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Topic: Amazon and bitcoins - page 4. (Read 4429 times)

hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
September 16, 2016, 11:32:40 PM
#31
Why has amazon not added bitcoin as one of their payment options?

Are there any risks associated with buying and selling on amazon with bitcoins?
The important reason for that because the price of bitcoin is volatility and caused it, the amazon is not interesting to accept bitcoin, they will feeling difficult to control their price in bitcoin form.

I think so. amazon just can't control the price of their products if they accept bitcoin as payment. you know, because bitcoin price is not stable. and of course it will risk their business. just opinion.



I don't they are really going to accept bitcoins because they are thinking that if there is no stable price of bitcoins then they are just going to accept bitcoins by means of third party sites by gift cards. And even though that they are going to do that way still they are considering that we can buy things to them with bitcoin.
hero member
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September 15, 2016, 11:15:11 PM
#30
Why has amazon not added bitcoin as one of their payment options?

Are there any risks associated with buying and selling on amazon with bitcoins?
The important reason for that because the price of bitcoin is volatility and caused it, the amazon is not interesting to accept bitcoin, they will feeling difficult to control their price in bitcoin form.

I think so. amazon just can't control the price of their products if they accept bitcoin as payment. you know, because bitcoin price is not stable. and of course it will risk their business. just opinion.
hero member
Activity: 756
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Crypto.games
September 15, 2016, 12:48:59 PM
#29
Why has amazon not added bitcoin as one of their payment options?
Are there any risks associated with buying and selling on amazon with bitcoins?

* Because adding bitcoin as a form of payment is, in their point of view, a huge risk due to volatility as well as the inability to make charge-backs. More importantly, I think it's also because no government has yet to acknowledge bitcoin, they're even having trouble on how to categorize it, so why would Amazon risk it especially since the demand is most likely negligible.

* The risk, at least for now, is mostly on the part of Amazon if they officially accept bitcoin they risk getting censured by government/users/other, add to that the volatility/instability of bitcoin's value, leads to them thinking it's just not worth it. At least for now. Let's hope it changes soon though as it'll be huge boost for bitcoin if mass-adoption or even awareness happens.
legendary
Activity: 2758
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September 15, 2016, 09:53:02 AM
#28
Why has amazon not added bitcoin as one of their payment options?

Are there any risks associated with buying and selling on amazon with bitcoins?

First thing Amazon is service provider and Bitcoin is digital virtual currency.

Bitcoin is far big than amazon. As Amazon have to consider and implement all necessary thing to accept bitcoins. Even on large scale many of service have adopted bitcoins as a payment provider.

So till amazon adopt it we have to wait. And there will be no risk when amazon officially announce bitcoin as a payment partner.

The risk is flactuation men they can more money by sudden downfall of bitcoins price, and i think amazon is considering bitcoin and keep looking more market data if its really reliable ones to be there payment processor, so at this moment all we need to do is wait, maybe we can see more good news to be happen in this coming future, and maybe we can see great news coming on bitcoin history and that could be a great breakthrough on bitcoins existence.
hero member
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September 15, 2016, 09:03:08 AM
#27
Why has amazon not added bitcoin as one of their payment options?

Are there any risks associated with buying and selling on amazon with bitcoins?

What if we contact Amazon to add bitcoin as one of their payment so that they will decide that many buyers will buy in their online shop. If they accept bitcoin i think many online shop will do the same.
I think there are risk in buying and selling on amazon with bitcoin. Because if theres no risk, why they didnt accept it. I think amazon have reason why they didnt accept it. Like They cant get big profit here, or this bitcoin is use in blackmarket so if they accept it, theyre market is blackmarket too.
hero member
Activity: 1568
Merit: 502
September 14, 2016, 10:57:32 AM
#26
Why has amazon not added bitcoin as one of their payment options?

Are there any risks associated with buying and selling on amazon with bitcoins?

First thing Amazon is service provider and Bitcoin is digital virtual currency.

Bitcoin is far big than amazon. As Amazon have to consider and implement all necessary thing to accept bitcoins. Even on large scale many of service have adopted bitcoins as a payment provider.

So till amazon adopt it we have to wait. And there will be no risk when amazon officially announce bitcoin as a payment partner.
hero member
Activity: 2912
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September 14, 2016, 07:38:25 AM
#25
Why has amazon not added bitcoin as one of their payment options?

Are there any risks associated with buying and selling on amazon with bitcoins?

you can use ebay than amazon to buying and selling product and you can use shopawl to integrated with bitcoin because i read on their thread that they have finished to work and integrate with ebay so it could be easy to buying and selling product on ebay. the best of ebay is that site have an auction of some product so we can get it with cheap price  Grin
sr. member
Activity: 476
Merit: 250
September 14, 2016, 06:22:16 AM
#24
Why has amazon not added bitcoin as one of their payment options?

Are there any risks associated with buying and selling on amazon with bitcoins?
It would be great for Bitcoin do be a payment at amazon because amazon is so huge that it would boost the popularity of Bitcoin.
Maybe that it is going to happen in the future it still is a rumor at the moment.
hero member
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August 22, 2016, 01:31:41 PM
#23
Even if its sounds like great idea, amazon will not accept bitcoins as currency in near future.
I didn't find any news about their future plans, and are they interested in blockchain technology at all. But if something like this ever happen it will be great boost for bitcoin community. Amazon is big business, bitcoin need to grow more to be ready for such big service like Amazon is.

