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Bitcoin => Bitcoin Discussion => Topic started by: luxcoin on November 05, 2017, 12:22:59 PM



Title: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 05, 2017, 12:22:59 PM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?


Title: Re: When Giants E-commerce start to accept BTC?
Post by: junoon on November 06, 2017, 09:34:37 PM
maybe https://purse.io/
will help you at the moment?
 ;)

but yeap, still waiting for big changes!


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Iranus on November 06, 2017, 10:15:17 PM
why instead do they seem to be late adopters?
The number of small retailers is pretty low.  The difference is that they don't have a huge amount of resources to consider it, so their acceptance of BTC is somewhat experimental and they don't expect huge amounts of customers to be paying with it.

There's also the fact that BTC users are quite specific audiences, so very general audiences like Amazon may not be interested enough for it.  A VPN provider or porn site is more likely to accept BTC than Amazon or another major retailer.

As for adoption, I'd say it was happening more when the price was lower.  We're still mentioning the addition of one retailer at a time rather than giving general statistics or information.

If you really need to use those major services, you could try converting BTC to gift cards or using indirect systems like Purse.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: minersday on November 06, 2017, 10:51:42 PM
It would be huge if they start accepting bitcoin as a payment processor, anyway, you can buy amazon gift cards using bitcoin, and this is having the same role because you can buy on amazon with that card that you bought using bitcoin, it is amazing, i used to sell those cards on the past because those were very profitable.
anyway, it would be nice to hear that some big e-commerce stores are going to accept bitcoin, because it will pump the price by a lot .


Title: Re: When Giants E-commerce start to accept BTC?
Post by: swaptaker on November 06, 2017, 10:53:15 PM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

Everybody is talk about Amazon, Ebay, McDonalds, Apple, GooleAds, AliBaba etc. but there is no solid indicators for this clue. It's totally rumor. Because bitcoin's status is still unknown and companies can't announce they will accept bitcoin as a payment method.

Very obvious fact for us I believe.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: soham on November 06, 2017, 10:56:45 PM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

A member already spoken about Purse so I will not talk about it. But there are some challenges for bitcoin to be accepted as a payment option in giant retail shops and e-commerce websites. Let me list down a few for you,

1. Fluctuating value: Bitcoin's value is dynamic and keeps fluctuating from one end to another within a very short period of time. So if you see a product price is 0.015 bitcoin now, it may change to 0.017 while checking out. E-commerce companies need a way to fight such fluctuations. Because it posses a huge risk on their profitability.

2. Transaction confirmation time: Currently bitcoin transactions usually take around 30 minutes if you pay suitable network fees. SO if you order something, your trade request won't get confirmed before the payment comes to their wallet. The system will have to keep checking for the transaction confirmation and then they can release the product for further processing and shipping. That isn't convenient.

3. Legal status of bitcoin: That is one of major challenges for bitcoin to be accepted as a payment gateway. The legal status of bitcoin is still not clear in majority of the countries. So e-commerce stores will not want to burn their hands on to something like this. They need transparency around their business.

I think these are the three major roadblocks for bitcoin to be accepted as a real payment gateway. It looks good now as an investment asset but not as a currency, at least for now. We need a faster and more stable crypto currency to become mainstream. Sad reality!


Title: Re: When Giants E-commerce start to accept BTC?
Post by: HasHe on November 06, 2017, 11:00:34 PM
Already we could see Overstock.com,an online retailer which is a competitor to Amazon is accepting bitcoin payment since 2013.Just last week,we heard the news that amazon could soon announce that it would accept bitcoin payments.There is a huge difference between a small retail shop accepting bitcoin and e-commerce giants like amazon accepting bitcoin.Since bitcoin is becoming more familiar among people nowadays,amazon too could not avoid it anymore.But it has to develop its infrastructure related to accepting bitcoin payments and it would even take some more years for amazon to take it in to action practically.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Alns on November 06, 2017, 11:05:54 PM
Already we could see Overstock.com,an online retailer which is a competitor to Amazon is accepting bitcoin payment since 2013.Just last week,we heard the news that amazon could soon announce that it would accept bitcoin payments.

What is overstock? i have never visited that store, and i am sure that only 1/20 of users of this forum only knows that that e-commerce shop really exists, we are talking about real shops, like amazon, ebay, or westbuy, the other doesnt matter because they can not affect the price by a lot, just like amazon could do, or ebay.
Just think about it, if apple starts accepting bitcoin, all those iphone fanboys who love bitcoin would be crazy and they will start hyping bitcoin like if there is nothing else to do.



Title: Re: When Giants E-commerce start to accept BTC?
Post by: Harlot on November 06, 2017, 11:10:06 PM
It is really hard to put on a certain date as legality is one of the main concerns, one of the sites you mentioned is owned by a Chinese which we know China have strict laws about cryptocurrencies. Another concern that these companies will face to is the acceptance for it, will there be person who are willing to accept Bitcoin as their mode of payment if they will be incurring additional cost? If these 2 are not a issue anymore then we can start to see these websites to accept Bitcoin in the future.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Murloc on November 06, 2017, 11:13:42 PM
Never understood such threads. What stops you from buying something on those e-commerce giants right now? Bitcoin is liquid enough to exchange it and buy something asap. In the worth case it will take a bit more time and it will take a couple more % as an exchange fee.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Viscera on November 06, 2017, 11:23:02 PM
Because its hyping in the internet and they see to it that the blockchain is very secured ledger that will keep their private assets, bitcoin is just a tool of a digital asset it will help them grow their business so E-commerce right now are emerging in blockchain.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: VanDeinsberg12 on November 06, 2017, 11:26:41 PM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

Everybody is talk about Amazon, Ebay, McDonalds, Apple, GooleAds, AliBaba etc. but there is no solid indicators for this clue. It's totally rumor. Because bitcoin's status is still unknown and companies can't announce they will accept bitcoin as a payment method.

Very obvious fact for us I believe.
Basically those statements have made to create fake hype to the bitcoin. There is no a real clue about they are all want to adding the bitcoin payment into their service. Just like mcdonald in thailand already accepted omisego as the payment system.
I don't think so about the bitcoin's status will be unknown. But as the more altcoin will try to implement the actual use of the crypto itself to compete with the bitcoin.
The bitcoin future has made the bitcoin become the biggest speculators coin. and not a mass adoption for daily usage.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: DannaWonder on November 07, 2017, 12:14:28 AM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

That is the main goal of bitcoin's creator to have a global currency that me can use on daily expenses. as of now bitcoin is just considered as an asset.A commodity perhaps that you can trade to get a fiat currency for purchases. Can't wait for that time to come.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Beerwizzard on November 07, 2017, 01:00:27 AM
I think everyone already heared those rumors around Amazon (and I'm sure that will happen pretty soon, maybe in a year). When it comes around such huge companies it seems more legal issue. Also sometimes big companies that are too big to fail are getting tax discounts from the governments and they might lose them if they will use something that harm the financial system. So it is hard to tell even the approximate date.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: jseverson on November 07, 2017, 02:30:10 AM
I'm guessing smaller retailers have a greater need of attracting customers, which is why they're adopting Bitcoin payments. I'm sure big companies like Amazon have considered it because that's part of their job, but somehow came to the conclusion that it wasn't beneficial enough for the hassle. Bitcoin is not ideal for small transactions after all.

