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Topic: Why would customers use Bitcoins? - page 64. (Read 133913 times)

sr. member
Activity: 420
Merit: 250
May 09, 2016, 08:31:47 PM
Easy to use and easy to transaction is the best reason why costumers use bitcoin. Because people want the transaction fast and the fee for each transaction is small too.
hero member
Activity: 504
Merit: 500
May 09, 2016, 05:32:28 PM
Well since people have worked pretty hard for it then the customers should be able to use bitcoin and bitcoin is much safer than dollar coins and pretty hard to hack.

Lol I think it bitcoin easier on thieves and dikes. I think now hold dollars will be safer in the appeal holds bitcoin that you know very volatile? so I think look for reasons other than secure?
hero member
Activity: 952
Merit: 1000
May 09, 2016, 04:26:47 PM
Well since people have worked pretty hard for it then the customers should be able to use bitcoin and bitcoin is much safer than dollar coins and pretty hard to hack.


Yes its really difficult to hack coins, and in fiat currency there is a chance that you might get robbed or someone steals your money but that is not the case with bitcoin as no one will be aware what number of coins you are holding in your digital wallet.
member
Activity: 84
Merit: 10
May 09, 2016, 03:55:04 PM
Well since people have worked pretty hard for it then the customers should be able to use bitcoin and bitcoin is much safer than dollar coins and pretty hard to hack.
full member
Activity: 145
Merit: 100
May 09, 2016, 03:36:53 PM
btc is gr8 for everything and it's "untraceable"
sr. member
Activity: 392
Merit: 250
May 09, 2016, 03:30:05 PM
People should use it because its way more secure and payments can be done without any traceable facts what makes it very good for these days.
I think in the overall experience its way better.

I Agree that People use bitcoins because it is convenient, easy and with less transaction fees, and bitcoin transactions are available 24/7, it will be used more in future when everyone would start accepting it as a payment method.
Customers should use it just because its controllable by your own and it also is very profitable by just holding.
Customers could pay also easily with it, and globally.
As online currency Bitcoin is being supported widely but if you look at "offline" merchants then they are not even 1% of the number of online merchants.

Bitcoin needs to grow there significantly as that will allow people to spend their coins locally.

If you are able to spend it physically then I think many new users will get aware about it and will start using too, at a moment very few people know about bitcoin and that is a big problem.
newbie
Activity: 25
Merit: 0
May 09, 2016, 02:34:07 PM
a lot of merchants offer discounts for buyers who pay with btc, but for a lot of non-technical people it's not worth the trouble of learning how to buy & use btc just to save 5 or 10%
newbie
Activity: 2
Merit: 0
May 09, 2016, 12:10:14 PM
Customers loves bitcoins because its easy to use and its new
newbie
Activity: 3
Merit: 0
May 09, 2016, 12:04:11 PM
Customers use bitcoins as it has no taxes.
legendary
Activity: 1526
Merit: 1179
May 09, 2016, 10:57:40 AM
People should use it because its way more secure and payments can be done without any traceable facts what makes it very good for these days.
I think in the overall experience its way better.

I Agree that People use bitcoins because it is convenient, easy and with less transaction fees, and bitcoin transactions are available 24/7, it will be used more in future when everyone would start accepting it as a payment method.
Customers should use it just because its controllable by your own and it also is very profitable by just holding.
Customers could pay also easily with it, and globally.
As online currency Bitcoin is being supported widely but if you look at "offline" merchants then they are not even 1% of the number of online merchants.

Bitcoin needs to grow there significantly as that will allow people to spend their coins locally.
newbie
Activity: 42
Merit: 0
May 09, 2016, 10:19:38 AM
Credit cards actually charge fees to the merchants, and the cost is passed to the customer. In theory, if you paid with Bitcoin, it should be cheaper by more than a few cents.
In reality, it never is. Scratch that, Amagi Metals offers a 3% discount on IRL checks and bitcoins.
Sadly, Amagi Metals is known for fucking its customers, but if you paid via CC, redress is a phone call away.
If you paid with bitcoin, SFYL Sad

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With Bitcoin, you aren't owing money to someone. You either have the money at the time of purchase or you don't. Sure that may be inconvenient, but so is having to pay credit card payments and if you are late, then also the huge amount of interest that will generate.
Correct, if you make a mistake, you are charged an exorbitant percentage, ~1% a month. Make a mistake with bitcoin? Lol, *all* your coin is gone, SFYL Sad

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Another thing about Bitcoin is that you don't need to give away all of your personal info in order to get some. Unlike with credit cards, there is no application you have to do, and you don't need to wait for any application to be approved before getting Bitcoin to  spend.
Unless, of course, you buy your BTC on an exchange @ spot, exchanges want your mom's maiden name and SS#.  Of course, you could pay ~14% over spot at bitcoin ATM vending machines, or use localbitcoin and hook up with perfectly legit strangers in some dark alley Sad

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Another is that if your card gets stolen, it is a pain in the ass to recover from fraud and it is also incredibly difficult to recover from identity theft that can also occur with stolen credit cards.
By "incredibly difficult," you mean "typically one phone call," correct?

