Bitcoin Forum

Why such large companies do not enter the cryptocurrency market, which can lead to a big push up.

I think if they join it may cause lots of complexities in their company.
They better focus all of their resources to making the company grow even further and stay at the top of smartphone industry.

Dividing their focus to cryptomarket can take their attention in achieving want their true purpose is.

They dont enter crypto world for they own safety, i mean crypto world is unstable. big company like apple etc want to keep their profit. but thats only my opinion though. Maybe they just not like the way crypto work or something.

I think the big companies you've mentioned here and the likes of Facebook/Twitter/Instagram- pretty much anyone with a MASS fanbase/support will be scrutinizing Crypto currency and have probably been monitoring its growth for years.

I don't think they are likely to step in until there is some form of regulation or control. Personally there are simply too many scams and too many chancers at the minute and i definitely don't think this is helping crypto in any way. There are just too many horror stories around for the likes of those companies to attach their name to, this is the reason they are taking a step back (from advertising on their platforms etc) rather than embracing it.

I also think its quite possible that if they did step into crypto, there's a good chance they'd use a 'coin' that is their own rather than one of the several thousand that are floating about at present.

They are afraid of decentralization and volatility.

A company which isn't ready for this feature will not enter into something that they don't know. The big push doesn't exist not only because of those companies, it's part of adoption but it's not the only option that we can have.

These are companies with big reputation in the market. They won't at all like to attach the names of their companies with anything controversial that can be damaging to their own reputation. And how well we know that the crypto currency market has been in so many controversies lately!! Moreover the owners of these companies like Bill Gates leave no chance to disgrace the crypto space by going against the most celebrated crypto assets, like bitcoin. And twitter which was a few months back a kinda forum for the bitcoin exchanges' promotion is now used to a very reduced extent. Even google had also created a FUD in the media by imposing a ban on the crypto ads on the Google and Facebook platform.

A very good question. Perfect indicator of functioning brain.

They mainly dont, because they have a much higher techological compentence than market as an average and they dont want to throw money into air. Even if it at some stages is profitable.

By the way, its the very same reason why companies with HUGE computing power dont invest into digging. They understand its real ROI.

companies like apple,microsoft and other have not enter crypto is because many of them is yet to see the important of it,they are still scare of the future of crypto

It is true that until now large companies like Apple have not entered the crypto, but I think for the future I am sure that they will enter the crypto market, it is just a matter of waiting for time.

Probably, these corporations are waiting for a convenient entry point. And after they will enter the market. The price will begin to grow rapidly.

These statements are both incorrect.

1) big companies are not afraid of decentralization, they even invest there, if the product itself is viable. (Uber, paypal)
2) big companies love volatility, if they can reasonable expect, that its volatile to both end. BTC is not the latter. It was in crazy bubble and will lose its "value", until it will be valued by its real value. That would be close to nothing.

there are companies like this entering the crypto market, I'm pretty sure microsoft were accepting bitcoin at some stage for some of their companies before and I'm pretty sure Apple and other giants will do the same soon

Crypto market still represents too high risk for them. Lack of regulation, high volatility and they feel unprotected. These are big and influental countries that because of their reputation and business they run can't afford such risk.
They can support cryptocurrencies on high level but still don't get fully involved.

Way too much risk, and not worth the effort. Big companies like this struggle to focus on their core mission without the complexity of crypto thrown into the mix.

big company do not want to enter into cryptocurrency because they do not want to involve in something they may not have total control of. safety is another important reason why big companies like apple and microsoft will not use crypto. they fear risk of losing customers and also losing money as well especially when the coin are being banned in some country where they have big market but I think I have read somewhere in the forum that xbox is accepting bitcoin. I do not know maybe this is true anyway.

maybe they are more focus on their product, but i think there is a lot company that join to the crypto world, you did not know about iost? from apple company?

if by "enter" you mean these big companies buy some sort of shitcoin then no it will never happen in a million years because they do not need to invest in any of the shitcoins that you are holding.

otherwise if by "enter" you mean adopt the currencies as a way of payment then it has already happened. since bitcoin is the only currency they are accepting it as payment, at least i am sure that Microsoft accepts bitcoin since  i have tested it.

I think crypto market is too risky now. So Big companies like Apple, Microsoft do not want to suffer those risks.
Second, in traditional markets, they have a large market share and revenues. A small pie and many people are disputing
 like this market, they simply do not want to participate.

Given the evident volatility in the crypto market, these major companies don't enter. But they definitely are using the blockchain technology to bring innovative products/ services just like Microsoft.

Because they know already that no stable profit if they enter into crypto currency market. The big advantage here  is in terms of volume of supply of operating system has to be sold all over the world you know why? Because every person has going to use computer it is operated either microsoft windows or Mac operating system so even if they are not involved of Bitcoin crypto currency they are always getting volume of profit because of Bitcoin user. Am I right?

