This is a rumour I think. There is a less chance that amazon will accept bitcoin. But if it does then bitcoin will more valuable than ever. And amazon will also get profit from it. But as amazon runs in different nations they have to convince the governments . And I don't think any Gov will allow that easily.
Topic: Amazon Will Accept Bitcoin Speculation - page 13. (Read 2958 times)
I see three problems with this: scalability, scalability and scalability. At the moment bitcoin is still not ready for the volume that amazon would bring and i'm afraid that at the current point it would do more harm than good. Once the network is able to process at least one million transactions per second, (and reduce fees) this would be a completely different story.
that is a non problem because even if Amazon starts accepting bitcoin there won't be a huge rise in the number of transactions per day. the adoption is always a slow process. there may be some increase at first but it won't go from current 230K to 1 million tx/day all of a sudden. it may take a year to get there and with SegWit and hopefully LN some of this can be covered.
although i don't see a need for 1 million tx/sec even in a year.
I see three problems with this: scalability, scalability and scalability. At the moment bitcoin is still not ready for the volume that amazon would bring and i'm afraid that at the current point it would do more harm than good. Once the network is able to process at least one million transactions per second, (and reduce fees) this would be a completely different story.
Why isn't it ready? What negative effects could this have? We have more than enough miners at the moment and new publicity will bring in even more.
Amazon is experimenting the eased used of crypto especially bitcoin. This is what the tech giants are currently doing not just amazon except for google. This happens early this year when bitcoin price started booming.
It may be a good news for us because if this tech giants gets comfortable using it the price would again sky rockets
It may be a good news for us because if this tech giants gets comfortable using it the price would again sky rockets
I see three problems with this: scalability, scalability and scalability. At the moment bitcoin is still not ready for the volume that amazon would bring and i'm afraid that at the current point it would do more harm than good. Once the network is able to process at least one million transactions per second, (and reduce fees) this would be a completely different story.
The Amazon are already watching bitcoin for sure and they are just waiting for bitcoin to become more stable and stronger than before and now so if they will accept it then they will not have any problem with the usage of bitcoin because one of the reason why they are not accepting it because of the volatility that can cause them to have losses which is not good for a merchant because they will have negative profit.
I see three problems with this: scalability, scalability and scalability. At the moment bitcoin is still not ready for the volume that amazon would bring and i'm afraid that at the current point it would do more harm than good. Once the network is able to process at least one million transactions per second, (and reduce fees) this would be a completely different story.
I'm not sure if squawer are a reliable source but I do hope this has some elements of truth in it. I've search the web and can't find any other news source confirming this though.
I also think that this source is not reliable, news about Amazon accepting bitcoins are in circulation for years, and I will not believe in this until it finally happen. 16 days until the date, I would like this to happen, I will buy something on Amazon with bitcoins and I will see how that works soon as it happen. I think some people wrote to Amazon and they shared their answer, they can get many new customers with accepting bitcoins and they know it, that's why they will accept bitcoins one day.
let's see, when it'll be realised. If amazon will start it, other big companies may join to it too.
really Bitcoin's price will increase. one company received Bitcoin surely another company will also follow it.Not only that Amazon is the company we want to accept bitcoin. They sell all kinds of things and actually own different companies under the Amazon name. They are a giant and this would be the biggest step bitcoin has taken in all its years in my opinion.
I'm not sure if squawer are a reliable source but I do hope this has some elements of truth in it. I've search the web and can't find any other news source confirming this though.
this is good news. if this is true and amazon has received a payout through bitcoin of course the future of bitcoin gets brighter. you can see that all those holding bitcoins can improve their finances. and amazon opens a great opportunity for bitcoin to become king in the world of digital money beat gold
let's see, when it'll be realised. If amazon will start it, other big companies may join to it too.
really Bitcoin's price will increase. one company received Bitcoin surely another company will also follow it.
Don't always believe what the eyes see and the ears hear. This leads to deception sometimes.
This is the trick magicians are using to deceive their audience.
Always be skeptical and vigilant.
If something seems too good to be true, it probably is!
In regards to Amazon accepting Bitcoin, it could go both ways depending on what is the real reason Bitcoin came about, what's the agenda behind it and where it will lead.
This is the trick magicians are using to deceive their audience.
Always be skeptical and vigilant.
If something seems too good to be true, it probably is!
In regards to Amazon accepting Bitcoin, it could go both ways depending on what is the real reason Bitcoin came about, what's the agenda behind it and where it will lead.
If true amazon will receive payment with bitcoin this will be a new revolution. and maybe other online stores will also be nursing because they will also not lose with amazon
Really? that's great. If this is true, then just imagine how big Amazon corporation is, BTC value will surely skyrocket in no time. I hope they will include international orders as well so that I can take advantage of the sales this coming Black Friday and Cyber Monday. Cheers!
news that comes into false reports we have to wait for the official announcement because without government interaction then can not accept bitcoin.
That person should wait for real announcements from Amazon owners.
That person should wait for real announcements from Amazon owners.
If this happens it will be the start of BTC being accepted worldwide. Imagine a big company like amazon accepting cryptocurrency. Trust will be built and people will have interest on it and price will increase because of the demand.
Any more news about this? if this were to happen it could be the new boom for bitcoin. Amazon probably the biggest commercial business in the world accepting bitcoin would give us great exposure and I for sure would use the service via bitcoin.
According to a newsletter from The James Altucher Report, Amazon will soon begin accepting Bitcoin, which they will officially announce as early as October 26th during their earnings conference call.
Source: https://squawker.org/technology/breaking-amazon-will-accept-bitcoin-by-october/
Source: https://squawker.org/technology/breaking-amazon-will-accept-bitcoin-by-october/
When the news filtered the airwaves some weeks back, I was initially on the pessimist side because the same several news has happened neither would the party concerned confirm it nor would will see the implementation but with date attached to it now, I am likely to believe it to a large extent but at the same time, there is a long period between now and on the 26th which means things can still change. As we await the official news, let all keep the hopes high.
According to a newsletter from The James Altucher Report, Amazon will soon begin accepting Bitcoin, which they will officially announce as early as October 26th during their earnings conference call.
Source: https://squawker.org/technology/breaking-amazon-will-accept-bitcoin-by-october/
Source: https://squawker.org/technology/breaking-amazon-will-accept-bitcoin-by-october/
I read the article i guess it's seem fake news, but i actually really hope it'll be true i think for more accurate just need the official news from the amazon team.
This would be the best thing to happen for bitcoin and it would boom the pricea big company like amazon accepting bitcoin would mean that nearly everything that a general person purchases would be readily available to buy with bitcoin. increasing bitcoins exposure aswell as our long term goal. becoming mainstream
If this becomes true, soon we will see a sharp rise in the price of bitcoin. And this will be a steady growth. The popularity of bitcoat among many buyers will significantly increase its cost
Jump to: