Topic: Why would customers use Bitcoins? - page 15. (Read 133884 times)
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.
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.
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.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.
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.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.
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.
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 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.
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?
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)
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.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.
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.
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.
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 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.
Another thing why they should is because its fast and reliable for payments.
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. 
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.
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.
Don't you appreciate that? Easy transactions, safe money, anonymity and all other things that no one else can give.
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.
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.
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.Jump to: