Why would customers use Bitcoins? - page 20.

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Quote from: mace15 on October 11, 2016, 02:34:20 AM

Customers would choose to use bitcoins because of easy transactions.
Faster transactions, low cost fee, easy to use. These are the reasons
why other customes would really choose bitcoins.

If I take myself as an example when paying in local stores, I don't pay any fees, transactions are near instant when I pay with my NFC enabled bank card, refunds can be sent instantly to my bank card again when needed. This gives the average joe no incentive to use Bitcoin as currency in the "offline" world.

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Customers would choose to use bitcoins because of easy transactions.
Faster transactions, low cost fee, easy to use. These are the reasons
why other customes would really choose bitcoins.

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Quote from: drwtsn32 on October 11, 2016, 01:47:38 AM

Quote from: Carlsen on October 10, 2016, 04:05:27 AM

One reason is that they do not want to have their name involved.
When they buy access to adult sites for example.
So guaranteeing the anonimity of a user is a way of advertisement that could be used much more to increase the interest for bitcoins in general.

It is like "legal illegal" way of buying stuff.
Legal because there is no law yet pertaining to this and illegal because, yeah, anyone can sell/buy illegal stuff through bitcoin without being detected.

It depends on what you buy with your bitcoin, if you buy like drugs or guns that is illegal and you are accountable for that if you will get caught, although you are using bitcoin but the act alone is already illegal and punishable by law.

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Quote from: Carlsen on October 10, 2016, 04:05:27 AM

One reason is that they do not want to have their name involved.
When they buy access to adult sites for example.
So guaranteeing the anonimity of a user is a way of advertisement that could be used much more to increase the interest for bitcoins in general.

It is like "legal illegal" way of buying stuff.
Legal because there is no law yet pertaining to this and illegal because, yeah, anyone can sell/buy illegal stuff through bitcoin without being detected.

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Quote from: madwica on October 10, 2016, 10:28:51 PM

Quote from: diodio5 on October 10, 2016, 07:14:09 PM

Quote from: bitcoluck on October 10, 2016, 05:00:49 PM

Quote from: bearex on November 21, 2015, 05:15:28 PM

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?

People must need to used bitcoin because of some reasons, one of the reasons is that bitcoin is very anonymous.

Lol if you're just saying that users should use bitcoin as anonymous bitcoin, it's not going to get other people interested, there is no urgency to use the currency anonymous to the public. so you need a strong reason to attract the users

It was hard to convince the persons who are not interested but we need to do something to convince them to used it i think we need to explain that bitcoin has more services that can helps them to improve their life.

The essence of having good profit and having convenience while using it here are some of the reasons that is going to make a customer use bitcoins. And for sure they are going to love it once they started using it. And that is going to make them able to convince to use bitcoins and they are going to be in trend for using it.

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Quote from: diodio5 on October 10, 2016, 07:14:09 PM

Quote from: bitcoluck on October 10, 2016, 05:00:49 PM

Quote from: bearex on November 21, 2015, 05:15:28 PM

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?

People must need to used bitcoin because of some reasons, one of the reasons is that bitcoin is very anonymous.

Lol if you're just saying that users should use bitcoin as anonymous bitcoin, it's not going to get other people interested, there is no urgency to use the currency anonymous to the public. so you need a strong reason to attract the users

It was hard to convince the persons who are not interested but we need to do something to convince them to used it i think we need to explain that bitcoin has more services that can helps them to improve their life.

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Quote from: bitcoluck on October 10, 2016, 05:00:49 PM

Quote from: bearex on November 21, 2015, 05:15:28 PM

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?

People must need to used bitcoin because of some reasons, one of the reasons is that bitcoin is very anonymous.

Lol if you're just saying that users should use bitcoin as anonymous bitcoin, it's not going to get other people interested, there is no urgency to use the currency anonymous to the public. so you need a strong reason to attract the users

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Quote from: MingLee on October 10, 2016, 05:13:04 PM

Quote from: richardsNY on October 10, 2016, 04:26:32 PM

Quote from: Senor.Bla on October 10, 2016, 04:13:59 PM

Quote from: Tyrantt on October 10, 2016, 03:52:27 PM

Quote from: arcanaaerobics on October 10, 2016, 01:52:09 PM

Quote from: mk4 on October 10, 2016, 12:11:36 PM

1. It's almost instant
2. If you're selling through paypal, you can prevent chargeback scams in bitcoins
3. you don't have to physically sign stuff like when sending checks

By your reply... Hmm... Why not use other altcoin with a fast block time and more privacity?

