Bitcoin Forum

Amazon, the massively successful tech giant known for their electronic commerce and cloud computing, has finally broke into the blockchain industry with the launch of 2 Amazon blockchain products.
https://www.investinblockchain.com/amazon-launches-blockchain-products

is this a good sign for crypto market ?

Isn't this great news which, on the contrary, should push the market to great success, because today the market is falling and doing it very, very quickly, I do not understand why this is happening.

May be or may be not.

Sounds like Amazon will have the ultimate control.

I hope after long time they really understand the technology.

I think these projects will help Amazon itself over time, but such news does not have a strong impact on the cryptocurrency market. So what if now the whole situation is tied to the price of Bitcoin.

I guess it will boost Amazon's business and it's development as they are accepting digital currencies also it will give a hope for the people who have Invested in crypto. One thing for sure guys crypto is going to be a life changer.

This is great news! I want and I hope that soon almost all popular corporations and companies will be based on the blockchain. This is the future of cryptocurrency!

It was only a matter of time before amazon started to work with blockchains.
Whether that is good or bad is hard to say.
I think that you can really judge only in several months.

Absolutely yes because Amazon is one of the bigest markets and it can insert a lot of things to this field. Also every signs are important to us because it show importance and suitable to life to everyone.

Amazon is a multi billion dollar company and its association with blockchain technology will help to futher increase the adoption of  blockchain

I hope this great news will help push the market a little higher. I'm sick of this bloody markets, I hope it will finally end this month.

when i see such news it makes my heart leap. so yeah, i defenitely think it is a good sign for crypto market, the fact that such companies are joining this industry. that means, we are not forgotten ;)

I think Amazon can help the crypto to rise again. Using digital money has a great impact for the crypto market. It takes time to fulfill because companies need to know and learn first the benefits of blockchain.

whh jot to try as amazon is one of the most wealthy and reliable company so i hope thag they know what theynare doing

I don't know it might be super good or it doesn't change anything, time will tell. My first impression is, Amazon is a huge company they can develop something or evolve something besides that Amazon can reach more people that don't know what crypto or blockchain is it can affect large groups of people.

Amazon collaborated closely with bitcoincash, and now, apparently decided to provide their product, this is good, I think they will find investors

Well that is a very good move and a much needed good sign for the crypto industry which is in free fall at the moment. I think that a few more gaints if make some good moves like this then the crypto industry will grow back to where it was in the last december very quickly.

It is a good initiative of blockchain product. But real reason for crypto dump and pump is demand and supply so we need more consumer not a promoter. In normal days promotion is good for any industry but this scenario is bleeding continuously so we would like to participate in crypto investment it will change the crypto market.

If this news will make much different in the crypto market, we should have started seeing it manifest by now. Well, perhaps by the time the real work on the project begins, then we might see its impact on the market.
It is a good development to have such big company do something as good as this on blockchain. This is to say that, it is a sign of good omen and there are other better things to come.
I am just looking for a news that will turn the market around for good.

I like what Amazon is doing. They are tapping into new technology so they can be the first and best users of the blockchain among top ecommerce companies. If all goes well, their stock will spike in price by next year

This is not really a news that much because what they have done will not make any impact on the price of the market, what they build is for the devs, what I will consider a news is like amazon launching their own coin or allowing people to pay for their services with cryptos currency, that's the kind of news i would love to hear from amazon

This is a clear indication that the market is badly manipulated and rather than impact on the marketplace positively like we were used to prior to now, the reverse is the case this time and it goes to show how low the confidence of the crypto enthusiasts is at the moment.

That news like this always contributes to the increase in the value of cryptocurrency in the world, because it once again shows that the giants of the Internet industry have a very high interest in the development of cryptocurrencies and therefore cryptocurrencyes will actually become mainstream for the whole world in the coming decades.

Of course, this is a good sign, but it was too expected. we will see soon all major campaigns will use the blockchain

This is undoubtedly good news, but it will not have any impact on the market situation at the moment and the market will continue to fall.

of course this is a good sign for crypto, because as we know amazon is one of the biggest companies in the world, so if Amazon starts participating in crypto, I'm sure it will make people trust again to invest in crypto and people who haven't invested in crypto will start to investing in crypto, so that the market cap will increase again and crypto prices will also increase.

When giants like Amazon begin to show interest in the technologies underlying any cryptocurrency, then for any person this is a direct indication that the cryptocurrency is a high value thing, and at a minimum this should be the reason for the emergence of a new wave of interest in cryptocurrency on the part of ordinary people.

this will be a special thing for the crypto world in the future, beyond that the two products have high credibility, seeing Amazon as a very large company with a high level of credibility

I'm not sure if that source is reliable and accurate but checking all the stated facts, it's verified.

Before it's just a rumor and I thought that it's not going to happen. Now, its for real and now they have adopted blockchain. This is the most interesting part and let's see on how massive the adoption is happening. This isn't about the price but the adoption and fundamentals.

