Amazon and Bitcoin - page 4. | Bitcointalksearch.org

cluit

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Quote from: Ilegendph on November 10, 2017, 10:28:00 AM

Quote from: Reid on November 10, 2017, 07:30:36 AM

For being a known onlinr marketplace it will be a hard decision.
The risk is there and it is not a small one.
There are many people now who are holding bitcoin and if ever they accept it, it could also lead to a big loss that might be harder to recover.
Just think about how we lose money just by holding bitcoin, whenever it goes down we are already in pain. What else for a larger scale.

I think amazon should try accepting bitcoin since the risk is greater in the buyer's side and not on merchants because the transactions in irreversible.

Amazon’s administration is well aware of this thing and this acceptance will give people acknowledgement use btc as payment and most probably maybe this decision of amazon will lead amazon to beat Alibaba business and this thing will also give rise to use this coin as currency and in future this coin will completely take over the currency field so the decision is good to prepare for the future so that to earn more profit.

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Quote from: sirenmoon on November 16, 2017, 05:30:44 PM

Amazon has the good profit and it is one of the largest global firms. Bitcoin has also good rise and it is the most powerful decentralized coin. With two of these colliding together it would only bring benefits to both of them. Amazon will accept BTC for sure in the future. There are already whispers on the internet about that happening very soon. Amazon has fear of unknown but that unknown BTC is getting more and more popular and is getting known by all kinds of people. Merging will happen very soon!

Amazon being largest global firm and having good profit since then with bitcoin which you mentioned to be powerful decentralized coin just have no correlation, amazon tend to legal payment method with insurance behind it just to make sure that their customers will be safe, the volatility of bitcoin which making the price always changing so significantly can be a problem for amazon because they could receive less amount of money if not automatically exchanged to fiat when customers sent bitcoin.

sirenmoon

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Amazon has the good profit and it is one of the largest global firms. Bitcoin has also good rise and it is the most powerful decentralized coin. With two of these colliding together it would only bring benefits to both of them. Amazon will accept BTC for sure in the future. There are already whispers on the internet about that happening very soon. Amazon has fear of unknown but that unknown BTC is getting more and more popular and is getting known by all kinds of people. Merging will happen very soon!

cydrix

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Quote from: whisee on November 05, 2017, 05:02:17 PM

Do you think Amazon will accept bitcoin (in this year or next future )?

I dont think bitcoin billing is not necessary to have of amazon because the transactions too vague for them and the users to use them properly and to be honest bitcoin is not user friendly to use right? It is not so easy to understand sometimes. As for Amazons reputation i think they will not tarnish it with a cryptocurrency although bitcoin has a feature to compromise a transaction with no reverse whatsoever meaning no refund.

Harrisonimo

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Quote from: whisee on November 05, 2017, 05:02:17 PM

Do you think Amazon will accept bitcoin (in this year or next future )?

It will be a nice development if and when Amazon will finally adopt bitcoin as a means of payment on its site. With the talks, I had thought by now they must fully incorporated it fully into their site. Amazon is a leader in online store market. So, if they adopt the use of Bitcoin, they will set a standard for the other online store coming up. And also, means of payment made easy with the use of bitcoin. I did wait for it and also believe it will help in informing /educating a new area of persons.

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Quote from: soname12 on November 16, 2017, 01:44:08 PM

There have been rumors of amazon buying some domain names related to virtual currency I think the Amazon days accept bitcoin or some coin as the main payment method is not far away.

I think Amazon won't ignored this kind of opportunities for this generation. Knowing that Amazon is one of the known companies globally, any possibilities for them to take steps towards crypto might be possible anytime. And we all know that some companies had been involved and start accepting bitcoin as a mode of payment at this time. And we can make some speculations that it will be spread to the small business around the world in the coming years.

Flodner

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What I think it might be (and it would be very easy to implement) if Amazon will sell their gift certificates (for BTC on one site, for Eth on another).
For those who is interested in Amazon I would definitely recommend "The Everything Store: Jeff Bezos and the Age of Amazonof bi" by Brad Stone
There is interesting description of Amazon history and strategy
Amazon has strategy of buying niche leaders, and sometimes buying at a loss and they can afford running with losses for a long time, just for the sake to kill competitor.
Interesting, if Amazon comes seriously to crypto world, will they have similar strategy?..

soname12

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There have been rumors of amazon buying some domain names related to virtual currency I think the Amazon days accept bitcoin or some coin as the main payment method is not far away.

Paul stuart

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I think it's risky for a big company to accept bitcoin because it's pretty volatile.

bitcad4u

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Quote from: faceoff97 on November 12, 2017, 06:16:18 PM

Quote from: PrinceCaspian on November 12, 2017, 12:50:56 PM

Amazon and bitcoin can really work together and make the best out of it. Bitcoin is a really great mode of payment and amazon is a great online shop so if they will work together then amazon can attract more users and bitcoin can attract more demand for the market to make its price to go higher.

We could not preduct how they think, probably they will not use bitcoin and instead make their own crypto which they will as a form of payment. Amazon is looking on things which they will gain more profit and control. The rumors ate spreading that new alt is made, the reason they are doing this maybe ia because they want the full control. On the other hand, they might be also considering bitcoin because they will not be harden on promoting the new crypto thwy will produce. Bitcoin haa big number of user and it is also recognised by many. Si I think, they are still working what is most appropriate action to be made.

