Bitcoin Forum

Economy => Service Announcements => Topic started by: mocker001 on November 28, 2018, 04:05:09 AM



Title: Buy in Amazon with Bitcoins.
Post by: mocker001 on November 28, 2018, 04:05:09 AM
Yes, you can buy stuff on Amazon using BTC. There is a wallet called Ipayyou (it is 2 years old age now) that allows you to buy on Amazon using your bitcoins. The wallet has a featured called “Amazon Direct” that lets you transfer any dollar amount of bitcoin to use for purchases on Amazon. I might be mistaken but I think this is the only way, for now, to buy things on amazon using bitcoins.

For more information check:https://bitcoinexchangeguide.com/ipayyou/

or visit : https://wallet.ipayyou.io/


Title: Re: Buy in Amazon with Bitcoins.
Post by: mk4 on November 28, 2018, 04:08:47 AM
I might be mistaken but I think this is the only way, for now, to buy things on amazon using bitcoins.

You can also use Purse[1], and you can get discounts too! I've read decent reviews about it though I really haven't tried it myself. If only Amazon doesn't charge abysmal internetional shipping fees.


[1] https://purse.io/


Title: Re: Buy in Amazon with Bitcoins.
Post by: everybetsports on November 28, 2018, 04:10:02 AM
Errr. I would suggest all members here to be weary of utilizing this service. There is no proper contact information, company information, owner information available on this website.

Even worse, they apparently hold user's PRIVATE keys in order to utilize their service.

Quote
Re: Private Keys: We hold them because typical, non-technical users lose them. We handle dozens of "Lost Password" resets daily. If they held their own keys, they would lose all access to funds with no recovery. Of course, most wallets don't care if their customers lose private keys as long as it's not their fault. We do care about our customers.
- via, their official Reddit account.


Title: Re: Buy in Amazon with Bitcoins.
Post by: elloco4ever on November 28, 2018, 04:46:51 AM
Went through few links for buy in Amazon through Bitcoin itseems like we need more clarity, one the other end it looks like scam. Well if things goes big like shopping carts accept payment through cryptos then its time to jump on cryptos, I believe digital currency will change the life style of this world. Hopefully we are nearing to the new generation.


Title: Re: Buy in Amazon with Bitcoins.
Post by: millgates on November 28, 2018, 04:56:00 AM
I might be mistaken but I think this is the only way, for now, to buy things on amazon using bitcoins.

You can also use Purse[1], and you can get discounts too! I've read decent reviews about it though I really haven't tried it myself. If only Amazon doesn't charge abysmal internetional shipping fees.


[1] https://purse.io/
Correct, actually there many vendors who help us to use bitcoin to buy good, service or even pay tuition. One of my favorite is purse.io . It seems the way it works is almost the same. And actually amazon don't really receive bitcoin but still recieve fiat, all transactions is managed by those vendors.


Title: Re: Buy in Amazon with Bitcoins.
Post by: Kakmakr on November 28, 2018, 05:48:48 AM
The problem I have with services like this is the return policy when something goes wrong. I think they buy goods on your behalf and then add shipping fees to send the goods to you, so you not dealing with Amazon directly.  ???

The reason why Purse.io is getting things at a discount price, is because they are buying a lot of goods via their account and they pass some of the discounts onto the users that use their services.

I would rather deal with Amazon directly, because you know they offer you some protection, when something goes wrong.  ???


Title: Re: Buy in Amazon with Bitcoins.
Post by: MMS2017 on November 28, 2018, 06:05:00 AM
it is a good achievement that amazon can accept bitcoin and i like to use bitcoin for the online payment of many things and i hope that in the near future many companies will accept crypto  for future and bitcoin is the ever green currency for the new generation. it will more rise in the services industry in the coming years.


Title: Re: Buy in Amazon with Bitcoins.
Post by: funchiestz on November 28, 2018, 06:53:12 AM
Yes, you can buy stuff on Amazon using BTC. There is a wallet called Ipayyou (it is 2 years old age now) that allows you to buy on Amazon using your bitcoins. The wallet has a featured called “Amazon Direct” that lets you transfer any dollar amount of bitcoin to use for purchases on Amazon. I might be mistaken but I think this is the only way, for now, to buy things on amazon using bitcoins.

For more information check:https://bitcoinexchangeguide.com/ipayyou/

or visit : https://wallet.ipayyou.io/

We need officially payment method with BTC. This is the only way to contribute for cryptocurrencies. Bitcoin need accepting from anywhere. But Amazon would be great.