This is reassuring, extremely reassuring. I don't know what will it bring to BTC's price but this is something that should bring back the trust to the masses when it comes to blockchain technology. Jeff Bezos is an extremely smart guy and this move only shows that he is about to make more money to himself. Considering all business moves that he had taken in the past, this will give a great boost to BTC as well. Looking forward to the news like this in the future! It is a great start, Singapore, Ohio, Bezos...

this is really great news for everyone. it means that giant institutions like amazon believe in utilising the blockchain, thus, creating more demand in the world of crypto. and yes hopefully, this will boost the value of bitcoin.

If a big company like Amazon do that, I'm sure it will have a big impact on crypto. It could be a few days after this crypto is getting crowded and search engines like Google will be busy handling various searches for cryptocurrency information. I hope this is more directed to a good sign of crypto.

great news because such a giant as Amazon supports blockchain technology

This is great news for crypto  as Amazon is a global shopping  giant with 310 million active customers and $177 billion
yearly revenue. They have customers and the market and I could see the impact if they allow payments in BTC and
some other cryptocurrencies. Big step towards to mass adoption of crypto.

Sure it is. For this to be launched even at a time of bad bearish market run, it means we are merely experiencing a temporary thing. Amazon has some of the best financial advisors in the world. For them to have confidence in this blockchain system, means there is still so much more to come in future.

This is 100% the best news for today because I believe that this shows the future perspective of the cryptocurrency market.

blockchain technology has been making a lot of noise all over the world and those large companies cannot ignore its existence, the adaptation of this technology will also give attraction for cryptocurrency although those big companies does not support crypto.

This is the reality that we are waiting for very close. Already today, many companies are thinking about this topic and today they are also trying to work in this direction. I hope that people will still strive for this.

With this news it may be possible to rise the market price from their fall. This is really a good news. Finally good coin has put up in a good company with amazon.

Awesome news for the industry. Amazon is not the first big player that invests in blockchain technology and I hope it would help to bring crypto currencies into masses. Lets wait what happens during the next few years.

The price will rise unequivocally, because the market is gaining power today, as is usually the case. It is necessary to understand that the correction that is happening today is the result of the dramatic growth of BTC over the past year.

Yes, blockchain technology has impressed the public in many ways the main thing is profit. You can make a lot of money in a real quick time if you invest in crypto, at the same time popularity too increases from other side so this makes big players to think about this technology and they will make favour to public.

Just like the internet when it was invented, some people embraced it wholeheartedly while some others were skeptical but at the end, the technology won the hearts of everybody, Blockchain is in that early stage now but the wise companies are now taking advantage of it.

Very good information but since the information was released there has not been a significant increase in the market, is it possible that the two products can actually be released or are still under development?

Now the Amazon has implemented the blockchain technology into their system, of course this is a good step. So that i am sure there is possibility if in the future they will also have their own cryptocurrency to be used as an alternative payment tool. Considering payment using fiat takes a long time and must go through a complicated process.

I think that the situation on the market greatly influences the mood of the project, maybe the developers have so far decided not to start work? Although I think that now is the time for good news, because without them everything falls off very quickly.

This is really good news for me. It shows that blockchain is not dead and that even big companies use it. But how can this affect bitcoin and altcoins, i can not say.

it seems that the current market price is no longer dependent on positive news, and is proven by the same market conditions. so the conclusion is that the market is really in motion by large investors

I think this is really good news for the crypto market. Thus Amazon will increase the number of sales and help develop cryptocurrency. Also I heard about facebook blockchain!

if we talk about Amazon, then this is really good news and I think that in this regard, but I will be able to go through to follow their example. But regarding Facebook I have a different opinion, because there is still a lot of information where the Facebook administration has a negative opinion regarding cryptocurrency.

finally Amazon recognize important of the blockchain technology i hope many other big companies will be also enter in blockchain technology and it will be good sign for cryptocurrency

I can't speculate with this. but if their product is accepted and popular it might have a good impact on the crypto market later

It is another merit in cryptosphere and proof of its viable future, in that sense its a good sign, but expecting this to swerve the market, is mere wishful thinking.

Yes that is a greta news for the whole crypto community with this the governments and the ruling authorities will understand that it is the need of the day and if these giant bodies will demand for the approval of the cryptocurrencies then there will be no any obstacle from them.

Amazon such a great platform on the internet. There are a lot of product what we can use in our real life. And Blockchain is an amazing techonology. So this two together, can create something great.

I think Yes this is positive news but it will not play on the course since bitcoin needs a news background associated with the enonomical point of view .

So will Amazon accept placing orders using crypto?

They have long talked about this and by the way today there are a lot of statements by very great people who say that cryptocurrency and the blockchain technology itself will generally change or has already changed the world.

