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sed
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December 22, 2014, 07:53:29 PM |
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why they create their own crypto when they can just integrate bitcoin?
This is not a crypto, it's just amazon bucks. It's like when you have money on a starbucks card or something. OP was commenting, I think, on how the naming seems to be an attempt to ride on the coattails of bitcoin and altcoins. |
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Possum577
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December 22, 2014, 09:22:10 PM |
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This looks like any other coin that's ever been minted. Physical alt currency coins were fashioned after fiat coins, so.....what's the problem?
I think it's a cool marketing idea, a new spin on the traditional loyalty points that retailers offer.
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Possum577
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December 22, 2014, 10:06:47 PM |
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I have no other way to explain this.
Its is beyond sad. It is pathetic.
It is something we should show compassion and understanding for.
But I am still not buying their shitty coins.
Hell I have problems accumulating Bitcoins, why the hell would I waste my money on Amazon coins?
Are all loyalty programs pathetic? Are airline miles sad? Are your credit card points not worth your compassion? The OP is clearly confused...he/she is taking what is graphically portrayed as a coin and making a huge jump that it some how is related to Bitcoin or crypto currency. It's not. It's just a refreshed way to brand Amazon's loyalty points. Stop searching for drama, you're worse than the media! |
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commandrix
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December 22, 2014, 11:28:11 PM |
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I've known about this for a while. Sure it might be reasonable that Bitcoin could sue for copyright infringement as far as the logo is concerned, but I never really thought it was a cryptocurrency. Just something bogus Amazon is doing.
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Possum577
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December 22, 2014, 11:32:31 PM |
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I've known about this for a while. Sure it might be reasonable that Bitcoin could sue for copyright infringement as far as the logo is concerned, but I never really thought it was a cryptocurrency. Just something bogus Amazon is doing.
Bitcoin isn't an entity that can sue people or organizations. Can the Dollar or Euro or Yen sue someone? |
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bornil267645
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December 23, 2014, 02:36:17 AM |
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When I saw it, it was funny alright,
But when I saw it with your post, it was historical,
Good one !!!
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uvwvj
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December 23, 2014, 02:50:57 AM |
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So what if Amazon starts accepting BTC for Amazon coin, will that change your mind?
Actually as an Amazone user I like this in this way, 100 Amason coins =$1 USD. I can only buy from Amazon but I would be getting a discount of 30% buy in coins instead of using a Credit card all the time especially if I don't want to put a cc on my phone to buy mobile.
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bitllionaire
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Activity: 1120
Merit: 1000
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December 23, 2014, 02:57:34 AM |
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it is really funny they try to have something like a coin, but I think almost nobody use that coins
They will finally accept bitcoin by the simple fact that bitcoin is being more and more used
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malaimult
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December 23, 2014, 03:56:53 AM |
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why they create their own crypto when they can just integrate bitcoin?
This is not a crypto, it's just amazon bucks. It's like when you have money on a starbucks card or something. OP was commenting, I think, on how the naming seems to be an attempt to ride on the coattails of bitcoin and altcoins. Exactly. It is essentially a gift card but can only be used in games for in-app purchases. It is similar to facebook's credits for buying extra pigs in farmville. IMO they are not trying to intimate bitcoin nor pass it off as being a crypto |
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colinistheman (OP)
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December 23, 2014, 04:10:16 AM |
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If it had been an [ANN] alt coin thread it would have looked something like this... just for laughs  - It's not decentralized.
- It's not in limited supply.
- It's not anonymous.
- Amazon creates as many as they want.
- It has no blockchain.
- It's not a cryptocurrency. (just a virtual currency)
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Cablez
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I owe my soul to the Bitcoin code...
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December 23, 2014, 02:38:35 PM |
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So this looks like MS points for amazon. Is that all? YAWN
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promojo
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December 23, 2014, 03:51:31 PM |
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It's Amazon Coin!! Yayy.
Fail.
And the question remains... What the hell is the point of it anyway? To keep this in their walled garden? For re-sellers/merchants? Why would I want to transfer from PayPal/CreditCard to Amazon Coin? |
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Poolie
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December 23, 2014, 03:56:29 PM |
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If it had been an [ANN] alt coin thread it would have looked something like this... just for laughs - It's not decentralized.
- It's not in limited supply.
- It's not anonymous.
- Amazon creates as many as they want.
- It has no blockchain.
- It's not a cryptocurrency. (just a virtual currency)
Ha. This coins shouldn't even be discussed here. It's nothing more than some kind of digital token called a coin and has nothing to do with cryptocurrencies. |
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neoneros
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December 23, 2014, 03:58:55 PM |
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And the question remains... What the hell is the point of it anyway? To keep this in their walled garden? For re-sellers/merchants? Why would I want to transfer from PayPal/CreditCard to Amazon Coin?
It is an incentive to get the customer to return and buy more at Amazon, cummulating more coins. And when used for micropayment you buy them in bulk, so you do not notice how many dollars you spent because is does not feel like real money anymore. |
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QuestionAuthority
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You lead and I'll watch you walk away.
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December 23, 2014, 04:16:10 PM |
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Amazon marketing was just trying to link it's product to something trendy and edgy just like most marketing departments do. This is so 2013. The trendy, edgy, cool aspect of calling everything "coin" is gone. I'm sure this will be gone soon when they move on to the next trend.  |
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drugs
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December 23, 2014, 04:29:23 PM |
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Amazon marketing was just trying to link it's product to something trendy and edgy just like most marketing departments do. This is so 2013. The trendy, edgy, cool aspect of calling everything "coin" is gone. I'm sure this will be gone soon when they move on to the next trend.
You might have a point. Think it will probably scare most of the general public away who don't understand crytpocoins though so not sure if it;s a good decision on Amazon's part. |
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