Topic: Can Amazon Integrate Bitcoin? - page 11. (Read 3790 times)
As an online shopping store giants they should and can be implemented. If so this happens trust me they can double their customer and profit big time
I believe in the future, but now is so difficult, because of volatility! The BTC is so young, we need to learn and trust in this way of payment.
Volatility have not stopped purse.io integrating amazon cart into their system somehow and allowing users to make use of bitcoin.As long as you are paying for the value of what you are purchasing at that point in time, I see no reason why that should be a problem. It is expected that volatility can happen in 2 ways.
Moreover, this would bring more opportunities for the usage of the coin with more people adopting it. However, I totally admit that BTC is still young and there are so many developments that need to be done before hitting these stages, but it has to be fast so we don't miss the show.
yes I think it can integrate. it will always be a time of progress, if not today. One of the first markets to do this business is the share grows. and nobody can stay indifferent to it. Certainly some will do it.
I'd love to see Amazon and other big players accepting bitcoins. However, the high fees and slow transaction times make the use of bitcoin not feasible for a company which processes 600 orders a second (2016).
gotta agree with you on that one..
amazon handles alot of low value transactions. bitcoin is not a viable option with their slow transaction time and huge fees. it is more likely they would adopt ripple. a centralized entity with fast transaction, low fees and focused on banking.
Highly possible, Steam did it 2 years ago, Amazon should have already added it but just not yet...
But they need to consider so many thing since Paypal already used for payment method in amazon since then which people oftenly said that Paypal is the only real competitors for bitcoin leading the digital paymentin this world.
But they consideration will be whether the integration with bitcoin could bring them benefits or just merely disadvantage, they will make their own decision.
Highly possible, Steam did it 2 years ago, Amazon should have already added it but just not yet...
Yes for sure he bitcoin and the Amazon are going to be the best for the future I know how the bitcoin is increasing in the value and I hope the bitcoin will give all the people a chance and the fun of the bitcoin will buy all the people the chance to have the high value and the low transaction I hope it will be the best step in the history of the bitcoin and not only the Amazon but other will also accept the bitcoin.
I think they will accept BTC soon. Nowadays many big company works with BTC. I read that article and i was surprised 
Who accepts bitcoins as payment? List of companies, stores, shops: https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/
Who accepts bitcoins as payment? List of companies, stores, shops: https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/
It is a payment system, so of course it can. The question is do they need it? it has unstable movements in the price all the time, so there is no point to do that in the closest time
Unstable price movements won't impact amazon at all.
Please keep in your mind that if Amazon is going to accept bitcoin, they will do it through a 3rd party channel such as bitpay, which converts the BTC to fiat at the rate of the buy point.
Which means that you pay with bitcoins, but amazon gets fiat, they are not open to any changes in the bitcoin price.
That's a possibility, but it's also possible for them to keep a certain percentage of the Bitcoins.
Overstock is doing that and keeping around 50% of all Bitcoin payments they receive, perhaps there are other companies that are doing the same.
I'd really like to see some statistics on Bitcoin payments from other companies, if usage is too low then I don't see Amazon accepting Bitcoin in the near future.
Hence the involvement of third party including the sponsors of the btc are involved in exchanges through this site which would make it possible for the Amazon to be largest holder of digital assets in the upcoming few years.
Since paypal is basically ebay owned and not accepted at amazon it does make sense they might incorporate a crypto as a way to attack paypal. Maybe they will launch amazon coin we will see.
Paypal and Ebay are two separate companies for a long time now. Amazon has never included Paypal because Amazon considers Paypal as a competitor directly and not directly. If you use Amazon you have noticed this company is not accepting any payment processor. They accept only Visa/Mastercard, gift cards, etc.
They have already Amazon Payment that they struggle to be adopted so I don't think they are ready to create their coin anytime soon.
I'd love to see Amazon and other big players accepting bitcoins. However, the high fees and slow transaction times make the use of bitcoin not feasible for a company which processes 600 orders a second (2016).
Correct. However, that doesn't mean Bitcoin will never be able to function as proper currency tool when it comes to buying stuff (regardless of how low or high the value of the items are). Lightning Network is what people are waiting for, and this will directly result in a far higher transaction processing capacity per second, far lower fees, etc. Ultimately, this will allow people to conduct micro transactions, allow people in third world countries to utilize Bitcoin without having to worry about confirmation times, costly fees, etc. If Amazon is ignoring Bitcoin on purpose right now because of the current 'drawbacks', they will have no reason to ignore Bitcoin any longer with Lightning Network being functional.
Actually, we can buy goods from amazon by using purse.io, it is a vendors that help bitcoin users to spend their bitcoin. We only need to choose the goods that we desired to buy on the wishlist then put the wishlist in purse .io then wait somebody to buy the good using usd then we get the goods and the person who buy the goods using usd will get our bitcoin.
There are hundred of ways where people can use bitcoin to buy things from amazon, but they are all indirectly, it is not wethere it is possible or not, it is about acceptence, if bitcoin gets accepted as an official payment method, because not only it eliminates any third party sites for us and removes the extra fees, but it is also more convinient becuase we would be able to use bitcoin at its all potential, and also it introduces more poeple to bitcoin who maybe haven't heard of it up until now, and they would be curious to know about it when they see it on amazon. 
Actually, we can buy goods from amazon by using purse.io, it is a vendors that help bitcoin users to spend their bitcoin. We only need to choose the goods that we desired to buy on the wishlist then put the wishlist in purse .io then wait somebody to buy the good using usd then we get the goods and the person who buy the goods using usd will get our bitcoin.
They can, but only if the use of the bitcoin its higher than now and they will not like to do this integration, because they own the AmazonPay and they will not like a currency which they cannot be a partiner or buy the company.
I'd love to see Amazon and other big players accepting bitcoins. However, the high fees and slow transaction times make the use of bitcoin not feasible for a company which processes 600 orders a second (2016).
newegg and overstock both accept bitcoin it shouldn't be much longer until they accept it too.
Jesus...i really hope so...this whole amazon gift cards trading monkey business stops...:-)
They can clearly can but the only problem is do merchants on amazon will accept this update and changes issued by the amazon company if they issued bitcoins as one of payment methods.I think that some merchants will not accept it
Who cares whether the merchants accepts bitcoin or not ,if they let users to purchase the products with bitcoin they could cash out immediately and there is nothing worrying about the volatility we have with bitcoin if they could cash out immediately and they could come up with a good front end. 
They can clearly can but the only problem is do merchants on amazon will accept this update and changes issued by the amazon company if they issued bitcoins as one of payment methods.I think that some merchants will not accept it
I believe so. Amazon is one of the biggest online buy and sell company around the world. I think they have the suffecient technology and staff to implement bitcoin in their system. The only question that is running in my mind is when will they start integrating it. Hopefully, they’ll do it sooner because a lot of bitcoin user will be pleased.
Maybe this time amazon is still doubted the capabilities of bitcoin. I believe they are making steps/plan towards crypto. Or they are just waiting that bitcoin is fully established and some big companies accepting it. Anyway, not only amazon are planning on that way and maybe we are just surprise by next year that all of them are in crypto. 
If amazon decided to integration with bitcoin, what will the current amazon alternatives in the market do? There are many cryptocurrency market places projects. some of them in ico phase.
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