Big retailers aren't late adopters, small retailers are simply early adopters. The slow confirmation times and large fees need to be solved first before it can be seriously considered.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: fiulpro on November 07, 2017, 03:37:08 AM
The fact that bitcoins future is launched by the CME , it gives us a clear account that there are investors looking at bitcoins in a big way. Also CME is no small investing enterprise, thus you can be sure of the fact that other major companies are already looking at bitcoins in the hope that its going to survive another 100 years :)

Amazon and other companies have not yet officially stated that they will accept bitcoins in the near future but there had been a news all over the Internet whose credibility can't be guaranteed by me , its that in the near future they can think of accepting bitcoins just like any other Normal fiat.

And why shouldn't they ? Bitcoins are already generating tremendous interest from the genral public and the market is holding such a big sum of investors thus it will be correct to give way for something like this to happen.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Text on November 07, 2017, 03:52:00 AM
The rumors spread on the cypto news about accepting bitcoin of Amazon but there is no official statement yet coming from the company. Well, it is a good news when it really happens but there is still the other side of refusing it due to the volatility of BTC price which is the primary reason why it can't be added as a payment option by merchants.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: darylalban on November 07, 2017, 04:05:23 AM
I'm sure Amazon is already working on that. But i think blockchains like cybermiles will help with that integration since they specialize in ecommerce and marketplaces. Very interesting token to look into so that big guys like Amazon will integrate (and certainly make it easier for them). https://www.forbes.com/sites/curtissilver/2017/10/03/5miles-launches-cybermiles-blockchain-project-to-decentralize-the-online-marketplace/#411bd4ae6d3a


Title: Re: When Giants E-commerce start to accept BTC?
Post by: ASHLIUSZ on November 07, 2017, 04:11:56 AM
It would take a long time, because what they expect in terms of usage haven't got reached yet. So, when the flow of asset happens as expected they'll move forward giving importance to bitcoin as one among the payment option. When it comes to alibaba, they already had plans of creating their own asset for all trade needs.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: pooya87 on November 07, 2017, 04:15:10 AM
whenever we are talking about accepting bitcoin as payment the business is always considering pros and cons of this. unlike common belief the fluctuating price doesn't matter to them because they mostly go through services like bitpay and get paid in fiat not bitcoin so they don't even feel the fluctuations.
but there is one important thing they have to consider and that is whether or not enough people are going to use bitcoin. we all want to spend bitcoin but when it comes to actually spending it a lot of us think twice before doing it.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: 24core on November 07, 2017, 04:16:12 AM
With bitpay and many other plugins it is now possible for online stores to easily accept bitcoins as a payment method. I believe this will be even more mainstream in the ear future.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: amelitojr47 on November 07, 2017, 04:17:57 AM
 i think they will soon cause, BTC is on its way, Giant  E-commerce cant deny  that BTC value or price is going high.

I believe its going to happen, the bitcoin will recognize and accepted to the giant  E commerce


Title: Re: When Giants E-commerce start to accept BTC?
Post by: CuriousGeorge on November 07, 2017, 04:18:51 AM
With bitpay and many other plugins it is now possible for online stores to easily accept bitcoins as a payment method. I believe this will be even more mainstream in the ear future.
But an E-commerce giants won't simply accept bitpay, they may create their own payment gateway as soon as they have the intention to add bitcoin as one of their payment method
also bitpay may charge few percents for fee which E-commerce giants will avoid.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: TagaMungkahi on November 07, 2017, 04:24:56 AM
It would still take a long time, do you hear the news that Vatican will show how bitcoin use on Human Slave? Another FUD right? another "bad news" for the reputation of Bitcoin, with these different forces that will release FUD articles about Bitcoin, Giant E Commerce will still think twice integrating bitcoin on their business.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: aizen10 on November 07, 2017, 04:33:30 AM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

you says that "little and local e-shop are supporting nowadays the Criptocurrency Gateway". so little and locan e-shop are willing to take a risk with this cryto currency and adopted it on their own business as a mode of payment to take a chance to get involve in bitcoin and earn much by doing that. so the GIANTS E-COMMERCE are not taken yet this big opportunity to implement to their own business, i think they decided to observe first the flow of this bitcoin inside/outside world. and i think this gonna be implement soon for those GIANTS e-commerce to adopt bitcoin,


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Indrawan77 on November 07, 2017, 04:46:12 AM
I think big ecommerce will support bitcoin in the future, there are a lot of problems that need to be solved before they are comfortable to receive bitcoin, the first issue is the bitcoin legality, once this is settle perhaps it will attract more big companies in using bitcoin, the small and retail do accept bitcoin but it is just a very small percentage


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Singwala on November 07, 2017, 05:14:24 AM
It's definitely a big change. Because those companies have a big role and if bitcoins they accept as one of their payment processors many people buying those companies they will also recognize bitcoins. Of course they'll wonder what that is. And you'll start to explore what bitcoins are. These will also be part of the community that knows Bitcoins. So I'm looking forward to this opportunity because it's going to be the start that bitcoins are recognizable and also available with simple transactions.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: pat4cryptoreal on November 07, 2017, 05:20:50 AM
The E-commerce will start accepting bitcoin sooner because many new E-commerce that are coming up are running ICO. It means they will use cryptocurrency as a mode of payment and the existing E-commerce will see no option than to join them in accepting cryptocurrency.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Yaunfitda on November 07, 2017, 05:25:44 AM
The E-commerce will start accepting bitcoin sooner because many new E-commerce that are coming up are running ICO. It means they will use cryptocurrency as a mode of payment and the existing E-commerce will see no option than to join them in accepting cryptocurrency.

If they are going to start, they should have started already because the price is really going up and for sure they would consider this whether to accept bitcoin or not. So I think that the likelihood of them accepting bitcoin now is very slim.

