Amazon to accept Bitcoin as early as this October? - page 2.

Clairvoyance

full member

Activity: 412

Merit: 152

Perceiving events in the future and beyond

Quote from: aardvark15 on October 05, 2017, 07:42:56 PM

Quote from: sanjeevtalks on September 23, 2017, 05:09:03 AM

As per a report broken by Squaker.org Amazon will accept Bitcoins as a form of payment soon. We could see a likely announcement on October 26th during Amazon's earnings conference call.

This could turn out to be a massive moment in the BTC history which could open up further possibilities.

Here's the report

https://squawker.org/technology/breaking-amazon-will-accept-bitcoin-by-october/11

Original Source - James Altucher

https://allthepics.net/image/KoNqw

If true, that would help legitimize Bitcoin. It would also encourage competitors of Amazon to adopt a similar policy whether accepting Bitcoins or another cryptocurrency.

My guess is that big retailers will need to start doing this to keep up with technology and the needs and demands of the customers. They need to be more on the cutting edge rather than falling behind. It's just something they will have to start doing.

I never got the chance to read if Amazon do release an official statement regarding as to whether they will accept anytime soon. Most it are just rumor still I'm hoping for Amazon if they will accept digital currency as payment before December. It might begin an unbalance ratio between ratio supply and demands though.

arbitrage001

legendary

Activity: 1067

Merit: 1000

People who actually spend bitcoin on payment are tiny. Doubt Amazon will go after small market.

Mister1k

hero member

Activity: 896

Merit: 520

Quote from: sasaku bitbit on October 06, 2017, 12:34:29 PM

This possibility is a news story that is not necessarily true if amazon want to accept bitcoin within nearby in October this crap on my race because there has been no letter or notification from amazon that they can afford the Government to accept bitcoin In short what could in this month of October

October is started now but I didn't find bitcoin payment window in the amazon.com or their other european domains. I have read that information and news in cryptocompare in the forum but there is no legit press release from the chair persons or financial advisers.
Still you can utilize the bitcoin to buy products in Amazon with the purse.io site,

sasaku bitbit

sr. member

Activity: 518

Merit: 250

This possibility is a news story that is not necessarily true if amazon want to accept bitcoin within nearby in October this crap on my race because there has been no letter or notification from amazon that they can afford the Government to accept bitcoin In short what could in this month of October

elegion

member

Activity: 108

Merit: 10

If Amazon end's up accepting Bitcoin then it would make my life a whole lot easier. I can also imagine the large profit margins of sites like shapeshift.io increasing and the exchanges growing astronomically. Or course, let's not forget all the new people adopting Bitcoin and falling into our ecosystem.

aardvark15

hero member

Activity: 1008

Merit: 510

Quote from: sanjeevtalks on September 23, 2017, 05:09:03 AM

As per a report broken by Squaker.org Amazon will accept Bitcoins as a form of payment soon. We could see a likely announcement on October 26th during Amazon's earnings conference call.

This could turn out to be a massive moment in the BTC history which could open up further possibilities.

Here's the report

https://squawker.org/technology/breaking-amazon-will-accept-bitcoin-by-october/11

Original Source - James Altucher

https://allthepics.net/image/KoNqw

If true, that would help legitimize Bitcoin. It would also encourage competitors of Amazon to adopt a similar policy whether accepting Bitcoins or another cryptocurrency.

My guess is that big retailers will need to start doing this to keep up with technology and the needs and demands of the customers. They need to be more on the cutting edge rather than falling behind. It's just something they will have to start doing.

alfaruq

newbie

Activity: 22

Merit: 0

The predicted increase in bitcoin prices starts to materialize, with google already admitted payments through bitcoin, maybe in the future amazon and other companies will also follow google, ebay and paypal to admitted bitcooin payments. That's all is a good first step for bitcoin prices to always increase in the future.

DeltaX

sr. member

Activity: 644

Merit: 250

Quote from: ReLieD on October 04, 2017, 12:02:52 PM

Quote from: sanjeevtalks on September 23, 2017, 05:09:03 AM

As per a report broken by Squaker.org Amazon will accept Bitcoins as a form of payment soon. We could see a likely announcement on October 26th during Amazon's earnings conference call.

