Will Amazon going into crypto raise the value of ETH?

[ICOBountyPrograms]

This will skyrocket ethereum for sure. Thats why my ethereum predictions are around 5000usd by the end of the year for ethereum.
This will be just a start of usage crypto in real shopping. Also upcoming Ethereum forks are related to same issue.

Sure hope so, still mining it and hoping for it to skyrocket!

[ICOBountyPrograms]

I still need more information on this so called partnership, I could remember when IOTA announced their partnership with Micorsoft which seems to be something else, the only way I can see this affecting the price is if Amazon is going to be using Ethers, which is what affect we the tokens holders.
Just don't count your hen before it hatched

Oh yeah, but I believe it wasn't a real partnership, Microsoft never confirmed it. Well I never saw anything and pretty sure that I read that it wasn't real.
Seems like Amazon is confirming this one though.

[CryptoAlphaStar]

I don't see any connection between this news and the value of ETH.
If amazon enters the space, trust me, Ethereum can't handle the volumes. And such big companies like amazon never use 3rd party services. They build their own.

[CoinEraser]

"The founder of the Ethereum blockchain platform, which is what Kaleido and AWS will be using, said this is the biggest move yet by the tech giant to get into blockchain."

https://www.cnbc.com/2018/05/15/amazon-is-moving-into-blockchain-with-a-new-partnership.html


What do you guys think? This is massive news!

This is really a great news for Ethereum and a big step for crypto. I would have liked to see Amazon as a partner with Bitcoin, but Ethereum is good as well. I am very curious if this partnership will push up the price. 

[alient86]

I think that definitely will raise the value of ETH. Amazon is a very large company, so even the news about it can raise the price of not only the Eth, but also of other coins

[sunX3]

"The founder of the Ethereum blockchain platform, which is what Kaleido and AWS will be using, said this is the biggest move yet by the tech giant to get into blockchain."

https://www.cnbc.com/2018/05/15/amazon-is-moving-into-blockchain-with-a-new-partnership.html


What do you guys think? This is massive news!

It's interesting to say the least.

I think whatever moves Amazon makes will be huge and in a way, affect most altcoins so we just have to wait and see.

[skelethon]

"The founder of the Ethereum blockchain platform, which is what Kaleido and AWS will be using, said this is the biggest move yet by the tech giant to get into blockchain."

https://www.cnbc.com/2018/05/15/amazon-is-moving-into-blockchain-with-a-new-partnership.html


What do you guys think? This is massive news!

I think it's a good step if amazone enters the crypto and helps raise the eth price. because I believe the role of amazon is very good and also big name amazon will definitely continue to help crypto. this is my opinion what if opinions are there all?

I agree. I also think ETH is a very great coin and it would really benefit as well.

[padcoin]

There was a rumor for a moment that amazon will create it's own crypto, they got the finace to do it so why not anyway it will influence the market highly

[zero4five]

The use of crypto currency by such trade giants as Amazon faces with considerable difficulties. The first is this huge volatility. Of course, it is possible to use hedging through the futures market, but this would entail additional transaction costs.
But one more thing, which in fact is much more important: the speed of the transaction. The ETH blockchain currently allows only about 20 transactions per second.
But Amazon reported about 600 transactions per second last year at the peak of sales. Even if a small number of Amazon customers used Bitcoin or Ether, this would still entail delays in the execution of operations.

[judyrob]

This is certainly going to make the ethereum can experience price increases. amazon steps to enter the crypto is a step that is right let alone bring ethereum as their vehicle. If this partnership could happen certainly would be a good thing for both. but just wait for the news no doubt whether it will be realized soon or not.

[vasil777]

It seems to me that cooperation with AMAZON should positively influence the future ETH course. Working with such large companies always brings a lot of positive changes.

[Julunguul]

this is what I mean, information like this will really strengthen the value of ethereum even when prices and market conditions BTC is being flushed like this.
hopefully because of this, recovery from ethereum is fast

[Stradivarioos]

The price of Ethereum will soon rise. This is one news which deals with Ethereum, there are also talks about the fact that there would be futures contracts on Ethereum. If this happens, the Ethereum will grow very strongly against the background of all these events.

[paulmaritz]

"The founder of the Ethereum blockchain platform, which is what Kaleido and AWS will be using, said this is the biggest move yet by the tech giant to get into blockchain."

https://www.cnbc.com/2018/05/15/amazon-is-moving-into-blockchain-with-a-new-partnership.html


What do you guys think? This is massive news!

It will most likely contribute to the adoption rate of blockchain technology, but most likely for all the wrong reasons. E.g. Amazon was granted a patent for tracking BTC transactions and selling the data to government. If they are going to use blockchain technology to help keep us enslaved, then we need to boycott them and tell them where to stick their blockchain that will most likely be centralized.

[paulmaritz]

The price of Ethereum will soon rise. This is one news which deals with Ethereum, there are also talks about the fact that there would be futures contracts on Ethereum. If this happens, the Ethereum will grow very strongly against the background of all these events.

Futures contracts in terms of Ethereum will not be good. The banksters will use it to manipulate the markets to their benefit.

[paulmaritz]

The use of crypto currency by such trade giants as Amazon faces with considerable difficulties. The first is this huge volatility. Of course, it is possible to use hedging through the futures market, but this would entail additional transaction costs.
But one more thing, which in fact is much more important: the speed of the transaction. The ETH blockchain currently allows only about 20 transactions per second.
But Amazon reported about 600 transactions per second last year at the peak of sales. Even if a small number of Amazon customers used Bitcoin or Ether, this would still entail delays in the execution of operations.

It depends on whether they intend to hodl the cryptos they receive as payment or want to convert it to fiat. If the latter, there are already established crypto-related payment gateways that take currency risk onto themselves at a small fee per transaction.

[Eddyc]

This partnership can test the two "sides of the coin" in the Ethereum case will put on the wall challenging the platform to withstand the traffic and amount of transaction per minute. In relation Amazon can be a good categorical entry in the crypto using the second most commercialized Blockchaim on the planet. In my opinion the challenge higher is from Ethereum where your current basic problem has to be corrected in this case the Gas rate.

[Gotomoon]

this is what I mean, information like this will really strengthen the value of ethereum even when prices and market conditions BTC is being flushed like this.
hopefully because of this, recovery from ethereum is fast

From the previous trends of ethereum I can say it always can swing up it's value. This adoption on ethereum could really help to boost the price. Also more users are still believes on what ethereum could brings to the users.

[cikey]

If the news is true, I am very happy because I hold Ethereum.

[HadadC]

This will effect more more in crypto world. Of course eth value will raise , i think all altcoins start increase.Amazing.