There has been no official statement from Amazon regarding this. The media has quoted "anonymous" sources. What if the intention is to pump the prices for a limited duration, so that the whales can sell their coins at a profit? Let's not forget what happened with the Tesla adoption. Elon Musk made a few tweets, and the exchange rates rocketed to $62,000. And then he made the U-turn and the prices fell by more than 50%. So this time, I would be more cautious. Keep a close eye on the trade volumes. It will tell whether any manipulation is going on or not.
That could be a possibility, for all we know they've had staked already and they just want to hype that they are buying or integrating so as to help increase the prices and making people get to buying believing the price will increase resulting in a rug pull. For me, I just wait for it to really happen and become official. 
Topic: Amazon will accept Bitcoin payment this year - page 3. (Read 660 times)
Wow! This is most certainly a big news indeed, Amazon is a giant online store with millions of subscribers all over the world, btc lovers will be thrilled with this very important piece of information, the ability to be able to use btc to shop in one of the biggest online store in the world would be a great advancement, am also happy to hear this because I know directly or indirectly this will affect the price of btc in the long run, let the good news keeps rolling in. 
Definitely this is big news for bitcoin.
Imagine, millions of people have been using Amazon for online shopping and the fact that it now provides an alternative payment using BTC implies that more and more businesses have been seeing its potential for the future. This could actually affect the price of BTC to the point that it may increase in the next few weeks/months depending on the date of its implementation.
Nevertheless, even here in the Philippines, more and more online shopping websites have accepted BTC as a form of payment due to its convenience. Slowly but surely, the domination of cryptocurrencies would take over in the far future.
There has been no official statement from Amazon regarding this. The media has quoted "anonymous" sources. What if the intention is to pump the prices for a limited duration, so that the whales can sell their coins at a profit? Let's not forget what happened with the Tesla adoption. Elon Musk made a few tweets, and the exchange rates rocketed to $62,000. And then he made the U-turn and the prices fell by more than 50%. So this time, I would be more cautious. Keep a close eye on the trade volumes. It will tell whether any manipulation is going on or not.
I also search that information but no official news coming to Amazon so maybe this is just another hype they want to implement and eventhough this is good sight to see since we might gonna see bitcoin pump up after this huge price decrease happen unto it. Maybe its good not to buy those news spread but monitor them closely since if they release certain news like this provably we can see bitcoin rise up or it can possibly reach another new ATH to bitcoins.
There has been no official statement from Amazon regarding this. The media has quoted "anonymous" sources. What if the intention is to pump the prices for a limited duration, so that the whales can sell their coins at a profit? Let's not forget what happened with the Tesla adoption. Elon Musk made a few tweets, and the exchange rates rocketed to $62,000. And then he made the U-turn and the prices fell by more than 50%. So this time, I would be more cautious. Keep a close eye on the trade volumes. It will tell whether any manipulation is going on or not.
Well, I hope the demand for bitcoins as a payment option, will be higher than the hoarders selling coins to buy sh1t on Amazon. It will be good if Amazon could offer some kind of promotional incentive, like a 10% discount for people paying with Bitcoin at the start of the implementation.. so that people will have a reason to use it. 
Also, if Amazon is going to do this through a Payment processor .... then it will have zero impact.. because Payment processors simply convert all payments into Fiat.
Also, if Amazon is going to do this through a Payment processor .... then it will have zero impact.. because Payment processors simply convert all payments into Fiat.
This is another good news as Bitcoin adoption is increasing year after year, there has never been a direct means to use Bitcoin as payment on Amazon, but there will be changes even before the end of the year. Amazon is already planning to add Bitcoin to its payment method, it was said that the directive is coming from the Amazon president, Jeff Bazos.
I just hope that this is not another billionaire's personal playground that Jeff is trying to pull out like Elon. Tho if I am wrong I think their reason and timing are good as crypto is now widely accepted and this should probably boast more of their income as more crypto users will be interested in purchasing items from them. The thing is when I'm correct we now added another whale in the circulation who is trying to play the game ( those who can't ride the wave will surely drown) Quote from: https://www.cityam.com/amazon-definitely-lining-up-bitcoin-payments-and-token-confirms-insider/
“This isn’t just going through the motions to set up cryptocurrency payment solutions at some point in the future – this is a full-on, well-discussed, integral part of the future mechanism of how Amazon will work,” she told City AM.
“It begins with Bitcoin – this is the key first stage of this crypto project, and the directive is coming from the very top… Jeff Bezos himself.”
The insider also explained that directors of the world’s fourth largest company were keen to move towards ticking off other big cryptocurrencies once it had established a fast and secure method of Bitcoin payment.
“It begins with Bitcoin – this is the key first stage of this crypto project, and the directive is coming from the very top… Jeff Bezos himself.”
The insider also explained that directors of the world’s fourth largest company were keen to move towards ticking off other big cryptocurrencies once it had established a fast and secure method of Bitcoin payment.
