Bitcoin Forum

Economy => Economics => Topic started by: iamTom123 on November 02, 2017, 03:10:33 PM



Title: Can Amazon Integrate Bitcoin?
Post by: iamTom123 on November 02, 2017, 03:10:33 PM



Quote

Amazon is the largest e-commerce marketplace globally, and within a span of few years, it has quadrupled its market cap to $532 billion. It processes an unprecedented amount of orders and hence, the integration of payment technology or digital currency would require a prudent testing process and cautious implementation.

At this point, the demand for bitcoin is evidently increasing at an exponential rate, as the price of bitcoin recently surpassed the $7,000 mark for the first time in history. But, the scalability issues of bitcoin cannot be dismissed, since the size of the bitcoin mempool has increased back up to 50 million and the block size has remained above 1.04 MB in the past few days.

Currently, some of the most widely utilized bitcoin wallet platforms such as Blockchain and Coinbase are recommending transaction fees above $1. With SegWit-enabled wallets, the fees would likely be below $0.7, since as hardware wallet manufacturer Ledger stated, SegWit provides at least 35 percent reduction in transaction fees.

But, Amazon cannot expect general consumers or beginner bitcoin users to use SegWit-enabled wallet and enjoy lower fees, and in the short-term, the company may receive complaints in regards to high fees.


Read more here...
 (http://www.newsbtc.com/2017/11/02/52112/?utm_content=bufferb9be4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer)

The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know.






Title: Re: Can Amazon Integrate Bitcoin?
Post by: crg99 on November 02, 2017, 03:17:19 PM
As long there is a way to apply, the regulation is fixed, not too much trouble from trump,

 im sure they will use it.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Beerwizzard on November 02, 2017, 03:35:31 PM
Well amazon is placing itself on the market as an innovative company. They already invested huge money to drones and they were going to take part in Saudi Arabia desert megacity cunstruction. I think that in a couple years that will seem strange if they won't be accepting cryptocurrencies while performing such policy. But we shouldn't underestimate the power of US esablishement and central banks, they can always make some troubles.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: mark781 on November 02, 2017, 03:39:38 PM
For the moment I don't think they are interested to implement bitcoin as payment.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: mifanmuzny on November 02, 2017, 03:44:29 PM
Of course it can be implemented and there is a rumor going on its done. Its about time some online takes notice of the precious block-chain Tech King


Title: Re: Can Amazon Integrate Bitcoin?
Post by: player514 on November 02, 2017, 04:07:02 PM



Quote

Amazon is the largest e-commerce marketplace globally, and within a span of few years, it has quadrupled its market cap to $532 billion. It processes an unprecedented amount of orders and hence, the integration of payment technology or digital currency would require a prudent testing process and cautious implementation.

At this point, the demand for bitcoin is evidently increasing at an exponential rate, as the price of bitcoin recently surpassed the $7,000 mark for the first time in history. But, the scalability issues of bitcoin cannot be dismissed, since the size of the bitcoin mempool has increased back up to 50 million and the block size has remained above 1.04 MB in the past few days.

Currently, some of the most widely utilized bitcoin wallet platforms such as Blockchain and Coinbase are recommending transaction fees above $1. With SegWit-enabled wallets, the fees would likely be below $0.7, since as hardware wallet manufacturer Ledger stated, SegWit provides at least 35 percent reduction in transaction fees.

But, Amazon cannot expect general consumers or beginner bitcoin users to use SegWit-enabled wallet and enjoy lower fees, and in the short-term, the company may receive complaints in regards to high fees.


Read more here...
 (http://www.newsbtc.com/2017/11/02/52112/?utm_content=bufferb9be4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer)

The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know.







They actually ended up purchasing a couple of crytpo domains too. It seems like amazon is very interested in adopting bitcoin as a payment system. I think that it is definitely possible that they will; it allows Amazon to gain some investment into bitcoin and it will raise the bitcoin price because of the ability to use it as a true currency on many different websites. Amazon is almost 100% looking into getting bitcoin as a payment asap.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Ayush rana on November 02, 2017, 04:34:06 PM
There was a rumour that amazon is going to start using bitcoin and provide bitcoins for sale also. If this thing happens then the market value of bitcoin will increase unconditionally.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Isaak Bitcoin on November 02, 2017, 04:35:08 PM
I'm surprised that they have not done so yet.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: bitjoin on November 02, 2017, 05:40:26 PM

Since paypal is basically ebay owned and not accepted at amazon it does make sense they might incorporate a crypto as a way to attack paypal. Maybe they will launch amazon coin we will see.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: DaMut on November 02, 2017, 05:57:10 PM
i do not think it will happen for now because of the volatility.
amazon is a giant and have a millions costumer,just imagine it if their costumer using it(Bitcoin) and the price is down.
what will happen ? mass complain will happen in the future.
at least for now they will not integrate it until it's a bit stable or until it find it place.
other than that the fees itself making it look so bad in costumer opinion and the seller themself,
they need to send a 'lot' of money in order to get one transaction,what will happen if they need to make at least 100 transaction everyday?
but for future it has a chance and has a lot of room to grow,
just keep holding it and we will be rewarded handsomely in the future.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Icoalert00 on November 02, 2017, 05:58:46 PM
well there is a chance because we all know that the bitcoin currency today is increasing and increasing rapidly right meaning to say there is no impossible for this coin because all of the impossible is done right now. amazon is not that strict about payments there is a chance.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Nahl on November 02, 2017, 06:13:11 PM
There was a rumour that amazon is going to start using bitcoin and provide bitcoins for sale also. If this thing happens then the market value of bitcoin will increase unconditionally.
i have been hearing about this before that Amazon will announce next step regarding this at the end of october but today is november and i didn't see there is a news that Amazon officially adopt bitcoin even some of people says in the near future Amazon probably will not adopt bitcoin and after seeing this fact i think the latest news is fake but if someday Amazon really realize it i think that would be good innovation


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Mometaskers on November 02, 2017, 06:18:15 PM
Money talks and Amazon wants in on the action. Considering how huge Amazon's customer base is, I'm sure adoption of bitcoin could skyrocket. Not only are existing btc users be able to pay for their orders in btc, all those people who have been living under a rock would have no excuse not knowing what bitcoin is.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: ArgentBit on November 02, 2017, 06:34:39 PM
If Amazon wants to they will.  I do see the accepting BTC, but not until late 2018.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: darkangel11 on November 02, 2017, 06:41:15 PM
I'm surprised that they have not done so yet.

They supposedly are doing it, but there has to be some tight assed guy in their board who's slowing down the process.

It can be done, that's obvious. If so many online stores have done it, some over 3 years ago, it's not that hard.
Will they do it is another question. I think they will, it's inevitable.
The last question is when. IMO soon, if nothing bad happens with the currency itself.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: BartS on November 02, 2017, 06:55:43 PM
Well amazon is placing itself on the market as an innovative company. They already invested huge money to drones and they were going to take part in Saudi Arabia desert megacity cunstruction. I think that in a couple years that will seem strange if they won't be accepting cryptocurrencies while performing such policy. But we shouldn't underestimate the power of US esablishement and central banks, they can always make some troubles.
I do not think we are going to see bitcoin adopted soon by Amazon, I would love for that to happen since I will have access to all the universe of products that amazon offers but at the same time it does not seems like the right time for a business like amazon to accept bitcoin, they are going to get more trouble out of accepting bitcoin than benefits, so the only way for them to accept bitcoin is to ignore those issues thinking that eventually everything is going to solve itself.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Skyborn on November 02, 2017, 06:57:42 PM
At some point amazon will have to integrate cryptocurrency payments. That's for sure. The question is when. Right now I feel like bitcoin is not ready yet. Amazon handles a lot of orders per second and at this point in time bitcoin can't handle the same amount of transactions per second (yet). Of course it's foolish to think that, upon integration, all the transactions will be bitcoin based but in the long run it's something we should strive towards.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Krikke on November 02, 2017, 06:59:18 PM
I am sure they have already mentioned BTC during one of their internal board meetings, like Facebook, Google, Alibaba, ...
But the high-risk asset that BTC still is, does not allow these big players to integrate it into their portfolio.
When the BTC environment evolves and becomes mature and more stable I have no doubt it will be used by all tech giants out there!


Title: Re: Can Amazon Integrate Bitcoin?
Post by: TrueCryptonaire on November 02, 2017, 07:25:39 PM
It was an recent buzz that Amazon in accepting now bitcoin. do not think we are going to see bitcoin adopted soon by Amazon, I would love for that to happen since I will have access to all the universe of products that amazon offers but at the same time it does not seems like the right time for a business like amazon to accept bitcoin, they are going to get more trouble out of accepting bitcoin than benefits, so the only way for them to accept bitcoin is to ignore those issues thinking that eventually everything is going to solve itself.Amazon handles a lot of orders per second and at this point in time bitcoin can't handle the same amount of transactions per second (yet). Of course it's foolish to think that, upon integration, all the transactions will be bitcoin based but in the long run it's something we should strive towards.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: dancingnancy on November 02, 2017, 07:37:38 PM



Quote

Amazon is the largest e-commerce marketplace globally, and within a span of few years, it has quadrupled its market cap to $532 billion. It processes an unprecedented amount of orders and hence, the integration of payment technology or digital currency would require a prudent testing process and cautious implementation.

At this point, the demand for bitcoin is evidently increasing at an exponential rate, as the price of bitcoin recently surpassed the $7,000 mark for the first time in history. But, the scalability issues of bitcoin cannot be dismissed, since the size of the bitcoin mempool has increased back up to 50 million and the block size has remained above 1.04 MB in the past few days.

Currently, some of the most widely utilized bitcoin wallet platforms such as Blockchain and Coinbase are recommending transaction fees above $1. With SegWit-enabled wallets, the fees would likely be below $0.7, since as hardware wallet manufacturer Ledger stated, SegWit provides at least 35 percent reduction in transaction fees.

But, Amazon cannot expect general consumers or beginner bitcoin users to use SegWit-enabled wallet and enjoy lower fees, and in the short-term, the company may receive complaints in regards to high fees.


Read more here...
 (http://www.newsbtc.com/2017/11/02/52112/?utm_content=bufferb9be4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer)

The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know.





It depends on the the number of users. If the potential of bitcoin as a payment by laymen is high then they will definitely implement bitcoin as a payment method. Once it becomes more stable then eventually small vendors will follow too in accepting bitcoin. Since Amazon doesn't accept PayPal this will make bitcoin a better alternative option.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: jhenfelipe on November 02, 2017, 07:39:17 PM
Given the fact that Amazon is the largest e-commerce marketplace, they will definitely consider a lot of things before implementing Bitcoin Payments. It's not impossible, maybe just a matter of time. In regards with cryptocurrency domains, I also think that the reason why Amazon registered those as of now is for security reasons (anti-fraud/illegal activity using the brand name).


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Domenc on November 02, 2017, 07:47:52 PM
Bitcoin has become a global phenomenon now and it is possible that Amazon may introduce Bitcoin as a payment method soon.
The popularity of bitcoin is not hidden from any of the renowned companies . If amazon is really going to start accepting bitcoin then this would be a remarkable development for bitcoin . But the problem of accepting bitcoin as mean of transactions in some countries will still remain .


Title: Re: Can Amazon Integrate Bitcoin?
Post by: suzanne5223 on November 02, 2017, 07:55:17 PM
Yes, bitcoin is taking over the world slowly and for amazon to announce that they will be accepting bitcoin. I think amazon will really integrate bitcoin and other successful cryptocurrency pretty soon.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: FrueGreads on November 02, 2017, 08:25:13 PM
I think amazon is just observing right now. They are buying domain names involving crypto, like amazonethereum.com, amazoncryptocurrency.com, amazoncryptocurrencies.com and of course amazonbitcoin.com. This does not mean that they will adopt bitcoin right now, but it definitely means that they are aware of crypto markets and are watching how everything evolves. I think they will make the move eventually, but they will probably give it some time and wait to see how regulation is handled.
Bitcoin is still evolving, and I think they will only adopt it when it gets stable. The competition will get into bitcoin to get new clients etc, but Amazon, as a market leader does not need that, so they will probably only go into bitcoin when the coin goes mainstream.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Kronos21 on November 02, 2017, 08:30:42 PM
It seems to me that Amazon is not going to use bitcoin. They just use this news to the popularity of bitcoin is to make a PR. Any news about this intention the lightning spreads all over the world by all news agencies. It's good free advertising. Sorry that this is so. From making payments with bitcoins would benefit all. The sellers and buyers.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: hacker1001101001 on November 02, 2017, 08:40:11 PM



Quote

Amazon is the largest e-commerce marketplace globally, and within a span of few years, it has quadrupled its market cap to $532 billion. It processes an unprecedented amount of orders and hence, the integration of payment technology or digital currency would require a prudent testing process and cautious implementation.

At this point, the demand for bitcoin is evidently increasing at an exponential rate, as the price of bitcoin recently surpassed the $7,000 mark for the first time in history. But, the scalability issues of bitcoin cannot be dismissed, since the size of the bitcoin mempool has increased back up to 50 million and the block size has remained above 1.04 MB in the past few days.

Currently, some of the most widely utilized bitcoin wallet platforms such as Blockchain and Coinbase are recommending transaction fees above $1. With SegWit-enabled wallets, the fees would likely be below $0.7, since as hardware wallet manufacturer Ledger stated, SegWit provides at least 35 percent reduction in transaction fees.

But, Amazon cannot expect general consumers or beginner bitcoin users to use SegWit-enabled wallet and enjoy lower fees, and in the short-term, the company may receive complaints in regards to high fees.


Read more here...
 (http://www.newsbtc.com/2017/11/02/52112/?utm_content=bufferb9be4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer)

The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know.





Amazon is already a revolution in the online shopping and it is also heading towards another revolution of using bitcoin for online shopping sites payment. Amazon has already announced that it will take bitcoin into consideration ass one of its payment method. Google has also started taking interest in bitcoin and want to take its most advantage for them. Amazon has made many other shopping web sites and other websites too to take bitcoin into consideration and use it for some purpose. Bitcoin is becoming more and more famous due to this and its price is also increasing every day. WHen bitcoin will be added to amazon as a payment method that more and more people will com to know about bitcoin i think most of the internet users will know it and they will try to invest in it and learn its earning methods so this idea of amazon is great. There are some obstacles in this but the can be cleared for making a revolution in shopping industry.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Donaldturp on November 02, 2017, 08:53:34 PM
Yes, bitcoin is taking over the world slowly and for amazon to announce that they will be accepting bitcoin. I think amazon will really integrate bitcoin and other successful cryptocurrency pretty soon.

If they start to accept bitcoin, we enter a new bitcoin era. This means bitcoin should turn into a legal asset in USA and other leading countries and thus price start to rise very harshly.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Lampaster on November 02, 2017, 08:54:39 PM
Your optimism is boundless. Lol! You describe the situation from a futuristic movie. In life everything is much more prosaic. Even if the fact that Amazon will allow customers to make purchases with bitcoin it does not change globally the situation. Users will still keep the coins to become rich in the future.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: TimtheYoutuber on November 02, 2017, 09:08:12 PM
Amazon wont be able to run from crypto currency forever!

I made a YouTube video discussing my thoughts on it : https://www.youtube.com/watch?v=Gm3_9VCxXAc&t=0s


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Icaraswipeout on November 02, 2017, 09:43:29 PM
This "Amazon case" that we are all waiting for will raise a contradiction: 

- The more the BTC value grow, the more shops and regular business are interested in being paid in BTC.

- The more the BTC value grow, the more BTC holders want to keep it as an investment and rather like to pay their expenses with Fiat.

Hopefully, with the increasing market cap, the volatily will reduces, BTC holders will expect more reasonable returns and start to use it for general purpose.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: BCEmporium on November 02, 2017, 09:51:21 PM

Since paypal is basically ebay owned and not accepted at amazon it does make sense they might incorporate a crypto as a way to attack paypal. Maybe they will launch amazon coin we will see.
That's an extremely interesting perspective that I haven't thought of yet. If Amazon actually went this way and allowed crypto payments through its open market and perhaps even implemented an auction style format for third party sellers they could seriously eat into Ebay's revenue.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: _Dawid_ on November 02, 2017, 09:54:08 PM
For sure Amazon can do anything, also can integrate the bitcoin if people will really demand it and the crypto will become much more popular and not discriminate. But in my opinion when that time will come the bitcoin's price will be much higher than it is now. So what if Amazon will create own crypto currency? And the rest grat company go this way? The bitcoin will become a main medium of exchange but not a payment method because of its features.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Aureliusy on November 02, 2017, 09:54:21 PM
They are old style ecommerce. They will probably make a deal with google-coin , facebook-coin  or apple-token. ALL TBA on short notice.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: avikz on November 02, 2017, 11:48:02 PM
Amazon can certainly do that but I am sure they will first try to implement it for a testing period to know how it is going and then they will go ahead with full integration for all countries. The major challenge for them will be the price dynamics. They will have to use a price ticker to start using bitcoin as a payment option for their website because the price of bitcoin is not stable at all. So the product price in bitcoin will have to be dynamic unless they want to make a loss in every transaction. 


Title: Re: Can Amazon Integrate Bitcoin?
Post by: iamTom123 on November 03, 2017, 02:19:32 AM
Given the fact that Amazon is the largest e-commerce marketplace, they will definitely consider a lot of things before implementing Bitcoin Payments. It's not impossible, maybe just a matter of time. In regards with cryptocurrency domains, I also think that the reason why Amazon registered those as of now is for security reasons (anti-fraud/illegal activity using the brand name).

I agree with your opinion. Amazon will not get into something half-baked as it can possibly affect their name in the world of e-commerce and in fact Amazon get into its top position due to careful, precise and detailed planning. When the time will come that it would be ready to accept Bitcoin then it would be happily announcing it to the whole world. We are just hoping that it would really consider the idea and not just dismiss it without serious consideration. The thing here is that they are looking at it from the view of revenue generation otherwise it would be a big waste of time and money on its part.

Registering domains for the sake of protecting one's name is a good strategy actually and this has been adopted by many big names in different industries and yes even by celebrities I heard. Whether Amazon would be commercially using those domains that we would soon see...they can just parked them if they want anyway. The world of Bitcoin is now closely watching moves from Amazon and many are looking for clues for the possible future inclusion of Bitcoin or cryptocurrency into its very wide and profitable e-commerce platform.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Pleione527 on November 03, 2017, 02:31:55 AM
It's possible Amazon is one of the company who love the idea of on-line selling and transactions and I think they will love the idea of bitcoin besides they will benefit a lot if they accept bitcoin as a legal tender especially now that the value keeps on rising. We are now heading into a technological market as these online shopping has been welcome by a lot of countries now and so as the digital currencies like bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: etherflyerofficial on November 03, 2017, 02:35:22 AM
I think it's a good idea for bitcoin to become a common use currency and starting from those online shopping sites, like Amazon, eBay etc.
But not just for BTC, also for ETH as well.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: cryptoalfs76 on November 03, 2017, 09:44:22 PM



Quote

Amazon is the largest e-commerce marketplace globally, and within a span of few years, it has quadrupled its market cap to $532 billion. It processes an unprecedented amount of orders and hence, the integration of payment technology or digital currency would require a prudent testing process and cautious implementation.

At this point, the demand for bitcoin is evidently increasing at an exponential rate, as the price of bitcoin recently surpassed the $7,000 mark for the first time in history. But, the scalability issues of bitcoin cannot be dismissed, since the size of the bitcoin mempool has increased back up to 50 million and the block size has remained above 1.04 MB in the past few days.

Currently, some of the most widely utilized bitcoin wallet platforms such as Blockchain and Coinbase are recommending transaction fees above $1. With SegWit-enabled wallets, the fees would likely be below $0.7, since as hardware wallet manufacturer Ledger stated, SegWit provides at least 35 percent reduction in transaction fees.

But, Amazon cannot expect general consumers or beginner bitcoin users to use SegWit-enabled wallet and enjoy lower fees, and in the short-term, the company may receive complaints in regards to high fees.


Read more here...
 (http://www.newsbtc.com/2017/11/02/52112/?utm_content=bufferb9be4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer)

The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know.






Yeah!that's great idea,if amazon can integrate  bitcoin in one place ,like social media,online shopping,any kinds of news about bitcoin in order to synchronize all.but in terms of platforms is different  different issue because all trasing site's have thier own choice because they have come from different country.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: sheilasekarbumi on November 03, 2017, 09:54:49 PM
As my informations, Amazon accepted Bitcoin in payment so i guess they could integrates Bitcoin for sure. Hope the next coin they accept will be Etherum. If it's true , cryptocurrency will have a bright path to becomes the main method payment in everything.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: aardvark15 on November 03, 2017, 09:58:50 PM
I don’t see why it couldn’t be done. Other companies like Overstock.com have allowed Bitcoin as a payment method and it worked fine when I used it. There is no reason why a company can’t allow Bitcoin as a payment method, especially online because it is so easy to do from your own computer or smartphone. My assumption is that if Amazon provides this alternative, you will see an increase in sales temporarily as people go to try it out. You may get supporters of Bitcoin to use it just to promote Bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: GreenCoin22 on November 03, 2017, 10:22:17 PM
As Amazon is focused on internet and related things, integrating Bitcoin is a move that goes well with Amazons strategy. On the other hand if Amazon integrates this Bitcoin I guess that Bitcoins price will be huge and will go up to 10.000$. So I don`t know if Amazon will have success or not with Bitcoin but as much as the topic will be in discussion the price of BTC will be stable or rise even more. 


