Bitcoin Forum
November 24, 2017, 05:02:37 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: How do we get buisness such as amazon to accept bit coin?  (Read 1289 times)
strunberg
Sr. Member
****
Offline Offline

Activity: 434


View Profile
April 08, 2013, 04:35:43 AM
 #1

I'm wondering how do we get business such as Amazon to accept bit coin?
Do we go to them,or do they come to us?

If we don't get a big business on board to accept bit coin, I'm afraid bit coin is doomed at the end of the day.



                                         ▄
                 ▄▄████████▄▄         ▄▄██
 ▄▄           ▄██▀▀        ▀▀██▄    ▄███▀
 ▀███▄▄     ▄█▀                ▀█▄▄█████▀
  ▀██████▄▄█▀                ▄▄███████▀
   ▐█████████▄           ▄▄███████████
     ▀█████████▄▄      ▄█████████████
       ▀██████████    ███████████████
        ▐▀█████████  █████████████▀ ▐▌
        ▐▌ ▀▀██████ ▐███████████▀   ▐▌
        ▐▌      ▀██ ▐█████████▀     ▐▌
         █        ▀  ██████         █
         ▐█          ▐█████▄       █▌
          ▀█▄         ▀██████▄   ▄█▀
            ▀█▄         ▀█████▌▄█▀
              ▀██▄▄       ▀▄▄██▀
                ▀▀████████▀▀
T
.ANGEL TOKEN.
[]

                                         ▄
                 ▄▄████████▄▄         ▄▄██
 ▄▄           ▄██▀▀        ▀▀██▄    ▄█▀█▀
 ▀█▀█▄▄     ▄█▀                ▀█▄▄█  ▄█▀
  ▀█  ▀▀█▄▄█▀                ▄▄██░   █▀
   ▐▄▄  ░░░▀█▄           ▄▄█▀▀░░░   ▄█
     ▀█▄ ░░░▒▒█▄▄      ▄██▒▒▒▒▒░    █
       ▀▄▄ ░░▒▒▒▓█    ██▒▒▒▒▒▒░   ▄▄█
        ▐▀█▄░░▒▒▓██  █▓▒▒▒▒▒▒░  ▄█▀ ▐▌
        ▐▌ ▀▀█▒▓███░▐█▓▒▒▒▒░░ ▄█▀   ▐▌
        ▐▌      ▀██ ▐█▓▓▒▒▄▄▄█▀     ▐▌
         █        ▀  █▓█▀▀█         █
         ▐█          ▐▄▓░ █▄       █▌
          ▀█▄         ▀█▒░ ▀█▄   ▄█▀
            ▀█▄         ▀█▄▄▄█▌▄█▀
              ▀██▄▄       ▀▄▄██▀
                 ▀▀████████▀▀
1511542957
Hero Member
*
Offline Offline

Posts: 1511542957

View Profile Personal Message (Offline)

Ignore
1511542957
Reply with quote  #2

1511542957
Report to moderator
1511542957
Hero Member
*
Offline Offline

Posts: 1511542957

View Profile Personal Message (Offline)

Ignore
1511542957
Reply with quote  #2

1511542957
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Ekaros
Hero Member
*****
Offline Offline

Activity: 728



View Profile
April 08, 2013, 04:38:13 AM
 #2

Prove that it's cheaper. And that it's stable.

12pA5nZB5AoXZaaEeoxh5bNqUGXwUUp3Uv
http://firstbits.com/1qdiz
Feel free to help poor student!
ant1248
Newbie
*
Offline Offline

Activity: 15


View Profile
April 08, 2013, 04:42:32 AM
 #3

Get it so they get hard cash from the Bitcoiners as worry free and easy (and less % than credit cards would help) as they do with normal money payers. aka they don't have to worry about losing money in Bitcoins if "the pyramid collapses" you know what I mean.
freespirit
Full Member
***
Offline Offline

Activity: 170


View Profile
April 08, 2013, 04:46:34 AM
 #4

Create a bitcoin-only competitor to Amazon capable of putting Amazon out of business. Grin
mgio
Hero Member
*****
Offline Offline

Activity: 546


View Profile
April 08, 2013, 05:17:54 AM
 #5

I'd love it if Amazon accepted bitcoins but it is not really that important, at least right now.

Bitcoins future might not be as a currency we use for everyday transactions but as an inflation-proof store of money, kind of like gold, only better.

MikeH
Sr. Member
****
Offline Offline

Activity: 406


View Profile
April 08, 2013, 02:41:25 PM
 #6

create a list of companies you want to accept bitcoins - have a bunch of people in the forum send them an email asking if or when they will accept bitcoins.

I bet at least one will take it on and with that news, others will follow.
Neverest
Jr. Member
*
Offline Offline

Activity: 56



View Profile
April 08, 2013, 03:45:27 PM
 #7

If Amazon wanted Bitcoins, they'd started their own cryptocurrency... They already have a larger userbase.