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With Bitcoin, there is none of that hassle, just the risk that if your Bitcoin is stolen due to your own poor security, you probably aren't getting any of it back.
Didn't some C-level exec at BitPay get taken for a few million bucks? Wasn't that the CTO even? Dang, if bitscoin security professionals get had that easily, what of us simple folk? Sad
sr. member
Activity: 336
Merit: 250
May 09, 2016, 09:55:43 AM
I mine bitcoin indirectly, thought the altcoin mining. I use the bitcoin to buy things. That is one way to pay for my mining.
you could say that bitcoin is the mother of all altcoin You may not directly sell altcoin to the dollar, of course you're going to convert it into bitcoin first then to the dollar.
very lucky there are many other alternativ coins besides bitcoin, so we're not just talking about bitcoin only but cryptocurrency
It would be nice if there will be more people that is going to use Bitcoin and that is because you also can see that there will be more people that is using it as a payment method.
But of course we never know what will happen with the value but it will be more worth in the future.
hero member
Activity: 616
Merit: 500
May 09, 2016, 09:45:31 AM
People should use it because its way more secure and payments can be done without any traceable facts what makes it very good for these days.
I think in the overall experience its way better.

I Agree that People use bitcoins because it is convenient, easy and with less transaction fees, and bitcoin transactions are available 24/7, it will be used more in future when everyone would start accepting it as a payment method.
Customers should use it just because its controllable by your own and it also is very profitable by just holding.
Customers could pay also easily with it, and globally.
legendary
Activity: 1372
Merit: 1005
May 09, 2016, 09:12:21 AM
People should use it because its way more secure and payments can be done without any traceable facts what makes it very good for these days.
I think in the overall experience its way better.

I Agree that People use bitcoins because it is convenient, easy and with less transaction fees, and bitcoin transactions are available 24/7, it will be used more in future when everyone would start accepting it as a payment method.
legendary
Activity: 1372
Merit: 1008
May 09, 2016, 09:09:38 AM
Fast transactions
Low fees
Instant credits
Better then banks and other payment systems.
banks seem to have all the benefits of bitcoin that you say Fast transactions and Instant credits
except at low fee bitcoin might just excel in that field than other payment methods? but if prices rise sharply bitcoin certainly nothing called the "low fees" because maybe 0.0001 BTC already precious $ 1?
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
sr. member
Activity: 462
Merit: 250
May 07, 2016, 04:19:36 PM
People should use it because its way more secure and payments can be done without any traceable facts what makes it very good for these days.
I think in the overall experience its way better.
legendary
Activity: 1106
Merit: 1000
May 07, 2016, 03:59:02 PM
extremely low fees which gives option to buy small things even those things which are under one doller before i used to top up my mobile phone using paypal i had to give 1.6$ to get the recharge of 1$ because about 0.5$ was the paypal fee and 0.1$ was the profit for the website , now things are different just because of BTC and of course there are a lot more reason as well to use bitcoins and a customer
hero member
Activity: 1302
Merit: 503
Leading Crypto Sports Betting & Casino Platform
May 07, 2016, 08:51:46 AM
Maybe because Bitcoin's very easy to use have low fees for globas and quick transactions. Bitcoin too sometimes be anonymous you can send money without No one knows who sent it

I think OP said that we don't need to pay any fee by using credit card, so it's not best answer why customers would use bitcoin

probably it's true when you said it's because bitcoin has quick transaction and no identity of the sender.
sr. member
Activity: 294
Merit: 250
May 07, 2016, 08:28:58 AM
a costumer would use bitcoin because there is no age restrictions or country restrictions in bitcoin. one can use it everywhere as long as he has an internet connection.

Bitcoin is simply future. Imagine all the future inteligent robots using Bitcoin because no know your customer regulations or other nonsence - Bitcoin can be used by any entity without restriction.

I have feeling in 20+ years Bitcoin become the standardized international currency because of the fear any country can print as much fiat themselves as they like thus no rational being will use or trade in fiat anymore - Bitcoin cap of 2,100,000,000,000,000 Satoshi which can be proven no more exist anytime by anybody is such high incentive to use instead of the fiat where you cant prove the existing supply at all - Bitcoin has such high potential to replace fiat in longterm.
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