A rumor that Amazon probably will start accepting Bitcoin as a payment method this October . The rumors seem to come from a recent report on squawker.org. Some surveys indicate that the company has a financial reason to do so, but no official announcements were made.Articles on squawker.org referring to James Altucher investor newsletter. Which according to the source, Altucher is an experienced trader who many believed to have information that is pre-announcement or are yet to be published.
" James Altucher has established more than 20 companies, publishing 11 books, and has been a major contributor to several publications. He is a former hedge fund managers and venture capitalists are now becoming activist blogger / podcaster and offer subscription-based mailing list, "wrote the comments of the article.
Already Predicted Previous
Such announcement is something that has long been predicted in advance, because the online retail has many started to embrace Bitcoin, Amazon is likely to respond well, to maintain its dominance.
"They have to follow it. I would be very astonished if Amazon does not do it, because they can not hand over part of the market to us, if we were the only major retailers are willing to accept Bitcoin as payment, "said Patrick Byrne who plays as CEO of Overstock.
This step will also continue a trend that began with Ovetstock. A recent commentary in the Google API, has been loading people believe that other online giants will also start accepting bitcoin in the Google Store, as is done by Paypal and others.