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Topic: Will Amazon accept crypto if Bitcoin skyrocket again? - page 6. (Read 1217 times)

sr. member
Activity: 1330
Merit: 326
Amazon is a big company and expect that they are already doing some research and studies if ever they have to accept bitcoin. There are some consequences like the bitcoin's prices are unstable. But i think they will think it over and will still accept it.
full member
Activity: 938
Merit: 105
most likely certainly because for now, of course, many companies also still think of adopting bitcoin again because the value is still not yet a great change. so when the value of bitcoin experiences a high price increase, Amazon companies and others will also adopt bitcoin again
Even bitcoin price is low there are some Amazon companies accept it as payment but I think people won't spend their Bitcoins as payment if it is in a low value. They wait until it grows to have profit than spending on. Amazon market know what is the characteristic of bitcoin as well they accept as an investment.
hero member
Activity: 2632
Merit: 833
Amazon and other global brands accepting bitcoin is not a big thing, it'll make a big change in the growth of bitcoin. But they won't make it come true, even if it happens surely it'll come to reality through third party usage. Because the volatility will easily affect the businesses.

Of course it will be a big thing because it means that crypto will have a good chance to be globally accepted if big online retailers are going to accept it.

But the sad fact is that they simply won't because of bitcoin or crypto volatility, unless they get someone in between, or a payment processor like Bitpay to help them out curb bitcoin volatile nature.
sr. member
Activity: 840
Merit: 250
most likely certainly because for now, of course, many companies also still think of adopting bitcoin again because the value is still not yet a great change. so when the value of bitcoin experiences a high price increase, Amazon companies and others will also adopt bitcoin again
legendary
Activity: 2646
Merit: 1106
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Amazon and other global brands accepting bitcoin is not a big thing, it'll make a big change in the growth of bitcoin. But they won't make it come true, even if it happens surely it'll come to reality through third party usage. Because the volatility will easily affect the businesses.
member
Activity: 546
Merit: 24
Yes of course! You know already that amazon is an online shop where it can sell and buy products anywhere on the globe. It might use the bitcoin again since they think that many users will prefer to pay in digital wallet than cash due to the fact that it is not anymore a hassle for their customers. Amazon will become also interested to integrate bitcoin with payment method so that many people will buy to them and use their app. However, they protect their clients in volatility so, they think that bitcoin is something delicate to be medium of payment nowadays.
jr. member
Activity: 378
Merit: 1
I’m sure they’ve done some research already about cryptocurrency and with bitcoin of course but maybe they are just waiting for the right time. I’ve heard about the new Samsung phone, which enables cryptocurrency maybe this is the start for a big players to slowly adopt the technology, we will see this when the market pumps.
I strongly agree with your statement because I am sure they must have a sales strategy to be able to get the most from Bitcoin and it should be a good time to collect as much bitcoin as they can because the price is very cheap
They are waiting for a big request from bitcoin users. Amazon will definitely add payment with Crypto or Bitcoin if the existing user
and request for it is very large. believe in the demand system dude.
But the sadness is that users at the moment do not need that, they do not need bitcoin or crypto to become a payment method because bitcoin and crypto with them are always investment, it cannot be used as currency. In addition, even when users of bitcoin and crypto require, Amazon may be hard to accept when this is just a very small community in a large market, and legal issues and rules, it still has many problems that cannot be solved, many errors in payment with bitcoin and crypto, accepting bitcoin and crypto can affect the benefits between Amazon and customers
member
Activity: 840
Merit: 10
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 think Jeff Bezos will not be so stupid that he will accept bitcoin when it increases. Large businesses now want to get more bitcoin because its price is cheap. When the price of the BTC is cheap, the products of businesses will bring in more BTC and will increase revenue when the price of the BTC increases.
Currently there are a lot of businesses looking to the crypto market and waiting for a good result.

