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Author Topic: Why would customers use Bitcoins?  (Read 133882 times)
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July 14, 2016, 02:00:21 AM
 #1021

This could be a question from an entrepreneur who wants to earn btc thru the product he is selling in the market.
Once bitcoin will be widely use, this wouldn't be a question anymore for they will then see the advantages of using bitcoin and if these are laid out to the potential customers, they will really adopt using btc.

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July 14, 2016, 02:07:48 AM
 #1022

This could be a question from an entrepreneur who wants to earn btc thru the product he is selling in the market.
Once bitcoin will be widely use, this wouldn't be a question anymore for they will then see the advantages of using bitcoin and if these are laid out to the potential customers, they will really adopt using btc.

yeah the current problem that bitcoin have is a hard time to explain to common people what bitcoin exactly? how bitcoin works? etc in simply and understable "english" sentence. most of people around me having hard time to understand what bitcoin it is and how it work make them not care and don't want to know more about bitcoin. how they could use bitcoin when they didn't understand bitcoin itself?

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July 14, 2016, 02:41:08 AM
 #1023

The first thing is the privacy of the customer. The transaction done in bitcoins are very private and therefore customers can protect their privacy. And also there is no middleman in your transaction like the banks. It is point to point money transactions. Bitcoins are very fast and reliable and their is no fear for thievery.
if the privacy of the customer really secret and very private,why did the transaction history of every address publicly shown and can't be erased?

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July 14, 2016, 02:41:36 AM
 #1024

Customers should use the bitcoin because it has a lot of advantages with payments but also with holding money, like a bank account.
A bank account compared with the bitcoin, says already enough the bitcoin wallet is much better because its self controllable and has no one that is controlling or have power over it.
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July 14, 2016, 05:01:53 AM
 #1025

Customers should use the bitcoin because it has a lot of advantages with payments but also with holding money, like a bank account.
A bank account compared with the bitcoin, says already enough the bitcoin wallet is much better because its self controllable and has no one that is controlling or have power over it.

Better than bank account because of the very high fluctuations. In banks it takes years to get grow your money where you would really feel it. Or you will need to invest a lot bigger for a higher profit. I dont want that. I would rather risk my money with bitcoin and just take weeks or months for a price increase,.
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July 14, 2016, 08:34:32 AM
 #1026

the current average of people in the world are the brands that have high mobility. No think most people would want the ease and speed in every transaction. and bitcoin is the answer to all the problems that exist.
Yeah I agree with bitcoin answer all the needs of human beings who want the transaction fast, flexible, low fees and so forth.
bitcoin provides facilities very much for the money delivery method. so I was very obliging people to use it
The only thing that immediately comes to my mind when I think of why I am using bitcoins is : security and transparency.
No one can claim me falsely that he owns 1000 usd because I can ask him to sign message with that address Cheesy

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July 14, 2016, 10:37:42 AM
 #1027

Yes, you may have to pay fee but btc price changes, so you can get extra money ex nihilo.
Another argument is that btc is anonymous and seems to be the thing that will keep existing in the future

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July 14, 2016, 10:47:23 AM
 #1028

the current average of people in the world are the brands that have high mobility. No think most people would want the ease and speed in every transaction. and bitcoin is the answer to all the problems that exist.
Yeah I agree with bitcoin answer all the needs of human beings who want the transaction fast, flexible, low fees and so forth.
bitcoin provides facilities very much for the money delivery method. so I was very obliging people to use it
The only thing that immediately comes to my mind when I think of why I am using bitcoins is : security and transparency.
No one can claim me falsely that he owns 1000 usd because I can ask him to sign message with that address Cheesy
Security? i think paypal is the best for security purposes.. because if you buy something online using paypal you can reverse the payment once you receive a wrong product unlike dealing in bitcoin once you send it you can not reverse the payment..
Do you think we can call it secured?
The best that i want for bitcoin is anonymously and transparency also how easy to use it unlike other service like paypal and payoneer it needs bank account or real identity before you fully use their service..

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July 14, 2016, 11:06:01 AM
 #1029

1- Ease of use.
2- Security.
3- Anonymity.
4- Freedom.
5- Choice.
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July 14, 2016, 12:11:35 PM
 #1030

1- Ease of use.
2- Security.
3- Anonymity.
4- Freedom.
5- Choice.

