Bitcoin_BOy$ (OP)
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October 31, 2017, 04:52:38 PM |
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Some sites wrote about " Amazon will announce a Bitcoin-related innovation Thursday "
About Amazon: ship 1,600,000 packages a day ... etc the whole empire may accept bitcoin ? that mean more service too will accept bitcoin
What do you think will happen if this rumor become true?
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Kronos21
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October 31, 2017, 05:00:49 PM |
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I heard about that on October 26, Amazon will accept bitcoin. Now this date is postponed to Thursday. If this is true then it becomes clear why the price of bitcoin today did the trick. This is only the beginning. Trade has been the engine of any project. Without trade bitcoin it will be difficult to stay afloat.
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amacar2
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October 31, 2017, 05:01:43 PM |
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Millions of player are active in steam platform, steam also accepts bitcoin for years but still many people don't purchase games there with bitcoin because either they have no idea about how bitcoin works or they are just happy with usual payment methods they are using.
Same thing can happen to amazon users too even after they will accept bitcoin payments, but if this will be true than people from underdeveloped or developing countries can also have international shopping experience, paypal is still not available in many countries so they can't shop online in international marketplaces like amazon right now.
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TryNinja
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October 31, 2017, 05:12:13 PM |
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Millions of player are active in steam platform, steam also accepts bitcoin for years but still many people don't purchase games there with bitcoin because either they have no idea about how bitcoin works or they are just happy with usual payment methods they are using.
Same thing can happen to amazon users too even after they will accept bitcoin payments, but if this will be true than people from underdeveloped or developing countries can also have international shopping experience, paypal is still not available in many countries so they can't shop online in international marketplaces like amazon right now.
Increasing the adoption of Bitcoin or not, people only care about how much they are going to profit. It doesn't change the fact that people will hype up the news and buy as many Bitcoins they can, increasing the market price. Almost everything in the cryptocurrencies world is going to work like this... Even if in the end it's not going to change anything. But still, there are more Bitcoin users that are/want to be a Amazon customer, than people who buy Bitcoin and tend to buy Steam games.
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thecodebear
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October 31, 2017, 07:18:07 PM |
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Yes Amazon accepting Bitcoin will be huge! First off I don't think Amazon will accept Bitcoin for another year or so. Even when it does Bitcoin right now is mostly just an investment asset and reserve asset like stocks and gold. The payment part of bitcoin is only used a little bit right now. So when Amazon does start accepting Bitcoin it will likely take a while for people to buy stuff off Amazon with Bitcoin. But Amazon will be a crucial piece of the puzzle, maybe the most important piece outside of scaling bitcoin with super cheap transaction fees, in getting people to use Bitcoin as a payment platform.
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spazzdla
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October 31, 2017, 07:30:47 PM |
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They will probably announce some sort of ICO.
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sunsilk
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October 31, 2017, 07:41:56 PM |
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Some sites wrote about " Amazon will announce a Bitcoin-related innovation Thursday "
About Amazon: ship 1,600,000 packages a day ... etc the whole empire may accept bitcoin ? that mean more service too will accept bitcoin
What do you think will happen if this rumor become true?
I have watched someone on CNBC and tackles about why we have to invest in bitcoin and he included to the number 1 list if I can remember it right that amazon is about to accept it. If this rumor happens then there's another reason for bitcoin to pump and Amazon's reputation is great so those skeptic people about bitcoin will start to believe bitcoin. Waiting for this day to come, surely bitcoin is going to fly to the moon.
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aso118
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October 31, 2017, 07:58:37 PM |
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Some sites wrote about " Amazon will announce a Bitcoin-related innovation Thursday "
About Amazon: ship 1,600,000 packages a day ... etc the whole empire may accept bitcoin ? that mean more service too will accept bitcoin
What do you think will happen if this rumor become true?
The whole "Amazon accepts Bitcoin" rumour has been played out too many times and is turning out to be a farce. Amazon has Amazon coin which it is trying to propagate. Why should it dilute its stance by accepting Bitcoin?
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gentlemand
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October 31, 2017, 08:28:44 PM |
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The Amazon 'news' is a load of shit.
Retail adoption does nothing to increase the price.
Bitcoin couldn't cope if 1% of Amazon sales were via BTC.
There is no incentive for consumers to buy something so they can buy something, especially when there'll probably be a premium and the exchange rate falls by the time they're ready to pay.
Merchant adoption is a side show to nowhere. It'll happen last, it won't be a driver in BTC spreading further. It's great for those of us who already have it. It's a terrible deal for your average buyer and that won't be solved any time soon. Amazon won't have the margins to offer enough of a discount and what do they care anyway?
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GreatOrchid
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October 31, 2017, 09:08:24 PM |
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If amazon starts accepting bitcoin then it would be a mess because they are going to make a regulation due to money laundering polices, just like trying to create some terms who may say that you are only allowed to spend $100 a day if you pay with bitcoin.. $1500 max a month, and the list goes on.. But it is a nice way to try to increase the popularity of bitcoin, anyway, they are just rumours, i dont think that it is going to happen soon because we did not hear any of those news.
