What u think will happen if Amazon would accept BTC?

[lockept93]

What would this do to the market? What do you expect?

[knircky]

What would this do to the market? What do you expect?

Nothing. You can already pay on Amazon with btc.

Bitcoin needs a real use case. Amazon is not it.

[vivabux]

i dont think amazon will accept btc..and why? and anyone can get a debit card to buy on amazon..

[Acklinve]

I know your talking about amazon but pink coin is doing a promo and I thought yall might like to hear.

[omonuyak]

What would this do to the market? What do you expect?

if amazon should adopt bitcoin as a mode of payment, I will expect the bitcoin price and value to have a very high jump and others big site like google, yahoo, ebay and aliexpress will follow in adoption. After this I will expect government from both developed countries and developing countries to legalize it and at this point I will expect bitcoin price to be above $10,000.

[shinratensei_]

What would this do to the market? What do you expect?

Nothing. You can already pay on Amazon with btc.

Bitcoin needs a real use case. Amazon is not it.

Believe me, in this time bitcoin is not seriously needed a real use case. You should be considered about the recent condition of bitcoin chain. 

What would this do to the market? What do you expect?

if amazon should adopt bitcoin as a mode of payment, I will expect the bitcoin price and value to have a very high jump and others big site like google, yahoo, ebay and aliexpress will follow in adoption. After this I will expect government from both developed countries and developing countries to legalize it and at this point I will expect bitcoin price to be above $10,000.

Nope, There are some possibilities for the bitcoin users use the amazon service through the debit card or amazon voucher. But looks like that the ways aren't having a lot of demand. That can be reflected as the result if amazon accepting the bitcoin as the direct payment to the site.

Legalization of the bitcoin still become another concern.
We know if all of the things related to the crypto still on the gray area. 

[iram3130]

What would this do to the market? What do you expect?

if amazon should adopt bitcoin as a mode of payment, I will expect the bitcoin price and value to have a very high jump and others big site like google, yahoo, ebay and aliexpress will follow in adoption. After this I will expect government from both developed countries and developing countries to legalize it and at this point I will expect bitcoin price to be above $10,000.

That's highly unlikely to happen. Amazon, Google or any big company will think a thousand times before taking such a step because nobody knows the price of a Bitcoin tomorrow. If it increases then the people will not be using it to buy things and if it decreases then companies will be in a huge loss.
They can't accept a decentralized currency as payment gateway.

[NyeFee]

This option is unlikely due to the fact that bitcoin is not regulated by anyone. But if they could do this, then the crypto currency would be much more popular and its price would rise significantly.

[pooya87]

What would this do to the market? What do you expect?

Nothing. You can already pay on Amazon with btc.

Bitcoin needs a real use case. Amazon is not it.

buying a gift card from a third party which has no affiliation with Amazon and then spending that Gift card on Amazon website is not called "pay on Amazon with bitcoin". it is called using a third party.
and Amazon cane potentially be one of the use cases for bitcoin, and a big one at that.

[DD-Lex]

What would this do to the market? What do you expect?

if amazon should adopt bitcoin as a mode of payment, I will expect the bitcoin price and value to have a very high jump and others big site like google, yahoo, ebay and aliexpress will follow in adoption. After this I will expect government from both developed countries and developing countries to legalize it and at this point I will expect bitcoin price to be above $10,000.

That's highly unlikely to happen. Amazon, Google or any big company will think a thousand times before taking such a step because nobody knows the price of a Bitcoin tomorrow. If it increases then the people will not be using it to buy things and if it decreases then companies will be in a huge loss.
They can't accept a decentralized currency as payment gateway.

Yes, this is a risky step. In the event of a significant drop in bitcoin, large companies may remain in a huge loss. So far this prospect is not expected.

[bitcoinisbest]

Well I think people who looking to shop around with btc and if amazon accepts it then certainly such people will buy all the products required for their daily will buy from amazon and certainly this will make their sale a more higher as their is another payment mode available to users.

