Why would customers use Bitcoins? - page 34.

asriloni

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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

tygeade

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Quote from: freedomgo on September 10, 2016, 09:19:08 AM

Quote from: chaosknight on September 10, 2016, 06:36:59 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

Yeah we need to wait longer to use in grocery store to buy daily stuffs, and even if it takes long time people should by happy that they are able to use it online.

As we are going into the digital world and bitcoin is getting more popular, time will come that stores will be accepting bitcoin, they will surely see it as an opportunity to increase their income as they can fast track their services and minimize on the expense on the labor cost, everything will be automated that time.

Yeah it would be done in future for sure, but till then I think we should keep on saving our coins to get higher benefits in future or sell them to fiat if you are satisfied with the price.

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Quote from: chaosknight on September 10, 2016, 06:36:59 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

Yeah we need to wait longer to use in grocery store to buy daily stuffs, and even if it takes long time people should by happy that they are able to use it online.

As we are going into the digital world and bitcoin is getting more popular, time will come that stores will be accepting bitcoin, they will surely see it as an opportunity to increase their income as they can fast track their services and minimize on the expense on the labor cost, everything will be automated that time.

chaosknight

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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

Yeah we need to wait longer to use in grocery store to buy daily stuffs, and even if it takes long time people should by happy that they are able to use it online.

machinek20

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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

pakitz

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theyd love to use btc for they cant be known specially when purchasing online.. u dont have to fill in ur personal details and etc..

pinkpanther03

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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?

If you/we are using bitcoins, we are called Wise customer actually, why? because it is very secured and very safe. We cannot find other currency in the other country where you can use it any where we go, that also accepting in online, banks, and money transferring and that is only can be found in Bitcoin. that's the reason why bit-coiners using it.

mantra

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Quote from: dmarine on September 09, 2016, 09:38:17 PM

Bitcoin is decentralized and open source digital currency , with low fee of transactions compared with the other currencies and fiat. In brief, it's having so powerful features making it a lot better than other currencies.

and still anonymous make me better

dmarine

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Bitcoin is decentralized and open source digital currency , with low fee of transactions compared with the other currencies and fiat. In brief, it's having so powerful features making it a lot better than other currencies.

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The store owner has to pay a credit card fee of around 3% to allow customers to use credit cards. If the store owner would pay the 3 cents for a bitcoin purchase rather than 3% for a credit card purchase then they come out ahead.

Carlsen

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A customer uses a certain payment method if he has an advantage from it.
In case of bitcoin that can be anonymity. But it needs not to be that necessarily.
Maybe some kind of bonus can be introduced when a payment with bitcoins is made.
A few extra rounds when you play at a casino, for example.

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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?

Because there is no age restriction as to who can use bitcoin. As long as someone understands how it works then he can use, pay, buy or sell bitcoin. The good thing is that he can do it freely because there are no supporting documents when he open a wallet whereas compared to banks he cannot open an account if he has no valid ID. Even in sending money, he can do it anywhere with a lesser fee and when using fiat, he needs to go to banks or money exchanges which will take up his time while in using bitcoin wallet it may only take up to 30 minutes confirmation time.

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Quote from: ironm@n on September 09, 2016, 11:11:02 AM

Bitcoin has the advantage of low transaction fees, simple and easy to use, just bring your mobile phone, you can make transactions. That's why it should be used by more customers.

Not all knows about the advantages of using bitcoins, but its our responsibility to make aware people around us who are not familiar to bitcoin yet and it may help in increasing the adoption level.

ironm@n

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Bitcoin has the advantage of low transaction fees, simple and easy to use, just bring your mobile phone, you can make transactions. That's why it should be used by more customers.

agustina2

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Quote from: eternalgloom on September 09, 2016, 08:53:46 AM

Quote from: agustina2 on September 09, 2016, 08:46:56 AM

Quote from: Corenin on September 09, 2016, 08:12:23 AM

Quote from: ?? on ??

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.

Well this is all about convenience and I agree with you if the people are just going to use bitcoin then that is going to have an easy transaction if they are going to use it. And base on my experience this is really a good way to invest at all if you don't want to do some efforts then you can just leave your bitcoin to your wallet address and grow itself.

I don't think that groceries will start accepting bitcoin as a payment method especially in poor countries where grocery owners are illiterate and have no idea of how to handle new technology.

Even they have the ability of handling the new technology, it will depend on the people on that country.

Like you said a poor one, so meaning they didn't have much access to digital currency so still they will hug the usual way of money transaction in that place.