But I will remain very positive that amazon will start to accept bitcoin as payment. Because it they did that it will be just a matter of time before others will big retailers will accept it at all. We just need one big high profile retailer like amazon to start the trend and I'm sure that the rest will follow amazon.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Chanock on November 07, 2017, 05:39:23 AM
Some report are amazon accept bitcoin as payment on their some items and even alibaba. But totally accepting bitcoin in their all transaction maybe they are looking to considered it since bitcoin is easy mode of payment in digital transaction. Maybe sooner Giants E-commerce considered bitcoin as mode of payment because almost in the whole world have an access on bitcoin.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Kakmakr on November 07, 2017, 05:45:41 AM
I think scaling is definitely a challenge that are identified by them. They would be losing money, when people want to do transactions and Bitcoin goes through a spam period and these transactions cannot be done within a few hours. < slow confirmations >

This will cause further problems with their customer support being flooded with problems regarding "confirmation" issues. People has become used to "instant" transaction confirmation with other payment options like Credit cards and PayPal. Bitcoin has to address these issues, before it can be seriously considered by these ecommerce giants. ^hmmmmm^


Title: Re: When Giants E-commerce start to accept BTC?
Post by: ongels on November 07, 2017, 11:30:26 AM
There are so many factors to consider, There should be a case study before they accept btc, Its gonna be a good indicator if people preferred to used btc because it will create a massive  impact to crypto world. price will surely rise up and eventually the success of bitcoins will start up the new world of cashless society:)


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Mark Promo on November 07, 2017, 12:28:20 PM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
I think it will happen in the middle of 2018. Already, bitcoin can be paid in restaurants.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: ethereumhunter on November 07, 2017, 02:23:32 PM
maybe in next year, giants e-commerce start to accept btc and i think they can see this opportunity to reach more customer in over the world. bitcon now has reach many people from many country and they are using bitcon for many things and if the e-commerce site can accepting bitcoin then i am sure that bitcoin user can spend their bitcoin to buy something in that sites.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 09, 2017, 01:27:11 PM
maybe https://purse.io/
will help you at the moment?
 ;)

but yeap, still waiting for big changes!

WOWWWW  8) :o
That's awesome mate
I didn't know that!
I checked it out and already registered as affiliate  ;)
Great stuff anyway.

Hoping that this kind of join between a middle agency and the real world in exchange of Crypto would spread more and more!

#stopusingPayPal


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 09, 2017, 01:48:51 PM
why instead do they seem to be late adopters?
The number of small retailers is pretty low.  The difference is that they don't have a huge amount of resources to consider it, so their acceptance of BTC is somewhat experimental and they don't expect huge amounts of customers to be paying with it.

There's also the fact that BTC users are quite specific audiences, so very general audiences like Amazon may not be interested enough for it.  A VPN provider or porn site is more likely to accept BTC than Amazon or another major retailer.

As for adoption, I'd say it was happening more when the price was lower.  We're still mentioning the addition of one retailer at a time rather than giving general statistics or information.

If you really need to use those major services, you could try converting BTC to gift cards or using indirect systems like Purse.

The fact is that small retailer does not want to look too forward because they are the last to adapt to the technology itself. But doing that way they are losing the next big opportunity.
With so easy implementation for the retailer would be very bad for him not to take advatages


Title: Re: When Giants E-commerce start to accept BTC?
Post by: miyaka26 on November 09, 2017, 01:56:38 PM
There's a lot of online shop that accepts bitcoin nowadays and the three of them are Newegg, Shopify and Steam. But the main form of payment and still the most recommended is still fiat currency I think it is because of the fluctuations and volatility that's why some of the biggest e-commerce businesses are still in doubt in adapting cryptocurrencies as a payment but soon to be that the majority of all online stores will accept bitcoin for their products i think some of them are still in development and experimental but we will see soon.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 10, 2017, 08:26:32 AM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

A member already spoken about Purse so I will not talk about it. But there are some challenges for bitcoin to be accepted as a payment option in giant retail shops and e-commerce websites. Let me list down a few for you,

1. Fluctuating value: Bitcoin's value is dynamic and keeps fluctuating from one end to another within a very short period of time. So if you see a product price is 0.015 bitcoin now, it may change to 0.017 while checking out. E-commerce companies need a way to fight such fluctuations. Because it posses a huge risk on their profitability.

2. Transaction confirmation time: Currently bitcoin transactions usually take around 30 minutes if you pay suitable network fees. SO if you order something, your trade request won't get confirmed before the payment comes to their wallet. The system will have to keep checking for the transaction confirmation and then they can release the product for further processing and shipping. That isn't convenient.

3. Legal status of bitcoin: That is one of major challenges for bitcoin to be accepted as a payment gateway. The legal status of bitcoin is still not clear in majority of the countries. So e-commerce stores will not want to burn their hands on to something like this. They need transparency around their business.

I think these are the three major roadblocks for bitcoin to be accepted as a real payment gateway. It looks good now as an investment asset but not as a currency, at least for now. We need a faster and more stable crypto currency to become mainstream. Sad reality!

Great point buddy.
You cleary paved the trail for what you gonna solve as community.
I think when it will stabilise more then it would be easier to pass the n° 2 point
I totally agree with your last thinking "We need a faster and more stable crypto currency to become mainstream. Sad reality! "

But we gonna solve it  ;)
Be positive


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 10, 2017, 08:30:56 AM
It is really hard to put on a certain date as legality is one of the main concerns, one of the sites you mentioned is owned by a Chinese which we know China have strict laws about cryptocurrencies. Another concern that these companies will face to is the acceptance for it, will there be person who are willing to accept Bitcoin as their mode of payment if they will be incurring additional cost? If these 2 are not a issue anymore then we can start to see these websites to accept Bitcoin in the future.

Great consideration.

Yes the problem is related with the China's movement for Alibaba, but I think we'll see an extraordinary happy ending along with that side.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 10, 2017, 08:39:55 AM
It would still take a long time, do you hear the news that Vatican will show how bitcoin use on Human Slave? Another FUD right? another "bad news" for the reputation of Bitcoin, with these different forces that will release FUD articles about Bitcoin, Giant E Commerce will still think twice integrating bitcoin on their business.

 ;D ;D :D
You made me laugh a LOT.
Who the hell still believe in Vatican say ?
Of course they are doing their political statement, because remember it, you can consider a Vatican as a nation as has its Prime Minister !

And I can tell you man, I'm Italian guy!
So I just don't give a shoot of what he's saying because he is such a hypocritical person - and yet too many people are taking care of what is predicting.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 10, 2017, 08:43:27 AM
I think scaling is definitely a challenge that are identified by them. They would be losing money, when people want to do transactions and Bitcoin goes through a spam period and these transactions cannot be done within a few hours. < slow confirmations >

This will cause further problems with their customer support being flooded with problems regarding "confirmation" issues. People has become used to "instant" transaction confirmation with other payment options like Credit cards and PayPal. Bitcoin has to address these issues, before it can be seriously considered by these ecommerce giants. ^hmmmmm^

 Great consideration as usual for you.
I go along with your thinking


Title: Re: When Giants E-commerce start to accept BTC?
Post by: rytyr on November 10, 2017, 08:45:05 AM
Amazon subsidiary is buying crypto related domain names so I think their onto something in the near future. As always, we just have to wait.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 10, 2017, 08:47:40 AM
There's a lot of online shop that accepts bitcoin nowadays and the three of them are Newegg, Shopify and Steam. But the main form of payment and still the most recommended is still fiat currency I think it is because of the fluctuations and volatility that's why some of the biggest e-commerce businesses are still in doubt in adapting cryptocurrencies as a payment but soon to be that the majority of all online stores will accept bitcoin for their products i think some of them are still in development and experimental but we will see soon.

You are referring to a templates which can support the gateway such as Spotify - ok this is the first step . But I'm looking the solution of actually paying with BTC or other CCs in real world. I men something is missing right ?