Title: Re: Can Amazon Integrate Bitcoin?
Post by: dulce dd121990 on November 03, 2017, 11:20:51 PM
Why not? amazon is an online shop that caters also online payment, it is so possible that amazon may integrate bitcoin as a payment. As i heard other online business also accepting bitcoin as a payment and that is a great idea that amazon may also accept bitcoin for customer's payment.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: waynechong1995 on November 04, 2017, 12:15:34 AM
Regulation would be a big challenge for such adoption as a US based company, i doubt there would be other technical challenges as well to integrate bitcoin in their current payment system which has so much price structure and the fluctuating price of bitcoin might just kill these. Rising price doesn't mean people are actually using it, they are just buying from exchange and would be sold on exchanges. So the actual volume of using bitcoin would be insufficient to support companies like Amazon. This news just make price higher and not encouraging Amazon at all


Title: Re: Can Amazon Integrate Bitcoin?
Post by: BCEmporium on November 04, 2017, 12:17:18 AM
I don’t see why it couldn’t be done. Other companies like Overstock.com have allowed Bitcoin as a payment method and it worked fine when I used it. There is no reason why a company can’t allow Bitcoin as a payment method, especially online because it is so easy to do from your own computer or smartphone. My assumption is that if Amazon provides this alternative, you will see an increase in sales temporarily as people go to try it out. You may get supporters of Bitcoin to use it just to promote Bitcoin.
It can be done, but most other companies use Bitpay as a middleman. Amazon doesn't seem to be the type that would want a middle man. If they are trying to implement their own crypto payments (so they won't have to pay fees to third parties) it would take them some time to get that ready. Acquiring something like Bitpay would take time too because of negotiations.

The fact that Amazon isn't rushing it suggests that they are trying to go big on crypto and not just "get it done somehow".


Title: Re: Can Amazon Integrate Bitcoin?
Post by: appleffi on November 04, 2017, 12:33:05 AM
It's not impossible to integrate bitcoin in the near future since some other online services or stores are already integrating bitcoin. The only difference is that amazon is one of the biggest online marketplace and is controlled and being regulated strictly thus before it can integrate bitcoin, they need to assess all factors and weigh its advantages and disadvantages. I strongly believe that it will soon be integrated, no doubts on this question at all.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: digaran on November 04, 2017, 01:46:23 AM
They must before it's too late, they could use a payment processor like Coinpayments.net if they don't want to get involved too much with market and price fluctuations. they are already keeping your information before you receive your purchased items, they know who you are and where you live, if they use a payment processor they will never lose money.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: entrepmind23 on November 04, 2017, 02:47:43 AM
They can integrate bitcoin but there are still issues that need to be solved before they can fully make it as one of their payment option like as what OP said, the high transaction fee. This is one of the major complaints of the bitcoin users because transaction fee is high that's why it would be hard for Amazon to just add bitcoin because the costumer might consider paying in another option if customers would end up paying higher if they choose bitcoin and instead of buying the products cheap, it would be more expensive. There is also the issue of volatility so they should address this first. I though believe that Amazon will eventually integrate bitcoin because of the growing users of crypto so they wouldn't like it if they are left behind.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: jekjekman on November 04, 2017, 07:06:02 AM
A huge company as Amazon will not have any problem on integrating bitcoin as a mode of payment. They might even release their own crypto currency to be used for their websites. It is a fact that almost all of the online shopping websites are already on the step on checking if the can use bitcoin as a mode of payment to offer their customers maybe one reason why they can't do it right now is because the price of bitcoin keeps on fluctuating from time to time.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: alexzorgo on November 04, 2017, 07:18:16 AM
Amazon most likely will release own version of tokens as universal conventional units. Will test all opportunities by means of the tokens and will reveal shortcomings of such cryptosystem. And only after that will try to implement payment in directly operating cryptocurrencies. They don't hurry because any mistakes can do much harm reputations of the company,


Title: Re: Can Amazon Integrate Bitcoin?
Post by: tondalink on November 04, 2017, 07:20:23 AM
Good new for crypto community


Title: Re: Can Amazon Integrate Bitcoin?
Post by: crypto4lambo on November 04, 2017, 07:32:54 AM
They can integrate bitcoin in Amazon or any other merchant I must say, if and only if, bitcoin will be stable enough in regards with its price. With its volatility it can be a big factor to not be integrated to any other merchants. They cant change their price everyday just to cope up with bitcoin’s price. Also, bitcoin has high fees and slower transaction rate compared to other altcoins with similar usage. If dev team can come up with a solution to solve this then I think there is no way it can’t be integrated. Also, one thing that comes into my mind, if Bitcoin can’t be regulated then how come it can be taxed. That thing alone can trigger the goverment to stop bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: BitcoinMarshal on November 04, 2017, 07:38:14 AM
They must before it's too late, they could use a payment processor like Coinpayments.net if they don't want to get involved too much with market and price fluctuations. they are already keeping your information before you receive your purchased items, they know who you are and where you live, if they use a payment processor they will never lose money.
Amazon is world[s biggest online market they will keep eye on all factors and then implement all things which could be helpful for them and buyers both if they are going to do this in near future this could be very good news as bitcoin already touching 7000$ this news can give quick response and we can touch over 10000$ figure love to be have this


Title: Re: Can Amazon Integrate Bitcoin?
Post by: coin_1122 on November 04, 2017, 07:43:00 AM
As Amazon is focused on internet and related things, integrating Bitcoin is a move that goes well with Amazons strategy. On the other hand if Amazon integrates this Bitcoin I guess that Bitcoins price will be huge and will go up to 10.000$. So I don`t know if Amazon will have success or not with Bitcoin but as much as the topic will be in discussion the price of BTC will be stable or rise even more. 

Still, there is no such news announced by the Amazon whether they will integrate or not. I think if the integrate the Bitcoin means definitely the price of Bitcoin will spike to 10,000USD and many people are using the services with the Bitcoin they have.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: krishnapramod on November 04, 2017, 08:18:18 AM
1. The logic behind Amazon not integrating Bitcoin as a payment method might be as simple as there isn't substantial demand for Bitcoin as a currency/medium of exchange.

2. Volatility.

3. Regulations. Apart from a couple of countries, Bitcoin isn't recognized/legalized as a currency. Additionally, in the US, every Bitcoin payment is liable for capital gains tax.

Amazon has its own virtual currency, Amazon Coins. I am sure that Amazon will accept Bitcoin, but when depends on demand, volatility, more clarity and less uncertainty.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: azguard on November 04, 2017, 08:32:07 AM
As Amazon is focused on internet and related things, integrating Bitcoin is a move that goes well with Amazons strategy. On the other hand if Amazon integrates this Bitcoin I guess that Bitcoins price will be huge and will go up to 10.000$. So I don`t know if Amazon will have success or not with Bitcoin but as much as the topic will be in discussion the price of BTC will be stable or rise even more. 

Not need to be like that, if was rumored back in 2015 end that they wanted back then to use and implement bitcoin but end up just with the words. Hope that this time will be much better and that finally many will be able to buy/sell on Amazon stuff for bitcoin.

This could be that breaking point for bitcoin and massive adoption if this come to be good then maybe price will go shy high.



Title: Re: Can Amazon Integrate Bitcoin?
Post by: VitKoyn on November 04, 2017, 08:39:47 AM
If Bitcoin continues to grow and more people will adopt it then why not? I also think that it will not last long and they will accept bitcoin and other cryptocurrencies as a medium of payment and online shops similar to amazon will follow while Bitcoin will be skyrocketing to $10k+, but in the meantime they accept Bitcoin by using Purse.io, it would be great if they will accept payments from Coinpayments.net. There are also news that they will create their own cryptocurrency but Amazon still not releasing any statements about it and I think this is not true.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Granxis on November 04, 2017, 09:40:37 AM
Amazon's mass appeal is huge, and there are many people who do not know Bitcoin. I do not believe that such a thing will happen. Perhaps it is such rumors that Bitcoin price has increased disproportionately.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Lucius on November 04, 2017, 09:52:56 AM
All big companies including Amazon certainly have an interest in BTC and even more for blockchain.Any serious company who want to make progress must accept new technologies if they want to be competitive in the market.The key is that this needs to be achieved before the competition,it's always good to be first in something.In case Amazon accepts BTC as a means of payment it would mean a lot for all those who support BTC and its greater use in the world.This would certainly affect the even greater popularity and would encourage others to accept BTC.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Aamir1 on November 04, 2017, 10:17:02 AM
Well, i think the fees on bitcoin transactions should not be a reason for them not to integrate Bitcoin in the payments, because the fees of bitcoin are probably lower than the fees a person would need to pay using a Credit Card or by a bank transfer for buying something. I think people, who know about bitcoin will probably use bitcoin instead of other payment methods no matter if the fees right now are quite high, because they will still be paying less fees if they pay with bitcoin no matter if it is above $2 or $4.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: BillCoin on November 04, 2017, 11:16:31 AM
If amazon is going to accept bitcoin for payments, I am pretty sure that they are going to do it via bitpay, which means that they don't directly accept bitcoins, but indirectly.

They won't keep any bitcoins or have any bitcoin wallet, they are going to instantly convert their bitcoins into fiat right after they receive it to avoid price manipulations which may cause the company to lose money.

I think that it may provide more traffic to bitcoin but it is not a big deal , it will be a big deal if amazon would start keeping the bitcoins they take from customers.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Lieldoryn on November 04, 2017, 11:39:24 AM
If amazon is going to accept bitcoin for payments, I am pretty sure that they are going to do it via bitpay, which means that they don't directly accept bitcoins, but indirectly.

They won't keep any bitcoins or have any bitcoin wallet, they are going to instantly convert their bitcoins into fiat right after they receive it to avoid price manipulations which may cause the company to lose money.

I think that it may provide more traffic to bitcoin but it is not a big deal , it will be a big deal if amazon would start keeping the bitcoins they take from customers.

It seems to me that it is too difficult to Amazon decided it. No, I don't believe it. Perhaps it is more our dream than the desire Amazon. Initiative always comes from below. It seems to me that the pioneers in this industry are small online stores. Then after analyzing the situation, the big players will take the decision for themselves.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: audrey12 on November 04, 2017, 12:43:44 PM
I think integrating bitcoin to amazon can happen anytime soon. Surely amazon look into bitcoin as a good market for their business with this technology more people will love buying onlines the market of amazon will increase and they will also benefited with the fluctuations with results to appreciation of bitcoin they don't just earn from selling they will also have the opportunity in earnings thru holding of bitcoins they will receive.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Yuhee on November 04, 2017, 12:45:51 PM
If amazon is going to accept bitcoin for payments, I am pretty sure that they are going to do it via bitpay, which means that they don't directly accept bitcoins, but indirectly.

They won't keep any bitcoins or have any bitcoin wallet, they are going to instantly convert their bitcoins into fiat right after they receive it to avoid price manipulations which may cause the company to lose money.

I think that it may provide more traffic to bitcoin but it is not a big deal , it will be a big deal if amazon would start keeping the bitcoins they take from customers.

It seems to me that it is too difficult to Amazon decided it. No, I don't believe it. Perhaps it is more our dream than the desire Amazon. Initiative always comes from below. It seems to me that the pioneers in this industry are small online stores. Then after analyzing the situation, the big players will take the decision for themselves.

I think it is not that hard to create a wallet. Because for me, their would be a lot of conversion hussle and what if the item is only 3 dollars, you have to pay for fee and they would have to convert it again in own currency. I would agree that they should accept btc but i myself wont exactly use it always if im gonna buy on amazon.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Wagako on November 04, 2017, 12:56:45 PM



Quote

Amazon is the largest e-commerce marketplace globally, and within a span of few years, it has quadrupled its market cap to $532 billion. It processes an unprecedented amount of orders and hence, the integration of payment technology or digital currency would require a prudent testing process and cautious implementation.

At this point, the demand for bitcoin is evidently increasing at an exponential rate, as the price of bitcoin recently surpassed the $7,000 mark for the first time in history. But, the scalability issues of bitcoin cannot be dismissed, since the size of the bitcoin mempool has increased back up to 50 million and the block size has remained above 1.04 MB in the past few days.

Currently, some of the most widely utilized bitcoin wallet platforms such as Blockchain and Coinbase are recommending transaction fees above $1. With SegWit-enabled wallets, the fees would likely be below $0.7, since as hardware wallet manufacturer Ledger stated, SegWit provides at least 35 percent reduction in transaction fees.

But, Amazon cannot expect general consumers or beginner bitcoin users to use SegWit-enabled wallet and enjoy lower fees, and in the short-term, the company may receive complaints in regards to high fees.


Read more here...
 (http://www.newsbtc.com/2017/11/02/52112/?utm_content=bufferb9be4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer)

The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know.






I think if amazon will really start to accept bitcoin as a means of payment then it is a big step for the bitcoin to be acceptable. Amazon will be a model so that others will accept bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: LeGaulois on November 04, 2017, 12:58:23 PM

Since paypal is basically ebay owned and not accepted at amazon it does make sense they might incorporate a crypto as a way to attack paypal. Maybe they will launch amazon coin we will see.

Paypal and Ebay are two separate companies for a long time now. Amazon has never included Paypal because Amazon considers Paypal as a competitor directly and not directly. If you use Amazon you have noticed this company is not accepting any payment processor. They accept only Visa/Mastercard, gift cards, etc.
They have already Amazon Payment that they struggle to be adopted so I don't think they are ready to create their coin anytime soon.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: trobin on November 04, 2017, 01:21:43 PM
I think amazon and any other major company integrating bitcoin as a payment method won't be too hard in the future, they will have such a way that on purchase the bitcoin is instantly sold off in to the currency needed (USD for example) so that it is almost a seamless transaction for everyone.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: jcojci on November 04, 2017, 01:33:07 PM
maybe soon we can see that amazon will integrate with bitcoin for their payment so we can pay with our bitcoin and we can hide our identity. i think it will be a great news to see amazon and the other store online integrate with bitcoin as their system payment because if amazon is applying this, it means bitcoin will be spreads more among us. i am curious when the amazon will integrate their system with bitcoin and i want to know how its easy to pay with bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: yoseph on November 04, 2017, 02:16:37 PM
If amazon is going to accept bitcoin for payments, I am pretty sure that they are going to do it via bitpay, which means that they don't directly accept bitcoins, but indirectly.

They won't keep any bitcoins or have any bitcoin wallet, they are going to instantly convert their bitcoins into fiat right after they receive it to avoid price manipulations which may cause the company to lose money.

I think that it may provide more traffic to bitcoin but it is not a big deal , it will be a big deal if amazon would start keeping the bitcoins they take from customers.

It seems to me that it is too difficult to Amazon decided it. No, I don't believe it. Perhaps it is more our dream than the desire Amazon. Initiative always comes from below. It seems to me that the pioneers in this industry are small online stores. Then after analyzing the situation, the big players will take the decision for themselves.
I am inclined in agreeing with you because if they really wanted they could have done it along time ago as lots of major stores have already integrated bitcoins in their payment methods already. The best way to do it without making losses is to immediately sell the bitcoins they get from transaction in order not to lose money.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Lupin297 on November 04, 2017, 03:02:43 PM
They can integrate it, but it would be very hard for people to make efficient transactions, since one transaction is now 70 dollars. They would probably try to integrate some other crypto in the same way. Maybe litecoin/ethereum?


Title: Re: Can Amazon Integrate Bitcoin?
Post by: darthmaul on November 04, 2017, 03:30:27 PM
Quote
still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

Dont you think amazon itself is smart enough organisation/entity to overcome that problem. I mean they are the best e-commerce in the world and everyone knows how fast they work in the world. If they are seeing an great opportunity thought eh bitcoin then they might have started the work on bitcoin already and might be implementing the codes. Nothing can be states really! but development must be taking shaping already at their HO's. Also, never forget that amazon is always first to adopt kinda of entity and if more people are going to use Amazon because of bitcoin then they will surely break the code at first glance only.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: w33man on November 04, 2017, 03:33:23 PM
I’m quite sure they can. For one thing, Amazon is a very successful online buy and sell website. I’m sure that throughout the years they have developed a well secured way of transaction. Thus, making btcoin easy to adapt.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: killerfrost on November 04, 2017, 03:49:27 PM
Amazon is the largest e-commerce market in the world and almost every mode of trading on Amazon is fast and secure, ensuring the interests of users. If you apply Bitcoin to Amazon then we need to go through many challenges. In particular, the disclosure of user information and transaction fees as well as long transaction time is a major issue that needs to be addressed now. Applying the new Bitcoin method will reduce transaction time but increase the fees on many occasions, I think people will not like this.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: BitcoinBallerina on November 04, 2017, 03:55:01 PM
Amazon can do whatever they want it is completely up to them. I would highly recommend that they do this to start stashing reserves of Bitcoin however there is a big spotlight on them so if they start doing that I'm sure the government will want to know how much they're getting in taxes because of where their headquarters are located. Maybe they'll go all virtual.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: sigtmerchant on November 04, 2017, 04:03:00 PM
With BTC commissions being crazy high nowadays (and unlikely to drop a lot after SegWit) I wonder if any of retail giants would ever consider accepting other cryptos as a form of payment. Dash, ZEC/ZEN etc.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Redanim on November 04, 2017, 04:04:57 PM
I think Amazon could easily take bitcoin without any problems, but do the creators of bitcoin want this? Nobody wants to share profits.  On the one hand, bitcoin would be recognized as legal, on the other hand there would be a lot of problems between the owners of these companies. But it is not for us to decide this, of course, what will be that will be, the main thing is that ordinary people could earn.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Ctn on November 04, 2017, 04:32:21 PM

Oh great that mazing to here and see what coming in the next few months or may be year. If amazon is really in the plans to acquire bitcoin as payment system then man juts imagine how much market cap of bitcoin they will push forward. I mean the user base for the Amazon is just tremendous as we know already and I bet there must be half of the nerds who are user of crypto currencies including me. Lols. So I will most probably (surely ) will use bitcoin to buy things from the Amazon.


As far as Amazon reputation is considered I’m pretty sure this will add up legality or may be more greater status to bitcoin and everyone will try to catch up the hot coin. This ultimately will give more fans to amazon also for acquiring the thing which everyone always dreamt of and bitcoin will have new users too. So everyone is happy in the last.



Title: Re: Can Amazon Integrate Bitcoin?
Post by: Mister1k on November 04, 2017, 04:51:07 PM
Amazon is the largest e-commerce market in the world and almost every mode of trading on Amazon is fast and secure, ensuring the interests of users. If you apply Bitcoin to Amazon then we need to go through many challenges. In particular, the disclosure of user information and transaction fees as well as long transaction time is a major issue that needs to be addressed now. Applying the new Bitcoin method will reduce transaction time but increase the fees on many occasions, I think people will not like this.

They have given the information states that they will make the bitcoin payment api in their shopping cart but they did not added yet bro. If that integration has been added you will be able to buy any products without any issues.
Still we can purchase the things anythings in amazon using purse.io site so you will be able to make the payment with the bitcoins.
You will be able to get the credits and additional points whenever you purchases products with this sites.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Reid on November 04, 2017, 05:00:01 PM
There is no forcing it, it will be their choice. Whether their profits will grow or not. They have their own managing staff who is doing their jobs to think about the possibilities if ever bitcoin was used as a means of payment in their services.
I am sure they are also looking at a great risk which they will tackle if ever they do it.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: PrinceCaspian on November 04, 2017, 05:03:32 PM
All of the online shops can easily integrate with bitcoin because they just need to set up a wallet of bitcoin and announce that they are now accepting bitcoin as a payment and after that then it will be easily adopted by the users of their online shop and they can just sell their product and accept with bitcoin easily.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Theb on November 04, 2017, 05:11:01 PM
Amazon on the topic of accepting Bitcoin into their system as a payment method is not a problem. The problem lies here is if it will have a big effect on their sales by accepting Bitcoin as a mode of payment if the consumers will use it instead of other payment methods such as credit cards and Paypal. Of course the consumers here will have to decide if they are willing to accept the additional cost if they opted out choosing Bitcoin as a mode of payment, the transaction fee is really a big hurdle here as these buyers only really want to buy what the items really cost additional cost such as shipping are expected to come with the product's cost knowing that Bitcoin transactions have fees on the buyer's side will be a problem for them.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: STRAKS on November 04, 2017, 06:54:46 PM
I doubt that they will be doing that anytime soon. The VP of Amazon recently stated that there is no market need to integrate Bitcoin and therefore they currently do not have plans to implement BTC nor other digital currencies as payment solutions.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Lompe on November 04, 2017, 07:51:50 PM
They can, but they will not do it. They already bought a Bitcoin-related domain name but that was rather to protect their brand than to offer a new service - because basically they do not need a new website to accept Bitcoin ::).


Title: Re: Can Amazon Integrate Bitcoin?
Post by: dmamigo on November 04, 2017, 07:56:29 PM
The integration will bring a great option for buyers, the fees is a hurdle ofcourse, but if we consider many doesn't have Credit Cards then I believe the fees won't matter for many. The option of Bitcoin for payment will be appreciated by many.

