Bitcoin Forum

I'm very excited for the new Samsung S10!! Looks like Bitcoin is at the top. Anyone else waiting to get their hands on this?

"The app appears to support ether (ETH) and bitcoin (BTC) by default, as there are logos for the two displayed in the Blockchain Keystore introduction image. Further, there is a cryptocurrency/token “add” button, so users will presumably be able to use other cryptocurrencies and ethereum-based ERC-20 tokens via the wallet."

https://www.coindesk.com/hands-on-preview-of-samsungs-galaxy-s10-phone-reveals-new-crypto-details

so meaning.bitcoin has been adapted little by little with this big companies. This is a good news especially to bitcoin holders. We can expect a good market price increase as bitcoin market price increases. Just do more patience and wait for some good news and one will not regret holding bitcoin in the near future.

So it become reality now, though I never doubted that news as such but feels good that these phone are launched. Just curious in which countries these phone will be sold.
PS: Do not put a large amount in these wallets, let see first , how secure these wallets are.

I'm one of those who's very skeptics when the rumours came out, but since Samsung confirms it, then this is no longer a rumour.

However, I still have my doubts how secure the crypto wallets are going to be. There could be layer of security, but my concern is that our smart phone most of the time are connected, so vector attack is almost present every time, just saying.

I've already pre-ordered the S10+ and can confirm that they really have the said feature enabled. A few months back when everything was just mere speculation, I didn't believe that they would be able to really integrate the wallet into the said phone. I don't know if the Knox counter would be able to sync with the said wallet, because if so, this will get hackers a hard time messing around getting over with the said security feature Samsung is notorious about. However I wouldn't bank largely at this to cause some hype for bitcoin and crypto, as the hype is still somewhat centered on the device itself. Also, most premium smartphone users won't even care with what's in their phone at all, as long as it's the latest and works.

Samsung is a large company and any affiliation with cryptocurrency would give it a popularity boost, and would also improve trust.
It does not only influence users of the device but general public who reads the news and trusts the company.
Would be interesting to see how other phone companies react.

i wouldn't be so excited about this until i see how it actually works. so far it seems like it is mostly hyped up. i have to check it out first to see if it is even secure or even if it allows us to have full control over our private keys or is it doing some sort of backup crap on the "cloud" messing up the true security of it.
not to mention that i can already have a pretty secure wallet on my android with an open source wallet like electrum and a dozen others.

So it begins!

Samsung has a large user base and I bet most of its users are non-crypto. I hope this make them more curious about BTC or ETH, start learning, then eventually investing.

A Phone that is mostly would cost you almost $2000 USD I really think it is not a great idea to let yourself have one of this phone by just doing a transaction with cryptocurrency, I rather have a more budgeted one with the same quality as this, I rather wait for it than to buy this phone that we don't really know if its really going to improve the security of your wallet,

Samsung long back itself began its participation into cryptocurrency related activities. Slowly they began to have their footprints on real time implementation. As a beginning now they've come up with the initial wallet for ethereum and bitcoin. Other smart phone companies will also begin to have access to cryptocurrencies in the future. Samsung ஹாஸ் made the first step into it.

That's would be a safe bet, cryptocurrency has grown exponentially, but is yet to fully go mainstream, so 'most of any demographic' is likely to not already in the crypto space.
This would present cryptocurrency right at the palm of the user, and would also include a starter pack.
We would have to wait and see how much of an impact it could have, but it would be positive.

yes bitcoin already adapted by some companies around the world since bitcoin become popular and especially when the value reached the highest value of all time. So stop wondering why some popular company nowadays gradually grabbing bitcoin as a payment method because its normal.  Instead adap it as well 'cause in the future it would be regulated around the world because of its potential .  No doubts.

This is a leaked features of the soon to come Samsung s10.
Correct me if am wrong Samsung as a company has not come to elaborate on this officially.
But from every indication it seems true and this would further improve the awareness of cryptocurrency

Might be a good feature in terms of "popularity" as somehow it will kicks the idea of implementing crypto on a platform on other companies as well.

But budget wise, if that is only the feature that people will look for on buying S10, then I see no sense buying it even I can afford to buy it. Playing around $1,500 to $1,600 as I saw in ads here in our country. It also include a free gift of 43" Smart TV.