This could turn out to be a massive moment in the BTC history which could open up further possibilities.

Here's the report

https://squawker.org/technology/breaking-amazon-will-accept-bitcoin-by-october/11

Original Source - James Altucher

https://allthepics.net/image/KoNqw

Well that might be just for amazon.com or amazon.us . Well if it's for the entire Amazon thingy then it's a pretty good news . I was really searching for a way to officially buy things from Amazon without buying vouchers / gift card or even depending on other people to buy it for me and I paying them .

You will never find anything related to that news because that just another rumor that already created by those are trying to hype the bitcoin. Is there a people buying in this rumour? Grin

LeGaulois

copper member

Activity: 2940

Merit: 4101

Top Crypto Casino

This is a fake news guys. It is simple, no official source from Amazon itself=not a reliable source to rely on. How someone not related to amazon in any way can tell you this. Don't you think if it was true amazon shouldn't be the first to annonnce it.
And by the way, if you really want to know, the sam new was posted about dogecoin on investing.com (without givin any source or something like that)

Izarok

full member

Activity: 237

Merit: 100

I think that this is only just a rumor. Since there are no official statement coming from Amazon that they will accept bitcoin anytime soon. I'd like to see some references other than which OP had already given. If there are no proofs then it is safe to assume that this is just a fake news.

ReLieD

sr. member

Activity: 546

Merit: 255

Quote from: sanjeevtalks on September 23, 2017, 05:09:03 AM

As per a report broken by Squaker.org Amazon will accept Bitcoins as a form of payment soon. We could see a likely announcement on October 26th during Amazon's earnings conference call.

This could turn out to be a massive moment in the BTC history which could open up further possibilities.

Here's the report

https://squawker.org/technology/breaking-amazon-will-accept-bitcoin-by-october/11

Original Source - James Altucher

https://allthepics.net/image/KoNqw

Well that might be just for amazon.com or amazon.us . Well if it's for the entire Amazon thingy then it's a pretty good news . I was really searching for a way to officially buy things from Amazon without buying vouchers / gift card or even depending on other people to buy it for me and I paying them .

WatchMaker

full member

Activity: 518

Merit: 104

PUFFY FINANCE

Quote from: sanjeevtalks on September 23, 2017, 05:09:03 AM

As per a report broken by Squaker.org Amazon will accept Bitcoins as a form of payment soon. We could see a likely announcement on October 26th during Amazon's earnings conference call.

This could turn out to be a massive moment in the BTC history which could open up further possibilities.

Here's the report

https://squawker.org/technology/breaking-amazon-will-accept-bitcoin-by-october/11

Original Source - James Altucher

https://allthepics.net/image/KoNqw

Sorry, Amazon failed to account for the source of this news - meaning it is just rumor.

Zicadis

legendary

Activity: 1372

Merit: 1027

Dump it!!!

if this Speculation doesnt end up like any other ordinary story collecting dust this could be one of the biggest successes bitcoin has had for the year 2017, and without the reversible transactions i think more sellers will come on board meaning a rise in demand unless an escrow is integrated into the system. And in the long term bitcoin could see a rapid surge in prices and open up a new market for Amazon.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: cryptocrusher on October 04, 2017, 08:08:36 AM

If this happens it will be a huge moment for bitcoin and I would expect a big price surge, not only is Amazon a huge retailer but it would also start to pave the way for further large corporations to begin accepting bitcoin as a payment method.

That's wrong, most of bitcoiners are traders and will not going to get affected by the acceptance of amazon, if amazon really accept bitcoin as one of their payment method, im sure that itll only help a few people while the rest of bitcoin users dont even care. the big price surge will not likely to happen, maybe amazon is a huge retailer but means nothing for the traders or big investors.

nakata90

sr. member

Activity: 381

Merit: 251

Quote from: investeerder on October 03, 2017, 04:03:49 AM

Quote from: sanjeevtalks on October 03, 2017, 02:39:55 AM

Quote from: UnDerDoG81 on September 30, 2017, 10:37:20 AM

Can not imagine. How will they do a refund? Btc price fluctuates every second. They can not pay you the same amount of btc back 20 days later. If you pay 1 btc and get 0,89 back then you'll become pissed, even if it is the same value you paid.