But yes who has options other than Bitcoin, they will think before spending on purchase. So it will be an issue for Amazon to take a decision of integrating Bitcoin


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Xising on November 04, 2017, 08:00:12 PM
Amazon can most certainly can. It is one of the most richest companies out there that cater to online services. So, they must have advance technology to integrate bitcoin and make it secure at the same time.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: betMaster on November 04, 2017, 11:54:15 PM



Quote

Amazon is the largest e-commerce marketplace globally, and within a span of few years, it has quadrupled its market cap to $532 billion. It processes an unprecedented amount of orders and hence, the integration of payment technology or digital currency would require a prudent testing process and cautious implementation.

At this point, the demand for bitcoin is evidently increasing at an exponential rate, as the price of bitcoin recently surpassed the $7,000 mark for the first time in history. But, the scalability issues of bitcoin cannot be dismissed, since the size of the bitcoin mempool has increased back up to 50 million and the block size has remained above 1.04 MB in the past few days.

Currently, some of the most widely utilized bitcoin wallet platforms such as Blockchain and Coinbase are recommending transaction fees above $1. With SegWit-enabled wallets, the fees would likely be below $0.7, since as hardware wallet manufacturer Ledger stated, SegWit provides at least 35 percent reduction in transaction fees.

But, Amazon cannot expect general consumers or beginner bitcoin users to use SegWit-enabled wallet and enjoy lower fees, and in the short-term, the company may receive complaints in regards to high fees.


Read more here...
 (http://www.newsbtc.com/2017/11/02/52112/?utm_content=bufferb9be4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer)

The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know.





I'm curious to see what people will say about that. Many consider bitcoin as a rare currency and i don't believe that they will accept bitcoin as a way of payment. Of course some will like. Those who work and get paid in bitcoin will definitely welcome the idea since it make it easier for them to shop from Amazon. This is a good step in integrating bitcoin is our social life and make those who don't know what bitcoin is wonder what is it about. It can attract the attention of  many online shoppers and spread the population of bitcoin even wider.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: noel2123 on November 04, 2017, 11:57:15 PM
I doubt that they will be doing that anytime soon. The VP of Amazon recently stated that there is no market need to integrate Bitcoin and therefore they currently do not have plans to implement BTC nor other digital currencies as payment solutions.
agreed Implementing bitcoin would be great but I think Amazon has future plans so they will not accept it at the moment , I'm a bit sad about it because Imagine how much can we  save if we can directly buy amazon products using bitcoin , no need for me to go to exchanges and less hassle for bitcoin users.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: ene1980 on November 04, 2017, 11:59:32 PM
If they do implement bitcoin as a mode of payment it would be great,but the news of bitcoin being accepted by amazon is going around for a very long time and yet they are to implement it,with the price of bitcoin rising and the new announcement of derivatives market might sway their minds .


Title: Re: Can Amazon Integrate Bitcoin?
Post by: nurlela on November 05, 2017, 12:37:26 AM
i do not know entirely clear what purpose that news. there is no official statement from amazon about bitcoin integration.
it maybe happen several years later. because, there are too many cases to solve, about return item, price stability, regulation and many others. if they find a way to solve the case, then it is likely to happen


Title: Re: Can Amazon Integrate Bitcoin?
Post by: bstewart on November 05, 2017, 12:40:39 AM
Amazon will at some point, although I think I everyone is hyping it too much.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Pearls Before Swine on November 05, 2017, 12:59:33 AM
For the moment I don't think they are interested to implement bitcoin as payment.

Brilliant analysis.

I'm not exactly against using bitcoin to buy things, even though I'd much prefer to spend
fiat, but I'm totally for this.  If they accepted bitcoin, I and others would have an excellent
place to buy with crypto.  Right now, there isn't a big retailer other than overstock (which
I've never used) that takes it, and for those of us who don't have any exchange accounts,
it's a way to convert bitcoin to something tangible.  I'm really hoping Amazon comes around.
I suspect they will, and then after them I'm hoping Ebay does the same.  Then we'll know
bitcoin has truly arrived.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: jatin729 on November 05, 2017, 04:01:32 AM
Yes Amazon can integrate, but as we all know in bitcoin's world there is always risk involved due to fluctuations of prices. If we see this year data bitcoin has done fabulous job and jump into 7000 usd.
Maybe only price is the reason for amazon to think about bitcoins. And also there is two point of view.
First see amazon point of view " it says amazon can make huge profit from bitcoins because price will gonna rise in future".
Customer point of view" customer can buy goods by using their bitcoins without converting it into fiat currency that means no banking operations involved in it ".


Title: Re: Can Amazon Integrate Bitcoin?
Post by: shesheboy on November 05, 2017, 04:21:13 AM
Amazon can most certainly can. It is one of the most richest companies out there that cater to online services. So, they must have advance technology to integrate bitcoin and make it secure at the same time.

amazon is a big company so i dont believe that they can integrate bitcoin instantly because bitcoins value arent stable so they may find it hard to adjust the pricing of their items from time to time but i think it can also have a good impact to thier sales because most people nowadays are now using bitcoins to shop online or offline. although  ive heard that they bought a new domain but we arent sure yet if ts really for bitcoins.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Domenc on November 05, 2017, 11:47:48 AM
I strongly think that amazon can integrate bitcoin . Many sources are telling that amazon is considering to adopt bitcoin as means of payment . Bitcoin's large influence and value is the main reason behind it .
If this happens then bitcoin will get a very large headstart and the market value will hike to more greater values .
Amazon is such a great platform to publicize and encourage more and more people to use it.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: GubiMixa1292 on November 05, 2017, 12:32:25 PM
This news make bitcoin price increase a lot. Bitcoin will reach 10k$ soon.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: ladydark on November 05, 2017, 01:09:33 PM
Amazon Technologies has registered three domains with names related to crypto currency.The move was expected to be announced on october 26th.But i think that it would take years for amazon to incorporate bitcoin since it has to do a detailed research about crypto payments.

But at the same time,it could not simply avoid bitcoin payments any more since its competitor online retailer Overstock has been accepting bitcoin payments since 2013.Amazon could not simply leave customers using bitcoin payment to its competitor.

Already,most of amazon users were asking amazon CEO to accept bitcoin payments and very soon,we could expect such an announcement.



Title: Re: Can Amazon Integrate Bitcoin?
Post by: TTITA on November 05, 2017, 01:52:30 PM
i do not know entirely clear what purpose that news. there is no official statement from amazon about bitcoin integration.
it maybe happen several years later. because, there are too many cases to solve, about return item, price stability, regulation and many others. if they find a way to solve the case, then it is likely to happen
yes nothing impossible, when many people was holding some btc, of course amazon will open minded to their customers to open options bitcoin as one of payment methods.
these has been happen with some company whom accepting bitcoin, such as overstock, newegg, etc.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: skyline247 on November 05, 2017, 02:28:48 PM
Amazon could very well integrate Bitcoin and that would be a smart thing for them to do so they could start stashing reserves of Bitcoin, but if they made a public statement then they know there would be the government somehow trying to tax their earnings or regulate what they're doing somehow especially if they have infrastructure in the US. Amazon should just buy them OTR.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Wesimon on November 05, 2017, 02:44:02 PM
A company like Amazon whose transaction was done online will always be open for integration. I'm pretty sure that they were already starting to impose the use of digital currency in their transactions. However, though bitcoin is one of the best potential coins to be use, the would probably consider a faster response and transaction to be used.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: jagdeepjd on November 06, 2017, 07:56:58 AM
Amazon one of the ecommerce giant would surely want to and be the first among others to adopt and integrate digital currency like bitcoin. but there are few things which as mentioned in the OP are the hurdles for the bitcoin to be integrated as the payment options

1. volatility (price of bitcoin mostly keeps fluctuating and that fluctuation is sometimes more than 1000$ at times )
2. Transaction fees( at the moment transaction fees are almost 3$-5$)
3. delay in txn confirmations.

as above mentioned things will be taken into account and untill they are in control i dont see amazon integrating bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: BartS on November 06, 2017, 03:19:22 PM
i do not think it will happen for now because of the volatility.
amazon is a giant and have a millions costumer,just imagine it if their costumer using it(Bitcoin) and the price is down.
what will happen ? mass complain will happen in the future.
at least for now they will not integrate it until it's a bit stable or until it find it place.
other than that the fees itself making it look so bad in costumer opinion and the seller themself,
they need to send a 'lot' of money in order to get one transaction,what will happen if they need to make at least 100 transaction everyday?
but for future it has a chance and has a lot of room to grow,
just keep holding it and we will be rewarded handsomely in the future.

The volatility is not an issue, people have uses services like bitpay for a very long time so I will not be surprised if amazon created their own in house solution similar to that to deal with the volatility, what has always worried amazon is the possibility of fraud that bitcoin creates since you can create a wallet with no id verification then that means that a person may claim to be anyone he wants and that is something that amazon is not going to like that much.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: rainezerr401 on November 06, 2017, 03:29:51 PM
Yes they can, They have professional software engineer's that can handle the programming stuff's and it will be depending on the ceo if they will implement a bitcoin transaction in their website.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Cazemiro on November 06, 2017, 04:09:37 PM
I believe in the future, but now is so difficult, because of volatility! The BTC is so young, we need to learn and trust in this way of payment.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: aencarnaci on November 07, 2017, 11:30:51 AM

Since paypal is basically ebay owned and not accepted at amazon it does make sense they might incorporate a crypto as a way to attack paypal. Maybe they will launch amazon coin we will see.

Paypal and Ebay are two separate companies for a long time now. Amazon has never included Paypal because Amazon considers Paypal as a competitor directly and not directly. If you use Amazon you have noticed this company is not accepting any payment processor. They accept only Visa/Mastercard, gift cards, etc.
They have already Amazon Payment that they struggle to be adopted so I don't think they are ready to create their coin anytime soon.
If amazon will start its own coin that will not be so successful because people already have a emerging coin that gives a lot to the people and that’s the main reason bitcoin is accepted by the amazon and this will give amazon extension for surviving in the upcoming era and more to it this is an ease to the bitcoin use that they can shop from amazon without any worry and in future many other stores will accept btc.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: fiomcorka on November 08, 2017, 05:17:44 AM
This news make bitcoin price increase a lot. Bitcoin will reach 10k$ soon.
Yes, that will be more than wonderful thing if you people can think of it and we will be seeing this happening all around us. Amazon is so much famous and when something less valuable attach with high fame thing, both will get the profit. So bitcoin will be getting same amazing response as this news will become true. Bitcoin will definitely moving towards more profit.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: aleksabat on November 08, 2017, 05:41:31 AM
It is a payment system, so of course it can. The question is do they need it? it has unstable movements  in the price all the time, so there is no point to do that in the closest time


Title: Re: Can Amazon Integrate Bitcoin?
Post by: KingdomHearts on November 08, 2017, 07:34:44 AM
Amazon can do whatever they want it is completely up to them. I would highly recommend that they do this to start stashing reserves of Bitcoin however there is a big spotlight on them so if they start doing that I'm sure the government will want to know how much they're getting in taxes because of where their headquarters are located. Maybe they'll go all virtual.
According to the recent studies Amazon has the biggest market share of up to 38% in sale sector and hence it is the biggest e-commerce Company known. they have their own complete set of rules but I think that it really is not a good option for the Bitcoin users due to heavy amount of taxes to be paid via transaction services provided by them as well as the security regarding personal information is not up to the mark.

In spite of all these realities it is quite possible that Amazon would be able to Amalgamate all the Bitcoins together  earning a lot of profit  because of its illegal nature and no involvement of government at any level  indeed.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: BillCoin on November 08, 2017, 07:38:34 AM
It is a payment system, so of course it can. The question is do they need it? it has unstable movements  in the price all the time, so there is no point to do that in the closest time

Unstable price movements won't impact amazon at all.

Please keep in your mind that if Amazon is going to accept bitcoin, they will do it through a 3rd party channel such as bitpay, which converts the BTC to fiat at the rate of the buy point.
Which means that you pay with bitcoins, but amazon gets fiat, they are not open to any changes in the bitcoin price.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: futuret on November 08, 2017, 11:01:57 AM
I think integrating bitcoin to amazon can happen anytime soon. Surely amazon look into bitcoin as a good market for their business with this technology more people will love buying onlines the market of amazon will increase and they will also benefited with the fluctuations with results to appreciation of bitcoin they don't just earn from selling they will also have the opportunity in earnings thru holding of bitcoins they will receive.
For sure the Amazon is being use for the betterment of the bitcoin and this is the reason why all the people hold the bitcoin and in the future all the people will get in the bitcoin and you will see how fast the bitcoin is getting I n the case of the Amazon I hope for the best and I will see the bitcoin is growing more and I hope the value and the value of the bitcoin will grow more and more I will increase this is the best time for the bitcoin I hope this will increase the value of the bitcoin with of the bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: chickenado on November 08, 2017, 11:08:48 AM
I think integrating bitcoin to amazon can happen anytime soon. Surely amazon look into bitcoin as a good market for their business with this technology more people will love buying onlines the market of amazon will increase and they will also benefited with the fluctuations with results to appreciation of bitcoin they don't just earn from selling they will also have the opportunity in earnings thru holding of bitcoins they will receive.
For sure the Amazon is being use for the betterment of the bitcoin and this is the reason why all the people hold the bitcoin and in the future all the people will get in the bitcoin and you will see how fast the bitcoin is getting I n the case of the Amazon I hope for the best and I will see the bitcoin is growing more and I hope the value and the value of the bitcoin will grow more and more I will increase this is the best time for the bitcoin I hope this will increase the value of the bitcoin with of the bitcoin.

Well I see it to be a better effect of bitcoin when integrated to amazon, hopefully it's happening in sooner time. Yeah that's a good market for business and I am sure that it will make the demand of bitcoin to rise even more. Fluctuations will always be there and we shouldn't be worried because it already existed since the beginning of bitcoin's journey towards trading and investments. I'd love to hear more progress with amazon's adoption on digital currency and that's a certain visions that will make progressive outcomes of bitcoin as more years to come will be more valuable always.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: eternalgloom on November 08, 2017, 12:04:52 PM
It is a payment system, so of course it can. The question is do they need it? it has unstable movements  in the price all the time, so there is no point to do that in the closest time

Unstable price movements won't impact amazon at all.

Please keep in your mind that if Amazon is going to accept bitcoin, they will do it through a 3rd party channel such as bitpay, which converts the BTC to fiat at the rate of the buy point.
Which means that you pay with bitcoins, but amazon gets fiat, they are not open to any changes in the bitcoin price.


That's a possibility, but it's also possible for them to keep a certain percentage of the Bitcoins.
Overstock is doing that and keeping around 50% of all Bitcoin payments they receive, perhaps there are other companies that are doing the same.

I'd really like to see some statistics on Bitcoin payments from other companies, if usage is too low then I don't see Amazon accepting Bitcoin in the near future.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: tj4dmx on November 08, 2017, 09:21:48 PM
Yes,why not !
Such adoption will be a landmark for bitcoin !


Title: Re: Can Amazon Integrate Bitcoin?
Post by: NeoTech42 on November 08, 2017, 09:24:57 PM
Expedia has been already accepted Bitcoin so why not Amazon !


Title: Re: Can Amazon Integrate Bitcoin?
Post by: azguard on November 09, 2017, 11:42:04 AM
It is a payment system, so of course it can. The question is do they need it? it has unstable movements  in the price all the time, so there is no point to do that in the closest time

Unstable price movements won't impact amazon at all.

Please keep in your mind that if Amazon is going to accept bitcoin, they will do it through a 3rd party channel such as bitpay, which converts the BTC to fiat at the rate of the buy point.
Which means that you pay with bitcoins, but amazon gets fiat, they are not open to any changes in the bitcoin price.


That's a possibility, but it's also possible for them to keep a certain percentage of the Bitcoins.
Overstock is doing that and keeping around 50% of all Bitcoin payments they receive, perhaps there are other companies that are doing the same.

I'd really like to see some statistics on Bitcoin payments from other companies, if usage is too low then I don't see Amazon accepting Bitcoin in the near future.

Yes this can be bad example if most of the companies dont have that much buy/sell with bitcoin, like you mentioned. And if amazon is looking that way then i dont think that this or the next year will be good for them to accept bitcoin as payment. More likely it will 2019 or 2020 and besides them think that eBay will follow to.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: supine on November 09, 2017, 12:21:27 PM
Amazon is really big company, so I'm confidently sure that it can be able to adapt or implement bitcoin without any problems. This could be a way for it's competitors to do the same thing because it will increase Amazon's sales if they are the only one that offers this kind of service.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Sled on November 09, 2017, 01:27:45 PM
Amazon can easily integrate or adapt bitcoin to their business because they just need to add a new mode of payment or option and that is bitcoin and after that  then they can easily accept bitcoin as a payment and one thing for sure is, it is really easy to setup a wallet for the payments that will be made in bitcoin so there will be no problem for amazon to accept bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: CuriousGeorge on November 09, 2017, 01:57:15 PM
Highly possible, Steam did it 2 years ago, Amazon should have already added it but just not yet...
But they need to consider so many thing since Paypal already used for payment method in amazon since then which people oftenly said that Paypal is the only real competitors for bitcoin leading the digital payment
in this world.
But they consideration will be whether the integration with bitcoin could bring them benefits or just merely disadvantage, they will make their own decision.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: mOgliE on November 09, 2017, 05:36:50 PM
I am convinced that for Amazon, attracting bitcoin users is a potential gold mine. However, for the moment it is completely impossible for them to use such currency as bitcoin is either illegal or simply ignored by most governments.

Amazon, even though they do not have much trouble to play with taxes and working conditions, using their international network, still must abide by the law everywhere it pursues transactions.

Therefore, time is not right at the moment for them to go into bitcoin. But sure, they are looking for a way to make profit with it!


Title: Re: Can Amazon Integrate Bitcoin?
Post by: BitcoinNational on November 09, 2017, 05:58:59 PM
It's pretty strange they haven't done it before. Amazon is at the cutting edge ecommerce.
Some other websites allow crypto payments years ago. Don't know what they wait for. Maybe they wany to develop their own crypto on the blockchain, who knows? :)


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Wipro on November 09, 2017, 06:31:10 PM
It's pretty strange they haven't done it before. Amazon is at the cutting edge ecommerce.
Some other websites allow crypto payments years ago. Don't know what they wait for. Maybe they wany to develop their own crypto on the blockchain, who knows? :)

You seems not aware that bitcoin can be used in amazon or not I cannot understand. I see that you are not much knowledge about purse.io because still you can able to buy anythings using purse to access in amazon site.
There was an announcement about the bitcoin payment api in amazon but not yet added.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: BCEmporium on November 09, 2017, 08:22:55 PM
It's pretty strange they haven't done it before. Amazon is at the cutting edge ecommerce.
Some other websites allow crypto payments years ago. Don't know what they wait for. Maybe they wany to develop their own crypto on the blockchain, who knows? :)

You seems not aware that bitcoin can be used in amazon or not I cannot understand. I see that you are not much knowledge about purse.io because still you can able to buy anythings using purse to access in amazon site.
There was an announcement about the bitcoin payment api in amazon but not yet added.
He's not talking about third party services or resellers of Amazon gift cards. He was specifically talking about shops that have Bitcoin payment gateways integrated into their own website directly. Which Amazon does not, as he correctly pointed out.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: batang_bitcoin on November 09, 2017, 09:50:55 PM
It's pretty strange they haven't done it before. Amazon is at the cutting edge ecommerce.
Some other websites allow crypto payments years ago. Don't know what they wait for. Maybe they wany to develop their own crypto on the blockchain, who knows? :)

They maybe afraid of the volatility of bitcoin and they don't want to take the risk before. But there are rumors that soon they will now start to use bitcoin and accept payments through it. We may consider those other websites that are into bitcoin for an early time but yet if Amazon decides for themselves we can't do anything for it, we just have to wait for their decision and one day they will be into crypto already.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: BartS on November 10, 2017, 09:56:20 PM
I doubt that they will be doing that anytime soon. The VP of Amazon recently stated that there is no market need to integrate Bitcoin and therefore they currently do not have plans to implement BTC nor other digital currencies as payment solutions.
And I think he is right bitcoin is great but there are not enough people using bitcoin at the moment in order to justify adopting bitcoin, I know that we all would like for amazon to accept bitcoin but there is not a reason for them to do it, there is no money in it, there are going to be all kind of troubles with scammers and it is not part of their ideology, so they gain nothing by accepting bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: BCEmporium on November 10, 2017, 10:06:54 PM
I doubt that they will be doing that anytime soon. The VP of Amazon recently stated that there is no market need to integrate Bitcoin and therefore they currently do not have plans to implement BTC nor other digital currencies as payment solutions.
And I think he is right bitcoin is great but there are not enough people using bitcoin at the moment in order to justify adopting bitcoin, I know that we all would like for amazon to accept bitcoin but there is not a reason for them to do it, there is no money in it, there are going to be all kind of troubles with scammers and it is not part of their ideology, so they gain nothing by accepting bitcoin.
How are people going to scam Amazon with Bitcoin...? The payments are irreversible, so Amazon would actually have increased security over traditional payment methods.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: jayhawk1 on November 11, 2017, 07:17:44 AM
Yes they can, They have professional software engineer's that can handle the programming stuff's and it will be depending on the ceo if they will implement a bitcoin transaction in their website.
They will, indeed. Amazon is the world biggest shopping store that works online and when they see the prices of bitcoins and people are willing to use bitcoin instead of cash, then will turn up their heads and work on it. Every good thing takes time and gradually everything just get influence with it. Same will happen with bitcoin, when it will be easily available in market, then all these shopping stores will integrate it.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: c-none on November 11, 2017, 07:20:56 AM
I think they will go with their own currency.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: bstewart on November 12, 2017, 05:02:05 PM
Yes, and they will.

