Quote from: passwordnow on November 06, 2017, 07:21:57 AM

Quote from: CuriousGeorge on November 06, 2017, 03:18:07 AM

Quote from: passwordnow on November 05, 2017, 11:38:38 PM

Quote from: player514 on November 05, 2017, 08:29:57 PM

2) Amazon just bought some crypto domains and it seems like tech companies are starting to come out with support for crypto.

I think they are not the ones who bought those domains. I've seen someone posted on a group that he bought those amazon crypto domains so that when amazon is ready to kick in crypto, they will be having trouble of finding themselves suitable domain. And in return to that, he kept those domains to sell it to amazon for a higher price.

Well that's just a speculation and to be honest, kinda too early or delusional to assume that amazon will start to accept bitcoin by just bought many crypto domains, big chance they just want to reserve it by the significant increase of the bitcoin price. They just don't want to miss this train of profit and in my opinion if they want to accept bitcoin in their markteplace, they need to comply with so many regulation and KYC included and it's really complicated.

Well it's just always rumors so those people that are starting to think about it are doing the best that they can to get those domains earlier than amazon. Reserving it so if ever Amazon starts to announce their adoption of bitcoin it will be a big profit for whomever is that. But some says that Amazon can suit him for that move since Amazon is a legit trademark and is a real business.

I don't think these Amazon rumours have no basis. They keep popping up every now and then, but always come to nought. In the olden days, I would have thought people were trying to talk up the price. But that is no longer necessary. Bitcoin is doing pretty well by itself.