Damn you Amazon (+Walmart), you'll come round soon enough

[RockHound]

i wouldn't even count on amazon to exist for that much longer.
they are trading with a P/E ratio of 535 (http://finance.yahoo.com/echarts?s=AMZN), the whole company is a bubble waiting to explode.

Interesting thanks for that Rob! I know they invested huge into cloud storage facilities, but you're right, tradition vendors maybe looking for other distribution channels.

I understand that a multi-national company may be hesitant to integrate Ƀ for many reasons. But the first-to-market opportunity would be great for them. To be honest with I've never heard of Overstock before Ƀ although they are a major retailer in their own right.

Ƀ needs a major international player to get on board, and I believe this day is coming in near future  

[RockHound]

Sounds like they would like to hear from customers that we want them to accept it. Let's do it! Buy Amazon gift cards with Bitcoin (and save 3% at Gyft) and let Amazon know that's how you got the gift card!

Corporate complexities getting in the way of something beautiful again:

http://www.coindesk.com/gyft-forced-end-walmart-gift-card-support/

Walmart group too - Have used Gyft before, they are totally decent - one day we won't need a third-party though

[TheButterZone]

"we’re not hearing from customers that it’s right for them" -Amazon

BULLSHIT. Who hasn't asked Amazon to accept BTC? Wasn't there even at least one petition?

ETA: http://www.change.org/petitions/amazon-com-amazon-com-accept-bitcoin

[RockHound]

"we’re not hearing from customers that it’s right for them" -Amazon

BULLSHIT. Who hasn't asked Amazon to accept BTC? Wasn't there even at least one petition?

+1  Agreed Butters - It's more regulatory than "lack of demand"

[franky1]

amazon wont accept bitcoin currently... not for currency reason, but for payment processor reasons.

amazon want to become a payment processor and get small fee's per transaction. but they know that bitcoin as a processor, is a competitor..

the silly thing is that amazon is never going to be a payment processor. they are just going to be a shoppingcart. the actual payment processors are visa, mastercard, american express and bitcoin.

even paypal is not a payment processor. as they rely on banks/card services to do the processing.

one day amazon will learn their position in life/industry and realize that being a shopping card for merchants and users, is their niche and then to accept all forms of payment processors such as amex, visa, mastercard, bitcoin will all benefit amazon.

[zolace]

Its a matter of time, when they can think how much money the can save on fees given the amount of customers they can have. 

[ddink7]

jeff@amazon.com

[knight22]

Gotta sign that petition.
http://www.change.org/petitions/amazon-com-amazon-com-accept-bitcoin

[zolace]

ok does these petitions really work, and I think amazon can work with btc since they have a escrow system already, this is gonna be great, and you wont have to use a bank.

[zolace]

I'm willing to bet they are lying, and so any customer effort to convince them that it is wanted is pointless. The president of Amazon is a known "control freak". He can't control bitcoin, so if it is ever adopted, you can expect Amazon to be a late adopter, if ever.

[zolace]

"we’re not hearing from customers that it’s right for them" -Amazon

BULLSHIT. Who hasn't asked Amazon to accept BTC? Wasn't there even at least one petition?

+1  Agreed Butters - It's more regulatory than "lack of demand"

Amazon has never really been brave about moving before others move just take a look at how amazon branded web stores have been a failure if you where selling books, even now they are sharking book sellers by handling distribution and charging till the seller goes bust, Amazon will carry on making the Amazon mammon rich and only when they can make money themselves from bitcoin will they move to making choice for customers.

[RockHound]

Gotta sign that petition.
http://www.change.org/petitions/amazon-com-amazon-com-accept-bitcoin

Done!

BTW great links on your Footer, a must watch for everyone.

Nathan Mayer, Freiherr von Rothschild's orchestration, one of the world's greatest "pump and dumps" in history during the Napoleonic wars, blew my mind  

[RockHound]

"we’re not hearing from customers that it’s right for them" -Amazon

BULLSHIT. Who hasn't asked Amazon to accept BTC? Wasn't there even at least one petition?

+1  Agreed Butters - It's more regulatory than "lack of demand"

Amazon has never really been brave about moving before others move just take a look at how amazon branded web stores have been a failure if you where selling books, even now they are sharking book sellers by handling distribution and charging till the seller goes bust, Amazon will carry on making the Amazon mammon rich and only when they can make money themselves from bitcoin will they move to making choice for customers.

Nice one Zolace, you've made some good logical points here.

We're looking for some industry giant/leader to accept Ƀ, easier said than done no doubt. Even Richard Branson is reported to be a big believer in the cryptocurrency, but has not convinced his senior advisers it's a good idea thus far. Virgin Galactic product being the exception  

EDIT: he sold all his Bitcoins for Quark recently...now he's guttered 

[mindfulmojo]

Does everyone realize their are plenty of discount gift card companies out there?

They do not have to directly deal with the companies, because they are selling "used" gift cards.

The key is to have them realize they have a HUGE audience willing to spend some bitcoin,
with no risk to them since they are using a processor.

I have been in touch with http://www.giftcardrescue.com/ supposed to be talking to the CEO shortly about taking bitcoin payments.

There are many more of these discount gift cards companies...

http://www.cardpool.com/
https://www.plasticjungle.com/
http://www.raise.com/
http://www.abcgiftcards.com/store/
https://monstergiftcard.com/index.php

These are just a few! Email these sites, make them realize the first business to take advantage of this is going to make a killing! 

[iGROWyourBiz]

i wouldn't even count on amazon to exist for that much longer.
they are trading with a P/E ratio of 535 (http://finance.yahoo.com/echarts?s=AMZN), the whole company is a bubble waiting to explode.

Amazon is good at raising dollars though.  I remember when they started, it was YEARS before they ever broke even.  "making money" does not seem to be as important as moving volume and marketshare to the holders.  They have a few things coming that could make a huge difference in the physical and digital goods categories.

[wuhanyan21]

day will come they will realize their mistake

[zolace]

if we can have sellers give 10 percent discount on bitcoin payemnt on amazon then probably could win, as Amazon or btc haters wont like that very much

[Robert Paulson]

i wouldn't even count on amazon to exist for that much longer.
they are trading with a P/E ratio of 535 (http://finance.yahoo.com/echarts?s=AMZN), the whole company is a bubble waiting to explode.

Amazon is good at raising dollars though.  I remember when they started, it was YEARS before they ever broke even.  "making money" does not seem to be as important as moving volume and marketshare to the holders.  They have a few things coming that could make a huge difference in the physical and digital goods categories.

i don't care if they invent skynet, there is no way they are going to be making 35 times more money which is what they need to do in order to get a P/E of at least 15.

[gagalady]

don't worry, the USD is going into hyperinflation within this decade, bitcoin's time will come soon afterwards.

In the best situation bitcoin will be just another worlds currency but dollar will have it's value like it has now i think.

[iGROWyourBiz]

i wouldn't even count on amazon to exist for that much longer.
they are trading with a P/E ratio of 535 (http://finance.yahoo.com/echarts?s=AMZN), the whole company is a bubble waiting to explode.

Amazon is good at raising dollars though.  I remember when they started, it was YEARS before they ever broke even.  "making money" does not seem to be as important as moving volume and marketshare to the holders.  They have a few things coming that could make a huge difference in the physical and digital goods categories.

i don't care if they invent skynet, there is no way they are going to be making 35 times more money which is what they need to do in order to get a P/E of at least 15.

no way?   seriously?  I encourage you to do some more investigation