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Kingofbitcoin12345 on November 10, 2017, 08:48:58 AM
As of now that cryptocurrency is working it’s way to mainstream and can’t be stopped by any means of black propaganda and regulations on some country’s.. The time it will be coming out as an option with Alibaba and Amazon is nearing and I believe that this is now on the table of both companies discussing this feature and its impact to they’re company.. But still let’s wait for it biggest it will surely help also our community..


Title: Re: When Giants E-commerce start to accept BTC?
Post by: mobnepal on November 10, 2017, 08:51:38 AM
Purse.io is already acting like bridge between amazon and bitcoin despite the fact that amazon haven't announced support for bitcoin. But there are rumors that soon they gonna officially accept bitcoin as payment method.

There are still few mega merchants that are accepting bitcoin like overstock.com and steam.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Diablesfunis on November 10, 2017, 08:55:28 AM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?
It's gonna happen, maybe next year or two more years but i can see it happening. Crypto popularity is really booming especially this year, and if the demand is high, they will add it because surely it will bring them more revenue.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: BingoDog on November 10, 2017, 08:56:16 AM
Majority of big businesses still don't consider introducing and accepting bitcoin because this is still big risk and potential loss because of bitcoin volatility. And some influence of politics can't be discarded. Also, because of their legal and regulatory obligations in many countries bitcoin regulation are the precondition for introducing bitcoin into business.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: spadormie on November 10, 2017, 08:59:34 AM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?
Jack Ma, the Alibaba founder, is a good entrepreneur. Of course bitcoin and other cryptocurrencies are filling up in his mind that having bitcoins as payment in his own e commerce shop, might give shine on his business.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Periodik on November 10, 2017, 09:25:56 AM
Most of them depends on their governments treatment on bitcoin since they are duly registered and need to follow certain laws. Bitcoin issues like possible blockchain take over and sometimes network being unstable are something they want to assure. Volatility is also a concern to them. I still see Bitcoin slowly accepted soon and who knows another friendly crypto will be more acceptable to giant e-commerce companies.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: alexzorgo on November 10, 2017, 09:39:25 AM
For big e-commerce use of bitcoin in the next few years won't bring big benefit. Users of cryptocurrency are early followers for today. Those who believe in them, despite immaturity of cryptocurrencies for use in the market. Yet there is no sufficient critical mass of users who will be able to use every day bitcoin as means of payment instead of traditional means of payment


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 13, 2017, 08:20:47 AM
Purse.io is already acting like bridge between amazon and bitcoin despite the fact that amazon haven't announced support for bitcoin. But there are rumors that soon they gonna officially accept bitcoin as payment method.

There are still few mega merchants that are accepting bitcoin like overstock.com and steam.

I tried purse.io and it's really good !
I think the same - but as for now we have to wait to something big happen. You named it : they are considering it - they have to
Anyway as usual their Governments are very worried about taxes stuff that could happen if it would spread , cause they no more can control it


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 13, 2017, 08:26:15 AM
For big e-commerce use of bitcoin in the next few years won't bring big benefit. Users of cryptocurrency are early followers for today. Those who believe in them, despite immaturity of cryptocurrencies for use in the market. Yet there is no sufficient critical mass of users who will be able to use every day bitcoin as means of payment instead of traditional means of payment

I don't think so mate.
In 2010 you can tell we are early adopter, but as mass media all over the world is talking about it, it's anymore something restricted to some port of human kind - everyone could easily open their wallet and start accept and pay with it. It pretty easy, don't you think ?
You have only to take e pic of the QRcode and that's it !


Title: Re: When Giants E-commerce start to accept BTC?
Post by: PizzaBTC on November 14, 2017, 06:36:29 AM
With bitpay and many other plugins it is now possible for online stores to easily accept bitcoins as a payment method. I believe this will be even more mainstream in the ear future.
Allot of the online and the offline stores are being use by the people and this is the reason why the bitcoin is now increasing in the power and this is the reason why the bitcoin is now being more and more famous so hold the bitcoin and try to buy the bitcoin at the online shopping and the bitcoin will help the people as the currency of the online and the of line at the same time.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: sofi@ on November 14, 2017, 06:41:58 AM
The online wallet we are currently using here in our country (coins.ph) offers online shopping and bills payment and you we can directly deduct the payment thru our bitcoin wallet, we don't need to convert it into peso before processing the transaction and it is very convenient and reliable. If this thing is possible in my country I guess Amazon or Alibaba will soon adopt the technology and the market of bitcoin and I am confident this could happen very soon. Let's just wait and see.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 16, 2017, 07:15:59 AM
The online wallet we are currently using here in our country (coins.ph) offers online shopping and bills payment and you we can directly deduct the payment thru our bitcoin wallet, we don't need to convert it into peso before processing the transaction and it is very convenient and reliable. If this thing is possible in my country I guess Amazon or Alibaba will soon adopt the technology and the market of bitcoin and I am confident this could happen very soon. Let's just wait and see.


Very cool! It seems to me a very efficent way of paying
I hope so too
Let's see, but I'm quite sure it'll happen very soon


Title: Re: When Giants E-commerce start to accept BTC?
Post by: ajmapalo22 on November 16, 2017, 07:31:25 AM
Amazon plans to expand it's target market and possibly focus on a wide range market around the world with this payment facilities will involve different currencies which up to this moment every one uses dollars but if bitcoin will be considered it would be much efficient and convenient for the people to acces amazon's shop I guess these company is already looking towards this digital currency and maybe soon in the future we will be getting goods from amazon using bitcoin


Title: Re: When Giants E-commerce start to accept BTC?
Post by: crypto-curious on November 16, 2017, 07:34:20 AM
Once world governments recognise them as legal tender, they will be accepted....This may be in the near future....fingers crossed.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: iram1011 on November 16, 2017, 07:40:50 AM
Alibaba and Amazon are global e-commerce companies. They are targeting almost every part of the internet users. Bitcoin has gained some attention at global level only this year properly. Some giant financial companies and banks are getting into it now. Possibly we will see some e-commerce giants getting into Bitcoin or cryptos in 2018. This is the high time to take advantage of growing popularity of cryptocurrencies.

So, my answer is soon!


Title: Re: When Giants E-commerce start to accept BTC?
Post by: RayvenPierre on November 16, 2017, 07:43:41 AM
The highly volatile price of bitcoin is a big factor to consider but I think these e-commerce groups and companies will not make a big move like accepting bitcoin as a payment not until the governments has considered bitcoin as legal. I may be wrong on this but in my point of view e-commerce does not want to lose money that they might make from bitcoin if the governments suddenly declared it illegal or ban it.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: DARKANGEL6415 on November 16, 2017, 07:44:17 AM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

A member already spoken about Purse so I will not talk about it. But there are some challenges for bitcoin to be accepted as a payment option in giant retail shops and e-commerce websites. Let me list down a few for you,

1. Fluctuating value: Bitcoin's value is dynamic and keeps fluctuating from one end to another within a very short period of time. So if you see a product price is 0.015 bitcoin now, it may change to 0.017 while checking out. E-commerce companies need a way to fight such fluctuations. Because it posses a huge risk on their profitability.

