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Topic: Why would customers use Bitcoins? - page 93. (Read 133905 times)

sr. member
Activity: 280
Merit: 250
January 20, 2016, 01:27:10 PM
Technically, not all credit card payments that are made are for free
For some payments you still have to pay a fee in some stores

I agree with most people here that the transaction time and fees are a lot lower
It's very easy to pay with bitcoin as well.
sr. member
Activity: 420
Merit: 250
January 20, 2016, 01:16:32 PM
Is nice to have a stores that accept bitcoin, because bitcoin is the future.
I think when a lot of people will use bitcoin is going to happen this year than is a possible thing that bitcoin price will go higher and higher. For costumers will be so easy to pay it just win your phone and scan that is kinda easy.
hero member
Activity: 616
Merit: 603
January 20, 2016, 01:07:53 PM
Ease of payment through a smart phone with a single or few clicks, low transaction fees, decentralized form of payment unlike a bank, you don't have to worry about credit card payment fees.
newbie
Activity: 7
Merit: 0
January 20, 2016, 12:58:42 PM
very easy to use , low transaction cost , fast , does not require a lot of places to store it , we just need gedget or PC .
sr. member
Activity: 446
Merit: 250
Unpaid signature.
January 20, 2016, 12:44:02 PM
Well , because bitcoin has the advantage of low transaction fee , simple . easy to use , fast pace , just bring your mobile phone , you can make transactions

Transaction fee is less than $0.1 on average. if the block size remain at 1MB, the transaction will be much higher.
sr. member
Activity: 504
Merit: 251
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January 14, 2016, 07:12:02 AM
I would have to say bitcoin for customers is safer. It also puts us the consumers in charge of our own banks. As bitcoin expands we will see a transition from people using fiat to bitcoin. I rarely carry cash now as long as I have debit card or phone I can pay for things. Using bitcoin is no different.
hero member
Activity: 938
Merit: 1000
January 14, 2016, 06:22:12 AM
many advantages are there..
like credit card can't give such anonymous transaction whereas btc can give a safe transaction..
credit card info can be steal so they are too much risky nowadays..
in case of btc no hacks are possible as far i know..
and one more benefit that if you buy btc now then btc prices will be increased and ultimately your money will increase...
and in terms of btc you can trade with it anytime..

Lovely comment here. That is really true. The safe transactions, it is hackable but not that easy though. The true benefit is the price increase which you have said and I agree with that. When it rise you get more that your interest in banks.

Yes, and with the existence of bitcoins I believe banking system is history now, atleast for the people who are into bitcoins, as we have our own bank and total control over our own money which was not the case when we were into banking system, so if people gets aware about the multiple benefits associated with bitcoins they would surely start using it.
newbie
Activity: 64
Merit: 0
January 14, 2016, 05:28:45 AM
because bitcoin is more practical, cheaper and faster than other payment systems

It is good for the retailers. They do not have to pay high fee for transactions. That will save from 1-5%.
legendary
Activity: 2940
Merit: 1083
January 14, 2016, 01:36:02 AM
many advantages are there..
like credit card can't give such anonymous transaction whereas btc can give a safe transaction..
credit card info can be steal so they are too much risky nowadays..
in case of btc no hacks are possible as far i know..
and one more benefit that if you buy btc now then btc prices will be increased and ultimately your money will increase...
and in terms of btc you can trade with it anytime..

Lovely comment here. That is really true. The safe transactions, it is hackable but not that easy though. The true benefit is the price increase which you have said and I agree with that. When it rise you get more that your interest in banks.
sr. member
Activity: 322
Merit: 250
I ❤ www.LuckyB.it!
January 13, 2016, 11:50:16 AM
low fee, anonymity, speed 'of the transaction, no chargebacks, no restriction, no id required
newbie
Activity: 56
Merit: 0
January 13, 2016, 11:46:49 AM
many advantages are there..
like credit card can't give such anonymous transaction whereas btc can give a safe transaction..
credit card info can be steal so they are too much risky nowadays..
in case of btc no hacks are possible as far i know..
and one more benefit that if you buy btc now then btc prices will be increased and ultimately your money will increase...
and in terms of btc you can trade with it anytime..
legendary
Activity: 2758
Merit: 1004
PredX - AI-Powered Prediction Market
January 13, 2016, 11:23:35 AM
because the speed of which is owned bitcoin transactions, other than that bitcoin is a coin that is best at this time, so customers better use bitcoin than altcoin other uses, it can also make your time is not wasted
hero member
Activity: 546
Merit: 500
January 13, 2016, 11:14:09 AM
because bitcoin is more practical, cheaper and faster than other payment systems
legendary
Activity: 2940
Merit: 1083
January 13, 2016, 10:43:44 AM
probably because when you get paid unlike a cheque it wont bounce as its irrevocable
LOL.. That may be reason for some people but to tell a fine answer from my side. It's because of instant way mode to transfer the money. And no need to check the cash or debit card details. No need to go to bank and no need to follow all norms of the bank.

hahaha  Grin There wouldnt be a bounced bitcoin too right? You gave me the laughs thank you for that. Somehow that right though.

Well let us put that to the list on my bitcoin is better than others.
hero member
Activity: 644
Merit: 500
January 11, 2016, 10:51:14 PM
probably because when you get paid unlike a cheque it wont bounce as its irrevocable
LOL.. That may be reason for some people but to tell a fine answer from my side. It's because of instant way mode to transfer the money. And no need to check the cash or debit card details. No need to go to bank and no need to follow all norms of the bank.
legendary
Activity: 896
Merit: 1000
January 11, 2016, 03:42:57 PM
Well , because bitcoin has the advantage of low transaction fee , simple . easy to use , fast pace , just bring your mobile phone , you can make transactions

If the block size is not increased soon, you will have to pay much higher fees to get your transaction confirmed.

it won't be that drastic. what i have been seeing happen a lot lately, is that pools tend to give certain transactions a low priority even with 0.0001 btc as fee. where you normally see your transaction get included in the next block or the block after that. it now can take a block or 6 to see your transaction get included in a block.
sr. member
Activity: 382
Merit: 250
January 11, 2016, 03:29:42 PM
Well , because bitcoin has the advantage of low transaction fee , simple . easy to use , fast pace , just bring your mobile phone , you can make transactions

If the block size is not increased soon, you will have to pay much higher fees to get your transaction confirmed.
sr. member
Activity: 686
Merit: 251
Turn your financial ideas into reality
January 09, 2016, 09:43:15 PM
Well , because bitcoin has the advantage of low transaction fee , simple . easy to use , fast pace , just bring your mobile phone , you can make transactions
legendary
Activity: 1330
Merit: 1000
January 09, 2016, 03:43:56 PM
probably because when you get paid unlike a cheque it wont bounce as its irrevocable
sr. member
Activity: 446
Merit: 250
Unpaid signature.
January 09, 2016, 03:41:42 PM
I think Bitcoin's having many features which encourage many users to use it as payment method online, especially it's lowest fee comparing with fiat

the credit/debit cards has NO fees for online and offline purchases and also they are instant. you don't have to wait 15-20 min for a transaction confirmation.


Credit card companies do not charge you the fee directly, but they charge the seller. You pay the fee eventually.
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