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Author Topic: Business Insider : Amazon.Com accepts bitcoins  (Read 3607 times)
the founder
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October 07, 2011, 07:09:53 PM
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Tons of places offer Bitcoin exchanges for cash, goods, pre-paid debit cards—even Amazon accepts Bitcoin now.

http://www.businessinsider.com/how-to-mine-bitcoin-and-make-money-2011-10

Founders Note:
Huh? I know there are third parties that do stuff like that,  but Amazon directly accepting bitcoins?  I can't see any mention of that on their site. 

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October 07, 2011, 07:12:34 PM
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Founders Note:
Huh? 


Not sure, but I believe this service was discontinued.

https://bitcointalk.org/?topic=253.0

Perfect opening for someone else to step in.

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Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
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October 07, 2011, 07:18:21 PM
 #3

http://spendbitcoins.com
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October 07, 2011, 07:20:33 PM
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Perfect opening for someone else to step in.

The work of a full time amazon associate and having to deal with Bitcoin bullshit.  It seems that even if you had the full amount of orders in one day every day for a full week, the money earned wouldn't be worth the data entry work that would be involved.   If I could find a second person to help me, I would take this on, I remember that guys' services.

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October 07, 2011, 07:24:27 PM
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Perfect opening for someone else to step in.

The work of a full time amazon associate and having to deal with Bitcoin bullshit.  It seems that even if you had the full amount of orders in one day every day for a full week, the money earned wouldn't be worth the data entry work that would be involved.   If I could find a second person to help me, I would take this on, I remember that guys' services.
The solution is simple: There are Indians and other foreigners that can do full-time data entry work like this for no more than $5 an hour. You just need to find a quality firm that sets up this kind of work.

I can help with that. There is no reason why one has to reduce themselves to the menial dirty work to open up a service like this; the cheap labor is out there.
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October 07, 2011, 07:32:09 PM
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Hmm, maybe amazon needs to hire Logansryche?



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October 07, 2011, 07:34:54 PM
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Hmm, maybe amazon needs to hire Logansryche?



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October 07, 2011, 07:36:13 PM
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The solution is simple: There are Indians and other foreigners that can do full-time data entry work like this for no more than $5 an hour.

$5 an hour?   Last Indian person I had do a few hundred Photoshops of for something I couldn't do batch work for, did it for $40 and I had him for the full week.  You are paying too much Wink

I try and get out of the mindset of if I need to hire a hacker, think Russian, and if I need labor, think Indian.  Honestly, if I can't do the work with my own two hands or with just two extra set, physically around me mind you, I wouldn't hire anyone for this online, it isn't worth it.



I didn't think however, anyone who is underage that may not be employable in most places, could easily be making a mini-fortune after school just processing orders.

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October 07, 2011, 07:58:36 PM
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The work of a full time amazon associate and having to deal with Bitcoin bullshit.  It seems that even if you had the full amount of orders in one day every day for a full week, the money earned wouldn't be worth the data entry work that would be involved.   If I could find a second person to help me, I would take this on, I remember that guys' services.

forget the gift card merry-go-round.  Amazon spends $1 Billion per year in credit card fees, and who knows how much they get stuck with chargebacks!   Bitcoins can lower their expenses and eliminate their risk of chargebacks.  if they don't figure it out, someone else will, and be able to undercut their prices.  Bit-Pay can make bitcoin payments even easier for them than credit cards, so they can probably accept orders with fewer employees using bitcoins.

BitPay : The World Leader in Bitcoin Business Solutions

https://bitpay.com

Does your website accept bitcoins?
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October 07, 2011, 08:01:31 PM
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Pfft. You guys actually pay for third world labor? How quaint. Me, I just help folks get a work visa, cover their travel costs, and throw a few bucks to their families. Then I "ask" them to work for me for free. Since it seems they're under some strange misunderstanding that not working for me involves worse exploitation or other punishment, they tend to stick around. What a deal! All the while, the promise of their debt being "repayed" and them being allowed to leave freely is held out like a carrot in front of a mule. But, really, my initial costs are recouped in less than a week. After that, I can sell their "labor" to others, usually netting me $25k/year per person.

Since my employees are generally doing illegal things and separated by a few degrees from me, I can always threaten to call the cops on my own operations and let them all take the fall and be jailed or deported. The real trick, however, is to "hire" people in pairs. Then, when they get to my country, the pair is separated. If one of them acts up or attempts to leave, they are kept in line with knowledge that their family member might not have the funnest time after they're gone. Finally, I have everyone write happy letters to their families back home about how great things are. This often includes a little cash to act as seed money. Then, their families are inclined to assist their other friends and family members to come join and work for me. It's kind of like an Amway pyramid scheme in that way.

Geeze guys, you really suck at exploitation.

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October 07, 2011, 08:04:12 PM
 #11

Since my employees are generally doing illegal things and separated by a few degrees from me, I can always threaten to call the cops on my own operations and let them all take the fall and be jailed or deported.
Sounds like a government problem.
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October 07, 2011, 08:23:49 PM
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Pfft. You guys actually pay for third world labor? How quaint. Me, I just help folks get a work visa, cover their travel costs, and throw a few bucks to their families. Then I "ask" them to work for me for free. Since it seems they're under some strange misunderstanding that not working for me involves worse exploitation or other punishment, they tend to stick around. What a deal! All the while, the promise of their debt being "repayed" and them being allowed to leave freely is held out like a carrot in front of a mule. But, really, my initial costs are recouped in less than a week. After that, I can sell their "labor" to others, usually netting me $25k/year per person.

Since my employees are generally doing illegal things and separated by a few degrees from me, I can always threaten to call the cops on my own operations and let them all take the fall and be jailed or deported. The real trick, however, is to "hire" people in pairs. Then, when they get to my country, the pair is separated. If one of them acts up or attempts to leave, they are kept in line with knowledge that their family member might not have the funnest time after they're gone. Finally, I have everyone write happy letters to their families back home about how great things are. This often includes a little cash to act as seed money. Then, their families are inclined to assist their other friends and family members to come join and work for me. It's kind of like an Amway pyramid scheme in that way.

Geeze guys, you really suck at exploitation.

If it wasn't for guys like you, my Nike's and Levi's would triple in cost. Thank you sir.
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October 07, 2011, 09:08:07 PM
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Good news! Except it seems this hasn't affected the price of btc at all, and instead there was a drop. Is there any correlation with the price of btc and any ties at all anymore?
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October 08, 2011, 01:28:07 AM
 #14

I thought Amazon associates could make around 7%? That's a decent return for handling a transaction if you can grow it to good volume and even more so if you can automate the process. I also think some time ago I saw one person doing this claim they were handling 25k$/day or something like that...

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