Yes, that is good news. It will definitely help the bitcoin grow a lot. Samsung has greatly influenced the development of bitcoin as it is a large company distributed all over the world. It will help bitcoin create trust and attract more investors to it.

Samsung's entry into the Bitcoin mining industry shows its ambition to expand into the existing chip industry and to dominate the processor maker's dominance in the mining industry. Currently, due to the fierce competition in the smart phone industry, Samsung's decline in the field of smart phones is even more pronounced, with the proportion of related profits in the overall revenue declining. This may be good news for the majority of bitcoin miners, because competition will inevitably bring down the price of mining chips, a lot of economic ability is not very good, college students, miner may not be scanty, can buy the favorite mining chips.

wow thats a good news, its so nice to hear that samsung will support bitcoin , it can also help bitcoin in making it more popular, we know that the samsung company is very popular, think it if samsung is supporting bitcoin , i think and predict that bitcoin is gonna be have a position in this world some day.

That is good news for every samsung user and bitcoin holder.

I hope this can be a big step and can have a positive impact on the market.

If it's true that will be a great news for bitcoin. The demand for bitcoin will increase  and that when the real fomo will set in.  I look for to this.

 Its definitely a good news especially when the crypto prices are going down globally. If we see such kind of big corporations are producing crypto equipments and related technologies, it certainly provides some strong group to fight back.

This will be great.If BIG companies like Samsung continue to support bitcoin, this will remove the stigma of bitcoin being a scam or a bad investment. IDK if this is the same in your country but its the issue here on our end. I will invest on Samsung S9 if they will do that. I hope they beat the competitors because of this app. Other companies will follow if Samsung's plan will be successful. Another good day for bitcoiners.Cheers!

This is very good news, if true samsung supports bitcoin, it can have a posotive effect on bitcoin, and will make bitcoin more and more in demand. I hope for the future, more and more large companies, such as samsung that support bitcoin.

Samsung is supporting bitcoins in a number of ways:

1) Samsung has made a bitcoin mining rig out of 40 old Samsung phones. This means that they believe in this technology and want to support it. I am sure that if they see some good return from this experiment, they will start doing this on large scale.

2) As mentioned in previous responses in this thread, it is one of the 13 major retailers that have started to accept bitcoins as payment medium. This will help in mass adoption of bitcoins.