Title: Re: Buy in Amazon with Bitcoins.
Post by: kentrolla on November 28, 2018, 07:19:21 AM
If this is true then a lot news and links might have came about this because Amazon is very big and number one e-commerce site in the world also the whole world is using Amazon across the globe, the link which you have provided is not at trust worthy mate. If this is true then I assume it as miracle's are often happens in crypto too. Kidding mate give a true information.


Title: Re: Buy in Amazon with Bitcoins.
Post by: StrangeDominic on November 28, 2018, 07:32:25 AM
is it real? can't believe they accept BTC. can you give me more information? thank you


Title: Re: Buy in Amazon with Bitcoins.
Post by: Nickcerny on November 28, 2018, 07:55:36 AM
No,amazon does not allow Bitcoin as a payment method. Amazon doesn't accept Bitcoins directly, you can use a service called Purse to convert your e-monies to Amazon gift cards that can then be used to buy products on the e-commerce platform.The gift card holders purchase the item you choose for you in exchange for Bitcoin, which is the easiest way to redeem an Amazon gift card for money.


Title: Re: Buy in Amazon with Bitcoins.
Post by: RondoAnyar on November 28, 2018, 08:11:40 AM
Yes, you can buy stuff on Amazon using BTC. There is a wallet called Ipayyou (it is 2 years old age now) that allows you to buy on Amazon using your bitcoins. The wallet has a featured called “Amazon Direct” that lets you transfer any dollar amount of bitcoin to use for purchases on Amazon. I might be mistaken but I think this is the only way, for now, to buy things on amazon using bitcoins.

For more information check:https://bitcoinexchangeguide.com/ipayyou/

or visit : https://wallet.ipayyou.io/
Amazon has now implemented good things for a technology like Bitcoin, Amazon can put the position of Bitcoin for media sales like money. so I think this is a good thing for buyers on Amazon, especially crypto users, so this makes sales easier.


Title: Re: Buy in Amazon with Bitcoins.
Post by: velive08 on November 28, 2018, 09:58:41 AM
Amazon has become an online buying and selling site that is now developing bitcoin payments, so I think this is something that might be the best moment for buyers on the Amazon site to use crypto.


Title: Re: Buy in Amazon with Bitcoins.
Post by: mk4 on November 28, 2018, 10:04:53 AM
Amazon has become an online buying and selling site that is now developing bitcoin payments, so I think this is something that might be the best moment for buyers on the Amazon site to use crypto.

Do you have any source to prove your statement? There has been rumours in the past of Amazon planning on accepting bitcoin or some other cryptocurrency. While I don't think it's impossible for Amazon to receive bitcoin in the future, no one has given any source whatsoever as proof for the rumours.


Title: Re: Buy in Amazon with Bitcoins.
Post by: Atomic.2017 on November 28, 2018, 12:17:50 PM
Oh really? Thank you for sharing. I think this is just what I need right now since they blocked my Amazon account saying that they could not verify my payment information when in fact, it's the same card I used for other online purchases. I'll go check this out.


Title: Re: Buy in Amazon with Bitcoins.
Post by: unusualfacts30 on November 28, 2018, 12:28:48 PM
Yes, you can buy stuff on Amazon using BTC. There is a wallet called Ipayyou (it is 2 years old age now) that allows you to buy on Amazon using your bitcoins. The wallet has a featured called “Amazon Direct” that lets you transfer any dollar amount of bitcoin to use for purchases on Amazon. I might be mistaken but I think this is the only way, for now, to buy things on amazon using bitcoins.

For more information check:https://bitcoinexchangeguide.com/ipayyou/

or visit : https://wallet.ipayyou.io/

I haven't used their service but it seems they hold private keys which is little bizarre for sites like that. It is interesting if it works as people are always buying things from amzon but I would suggest that if you're first time buyer, don't buy anything too expensive, buy something cheap to try it to see if it works and how smooth transaction goes before you buy anything expensive.


Title: Re: Buy in Amazon with Bitcoins.
Post by: hugeblack on November 28, 2018, 12:34:53 PM
Regardless of that service, you should be careful when it comes to service that supports BCH or promotes Roger Fair's ideas.
The fees they talk about are prohibitive, and all transactions are handled by them "Not your keys not your coins."

Bitcoin Purchases: Minimum purchase amount of $100 USD; bitcoin buy price is the same as the Coinbase buy price when you place your order.

Deposits: iPayYou charges a flat fee of 3% For ACH transfers from all listed US banks.

Selling Bitcoin: Bitcoin sell price is the same as the Coinbase bitcoin sell price; iPayYou charges a flat fee of 3% along with a small iPayYou / network fee (this is the bitcoin transaction fee, and it typically costs about $1.50 to $3).