This is another good news as Bitcoin adoption is increasing year after year, there has never been a direct means to use Bitcoin as payment on Amazon, but there will be changes even before the end of the year. Amazon is already planning to add Bitcoin to its payment method, it was said that the directive is coming from the Amazon president, Jeff Bazos.
Well it looks like they are already late since they planned it 8 years ago
Wait a minute what....
check this
http://amazonbitcoin.com
Created: 2013-03-15 18:23:47 UTC
So Jeff Bezos have been planning it since 2013???
You cheeky rascal....if this is true he surely owns a huge stash then.... he's a big whale!!!
check thishttp://amazonbitcoin.com
Created: 2013-03-15 18:23:47 UTC
So Jeff Bezos have been planning it since 2013???
You cheeky rascal....if this is true he surely owns a huge stash then.... he's a big whale!!!
I hope that the option of Bitcoin payment will be available for purchases on Amazon from any country. Hope it wont be like with PayPal, when you can buy Bitcoin only if you are in US. But, I think that it will be like that. Or such option will be available only for limited countries. (Same refers to buying Tesla).
Great news from Amazon, but more detailed information is needed. Because right now it partly looks like a clickbait, as all this info is from insider.
Now that you've mentioned it, I hope that Amazon will be available in my country because I spend too much in third party freights to deliver it to my country, what's the point of being global if it doesn't reach me right? I hope that it's not a clickbait because I feel like we only get a sneak peek of things. Great news from Amazon, but more detailed information is needed. Because right now it partly looks like a clickbait, as all this info is from insider.
This is another good news as Bitcoin adoption is increasing year after year, there has never been a direct means to use Bitcoin as payment on Amazon, but there will be changes even before the end of the year. Amazon is already planning to add Bitcoin to its payment method, it was said that the directive is coming from the Amazon president, Jeff Bazos.
Quote from: https://www.cityam.com/amazon-definitely-lining-up-bitcoin-payments-and-token-confirms-insider/
“This isn’t just going through the motions to set up cryptocurrency payment solutions at some point in the future – this is a full-on, well-discussed, integral part of the future mechanism of how Amazon will work,” she told City AM.
“It begins with Bitcoin – this is the key first stage of this crypto project, and the directive is coming from the very top… Jeff Bezos himself.”
The insider also explained that directors of the world’s fourth largest company were keen to move towards ticking off other big cryptocurrencies once it had established a fast and secure method of Bitcoin payment.
“It begins with Bitcoin – this is the key first stage of this crypto project, and the directive is coming from the very top… Jeff Bezos himself.”
The insider also explained that directors of the world’s fourth largest company were keen to move towards ticking off other big cryptocurrencies once it had established a fast and secure method of Bitcoin payment.
Great news indeed. But there is still some time until the end of the year. Who knows if there won't be another rollback as regulators target the new payment option. I recently started a thread here after Twitch (a company owned by Amazon) ended Bitcoin and crypto payments overnight without notice. So far there has been no official reason given.
Also, until now you could already indirectly purchase from Amazon with Bitcoin, just by buying Amazon vouchers with Bitcoin.
I hope that the option of Bitcoin payment will be available for purchases on Amazon from any country. Hope it wont be like with PayPal, when you can buy Bitcoin only if you are in US. But, I think that it will be like that. Or such option will be available only for limited countries. (Same refers to buying Tesla).
Great news from Amazon, but more detailed information is needed. Because right now it partly looks like a clickbait, as all this info is from insider.
Great news from Amazon, but more detailed information is needed. Because right now it partly looks like a clickbait, as all this info is from insider.
I wouldn't get too pessimistic if it starts out that way either. Many times allowing it in a country is the first step. If it is allowed in the USA it will be very bullish and the normal thing is that little by little it will be implemented for most countries in the world. Think that different countries have different legislation and may have a different process, with different permissions from the authorities, to be able to offer the purchase with Bitcoin.
I hope that the option of Bitcoin payment will be available for purchases on Amazon from any country. Hope it wont be like with PayPal, when you can buy Bitcoin only if you are in US. But, I think that it will be like that. Or such option will be available only for limited countries. (Same refers to buying Tesla).
Great news from Amazon, but more detailed information is needed. Because right now it partly looks like a clickbait, as all this info is from insider.
Great news from Amazon, but more detailed information is needed. Because right now it partly looks like a clickbait, as all this info is from insider.
This is another good news as Bitcoin adoption is increasing year after year, there has never been a direct means to use Bitcoin as payment on Amazon, but there will be changes even before the end of the year. Amazon is already planning to add Bitcoin to its payment method, it was said that the directive is coming from the Amazon president, Jeff Bazos.
Quote from: https://www.cityam.com/amazon-definitely-lining-up-bitcoin-payments-and-token-confirms-insider/
“This isn’t just going through the motions to set up cryptocurrency payment solutions at some point in the future – this is a full-on, well-discussed, integral part of the future mechanism of how Amazon will work,” she told City AM.
“It begins with Bitcoin – this is the key first stage of this crypto project, and the directive is coming from the very top… Jeff Bezos himself.”
