Topic: What will happen for Amazon to accept Bitcoin? (Read 867 times)
Bitcoin is getting more and more popular in all countries, which increases the popularity of investors in the crypto world. It is nice that Amazon accepts bitcoin as a payment method. Good effect for bitcoin because its price will be more expensive year after year.
Suppose Amazon would start to accept bitcoin and other cryptocurrencies as well. I think the crypto market's hype would continue, just like what happened when Paypal starts to accept cryptocurrencies to its network. Many huge companies have also started to buy bitcoins and cryptocurrency, that mass adoption has really started. I think the bitcoin's price will still be stable on its $17K- $18K mark that it would take long for its price to decrease lower than $17K.
there are pluses and minuses if amazon accepts bitcoin, now amazon rejects bitcoin maybe because they only think about the minus side of bitcoin, but if you look at it maybe i think there is a positive side to bitcoin in the future if amazon uses bitcoin. amazon and bitcoin big names definitely have their own advantages, and it's sure to happen.
If Amazon finally accepts Bitcoin there should be hype, because Amazon is one of the largest market places in the world,
which makes the owner the richest person in the world. Then the effect will be huge on Bitcoin, even the effect is bigger
when Paypal accepts Bitcoin. I'm sure Bitcoin will pump up to a minimum of $ 50,000 if Amazon accepts Bitcoin. Because
Amazon will make other market places accept Bitcoin too.
which makes the owner the richest person in the world. Then the effect will be huge on Bitcoin, even the effect is bigger
when Paypal accepts Bitcoin. I'm sure Bitcoin will pump up to a minimum of $ 50,000 if Amazon accepts Bitcoin. Because
Amazon will make other market places accept Bitcoin too.
Even though amazon says they are going to accept Bitcoin they literally not going to accept it,they will simply integrate with third party payment processor so bitcoin trading volume gets increase and also its volatility but the positive side is people can use bitcoin to buy anything they wanted and its likely the dream of bitcoin creator.
Third party apps will sure to eventually convert the price once it reach the amazon so the payment will be exact and same in the customer purchase. There are already several shopping applications in my country which uses a crypto to fiat third party app that do this job and it somehow work to those who only have money in their crypto wallet in time of their purchase. 
If Amazon accepts bitcoin as payment, then the bitcoin price will rise dramatically, as was the case with PayPal. Such acceptance is just not enough to increase the price and value of using bitcoin. At the moment, bitcoin has hit its threshold, which it can't overcome.
I think it would be great if Amazon accepted bitcoin as a payment method. bitcoin will be increasingly popular in all countries, this will increase the popularity of investors in the crypto world, a good impact for bitcoin because the price will be more expensive from year to year. I think investing in bitcoin is a promising investment for the future.
That is interesting. I still wish that bitcoin is recognized worldwide, and that we can pay bitcoins for purchases on any online shopping platform.Bitcoin should be accepted everywhere. I believe that even big supermarkets will start taking Bitcoin. In several years our children will be used to this situation and call paper money something like the old-school stuff. Just let us wait.
copper member
Activity: 474
Merit: 3
Exclusive Crypto Rebates for Poker/Sports/Trading!
Would Amazon's acceptance of Bitcoin have as much impact as Paypal? It's apples and oranges here.
Amazon is a big company and it is very famous and once they accept bitcoin as payment method or they using it will have a big impact to the both. Amazon and bitcoin will become more famous and it will grow more.
There is more company for sure in the future will accept bitcoin as their payment because they will see the advatanges of partnership to the bitcoin.
There is more company for sure in the future will accept bitcoin as their payment because they will see the advatanges of partnership to the bitcoin.
Really nothing will happen if Amazon accept bitcoin, the thing with this online business is the they follow and adapt to what ever their partner do , I think it just a matter of time before it's accepted .
If really Amazon has accepted the use of cryptocurrency especially bitcoin, I think it will help to speed up the price of bitcoin across the nation compare to it's initial Price existing, so it will be at advantage and also be at benefit to bitcoin users because been Amazon of the world adopting bitcoin it will definitely rise the price of bitcoin which will be approximately $40,000 in price because other company can equally accept btc as use of payment.
That is very unlikely, but nothing seems impossible I think it would be great if Amazon accepted bitcoin as a payment method. bitcoin will be increasingly popular in all countries, this will increase the popularity of investors in the crypto world, a good impact for bitcoin because the price will be more expensive from year to year. I think investing in bitcoin is a promising investment for the future.
That is interesting. I still wish that bitcoin is recognized worldwide, and that we can pay bitcoins for purchases on any online shopping platform.Bitcoin should be accepted everywhere. I believe that even big supermarkets will start taking Bitcoin. In several years our children will be used to this situation and call paper money something like the old-school stuff. Just let us wait.
If really Amazon has accepted the use of cryptocurrency especially bitcoin, I think it will help to speed up the price of bitcoin across the nation compare to it's initial Price existing, so it will be at advantage and also be at benefit to bitcoin users because been Amazon of the world adopting bitcoin it will definitely rise the price of bitcoin which will be approximately $40,000 in price because other company can equally accept btc as use of payment.
So far Amazon has shunned Bitcoin as a payment method. With PayPal entering the crypto market So can Amazon do that?
