Why would customers use Bitcoins? - page 22.

virusasog

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Quote from: torrentheaven on October 09, 2016, 11:02:41 AM

Bitcoin provides great opportunity to earn money and when it comes to transactions it involves very low fees which is far better then other payment methods who charges very high fees from his customers.

This is great explanation to use the bitcoin here and around the world. As you we can do international transaction with the very low transaction fees not like Western union fees or PayPal or fixed charges. This is the only money act as currency and the payment mode.

torrentheaven

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Bitcoin provides great opportunity to earn money and when it comes to transactions it involves very low fees which is far better then other payment methods who charges very high fees from his customers.

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Quote from: danherbias07 on October 09, 2016, 07:23:34 AM

Quote from: BitHodler on October 09, 2016, 05:58:35 AM

Quote from: 23dzmaz on October 09, 2016, 05:47:26 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.

You mean that is also the reason of holding them to trust BTC. Yes there is still that convenience in using fiat but what if its value suddenly broke down. You could run to BTC and maybe exchange it to other currency to at least have a good amount of money just from exchanging it.

Well maybe shops could cover the fees so you dont have to and also, there would be no mroe waiting in line that long for paying, just scan the wallet and goodbye, no change, shorter lines, you caouldn't gett mugged and have you money taken away, I mean you technicly could but back that wallet up and print the new wallet qr. :p

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Quote from: BitHodler on October 09, 2016, 05:58:35 AM

Quote from: 23dzmaz on October 09, 2016, 05:47:26 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.

You mean that is also the reason of holding them to trust BTC. Yes there is still that convenience in using fiat but what if its value suddenly broke down. You could run to BTC and maybe exchange it to other currency to at least have a good amount of money just from exchanging it.

dragonusa9

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Quote from: thend1949 on October 09, 2016, 06:06:40 AM

Quote from: co5hike on October 08, 2016, 06:09:12 AM

Quote from: KingdomHearts on October 08, 2016, 05:52:19 AM

Quote from: kampretosChoalathos on October 04, 2016, 03:37:57 AM

I think use bitcoin
because with bitcoin is very fast grow my money

yeah you are right that bitcoin growing our money too much faster because people invest their money in bitcoin ,bitcoin increasing its price too much faster and bitcoin is very profitable for anyone and bitcoin also growing my money very fast.

The days are gone when you used to make fast money from bitcoins, price is stable since long time and I don't think it will pump hugely in next couple of months but you can make quick money if you are trading altcoins.

Way back 2013? Am i right? That time is really a huge pump of bitcoin price! And im hoping wiith it in halving day but it doesnt happen! I agree that bitcoin price is a sort of very stable it will pump but to low and also dump but to low unlike in past few years.

it's a good opportunity for the one who newly use bitcoin sir, the price very stable nowadays
so they dont loss too much value for using bitcoin especially when dumping season come

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Quote from: co5hike on October 08, 2016, 06:09:12 AM

Quote from: KingdomHearts on October 08, 2016, 05:52:19 AM

Quote from: kampretosChoalathos on October 04, 2016, 03:37:57 AM

I think use bitcoin
because with bitcoin is very fast grow my money

yeah you are right that bitcoin growing our money too much faster because people invest their money in bitcoin ,bitcoin increasing its price too much faster and bitcoin is very profitable for anyone and bitcoin also growing my money very fast.

The days are gone when you used to make fast money from bitcoins, price is stable since long time and I don't think it will pump hugely in next couple of months but you can make quick money if you are trading altcoins.

Way back 2013? Am i right? That time is really a huge pump of bitcoin price! And im hoping wiith it in halving day but it doesnt happen! I agree that bitcoin price is a sort of very stable it will pump but to low and also dump but to low unlike in past few years.

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Quote from: Chennai on October 09, 2016, 05:39:28 AM

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, so it is more convenient for the customer to do online transaction for any purpose.

Transaction fees are irrelevant this days for example there are no transaction fees being paid by paypal users which are buyers, 0% interest rate on loans. Because they see an increase in price would be displeasing to customers now right now there is barely any transaction fees in any part of a sale. And I suggest that be careful in online transactios with bitcoin as it is untraceable .

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Quote from: 23dzmaz on October 09, 2016, 05:47:26 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.

23dzmaz

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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.

Chennai

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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, so it is more convenient for the customer to do online transaction for any purpose.

