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Topic: Samsung To Accept Cryptocurrencies As Payments- Good or Bad? - page 8. (Read 2006 times)

member
Activity: 560
Merit: 22
In a general sense, it would be amazing if tech giants like Samsung would support cryptocurrencies. It would mean they will adopt it and so do their customers/users.

I can't wait for steps like these, though this particular piece of news intel was not correct. Maybe in the near future? Smiley
hero member
Activity: 2464
Merit: 519
It might look like a good news but has it been verified? The space is full of fake news recently and the link does not have anything to relate with Samsung. We need genuine news for a regular  and high volume trade. The price will not just go up if the demand is not improved and such big platform can be a driving force.
newbie
Activity: 232
Merit: 0
in my opinion that's really good news. if well known company like samsung accepts cryptocurrency as payment it creates a positive sign. That proves how much crypto market are being popular day by day. People are being more interested about crypto market. after heard this news
newbie
Activity: 94
Merit: 0
That's really really good for us. It's nice to see that major entities are embracing cryptocurrency and it's wonderful. Such news boosts the markets
legendary
Activity: 1008
Merit: 1000
Samsung is a company from Korea. I think this move of Samsung is so late. Korea is the country has volume trading top 1 on the world. No trader has experienced didn't know Korea was the country pumped the Bitcoin price up to $20,000 in the past. Even the trending ICO is also a part of their move still happen from the last year till today. So, why a big Korean company accepts Cryptocurrency as payments so late like this?
newbie
Activity: 36
Merit: 0
This very good news for all Crypto lover Peoples.We know Samsung is the top gadget Company in the world.If they involved in crypto new people will know about crypto.At this time samsung but for that next time other big company will accept Cryptocurrency. New people works in crypto.So it is very good news for us
newbie
Activity: 142
Merit: 0
I think it's just fine because this samang gives people more confidence in cryptography, that is, the firm is trusted by the tycoon crypto and therefore it gives a very large advertisement for the crypto, I will not be surprised if Samsung launches his cryptology!
full member
Activity: 392
Merit: 102
How can this be bad? Massive tech-giant will spread the information about cryptocurrencies all over the world. I think it's great news for crypto.
jr. member
Activity: 448
Merit: 1
I think this a good signal that will bring a lot of new IT giants to the crypto market and they will help to adopt crypto to a daily use
member
Activity: 1358
Merit: 81
Samsung has announced that it is not true that it will be accepting payments with crypto in countries Lithuania, Latvia and Estonia.

The entities that could make possible the sale of Samsung devices was CopPay a blockchain platform for payments of cryptocurrencies that accept Bitcoin, Ethereum, Dash, among others and recive EUR, USD without payment fees and a Baltic premium reseller of Samsung.

CopPay provided the solution to add the crypto payment method through its platform to the Samsung reseller, all tests were successfully made. CopPay assures that an agreement was made but the supposed agreement did not come to happy term because Samsung has denied that it accepted payments in crypto in these countries.

You can know the CopPay source here: CopPay’s CEO Official Statement

jr. member
Activity: 364
Merit: 1
I was surfing reddit and I stumbled on this post: https://news.livecoinwatch.com/samsung-makes-cryptopayments-possible/
It says that soon, Samsung, the IT giants from Korea are planning to start accepting cryptocurrencies as means of payments. Is this a right step in the right direction for Bitcoin and Alts alike or is this bad news for us?
It is a good Indication that electronic giant like Samsung will be accepting crypto as a means of payment for their products and services that's a plus for cryptocurrency because more sectors of the world economy will start integrating into the idea of Blockchain technology for payments and I bet it can only get better
member
Activity: 280
Merit: 10
I was surfing reddit and I stumbled on this post: https://news.livecoinwatch.com/samsung-makes-cryptopayments-possible/
It says that soon, Samsung, the IT giants from Korea are planning to start accepting cryptocurrencies as means of payments. Is this a right step in the right direction for Bitcoin and Alts alike or is this bad news for us?

This will increase the amount of use of crypto currency that will affect their cost and popularity. The more crypto currencies are used in payments, the better for the crypto-currency industry.
newbie
Activity: 252
Merit: 0
I think this is a great idea and a very good news. They are starting to see the brighter side of cryptocurrency, ad I'm sure lots of companies will tend to adopt this method sooner or later. Cryptocurrency will be made known throughout the globe with this incentive.
full member
Activity: 658
Merit: 100
This is excellent news for the whole cryptocurrency industry, because Samsung is one of the biggest companies in its sector in the world, and if it starts accepting cryptocurrencies it will favor the knowledge and development of the sector. I hope that his example will soon be followed by many other small and large companies all over the world
jr. member
Activity: 294
Merit: 8
The Premier Digital Asset Management Ecosystem
I think it is good, because these actions will motivate more people to know electronic money and large corporations apply, the user more confidence in the BTC.
sr. member
Activity: 476
Merit: 250
Streamity Decentralized cryptocurrency exchange
Many more big companies that accept cryptocurrency, it will be better for the future of the crypto itself. At least Amazon, Microsoft, and other big industries have accepted the crypto. if Samsung will also accept the crypto as one of the payment methods, it will be very good and profitable for us to make crypto recognized in the world.
full member
Activity: 560
Merit: 100
I was surfing reddit and I stumbled on this post: https://news.livecoinwatch.com/samsung-makes-cryptopayments-possible/
It says that soon, Samsung, the IT giants from Korea are planning to start accepting cryptocurrencies as means of payments. Is this a right step in the right direction for Bitcoin and Alts alike or is this bad news for us?


I have seen and heard about samsung that involve crypto in the phone devices they are marketing, but I'm not sure it will have high power for this time. I think this is just the beginning for the future
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
I still think this news is a fake news, because I haven't found any connection to this news.
Yes, they have announced that they are not accepting cryptocurrencies but they are engaging to crypto related activities. Some of their store partners are accepting it so these hype makers in general made their statements that Samsung is the one that accepts it.
If this is true, it is good news for the market as a whole, because samsung is a large company in Korea, so it is helpful for marketing propaganda.
One reputed company that accepts crypto and has wide influence in the industry has a very large impact in the market.
member
Activity: 154
Merit: 10
Open and Transparent Science Powered By Blockchain
I still think this news is a fake news, because I haven't found any connection to this news.
If this is true, it is good news for the market as a whole, because samsung is a large company in Korea, so it is helpful for marketing propaganda.
hero member
Activity: 1316
Merit: 503
I was surfing reddit and I stumbled on this post: https://news.livecoinwatch.com/samsung-makes-cryptopayments-possible/
It says that soon, Samsung, the IT giants from Korea are planning to start accepting cryptocurrencies as means of payments. Is this a right step in the right direction for Bitcoin and Alts alike or is this bad news for us?
bad news, because if everyone understands about crypto currency will lead to rising prices and I do not have time to buy it when the price is still cheap.
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