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Topic: Amazon Will Accept Bitcoin Speculation - page 4. (Read 2981 times)

sr. member
Activity: 966
Merit: 274
Support is much needed by Bitcoin to attain more development in terms of its system. And acceptance by bit business company like Amazon could be a vital sign for Bitcoin great future and it could result for an increase of support for both users and business in terms of transaction , investment and trading.
full member
Activity: 279
Merit: 100
If Amazon takes bitcoin, this will be a sign that the range of application of crypto currency is expanding. so it will be with any crypto currency that Amazon will accept.
newbie
Activity: 224
Merit: 0
Thats good news, since transaction became easy and less hassle due to bitcoin transaction. Im pretty sure everyone could buy some things at amazon and very accesable!
cr7
full member
Activity: 364
Merit: 100
Given the size and reach of Amazon, I wouldn't be so sure that they will just accept Bitcoin or another pre-existing coin. They could launch their own coin with Amazon-specific perks and do pretty good.
I fully agree with you. They would create their own coin with a peg to the dollar, then the price would be stable. And in the future with the possibility of exchanging for bitcoin and other altcoins.
newbie
Activity: 96
Merit: 0
Given the size and reach of Amazon, I wouldn't be so sure that they will just accept Bitcoin or another pre-existing coin. They could launch their own coin with Amazon-specific perks and do pretty good.
newbie
Activity: 70
Merit: 0
Amazon most likely isnt going to get involved in a scam. Bitcoins are tied to black market, dark web and other illegal activities including money laundering schemes. But the fact that more and more companies decide to accept bitcoins is undoubtedly good news.
jr. member
Activity: 78
Merit: 1
I think that's fake news, but it's only a matter of time before Amazon and other corporations start accepting btc. If they don't keep up with the trends they will lose customers, so it goes to their advantage to start implementing crypto.
newbie
Activity: 182
Merit: 0
Companies like Amazon wont just add a currency as payment method that isnt recognized by the authorities. I think that there needs to be a regulatory framework around crypto before we will witness such a thing. Maybe this wont become a reality with Bitcoin, but with another cryptocurrency that is regulatory compliant like cardano.

Why, in your opinion, not? Overstock.com had been doing it for years?
newbie
Activity: 79
Merit: 0
Companies like Amazon wont just add a currency as payment method that isnt recognized by the authorities. I think that there needs to be a regulatory framework around crypto before we will witness such a thing. Maybe this wont become a reality with Bitcoin, but with another cryptocurrency that is regulatory compliant like cardano.
newbie
Activity: 196
Merit: 0
A very good news because it will help them grow more and have a bigger idea into cryptosystem .
member
Activity: 448
Merit: 17
very good news
now the cryptoccurrency community seems to get a positive signal from amazon to be able to have cryptocurrency
amazon is the largest company, and makes Jeff Bezos the richest man in the world
jr. member
Activity: 224
Merit: 1
I am very happy to hear this news. I am happy if bitcoin is acceptable in the wider community. Bitcoin will not go extinct if people still believe in and use bitcoin. I just hope more and more parties that are receiving the presence of bitcoin. If many parties receive bitcoin, then I am sure the demand and supply of bitcoin market is getting higher so that it affects the bitcoin price that is getting stable. If many people receive bitcoin then people who use bitcoin will be more open and free in transacting.
sr. member
Activity: 462
Merit: 250
DONATION SENPAI PLEASE <3 <3
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/

This is kinda old now, there are many articles that have been made about bitcoin and amazon but then there was no any progress about Amazon's accepting bitcoin as a payment. There is no official announcement made on their website and for now, it is just all speculation's but I do think this is really possible that Amazon will actually do it but then we still need to wait for their announcement until then.
newbie
Activity: 70
Merit: 0
Amazon is a big company, If this is true, someone from the inside will be leaked. Regardless, the real person talking about this is a kind of artist.
These are people's speculations about what the company will do in the future
newbie
Activity: 101
Merit: 0
I don't think Amazon yet ready to accept bitcoin as a payment gateway, however if they do, it will indeed be huge boost for bitcoin and will get more popularity. Because million of people use amazon and will see the logo of bitcoin.
full member
Activity: 350
Merit: 100
The news seems to be fake news we have to wait for official announcement because without government interaction it is not possible to accept bitcoin.
That's why people should wait for official announcement from the owner of Amazon.

Many of these news were spreading not only on the bitcoin community but also to other forums. is it true? i pray that it is not.
member
Activity: 146
Merit: 10
Is this true ? This is great if amazon accepts payments with bitcoins. Because amazon is now a great e-commerce. It will certainly make it easy for us if you want to shop there. Hopefully sooner or later this will come true.
full member
Activity: 378
Merit: 101
This is will be absolutely amazing, If Amazon started accepting bitcoin then all other big companies of the world will also do the same. Their payments collections will be easier and they will feel more reliable. Therefore I think that accepting bitcoin as regular currency is the new step of bitcoin success. Now more and more people will trust bitcoin and will convert their local currency in bitcoin for their convenience and comfort.
newbie
Activity: 119
Merit: 0
Companies like Amazon.com are not average-joe traders just wanting to grow their investment cash as quick as possible. A sweeping shift as big as the one required to start taking crypto needs serious security. That gaming company surrendered on Bitcoin because of crazy high fees and high volatility.
newbie
Activity: 93
Merit: 0
Amazon has no control over what the markets may determine, but they have to watch out for whales resting on tons of $BTC that could sink or raise the price point ad-lib. $XRP is certainly not immune to price alterations or early-investors keeping an asymmetric portion of the currency, but its sizable supply does offer a barrier to private auctions.
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