Will Amazon accept crypto if Bitcoin skyrocket again? - page 4.

pragna

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Quote from: stuffokator on January 25, 2019, 07:40:37 AM

There are a lot of small shops which accept crypto payments around the world. However, in my opinion, what will really push the cryptocurrencies forward is the adoption of Bitcoin by some big player in the trading industry, such as Amazon.

What do you think, will Amazon start to accept Bitcoin as a payment method if its price rises to new-record values again (like in 2017)? Could it be that they are not adopting it because they treat crypto as a hostile technology for their business? Or they just don't take Bitcoin seriously, like thinking it will despair in the near future?

Actually its fully depends on their business policy but as Amazon is worlds one of the largest shop they must take research about it and they will put new technology, system into their business so that they can catch market. As we are crypto lover we can hope about that so that crypto market will go rocking.

xvids

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I just read a thread that you could now shop on amazon with Bitcoin.
And I think in the future we could also use our crypto with almost everything.
There are some fast foodchain or restaurant that already accepts crypto and now an online shop and let's not forget the other things that are already accepting it as a payment.
By the way here is the BTCTalk link about amazon .

arpon11

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Quote from: stuffokator on January 25, 2019, 07:40:37 AM

There are a lot of small shops which accept crypto payments around the world. However, in my opinion, what will really push the cryptocurrencies forward is the adoption of Bitcoin by some big player in the trading industry, such as Amazon.

What do you think, will Amazon start to accept Bitcoin as a payment method if its price rises to new-record values again (like in 2017)? Could it be that they are not adopting it because they treat crypto as a hostile technology for their business? Or they just don't take Bitcoin seriously, like thinking it will despair in the near future?

I do believe that it is not the high price or skyrocket price that is going to bring adoptions of bitcoin or any other cryptocurrencies in future but it is going to be stability and trust! The pumping up and dumping is not really helping cryptocurrencies market outside creating popularity but for big retailers and wholesalers business to adopt bitcoin it most be stable. Business men will not use money or currency that do pump up and down.

btc_angela

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I saw one thread in the Bitcoin Discussion about Amazon accepting crypto-->https://bitcointalksearch.org/topic/you-can-now-shop-with-bitcoin-on-amazon-using-lightning-5135039. It's not a direct bitcoin payment though. You have to used a browser extension before you can used it to buy Amazon stuffs.

Astvile

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Im pretty sure this thing will happen in the future remember when steam accep bitcoin as a payment method for cashing in steam wallet funds,i think what they did is just a dry run on how will it operate and amazon for sure will do this too

PlusOne88

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I do think it is not more about the price. Stability is important. With prices going up more like it is pumped up artificially, the lesser will be the acceptance possible. It is for certain that they do know the idea that when a coin value goes up artificially it is possible that they will be considering a possible decrease as people who are holding the coin will sell their coins. So I believe that will not be the case.

mbluxs

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In the future, the development of blockchain technology if it really makes people interested is not impossible, amazon or others will accept payment with cryptocurrency. because actually this is not only currently being talked about but some have already received discussions from amazon.

Muzika

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Quote from: ecnalubma on April 22, 2019, 06:45:03 PM

In my opinion it could be possible that companies like Amazon will accept Bitcoin and crypto as payment for goods and services. Amazon’s interest in Blockchain technology is clear and maybe once the market is up and stabilise they will probably make big moves, who knows?

if that so, if their interest in using blockchain technology is very high then the chance of using crpyto as mode of payment transaction is clear. Maybe they will create their own coin and ofcourse some coins available in the market will took place in their medium too. Amazon is a good company and they wont let their company left behind in this kind of industry.

ecnalubma

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In my opinion it could be possible that companies like Amazon will accept Bitcoin and crypto as payment for goods and services. Amazon’s interest in Blockchain technology is clear and maybe once the market is up and stabilise they will probably make big moves, who knows?

samycoin

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I think Amazon don't need cryptocurrency because what they have now is more than enough to make their platform successful. Maybe in the future they appreciate the benefit of bitcoin but of course many things will be consider before they can used cryptocurrency.

