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Topic: Why would customers use Bitcoins? - page 15. (Read 133913 times)

member
Activity: 70
Merit: 10
October 16, 2016, 06:58:10 AM
Customers can use the the bitcoin because its firstly very fast and also very secure to pay with it. You can not get robbed and the fact is also that you are also untraceable if you payed something. One of the best things for customers is also that its self controllable no banks are involved.
sr. member
Activity: 280
Merit: 250
October 16, 2016, 05:22:02 AM
it would be faster to transact in bitcoin. customer would just scan the qr code and make the payment at a minute. it would a technological development. technology loves would definitely accept it and live the way for transaction.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
October 16, 2016, 04:54:36 AM
the biggest thing, no sending fees!
Actually there is fee in bitcoin transaction its not completely zero fee while sending bitcoin. But better to say this is way lower than usual payment processor's fee.
yes you have to pay the fee but there is no tax on bitcoin and it is more easy to use and specially it is the best for online shopping therefore i will always give preference to bitcoin.
i agree with you that no tax on bitcoin and bitcoin is really very good easy for online shopping because bitcoin transaction is very faster and it fees is very much lower and bitcoin is available in everywhere for online shopping than other service.

Are you sure that bitcon is available everywhere for online shopping in compare to other services like Paypal? There are very few sites that accepts bitcoin at a moment but when it comes to Paypal almost all sites accepts it.
Paypal has a licensed and is bound to follow the rules of the government but bitcoin is anonymous, so for big business online which are also operating legally, they would prefer to accept only a payment processor that is legal also, bitcoin is not legalized so although bitcoin has a good feature they cannot accept it.
hero member
Activity: 672
Merit: 500
October 16, 2016, 04:21:11 AM
the biggest thing, no sending fees!
Actually there is fee in bitcoin transaction its not completely zero fee while sending bitcoin. But better to say this is way lower than usual payment processor's fee.
yes you have to pay the fee but there is no tax on bitcoin and it is more easy to use and specially it is the best for online shopping therefore i will always give preference to bitcoin.
i agree with you that no tax on bitcoin and bitcoin is really very good easy for online shopping because bitcoin transaction is very faster and it fees is very much lower and bitcoin is available in everywhere for online shopping than other service.

Are you sure that bitcon is available everywhere for online shopping in compare to other services like Paypal? There are very few sites that accepts bitcoin at a moment but when it comes to Paypal almost all sites accepts it.
hero member
Activity: 3052
Merit: 651
October 16, 2016, 01:42:56 AM
If this is comparing to other money transfer companies then bitcoin will get the upper hand. It is low in its transaction fees and it is way faster. The problem is where we could get it. That is the upper hand of those companies. They got structures in many parts of the world and they are connected to other money transfer to make it more convenient.
hero member
Activity: 952
Merit: 503
October 15, 2016, 03:40:03 PM
the biggest thing, no sending fees!
Actually there is fee in bitcoin transaction its not completely zero fee while sending bitcoin. But better to say this is way lower than usual payment processor's fee.
yes you have to pay the fee but there is no tax on bitcoin and it is more easy to use and specially it is the best for online shopping therefore i will always give preference to bitcoin.
i agree with you that no tax on bitcoin and bitcoin is really very good easy for online shopping because bitcoin transaction is very faster and it fees is very much lower and bitcoin is available in everywhere for online shopping than other service.
U2
hero member
Activity: 676
Merit: 503
I used to be indecisive, but now I'm not sure...
October 15, 2016, 11:21:16 AM
I guess the problem is there are so many pros for accepting Bitcoins but there are less for a consumer if you're dealing on the p2p level. If I go to Walmart and spend 0.05 Bitcoins I'm expecting that when the clothes don't fit I can go back and get 0.05 btc back. If I'm dealing with Joe blow from online selling shotty merchandise I'm probably screwed because I just gave him the internet equivalent of cash.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
October 15, 2016, 11:17:16 AM
I came to figure out, why would a consumer/customer use Bitcoins?
You have to pay the 3 cent fee, while you dont have to pay anything when paying with a credit card.

So what is really a benefit for using Bitcoins, customer wise?

