Why would customers use Bitcoins? - page 76.

danswer42

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Quote from: For_real_for on March 27, 2016, 02:49:05 PM

Fundamentally better in most cases.

There is also a big political aspect with Bitcoin that I think very many forgets.

ot sure,because actually not many advantages to using bitcoin, but bitcoin very helpful as an alternative payment.

For_real_for

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Fundamentally better in most cases.

There is also a big political aspect with Bitcoin that I think very many forgets.

jkrules

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Quote from: MedaR on March 27, 2016, 11:52:55 AM

Quote from: romero121 on March 26, 2016, 10:16:49 AM

Now to avoid taxation problems people enter into the bitcoin community and use bitcoin as these transactions will not be considered in certain countries.

If you want to launder money you can use more practical ways, bitcoin is still connected very well with banks and all transactions are visible enough for authorities, so don't get yourself in troubles. Once this becomes evident, know, that bitcoin will be regulated very soon.

Somewhat anonymous, no fees, easy to use, no restrictions, owned by the people, public currency.

MedaR

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Quote from: romero121 on March 26, 2016, 10:16:49 AM

Now to avoid taxation problems people enter into the bitcoin community and use bitcoin as these transactions will not be considered in certain countries.

If you want to launder money you can use more practical ways, bitcoin is still connected very well with banks and all transactions are visible enough for authorities, so don't get yourself in troubles. Once this becomes evident, know, that bitcoin will be regulated very soon.

Ulloa

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Quote from: dumada on March 27, 2016, 03:36:31 AM

Quote from: allthingsluxury on March 26, 2016, 02:44:39 PM

Quote from: Jordan23 on November 21, 2015, 06:48:14 PM

You don't pay any fees with a credit card? You think a business just eats the credit cards fees??

LOL

Exactly, the customer pays in the end. This is just the way business works.

But for bitcoin users, they pay the fee upfront. So they should get discount by using bitcoin instead of credit cards.

That is indeed a good reason, but it is also very easy to use and the transaction is also very fast and that is perfect.
But not many people use Bitcoin and that is bad, they should know what you can do with Bitcoin. If they know it they will use it.

lolxxxx

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Quote from: BeGoods on March 27, 2016, 07:31:36 AM

Quote from: vero on March 25, 2016, 08:35:41 AM

Quote from: Hemo on March 25, 2016, 06:54:21 AM

The transactions fee (Bitcoin) is lower than PayPal...
2.9% + $0.30 per transaction for PayPal (in US)... Shocked

You can only receive ~$0.4X if someone (customer) send $1 to you (seller)... Sad

In other words, you can receive $0.9X instead of $0.4X in Bitcoin.. Cheesy

agree with you, everyone will looks to less fee transaction if they use bitcoin for now this is still work but if bitcoin price high of course fee transaction will be a problem.
for example:
1BTC = $1000
fee per transaction 0.0001 it same like $0.08-$0.1
how if
1BTC = $5000
fee per transacion 0.0001 it same like $0.4-$0.5

is it possible if the price of it happening in the future the possibility of a fee for the transaction costs will be reduced? whether it remains 0.0001 BTC?
if it happens would be very expensive transaction fee right ? I think it would be good if we can in accordance with the price that occurred

The fees will remain the same remember guys that you are free to process your transaction without any fees but without fees your transaction gets much time and maybe only 10 mins and there is a chance that it dont get confirmed also the transactions wuth higher fees gets confirmed soon , miners prefer transactions with fees. If the price of bitcoin is increased to 5000$ then the price of 0.0001 also increase .

Kingno.1

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Customers will use bitcoin because :
1)Chances of stealing bitcoins are minor
2)Fast transactions
3)Easily accessible
4)Less transaction charges

BeGoods

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Quote from: vero on March 25, 2016, 08:35:41 AM

Quote from: Hemo on March 25, 2016, 06:54:21 AM

The transactions fee (Bitcoin) is lower than PayPal...
2.9% + $0.30 per transaction for PayPal (in US)... Shocked

You can only receive ~$0.4X if someone (customer) send $1 to you (seller)... Sad

In other words, you can receive $0.9X instead of $0.4X in Bitcoin.. Cheesy

agree with you, everyone will looks to less fee transaction if they use bitcoin for now this is still work but if bitcoin price high of course fee transaction will be a problem.
for example:
1BTC = $1000
fee per transaction 0.0001 it same like $0.08-$0.1
how if
1BTC = $5000
fee per transacion 0.0001 it same like $0.4-$0.5

is it possible if the price of it happening in the future the possibility of a fee for the transaction costs will be reduced? whether it remains 0.0001 BTC?
if it happens would be very expensive transaction fee right ? I think it would be good if we can in accordance with the price that occurred

rio3233

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Activity: 434

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Quote from: sotisoti on March 27, 2016, 04:57:56 AM

To be honest Bitcoin value is not stable yet I don't see the point of using it, some Bitcoin enthusiasts use them though.