Why would a company that is already earning a lot of money have to enter or invest on something that is not belong to their expertise? Of course those companies will not waste their time on something that is out of their business. And do we really need those huge companies to push the price of the market? The answer is no. Sure they can push the market but eventually when they want to get their profit they are also the reason why the market will fall. What we need is a mass adoption not those whales.

their company is successful without crypto involving. with many negative news toward crypto it will affect their company. companies or group that need funds mostly run ICOs to supply their project. Apple and Microsoft have a lot of funds.

Apple and Microsoft, i think they have their own personal reasons why they have not enter crypto currency market, their pravacy and terms of conditions need to change if they want to enter crypto currency market.
Their management board need to Agree together to enter crypto currency market because i think Apple, Microcoft are not a one man business.

Well I guess they are taking more of a passive approach right now, and see where all this goes. Imagine crypto wouldn't work for some reason, and lets not forget that there is still a negative image surrounding some coins, so these big companies don't want to risk their reputation. I think they will only enter this space when crypto is a done deal. These companies are not known for releasing "unfinished products" and right now crypto is in it's infancy as we all know, so it can be considered an unfinished product.

Also, I do believe they are working on blockchain projects, but they will probably only announce it once they have something stable to show.

I think it's because super busy companies like apple and others big companies related in the new technology to upgrade new system or new upraded gadgets need to sell in the Market.

In my opinion, they are still studying the market, if not completely, then they will partially join the market. with small investments they will understand the risks of losing their money and risk of losing money, then define whether they want to join the market or not. This was my opinion I could make a mistake.

I think that mahor players are still assessing the current situation before koving in. As you have said they are major corporations or companies if you will and to them this is not just an investment it could either lead them to glory or push out the name that they have carved for success. That is why it is important for them to have an intensive and exhaustive approach first over the cryptocurrency situation before putting their eggs into that basket.

They are not "watching" the cryptocurrency market to see how it goes, they are watching the blockchain technology market. They don't really need to enter in the crypto world other than to accept the customers to pay with Bitcoin. Microsoft did it twice.
The blockchain tech. has much more benefits for them in the long run. Microsoft is already offering solutions with Azure Blockchain as a Service (BaaS) and IBM, as well, has its solution for medium and large companies

Microsoft is already well involved with things like Azure. Their interest in development is ever increasing.

Apple are a hardware company. The software they play with is to sell more hardware.

Why would either bother getting involved in the piece of shit cryptocurrency market? They're not in the business of creating speculative assets.

When the smoke has cleared there'll be tangible uses from the tech this has thrown up. No doubt they'll then make use of them.

I guess might be due to many scams involve in ICO and till now many people still see crypto as a bubble and not a real investment tool and because of all this reasons so they rather be a watcher and does not want to tarnish their reputation.

Apple is ignorant of the fact that crypto is something really important for their financial ecosystem.

Microsoft is already involved with crypto projects.

The company Microsoft corporation promotes crypto projects. For example waves of coin .

In my opinion it's because they don't want to get mess with the laws in their country, besides they are a successful companies already and they can continue it without getting involve in cryptocurrency. This is my own opinion  8).

until the end of the crypto market is not regulated by law and the state! and so far there is no general positive opinion about the crypto market! I think that big companies will not risk their own name for the sake of additional benefits! but all these companies do not hide their interest in the crypto system and all actively apply in the whole business! We must understand that the world is not against the crypto market, it is against the appearance of new coins and new projects, which very often turn out to be scammers! the more why go to a new collection of money, when the company's shares already exist on the stock exchange ?!

The cryptocurrency market is still very young. In addition, large companies are waiting for a good time to enter the market. They prepare the base. In addition, their products are not yet ready.

I think that in the near future apple will enter the cryptocurrency market and earn even more money. This is my opinion

Big Companies like them won't invest in an unstable industry like cryptocurrency. They want security and stability if they will invest in something. They can't afford to put their money into something they are not sure. in short, they don't want to gamble or take any risks when investing.

Well actually microsoft has start to move into cryptocurrency, have ever heard about bakkt? Its a exchange with collaboration of microsoft, nyse and starbuck. A lot of big company soon will enter this market, they just trying to wait the good moment to enter the cryptos space.

There are many reasons why, but one of the largest barriers to mainstream adoption is the price volatility of cryptocurrencies.

So the question is, why do the prices change so much in the first place? It comes down to supply and demand: Most cryptocurrencies have only a fixed total supply, and yet demand for the coins is uncertain and constantly fluctuating thanks to speculation.

We cannot predict what's on the big companies mind. But for sure, they do not want to take a very high risk in cryptocurrency if they knew they it will not give them a constant profit. However, if maybe right now they are not in a crypto investment thing, then later on when they've gathered all positive sides of it, it will change their minds.

Don't be so sure about that because they might be a very hug and high investor in the market but don't want to make their self public..  If Samsung can join the crypto what more of other company.. Even if they are not its just a matter of time they will soon embrace it.