Amazon to accept Bitcoin as early as this October?

[sanjeevtalks]

As per a report broken by Squaker.org Amazon will accept Bitcoins as a form of payment soon. We could see a likely announcement on October 26th during Amazon's earnings conference call.

This could turn out to be a massive moment in the BTC history which could open up further possibilities.

Here's the report

https://squawker.org/technology/breaking-amazon-will-accept-bitcoin-by-october/11

Original Source - James Altucher

https://allthepics.net/image/KoNqw

[senne]

This could bring another revolution in the cryptocurrency market. Till now no official statement has been issued that will Amazon introduce new mode of payment i.e. Bitcoin in their system. But as for now nearly 5,381 petitioners have  signed the campaign in demand of introduction of bitcoin in the system so Amazon might think upon it. Also, Amazon was one of the early e-commerce trading companies and many new e-commerce companies follow its foot-step if they legalize Bitcoin then many other e-commerce companies and other companies may also start accepting the bitcoins. Hence making it as a new revolution.

[sanjeevtalks]

This could bring another revolution in the cryptocurrency market. Till now no official statement has been issued that will Amazon introduce new mode of payment i.e. Bitcoin in their system. But as for now nearly 5,381 petitioners have  signed the campaign in demand of introduction of bitcoin in the system so Amazon might think upon it. Also, Amazon was one of the early e-commerce trading companies and many new e-commerce companies follow its foot-step if they legalize Bitcoin then many other e-commerce companies and other companies may also start accepting the bitcoins. Hence making it as a new revolution.

Let's wait till October 26th and find out.

[Lieldoryn]

If that happens it will be better than any of the legalization, but I think that this will not happen. The tax authorities will not be able to formally calculate and track such transactions and I think they will be against. I think such rumors are aimed only for advertising Amazon. Until 26 October will be free to spread news about them. Then some will say why this has not happened. What do they want?

[Jafri101]

No doubt amazon has one of the largest online sell in the world and if it start accepting bitcoins for shopping then certainly bitcoin will be more valuable and legit for those who still have questions in minds. 26th october isnt far away lets wait for the big moment.

[oegarod]

If that's true, then surely a large number of people will come to know about bitcoin as well starts using it for their good needs. Already few traders of eBay seems to accept bitcoin as payment. Anyhow the upcoming generations will stick to digital currency usage avoiding paper money and other card systems.

[leowonderful]

This could be some well-needed bullish news if it does happen. I've been using Newegg as my primary source of purchasing products with Bitcoin recently, Amazon could be a change. Amazon's an innovator and with any luck it'll pass. I'm also wondering what payment processor they'll use, Bitpay or something custom?

[DaMut]

it has not confirmed yet right ? do not over hyping about something that we are not sure,
i remembered a months ago when cameron and winklevoss proposing it,i found a lot a threads and  an articles about it will be approved by them and etc.
but in the reality ? it's rejected by them and because of that the price crashed for the moment.
to be honest i never heard about this actually,and seems like this issue is not well known,right.
do not get me wrong,i hope they can list Bitcoin as one of their payment point.
but do not let your head up to high because it has not yet confirmed by them,and currently we are facing a great storm cause by the chinese.
so stay cool and do not let your emotion take control

[Barbut]

https://bitcointalk.org/index.php?topic=1096611.0 And there are older topics about this matter. Like in second comment from OP

This could bring another revolution in the cryptocurrency market. Till now no official statement has been issued that will Amazon introduce new mode of payment i.e. Bitcoin in their system. But as for now nearly 5,381 petitioners have  signed the campaign in demand of introduction of bitcoin in the system so Amazon might think upon it. Also, Amazon was one of the early e-commerce trading companies and many new e-commerce companies follow its foot-step if they legalize Bitcoin then many other e-commerce companies and other companies may also start accepting the bitcoins. Hence making it as a new revolution.

Let's wait till October 26th and find out.

We need to wait and find out! Amazon is very big company and if they start to accept bitcoins that will make bitcoin more popular and trusted. I will not believe in this until it happens, I`m sure that one day they will start to accept bitcoins as payment method but when will that happen depends from them. Will they accept bitcoin directly or they will use service like bitpay is also important.
26 October is a month from now, that is not far away and soon we will know is this true or not. I`m sure that this can reflect on price and maybe bitcoin can really go to 10.000$ by the end of the year like some people predicted. I don`t see what else can make the price grow so much in just few months except this, I`m not sure that even this can enough for such price rise.

[BlackPanda]

If that's true, then surely a large number of people will come to know about bitcoin as well starts using it for their good needs. Already few traders of eBay seems to accept bitcoin as payment. Anyhow the upcoming generations will stick to digital currency usage avoiding paper money and other card systems.

we all hope this happens and the news is true. because with amazon action to receive payment via bitcoin then this will make bitcoin more widely known. we all know that amazon users very much and also come from various circles around the world. amazon is a good start for bitcoin to get back into the wider economy. if it happens then the first step we should do is to use amazoin and apply bitcoin as payment medium. this will make amazon and bitcoin increasingly have a bright future.

