Topic: Why is Amazon.com still resisting the use of BTC for payment? - page 7. (Read 8418 times)
Implementing BTC for payment isn't hard but it can be quite a hassle if there aren't many people using Bitcoins. The price flucation would probably make it hard for them to not lose any money if the price falls. Purse.io is already a good alternative for purchasing stuff on amazon using Bitcoins.
Wikipedia also does not accept Bitcoins. I think this is a mistake. For some, much easier to send Bitcoins than using a credit card or paypal.
Its not a mistake 
its the business strategy and as op stated as due to the high fluctuation of bitcoin price they fear to accept them that's all but hope soon they will compromise with it and start accepting it 
Is it a business reason? Or perhaps the complexity of bitcoin accounting creating potential issues?
What do you think?
What do you think?
Perhaps it costs too much to adopt bitcoin as a payment method and the profit from that investment
for Amazon will be very small or even zero.
Maybe Amazon is too big and the bitcoin community is too small.
Is it a business reason? Or perhaps the complexity of bitcoin accounting creating potential issues?
What do you think?
the price of bitcoins keep on fluctuating time to time.....this may be one of the reasonWhat do you think?
Wikipedia also does not accept Bitcoins. I think this is a mistake. For some, much easier to send Bitcoins than using a credit card or paypal.
i don't think that there's a lot of reason why amazon.com isn't accepting bitcoin, because there's only one
and it is instability. just the word instability will cause any business man to have a doubt on something
that is unstable. but i think stability wont be achieve by bitcoin because of its deflation system.
and it is instability. just the word instability will cause any business man to have a doubt on something
that is unstable. but i think stability wont be achieve by bitcoin because of its deflation system.
In my assesment, that is obviously business reason. As far as I know Amazon.com have their own credit cards while Bitcoins don have.
But I do believe in the long run whether they like it or not amazon.com will adopt or accept bitcoins.
But I do believe in the long run whether they like it or not amazon.com will adopt or accept bitcoins.
AmazondotCom will adopt it in future but i think they studying bitcoin stability. Because this is a business the manager want to dont loose money so if they accept bitcoin. They need some good at bitcoin trading so that they can solve some issues about bitcoin. Because there have some issue about the price of bitcoin will dump so their money will loose and they need to wait more time to get back the price of bitcoin.
In that case you have a point, maybe they still waiting for a right timing to it before they decide to adopt the system of Bitcoins. It could be a stable price of bitcoin isn't? or til nor there doing feasibilty about how there going to adopt it properly without any issues.
Yup they still waiting the right time. I think the price of bitcoin now is not stable. The right time is when the bitcoin price will be stable. It will be stable if bitcoin will be currency in future. Yeah they adopt it if they surely knew the system of bitcoin and if they can solve any issues about bitcoin
In my assesment, that is obviously business reason. As far as I know Amazon.com have their own credit cards while Bitcoins don have.
But I do believe in the long run whether they like it or not amazon.com will adopt or accept bitcoins.
But I do believe in the long run whether they like it or not amazon.com will adopt or accept bitcoins.
AmazondotCom will adopt it in future but i think they studying bitcoin stability. Because this is a business the manager want to dont loose money so if they accept bitcoin. They need some good at bitcoin trading so that they can solve some issues about bitcoin. Because there have some issue about the price of bitcoin will dump so their money will loose and they need to wait more time to get back the price of bitcoin.
In that case you have a point, maybe they still waiting for a right timing to it before they decide to adopt the system of Bitcoins. It could be a stable price of bitcoin isn't? or til nor there doing feasibilty about how there going to adopt it properly without any issues.
In my assesment, that is obviously business reason. As far as I know Amazon.com have their own credit cards while Bitcoins don have.
But I do believe in the long run whether they like it or not amazon.com will adopt or accept bitcoins.
But I do believe in the long run whether they like it or not amazon.com will adopt or accept bitcoins.
Yeah i agree with you, in the near future they inevitably will definitely add bitcoin as a payment option. But it is still not we know for sure, and I think amazon not add bitcoin for large companies like Amazon are afraid to lose if using bitcoin. because we know that bitcoin prices is fluctuate. And certainly, without bitcoin they still get a big profit.
Regularly you can experience at least a minor fluctuation in the price. This fluctuations indirectly make variations in the shares and stack of the company. I believe for this reason Amazon still resisting use of bitcoin into their business.
They don't want BTC in their ecosystem and will delay its adoption as long as possible. My guess is they would rather develop their own cryptocurrency then use Bitcoin.
It might just happen. Because I noticed that all of the online store will want to get a bigger profit in harnessing the opportunities that exist. But I think it will have no impact positive for amazon, because bitcoin is a currency that is already extraordinary
In my assesment, that is obviously business reason. As far as I know Amazon.com have their own credit cards while Bitcoins don have.
But I do believe in the long run whether they like it or not amazon.com will adopt or accept bitcoins.
But I do believe in the long run whether they like it or not amazon.com will adopt or accept bitcoins.
AmazondotCom will adopt it in future but i think they studying bitcoin stability. Because this is a business the manager want to dont loose money so if they accept bitcoin. They need some good at bitcoin trading so that they can solve some issues about bitcoin. Because there have some issue about the price of bitcoin will dump so their money will loose and they need to wait more time to get back the price of bitcoin.
They don't want BTC in their ecosystem and will delay its adoption as long as possible. My guess is they would rather develop their own cryptocurrency then use Bitcoin.
In my assesment, that is obviously business reason. As far as I know Amazon.com have their own credit cards while Bitcoins don have.
But I do believe in the long run whether they like it or not amazon.com will adopt or accept bitcoins.
But I do believe in the long run whether they like it or not amazon.com will adopt or accept bitcoins.
Though Amazon does not currently accept the use of bitcoins directly on their website, but you can use bitcoins for Amazon product purchases by using your wallet to buy an Amazon digital gift card. Tom Taylor considered using Bitcoin he says Bitcoin isn't currently accepted as a currency in the US, China, Russia or India. It exists in a legal gray area where it's not legitimate, but not outlawed either.
They did once upon a time then stopped .!!!
not only amazon but there are so many other trading platform who are resisting bitcoin. but i am sure that the time is now not too far when they will do advertisement to be trade from their plate form. i it is not a big issue now and all these isssues will be solved very soon. 
i heard something that they wanted to release their own cryptocurrency so i guess that might be the case, though i cannot find anything about that right now, i guess the time will tell what was the case
I think even though they make new cryptocurrency specifically for payment on their own sites. still more cryptocurrencu will not be able to win against bitcoin I'm sure it 
Eventually they will cave and accept bitcoin but i know eBay users are very wary of bitcoin or certainly the ones I've dealt with. At least if Amazon accepted it i don't think it would take bitcoin much higher but it could do long term. It would certainly improve adoption somewhat but i guess if amazon had any concerns then they wont.
I think it's because it's harder for amazon to make bitcoin to dollar. Or maybe it's because bitcoin got a lot of bad names in the news, they're not convinced enough to use bitcoin.
They did once upon a time then stopped .!!!
i never knew about it.when did amazon accepted bitcoin ? are you just bluffing or what. i am purchasing from amazon for a very long time and i never noticed the option you are telling
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