Canceling Transactions: If you cancel a payment, iPayYou will charge a flat fee of $0.75 USD along with the small iPayYou / network fee.

Generally, it is better to deal with reliable people or companies when purchasing gift cards.

As an alternative, you can buy from Amazon using copay's[1] wallet.

BTW: move your topic to Service Discussion (https://bitcointalk.org/index.php?board=85.0)
[1] https://copay.io/ (https://copay.io/)


Title: Re: Buy in Amazon with Bitcoins.
Post by: Sinone on November 28, 2018, 01:11:13 PM
If the news is authentic then it will be one of the best achievements of bitcoin. But I have a little bit doubt is amazon accepted bitcoin to buy products? Amazon is one of the largest e-commerce sites we know so now, people will buy something on Amazon by using bitcoin. Thanks, Amazon for accepting bitcoin.


Title: Re: Buy in Amazon with Bitcoins.
Post by: Pan Troglodytes on November 28, 2018, 02:41:36 PM
Errr. I would suggest all members here to be weary of utilizing this service. There is no proper contact information, company information, owner information available on this website.

Even worse, they apparently hold user's PRIVATE keys in order to utilize their service.

Quote
Re: Private Keys: We hold them because typical, non-technical users lose them. We handle dozens of "Lost Password" resets daily. If they held their own keys, they would lose all access to funds with no recovery. Of course, most wallets don't care if their customers lose private keys as long as it's not their fault. We do care about our customers.
- via, their official Reddit account.
Well I have a standard policy of generating hard passwords and not keeping them if I use a web site only once - if a time comes I need to reuse it, I just ask for a password reset via email and that's it. When, on the other hand, I have an important password, like a bitcoin private key, I am very meticulous about storing it safely. So, I don't buy their argument at all.


Title: Re: Buy in Amazon with Bitcoins.
Post by: mk4 on November 28, 2018, 02:49:04 PM
If the news is authentic then it will be one of the best achievements of bitcoin. But I have a little bit doubt is amazon accepted bitcoin to buy products? Amazon is one of the largest e-commerce sites we know so now, people will buy something on Amazon by using bitcoin. Thanks, Amazon for accepting bitcoin.

Take a minute to actually look at the sites that's been mentioned in this thread. Amazon is currently NOT accepting bitcoin. The sites that were suggested in this thread are just sort of 3rd party services that accepts your bitcoin as payment then orders the item(s) for you through fiat.


Title: Re: Buy in Amazon with Bitcoins.
Post by: bellamente on November 28, 2018, 02:50:15 PM
It looks like a normal exchange service. I'm waiting for Amazon to start accepting bitcoin. Then the course can jump in a matter of hours by 1000%.

This can happen. And what do you think?


Title: Re: Buy in Amazon with Bitcoins.
Post by: Pan Troglodytes on November 28, 2018, 02:56:30 PM
If the news is authentic then it will be one of the best achievements of bitcoin. But I have a little bit doubt is amazon accepted bitcoin to buy products? Amazon is one of the largest e-commerce sites we know so now, people will buy something on Amazon by using bitcoin. Thanks, Amazon for accepting bitcoin.
It is not Amazon accepting bitcoin, but an independent service (with an uncertain and shady reputation) providing payments in USD for you, while you pay them in bitcoin. It is something completely different, wouldn't you think?


Title: Re: Buy in Amazon with Bitcoins.
Post by: SnapDown22 on November 28, 2018, 03:05:59 PM
if I hear it's pretty good if Amazon is already accessible with bitcoin but unfortunately in my country I haven't supported it yet I'm happy if the online shop can already be used with bitcoin


Title: Re: Buy in Amazon with Bitcoins.
Post by: Peashooter on November 28, 2018, 03:07:46 PM
Yes, you can buy stuff on Amazon using BTC. There is a wallet called Ipayyou (it is 2 years old age now) that allows you to buy on Amazon using your bitcoins. The wallet has a featured called “Amazon Direct” that lets you transfer any dollar amount of bitcoin to use for purchases on Amazon. I might be mistaken but I think this is the only way, for now, to buy things on amazon using bitcoins.

For more information check:https://bitcoinexchangeguide.com/ipayyou/

or visit : https://wallet.ipayyou.io/
As a matter of fact Amazon already accept bitcoin as payment of their costumer. I think adding bitcoin in their payment method is another good strategy to their competitors. And, I think they notice that many people have bitcoin than paper money so they add it in their payment method.


