Amazon May Accept Bitcoin By October. Do you believe? - page 2.

1Referee

legendary

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Quote from: Cindy1983 on October 02, 2017, 03:34:11 PM

I believe it.

Read that -> https://www.cryptocoinsnews.com/debunked-rumor-amazon-will-accept-bitcoin-fake-news/

People in this market are too easy of believe and thus take everything for granted without doing any logical thinking or research themselves. If Amazon was even considering to accept Bitcoin as payment option, it would be them to announce their interest in doing so, or that they are investigating the possibilities of adding a Bitcoin payment option to their platform.

Quote from: Cindy1983 on October 02, 2017, 03:34:11 PM

Beside Bitcoin is very secure that why there are a lot of people that prefer pay in bitcoin to cash.

Really? Source? I have been involved in the Bitcoin ecosystem for quite a while now, and I have yet to see a fair number of people prefer to use Bitcoin instead of fiat, let alone 'a lot people' as you are pointing out.

Quote from: Cindy1983 on October 02, 2017, 03:34:11 PM

But I afraid that someone will take avantage of Bitcoin to do some bad thing such as money laundering

Why would you even care about that? Fiat too is used for money laundering, drug sales, weapon sales, etc -> do you hear anyone about that? Nope. In the same way, people shouldn't mind it with Bitcoin. Whether it's a car, a piece of art, Gold, Bitcoin, etc, everything with value can be used for whatever shady purposes - never blame the tool.

sagarnyc

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Well, other websites are doing this, for example, overstock.com and look at the stock growth for it. Amazon may accept Bitcoin but by October I don't think so maybe we will have to wait longer.

MisterKT

newbie

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That is a unverified rumor, and I don't personally think that would be possible considering all the regulations in place in certain countries.
Moreover how could Amazon declare its profits? 200 BTC in profits today equals roughly 8000 dollars but what would happen tomorrow if the trend dive or surge?

Cindy1983

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I believe it. Cause Bitcoin is coming very popular all around the world and there are some countries that legalized Bitcoin and accepted it for payment. Beside Bitcoin is very secure that why there are a lot of people that prefer pay in bitcoin to cash. But I afraid that someone will take avantage of Bitcoin to do some bad thing such as money laundering, the biggest money laundering I heard about it related to Btc-e. It's the main reason why there are some countries that banned Bitcoin but I think in the future Bitcoin will be legalized all around the world and we can use Bitcoin to purchase anything online on any website

xBitHodler

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That would be great! I would be able to spend my Bitcoin without intermediary. There is one company in my country which accepts payments with Bitcoin and after that they make a wire transfer whenever I want. Unfortunately, they only send money in my local currency. It's still really useful because I can pay my bills and order some electronics equipment thank to them. I don't need to use exchange anymore.

subSTRATA

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:^)

Quote from: SamboNZ on September 27, 2017, 02:24:16 AM

Quote from: Amalker on September 27, 2017, 02:09:52 AM

It will be awesome and a next big step for all cryptoworld. Many huge companies can follow Amazon's example.

Some huge companies that are already accpeting bitcoin like Microsoft. Besides its probably a fake news to create a pump bitcoin wont even handle the transactions again if amazon decides to use it.

there's no reason for these companies not to, at the time, there's no law forbidding the use of bitcoin, and it only serves to profit them. more payment options just means more people able to pay, and they know bitcoin fanatics will just buy something for the sake of buying something off amazon or wherever with bitcoin. it's a move that only makes sense and furthers their own interests (money).

Quote from: JohnBitCo on October 02, 2017, 02:34:42 PM

That's been in there companies meeting agendas for more than a year. So no this isn't a surprised and of course we believe it. All you have to do is the proper amount of research to know what's going on with companies like this. It is public information and it is not hard to get. Big company like Amazon is bound to support Bitcoin for their sales or else they will lose the customers with bitcoins .

i'd disagree, bitcoin or not, i dont think amazon would stand to lose customers if the proposition was denied; they're a well established company serving the interests of millions of people, and if the bitcoin integration proposition is denied, nothing changes. it's not as if theyve taken anything away. however, implementing it does have the potential to attract a larger audience, and that would translate into more income for the company and its stockholders, it's a win - win and they've only to gain from doing so.

JohnBitCo

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That's been in there companies meeting agendas for more than a year. So no this isn't a surprised and of course we believe it. All you have to do is the proper amount of research to know what's going on with companies like this. It is public information and it is not hard to get. Big company like Amazon is bound to support Bitcoin for their sales or else they will lose the customers with bitcoins .

Buckwheet

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Green Mining 85% Cheaper

I see this news long time ago. We have some ICO focus on online market like snap up , utrust. Cheesy

hope they do better

soy

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Wouoh, it would be really great that amazon accepts bitcoin soon, I'm tired of storing all my btc without being able to withdraw them and pay taxes ... For now, there is not enough websites that interest me among those who accept the btc, it is really money that sleeps ..... And the day where Apple'll accept btc too, I promise that I'll buy all its products

Kevin13

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Quote from: rudolfaxl on September 26, 2017, 05:13:25 AM

There are news about accepting bitcoin as a payment at Amazon. Here is the link to cointelegraph article. If this would be true we will get huge pump of the whole cryptocurrency market at October/November. What do you think about it? Just one more rumor?

