Imagine the pop when Amazon finally relents...

[hector3115]

If Amazon starts accepting bitcoin, that will trigger a massive rally.  You can buy everything on Amazon.  I email Jeff Bezos twice a week and I suggest all of you do too.

[snowdropfore]

i have done it several months ago

[hector3115]

I just started using purse.io to purchase stuff from Amazon.  I just tell my wife, dont buy anything from there anymore, just put it on your wish list.  Then I upload it to purse.io and you can get good discounts.  I am now eligible for a 15% discount.  It works pretty well I would recommend that to all of you as well.

[hector3115]

Then I rebuy the bitcoins spent immediately of course!

[cypherdoc]

Yes. The rally will be massive.

[adaseb]

I doubt it. Many retailers accept Bitcoin right now and the value is still dropping.

IF anything it will cause BTC to crash because everybody will sell BTC to buy goods on AMAZON

[1Referee]

If Amazon starts accepting bitcoin, that will trigger a massive rally.  You can buy everything on Amazon.  I email Jeff Bezos twice a week and I suggest all of you do too.

For sure it will cause a surge in price, but the point is, will it last.

Currently, each time there is a good news peak it only lasts for a very short time.

At first they are happy, and then for whatever reason people seem to do a step back.

[hector3115]

That announcement will dramatically increase the use case for Bitcoin.  I think that will pop and then keep popping!!!!!

[truetalkci]

If Amazon starts accepting bitcoin, that will trigger a massive rally.  You can buy everything on Amazon.  I email Jeff Bezos twice a week and I suggest all of you do too.

For sure it will cause a surge in price, but the point is, will it last.

Currently, each time there is a good news peak it only lasts for a very short time.

At first they are happy, and then for whatever reason people seem to do a step back.

because no big companies actually accept bitcoin, they are all accepting USD from bitpay/coinbase
it's just this simple

[hector3115]

It would be huge for Amazon too.  Bitcoin is exactly what Amazon needs to essentially take over retail.  I cant believe they haven't jumped on it yet.

[Tzupy]

Such an announcement should provide a good opportunity to short the top of the DCB.

[TrollinU]

It won't happen until the bottom is in, then you all can attribute the whole next bull market to amazon news because it's not natural market forces at work here 

[RyNinDaCleM]

It would be huge for Amazon too.  Bitcoin is exactly what Amazon needs to essentially take over retail.  I cant believe they haven't jumped on it yet.

Why would Bitcoin change their position in retail?
Why is Bitcoin exactly what they need to do so?

I can see that Amazon accepting Bitcoin is a step forward for Bitcoin, but Bitcoin changes nothing for Amazon.

[hector3115]

A lot of people still are uncomfortable using their credit cards for online shopping as they should be!!!!  Bitcoin provides the secure transaction that online retail has needed for years.

[Tzupy]

The ONLY bullish news I am looking for is the full release of OpenBazaar, quoting:

OpenBazaar is a new way to trade online. By running a program on your computer, you can connect directly to other users in the OpenBazaar network and trade with them.
This network isn't controlled by a company, it's a decentralized network that isn't run by any organization at all.
This means there are no mandatory fees to pay, and that your trade is censorship-resistant.
OpenBazaar uses Bitcoin, a digital currency that is also cheap to use, decentralized, and censorship-resistant.
This project is open source, which means the code is publicly available, can be reviewed, and anyone can join the project and suggest changes.
We are in beta right now, testing and improving the network continually. We hope to have a full release early 2015.

[hector3115]

I am excited about Open Bazaar too, but will they have the inventory of items that Amazon has?  And Amazon is what mainstream people use, they will probably not trust OPen Bazaar.

[Tzupy]

I am excited about Open Bazaar too, but will they have the inventory of items that Amazon has?  And Amazon is what mainstream people use, they will probably not trust OPen Bazaar.

Bitcoin is not for mainstream people, but for people who want to evade laws and regulations. It can be used with mainstream online merchants, but this is just a gimmick.

[hector3115]

If I was a criminal, I would prefer to deal in US dollars personally.  There is NO TRAIL, if someone gives you cash.  Ask Ross Ulbricht if Bitcoin is anonymous.

[fewcoins]

Such an announcement should provide a good opportunity to short the top of the DCB.

Exactly... I mean what would be the actual pop??? Considering all the people trying to get out of Bitcoin It might be what $30-$40 gain MAX
Great shorting opportunity just like today!!! 

[NotLambchop]

Yes. The rally will be massive.

Hope springs eternal in Bitcoiner's breast
He never is, but always to be blessed<<==distilled poesy