People uses bitcoin in cryptos because that's the first one, the gold currency.

Well it's the first one , the most known one, the one with the highest price and the one that is the main coin in all of the crypto currency world. Of course they'll be going to promote btc and not some other altcoin.

but this could change. right now bitcoin is way ahead of most altcoins, but if bitcoins development takes a turn for the worse it might happen. maybe not fast since probably 80% of bitcoins userbase do not have an interest in altcoins, but i could happen.

Bitcoin is ahead of all altcoins. Altcoins having more features doesn't mean they are better. It's an industry that drives on speculation only. The far majority of the altcoins end up losing nearly its entire value after a few years.

Every single altcoin right now has a majority of its value pushed through by speculators and traders who are trying to make it big on the market, and while a lot of altcoins exist the ones with new features get pumped because "oh this can work better" yet it is just pumped like every other altcoin and then dumped soon afterwards. It really is a losing situation for any altcoin devs right now.

The majority of the people behind the coin that they launched aren't devs at all. They bought everything and make false promises about the direction that their project is heading. Not sure why people still fall for it.

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Quote from: richardsNY on October 10, 2016, 04:26:32 PM

Quote from: Senor.Bla on October 10, 2016, 04:13:59 PM

Quote from: Tyrantt on October 10, 2016, 03:52:27 PM

Quote from: arcanaaerobics on October 10, 2016, 01:52:09 PM

Quote from: mk4 on October 10, 2016, 12:11:36 PM

1. It's almost instant
2. If you're selling through paypal, you can prevent chargeback scams in bitcoins
3. you don't have to physically sign stuff like when sending checks

By your reply... Hmm... Why not use other altcoin with a fast block time and more privacity?

People uses bitcoin in cryptos because that's the first one, the gold currency.

Well it's the first one , the most known one, the one with the highest price and the one that is the main coin in all of the crypto currency world. Of course they'll be going to promote btc and not some other altcoin.

but this could change. right now bitcoin is way ahead of most altcoins, but if bitcoins development takes a turn for the worse it might happen. maybe not fast since probably 80% of bitcoins userbase do not have an interest in altcoins, but i could happen.

Bitcoin is ahead of all altcoins. Altcoins having more features doesn't mean they are better. It's an industry that drives on speculation only. The far majority of the altcoins end up losing nearly its entire value after a few years.

Every single altcoin right now has a majority of its value pushed through by speculators and traders who are trying to make it big on the market, and while a lot of altcoins exist the ones with new features get pumped because "oh this can work better" yet it is just pumped like every other altcoin and then dumped soon afterwards. It really is a losing situation for any altcoin devs right now.

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Quote from: bearex on November 21, 2015, 05:15:28 PM

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?

People must need to used bitcoin because of some reasons, one of the reasons is that bitcoin is very anonymous.

richardsNY

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Quote from: Senor.Bla on October 10, 2016, 04:13:59 PM

Quote from: Tyrantt on October 10, 2016, 03:52:27 PM

Quote from: arcanaaerobics on October 10, 2016, 01:52:09 PM

Quote from: mk4 on October 10, 2016, 12:11:36 PM

1. It's almost instant
2. If you're selling through paypal, you can prevent chargeback scams in bitcoins
3. you don't have to physically sign stuff like when sending checks

By your reply... Hmm... Why not use other altcoin with a fast block time and more privacity?

People uses bitcoin in cryptos because that's the first one, the gold currency.

Well it's the first one , the most known one, the one with the highest price and the one that is the main coin in all of the crypto currency world. Of course they'll be going to promote btc and not some other altcoin.

but this could change. right now bitcoin is way ahead of most altcoins, but if bitcoins development takes a turn for the worse it might happen. maybe not fast since probably 80% of bitcoins userbase do not have an interest in altcoins, but i could happen.

Bitcoin is ahead of all altcoins. Altcoins having more features doesn't mean they are better. It's an industry that drives on speculation only. The far majority of the altcoins end up losing nearly its entire value after a few years.

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Quote from: Tyrantt on October 10, 2016, 03:52:27 PM

Quote from: arcanaaerobics on October 10, 2016, 01:52:09 PM

Quote from: mk4 on October 10, 2016, 12:11:36 PM

1. It's almost instant
2. If you're selling through paypal, you can prevent chargeback scams in bitcoins
3. you don't have to physically sign stuff like when sending checks

By your reply... Hmm... Why not use other altcoin with a fast block time and more privacity?

