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Author Topic: What will happen for Amazon to accept Bitcoin?  (Read 865 times)
tunaduong (OP)
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November 27, 2020, 01:51:24 PM
 #81

If really Amazon has accepted the use of cryptocurrency especially bitcoin, I think it will help to speed up the price of bitcoin across the nation compare to it's  initial Price existing, so it will be at advantage and also be at benefit to bitcoin users because been Amazon of the world adopting bitcoin it will definitely rise the price of bitcoin which will be approximately $40,000 in price because other company can equally accept btc as use of payment.
That is very unlikely, but nothing seems impossible
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Thzo
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November 27, 2020, 02:44:05 PM
 #82

Really nothing will happen if Amazon accept bitcoin, the thing with this online business is the they follow and adapt to what ever their partner do , I think it just a matter of time before it's accepted .
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November 27, 2020, 03:16:28 PM
 #83

Amazon is a big company and it is very famous and once they accept bitcoin as payment method or they using it will have a big impact to the both. Amazon and bitcoin will become more famous and it will grow more.

There is more company for sure in the future will accept bitcoin as their payment because they will see the advatanges of partnership to the bitcoin.

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November 27, 2020, 03:25:48 PM
 #84

Would Amazon's acceptance of Bitcoin have as much impact as Paypal? It's apples and oranges here.

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November 27, 2020, 03:30:10 PM
 #85

I think it would be great if Amazon accepted bitcoin as a payment method. bitcoin will be increasingly popular in all countries, this will increase the popularity of investors in the crypto world, a good impact for bitcoin because the price will be more expensive from year to year. I think investing in bitcoin is a promising investment for the future.
That is interesting. I still wish that bitcoin is recognized worldwide, and that we can pay bitcoins for purchases on any online shopping platform.

Bitcoin should be accepted everywhere. I believe that even big supermarkets will start taking Bitcoin. In several years our children will be used to this situation and call paper money something like the old-school stuff. Just let us wait.
Big supermarkets will accept bitcoin payments if the price of bitcoin is stable and has a speedy delivery of bitcoins. Currently, bitcoin's fluctuating nature cannot be used as a payment. Bitcoin still has a slightly expensive transfer fee, and it's also not very fast transfer. We are still waiting a long time for the time to come.
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November 27, 2020, 11:26:18 PM
 #86

If Amazon accepts bitcoin as payment, then the bitcoin price will rise dramatically, as was the case with PayPal. Such acceptance is just not enough to increase the price and value of using bitcoin. At the moment, bitcoin has hit its threshold, which it can't overcome.

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November 27, 2020, 11:44:10 PM
 #87

Even though amazon says they are going to accept Bitcoin they literally not going to accept it,they will simply integrate with third party payment processor so bitcoin trading volume gets increase and also its volatility but the positive side is people can use bitcoin to buy anything they wanted and its likely the dream of bitcoin creator.
Third party apps will sure to eventually convert the price once it reach the amazon so the payment will be exact and same in the customer purchase. There are already several shopping applications in my country which uses a crypto to fiat third party app that do this job and it somehow work to those who only have money in their crypto wallet in time of their purchase.

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MCobian
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November 27, 2020, 11:47:07 PM
 #88

If Amazon finally accepts Bitcoin there should be hype, because Amazon is one of the largest market places in the world,
which makes the owner the richest person in the world. Then the effect will be huge on Bitcoin, even the effect is bigger
when Paypal accepts Bitcoin. I'm sure Bitcoin will pump up to a minimum of $ 50,000 if Amazon accepts Bitcoin. Because
Amazon will make other market places accept Bitcoin too.

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November 28, 2020, 12:08:11 PM
 #89

there are pluses and minuses if amazon accepts bitcoin, now amazon rejects bitcoin maybe because they only think about the minus side of bitcoin, but if you look at it maybe i think there is a positive side to bitcoin in the future if amazon uses bitcoin. amazon and bitcoin big names definitely have their own advantages, and it's sure to happen.
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November 28, 2020, 03:08:56 PM
 #90

Suppose Amazon would start to accept bitcoin and other cryptocurrencies as well. I think the crypto market's hype would continue, just like what happened when Paypal starts to accept cryptocurrencies to its network. Many huge companies have also started to buy bitcoins and cryptocurrency, that mass adoption has really started. I think the bitcoin's price will still be stable on its $17K- $18K mark that it would take long for its price to decrease lower than $17K.

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December 01, 2020, 07:55:12 PM
 #91

Bitcoin is getting more and more popular in all countries, which increases the popularity of investors in the crypto world. It is nice that Amazon accepts bitcoin as a payment method. Good effect for bitcoin because its price will be more expensive year after year.
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