Monnt
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April 20, 2017, 08:26:38 AM |
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What would this do to the market? What do you expect?
I do strongly believe one day Amazon will start accepting bitcoin payments, it will create some hype in bitcoin market but I do not think no chances for drastic changes as people are already using bitcoins for Amazon shopping through gift cards. So there are markets for this, but official acceptance will trigger more market share for this, hence we can expect some up surge of bitcoin prices once Amazon make an announcement.
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CraigWrightBTC
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April 20, 2017, 08:33:26 AM |
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If the Amazon would accept bitcoin for payment method on there, there are some will happen with this, first bitcoin will be more famous than righ now, second price of bitcoin will be increasing because of there are many people use bitcoin for payment method on Amazon and the Amazon will get costumers around the world especially from comunity of bitcoin.
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SHAWN-MIDWAYS
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April 20, 2017, 09:22:39 AM |
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Amazon is a megastore and if it were to accept bitcoin it would certainly force other competitors like ebay,aliexpress and many others to follow as this would be a huge step to make more sales and also increase their customer base and we would see demand for bitcoin also increase
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noictib
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April 20, 2017, 09:37:17 AM |
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What would this do to the market? What do you expect?
This will happen soon , Because I think it will introduce the world with the bitcoin , here I am not saying to introduce with us , but here in the world many numbers of people don't know bitcoin , so it may be possible that more and more people enter in the bitcoin and make the bitcoin much more powerful and more increase in the price . So here overall we will get profit through multiply our bitcoin by increase the rate in the internet market . And also it should be taken into care that 21 millions of bitcoin are very less amount in the world to use , so here it is really easy for use that how much we can make profit with video .
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TIDOVEE
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April 20, 2017, 09:53:25 AM |
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If amazon should accept bitcoin, that will be fine, as it will be a direct exchange/transaction online. and i think it will soon be.
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enhu
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April 20, 2017, 01:05:06 PM |
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If they accept BTC, they will soon be accepting other coins as well. I'd like to think ETHereum will also be there and so are the ones that will caught Amazon's interest. It always feel like the next years are going to be good for early adopters like us who are holding btcs and some other coins. If Microsoft accepts ETH, they will probably do too.
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lockept93 (OP)
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May 05, 2017, 02:49:30 AM |
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What other companies would have a effect on BTC if they accept it?
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Sled
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May 05, 2017, 04:37:25 AM |
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If Amazon accepts bitcoin then it will be a big news because Amazon and Bitcoin is a very big names in the industry of economy and there is already a lot of people in Amazon that keep using their service so those people could possibly use bitcoin also if their company accepted bitcoin as another type of payment method because they will find out that bitcoin has a lot of potentials.
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xuan87
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May 05, 2017, 11:29:27 AM |
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Amazon is a big company, if bitcoin is accepted it will make our transaction become easier and people don't need to be afraid of credit card fraud, it will be good for both, Amazon will get more selling and bitcoin will get more popularity, if big company like Amazon or other big e-commerce company adapting bitcoin we will see another big rising for bitcoin
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Global LED Adoption Through Blockchain Technology ≒≒≒≒≒≒≒≒≒『ICO IS LIVE』≒≒≒≒≒≒≒≒≒ | |
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jeraldskie11
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May 05, 2017, 12:15:42 PM |
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If Amazon will accept BTC as a payment, the benefits for us is we can buy things using bitcoin as a payment so there is no hassle for us convert into our legal currency, we can direct buying products using BTC. And the benifits for Amazon is demand of their product will increase so that they can increase the price of their product because of lack of supply.
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kidoseagle0312
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May 05, 2017, 05:50:09 PM |
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What would this do to the market? What do you expect?
If the Amazon would accept Bitcoin it will be a big help for them to promote their site because it can't be deny that bitcoin community is that small to be compare to other shopping on-line. And for sure, the target market was all countries in the entire world due Bitcoin was international currency which is available to all countries that has a good connection of the Internet.
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lockept93 (OP)
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May 07, 2017, 07:55:58 AM |
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What is about ebay? They would be perfect for microtransactions.
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VC George
Sr. Member
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Merit: 250
Carpe noctem
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May 07, 2017, 06:35:05 PM |
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I'm quite confident that Amazon won't be accepting Bitcoin any time soon and there's a reason! Gyft.com, Purse.io and many other vendors are selling amazon giftcards directly for Bitcoin which means Amazon wants Bitcoiners to come to them, they ain't planning on assisting Bitcoin or anything similar, just to squeeze more cash in.
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Reid
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May 07, 2017, 06:38:13 PM |
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i dont think amazon will accept btc..and why? and anyone can get a debit card to buy on amazon..
It is an if. So the answer disregards that amazon will not accept it although it is true. If ever it will. There will be a large increase in the usage of bitcoin and somehow it might also increase the bitcoin price. There are too many items at amazon and with payment option opening thru bitcoin then many of us here in this forum will come running and buy what we want thru bitcoin also. It will be a big hit,
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nahtnam
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Merit: 1000
nahtnam.com
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May 08, 2017, 04:09:59 PM |
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Nothing much. The price would increase since investors will buy up, but no significant change IMO.
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pinkpanther03
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May 08, 2017, 05:33:46 PM |
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What would this do to the market? What do you expect?
It will be an advantage for us as an bitcoin enthusiast, because its an additional edge to share to our friends that bitcoin now was being use as mode of payment online in amazon.com, Therefore, expect the high jump price value of bitcoin.
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xFiber
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May 08, 2017, 06:16:37 PM |
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I think it's still too early for that to happen. In order to do so we need 2 things to happen.
1. Instant or nearly instant transactions 2. Alot of more people who frequently use bitcoin. This will add alot more liquidity and stabilize the price.
If alot of people start using BTC amazon will be forced to jump on the train. But we're not there yet.
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AngelSky
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May 08, 2017, 06:17:15 PM |
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What would this do to the market? What do you expect?
It will be an advantage for us as an bitcoin enthusiast, because its an additional edge to share to our friends that bitcoin now was being use as mode of payment online in amazon.com, Therefore, expect the high jump price value of bitcoin. Correct, we can use bitcoin in amazon using Purse.io site. You can make payment using bitcoin and you will be able to get the discount also around 15% and more. You can get the some reward credit points to use the bitcoin in this site. We will hope Amazon will accept bitcoin directly in their site.
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AK47-
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May 09, 2017, 01:00:12 PM |
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There will be some popularity. More people will know about bitcoin. But I think not many people use bitcoin for shopping as people prefer bitcoin as investment. So they are likely to spend fiat in such cases. I am not saying everybody does that. But the bigger fraction of bitcoin owner keep it as investment and hardly use it in any kind of shopping.
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iqlimasyadiqa
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Merit: 1011
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May 09, 2017, 01:11:27 PM |
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What would this do to the market? What do you expect?
If amazon can accept bitcoin of course this will be a very extraordinary thing. A major online merchant in the world can make all other merchants interested in receiving bitcoin. If this happens then it could be a bitcoin price increase will be much greater than today. And bitcoin demand is increasing from various circles
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