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Topic: ALIBABA TO ACCEPT BITCOIN BEFORE AMAZON & OTHERS - page 3. (Read 2710 times)

sr. member
Activity: 434
Merit: 255
Live cams shows pimped with cryptocurrency
Talk about the fact that Alibaba and aliexpress will accept payment in bitcoins I heard a few years ago, but still it's just a rumor. Before expanding the range of sales with bitcoin you need to have been accumulated a lot of coins. What is the point to trade for bitcoin if the buyers need to change Fiat to bitcoins.
sr. member
Activity: 434
Merit: 250
It's too great, If Alibaba start accept bitcoin like a payment method, And i think, they can make a amazing profit if they start accepting bitcoin,

because as we know bitcoin price increase a lot over the years. So they can make a huge profit after few years.

Anyways, It's easy for us to buy goods from marketplaces sites using our bitcoin, so It's amazing thing.
sr. member
Activity: 812
Merit: 253
This is just speculation from a public poll. Do not write as if Alibaba had confirmed to accept the use of Bitcoins in its services. As far as we know, none of the companies mentioned in the poll are guaranteed to accept Bitcoin or other cryptocurrencies as a form of payment in their products.

According to Barry Silbert
Barry didn't said anything. He just asked for people's opinion on his twitter on which company will embrace Bitcoin first.

Clickbait, I really thought Alibaba has confirmed and are ready to accept Bitcoin as a form of payment just like Amazon but not as a direct payment though, correct me if I'm wrong but you can use your wallet to buy an Amazon digital gift card to purchase items.
hero member
Activity: 2646
Merit: 686

Alibaba should be the next global giant to accept Bitcoin according to 4,500 participants in a survey this week.

52 percent of respondents to the survey by Digital Currency Group creator Barry Silbert believe the Chinese marketplace is next in line to embrace the virtual currency.

Other options included Amazon (31 percent) and Google (12 percent), while only five percent of those answering on Twitter believed Facebook would be the first of the group to get serious about Bitcoin. According to Barry Silbert

https://twitter.com/intent/follow?screen_name=barrysilbert

For a moment I was like I should make my purchase from Alibaba, but no lol, I think whoever does accept it, will be a master stroke cause it will open a whole new audience to them, and it shall take them places. I am yet waiting for one of them to make a change and accept it, it's kind of strange that they have yet not implemented it.
legendary
Activity: 1666
Merit: 1001
I thought that alibaba really accepting bitcoin and if that case happened it will be a very great news, a big company need to follow the latest technology and development if the they want to keep on top, but China has a bit problem with bitcoin so it will be difficult for the government to adapt bitcoin, hopefully after the poll the owner will considered about this thing
hero member
Activity: 560
Merit: 500
If alibaba were really to accept bitcoin before amazon and the others it would be good but the link you posted there OP is just a speculation to what will be the next big giant company to accept bitcoin as payment, not literally speaking that alibaba will accept bitcoin so I think your title is misleading. There is a big possibility though that alibaba won't start to accept bitcoin yet.
legendary
Activity: 1288
Merit: 1087
no chinese company will ever, ever, ever accept bitcoin.

if you look into your history you'll see the reason for the bitcoin 'china ban' was  because companies in china were starting to use it as a currency. the chinese government put a stop to that immediately.

people gambling on exchanges only just have been allowed to start again.
legendary
Activity: 1302
Merit: 1027
OP the title of the thread is not relevant to the comment, still their is no confirmation from any of the online company confirmation of using bitcoin, this is just a poll conducted by a users for getting bitcoin as payment on this sites. So it is just a poll and not a decision.
hero member
Activity: 2590
Merit: 644
It is like the online shops now are urging to accept bitcoin to their company and have a bitcoin payment method that can make more sales to their items and for me, this is the sign for bitcoin that most of the big companies are taking serious moves in bitcoin and they want more and more opportunity because of accepting bitcoin.
hero member
Activity: 1190
Merit: 534
It is not a confirmed news but I am sure we will soon have options to pay in bitcoin for the purchases made on the e-commerce websites with the business models like bitpay. I see the price volatility and the increase in transaction fees are the main reasons for the sceptical stance of these giant companies towards bitcoin. It might boost the growth of these companies too as it will promote cross-border transactions too.
hero member
Activity: 1666
Merit: 753

Alibaba should be the next global giant to accept Bitcoin according to 4,500 participants in a survey this week.

