Topic: Why would customers use Bitcoins? - page 65. (Read 133913 times)

Customers should use bitcoin because it allows them to earn additional income, and its just not only a currency its also an best investment for the future.

If there will be more people that is going to use Bitcoin than it will be nice for the future and for Bitcoin itself because than we are making it more popular and more used.
And you also can see now that the value is rising slowly so that is also nice for the people who already have Bitcoin.

I would say it is much easy to keep the cards safe rather than bitcoin, considering the amount of geeks or hackers involved in the community.

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. there is no chargeback in btc and your card info can be stolen easily but bitcoin is secure

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

The people use bitcoins because it has no taxes

Fast transactions
Low fees
Instant credits
Better then banks and other payment systems.

I mine bitcoin indirectly, thought the altcoin mining. I use the bitcoin to buy things. That is one way to pay for my mining.

Bitcoin is the best when it comes to online transfers and many people are using it for gambling as its very easy to gamble with bitcoin.

This question literally gets on the main page every hour.

I understand exactly how bitcoin works, have used it long before it became the scammer's and sig campaign losers' paradise it is today. Bud.

The example you gave where one could "save" 3% with Bitcoin was Amagi Metals, a place where you had to wait *months* for your order. But, of course, you can't wait a few weeks for your golden shekels, because reasons

So what, you're suggesting an exercise in futility? You complain, merchant replies "lolno, go away," everybody's happy?

Registered, licensed businesses in Bitcoin are as rare as hen's teeth, and wazzup with the "registered, licensed" statist bullshit? Trying to shackle Bitcoins with filthy government regulations? If I wanted to do business with decent, regulated companies, I'da stuck to legacy finance.

OK there, master money changer. I'm sure you make out like a bandit buying BTC @spot with stacks of ones and fives you got from your last localbitcoin exchange behind some dumpster. The check's still cheaper, do the math

@whorable
Bud your clearly grasping at straws now and are not willing to understand how bitcoin works. You may be a better candidate for the supervised transactions of the bank.

In the interest of those who do want to understand why bitcoin is the biggest development in finance since the credit card here are the answers to the questions your struggling with.


Write out a check and send it in the mail? I could do that if I like waiting weeks for my order. I have not done that since the 1990's. And what 3% are talking about? There is no such thing. Well, unless you use a credit card, that WILL cost you 3% But OK, I could hand over my identity with a check. I could also mail them a sock full of pennies.

Absolutely correct. Just as I am free to shop for the best deal and drive down prices. Ain't capitalism grand!

True. But that is because they do not deal with registered, licensed businesses. I have never lost a Satoshi to a scam in 6 years of use. If someone insists on "investing" a scheme to double their coins then they have other problems.

None of those things apply to me. I have always made money trading with BTC.  And a check is not cheaper. It is a longer wait, a riskier method, but not cheaper. Perhaps you just need to research ways to use BTC, you are describing the most inefficient way to obtain and use them.

So pay by check? Same price as BTC, plus legal recourse when Amagi doesn't deliver. Why would you want to pay exchange fees and go through the rigamarole of buying BTC?

Oh, listing the price as $698, without mentioning the 3% added at checkout? That's what I'd complain about.

You complain?! If the merchant wants to make more money off bitcoin users, he's free to do so. You do understand that a business is not a charity, charging as much as the buyer is willing to pay is simply sound business practice. You might as well complain that Amagi makes too much profit.

All the people in the "Scam accusations" section of this forum also say they'll use the courts. In reality, that nearly never happens, and, when it does, they're never made whole. Versus a phone call to your CC, which works without fail, almost instantly

Well sure, that's the topic, "Why would customers use Bitcoins?" Even in your chosen scenario -- dealing with a bitcoin enthusiast who is also a metals dealer -- paying by check proves cheaper than paying with BTC.
Once we take into account that you have to *buy* BTC, incurring exchange fees & time to set up exchange account, risk of exchange goxing u up the a, or having to use localbitcoins (typically more than the 3% you would have paid for CC/PP transaction, plus risk of getting robbed), bitcoin stops making sense altogether

Yes and I think that fees is nothing in compare to other payment systems and  I generally use bitcoin only for online transfers.

I'm looking at their website, https://www.amagimetals.com/ Please show me how to get my BTC discount. If you claim that you got cash discount, pay cash, problem solved, no need to buy bitcoins and pay exchange fees.

Sure somebody pays. It's not the customer though, it's the merchant. The same merchant that doesn't give me a discount for using BTC.

But BitPay also doesn't offer the most important service Visa provides: BitPay will not give you your money back when Amagi screws you.
http://s32.postimg.org/m0ers8b2d/Capture.gif

http://www.yelp.com/biz/amagi-metals-denver

i guess now fee for transaction is still 0.0001btc maybe you can use costume fee for get fast confirmation but fee 0.0002 per transaction is still low than you use other payment.

You may think you are not paying for the Tx, but Visa is not a charity and someone MUST pay. Assuming you don't fall for their debt traps then the fees are paid by the seller who raises prices accordingly. As a business owner I assure you that your purchase is far from instantaneous. It typically takes days to weeks to receive a settlement and sometimes takes months.

Most of the businesses I have helped to accept BTC have gone with a payment processor like BitPay. They take 1% as a fee, which is 1/3 the cost of a visa Tx. 

I'm not sure what you are looking at? They most certainly do offer a discount for cash sales, including bitcoin. I have bought as much as 10oz. at a time and saved thousands. This is also true at Overstock and most retailers who take bitcoin.  Check again.

My credit card too is instant and no need to wait for verification from the merchant as long as it has reserves of course. I don't know where in the world that guy above stating that credit card purchase needs a verification first. Yes verification but it will only took seconds. And I don't know too where the heck he get that if he pays with credit card it will allow someone to steal money from him. I thinks credit card service in their country is really poor.

why customers use bitcoin? customers use bitcoin as a payment system that is highly efficient