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Author Topic: Big company involvement in crypto will make Bull market come earlier?  (Read 219 times)
silent17
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July 09, 2018, 07:15:11 AM
 #21

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.

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 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.
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July 09, 2018, 07:15:26 AM
 #22

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.
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.
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July 09, 2018, 07:16:28 AM
 #23

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.
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July 09, 2018, 07:23:32 AM
 #24

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.
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July 15, 2018, 12:31:33 AM
 #25

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.         
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July 15, 2018, 12:43:16 AM
 #26

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.

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July 15, 2018, 01:09:50 AM
 #27

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.

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July 15, 2018, 05:12:13 PM
 #28

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.

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July 15, 2018, 05:33:57 PM
 #29

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 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.
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July 15, 2018, 05:41:50 PM
 #30

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. 

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July 16, 2018, 05:15:16 AM
 #31

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).
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July 16, 2018, 06:24:14 PM
 #32

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