52 percent of respondents to the survey by Digital Currency Group creator Barry Silbert believe the Chinese marketplace is next in line to embrace the virtual currency.

Other options included Amazon (31 percent) and Google (12 percent), while only five percent of those answering on Twitter believed Facebook would be the first of the group to get serious about Bitcoin. According to Barry Silbert

https://twitter.com/intent/follow?screen_name=barrysilbert

This proves nothing about whether alibaba would actually want to start accepting bitcoin.

It is merely an opinion poll of what bitcoiners think will be next to accept bitcoin. Now bitcoiners cannot change the minds of the CEOs of companies, it is ultimately up to them therefore this poll is redundant.

I wouldn't be surprised though if Alibaba started to accept bitcoin - most likely on their sister site aliexpress because that's aimed as a global audience instead of just chinese though. Asian countries are already trying to regulate and legalize the bitcoin market whilst the US is doing nothing to try to embrace the technology. Most customers of US bitcoin companies are overseas as well...
sr. member
Activity: 602
Merit: 252
Maybe this will make a big impact on the entire shopping platform. Also this will help more usage of cryptocurrencies. Recently heard a news that alibaba is with plans of implementing their own token similar to cryptocurrencies that can be used through alipay.
legendary
Activity: 3472
Merit: 10611
a quick google search tells me that Alibaba is located in China and while Amazon and others are mostly in USA and it is perfectly normal if all the rest of the world accepted bitcoin and Amazon were still behind all of them because of how US regulations are and how these corporate are big and don't care much about adding something that may not increase their sales but that much.
hero member
Activity: 574
Merit: 500
I'm sure Alibaba would love to add bitcoin if it had bigger blocks and people would use it.
full member
Activity: 175
Merit: 104
This I would love to see it happen!
sr. member
Activity: 325
Merit: 250
Carpe noctem
If Jack Ma took the decision to accept Bitcoin as a payment method we'd have an influx of cheap stuff all around the world given that many people (including me) are using Purse to buy low and sell decent in the States & elsewhere. 15~20% discounts at Amazon can't be compared with wholesale prices  Grin
legendary
Activity: 2464
Merit: 1387

Alibaba should be the next global giant to accept Bitcoin according to 4,500 participants in a survey this week.

52 percent of respondents to the survey by Digital Currency Group creator Barry Silbert believe the Chinese marketplace is next in line to embrace the virtual currency.

Other options included Amazon (31 percent) and Google (12 percent), while only five percent of those answering on Twitter believed Facebook would be the first of the group to get serious about Bitcoin. According to Barry Silbert

https://twitter.com/intent/follow?screen_name=barrysilbert

What I was expecting to see is a link to the official statement by the management of alibaba but just survey in which the majority of the respondents would have been bitcoin users who won't have any other reason than not to vote yes to bitcoin.  Decisions regarding that are done taken based on polls because it will involve a lot of technological infrastructures to be put in place and also the legal ramifications to put into consideration. The decision is not something I see happening soon if at all it will eventually happen.

Yea I was also expecting a breaking news article about alibaba
Accepting bitcoin payments, frustratingly dissapointed.

The thread title is indeed misleading.

The community, industry needs a big retail player to
Accept crypto payments but I suppose we need less volatility in the values.
sr. member
Activity: 1190
Merit: 306
Damn clickbait title, i thought alibaba think to accept bitcoin or will accept bitcoin soon, but it's just opinion from 4.500 participants. And, as far as i know, alibaba and the others don't have plans to accept bitcoin, bitcoiner only can buy their gift card with bitcoin at this moment.
But, i think Amazon should be the next company to accept bitcoin.
Figures.  And I agree, I really wish Amazon (or any big retailer in the states) would start taking bitcoin.  Right now I really got nothing to do with what I earn through the sig campaign.  I'm on the fence about actually spending it, since I'd potentially be missing out if we shoot up to $5000.  But I'm not against buying something with it either.  And there are so few places that take it that actually sell things I'd want to buy.  Amazon is one of them; Alibaba...I don't know anything about them.  Eh.  It's probably best just to hold, right?
member
Activity: 63
Merit: 10
🤖UBEX.COM 🤖
Well, there is scam all over the place, it would be much easier for the chinese to rob even more people!
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
Why would anyone start a thread which has nothing to do with the truth and i am seeing these kind of threads quite often which is really irritating. Alibaba could be the internet giant that could surpass amazon because they have the capability ,but to be frank i really do not mind about the e-commerce war,all i need as a customer is the best service possible.
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