Bitcoin Forum

I think the reason Amazon loss widen is:

Their customers are spending money to buy bitcoins and spending at other online stores to support the currency revolution.
http://www.bloomberg.com/news/2014-07-25/amazon-loss-widens-as-ceo-alarms-investors-with-spending.html



related thread:
List of big companies accepting Bitcoin
https://bitcointalk.org/index.php?topic=673127.msg7622099#msg7622099

The article doesn't even mention cryptocurrencies. What are you on about?

No proof that its due to Bitcoin it could be just because people can't afford to purchase as much now and also tat other competitors are getting more business stop speculating and take a look at the facts.

.

the title misleads into thinking, Amazon decided to try bitcoin but lost lot of money in testing itself...

please change title

First I thought: "Good news everyone" but after I read the article I realized, it's like in Futurama. No good news for Bitcoins in here.
Please don't spread misinformation.

Yup, this headline is pure bs. It's like the opposite of FUD. Is there a word for that? Regardless I don't think amazon is at the point where it's losing money by not accepting bitcoin, nor do I think many people are buying coins just to spend them to support crypto.

The opposite of FUD would be DUF.

The title of this made me read it but after reading it I have determined that the it was a complete waste of my time. There is no proof that Bitcoin had anything to do with this and likely didn't.

That made me chuckle  :D.


Same. It's just click bait. I guess the op just likes trolling as he knows everyone here is waiting for Amazon to announce theyre going to accept btc.

Too many drone deliveries and not enough Bitcoin buyers.  ;)

This article is note even related to bitcoins

How can you blame Amazon

The loses are related to technology, but not to bitcoin. Its their IT sector doing bad things:



I think people want Amazon accept bitcoin in their online store, not to buy IT services.

Amazon might join soon because of this article.

How did you get that it is related to Bitcoin from that article. I don't see it. If you could point it out it would help.

I doubt it. Can't see why this would entice them.


He's obviously just trolling.

Total troll job.  If not troll it's a total stretch to make it sounds like Amazon lost money and it was because they would not accept Bitcoin. 

Amazon's "loss" is due to future investments in their company.

This thread is the equivalent of saying you bought a shit ton of solar panels for your home and had a huge loss this year due to construction costs.

try these stories too

Facebook lost billions to bitcoin

yeah when bitcoin goes to moon with million dollars per coin and Facebook potentially missing that all..

Utter poppycock.

Yeah rubbish and misleading thread, though I think amazon is probably looking closely at bitcoin.

Misleading titles belong on YouTube videos, not forum posts. Change the title.

Yeah, either that, or OP actualy believes that Amazon loses are directly connected to bitcoin, which i doubt.
I believe that bitcoin merchants will start to loose interest in bitcoin with time, and that that expansion wil fail, simply because there are limited customers that will actualy spend bitcoins there.
All this merchants accepting bitcoin will push the price to moon is nonsense.

Dumbassery and Undeserved Faith

Amazon doesn't care about 'millions'. If adding a Bitcoin payment option is only going to puzzle the customers (if there's only the slightest chance it will - in their perception) they will just drop the idea.

I don't think they 'loss' in the literal sense of the word. It is just just somewhat missed opportunity. And judging by their recent actions they will adopt BTC maybe even in this year.

what a waste of space.. looks like OP is generating his own news.

wow interested biggest webs like amazon still got hacked .i think they have a proffesional security and need a long time or hard for hacker can break they wallet. its mean hacker can do anything they want right . rich as fast . without care anything.

Misleading title. Thread should be edited/deleted.

I don't think this has anything to do with bitcoin

Perhaps you should add "IMO" to your thread title or you'll be suspected of intentionally misleading people with nonsense.

Amazon was one of the first places you could purchase goods with bitcoins...

When amazon will start accepting BTC the price will go down!


Every time there is a good news about BTC people sell and the price goes down :)

It's not that good news causes the market price of Bitcoin to go down, just that it is keeping it afloat, or simply having little to no effect.

New money (myself included) came to Bitcoin towards the back-end of 2013 having been absorbed by the bubble. The price rocketed due to new money and interest as an investment opportunity. That time will likely come again, when or how far it will go is anybody's guess.

Big news would play a part, but I feel that it would have to be significant.

But good news attract the interest of the media. And if the media starts writing about Bitcoin in a large manner, a lot of new people will start investing in it. Also many people are still too careful and have their doubts. When large companies like Dish, Dell, or maybe Amazon start accepting it, they gain trust in it.

While it's true that there is interest and credibility gained by seeing the likes of Dell accepting Bitcoin, it doesn't address the other concerns that Bitcoin's market price has essentially halved from its peak and there are always stories of people losing their coins due to somebody compromising their wallet.

Sure, we've seen Bitcoin's price rise through the roof before, come down and then rise back up again, but now the stakes are even higher.

It would be great to see more companies like Dell integrating Bitcoin in some commercial capacity. It's likely just a matter of time.

Yeah, but what you're saying holds true for every prior bubble :) We've seen this about 5 times now. And people keep on saying 'woah, we've seen the top, now it'll go down', or 'this price isn't sustainable' And suddenly, whoops... 10-fold increase.

The article has nothing to do with bitcoin and the conclusion of the thread starter is totally stupid.

The loss of Amazon widens because the company's CEO follows a maximize sales first - earn money later strategy. That can be very dangerous if you loose the confidence of your creditors. The market cap of Amazon is extremely high compared to earnings. If investors continue to question the ability of the business to earn money in future, stock price will likely collapse.

ya.ya.yo!

Think the public market's starting to tire of Bezo's eternal investment mode story
His star might finally be fading a little
Too many pies

Actually for over a decade BOZO, I mean Bezos has been telling investors look we need infrastructure, we must ACQUIRE TECHNOLOGY I'm building the FIELD OF DREAMS believe me if I BUILD IT THEY WILL COME

So children investors entertained by the clown bozo keep buying into bozo's ponzi scam

GIVE ME MORE MONEY TO ACQUIRE TECHNOLOGY

I KNOW IN THE END THERE CAN ONLY BE ONE COMPANY

haha

bezo is a clown, I remember trying to explain ebooks to amazon long time ago, OH WE DO NOT SELL EBOOKS

ok, they're coming bozo

oh bezos caught on kindle

we have our 50 buck ebooks on Amazon with a blurb due to amazon ripping us off 65% in commissions since our ebooks are worth more than the 9.99 the nutter bezos wants to limit all epublishers to, we must price our book at 150 bozo dollars but if you look around the net you will see it really sells for 50 bucks

so people find our books on amazon and BUY ON OUR NETWORK

haha

Muah jeff

I told you EBOOKS BABY

EBOOKS

I don't exactly get what you're trying to say. Could you clarify? Are you complaining about the commission Amazon takes? Yeah, they do, but offer an incredibly successful platform and you receive unprecedented exposure for your product!

That guy is AWESOME! He's a self-made millionare!! (Only in FIAT, though, which isn't as awesome as Bitcoin!) But he knows what it takes to be a successful player in the Game of life!

You are right this is a very risky strategy and at this point probably a bad one. Amazon is at a point now where it is not going to be able to grow very much from where it is now so it should start to try to maximize profits.