Just give them some time, they will catch up like the rest of them.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: interactivecrypto on November 12, 2017, 05:04:11 PM
yes they will integrate they buy a few domain name  read it here:https://www.interactivecrypto.com/will-amazon-accept-cryptocurrency-payments/ (https://www.interactivecrypto.com/will-amazon-accept-cryptocurrency-payments/)


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Nwereonye on November 12, 2017, 05:13:01 PM
Yes, it is very likely because I feel bitcoin has made a name for itself in the currency market. Most e-commerce sites have already adopted it.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: bstewart on November 12, 2017, 05:21:57 PM
I doubt that they will be doing that anytime soon. The VP of Amazon recently stated that there is no market need to integrate Bitcoin and therefore they currently do not have plans to implement BTC nor other digital currencies as payment solutions.
And I think he is right bitcoin is great but there are not enough people using bitcoin at the moment in order to justify adopting bitcoin, I know that we all would like for amazon to accept bitcoin but there is not a reason for them to do it, there is no money in it, there are going to be all kind of troubles with scammers and it is not part of their ideology, so they gain nothing by accepting bitcoin.
How are people going to scam Amazon with Bitcoin...? The payments are irreversible, so Amazon would actually have increased security over traditional payment methods.

Yeah I doubt scamming will be a big issue here. And Amazon will still peg it to the dollar so returns would be relevant to dollar amount and not bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Xember on November 12, 2017, 06:21:07 PM
I believe so. Amazon is one of the biggest online buy and sell company around the world. I think they have the suffecient technology and staff to implement bitcoin in their system. The only question that is running in my mind is when will they start integrating it. Hopefully, they’ll do it sooner because a lot of bitcoin user will be pleased.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: ashaksagnis on November 12, 2017, 07:13:04 PM
Of Course no. high risk to be scammed . Amazon is already biggest online shop platform. i dont think so that amazon can take a risk and add bitcoin payment system.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: margarete11 on November 12, 2017, 07:24:09 PM
I believe so. Amazon is one of the biggest online buy and sell company around the world. I think they have the suffecient technology and staff to implement bitcoin in their system. The only question that is running in my mind is when will they start integrating it. Hopefully, they’ll do it sooner because a lot of bitcoin user will be pleased.
yup agree if amazon really wanted to make bitcoin as one of there payment gateway it could be done instantly however the problem is amazon might not implement it due to unknown reason , it would be good if they do but I doubt it will actually happen.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: bakunawaaa on November 12, 2017, 07:39:41 PM
Sorry. I fail to see what the big hurdle is. Can you please explain.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: John Wick on November 12, 2017, 07:42:31 PM
I doubt that they will be doing that anytime soon. The VP of Amazon recently stated that there is no market need to integrate Bitcoin and therefore they currently do not have plans to implement BTC nor other digital currencies as payment solutions.
And I think he is right bitcoin is great but there are not enough people using bitcoin at the moment in order to justify adopting bitcoin, I know that we all would like for amazon to accept bitcoin but there is not a reason for them to do it, there is no money in it, there are going to be all kind of troubles with scammers and it is not part of their ideology, so they gain nothing by accepting bitcoin.
How are people going to scam Amazon with Bitcoin...? The payments are irreversible, so Amazon would actually have increased security over traditional payment methods.

Amazon would create its own blockchain. This can be either a separate blockchain or they can adopt bitcoin and they can prepare a solution desk system where people can also make their claims about refund. This is up to amazon. They can still hold the funds until the buyer approves the shopping.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: noel2123 on November 12, 2017, 07:52:16 PM
I doubt that they will be doing that anytime soon. The VP of Amazon recently stated that there is no market need to integrate Bitcoin and therefore they currently do not have plans to implement BTC nor other digital currencies as payment solutions.
And I think he is right bitcoin is great but there are not enough people using bitcoin at the moment in order to justify adopting bitcoin, I know that we all would like for amazon to accept bitcoin but there is not a reason for them to do it, there is no money in it, there are going to be all kind of troubles with scammers and it is not part of their ideology, so they gain nothing by accepting bitcoin.
How are people going to scam Amazon with Bitcoin...? The payments are irreversible, so Amazon would actually have increased security over traditional payment methods.

Amazon would create its own blockchain. This can be either a separate blockchain or they can adopt bitcoin and they can prepare a solution desk system where people can also make their claims about refund. This is up to amazon. They can still hold the funds until the buyer approves the shopping.
possible this was actually make sense , since amazon is one of the big company  on electronic commerce they are capable of doing there own blockchain where they can have there own sort of rules ! surely I will look forward to this


Title: Re: Can Amazon Integrate Bitcoin?
Post by: hoop on November 12, 2017, 08:22:23 PM
If amazon decided to integration with bitcoin, what will the current amazon alternatives in the market do? There are many cryptocurrency market places projects. some of them in ico phase.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Capt00 on November 12, 2017, 08:36:26 PM
I believe so. Amazon is one of the biggest online buy and sell company around the world. I think they have the suffecient technology and staff to implement bitcoin in their system. The only question that is running in my mind is when will they start integrating it. Hopefully, they’ll do it sooner because a lot of bitcoin user will be pleased.
Maybe this time amazon is still doubted the capabilities of bitcoin. I believe they are making steps/plan towards crypto. Or they are just waiting that bitcoin is fully established and some big companies accepting it. Anyway, not only amazon are planning on that way and maybe we are just surprise by next year that all of them are in crypto.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Nevis on November 12, 2017, 08:54:51 PM
They can clearly can but the only problem is do merchants on amazon will accept this update and changes issued by the amazon company if they issued bitcoins as one of payment methods.I think that some merchants will not accept it


Title: Re: Can Amazon Integrate Bitcoin?
Post by: BrannigansLaw on November 12, 2017, 09:17:34 PM
They can clearly can but the only problem is do merchants on amazon will accept this update and changes issued by the amazon company if they issued bitcoins as one of payment methods.I think that some merchants will not accept it
Who cares whether the merchants accepts bitcoin or not ,if they let users to purchase the products with bitcoin they could cash out immediately and there is nothing worrying about the volatility we have with bitcoin if they could cash out immediately and they could come up with a good front end.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: tomotan on November 12, 2017, 09:33:26 PM
Jesus...i really hope so...this whole amazon gift cards trading monkey business stops...:-)


Title: Re: Can Amazon Integrate Bitcoin?
Post by: radeone on November 12, 2017, 09:34:40 PM
newegg and overstock both accept bitcoin it shouldn't be much longer until they accept it too.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: p3ppymon on November 12, 2017, 09:38:44 PM
I'd love to see Amazon and other big players accepting bitcoins. However, the high fees and slow transaction times make the use of bitcoin not feasible for a company which processes 600 orders a second (2016).


Title: Re: Can Amazon Integrate Bitcoin?
Post by: wilwxk on November 12, 2017, 09:42:08 PM
They can, but only if the use of the bitcoin its higher than now and they will not like to do this integration, because they own the AmazonPay and they will not like a currency which they cannot be a partiner or buy the company.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: millgates on November 12, 2017, 09:46:23 PM
Actually, we can buy goods from amazon by using purse.io, it is a vendors that help bitcoin users to spend their bitcoin. We only need to choose the goods that we desired to buy on the wishlist then put the wishlist in purse .io then wait somebody to buy the good using usd  then we get the goods and the person who buy the goods using usd will get our bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Shenzou on November 12, 2017, 09:52:14 PM
Actually, we can buy goods from amazon by using purse.io, it is a vendors that help bitcoin users to spend their bitcoin. We only need to choose the goods that we desired to buy on the wishlist then put the wishlist in purse .io then wait somebody to buy the good using usd  then we get the goods and the person who buy the goods using usd will get our bitcoin.
There are hundred of ways where people can use bitcoin to buy things from amazon, but they are all indirectly, it is not wethere it is possible or not, it is about acceptence, if bitcoin gets accepted as an official payment method, because not only it eliminates any third party sites for us and removes the extra fees, but it is also more convinient becuase we would be able to use bitcoin at its all potential, and also it introduces more poeple to bitcoin who maybe haven't heard of it up until now, and they would be curious to know about it when they see it on amazon.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: 1Referee on November 12, 2017, 10:05:29 PM
I'd love to see Amazon and other big players accepting bitcoins. However, the high fees and slow transaction times make the use of bitcoin not feasible for a company which processes 600 orders a second (2016).

Correct. However, that doesn't mean Bitcoin will never be able to function as proper currency tool when it comes to buying stuff (regardless of how low or high the value of the items are). Lightning Network is what people are waiting for, and this will directly result in a far higher transaction processing capacity per second, far lower fees, etc. Ultimately, this will allow people to conduct micro transactions, allow people in third world countries to utilize Bitcoin without having to worry about confirmation times, costly fees, etc. If Amazon is ignoring Bitcoin on purpose right now because of the current 'drawbacks', they will have no reason to ignore Bitcoin any longer with Lightning Network being functional.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: micleeiu398 on November 13, 2017, 01:15:00 PM

Since paypal is basically ebay owned and not accepted at amazon it does make sense they might incorporate a crypto as a way to attack paypal. Maybe they will launch amazon coin we will see.

Paypal and Ebay are two separate companies for a long time now. Amazon has never included Paypal because Amazon considers Paypal as a competitor directly and not directly. If you use Amazon you have noticed this company is not accepting any payment processor. They accept only Visa/Mastercard, gift cards, etc.
They have already Amazon Payment that they struggle to be adopted so I don't think they are ready to create their coin anytime soon.
If amazon will start its own coin that will not be so successful because people already have a emerging coin that gives a lot to the people and that’s the main reason bitcoin is accepted by the amazon and this will give amazon extension for surviving in the upcoming era and more to it this is an ease to the bitcoin use that they can shop from amazon without any worry and in future many other stores will accept btc.
When people have a developed and well progressed coin why they will go for the amazon coin and amazon will not gain so much from that coin so accept the things as they are they made a bold decision to accept bitcoin and many other stores are following them and in future they will also accept this coin as payment and I think amazon will not do any stupidity to introduce any other coin they are making good through it.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: bearexin on November 13, 2017, 02:13:18 PM
It is a payment system, so of course it can. The question is do they need it? it has unstable movements  in the price all the time, so there is no point to do that in the closest time

Unstable price movements won't impact amazon at all.

Please keep in your mind that if Amazon is going to accept bitcoin, they will do it through a 3rd party channel such as bitpay, which converts the BTC to fiat at the rate of the buy point.
Which means that you pay with bitcoins, but amazon gets fiat, they are not open to any changes in the bitcoin price.


That's a possibility, but it's also possible for them to keep a certain percentage of the Bitcoins.
Overstock is doing that and keeping around 50% of all Bitcoin payments they receive, perhaps there are other companies that are doing the same.

I'd really like to see some statistics on Bitcoin payments from other companies, if usage is too low then I don't see Amazon accepting Bitcoin in the near future.
Amazon has the largest share in the cryptocurrency market as it is one of the most famous sites for cryptocurrency exchanges in the world. They don’t accept the coins in their original form rather convert them firstly into the physical money.

Hence the involvement of third party including the sponsors of  the btc are involved in exchanges through  this site which would make it possible for the Amazon to be largest holder of digital assets in the upcoming few years.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: larrylegend33 on November 13, 2017, 02:21:01 PM
I think they will accept BTC soon. Nowadays many big company works with BTC. I read that article and i was surprised :)

Who accepts bitcoins as payment? List of companies, stores, shops: https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/


Title: Re: Can Amazon Integrate Bitcoin?
Post by: LuffyD.Monkey on November 15, 2017, 01:00:32 PM
Highly possible, Steam did it 2 years ago, Amazon should have already added it but just not yet...
Yes for sure he bitcoin and the Amazon are going to be the best for the future I know how the bitcoin is increasing in the value and I hope the bitcoin will give all the people a chance and the fun of the bitcoin will buy all the people the chance to have the high value and the low transaction I hope it will be the best step in the history of the bitcoin and not only the Amazon but other will also accept the bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: expless on November 16, 2017, 12:54:01 PM
Highly possible, Steam did it 2 years ago, Amazon should have already added it but just not yet...
But they need to consider so many thing since Paypal already used for payment method in amazon since then which people oftenly said that Paypal is the only real competitors for bitcoin leading the digital payment
in this world.
But they consideration will be whether the integration with bitcoin could bring them benefits or just merely disadvantage, they will make their own decision.
Paypal will not give amazon high profit as bitcoin and if amazon will take bitcoin seriously this coin will give their business so progress that their capital will be increased and if they continue to accepted bitcoin payment they will surely on the top of online store and can beat easily to the Alibaba premium and by seeing the decision of amazon other stores are now thinking to accept bitcoin as payment and that’s good.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: BERMUDAL on November 16, 2017, 01:12:26 PM
I'd love to see Amazon and other big players accepting bitcoins. However, the high fees and slow transaction times make the use of bitcoin not feasible for a company which processes 600 orders a second (2016).

gotta agree with you on that one..

amazon handles alot of low value transactions. bitcoin is not a viable option with their slow transaction time and huge fees. it is more likely they would adopt ripple. a centralized entity with fast transaction, low fees and focused on banking.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: trako on November 16, 2017, 03:19:08 PM
yes I think it can integrate. it will always be a time of progress, if not today. One of the first markets to do this business is the share grows. and nobody can stay indifferent to it. Certainly some will do it.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Kevin77 on November 17, 2017, 03:50:38 PM
I believe in the future, but now is so difficult, because of volatility! The BTC is so young, we need to learn and trust in this way of payment.
Volatility have not stopped purse.io integrating amazon cart into their system somehow and allowing users to make use of bitcoin.

As long as you are paying for the value of what you are purchasing at that point in time, I see no reason why that should be a problem. It is expected that volatility can happen in 2 ways.

Moreover, this would bring more opportunities for the usage of the coin with more people adopting it. However, I totally admit that BTC is still young and there are so many developments that need to be done before hitting these stages, but it has to be fast so we don't miss the show.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: mifanmuzny on November 17, 2017, 05:01:27 PM
As an online shopping store giants they should and can be implemented. If so this happens trust me they can double their customer and profit big time


Title: Re: Can Amazon Integrate Bitcoin?
Post by: NoNetwork on November 18, 2017, 12:07:25 AM

Since paypal is basically ebay owned and not accepted at amazon it does make sense they might incorporate a crypto as a way to attack paypal. Maybe they will launch amazon coin we will see.

Paypal and Ebay are two separate companies for a long time now. Amazon has never included Paypal because Amazon considers Paypal as a competitor directly and not directly. If you use Amazon you have noticed this company is not accepting any payment processor. They accept only Visa/Mastercard, gift cards, etc.
They have already Amazon Payment that they struggle to be adopted so I don't think they are ready to create their coin anytime soon.
If amazon will start its own coin that will not be so successful because people already have a emerging coin that gives a lot to the people and that’s the main reason bitcoin is accepted by the amazon and this will give amazon extension for surviving in the upcoming era and more to it this is an ease to the bitcoin use that they can shop from amazon without any worry and in future many other stores will accept btc.
When people have a developed and well progressed coin why they will go for the amazon coin and amazon will not gain so much from that coin so accept the things as they are they made a bold decision to accept bitcoin and many other stores are following them and in future they will also accept this coin as payment and I think amazon will not do any stupidity to introduce any other coin they are making good through it.
I think this conversation is out of track, no one have mentioned that there will be an 'Amazon Coin', the thread is about will Amazon adapt Bitcoin as their medium of payment? That's it, nothing about Amazon making their own coin and stuff.

I think they are not ignoring it, they're just waiting for the right time to accept it as means of payment. But by having this transaction issues, they seem can't comprehend the time they have to wait just to confirm that transaction, so lightning network will soon fix this problem.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Imfinnabeon on November 18, 2017, 12:58:43 AM
The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

[/quote]

Seeing how Amazon is the worlds biggest company (or soon to be if not now) and Bitcoin is the worlds greatest crypto it is only fair that they get together and make it happen. I mean this revolution if happened would be

massive for bitcoin and amazon alike and may fuel the "buy a cup of coffee" mantra we keep hearing everywhere. I think it would go a long way to bridge the gap between cryptos and fiat as well as people in bitcoin versus

the people who always question bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: azguard on November 18, 2017, 11:25:37 AM
As an online shopping store giants they should and can be implemented. If so this happens trust me they can double their customer and profit big time

Yes that how we think but they probably consider and the other side effect. If this comes as bad move (my personal opinion is that it wont be) they will have major loss, they have to consider this option to. But if they finally decide to do this think this will be major impact to both price and addoption for bitcoin and after this think that all over the world major resells will accept bitcoin permanently.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: djangocoin on November 18, 2017, 12:04:13 PM
It can, but will it, that's anybodies guess.. for now i'd say i doubt it, but in the near/mid term future possibly if they think they can profit by it.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: worle1bm on November 18, 2017, 12:33:34 PM



Quote

Amazon is the largest e-commerce marketplace globally, and within a span of few years, it has quadrupled its market cap to $532 billion. It processes an unprecedented amount of orders and hence, the integration of payment technology or digital currency would require a prudent testing process and cautious implementation.

At this point, the demand for bitcoin is evidently increasing at an exponential rate, as the price of bitcoin recently surpassed the $7,000 mark for the first time in history. But, the scalability issues of bitcoin cannot be dismissed, since the size of the bitcoin mempool has increased back up to 50 million and the block size has remained above 1.04 MB in the past few days.

Currently, some of the most widely utilized bitcoin wallet platforms such as Blockchain and Coinbase are recommending transaction fees above $1. With SegWit-enabled wallets, the fees would likely be below $0.7, since as hardware wallet manufacturer Ledger stated, SegWit provides at least 35 percent reduction in transaction fees.

But, Amazon cannot expect general consumers or beginner bitcoin users to use SegWit-enabled wallet and enjoy lower fees, and in the short-term, the company may receive complaints in regards to high fees.


Read more here...
 (http://www.newsbtc.com/2017/11/02/52112/?utm_content=bufferb9be4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer)

The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know.





There are numerous thread about this on the forum and many meetings have been held by the amazon executives to discuss about this but still they there are no positive signs from the company to accept it although they are showing signs to adopt it.It is the largest e-commerce website with customer base of millions and they have to take into consideration the negative aspects also before incellcating it into their platform because of its volatility and risk involved they might suffer loss.But in coming time they might accept crypto coins


Title: Re: Can Amazon Integrate Bitcoin?
Post by: BossMacko on November 18, 2017, 12:33:45 PM
I think with the user of Bitcoin and the market of Bitcoin yes amazon might integrate Bitcoin to their system. I am still waiting for them to integrate it until now because i want to buy or avail vps to them using Bitcoin, i don't want to always use my credit card to them i just want it anonymously. Also Amazon has an article before that they are planning to integrate Bitcoin to their system. I think we just need more time to wait for them.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: toogoodtobetrue on November 18, 2017, 12:35:29 PM
I wish AMZ and Etsy accept BTC


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Granxis on November 18, 2017, 02:14:30 PM
The price of Amazon's stock market was quite high when it was gossip-paying with Bitcoin , and the price is now declining. No company can not ignore it. They may be afraid of BTC's legal features.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: fuer44 on November 18, 2017, 02:21:29 PM
amazon is the famous online market from america it? does this topic about: whether bitcoin can be a transaction tool in amazon? is it like that?
because that I know, in amazon it transactions using paypal.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: ricardobs on November 19, 2017, 06:45:37 AM
Yes, and they will.

Just give them some time, they will catch up like the rest of them.
Maybe is time you all stop all this rubbish about Amazon accepting and not accepting Bitcoin and just let them do whatever pleases them. You don’t tell them what to do, they made it big without Bitcoin and will still achieve more without Bitcoin, so accepting Bitcoin won’t change anything or increase their customers or whatever. If you can’t afford to use your credit card and PayPal to buy from Amazon, then shut up and watch others buy.

You guys first said that Amazon would accept Bitcoin on October, but the never did, now you’ve started it again. Just shut up and let them accept it whenever they want. In fact, why are we all so worried about Amazon, while we have Overstock, wtf…


Title: Re: Can Amazon Integrate Bitcoin?
Post by: LeGaulois on November 19, 2017, 02:50:08 PM
amazon is the famous online market from america it? does this topic about: whether bitcoin can be a transaction tool in amazon? is it like that?
because that I know, in amazon it transactions using paypal.

Amazon never used Paypal and will surely never because they consider Paypal as a competitor (with their payment processor AmazonPay), otherwise Paypal would probably be added a long time since now. Amazon and Paypal are like cat and dog.

Also Amazon has an article before that they are planning to integrate Bitcoin to their system.
Any link to give us as a  source? Because I think it never happened otherwise the rumor would not be a rumor anymore since


Title: Re: Can Amazon Integrate Bitcoin?
Post by: suvo05 on November 20, 2017, 07:31:38 AM
Yes, and they will.