Add inflationary, so bitcoin unlike fiat currency cant be reprint at will.  So as the code stated, there is only 21m in total.  Another one is, you don't need to trust anyone when you are doing transaction with Bitcoin unlike fiat currency that you need 3rd person to handle the process.  And most of all you own it!  Unlike paypal when the account is compromise they have the power to freeze your account.  And you can do anything even if it is your money in that account.

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July 14, 2016, 12:21:14 PM
 #1031

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 bitcoin has a taste of its own, as opposed to a credit card which requires us to register and that makes credit card not anonymous.
Unlike the bitcoin easy you just buy and can directly transact anonymously, and I think bitcoin fee is not expensive.

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July 14, 2016, 12:36:23 PM
 #1032

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 bitcoin has a taste of its own, as opposed to a credit card which requires us to register and that makes credit card not anonymous.
Unlike the bitcoin easy you just buy and can directly transact anonymously, and I think bitcoin fee is not expensive.

I haven't found any physical shop yet where I can experience of paying with bitcoin directly, but I think if confirmation takes time then it will be time consuming to buy with bitcoins.
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July 14, 2016, 12:39:58 PM
 #1033

Couple of things - Shipping is fast and a little fee is the best reason for consumers. They can send instant payment worldwide. Also in addition to making bitcoin wallet is not as complicated as paypal is. BTC can be bought easily from various exchanges and can be sold as well instantly.
Yes Bitcoin is a good way to pay. Online payment with low transaction fee then other payment processor and sometimes we get many offers on products too if we pay with Bitcoin. Cheesy
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July 14, 2016, 01:25:45 PM
 #1034

Couple of things - Shipping is fast and a little fee is the best reason for consumers. They can send instant payment worldwide. Also in addition to making bitcoin wallet is not as complicated as paypal is. BTC can be bought easily from various exchanges and can be sold as well instantly.
Yes Bitcoin is a good way to pay. Online payment with low transaction fee then other payment processor and sometimes we get many offers on products too if we pay with Bitcoin. Cheesy

sorry to be if you are transforming bitcoin through online then you have to pay the online fee. my personal view is that people will use bitcoin because it will be convenience for them to use it.
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July 14, 2016, 01:35:12 PM
 #1035

Couple of things - Shipping is fast and a little fee is the best reason for consumers. They can send instant payment worldwide. Also in addition to making bitcoin wallet is not as complicated as paypal is. BTC can be bought easily from various exchanges and can be sold as well instantly.
Yes Bitcoin is a good way to pay. Online payment with low transaction fee then other payment processor and sometimes we get many offers on products too if we pay with Bitcoin. Cheesy

sorry to be if you are transforming bitcoin through online then you have to pay the online fee. my personal view is that people will use bitcoin because it will be convenience for them to use it.

I think people will be more comfortable with credit card for making payments, and people will prefer to use bitcoin for online transactions and for money transfers.
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July 14, 2016, 01:38:48 PM
 #1036

Couple of things - Shipping is fast and a little fee is the best reason for consumers. They can send instant payment worldwide. Also in addition to making bitcoin wallet is not as complicated as paypal is. BTC can be bought easily from various exchanges and can be sold as well instantly.
Yes Bitcoin is a good way to pay. Online payment with low transaction fee then other payment processor and sometimes we get many offers on products too if we pay with Bitcoin. Cheesy


 If there will be more people will use Bitcoin as a payment method, so you will make Bitcoin more popular.
And that can be very good, you can see that the world is becoming more modern also and that is perfect.
The only thing is that Bitcoin must be more acceptable later so we can spend it everywhere.
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July 14, 2016, 01:41:36 PM
 #1037

It's a good alternative when PayPal bans your account.
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July 14, 2016, 02:01:27 PM
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It's a good alternative when PayPal bans your account.

Not as an alternative. It gives ease of transaction as well earning, but no other payment portal has given such an opportunity to earn. For this reason customers need to know about these digital currencies and start using.
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July 14, 2016, 02:11:34 PM
 #1039

This question is aked quite often. I use it because it is easy to use, it is quite secure and anonymouse, it is harder to steal because all wallets have private keys which are hard to get to if your device is protected. You can easily set up a wallet and start using it right away. The fees are small and it has very fast transactions.
The only downside is that not everyone accepts Bitcoin, but it will spread more and more over time.

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July 14, 2016, 02:45:24 PM
 #1040

It's a good alternative when PayPal bans your account.

 Grin Great mind.  Grin

How about because it is new. And many people want to try something new. Although some just wants to stay to their usual company if it gets a problem they can get an option thru bitcoin.
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