Post
Topic
Board Speculation
Re: Imagine the pop when Amazon finally relents...
by
halfawake
on 13/12/2014, 19:49:26 UTC
I still think it's hilarious that people here think that Amazon accepting bitcoin today would create a rally in the price.  The volume Amazon has is so huge that I'm sure that if any of the CSRs forward these messages to Jeff Bezos, he's probably laughing about it.

The only possible way that Amazon accepting bitcoin wouldn't cause the price of bitcoin to seriously plunge would be if this adoption happens after a majority of Amazon's suppliers also accept bitcoin, and don't immediately convert to fiat.  It's going to be a long time, if ever, before that happens.