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Topic: Is E-Commerce platforms will do a positive Impact on Cryptocurrencies ? - page 2. (Read 623 times)

member
Activity: 406
Merit: 11
Definitely e-commerce will be a great impact on cryptocurrency as this is a booming business now, a lot of them purchase every stuff only with this. There are rumours about Amazon and eBay are accepting the transaction in cryptos.
copper member
Activity: 2940
Merit: 4101
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Do you think people will start to pay their Amazon items if they see a Bitcoin button? Nope. they won't bother to search what is BTC, they won't bother to search where to buy and they won't give a fuck to BTC. It takes too much time while they already have a solution and more easy to use, with just 1 click you pay your items.
No matter the e-commerce accepting BTC, the buyers who effectively use it are the bitcoiners not the newbies.
full member
Activity: 574
Merit: 102
yup because e commerce is aware that bitcoin can be a good alternative in the context of efficiency and profit for them. because in reality bank payments must go through a process that tends to be complicated, and they know that there are interests from the bank that they must provide. whereas crypto is far from that word, so giving options to customers is a good choice
copper member
Activity: 294
Merit: 1
I think Cryptocurrency partnering with e-commerce will not only strengthen Cryptocurrency but supports adoption rate of Cryptocurrency.
It will be a good development for Cryptocurrency in the long long.
full member
Activity: 688
Merit: 106
yes, e-commerce platforms will definitely have huge impact in Cryptocurrencies. Just imagine Amazon, eBay etc accepting Crypto - people will go deep into crypto then.
Amazon and some online market already accept cryptocurrencies like bitcoin. Once cryptocurrencies will legal in all countries we can more huge impact especially in the field of e-commerce. Using cryptocurrencies in e-commerce will really have positive impact in cryptocurrencies because there is possibility that the price will increase. I hope aside from using it in e-commerce we can also use it offline market.
jr. member
Activity: 34
Merit: 4
Well, E-Commerce will definitely make a great impact on cryptocurrencies as it is one of the fastest booming industry right now with lots of potentials. There might be pros and cons about this one but yes it is really revolutionary.  Smiley
sr. member
Activity: 868
Merit: 257
I heard about a cryptocurrency which is going to become a partner of an E-Commerce platform. I think now people wants something more then just an idea. So it could a new Evolution after a Revolution.

As you can see there are many project that deal with ecommerce platform and most of them are now developing new payment method which you can use cryptocurrencies especially bitcoin. If this continue on developing we can better ecommerce platform.
jr. member
Activity: 434
Merit: 9
I heard about a cryptocurrency which is going to become a partner of an E-Commerce platform. I think now people wants something more then just an idea. So it could a new Evolution after a Revolution.


ecommerce can make a huge impact with cryptocurrency. As soon as many ecommerce business accept crypto as payment, people will also start to trust crypto and eventually use it as payment and will then resolved one of major problem of crypto and that's having a real use case besides for trading and money transfer.
legendary
Activity: 1946
Merit: 1137
I heard about a cryptocurrency which is going to become a partner of an E-Commerce platform.
in 99% of the cases, this means you are looking at some random useless altcoin's advertisement who is using fooling techniques to get pumps. there has been at least a couple of hundreds of them that have made claims about partnering with lots of E-Commerce platforms and none of them are even used as a currency to succeed in any ways.

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I think now people wants something more then just an idea. So it could a new Evolution after a Revolution.
it is a great move and it will happen all around the world eventually but cryptocurrencies first have to be considered and used as currencies and then take the "next step". for bitcoin it makes sense because it has been designed to work as a currency and despite what some people claim its usage as a currency has been growing
sr. member
Activity: 910
Merit: 351
E-commerce platforms that use crypto as payment have a big risk, unless they can manage crypto assets so that they do not cause significant losses, unless there are insurance companies who want to back up their projects. Even projects originating from ICO with the concept of an e-commerce platform are currently not using crypto as their payment tool, some online stores are willing to accept crypto as payment even though they make payments for services and not for goods.

One way to mitigate that risk is to quickly exchange crypto to fiat via an exchange API. You need to have an access to exchange with high liquidity though. I do think this solution is easy enough to apply, no need any insurance or something like that. Just simple and effective payment and exchange.

