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Topic: Idea: How to increase bitcoin demand - page 12. (Read 3219 times)

member
Activity: 86
Merit: 10
September 28, 2017, 09:31:26 AM
#14
It certainly is a great idea but until traditional banking allows easy exchange of fiat to bitcoin and vice versa, it is unlikely that major companies will take bitcoin, especially if they are listed companies on the stock exchange. Accounting and auditing will be a nightmare for just an incremental, if at all, adjustment of revenues from cryptocurrency. Most will adopt a wait and see approach no matter what kind of lobbying they receive from bitcoin communities, as they know that it represents a small percentage of their client base.

Good idea, but it will take time.
legendary
Activity: 2618
Merit: 1105
September 28, 2017, 09:25:53 AM
#13
It is not good to contact them directly but we should manage something which contains signs of verified buyers from Amazon with at least 50k - 100k people signing that petition and saying that they are interested in paying with Bitcoins and that Amazon should allow listen to their users' demand and allow them to do so. I think that Purse.io is the only way which allows us to buy and sell through Bitcoins at Amazon (indirectly), but it is limited to select countries and things and we need to lift up those limitations for which we need to push them hard.
mk4
legendary
Activity: 2870
Merit: 3873
📟 t3rminal.xyz
September 28, 2017, 09:20:25 AM
#12
I would be happy to submit a request to Amazon. Do you have a link to a contact page on Amazon where we can enter our request?

Even better: What if you made a template for us and we could just copy/paste it to make it easier for us?

Alternatively, we could start a BitcoinTalk.org petition for the adoption of Bitcoin on Amazon.com. I think it could have a chance to spread awareness, especially if we can get it on Reddit somehow.

Amazon feedback link: https://www.amazon.com/gp/help/rsvp/leave-feedback.html

A petition would be good, probably on a site like change.org or something. I'm completely against making a template so we could just copy and paste the message though. They would probably just take it as spam. I prefer writing a short and sweet suggestion explaining how and why we wanted to pay with bitcoin.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
September 28, 2017, 09:14:49 AM
#11
you should first think what kind of demand you want.
so far it has been mostly the speculator's demand type. where more people come in and start investing in bitcoin and want more money out of it. and there is nothing stopping that as long as bitcoin is on the rise. in other words it will be like this for years.

the other type of demand is what you point out, the demand as a currency. for that i am afraid an stable price is needed most. because when people feel 1 bitcoin which is worth x today can be worth 100x tomorrow they are less willing to spend that as a currency.
sr. member
Activity: 420
Merit: 251
September 28, 2017, 09:06:24 AM
#10

Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.
Most major e-commerce websites such as Amazon are already aware of Bitcoin but there's one problem.
People who use Bitcoin to make purchases are only a tiny subfraction of Amazon's customers and implementing it wouldn't have any significant impact to their sales anyways because you (and everyone else) will use Amazon regardless.
newbie
Activity: 20
Merit: 7
September 28, 2017, 08:50:25 AM
#9
you won't increase the demand by doing that! you just show the demand that already exists. if those people who are willing to spend bitcoin on sites like Amazon can show their interest so that Amazon can know how many are out there who want this new feature.

you can not lie about it either. because if you show fake interest and they finally add bitcoin and it were not as big as it was claimed then it would be removed and will create a big shame. for example if you make fake demands for addition of ETH you will just embarrass yourself as nobody uses that for payments.

We are the users and we have the power to request cryptocurrency payments. Amazon values its users a lot, and that's the reason they're successful. If they receive enough signals from users that want BTC/Alt-coin payment method, they will start to consider it much more seriously than now.

The only way to make cryptocurrencies mainstream is to start buying/selling stuff with them, like with fiat. Don't worry about the transaction times and fee's, the market will find a way to solve the problem if there's enough user demand.

hero member
Activity: 1470
Merit: 655
September 28, 2017, 07:56:09 AM
#8
you won't increase the demand by doing that! you just show the demand that already exists. if those people who are willing to spend bitcoin on sites like Amazon can show their interest so that Amazon can know how many are out there who want this new feature.

you can not lie about it either. because if you show fake interest and they finally add bitcoin and it were not as big as it was claimed then it would be removed and will create a big shame. for example if you make fake demands for addition of ETH you will just embarrass yourself as nobody uses that for payments.
sr. member
Activity: 476
Merit: 250
September 28, 2017, 07:08:08 AM
#7
This is a idea, but just bumping Amazon with thousands of requests about this, won't make BTC's value skyrocket! This topic has been discussed by amazon internally maybe, and being them a big market, I wonder if they could take on the risk with a very volatile coin arising. Ofcourse that this risk may make them even more rich, but they will have to sort this out, if they want to accept BTC payments.
full member
Activity: 546
Merit: 102
Stake's discord https://discord.gg/cZhK9vp
September 28, 2017, 07:01:44 AM
#6
Many people holding it seem to be in the hopes that more people buy into it and in turn increase its valuation and don't really seem to care to use it as currency anyway. Just how it is at the moment.

The fees as mentioned are definitely a huge hurdle for its adoption as currency.
newbie
Activity: 20
Merit: 7
September 28, 2017, 06:50:40 AM
#5
I would be happy to submit a request to Amazon. Do you have a link to a contact page on Amazon where we can enter our request?

Even better: What if you made a template for us and we could just copy/paste it to make it easier for us?

Alternatively, we could start a [Suspicious link removed]. I think it could have a chance to spread awareness, especially if we can get it on Reddit somehow.

Yep, that's a great idea. I'll do a site listing top online retailers, and instructions on how to contact them, and what to write. For example, Amazon has hidden its contact form several levels deep and its not easy to find. I'm quite busy but will try to do the site in 3-4 days.
hero member
Activity: 588
Merit: 500
September 27, 2017, 03:28:13 PM
#4

Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.
You look like new to the forum. This idea has already been discussed quite many times but the problem that persist is the transaction fees and highly volatile prices. Bitcoin prices sometimes fluctuate by 1000$ a day. How are they going to change prices of their products everyday? Moreover for such network to prevail they have to pay their dealers too with bitcoins.
I suppose they gonna set bitcoin prices by the current price for bitcoin. The greatest work should be done to everything would work effectively.
The demand really depends on us. I think such great e-shopping source will attract more attention to bitcoin than anything else. Other sites should to follow this example to become modern and more popular. That will bring the greates attention to whole crypto-world and we will get all benifits from that as bitcoin holders, the price will definitely rise to the sky.
sr. member
Activity: 728
Merit: 275
September 27, 2017, 03:16:00 PM
#3

Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.
You look like new to the forum. This idea has already been discussed quite many times but the problem that persist is the transaction fees and highly volatile prices. Bitcoin prices sometimes fluctuate by 1000$ a day. How are they going to change prices of their products everyday? Moreover for such network to prevail they have to pay their dealers too with bitcoins.
sr. member
Activity: 652
Merit: 257
September 27, 2017, 03:14:54 PM
#2
I would be happy to submit a request to Amazon. Do you have a link to a contact page on Amazon where we can enter our request?

Even better: What if you made a template for us and we could just copy/paste it to make it easier for us?

Alternatively, we could start a BitcoinTalk.org petition for the adoption of Bitcoin on Amazon.com. I think it could have a chance to spread awareness, especially if we can get it on Reddit somehow.
newbie
Activity: 20
Merit: 7
September 27, 2017, 03:11:43 PM
#1

Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.
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