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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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bitserve
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Activity: 1820
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February 24, 2019, 04:07:04 PM |
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Clearly positive. A great step in mainstream adoption. Other than that, we will see. |
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gentlemand
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February 24, 2019, 04:11:55 PM
Last edit: February 24, 2019, 04:33:14 PM by gentlemand |
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No.
Like 95% or more of good news it's a nice thing that will make the future a finer place. It doesn't create anything compelling in the meantime. It is a big vote of confidence in its future.
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thecodebear
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February 24, 2019, 04:20:11 PM |
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I think it is huge news. When we start seeing all major phones have built in secure private key storage (essentially just like a hardware wallet) bitcoin will be much more adoptable and usable for the average person. In terms of adoption I think this could be the biggest thing yet for Bitcoin. Of course it will take time for this to become the norm and for people to actually use it but I see phones allowing secure bitcoin storage as a major piece of the next bull run. In a couple years there could be hundreds of millions of people who can easily "store" bitcoin right on their phones, getting rid of all the confusing bad user experience stuff like having to make paper wallets or buy hardware wallets and whatnot. Really, this is how bitcoin spreads - when people can easily buy, store, and spend it on their phones!
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dothebeats
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Cashback 15%
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February 24, 2019, 07:11:28 PM |
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I don't see this as that bullish however I can say that this is one step towards getting the word out over regular consumers that don't know much about bitcoin yet. We all know that the smartphone industry is one of the fastest-growing and exposed scene in the world's economy right now, and with the recent move Samsung made, integrating a crypto wallet within their newly-released flagship S10, I can see a huge potential, albeit not that strong of an influence for today's market sentiments. The move is somewhat preparing the consumers for what might come in the future, but other than that, nada.
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teilwalL05
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February 24, 2019, 07:54:53 PM |
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Samsung was a well-known brand that is why I really think that this news is a positive sign for the value of bitcoin And the thing is if normal individuals can be ready for bitcoin in a handheld device? Well we can say that there might be good feedback over it but I really think that negative ones are also arising over this kind of thing, We can definitely assume that there are a percentage of people that are very negative on bitcoin in the past and after seeing the innovation of this phone that can surely change, And this flagship of Samsung is one of the anticipated by Smartphone users and Cryptocurrency users alike.
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STT
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February 24, 2019, 09:16:49 PM |
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Take it as part of the background, Samsung is the giant Korean company, international conglomerate no less but this is mostly just a reflection of the Korean people already being into crypto and part of this market. So its an ongoing bullish trend, I wouldnt take it as something new to ignite immediately anything.
A positive sign but we hope to see lots of these regardless of price over the next few years. Mostly I think its important how they develop after arriving, so how many more people join or use crypto because of this capability. Hard to say immediately
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1Referee
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February 24, 2019, 09:22:25 PM |
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It's a good start, but in order to make it more of an adoption booster, it would be great if Samsung devices natively can spend Bitcoin through the SamsungPay gateway, which instantly means +1 million of merchants added where you can spend Bitcoin. What we need is more brick and mortar stores accepting Bitcoin, and this will definitely make Samsung gain some dominance in this industry.
I wasn't bullish at all when it comes to the B symbol integration in Google's keyboard, but this is what I consider fundamentally good news. It will however not do anything other than slowly bring in adoption, if people expect moon then they will be very disappointed with how the short term market doesn't move on these developments.
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crzy
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February 24, 2019, 09:42:02 PM |
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It doesn’t affect much the market and sad to say we are dumping again. I think even if we have a lot of good news if its not are time to pump it will still not happen. The market are down again, maybe a small correction before we see a great pump again so don’t panic. |
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Bonsaiav
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February 24, 2019, 09:56:59 PM |
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What Samsung developers are doing is the right step, because they have done this as early as possible when the prices of bitcoin and other crypto are in a very prolonged crisis. For now, we all may not be able to feel the positive effects that they bring directly, but for the future I think the number of people who adopt bitcoin and other cryptos will increase, this thing will certainly be in line with their plans especially about hardware such as wallets and safe elements which they will pin into their smartphone.
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figmentofmyass
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February 25, 2019, 05:06:55 AM |
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No.