Instead of thinking crypto as a medium of payment only, we can use crypto and their blockchain as some kind of notes on payment transactions. This way, we need crypto to write transaction details between two parties into the blockchain but payment can be made via fiat, etc.
full member
Activity: 560
Merit: 145
E-commerce platforms that use crypto as payment have a big risk, unless they can manage crypto assets so that they do not cause significant losses, unless there are insurance companies who want to back up their projects. Even projects originating from ICO with the concept of an e-commerce platform are currently not using crypto as their payment tool, some online stores are willing to accept crypto as payment even though they make payments for services and not for goods.
member
Activity: 532
Merit: 15
yes, e-commerce platforms will definitely have huge impact in Cryptocurrencies. Just imagine Amazon, eBay etc accepting Crypto - people will go deep into crypto then.
sr. member
Activity: 2506
Merit: 368
E-commerce is just one thing that people wanted in the first place since there are things that they can't buy through to the supermarket. And it is a game changer of the economy IMO because lots of people using the internet now to buy and sell things that they want.

Though on some point it could give less profit to the merchants from their country.

Now that crypto-currency is available it just needs some rules and regulation from their government.
copper member
Activity: 210
Merit: 2
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The e-commenrce is new revolution in the commerce industry and is expanding sporadically like never before . l strongly believe with the introduction of cryptocurrency into the e-commerce industries will eradicate many challenges the e-commerce shoppers faces such as trans border payment and third parties kind of payment system . and also this will also grow the cryptocurrency asset that is been use as medium of payment . the e-commerce industries need the crypto asset to develop very fast and as a result of this utilization there will mass adoption of cryptocurrencies
sr. member
Activity: 1190
Merit: 256
The growth of e-commerce is a very good opportunity for cryptocurrencies. Since both operates on the internet, cryptocurrencies provide a more uniformity in payment eliminating the charges in international payments which comes in fiat conversions. But on the hand, most e-commerce platforms will still not likely intergarte cryptos because of the volatility.
sr. member
Activity: 311
Merit: 264
XYZ crypto creating an ABCD e-commerce wont have an impact. The crypto must be properly decentralized and the e-commerce site must be backed by BIG merchant community. Otherwise Bitcoin+OpenBazaar is great itself.
legendary
Activity: 2912
Merit: 1068
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To my opinion it's kind of natural to accept Bitcoin. They are digital stores that need digital currency. Today we don't have enough online stores that accept Bitcoin and we still can't buy all sorts of goods with Bitcoin unless we have Bitcoin debit cards. Also, today people are looking for alternative ways of payment that are fast, convenient and easy to use.
Once when big and global e-commerce platforms will accept Bitcoin on a regular basis as another payment method equal to fiat money and credit cards then we could say  that Bitcoin made a big and important step towards mass adoption and adoption by businesses.
legendary
Activity: 1059
Merit: 1020
Indeed, that is one of the reasons why Bitcoin got interesting to me. A lot of people are still unbanked, means they have no bank account, and earlier when I was young and had no access to a bank account, I looked for an alternative to the traditional payment methods and discovered someday Bitcoin. If E-Commerce platforms would start accepting cryptocurrencies as a payment method, this would see certainly a positive impact.
member
Activity: 238
Merit: 12
If global e-commerce giants like Amazon, alibaba, ebay start accepting payments with Cryptocurrency, we can hope good conditions for the Cryptocurrency market as mass adoption would increase.

https://www.egifter.com accepts payment using BTC, ETH, LTC to buy giftcards for amazon, wallmart, uber, dominos etc.
legendary
Activity: 3542
Merit: 1352
It would be a great medium in which bitcoin and cryptocurrencies can excel at, considering how cheap and easy payments can be when done with crypto. Currently only a few e-commerce websites are really open about accepting payments done with cryptocurrencies, and once this goes mainstream, the avenues to which cryptocurrencies could flow wil widen, thus fully enabling cryptocurrencies to be used as payments rather than confine itself as an investment vehicle. The future is bright for cryptocyrrencies and ecommerce IMO, we just lack the ones who would spearhead the movement.
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