Just give them some time, they will catch up like the rest of them.
Maybe is time you all stop all this rubbish about Amazon accepting and not accepting Bitcoin and just let them do whatever pleases them. You don’t tell them what to do, they made it big without Bitcoin and will still achieve more without Bitcoin, so accepting Bitcoin won’t change anything or increase their customers or whatever. If you can’t afford to use your credit card and PayPal to buy from Amazon, then shut up and watch others buy.

You guys first said that Amazon would accept Bitcoin on October, but the never did, now you’ve started it again. Just shut up and let them accept it whenever they want. In fact, why are we all so worried about Amazon, while we have Overstock, wtf…
As per current situation it is quite impossible that Amazon would accept bitcoin. But the people are not worried about the fact . It's a rumour spread around and if somehow big companies like amazon accepts bitcoin that would be a big boost for bitcoin, that's why people are hoping and concerning about the fact.   


Title: Re: Can Amazon Integrate Bitcoin?
Post by: davinchi on November 20, 2017, 07:49:49 AM
It can, but will it, that's anybodies guess.. for now i'd say i doubt it, but in the near/mid term future possibly if they think they can profit by it.
I don’t really know, but I have heard lots of news about Amazon accepting bitcoin, and the last one was early October, people claimed they will accept Bitcoin mid October, but they didn’t. I think I have heard enough of that, it’s all being made up by some stupid enthusiasts. They won’t do anything that won’t favor their business, by the way, integrating Bitcoin won’t add or remove anything from their business. So if they prefer to use cash, we are okay with it.

And for those of you that are going crazy because of Amazon & Bitcoin, you better respect yourself, you’re grown-ups, there is nothing wrong with buying Amazon gift cards from bitcoin sites that offers such service, and if prefer to buy straight with bitcoin then go to Overstock.com, they’re all the same thing.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: azguard on November 22, 2017, 07:56:52 AM
The price of Amazon's stock market was quite high when it was gossip-paying with Bitcoin , and the price is now declining. No company can not ignore it. They may be afraid of BTC's legal features.

This is really har done to answer they are considering but this is something that it will be very hard to come, why one reason they can bu they wont like you mentioned amazon stocks went high when it was rumored to be accepting bitcoin, this is true they will integrate it only when stocks come to fall down in price.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: PizzaBTC on November 22, 2017, 01:30:39 PM
Yes they can, They have professional software engineer's that can handle the programming stuff's and it will be depending on the ceo if they will implement a bitcoin transaction in their website.
Yes, amazon has a great team of engineers and they can handle this type of stuff and also, they have understood the potential of bitcoin and the speed at which it is growing is also great. By looking at all this advantage amazon has taken interest in it and it will make it come true. the only problem now is the high transaction fee for the as people cannot  lose money.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: d1ceplayer on November 23, 2017, 01:02:56 PM
It can, but will it, that's anybodies guess.. for now i'd say i doubt it, but in the near/mid term future possibly if they think they can profit by it.
I don’t really know, but I have heard lots of news about Amazon accepting bitcoin, and the last one was early October, people claimed they will accept Bitcoin mid October, but they didn’t. I think I have heard enough of that, it’s all being made up by some stupid enthusiasts. They won’t do anything that won’t favor their business, by the way, integrating Bitcoin won’t add or remove anything from their business. So if they prefer to use cash, we are okay with it.

And for those of you that are going crazy because of Amazon & Bitcoin, you better respect yourself, you’re grown-ups, there is nothing wrong with buying Amazon gift cards from bitcoin sites that offers such service, and if prefer to buy straight with bitcoin then go to Overstock.com, they’re all the same thing.
Amazon has faced many problems in adding bitcoin as a payment methods and will also face problems like transaction fees and other things. But they have a large number of expert developers who will find a solution to it no need to worry. Amazon will surely add bitcoin as its payment method one day and this will boost the popularity and also the value of bitcoin in future.

I am waiting for this movement when it will start accepting. They will try to make the fees minimum for them as their transaction rate will be too high then.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: MakeMoneyBtc on November 25, 2017, 11:55:25 PM
It is to complicated for Amazon to add bitcoin in their system because bitcoin is not already fully functional as a payment method. If you want to buy a 5$ product you also pay another 5$ fee for the transaction that needs to be confirmed. So you pay double that the original price.

Amazon has to keep the bitcoin until the buyer receives the product he ordered because bitcoin transactions are irreversible. This could take from a few days to a few months. The amount of bitcoin the seller receives will not modify ,but the price in dollars will change for sure. I think this is the biggest problem Amazon confronts with because you got to create a special program for bitcoin payments to work


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Pixyoxx on December 16, 2017, 07:13:42 AM
Amazon here is a online shopping site wherein instant payment will be preferred. Bitcoins on the other hand takes a handful of 10 minutes to process a transaction and verify it. This can be the biggest hindrance in using btc as transaction platform.

No user, ir amazon itself would want, to wait for 10 minutes to get a payment done. Today there is instant payment over these sites where people buy things. Mere 10 minute can be a big difference and can cause hindrance in transactions.
If this speed of transaction is re tuned or fixed then certainly amazon would take up btc transactions because btc is getting quite popular and amazon can also utilise this fact to its advantage.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: gladydark on December 16, 2017, 07:34:24 AM
Amazon's embrace of bitcoin is a positive signal. But it's not that Amazon can integrate bitcoin, it should be bitcoin to force Amazon to start to integrate. I think most of the shopping sites are in a few years.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: ss890 on December 16, 2017, 07:51:08 AM
The buzz would be buzz for long because I barely doubt that Amazon will approach the bitcoin in anyway. The instability is getting spiked now a days and the rates are too high for the fees also. I mean to buy $5 worth of stuff we will have to pay $12 additional fees so that transaction can be made instantly. How do you think amazon would accept that slow stuff or mode of payment. This is where the visa companies come in place with 60,000 transaction per seconds capacity and bitcoin with only 10 transaction per seconds.

I think its not possible and amazon don't need bitcoin implication in anyway. They will see their own easiness not the complexity of working.  :P


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Hui8 on December 16, 2017, 09:43:35 AM

I think amazon and bitcoin is not having any thing in common. For the amazon to work properly it needs to be very fast and the customers it owns is general people who may or may not be knowing the bitcoin in first place. This way they might loose some customer base. Yes they can have the other payments system in place of sure but this also confuses people on choosing the transaction agents. This is about whether amazon will merge the bitcoin system or not. With current regulation on the bitcoin it might be difficult to manage in each and every other country. SO they might need to target the use of bitcoin payment mode to country specific. So you see many complications might just arrive during the journey of adding up the bitcoin payment processor.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: azguard on December 16, 2017, 10:54:07 AM
They sure can do it, but will they is another question for this matter. Think that they are not for the moment into this cuz price for the moment isnt good for them but its good for us. Dont think that Amazon will dismiss this idea but they will probably do this in next year or two and believe after them many others will follow then into doing this.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: lizardbtc on December 16, 2017, 11:01:06 AM
Amazon's embrace of bitcoin is a positive signal. But it's not that Amazon can integrate bitcoin, it should be bitcoin to force Amazon to start to integrate. I think most of the shopping sites are in a few years.

It is a positive signal for cryptocurrency and bitcoin in general because if this happens I think that many other people will start to recognize bitcoin and to use it. If they wanted to implement bitcoin they would have done it by now already. Thing is that if some BIG company/merchants accept cryptocurrency it can only do good for the cryptocurrency price. But they are doing well without bitcoin... since many people will buy with fiat currency and will pay with them rather than pay in bitcoin. I don't believe that they would skyrocket even more if they implemented bitcoin right now, it could help bitcoins price but it wouldn't help amaozon to breakthrough new barriers since crypto market is still small thing for giant players out there.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: SaShiRaJaVu on December 17, 2017, 11:01:06 PM
amazon is the famous online market from america it? does this topic about: whether bitcoin can be a transaction tool in amazon? is it like that?
because that I know, in amazon it transactions using paypal.
I did not understand what you are telling here,but do you use paypal to purchase goods from amazon  ::) i have not seen that option and i am using amazon for a long time and it is highly unlikely they will be accepting bitcoin anytime soon mainly because of its volatility .So do not expect these things to happen anytime soon.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: socks435 on December 17, 2017, 11:11:44 PM
amazon is the famous online market from america it? does this topic about: whether bitcoin can be a transaction tool in amazon? is it like that?
because that I know, in amazon it transactions using paypal.
I did not understand what you are telling here,but do you use paypal to purchase goods from amazon  ::) i have not seen that option and i am using amazon for a long time and it is highly unlikely they will be accepting bitcoin anytime soon mainly because of its volatility .So do not expect these things to happen anytime soon.
Yeah i think they don't accept bitcoin unless if bitcoin is stable in the future maybe they will accept it but for now i was waiting looks like they have no plan to accept bitcoin they seen the price is burst bubble and anytime soon the price could be increase more or drop a lot..

Why not use purse.io since this is a 3rd party of amazon that accept bitcoin as payment.. 

Unlike namecheap right now honestly they are accepting bitcoin as payment .. and i am happy that they are accepting because i can buy domain and hosting there with bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: HoaNguyen on December 17, 2017, 11:13:44 PM
If true as the topic is right, Amazon integrates payment with Bitcoin, this is a very good signal for the future of Bitcoin. Because once an e-commerce platform like Amazon integrates BTC, there will be many e-commerce platforms like eBay, Alibaba ... in the future will integrate BTC into a valid form of payment. And then Bitcoin will become the currency of the future, it will be accepted by the government as an official currency. I very much hope the next 20 years Bitcoin will be popular around the world.  ;D


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Bobsrepair on December 17, 2017, 11:32:18 PM
There are rumors that Ebay will start implementing bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: brampower on December 17, 2017, 11:39:46 PM
There are rumors that Ebay will start implementing bitcoin.
I am hearing rumors for a long time that the major e portals will be implementing bitcoin but till now there are no signs that they are no where near integrating bitcoin with their business model,if they accept it is well and good,but with the transaction charges higher than ever,who will be using it to purchase products from these sites. :P


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Aya1 on December 18, 2017, 02:00:48 AM
On October 31, Amazon listed three domains associated with cryptocurrency, which sparked speculation that Amazon would soon start receiving cryptocurrency as a method of payment. The intended domains are amazonethereum.com, amazoncryptocurrency.com, and amazoncryptocurrencies.com. Previously, Amazon already has a domain name amazonbitcoin.com. The news about Amazon's decision to buy 3 cryptocurrency-themed domains will certainly affect the cryptocurrency market in the future.

This is not the first time rumors that Amazon will accept the digital currency. A few weeks ago, there was news coming from Silicon Valley that reported that Amazon would soon be able to integrate Bitcoin as a payment option. Every step undertaken by Amazon, one of the most innovative and influential technology companies in the world, will always have enormous consequences or effects.
Instead news surfaced as "anti" from Amazon news that will soon receive payment in digital currency. In an interview, Amazon Pay vice president Patrick Gauthier stated that Amazon is not planning to accept cryptocurrency because there is little demand. Given the majority of online payments made via debit and credit cards, Gauthier's statement sounds reasonable and convincing.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: mindspin311 on December 18, 2017, 02:03:02 AM
Why any company would accept bitcoin in its current form is beyond me. The transaction fee is almost $20. There's a reason why steem dropped it. They really need to solve the huge transaction fee or integrate with a 3rd party wallet/payment system for it to be viable.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: automail on December 18, 2017, 04:12:15 AM
Purchasing items will be better if amazon does found a way to integrate bitcoin as a way of payment. They need to fix the transaction fee because if its too high then they will lose a lot of interested buyers. Most of the buyers online loves to find cheap deals. If the transaction fee is too high, customers will just pass on the deal and move on to a more cheaper deals. If those issues were fix, I can't see any reason why amazon won't use bitcoin as mode of payment. At the end of the day, both parties will earn money and its a WIN WIN situation.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: tailwate07 on December 20, 2017, 06:48:24 AM

I think amazon and bitcoin is not having any thing in common. For the amazon to work properly it needs to be very fast and the customers it owns is general people who may or may not be knowing the bitcoin in first place. This way they might loose some customer base. Yes they can have the other payments system in place of sure but this also confuses people on choosing the transaction agents. This is about whether amazon will merge the bitcoin system or not. With current regulation on the bitcoin it might be difficult to manage in each and every other country. SO they might need to target the use of bitcoin payment mode to country specific. So you see many complications might just arrive during the journey of adding up the bitcoin payment processor.
Bitcoin will give a lot to the amazon and all this is just happening in next year now bitcoin community has grown stronger and more denser and people also want to use bitcoin a payment and amazon did very well to recognize bitcoin and this act of amazon will take it to the leading seat of e-commerce and in following the amazon many other online are also interested in accepting bitcoin payment because they know fact that it will give max.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Vikingr on December 20, 2017, 11:50:36 PM

I think amazon and bitcoin is not having any thing in common. For the amazon to work properly it needs to be very fast and the customers it owns is general people who may or may not be knowing the bitcoin in first place. This way they might loose some customer base. Yes they can have the other payments system in place of sure but this also confuses people on choosing the transaction agents. This is about whether amazon will merge the bitcoin system or not. With current regulation on the bitcoin it might be difficult to manage in each and every other country. SO they might need to target the use of bitcoin payment mode to country specific. So you see many complications might just arrive during the journey of adding up the bitcoin payment processor.
Bitcoin will give a lot to the amazon and all this is just happening in next year now bitcoin community has grown stronger and more denser and people also want to use bitcoin a payment and amazon did very well to recognize bitcoin and this act of amazon will take it to the leading seat of e-commerce and in following the amazon many other online are also interested in accepting bitcoin payment because they know fact that it will give max.
I think all the online stores must recognize the bitcoin and some of the other crypto currencies as soon as possible because it will also maximize the profits which they are already having. Another advantage of the bitcoin recognition will be that amazon or ebay will hold certain amount of bitcoins which will give them a lot of profit and also to many others who are earning from the bitcoins. The companies jumping in will increase the confidence of the people and so will be the demand.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: shaun98 on January 13, 2018, 03:34:58 AM
I'm sure they will be able to integrate Bitcoin into their payment system, but I don't think they will. This is due to the fact that Bitcoin transaction fees are really high now. I think they would opt for something like Litecoin or something cheaper.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Crytptomeniac on April 18, 2018, 06:08:03 PM
They can integrate bitcoin in their payment methods if they wish, it will not be very hard for a company as big as amazon to find a way to use bitcoin to their favor but I think they will be more inclined to make a coin of their own and pass it on to their customers to use.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Naman1111 on April 18, 2018, 06:15:21 PM
Yes they can but the answer is will they. What prevents Amazon to launch their own crypto and use it as medium of exchange. They do not really have the incentive to integrate BTC. Look at what openbazzar doing, first they introduce BTC and other altcoins as a medum of payment but eventually they are planning to launch their own ICO. Amazon surely will implement blockchain and other stuff but highly unlikely to integrate btc into its platform


Title: Re: Can Amazon Integrate Bitcoin?
Post by: The Alchemlst on April 18, 2018, 06:28:05 PM
Of course it can be implemented and there is a rumor going on its done. Its about time some online takes notice of the precious block-chain Tech King

True, it has a good chance of being integrated since amazon is an on-line market that caters users across the globe so I think if bitcoin or other cryptocurrency becomes more popular and acceptable then it would only be normal for these online markets to adapt to these kind of changes.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: piratcoin on April 23, 2018, 03:08:27 AM
I think amazon and any other major company integrating bitcoin as a payment method won't be too hard in the future, they will have such a way that on purchase the bitcoin is instantly sold off in to the currency needed (USD for example) so that it is almost a seamless transaction for everyone. Accepting bitcoin as part of payment for their services will help them alot in even making more profit


Title: Re: Can Amazon Integrate Bitcoin?
Post by: delltop on April 29, 2018, 10:03:09 AM
In small online stores you can already pay with bitcoin and other crypto currency. It is high time for the giants to accept them. If this happens, the price of bitcoin should go up to $ 50,000.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: brotherwood12 on April 30, 2018, 03:43:46 PM
its possible , and i think it wil make amazon increasingly in interest , because some people feel lazy to change their Btc into fiat to buy smething


Title: Re: Can Amazon Integrate Bitcoin?
Post by: fulmetal08larz on April 30, 2018, 04:52:50 PM
Amazon and other big corporations will definitely adapt crypto currencies and integrate it as one of the options of their payment system. Adaption could be the trigger for the market cap of crypto currencies to reach beyond a trillion dollars. If you have been reading the news, some corporations and governments have started to consider crypto currencies.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Nucular on April 30, 2018, 05:00:20 PM
A few weeks ago I read something about Amazon developing a AI algorithm that is beyond anything available now in linking Bitcoin addresses, tracing them to users. Including address and such. And they will provide this service to the IRS. So I don't think many Bitcoin users will be for that invasion of privacy.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: lastnumber on May 04, 2018, 03:07:01 PM
It is entirely reasonable that Amazon integrates Bitcoin into payment for trading activities through this huge trading site. The use of Bitcoin is fast and secure for both buyers and sellers. As a big man of e-commerce, surely, integrating Bitcoin into Amazon's commercial activity is a matter of time. Perhaps, Amazon is waiting for positive moves from the governments of some countries. Just take the positive moves of governments, everything will be passed. Amazon will officially accept liquidity by Bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: KennyR on May 04, 2018, 09:49:12 PM
Why not? amazon is an online shop that caters also online payment, it is so possible that amazon may integrate bitcoin as a payment. As i heard other online business also accepting bitcoin as a payment and that is a great idea that amazon may also accept bitcoin for customer's payment.

Amazon has got the best team to make themselves advanced and move forward with the addition of new payment solution. Already there are traders around the globe accepting bitcoin as payment offering services through Amazon and eBay. The corporate entry will lead to drastic growth, same time they'll try to over rule the community and tries to earn the most out of it.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Mazand on May 04, 2018, 10:10:03 PM
I don't think they will. More probable that they will create own cryptocurrency. And it will be one of the most expected ICO. If it will be ICO.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Lounadolcy on May 05, 2018, 10:48:41 PM
If you use the BitPay wallet then you can already purchase an Amazon gift card by pressing the button present on your wallet GUI. This card is added directly to your Amazon account and  8) 8) you’re making Amazon purchases with Bitcoin…


Title: Re: Can Amazon Integrate Bitcoin?
Post by: mimienamphine on May 05, 2018, 10:59:34 PM
Amazon will move to the next level in online trading if they integrate cryptocurrency into their payment system.This is because more people around the world will like to own their token so that they can easily purchase goods and enjoy discounts.They will need to build a strong system though so that fraudsters will not take advantage of people to steal their money and buy goods from amazon.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Falmera on May 06, 2018, 02:48:33 AM



Quote

Amazon is the largest e-commerce marketplace globally, and within a span of few years, it has quadrupled its market cap to $532 billion. It processes an unprecedented amount of orders and hence, the integration of payment technology or digital currency would require a prudent testing process and cautious implementation.

At this point, the demand for bitcoin is evidently increasing at an exponential rate, as the price of bitcoin recently surpassed the $7,000 mark for the first time in history. But, the scalability issues of bitcoin cannot be dismissed, since the size of the bitcoin mempool has increased back up to 50 million and the block size has remained above 1.04 MB in the past few days.

Currently, some of the most widely utilized bitcoin wallet platforms such as Blockchain and Coinbase are recommending transaction fees above $1. With SegWit-enabled wallets, the fees would likely be below $0.7, since as hardware wallet manufacturer Ledger stated, SegWit provides at least 35 percent reduction in transaction fees.

But, Amazon cannot expect general consumers or beginner bitcoin users to use SegWit-enabled wallet and enjoy lower fees, and in the short-term, the company may receive complaints in regards to high fees.


Read more here...
 (http://www.newsbtc.com/2017/11/02/52112/?utm_content=bufferb9be4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer)

The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know.





As the innovation is made possible by the use of advance technology, I think it is possible. They maybe are studying it deeply before they will integrate it with bitcoin. Or is obseving the movement of the crypto currency around the world.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: sirmitchel on May 06, 2018, 03:02:50 AM
I believe it is highly possible, we may see Bitcoins on almost all paying sites and
transaction options in the near future. Bitcoin is perfect to such a challenge, I
think it's even highly qualified to be so. Amazon, Zappos, Ebay and other well
known shop sites must integrate and innovate to keep up and get into the future
of online transactions. Bitcoin is the best solution for this. Let's just wait and see.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: lingwistiko on May 06, 2018, 05:39:14 AM
If Amazon can integrate bitcoin and other cryptocurrencies for their online goods and services, then that will be a very good feature their company could have for the betterment of their business most especially for their clienteles.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Sir Paijoe on May 06, 2018, 05:45:59 AM



Quote

Amazon is the largest e-commerce marketplace globally, and within a span of few years, it has quadrupled its market cap to $532 billion. It processes an unprecedented amount of orders and hence, the integration of payment technology or digital currency would require a prudent testing process and cautious implementation.

At this point, the demand for bitcoin is evidently increasing at an exponential rate, as the price of bitcoin recently surpassed the $7,000 mark for the first time in history. But, the scalability issues of bitcoin cannot be dismissed, since the size of the bitcoin mempool has increased back up to 50 million and the block size has remained above 1.04 MB in the past few days.

Currently, some of the most widely utilized bitcoin wallet platforms such as Blockchain and Coinbase are recommending transaction fees above $1. With SegWit-enabled wallets, the fees would likely be below $0.7, since as hardware wallet manufacturer Ledger stated, SegWit provides at least 35 percent reduction in transaction fees.

