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Topic: Why would customers use Bitcoins? - page 86. (Read 133905 times)

sr. member
Activity: 280
Merit: 250
February 23, 2016, 04:17:40 AM
Its a good question but its easy to tell why they should use the bitcoin for payments and other stuff that is relating to payments, first of all they will control there money by them self, so they are independent than you have the second point and that is that the customers can pay safely without any problems.
We will see what happens of course but its just a matter of time before it gets used by a lot.
legendary
Activity: 1176
Merit: 1016
February 23, 2016, 03:31:58 AM
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?
i think we are paying extre charge with bitcoins but its safer then using cc. we will have a huge transperacy network where we can see that where the shopkeeper is sending our coins.by the way peoples now days loves to use bitcoin
Whether we use credit cards or debit cards, we overpay at times due to the taxes which is not the case with bitcoins. I do agree that websites need to give their users a benefit of paying via bitcoins.
newbie
Activity: 13
Merit: 0
February 23, 2016, 01:28:03 AM
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?
i think we are paying extre charge with bitcoins but its safer then using cc. we will have a huge transperacy network where we can see that where the shopkeeper is sending our coins.by the way peoples now days loves to use bitcoin
legendary
Activity: 1946
Merit: 1137
February 23, 2016, 01:25:02 AM
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?
The simple answer : Bitcoin is more safety than credit cards.
do you have any evidence if bitcoin is more secure than a credit card?
Because bitcoin like owning a key to a certain undestroyable safe, if your bitcoin stolen then it's the owner own fault on handling the key, not from other factor
There are people who got there computer infected with malware. So they think they send coins to another adress as actual will happen.

if someone does not know how to protect themselves against computer threats like viruses and malwares, it is not only bitcoin they lose, they are losing every single information they have on their computer being stolen. it can be their account (email, facebook,...) passwords or it can be their credit card information and lots of other things.
sr. member
Activity: 490
Merit: 250
February 23, 2016, 12:57:16 AM
for me, because it's simple and easier to use  Smiley
hero member
Activity: 1036
Merit: 501
February 22, 2016, 10:01:46 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?
The simple answer : Bitcoin is more safety than credit cards.
do you have any evidence if bitcoin is more secure than a credit card?
Because bitcoin like owning a key to a certain undestroyable safe, if your bitcoin stolen then it's the owner own fault on handling the key, not from other factor
There are people who got there computer infected with malware. So they think they send coins to another adress as actual will happen.
hero member
Activity: 1190
Merit: 500
February 22, 2016, 09:59:27 PM
Well simply Bitcoin is money too.. But the thing here that make a customers use bitcoin is that you can grow your money online, it's anonymity, and you can withdraw it whenever you want!!
yeah bitcoin is real money.and what differentiates it from the others currency? so I had to wear a bitcoin?
besides anonymous
hero member
Activity: 700
Merit: 501
February 22, 2016, 09:56:36 PM
while you dont have to pay anything when paying with a credit card.

Its called hidden fees, and I preffer if everybody saw how much the credit card fees are (about 2+% of the transaction value), so there would be no misconception about what you wrote.

So for now Bitcoin has lower fees than credit card.

it's a true friend, bitcoin fee is very low, we can recomended bitcoin to our customer because customer can save a few dollars in the fee
hero member
Activity: 784
Merit: 1000
February 22, 2016, 07:43:39 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?
The simple answer : Bitcoin is more safety than credit cards.
do you have any evidence if bitcoin is more secure than a credit card?
Because bitcoin like owning a key to a certain undestroyable safe, if your bitcoin stolen then it's the owner own fault on handling the key, not from other factor
sr. member
Activity: 420
Merit: 250
February 22, 2016, 07:34:35 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?
The simple answer : Bitcoin is more safety than credit cards.
do you have any evidence if bitcoin is more secure than a credit card?
legendary
Activity: 1568
Merit: 1000
February 22, 2016, 06:17:33 PM
while you dont have to pay anything when paying with a credit card.

Its called hidden fees, and I preffer if everybody saw how much the credit card fees are (about 2+% of the transaction value), so there would be no misconception about what you wrote.

So for now Bitcoin has lower fees than credit card.