[dmamigo]

It would definitely a plus point for Shoppers who are indulged with BTC. But it is kind of uncertain and unlikely that Amazon will start selling goods by accepting BTC, because the value is volatile. Moreover, still many country has hanging views against BTC, neither its banned nor legal, so there is a fear of sudden government acts which can create issues with their business.

[Stedsm]

If Amazon ever allows Bitcoin to be used as a mode of payment at their site, this will open doors for Bitcoin to be accepted at some more reputed shopping websites too like Walmart, FlipKart, etc. which would definitely add up too much value to the prestige of bitcoins, and possibly an unbelievable and incredible rise in the price of Bitcoins will be seen.

[Joel_Jantsen]

What would this do to the market? What do you expect?

Nothing.Amazon will give free shipping and no transaction fees for all the orders above 0.30 btc.Also amazon prime will give super discounts on your daily amazon bitcoin wallet.They'd also sell their physical bitcoin wallet just to make sure your bitcoins are safe with them.

[ArdiPrabowo]

What would this do to the market? What do you expect?

I think is amazing if amazon accepted payment use bitcoin
is very incraese trusted about bitcoin, incraese bitcoin user and then volume transaction bitcoin incraese too, last effect bitcoin price can incraese very high

[Qartada]

Paying with Bitcoin on Amazon is super easy.  Various sites sell you gift cards for it, and you can even pay pretty much directly on services like Purse.io.

The only effect that Amazon accepting Bitcoin would have on the price is that some people look at it and see it as a cool little gimmick, don't appreciate Bitcoin really but buy a little and spend it on Amazon.  If that happened though, the transaction volume would increase resulting in transaction fees rising too high for people to keep doing it so it would be a sort of self-regulating system in which only a small amount more people actually use it.

The only reason why the price could possibly rise is because of speculation from people who think Amazon would bring more users.  In reality, it's always mostly just random people who don't stick around for long, and in the end not a lot would be bought on there with Bitcoin anyway.

[RoommateAgreement]

Amazon accepting bitcoin is a great thing, but only for those of us who already know bitcoin and have bitcoin in our wallets to spend.

for other people who don't have any bitcoin it would just be additional fees. because if you don't already have it you have to buy it. that means depositing fiat to an exchange or transferring money to someone who sells bitcoin which means 1 fiat transfer fee and then buy bitcoin at a bit higer price depending on which method you choose and spend at a little bit lower price (market rate) and that is another percentage lost.

[sikke]

As i have expected before reading this thread, was that there will be people here who are going to predict that if Amazon will adopt bitcoin payments, then its price will go up straight to the moon.

I think that it will influence the bitcoin/usd rate slighlty, but the biggest difference will be in that the BTC will be more attractive for people who dont see any usage, except buy goods with it.

That will make things easier for many newbies, also it will create a big market for selling goods online.

[squatz1]

As I've said many times, I don't think companies like this are going to be the ones that go ahead and move to accepting Crypto based on the fact that you're going to be using them either way if you want to buy something from their site. It's sad that they wouldn't want to innovate, but why would they spend the time and money associated with it when they don't need to in the least.

But going on the tangent of if they would accept BTC, I think it would start to stabilize the price of bitcoin based on the fact that a lot more people would be using it and it would be in demand for the price to be stable.

This option is unlikely due to the fact that bitcoin is not regulated by anyone. But if they could do this, then the crypto currency would be much more popular and its price would rise significantly.

Price would need to stabilize, people don't want to be using a currency this is worth x amount one day and 9/10th of that the next day. This is why people don't want to put their savings accounts into bitcoin too.

[bravehearth0319]

What would this do to the market? What do you expect?

if amazon should adopt bitcoin as a mode of payment, I will expect the bitcoin price and value to have a very high jump and others big site like google, yahoo, ebay and aliexpress will follow in adoption. After this I will expect government from both developed countries and developing countries to legalize it and at this point I will expect bitcoin price to be above $10,000.

Isn't the Amazon.com is already accepted bitcoin as an online shopping. And I knew this online shopping type will give help into bitcoin to increase the value of it. Moreover, there are other country who is already accepted bitcoin as their legal currency like in Japan, China, though its not 100% totally, but almost getting close to it.