But, Amazon cannot expect general consumers or beginner bitcoin users to use SegWit-enabled wallet and enjoy lower fees, and in the short-term, the company may receive complaints in regards to high fees.


Read more here...
 (http://www.newsbtc.com/2017/11/02/52112/?utm_content=bufferb9be4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer)

The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know.





As the innovation is made possible by the use of advance technology, I think it is possible. They maybe are studying it deeply before they will integrate it with bitcoin. Or is obseving the movement of the crypto currency around the world.
Of course they are very careful to implement blockchain technology, this is to make them no more errors when, I'm sure that Amazon has done an analysis to apply and accept bitcoin and it happens soon.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: casternetwork on May 06, 2018, 05:49:01 AM
I hope that Amazon will approach and accept Bitcoin in the future. Amazon is the largest corporation in the world, if Amazon accepts Bitcoin, I believe other corporations will also accept Bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: cheeseandcrackers on May 06, 2018, 05:55:54 AM
They're way more likely to create their own token when crypto becomes more widely accepted.  Either way, there's nothing stopping them from accepting bitcoin now, they probably don't want to deal with the hassle when it'll be such a small percentage of customers though.  There is the problem with constantly fluctuating value as well, so they'd have to come up with a way to sell directly for values of bitcoin, not amounts of other fiat currency.  That will probably stop a lot of people from using it in the beginning as well, just the confusion of how much things cost.  I think it's coming though, there's no stopping the crypto train.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: MendozaCharles on May 06, 2018, 08:23:25 AM
I think that Amazon will have to intervene in electronic money as well as make Bitcoin a payment currency, but through the forums, it is clear that Bitcoin is a high risk for investors. Be careful in dealing with virtual currencies.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: YED on May 06, 2018, 05:05:06 PM
no i don't think that's possible now..  even if Amazon had planned to integrate bitcoin in the past few months, the integration process could take years of research development, and testing, given the difference in the magnitude of the Amazon ecommerce platform in contrast to its rivals.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: baundul on May 06, 2018, 05:19:13 PM
Next Level for Cryptocurrencies: When Will Amazon Accept Bitcoin Payments?
Experts agree that the future of cryptocurrencies will critically depend on whether they are accepted as a regular payment from leading online retailers. The signs for that are not bad.

Quote
https://www.ccn.com/next-level-cryptocurrencies-will-amazon-accept-bitcoin-payments/


Title: Re: Can Amazon Integrate Bitcoin?
Post by: mrbamboo on May 22, 2018, 09:13:34 AM
I think Amazon can integrate. Because using Bitcoin as a trading currency will have the added advantage of being fast and secure. This will benefit both the shopper and the seller as Amazon. Amazon's policy is very interested in satisfying customers. So choosing Bitcoin as a currency to better serve the needs of consumers is a matter for Amazon. I believe this will come true.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: mrbamboo on May 22, 2018, 09:17:57 AM
no i don't think that's possible now..  even if Amazon had planned to integrate bitcoin in the past few months, the integration process could take years of research development, and testing, given the difference in the magnitude of the Amazon ecommerce platform in contrast to its rivals.
Right. The decision to use a digital currency to purchase goods is a big deal for the home business. Because they are just a business, not an investor. With the use of dollars as a trading currency, they can easily control the profitability of their jobs. But Bitcoin is different. The value of Bitcoin is unstable, and this is a difficult one for business people like Amazon. But that is the problem now, in the future everything will be different. Amazon will consider appropriate measures to make Bitcoin a trading currency for Amazon.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: victorski on May 22, 2018, 09:23:57 AM
Why not?) I will be pleased if I could buy from my favorite store with bitcoin and they will beat their all business enemies by doing that


Title: Re: Can Amazon Integrate Bitcoin?
Post by: kumala_abi on May 22, 2018, 09:37:21 AM
I hope that Amazon will approach and accept Bitcoin in the future. Amazon is the largest corporation in the world, if Amazon accepts Bitcoin, I believe other corporations will also accept Bitcoin.

that will make great effect to cryptocurrency market.main effect is bitcoin price will rise sharply and followed by altcoin maybe.new investor and new institution that accept bitcoin going bigger.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: trako on May 22, 2018, 12:36:55 PM
Because BitCoin is a very flexible and volatile market, Amazon may not prefer this. constant updating is required.
this can create opportunities for the buyer and the seller, but it can also be caused by the damage.
I do not think they will prefer it.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: localcrypto on May 22, 2018, 01:35:24 PM
amazon is going to use blockchain for logistics and so Amazon may develop their own crypto currency in near future rather than accepting eth and btc


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Boov on May 22, 2018, 01:45:28 PM
It is a risk for a company to use bitcoin as a medium of payment, why? It is no secret that bitcoin can go up and down , just like within 2 years from 500 dollars to more than 10 thousands  dollars and dropping from more than 10 thousand  dollars to less than 10 thousand dollars. As a financial student it will be hard for a company to input its financial record because of the changes of bitcoin from time to time so I think amazon will not use bitcoin as their payment.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: MiXxe on May 22, 2018, 02:03:39 PM
Amazon is a very big company. It makes millions for many people. But for amazon to integrate with bitcoin? I doubt. Well I think, they are interested to trading bitcoin but the to accept it as a payment for the Amazon users? I don't think it will be strategic for them. Or should I say it will be risky for them. The thing is that, when bitcoin price is high, that means very high profit for Amazon, but as a company, they cannot totally rely to a volatile payment so when price goes down, Amazon will absolutely go down as well.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: peter0425 on May 22, 2018, 02:10:17 PM
How about using payment processor like Bitpay? It's a secure bitcoin payment that they can implemented and as user, its will also be beneficial on our end so its a win-win situation, most merchants are using Bitplay so somewhat mitigate the volatility of cryptocurrency. I do hope that Amazon is still open on accepting bitcoin as payment because we all know that they are the no. 1 online retailer will and accepting bitcoin as payment will be a good decision on their end because bitcoin is slowly growing and its still in its infancy and soon gonna explode an if they got in early, they might as well take a huge slice in the pie. Just saying.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Abu Shadow on May 22, 2018, 02:12:37 PM
I think Amazon will make their own platform and create a crypto marketplace which is ideal for their requirements rather than accept bitcoin as a medium of payments. Amazon is a multi-million company and if they want to launch an ICO this could be a sold-out right away considering that they have a well establish company.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: wvizmanos on May 24, 2018, 01:15:33 PM
News just came in that Amazon will choose the adoption of ripple over bicoin. Details are elaborated in the news link below:

https://news4c.com/amazon-to-choose-the-adoption-of-ripple-over-bitcoin-by-the-end-of-the-year-pertinent-reasons/


Title: Re: Can Amazon Integrate Bitcoin?
Post by: kloinko1n on May 24, 2018, 01:24:18 PM
Why not? amazon is an on-line browse that victual extremely on-line expenditure, it is so likely that amazon hawthorn combine bitcoin as a payment way.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Alpinat on May 24, 2018, 01:26:34 PM
I've just read an article about the amazon and the bitcoin thing and I see that they once accepted bitcoin as mode of payment in the website and company Amazon but it didn't work I mean it didn't last long there are times that users are having such a delay because of it. So they stop it temporarily I can't say when will they open it again.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: FiveReels on May 24, 2018, 01:33:59 PM
If they wanted to, why not? If there's a will. There's a way, People now a days are very curious about crypto's because millions of people experienced the bounty effect of using digital currency, This things makes transaction convenient and efficient to use. Bitcoin is amazing:)


Title: Re: Can Amazon Integrate Bitcoin?
Post by: inesterdd on May 24, 2018, 01:42:08 PM
News just came in that Amazon will the adoption of ripple over bicoin. Details are elaborated in the news link below:

https://news4c.com/amazon-to-choose-the-adoption-of-ripple-over-bitcoin-by-the-end-of-the-year-pertinent-reasons/
Probably the most unstable coin from the top 10 is Ripple. The source does not inspire confidence in me!
It's unlikely Amazon will do it ...


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Arkyo on May 24, 2018, 02:17:45 PM
One can only imagine how high the price of bitcoin will rise with such integration. But for this scenario, there should be absolutely transparent cryptocurrency legislation, and in several leading countries.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: ufalo3 on May 28, 2018, 04:38:37 PM
If true as the topic is right, Amazon integrates payment with Bitcoin, this is a very good signal for the future of Bitcoin. Because once an e-commerce platform like Amazon integrates BTC, there will be many e-commerce platforms like eBay, Alibaba ... in the future will integrate BTC into a valid form of payment. And then Bitcoin will become the currency of the future, it will be accepted by the government as an official currency. I very much hope the next 20 years Bitcoin will be popular around the world.  ;D

They have taken the wisest decision. Now they will have more sellers and buyers that are eager to deal exactly with Bitcoins. I might also sell something there to get BTC.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: papa-tata on May 28, 2018, 04:53:18 PM
I think not just bitcoin. amazon one of the world's largest ecommerce. he could have made his own currency in his market. if using crypto as its payment currency I do not think it will use btc as its main currency but its own amazon development currency, with their own currency they can easily monopolize the buying and selling market therein.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: InvestICO2L on June 01, 2018, 09:55:51 AM
I hope that Amazon will approach and accept Bitcoin in the future. Amazon is the largest corporation in the world, if Amazon accepts Bitcoin, I believe other corporations will also accept Bitcoin.

that will make great effect to cryptocurrency market.main effect is bitcoin price will rise sharply and followed by altcoin maybe.new investor and new institution that accept bitcoin going bigger.
Probably if Amazon accepts bitcoin, this can bring big benefit bot bitcoin and amazon. We all know that Amazon is one of the most web which is used worldwidely, indeed the demand for using this web for goods and service is quite high. If amazon integrates bitcoin, maybe they will have a big chance to develop. Besides, people can use bitcoin easily, also it paves a good way for another cryptocurrencies to be accepted to use in such a big service web.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: jackky on June 01, 2018, 10:10:19 AM
For the moment I don't think they are interested to implement bitcoin as payment.

Probably in the future they will accept bitcoin as a payment type on amazon. Most of the big corporations in the world are approaching and receiving bitcoin. Maybe in a few years amazon will also accept electronic money


Title: Re: Can Amazon Integrate Bitcoin?
Post by: soname12 on June 01, 2018, 10:27:06 AM
If Amazon wants to they will.  I do see the accepting BTC, but not until late 2018.
I do not think amazon will accept bitcoin in 2018. It may be 3 or 5 years before Amazon can accept bitcoin. amazon is a big corporation. If bitcoin is not good for amazon, then Amazon will never accept bitcoin


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Dudeperfect on June 01, 2018, 05:27:22 PM
I don't think that Amazon or any other giant player will allow Bitcoin or any other cryptocurrency for that matter because as we all know the crypto market is highly volatile and even 1% fall in the market price might result in loss of million dollars so at this stage these giants will wait and watch until the positive signals from the government and market stability.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: bristlefront on June 01, 2018, 06:14:28 PM



Quote

Amazon is the largest e-commerce marketplace globally, and within a span of few years, it has quadrupled its market cap to $532 billion. It processes an unprecedented amount of orders and hence, the integration of payment technology or digital currency would require a prudent testing process and cautious implementation.

At this point, the demand for bitcoin is evidently increasing at an exponential rate, as the price of bitcoin recently surpassed the $7,000 mark for the first time in history. But, the scalability issues of bitcoin cannot be dismissed, since the size of the bitcoin mempool has increased back up to 50 million and the block size has remained above 1.04 MB in the past few days.

Currently, some of the most widely utilized bitcoin wallet platforms such as Blockchain and Coinbase are recommending transaction fees above $1. With SegWit-enabled wallets, the fees would likely be below $0.7, since as hardware wallet manufacturer Ledger stated, SegWit provides at least 35 percent reduction in transaction fees.

But, Amazon cannot expect general consumers or beginner bitcoin users to use SegWit-enabled wallet and enjoy lower fees, and in the short-term, the company may receive complaints in regards to high fees.


Read more here...
 (http://www.newsbtc.com/2017/11/02/52112/?utm_content=bufferb9be4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer)

The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know.






It could since amazon is the greatest e-commerce up to date. If the digital currency bitcoin will merged to a digital marketplace it would be a great combo if bitcoin will be the means of payment on amazon it would surely revolutionize the digital market with the use of a digital currency and it could also be implemented on other market stuffs that will spread worldwide and making the bitcoin as a global currency.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: roflmao129 on June 01, 2018, 06:23:29 PM
It is hard to know. Amazon has the force to create their own cryptocurrency. I do not think they will depend on any cryptocurrency. They will make their own cryptocurrency.  Moreover, bitcoin is slow, which can not compare with the amazon system. They have to make a lot of transaction and delivery in a day. They need a better blockchain which can support them with the business


Title: Re: Can Amazon Integrate Bitcoin?
Post by: faithupgrade on June 01, 2018, 06:24:24 PM
Yes according to the news, it is confirmed Amazon is planning to add crypto currency in their payment processing. Its either they will add Bitcoin or Amazon will create its own crypto. Or more possible Amazon will use both Bitcoin and their crypto coin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Poorman80 on June 01, 2018, 06:48:08 PM
They have a huge market, if bitcoin will be used with amazon then the possibility of bitcoin prices going up will be high. I think this could be a great idea for all. It takes one big company to revolutionize and change everything we know about bitcoin. Hoping so.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: lastnumber on June 04, 2018, 02:27:19 AM
Previously, I thought Amazon could integrate Bitcoin. But now I do not think so. I'm sure Amazon's Bitcoin integration will not happen in the next few years. The Amazon Group is a consortium of corporations, not speculators. Using Bitcoin in liquidity is a risky business for a corporation like Amazon. Amazon's CEO is not in a hurry to decide to integrate Bitcoin in the near future, until Bitcoin is legal worldwide and stable.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: lastnumber on June 04, 2018, 02:30:42 AM
Yes according to the news, it is confirmed Amazon is planning to add crypto currency in their payment processing. Its either they will add Bitcoin or Amazon will create its own crypto. Or more possible Amazon will use both Bitcoin and their crypto coin.
I think that if you use an electronic currency on the market, the Amazon Group will not be as savvy with Bitcoin. But if that is the electronic money they make based on Blockchain technology, this is a viable option. Amazon is a business conglomerate, they put profit on top. Using electronic money in payment operations is a risk. But if it is their electronic money then they will probably take risks but bring high economic value.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: bangkit tri on June 04, 2018, 03:03:43 AM
Yes according to the news, it is confirmed Amazon is planning to add crypto currency in their payment processing. Its either they will add Bitcoin or Amazon will create its own crypto. Or more possible Amazon will use both Bitcoin and their crypto coin.
I think that if you use an electronic currency on the market, the Amazon Group will not be as savvy with Bitcoin. But if that is the electronic money they make based on Blockchain technology, this is a viable option. Amazon is a business conglomerate, they put profit on top. Using electronic money in payment operations is a risk. But if it is their electronic money then they will probably take risks but bring high economic value.
i think if amazon can make their own and based on bitcoin, this will accelerate its development as it is ready to face the cryptocurrency market in the future, where will be a lot of crypto users for transaction


Title: Re: Can Amazon Integrate Bitcoin?
Post by: doni ali on June 04, 2018, 03:52:09 AM
 CAN ALL THAT COULD HAVE SUPPORTED HOW WE WERE ALLOWING IT ALL


Title: Re: Can Amazon Integrate Bitcoin?
Post by: OriginTrain on June 04, 2018, 05:33:10 AM
Rather than jump up and down about every company that accepts bitcoin, how about we focus on addressing the reasons that big companies are abandoning bitcoin?


Title: Re: Can Amazon Integrate Bitcoin?
Post by: no0dlepunk on June 04, 2018, 06:43:27 AM
That totally depends on the end users; I bet once bitcoin has been used by the majority, Amazon will surely accept it as payment.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: oxygenatom on June 04, 2018, 07:07:23 AM
i dont think amaZon WILL integrate bitcoin anytime soon ..


If they really want to make money, they can anytime start their own currency, so why will they integrate bitcoin ? until bitcoin becomes a de-facto standard.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Layers318 on June 04, 2018, 07:34:56 AM
For a big company like Amazon to adopt Bitcoin as a medium of exchange is a great achievement in the Blockchain industry. After a success installation of this plan, i believe several big companies will follow the trend and take Bitcoin and all other cryptocurrencies to another level of patronage.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: spongegar on June 04, 2018, 07:39:40 AM
If amazon really is serious about adopting BTC to exchange for goods and services then it will be a good news for all of us. This means that people willl be buying more coins and buying.mpre coins lessens the market supply this increasing the price. Also, if it is successful in Amazon's end then it will not take long for other companies to do the same.i just hope it will be successful


Title: Re: Can Amazon Integrate Bitcoin?
Post by: iged_war on June 04, 2018, 07:52:09 AM
If amazon really is serious about adopting BTC to exchange for goods and services then it will be a good news for all of us. This means that people willl be buying more coins and buying.mpre coins lessens the market supply this increasing the price. Also, if it is successful in Amazon's end then it will not take long for other companies to do the same.i just hope it will be successful
i think it can not happen soon.they need time to adopting bitcoin in their payment system.not easy to be accepted in amazon.there will alot of consideration about advantages and disadvantages accepting bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Carmenraggi on June 11, 2018, 08:18:45 PM
I think that also amazon will accept the Bitcoins, we need only a little patience, because more people will know these coins and more companies will have to accept them


Title: Re: Can Amazon Integrate Bitcoin?
Post by: shield132 on June 11, 2018, 08:28:22 PM
Previously, I thought Amazon could integrate Bitcoin. But now I do not think so. I'm sure Amazon's Bitcoin integration will not happen in the next few years. The Amazon Group is a consortium of corporations, not speculators. Using Bitcoin in liquidity is a risky business for a corporation like Amazon. Amazon's CEO is not in a hurry to decide to integrate Bitcoin in the near future, until Bitcoin is legal worldwide and stable.
Oh no, amazon, company which has great developers can't integrate bitcoin... Can't is wrong word here, amazon simple doesn't integrate bitcoin.They have their own Amazon Payment and try their best to make it popular. The only eay I can imagine they integrate bitcoin is like Bitpay, load amazon pay's balancr with bitcoin and have bitcoin-amazon debit card.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Ailmand on June 11, 2018, 09:30:20 PM



Quote

Amazon is the largest e-commerce marketplace globally, and within a span of few years, it has quadrupled its market cap to $532 billion. It processes an unprecedented amount of orders and hence, the integration of payment technology or digital currency would require a prudent testing process and cautious implementation.

At this point, the demand for bitcoin is evidently increasing at an exponential rate, as the price of bitcoin recently surpassed the $7,000 mark for the first time in history. But, the scalability issues of bitcoin cannot be dismissed, since the size of the bitcoin mempool has increased back up to 50 million and the block size has remained above 1.04 MB in the past few days.

Currently, some of the most widely utilized bitcoin wallet platforms such as Blockchain and Coinbase are recommending transaction fees above $1. With SegWit-enabled wallets, the fees would likely be below $0.7, since as hardware wallet manufacturer Ledger stated, SegWit provides at least 35 percent reduction in transaction fees.

But, Amazon cannot expect general consumers or beginner bitcoin users to use SegWit-enabled wallet and enjoy lower fees, and in the short-term, the company may receive complaints in regards to high fees.


Read more here...
 (http://www.newsbtc.com/2017/11/02/52112/?utm_content=bufferb9be4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer)

The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know.






If the news holds water, then I would say that it is good news. It's never bad actually when a big and established company recognizes a new and up-coming asset like cryptocurrencies; this is actually what most of us and true cryptocurrency believers and supporters are waiting for. That more and more popular and established business entities would soon favor and adopt the use of cryptocurrencies in their businesses because it somehow legitimizes cryptocurrency, and in a way, purges the negative notions that big businesses don't want to deal with it.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: mrs_bitcoin on June 11, 2018, 10:22:24 PM
Yes, of course, and why not? Bitcoin gives great prospects for the development of Amazon and I think they will integrate it soon.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: automaticmoney on June 11, 2018, 10:55:29 PM
the recent buzz in the market amazon may integrate bitcoin for payments in my personal view amazon wont accept bitcoin now and in the coming future they develop their own bitcoin


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Ibrahim 2020 on June 11, 2018, 10:56:49 PM
 They already invested huge money to drones and they were going to take part in Saudi Arabia desert megacity cunstruction. I think that in a couple years that will seem strange if they won't be accepting cryptocurrencies while performing such policy. But we shouldn't underestimate the power of US esablishement and central banks, they can always make some troubles.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: aeternus on June 12, 2018, 02:36:29 AM
It is a risk for a company to use bitcoin as a medium of payment, why? It is no secret that bitcoin can go up and down , just like within 2 years from 500 dollars to more than 10 thousands  dollars and dropping from more than 10 thousand  dollars to less than 10 thousand dollars. As a financial student it will be hard for a company to input its financial record because of the changes of bitcoin from time to time so I think amazon will not use bitcoin as their payment.
I really do not think that is an issue, there are many payments systems that allows you to be paid in bitcoin and then convert that money immediately so the variation in the price should be minimal, I think the real reason amazon does not want to accept bitcoin right now is simply the amount of scams that could happen and amazon does not want to deal with that at the moment.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: RDNX on June 12, 2018, 04:01:42 AM
Currently, the Bitcoin price is very volatile.
So, I don't think so that Bitcoin will be integrated go Amazon as a payment method.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: InKiTy38 on June 12, 2018, 04:41:30 AM
I read the news that "Amazon could start accepting Bitcoin as a payment method." The rumors came from a recent report on squawker.org, some of which showed that the company You have a financial problem to do so, but so far no formal announcement. " What will the answer be around this rumor?