2. Transaction confirmation time: Currently bitcoin transactions usually take around 30 minutes if you pay suitable network fees. SO if you order something, your trade request won't get confirmed before the payment comes to their wallet. The system will have to keep checking for the transaction confirmation and then they can release the product for further processing and shipping. That isn't convenient.

3. Legal status of bitcoin: That is one of major challenges for bitcoin to be accepted as a payment gateway. The legal status of bitcoin is still not clear in majority of the countries. So e-commerce stores will not want to burn their hands on to something like this. They need transparency around their business.

I think these are the three major roadblocks for bitcoin to be accepted as a real payment gateway. It looks good now as an investment asset but not as a currency, at least for now. We need a faster and more stable crypto currency to become mainstream. Sad reality!

While you do make some valid points you dont need to be the flash to pay using bitcoin.  I have bought stuff online from tigerdirect.com, booked vacation from expedia.com and i even paid my satellite tv service bill one time using bitcoin. Normally when you check out you will be given a bitcoin address to send payment to. Normally it is good for up to 1 hour before you have to redo it. If those options not to your liking the get coinbase account and get a shift card to link it to use as instant purchase.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: CryptoBry on November 16, 2017, 07:48:09 AM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC. Do you ever think this is gonna happen or not? I mean, little and local e-shop are supporting nowadays the cryptocurrency Gateway; why instead do they seem to be late adopters? And if yes, when do you think it will happen?

Everybody is talk about Amazon, Ebay, McDonalds, Apple, GooleAds, AliBaba etc. but there is no solid indicators for this clue. It's totally rumor. Because bitcoin's status is still unknown and companies can't announce they will accept bitcoin as a payment method. Very obvious fact for us I believe.

Everybody in the Bitcoin community is longing for the time when the big names in eCommerce would be accepting Bitcoin directly into their payment system...in fact just the rumor of Amazon getting into Bitcoin was enough for the market to surge ahead in price...just imagine if one day this can already be true and we already have the announcement about it direct from Amazon itself...that would be an event worth watching.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Morchid on November 16, 2017, 07:50:59 AM
I bought some Minoxidil for my hair at Minoxidilking.com 

They accepted bitcoin as payment.  ;)


Title: Re: When Giants E-commerce start to accept BTC?
Post by: poplolnman on November 16, 2017, 08:06:21 AM
The highly volatile price of bitcoin is a big factor to consider but I think these e-commerce groups and companies will not make a big move like accepting bitcoin as a payment not until the governments has considered bitcoin as legal. I may be wrong on this but in my point of view e-commerce does not want to lose money that they might make from bitcoin if the governments suddenly declared it illegal or ban it.
if they do deeper research on how bitcoin are promising and full of profit opportunity they might would make a move , unfotunately they are giving up before even they start. i don't know if then they are planning something secretly involve bitcoin but there is a news about amazon preparing to accept bitcoin soon? see here http://fortune.com/2017/11/02/amazon-cryptocurrency-domain-name-registration/


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Sithara007 on November 16, 2017, 08:10:28 AM
I don't think that the e-commerce giants (Ebay, Amazon, Alibaba.etc ) will accept Bitcoin in the near future, because they have partnerships and special deals with other payment processors such as PayPal, Visa and Master. I don't think that right now either BitPay or Coinbase is capable of giving such deals to their clients.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: mondobitcoin on November 16, 2017, 08:14:12 AM
I think really soon, because more and more people are interested to bitcoin
Today we can see that more e-commerce are already accepting bitcoin like payment system
So we need to wait and maybe in the future we can use bitcoin everywhere


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Nefarious on November 16, 2017, 08:49:45 AM
I think we're still a while off from this, mainly due to the extreme price volatility.

Huge companies like Amazon wouldn't take the risk with their high turnover. Imagine bitcoin price suddenly crashed overnight due to latest unexpected FUD, their income would be impacted so severely! It just wouldn't be worth the financial risk even with the market being so bullish atm. Additionally, with this overall BTC price trend constantly going up, would any of us actually want to use our bitcoins rather than fiat for transactions on a regular basis?  Imagine spending BTC to buy a new phone on Amazon today then finding out a year down the line that same BTC could've bought you a yacht!


Title: Re: When Giants E-commerce start to accept BTC?
Post by: 1Referee on November 16, 2017, 09:02:37 AM
in fact just the rumor of Amazon getting into Bitcoin was enough for the market to surge ahead in price...
Market movers don't buy themselves into possibly fake news articles, and especially not when they aren't holding any value (i.e no facts to back it up). Merchant adoption is no longer something that influences the market like it did back in the days. But just out of curiosity, when and how much did the price go up due to Amazon, according to you?

just imagine if one day this can already be true and we already have the announcement about it direct from Amazon itself...that would be an event worth watching.
I don't see this as something interesting, honestly. It's mostly the noobs that get excited about this because they think it's cool to use Bitcoin to pay for things over at Amazon. It doesn't change anything when it comes to people's actual "problem", which is a lacking will to spend something that is destined to increase in value even further.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 16, 2017, 02:26:22 PM
Amazon plans to expand it's target market and possibly focus on a wide range market around the world with this payment facilities will involve different currencies which up to this moment every one uses dollars but if bitcoin will be considered it would be much efficient and convenient for the people to acces amazon's shop I guess these company is already looking towards this digital currency and maybe soon in the future we will be getting goods from amazon using bitcoin

For them it'll be definatly a solution to wider their possibility and take new and come back costumers with other option of payments like Criptocurriencies. I think they are discussing it, they are not stupid, but there are some parts that are not so easy to implenent.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 16, 2017, 02:29:39 PM
Alibaba and Amazon are global e-commerce companies. They are targeting almost every part of the internet users. Bitcoin has gained some attention at global level only this year properly. Some giant financial companies and banks are getting into it now. Possibly we will see some e-commerce giants getting into Bitcoin or cryptos in 2018. This is the high time to take advantage of growing popularity of cryptocurrencies.

So, my answer is soon!

I think the same.
They can even growth much more with this option - and because every company wants to increase their value - they are considering it of course. It does not take too mucj..