Title: Re: Buy in Amazon with Bitcoins.
Post by: gesdan on November 28, 2018, 03:21:13 PM
wow i just know about this news, so we can pay the amazon orders with ipayyou? i will check about ipayyou. maybe i will suggest my friend to use this services to pay some goods on amazon via ipayyou


Title: Re: Buy in Amazon with Bitcoins.
Post by: Tduty on November 28, 2018, 03:24:49 PM
It is a rumor or not I really don't know if it is authentic news then I would love to thank you mate. In fact, this extremely wonderful amazon accept bitcoin for buying products by paying bitcoin. Amazon is one of the leading e-commerce sites where people can easily buy products let's see is it true or not.


Title: Re: Buy in Amazon with Bitcoins.
Post by: azalea69 on November 28, 2018, 03:41:00 PM
Amazon has a point that is able to make customers easy to get products from, by giving the opportunity for bitcoin for transactions to be a good step and certainly bitcoin holders will be easy to shop on Amazon.


Title: Re: Buy in Amazon with Bitcoins.
Post by: Huskarls on November 28, 2018, 04:35:18 PM
Yes, you can buy stuff on Amazon using BTC. There is a wallet called Ipayyou (it is 2 years old age now) that allows you to buy on Amazon using your bitcoins. The wallet has a featured called “Amazon Direct” that lets you transfer any dollar amount of bitcoin to use for purchases on Amazon. I might be mistaken but I think this is the only way, for now, to buy things on amazon using bitcoins.

For more information check:https://bitcoinexchangeguide.com/ipayyou/

or visit : https://wallet.ipayyou.io/

interesting information, but are the transactions and security used so far safe enough?

there are no cases related to the security and loopholes of the system, because usually third-party applications have many disadvantages especially from the system part. Somehow I also haven't seen good news like this in cointelegraph


Title: Re: Buy in Amazon with Bitcoins.
Post by: Wingleness on November 28, 2018, 04:45:52 PM
If the news is authentic then it will be one of the best achievements of bitcoin. But I have a little bit doubt is amazon accepted bitcoin to buy products? Amazon is one of the largest e-commerce sites we know so now, people will buy something on Amazon by using bitcoin. Thanks, Amazon for accepting bitcoin.

Take a minute to actually look at the sites that's been mentioned in this thread. Amazon is currently NOT accepting bitcoin. The sites that were suggested in this thread are just sort of 3rd party services that accepts your bitcoin as payment then orders the item(s) for you through fiat.

For the fact that it's a third party website is enough reason for everyone to be weary while patronising them. Let them not receive payment and refuse processing the orders are agreed upon.


Title: Re: Buy in Amazon with Bitcoins.
Post by: esetop01tryba on November 28, 2018, 05:01:40 PM
Bitcoin is becoming more and more part of our daily lives, it remains only to wait for the time when people will go. I'm not surprised that you can buy products from Amazon for bitcoin.


Title: Re: Buy in Amazon with Bitcoins.
Post by: esetop01tryba on November 28, 2018, 05:03:32 PM
Is it for Amazon within USA or everywhere ?
Amazon and bitcoin as a global platform, so I think it will work all over the world and everyone can use this feature to pay !)


Title: Re: Buy in Amazon with Bitcoins.
Post by: dvdrewritable on November 28, 2018, 05:19:59 PM
Everybody knows Amazon is one of the popular e-commerce sites in the world it has a huge user throughout the world and the most amazing news is they accept bitcoin for buying products. If it is not a rumor then this is going to be a huge achievement for bitcoin users but have a doubt on this news.


Title: Re: Buy in Amazon with Bitcoins.
Post by: pixie85 on November 28, 2018, 09:04:07 PM
It looks like a normal exchange service. I'm waiting for Amazon to start accepting bitcoin. Then the course can jump in a matter of hours by 1000%.

This can happen. And what do you think?

Even if that happens, chances are it will be a slow process that will begin with one of the Amazon's branches, because there are branches. An account on Amazon.com doesn't equal an account at amazon.uk or amazon.de. All these have different warehouses and sell different merchandise at different prices. Not all Amazons accept purse payments.


Title: Re: Buy in Amazon with Bitcoins.
Post by: mocker001 on November 28, 2018, 09:37:58 PM
I might be mistaken but I think this is the only way, for now, to buy things on amazon using bitcoins.

You can also use Purse[1], and you can get discounts too! I've read decent reviews about it though I really haven't tried it myself. If only Amazon doesn't charge abysmal internetional shipping fees.


