Image source: [https://cointelegraph.com/news/unverified-rumor-circulating-that-amazon-may-accept-bitcoin-by-october)
Rumors are circulating that Amazon may begin accepting Bitcoin as a payment method this October. The rumors appear to stem from a recent report on squawker.org, Some surveys have indicated that the company would have a financial reason to do so, but no official announcement has been made.
The squawker.org article references a mention in investor James Altucher’s newsletter. According to the source, Altucher is an experienced trader who many believe could have pre-announcement information. The article comments:
“James Altucher has (co)founded more than 20 companies, authored 11 books, and has been a contributor to several major publications.He is a former hedge fund manager and venture capitalist turned activist blogger/podcaster and offers a subscription based mailing list – the source of the Amazon information.”
News source: www.cointelegraph.com
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If this is true, then bitcoin has just consolidated its position as the number one cryptocurrency. The news is all over social media. Can't wait to start shoping on Amazon from Nigeria...
Thanks for sharing @crytoeagle
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Rumors are rumors till it becomes a fact, so lets wait and see :)
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So true @aftabkhan10... But there's also a saying that in every rumor, there's an element of truth.
But then i agree with you, let's not count our eggs before they hatch.
Thanks for your thoughts!
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You welcome dude :)
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Amazon is no idiot though, why they would invest on something that is slow in confirmation time, 5-6% of blocks using segwit (if youve been living in the cave, this is to solve bitcoin ridiculous 7 transaction per second with 1mb limit block) , freaking high transaction fee. It's impossible amazon is going to use that. Altcoins are more a no brainer choice. Amazon could sell over 400 items per second during peak sale, do you think 7 transaction per second would make any sense?
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You do have a point there. But then lets wait and see...
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hot post
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really good work!
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I also saw this news.
It looks too good to be true. If it is true then Bitcoin would explode as soon as confirmed.
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I do a great deal of shopping on Amazon and if this rumor is true it will be great for the price of BTC. Definitely will see folks flocking to purchase Bitcoin.
Well, there is already a Captain Obvious here on SteemIt; so I will not continue along this track of stating the obvious.
Amazon is not going to get my Bitcoin though! I am just going to HODL!
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Amazon is already getting my Bitcoin sir! Through Purse.io sir. I purchase all expensive items through them and people in India buy them for me for 20% less sir! I even get prime delivery sir!
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ahhaha, I know, they are not getting my Bitcoin, just regular fiat from indian credit cards hahah but still I use Purse sir
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Wow, i want put a store whit BTC!!! Amazing Tk for the info, i hope for this
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i saw a wallet/virtual miner impling this(direct and official use of bitcoins in amazon), one of these days, i dind't know that this are not a true and consolidated fact yet, they don't explain this right, luck for me, i read your post before any action, thanks!!
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This is a good news really...
Tell me why i wont continue to steem and earn some dollars that can be converted to bitcoin and make that amazon purchase???
Thanks so much for sharing this, keep up the good work
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This is very good news indeed. People in countries like Venezuela, India, Cuba, South Africa etc will benefit greatly for this as there currently have no other (legal, convenient) ways to buy on Amazon.
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Big news if it is true. Although even if it doesn't happen in October, it is only a matter of time before Amazon accepts Bitcoin and other crypto's. It would be foolish in the long term to turn down a safe, secure, and appreciating asset like bitcoin.
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And another 6 months or less and everyone is on-board, down fiat currency down.. Crypto's are taking over.. Exciting times indeed. Very nice post:)
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good blog. And if this news get confirmation in October then we are seeing another height of price $5000- $6000, what do you say
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@cryptoeagle I follow you,keep up the good work ,cheers.
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Thanks following
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good content should be followed and rewarded, i have to thank you mate .
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That will be an amazing leap forward, if true!
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This wonderful post has received a bellyrub of 11.40 % upvote from @bellyrub thanks to this cool cat: @cryptoeagle. My pops @zeartul is one of your top steemit witness, if you like my bellyrubs please go vote for him, if you love what he is doing vote for this comment as well.
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wow that's a good news, value of bitcoin increase.
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bitcoin has good information. Thanks for sharing with us
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awesome post friend.please follow me and vote my post.all time I with you. @cryptoeagle
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thanks for sharing @cryptoeagle, and don't tell my wife, she's going to start spending all of my meager cryptocurrency! #shesaddictedtoamazonshopping #needhelpfindingaplacetorecyclealloftheamazonboxesweget
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Dont give her your private keys ;)
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roger that!
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i think one day yes, but right now it is too volatile.
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If Amazon starts accepting Bitcoin others will follow. This would be a game changer. I would suspect Walmart to be close behind. When's eBay going to allow you to accept and bid with Bitcoin?
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This is incredible! Love it. @cryptoeagle
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@cryptoeagle Thanks for sharing this Upload.
It would be great if Amazon would accept Bitcoins,it would make more efficent for this Company. Bitcoin is currently number 1 from all the Cryptocurrencies ,it is a good investment if you already do.
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Thanks for giving the chance to enjoy this beautiful news!!
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Loads of information. Many thanks. Love it. @cryptoeagle Followed
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If this is true, then bitcoin has just consolidated its position as the number one cryptocurrency. The news is all over social media
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hot post .
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Great.
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Mercí mon frere. @mercidex I follow you.
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