Amazon to accept Bitcoin as early as this October?

[xPPx]

Pass me some of that, too! I'm considering this speculation, but also praying that Amazon doesn't refute it. It's been a few days since posted, so...👍🏽

[nickfury]

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

If Amazon really accept BTC, which is good news for communities cryptocurrency, very easy for the disposal price for each product sold by BTC, Amazon will be the intermediary to sell products offered and they will receive a fee for each product sold by BTC.
P/s : I will wait for the next news about Amazon that you provide.

[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

If Amazon really accept BTC, which is good news for communities cryptocurrency, very easy for the disposal price for each product sold by BTC, Amazon will be the intermediary to sell products offered and they will receive a fee for each product sold by BTC.
P/s : I will wait for the next news about Amazon that you provide.

Yes. We are all waiting in anticipation of a positive news which will drive the value up.

[Febo]

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

If Amazon really accept BTC, which is good news for communities cryptocurrency, very easy for the disposal price for each product sold by BTC, Amazon will be the intermediary to sell products offered and they will receive a fee for each product sold by BTC.
P/s : I will wait for the next news about Amazon that you provide.

Yes. We are all waiting in anticipation of a positive news which will drive the value up.

Not much longer to wait. October is here. Well tomorrow. OK Tomorrow is Sunday so Day after tomorrow.  We will see what will happen. I do think many will get disappointed.

[UnDerDoG81]

Can not imagine. How will they do a refund? Btc price fluctuates every second. They can not pay you the same amount of btc back 20 days later. If you pay 1 btc and get 0,89 back then you'll become pissed, even if it is the same value you paid.

[LFC_Bitcoin]

Would love to see it but I can't see Amazon accepting bitcoin directly as a form of payment any time soon, sorry.

[Emelectrol]

Can not imagine. How will they do a refund? Btc price fluctuates every second. They can not pay you the same amount of btc back 20 days later. If you pay 1 btc and get 0,89 back then you'll become pissed, even if it is the same value you paid.

If you pay 1 btc you get 1 back, no matter the fluctuation.

They will introduce btc payments only on selected items in the beginning.

[cyberChevan]

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

This is a great news. Since Amazon is a huge online shop, accepting Bitcoin as a mode of payment will gradually help Bitcoin to pump its price. Many are using Amazon to shop so on one point or another, people will be introduced to Bitcoin thus increasing its demand. I just hope that this will become a reality and not just a rumor. And once this implementation was finished, I'll definitely buy some product there just to say I purchased something with my Bitcoin without converting it to fiat.

[Quidat]

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

This is a great news. Since Amazon is a huge online shop, accepting Bitcoin as a mode of payment will gradually help Bitcoin to pump its price. Many are using Amazon to shop so on one point or another, people will be introduced to Bitcoin thus increasing its demand. I just hope that this will become a reality and not just a rumor. And once this implementation was finished, I'll definitely buy some product there just to say I purchased something with my Bitcoin without converting it to fiat.

Back in the past I do really like to buy stuffs on Amazon but the thing that do block me is on its payment options which is really hard for me and now if this news is true then it would really be a huge step and would really be a convenience and advantage for those bitcoin users like me who do like to buy stuffs on amazon with the use of bitcoin.This will surely give effect on bitcoins price.

[UnDerDoG81]

Can not imagine. How will they do a refund? Btc price fluctuates every second. They can not pay you the same amount of btc back 20 days later. If you pay 1 btc and get 0,89 back then you'll become pissed, even if it is the same value you paid.

If you pay 1 btc you get 1 back, no matter the fluctuation.

They will introduce btc payments only on selected items in the beginning.

So you mean for example you pay 1 btc for an item wich equals $3500 at that time. Now btc goes up to $4300 1 week later and you sent the article back and and get 1 btc back wich is now worth $4300. You think that's ok for amazon?

[talks_cheep]

The last time a large company announced bitcoin acceptance, the price actually DROPPED. I'd like bitcoin price to go up as much as anyone here on the forum. But the reality is what it is. I'm just saying.

