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Topic: So Whats the Difference when you use BTC? - page 2. (Read 3334 times)

member
Activity: 233
Merit: 10
November 30, 2015, 05:27:22 AM
#65
I dunno, it just feels good.
legendary
Activity: 1624
Merit: 2481
November 30, 2015, 03:04:22 AM
#64
...
I guess being annonymus is just another thing aswell , some people don't want to reveal their real informations ...

Its not truly anonymous.. just pseudo anonymous..

But the difference is the speed it takes to send money around the world.. You can send several thousand of dollar around whole word for like fees worth 3 cent.
Furthermore u are the holder of your money.. You dont have to trust any 3rd Party to keep your money safe
newbie
Activity: 56
Merit: 0
November 30, 2015, 02:59:33 AM
#63
The difference is i cn pay my bills using online payment, amd its cool to hav that
legendary
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
November 29, 2015, 09:54:42 PM
#62
The main benefit of me is that I dont have a credit card/debit card. Using Bitcoin (maybe earning Bitcoin) enable me to buy things online at merchants such as NewEgg and Overstock which accept Bitcoin. I am also able to buy from Amazon.com by buying Giftcards from Gyft and eGifter. I already bought two things online from using Bitcoin. And the two things is literary the only two things I bought online.
member
Activity: 112
Merit: 10
November 29, 2015, 06:35:10 PM
#61
The transaction fee, and the instant of me sending and receiving money.
That is the best thing about using BTC for me
Yes the transaction fees is very low but reveiving and sending money is not instant, it need confirmations.

Yes that is true. But when you try and withdraw money from and ATM, owned by another bank, they charge you a fee as well. Like in Australia, it is $2, whereas for Bitcoin, the fee is only like a couple of cents so it doesn't really make a difference. That is one problem with Bitcoin, the transactions aren't instant and that is one of the things I hate about it.
member
Activity: 112
Merit: 10
November 29, 2015, 06:19:16 PM
#60
I like the anonymity of Bitcoin. I don't want to reveal my identity when I buy products, that is why I like sites like purse.io. It is also very safe compared to credit and debit cards. If you put your credit card details into a dodgy website, they could steal all those details and drain out your whole credit card. Whereas if you transfer some Bitcoin to a website, it is completely anonymous and they can't get into your Bitcoin wallet.
member
Activity: 88
Merit: 10
November 29, 2015, 05:27:45 PM
#59
The transaction fee, and the instant of me sending and receiving money.
That is the best thing about using BTC for me
Yes the transaction fees is very low but reveiving and sending money is not instant, it need confirmations.
full member
Activity: 140
Merit: 100
November 27, 2015, 10:20:15 PM
#58
The transaction fee, and the instant of me sending and receiving money.
That is the best thing about using BTC for me
hero member
Activity: 952
Merit: 1000
November 27, 2015, 08:22:18 PM
#57
You can't really send money around the globe, especially to unbanked countries, unless you're using snail mail. Even that's risky. Wire transfers cost at least €30 and take 1-5 working days to arrive and in the end the only one who wins from this are the banks. Bitcoin eliminates the middleman and works as a peer to peer, with low fees and relatively low confirmation times.

Yeah. Wire transfers are costly and time consuming, On the other hand bitcoin transactions are too fast when it comes to online transfers and with minimum transaction fees, the payments are instantly made and that's the difference now I am having when I use my BTC and also got rid of bank charges.
hero member
Activity: 672
Merit: 502
November 27, 2015, 07:42:17 PM
#56
Staying anonymous is key xD
But if you buy something physical then you need to deliver a place so you get your package delivered, they will also need your personal data, which means they can now inspect your transaction history and see where the coins came from, sure you can use a tumbler always before buying anything but thats just too annoying. I can't wait for all the good stuff coming for increased anonymity.
sr. member
Activity: 574
Merit: 250
In XEM we trust
November 27, 2015, 04:13:04 PM
#55
You can't really send money around the globe, especially to unbanked countries, unless you're using snail mail. Even that's risky. Wire transfers cost at least €30 and take 1-5 working days to arrive and in the end the only one who wins from this are the banks. Bitcoin eliminates the middleman and works as a peer to peer, with low fees and relatively low confirmation times.
full member
Activity: 336
Merit: 100
November 27, 2015, 03:47:56 PM
#54
you are right mister .
when i had started the use of btc then the my first attention toward the btc was low transaction fee.
since some time the amount of transaction fee increases or decreases
but it is a greatest way for payment to a bitcoin users.
i think due to this facility of the bitcoins in blockchain.info like web wallet will increase the use of bitcoins instead of bank money .
full member
Activity: 126
Merit: 100
November 27, 2015, 02:29:18 AM
#53
The difference is I am in control all of the time and can transfer where ever I want without being investigated or questioned
hero member
Activity: 994
Merit: 500
November 27, 2015, 02:12:05 AM
#52
I can send money throughout the world without covering large fees and it's a great deal for me Smiley
this is major draw right now that consumers want from it.
full member
Activity: 210
Merit: 100
November 27, 2015, 02:06:45 AM
#51
One big thing I can think of is that every time you use a credit/debit card, a transaction fee goes to a big bank/payment processor.  With btc, it goes to a miner.

Other than that, how does it benefit you to use btc?  I mean you need fiat to get btc, and then usually need to take fiat out.  So where is the net benefit besides the fees being lost by the big banks/payment companies?

I bought like G2A steam games and OPSKINS for csgo, its just scan the QR code then done.
legendary
Activity: 2352
Merit: 1087
November 27, 2015, 01:44:10 AM
#50
One big thing I can think of is that every time you use a credit/debit card, a transaction fee goes to a big bank/payment processor.  With btc, it goes to a miner.

Other than that, how does it benefit you to use btc?  I mean you need fiat to get btc, and then usually need to take fiat out.  So where is the net benefit besides the fees being lost by the big banks/payment companies?


Low fees, no tax charge,big exchange rate.
For me this are the benefits you can get using btc.
Btc is not that popular yet but I can pay my house bills
Through btc directly which is convenient.
sr. member
Activity: 434
Merit: 250
November 27, 2015, 01:42:36 AM
#49
I can send money throughout the world without covering large fees and it's a great deal for me Smiley
hero member
Activity: 533
Merit: 500
November 27, 2015, 01:30:38 AM
#48
my money is always in my own pocket and never in banks pocket. i can carry hundred of thousand (if i had this) all on my smart phone and send instantly with no one watching over my shoulder!!

Exactly we have now control on our own money with no bank intervention nor from the governments who impose very high taxes on your income and in return just cheats us with false promises, Using bitcoins is something a great feeling whenever I use bitcoins it brings a smile on my face and a great level of satisfaction that I am an owner of bitcoins.
full member
Activity: 126
Merit: 100
November 27, 2015, 12:27:42 AM
#47
Staying anonymous is key xD
member
Activity: 98
Merit: 10
November 27, 2015, 12:21:13 AM
#46
my money is always in my own pocket and never in banks pocket. i can carry hundred of thousand (if i had this) all on my smart phone and send instantly with no one watching over my shoulder!!
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