Pages:
Author

Topic: When Giants E-commerce start to accept BTC? - page 3. (Read 1734 times)

full member
Activity: 364
Merit: 100
PlayGame.com
November 16, 2017, 11:04:44 AM
#72
if its happens i think the other online shop will start to use bitcoin as the payment to.. because other online shop will start the same thing with the big company like add feature like the biggest company, with some hope they will popular like the other and will makes customer interested into their website
hero member
Activity: 2254
Merit: 870
November 16, 2017, 10:52:44 AM
#71
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?
It will be never done because amazon won't request you signing message from your adress for verification, bitcoin can cause some financial lose for them and it's not their politic too, amazon's aim is amazonpay, ebay's aim is paypal, these two giants won't accept bitcoin, can say the same about walmart and beauty products sellers like chanel, gucci and etc.
Also did you think about refund? I bought something with 0.1 bitcoin but then price rised a lot, they won't give me back 0.1 or it will be huge loss for them. And also it's not problem to have visa and exchange bitcoin.
full member
Activity: 532
Merit: 170
November 16, 2017, 10:44:01 AM
#70
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

I'm not too sure, maybe in the future there will be many new and more sophisticated innovations, I think it will take a long time for them to receive and engage in bitcoin. I think slowly all will be bitcoin in time.
sr. member
Activity: 490
Merit: 251
Guard your privacy
November 16, 2017, 10:29:39 AM
#69
Alibaba and Amazon are global e-commerce companies. They are targeting almost every part of the internet users. Bitcoin has gained some attention at global level only this year properly. Some giant financial companies and banks are getting into it now. Possibly we will see some e-commerce giants getting into Bitcoin or cryptos in 2018. This is the high time to take advantage of growing popularity of cryptocurrencies.

So, my answer is soon!

I think the same.
They can even growth much more with this option - and because every company wants to increase their value - they are considering it of course. It does not take too mucj..
sr. member
Activity: 490
Merit: 251
Guard your privacy
November 16, 2017, 10:26:22 AM
#68
Amazon plans to expand it's target market and possibly focus on a wide range market around the world with this payment facilities will involve different currencies which up to this moment every one uses dollars but if bitcoin will be considered it would be much efficient and convenient for the people to acces amazon's shop I guess these company is already looking towards this digital currency and maybe soon in the future we will be getting goods from amazon using bitcoin

For them it'll be definatly a solution to wider their possibility and take new and come back costumers with other option of payments like Criptocurriencies. I think they are discussing it, they are not stupid, but there are some parts that are not so easy to implenent.
legendary
Activity: 2170
Merit: 1427
November 16, 2017, 05:02:37 AM
#67
in fact just the rumor of Amazon getting into Bitcoin was enough for the market to surge ahead in price...
Market movers don't buy themselves into possibly fake news articles, and especially not when they aren't holding any value (i.e no facts to back it up). Merchant adoption is no longer something that influences the market like it did back in the days. But just out of curiosity, when and how much did the price go up due to Amazon, according to you?

just imagine if one day this can already be true and we already have the announcement about it direct from Amazon itself...that would be an event worth watching.
I don't see this as something interesting, honestly. It's mostly the noobs that get excited about this because they think it's cool to use Bitcoin to pay for things over at Amazon. It doesn't change anything when it comes to people's actual "problem", which is a lacking will to spend something that is destined to increase in value even further.
member
Activity: 214
Merit: 10
November 16, 2017, 04:49:45 AM
#66
I think we're still a while off from this, mainly due to the extreme price volatility.

Huge companies like Amazon wouldn't take the risk with their high turnover. Imagine bitcoin price suddenly crashed overnight due to latest unexpected FUD, their income would be impacted so severely! It just wouldn't be worth the financial risk even with the market being so bullish atm. Additionally, with this overall BTC price trend constantly going up, would any of us actually want to use our bitcoins rather than fiat for transactions on a regular basis?  Imagine spending BTC to buy a new phone on Amazon today then finding out a year down the line that same BTC could've bought you a yacht!
full member
Activity: 686
Merit: 100
November 16, 2017, 04:14:12 AM
#65
I think really soon, because more and more people are interested to bitcoin
Today we can see that more e-commerce are already accepting bitcoin like payment system
So we need to wait and maybe in the future we can use bitcoin everywhere
legendary
Activity: 3220
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
November 16, 2017, 04:10:28 AM
#64
I don't think that the e-commerce giants (Ebay, Amazon, Alibaba.etc ) will accept Bitcoin in the near future, because they have partnerships and special deals with other payment processors such as PayPal, Visa and Master. I don't think that right now either BitPay or Coinbase is capable of giving such deals to their clients.
legendary
Activity: 1442
Merit: 1008
November 16, 2017, 04:06:21 AM
#63
The highly volatile price of bitcoin is a big factor to consider but I think these e-commerce groups and companies will not make a big move like accepting bitcoin as a payment not until the governments has considered bitcoin as legal. I may be wrong on this but in my point of view e-commerce does not want to lose money that they might make from bitcoin if the governments suddenly declared it illegal or ban it.
if they do deeper research on how bitcoin are promising and full of profit opportunity they might would make a move , unfotunately they are giving up before even they start. i don't know if then they are planning something secretly involve bitcoin but there is a news about amazon preparing to accept bitcoin soon? see here http://fortune.com/2017/11/02/amazon-cryptocurrency-domain-name-registration/
sr. member
Activity: 586
Merit: 255
November 16, 2017, 03:50:59 AM
#62
I bought some Minoxidil for my hair at Minoxidilking.com 

They accepted bitcoin as payment.  Wink
sr. member
Activity: 1008
Merit: 355
November 16, 2017, 03:48:09 AM
#61
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC. Do you ever think this is gonna happen or not? I mean, little and local e-shop are supporting nowadays the cryptocurrency Gateway; why instead do they seem to be late adopters? And if yes, when do you think it will happen?