SAFETY

NET DEFLATIONARY

SMALL FEES ( I do have to pay fees when using my card)

FRICTIONLESS (no capital control)

FAST SETTLEMENT (10m- 60m)

CANT BE CONFISCATED (you are in control of your money)
sr. member
Activity: 252
Merit: 250
October 15, 2016, 10:48:59 AM
the biggest thing, no sending fees!
Actually there is fee in bitcoin transaction its not completely zero fee while sending bitcoin. But better to say this is way lower than usual payment processor's fee.
yes you have to pay the fee but there is no tax on bitcoin and it is more easy to use and specially it is the best for online shopping therefore i will always give preference to bitcoin.
hero member
Activity: 490
Merit: 520
October 15, 2016, 10:26:35 AM
the biggest thing, no sending fees!
Actually there is fee in bitcoin transaction its not completely zero fee while sending bitcoin. But better to say this is way lower than usual payment processor's fee.

I think he meant it cannot be felt much due to the low transaction fee. It is existing but the problem is it always took longer when the fee is lower that is why I am sticking with the right amount with the faster sending time.
Considering it only costs something like, what, $0.10 to $0.20 to send a payment, along with literally every other service provided by the blockchain being free, is it really something that you have to even remotely worry about? The banking fees (assuming you don't use cash all the time) easily make Bitcoin the cheaper option.
hero member
Activity: 910
Merit: 1000
October 15, 2016, 10:24:56 AM
the biggest thing, no sending fees!
Actually there is fee in bitcoin transaction its not completely zero fee while sending bitcoin. But better to say this is way lower than usual payment processor's fee.

I think he meant it cannot be felt much due to the low transaction fee. It is existing but the problem is it always took longer when the fee is lower that is why I am sticking with the right amount with the faster sending time.

Yes its always good to put some extra fees in order to avoid the delay in confirmation time, and when it comes to transferring bitcoins to bank account it hardly takes fractions of minutes with minimum fees.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
October 15, 2016, 10:21:03 AM
the biggest thing, no sending fees!
Actually there is fee in bitcoin transaction its not completely zero fee while sending bitcoin. But better to say this is way lower than usual payment processor's fee.

I think he meant it cannot be felt much due to the low transaction fee. It is existing but the problem is it always took longer when the fee is lower that is why I am sticking with the right amount with the faster sending time.
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
October 15, 2016, 09:34:55 AM
the biggest thing, no sending fees!
Actually there is fee in bitcoin transaction its not completely zero fee while sending bitcoin. But better to say this is way lower than usual payment processor's fee.
member
Activity: 96
Merit: 10
October 15, 2016, 09:31:08 AM
I think Customers should use the bitcoin for it being a secure way to pay something and with good privacy as well, You don't expose your money as the case with Creditcards.
Another thing why they should is because its fast and reliable for payments.
full member
Activity: 140
Merit: 100
October 15, 2016, 09:16:24 AM
People should use bitcoin as it can be the best investment for future and they can make good profits from it and if they don't have money to invest then they can even earn it in different ways.
The reason would be, the transaction is really quick and secured. No tax and no surcharges for anything. Its not even required to carry in hand as it is a digital currency. No third party interferes. As it is fully depend on online, keeping the wallets secured with given keys is mandatory for safety. Few countries accept btc but many not. It is a big challenge for the government.
hero member
Activity: 672
Merit: 503
October 15, 2016, 07:36:23 AM
People should use bitcoin as it can be the best investment for future and they can make good profits from it and if they don't have money to invest then they can even earn it in different ways.
sr. member
Activity: 476
Merit: 250
October 15, 2016, 05:11:28 AM
3 cents is actually cheap for the convenience that bitcoin is giving you!
Don't you appreciate that? Easy transactions, safe money, anonymity and all other things that no one else can give.
member
Activity: 64
Merit: 10
October 15, 2016, 05:03:27 AM
You do pay more fees using CC on the long term, You don't pay direct fees for some cards in the US but the interest on the used funds can be much more than 5 cents, Also PayPal "for example" takes +30 cents and a 2.something fee for each commercial transaction, BTC is cheap compared to that.
hero member
Activity: 910
Merit: 550
October 15, 2016, 03:52:26 AM
People should start using it because as I've said on the other thread, it is more convenient and reliable. You can use it and you can control it in you own will.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
October 14, 2016, 10:34:19 PM
customers will find the use of bitcoins as arguably the easiest means of making payments and probably the cheapest as fees are very low...close to free Wink. We also get to enjoy some confidentiality to some degree provided you take the precautionary steps
You are right I am also using bitcoin for any purchase only because of these benefits. I like much more to pay with bitcoin when I have to buy any thing online while I do not have any facility to buy with bitcoin offline.
If I will transact online I use bitcoin because it is easy to use and it has a cheap transaction fee, but I would not say that customers should use bitcoins because the bulk of transactions in our daily life are happening in the offline world or the physical world where we need to use paper money to transact.
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