But to answer your question: it needs stability, for a long time. While being volatile BTC is an investment and not a currency. No seller of tangible goods should accept volatile currency as they need to pay their suppliers in real money. No buyer will use it as either the item is overpriced or he will get buyer (BTC sellers) remorse. Stability is needed to restore/gain trust.

20 years of crypto/Digicash experience. BTC: 1CHCSdHZj9Umcek2wKkwzRTB3rLkUb8yma
strunberg
Sr. Member
****
Offline Offline

Activity: 434


View Profile
April 08, 2013, 06:21:26 PM
 #8

create a list of companies you want to accept bitcoins - have a bunch of people in the forum send them an email asking if or when they will accept bitcoins.

I bet at least one will take it on and with that news, others will follow.

Gunbroker
ebay
Most if not all gun companies
Amazon
Pizza Hut
Precious Metal companies
Newegg
Tiger direct
walmart
costco
Steam Store.
Fedex
various credit card companies
Stable Prices.CO Grin



                                         ▄
                 ▄▄████████▄▄         ▄▄██
 ▄▄           ▄██▀▀        ▀▀██▄    ▄███▀
 ▀███▄▄     ▄█▀                ▀█▄▄█████▀
  ▀██████▄▄█▀                ▄▄███████▀
   ▐█████████▄           ▄▄███████████
     ▀█████████▄▄      ▄█████████████
       ▀██████████    ███████████████
        ▐▀█████████  █████████████▀ ▐▌
        ▐▌ ▀▀██████ ▐███████████▀   ▐▌
        ▐▌      ▀██ ▐█████████▀     ▐▌
         █        ▀  ██████         █
         ▐█          ▐█████▄       █▌
          ▀█▄         ▀██████▄   ▄█▀
            ▀█▄         ▀█████▌▄█▀
              ▀██▄▄       ▀▄▄██▀
                ▀▀████████▀▀
T
.ANGEL TOKEN.
[]

                                         ▄
                 ▄▄████████▄▄         ▄▄██
 ▄▄           ▄██▀▀        ▀▀██▄    ▄█▀█▀
 ▀█▀█▄▄     ▄█▀                ▀█▄▄█  ▄█▀
  ▀█  ▀▀█▄▄█▀                ▄▄██░   █▀
   ▐▄▄  ░░░▀█▄           ▄▄█▀▀░░░   ▄█
     ▀█▄ ░░░▒▒█▄▄      ▄██▒▒▒▒▒░    █
       ▀▄▄ ░░▒▒▒▓█    ██▒▒▒▒▒▒░   ▄▄█
        ▐▀█▄░░▒▒▓██  █▓▒▒▒▒▒▒░  ▄█▀ ▐▌
        ▐▌ ▀▀█▒▓███░▐█▓▒▒▒▒░░ ▄█▀   ▐▌
        ▐▌      ▀██ ▐█▓▓▒▒▄▄▄█▀     ▐▌
         █        ▀  █▓█▀▀█         █
         ▐█          ▐▄▓░ █▄       █▌
          ▀█▄         ▀█▒░ ▀█▄   ▄█▀
            ▀█▄         ▀█▄▄▄█▌▄█▀
              ▀██▄▄       ▀▄▄██▀
                 ▀▀████████▀▀
nebulus
Hero Member
*****
Offline Offline

Activity: 490


... it only gets better...


View Profile
April 08, 2013, 06:27:06 PM
 #9

Create a bitcoin-only competitor to Amazon capable of putting Amazon out of business. Grin

Help us get there!

www.coingig.com

strunberg
Sr. Member
****
Offline Offline

Activity: 434


View Profile
April 08, 2013, 06:31:35 PM
 #10

Your thoughts on creating a wiki for contacting business to accept bit coin ?



                                         ▄
                 ▄▄████████▄▄         ▄▄██
 ▄▄           ▄██▀▀        ▀▀██▄    ▄███▀
 ▀███▄▄     ▄█▀                ▀█▄▄█████▀
  ▀██████▄▄█▀                ▄▄███████▀
   ▐█████████▄           ▄▄███████████
     ▀█████████▄▄      ▄█████████████
       ▀██████████    ███████████████
        ▐▀█████████  █████████████▀ ▐▌
        ▐▌ ▀▀██████ ▐███████████▀   ▐▌
        ▐▌      ▀██ ▐█████████▀     ▐▌
         █        ▀  ██████         █
         ▐█          ▐█████▄       █▌
          ▀█▄         ▀██████▄   ▄█▀
            ▀█▄         ▀█████▌▄█▀
              ▀██▄▄       ▀▄▄██▀
                ▀▀████████▀▀
T
.ANGEL TOKEN.
[]

