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Topic: When Giants E-commerce start to accept BTC? - page 5. (Read 1736 times)

full member
Activity: 196
Merit: 100
November 07, 2017, 07:30:26 AM
#32
There are so many factors to consider, There should be a case study before they accept btc, Its gonna be a good indicator if people preferred to used btc because it will create a massive  impact to crypto world. price will surely rise up and eventually the success of bitcoins will start up the new world of cashless society:)
legendary
Activity: 3458
Merit: 1961
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November 07, 2017, 01:45:41 AM
#31
I think scaling is definitely a challenge that are identified by them. They would be losing money, when people want to do transactions and Bitcoin goes through a spam period and these transactions cannot be done within a few hours. < slow confirmations >

This will cause further problems with their customer support being flooded with problems regarding "confirmation" issues. People has become used to "instant" transaction confirmation with other payment options like Credit cards and PayPal. Bitcoin has to address these issues, before it can be seriously considered by these ecommerce giants. ^hmmmmm^
full member
Activity: 476
Merit: 102
November 07, 2017, 01:39:23 AM
#30
Some report are amazon accept bitcoin as payment on their some items and even alibaba. But totally accepting bitcoin in their all transaction maybe they are looking to considered it since bitcoin is easy mode of payment in digital transaction. Maybe sooner Giants E-commerce considered bitcoin as mode of payment because almost in the whole world have an access on bitcoin.
hero member
Activity: 2870
Merit: 594
November 07, 2017, 01:25:44 AM
#29
The E-commerce will start accepting bitcoin sooner because many new E-commerce that are coming up are running ICO. It means they will use cryptocurrency as a mode of payment and the existing E-commerce will see no option than to join them in accepting cryptocurrency.

If they are going to start, they should have started already because the price is really going up and for sure they would consider this whether to accept bitcoin or not. So I think that the likelihood of them accepting bitcoin now is very slim.

But I will remain very positive that amazon will start to accept bitcoin as payment. Because it they did that it will be just a matter of time before others will big retailers will accept it at all. We just need one big high profile retailer like amazon to start the trend and I'm sure that the rest will follow amazon.
full member
Activity: 630
Merit: 102
November 07, 2017, 01:20:50 AM
#28
The E-commerce will start accepting bitcoin sooner because many new E-commerce that are coming up are running ICO. It means they will use cryptocurrency as a mode of payment and the existing E-commerce will see no option than to join them in accepting cryptocurrency.
sr. member
Activity: 462
Merit: 260
November 07, 2017, 01:14:24 AM
#27
It's definitely a big change. Because those companies have a big role and if bitcoins they accept as one of their payment processors many people buying those companies they will also recognize bitcoins. Of course they'll wonder what that is. And you'll start to explore what bitcoins are. These will also be part of the community that knows Bitcoins. So I'm looking forward to this opportunity because it's going to be the start that bitcoins are recognizable and also available with simple transactions.
hero member
Activity: 1274
Merit: 516
November 07, 2017, 12:46:12 AM
#26
I think big ecommerce will support bitcoin in the future, there are a lot of problems that need to be solved before they are comfortable to receive bitcoin, the first issue is the bitcoin legality, once this is settle perhaps it will attract more big companies in using bitcoin, the small and retail do accept bitcoin but it is just a very small percentage
full member
Activity: 546
Merit: 100
November 07, 2017, 12:33:30 AM
#25
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?

you says that "little and local e-shop are supporting nowadays the Criptocurrency Gateway". so little and locan e-shop are willing to take a risk with this cryto currency and adopted it on their own business as a mode of payment to take a chance to get involve in bitcoin and earn much by doing that. so the GIANTS E-COMMERCE are not taken yet this big opportunity to implement to their own business, i think they decided to observe first the flow of this bitcoin inside/outside world. and i think this gonna be implement soon for those GIANTS e-commerce to adopt bitcoin,
full member
Activity: 364
Merit: 118
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November 07, 2017, 12:24:56 AM
#24
It would still take a long time, do you hear the news that Vatican will show how bitcoin use on Human Slave? Another FUD right? another "bad news" for the reputation of Bitcoin, with these different forces that will release FUD articles about Bitcoin, Giant E Commerce will still think twice integrating bitcoin on their business.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
November 07, 2017, 12:18:51 AM
#23
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.
But an E-commerce giants won't simply accept bitpay, they may create their own payment gateway as soon as they have the intention to add bitcoin as one of their payment method
also bitpay may charge few percents for fee which E-commerce giants will avoid.
newbie
Activity: 60
Merit: 0
November 07, 2017, 12:17:57 AM
#22
 i think they will soon cause, BTC is on its way, Giant  E-commerce cant deny  that BTC value or price is going high.