If this article is good to be true or even a rumor that would be a good blessing in the whole cryptocurrency world hoping they would accept lot of known crypto coin. Thank you for this information mate, hopefully it will be.

Sithara007

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Quote from: Kingofbitcoin12345 on September 28, 2017, 10:14:19 PM

I hope amazon if not 5 years may implement it after that..

Everything will depend on the success of Bitcoin. Right now, only around 10 million people are using Bitcoins, and most of them are passive users. The exchange rates are far too volatile. May be in the next five years, the user base will expand to 100 to 200 million users. If that happens, then Amazon, Ebay.etc will be forced to accept Bitcoin.

DataStorm

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Thanks for bringing this up. I offered to make a bet that Amazon would accept BTC within 18 months. I still think they will. One of the reasons for volatility, imo, is it's investment status, rather then exchange medium. Amazon could greatly enhance the exchange side of the cryptocurrency.

Kingofbitcoin12345

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Quote from: Sithara007 on September 28, 2017, 09:51:16 PM

Quote from: Kingofbitcoin12345 on September 28, 2017, 09:37:36 PM

Is it confirmed by the amazon officials itself??. If none,, it will only fall as hearsay, rumors or just mere imagination.. But i will not be negative about it,, to say that it could be good to bitcoin for more will appreciate or reached out popularity million of users of amazon that can trigger on its high price.. It will to do good on both platforms..

It is just a rumor, and most likely a false one. The story was originally posted by a well known crypto-currency enthusiast in Steem or Reddit. And he posted a few screenshots as evidence, and the word "Bitcoin" was not found in any of these documents. I still believe that there is zero chance that Amazon may accept Bitcoin in the next 5 years.

Thanks to that clarification and I really be on hesitant on clickable links this days that's why I haven't read the article he is talking about.. My friend got scammed through a link being sent to him and I don't know what exactly happened because his not online for past few days.. I don't know if it is phishing or any other kind of malware.. I hope amazon if not 5 years to be implemented 6-10 years after that..

thecodebear

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It's just a rumor so I won't believe it until there is official word. I'm not expecting it to happen this soon anyways. But Amazon accepting bitcoin would probably be THE BIGGEST positive to happen to bitcoin. If Amazon were to accept it that would shut up all the people that say bitcoin isn't money, because through Amazon you could buy anything with bitcoin, therefore Bitcoin would be an accepted form of money if everyone's eyes.

This will eventually happen, I just don't think it will happen yet. And when it does the price is gonna absolutely skyrocket!

makishart

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Quote from: Kingofbitcoin12345 on September 28, 2017, 09:37:36 PM

Is it confirmed by the amazon officials itself??. If none,, it will only fall as hearsay, rumors or just mere imagination.. But i will not be negative about it,, to say that it could be good to bitcoin for more will appreciate or reached out popularity million of users of amazon that can trigger on its high price.. It will to do good on both platforms..

It's just rumour, i don't know where it come because people are suddenly talking about this rumour and make confusing title of in their topic.
there's no press, no news, or anything else. merely a rumour which created of nowhere.

wolfracer

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I believe that they are only rumors with no solid basis. Anyway for amazon to accept payments in Btc, minimum must had past at least 5 years, but above all Btc should be legally accepted in large part of the world thus demonstrating its solidity as coin.

Sithara007

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Quote from: Kingofbitcoin12345 on September 28, 2017, 09:37:36 PM

Is it confirmed by the amazon officials itself??. If none,, it will only fall as hearsay, rumors or just mere imagination.. But i will not be negative about it,, to say that it could be good to bitcoin for more will appreciate or reached out popularity million of users of amazon that can trigger on its high price.. It will to do good on both platforms..

It is just a rumor, and most likely a false one. The story was originally posted by a well known crypto-currency enthusiast in Steem or Reddit. And he posted a few screenshots as evidence, and the word "Bitcoin" was not found in any of these documents. I still believe that there is zero chance that Amazon may accept Bitcoin in the next 5 years.

Kingofbitcoin12345

full member

Activity: 462

Merit: 102

Is it confirmed by the amazon officials itself??. If none,, it will only fall as hearsay, rumors or just mere imagination.. But i will not be negative about it,, to say that it could be good to bitcoin for more will appreciate or reached out popularity million of users of amazon that can trigger on its high price.. It will to do good on both platforms..

farhansadik

member

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I think it is a Rumor.
I've been hearing this story for a long time, Actually it is not possible cause Amazon is a Giant selling site and the worth of bitcoin is Incredible Volatile.

helars2008

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The article said it is just rumors.
But if ever it will come true it will surely give a huge impact to the promotion of bitcoin and all cryptocurrency in the whole world.
I am one of those who are very hopeful that it will come true.

Topic: Amazon May Accept Bitcoin By October. Do you believe? - page 2. (Read 2439 times)