                                         ▄
                 ▄▄████████▄▄         ▄▄██
 ▄▄           ▄██▀▀        ▀▀██▄    ▄█▀█▀
 ▀█▀█▄▄     ▄█▀                ▀█▄▄█  ▄█▀
  ▀█  ▀▀█▄▄█▀                ▄▄██░   █▀
   ▐▄▄  ░░░▀█▄           ▄▄█▀▀░░░   ▄█
     ▀█▄ ░░░▒▒█▄▄      ▄██▒▒▒▒▒░    █
       ▀▄▄ ░░▒▒▒▓█    ██▒▒▒▒▒▒░   ▄▄█
        ▐▀█▄░░▒▒▓██  █▓▒▒▒▒▒▒░  ▄█▀ ▐▌
        ▐▌ ▀▀█▒▓███░▐█▓▒▒▒▒░░ ▄█▀   ▐▌
        ▐▌      ▀██ ▐█▓▓▒▒▄▄▄█▀     ▐▌
         █        ▀  █▓█▀▀█         █
         ▐█          ▐▄▓░ █▄       █▌
          ▀█▄         ▀█▒░ ▀█▄   ▄█▀
            ▀█▄         ▀█▄▄▄█▌▄█▀
              ▀██▄▄       ▀▄▄██▀
                 ▀▀████████▀▀
Ekaros
Hero Member
*****
Offline Offline

Activity: 728



View Profile
April 08, 2013, 06:42:35 PM
 #11

By using Bitcoin. They'll realise they're late to the party soon enough.

So how long will it take for them to be late?

I mean unless they are losing a lot of bussiness because they haven't adopted bitcoin, they aren't really late. And then they also need suppliers to use bitcoin...

12pA5nZB5AoXZaaEeoxh5bNqUGXwUUp3Uv
http://firstbits.com/1qdiz
Feel free to help poor student!
Neverest
Jr. Member
*
Offline Offline

Activity: 56



View Profile
April 08, 2013, 06:49:13 PM
 #12

By using Bitcoin. They'll realise they're late to the party soon enough.

So how long will it take for them to be late?

I mean unless they are losing a lot of bussiness because they haven't adopted bitcoin, they aren't really late. And then they also need suppliers to use bitcoin...

As I said above: as long as it is volatile, it won't be used as currency. Electronics retailers only make a few% profit nowadays. They can't take the risk of even a minor 10-20% drop in value as they need to pay the suppliers. Same for the suppliers. Owning a store and selling things is a whole different thing compared to investing in volatile currency or stocks.
When is the last time you went to the Apple store and tried to buy a mac with an APPL share?
Only shops that have either obscene mark-ups (glasses!) or shops that sell digital goods can take the risk, but even they will need to pay their employees in cold hard cash.

20 years of crypto/Digicash experience. BTC: 1CHCSdHZj9Umcek2wKkwzRTB3rLkUb8yma
Ekaros
Hero Member
*****
Offline Offline

Activity: 728



View Profile
April 08, 2013, 06:57:42 PM
 #13

By using Bitcoin. They'll realise they're late to the party soon enough.

So how long will it take for them to be late?

I mean unless they are losing a lot of bussiness because they haven't adopted bitcoin, they aren't really late. And then they also need suppliers to use bitcoin...

As I said above: as long as it is volatile, it won't be used as currency. Electronics retailers only make a few% profit nowadays. They can't take the risk of even a minor 10-20% drop in value as they need to pay the suppliers. Same for the suppliers. Owning a store and selling things is a whole different thing compared to investing in volatile currency or stocks.
When is the last time you went to the Apple store and tried to buy a mac with an APPL share?
Only shops that have either obscene mark-ups (glasses!) or shops that sell digital goods can take the risk, but even they will need to pay their employees in cold hard cash.

Digital goods also depend on their contracts. Those products aren't really free either if you aren't one owning them. Either you have to buy them at wholesale price or you are an agent and even then I believe there is some minimum prices to be observed...

12pA5nZB5AoXZaaEeoxh5bNqUGXwUUp3Uv
http://firstbits.com/1qdiz
Feel free to help poor student!
Neverest
Jr. Member
*
Offline Offline

Activity: 56



View Profile
April 08, 2013, 07:25:54 PM
 #14

By using Bitcoin. They'll realise they're late to the party soon enough.

So how long will it take for them to be late?

I mean unless they are losing a lot of bussiness because they haven't adopted bitcoin, they aren't really late. And then they also need suppliers to use bitcoin...

As I said above: as long as it is volatile, it won't be used as currency. Electronics retailers only make a few% profit nowadays. They can't take the risk of even a minor 10-20% drop in value as they need to pay the suppliers. Same for the suppliers. Owning a store and selling things is a whole different thing compared to investing in volatile currency or stocks.
When is the last time you went to the Apple store and tried to buy a mac with an APPL share?
Only shops that have either obscene mark-ups (glasses!) or shops that sell digital goods can take the risk, but even they will need to pay their employees in cold hard cash.

Digital goods also depend on their contracts. Those products aren't really free either if you aren't one owning them. Either you have to buy them at wholesale price or you are an agent and even then I believe there is some minimum prices to be observed...

Correct. I was referring to easily duplicated products (digital), but as you pointed out this can't include certain items like copyrighted music etc, as you cannot force an artist to accept the risk. So this leaves us with privately produced eBooks, private image-licensing etc. Still even these items are not for free, the photographer still needs to replace his camera every few years etc.

20 years of crypto/Digicash experience. BTC: 1CHCSdHZj9Umcek2wKkwzRTB3rLkUb8yma
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!