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Author Topic: Will Amazon accept crypto if Bitcoin skyrocket again?  (Read 1187 times)
TravelMug
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February 20, 2019, 01:33:04 PM
 #121

Amazon and other global brands accepting bitcoin is not a big thing, it'll make a big change in the growth of bitcoin. But they won't make it come true, even if it happens surely it'll come to reality through third party usage. Because the volatility will easily affect the businesses.

Of course it will be a big thing because it means that crypto will have a good chance to be globally accepted if big online retailers are going to accept it.

But the sad fact is that they simply won't because of bitcoin or crypto volatility, unless they get someone in between, or a payment processor like Bitpay to help them out curb bitcoin volatile nature.

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February 20, 2019, 02:02:17 PM
 #122

most likely certainly because for now, of course, many companies also still think of adopting bitcoin again because the value is still not yet a great change. so when the value of bitcoin experiences a high price increase, Amazon companies and others will also adopt bitcoin again
Even bitcoin price is low there are some Amazon companies accept it as payment but I think people won't spend their Bitcoins as payment if it is in a low value. They wait until it grows to have profit than spending on. Amazon market know what is the characteristic of bitcoin as well they accept as an investment.
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March 06, 2019, 11:48:10 PM
 #123

Amazon is a big company and expect that they are already doing some research and studies if ever they have to accept bitcoin. There are some consequences like the bitcoin's prices are unstable. But i think they will think it over and will still accept it.
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March 07, 2019, 01:50:47 AM
 #124

most likely certainly because for now, of course, many companies also still think of adopting bitcoin again because the value is still not yet a great change. so when the value of bitcoin experiences a high price increase, Amazon companies and others will also adopt bitcoin again
In my estimation, Amazon will accept bitcoin because the price of bitcoin is now quite stable. Because the digital financial system will one day dominate the e-commerce business, of course Amazon as a big player will not be left behind.
In its development e-commerce business with digital payments goes hand in hand, so that the progress experienced is also the same.
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March 07, 2019, 02:06:05 AM
 #125

Amazon will certainly accept crypto although not this year but maybe in the future. Some online shopping companies are already accepting crypto as payment which makes them more competitive than other online shopping which didn't accept it yet. Through partnership, I think Amazon will be much easier to adopt crypto as payment in their platform.
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March 07, 2019, 03:53:34 AM
 #126

Bitcoin liquidity still low, accepting bitcoin when the price rise like 2017 is very risky, Amazon know this actually amazon also try to reach cryptocurrency community but they still can't accept bitcoin as payment methode because of its volatility, so as a solution Amazon offer other way to spend bitcoin on amazon, cryptocurrency users only need to purchase gift card for amazon desired amount, then you will be given bitcoin price to pay. So actually amazon accept bitcoin indirectly.
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March 07, 2019, 04:20:01 AM
 #127

I don't think they will make such a late plan. Smart entrepreneurs know the value of the BTC and they will soon accept payment by early BTC when the price of the BTC is cheap. Each product they sell will receive more BTC and when the price of the BTC increases, the value of the product will increase.

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March 07, 2019, 04:30:29 AM
 #128

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 think they should accept BTC from now rather than waiting for its price to rise. This is a great time and the price of BTC is very low. We cannot hesitate to collect more BTC while its price is low. Believe me, in 8-10 months, you will lower the BTC price above $ 5,000 or $ 5k5 soon. Wink

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March 07, 2019, 06:21:31 AM
 #129

I think Amazon can accept crypto in anytime without waiting for bitcoin skyrocket again. They can add bitcoin as the new payment method for their member and it easily to them to introduce cryptocurrency to their member. But I think they want to wait for more and unfortunately, we don't know what their reason is.

Soon, if Amazon accepts crypto, the other big company will add crypto too and it will help crypto to spreads in public and will reach more customer to use crypto. And when the payment option is not used bitcoin only, people will know that in the cryptocurrency, many coins could be used for the payment.

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March 07, 2019, 07:05:40 AM
 #130

Amazon and other global brands accepting bitcoin is not a big thing, it'll make a big change in the growth of bitcoin. But they won't make it come true, even if it happens surely it'll come to reality through third party usage. Because the volatility will easily affect the businesses.

Now many big companies are afraid to accept the Bitcoin directly because with the government and it's fluctuation. In future when adaptation kept increasing they might surely accept the Bitcoin as one of the payment methods which is very convenient for the people to purchase the product with much faster.
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March 07, 2019, 07:42:14 AM
 #131

I also really hope that the biggest marketplace like Amazon accepts bitcoin as payment, then the bitcoin value will also be pump.
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March 07, 2019, 02:37:27 PM
 #132

of course yes because Amazon is a big company that will certainly receive bitcoin if it has skyrocketed the price of bitcoin again, and for now AMAZON certainly can't adopt bitcoin when the price is still like this

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March 07, 2019, 03:52:29 PM
 #133

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?

Price is not the most important factor for bitcoin adoption. However, due to increasing popularity and demand among public, price will rise automatically.
Our strength is in big community if we want Amazon and other big players to accept bitcoin, and it's only possible if we convince and educate others to use cyptos.
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March 10, 2019, 07:20:18 AM
 #134

i am pretty sure that not only amazon but also so many online shopping site will start accepting cryptocurrencies sooner or later. Maybe that cryptocurrencies will not be only bitcoin but also some other altcoins as well.
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March 10, 2019, 06:23:30 PM
 #135

I have been reading speculation that Tesla will accept bitcoin
The reason is that Tesla  cars will be possible to buy only online
Amazon and Tesla are big names  but it will cause short speculative price rise
I don't think so that many bitcoiners will like to spend his bitcoin now with that low price
It is rather time to accumulate bitcoins

 
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March 10, 2019, 09:19:38 PM
 #136

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?
is the payment with Bitcoin father online products like Amazon it will be a huge approval of Bitcoin to be used as a Universal currency it could attracts each and every people to invest and make money so again it will be a huge developed currency in very short period of time so I think it will be a good idea to improve from this current situation.
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March 11, 2019, 07:37:38 AM
 #137

I think Amazon still doesn’t accept crypto because of the unstable price. They do not want to risk in such an unstable cryptocurrency market.

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March 11, 2019, 08:31:52 AM
 #138

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?

When this technology develops a little more, I think many world-wide companies will accept payments with Bitcoin. Although Amazon is a mediator by bringing the buyer and the seller together, it does not have the chance to return with Bitcoin in a possible situation. So, unfortunately, the money sent to a defective product, faulty product sale or fraud cannot be retrieved again and this can cause big problems for both buyers and sellers. Therefore, I think that such a situation will not happen again in the near future, but in the near future such a situation is likely to occur.
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March 11, 2019, 01:17:12 PM
 #139

I think Amazon still doesn’t accept crypto because of the unstable price. They do not want to risk in such an unstable cryptocurrency market.
well, most of the platforms that accept payment using bitcoin have not received payments using bitcoin anymore and that is caused due to the fall in the price of bitcoin, thus making a lot of people lose when using bitcoin as payment.

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March 11, 2019, 02:24:54 PM
 #140

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 don't think they will do that because of the fact that Bitcoin is not as stable as fiat. Though if Amazon will have to accept Bitcoin payment I think that would make everyenthusiast feel very convenient for the payment anywhere in the world without even going out and falling in line just to pay for goods online. Hard to tell for now but I think the best thing to do is to wait for their final and official decissions.



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Rainbot
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