Don't be ridiculous, to buy and sell Bitcoin is a complete hassle and you'll lose much more than just using your CC or Paypal. Bitcoin only use should be storage of wealth just like gold. Buying BTC to spend it is a time consuming and idiotic procedure that's why it has failed as a payment system and has no adoption whatsoever from the mainstream. As a commodity and speculation tool, that's another story altogether.
sr. member
Activity: 423
Merit: 250
February 22, 2016, 05:37:10 PM
while you dont have to pay anything when paying with a credit card.

Its called hidden fees, and I preffer if everybody saw how much the credit card fees are (about 2+% of the transaction value), so there would be no misconception about what you wrote.

So for now Bitcoin has lower fees than credit card.
full member
Activity: 238
Merit: 100
February 22, 2016, 05:23:57 PM
Two main reasons: anonymous and simple.

Means no tax on btc as you can't really get tracked down, so cheaper, and extremely simple to use.

I like the no tax part. I'm also earning bitcoins and I don't have to pay tax that our government put on their wallets.
that's what i think you dont need to pay the tax especially for online service all you have to do just pay the domain, hosting etc
but if you have offline company that related with bitcoin, for some country you have to pay the tax

Will the government tax authorities audit your online account and make sure you pay the right amount of tax?

They can't access your btc account; it would mean having access to your wallet which is impossible if you don't give it out.

Moreover I don't hink they have the right category for btc untill now ^^

If the government can link your name with the account bitcoin address, they will know everything about it.
hero member
Activity: 1498
Merit: 547
Pugs are the best!
February 22, 2016, 12:59:51 PM
Well simply Bitcoin is money too.. But the thing here that make a customers use bitcoin is that you can grow your money online, it's anonymity, and you can withdraw it whenever you want!!
legendary
Activity: 1554
Merit: 1054
February 21, 2016, 01:23:23 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?

You pay nearly no fees, 3 cents is for a rather large transactions. Difference is you own your money and not a bank. And strictly speaking using btc means you don't pay the direct taxes ^^
True there as I pay 12.5% service tax everytime I make a transaction while with bitcoins I don't need to pay any taxes for holding my money. 3 cents fee doesn't apply now if we use xapo and neither we need to pay for large transactions.
Xapo, coinbase and other mixers apply a higher fee to get the transaction confirmed soon.
full member
Activity: 238
Merit: 100
February 21, 2016, 01:17:24 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?
The simple answer : Bitcoin is more safety than credit cards.

But for the time being, there are not many places you can use bitcoin. Maybe in the future, the bitcoin is accepted everywhere.
sr. member
Activity: 462
Merit: 250
February 21, 2016, 07:14:15 AM
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?

You pay nearly no fees, 3 cents is for a rather large transactions. Difference is you own your money and not a bank. And strictly speaking using btc means you don't pay the direct taxes ^^
newbie
Activity: 9
Merit: 0
February 21, 2016, 06:35:09 AM
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?
The simple answer : Bitcoin is more safety than credit cards.
sr. member
Activity: 462
Merit: 250
February 21, 2016, 06:29:30 AM
Two main reasons: anonymous and simple.

Means no tax on btc as you can't really get tracked down, so cheaper, and extremely simple to use.

I like the no tax part. I'm also earning bitcoins and I don't have to pay tax that our government put on their wallets.
that's what i think you dont need to pay the tax especially for online service all you have to do just pay the domain, hosting etc
but if you have offline company that related with bitcoin, for some country you have to pay the tax

Will the government tax authorities audit your online account and make sure you pay the right amount of tax?

They can't access your btc account; it would mean having access to your wallet which is impossible if you don't give it out.

Moreover I don't hink they have the right category for btc untill now ^^
newbie
Activity: 64
Merit: 0
February 21, 2016, 06:07:05 AM
Two main reasons: anonymous and simple.

Means no tax on btc as you can't really get tracked down, so cheaper, and extremely simple to use.

I like the no tax part. I'm also earning bitcoins and I don't have to pay tax that our government put on their wallets.
that's what i think you dont need to pay the tax especially for online service all you have to do just pay the domain, hosting etc
but if you have offline company that related with bitcoin, for some country you have to pay the tax

Will the government tax authorities audit your online account and make sure you pay the right amount of tax?
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