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Denies on November 16, 2017, 02:44:01 PM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

I'm not too sure, maybe in the future there will be many new and more sophisticated innovations, I think it will take a long time for them to receive and engage in bitcoin. I think slowly all will be bitcoin in time.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: shield132 on November 16, 2017, 02:52:44 PM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?
It will be never done because amazon won't request you signing message from your adress for verification, bitcoin can cause some financial lose for them and it's not their politic too, amazon's aim is amazonpay, ebay's aim is paypal, these two giants won't accept bitcoin, can say the same about walmart and beauty products sellers like chanel, gucci and etc.
Also did you think about refund? I bought something with 0.1 bitcoin but then price rised a lot, they won't give me back 0.1 or it will be huge loss for them. And also it's not problem to have visa and exchange bitcoin.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: poletando on November 16, 2017, 03:04:44 PM
if its happens i think the other online shop will start to use bitcoin as the payment to.. because other online shop will start the same thing with the big company like add feature like the biggest company, with some hope they will popular like the other and will makes customer interested into their website


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Ilegendph on November 16, 2017, 03:15:00 PM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?
It will be never done because amazon won't request you signing message from your adress for verification, bitcoin can cause some financial lose for them and it's not their politic too, amazon's aim is amazonpay, ebay's aim is paypal, these two giants won't accept bitcoin, can say the same about walmart and beauty products sellers like chanel, gucci and etc.
Also did you think about refund? I bought something with 0.1 bitcoin but then price rised a lot, they won't give me back 0.1 or it will be huge loss for them. And also it's not problem to have visa and exchange bitcoin.
I think its already done since Microsoft is now accepting bitcoin. Read it here https://support.microsoft.com/en-us/help/13942/microsoft-account-add-money-with-bitcoin (https://support.microsoft.com/en-us/help/13942/microsoft-account-add-money-with-bitcoin). About the refund, I think that should have a solution already since they accept different currency using paypal, maybe what they can do is that the value of product should be looked on one currency only to avoid confusions.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: IsaacBitcoiner on November 16, 2017, 03:46:24 PM
In the past there were big websites, like newegg.com, trying to accept Bitcoin, but there were not so many people buying things with it. I guess now the user base is much larger, but I'm not hurry to see Bitcoin in these websites. They know which time is best for it.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: skyline247 on November 16, 2017, 05:29:07 PM
Giant E-commerce stores are probably not accepting BTC because they do not want to pay taxes on it. They are probably buying it privately and stashing reserves. Or they just do not believe BTC is worth using as a payment system right now, which is understandable as it's not there yet. No crypto is ready to handle the whole world yet so people just have to wait until it scales to that point.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Altas on November 16, 2017, 05:36:05 PM
Similar such information roll out often, but none has made official statement of bitcoin acceptance into their business. Maybe in the future things will change in relation to the growth taking place in all fields through the innovative technology which is the backbone for our bitcoin.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: vibingpositively on November 16, 2017, 05:56:19 PM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

Well they can be late adopters because they have the most time and resources to figure out if they want to undertake new technology. It is in the best interest of the little shops to undertake any new innovation as this gives

them a leg up on their bigger rivals. The bigger fish however they dont have to sweat because they can make a big time move any day of the week and that is why they hold back I think. They are waiting until everything is

confirmed and they know it is supremely profitable. That is how the big guys do it and that is how they stay ahead (although it looks like they are lagging). I do think integration will happen give it maybe 5 years time though.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 16, 2017, 06:13:06 PM
The highly volatile price of bitcoin is a big factor to consider but I think these e-commerce groups and companies will not make a big move like accepting bitcoin as a payment not until the governments has considered bitcoin as legal. I may be wrong on this but in my point of view e-commerce does not want to lose money that they might make from bitcoin if the governments suddenly declared it illegal or ban it.

I think you are write.
They are scared about that goverments could ban their activity if they start to accept sonething that is not totally legal as acception a curriency differenf.

The volatile price it's not such a big deal...


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 16, 2017, 06:16:21 PM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

A member already spoken about Purse so I will not talk about it. But there are some challenges for bitcoin to be accepted as a payment option in giant retail shops and e-commerce websites. Let me list down a few for you,

1. Fluctuating value: Bitcoin's value is dynamic and keeps fluctuating from one end to another within a very short period of time. So if you see a product price is 0.015 bitcoin now, it may change to 0.017 while checking out. E-commerce companies need a way to fight such fluctuations. Because it posses a huge risk on their profitability.

2. Transaction confirmation time: Currently bitcoin transactions usually take around 30 minutes if you pay suitable network fees. SO if you order something, your trade request won't get confirmed before the payment comes to their wallet. The system will have to keep checking for the transaction confirmation and then they can release the product for further processing and shipping. That isn't convenient.

3. Legal status of bitcoin: That is one of major challenges for bitcoin to be accepted as a payment gateway. The legal status of bitcoin is still not clear in majority of the countries. So e-commerce stores will not want to burn their hands on to something like this. They need transparency around their business.

I think these are the three major roadblocks for bitcoin to be accepted as a real payment gateway. It looks good now as an investment asset but not as a currency, at least for now. We need a faster and more stable crypto currency to become mainstream. Sad reality!

While you do make some valid points you dont need to be the flash to pay using bitcoin.  I have bought stuff online from tigerdirect.com, booked vacation from expedia.com and i even paid my satellite tv service bill one time using bitcoin. Normally when you check out you will be given a bitcoin address to send payment to. Normally it is good for up to 1 hour before you have to redo it. If those options not to your liking the get coinbase account and get a shift card to link it to use as instant purchase.

Are you saying you paid a trip on Expedia using Bitcoin? Wow that's amazong I did not know it was possible  :o


Title: Re: When Giants E-commerce start to accept BTC?
Post by: william8829 on November 16, 2017, 06:24:02 PM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

Put yourself in their shoes.  You are a company with tens of thousands of employees and a company worth hundreds of billions of dollars and a working model using credit/debit and some digital currencies like Paypal backed by fiat.  Would you change?  Do you need to change?  Would you invest in a currency that has has dipped and rallied huge percentages in hours?  


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Samarkand on November 16, 2017, 06:41:10 PM
...

Put yourself in their shoes.  You are a company with tens of thousands of employees and a company worth hundreds of billions of dollars and a working model using credit/debit and some digital currencies like Paypal backed by fiat.  Would you change?  Do you need to change?  Would you invest in a currency that has has dipped and rallied huge percentages in hours?  

You are missing a possibility - accept BTC payments using a service like Bitpay or Coinpayments that covers the exchange rate risk for you.
If you integrate BTC or another cryptocurrency using a provider like this, you definitely don´t have to worry anymore
about a highly volatile exchange rate.

The solutions to the problem mentioned by you have been working flawlessly for years.



Title: Re: When Giants E-commerce start to accept BTC?
Post by: Diggorry on November 16, 2017, 06:52:07 PM
I have heard that amazon has prepared to accept bitcoin as a new payment channel,


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Rggadi on November 16, 2017, 06:58:45 PM
I have heard that amazon has prepared to accept bitcoin as a new payment channel,

That can be a real revolution for bitcoin


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Paul stuart on November 16, 2017, 07:02:00 PM
bitcoin is too volatile, so not taken seriously


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Domenc on November 16, 2017, 07:08:29 PM
Even if, one giant E-commerce site starts accepting Bitcoin, it will surely become an example for others. As, payment using BTC can be beneficial both for the company and the customers as both will be able to enjoy the volatile nature of Bitcoin but only thing one need to worry about is government as they can raise an issue against payments using Bitcoin.
Why? Because government cannot track the income and expenditure of a citizen as Bitcoin transactions will be completely anonymous. So, proper regulations might be needed before implementing Bitcoin as a payment method.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Delarock on November 16, 2017, 07:10:25 PM
Amazon subsidiary is buying crypto related domain names so I think their onto something in the near future. As always, we just have to wait


Title: Re: When Giants E-commerce start to accept BTC?
Post by: anthinguy21 on November 16, 2017, 07:27:12 PM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?
I don't think this can happen because it's risky that big business does not accept that risk because it fluctuates constantly.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 16, 2017, 08:20:41 PM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

Put yourself in their shoes.  You are a company with tens of thousands of employees and a company worth hundreds of billions of dollars and a working model using credit/debit and some digital currencies like Paypal backed by fiat.  Would you change?  Do you need to change?  Would you invest in a currency that has has dipped and rallied huge percentages in hours?  

