Why would customers use Bitcoins? - page 33.

bravehearth0319

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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?

What do you mean by Customer? Is it A bitcoin user already or a people who does not yet know about bitcoin? Because if you are asking for a bitcoin user these are the people who are a bitcoin enthusiast, and they are already a wise customer already.

JumperX

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Quote from: Carmen_Sandiego on September 11, 2016, 03:05:53 AM

I think bitcoin gives people opportunity to make some good money in the long run, and also in the short term. As the price keeps on fluctuating , the amount that you hold now can be doubled in the next few years , no other currency provides this possibility.

Exactly, and the best thing about it is that you can earn it in different ways if you multiply your source of earning then it will also multiply your outcome in terms of bitcoins.

lionheart78

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Quote from: Carmen_Sandiego on September 11, 2016, 03:05:53 AM

I think bitcoin gives people opportunity to make some good money in the long run, and also in the short term. As the price keeps on fluctuating , the amount that you hold now can be doubled in the next few years , no other currency provides this possibility.

I agree, bitcoin gives opportunity to people to earn from their holdings. They have currency and investment packaged in bitcoin. Bitcoin also enable customers to venture in a different horizon where lots of opportunity is everywhere. Aside from security and fast transaction, bitcoin enable customer to meet new people and venture for a possible profit generating business.

Carmen_Sandiego

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I think bitcoin gives people opportunity to make some good money in the long run, and also in the short term. As the price keeps on fluctuating , the amount that you hold now can be doubled in the next few years , no other currency provides this possibility.

chaosknight

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Quote from: ajun96 on November 21, 2015, 07:53:16 PM

This is awesome money you can trading, purchase, gambling, invested, and many other just with bitcoin
cutomers must use bitcoin

Yes there are many advantages of using bitcoins, so you cannot point a single benefit of it as it is benefiting its users in multiple ways, for me its an best investment for future.

Senor.Bla

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Quote from: BitcoinPanther on September 11, 2016, 12:04:54 AM

I think customers should use bitcoin because it is the trend Cheesy

. Bitcoin have fast transaction but very slow confirmation. Security is very high unless there is a hole on the sites security. You can earn a profit by simply holding bitcoin or lost it's value if you spend it in its downtrend price. Bitcoin offers the users a chance to earn profit and a new set of opportunities.

bitcoin is not a trend. to small yet. the security is good enough, but you have to know more to be secure if you compare bitcoin to other money services. bitcoin as investment and earning opportunity is right now more an side effect than something you want in daily used money.
and i am just saying this to show where we need to improve!

BitcoinPanther

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I think customers should use bitcoin because it is the trend Cheesy

. Bitcoin have fast transaction but very slow confirmation. Security is very high unless there is a hole on the sites security. You can earn a profit by simply holding bitcoin or lost it's value if you spend it in its downtrend price. Bitcoin offers the users a chance to earn profit and a new set of opportunities.

goinmerry

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Quote from: richardsNY on September 10, 2016, 01:53:20 PM

Quote from: DimidoffVany on September 10, 2016, 01:36:42 PM

Bitcoin my opinion is the currency which is used only because everyone expects that the price of bitcoin will soar on higher orders and will earn a lot of money. But this is boring and not sure what secret happiness happens to many.

Many people see it more as an investment option rather than a currency, that's right. But a lot people also use it as a currency tool to send and receive transactions, buy things, etc. Important to know is that there aren't many places where you can spend your coins for your daily needs. If that at some point will change, then people are much more willing to spend their coins.

The truth is more to an investment really. Just a little percentage of users that buys thru online shops. We could see that with every transaction of that shop. I would rather do that too. For now, it is growing like crazy. That is why they are keeping it too.

richardsNY

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Quote from: DimidoffVany on September 10, 2016, 01:36:42 PM

Bitcoin my opinion is the currency which is used only because everyone expects that the price of bitcoin will soar on higher orders and will earn a lot of money. But this is boring and not sure what secret happiness happens to many.