PayPal doesn't accept bitcoin as a payment method. In other words, any platform that wants to make move because PayPal made a move may not accept bitcoin as a means of payment either. The only good thing PayPal did for us is publicity (but in a wrong way) because they are making people see bitcoin as an investment instead of a payment method.
Despite being the king of crypto currency, the world's largest online selling app Amazon still didn't recognize BTC as a payment system. I think Jeff bezos is planning to launch their own coin for the payment system but still people can use BTC indirectly to purchase from Amazon as gift card, If Jeff shows green signal to BTC officially I am sure the price of BTC will boom more than expected.
Amazon does recognize BTC very well. They are not accepting as a method of payment in their ecosystem yet but this does not mean they don't know about it. They know it very well and Jeff Bezos no where said that he's planning to launch his own coin for amazon payment system. Please do not spread misinformation like that.Amazon is doing quite Okay with Paypal and they don't need to launch their own coin for their payment system and BTW they have gift cards which works pretty much like a currency itself.
So far Amazon has shunned Bitcoin as a payment method. With PayPal entering the crypto market So can Amazon do that?
With $ 280 billion in annual revenue, Amazon is a global leader in e-commerce. So far, however, it has shunned Bitcoin and other cryptocurrencies as a method of payment (although it's nice to sell you goods decorated with the Bitcoin logo). For Bitcoin supporters, the prospect of the world's largest e-commerce company accepting Bitcoin payments is quite an interesting one - one that will signal mainstream adoption of cryptocurrencies. and promote a wave of new Bitcoin adoption. Amazon holds a whopping 47% share of the US e-commerce retail market, with net sales in excess of $ 280 billion (as of 2019) and has more than 150 million Prime users worldwide. And that's just Prime. While not being disclosed, Amazon's user base is certainly much higher. Enthusiastic demographic of cryptocurrencies - it seems that Amazon's acceptance of payments in Bitcoin is undisputed. However since 2014 onwards, Amazon has refused to accept Bitcoin.
In your opinion if Amazon accepts bitcoin, where will its value go and what do you think about this matter?
If Amazon accepted btc or eth or other cryptocurrency than people can buy easily product from Amazon. I was brought some service from seo clark and so happy that it allowed crypto currency. I heard that they rejected bitcoin 2014 but now bitcoin going to another level so anytime Amazon or other e-commerce can add a crypto currency payment method. I hope this time the cytpo market will be cross the 40000$ and i am waiting for this moment. Day by day people are interested in online platform so bitcoin make another changed to this section.With $ 280 billion in annual revenue, Amazon is a global leader in e-commerce. So far, however, it has shunned Bitcoin and other cryptocurrencies as a method of payment (although it's nice to sell you goods decorated with the Bitcoin logo). For Bitcoin supporters, the prospect of the world's largest e-commerce company accepting Bitcoin payments is quite an interesting one - one that will signal mainstream adoption of cryptocurrencies. and promote a wave of new Bitcoin adoption. Amazon holds a whopping 47% share of the US e-commerce retail market, with net sales in excess of $ 280 billion (as of 2019) and has more than 150 million Prime users worldwide. And that's just Prime. While not being disclosed, Amazon's user base is certainly much higher. Enthusiastic demographic of cryptocurrencies - it seems that Amazon's acceptance of payments in Bitcoin is undisputed. However since 2014 onwards, Amazon has refused to accept Bitcoin.
In your opinion if Amazon accepts bitcoin, where will its value go and what do you think about this matter?
It matters if Amazon starts to recognize bitcoin and accepts it as a payment.
But they are a leader in their industry and I don't think they'll open something big such as accepting bitcoin in their platform. They are aware of bitcoin's existence and what will be the impact of it in the entire crypto market.
Big news if it comes but I don't see it coming the soonest.
But they are a leader in their industry and I don't think they'll open something big such as accepting bitcoin in their platform. They are aware of bitcoin's existence and what will be the impact of it in the entire crypto market.
Big news if it comes but I don't see it coming the soonest.
I think Amazon has accepted bitcoin as a payment method for a long time, and it seems that not many users have made payments using bitcoin, because many people are not familiar with it.
Well, I am not aware of it. I thought they are accepting digital currencies which are fiat based but not cryptocurrencies. But there is a huge tendency especially with what happened recently wherein it could be the start of global payments using this technology but it is not yet assured. It will depend on how will it benefit third party networks or the economy perhaps, in general. Familiarity is also a factor, so since influence is already there, I think it would be a good basis for other companies, on how will they respond to crypto adoption. So let us all wait. 
BTC is extremely volatile that's most the big merchant like Amazon is hesitating to accept. It will be hard for them to process return in a volatile currency. Plus the cryptocurrency regulations is still uncertain so they don't to risk on using it since there business is running smoothly using fiat and there is no strong demand for Bitcoin to use in there platform.
Yes, that's the main reason why they are really doubtful on adopting bitcoin as a payment tool in most of their transactions. We all know that businesses are doing their best to earn profits and grow and they don't think that bitcoin can give them that.
I believe in case they decided to accept BTC in the future, They will not directly accept BTC but they will use third party services to convert instantly BTC to fiat.
This can possibly happen, but still, they accept bitcoin as a payment tool in them and it is still a good adoption for bitcoin.
I think Amazon has accepted bitcoin as a payment method for a long time, and it seems that not many users have made payments using bitcoin, because many people are not familiar with it.
Jump to: