Idea: How to increase bitcoin demand

[odb36]

Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.

[smartbitcoininvestor]

I would be happy to submit a request to Amazon. Do you have a link to a contact page on Amazon where we can enter our request?

Even better: What if you made a template for us and we could just copy/paste it to make it easier for us?

Alternatively, we could start a BitcoinTalk.org petition for the adoption of Bitcoin on Amazon.com. I think it could have a chance to spread awareness, especially if we can get it on Reddit somehow.

[Virtual miner]

Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.

You look like new to the forum. This idea has already been discussed quite many times but the problem that persist is the transaction fees and highly volatile prices. Bitcoin prices sometimes fluctuate by 1000$ a day. How are they going to change prices of their products everyday? Moreover for such network to prevail they have to pay their dealers too with bitcoins.

[SvenBomvolen]

Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.

You look like new to the forum. This idea has already been discussed quite many times but the problem that persist is the transaction fees and highly volatile prices. Bitcoin prices sometimes fluctuate by 1000$ a day. How are they going to change prices of their products everyday? Moreover for such network to prevail they have to pay their dealers too with bitcoins.

I suppose they gonna set bitcoin prices by the current price for bitcoin. The greatest work should be done to everything would work effectively.
The demand really depends on us. I think such great e-shopping source will attract more attention to bitcoin than anything else. Other sites should to follow this example to become modern and more popular. That will bring the greates attention to whole crypto-world and we will get all benifits from that as bitcoin holders, the price will definitely rise to the sky.

[odb36]

I would be happy to submit a request to Amazon. Do you have a link to a contact page on Amazon where we can enter our request?

Even better: What if you made a template for us and we could just copy/paste it to make it easier for us?

Alternatively, we could start a [Suspicious link removed]. I think it could have a chance to spread awareness, especially if we can get it on Reddit somehow.

Yep, that's a great idea. I'll do a site listing top online retailers, and instructions on how to contact them, and what to write. For example, Amazon has hidden its contact form several levels deep and its not easy to find. I'm quite busy but will try to do the site in 3-4 days.

[PMmesexycoins]

Many people holding it seem to be in the hopes that more people buy into it and in turn increase its valuation and don't really seem to care to use it as currency anyway. Just how it is at the moment.

The fees as mentioned are definitely a huge hurdle for its adoption as currency.

[joseafonso123az]

This is a idea, but just bumping Amazon with thousands of requests about this, won't make BTC's value skyrocket! This topic has been discussed by amazon internally maybe, and being them a big market, I wonder if they could take on the risk with a very volatile coin arising. Ofcourse that this risk may make them even more rich, but they will have to sort this out, if they want to accept BTC payments.

[Red-Apple]

you won't increase the demand by doing that! you just show the demand that already exists. if those people who are willing to spend bitcoin on sites like Amazon can show their interest so that Amazon can know how many are out there who want this new feature.

you can not lie about it either. because if you show fake interest and they finally add bitcoin and it were not as big as it was claimed then it would be removed and will create a big shame. for example if you make fake demands for addition of ETH you will just embarrass yourself as nobody uses that for payments.

[odb36]

you won't increase the demand by doing that! you just show the demand that already exists. if those people who are willing to spend bitcoin on sites like Amazon can show their interest so that Amazon can know how many are out there who want this new feature.

you can not lie about it either. because if you show fake interest and they finally add bitcoin and it were not as big as it was claimed then it would be removed and will create a big shame. for example if you make fake demands for addition of ETH you will just embarrass yourself as nobody uses that for payments.

We are the users and we have the power to request cryptocurrency payments. Amazon values its users a lot, and that's the reason they're successful. If they receive enough signals from users that want BTC/Alt-coin payment method, they will start to consider it much more seriously than now.

The only way to make cryptocurrencies mainstream is to start buying/selling stuff with them, like with fiat. Don't worry about the transaction times and fee's, the market will find a way to solve the problem if there's enough user demand.

[Emoclaw]

Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.

Most major e-commerce websites such as Amazon are already aware of Bitcoin but there's one problem.
People who use Bitcoin to make purchases are only a tiny subfraction of Amazon's customers and implementing it wouldn't have any significant impact to their sales anyways because you (and everyone else) will use Amazon regardless.