The phone monster specs is the reason why everyone will order it (aside from they will become popular to their friends lol). I just don't know if people will used the said built-in crypto app in their crypto related transaction since there are more other way around which is more convenient.

How about the other two lower types of S10+ (S10 and S10e)? I cant afford to buy the highest type S10+, if the S10 also bring the same feature in case of  the crypto wallet then I think it is the most affordable price.
Another question comes to my mind, is the features available all over the world. Talk about Samsung, my country is always get the lower Specs in case of the Processor. It is built in Snapdragon 855 in other countries but it will be only with Exynos in my country. Need to wait for a complete review from Indonesian user (especially gadget reviewer).

It sort of. Seem the future is bright for crypto users. I'm currently using an old Samsung unit but if an update can make me test such, I might update the phone in that case.
Big companies like Samsung and all other likes can definitely make adoption faster as we all are using phones. Its not the one I expect to happen actually, I was thinking of popular ecommerce site like alibaba or amazon that will start all these.

You are right in your doubts and we have to deal with these wallets carefully
Better not to use its with large balances at first
do you agree with me
 that such news will be one of the main reasons for adoption
It may speed up its pace.

Yeah, I also remember an article about it this month, but I did not pay much attention then. It's great that they believe it is important for new smartphones to have crypto wallets. It means that Samsung believe in its future, and by building it in the company also contributes to adoption of cryptos. There are obviously way more Samsung customers than crypto users. Many will probably learn about Bitcoin from their phones now. The wallets seem to be safe from description, because one not only needs a private key to access it, but can also protect it with fingerprint requirement, which is really cool, because it protects the wallet in case the phone is stolen... Not sure whether the money will be accessible for the owner in that case, though...

You are absolutely right, this can be a good effect for Samsung S10 users, as users will be curious about all the applications on Samsung S10.

Supporting Crypto by a 'huge' like Samsung is a big improvement for cryptoworld. If the payment system works properly, likely it will also be available in the next models. But, in fact, I wonder will it work fully with decentralized system.

It's a great thing that a large company is starting to adapt it. If this one becomes a hit, other company might as well try this innovation and add this kind of feature. This could also lead to curiosity and more people would try to get to know more about bitcoin.

just so you know  , this is not the first featured phone with built in crypto wallet because there is already a smartphone before ( from an unknown brand ) that has also a hardware wallet in it  .  i forgot the name of the smartphone  but you can use google to find it  , if ever you arent busy in your life .  anyway , this samsung slash crypto wallet is better than the phone that i mentioned above since it is manufactured by a popular and trusted brand  . im pretty sure that this can greatly influence people to start using cryptocurrencies . nice move  ,

It is, of course, very interesting to have in your mobile phone a built-in application with a wallet, in which both Bitcoin and ERC-20 tokens will be together. Always dreamed about it. However, in any case, there is not too much to put coins in this wallet, since such mobile phones will be objects of heightened attention for thieves. I do not think that their owners will keep passwords separately and enter them manually, and the encoding of such information in the phones is too simple.

Well known company implement crypto as their transaction, of course it will boost crypto popularity for sure.
For example with current situation where the most crypto is on green zone or I can said the bounce momentum, Samsung promotion also help and support crypto !

This kind of thing is indeed good enough to be able to improve from the introduction and also the appeal of the public about cryptocurrency. that now cryptocurrency is not as bad as what they see in the news

If I were given a chance to have a smartphone, then the Samsung S10 is what I will wish for. I want to experience how to pay with Bitcoin in that smartphone which will bring a new different level of payment method.

It sounds interesting. But I won't spend more than USD 1000 to buy that phone because what is different from the low and mid-entry android phone? With the budget $500, I can buy a cheap price android, and I can install android phone wallet to save bitcoin and ethereum. It's the same function with Samsung S10 with let say Oppo F9 or the other android phone ;D

But I am curious about this ???:


Where they make a back up for the keystore? Is it in the cloud? Or in the Samsung database? I still prefer to save my private keys by myself since it's hard to believe the third party can guarantee a safe place for us.

But all in all, yes, the process adoption continues, and this time, Samsung made a big step by releasing Samsung S10 and will start shipping on March 8. I think the other company will do the same.

yeah i think it's such a good idea. i already read that article. now with samsung galaxy S10 we can save cryptocurrency especially bitcoin and Ethereum, besides that also with the  cryptocurrency wallet on samsung galaxy S10 we can transfer it easily.

