Bitcoin Forum

Recently Microsoft Taiwan announced its partnership with Digital China and Hot Cool in the hope that the three companies can use blockchain technology to improve the financial, e-commerce, entertainment, and other industries.

The collaboration will combine Digital China’s Digital DADA, Microsoft Azure Blockchain Workbench, a blockchain cloud technology platform, and Hot Cool’s MSP. Azure Blockchain Workbench gives blockchain developers a pre-built network and infrastructure, which supports Azure’s blockchain network with Azure Active Directory, Key Vault, and SQL Database.

From my point of view i think this wil bring the bull market earlier than we think before the end of the year because there will be massive pump of money into the crypto market as big company like Microsoft partners in blockchain enterprise.

I think this is one of the best collaborations in the global digital crypto space. The synergy with these giant businesses will actually bring the bull market very early. Thanks for supplying us with this powerful information.

No. Blockchain is a database. Or a way to make database. Blockchain is not Bitcoin, nor cryptocurrency.
Microsoft is already pushing for some time its tools in this area. The news is much better for Microsoft than for Bitcoin community. And it would not affect the price of cryptocurrencies at all.

I believe that this means that soon the market will begin to change and form a bullish trend ;)

I think they only focus on blockchain because maybe blockchain technology can be applied in today's business technology. If they are willing to accept bitcoin as a means of payment there may still be the possibility of pushing the bitcoin price.

Thanks for the enlightenment and contribution anyway. But in my own small opinion I think people seeing a big company like Microsoft partners in blockchain enterprise, they will have more confidence to invest in cryptocurrency and this will make more money pump into the system. This was what i meant in the earlier post.

I understood what you meant. But even Bill Gates is officially against Bitcoin (for now). I don't see Microsoft giving people more confidence in cryptocurrencies.
And more and more news try to educate people into "Blockchain is not Bitcoin" exactly to give more "legit" look to their blockchain projects.
At least this is how I see the things. People don't have to agree on everything, but I think that you should not invest too much hope in Microsoft.

But no worries, Bitcoin can rise without their help. It did in the past too.

Some giant companies has announced to merge together and invest in the block chain technology to improve in the field of electronic, entertainment; this is stated by the original poster. There is a conflict whether this will bring the bull market earlier, if this project doesn’t touch the crypto currency market this will have no effect on the arrival of the bull market.

I think Microsoft is interested only with the recent technology of blockchain, they want to take part of it because of the popularity created by crypto, besides blockchain technology is getting more apppreciation without the collaboration of the software giant, it not make sense I think.

Definitely, involvement of big players on Crypto market will help in mass adoption of Crypto. With famous companies involvement the process will be much faster than we can even imagine. For example if Amazon or Facebook  enter the market it will bring many others as well and the market will rise parabolic like last year did.

As we can see big markets come up with huge transactions of the crypto currency. So it is obvious that if big markets involves in the crypto it could make the bull market come earlier.

Bull market is going to be achieved if we are able to get a big exposure to the market.
For an example, if a small company decides that it sees bitcoin as a legal tender- then we might get enough exposure to have a good amount of hype that might drive us higher.

A big company involvement won't change much, there are already big companies involved in the cryptocurrency market and it's not like it changes the situation a lot.
A big company involvement might be good for the very short term- but won't do a lot to a 200B$ market.

Very interesting news. If this big company like Microsoft enter into the market the market will surly pump up and people will able to trust the market and by this I believe that the market condition will rise up. Moreover, I also believe that soon the market will become a bullish market and it will be within 2018.

This could be possible. If this really happens, it would be great for the cryptocurrency community. With the big companies involvement, the market might soon be in a bullish trend.

It was the hedge funds last year whose involvement increased the market in a dramatic way. This year too a lot of funds are said to be planning to get into cryptocurrency. But we need a better and sustainable investment that can only be possible from large companies and financial institutions.

If the giants invest or get involved in the crypto currency market, it is indeed a good news for the people there. It just means that the market is getting more popular and will draw investors from the commercial sector of the industry. This will have the potential to improve the market.

Don't agree with you one bit. You do realize that this is a very sensitive market which is sensitive to the slightest of human emotions, don't you? You are also forgetting the power of a company like Microsoft which can single handedly reverse the bear market into a bull market overnight. The assessment by op seems accurate and I am expecting this particular collaboration to help the cryptocurrency market in general even though Bill Gates views crypto in a negative manner.

