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Author Topic: Will Amazon accept crypto if Bitcoin skyrocket again?  (Read 1187 times)
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January 26, 2019, 01:03:34 AM
 #21

The rising price is not a big factor for Amazon or any other big companies, they need a more stable and more efficient currency to used, and without the permit from the government the big companies couldn't adopt the crypto payment and they still not sure by adopting crypto could give them benefit, so we should take the adoption thing slowly when bitcoin become more stable I think the big companies will consider adopting it
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January 26, 2019, 03:50:27 AM
 #22

There are a lot of small shops which accept crypto payments around the world. However, in my opinion, what will really push the cryptocurrencies forward is the adoption of Bitcoin by some big player in the trading industry, such as Amazon.

What do you think, will Amazon start to accept Bitcoin as a payment method if its price rises to new-record values again (like in 2017)? Could it be that they are not adopting it because they treat crypto as a hostile technology for their business? Or they just don't take Bitcoin seriously, like thinking it will despair in the near future?
A lot of shores both online and offline accepted Bitcoin as payment but no one really know the reason behind amazon not accepting Bitcoin because they don't talk about it. Meanwhile, some of product owners, merchants and new project on amazon offer crypto payment so I think we shouldnt bother about amazon not accepting Bitcoin. Although, if they accept it will also evangelize Bitcoin

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January 26, 2019, 05:05:26 AM
 #23

The rising price is not a big factor for Amazon or any other big companies, they need a more stable and more efficient currency to used, and without the permit from the government the big companies couldn't adopt the crypto payment and they still not sure by adopting crypto could give them benefit, so we should take the adoption thing slowly when bitcoin become more stable I think the big companies will consider adopting it


If amazon wants to accept bitcoin, they do not need it to skyrocket first. That's not an excuse that bitcoin price is low so they cannot accept it as a payment method. The only thing which I feel they fear is the instability and lot of volatility which makes it not so favorite currency to accept the bitcoins.

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January 26, 2019, 05:59:27 AM
 #24

 I think not only Amazon will accept bitcoin but also there will be another giant marketplace that accepts payments with bitcoin, although there are many pros and cons against Bitcoin but its users still enjoy using bitcoin because bitcoin transactions are easily cheap and efficient so it doesn't close if later many marketplaces accept payment with bitcoin because with Bitcoin all countries can make transactions easily and quickly faster than conventional bank transactions that require more costs.
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January 26, 2019, 10:09:27 AM
 #25

There are a lot of small shops which accept crypto payments around the world. However, in my opinion, what will really push the cryptocurrencies forward is the adoption of Bitcoin by some big player in the trading industry, such as Amazon.

What do you think, will Amazon start to accept Bitcoin as a payment method if its price rises to new-record values again (like in 2017)? Could it be that they are not adopting it because they treat crypto as a hostile technology for their business? Or they just don't take Bitcoin seriously, like thinking it will despair in the near future?

If Bitcoin will rise in value again, I think that big enterprises like Amazon will start building their own cryptocurrency (it can be used as a loyalty program reward). There is no point of integrating Bitcoin in their systems. The only reason I can think of, is to just make their clients familiar with cryptocurrencies before giving them the option of AmazonCoin.
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January 26, 2019, 10:39:19 AM
 #26

There are a lot of small shops which accept crypto payments around the world. However, in my opinion, what will really push the cryptocurrencies forward is the adoption of Bitcoin by some big player in the trading industry, such as Amazon.

What do you think, will Amazon start to accept Bitcoin as a payment method if its price rises to new-record values again (like in 2017)? Could it be that they are not adopting it because they treat crypto as a hostile technology for their business? Or they just don't take Bitcoin seriously, like thinking it will despair in the near future?
I can't see any restriction to accept the bitcoin payment for Amazon, but Yes, it could take more sometimes. We know this very bad time passing at this moment for crypto but it happened many times before and it had recovered. so we should wait for that. One Bitcoin will be the best and most popular payment method all over the world.

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January 26, 2019, 11:09:11 AM
 #27

While i think amazon accepting bitcoin is a positive thing, the FIAT value
wouldnt be a reason for them to make the choice to initiate it as a
payment option for customers.

I think the way they look at it is while most people are happy to shop with
FIAT those same people are not going to buy bitcoin to shop on amazon,
its an extra step in the shopping process, a pointless one.

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January 26, 2019, 11:17:33 AM
 #28

Will any customer pay 10$ fee for book what cost 20$
There are chance and hopes that big merchant will accept bitcoin through Bakkt system
I have been reading that even Starbucks sign with  Bakkt
It is why Bakkt can be so much important for bitcoin
That time bitcoin can be finally in mass use
And now all that effort experiencing delays because of shutdown

 
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January 26, 2019, 11:46:51 AM
 #29

Will any customer pay 10$ fee for book what cost 20$
There are chance and hopes that big merchant will accept bitcoin through Bakkt system
I have been reading that even Starbucks sign with  Bakkt
It is why Bakkt can be so much important for bitcoin
That time bitcoin can be finally in mass use
And now all that effort experiencing delays because of shutdown
I heard that too and this is why many believes BAKKT should really implent as soon as possible so we can see the pump again. If big companies like Amazon accept cryptocurrency, this is a real big move and for sure other businesses will adopt and many more in the future.
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January 26, 2019, 12:09:02 PM
 #30