[1] https://purse.io/

I am going to try this purchase.io wallet and  comment what this all about


Title: Re: Buy in Amazon with Bitcoins.
Post by: mocker001 on November 28, 2018, 09:40:47 PM
It looks like a normal exchange service. I'm waiting for Amazon to start accepting bitcoin. Then the course can jump in a matter of hours by 1000%.

This can happen. And what do you think?

Even if that happens, chances are it will be a slow process that will begin with one of the Amazon's branches, because there are branches. An account on Amazon.com doesn't equal an account at amazon.uk or amazon.de. All these have different warehouses and sell different merchandise at different prices. Not all Amazons accept purse payments.

That is true I even had some troubles with someone because I thought that amazon.ca Gift Cards where the same that amazon.com


Title: Re: Buy in Amazon with Bitcoins.
Post by: bvg96634 on November 28, 2018, 09:43:28 PM
I`m wondering, how they would continue to accept, if we will go even deeper, but this for me is a hope for the bright future, they still do.


Title: Re: Buy in Amazon with Bitcoins.
Post by: mocker001 on November 28, 2018, 09:44:24 PM
Is it for Amazon within USA or everywhere ?

Amazon.com it is for America and you can buy and ship to almost all countries. If Amazon does not ship to your country you can use delivery services from other companies


Title: Re: Buy in Amazon with Bitcoins.
Post by: mocker001 on November 28, 2018, 09:53:33 PM
If the news is authentic then it will be one of the best achievements of bitcoin. But I have a little bit doubt is amazon accepted bitcoin to buy products? Amazon is one of the largest e-commerce sites we know so now, people will buy something on Amazon by using bitcoin. Thanks, Amazon for accepting bitcoin.
It is not Amazon accepting bitcoin, but an independent service (with an uncertain and shady reputation) providing payments in USD for you, while you pay them in bitcoin. It is something completely different, wouldn't you think?

Yes, but the idea of the concept still remains to pay in amazon with your bitcoins



Title: Re: Buy in Amazon with Bitcoins.
Post by: mocker001 on November 28, 2018, 09:56:07 PM
Is it for Amazon within USA or everywhere ?

Amazon.com it is for America and you can buy and ship to almost all countries. If Amazon does not ship to your country you can use delivery services from other companies

I suggest  to use usa2everywhere site for transferring parcels from USA storage to any country. Rates are cheap and affordable. I am looking for amazon gift card which can be purchased with cryptocurrencies with low fees.

You can buy Amazon.com Gift Cards in ipayyou.com but I do not know about the fees


Title: Re: Buy in Amazon with Bitcoins.
Post by: mocker001 on November 28, 2018, 10:01:07 PM
Yes, you can buy stuff on Amazon using BTC. There is a wallet called Ipayyou (it is 2 years old age now) that allows you to buy on Amazon using your bitcoins. The wallet has a featured called “Amazon Direct” that lets you transfer any dollar amount of bitcoin to use for purchases on Amazon. I might be mistaken but I think this is the only way, for now, to buy things on amazon using bitcoins.

For more information check:https://bitcoinexchangeguide.com/ipayyou/

or visit : https://wallet.ipayyou.io/

I haven't used their service but it seems they hold private keys which is little bizarre for sites like that. It is interesting if it works as people are always buying things from amzon but I would suggest that if you're first time buyer, don't buy anything too expensive, buy something cheap to try it to see if it works and how smooth transaction goes before you buy anything expensive.

yeah is the same when you are buying something with credit card in a new website


Title: Re: Buy in Amazon with Bitcoins.
Post by: ShowOff on November 28, 2018, 10:34:59 PM
Yes, you can buy stuff on Amazon using BTC. There is a wallet called Ipayyou (it is 2 years old age now) that allows you to buy on Amazon using your bitcoins. The wallet has a featured called “Amazon Direct” that lets you transfer any dollar amount of bitcoin to use for purchases on Amazon. I might be mistaken but I think this is the only way, for now, to buy things on amazon using bitcoins.

For more information check:https://bitcoinexchangeguide.com/ipayyou/

or visit : https://wallet.ipayyou.io/

I haven't used their service but it seems they hold private keys which is little bizarre for sites like that. It is interesting if it works as people are always buying things from amzon but I would suggest that if you're first time buyer, don't buy anything too expensive, buy something cheap to try it to see if it works and how smooth transaction goes before you buy anything expensive.

yeah is the same when you are buying something with credit card in a new website
Maybe to prevent or solve that kind of site, we can use new wallet that only contains bitcoin that we want to used to buy in Amazon, and it is like special wallet that we not filled if not want to buy some stuffs.