Maybe even I have some good amount of spare money, I still don't buy that, pretty sure its competitors will soon release new models, same specs but much more affordable price and the fact that it will depreciate fast. Forget it I'll just buy bitcoin instead.

I read that S10e have a release price of $750 andt will be first launch on South Korea on 3rd week of March, not sure of the exact date tho.

So what difference does it make from the other smartphones with wallets installed. I have Mycelium wallet which is open source installed in my smartphone and it works like a charm without any hassles.
Samsung phone coming with pre-installed wallet is no better than this. Besides that there might be bugs in the wallet as we don't know how it works yet.

I wonder wether or not this is the main reason behind the current bitcoin price increase.After all,Samsung is a huge corporation and one of the biggest brand in the world.Bitcoin will gain massive worldwide recognition for sure.I'm gonna buy one Smasung S10 too. ;D

This integration of crypto in a phone of a large company surely helps. People will be aware that this kind of technology exists.
On the other hand, I'm thinking because there are android apps already that we can be use to pay anything using crypto. How will this new feature of Samsung phone different from other app since they are both used to pay things.

i love samsung products, but it overprice to me, my last samsung android is samsung galaxy s4 and after they release s8, s9, and s10 i dont want to buy samsung anymore because its overprice. but since they release s10 with blockchain apps, i am curious about, it and i will to try it, maybe next time, when my project is done i can buy samsung galaxy s10 to try it

actually I think that, what's the difference between a Samsung S10 smartphone and another cellphone. the problem is I think it's all the same, especially now all smartphones can be used to search for btc.

It’s good for this kind of new development especially for bitcoin and cryptocurrency generally . Now we should experience more of this . Although it’s a big marketing for Samsung because the crypto community is going to dive in and also it’s a big marketing for bitcoin and altcoins as it will experience many publicity with this so it’s really a win-win situation for both Samsung and cryptocurrencies in general.

Integrated usage within a popular brands product is truly a way to get more support to the cryptocurrency usage. Though we've got more apps available with the market for transaction needs, the usage through an integrated platform will let more users know about bitcoin and its need to the financial ecosystem.

Your hope might be in vain to buy Samsung S10 by relying on your project payments, you better not think about it because the project pay now is not enough to buy it

I saw the annoucement and I'm very happy to hear that it is true. I am going to buy the S10+ in a few months, and I am looking forward to seeing the wallet. I'm very happy because Samsung is supporting the cryptocurrency community. I hope more phone manufacturers will follow Samsung and support Bitcoin and other cryptocurrencies.

Happy to see a big company company like Samsung supporting cryptocurrency maybe this wouldn't help the market value go up a a bit. Apple's iPhone might be the next to have such wallets and maybe slowly many other brands would start doing the same.

I have seen the Samsing advert for the new S10 on T.V and they dont mention
this feature. While it might be a big thing for us and for buyers of the phone
who own crypto it wont mean much to the generalbpublic but hopefully the
feature will entice new people to enter crypto.

To my opinion  Bitcoin and bitcoin cash are the safest way of currencies  for the internet the best way to pay with Bitcoin is first we have to create or get a wallet for our self .We can send or pay from the Bitcoin wallet easily with the Bitcoin wallet app from your smart phone .If we don't have a Bitcoin wallet or address we can send Bitcoins with the block chain wallet and it is simple to use by sending by sms , or e-mail just log in to your Block chain wallet and click to send option and then enter the recipients mail address and also the amount of Bitcoins you want to send to them .

Am I the only one who was thinking Samsung adding crypto support on their new smartphone it just for marketing strategies to make whales or crypto-community interest to buy this smartphone so it can increase their sales. I know Samsung Galaxy S10 is an awesome smartphone but I think S10 is just minor upgrade from Galaxy S9...

"....According to the T&Cs, the private keys stored in the S10’s Keystore are backed up in a personal account provided by Samsung." So essentially Samsung has access to everyone's Private key in a centralized database. <No No No.... this should never happen, why can they not have a Seed that are kept by the user?>

We always say, if you share the Private key with anyone, then it is not just your Private key and that person or company can take all your coins.  ::)

Understood organization actualize crypto as their exchange obviously it will support crypto prevalence without a doubt.
For instance with current circumstance where the most crypto is on green zone or I can said the skip force Samsung advancement likewise help and backing crypto.

