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Topic: Can Amazon Integrate Bitcoin? - page 9. (Read 3764 times)

member
Activity: 686
Merit: 30
April 30, 2018, 11:43:46 AM
its possible , and i think it wil make amazon increasingly in interest , because some people feel lazy to change their Btc into fiat to buy smething
member
Activity: 144
Merit: 10
Global Risk Exchange - gref.io
April 29, 2018, 06:03:09 AM
In small online stores you can already pay with bitcoin and other crypto currency. It is high time for the giants to accept them. If this happens, the price of bitcoin should go up to $ 50,000.
full member
Activity: 266
Merit: 100
April 22, 2018, 11:08:27 PM
I think amazon and any other major company integrating bitcoin as a payment method won't be too hard in the future, they will have such a way that on purchase the bitcoin is instantly sold off in to the currency needed (USD for example) so that it is almost a seamless transaction for everyone. Accepting bitcoin as part of payment for their services will help them alot in even making more profit
full member
Activity: 350
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BITDEPOSITARY - Make ICO's , More Secure
April 18, 2018, 02:28:05 PM
Of course it can be implemented and there is a rumor going on its done. Its about time some online takes notice of the precious block-chain Tech King

True, it has a good chance of being integrated since amazon is an on-line market that caters users across the globe so I think if bitcoin or other cryptocurrency becomes more popular and acceptable then it would only be normal for these online markets to adapt to these kind of changes.
full member
Activity: 294
Merit: 100
April 18, 2018, 02:15:21 PM
Yes they can but the answer is will they. What prevents Amazon to launch their own crypto and use it as medium of exchange. They do not really have the incentive to integrate BTC. Look at what openbazzar doing, first they introduce BTC and other altcoins as a medum of payment but eventually they are planning to launch their own ICO. Amazon surely will implement blockchain and other stuff but highly unlikely to integrate btc into its platform
newbie
Activity: 240
Merit: 0
April 18, 2018, 02:08:03 PM
They can integrate bitcoin in their payment methods if they wish, it will not be very hard for a company as big as amazon to find a way to use bitcoin to their favor but I think they will be more inclined to make a coin of their own and pass it on to their customers to use.
member
Activity: 238
Merit: 10
January 12, 2018, 11:34:58 PM
I'm sure they will be able to integrate Bitcoin into their payment system, but I don't think they will. This is due to the fact that Bitcoin transaction fees are really high now. I think they would opt for something like Litecoin or something cheaper.
hero member
Activity: 798
Merit: 500
December 20, 2017, 07:50:36 PM

I think amazon and bitcoin is not having any thing in common. For the amazon to work properly it needs to be very fast and the customers it owns is general people who may or may not be knowing the bitcoin in first place. This way they might loose some customer base. Yes they can have the other payments system in place of sure but this also confuses people on choosing the transaction agents. This is about whether amazon will merge the bitcoin system or not. With current regulation on the bitcoin it might be difficult to manage in each and every other country. SO they might need to target the use of bitcoin payment mode to country specific. So you see many complications might just arrive during the journey of adding up the bitcoin payment processor.
Bitcoin will give a lot to the amazon and all this is just happening in next year now bitcoin community has grown stronger and more denser and people also want to use bitcoin a payment and amazon did very well to recognize bitcoin and this act of amazon will take it to the leading seat of e-commerce and in following the amazon many other online are also interested in accepting bitcoin payment because they know fact that it will give max.
I think all the online stores must recognize the bitcoin and some of the other crypto currencies as soon as possible because it will also maximize the profits which they are already having. Another advantage of the bitcoin recognition will be that amazon or ebay will hold certain amount of bitcoins which will give them a lot of profit and also to many others who are earning from the bitcoins. The companies jumping in will increase the confidence of the people and so will be the demand.
full member
Activity: 368
Merit: 104
December 20, 2017, 02:48:24 AM

I think amazon and bitcoin is not having any thing in common. For the amazon to work properly it needs to be very fast and the customers it owns is general people who may or may not be knowing the bitcoin in first place. This way they might loose some customer base. Yes they can have the other payments system in place of sure but this also confuses people on choosing the transaction agents. This is about whether amazon will merge the bitcoin system or not. With current regulation on the bitcoin it might be difficult to manage in each and every other country. SO they might need to target the use of bitcoin payment mode to country specific. So you see many complications might just arrive during the journey of adding up the bitcoin payment processor.
Bitcoin will give a lot to the amazon and all this is just happening in next year now bitcoin community has grown stronger and more denser and people also want to use bitcoin a payment and amazon did very well to recognize bitcoin and this act of amazon will take it to the leading seat of e-commerce and in following the amazon many other online are also interested in accepting bitcoin payment because they know fact that it will give max.
full member
Activity: 504
Merit: 106
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December 18, 2017, 12:12:15 AM
Purchasing items will be better if amazon does found a way to integrate bitcoin as a way of payment. They need to fix the transaction fee because if its too high then they will lose a lot of interested buyers. Most of the buyers online loves to find cheap deals. If the transaction fee is too high, customers will just pass on the deal and move on to a more cheaper deals. If those issues were fix, I can't see any reason why amazon won't use bitcoin as mode of payment. At the end of the day, both parties will earn money and its a WIN WIN situation.
member
Activity: 64
Merit: 10
December 17, 2017, 10:03:02 PM
Why any company would accept bitcoin in its current form is beyond me. The transaction fee is almost $20. There's a reason why steem dropped it. They really need to solve the huge transaction fee or integrate with a 3rd party wallet/payment system for it to be viable.
member
Activity: 81
Merit: 10
December 17, 2017, 10:00:48 PM
On October 31, Amazon listed three domains associated with cryptocurrency, which sparked speculation that Amazon would soon start receiving cryptocurrency as a method of payment. The intended domains are amazonethereum.com, amazoncryptocurrency.com, and amazoncryptocurrencies.com. Previously, Amazon already has a domain name amazonbitcoin.com. The news about Amazon's decision to buy 3 cryptocurrency-themed domains will certainly affect the cryptocurrency market in the future.