Yes, first of all, the cryptocurrency will flood into more funds. More groups will know and understand the cryptocurrency. This is all healthy. At present, many people do not recognize cryptocurrencies. Once these big companies join, they will dispel their concerns.

We should be shopping for promising coins right now since there are lots of good news that could possibly make the market bullish in the near future. Hope that those companies will pour their wealth into crypto and make a bullish market before the end of year 2018. I would somewhat believe now in the predictions that by next year 2019, the market will be bullish again if we can see some signs of bull before the year ends.

what the "companies" specially the big ones with big names do is that they get involved with the technology no the projects that use that technology aka altcoins.

these centralized companies want control, so they don't want to use something that is out of their control. if they do anything with the blockchain technology that would be creating their own cryptocurrency or public ledger for different purposes.

this will never have any effects on the price for real. you may see some hype out of it but that is about it.

I have the same opinion on this matter, Not because the large companies are using the blockchain technology it really doesn't mean that it affects the flow of the cryptocurrency.
Cryptocurrency is all currencies with a different value, not unless the large company is willing to create their own currency it will really not affect the market of the crypto.

If all these big wing invest into cryptocurrencies there is no way we would trade bitcoin below $100,000. Bbecouse the mass will build confidence on it and many people that has lose hope on bitcoin and others cryptocurrencies will come back into cryptocurrencies.  Investment into cryptocurrencies market is our future.

If a large company participates, I think it is a good thing. From a technical point of view, it may combine the blockchain. From the point of view of the cryptocurrency market, it will drive funds and bring good market conditions to the market.

Sometime yes they do and sometimes no they dont at all. The reason is they may inevst in the blockchain technology and not the crypto currencies thus crypto coins may not get invested or may not hype due to this. Th blockchain however will get benefited from this always because they will be investing heavily into the technology which runs over it. They may modify it, clone it and upgrade it to the next level thus may benefit it a lot. Yeah if they have the new investment coming into the projects which will be using the bitcoin or altcoin payment system or their portals to help their project grow then yes crypto coins can get benefited easily.

Crypto market is a profitable site for invest. That’s why so many big companies are connecting with this market. It’s a good news for this market also. Because for this reason market demand will increase and we all know if demand increase then it will profitable for the investors.         

In any case, this is good news for the crypto-currency market, more and more often world-famous technology companies sign partnership agreements on cooperation with the blocking companies and this positively influences the market, new investments are made to the market of crypto-currencies.

Partnerships are like the same event as other crypto's are doing.

They are investing to blockchain technology, we may expect a bull market but when everything comes together at the same time better not to expect it so you won't be disappointed.

this is true and its a great news for the crypto world. when these giant companies pump money into crypto by partnering then we are definitely going to experience a very sharp  bull run in the crypto market.

I think that the cooperation of such large and developed companies can bring good results to the entire crypto industry. This is good news for the crypto market. Such cooperation can help the crypto market to grow.

The problem is that we have already seen big company involvement and it hasn't really garnered a significant movement in the market as a whole.  Maybe if it keeps happening more and more the market will respond but as long as we keep seeing limited announcements we will only see limited market responses.  There are bigger forces at work than merely a few various big companies announcing collaboration. 

Of course it is good to see these news releases.  But it needs to keep coming and we also need to see a better control of security because for all the hundreds of new collaborations it only takes a few billion-dollar heists, scams, etc to spoil it for those who might be interested in crypto. 

The data seems to suggest that we are still recovering from the mania of late 2017 and, from what I can tell this won't fully subside until at least the end of 2018. However, there are a whole wave of institutional class custodial solutions that are hitting the markets now. Some of this stuff will be coming end at the tail end of the year. But I don't think they'll really be truly ready for the big time until sometime next year.

A lot of that money will probably help stem the current downward trend and steady it off. Perhaps we will start to see some long-term growth again in early 2019. Institutional investors are a conservative bunch. Their involvement will be gradual. And announcements will most likely bring small jumps, but as there are more and more announcements, even an Amazon coin won't be seen as big of a news (unless Amazon made this announcement now, which I seriously doubt will happen soon).

As we contemplate distribute away stock exchange reference up with brobdingnagian actions of the crypto up-to-dateness. So it is apparent that whether distribute away stock exchange cover in the crypto it could make the cop away out market reference earlier.