At least an information like this can explain the existence of cryptocurrency for people who buy Samsung S10, with the cryptocurrency feature will make them curious to understand it. As for security related about private keys, I think they can revise the system to make them not know so there is no doubt for each user to save their cryptocurrency assets on the smartphone.

I agree. Samsung is a big business in the market, therefore, I am not sure if it would really allow itself to be paid with something that could turn out to be less valuable than the product, in this case, phone units, since as a business, they've already invested capital in making and manufacturing those phones. Surely, they need a return of investment to keep the business running, and suddenly shifting to accepting cryptocurrency may not help that cause. However, on the other hand, since they are a big business, maybe they can handle the losses and cash out in the future.

Wow. Is that true? Then if it is, I will be glad to buy or purchase a samsung s10. Having Ethereum and bitcoin supported by a device directly is already convenient enough for me to use it as a transaction not only ethereum and bitcoin but also other cryptocurrencies. Samsung really has its way to wow people with their innovation from every phone or gadget they release.

this news many are talking about. this is a pretty good step as a pioneer in implementing their system with crypto blockchain. I hope they continue to develop their products so that they are not only crypto wallet storage. but there are many other benefits so crypto is more widely known by the general public.

The people with big pockets can get hold of this phone and if you are planning to have a mass adaption you must consider having those in your budget phones and not on your high end version, i am sure it will not make much changes other than having some news headline about having a crypto wallet.

I really do not understand this part, how will they revise the system to make things better, have you reviewed their current wallet, since it is in pre order state i have not seen any review from any user regarding the wallet, after that i will make my conclusion, either way i will not save anything in my phone wallet even if they claim to have the most secure wallet.

As time passes we have gradually seen the rapid adoption of bitcoin. And hopefully it will continue to the future, surely many will enjoy it especially with bitcoin lovers. Because they believed in bitcoin and they did not disappoint.

I truly think it's anything but an incredible plan to give yourself a chance to have one of this telephone by simply completing an exchange with digital currency, I rather have a more planned one with indistinguishable quality from this, I preferably sit tight for it over to purchase this telephone we don't generally know whether its truly increase the potential of your crypto wallet.

Perhaps it will help "remove the fear" from newcomers, same as computers with Linux pre-installed. Of course we don't know how good (or bad) Samsung wallet is, and i'd rather keep using my favorite wallet, same way we use our favorite distro on our PC, even when buying one with Linux pre-installed.

For Koreans i guess the appeal is that wallet can also handle fiat, which they have been using for electronic payments before adding crypto coins.

Nope, you are not alone with this assumption. I also have this impression, that this only a publicity stunt.
I would say that this is 3-4 years to late to make the proper impression however it is better late that never.
Let's hope that other will follow, not only with realising vanilla software but supporting the adoption by hardware solutions.
Cash registers, various shopping equipment, even trolleys and scanners are manufactured by Samsung, they will have to make all those cryptocurrency friendly, in order to persuade me in to believing that they also believe. One swallow doesn't make a summer.
As to upgrades level comparison, looks like we technologically stuck for quite a while now. They have to come up with at least some original software ideas.

I think first time Samsung mobile phone company will be launch cryptocurrency supported handset specially Samsung S10. BTC and ETH you can hold and transfer payment to merchant by crypto keystore i understand by coindesk article that's massive and effective idea.

This would be like buy a $1000 ledger nano s, lol.

Is nice to see the wallet inside in the OS, but let's remember that isn't a phone feature, is a software feature. I'm not sure about how secure would be to have our coins in our phone. But i don't like that idea at all. I say welcome to the technology but I see it as a vulnerability more.

Due to the influence of cryptocurrency and the new feature added on SAMSUNG GALAXY S10.
The company made a huge sale on the first day of release.
there are so many crypto influencer and enthusiast get the phone to get a better experience.
I am one of the people who made pre-order!

Samsung has been a company that has taken interest in cryptocurrency and the addition of cryptocurrency wallet to there new Samsung Galaxy s10 just proves that