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senyorito123
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September 19, 2016, 12:34:28 PM
 #41

Why has amazon not added bitcoin as one of their payment options?

Are there any risks associated with buying and selling on amazon with bitcoins?
In my opinion Amazon not add bitcoin as payment opinion because the bitcoin is still new ( bitcoin can be disappear and there is value into it) and bitcoin's price has high fluctuation, it is high risk for Amazon. But if you want shopping on Amazon using bitcoin. You can try purse.io and you can get discounts too.

I really doub't it that it will happening at this moment since bitcoins cannot be easily trusted with by the business sector and im pretty sure they are afraid for itd flactuation so thats why as of now we can't really see some major stores accepting it, but maybe in this coming future they will see the full potential of the coin and accept it but its gonna be along story for it to be happen, so better for now if people would want to shop on amazon they must used purse.io for a while so they can buy at amazon using their bitcoins.


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September 19, 2016, 12:36:19 PM
 #42

I'm not sure why amazon hasn't accepted bitcoin but since they still don't accept bitcoin yet, I'm using purse.io or buy amazon gift cards at a discounted price to shop at amazon.
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September 19, 2016, 01:09:21 PM
 #43

Why has amazon not added bitcoin as one of their payment options?

Are there any risks associated with buying and selling on amazon with bitcoins?
Maybe they think payment processing that they used it right now is more than enough and they don't need to add bitcoin as payment method, however there are service or 3rd party that you can buy stufs on amazon with your bitcoin like purse,io
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September 19, 2016, 02:31:40 PM
 #44

I think it will never happen that amazon will taking bitcoin directly as a payment unless bitcoin price reaches a stable rate.they already have voucher service so they will not try to gamble with it.
the unstable price is not really a problem because there's an API that exchange the bitcoin which being sent by the sender and will be exchanged to the fiat directly with the equivalent amount when the order was made,so it's definitely resolving the unstable of price problem,maybe they just want to stay on the safe zone and don't want to enable bitcoin before it was officially regulated yet
Amazon also wants to introduce the bitcoin and it takes allong time because they will be one of the first who introduce this so they need to be careful with it.
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September 19, 2016, 02:39:11 PM
 #45

Amazon or other marketplace fear about using bitcoin because it can't be chargedback or transaction can't be reversed so it can't assure buyer's protection they provide.

 
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September 19, 2016, 04:31:09 PM
 #46

Amazon or other marketplace fear about using bitcoin because it can't be chargedback or transaction can't be reversed so it can't assure buyer's protection they provide.

this might be a reason but i think amazon have their own payment processor already and adding bitcoin will somehow have an effect to their buyer.  There are really lots of things to consider when you have something to add or change to your mode of payment. And it will cost them alot due to website upgrade and testing.   It is not that easy.

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September 19, 2016, 05:17:33 PM
 #47

Amazon or other marketplace fear about using bitcoin because it can't be chargedback or transaction can't be reversed so it can't assure buyer's protection they provide.

buyer protection for what? you simply buy on amazon and use bitcoin, you are protected by amazon itself, there is no need fo escrow, it's not like you are dealing with someone else privately and amazon is the middle man lol

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September 19, 2016, 08:15:37 PM
 #48

As there is no possibility to chargeback using Bitcoin, Amazon and Ebay and some other marketplaces still not encouraged to support Bitcoin as payment processor right now
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September 19, 2016, 08:28:12 PM
 #49

I think Amazon will be forced to use Bitcoin soon, as its growing up fast, getting the price increased highly, and become a lot more popular than a few years ago
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September 19, 2016, 09:57:21 PM
 #50

I think Amazon will be forced to use Bitcoin soon, as its growing up fast, getting the price increased highly, and become a lot more popular than a few years ago
Amazon and any other big companies wont be forced to accept or use bitcoin, namecheap allows bitcoin, with a third companie between the bitcoin and the cash, they werent forced, they saw an opportunity and i do believe their results are good. You cant force no one to adopt bitcoin because price or value will raise over time, bitcoin is an option to the most merchants as costumers.
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September 19, 2016, 11:47:51 PM
 #51

I'm not sure why amazon hasn't accepted bitcoin but since they still don't accept bitcoin yet, I'm using purse.io or buy amazon gift cards at a discounted price to shop at amazon.
Think about the amazon will accepting bitcoin or not it's just useless things in this day and why? caused by all of the suggestion will no be heard by the amazon and will be better if discussing with their CS... but for my personally if still there is a way for buying in amazon I will not making a hard things for that.

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September 19, 2016, 11:50:33 PM
 #52

Where's their incentive? It's hassle. You gotta integrate new systems, promote it and at best you might get 0.1% of sales, probably a bunch less.

