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Author Topic: Is E-Commerce platforms will do a positive Impact on Cryptocurrencies ?  (Read 604 times)
self love sisters
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January 02, 2019, 02:27:46 PM
 #21

Well, E-Commerce will definitely make a great impact on cryptocurrencies as it is one of the fastest booming industry right now with lots of potentials. There might be pros and cons about this one but yes it is really revolutionary.  Smiley
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January 02, 2019, 03:09:23 PM
 #22

yes, e-commerce platforms will definitely have huge impact in Cryptocurrencies. Just imagine Amazon, eBay etc accepting Crypto - people will go deep into crypto then.
Amazon and some online market already accept cryptocurrencies like bitcoin. Once cryptocurrencies will legal in all countries we can more huge impact especially in the field of e-commerce. Using cryptocurrencies in e-commerce will really have positive impact in cryptocurrencies because there is possibility that the price will increase. I hope aside from using it in e-commerce we can also use it offline market.
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January 05, 2019, 01:37:45 PM
 #23

I think Cryptocurrency partnering with e-commerce will not only strengthen Cryptocurrency but supports adoption rate of Cryptocurrency.
It will be a good development for Cryptocurrency in the long long.
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January 06, 2019, 12:02:29 PM
 #24

yup because e commerce is aware that bitcoin can be a good alternative in the context of efficiency and profit for them. because in reality bank payments must go through a process that tends to be complicated, and they know that there are interests from the bank that they must provide. whereas crypto is far from that word, so giving options to customers is a good choice
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January 06, 2019, 12:29:03 PM
 #25

Do you think people will start to pay their Amazon items if they see a Bitcoin button? Nope. they won't bother to search what is BTC, they won't bother to search where to buy and they won't give a fuck to BTC. It takes too much time while they already have a solution and more easy to use, with just 1 click you pay your items.
No matter the e-commerce accepting BTC, the buyers who effectively use it are the bitcoiners not the newbies.

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January 06, 2019, 01:38:23 PM
 #26

Definitely e-commerce will be a great impact on cryptocurrency as this is a booming business now, a lot of them purchase every stuff only with this. There are rumours about Amazon and eBay are accepting the transaction in cryptos.
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January 06, 2019, 06:47:07 PM
 #27

I heard about a cryptocurrency which is going to become a partner of an E-Commerce platform. I think now people wants something more then just an idea. So it could a new Evolution after a Revolution.


Shopify: Shopify is a leading and renowned e-commerce company which lets its customers sell products via online shops. Three years back, Shopify enabled payment in Bitcoins through the popular BitPay. This is one of the best online stores that accept bitcoins.
Amazon: When it comes to online shopping or e-commerce business Amazon reigns. The question is does Amazon accept Bitcoins? Well, not yet but in order to transform as per the consumer need, Amazon is planning somewhere in 2019 to start accepting Bitcoin as their mode of payment.

Read more:
https://coinswitch.co/news/top-25-websites-and-businesses-that-accept-bitcoins-in-2019
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January 06, 2019, 10:36:59 PM
 #28

when we see e-commerce combining an application with the concept of blockchain, it will affect crypto currencies. there are many blockchain functions for each platform. simple. and safe. Our problem today is that crypto spread is still very low.

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January 06, 2019, 10:53:59 PM
 #29

Any such news can have a positive impact on the cryptocurrency. So I think it will have a good impact on the market. I think that this could attract a lot of new investors and thus contribute to the growth of the market.

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January 06, 2019, 11:34:36 PM
 #30

I heard about a cryptocurrency which is going to become a partner of an E-Commerce platform. I think now people wants something more then just an idea. So it could a new Evolution after a Revolution.

don't think that will quite effect, because e commerce platform project not really can be realize too and even bank project with supported visa can't help cryptocurrency much and make it good

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January 06, 2019, 11:43:49 PM
 #31

the e-commerce industries will add greatly to the cryptocurrency platform as it will give great influence over other forms of payments in the industry as thereby making the bitcoin and cryptocurrency in general valuable in e-commerce transactions. i will encourage the general online and e-commerce traders to take advantage of the business.

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January 07, 2019, 05:54:36 PM
 #32

I heard about a cryptocurrency which is going to become a partner of an E-Commerce platform. I think now people wants something more then just an idea. So it could a new Evolution after a Revolution.
The difference with breaking into e-commerce instead of sending money to each other which crypto is known for is that you can simply use your debit card to purchase stuff online. It means you can use your debit card globally anywhere you want online and buy stuff and get it shipped to you.