[Lancusters]

Amazon should have a port. Their main market is the United States. As far as I know in USA is not legalized trade with bitcoins therefore, in the case of a decision to take payment in bitcoin, the government or the tax office can block access to the website in America. The idea is beautiful, but I don't believe it.

[sanjeevtalks]

This could be some well-needed bullish news if it does happen. I've been using Newegg as my primary source of purchasing products with Bitcoin recently, Amazon could be a change. Amazon's an innovator and with any luck it'll pass. I'm also wondering what payment processor they'll use, Bitpay or something custom?

This is indeed a speculation at the moment. If it comes true then we could see a huge surge in the BTC value.

[sanjeevtalks]

it has not confirmed yet right ? do not over hyping about something that we are not sure,
i remembered a months ago when cameron and winklevoss proposing it,i found a lot a threads and  an articles about it will be approved by them and etc.
but in the reality ? it's rejected by them and because of that the price crashed for the moment.
to be honest i never heard about this actually,and seems like this issue is not well known,right.
do not get me wrong,i hope they can list Bitcoin as one of their payment point.
but do not let your head up to high because it has not yet confirmed by them,and currently we are facing a great storm cause by the chinese.
so stay cool and do not let your emotion take control

Yes. It should be treated as a wait and watch news at the moment and no more. But we should dream 

[panorama]

As per a report broken by Squaker.org Amazon will accept Bitcoins as a form of payment soon. We could see a likely announcement on October 26th during Amazon's earnings conference call.

This could turn out to be a massive moment in the BTC history which could open up further possibilities.

Here's the report

https://squawker.org/technology/breaking-amazon-will-accept-bitcoin-by-october/11

Original Source - James Altucher

https://allthepics.net/image/KoNqw

It's 100% pure speculation. I don't doubt that it'll happen at some point, but saying it'll happen *as early as* Oct 26th is a cop out statement since the only way he could be wrong is if it happens sooner than that.

[sanjeevtalks]

https://bitcointalk.org/index.php?topic=1096611.0 And there are older topics about this matter. Like in second comment from OP

This could bring another revolution in the cryptocurrency market. Till now no official statement has been issued that will Amazon introduce new mode of payment i.e. Bitcoin in their system. But as for now nearly 5,381 petitioners have  signed the campaign in demand of introduction of bitcoin in the system so Amazon might think upon it. Also, Amazon was one of the early e-commerce trading companies and many new e-commerce companies follow its foot-step if they legalize Bitcoin then many other e-commerce companies and other companies may also start accepting the bitcoins. Hence making it as a new revolution.

Let's wait till October 26th and find out.

We need to wait and find out! Amazon is very big company and if they start to accept bitcoins that will make bitcoin more popular and trusted. I will not believe in this until it happens, I`m sure that one day they will start to accept bitcoins as payment method but when will that happen depends from them. Will they accept bitcoin directly or they will use service like bitpay is also important.
26 October is a month from now, that is not far away and soon we will know is this true or not. I`m sure that this can reflect on price and maybe bitcoin can really go to 10.000$ by the end of the year like some people predicted. I don`t see what else can make the price grow so much in just few months except this, I`m not sure that even this can enough for such price rise.

Even if someone from Amazon comes out and rubbishes this report, then also we can go on with our lives. But if there's no news then I think we may see a small spike till the news comes out.

[PenStand]

if this is true, it will be really a big leap for both bitcoin and amazon. I am looking forward of this October now.

[alyssa85]

Let's wait till October 26th and find out.

This. I feel sure that if it was really true, bitcoin's price would have jumped as Amazon executives would have rushed to buy (because bitcoin is unregulated and they don't have to disclose if they own any, they buy without upsetting the SEC).

[sanjeevtalks]

Let's wait till October 26th and find out.

This. I feel sure that if it was really true, bitcoin's price would have jumped as Amazon executives would have rushed to buy (because bitcoin is unregulated and they don't have to disclose if they own any, they buy without upsetting the SEC).

That's a good point you make. Anyways I spend monitoring the prices multiple times a day. Will know if it starts going up.

[pereira4]

Let's wait till October 26th and find out.

This. I feel sure that if it was really true, bitcoin's price would have jumped as Amazon executives would have rushed to buy (because bitcoin is unregulated and they don't have to disclose if they own any, they buy without upsetting the SEC).

How do you know Amazon hasn't been buying millions since the $2800 dip? Hell, Jamie Dimon and Jeff Bezos may have teamed up to crash the market and buy a of cheap BTC before the news of Amazon accepting BTC became official. If it was fake, wouldn't Amazon have said it's fake already?

I would buy right now if I didn't own any BTC, you can't miss the potential pump if it turns out to be real.

[BrewMaster]

if it turns out to be true and Amazon does really start accepting bitcoin directly not though third parties like it is doing now with gift cards and all, then it will be huge for bitcoin!
Amazon is big and kind of global in many countries in the world and a great number of people are using it every day. if they start accepting bitcoin that will be HUGE publicity for bitcoin and in long run it will cause to a much greater adoption.