Everybody is talk about Amazon, Ebay, McDonalds, Apple, GooleAds, AliBaba etc. but there is no solid indicators for this clue. It's totally rumor. Because bitcoin's status is still unknown and companies can't announce they will accept bitcoin as a payment method. Very obvious fact for us I believe.

Everybody in the Bitcoin community is longing for the time when the big names in eCommerce would be accepting Bitcoin directly into their payment system...in fact just the rumor of Amazon getting into Bitcoin was enough for the market to surge ahead in price...just imagine if one day this can already be true and we already have the announcement about it direct from Amazon itself...that would be an event worth watching.
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
November 16, 2017, 03:44:17 AM
#60
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

A member already spoken about Purse so I will not talk about it. But there are some challenges for bitcoin to be accepted as a payment option in giant retail shops and e-commerce websites. Let me list down a few for you,

1. Fluctuating value: Bitcoin's value is dynamic and keeps fluctuating from one end to another within a very short period of time. So if you see a product price is 0.015 bitcoin now, it may change to 0.017 while checking out. E-commerce companies need a way to fight such fluctuations. Because it posses a huge risk on their profitability.

2. Transaction confirmation time: Currently bitcoin transactions usually take around 30 minutes if you pay suitable network fees. SO if you order something, your trade request won't get confirmed before the payment comes to their wallet. The system will have to keep checking for the transaction confirmation and then they can release the product for further processing and shipping. That isn't convenient.

3. Legal status of bitcoin: That is one of major challenges for bitcoin to be accepted as a payment gateway. The legal status of bitcoin is still not clear in majority of the countries. So e-commerce stores will not want to burn their hands on to something like this. They need transparency around their business.

I think these are the three major roadblocks for bitcoin to be accepted as a real payment gateway. It looks good now as an investment asset but not as a currency, at least for now. We need a faster and more stable crypto currency to become mainstream. Sad reality!

While you do make some valid points you dont need to be the flash to pay using bitcoin.  I have bought stuff online from tigerdirect.com, booked vacation from expedia.com and i even paid my satellite tv service bill one time using bitcoin. Normally when you check out you will be given a bitcoin address to send payment to. Normally it is good for up to 1 hour before you have to redo it. If those options not to your liking the get coinbase account and get a shift card to link it to use as instant purchase.
full member
Activity: 182
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
November 16, 2017, 03:43:41 AM
#59
The highly volatile price of bitcoin is a big factor to consider but I think these e-commerce groups and companies will not make a big move like accepting bitcoin as a payment not until the governments has considered bitcoin as legal. I may be wrong on this but in my point of view e-commerce does not want to lose money that they might make from bitcoin if the governments suddenly declared it illegal or ban it.
hero member
Activity: 896
Merit: 521
November 16, 2017, 03:40:50 AM
#58
Alibaba and Amazon are global e-commerce companies. They are targeting almost every part of the internet users. Bitcoin has gained some attention at global level only this year properly. Some giant financial companies and banks are getting into it now. Possibly we will see some e-commerce giants getting into Bitcoin or cryptos in 2018. This is the high time to take advantage of growing popularity of cryptocurrencies.

So, my answer is soon!
full member
Activity: 210
Merit: 106
November 16, 2017, 03:34:20 AM
#57
Once world governments recognise them as legal tender, they will be accepted....This may be in the near future....fingers crossed.
full member
Activity: 266
Merit: 122
November 16, 2017, 03:31:25 AM
#56
Amazon plans to expand it's target market and possibly focus on a wide range market around the world with this payment facilities will involve different currencies which up to this moment every one uses dollars but if bitcoin will be considered it would be much efficient and convenient for the people to acces amazon's shop I guess these company is already looking towards this digital currency and maybe soon in the future we will be getting goods from amazon using bitcoin
sr. member
Activity: 490
Merit: 251
Guard your privacy
November 16, 2017, 03:15:59 AM
#55
The online wallet we are currently using here in our country (coins.ph) offers online shopping and bills payment and you we can directly deduct the payment thru our bitcoin wallet, we don't need to convert it into peso before processing the transaction and it is very convenient and reliable. If this thing is possible in my country I guess Amazon or Alibaba will soon adopt the technology and the market of bitcoin and I am confident this could happen very soon. Let's just wait and see.


Very cool! It seems to me a very efficent way of paying
I hope so too
Let's see, but I'm quite sure it'll happen very soon
full member
Activity: 238
Merit: 108
November 14, 2017, 02:41:58 AM
#54
The online wallet we are currently using here in our country (coins.ph) offers online shopping and bills payment and you we can directly deduct the payment thru our bitcoin wallet, we don't need to convert it into peso before processing the transaction and it is very convenient and reliable. If this thing is possible in my country I guess Amazon or Alibaba will soon adopt the technology and the market of bitcoin and I am confident this could happen very soon. Let's just wait and see.
sr. member
Activity: 555
Merit: 252
November 14, 2017, 02:36:29 AM
#53
With bitpay and many other plugins it is now possible for online stores to easily accept bitcoins as a payment method. I believe this will be even more mainstream in the ear future.
Allot of the online and the offline stores are being use by the people and this is the reason why the bitcoin is now increasing in the power and this is the reason why the bitcoin is now being more and more famous so hold the bitcoin and try to buy the bitcoin at the online shopping and the bitcoin will help the people as the currency of the online and the of line at the same time.
Pages:
Jump to: