Amazon’s $1.91 Trillion Bitcoin Shock

By pereca30001, January 15, 2018

Just got this from Doug Hill at Choose Yourself Media about Amazon. What are your thoughts Travis? Has anyone else asked about it?
https://pro.chooseyourselfmedia.us/p/ALR_masterclass1col_1017/LALRU198/?h=true
Does it sound like they are teaming up with a specific company or are they going to start their own Cryptocurrency?
You are the only person I know that might have an idea on this.
Thanks again for an outstanding job over the years!

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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9 Comments on " Amazon’s $1.91 Trillion Bitcoin Shock"

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carolinaviking
Member
3

I believe one of the possible three Amazon crypto-currencies is Ethereum (ETH).

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Joyce
Guest
0

I was guessing XLM

Lynn
Guest
0

Yes, Travis—please help us out on this one with your super sleuthing skills! 😉

Dane F. Avagliano
Guest
0

Yes Travis Many of us would like to know what Amazon is up to.Are they going with their own currency or are they going with one that exist already.

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Upendra
Guest
0

Apparently, something will happen on April 27 2018. Looking at XLM, I have been reading at other online reviews that this will reach only $1.50 – 2.50 year end.

peacelovewoodstock
Guest
0
April 27 is their quarterly earnings report date and call. Last November, it was reported that Amazon has purchased three additional cryptocurrency related domain names, to augment “amazonbitcoin.com” which they purchased three years ago. Amazon has recently said that they are not about to start to accept cryptocurrencies, for all the obvious reasons. Analysts believe that the domain name registrations are defensive. IDK why they would want to create their own cryptocurrency, what with all the potential regulation and scrutiny and tax implications, and why would they want to associate their name with a risky and highly volatile crypto that… Read more »
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Altaf
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I agree with you fully. I am long too with a few dozen crypto as I don’t know which one will move like BTC. No possibility, again may be who knows? Today I see NEOS 101695%+, I checked the chart it does not show like that, then…

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sue nami
Irregular
2

Yes, I’m a bit surprised Mr Gumshoe hasn’t responded to this advert, how many of his subscribers have to make the request?

Travis Johnson, Stock Gumshoe
Admin
8968
I would imagine that cryptocurrencies are not at all a priority for Amazon. Until they make things better for consumers and are more efficient than credit cards, no impact… and I think we’re a long way from that now. Amazon doesn’t often take their eye off the ball of “what do consumers want, and how can we deliver it most quickly,” and cryptos aren’t going to soon be a meaningful competitor for actual transactions. Maybe someday, but the stories about Amazon being a crypto force or tipping the scales for one currency or another are, I think, just silly. I… Read more »
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