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Quote from: Netnox on April 07, 2019, 01:39:01 AM

Amazon is a market leader and they are under no obligation to accept Bitcoin or any other crypto-currency. Why they should accept crypto, when their user-base is already saturated?

They are the market leader that soon will adopt cryptocurrency because they have to adopt new technologies for them to also grow. There’s no obligation to accept crypto, we are just starting to encourage everyone to adopt because we believe in cryptocurrency. Don’t worry, bigger companies will make move to adopt cryptocurrency and it would be great if Amazon too.

shesheboy

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Quote from: shield132 on April 22, 2019, 03:23:06 PM

Guys problem isn't unstability of Bitcoin's price.

But being unstable is also the one that merchants consider before they accept such bitcoin as a payment method because merchants will be having a hard time to adjust the price of their items . this can also give them losses if ever the item sold at a cheaper price but the price of bitcoin rise after the transaction .

@op no i dont think so . amazon didnt accept bitcoin before and im sure that they wont also accept it again no matter what happens with the price . amazon is a big company and they need alot of process before they can decide if they will accept bitcoin in the future or not .

shield132

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Guys problem isn't unstability of Bitcoin's price. To be fair you are requesting bitcoin payment from company that promotes it's own amazon payment and for this, offers 25$ and higher amount of money as a bonus. Also there isn't so huge demand and there isn't any opponent market that accepts bitcoin and sinks amazon/ebay/aliexpress that way. So not enough demand as for now + not enough regulations on bitcoin overally (hope you understand what I mean), such a huge company can't accept it so easily.

bustedsynx

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Price action does not equate utility. Amazon will accept Bitcoin payments if and only if substantial people, the merchants and the buyers, are clamoring for adoption of crypto payments specifically, Bitcoin.

So far, the whole industry is still nascent. Let's see five years from now.

Ayiranorea

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Amazon is the market leader in the online marketplace. Even with the fiat acceptance through different gateways it is the leading marketplace with all needs of people fulfilled. If it has got plans for acceptance of bitcoin long back itself this could have come to implementation. With this I believe it'll not get into direct acceptance, maybe through some intermediate services can expect acceptance in the future.

Adriano2010

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I think is a possibility to accept bitcoin if skyrocket, maybe will happen because more and more people will have bitcoin at that time and this can bring bitcoin as a payment option on Amazon.

Dimas99

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Quote from: superstarbtc on January 25, 2019, 01:33:22 PM

Amazon won't accept bitcoin in near future they may develop their own cryptocurrency having their own cryptocurrency open up lot of opportunities for them

in the development of crypto currencies no one can know all the possibilities can occur and no one can predict its development with certainty your confidence and patience are the main capital in investing

Netnox

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Amazon is a market leader and they are under no obligation to accept Bitcoin or any other crypto-currency. Why they should accept crypto, when their user-base is already saturated?

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Quote from: ethereumhunter on April 05, 2019, 07:58:58 AM

Someday, Amazon will accept crypto no matter if bitcoin skyrocket again or not especially if the Amazon teams realize that the bitcoin can be the next payment method that will be used in many countries. I am sure that Amazon is open-minded to see a new change that will happen in the digital era like now, and they will consider using the crypto as the other payment option for their customer. Maybe they will make a trial and error to see how their customer reviews so they can decide to use crypto or not later.

What I doubt of they will accept crypto why dont they just make their own coin instead of usong bitcoin? I know they of course be able to accept bitcoin technology but they can be able to get more if they can manage their own coin. I am sure many of people want to invest and using their coin instead of just using bitcoin. And everyone sure using amazon like their daily needs so whether the price is going to skyrocketting again or not does not giving them anything to worry about

rdbase

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Once amazon accepts some kind of cryptocurrency for payments towards their services even if it is creating their own then the use of it will increase the interests of bitcoin. Because it is what each cryptocurrency coin follows based on its value.
Maybe bezos can use the $36bn settlement from divorce to do research into which coin it is wish to add as a payment system towards amazon. https://www.washingtonpost.com/technology/2019/04/04/jeff-bezos-divorce-settlement-retains-percent-amazon-stock-he-held-with-his-now-ex-wife-mackenzie
I am kidding of course.

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