Topic: Predict the Date: When will Amazon accept Bitcoin ? - page 3. (Read 2217 times)
As Long as the BitCoin has a quick USD sale, anybody and any company can get into it without risking much. The real challenge would be for it to stand as a real currency (not linked so much to dollars)
Some further info on acceptance; take a look at this article from Bloomberg Businessweek; http://www.businessweek.com/articles/2013-12-27/does-it-make-any-sense-for-overstock-dot-com-to-accept-bitcoin The CEO of Overstock.com says by mid 2014 they will accept Bitcoin. This was also listed by NY Times http://bits.blogs.nytimes.com/2013/12/26/overstock-to-embrace-bitcoin-giving-the-currency-a-lift/?_r=0 Black Monday for 2014 online purchases will most likely have many merchants accepting bitcoin, and if this occurs, how much will this drive up the value of the Bitcoin? Is $2,000 likely if this happens?
Saw this item on Amazon http://www.amazon.com/999-Fine-Copper-Bitcoin-Commemorative/dp/B00DEY7JYO/ref=sr_1_4?ie=UTF8&qid=1388288211&sr=8-4&keywords=bitcoin It is a commemorative Bitcoin. Purchases now possible only with cash or credit. My guess is I will be able to buy this item on Amazon using Bitcoin for next year's Christmas season. I am interested in other estimates on when this will happen.
Amazon won't accept it unless everyone else has first. They have their own redeemable "coins".
If it gets truly big, and truly global, Amazon won't have a choice though. They would need to do it because they completely rely on quick shipments, quick payments, and high volume.
They won't ignore the new wealthy elite.
If I had to pick a date it would be at least 2 years down the road.
Saw this item on Amazon http://www.amazon.com/999-Fine-Copper-Bitcoin-Commemorative/dp/B00DEY7JYO/ref=sr_1_4?ie=UTF8&qid=1388288211&sr=8-4&keywords=bitcoin It is a commemorative Bitcoin. Purchases now possible only with cash or credit. My guess is I will be able to buy this item on Amazon using Bitcoin for next year's Christmas season. I am interested in other estimates on when this will happen.
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