Why would customers use Bitcoins? - page 28.

crairezx20

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Quote from: Nowl1935 on September 26, 2016, 12:18:33 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?

I considered myself as a bitcoin consumer because im one of them using bitcoin. The main reason why consumer use bitcoin, its because they love it. They like the very convenient and easy way to send/recieve money from one another. They know that it has a benefits that brought into their life.

Yeah we are all costumers and we are lucky that we found bitcoin since the payment for transaction is low fee unlike you deal in paypal the fee is high.
unlike before that you can transact as gift in paypal now you can't unless if the receiver is nearly to you..

greBit

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Quote from: Nowl1935 on September 26, 2016, 12:18:33 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?

I considered myself as a bitcoin consumer because im one of them using bitcoin. The main reason why consumer use bitcoin, its because they love it. They like the very convenient and easy way to send/recieve money from one another. They know that it has a benefits that brought into their life.

Yeah and when people will be aware that how easy and cheap is to transfer money with bitcoins across the globe I am sure many people will switch to bitcoins from other payment methods.

Nowl1935

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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?

I considered myself as a bitcoin consumer because im one of them using bitcoin. The main reason why consumer use bitcoin, its because they love it. They like the very convenient and easy way to send/recieve money from one another. They know that it has a benefits that brought into their life.

torrentheaven

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Quote from: Newcoins2020 on September 22, 2016, 03:24:41 AM

Quote from: greBit on July 04, 2016, 06:52:54 PM

They can use it as a currency or also as an investment for the future, bitcoin is also good for online shopping and money transfers, there are many advantages attached with bitcoin.

Indeed they don't just have to treat it like boring fiat there's alot you can do with bitcoin and they would be interested in those things perhaps aswell.
Besides that bitcoins are free fee and pretty fast once the infrastructure is completely finished. It has tons of benefits.

Yes and once people become aware about the features of bitcoins, I am sure they will not use any other payment methods as bitcoin transactions involves very minimum fees.

jonahmarieaton101

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It is more convenient to use in terms of transactions and earning some extra income.

Would you mind if you share your opinion?

Newcoins2020

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Quote from: greBit on July 04, 2016, 06:52:54 PM

They can use it as a currency or also as an investment for the future, bitcoin is also good for online shopping and money transfers, there are many advantages attached with bitcoin.

Indeed they don't just have to treat it like boring fiat there's alot you can do with bitcoin and they would be interested in those things perhaps aswell.
Besides that bitcoins are free fee and pretty fast once the infrastructure is completely finished. It has tons of benefits.

Carmen_Sandiego

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I think using bitcoin as a form of payment would be the right thing to do, because this is one of the few decentralized options and an efficient way, which can be applied on different platforms and forms of services.

traderethereum

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i think its a few customer that use bitcoins, because they are really don't know about bitcoin. and if customer that you mean is us, then i would say that we use bitcoin because we know that bitcoin is like an investment, and we can make real money with bitcoin. beside that, we can use bitcoin to send and receive in short of time.

beside that, we can buy something by online with bitcoin as our payment. bitcoin can make our life simple.

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Quote from: ObscureBean on September 22, 2016, 01:01:13 AM

Quote from: CloudStrife on September 21, 2016, 07:42:31 PM

I think bitcoin is recommended for people looking for a better alternative to store or transfer money safely and quickly. If that is what customers are looking for, I think they would not be disappointed using btcs.

I agree that Bitcoin is the better alternative if you want to transfer money safely and most of the times it is faster too since international wire transfers usually take longer than a day. However I don't agree that it is the better alternative when it comes to storing your money, the price simply fluctuates too much. I would rather store my money in gold instead of Bitcoin for the long term.

I cannot argue with you with the fact that it is not better alternative for storing money simply because its price is unstable. But if the price goes up then it is a good thing.

And yes it is indeed a good way to transfer money because it always takes a little time transferring one fund to another. It is always do feel good that you could transfer bitcoin in just a click. No more inputting of so many numbers and personal details.

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Quote from: agamasrori on September 22, 2016, 12:04:49 AM

Quote from: CloudStrife on September 21, 2016, 07:42:31 PM

I think bitcoin is recommended for people looking for a better alternative to store or transfer money safely and quickly. If that is what customers are looking for, I think they would not be disappointed using btcs.

Yeah I am agree with you friend. I think costumer will be absolutely helped by bitcoin in that case. So many people wanna get some lower fee to store their money. I think bitcoin can be the best currency for the costumers. Bitcoin can be used by someone that want a anonimously transaction.

that's will make attraction informing customer that they can used btc for anonymous transaction it just needed more exposure it is also served as easy ways to transact with low fee and fast and secure feature after all if we can explain the benefits the way we understand it for sure they will embraced the system too.

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Quote from: CloudStrife on September 21, 2016, 07:42:31 PM

I think bitcoin is recommended for people looking for a better alternative to store or transfer money safely and quickly. If that is what customers are looking for, I think they would not be disappointed using btcs.