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ihsanskanzaone
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October 31, 2017, 09:19:37 PM |
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I think this will be a boost for bitcoin prices because it will be more familiar to people in the world and if bitcoin can already be used for shopping electronics, clothing and others. then this could be a breakthrough transaction in international stores like amazon if this is true because we also know that paypal is not available in some countries so bitcoin will be an alternative path and for those who already use bitcoin this will be very happy. because it will increase the popularity of bitcoin.
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exstasie
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October 31, 2017, 09:32:49 PM |
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Some sites wrote about " Amazon will announce a Bitcoin-related innovation Thursday "
About Amazon: ship 1,600,000 packages a day ... etc the whole empire may accept bitcoin ? that mean more service too will accept bitcoin
What do you think will happen if this rumor become true?
There's no substance to the rumor, as far as I can tell. I've seen multiple articles, all totally vague with no concrete sources. Pure speculation. And the thing is, do we really want Amazon to accept Bitcoin? Do you think seeing BTC in the Payment Method section will make people go out and buy it? It's just a way for BTC to get liquidated for fiat via payment processor. Amazon is in the business of e-commerce, not speculative investment. It's a much bigger deal that the CME Group is adding BTC futures markets. That's the biggest exchange group in the world. Like LedgerX, it likely means that a lot of BTC is going to get locked up in custody for a long time. That's very bullish for the price, long term.
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Anonylz
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October 31, 2017, 09:49:25 PM |
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If it is true then bitcoin will go up like crazy, but yes, if them implement bitcoin or other important cryptos the their website, they are going to create a lot of regulations over bitcoin, a lot of people and bussiness sees bitcoin as a bad thing that only bad people are using them. But who knows if all this is real? there aren't any news about amazon and bitcoin yet, how do you know that they are going to be accepting it on a few days? i am curious about that.
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Bitcoin_BOy$ (OP)
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October 31, 2017, 09:55:56 PM |
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Millions of player are active in steam platform, steam also accepts bitcoin for years but still many people don't purchase games there with bitcoin because either they have no idea about how bitcoin works or they are just happy with usual payment methods they are using.
Same thing can happen to amazon users too even after they will accept bitcoin payments, but if this will be true than people from underdeveloped or developing countries can also have international shopping experience, paypal is still not available in many countries so they can't shop online in international marketplaces like amazon right now.
Increasing the adoption of Bitcoin or not, people only care about how much they are going to profit. It doesn't change the fact that people will hype up the news and buy as many Bitcoins they can, increasing the market price. Almost everything in the cryptocurrencies world is going to work like this... Even if in the end it's not going to change anything. But still, there are more Bitcoin users that are/want to be a Amazon customer, than people who buy Bitcoin and tend to buy Steam games. People buying amazon gift cards using a lot of services that charge fees, and some people bought the bitcoin credit card especially for this thing, bitcoin users will enjoy this, and more people will make search about bitcoin and why its so popular and used everywhere, I betting huge number of investors will put there money in bitcoin.
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zby
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October 31, 2017, 10:17:10 PM |
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I don't know - I remember there was a guy who used some chat support of Amazon and pestered the consultant for so long that he eventually agreed that sure Amazon will accept bitcoin soon. He then posted the chat logs here and people got excited. It was in 2012 or something.
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piccionipier
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October 31, 2017, 11:44:23 PM |
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Yes i have been reading a lot of posts talking about this, but i tried to check all around the internet and there are no official notices or releases about the amazon team, there is no way to say that they will start accepting bitcoins because it is not true, probably those are just false rumours. anyway, it would be a very good thing to see it happening, because it would mean that bitcoin will rise by a lot of money.. but i hope that it can happen before this year ends, it would be a nice christmas gift, lol.
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Freegan
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October 31, 2017, 11:49:27 PM |
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It is difficult for these big transnational companies to bow to the potential of bitcoin. I think they are more likely to announce something related to some development based on the blockchain or their own coin. However, I do not lose hope that sooner or later the giants will bow to His Majesty the Bitcoin.
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Goosebump
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November 01, 2017, 01:04:28 AM |
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I highly doubt amazon will accept bitcoin for at least a year or more. If Amazon starts accepting bitcoin then every online retailer will follow in their footsteps. Which would be awesome for bitcoins value but I doubt it will happen within 2017.
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Seansky
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November 01, 2017, 03:49:30 AM |
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Some sites wrote about " Amazon will announce a Bitcoin-related innovation Thursday "
About Amazon: ship 1,600,000 packages a day ... etc the whole empire may accept bitcoin ? that mean more service too will accept bitcoin
What do you think will happen if this rumor become true?
If amazon rumor were to be proven true, for sure it will boost price to a great extent upwards. Amazon, after all, is a big merchant and if ever they would accept bitcoin, there will be an added constant demand for btc which will be caused by buyers that wants convenience on paying for amazon's goods. It will also help massively in cleaning the reputation of bitcoin. It might help bitcoin achieve new high by next year or before the year ends if this rumor is true.
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Nomad88
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November 01, 2017, 03:54:52 AM |
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This would be a good news for Amazon, not for Bitcoin. Yes, it will cause this pump trend to continue if they announce that tomorrow, but i don't believe that Bitcoin needs these kind of companies to implement it in their systems. Sooner or later, they will see that BTC is game changer and it is not going anywhere. We use it today, and we will use it tomorrow, even if they ban it in every single country.
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