Title: Re: Can Amazon Integrate Bitcoin?
Post by: boyz97 on June 12, 2018, 05:19:09 AM
Currently, the Bitcoin price is very volatile.
So, I don't think so that Bitcoin will be integrated go Amazon as a payment method.
this price volatility can be reason amazon to reject bitcoin as payment methode.it will very complicated for them whil they want to convert bitcoin to fiat for their seller,


Title: Re: Can Amazon Integrate Bitcoin?
Post by: MCVXYZ on June 12, 2018, 11:38:21 AM
Their priorities are to be oriented on people,If giant companies integrate bitcoin I think they will do more than this to compete others.Just look the way of their success, they are always number one by developing technological nuances.Just let's take Artificial Intelligence, amazon managers are trying to invent something cool to stay number one on the market,which is very hard because its not regional competition its global and there is impossible to ,,stay alive'' without development.So after this I think you will answer this question by yourself,If it wasn't true it'd be no leader company in the world.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: katiecbell on June 13, 2018, 12:30:40 PM
[im g]https://pbs.twimg.com/media/DNouunbW4AEomJh.jpg[/img]



Quote

Amazon is the largest e-commerce marketplace globally, and within a span of few years, it has quadrupled its market cap to $532 billion. It processes an unprecedented amount of orders and hence, the integration of payment technology or digital currency would require a prudent testing process and cautious implementation.

At this point, the demand for bitcoin is evidently increasing at an exponential rate, as the price of bitcoin recently surpassed the $7,000 mark for the first time in history. But, the scalability issues of bitcoin cannot be dismissed, since the size of the bitcoin mempool has increased back up to 50 million and the block size has remained above 1.04 MB in the past few days.

Currently, some of the most widely utilized bitcoin wallet platforms such as Blockchain and Coinbase are recommending transaction fees above $1. With SegWit-enabled wallets, the fees would likely be below $0.7, since as hardware wallet manufacturer Ledger stated, SegWit provides at least 35 percent reduction in transaction fees.

But, Amazon cannot expect general consumers or beginner bitcoin users to use SegWit-enabled wallet and enjoy lower fees, and in the short-term, the company may receive complaints in regards to high fees.


Read more here...
 (http://www.newsbtc.com/2017/11/02/52112/?utm_content=bufferb9be4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer)

The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know.






If the news holds water, then I would say that it is good news. It's never bad actually when a big and established company recognizes a new and up-coming asset like cryptocurrencies; this is actually what most of us and true cryptocurrency believers and supporters are waiting for. That more and more popular and established business entities would soon favor and adopt the use of cryptocurrencies in their businesses because it somehow legitimizes cryptocurrency, and in a way, purges the negative notions that big businesses don't want to deal with it.
These big setups have to take a look over this. I think if amazon integrates bitcoin for some reason, it would be helpful for everyone out there. Plus, that would be adding an immense fame and popularity to the bitcoins and it would be enhanced.

The lives of people would become easy then and they don’t have to even think of any sort of transaction and its complexities. Ease would be pervaded.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: ghost424 on June 13, 2018, 12:36:47 PM
Well, there are already a lot of e-commerce but we can say that Amazon is one of the best there is and i guess they are already using it(???) or just waiting for future developments on their website. If Amazon is integrated into a Blockchain Technology that would be even better but only Integrating Bitcoin that can ease their mode of payment, then i guess it would get better but they might place regulations on the Prices or values that will be placed Online.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: stayeduptolate on June 22, 2018, 12:45:13 PM



Quote

Amazon is the largest e-commerce marketplace globally, and within a span of few years, it has quadrupled its market cap to $532 billion. It processes an unprecedented amount of orders and hence, the integration of payment technology or digital currency would require a prudent testing process and cautious implementation.

At this point, the demand for bitcoin is evidently increasing at an exponential rate, as the price of bitcoin recently surpassed the $7,000 mark for the first time in history. But, the scalability issues of bitcoin cannot be dismissed, since the size of the bitcoin mempool has increased back up to 50 million and the block size has remained above 1.04 MB in the past few days.

Currently, some of the most widely utilized bitcoin wallet platforms such as Blockchain and Coinbase are recommending transaction fees above $1. With SegWit-enabled wallets, the fees would likely be below $0.7, since as hardware wallet manufacturer Ledger stated, SegWit provides at least 35 percent reduction in transaction fees.

But, Amazon cannot expect general consumers or beginner bitcoin users to use SegWit-enabled wallet and enjoy lower fees, and in the short-term, the company may receive complaints in regards to high fees.


Read more here...
 (http://www.newsbtc.com/2017/11/02/52112/?utm_content=bufferb9be4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer)

The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know.





This will be very good news if it is true this will be very great achievement for both bitcoin and the amazon. Among is largest online selling company which has millions of customers and providing satisfactory facilities to millions of people and if it starts accepting bitcoin then it will be very much beneficial for bitcoin also because the people who don’t know about the bitcoin can come to know about the bitcoin and thus bitcoin will also be popularised by this.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: YesJP on June 22, 2018, 01:05:09 PM
Not yet, maybe in the future when bitcoin whould become more scalable, but I think that Amazon would partner with another crypto before they start using Bitcoin


Title: Re: Can Amazon Integrate Bitcoin?
Post by: mitchr4 on June 22, 2018, 01:20:16 PM
It's a good thing if they accept bitcoin as an additional payment method like credit card or paypal usage. Besides amazon, other famous e-commerce companies no one is receiving bitcoin i do not know they can not accept it yet. I could say that bitcoin is a very effective and efficient that used as payment.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Sowik on June 22, 2018, 01:37:18 PM
Not yet, maybe in the future when bitcoin whould become more scalable, but I think that Amazon would partner with another crypto before they start using Bitcoin

I doubt that. If they are to accept crypto currency as payment it may not be only Bitcoin, for example ETH as well and so on but I doubt they will partner with another crypto.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: MCVXYZ on June 22, 2018, 01:41:11 PM
Not yet, maybe in the future when bitcoin whould become more scalable, but I think that Amazon would partner with another crypto before they start using Bitcoin

I doubt that. If they are to accept crypto currency as payment it may not be only Bitcoin, for example ETH as well and so on but I doubt they will partner with another crypto.

Of course it would be better for them to use more cryptos as a payment method because of just competition,We all know that amazon is one of the greatest company in global economy,therefore they need to follow contemporaneity,I think it means that they will use bitcoin or even bitcoin cash for their payment method,Which also be a very good example for another companies like ebay,etc.So processes like that is very good for growing popularity and truth.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: localcrypto on June 22, 2018, 03:13:23 PM
amazon won't integrate bitcoin in near future the reason Amazon will develop their own coin and use as cryptocurrency coin that might be the plan of Amazon in the coming future


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Maame Esi Sergio on June 22, 2018, 04:16:51 PM
I heard this new of amazon wanting to integrate bitcoin as payment system long a go but i don't think this will favor such a company. The coin is too volatile and could cause amazon a huge deficit if they should use it as a means of payment on their network. They are going to loose millions of dollars if there is a drop in the price of bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Vs225655 on June 22, 2018, 04:54:11 PM
  It seems to me that Amazon, even if it wants to integrate Beatkin, then He must think well how to integrate it into his system. After all, the course is different every day and every hour.
  But in general, there are more such internet giants like Amazon, Google, Facebook, etc. will recognize Bitkhin so its price will go up


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Onews1990 on June 25, 2018, 08:38:50 AM
 I think it would be easy and comfortable because amazon is online store  and bitcoin is a digital money so it's like really seems to help with their costumers to buy more. If I would have an opportunity to buy goods with my bitcoin I will definitely do that.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: nguyenthanhvien on June 25, 2018, 08:58:54 AM
I think they will not use BITCOIN in payment because the cost per BITCOIN transaction is too large. The BITCOIN market is volatile as this will make Amazon out of control. And they will not control the origin of BITCOIN, unknowingly helping the money laundering organization.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Onews1990 on June 27, 2018, 07:47:22 AM
Well amazon is placing itself on the market as an innovative company. They already invested huge money to drones and they were going to take part in Saudi Arabia desert megacity cunstruction. I think that in a couple years that will seem strange if they won't be accepting cryptocurrencies while performing such policy. But we shouldn't underestimate the power of US esablishement and central banks, they can always make some troubles.

I suppose that in this world of competition, you need to do something crazy and innovative in order to stay on the top of the wave. So for me, it's seams logic, that one of the biggest companies need to make the first step in Bitcoin-accepting.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: chrisculanag on June 27, 2018, 08:09:02 AM
Maybe it's not the right time for amazon to accept bitcoin. They may still be learning about bitcoin or maybe because of a slow transaction and sometimes increasing fees so they avoid bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: jcojci on June 28, 2018, 07:13:16 PM
I am sure that Amazon can integrate bitcoin with their payment system because as we know, Amazon is the largest company which have a thousand customers and they are really secure in the payment system. they have a good team and they can manage this if finally, bitcoin is integrated with their payment system. this will makes amazon become widely and will reach more customer in the future.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: nerlial on June 28, 2018, 07:30:45 PM
Amazon will soon begin to take bitcoin as a means of calculation. With time, all major vendors integrate bitcoin as a means of calculation.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: robotrobert on July 04, 2018, 08:23:16 AM
Amazon will soon begin to take bitcoin as a means of calculation. With time, all major vendors integrate bitcoin as a means of calculation.
Amazon is going to accept or maybe it is already taking payments in bitcoin. Bitcoin is something that is going to make you rich without doing anything rather by simply investing into it and keeping it in wallets for so long. This is how people became millionaires with bitcoin. I am sure that CEO of Amazon is already holding some good number of bitcoin in order to increase his wealth and maintain his position.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: squog on July 04, 2018, 08:28:28 AM
Amazon adopting bitcoin or any virtual currency in their company is huge. But we fail to see the reason why not small businesses actually adopt virtual currencies in their businesses. The reason being that virtual currencies themselves are so volatile that it actually discourages investors to jump in. Maybe with the pull of amazon they couod do it, but I doubt they will.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: jitenrajput on July 04, 2018, 09:39:24 AM
Amazon is a big tech giant and capable enough to implement blockchain or acceptance of cryptocurrencies in exchange of their goods. I've heard that it is planning to start accepting bitcoin. Now, whether it is real news or rumor, time will reveal.

As far as US government is concerned, they haven't been tough in case of crypto.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: weblouartisan on July 04, 2018, 09:43:50 AM
For the moment I don't think they are interested to implement bitcoin as payment.


As of today, amazon is already accepting cryptocurrency as a payment method in their ecommerce website and that is the reason why government should be legalizing cryptocurrency in their country.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: roadwell890 on July 06, 2018, 02:36:52 AM
Bitcoin's integration as a payment gateway in Amazon is great news
Jeff Bezos must be ready to think carefully about the integration of Bitcoin, whether with Bitcoin marketplace will have a good impact or even will be bad


Title: Re: Can Amazon Integrate Bitcoin?
Post by: 2@abcdeeply on July 06, 2018, 03:03:59 AM
If Amazon accepts BTCs in the purchase of goods, it is an advantage for the cryptographic economy, as this would boost trading volumes of coin and higher prices.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: shaadsufi on July 15, 2018, 10:26:33 AM
There was some news regarding Amazon and bitcoin a few weeks ago, no the integration of Amazon and bitcoin is not possible but the other hand Amazon is already working on integrating blockchain technology to its data centers to prevent loss of data for customers and increase security


Title: Re: Can Amazon Integrate Bitcoin?
Post by: ohkkstaaahp on July 15, 2018, 01:53:18 PM
maybe. If amazon decides to put electronic money into payment for the purchase of goods. will be one of the things that make electronic money spread


Title: Re: Can Amazon Integrate Bitcoin?
Post by: mak2017 on July 15, 2018, 02:22:34 PM
There was some news regarding Amazon and bitcoin a few weeks ago, no the integration of Amazon and bitcoin is not possible but the other hand Amazon is already working on integrating blockchain technology to its data centers to prevent loss of data for customers and increase security

I've read about that too, in fact i think Amazon has also other concerns about bitcoin and why not to accept it.
Amazon, just like any other merchant, needs stable payment option which is widely available to all customers.
Crypto hasn't gone that mainstream so far, so i guess Amazon will just launch something on their own, and maybe as the time goes we will see some options to pay with crypto.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: droptableguy2 on July 15, 2018, 02:37:15 PM
There was some news regarding Amazon and bitcoin a few weeks ago, no the integration of Amazon and bitcoin is not possible but the other hand Amazon is already working on integrating blockchain technology to its data centers to prevent loss of data for customers and increase security

I've read about that too, in fact i think Amazon has also other concerns about bitcoin and why not to accept it.
Amazon, just like any other merchant, needs stable payment option which is widely available to all customers.
Crypto hasn't gone that mainstream so far, so i guess Amazon will just launch something on their own, and maybe as the time goes we will see some options to pay with crypto.
Your information is very good. I also think amazon also have their own strategies, their own policies. I also think they will have their own solutions and solutions. Hope we will see something new, from amazon. That is my opinion.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Lion_ashy on July 15, 2018, 02:59:11 PM
Lol what exactly are they waiting for since all these while?  This is a good time for them to still adopt bitcoin though.  Just my little opinion.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: DOLONCHAPA on July 15, 2018, 03:59:59 PM
I don't think so . Because amazon is a giant company and have a millions costumer,just imagine it if their costumer using BTC and the price is down. What will happen ? What's the answer? Although bitcoins have a huge popularity at the present time. But  at least for now they will not integrate it until it's a bit stable or until it find it place. On the other hand there is no option to refund if there create any mistake . So that's may be the another point. 


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Reagan_alvaro on July 15, 2018, 04:21:48 PM
I think in a few years it would be weird if they would not accept cryptocurrency when doing the policy. But we should not underestimate the power of US and central bank establishment, they can always make some problems.
While amazon put itself in the market as an innovative company. They've invested big money for drones and they will take part in megacity reconstruction in the Saudi Arabia desert.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Skyenet on July 15, 2018, 11:14:40 PM
I guess that I have already heard something like that that you can already make your payments for the good text you have bought from the Amazon and pay them with your bitcoin wallet.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: airdrophunter on July 16, 2018, 04:18:56 AM
That's very possible because there are so many big industries that are already accepting bitcoin or cryptocurrencies for their products like Steam (https://store.steampowered.com/steamaccount/addfunds), Dish Network (https://www.dish.com/), Wikipedia (https://www.wikipedia.org/), and even Microsoft (https://support.microsoft.com/en-gb/help/13942/microsoft-account-add-money-with-bitcoin) are just one of the industries out there who are into blockchain technologies.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: jcojci on July 16, 2018, 04:27:08 AM
actually, Amazon can easily to integrate their payment system with bitcoin but I think they need to learn more about bitcoin so they are sure that their decision to add bitcoin as the payment can give another solution for their customer. and soon, if everything is set up, Amazon will add bitcoin so we can buy something that we want in the Amazon and we don't have to use a credit card or debit card or paypal to pay.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: wahyu wida on July 16, 2018, 04:39:51 AM
That's very possible because there are so many big industries that are already accepting bitcoin or cryptocurrencies for their products like Steam (https://store.steampowered.com/steamaccount/addfunds), Dish Network (https://www.dish.com/), Wikipedia (https://www.wikipedia.org/), and even Microsoft (https://support.microsoft.com/en-gb/help/13942/microsoft-account-add-money-with-bitcoin) are just one of the industries out there who are into blockchain technologies.
right, is possible. we know bitcoin in the development stage and if many custumer amazon are using btc, or there is a request for it I think amazon will do it too


Title: Re: Can Amazon Integrate Bitcoin?
Post by: tonyvo2017 on July 16, 2018, 04:57:56 AM
I guess they can not. Because Bitcoin is anonymously wholly. They run the bitcoin in silence and nobody knows who they are. The founder of Bitcoin was quiet and never wanted to reveal his personal information to the world. so Amazon can not find the cooperation.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: cahbagus555 on July 16, 2018, 07:45:59 AM
I am believe if bitcoin regulated by government and accepted as currency or payment, many merchant will integrate with bitcoin. They will take advantages on bitcoin because cryptocurrency market value always increasing.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: johnmartinda on July 16, 2018, 08:34:52 AM
There was a rumour that amazon is going to start using bitcoin and provide bitcoins for sale also.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: neonshium on July 18, 2018, 06:45:04 AM



Quote

Amazon is the largest e-commerce marketplace globally, and within a span of few years, it has quadrupled its market cap to $532 billion. It processes an unprecedented amount of orders and hence, the integration of payment technology or digital currency would require a prudent testing process and cautious implementation.

At this point, the demand for bitcoin is evidently increasing at an exponential rate, as the price of bitcoin recently surpassed the $7,000 mark for the first time in history. But, the scalability issues of bitcoin cannot be dismissed, since the size of the bitcoin mempool has increased back up to 50 million and the block size has remained above 1.04 MB in the past few days.

Currently, some of the most widely utilized bitcoin wallet platforms such as Blockchain and Coinbase are recommending transaction fees above $1. With SegWit-enabled wallets, the fees would likely be below $0.7, since as hardware wallet manufacturer Ledger stated, SegWit provides at least 35 percent reduction in transaction fees.

But, Amazon cannot expect general consumers or beginner bitcoin users to use SegWit-enabled wallet and enjoy lower fees, and in the short-term, the company may receive complaints in regards to high fees.


Read more here...
 (http://www.newsbtc.com/2017/11/02/52112/?utm_content=bufferb9be4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer)

The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know.





No they don’t even have to. I don’t know why people are still talking about this, thought that people can make use of purse.io to buy whatever they need from Amazon, even with some discount, so why are they still talking about Amazon accepting Bitcoin? Makes no sense.

And it’s not a must you will make use of Bitcoin to buy whatever you need, you can also change the Bitcoin to fiat and buy what you need from Amazon.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Wendigo on July 18, 2018, 07:25:25 AM
Amazon don't specifically need to implement Bitcoin as a crypto payment option in their marketplace. Bitcoin just happens to be the most popular cryptocoin at the moment. Amazon, for example, could develop their own token called AmazonCoin or something and run it off-chain with 0 transaction fees. I think the biggest question is if there is going to be demand for new payment options. How many people know about purse.io? Not many I guess. But if Amazon offered a direct way of paying with cryptos on their marketplace without any middlemen like purse.io I think the general interest would be much higher. I think demand dictates what will be featured and what not. Expedia recently removed Bitcoin as a payment option on their website, because the interest of their customers was deemed low.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: gamalzour on July 21, 2018, 07:21:53 AM
maybe. If amazon decides to put electronic money into payment for the purchase of goods. will be one of the things that make electronic money spread
We are discussing on the same topic that Amazon is a company and online service which will adopt the Bitcoin nearly and it will soon. This action will provide customers of Amazon to pay in digital system of using the Bitcoin as payment mode. This will increase the demand of people for the Bitcoin. Similarly other companies are also benefiting with Bitcoin and this is a valuable decision for Amazon.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Samaaliu on July 21, 2018, 08:51:23 AM
I hope to see this kind of large online stores integrating Bitcoin or cryptocurrencies into their business someday. It will help to widen up the crypto space with more investment.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Dowrich80 on July 27, 2018, 05:33:10 PM
It is not possible for Amazon to integrate bitcoin into its company's services until and unless the American governments do not lift the sanction on bitcoin to be circulated and adopted by the masses of the American population, being one of the most valuable American companies Amazon  has this objection


Title: Re: Can Amazon Integrate Bitcoin?
Post by: localcrypto on July 27, 2018, 06:02:39 PM
Amazon won't integrate bitcoin in the coming months the reason is Amazon may develop their own blockchain in place of bitcoin


Title: Re: Can Amazon Integrate Bitcoin?
Post by: lixer on July 28, 2018, 06:43:30 AM
There was a rumour that amazon is going to start using bitcoin and provide bitcoins for sale also.
I heard about the rumor and I think this is not going to happen. Amazaon might not accept Bitcoin as mode of transaction because we have a constant fluctuation in the value of Bitcoin and no cpmpany will actually like their assets to be in an uncertain position. However Amazon can invest in Bitcoin like Facebook is planning to go for investing in Bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: katherin_panini on July 28, 2018, 06:49:41 AM
There was a rumour that amazon is going to start using bitcoin and provide bitcoins for sale also.
I heard about the rumor and I think this is not going to happen. Amazaon might not accept Bitcoin as mode of transaction because we have a constant fluctuation in the value of Bitcoin and no cpmpany will actually like their assets to be in an uncertain position. However Amazon can invest in Bitcoin like Facebook is planning to go for investing in Bitcoin.

Once bitcoin becomes more affordable for transactions, they might want to get into it. It's not quite at that level yet but has the potential to reach it once the network becomes refined. Lightening is a big step forwards, and also with the establishment of 5G and faster mobiles there is a potential for mobile mining as well, which would also drastically speed up the transactions, and therefore make it more appealing to retail giants.