Like 95% or more of good news it's a nice thing that will make the future a finer place. It doesn't create anything compelling in the meantime. It is a big vote of confidence in its future.
granted, but it's definitely a long term bullish sign. there has to be strong belief among samsung's board and shareholders that crypto has a real future. they might be completely wrong, but chances are they see the same thing that all us long term bulls see---that crypto is past the point of no return. i mean, that's a pretty big endorsement. samsung is the biggest player in the android phone market. |
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Herbert2020
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February 25, 2019, 07:18:23 AM |
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haha, this would only lead to a rise if you think random people on the street reading this are going to start buying bitcoin. do you really think that?
obviously the random people who aren't yet familiar with bitcoin don't even care about this news. it may create some interest in them as to what this new thing in Samsung's advertisements is but not enough for them to think about actually buying bitcoin yet. specially with all the FUD that is scaring them off these days.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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jseverson
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February 25, 2019, 07:31:33 AM |
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haha, this would only lead to a rise if you think random people on the street reading this are going to start buying bitcoin. do you really think that?
obviously the random people who aren't yet familiar with bitcoin don't even care about this news. it may create some interest in them as to what this new thing in Samsung's advertisements is but not enough for them to think about actually buying bitcoin yet. specially with all the FUD that is scaring them off these days.
Lol well to be fair, if people found some random feature on their shiny new phone, it's likely they'd want to try it out. I don't think it's projected to be a smash hit for adoption or anything, but putting crypto within reach of a new set of people can't be a bad thing. Samsung is also quite reputable as a brand, and that may help convince some skeptics to give it a chance. I don't think we're going to be feeling any immediate effect from this, but it's pretty huge and could even make other vendors follow suit. Let's hope it works well and catches on. If implemented well enough, it will also make Bitcoin more portable, and therefore better suited for point of sale transactions. |
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adaseb
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February 25, 2019, 07:42:49 AM |
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It might be slightly positive in a way where somebody out of boredom just browses all the pre-installed apps and features on their phone.
They see the words Blockchain, Bitcoin and Ethereum. Then a few months later they hear about Bitcoin from a friend or on the street. Or they see some news article about it and remember that their phone support the "Blockchain" wallet.
They will think this is going to be huge in a few years and buy in.
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DaddyMonsi
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February 25, 2019, 07:48:19 AM |
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Positive news and this will make those who are not aware of Bitcoin to be aware of Bitcoin and they don't need to download anything since its there already. I hope they can also come up with a pre-installed app that they (Samsung) developed that works like Blockfolio. |
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peonminer
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February 25, 2019, 07:50:00 AM |
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I actually heard about this the other day. I think it's a HUUUUUGE step in the right direction. This will help millions of every day users access crypto for all kinds of micro and macro transacting. It will only strengthen the cause it seems. As long as Samsung stays on top of their security! |
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Barbut
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February 25, 2019, 08:35:25 AM |
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I actually heard about this the other day. I think it's a HUUUUUGE step in the right direction. This will help millions of every day users access crypto for all kinds of micro and macro transacting. It will only strengthen the cause it seems. As long as Samsung stays on top of their security! Nice step, and good marketing for cryptocurrencies, especially for the coins that will be supported by samsung now. I don`t think it will start some big bull run, at least not right away. As I read they plan to have wallet not only for bitcoin, for ethereum too, and maybe some other coin too, we will have to wait and see what will happen. This year is special for huge news like this one is, all we have to do is to wait for realization. |
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MakeMoneyBtc
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February 25, 2019, 10:12:50 AM |
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I don't think this will have a big impact on the market but this is just a small step in our journey to the bull market. I'm sure this will have some impact since Samsung is probably the biggest phone company along with IPhone
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Kopyleft
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February 25, 2019, 02:20:13 PM |
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I am not so positive of the device bringing about a bull run. I have followed most of the commentary on the design, and there are so many additions and features put into the phone that most non-crypto individuals do not notice its relationship with cryptocurrency.
It is a good news surely, and we would gladly take any extra publicity now.
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Dreamchaser21
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February 25, 2019, 02:52:29 PM |
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No bullish trend at all but I think it will be more worth it if we will wait for a little longer. This kind of development is good but we have to wait for more trend before we say its a bull, Samsung is a big company no doubt but the market is not moving uptrend after the announcement so I think its just a normal adoption.
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