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Author Topic: Amazon to accept Bitcoin as early as this October?  (Read 3538 times)
Samarkand
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October 08, 2017, 09:20:26 AM
 #121

Well there is a petition on Change.Org

https://www.change.org/p/jeff-bezos-amazon-com-should-accept-bitcoin-and-litecoin-cryptocurrency-as-payment-methods-asap

If this is really true that Amazon would accept bitcoin as payment then this would be one step to global acceptance. Bitcoin community will have now the options to used bitcoin directly to buy things from Amazon. It will benefits both the market and Amazon itself. There might be challenges for sure, like the price volatility of bitcoin. But if they were able to successful implement it, other big and popular online store would follow the lead by Amazon. Let us see if this will come into reality.

I´d argue that this petition on change.org would have a higher chance of success if they scrapped
the Litecoin part. Litecoin blocks are basically empty, which implies that the coin is barely used
to transact at all. Therefore it would not make much sense to add LTC payments.

In my opinion Litecoin´s use case is being a testnet for new Bitcoin features (e.g. Segwit was live
on the LTC network well before the BTC network).
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October 08, 2017, 12:44:59 PM
 #122

Well there is a petition on Change.Org

https://www.change.org/p/jeff-bezos-amazon-com-should-accept-bitcoin-and-litecoin-cryptocurrency-as-payment-methods-asap

If this is really true that Amazon would accept bitcoin as payment then this would be one step to global acceptance. Bitcoin community will have now the options to used bitcoin directly to buy things from Amazon. It will benefits both the market and Amazon itself. There might be challenges for sure, like the price volatility of bitcoin. But if they were able to successful implement it, other big and popular online store would follow the lead by Amazon. Let us see if this will come into reality.
there has been no information about what steps will be taken by amazon, we have to wait until there is an official decision because without such a thing then everything is currently only limited speculation. it could happen and could not happen. so it's better to just sit there and wait so that no speculator can affect the bitcoin price in the global market share.
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October 08, 2017, 07:29:06 PM
 #123

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
No doubt this would be a big achievement for bitcoin that it will be accepted as legal payment method in one of the largest e-commerce company. Popularity of bitcoin will increase more after this step, community is becoming more larger and more stronger day by day after the legalization of bitcoin in many countries and state.
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October 08, 2017, 07:38:21 PM
 #124

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
No doubt this would be a big achievement for bitcoin that it will be accepted as legal payment method in one of the largest e-commerce company. Popularity of bitcoin will increase more after this step, community is becoming more larger and more stronger day by day after the legalization of bitcoin in many countries and state.

This is major achievement by Amazon and biggest adoption for bitcoin. Henceforth users will be able to buy the products with the bitcoin. If the price increases you feel that you are getting additional discount and site discount also more for you to buy things. Btc will reach to all the people because of this adoption.

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sanjeevtalks (OP)
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November 02, 2017, 05:19:35 AM
 #125

Guys October has come and gone with no news on Amazon accepting Bitcoins for payments.

Interestingly though we hear that Amazon subsidiary has registered for Cryptocurrency and Ethereum Domains. It looks like they are working in this space and would be interesting to see what shape it takes.

More Info here https://www.coindesk.com/amazon-subsidiary-registers-3-cryptocurrency-web-domains/
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November 02, 2017, 05:53:11 PM
 #126

Guys October has come and gone with no news on Amazon accepting Bitcoins for payments.

Interestingly though we hear that Amazon subsidiary has registered for Cryptocurrency and Ethereum Domains. It looks like they are working in this space and would be interesting to see what shape it takes.

More Info here https://www.coindesk.com/amazon-subsidiary-registers-3-cryptocurrency-web-domains/

Yeah amazon is accept the bitcoin for the online purchase. it is inter nation online shop so it will accept the all purchase for the future improvement. Country people it will be using. So it good to purchase for the online shop. It will give more information for the online purchase.

 
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November 02, 2017, 07:22:01 PM
 #127

Guys October has come and gone with no news on Amazon accepting Bitcoins for payments.

Interestingly though we hear that Amazon subsidiary has registered for Cryptocurrency and Ethereum Domains. It looks like they are working in this space and would be interesting to see what shape it takes.

More Info here https://www.coindesk.com/amazon-subsidiary-registers-3-cryptocurrency-web-domains/

Yeah amazon is accept the bitcoin for the online purchase. it is inter nation online shop so it will accept the all purchase for the future improvement. Country people it will be using. So it good to purchase for the online shop. It will give more information for the online purchase.
In other words, these are old projects that begin to operate in a new way, while using the crypto currency as a payment. Of course This is a huge plus not only for Bitcoin users, but also for the trading platform itself. As of today, apart from Amazon, there are many other trading platforms, and there are new projects that have even been promoted to bitcointalk. Maybe we'll soon see Staff Go Go.
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November 03, 2017, 12:48:41 AM
 #128

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.
Oh, come on! Amazon debunked such rumor and called it a fake news.
Here is the post i made in the Press section about Amazon and bitcoin rumor.
https://bitcointalk.org/index.php?topic=2223175.0
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November 03, 2017, 03:25:27 AM
 #129

There's been some positive developments since earlier this year but there's nothing to suggest its more than purely hype at this stage

The domains could've been secured to prevent other entities from acquiring them or they could actually be considering adopting BTC or ETH, whichever its an exciting development if they do accept those in future as that would be a massive boon for cryptos all round!

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November 03, 2017, 05:36:33 AM
 #130

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.
Oh, come on! Amazon debunked such rumor and called it a fake news.
Here is the post i made in the Press section about Amazon and bitcoin rumor.
https://bitcointalk.org/index.php?topic=2223175.0
Finally someone sharing a realiable information and after reading that press release, well, it's just misleading information from a blog post, yeah a blog post, what a stupid dumb who believes such thing LOL.
People here should learn how to select information reliably, and trustworthy, not just reading a title.

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November 03, 2017, 06:47:01 AM
 #131

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
I think BTC is expending. It can replace the curent paper money. Amazone acceptance of the BTC is correct. At present BTC is developing very strongly, showing its potential in the future is like
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November 03, 2017, 09:56:25 AM
 #132

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.

Before Amazon accepts BTC it will accept ETN.
Somebody quote this for reference please.

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November 03, 2017, 11:28:20 AM
 #133

Amazon will not accept cryptocurrencies unless volatility issue resolved
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November 04, 2017, 08:09:12 PM
 #134

Amazon to accept Bitcoin as early as this October?

It is official. Amazon will not accept Bitcoin in October. At least not this one. Tongue   October sadly ended.
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November 07, 2017, 08:33:20 AM
 #135

I know of some sites that accepts bitcoin for online purchase, but for amazon, it is a big and we'll known online shopping mall that might not accept bitcoin. If I am mistaking, correct me, this is November, is amazon accepting bitcoin now, cause the last time I checked it's not.
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