People uses bitcoin in cryptos because that's the first one, the gold currency.

Well it's the first one , the most known one, the one with the highest price and the one that is the main coin in all of the crypto currency world. Of course they'll be going to promote btc and not some other altcoin.

but this could change. right now bitcoin is way ahead of most altcoins, but if bitcoins development takes a turn for the worse it might happen. maybe not fast since probably 80% of bitcoins userbase do not have an interest in altcoins, but i could happen.

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Quote from: arcanaaerobics on October 10, 2016, 01:52:09 PM

Quote from: mk4 on October 10, 2016, 12:11:36 PM

1. It's almost instant
2. If you're selling through paypal, you can prevent chargeback scams in bitcoins
3. you don't have to physically sign stuff like when sending checks

By your reply... Hmm... Why not use other altcoin with a fast block time and more privacity?

People uses bitcoin in cryptos because that's the first one, the gold currency.

Well it's the first one , the most known one, the one with the highest price and the one that is the main coin in all of the crypto currency world. Of course they'll be going to promote btc and not some other altcoin.

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Quote from: mk4 on October 10, 2016, 12:11:36 PM

1. It's almost instant
2. If you're selling through paypal, you can prevent chargeback scams in bitcoins
3. you don't have to physically sign stuff like when sending checks

By your reply... Hmm... Why not use other altcoin with a fast block time and more privacity?

People uses bitcoin in cryptos because that's the first one, the gold currency.

mk4

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1. It's almost instant
2. If you're selling through paypal, you can prevent chargeback scams in bitcoins
3. you don't have to physically sign stuff like when sending checks

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It's not just the 10 cents fee, you also can include the 1-2% of exchanges when you go to buy bitcoins... And well, the other side will pay this 1-2% to the exchanges too to convert the money into fiat.

So at the end of the day, we are in the same 5% of the credit cards, bitcoin at the moment isn't a big deal.

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Quote from: buxlover on October 10, 2016, 06:10:14 AM

Customers would use bitcoin for anonymity, lower fees, fast transfer (worldwide). For me i love to see a digital currency just disappear or appear and it has a price.

Bitcoin is new type of payment, so it takes some tie to adapt and believe. some years ago many people were afraid to use ATM cards to take cash, then debit cards to purchase online. Now those became familiar and many using them, so will bitcoin become familiar and all fear on bitcoin will fade away and many would use bitcoin as their secondary currency.

The lower fees is what is inviting to the eyes of many and I use it whenever I introduce bitcoin. I compare it to how much they pay with Western Union then see how much they can save in an annual basis. But still they are somehow doubtful of it saying they got used to the same company that they have been using. It is just really sad even if there are proofs already.

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Quote from: Luke2939 on October 10, 2016, 04:34:43 AM

Most customers use it because they are hard core followers of bitcoins and they want it to get famous in their community. Then, it can also be because of the convenience them get. I don't know about other reasons...

That is going to help the bitcoin economy if customers will use bitcoins for they are going to contribute and add another into the demand of it. And the other reasons behind it is because the ease of using bitcoin is just like you are bringing a debit card but it is digital and you don't have to use cards just for shopping online or outside.

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Quote from: BitHodler on October 09, 2016, 06:58:35 AM

Quote from: 23dzmaz on October 09, 2016, 06:47:26 AM

Well, there are many reasons why customers using bitcoins and i think the most one is because fee on transaction using bitcoin is really small than other digital currencies.

Imagine people trying to shop in their local stores.

With Bitcoin you enjoy low fee transactions when you are spending them, but if you stick to using fiat, you don't pay any fees when buying things.

This is how non Bitcoiners will look at things. And on top of that, in order to spend Bitcoin, you have to buy it first.

and we don't have to pay for tax product fee that almost use in every product on local stores. because in one store with another store, there are different fee that we should spend. i think we can see this in many places for future after bitcoin reach on almost all countries and then we can use bitcoin to buy product in local stores.

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Customers would use bitcoin for anonymity, lower fees, fast transfer (worldwide). For me i love to see a digital currency just disappear or appear and it has a price.

Bitcoin is new type of payment, so it takes some tie to adapt and believe. some years ago many people were afraid to use ATM cards to take cash, then debit cards to purchase online. Now those became familiar and many using them, so will bitcoin become familiar and all fear on bitcoin will fade away and many would use bitcoin as their secondary currency.

Topic: Why would customers use Bitcoins? - page 20. (Read 133905 times)