I am not sure about a good sign for the crypto market. There is no room for doubt that it is a good sign for the blockchain technology.
That clearly shows that the blockchain technology is great 21st century invention. But it not shows about a crypto. Cryptocurrency and blockchain are already not related.

Well, I believe it's a very good news. Blockchain, has come one step closer to mass adoption. A few more years and we will face a very different world.

Hopely with this amazon step, it increasing people to know about blockchain and cryptocurrency market. These day, many people still thinking cryptomarket a ponzi scheme and a scam. More company launching their own blockchain project, hopely people will change their minds about cryptocurrency market

Amazon is the largest global brand so I think it will have a positive effect on the cryptocurrency market

At the moment, this news does not have a positive impact on the market and you can even ignore it.

Once again, this news confirms that the market has a perspective and you can safely invest your money

Oh Wow! It is not surprising that big companies like this considered Blockchain Technology as one of the newest and most amazing technologies being invented as of today. Even here in our country are making their own study and considering to integrate it on the system they are using. Well, I think they have to catch up of they don't want to be left behind.

If as big as Amazon starting to implementing blockchain into their system, then it should be able to build trust from the people to believe in blockchain and cryptocurrency, and it will be able to pull the market back up again.

In fact, this is a very big company that provides trading services. I think that few people create the importance of the action of Amazon in relation to the cryptocurrency for the entire cryptocurrency market.

It is a good news overall for crypto if a big company enters the market someway. That will bring trust and wider awareness as they are serving over 300 million customers worldwide. On the other hand it could effect negatively some projects or platforms. But let see Amazons` involvement to crypto  first  and then to judge.

yes, and i'm sure this news will create more demands in blockchain tech, wich mean will bring crypto world to the next level.,,
i believe the future of cryptocurrency is so bright,, my friend

This is a great step by Amazon, but you need to understand that this is a blockchain and you should not hope that this news will play for cryptocurrency

The article on the link is quite interesting. I hope this can be sustained throughout by the company, and maybe even expand it to include more products. Maybe Alibaba, eBay, Wallmart and others will do the same.

maybe in the future anothers big marketplace in online industry will make their own blockchain product,,
also i heard if facebook will build its own stable coin for money transfers
https://www.coindesk.com/facebook-is-working-on-its-own-stablecoin-for-money-transfers-report

and this will be a huge jump on crypto industries my friend  ;)

I think this news is good for crypto. Even if amazon starts a blockchain project, it shows how useful the blockchain is. I am really looking forward to it and have new hope for crypto.

The sign for the bullish market is the Ethereums hardfork and the Bakkt exchange launch. These updates will push the market and will near the mass adoption to the crypto currencies industry. Just be patient and wait for the major updates.

I am not surprised that the future of the cryptocurrency market is not to be questioned. These traditional mutual understanding network companies are working hard on the development of the blockchain. All Internet companies will cooperate with the blockchain in the future.

thank you for such news! Ofc, implementation of blockchain into such companies increases confidence in the technology all over the world! I'm not sure whether it'll influence the market, but it's cool anyway!

This is great.To see Amazon lunch this,it is a welcome development that will aid Amaxon and is also a plus to blockchain tech.

Didn't amazon tried the crypto currency purchase option at one time? I mean it wasn't a long lasting move but they tried it as far as I can remember, steam did the same thing and made buying games with bitcoin possible as well but now its gone as far as I can remember. I mean these type of companies are testing blockchain and crypto heavily but it needs to be either more stable or have a chance to convert easily at the same price very quickly in order to make these more stable. Otherwise why would these huge companies try it out.

Blockchain could definitely be a great improvement for amazon considering they sell millions of stuff every single day all over the world and keeping track of these could be a challenge whereas blockchain could cut the work hours a lot shorter with an easier code for them.

They are just taking advantages of the efficiency of blockchain and there's nothing else behind that, this thing definitely will make blockchain more popular around people but will not really affect the whole community that much since most of the people who uses that product are nerd anyway.

I agree completely! It seems highly unlikely that any of the giant companies will implement BTC as a payment option if the volatility is not somehow controlled and stabilised. For the time being, I don't expect to have a possibility to buy on Amazon using BTC.

A good sign for crypto if you'll ask me.

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Every adoption that a giant company does for crypto will give a great impact for the market as whole so we need to recognize this.

Cryptocurrency have continue to witness huge development in term of the usage of the technology which is the blockchain. There is no doubt that this will continue even next year. We all actually need this as this will further strengthen crypto but it might not rise faster as we all want to see. We need to be patient

The blockchain technology is perfect in many ways. Those companies that want to increase popularity and profits, seek to use blockchain technology. This factor forces such a large player as Amazon use blockchain. This is good news for the crypto market. I wish them good luck with this progress.

Of course, it's a good sign. I think that more and more gigantic corporations will integrate blockchain in their work. It would be great for all cryptoeconomy. New funds will enter the market so  prices for our cryptocurrencies will grow fastly.