Currently there is no news that Amazon will start incorporating Bitcoins.  Amazon may fear the double spending  and delay of confirmation of bitcoins and may not add in near future until bitcoin became more popular among masses.
hero member
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August 22, 2016, 01:24:26 PM
#22
Even if its sounds like great idea, amazon will not accept bitcoins as currency in near future.
I didn't find any news about their future plans, and are they interested in blockchain technology at all. But if something like this ever happen it will be great boost for bitcoin community. Amazon is big business, bitcoin need to grow more to be ready for such big service like Amazon is.
legendary
Activity: 1400
Merit: 1001
August 21, 2016, 02:00:27 PM
#21
Why has amazon not added bitcoin as one of their payment options?

Are there any risks associated with buying and selling on amazon with bitcoins?

eBay and Amazon will more than likely won't accept Bitcoin , at least not anytime soon. Not only they need a lot of users who request Bitcoin but they also need the ability to manage chargebacks etc... (they can do that with PayPal however It's impossible with Bitcoin).

If you want to buy anything from Amazon , simply buy a gift card from Gyft or any other providers or use Purse.io
Steam accepted bitcoin and are dealing with it just fine. They don't have compel to the same refund policy as Amazon and eBay?

Seriously bitcoin has not build in charge back feature - but you have to do it manually. In case of refund they could just send BTC back to the same addresses which was used to made payment.
sr. member
Activity: 585
Merit: 251
August 21, 2016, 12:01:34 PM
#20
Amazin will never accept bitcoin directly as already depend on voucher as a alternative to buy product.i hope they might start interchange bitcoin to voucher service globally.
U2
hero member
Activity: 676
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I used to be indecisive, but now I'm not sure...
August 21, 2016, 10:31:58 AM
#19
Can't see it happening until bitcoin becomes really popular and they start receiving thousands of requests / questions about it.


It's not great but it's true. If we all start hounding them all the time to accept bitcoins it's going to happen sooner rather than later. Let's get on it guys! We need 5 emails each per day!
hero member
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Leading Crypto Sports Betting & Casino Platform
August 21, 2016, 10:28:14 AM
#18
Why has amazon not added bitcoin as one of their payment options?

Are there any risks associated with buying and selling on amazon with bitcoins?
They're not accepting bitcoin directly for their payment because the price is always unstable but they accepting bitcoin payment indirect with buying their's gift card. Accepting bitcoin for their payment it's not only means you can using your bitcoin for directly in their site.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
August 21, 2016, 07:46:28 AM
#17
I think it will never happen that amazon will taking bitcoin directly as a payment unless bitcoin price reaches a stable rate.they already have voucher service so they will not try to gamble with it.
the unstable price is not really a problem because there's an API that exchange the bitcoin which being sent by the sender and will be exchanged to the fiat directly with the equivalent amount when the order was made,so it's definitely resolving the unstable of price problem,maybe they just want to stay on the safe zone and don't want to enable bitcoin before it was officially regulated yet
hero member
Activity: 910
Merit: 505
August 21, 2016, 07:37:04 AM
#16
I think it will never happen that amazon will taking bitcoin directly as a payment unless bitcoin price reaches a stable rate.they already have voucher service so they will not try to gamble with it.
sr. member
Activity: 1250
Merit: 295
Palestine
August 19, 2016, 11:03:39 AM
#15
THEY wont risk cuz amazon is just like middle man
hero member
Activity: 756
Merit: 500
August 19, 2016, 09:21:05 AM
#14
I think that's not the main problem of the amazon has not received payment for bitcoin. May be due to factors introduction and legal use of the bitcoin which has not been recognized by any country or any person using the internet. So this is only technically related and I think in the future this could be a light for us
hero member
Activity: 1022
Merit: 511
August 19, 2016, 09:20:02 AM
#13
Amazon still not accepting bitcoin as payment but they are working with bitcoin as option for payment. You can still buy digital gift cards using bitcoin as payment.
Hope it will be available soon so many people will benefit and also establishments which accepting bitcoins.

This thing is not powered by Amazon officially. people can buy amazon gift card with bitcoin because of those amazon re-sellers who accept bitcoin and re sell amazon gift cards. these peoples are totally individual and Amazon not involved in them.

maybe Amazon officially accept bitcoin in future. but to be very honest it is hard. because Amazon is just fine with his own payment source.


This is true. You can buy in amazon using bitcoin through indirect buying. A lot of user here are offering gift card of amazon in exchange of bitcoin. I dont have any idea where the sellers get there gift cards. Cheesy

Anyone here knows the trick? Hahaha

there is no any trick for this. amazong selling the gift cards him self, just go to amazon, create your account. add a payment detail, like paypal or credit card. and then buy amazon gift cards,
amazon gift cards is actually a payment source of amazon.
full member
Activity: 559
Merit: 100
August 19, 2016, 08:29:32 AM
#12
Can't see it happening until bitcoin becomes really popular and they start receiving thousands of requests / questions about it.


Who said Bro.  I have friend who use to purchase in amazon using the discount from purse.io get some price reductions more than 15%. Even you could  try for it and use amazon with discounts...

The discount sounds great, but that is why I will never use this service or others like it. If you get goods from the wrong person it could cause some serious headaches and that is just not worth it.
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