The insider also explained that directors of the world’s fourth largest company were keen to move towards ticking off other big cryptocurrencies once it had established a fast and secure method of Bitcoin payment.
“It begins with Bitcoin – this is the key first stage of this crypto project, and the directive is coming from the very top… Jeff Bezos himself.”
The insider also explained that directors of the world’s fourth largest company were keen to move towards ticking off other big cryptocurrencies once it had established a fast and secure method of Bitcoin payment.
It is awesome news that made my day! I think it is a trigger for Bitcoin to increase significantly. I thought that only the performance of Elon Musk raised the Bitcoin price, but there is one more reason. So good I bought some Bitcoin 3 days ago. I think that it is a big step for companies to begin accepting Bitcoin or other crypto for their service, so my respect for the Amazon!
This is a very good news for bitcoin and bitcoin holders I believe very soon bitcoin is going to pump massively because lot's of companies are already accepting bitcoin as there payment method, so if you are yet to buy bitcoin or you think Bitcoin will still dump I believe this is the right time to Buy bitcoin because I believe in the next few months you won't see bitcoin at this price so is better you buy and hold now and wait for the moon.
....
In the face of a large amount of information, we should treat every news rationally and objectively, and keep the truth from the false. I only believe in the bright future of Bitcoin. I am willing to exchange time for the development of Bitcoin. I will insist.
....
In the face of a large amount of information, we should treat every news rationally and objectively, and keep the truth from the false. I only believe in the bright future of Bitcoin. I am willing to exchange time for the development of Bitcoin. I will insist.
This is undoubtedly the best news I have heard during this period of time. People always live in hope. This is also a spiritual pillar. I have also seen some different voices. We should deal with all problems rationally.
Quote
Why Amazon Does Not Accept Bitcoin
There's no directly cited reason by Amazon, but plenty of speculation exists.
Volatility, Regulation
The price of bitcoin is more volatile than the price of many other government currencies accepted by Amazon, so there could be some challenges in pricing products. The uncertainty about future cryptocurrency regulation might also be keeping Amazon at bay, as might the difficulty processing returns considering Bitcoin's wild price fluctuations.
Current Agreements
It is possible that Amazon already has great deals in place with major credit card companies, such as Visa (V) and other payment processors. Smaller online retailers don't get such favorable conditions, which creates a competitive advantage for Amazon.
Bezos
One speculative theory is that Amazon founder Jeff Bezos is not a fan of Bitcoin, possibly because he is opposed to the unregulated and anonymous nature of the technology. This theory gained some traction after the Washington Post, a newspaper that Bezos owns, published a particularly critical article in January 2016 entitled, "R.I.P., Bitcoin. It's time to move on." However, this theory is purely speculative.2
Digital Currency Rival
Another theory is that Amazon would like to eventually roll out its own digital currency. If that were the case, Amazon would likely avoid lending credibility to bitcoin, or open up its huge market to a competitor. Amazon already launched Amazon Coins in 2013 for games, apps, and in-app purchases
In the face of a large amount of information, we should treat every news rationally and objectively, and keep the truth from the false. I only believe in the bright future of Bitcoin. I am willing to exchange time for the development of Bitcoin. I will insist.
Just now a good friend who hadn't seen me for a long time contacted me on the phone, saying that he had reached Mount Everest again. I am happy to tell him that I really envy you and keep your young heart. I have been tortured by life. After so many years, I haven't changed except for my phone number. Everything else changed. I hope Bitcoin will treat me without changing!
Hmm, It's definitely big news, comparatively much more effective compared to when Tesla announced they accepted Bitcoin, after all, A lot of people use Amazon since they are an online retailer, compared to Tesla, but I don't think the effects would be as big as when Tesla accepted Bitcoin. It's kind of like the advantage of the first ones? The reaction would relatively be stale compared to back then, but there would still be a positive reaction no doubt about that.
I can't say the same for their native token though.
I can't say the same for their native token though.
If Amazon accepts Bitcoin as a payment method, it will definitely help bring the entire cryptocurrency into the mainstream.
Bitcoin is one of the unstable currencies.
Amazon exists or may exist in many countries/regions with unstable currencies. In the United States, the U.S. dollar is relatively favorable for daily transactions, and people will invest in Bitcoin for investment or ideological reasons. In countries where currencies are unstable or credit/banking systems charge high fees, people using Bitcoin to buy foreign goods may have a great advantage.
Bitcoin is one of the unstable currencies.
Amazon exists or may exist in many countries/regions with unstable currencies. In the United States, the U.S. dollar is relatively favorable for daily transactions, and people will invest in Bitcoin for investment or ideological reasons. In countries where currencies are unstable or credit/banking systems charge high fees, people using Bitcoin to buy foreign goods may have a great advantage.
Amazon will become the largest lightning network node, and all network liquidity and routing issues will be resolved soon.
In other words, it provides a lot of information for Amazon.
In other words, it provides a lot of information for Amazon.
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