I don't think that's a good choice, the price of bitcoin is not good for being a currency that can be used for shopping. It would be better if you use coin like USDT or another stablecoin , bitcoin will never accepted by amazon.
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January 26, 2019, 01:22:21 PM
 #31

I heard that amazon already accepted bitcoin as the payment method. If the price of the bitcoin increase again it will have for sure there is a lot of shopping online website will accept bitcoin as payment method also because they will see the good purpose of having bitcoin because it can help to their shopping to get more customer and also to promote bitcoin.
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January 26, 2019, 03:07:14 PM
 #32

I heard that amazon already accepted bitcoin as the payment method. If the price of the bitcoin increase again it will have for sure there is a lot of shopping online website will accept bitcoin as payment method also because they will see the good purpose of having bitcoin because it can help to their shopping to get more customer and also to promote bitcoin.
besides that, I think with the increasing number of governments legalizing bitcoin, there will be more and more online stores that facilitate payments using btc. because it can foster people's trust
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January 26, 2019, 03:25:24 PM
 #33

Now and now, Amazon is familiar with and supports two cryptocurrency such as Bitcoin and Ethereum which it supports maybe if all markets are stable most likely Amazon also adopts more examples of coins, Ripple icons, and others.
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January 26, 2019, 03:26:21 PM
 #34

I doubt it, Amazon would have already accepted bitcoin if they were ever going to.  It makes more sense for Amazon to create their own currency and allow customers to pay with it.  Bitcoin wouldn't even be able to handle that many transactions per second if a large portion of customers shifted over to crypto.
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January 26, 2019, 03:41:52 PM
 #35

How many times do not say and all the same. It's not a matter of appreciating or falling. The whole point of stability (it is not) currency. Until she stabilizes, she will not accept her.
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January 26, 2019, 03:51:53 PM
 #36

There are a lot of small shops which accept crypto payments around the world. However, in my opinion, what will really push the cryptocurrencies forward is the adoption of Bitcoin by some big player in the trading industry, such as Amazon.

What do you think, will Amazon start to accept Bitcoin as a payment method if its price rises to new-record values again (like in 2017)? Could it be that they are not adopting it because they treat crypto as a hostile technology for their business? Or they just don't take Bitcoin seriously, like thinking it will despair in the near future?
You are right, a giant like Amazon could change the facts but to encourage them to accept cryptocurrency the market has to lower the volatility, i think this is the main reason why many people don't accept bitcoin for example for payments.
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January 26, 2019, 04:15:49 PM
 #37

I think bitcoin is more suitable for payment as a service, if it is used for marketplace payments like Amazon, the possibility of a transaction queue will be longer unless they implement a lightning network system. Right now I feel that bitcoin is not good to use as a payment, I prefer to save bitcoin and pay shopping bills using fiat for now. unless later there is a change or development of bitcoin to make it faster to make massive transactions.
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January 26, 2019, 05:50:10 PM
 #38

There are a lot of small shops which accept crypto payments around the world. However, in my opinion, what will really push the cryptocurrencies forward is the adoption of Bitcoin by some big player in the trading industry, such as Amazon.

What do you think, will Amazon start to accept Bitcoin as a payment method if its price rises to new-record values again (like in 2017)? Could it be that they are not adopting it because they treat crypto as a hostile technology for their business? Or they just don't take Bitcoin seriously, like thinking it will despair in the near future?

in my opinion crypto adoption which began to spread now has indeed become better than before but this is also not a sign as a guarantee for market recover. Amazon only has a small impact on the size of the crypto market so that in my opinion it would be impossible if you wished the market could rise in the short term
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January 26, 2019, 07:05:00 PM
 #39

There are a lot of small shops which accept crypto payments around the world. However, in my opinion, what will really push the cryptocurrencies forward is the adoption of Bitcoin by some big player in the trading industry, such as Amazon.

What do you think, will Amazon start to accept Bitcoin as a payment method if its price rises to new-record values again (like in 2017)? Could it be that they are not adopting it because they treat crypto as a hostile technology for their business? Or they just don't take Bitcoin seriously, like thinking it will despair in the near future?

in my opinion crypto adoption which began to spread now has indeed become better than before but this is also not a sign as a guarantee for market recover. Amazon only has a small impact on the size of the crypto market so that in my opinion it would be impossible if you wished the market could rise in the short term

Yes the possibility of accepting the cryptocurrency for a product in an online will be more less than here in this situation so accepting Bitcoin will be good idea but most of the sites still not support yes the possibility of accepting the cryptic currency for a product in an online will be more liston here in this situation so accepting with Kyle really good idea but most of the site did not support that implemented buying and selling products for cryptocurrency.

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January 26, 2019, 07:13:44 PM
 #40

Amazon  is such a big company and everything is about profit. Being able to make a huge one is in their interest. It is wonderful when you can earn a lot and accepting bitcoin as a payment method at this moment maybe could give good income but only if the price of bitcoin increase. Since we, or they don`t know that for sure, to implement it as a payment method is risky cause, as the price can go up, the same way it could go down and that`s where making profit is in question. So far, everything is going just great, why change it at all...
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