin/comments/ayven2/samsung_phone_does_not_have_blockchain_keystone/

https://www.youtube.com/watch?v=9XWmczWFLts&feature=youtu.be&t=368  lots of comments there about not having it either.

A few other articles have mentioned it too, but you cannae beat whining from Samsung's real customers. It might just be an update away. Who knows?
legendary
Activity: 1806
Merit: 1521
Anyone see the pump it had with Enjin though? That token took off once it was announced that it will going to support them. So it could show sign of bullish signals for some coins, specially alt coins because we know that they're prone to pump-and-dump scheme. But for bitcoin, I have doubts that this new S10 will offering that much bullish signal to begin with.

It's pretty easy to pump a mid cap altcoin. That's all it was. We're a long ways off from a legitimate bull market where anything and everything is pumping. Good luck trading altcoins right now. Anybody lucky enough to be bagholding Enjin with the foresight to get out was just that.....lucky.

As it stands it looks like the phone is shipping to non Korean territories without this wallet feature so for now it's ETH and a couple of shitcoins in South Korea only. That's not exactly earth shattering.

Is that true? You got a source for that?
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
I also agree with you sir as this announcement will make the people learn more about the blockchain technology.
I am not sure any smart phone user will learn about the blockchain technology because they provide an inbuilt wallet, but people will be aware of the market and sure it is a good sign for the entire crypto market and once they announced what all wallets are included which involves a lesser known coin Enjin Coin had a huge rally after the announcement.

In a thread it was questioned whether you'll be going with hi-tech smartphone or bitcoin. Looking at the inbuilt feature of the latest S10 more people, particularly the cryptocurrency users will go buying the high technology smart phone selling bitcoins to experiment the worth of the innovation from Samsung.
Since it is a high end mobile, they are targeting the crypto users and it is a good thing to see a multinational company understanding the market opportunity and trying to take advantage of the situation which is a win win situation for everyone.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Anyone see the pump it had with Enjin though? That token took off once it was announced that it will going to support them. So it could show sign of bullish signals for some coins, specially alt coins because we know that they're prone to pump-and-dump scheme. But for bitcoin, I have doubts that this new S10 will offering that much bullish signal to begin with.

It's a one off for them, not the market in general. You don't really get a bigger endorsement than that, especially if you're a nothing shitcoin.

As it stands it looks like the phone is shipping to non Korean territories without this wallet feature so for now it's ETH and a couple of shitcoins in South Korea only. That's not exactly earth shattering.
hero member
Activity: 2660
Merit: 551
Anyone see the pump it had with Enjin though? That token took off once it was announced that it will going to support them. So it could show sign of bullish signals for some coins, specially alt coins because we know that they're prone to pump-and-dump scheme. But for bitcoin, I have doubts that this new S10 will offering that much bullish signal to begin with.
member
Activity: 217
Merit: 14
In a thread it was questioned whether you'll be going with hi-tech smartphone or bitcoin. Looking at the inbuilt feature of the latest S10 more people, particularly the cryptocurrency users will go buying the high technology smart phone selling bitcoins to experiment the worth of the innovation from Samsung.
hero member
Activity: 840
Merit: 516
Hey there, I was just browsing few posts on facebook and I suddenly saw the post by NEWSBTC regarding the Crypto Offering on Samsung Galaxys S10. I just want to ask your speculation on market sentiments. Will this be a positive outlook for the crypto market? Here is the link ttps://www.newsbtc.com/2019/02/21/underestimate-samsung-galaxy-s10-crypto-millions-exposed-bitcoin.
 What do you think?
We all know that samsung is a good product and brand which implies that they are mainstream, and for them to be able to include a crypto wallet in their mobile phone is a good development for the crypto community, this just mean that crypto is going mainstream and we should expect to see more of this from more companies.

This good move will not just only take bitcoin mainstream, but will cause a bull run in price.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
If we are talking about a immediate pump on the price then I would say no, but if we consider that many crypto will slowly used this feature in their smart phone or even wanted to test it out, then will need to buy bitcoin.

And then there are those non-crypto we might turn out to be investors or holders as well, so in the long term if might have swayed a few but I don't think it is the needed catalyst for a bull run though.

The keyword here is 'not immediate', so we really don't know what the effect in the market right now. But since they're going to release in the bearish market, we might see some little push though but not going to be the triggering factor for a bull-run.

Samsung has like 30% of the smart phones market globally though, but I don't think that people will just buy this phone because of its embedded crypto wallets, so it's a long way to go before we can really assess if this move from Samsung will do more good in crypto sphere.


Most buyers of that expensive would probably not mind the feature anyways. And though it's good to see these kinds of features for crypto being integrated by large companies like samsung, you're right that it'll likely have at best  little push. I doubt it can start what everyone's hoping for.
legendary
Activity: 3080
Merit: 1353
If we are talking about a immediate pump on the price then I would say no, but if we consider that many crypto will slowly used this feature in their smart phone or even wanted to test it out, then will need to buy bitcoin.

And then there are those non-crypto we might turn out to be investors or holders as well, so in the long term if might have swayed a few but I don't think it is the needed catalyst for a bull run though.

The keyword here is 'not immediate', so we really don't know what the effect in the market right now. But since they're going to release in the bearish market, we might see some little push though but not going to be the triggering factor for a bull-run.

Samsung has like 30% of the smart phones market globally though, but I don't think that people will just buy this phone because of its embedded crypto wallets, so it's a long way to go before we can really assess if this move from Samsung will do more good in crypto sphere.
newbie
Activity: 192
Merit: 0
Hey there, I was just browsing few posts on facebook and I suddenly saw the post by NEWSBTC regarding the Crypto Offering on Samsung Galaxys S10. I just want to ask your speculation on market sentiments. Will this be a positive outlook for the crypto market? Here is the link ttps://www.newsbtc.com/2019/02/21/underestimate-samsung-galaxy-s10-crypto-millions-exposed-bitcoin.
 What do you think?

Clearly positive. A great step in mainstream adoption. Other than that, we will see.

I also agree with you sir as this announcement will make the people learn more about the blockchain technology.
legendary
Activity: 3808
Merit: 1723
Is this trying to say that we will be able to buy galaxy s10 for bitcoin officialy? Link you posted is down tho.

As far as I know you can't buy an S10 with Bitcoin. There was a Crypto phone made by HTC a few months back and that one you could actually buy with Crypto but definately not the S10.

Your best bet is just to either sell on an exchange and buy it with cash. Or you can use a service which lets you convert your BTC into a gift card on Amazon and use that gift card to buy the phone.

Just because they added a crypto wallet function, doesn't mean they have started to accept any form of Crypto. Just like Elon Musk is very bullish on BTC, but he doesn't have plans to sell his Tesla's for BTCs.
hero member
Activity: 2842
Merit: 772
If we are talking about a immediate pump on the price then I would say no, but if we consider that many crypto will slowly used this feature in their smart phone or even wanted to test it out, then will need to buy bitcoin.

And then there are those non-crypto we might turn out to be investors or holders as well, so in the long term if might have swayed a few but I don't think it is the needed catalyst for a bull run though.
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