Post
Topic
Board Speculation
Re: Price if Amazon Accepts Bitcoin
by
zimmah
on 31/05/2014, 11:24:17 UTC
It might not affect the price at all as the price is mostly controlled by an accumulation/distribution cycle of whales.

You know about as much about economics as John Snow. Smiley
which John Snow do you mean?


http://www.thefrisky.com/wp-content/uploads/2013/06/03/you-know-nothing-06-0313-400x300.jpg

On-topic:

I guess if amazon accepts bitcoin it will have a positive effect on price and as well on the amount of sales on amazon. It'd be good for both parties.

But i think amazon will wait a while before it will accept bitcoin. The larger the company the longer they wait with new technology.