I wouldn't automatically assume that just because someone is poor, that they are unable to understand Bitcoin.
You could even argue that poor people have more incentive to learn about Bitcoin and poor people are often more resourceful.

And in countries where the daily income is less than one dollar, even small earnings over the internet could make a huge difference, if they can get a cheap device and internet.

Understand is not the thing. Even they understand it how will they use it? Do you think local exchangers will opened services in those poor countries if they see that country as no such interaction in the world of bitcoin?

Most of the poor country has poor internet connection so even how bright those people there about bitcoin, they can't used it properly. People in poor countries has a thinking that they will save money as soon as they can. Only few will dare to make spendings in internet and devices to be used just to use bitcoin. And even they already have such thing, exchanging it to fiat will goes a hard way.

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Quote from: Noctis Connor on September 09, 2016, 08:55:49 AM

Quote from: gilangIDR on August 29, 2016, 08:50:06 AM

Quote from: d-leit on August 29, 2016, 04:22:19 AM

privacy is the main reason. corporations can not steal/sell your private data if customers are not giving them the private data. giving the data is not necessity with bitcoin.

so true . with bitcoin we can maintain privacy. with more guaranteed finance will make bitcoin more secure when we can do it.

yeah bitcoin is the best payment method for me because if hacker, hacked the online website they can't get any information about you because bitcoin will keep your privacy secret and no one will know who you are , and i think some companies are using bitcoin now and thats the goods news iread.

This is one of the great thing with bitcoin. Even if the hacke is able to hack the site system, the identity of the client who is using bitcoin as mode of their transaction is kept secret. Another reason is that when they use or hold bitcoin, unlike fiat money, there is an opportunity bundled with it.

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Quote from: agustina2 on September 09, 2016, 08:10:33 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.

Well it's just like credit cards where you will swipe it. If that is the case then I will still use my credit cards over bitcoin to make such payment groceries. And if my cc's aren't available, will use my fiat.

But in the case that I don't have anything then I will use my bitcoin as last option but as much as I can I won't use it since I care for bitcoin price.

Yeah even I will think of using fiat and credit card and keep my bitcoins intact for the future as it will be more valuable in future so will prefer to hold as much as I can.

Noctis Connor

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Quote from: gilangIDR on August 29, 2016, 08:50:06 AM

Quote from: d-leit on August 29, 2016, 04:22:19 AM

privacy is the main reason. corporations can not steal/sell your private data if customers are not giving them the private data. giving the data is not necessity with bitcoin.

so true . with bitcoin we can maintain privacy. with more guaranteed finance will make bitcoin more secure when we can do it.

yeah bitcoin is the best payment method for me because if hacker, hacked the online website they can't get any information about you because bitcoin will keep your privacy secret and no one will know who you are , and i think some companies are using bitcoin now and thats the goods news iread.

eternalgloom

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Quote from: agustina2 on September 09, 2016, 08:46:56 AM

Quote from: Corenin on September 09, 2016, 08:12:23 AM

Quote from: ?? on ??

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.

Well this is all about convenience and I agree with you if the people are just going to use bitcoin then that is going to have an easy transaction if they are going to use it. And base on my experience this is really a good way to invest at all if you don't want to do some efforts then you can just leave your bitcoin to your wallet address and grow itself.

I don't think that groceries will start accepting bitcoin as a payment method especially in poor countries where grocery owners are illiterate and have no idea of how to handle new technology.

Even they have the ability of handling the new technology, it will depend on the people on that country.

Like you said a poor one, so meaning they didn't have much access to digital currency so still they will hug the usual way of money transaction in that place.

I wouldn't automatically assume that just because someone is poor, that they are unable to understand Bitcoin.
You could even argue that poor people have more incentive to learn about Bitcoin and poor people are often more resourceful.

And in countries where the daily income is less than one dollar, even small earnings over the internet could make a huge difference, if they can get a cheap device and internet.

agustina2

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Quote from: Corenin on September 09, 2016, 08:12:23 AM

Quote from: ?? on ??

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.

Well this is all about convenience and I agree with you if the people are just going to use bitcoin then that is going to have an easy transaction if they are going to use it. And base on my experience this is really a good way to invest at all if you don't want to do some efforts then you can just leave your bitcoin to your wallet address and grow itself.

I don't think that groceries will start accepting bitcoin as a payment method especially in poor countries where grocery owners are illiterate and have no idea of how to handle new technology.

Even they have the ability of handling the new technology, it will depend on the people on that country.

Like you said a poor one, so meaning they didn't have much access to digital currency so still they will hug the usual way of money transaction in that place.

Topic: Why would customers use Bitcoins? - page 34. (Read 133913 times)