Topic: Advantages of paying with Bitcoin - page 12. (Read 5330 times)
There's a lot of advantages but the most inportant in my opinion is the easy and fast transaction.
I do love using bitcoin to pay all my bills, because in our online local wallet has a great services and there is a rebates in every bill you pay using their services that is why i can also used bitcoin as remittance center in my area and get additional income from it.
first it's anonymous. So not ez to track who use this bitcoin address.
second it's fast and cheap than traditional way. like paypal or visa (4% fee)
second it's fast and cheap than traditional way. like paypal or visa (4% fee)
It is very convenient, no hassle when you are making transaction like transferring fuds. You don't have to go to banks and fall in line to deposit.
Thats true, once the transaction is being processed you can check it at the plockchan. I think it is a good feature since you can check that transaction is on going and live. Also, its convenient paying it using your mobile or pc. I think we have to encouraged more biller to accept bitcoin so that more people will be using.
It is very convenient, no hassle when you are making transaction like transferring fuds. You don't have to go to banks and fall in line to deposit.
I'v been using bitcoin to do fund transfer to my siblings and its very convenient and useful because there is no transaction fee unlike with other remittance center also I use bitcoin to buy some stuff online and paying bills its so nice because the budget I set for bills sometimes lessen because of appreciation in the value of bitcoin which I cannot experience in ordinary fiat
bitcoin transaction fees and transaction confirmations is expensive and long so to use bitcoin as a continuous payment I think is a bit detrimental. the advantages of paying using bitcoin may be anonymous and looks easy but now I see bitcoin as an expensive currency and a good investment.
Currently, I feel Bitcoins are good for investments and never used it buy any illegal things online.
I also see bitcoin as an investment and not a way to pay things bought online. It is convenient but I will let my credit card handle all the payments as I can see it is more documented. Also, for me it is only good to use Bitcoin as payment if the market is green. You might end up spending all your bitcoins if the market is red since the amount of bitcoin is also low.
I think it would be an advantage to have a bitcoin for investment purposes here online. Since I don't have a bank account, having bitcoin is such a necessary for me to pay or have transactions here online.
I think it is great paying with bitcoin, beside of the
fast transaction you can also get a lot of advantage.
fast transaction you can also get a lot of advantage.
Well before the main advantage of bitcoin was its lesser fees than credit card or paypal. However we could not use that one anymore right now because of the ridiculous fees. On the other hand its anonymous feature is still really good for not so legal transactions
If we could notice and experience bitcoin main advantage in transaction is the point that it does not have fees and if it have it could be a portion of just part of fees. But the main advantage if bitcoin in reality is its fast and reliable transaction that could serve as a good thing in the future. 
As a payment method, there is no personal information needed to make or accept payments and can be sent from anywhere there is internet connection to any part of the world. Secure, easy to use and hopefully someday cheaper and faster confirmation.
Exactly, anonymity, security against double spending are the most competitive features of Bitcoin and hopefully we can have a successful solution to the delayed confirmations and high transaction fees problem because that will really be the greater advantage.
So today I purchased web hosting from Namecheap using Bitcoin and it was incredibly cheap, simple and best of all, anonymous. When it comes to website ownership, depending on the kinds of sites you are building, this can be an important thing.
One of the reasons why Bitcoin took off initially was because of its privacy and anonymity benefits. Back then there were so few places where you could actually spend Bitcoin, so people ended up purchasing illegal things to test out the platform.
Now, we can see and trust definite advantages that Bitcoin as a technology brings - secure store of value, anonymity, global/universal currency, transparency (blockchain), software apps can be built on top, etc
but I really just wanted to get your opinion...
What are some advantages of paying with Bitcoin?
One of the reasons why Bitcoin took off initially was because of its privacy and anonymity benefits. Back then there were so few places where you could actually spend Bitcoin, so people ended up purchasing illegal things to test out the platform.
Now, we can see and trust definite advantages that Bitcoin as a technology brings - secure store of value, anonymity, global/universal currency, transparency (blockchain), software apps can be built on top, etc
but I really just wanted to get your opinion...
What are some advantages of paying with Bitcoin?
I do not use bitcoins too often to buy or shop online. only once a month. that too buy vpn. Yes, right. it's cheap, and our secrecy is guaranteed.
and i love it
So today I purchased web hosting from Namecheap using Bitcoin and it was incredibly cheap, simple and best of all, anonymous. When it comes to website ownership, depending on the kinds of sites you are building, this can be an important thing.
One of the reasons why Bitcoin took off initially was because of its privacy and anonymity benefits. Back then there were so few places where you could actually spend Bitcoin, so people ended up purchasing illegal things to test out the platform.
Now, we can see and trust definite advantages that Bitcoin as a technology brings - secure store of value, anonymity, global/universal currency, transparency (blockchain), software apps can be built on top, etc
but I really just wanted to get your opinion...
What are some advantages of paying with Bitcoin?
One of the reasons why Bitcoin took off initially was because of its privacy and anonymity benefits. Back then there were so few places where you could actually spend Bitcoin, so people ended up purchasing illegal things to test out the platform.
Now, we can see and trust definite advantages that Bitcoin as a technology brings - secure store of value, anonymity, global/universal currency, transparency (blockchain), software apps can be built on top, etc
but I really just wanted to get your opinion...
What are some advantages of paying with Bitcoin?
Nice hearing that Namecheap accept bitcoin now. I agree with the advantage of privacy when making payment. However since namecheap requires customer information, it defeat the purpose of this benefit.
Do you mind sharing what is the transaction fees you paid for this transaction?
The privacy issue is avoided by using fake name generator. This is how I create my PBNs for SEO juice.
The transaction fee was literally like 35 cents. Not bad at all
I dont think what in our time it is good idea to pay bitcoin
much better only save it or trade
much better only save it or trade
As a payment method, there is no personal information needed to make or accept payments and can be sent from anywhere there is internet connection to any part of the world. Secure, easy to use and hopefully someday cheaper and faster confirmation.
Exactly, anonymity, security against double spending are the most competitive features of Bitcoin and hopefully we can have a successful solution to the delayed confirmations and high transaction fees problem because that will really be the greater advantage.
Although transaction fees are getting higher now, paying in bitcoins are safer and faster. You can send and receive anonymously, unlike in other payments that you need to provide all your details.
It is true that paying in bitcoin is convenient but i am not sure about faster transactions being done in the past few weeks,bitcoin is without a doubt the best form of transaction when you compare traditional banks and other third person services because with bitcoin you only need the receiver and a smart gadget and a internet connection to send out the coins. 
As a payment method, there is no personal information needed to make or accept payments and can be sent from anywhere there is internet connection to any part of the world. Secure, easy to use and hopefully someday cheaper and faster confirmation.
Hmm Advantages of paying with Bitcoin is that it's anonymous and secure.U can pay digital currency to buy something sounds pretty fun right!?.
well, i do not think that paying using bitcoin is an advantage. but many people think it would be profitable. Probably, the advantage is that, the transaction becomes faster, with a small fee fee. but, for now, I do not think the profits work. I prefer to see bitcoin as an investment tool rather than as a means of payment.
By paying with bitcoin, you will have two advantage over it.
1.You no need to pay tax for that transaction.
2.If the price of bitcoin is very high means,you can pay less bitcoin.
For every transaction, payment of tax is manitory .But in bitcoin ,the amount will not from the source of income. You Income money is safe.Of the price of bitcoin is high means,you can pay less payment with bitcoin.
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