Many people see it more as an investment option rather than a currency, that's right. But a lot people also use it as a currency tool to send and receive transactions, buy things, etc. Important to know is that there aren't many places where you can spend your coins for your daily needs. If that at some point will change, then people are much more willing to spend their coins.

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Quote from: Senor.Bla on September 10, 2016, 01:45:24 PM

Quote from: DimidoffVany on September 10, 2016, 01:36:42 PM

Bitcoin my opinion is the currency which is used only because everyone expects that the price of bitcoin will soar on higher orders and will earn a lot of money. But this is boring and not sure what secret happiness happens to many.

i would disagree. i will give you that a lot of the transactions happen because people invest in bitcoin or trade altcoin, but other than that many use it because they believe in it. and by that i mean firstly they believe in the aspect that you can control it. but we need more opportunities to spend bitcoin.

Yeah spending bitcoin is more opportunities . just like mine my investment bitcoin i use some of them to buy domains and start hosting it that i can get more profit if i am lucky that my site are popular.

Senor.Bla

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Quote from: DimidoffVany on September 10, 2016, 01:36:42 PM

Bitcoin my opinion is the currency which is used only because everyone expects that the price of bitcoin will soar on higher orders and will earn a lot of money. But this is boring and not sure what secret happiness happens to many.

i would disagree. i will give you that a lot of the transactions happen because people invest in bitcoin or trade altcoin, but other than that many use it because they believe in it. and by that i mean firstly they believe in the aspect that you can control it. but we need more opportunities to spend bitcoin.

DimidoffVany

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Bitcoin my opinion is the currency which is used only because everyone expects that the price of bitcoin will soar on higher orders and will earn a lot of money. But this is boring and not sure what secret happiness happens to many.

noictib

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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?

i think in bitcoin payment we get the surity of privacy that how much money ( in btc ) we have . which is the beauty of the bitcoin .
since in case of credit card or debit card there is always remain a chance to steal your detail by carder .
so many of person of the world likes btc payment .

Noctis Connor

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Quote from: wikenpp on September 10, 2016, 11:58:07 AM

At this point we need more shops that accept bitcoin directly, Consumers don't like a hassle and using third parties to buy goods is not convenient. If this happen consumers will use it to buy for their stuff. Because bitcoin may seem complicated in fact it is not and apart from the fees it is the best possible way to pay for your goods.

Yes thats right at this point many people now are using bitcoin as currency and bitcoin will be rose someday and if that happens that bitcoin will become a payment method then all people are going to celebrate with their love teams people should choose bitcoin than credit card

peta4e

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Quote from: wikenpp on September 10, 2016, 11:58:07 AM

At this point we need more shops that accept bitcoin directly, Consumers don't like a hassle and using third parties to buy goods is not convenient. If this happen consumers will use it to buy for their stuff. Because bitcoin may seem complicated in fact it is not and apart from the fees it is the best possible way to pay for your goods.

yes but people who are not aware about bitcoins will surely find it complicated at initial stage but over a period of time they will come to know that it is very easy to use and best payment method.

wikenpp

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At this point we need more shops that accept bitcoin directly, Consumers don't like a hassle and using third parties to buy goods is not convenient. If this happen consumers will use it to buy for their stuff. Because bitcoin may seem complicated in fact it is not and apart from the fees it is the best possible way to pay for your goods.

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Quote from: susila_bai on September 10, 2016, 09:46:57 AM

Quote from: asriloni on September 10, 2016, 09:43:12 AM

Quote from: machinek20 on September 10, 2016, 06:17:40 AM

Quote from: Velkro on September 08, 2016, 09:10:25 PM

To bitcoin beign used as day to day payment method it should be very easy to pay for groceries with it.
So you just pull out your phone at payment point of shopping, click once on it and its done.

Thats how it should go.

