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Author Topic: Will Amazon accept crypto if Bitcoin skyrocket again?  (Read 956 times)
KennyR
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May 16, 2019, 09:05:11 PM
 #221

They will be forced to accept crypto if it becomes one of the main stream mode of payment but in the current year chances of happening is literally low due to the high volatility.
If one of the competitors of amazon will try to use BTC then they might consider it, soon they will going to use it as it's much easier and faster in transactions and that's why they'll be needing.

We spoke on this forum about amazon accepting btc payments 4 years ago, and they still didn`t accept btc as a payment method. One day they will, that`s for sure, I didn`t change my mind about that, but now I`m thinking that amazon can accept some crypto payments, but maybe not bitcoin, at least not in the first time, maybe they will favorize some alt before they start to accept btc. I say that cause some project are working really hard to make new contracts, new partners, maybe some of them are already in negotiations with amazon.
Some sort of new ICO, or platform that will partner in Amazon is a good idea, once some crypto developer partnered into some big names they'll surely have good platform to offer.
Until and unless Amazon have its own coin we cannot expect direct acceptance of bitcoin into their business. Already they were the world leader with the fiat acceptance. When that is possible what's the need to move towards cryptocurrency or bitcoin. Earlier purse.io gave access to limited services on Amazon and same like that somewhere we can experience use of bitcoin on purchase from Amazon.
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May 16, 2019, 09:15:01 PM
 #222

Sooner or later they will start to accept that is why they have bought domains with blockchain,btc etc as they understand that day will come and don't think it will happen after but maybe before, as we saw other big companies started do it.


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LUCKMCFLY
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May 17, 2019, 04:35:24 AM
 #223

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 Amazon will start accepting Bitcoin when it's worth more than $ 15k, I do not think they'll see it as they adopt it, but they will adapt to the technology that is being implanted at the moment, so they do not get left behind, as there will be many people They have bitcoin and they will want to pay with it, without them as a company I think they will sell them quickly to have it in USD and have it as safe money and not a money that can lose its value quickly.

Amazon has always adhered to the best standards of commerce and negotiations, when the bitcoin takes its value even more than $ 20k not only be attractive to Amazon but for the entire market in general, not only them, but also some airlines, some companies that begin to use while bullish trend is still active, I think that after everything has passed, they will not accept it as a means of payment, because I believe that since they are companies where they likewise need to be supported by real money, they can apply that same norm.

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May 17, 2019, 07:58:07 AM
 #224

I keep hearing about Amazon accepting bitcoin, but it never really happens. It is just like the China ban on bitcoin. You keep hearing about it over and over again, and maybe one day, it will come true?

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May 17, 2019, 08:19:31 AM
 #225

Sooner or later they will start to accept that is why they have bought domains with blockchain,btc etc as they understand that day will come and don't think it will happen after but maybe before, as we saw other big companies started do it.
especially nowadays more and more large companies are using bitcoin as a payment facility. Of course this has gone through a period of analysis from the internal company, and of course with a shining future, it will make other big companies to accept bitcoin to spoil their customers.

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