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Topic: Advantages of paying with Bitcoin - page 2. (Read 5309 times)

legendary
Activity: 2394
Merit: 1412
Leading Crypto Sports Betting & Casino Platform
October 13, 2017, 02:32:23 AM
Honestly, I've stopped paying with my coins because the recent months have been very convincing as to how bitcoin's price has no roof. When a payment in bitcoin is demanded I'll just swipe my actual money out and buy some bitcoin.
hero member
Activity: 2912
Merit: 629
October 13, 2017, 02:28:19 AM
Its fast and hassle free you dont have to go to the store or banks to make payment and wherever you are you can have transactions as long as there is internet connection.

Another one is theres no third party that can interrupt your transactions like government they cant freeze your account and no tax has been added.
sr. member
Activity: 378
Merit: 260
Bitcoin SV is Bitcoin
October 13, 2017, 02:13:52 AM
Currently, I feel Bitcoins are good for investments and never used it buy any illegal things online.

Because of slow transactions if a site wants at least one confirmation to confirm your order then you may need to wait for few hours after payment. That is a bad thing about Bitcoin transactions. I'm into Bitcoins only for the investment purpose as of now. If you want to hide your identity then Bitcoins are the best option for payment.

Lignting Nerwork is comming  Cool
legendary
Activity: 1120
Merit: 1003
October 13, 2017, 02:09:31 AM
For buyers it is an actual rate use buy for seller it depends riskly Smiley for market up or down nobody know today 1 pcs of product 10 $ = x.xxxx btc tomorrow nobody knows what is rate's maybe more maybe less but buyers use preev or bitstamp rate's and calculate and sent it that's all.
sr. member
Activity: 489
Merit: 250
October 13, 2017, 02:05:57 AM
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
There is no hidden charges or even service fees. Also, it is convenient on our part because we don't have to leave our home. Yo can pay your bills or even your order in online as long as you have an internet or WiFi. Also, when we pay with bitcoin we also earn from that You pay, you earn!
full member
Activity: 387
Merit: 100
October 13, 2017, 01:52:06 AM
In my opinion,the advantages of paying by using bitcoin are,
we can pay wherever we are,but with one condition there must be internet service.
full member
Activity: 179
Merit: 100
October 13, 2017, 12:35:43 AM
The advantage of paying with bitcoin is you dont need to go to some pay bill center and wait for a long time..in coins.ph you dont need to go to store to load up...you just need to open the application and load with it
full member
Activity: 476
Merit: 103
October 13, 2017, 12:32:17 AM
Payment through bitcoins is quite easy. You just have a receiving address of that person and with one click it get transfer.
Bitcoin's transactions are very transparent, no refunds and you can transfer bitcoins with one click
member
Activity: 112
Merit: 10
October 12, 2017, 07:04:34 PM
Currently bincoin less fit to be used as a cash or non-cash payment, because not everyone knows bitcoin. In addition, transactions using bitcoin take a long time than money or credit cards. However, Bitcoin is suitable for long-term and short-term investments and is able to conceal the identity of the owner. If used as an investment field, bitcoin is very promising and fitting for now and in the future.
full member
Activity: 319
Merit: 100
October 12, 2017, 06:40:57 PM
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?
The advantages of paying bitcoin are it is very simple and one of the easiest money transfer in which you can transfer it anywhere just you onĺy need is Internet.
full member
Activity: 560
Merit: 100
October 12, 2017, 06:27:31 PM
In bitcoin we can not lie because all transactions must be transparent, very simple and easy money transfer in form of coins. very unique technology, no money use same technology as bitcoin. I think this is what makes payments for bitcoins rare.
full member
Activity: 490
Merit: 107
October 12, 2017, 06:05:50 PM
the advantage that I can get if investing bitcoin is transact easily so it can do trandaksi quickly. also bitcoin can store bitcoin and hold it. for investment purposes.
full member
Activity: 210
Merit: 117
October 12, 2017, 05:55:07 PM
For me or is just easier. I like not having to go through a long process with my credit card and bank and I don't like PayPal. So Bitcoin is perfect for me. Also it's the latest technology and it's totally cool and I don't want to be left behind.
In my experience it much pretty easier paying here than the credit card.the advantage of paying here is hassle free and no slow transactions ,no higher fees when you transact it.No tax and it must be benefited when you use bitcoin to pay because there us a rebates when you use your wallet and aside from that bitcoin is decentralized so its the safest way to pay here.
legendary
Activity: 1386
Merit: 1027
Dump it!!!
October 12, 2017, 05:29:00 PM
-If you paying someone a colossal sum of money its easy to make such a payment as it gets confirmed fastest without alarming anybody and transaction fees are cut tremendously.
- The blockchain helps to keep a record of your transaction in the public ledger should we need proof of payment of the tx.
-Not much of a reason but bitcoin is pioneering the future of tomorrow and we couldn't afford missing it.
full member
Activity: 378
Merit: 101
October 12, 2017, 05:27:21 PM
First of all is the security, and I really think that the speed has always been a great feature of BTC, and it remains to be one of my favorite reasons for using BTC. Also confidentiality - the fact that I can control my BTC totally, and that I don't need to trust external personnel to keep my money gives me a good sense of independence.
Also, the chances of my money getting intercepted on the way is far less, due to the decentralized structure of BTC and the verification method that the BTC blockchain uses to verify blocks of transactions.
hero member
Activity: 672
Merit: 500
October 12, 2017, 05:13:21 PM
As paying is a decentralized and anonymous currency, paying with it is indeed preferable for so many buyers.

Privacy is valuable even if we are dealing with legal and normal merchants. Also Bitcoin fee is lower then paying with ewallets or using the credit cards.
hero member
Activity: 812
Merit: 510
October 12, 2017, 04:51:15 PM
you are able to make transaction without any tax or paying any additional fees other than the network fees there are many disadvantages also like price increasing the very next day but keeping us hidden while make the transaction totally makes it worth
sr. member
Activity: 602
Merit: 252
October 11, 2017, 12:52:10 AM
Advantages of paying with bitcoin is not that big, because when you make a buying with bitcoin surely you'll get benefited but later when the price increases what you experience is that you could have paid an increased amount for the product which is not worth it.
full member
Activity: 140
Merit: 100
October 11, 2017, 12:35:06 AM
Using bitcoin as payment is easy and hassle free transactions. Sometimes, your wallet exchanger has some freebies for using your bitcoin. There are becoming more establishements and company that accepts payments and bills thru your bitcoin wallet. But I think,  there is also some risk doing this thing in terms of on line security. One should always think of his safety, do not even think of giving your key to anyone.
full member
Activity: 238
Merit: 100
October 10, 2017, 02:23:39 AM
There are many advantage of paying with bitcoin,just like you can do your work easy and fast,also bitcoin can be transfered to other person without using banks,money changer,and sending money with pwanshops and other senders.Also paying with bitcoin can be more thrifty because you will not pay taxes and other fees,that's why it is a big advantage to us that paying with bitcoin.But also there are disadvantage,because bitcoin is anonymous in any banks,paying centers or any transaction.But it won't affect to large.
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