Your words makes sense to me.
If you anyway want constantly to improve your revenues and makes new costumers you have to look something odds right?
In that case they might have to..


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 16, 2017, 08:23:45 PM
Even if, one giant E-commerce site starts accepting Bitcoin, it will surely become an example for others. As, payment using BTC can be beneficial both for the company and the customers as both will be able to enjoy the volatile nature of Bitcoin but only thing one need to worry about is government as they can raise an issue against payments using Bitcoin.
Why? Because government cannot track the income and expenditure of a citizen as Bitcoin transactions will be completely anonymous. So, proper regulations might be needed before implementing Bitcoin as a payment method.


Great point.
The problem is what you mentioned: the taxes. The Goverments cannot control how much they gain so the money they'll receive because of taxes


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 16, 2017, 08:25:03 PM
Amazon subsidiary is buying crypto related domain names so I think their onto something in the near future. As always, we just have to wait

Who knows, maybe they are coding their Crypto because their influence. Who the hell can even know what we'll see tomorrown  ???  ??? :o


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 16, 2017, 08:26:15 PM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?
I don't think this can happen because it's risky that big business does not accept that risk because it fluctuates constantly.

Have you eard about BitPay and Cointransation that was mention before ?


Title: Re: When Giants E-commerce start to accept BTC?
Post by: romecheo on November 16, 2017, 09:20:28 PM
E-commerce, shopping online, buy and sell, services and many more are cannot escape from adapting crypto currencies as payment.

1 to 2 years from now Amazon, Alibaba, ebay, etc. will accept payment thru crypto currencies.

and for Amazon they already have a plan for crytocurrencies, you may read more at the link https://www.investopedia.com/news/could-amazon-be-getting-cryptocurrency/ (https://www.investopedia.com/news/could-amazon-be-getting-cryptocurrency/)

There are many more business, e-commerce that accept Bitcoin for their services and product.

https://steemit.com/bitcoin/@steemitguide/2017-top-list-of-big-companies-that-accept-bitcoin-and-cryptocurrencies (https://steemit.com/bitcoin/@steemitguide/2017-top-list-of-big-companies-that-accept-bitcoin-and-cryptocurrencies)


Title: Re: When Giants E-commerce start to accept BTC?
Post by: william8829 on November 16, 2017, 10:42:45 PM
...

Put yourself in their shoes.  You are a company with tens of thousands of employees and a company worth hundreds of billions of dollars and a working model using credit/debit and some digital currencies like Paypal backed by fiat.  Would you change?  Do you need to change?  Would you invest in a currency that has has dipped and rallied huge percentages in hours?  

You are missing a possibility - accept BTC payments using a service like Bitpay or Coinpayments that covers the exchange rate risk for you.
If you integrate BTC or another cryptocurrency using a provider like this, you definitely don´t have to worry anymore
about a highly volatile exchange rate.

The solutions to the problem mentioned by you have been working flawlessly for years.



I think using Bitcoin is a good idea but im not a business owner.  I dont believe large corporations need Bitcoin right now.  Maybe later ;)
Flawlessly may be a stretch.  Bitpay has shown it is willing suspend service during uncertain times. http://www.zdnet.com/article/bitpay-to-shutter-services-during-segwit2x-hard-fork/
Thats not good for business.

Your words makes sense to me.
If you anyway want constantly to improve your revenues and makes new costumers you have to look something odds right?
In that case they might have to..

Good point.  Your either growing or shrinking. nothing stays the same.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: iqlimasyadiqa on November 16, 2017, 10:44:51 PM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?
It will all happen to me. we have to wait some more time until everything looks better prepared.
I have seen the development of the use of Bitcoin and this is one point that will soon be realized by big companies.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Forward_Thinking on November 16, 2017, 11:20:42 PM
why instead do they seem to be late adopters?
The number of small retailers is pretty low.  The difference is that they don't have a huge amount of resources to consider it, so their acceptance of BTC is somewhat experimental and they don't expect huge amounts of customers to be paying with it.

There's also the fact that BTC users are quite specific audiences, so very general audiences like Amazon may not be interested enough for it.  A VPN provider or porn site is more likely to accept BTC than Amazon or another major retailer.

As for adoption, I'd say it was happening more when the price was lower.  We're still mentioning the addition of one retailer at a time rather than giving general statistics or information.

If you really need to use those major services, you could try converting BTC to gift cards or using indirect systems like Purse.

I know a group that is trying to change this. Contact me directly if you want to know more. I don't want to spam the thread. But I agree with you. BTC is supposed to help us buy things online and that has been really slow to happen. But again, I know a team trying to fill that gap.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 19, 2017, 02:58:27 PM
E-commerce, shopping online, buy and sell, services and many more are cannot escape from adapting crypto currencies as payment.

1 to 2 years from now Amazon, Alibaba, ebay, etc. will accept payment thru crypto currencies.

and for Amazon they already have a plan for crytocurrencies, you may read more at the link https://www.investopedia.com/news/could-amazon-be-getting-cryptocurrency/ (https://www.investopedia.com/news/could-amazon-be-getting-cryptocurrency/)

There are many more business, e-commerce that accept Bitcoin for their services and product.

https://steemit.com/bitcoin/@steemitguide/2017-top-list-of-big-companies-that-accept-bitcoin-and-cryptocurrencies (https://steemit.com/bitcoin/@steemitguide/2017-top-list-of-big-companies-that-accept-bitcoin-and-cryptocurrencies)

Didn't know that. Thanks for sharing  ;)
Anyway I think the same. Look back just 10 months ago and how much not only the proce but all the world is talking about it and it continues to grow - something big is gonna happen !
And it needs to come from a Top player of the market..


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 20, 2017, 03:13:44 PM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?
It will all happen to me. we have to wait some more time until everything looks better prepared.
I have seen the development of the use of Bitcoin and this is one point that will soon be realized by big companies.

Dinately. We have to wait a little more..but just see what happen since last year  :o


Title: Re: When Giants E-commerce start to accept BTC?
Post by: sirkings0003 on November 20, 2017, 07:37:33 PM
I am very sure those big e-commerce enterprise would adjust. It is all about a matter of time. I am confident about this because, some start-ups that would accept crypto as means of payment are coming up and many for that matter


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Palmerson on November 20, 2017, 07:48:33 PM
I'm not sure what it will bring to them. The problem with the government they have to be. On the other hand, all users trying to store their coins in order to get rich in the future. The majority of purchases customers make for Fiat. In this case, the implementation of the ability to make purchases with bitcoin but trouble?