Amazon might also see it like a commodity. I heard that Amazon India sells gold online, so why not bitcoin? Where there's a market, there's Amazon. And they're pretty tech-savvy. They've got the most powerful cloud platform in the world right now.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: webdevmastery on July 28, 2018, 07:41:01 AM
It is not possible for Amazon to integrate bitcoin into its company's services until and unless the American governments do not lift the sanction on bitcoin to be circulated and adopted by the masses of the American population, being one of the most valuable American companies Amazon  has this objection


Amazon today is already allowing a cryptocurrency payment method on their online store and this is one of the reason why cryptocurrency today is starting to be more reliable.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Girlsbit on July 28, 2018, 11:52:45 AM
This online store can do anything you want, if you want.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: MelissaAnderson11 on August 09, 2018, 07:47:54 AM
Well, maybe Amazon has put bitcoin into their payment system just a matter of time, in their recent reports of Amazon, they said that they saw great potential and had many big businesses already. Integrate bitcoin into Google Store or Paypal. Maybe in October this year, they will put bitcoin into the system.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: ucingucingan on August 09, 2018, 08:05:24 AM
it can happen and I think that is a good thing, if Amazon can be integrated with bitcoin-based payments it will indirectly boost public confidence to use bitcoin in shopping transactions, and that will make bitcoin prices soar


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Nnedaddy1 on August 09, 2018, 08:10:39 AM
It is very possible and mind you , the integration would make for increased mass adoption of bitcoin as it would afford many spectators the opportunity to own cryptocurrency.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: calabrianexceeded on August 09, 2018, 08:34:28 AM
it can happen and I think that is a good thing, if Amazon can be integrated with bitcoin-based payments it will indirectly boost public confidence to use bitcoin in shopping transactions, and that will make bitcoin prices soar

technically, that can happen, but they will deal with the court because it integrates the illegal payment system, and that will be a serious problem. But if they continue to blow up rumors about this, then they should be able to get closer to communicating with the government before making a mistake in their business.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: MoreMoneyHunt on August 09, 2018, 08:45:06 AM
I read a few articles about Amazon integrating Bitcoin in its payment systems. Anyway, i do not know how true that is but i can only say, such an adoption by Amazon will be a revolutionary movement for the cryptocurrency industry in general. For such company to accept Bitcoin, a lot of investors will be attracted to Bitcoin because Amazon has great influence.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: scoin9 on August 09, 2018, 08:58:47 AM
It's no news that cryptocurrency has come to stay, but the industry is still unregulated and that is a major problem that inhibits growth. Amazon can integrate Bitcoin but due to the unregulated nature of the cryptocurrency ecosystem it may wait for sometime to see regulations before it fully integrates BTC. The problem is not BTC the problem is thr market and whales.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Samohunk on August 16, 2018, 02:57:23 AM
I've heard some news regarding Amazon and bitcoin a few weeks ago, no the integration of Amazon and bitcoin is not possible but the other hand Amazon is already working on integrating blockchain technology to its data centers to prevent loss of data for customers and increase security. Any thoughts?


Title: Re: Can Amazon Integrate Bitcoin?
Post by: KS03 on August 16, 2018, 05:21:09 AM
It seems like a corporation the size of Amazon who are talking about flying a drone to your house to make a delivery could certainly accept Bitcoin.  The question is do they want to ans are they allowed. 


Title: Re: Can Amazon Integrate Bitcoin?
Post by: cezariya on August 16, 2018, 05:35:02 AM
Very much possible seeing the history of company. They had always been in support of innovations for users.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: jcarlo on August 16, 2018, 06:58:46 AM
Amazon soon become trillion dollar company beside apple. I am believe if bitcoin regulated by many government in the world, amazon will integrate bitcoin on their bussiness. Its technology company and its ironic if amazon dont integrate bitcoin on their platform because bitcoin is product of technology


Title: Re: Can Amazon Integrate Bitcoin?
Post by: katherin_panini on August 16, 2018, 07:20:58 AM
It's no news that cryptocurrency has come to stay, but the industry is still unregulated and that is a major problem that inhibits growth. Amazon can integrate Bitcoin but due to the unregulated nature of the cryptocurrency ecosystem it may wait for sometime to see regulations before it fully integrates BTC. The problem is not BTC the problem is thr market and whales.

That's the problem I see too. They would love to integrate it, but they cannot because of compliance issues. They've probably got some pretty stringent conditions in regards to how they are supposed to handle money and payments. How are they going to collect the payments? When do they cash out to fiat? Sure, it sounds easy, but when bureaucracy becomes involved, these issues get convoluted. They just want to make sure that everything is "legal" so the big bad tax man doesn't come knocking at their door.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: pokeronlinestatus on August 17, 2018, 06:18:42 AM
It seems like a corporation the size of Amazon who are talking about flying a drone to your house to make a delivery could certainly accept Bitcoin.  The question is do they want to ans are they allowed. 
Every company has its own beneficial aspects and objectives that lead them to business success. People are now requesting such companies to take part in bitcoin development by accepting it as source of payment. Some companies really had made the choice to work in bitcoin but mostly aren’t interested or they might be afraid of loss from bitcoin due to its fluctuation. But let’s see what happens.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: armarsterling7 on August 17, 2018, 06:28:33 AM
They soon collaborated with ETH and that would be their last partner. Because they want to share cloud computing technology and BTC is not the business they want to target. BTC is very unstable, which will bring about an unstable turnover. And no company wants to cooperate with BTC.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: coingrowth on August 17, 2018, 06:37:04 AM
It is not possible for Amazon to integrate bitcoin into its company's services until and unless the American governments do not lift the sanction on bitcoin to be circulated and adopted by the masses of the American population, being one of the most valuable American companies Amazon  has this objection


Yes, i agree with you because Amazon is a very good company and they will follow some rules and regulation of the US government. Until further notice from the government Amazon official will not integrate the Bitcoin payment processor.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: rickadone on August 17, 2018, 12:38:49 PM
It seems like a corporation the size of Amazon who are talking about flying a drone to your house to make a delivery could certainly accept Bitcoin.  The question is do they want to ans are they allowed.  
Every company has its own beneficial aspects and objectives that lead them to business success. People are now requesting such companies to take part in bitcoin development by accepting it as source of payment. Some companies really had made the choice to work in bitcoin but mostly aren’t interested or they might be afraid of loss from bitcoin due to its fluctuation. But let’s see what happens.
Can they ? Yes they can. Will they ? I think it would be really hard to achieve considering how many stuff they are selling and how they need to pay others as well.

Think about this, if they sell a book, they do not just get paid, they pay the author, they pay the worker, they pay the paper company, they pay the printer ink company, I can go on and make like "they pay the truck driver" and whatever but you get the point, they do not just pay the author, and if they sell with bitcoin than they can't convert quickly enough to not make a loss on it when bitcoin goes down. Hence its really hard for amazon to use bitcoin, maybe some digital stuff that is owned by them so they don't care about the price at all but why would they is another question.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: MoreMoneyHunt on August 17, 2018, 12:42:08 PM
I have read a lot of articles about Amazon integrating Bitcoin into its payment method. Well, there has not been any concrete backing for the claim and still stand out to be a rumor. For Amazon to integrate Bitcoin means a very  positive influence on the crypto market. Amazon have a strong user-base with a lot of investors who will patronize Bitcoin to raise its demand, hence its value.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: rubynails on August 17, 2018, 02:15:30 PM
I hope that Amazon will approach and accept Bitcoin in the future. Amazon is the largest corporation in the world, if Amazon accepts Bitcoin, I believe other corporations will also accept Bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: DeepestOnion on August 17, 2018, 02:27:22 PM
Amazon would take no decision which is not in tune with the USA government. This is how fascism works - the union of corporate and political powers. Therefore Amazon won't integrate Bitcoin until Uncle Sam will give it green light.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: florianuhlemann on August 19, 2018, 09:31:48 AM
this is quite likely news, it is a pity that many companies on the growth of the Commission canceled the integration of bitcoin as a payment system


Title: Re: Can Amazon Integrate Bitcoin?
Post by: alp on August 19, 2018, 09:57:34 AM
Quote

The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know.

Of course this is a very good idea, but it seems to me that bitcoin will take a very long time to transfer payments for goods. It will be a long time before the payment passes. On the other hand, it's not a problem. Personally, I used to pay and see that I have already withdrawn money for payment.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: jcojci on August 20, 2018, 06:12:22 AM
I hope that amazon doesn't take too long to integrate their payment system with bitcoin so we can try to buy something from amazon. I see the big chance for amazon if they can integrate with bitcoin because they will get more customer from all country and this mean, they can increase their sales. besides that, with the growing of the cryptocurrency in any countries, many people right now have knowing cryptocurrency so they can try to use the crypto in amazon.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: cryptocurrencyguru on August 20, 2018, 11:17:58 AM
to my knowledge, Amazon won't integrate bitcoin in any time future whereas Amazon will create their own crypto coin for transactions


Title: Re: Can Amazon Integrate Bitcoin?
Post by: chomli on August 20, 2018, 11:57:28 AM
anything is possible in blockchain technology


Title: Re: Can Amazon Integrate Bitcoin?
Post by: fredo123 on August 20, 2018, 01:16:43 PM
For the moment I don't think they are interested to implement bitcoin as payment.

Amazon should show continued leadership in innovation by eagerly accepting two of the most trusted and proven cryptocurrencies in existence, Bitcoin and Litecoin. It continues acceptance and intelligent integration of these efficient and grond breaking payment methods will lead to more streamlined commerce and an improvement in the purchasing experience for the many millions who shop Amazon.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: ziac on August 20, 2018, 01:29:43 PM
Thay could if they want it.. But i doubt they will be implementing it anytime soon.. The regulations for btc and other cryptocurrencies is still a problem also the volatile prize of btc really affects the decision making of big players.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: jeromix on August 20, 2018, 01:33:31 PM
As long there is a way to apply, the regulation is fixed, not too much trouble from trump,

 im sure they will use it.
Yeah probably this system could be a great advantage especially that some of the BTC holders are also an online client that usally do love online shopping and Amazon could be one of their favorite online shopping. So by accepting bitcoins as an online payment systeme will help them increase their sales. They could also join in our forum and promote Amazon using bitcoin payment system.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: diger on August 20, 2018, 02:16:25 PM
If amazon really is serious about adopting BTC to exchange for goods and services then it will be a good news for all of us. This means that people willl be buying more coins and buying.mpre coins lessens the market supply this increasing the price. Also, if it is successful in Amazon's end then it will not take long for other companies to do the same.i just hope it will be successful


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Indamuck on August 20, 2018, 02:24:24 PM
Amazon would get a lot more customers if they started accepting Bitcoin and other cryptos.  Is very foolish on their part to wait this long to implement a btc payment option.

 Since they are tied with the CIA, the U.S. government may have told them not to accept crypto or Amazon is working to develop their own coin to be used for payment.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: dniwe_dna on August 20, 2018, 02:27:55 PM
It will be very good for our society. But, considering this, it will be realized not soon, as cryptocurrency is associated only with money laundering and terrorist financing.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: CPetersson on August 20, 2018, 07:45:10 PM
Bitcoin weekly volatility reached up to 60% per annum during the previous year. And you need to pay very high fee for transaction. It is stupid idea, maybe they will create own cryptocurrency


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Ahmed4200 on August 20, 2018, 07:50:49 PM
I'm not sure whether it will happen, but it's true that a rumor has been heard about this. But I think Amazon is one of the biggest online shopping in the world. Bitcoin can be added here. This will be beneficial for the world.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Cobrak777 on August 20, 2018, 08:42:46 PM
If amazon will start its own coin that will not be so successful because people already have a emerging coin that gives a lot to the people and that’s the main reason bitcoin is accepted by the amazon and this will give amazon extension for surviving in the upcoming era and more to it this is an ease to the bitcoin use that they can shop from amazon without any worry and in future many other stores will accept btc.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Ranly123 on August 20, 2018, 09:23:09 PM
Amazon would get a lot more customers if they started accepting Bitcoin and other cryptos.  Is very foolish on their part to wait this long to implement a btc payment option.

 Since they are tied with the CIA, the U.S. government may have told them not to accept crypto or Amazon is working to develop their own coin to be used for payment.

Right, if Amazon will accept Bitcoin then that would be a big leap on the business of online shopping. Knowing that there are many people who are into Bitcoin, I think Amazon would push through accepting Bitcoin even with the agreement with the CIA.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: ngano ba on August 20, 2018, 10:50:13 PM
Why not everything in business or pary of the business can be always done, If Amazon is very willing to integrate with bitcoin, so the two parties will have a term and conditions as part of business parnerships then they will sign and everything will be in proper order to great success of collaborations.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: badaovodich on August 21, 2018, 06:30:34 AM
Amazon found that Bitcoin could be applied in the data market. They argue that individual data streams may have no value, but by combining this data with information from additional sources, "data flows may become more valuable."


Title: Re: Can Amazon Integrate Bitcoin?
Post by: tooklau on August 21, 2018, 08:15:27 AM
This is impossible. Although Amazon is very powerful, there are still many powerful companies in the United States, but they are unable to integrate cryptocurrencies.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: leavefifa on August 25, 2018, 04:01:47 AM
It can be. Bitcoin integration can happen in Amazon. It is important for businesses to increase their sales and expand their reach. Using Bitcoin to pay for Amazon payments will be a lot of Bitcoin buyers in their electronic wallet agree. It will increase revenue for Amazon and Amazon sellers. And convenient for shoppers around the world.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Theaticands on September 08, 2018, 10:43:18 AM
not but, perhaps inside the future while bitcoin whould come to be greater scalable, however I suppose that Amazon would companion with any other crypto earlier than they start using Bitcoin


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Caubethamaner on September 12, 2018, 07:44:35 AM
They have understood the potential of bitcoin and the speed at which it is growing is also great. By looking at all this advantage amazon has taken interest in it and it will make it come true. The only problem now is the high transaction fee for the as people cannot lose money.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Zuzuhunuxu on September 12, 2018, 10:03:34 AM
The people are not worried about the fact . It's a rumour spread around and if somehow big companies like amazon accepts bitcoin that would be a big boost for bitcoin, that's why people are hoping and concerning about the fact.   


Title: Re: Can Amazon Integrate Bitcoin?
Post by: trako on September 12, 2018, 01:07:50 PM
not possible at the moment. it will be difficult for users if bitcoin integration is to be provided as payment method. we are talking about a constant variable price range. there is no stable price index. It's a tough possibility that floats.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: rosemary4u on September 12, 2018, 03:54:29 PM
Amazon is a reputable online with huge following, they can easily integrate crypto in their operations through the application of blockchain technology. Amazon can easily propagate the good news of blockchain technology when they begin to accept bitcoin or Ethereum as a mode of payment just as in the case of debit cards such as MasterCard or Visa Card.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Rauxanhinu on September 14, 2018, 10:08:01 AM
They have understood the potential of bitcoin and the speed at which it is growing is also great. By looking at all this advantage amazon has taken interest in it and it will make it come true. the only problem now is the high transaction fee for the as people cannot  lose money.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: UconBit on September 14, 2018, 10:12:49 AM
Amazon can easily integrate bitcoin as a payment method. It is only a question of whether they want to and if they find the need to. I know that there are already online stores that accept bitcoin as a payment method though. Were bitcoin is more stable, it would have already been adopted by more businesses.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: rickyNmorty on September 14, 2018, 10:44:19 AM
There was a rumour that amazon is going to start using bitcoin and provide bitcoins for sale also. If this thing happens then the market value of bitcoin will increase unconditionally.

This is true. People should not close the discussion about this, or somewhat ending it with the statement that the bitcoin will not be part of Amazon or it will probably will. Bitcoin has a huge of perks and this will probably help or benifit both. Amazon and users. Bitcoin is something that can help us.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Ezenwanyi1 on September 14, 2018, 10:59:28 AM
It is very possible for amazon to integrate bitcoin.
I believe the idea if implemted will significantly drive up the adoption rate of bitcoin.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: MinoRaiola on February 08, 2021, 10:27:17 PM
i thought i would look for an old topic and i came across amazon. look at the comments. wonderful


It is very possible for amazon to integrate bitcoin.
I believe the idea if implemted will significantly drive up the adoption rate of bitcoin.

today the chance is higher than it was 2 years ago. my opinion
The domains are: amazonethereum.com, amazoncryptocurrency.com, amazoncryptocurrencies.com.

I hope that Amazon will approach and accept Bitcoin in the future. Amazon is the largest corporation in the world, if Amazon accepts Bitcoin, I believe other corporations will also accept Bitcoin.

if it happens, it will change bitcoin massively

anything is possible in blockchain technology

You got it

This news make bitcoin price increase a lot. Bitcoin will reach 10k$ soon.

today we are at 44.500$  ;D

Yes, bitcoin is taking over the world slowly and for amazon to announce that they will be accepting bitcoin. I think amazon will really integrate bitcoin and other successful cryptocurrency pretty soon.

Pretty soon...mh... it took a while.

Since paypal is basically ebay owned and not accepted at amazon it does make sense they might incorporate a crypto as a way to attack paypal. Maybe they will launch amazon coin we will see.

or paypal has integrated crypto and has it under control. like right now.


Have a nice day  ;)


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Kittygalore on February 09, 2021, 07:02:38 AM
It is very possible for amazon to integrate bitcoin.
I believe the idea if implemted will significantly drive up the adoption rate of bitcoin.
I know that I am being radical but that will only make Jeff Bezos get more rich because bitcoin is steadily going up, if I were to wish something would happen, I hope that they wouldn't integrate bitcoin into their system. The best thing that can happen to adoption is the companies that are selling on the Amazon should have their own website make their own integration, about a big chunk of profit is taken away from the original companies by Amazon and if people were to buy directly to the website of the original company then the company will get no cuts from their profit and most of them have coupon codes for their own stores, what I wish is that this people are the ones to have that integration, mass adoption meant that all business no matter how small should be able to integrate and not just one company.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: btc_angela on February 09, 2021, 07:41:21 AM
It is very possible for amazon to integrate bitcoin.
I believe the idea if implemted will significantly drive up the adoption rate of bitcoin.
I know that I am being radical but that will only make Jeff Bezos get more rich because bitcoin is steadily going up, if I were to wish something would happen, I hope that they wouldn't integrate bitcoin into their system. The best thing that can happen to adoption is the companies that are selling on the Amazon should have their own website make their own integration, about a big chunk of profit is taken away from the original companies by Amazon and if people were to buy directly to the website of the original company then the company will get no cuts from their profit and most of them have coupon codes for their own stores, what I wish is that this people are the ones to have that integration, mass adoption meant that all business no matter how small should be able to integrate and not just one company.

That's possible as well, if those online stores are going to integrate bitcoin as another payment scheme. But we can't discount the fact that Amazon as the biggest store in the globe, if decided to adopt bitcoin as well will be huge for the market.

We have a lot of stores already accepting bitcoin around, but still I'm guessing it's a small percentage. But if Amazon will lead the way then we might see small ti mid tier online stores also accepting bitcoin to follow Amazon's lead. So it will be a top to bottom effect.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: Kittygalore on February 09, 2021, 07:45:28 AM
~
That's possible as well, if those online stores are going to integrate bitcoin as another payment scheme. But we can't discount the fact that Amazon as the biggest store in the globe, if decided to adopt bitcoin as well will be huge for the market.

We have a lot of stores already accepting bitcoin around, but still I'm guessing it's a small percentage. But if Amazon will lead the way then we might see small ti mid tier online stores also accepting bitcoin to follow Amazon's lead. So it will be a top to bottom effect.
Even if they are the biggest store, if people work together we can destroy their profit, I think that the Wallstreetbets fiasco is an enough proof that we can do it together. Sure them leading the way is good but this could spell disaster for the companies that are selling their products on Amazon because they would get overshadowed by the announcement of the bitcoin integration, as you have said they are the biggest of them all. And that top to bottom effect meant that the one at the top will get the biggest benefit while those on the lower will be fighting for crumbs and droplets.


Title: Re: Can Amazon Integrate Bitcoin?
Post by: MinoRaiola on February 09, 2021, 10:33:46 AM
It is very possible for amazon to integrate bitcoin.
I believe the idea if implemted will significantly drive up the adoption rate of bitcoin.
I know that I am being radical but that will only make Jeff Bezos get more rich because bitcoin is steadily going up, if I were to wish something would happen, I hope that they wouldn't integrate bitcoin into their system. The best thing that can happen to adoption is the companies that are selling on the Amazon should have their own website make their own integration, about a big chunk of profit is taken away from the original companies by Amazon and if people were to buy directly to the website of the original company then the company will get no cuts from their profit and most of them have coupon codes for their own stores, what I wish is that this people are the ones to have that integration, mass adoption meant that all business no matter how small should be able to integrate and not just one company.

your point of view is good, but amazon has a status that can no longer be taken from.

Compared to the same quarter last year, Amazon's sales increased by around 30.36 percent from around 87.44 billion US dollars to 125.56 billion US dollars.
Source: https://de.statista.com/statistik/daten/studie/197099/umfrage/nettoumsatz-von-amazoncom-quartalszahlen/#:~:text=Im%20Vergleich%20zum%20Vorjahresquartal%20ist,56%20Milliarden%20US%2DDollar%20gestiegen.

I don't figure out what that means per month, day or hour. But when you've reached such a status, is it so important to think about being even richer? Or whether you offer your customers a way to make them happier?