Title: Re: Buy in Amazon with Bitcoins.
Post by: leowonderful on November 29, 2018, 01:15:29 AM
I too see no advantage from using this service over anything else like Purse that functions very similarly and has a much better UI. I'm going to stick to Purse or just buying gift cards from other places, as this particular site seems rather new and doesn't have much reputation. This site still seems interesting with the options of buying and selling BTC, though fees seem pretty high for both buying and selling.

If you're looking for a more reputable place to get Amazon GCs from, Bitrefill (https://www.bitrefill.com/) works. I've bought around $250 in AGCs from them recently, and I've always gotten the cards delivered in one confirmation or so. Bitrefill does use Bitpay as their payment processor, but something like DeBitpay (https://alexk111.github.io/DeBitpay/) works if your wallet doesn't support Bitpay links.


Title: Re: Buy in Amazon with Bitcoins.
Post by: ALFAZIX on November 29, 2018, 01:33:40 AM
Thank you for posting this i will try the ipayyou wallet.


Title: Re: Buy in Amazon with Bitcoins.
Post by: mocker001 on November 29, 2018, 02:05:34 AM
Thank you for posting this i will try the ipayyou wallet.

no problem buddy


Title: Re: Buy in Amazon with Bitcoins.
Post by: Naughty Princess on November 29, 2018, 09:04:09 AM
wow i just know about this news, so we can pay the amazon orders with ipayyou? i will check about ipayyou. maybe i will suggest my friend to use this services to pay some goods on amazon via ipayyou
Somehow here in my country amazon store is accessible but I do not know if they already used crypto for payment. It is good news that they involved on this and got more faster payment system. I know a person who uses amazon, it is good thing when they also used crypto to buy products and services there.


Title: Re: Buy in Amazon with Bitcoins.
Post by: Pan Troglodytes on November 29, 2018, 10:37:03 AM
If the news is authentic then it will be one of the best achievements of bitcoin. But I have a little bit doubt is amazon accepted bitcoin to buy products? Amazon is one of the largest e-commerce sites we know so now, people will buy something on Amazon by using bitcoin. Thanks, Amazon for accepting bitcoin.
It is not Amazon accepting bitcoin, but an independent service (with an uncertain and shady reputation) providing payments in USD for you, while you pay them in bitcoin. It is something completely different, wouldn't you think?

Yes, but the idea of the concept still remains to pay in amazon with your bitcoins


Still it is much different then Amazon accepting Bitcoin.

If I open a service and tell you "mate, you can pay me in bitcoin and then I buy things for you, whatever you want, groceries, computer hardware, clothing, just give me your list, moreover - I operate globally, because I will ship the goods regardless of your location and the merchant location", well, it is not the same as global bitcoin acceptance, and moreover, probably everybody would be too scared to pay me in the first place. I would be.


Title: Re: Buy in Amazon with Bitcoins.
Post by: Crystal11 on November 29, 2018, 01:08:26 PM
I dont think Amazon will ever accept bitcoin as payment .
What everybody afraids off is bitcoin' volatility.
If Amazon company sells from its warehouses today, let's say $500,000 worth products but in bitcoin, tomorrow their $500,000 bitcoins  could worth $300,000 .
 Whos gonna cover the volatility losses ?
To be immune to volatility, Amazon has to sell every day the bitcoin to get $$$$ and i doubt there will be a company willing to buy huge amounts of bitcoins everyday as long as bitcoin payments are available if there will be massive sells for bitcoin.
Unless they sign a partnership with lets say, Coinpayments but a 3rd party company will want to get its comission + miner fees so the price of a product in bitcoin will be enough expensive to make people to not use this feature.
(Ive seen this on a website with bitcoin alternate payments using a 3rd party company and the prices of the product in bitcoin are  WAY TO HIGH, thats why i can't afford to waste to much money on comissions so i would never pay in bitcoin there)

And again, i doubt there will a 3rd party company willing to buy all the Amazon's bitcoins. Luckily the selling in bitcoin volume wont be really high due to its volatility so a 3rd party company could officially buy Amazon's bitcoins everyday .
So Amazon if doesn't find a big, powerful and legal 3rd company (such as paypal) to buy the bitcoins everyday then the bitcoins payments feature wont be available.
I'm pretty sure Amazon have enough money to hire blockchain specialists and analysts so they can accept directly bitcoins, but i think they prefer to have a 3rd company willing to buy the bitcoins everyday to avoid exposure to bitcoin volatility at all.
Theyre seling enough and make huge profit so they dont need profit from the bitcoin increasing price over time (HODL  ;D) but they do not want to lose money from volatility.