Title: Re: When Giants E-commerce start to accept BTC?
Post by: athanz88 on November 21, 2017, 02:08:25 AM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

The reason why local e-shop are supporting bitcoin nowadays is because they want to earn bitcoin and make a fortune of it, because bitcoin price is growing, and by holding, they will earn more than the initial price of the product they are selling. Plus, they dont have to deal with tax if they use bitcoin as a transaction i guess. They are looking and risking this chance because they are not as rich as the big giant e-commerce, while big giant e-commerce already have a fortune and stable one.
But as bitcoin grows, i am sure all of big giant e-commerce, or big vendor, or big merchant, already put a thought on how to apply it to their respective market. Maybe they are doing some calculation, regulation, law studying, and more for now, but i am really sure they will adapt crypto currency (maybe only bitcoin) as ther payment option in couple years


Title: Re: When Giants E-commerce start to accept BTC?
Post by: 24core on November 21, 2017, 02:14:13 AM
Accepting bitcoins in online stores is now very easy to do with plugins, api's etc...  The only problem with bitcoin is the transaction speed can sometimes be very slow which will stop people from using it if it takes hours to confirm a transaction.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Cedrick on November 21, 2017, 02:26:47 AM
Accepting bitcoins in online stores is now very easy to do with plugins, api's etc...  The only problem with bitcoin is the transaction speed can sometimes be very slow which will stop people from using it if it takes hours to confirm a transaction.
I get your point. But it is not totaly used, it is not officially. I think that is one of the problem, that it takes a hour to confirm and successfully transfer. But someday let see what wil happen. If its official.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: King Sastro on November 21, 2017, 02:39:46 AM
Marketcap cryptocurrency has reached more than $ 200 billion, and more than 50% is bitcoin, I'm sure bitcoin will not be stopped by anyone so the easy way for corporate giants is to accept bitcoin to attract customers.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: vv181 on November 21, 2017, 02:43:34 AM
I hear a rumor that Costco Wholesale and Walmart will be trialing bitcoin as a form of payments in early 2019, that is really a good sign, I bet in the near end of 2019, almost everyone will accept bitcoin. I hope with the rumor of both companies using bitcoin its attract more company especially E-commerce company to use bitcoin.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: SummonKing2 on November 21, 2017, 02:50:36 AM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

Because they saw the potential of bitcoins. They saw its rapid development. And of course, because of its demand it is more likely to increase their company's profits. So they start accepting it as a form of payment. Because no payment hassle can speed up their transactions and their clients. And we expect many more companies to get bitcoins to pay for their services or their products.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: 10yearsolder on November 21, 2017, 02:51:20 AM
I hear a rumor that Costco Wholesale and Walmart will be trialing bitcoin as a form of payments in early 2019, that is really a good sign, I bet in the near end of 2019, almost everyone will accept bitcoin. I hope with the rumor of both companies using bitcoin its attract more company especially E-commerce company to use bitcoin.

This is the beginning. These large companies must have already heard about Bitcoin and its being widely used. However, the primary concerns when all these will start will be the confirmation time as well as the transaction fees. I think this is going to be addressed urgently. Otherwise, these companies will not proceed with Bitcoin payment. There are actually simple shops that accept Bitcoin but it seems more convenient to use fiat most of the time these days.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: Synaesthesia on November 21, 2017, 03:23:54 AM
Now eBay has accepted Bitcoin in payment, Amazon is considering accept Bitcoin for payment. I think that in the near future, all e-commerce platform can't refuse Bitcoin.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 23, 2017, 09:05:17 AM
Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

The reason why local e-shop are supporting bitcoin nowadays is because they want to earn bitcoin and make a fortune of it, because bitcoin price is growing, and by holding, they will earn more than the initial price of the product they are selling. Plus, they dont have to deal with tax if they use bitcoin as a transaction i guess. They are looking and risking this chance because they are not as rich as the big giant e-commerce, while big giant e-commerce already have a fortune and stable one.
But as bitcoin grows, i am sure all of big giant e-commerce, or big vendor, or big merchant, already put a thought on how to apply it to their respective market. Maybe they are doing some calculation, regulation, law studying, and more for now, but i am really sure they will adapt crypto currency (maybe only bitcoin) as ther payment option in couple years

Great point of view buddy.
I think BTC now is seen as a form of investment for too many players inside the market and it's less and less a form of digital payments because as you were saying its value continues to grow ( and hopefully for us it'll never stop  ;D ;D ) - and yet there is the problem with the taxes and government stuff.
So I only see other Cryptos as form of payments different from BTC for now.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 23, 2017, 09:09:21 AM
Accepting bitcoins in online stores is now very easy to do with plugins, api's etc...  The only problem with bitcoin is the transaction speed can sometimes be very slow which will stop people from using it if it takes hours to confirm a transaction.

Hi mate,
we have the same idea  ;)
BTC as seen too much as a form of investment for the future like gold was a hundreds ( mmm no sorry just a few years  ;D ;D) ago..
So as you might agree, there are plenty of great Altcoin ( and of course there are shitcoins too ) that can solve the problem you mentioned.

Because if also the local retailer like big one start to see cryptos and try to adopt it, it needs to be better to what are Credit Cards nowadays


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 23, 2017, 09:13:45 AM
I hear a rumor that Costco Wholesale and Walmart will be trialing bitcoin as a form of payments in early 2019, that is really a good sign, I bet in the near end of 2019, almost everyone will accept bitcoin. I hope with the rumor of both companies using bitcoin its attract more company especially E-commerce company to use bitcoin.

That's great, I've never read the news about it.
I think it can happen sooner, like in the next couple of months with the new year 2018. But BTC needs to solve the problems such as speed of confirmation, fees because it's no convenient to switch from a credit card system for a small but even a giant retailers.

There are basically 2 alternatives:
- they start accepting BCH or BCC because it was designed to that purpose
- BTC fix that problems mentioned


Title: Re: When Giants E-commerce start to accept BTC?
Post by: DoublerHunter on November 23, 2017, 10:37:37 AM
When their countries started to make bitcoin legal then that is the time i think that bitcoin will be accepted in their business because if bitcoin is accepted and fully legalized in their country then it will be easier for them to not have problems with bitcoin because it is legal and they can just accept it and use it like a regular money.


Title: Re: When Giants E-commerce start to accept BTC?
Post by: luxcoin on November 25, 2017, 09:58:16 AM
When their countries started to make bitcoin legal then that is the time i think that bitcoin will be accepted in their business because if bitcoin is accepted and fully legalized in their country then it will be easier for them to not have problems with bitcoin because it is legal and they can just accept it and use it like a regular money.

I think the same buddy.
We have to wait until some countries state its completely legalisation and then they also business like small but event big will start to accept and make it happen. I hope this will happen soon because we need such a different money from fiat because we cannot trust central banks anymore!