I am sure they'll draft a refund policy and will warn buyers at the time of buying itself on fluctuating values or even refunds back in the form of Amazon Pay.

October month come but there's no news about it from amazon and maybe they will analyzed some things regarding to this acceptance since the flactuating value of bitcoins are changing time to time but if amazon will pursue this adoption well a possible huge return of earnings will came unto them since we know bitcoins is been globally used by many people and certain powerful countries.

I also await the next news about AMZ, I think they need more time to prepare for accepting Bitcoin and how buying and selling goods with Bitcoin, as well as the security conditions.

cryptocrusher

full member

Activity: 420

Merit: 136

If this happens it will be a huge moment for bitcoin and I would expect a big price surge, not only is Amazon a huge retailer but it would also start to pave the way for further large corporations to begin accepting bitcoin as a payment method.

panorama

full member

Activity: 280

Merit: 102

Quote from: Oo ako to on October 04, 2017, 03:41:23 AM

That definitely will happen. If a company as large as Amazon wants to stay in business, they need to adapt depending on what the customer wants and that is including bitcoin as another form of payment. The demands of the customers will force every large companies to follow.

I don't think Amazon is at any risk of going out of business if they choose not to accept bitcoin. At least not at any point in the near future.

legendbtc

hero member

Activity: 1288

Merit: 508

Leading Crypto Sports Betting & Casino Platform

Quote from: AngelSky on October 02, 2017, 03:00:26 AM

Quote from: RoommateAgreement on October 02, 2017, 02:25:02 AM

i think this will eventually happen whether Amazon likes it or not. they can resist it all they want but eventually they have to give in. whether this October or next year or ... they will do it.

with the growth that bitcoin sees and also the competition that it is bringing with things such as OpenBazaar, things like Amazon will be screwed if they don't keep up with bitcoin and all that it offers.

But I think ,this will happen soon.Since the price of bitcoin is again start to raise its original value.So all the Seller will accept the bitcoin.Then Amazon also forced to accept the bitcoin for their transcation.Since the price of bitcoin is keeps on increasing.Amazon will get very huge profit when they sell bitcoin.

Yes, there is a chance once the US government gives license to the exchanges and start giving green signal bitcoin acceptance then the everybody will start accepting Bitcoin as payment in all e-commerce business. Not only Amazon there are many outlets will start accepting the Bitcoin as the payment method.

jerowacik

legendary

Activity: 1162

Merit: 1000

Quote from: hase0278 on October 04, 2017, 03:56:41 AM

Quote from: Oo ako to on October 04, 2017, 03:41:23 AM

That definitely will happen. If a company as large as Amazon wants to stay in business, they need to adapt depending on what the customer wants and that is including bitcoin as another formm of payment. The demands of the customers will force every large companies to follow.

It would be nice if it would really come true but the links provided by OP are not reliable ones. They look like that they are clickbait and if this news about amazon accepting bitcoin this October, then it would have had been already published on cointelegraph or other trusted sources and also by amazon themselves confirming that they would accept bitcoin this month. Since I haven't seen Amazon do that, I think news is fake.

there should be official information from amazon, because the maze of information will not give us a belief. sometimes some people also make false information for their own purposes. yes no information will really happen if there is no official information from amazon. this is a common thing in today's technology era.

illyiller

hero member

Activity: 697

Merit: 520

Quote from: Oo ako to on October 04, 2017, 03:41:23 AM

That definitely will happen. If a company as large as Amazon wants to stay in business, they need to adapt depending on what the customer wants and that is including bitcoin as another form of payment. The demands of the customers will force every large companies to follow.

Is that what the customer wants? My take from people is that they are very happy with the free same-day/1-day delivery, streaming service, AmazonFresh/Prime Now services. They seem to be phasing out Fedex/UPS entirely and drastically improving delivery times. Amazon has got a lot on their plate with their perpetually huge expansion. They're taking over the world, basically.

And I honestly don't think that the vast majority of their customer base is demanding that they accept Bitcoin. I think much of their customer base is silently rooting for them to continue taking over global commerce, so they can realize even lower costs.... that's about it, though.

Topic: Amazon to accept Bitcoin as early as this October? - page 2. (Read 3552 times)