Title: Re: Buy in Amazon with Bitcoins.
Post by: mocker001 on November 30, 2018, 03:16:32 AM
If the news is authentic then it will be one of the best achievements of bitcoin. But I have a little bit doubt is amazon accepted bitcoin to buy products? Amazon is one of the largest e-commerce sites we know so now, people will buy something on Amazon by using bitcoin. Thanks, Amazon for accepting bitcoin.
It is not Amazon accepting bitcoin, but an independent service (with an uncertain and shady reputation) providing payments in USD for you, while you pay them in bitcoin. It is something completely different, wouldn't you think?

Yes, but the idea of the concept still remains to pay in amazon with your bitcoins


Still it is much different then Amazon accepting Bitcoin.

If I open a service and tell you "mate, you can pay me in bitcoin and then I buy things for you, whatever you want, groceries, computer hardware, clothing, just give me your list, moreover - I operate globally, because I will ship the goods regardless of your location and the merchant location", well, it is not the same as global bitcoin acceptance, and moreover, probably everybody would be too scared to pay me in the first place. I would be.


It is like when PayPal was new and asked for your credit card or bank account and now we see it as a normal thing. but sure at first we got scared


Title: Re: Buy in Amazon with Bitcoins.
Post by: mocker001 on November 30, 2018, 03:19:06 AM
I dont think Amazon will ever accept bitcoin as payment .
What everybody afraids off is bitcoin' volatility.
If Amazon company sells from its warehouses today, let's say $500,000 worth products but in bitcoin, tomorrow their $500,000 bitcoins  could worth $300,000 .
 Whos gonna cover the volatility losses ?
To be immune to volatility, Amazon has to sell every day the bitcoin to get $$$$ and i doubt there will be a company willing to buy huge amounts of bitcoins everyday as long as bitcoin payments are available if there will be massive sells for bitcoin.
Unless they sign a partnership with lets say, Coinpayments but a 3rd party company will want to get its comission + miner fees so the price of a product in bitcoin will be enough expensive to make people to not use this feature.
(Ive seen this on a website with bitcoin alternate payments using a 3rd party company and the prices of the product in bitcoin are  WAY TO HIGH, thats why i can't afford to waste to much money on comissions so i would never pay in bitcoin there)

And again, i doubt there will a 3rd party company willing to buy all the Amazon's bitcoins. Luckily the selling in bitcoin volume wont be really high due to its volatility so a 3rd party company could officially buy Amazon's bitcoins everyday .
So Amazon if doesn't find a big, powerful and legal 3rd company (such as paypal) to buy the bitcoins everyday then the bitcoins payments feature wont be available.
I'm pretty sure Amazon have enough money to hire blockchain specialists and analysts so they can accept directly bitcoins, but i think they prefer to have a 3rd company willing to buy the bitcoins everyday to avoid exposure to bitcoin volatility at all.
Theyre seling enough and make huge profit so they dont need profit from the bitcoin increasing price over time (HODL  ;D) but they do not want to lose money from volatility.

I agree they will never accept bitcoin for those reasons. But you can still buy in amazon with bitcoin using ipayyou.com or purchase.io  ;D ;D :)


Title: Re: Buy in Amazon with Bitcoins.
Post by: sublime5447 on December 01, 2018, 02:41:07 PM
Will purse.io help when we have a problem buying goods on Amazon like the items received defect physically or don't arrive at the destination? If does then it will be easier for us to buy using purse.io on Amazon plus we will get a purchase discount. and if does not then it will harm us where we will have difficulty to complain items that have physical defects/not reaching the destination we bought from Amazon using purse.io, because we don’t but directly from Amazon using our Amazon account but we use a 3rd party services to buy on our behalf to deal directly with Amazon.
So in my opinion we’d better buy using our Amazon account to buy from Amazon so it will be safer with Amazon policies. Not difficult to exchange bitcoins we (http://digitalasset.id) have into fiat to spend on Amazon without using purse.io just because of discounts.


Title: Re: Buy in Amazon with Bitcoins.
Post by: Patatas on December 01, 2018, 03:01:01 PM
Will purse.io help when we have a problem buying goods on Amazon like the items received defect physically or don't arrive at the destination?
I don't think they will. They're just the payment facilitators and have nothing to do with the suppliers or the logistics. You should be able to ask about that to the amazon customer support using the order number.

You can also use Purse[1], and you can get discounts too! I've read decent reviews about it though I really haven't tried it myself. If only Amazon doesn't charge abysmal internetional shipping fees.
Be careful there! They're having issues with refunding orders lately.