I agree that Bitcoin is the better alternative if you want to transfer money safely and most of the times it is faster too since international wire transfers usually take longer than a day. However I don't agree that it is the better alternative when it comes to storing your money, the price simply fluctuates too much. I would rather store my money in gold instead of Bitcoin for the long term.

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Quote from: hua_hui on September 21, 2016, 09:53:31 PM

Bitcoin does have it advantage. It is irreversible trade so i am happy as a seller cause in paypal or ebay or even in local bank, the buyer can chargeback the amount and some places are buyer protection that means you have a very high chance of losing when the dispute arises.

Thank God that didnt happen to me before switching here. That could have been a mess. I dont want to lose some of my incomes just because of a doubtful buyer.
Here it is all about trust when you sell something cause there is no getting it back.

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Quote from: CloudStrife on September 21, 2016, 07:42:31 PM

I think bitcoin is recommended for people looking for a better alternative to store or transfer money safely and quickly. If that is what customers are looking for, I think they would not be disappointed using btcs.

Yup, it is correct, But if the price of Bitcoin is stable, then this method is ok. Suddenly the price goes down means what they will do. I think this is a big loss for customers right. For Less time transaction Bitcoin is ok. If it's long-term transaction, i believe that it is risk.

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Quote from: CloudStrife on September 21, 2016, 07:42:31 PM

I think bitcoin is recommended for people looking for a better alternative to store or transfer money safely and quickly. If that is what customers are looking for, I think they would not be disappointed using btcs.

Yeah I am agree with you friend. I think costumer will be absolutely helped by bitcoin in that case. So many people wanna get some lower fee to store their money. I think bitcoin can be the best currency for the costumers. Bitcoin can be used by someone that want a anonimously transaction.

hua_hui

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Bitcoin does have it advantage. It is irreversible trade so i am happy as a seller cause in paypal or ebay or even in local bank, the buyer can chargeback the amount and some places are buyer protection that means you have a very high chance of losing when the dispute arises.

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Quote from: CloudStrife on September 21, 2016, 07:42:31 PM

I think bitcoin is recommended for people looking for a better alternative to store or transfer money safely and quickly. If that is what customers are looking for, I think they would not be disappointed using btcs.

Storage. Yes that is one of the most reason. I would also prefer to have it stored through bitcoin because of the high chance of doubling it in a year. This feat of bitcoin will surely make more customers attracted to investing or just storing it in a wallet.

CloudStrife

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Quote from: bestluck on September 15, 2016, 05:53:42 PM

Quote from: fatima zuhra on September 15, 2016, 11:00:06 AM

customer will use bitcoin instead of fiat currency because it will be more convinient and easy to sue, one will no need to carry it in wallet and also need no bank account you just need a online wallet where you can store your bitcoin and can also use it in every part of the word having same value every where.

the best point is that with bitcoin we will not need a bank account, so with that the seller will also not need any bank account and he will not pay high fees to the banks for maintaining their money and the seller will not have to pay any extra tax to the government.

This is a good observation, because using Bitcoin the user can be his own bank, and this is certainly not the only benefit...

I think bitcoin is recommended for people looking for a better alternative to store or transfer money safely and quickly. If that is what customers are looking for, I think they would not be disappointed using btcs.

ironm@n

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These are different reasons... some of the main reasons, in my opinion, are ease of use and the low fee, that has the potential to attract even more merchants and customers.

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Quote from: 1Referee on September 16, 2016, 05:44:40 AM

Quote from: Schuyler on September 16, 2016, 05:29:39 AM

If bitcoin becomes the medium for the most convenient and hassle-free way of transacting, there is no doubt it is going to be preferred by most of the people. We are heading towards a digital age and there's no turning back from that. Sooner or later, most transactions would be done online, and the one that will come out on top will be the currency that gives the most benefit to most users.

Bitcoin is already that. What needs to change is that people need to treat Bitcoin more as an actual currency instead of only for investment purposes. The moment we achieve that, every business in whatever part of the economy will be more likely to accept Bitcoin as form of payment. And that again might even trigger average joe's to jump into Bitcoin.

Merchants preferred the stable price of any currency that's why we haven't seen much of them that accepts bitcoin as their optional payment method. Price volatility is the main reason why they aren't accepting it or should I say that thing is not their priority at the moment.

As soon there are more people who are treating bitcoin mostly in investment, the progress of having such lots of merchants that will accepts bitcoin will really goes in a slow process.

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Quote from: Rostadom on September 16, 2016, 06:50:27 AM

Because there's a chance that what they put in Bitcoins will have a higher value in the future. You don't have to force or even convince the customers to use Bitcoins. If they were interested in it from the start, then they should have done deep research about it in the first place. Just introduce Bitcoin to them and tell the basics of Bitcoin, they should continue their journey from there. Don't spoon feed them, because if you had to, that means they don't belong in this community.

We need to give proper knowledge about bitcoin to draw customer's interest, so only basic wont be enough, its like we are introducing a new item to stranger, we need to be persuasive in order to expand bitcoin community, the bigger community the better value bitcoin become

Topic: Why would customers use Bitcoins? - page 28. (Read 133905 times)