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Quote from: KingdomHearts on October 08, 2016, 05:52:19 AM

Quote from: kampretosChoalathos on October 04, 2016, 03:37:57 AM

I think use bitcoin
because with bitcoin is very fast grow my money

yeah you are right that bitcoin growing our money too much faster because people invest their money in bitcoin ,bitcoin increasing its price too much faster and bitcoin is very profitable for anyone and bitcoin also growing my money very fast.

The days are gone when you used to make fast money from bitcoins, price is stable since long time and I don't think it will pump hugely in next couple of months but you can make quick money if you are trading altcoins.

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Quote from: bearex on November 21, 2015, 04:15:28 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?

Maybe because they love it of course, and they enjoyed it too. In fact, anybody who will discover the benefits and advantage of bitcoins will really love it so much.

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Quote from: kampretosChoalathos on October 04, 2016, 03:37:57 AM

I think use bitcoin
because with bitcoin is very fast grow my money

yeah you are right that bitcoin growing our money too much faster because people invest their money in bitcoin ,bitcoin increasing its price too much faster and bitcoin is very profitable for anyone and bitcoin also growing my money very fast.

dearbesz1219

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Quote from: Positid on October 04, 2016, 06:42:09 AM

Quote from: greBit on October 04, 2016, 06:19:14 AM

Bitcoin is an best investment to have and we can make money only by simply holding them without doing anything with, so if people wants to make good profits in future then they should surely start using bitcoins.

I agree that it is the best investment so far but I cannot ensure that we will make money holding bitcoins in the long run, it all depends on the market performance and we have witness in the past that the price might also drop big time, so it is just a matter of trust if you hold in the future and hope you will not panic.

I know how you feel and I knew what mean also. But the price value that we had it now in bitcoin is very stable and nothing to worry about it. It is because many investors are more coming in and users of bitcoin is increasing too.

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Quote from: crossabdd on October 07, 2016, 10:21:42 PM

Quote from: kampretosChoalathos on October 04, 2016, 03:37:57 AM

I think use bitcoin
because with bitcoin is very fast grow my money

the growing money of bitcoin is not for customer, but it's the profit for seller.
i thnk the profit for customer is lowest fee than other payment processor, we know other payment processor like paypal, payeer take highest fee, at this case bitcoin is the winner of competition

You are definitely correct, bitcoin is leading when it comes to fee's low of charge in every transaction. And very fast compare to any other payment processor.

dearbesz1219

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Quote from: bearex on November 21, 2015, 04:15:28 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?

Customers used bitcoin for so easy to use, very convenient, it has a low charge transaction, very secured and safe also. People can also make savings in the future through bitcoin.

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Quote from: Indrawan77 on October 07, 2016, 10:08:36 PM

Quote from: hawkins on October 04, 2016, 05:02:03 PM

Quote from: kampretosChoalathos on October 04, 2016, 03:37:57 AM

I think use bitcoin
because with bitcoin is very fast grow my money

you're right, but transactions quickly and reliably with a very small fee, I think that is reason enough to let customers use bitcoin. on the other hand, the price of bitcoin is also always increasing, so it can make people keep it in a long time has the advantage without doing anything.

There are a lot of reasons for a customer to used bitcoin, it can be used as currency and can be used as investment, but i don't agree the transaction is fast, sometimes the transaction can takes up to few hours, if this can be handled then bitcoin will be perfect for customers

When it comes to money transfers the transactions are much faster and it will also credit money in your bank account instantly and with lowest fees and that is quiet cheaper in compare to other payment methods.

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Quote from: oser41eric on October 07, 2016, 11:18:08 PM

because more bitcoiner willl promote your store

That could also help in promoting bitcoin as well as when people notice that your store accepts bitcoin they might find it interesting and will make the right research to adopt with bitcoin, you are helping the bitcoin community to spread the news and increase the market circulation which is good.

oser41eric

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because more bitcoiner willl promote your store

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Quote from: kampretosChoalathos on October 04, 2016, 03:37:57 AM

I think use bitcoin
because with bitcoin is very fast grow my money

the growing money of bitcoin is not for customer, but it's the profit for seller.
i thnk the profit for customer is lowest fee than other payment processor, we know other payment processor like paypal, payeer take highest fee, at this case bitcoin is the winner of competition

Topic: Why would customers use Bitcoins? - page 22. (Read 133913 times)