Well, as a trader i really like using bitcoins because the price is not stable. And i use bitcoins because it's easy to use, small fee transaction and you can earn bitcoin free.

sotisoti

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To be honest Bitcoin value is not stable yet I don't see the point of using it, some Bitcoin enthusiasts use them though.

blackmachinegun

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Quote from: romero121 on March 26, 2016, 10:16:49 AM

Now to avoid taxation problems people enter into the bitcoin community and use bitcoin as these transactions will not be considered in certain countries.

yeah a lot of people who want to avoid property tax and so on. so that they pay bribes to tax officials. to shrink their tax costs. I'm afraid you're going to jail for committing acts of nepotism

bitcoin is suitable for you in order to avoid taxes

LiskCryptoFan

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Quote from: ?? on ??

i just don't like when someone know my data , bitcoin make me stay anonymously thats why i like to use bitcoin although must pay 3 cent for fee

Nobody has the right to track my day-to-day purchases, it's one of the reasons I think more people will move toward Bitcoin.

dumada

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Quote from: allthingsluxury on March 26, 2016, 02:44:39 PM

Quote from: Jordan23 on November 21, 2015, 06:48:14 PM

You don't pay any fees with a credit card? You think a business just eats the credit cards fees??

LOL

Exactly, the customer pays in the end. This is just the way business works.

But for bitcoin users, they pay the fee upfront. So they should get discount by using bitcoin instead of credit cards.

allthingsluxury

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Quote from: Jordan23 on November 21, 2015, 06:48:14 PM

You don't pay any fees with a credit card? You think a business just eats the credit cards fees??

LOL

Exactly, the customer pays in the end. This is just the way business works.

benmartin613

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Quote from: ranochigo on March 26, 2016, 11:36:08 AM

Quote from: BeGoods on March 25, 2016, 07:41:34 PM

Quote from: n0ne on March 24, 2016, 08:01:17 AM

Quote from: trenchflaint on March 24, 2016, 07:01:01 AM

Quote from: n0ne on March 24, 2016, 06:02:44 AM

How huge the value might be, it can be transacted within minutes without much transaction fee.

This is a good thing about bitcoin no hassle of waiting for days just to transfer funds from one account to another.

Yeah no need to wait for days as well if requires a mediator but bitcoin doesn't need that. We itself can make the transaction without any intermediate.

I think all the money delivery method does not require a long time for the transaction. all methods only takes a few minutes like paypal and western union. they also have instant transactions
you should tell anyone else besides this This was too mainstream dude

Not really. Paypal allows for chargeback up to 180 days. Once Bitcoin is confirmed, there is a huge certainty that it can't be reversed.

Western Union can take several minutes while Bitcoin is instantaneous. The fees are also significantly higher.

For sending money to your relative around the world bitcoin is really the best thing to do that.
The fees with other money transfer is so high that you will just chose bitcoin to send money.

ranochigo

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Crypto Swap Exchange

Quote from: BeGoods on March 25, 2016, 07:41:34 PM

Quote from: n0ne on March 24, 2016, 08:01:17 AM

Quote from: trenchflaint on March 24, 2016, 07:01:01 AM

Quote from: n0ne on March 24, 2016, 06:02:44 AM

How huge the value might be, it can be transacted within minutes without much transaction fee.

This is a good thing about bitcoin no hassle of waiting for days just to transfer funds from one account to another.

Yeah no need to wait for days as well if requires a mediator but bitcoin doesn't need that. We itself can make the transaction without any intermediate.

I think all the money delivery method does not require a long time for the transaction. all methods only takes a few minutes like paypal and western union. they also have instant transactions
you should tell anyone else besides this This was too mainstream dude

Not really. Paypal allows for chargeback up to 180 days. Once Bitcoin is confirmed, there is a huge certainty that it can't be reversed.

Western Union can take several minutes while Bitcoin is instantaneous. The fees are also significantly higher.

haileysantos95

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Quote from: romero121 on March 26, 2016, 10:16:49 AM

Now to avoid taxation problems people enter into the bitcoin community and use bitcoin as these transactions will not be considered in certain countries.

People who are using bitcoin is really trying to escape the tax that they will get from the government thats why they use bitcoin as payment system.

diodio5

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Quote from: kenot21 on March 24, 2016, 08:21:00 AM

Actually you still pay using credit card. They have a percentage to how much did you spend using it. You think they will stay in business without any payment??!! Bitcoin has a low transaction fee with just a press/click. Adding to this it's much safer and faster to transfer funds.
For now, there's not much stores accepting bitcoin than stores accepting credit card.

I think I can use a debit card bitcoin. You can buy any item by paying with a debit card bitcoin. I've never been among the debit card fee comparing with the bitcoin bitcoin own
but I think mandatory for the try

romero121

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casinosblockchain.io

Now to avoid taxation problems people enter into the bitcoin community and use bitcoin as these transactions will not be considered in certain countries.

BeGoods

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Quote from: trenchflaint on March 24, 2016, 07:01:01 AM

Quote from: n0ne on March 24, 2016, 06:02:44 AM

How huge the value might be, it can be transacted within minutes without much transaction fee.

This is a good thing about bitcoin no hassle of waiting for days just to transfer funds from one account to another.

using bitcoin transactions we could do send money with instantly after you press send directly your bitcoin will be in your wallet or address that you are headed
bitcoin facilitate the delivery of money quickly very helpful to us

Topic: Why would customers use Bitcoins? - page 76. (Read 133905 times)