Yes it is done, however the transaction speed is not as fast as you thought, so how can you get your things if your payment hasnt been confirmed, and then how would you know you will have enough bitcoin to buy your things since there are no price tag in bitcoin in every thing that you want to buy, so i think bitcoin not yet ready to be applied in grocery store

I would say that I agree with your point,bitcoin still lack of features for offline transaction,the confirmation is like a wall that make people really got hard time for doing offline transaction,who want to wait 30 minutes in front of merchant for only buying a milk,that's not funny at all

I think you are talking about not giving sufficient amount of transaction fees that is why it takes so much of time for confirmation, but If the merchant accepts the bitcoin payment on one confirmation then i think their wont be that much problem with using bitcoin for daily expenses.

using bitcoin for daily expenses is still not that much hard. if you use good transaction fee your payment will be done immediately.. some real bitcoin lovers in USA and Brazil adjusting their self with the slow transaction in their shops and food centers, because they truly want to help bitcoin to grow up.

chixka000

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Quote from: X-ray on September 04, 2016, 08:40:07 AM

Quote from: freedomgo on September 04, 2016, 06:22:21 AM

Quote from: bravehearth0319 on September 04, 2016, 06:19:04 AM

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?

I think the reason why the customers using it maybe some are they just want to experience the benefits of bitcoin, or some are for the investment, others are for savings and lastly they want to encounter those benefits of Bitcoin.

Bitcoin is easy because your money will not be at risk like what happen with credit card thief, your information is safe because it is decentralized. This days it is hard to trust people even the government that you would think it will its citizens.

the decentralized system have nothing to do with the security,with bitcoin all the security is depend on you,but with bank you'll get a guarantee from the bank that issueing credit card when you're losing your money due to hacked or what else,and as long you didn't break government's rule,it's okay to save on bank

In some ways you are correct but i think i would have to disagree with you. The decentralized system could really be a big help on us bitcoin users but this would varies on the support of each of the users and most of all from the government.

susila_bai

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Quote from: asriloni on September 10, 2016, 09:43:12 AM

Quote from: machinek20 on September 10, 2016, 06:17:40 AM

Quote from: Velkro on September 08, 2016, 09:10:25 PM

To bitcoin beign used as day to day payment method it should be very easy to pay for groceries with it.
So you just pull out your phone at payment point of shopping, click once on it and its done.

Thats how it should go.

Yes it is done, however the transaction speed is not as fast as you thought, so how can you get your things if your payment hasnt been confirmed, and then how would you know you will have enough bitcoin to buy your things since there are no price tag in bitcoin in every thing that you want to buy, so i think bitcoin not yet ready to be applied in grocery store

I would say that I agree with your point,bitcoin still lack of features for offline transaction,the confirmation is like a wall that make people really got hard time for doing offline transaction,who want to wait 30 minutes in front of merchant for only buying a milk,that's not funny at all

I think you are talking about not giving sufficient amount of transaction fees that is why it takes so much of time for confirmation, but If the merchant accepts the bitcoin payment on one confirmation then i think their wont be that much problem with using bitcoin for daily expenses.

Corenin

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Quote from: asriloni on September 10, 2016, 09:43:12 AM

Quote from: machinek20 on September 10, 2016, 06:17:40 AM

Quote from: Velkro on September 08, 2016, 09:10:25 PM

To bitcoin beign used as day to day payment method it should be very easy to pay for groceries with it.
So you just pull out your phone at payment point of shopping, click once on it and its done.

Thats how it should go.

Yes it is done, however the transaction speed is not as fast as you thought, so how can you get your things if your payment hasnt been confirmed, and then how would you know you will have enough bitcoin to buy your things since there are no price tag in bitcoin in every thing that you want to buy, so i think bitcoin not yet ready to be applied in grocery store

I would say that I agree with your point,bitcoin still lack of features for offline transaction,the confirmation is like a wall that make people really got hard time for doing offline transaction,who want to wait 30 minutes in front of merchant for only buying a milk,that's not funny at all

That can be resolved as merchants can give away the products after seeing incoming transaction to their wallet or after 1 confirmation and that will make things easier.

Topic: Why would customers use Bitcoins? - page 33. (Read 133913 times)