They're also a payment processor in their own right and have that token thing so there's some clash of interests too.
This, plus I still can't understand why I need to go out of my way to buy bitcoin when I can just use my debit card on Amazon.  It's a hell of a lot simpler for me.  Can anyone answer that for me?

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September 21, 2016, 11:54:32 AM
 #53

I'm not sure why amazon hasn't accepted bitcoin but since they still don't accept bitcoin yet, I'm using purse.io or buy amazon gift cards at a discounted price to shop at amazon.
Think about the amazon will accepting bitcoin or not it's just useless things in this day and why? caused by all of the suggestion will no be heard by the amazon and will be better if discussing with their CS... but for my personally if still there is a way for buying in amazon I will not making a hard things for that.

I think its not useless to suggest amazon to accept bitcoins since bitcoins are great option to be accepted for them but the thing that barricade them for accepting it is the unstability of the price and that is the big minus for business sector including amazon since they can lost money for certain downfall of a price, but also in other hand i think amazon are in deep analyzation for bitcoin since it is thrend in global markets  maybe we can't see it accepted by them for now but mayb in the future we can see that they are accepting it if the time is right.


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September 21, 2016, 12:01:05 PM
 #54

Amazon is very big company, it is the largest Internet-based retailer in the world. They make a lot of money, and they do business in many countries. Probably they pay big taxes everywhere, and with bitcoins it can be a little tricky. First not all countries have regulation about bitcoin usage, how they will show their profit with bitcoins in country that not have law about it?
I think its not so simply to implement bitcoin such big structure, and that is the only reason why they still didn't do it. But now when New York accepted bitcoin, maybe amazon will offer to people from NY to purchase things with bitcoins, we will see.

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September 21, 2016, 01:59:32 PM
 #55

Amazon is finally accepting bitcoins right now and it taked a long time but we are happy about it now you know there are so many peole who like to pay with the bitcoin these days.
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September 21, 2016, 02:22:11 PM
 #56

Amazon is a real big comapny and they are making big steps also with the bitcoin i think that amazon is a sort of preview for other smaller companys if they want bitcoins other also want bitcoins.
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September 21, 2016, 02:32:02 PM
 #57

Amazon is very big company, it is the largest Internet-based retailer in the world. They make a lot of money, and they do business in many countries. Probably they pay big taxes everywhere, and with bitcoins it can be a little tricky. First not all countries have regulation about bitcoin usage, how they will show their profit with bitcoins in country that not have law about it?
I think its not so simply to implement bitcoin such big structure, and that is the only reason why they still didn't do it. But now when New York accepted bitcoin, maybe amazon will offer to people from NY to purchase things with bitcoins, we will see.

Before any auction being taked byt the countries around bitcoin, google were allowing people to purchase some products with bitcoin, with a third company providing the money to them and taking the bitcoin, soo there isnt nothing to do with rules from others countries as a similiar  act may be adopted by amazon, and now sure they may allow it a NY and them to all, but its just they wanna to work with, that are some companies providing those service between the costumer and the company.
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September 22, 2016, 12:22:56 AM
 #58

I'm not sure why amazon hasn't accepted bitcoin but since they still don't accept bitcoin yet, I'm using purse.io or buy amazon gift cards at a discounted price to shop at amazon.
Think about the amazon will accepting bitcoin or not it's just useless things in this day and why? caused by all of the suggestion will no be heard by the amazon and will be better if discussing with their CS... but for my personally if still there is a way for buying in amazon I will not making a hard things for that.

I think its not useless to suggest amazon to accept bitcoins since bitcoins are great option to be accepted for them but the thing that barricade them for accepting it is the unstability of the price and that is the big minus for business sector including amazon since they can lost money for certain downfall of a price, but also in other hand i think amazon are in deep analyzation for bitcoin since it is thrend in global markets  maybe we can't see it accepted by them for now but mayb in the future we can see that they are accepting it if the time is right.
The instability is always been a main reason of the big companies needs think for a twice accepting bitcoin in this time. I hate it but I love it... that's so dilemma for me...but maybe the exit problems are they need for converting the bitcoin payment into the cash in directly but the another problem will appear caused by the every transaction needs a time and the movement of price has always happened on every second.

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September 22, 2016, 01:40:25 PM
 #59


eBay and Amazon will on summit of likely won't admit Bitcoin , at least not anytime soon. Not single-handedly they habit a lot of users who demand Bitcoin but they then dependence the carrying out to run chargebacks etc... (they can reach that when PayPal however It's impossible behind Bitcoin).

If you ache to get conformity of all from Amazon , profitably make a obtain of a talent card from Gyft or any new providers or use Purse.io
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September 22, 2016, 05:28:00 PM
 #60

Why has amazon not added bitcoin as one of their payment options?

Are there any risks associated with buying and selling on amazon with bitcoins?
Maybe they do not want bitcoin to  rule the world LOL.
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