Now a days bitcoin are allowed in Amazon also slidly due to it's a digital currency exchange system it's make a payment in Amazon and in future all the online process it can be used by bitcoin and this can used in all over world wide across the universal and currently use in Amazon.

expless

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Quote from: Hexah on November 12, 2017, 07:51:55 AM

If that rumor were good to be true then that would be a good news since Amazon is really a good site to shop for some goods and apart from it they really have huge amount of goods. Would be Alibaba be on th run to accept some crypto too? It would be awesome if these two big companies would accept bitcoin as mode of payment maybe not for all goods but for some goods I think it would be nice.

This is not rumor amazon is accepting payment in btc and they made the right decision on the right time because as we all know that bitcoin will be the currency of future and amazon accept this reality and they are maturing their self and this coin will giving amazon huge profit and increase its business all across the world and people who are using btc are also getting benefit after this decision and a lot more has to come.

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Quote from: audrey12 on November 06, 2017, 10:16:00 PM

Probably next year Amazon will announce the acceptance of bitcoin as a legal tender because bitcoin became more popular through the years and I guess it was able to meet the trust of most people even different establishment maybe they are just studying the best tactic to hold bitcoin and how it will be accepted considering the fluctuations it experience from time to time.

Bitcoin is very important for amazon and same amazon is important for bitcoin because when amazon accept bitcoin so the traders and investors will be increased and the price can go more high than ever and I’m sure when amazon accept bitcoin so the neighbor countries will also accept bitcoin and there is no doubt that bitcoin will also play a very great role there.

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Quote from: sindikat on November 14, 2017, 08:27:05 AM

Quote from: Betwrong on November 13, 2017, 05:04:35 AM

Quote from: PrinceCaspian on November 12, 2017, 12:50:56 PM

Amazon and bitcoin can really work together and make the best out of it. Bitcoin is a really great mode of payment and amazon is a great online shop so if they will work together then amazon can attract more users and bitcoin can attract more demand for the market to make its price to go higher.

From what we know, Amazon is working on it. They already registered/bought several domains with crypto oriented names. They just have no choice. If they will be too slow to start accepting BTC before others do, they can lose big amounts of money and a lot of people might move to other similar sites in the future just because Bitcoin is accepted there.

Actually working on it not just Amazon. But I do not see significant progress. It seems to me that all potential sellers who are ready to trade bitcoins deterred by the high price per transaction and long waiting time for confirmation. That's why I think that the failure of agreement on segwit2x is a step back. I guess we'll have to go back in the future.

In my opinion high transaction fees is not a problem. Right now one can pay $0.15 for a transaction and in two days max it will be confirmed. They need to develop a scheme which will make it possible for buyers to pay the lowest transaction fee and still have the ability to purchase a product.

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Quote from: Betwrong on November 13, 2017, 05:04:35 AM

Quote from: PrinceCaspian on November 12, 2017, 12:50:56 PM

Amazon and bitcoin can really work together and make the best out of it. Bitcoin is a really great mode of payment and amazon is a great online shop so if they will work together then amazon can attract more users and bitcoin can attract more demand for the market to make its price to go higher.

From what we know, Amazon is working on it. They already registered/bought several domains with crypto oriented names. They just have no choice. If they will be too slow to start accepting BTC before others do, they can lose big amounts of money and a lot of people might move to other similar sites in the future just because Bitcoin is accepted there.

Actually working on it not just Amazon. But I do not see significant progress. It seems to me that all potential sellers who are ready to trade bitcoins deterred by the high price per transaction and long waiting time for confirmation. That's why I think that the failure of agreement on segwit2x is a step back. I guess we'll have to go back in the future.

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Quote from: phieudu0408 on November 13, 2017, 05:33:42 AM

That would be amazing news for all crypto lover. Have Amazon accept Bitcoin that will take us to another level. I will believe, the small company will follow Amazon sooner or later.

Right. And that would likely mean another surge in btc price so its a win win for bitcoin owners if that happens. Amazon is a major company so accepting btc will be a major boost as well

phieudu0408

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That would be amazing news for all crypto lover. Have Amazon accept Bitcoin that will take us to another level. I will believe, the small company will follow Amazon sooner or later.

Betwrong

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Quote from: PrinceCaspian on November 12, 2017, 12:50:56 PM

Amazon and bitcoin can really work together and make the best out of it. Bitcoin is a really great mode of payment and amazon is a great online shop so if they will work together then amazon can attract more users and bitcoin can attract more demand for the market to make its price to go higher.

From what we know, Amazon is working on it. They already registered/bought several domains with crypto oriented names. They just have no choice. If they will be too slow to start accepting BTC before others do, they can lose big amounts of money and a lot of people might move to other similar sites in the future just because Bitcoin is accepted there.

echeverialavi

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I don't think that this collaboration will happen Grin

Sled

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Quote from: pathapoddo on November 12, 2017, 10:37:07 PM

We can't say it whether they will accept bitcoin in future. But we can just hope. As bitcoin has become so popular so we think that bitcoin will convince amazon to accept them.

I agree to that. With the popularity of bitcoin it will make the amazon recognize that bitcoin is a great type of currency and a good mode of payment in their company. If bitcoin will attract more people into it and make a lot of noises around the world then i believe that it is enough for the amazon to accept bitcoin because since they are more on being a business then they will depend on the people on what are they commonly using as a mode of payment or what they prefer most.

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We can't say it whether they will accept bitcoin in future. But we can just hope. As bitcoin has become so popular so we think that bitcoin will convince amazon to accept them.

Topic: Amazon and Bitcoin - page 4. (Read 2247 times)