Topic: Why would customers use Bitcoins? - page 96. (Read 133905 times)
With credit cards it's easier to scam, you only need the information that's on the card to use it. Credit cards work way different from bitcoin. You have to pay for the card and the account. With bitcoin you don't have to do neither, there's a small transaction fee and that's pretty much it. The transaction time to transfer money over is little as well, unlike any other bank.
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 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?
easy, the fact that the seller does not have to pay 2% fees on his sales should hopefully mean that you as the purchaser pay much less for your items
Yeah that's the reason some merchants add an extra cost when you buy with paypal.
it's simple to expensive to use and with the extra fee, paypal becomes also more expensive for consumers.
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 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?
easy, the fact that the seller does not have to pay 2% fees on his sales should hopefully mean that you as the purchaser pay much less for your items
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 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?
easy, the fact that the seller does not have to pay 2% fees on his sales should hopefully mean that you as the purchaser pay much less for your items
I think many users and customers use bitcoin because it's decentralized currency with low fees so it's better than other reversible payment methods like Paypal and so on
Pretty much my case as well. But not much percentage of people appreciate the safety of Bitcoin they hold, and thus only the cheap transactions does not justify the lil more complicated process of obtaining and spending Bitcoins than is using credit card. But it does not matter much, because Bitcoin is not ready for higher transactions volume anyway.
If there is a discount of 5% or more, I will use bitcoin. 5% can help offset the cost of buying bitcoin for me.
It seems you don't understood how bitcoin's price increase and decrease, i advice you to read more about this before posting. There is no discount because it's depending in the market and many factors which can increase the bitcoin's price or decrease it
there is , try to use purse, you can have 25% discount easily, for small item, i've already bought something with 25% discount, it fell good to save that much on every order
I think many users and customers use bitcoin because it's decentralized currency with low fees so it's better than other reversible payment methods like Paypal and so on
If there is a discount of 5% or more, I will use bitcoin. 5% can help offset the cost of buying bitcoin for me.
There are more conventional ways to buy which you will not need that 5%. I buy through Coinbase and I never have the need or concern for a fee that high. If I am exchanging for USD from BTC I agree that a 5% would be a nice nitch, but I just keep it and trade. There is no reason to turn it into my currency unless there is something I can not buy with BTC. 
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?
much more secure all your transactions are secure and anonymous nowadays it's very common to read and here about atm scheming where they access all the information on your credit card using even a very small device and beside bitcoin are a good investment and of course we all know you have to pay interest in keeping your card 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?
If there is a discount of 5% or more, I will use bitcoin. 5% can help offset the cost of buying bitcoin for me.
It seems you don't understood how bitcoin's price increase and decrease, i advice you to read more about this before posting. There is no discount because it's depending in the market and many factors which can increase the bitcoin's price or decrease it
If there is a discount of 5% or more, I will use bitcoin. 5% can help offset the cost of buying bitcoin for me.
What will soon happen is that the re sellers will calculate that into their product cost in which they would be the ones covering that fee. This will make us customers feel more secure and not be so frustrated when paying a fee for something that they are purchasing.
Yeah! unlike those credit cards where you are paying what you didnt get. It is not stealing? Here you can pay of what is just have to be paid. No more, no less. You can see your balance and you control how many you will spend.
What will soon happen is that the re sellers will calculate that into their product cost in which they would be the ones covering that fee. This will make us customers feel more secure and not be so frustrated when paying a fee for something that they are purchasing.
One of the advantages for customers using bitcoins instead of cash is that they can go all over the world and pay for their items and services with no
need to convert their funds into local currencies where they lose portion of money due to conversion fee's.
Ofcourse, this brings up the issue of acceptance, but there is an increasing number of businesses accepting it, so a well planned travel arangement solves that issue.
need to convert their funds into local currencies where they lose portion of money due to conversion fee's.
Ofcourse, this brings up the issue of acceptance, but there is an increasing number of businesses accepting it, so a well planned travel arangement solves that issue.
No different from using a card. I'm sure when cards first started people thought it would never get of the ground and people would always use cash. I rarely carry cash always got a phone or cards on me tho.
Consumers can safe ton's of money because of the low fees. It is the main incentive to use bitcoin for consumers.
Being in control of your money makes it the even better.
The fact that you can make international tranfers makes it the best.
Being in control of your money makes it the even better.
The fact that you can make international tranfers makes it the best.
Customers would use bitcoin for many good reason, the first one is the fees that are very less (near zero) and it does not matter if it is international or within the same country, no need for additional verification like banks or paypal requires you etc.
Somewhat anonymous, no fees, easy to use, no restrictions, owned by the people, public currency.
Really? There are so many benefits for consumers, speed, anonimity, low fees etc.
The problem why not enough consumers are not using it though is due the fact, they need to be informed about how bitcoin works, what it is and an wallet upgrade would be nice too.
For a modern payment gateway, the wallet lacks many modern features..
The problem why not enough consumers are not using it though is due the fact, they need to be informed about how bitcoin works, what it is and an wallet upgrade would be nice too.
For a modern payment gateway, the wallet lacks many modern features..
The speed? The confirmation takes 10 minutes! So that is way slower than swiping your credit card or paying by cash.
The anonomity is true, but do you need it when buying groceries and clothes?
I would however like it if there were discounts if you used BTC.
Of course you can keep your anonymity more easy compared to fiat card transactions but it can't be as anonym as cash, because it's using networks, devices, etc while cash is only a piece of paper and noone traces the route of the bank notes
For privacy and better than holding cash around.
Yes bitcoin is like an onlibe wallet. I have experience it so many times. Just open my wallet through my application with a passcode for security then go to an atm and withdraw it. I am secured also because I am in the mall at that time.
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