[BrewMaster]

you should first think what kind of demand you want.
so far it has been mostly the speculator's demand type. where more people come in and start investing in bitcoin and want more money out of it. and there is nothing stopping that as long as bitcoin is on the rise. in other words it will be like this for years.

the other type of demand is what you point out, the demand as a currency. for that i am afraid an stable price is needed most. because when people feel 1 bitcoin which is worth x today can be worth 100x tomorrow they are less willing to spend that as a currency.

[mk4]

I would be happy to submit a request to Amazon. Do you have a link to a contact page on Amazon where we can enter our request?

Even better: What if you made a template for us and we could just copy/paste it to make it easier for us?

Alternatively, we could start a BitcoinTalk.org petition for the adoption of Bitcoin on Amazon.com. I think it could have a chance to spread awareness, especially if we can get it on Reddit somehow.

Amazon feedback link: https://www.amazon.com/gp/help/rsvp/leave-feedback.html

A petition would be good, probably on a site like change.org or something. I'm completely against making a template so we could just copy and paste the message though. They would probably just take it as spam. I prefer writing a short and sweet suggestion explaining how and why we wanted to pay with bitcoin.

[2double0]

It is not good to contact them directly but we should manage something which contains signs of verified buyers from Amazon with at least 50k - 100k people signing that petition and saying that they are interested in paying with Bitcoins and that Amazon should allow listen to their users' demand and allow them to do so. I think that Purse.io is the only way which allows us to buy and sell through Bitcoins at Amazon (indirectly), but it is limited to select countries and things and we need to lift up those limitations for which we need to push them hard.

[fossilized]

It certainly is a great idea but until traditional banking allows easy exchange of fiat to bitcoin and vice versa, it is unlikely that major companies will take bitcoin, especially if they are listed companies on the stock exchange. Accounting and auditing will be a nightmare for just an incremental, if at all, adjustment of revenues from cryptocurrency. Most will adopt a wait and see approach no matter what kind of lobbying they receive from bitcoin communities, as they know that it represents a small percentage of their client base.

Good idea, but it will take time.

[BitcoinMuscle]

We should find some good reputable members on Amazon who are also related with bitcoin stuff. Then we create a online petition for Amazon to add cryptocurrencies,with thousands of votes. Amazon will see that even the best sellers from their shop want this thing to happen. Anyway it will take a while and it is a lot of work adding bitcoin as payment method

[Kprawn]

Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.

I highly doubt that efforts like this will change their minds. These people have "special" arrangements with other payment

options and even kick backs to some decision makers to seal the deals to use them. You pay a premium in shady back room

deals to get them to accept your payment options. It's all about the money...... money.... money..... and taxes. 

[iamTom123]

Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like. It can be done by using site's feedback or contact us forms. This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some Americans can only pay with PayPal while some Venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average. To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit). The more people do this the more demand for Bitcoin there will be. Thanks to those who do that.

Well, pressures from the buyers can help a lot for an online retailer to consider Bitcoin as one of the mode of payments accepted. This can help in telling Amazon to think on how they can incorporate Bitcoin into their infrastructure and e-commerce platform. I do however believe that Amazon is not blind to not see the great potential of Bitcoin but maybe they have decided that they need some more time before they can get Bitcoin into their site. In my own estimate, they are also concerned about volatility because most online retailers are not charging that much in their profit margins. One day Amazon would take up Bitcoin am sure of that...we can tell them to do it faster otherwise they can be missing the opportunity to also be a Bitcoin leader.

[darthmaul]

I think this is vague discussion about amazon implemting the worlds highest traded crypto currency like bitcoin. Don't you guys think if Amazon wanted to implement that then they could have done that already! It's really big online merchant and they know very well how to conduct the the market survey. They might have thought of it already but due to management decisions on bitcoin it could have gone wrong. For example, bitcoin is having very less stability in terms of prices. There are confirmations, waiting of the payment processing which can make it hard to pass on to customer and merchant connection. Plus I believe there are more non crypto users in the world and they may not prefer bitcoin at this moment.

[Karimeen]

         
         Bitcoin demand can be increased by using it for the e-commerce like the company Amazon since it is operating world wide . Bitcoin is a decentralized financial system and its transparency and anonymity leads to increase the operating volume day by day .Bitcoin is an electronic asset valuable than Gold and hence it can be replaced by paper currency and it can be used for the day to day Shopping so bitcoin demand can be increased.

[kwukduck]

This is a very old idea.

Several big sites already had btc payments implemented.
What happened next? Bitcoiners were happy but nobody was actually using it.
Same with real stores here that started accepting btc, simply nobody using it, so they stop accepting it.