Amazon is largest marketplace and if they decide to receive bitcoin as a payment, i think the price of bitcoin will rising. Its true that many large bussiness want bitcoin because crypto community growing bigger
hero member
Activity: 2884
Merit: 794
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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?
For amazon the issue of the price is probably not a factor, the real issue is the amount of problems that adopting a new technology like bitcoin will bring, to begin with there is not a lot of demand for amazon to adopt bitcoin so they will have to make all of the necessary adjustments in their organization for very little or not profit at all, and then they will have to deal with people sending coins to the wrong address, slow confirmations and if they offered their own bitcoin wallet they will have to deal with hacks and similar stuff.
member
Activity: 728
Merit: 11
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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 think Jeff Bezos will not be so stupid that he will accept bitcoin when it increases. Large businesses now want to get more bitcoin because its price is cheap. When the price of the BTC is cheap, the products of businesses will bring in more BTC and will increase revenue when the price of the BTC increases.
Currently there are a lot of businesses looking to the crypto market and waiting for a good result.
member
Activity: 1204
Merit: 38
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?
the needs of online buying and selling will increase everyday so Crypto market is also like that when Amazon will accept the payment of cryptocurrency then it will definitely be a good improvement in this situation and also been very helpful to develop the Crypto field very easily.
member
Activity: 309
Merit: 10
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 don't think so, because bitcoin is very difficult to predict and unstable value makes it impossible to accept it as a payment tool, but maybe Amazon will accept it if it is a stable coin.
sr. member
Activity: 1162
Merit: 251
I’m sure they’ve done some research already about cryptocurrency and with bitcoin of course but maybe they are just waiting for the right time. I’ve heard about the new Samsung phone, which enables cryptocurrency maybe this is the start for a big players to slowly adopt the technology, we will see this when the market pumps.
I strongly agree with your statement because I am sure they must have a sales strategy to be able to get the most from Bitcoin and it should be a good time to collect as much bitcoin as they can because the price is very cheap
They are waiting for a big request from bitcoin users. Amazon will definitely add payment with Crypto or Bitcoin if the existing user
and request for it is very large. believe in the demand system dude.
copper member
Activity: 1218
Merit: 1
If a large number of people use cryptocurrency, then of course they will accept BTC like many others, they will do it for the convenience of customers, and here it’s not even the BTC price, but the number of people who use cryptocurrency.
member
Activity: 315
Merit: 12
Although the development of technology is increasingly widespread and sophisticated, I think Amazon will not take this risk, the possibility of bitcoin payments is only temporary which will then be exchanged with the system itself to avoid losses.
It might be accepted for payment because bitcoin will in time be in the ideal price position, which is not too expensive but not too cheap, so it's still very competitive for trading.
Amazon, as an e-commerce actor, of course has to keep abreast of the times when in the future the use of digital money is natural.
legendary
Activity: 1218
Merit: 1000
As far as I know, being able to buy products on Amazon with BTC is by buying a gift card from gyft.com with BTC and then using it to pay for products purchased from Amazon. I've seen my friend do that to buy a laptop. Amazon has never received BTC as a payment method, in my opinion they are considering many things to accept BTC as a payment method there. Although BTC has skyrocketed, in my opinion, it hasn't been able to make Amazon accept it as a payment. But the consideration is that the fluctuations are very high, this will damage the price in the market in my opinion. Because the price of BTC will go up and down very high, so if we buy goods worth $ 500 and the price drops of course the value will also go down, and of course this must be considered. Moreover, the problem that has been around for a long time is that it's easy to hack, making crypto still considered unsafe as a transaction. I don't know whether in the future Amazon will accept crypto or not, but certainly this will require long consideration.
sr. member
Activity: 1120
Merit: 256
I’m sure they’ve done some research already about cryptocurrency and with bitcoin of course but maybe they are just waiting for the right time. I’ve heard about the new Samsung phone, which enables cryptocurrency maybe this is the start for a big players to slowly adopt the technology, we will see this when the market pumps.
I strongly agree with your statement because I am sure they must have a sales strategy to be able to get the most from Bitcoin and it should be a good time to collect as much bitcoin as they can because the price is very cheap
so while the price of bitcoin is still like this I am sure that Amazon does not want to adopt bitcoin anymore, so if when bitcoin soars the price it is very likely Amozon will adopt bitcoin again
hero member
Activity: 3038
Merit: 628
Vave.com - Crypto Casino
It's a fact to push the market demand's to go to the top again is through having a massive adoption. And  Amazon's acceptance of bitcoin would definitely give that increase that everyone is thinking of. There's a rumor posted by CZ on his twitter that Amazon is likely to create their very own token and that will be surely used by their customers who are into crypto and will give it a try for most. As long as there's adoption it will trigger the market to become better again.
We don't know how big the effect is, but I'm sure it will affect demand. Because certainly people will see "what bitcoin payments really are?" and many of them are interested in trying it, more and more merchants that accept bitcoin like Amazon, eBay, Alibaba and etc. certainly will have a big influence on bitcoin and crypto
It will affect the demand like what I said it is amazon and everyone knows on wide the range of its customer. Jeff Bezos is currently the richest person in the world and he's the owner/CEO of Amazon. See the effect of it on bitcoin if he starts to accept it. The use case of bitcoin as payment method will be adopted by most and by just accepting it on his e-commerce site will also educate people that this ain't a scam and it's for real use, bitcoin is true money.
sr. member
Activity: 714
Merit: 251
As long as Bitcoins price is so unstable, Amazon will certainly not start accepting Bitcoin. Surely it will take a long time until we can pay with Bitcoin on Amazon. The acceptance of crypto must still grow worldwide before it can be achieved. Only when this happens and the market is big enough, Amazon will jump on the crypto train, i am pretty sure.  Wink

Ive heared a rumor before that amazon is planning to accept bitcoin . idk if that was true or they already take actions to implement it because i didnt access their web page yet .  they arent bother with price unstability because bitcoin is built this way  .  the price cannot be stable forever as the demand and supply will move  .

What merchants are waiting is the adoption  . if all people will recognize cryptos   . thats the time that they wont doubt using it as their official payment gateway  .

Soon or later, many online store will accept bitcoin because bitcoin is secure and fast for transaction. Merchant just waiting for government regulation and if amazon accepting bitcoin for payment, it will increasing investor confident and makes crypto price will increasing
I don't think Amazon will accept cryptocurrency at this time. If this year and the following years there are many online shopping websites that accept BTC and Altcoin and cryptocurrency become more popular for everyone then Amazon may accept. And if Amazon accepts cryptocurrency, then this market will certainly go to the moon and bitcoin can easily increase by 10-20 times compared to 2017
member
Activity: 644
Merit: 10
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As long as Bitcoins price is so unstable, Amazon will certainly not start accepting Bitcoin. Surely it will take a long time until we can pay with Bitcoin on Amazon. The acceptance of crypto must still grow worldwide before it can be achieved. Only when this happens and the market is big enough, Amazon will jump on the crypto train, i am pretty sure.  Wink

Ive heared a rumor before that amazon is planning to accept bitcoin . idk if that was true or they already take actions to implement it because i didnt access their web page yet .  they arent bother with price unstability because bitcoin is built this way  .  the price cannot be stable forever as the demand and supply will move  .

What merchants are waiting is the adoption  . if all people will recognize cryptos   . thats the time that they wont doubt using it as their official payment gateway  .

Soon or later, many online store will accept bitcoin because bitcoin is secure and fast for transaction. Merchant just waiting for government regulation and if amazon accepting bitcoin for payment, it will increasing investor confident and makes crypto price will increasing
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