This is not the first time rumors that Amazon will accept the digital currency. A few weeks ago, there was news coming from Silicon Valley that reported that Amazon would soon be able to integrate Bitcoin as a payment option. Every step undertaken by Amazon, one of the most innovative and influential technology companies in the world, will always have enormous consequences or effects.
Instead news surfaced as "anti" from Amazon news that will soon receive payment in digital currency. In an interview, Amazon Pay vice president Patrick Gauthier stated that Amazon is not planning to accept cryptocurrency because there is little demand. Given the majority of online payments made via debit and credit cards, Gauthier's statement sounds reasonable and convincing.
sr. member
Activity: 327
Merit: 250
December 17, 2017, 07:39:46 PM
There are rumors that Ebay will start implementing bitcoin.
I am hearing rumors for a long time that the major e portals will be implementing bitcoin but till now there are no signs that they are no where near integrating bitcoin with their business model,if they accept it is well and good,but with the transaction charges higher than ever,who will be using it to purchase products from these sites. Tongue
member
Activity: 179
Merit: 49
Solving review fraud in the skilled trade industry
December 17, 2017, 07:32:18 PM
There are rumors that Ebay will start implementing bitcoin.
full member
Activity: 238
Merit: 100
The All-in-One Cryptocurrency Exchange
December 17, 2017, 07:13:44 PM
If true as the topic is right, Amazon integrates payment with Bitcoin, this is a very good signal for the future of Bitcoin. Because once an e-commerce platform like Amazon integrates BTC, there will be many e-commerce platforms like eBay, Alibaba ... in the future will integrate BTC into a valid form of payment. And then Bitcoin will become the currency of the future, it will be accepted by the government as an official currency. I very much hope the next 20 years Bitcoin will be popular around the world.  Grin
legendary
Activity: 2030
Merit: 1030
Privacy is always important
December 17, 2017, 07:11:44 PM
amazon is the famous online market from america it? does this topic about: whether bitcoin can be a transaction tool in amazon? is it like that?
because that I know, in amazon it transactions using paypal.
I did not understand what you are telling here,but do you use paypal to purchase goods from amazon  Roll Eyes i have not seen that option and i am using amazon for a long time and it is highly unlikely they will be accepting bitcoin anytime soon mainly because of its volatility .So do not expect these things to happen anytime soon.
Yeah i think they don't accept bitcoin unless if bitcoin is stable in the future maybe they will accept it but for now i was waiting looks like they have no plan to accept bitcoin they seen the price is burst bubble and anytime soon the price could be increase more or drop a lot..

Why not use purse.io since this is a 3rd party of amazon that accept bitcoin as payment.. 

Unlike namecheap right now honestly they are accepting bitcoin as payment .. and i am happy that they are accepting because i can buy domain and hosting there with bitcoin.
hero member
Activity: 1694
Merit: 541
December 17, 2017, 07:01:06 PM
amazon is the famous online market from america it? does this topic about: whether bitcoin can be a transaction tool in amazon? is it like that?
because that I know, in amazon it transactions using paypal.
I did not understand what you are telling here,but do you use paypal to purchase goods from amazon  Roll Eyes i have not seen that option and i am using amazon for a long time and it is highly unlikely they will be accepting bitcoin anytime soon mainly because of its volatility .So do not expect these things to happen anytime soon.
full member
Activity: 448
Merit: 109
December 16, 2017, 07:01:06 AM
Amazon's embrace of bitcoin is a positive signal. But it's not that Amazon can integrate bitcoin, it should be bitcoin to force Amazon to start to integrate. I think most of the shopping sites are in a few years.

It is a positive signal for cryptocurrency and bitcoin in general because if this happens I think that many other people will start to recognize bitcoin and to use it. If they wanted to implement bitcoin they would have done it by now already. Thing is that if some BIG company/merchants accept cryptocurrency it can only do good for the cryptocurrency price. But they are doing well without bitcoin... since many people will buy with fiat currency and will pay with them rather than pay in bitcoin. I don't believe that they would skyrocket even more if they implemented bitcoin right now, it could help bitcoins price but it wouldn't help amaozon to breakthrough new barriers since crypto market is still small thing for giant players out there.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
December 16, 2017, 06:54:07 AM
They sure can do it, but will they is another question for this matter. Think that they are not for the moment into this cuz price for the moment isnt good for them but its good for us. Dont think that Amazon will dismiss this idea but they will probably do this in next year or two and believe after them many others will follow then into doing this.
sr. member
Activity: 602
Merit: 259
December 16, 2017, 05:43:35 AM

I think amazon and bitcoin is not having any thing in common. For the amazon to work properly it needs to be very fast and the customers it owns is general people who may or may not be knowing the bitcoin in first place. This way they might loose some customer base. Yes they can have the other payments system in place of sure but this also confuses people on choosing the transaction agents. This is about whether amazon will merge the bitcoin system or not. With current regulation on the bitcoin it might be difficult to manage in each and every other country. SO they might need to target the use of bitcoin payment mode to country specific. So you see many complications might just arrive during the journey of adding up the bitcoin payment processor.
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