Without crypto you can still manage to get this done and its quite easy without any work, unlike sending money to someone which is hard unless they have some POS system where they can charge you money, sending money from one person to another is easier in crypto. That's why ecommerce will have trouble getting into crypto easily, some people who are fan of crypto will put up coinpayments addon on their wordpress and make it available but it is not an advantage, it is just an additional option, it won't create a new profit line for you at all. That is the reason it will take some time.

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January 07, 2019, 06:15:31 PM
 #33

By platforms, you mean something like Shopify and Magento right? Shopify already had a big list of stores that accept Bitcoin payment but what is surprising is most of these stores when you check now removed Bitcoin as payment, so what that tells us? It is easy to get someone to use Bitcoin because Bitcoin has a lot of advantage over fiat money but when normal people use Bitcoin they need to not worry about Bitcoin price variance, so until there is a true solution to that problem asking normal stores to integrate Bitcoin will fail because these people need to focus on their business and not worry about what will be Bitcoin price the next day.
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January 07, 2019, 06:18:31 PM
 #34

I heard about a cryptocurrency which is going to become a partner of an E-Commerce platform. I think now people wants something more then just an idea. So it could a new Evolution after a Revolution.

Well i had some unwise experience with the online shops, meaning that after a made the transfer without any issue, i feel bad because i knew that somehow i didn't made my best choice, and since then i have decided to hold crypto coins as a long term investment. Regarding the topic, yes, it will change the perception in the crypto market, that is for sure.
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January 12, 2019, 06:48:38 PM
 #35

An increase in the number of  e-commerce sector accepting to use cryptocurrency platform will have a positive impact on  the CRYPTO industry, The revolution is sure Crypto will have a higher share in global economy, but this is determine by several factor in which the e-commerce platform has a significant share.
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January 12, 2019, 07:41:09 PM
 #36

Combination of blockchain and e-commerce will certainly have a positive impact on cryptocurrency adoption and usage. The idea is not new as some ecommerce platforms are already integrating cryptocurrencies on their platforms. However, this combination still needs more time to develop and fully evolve for great impact to be felt on both industries.

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January 13, 2019, 01:21:53 AM
 #37

That's a good news E-Commerce industry has a great part in crypto especially when you order online buy in online you choose the payment method of bitcoin or other alts in will give a boost to our crypto economy that's why in will give a positive impact on cryptocurrency.
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January 13, 2019, 02:58:51 AM
 #38

I heard about a cryptocurrency which is going to become a partner of an E-Commerce platform. I think now people wants something more then just an idea. So it could a new Evolution after a Revolution.


The idea is quite old, many people want this idea to be materialized though the e-commerce platform want to use this to boost their businesses but there are factors to be considered like does the government will allow it and the volatility that the crypto holds. These problems became the major factors as of now but as time goes on, more countries try to solve these problems and adapting cryptocurrencies.

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January 13, 2019, 08:02:30 AM
 #39

I heard about a cryptocurrency which is going to become a partner of an E-Commerce platform. I think now people wants something more then just an idea. So it could a new Evolution after a Revolution.


The idea is quite old, many people want this idea to be materialized though the e-commerce platform want to use this to boost their businesses but there are factors to be considered like does the government will allow it and the volatility that the crypto holds. These problems became the major factors as of now but as time goes on, more countries try to solve these problems and adapting cryptocurrencies.
of course with e-commerce it will have a positive impact on cryptocurrency, because many people are more familiar with e-commerce nowadays, so that it can be used as a springboard for crypto to develop later. on the one hand the government is the main determinant of crypto use as a means of payment

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January 13, 2019, 09:06:40 AM
 #40

~snip~
One way to mitigate that risk is to quickly exchange crypto to fiat via an exchange API. You need to have an access to exchange with high liquidity though. I do think this solution is easy enough to apply, no need any insurance or something like that. Just simple and effective payment and exchange.

Instead of thinking crypto as a medium of payment only, we can use crypto and their blockchain as some kind of notes on payment transactions. This way, we need crypto to write transaction details between two parties into the blockchain but payment can be made via fiat, etc.
In my opinion, it will cause a double loss if it has to be exchanged with fiat directly. Losses due to fees or withdrawals, then losses due to lower prices except using stable coins.
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