Title: Re: Buy in Amazon with Bitcoins.
Post by: adzino on December 01, 2018, 03:11:47 PM
Yes, you can buy stuff on Amazon using BTC. There is a wallet called Ipayyou (it is 2 years old age now) that allows you to buy on Amazon using your bitcoins. The wallet has a featured called “Amazon Direct” that lets you transfer any dollar amount of bitcoin to use for purchases on Amazon. I might be mistaken but I think this is the only way, for now, to buy things on amazon using bitcoins.

For more information check:https://bitcoinexchangeguide.com/ipayyou/

or visit : https://wallet.ipayyou.io/
Never heard of ipayyou. So people should be careful when using such services with less reputation. Anyways, you can also buy amazon giftcards from reputed shops online that sell those cards for bitcoin. Much safer option I guess. Or you can use purse.io like others mention, but as far as i know, there are some countries they do not support.


Title: Re: Buy in Amazon with Bitcoins.
Post by: mocker001 on December 02, 2018, 06:09:59 AM
Will purse.io help when we have a problem buying goods on Amazon like the items received defect physically or don't arrive at the destination? If does then it will be easier for us to buy using purse.io on Amazon plus we will get a purchase discount. and if does not then it will harm us where we will have difficulty to complain items that have physical defects/not reaching the destination we bought from Amazon using purse.io, because we don’t but directly from Amazon using our Amazon account but we use a 3rd party services to buy on our behalf to deal directly with Amazon.
So in my opinion we’d better buy using our Amazon account to buy from Amazon so it will be safer with Amazon policies. Not difficult to exchange bitcoins we (http://digitalasset.id) have into fiat to spend on Amazon without using purse.io just because of discounts.


Yeah sure buying with your Amazon account directly it is better and safer. But if you have bitcoins and you want to sell them quickly or use them and you don't find a buyer you can spend it with purchase.io or ipayyou.com


Title: Re: Buy in Amazon with Bitcoins.
Post by: mocker001 on December 02, 2018, 06:22:56 AM
Yes, you can buy stuff on Amazon using BTC. There is a wallet called Ipayyou (it is 2 years old age now) that allows you to buy on Amazon using your bitcoins. The wallet has a featured called “Amazon Direct” that lets you transfer any dollar amount of bitcoin to use for purchases on Amazon. I might be mistaken but I think this is the only way, for now, to buy things on amazon using bitcoins.

For more information check:https://bitcoinexchangeguide.com/ipayyou/

or visit : https://wallet.ipayyou.io/
Never heard of ipayyou. So people should be careful when using such services with less reputation. Anyways, you can also buy amazon giftcards from reputed shops online that sell those cards for bitcoin. Much safer option I guess. Or you can use purse.io like others mention, but as far as i know, there are some countries they do not support.

You can check the reputation of this  payment service in https://www.cryptocompare.com/wallets/ipayyou/, they have 3 of 5 stars. Also, the CEO of ipayyou.com Gene Kavner worked for Amazon (He was the worldwide director of the Amazon Associates program and principal architect for display advertising at Microsoft.) So that can calm you a little bit. :)


Title: Re: Buy in Amazon with Bitcoins.
Post by: junglist.massive on December 16, 2018, 04:07:15 PM
Yes, you can buy stuff on Amazon using BTC. There is a wallet called Ipayyou (it is 2 years old age now) that allows you to buy on Amazon using your bitcoins. The wallet has a fea (http://renovasi-rumah.net)tured called “Amazon Direct” that lets you transfer any dollar amount of bitcoin to use for purchases on Amazon. I might be mistaken but I think this is the only way, for now, to buy things on amazon using bitcoins.

For more information check:https://bitcoinexchangeguide.com/ipayyou/

or visit : https://wallet.ipayyou.io/
Amazon has now implemented good things for a technology like Bitcoin, Amazon can put the position of Bitcoin for media sales like money. so I think this is a good thing for buyers on Amazon, especially crypto users, so this makes sales easier.
Indeed it’s easier for us to purchase and sell at Amazon using crypto but it uses a 3rd party based on our name and our address, actually it's just the same as using fiat but the bitcoin we give to the 3rd party will be converted to fiat and then spent on amazon, and get a discount, because they buy a lot of goods through their account on behalf of the name and address of the users who use their services.


Title: Re: Buy in Amazon with Bitcoins.
Post by: tera22 on August 05, 2022, 10:19:20 PM
this is a old topic but maybe help other users to find a way for purchase from amazon with bitcoin
there is bitoff.io (http://bitoff.io) that support both bitcoin and thether (usdt) i use it for about 1 year and work well
also there is purse but only support bitcoin