I believe its going to happen, the bitcoin will recognize and accepted to the giant  E commerce
sr. member
Activity: 582
Merit: 250
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November 07, 2017, 12:16:12 AM
#21
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.
legendary
Activity: 3472
Merit: 10611
November 07, 2017, 12:15:10 AM
#20
whenever we are talking about accepting bitcoin as payment the business is always considering pros and cons of this. unlike common belief the fluctuating price doesn't matter to them because they mostly go through services like bitpay and get paid in fiat not bitcoin so they don't even feel the fluctuations.
but there is one important thing they have to consider and that is whether or not enough people are going to use bitcoin. we all want to spend bitcoin but when it comes to actually spending it a lot of us think twice before doing it.
hero member
Activity: 994
Merit: 502
November 07, 2017, 12:11:56 AM
#19
It would take a long time, because what they expect in terms of usage haven't got reached yet. So, when the flow of asset happens as expected they'll move forward giving importance to bitcoin as one among the payment option. When it comes to alibaba, they already had plans of creating their own asset for all trade needs.
jr. member
Activity: 184
Merit: 1
November 07, 2017, 12:05:23 AM
#18
I'm sure Amazon is already working on that. But i think blockchains like cybermiles will help with that integration since they specialize in ecommerce and marketplaces. Very interesting token to look into so that big guys like Amazon will integrate (and certainly make it easier for them). https://www.forbes.com/sites/curtissilver/2017/10/03/5miles-launches-cybermiles-blockchain-project-to-decentralize-the-online-marketplace/#411bd4ae6d3a
hero member
Activity: 2394
Merit: 589
Bitcoin Casino Est. 2013
November 06, 2017, 11:52:00 PM
#17
The rumors spread on the cypto news about accepting bitcoin of Amazon but there is no official statement yet coming from the company. Well, it is a good news when it really happens but there is still the other side of refusing it due to the volatility of BTC price which is the primary reason why it can't be added as a payment option by merchants.
hero member
Activity: 1862
Merit: 830
November 06, 2017, 11:37:08 PM
#16
The fact that bitcoins future is launched by the CME , it gives us a clear account that there are investors looking at bitcoins in a big way. Also CME is no small investing enterprise, thus you can be sure of the fact that other major companies are already looking at bitcoins in the hope that its going to survive another 100 years Smiley

Amazon and other companies have not yet officially stated that they will accept bitcoins in the near future but there had been a news all over the Internet whose credibility can't be guaranteed by me , its that in the near future they can think of accepting bitcoins just like any other Normal fiat.

And why shouldn't they ? Bitcoins are already generating tremendous interest from the genral public and the market is holding such a big sum of investors thus it will be correct to give way for something like this to happen.
hero member
Activity: 1834
Merit: 759
November 06, 2017, 10:30:10 PM
#15
I'm guessing smaller retailers have a greater need of attracting customers, which is why they're adopting Bitcoin payments. I'm sure big companies like Amazon have considered it because that's part of their job, but somehow came to the conclusion that it wasn't beneficial enough for the hassle. Bitcoin is not ideal for small transactions after all.

Big retailers aren't late adopters, small retailers are simply early adopters. The slow confirmation times and large fees need to be solved first before it can be seriously considered.
full member
Activity: 924
Merit: 148
November 06, 2017, 09:00:27 PM
#14
I think everyone already heared those rumors around Amazon (and I'm sure that will happen pretty soon, maybe in a year). When it comes around such huge companies it seems more legal issue. Also sometimes big companies that are too big to fail are getting tax discounts from the governments and they might lose them if they will use something that harm the financial system. So it is hard to tell even the approximate date.
full member
Activity: 140
Merit: 100
November 06, 2017, 08:14:28 PM
#13
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?

That is the main goal of bitcoin's creator to have a global currency that me can use on daily expenses. as of now bitcoin is just considered as an asset.A commodity perhaps that you can trade to get a fiat currency for purchases. Can't wait for that time to come.
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