[cexylikepie]

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

This is a great news. Since Amazon is a huge online shop, accepting Bitcoin as a mode of payment will gradually help Bitcoin to pump its price. Many are using Amazon to shop so on one point or another, people will be introduced to Bitcoin thus increasing its demand. I just hope that this will become a reality and not just a rumor. And once this implementation was finished, I'll definitely buy some product there just to say I purchased something with my Bitcoin without converting it to fiat.

Back in the past I do really like to buy stuffs on Amazon but the thing that do block me is on its payment options which is really hard for me and now if this news is true then it would really be a huge step and would really be a convenience and advantage for those bitcoin users like me who do like to buy stuffs on amazon with the use of bitcoin.This will surely give effect on bitcoins price.

Indeed, I like to order through Amazon a lot because almost hardware for my PC from Amazon are cheaper than shops in my country. But I do not want to pay many money for transaction fees of Visa. This news really a happy news for people as me.

[HatakeKakashi]

If that happen for sure the price of bitcoin will increase because they have many user of amazon will buy bitcoin so the price will increase. I hope that true that amzon online shop in this month accept bitcoin as payment so the trasaction also will be easy and many user will use it. And I hope many online shop world wide use bitcoin and I think it will happen but its right time maybe next year.

[Pab]

I ve been reading that google will accept bitcoin like a payments for some of his services,but not confirmed

But i dont think it is behind current price rise for me that crypto boom is reflection of change what is now happening in the world

[Granxis]

If Amazon makes such an innovation, it will be an example of sites like eBay, Google, AliExpress. We will see it in October, so in this month.

[squatter]

The last time a large company announced bitcoin acceptance, the price actually DROPPED. I'd like bitcoin price to go up as much as anyone here on the forum. But the reality is what it is. I'm just saying.

I'm honestly confused by people getting so excited about merchant acceptance. What is this, 2014? I don't think it's realistic for a company of Amazon's scale to accept Bitcoin at this point. And if they did, they would need to hedge most or all of the fiat value -- meaning the more that bitcoiners "support" Amazon by spending BTC there, the more immediate downward pressure there is on the price. Spending BTC in this context is equal to selling it.

If people really want the price to go up, they should preach hoarding, not spending.

[batang_bitcoin]

Pass me some of that, too! I'm considering this speculation, but also praying that Amazon doesn't refute it. It's been a few days since posted, so...👍🏽

This thing isn't confirmed yet but it will be a good idea for them to start accepting bitcoin on their service. We know they are one of the biggest e-commerce business in the world and bitcoin is a good help for those people that doesn't want to use their identities such us credit cards and they don't want to link it anymore. This will make the demand of bitcoin higher and let's pray this will be locked on.

[Easteregg69]

Reminds me of the hype about DGB and the citiwhatever challenge.

[Easteregg69]

I ve been reading that google will accept bitcoin like a payments for some of his services,but not confirmed

But i dont think it is behind current price rise for me that crypto boom is reflection of change what is now happening in the world

Sounds great. Let us pay for services that else would be given for free.

Morons.

[pooya87]

I'm honestly confused by people getting so excited about merchant acceptance.

it is Amazon, it is not just some random small merchant

I don't think it's realistic for a company of Amazon's scale to accept Bitcoin at this point.

and why exactly is that not realistic

And if they did, they would need to hedge most or all of the fiat value -- meaning the more that bitcoiners "support" Amazon by spending BTC there, the more immediate downward pressure there is on the price. Spending BTC in this context is equal to selling it.

you think Amazon will sign up on bitstamp or poloniex or coinbase to sell the coins each day
because price is determined on those exchanges not the way merchants receive the money. and you seem to not know about how BitPay works by automatically converting bitcoin back to fiat.
also you seem to forget that for every buy there is a sell. someone buys bitcoin to spend so the merchant sell. there will be a balance.

If people really want the price to go up, they should preach hoarding, not spending.

price will go up with more adoption, more adoption happens with more people coming in, more people should be coming in to use bitcoin as a currency not just bag hold it to dump for more profit, and that will only happen with more merchants accepting bitcoin, and they will only accept it if people are spending bitcoin.

growth doesn't just happen on its own. there is a limit to how many speculators invest and how much price can go up because of them.