Why would customers use Bitcoins? - page 60.

Koamder

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Quote from: pinkpanther03 on June 20, 2016, 12:29:40 PM

customers use Bitcoins because they can figure out that this things might be their answer to their savings and other
benifits of it.

I do not see a retailer charge less for using the bitcoin even though they pay less transaction fees. but I do not mind.

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customers use Bitcoins because they can figure out that this things might be their answer to their savings and other
benifits of it.

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Quote from: goinmerry on June 16, 2016, 12:00:48 AM

Quote from: Legasean on June 15, 2016, 09:31:32 PM

They should use it because its anonymous and very secure, another thing is that its untraceable and that is also nice if you are buying something that is not 100% legit in my eyes.

Why would people want something that is untraceable? Is it because of the illegal act that we are going to do? Bitcoin can give that. But what about the legal way. I think they should use it because it is a good investment and the low transaction fee.

No people like bitcoin not because they use it for their illegal activities, but they use it for their earning and efficiency and convenience, which is not easily available in any other currency. and the other point is that bitcoin is not untraceable one can trace one person by their address transactions, and the exchangers etc know all the info about the user.

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No, Big Companies Aren’t Really Accepting Bitcoin

Quote

Businesses like Microsoft, Dell, and Expedia say they accept bitcoin as payment. But that's not quite accurate.

Well, there’s just one problem here: Almost none of the businesses mentioned above technically accept bitcoin. Instead, they partner with a middleman—generally either Coinbase or BitPay—who takes a customer’s bitcoin, immediately converts it into cash, and then deposits the cash in the company’s bank account.

http://time.com/money/3658361/dell-microsoft-expedia-bitcoin/

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Quote from: zodin on June 17, 2016, 07:41:44 AM

Quote from: ning_chang on June 16, 2016, 12:27:42 AM

Customer should use bitcoin cause it is more safe than creditcards. Credit card credential can be steal at onlinr shops you buy. And bitcoin has a less transaction fees

the customer can easily do shopping everwhere. they can also use it for buying good online without doing any exchange of their flat currency. its no need to carry from one place to another.

Even though there are still few stores that are accepting bitcoins as a method of payment. But for sure in the near future they are going to consider
accepting of bitcoins as a way of payment so customers really need to use bitcoin.

If people find it easy and convenient then they will surely start using it , but the fact is it will still take time to get accepted everywhere.

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Quote from: Hashminers on June 16, 2016, 01:34:44 AM

I don't have used credit card before but have used paypal for decades. So i know bitcoin can easily replace paypal as paypal make lots of restrictions on transaction especially with large volume and a huge fee for small transaction.
Why to get restricted to use own money, that's why customers and even merchants will love to accept bitcoin irreversible and unrestricted transactions.

If you have access to decent banking and have cards etc then I don't think Bitcoin offers any benefit. It's hard to buy, hard to secure and volatile.
You have to supply details if you're ordering a physical item anyway. As for fraud the card company should take care of that.

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Quote from: ning_chang on June 16, 2016, 12:27:42 AM

Customer should use bitcoin cause it is more safe than creditcards. Credit card credential can be steal at onlinr shops you buy. And bitcoin has a less transaction fees

the customer can easily do shopping everwhere. they can also use it for buying good online without doing any exchange of their flat currency. its no need to carry from one place to another.

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I don't have used credit card before but have used paypal for decades. So i know bitcoin can easily replace paypal as paypal make lots of restrictions on transaction especially with large volume and a huge fee for small transaction.
Why to get restricted to use own money, that's why customers and even merchants will love to accept bitcoin irreversible and unrestricted transactions.

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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?

Hi bearex, you have a very good point. Why would people use bitcoins in buying something if they have to pay 4 cent fee rather than using a credit card which has no fee at all. I guess it is simply not all people can have a credit card you know. Having a credit card has a long process and not an easy thing too achieve. They are requiring a lot of requirements.

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cause its more easier than any kind of transaction especially on internet less consuming of acts and efforts.

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Customer should use bitcoin cause it is more safe than creditcards. Credit card credential can be steal at onlinr shops you buy. And bitcoin has a less transaction fees

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Quote from: Legasean on June 15, 2016, 09:31:32 PM

They should use it because its anonymous and very secure, another thing is that its untraceable and that is also nice if you are buying something that is not 100% legit in my eyes.

Why would people want something that is untraceable? Is it because of the illegal act that we are going to do? Bitcoin can give that. But what about the legal way. I think they should use it because it is a good investment and the low transaction fee.

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because more bitcoiner willl promote your store

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They should use it because its anonymous and very secure, another thing is that its untraceable and that is also nice if you are buying something that is not 100% legit in my eyes.

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Quote from: Superbitzz on June 15, 2016, 03:43:54 PM

because it is a global currency. and people can do shopping in any area of the world. it need no trasection of local money into dollar or to any other currency. that is why people will like to use bitcoin.

Yes, it is one of the reason why customers would use bitcoin, because it is a global currency and most of the countries can use it. There is no restriction,
even bitcoin is prohibited in your country, but you can still use bitcoin. And in the future for sure, you can send payments easily to someone that you want.

Bitcoin is good for money transfers but I don't agree that we can use it anywhere to buy anything, I don't see a single shop where I can use it.

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Quote from: Superbitzz on June 15, 2016, 03:43:54 PM

because it is a global currency. and people can do shopping in any area of the world. it need no trasection of local money into dollar or to any other currency. that is why people will like to use bitcoin.

Shopping in every part of the world? That's possible if you have a Bitcoin related credit card where you deposit Bitcoins to make your card have a balance. Other than that I can't think of a way where you can pay with Bitcoin in every part of the world.

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Quote from: goinmerry on June 14, 2016, 12:19:05 AM

Quote from: MichealKnightrider on June 13, 2016, 11:33:09 PM

Bitcoin is still not that stable compared to gold, and it is going to take a while before the price stabilizes,
the reason is the small number of bitcoin users and transactions.
It is not yet at the level in which it can be trusted as a stable currency, which favors those who are into trading, as the price can swing wildly in a matter of days.

Yeah a lot of winners now in the trading industry in this currency. Just a little swing can make all the difference for they got a large number of bitcoin in their hands. If you will include altcoin then they can manage to get $100 dollars a day.

That unstable price of bitcoin also give one chance to get so many profits from trading activities. I agree with you about can take 100 dollars profit every one day but it should have big capital too.
Even few days ago my friend trade and hold bitcoin around 14 more BTC after the price growing up highly he got more than 1000 dollars profit in a day . I wonder it.

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You can make a lot of Bitcoin if you are decent in terms of programming skills, a lot of developers wan to hire extra coders for their projects and a lot are already paying with Bitcoin for your work.
So this is an area that will only get better if you want to make more money than what a signature campaign (for example) could earn you.

Superbitzz

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because it is a global currency. and people can do shopping in any area of the world. it need no trasection of local money into dollar or to any other currency. that is why people will like to use bitcoin.

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Quote from: MichealKnightrider on June 13, 2016, 11:33:09 PM

Bitcoin is still not that stable compared to gold, and it is going to take a while before the price stabilizes,
the reason is the small number of bitcoin users and transactions.
It is not yet at the level in which it can be trusted as a stable currency, which favors those who are into trading, as the price can swing wildly in a matter of days.

Yeah a lot of winners now in the trading industry in this currency. Just a little swing can make all the difference for they got a large number of bitcoin in their hands. If you will include altcoin then they can manage to get $100 dollars a day.

Topic: Why would customers use Bitcoins? - page 60. (Read 133913 times)