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Author Topic: Why would customers use Bitcoins?  (Read 133882 times)
ironm@n
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September 16, 2016, 08:44:51 PM
 #1501

These are different reasons... some of the main reasons, in my opinion, are ease of use and the low fee, that has the potential to attract even more merchants and customers.
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September 21, 2016, 11:42:31 PM
Last edit: January 19, 2017, 11:25:13 AM by CloudStrife
 #1502

customer will use bitcoin instead of fiat currency because it will be more convinient and easy to sue, one will no need to carry it in wallet and also need no bank account you just need a online wallet where you can store your bitcoin and can also use it in every part of the word having same value every where.

the best point is that with bitcoin we will not need a bank account, so with that the seller will also not need any bank account and he will not pay high fees to the banks for maintaining their money and the seller will not have to pay any extra tax to the government.
This is a good observation, because  using Bitcoin the user can be  his own bank, and this is  certainly not the only benefit...

I think bitcoin is recommended  for people looking for a better alternative  to store or transfer money safely and quickly. If that is what  customers are looking for,  I think they would  not be disappointed using btcs.
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September 22, 2016, 12:56:10 AM
 #1503

I think bitcoin is recommended  for people looking for a better alternative  to store or transfer money safely and quickly. If that is what  customers are looking for,  I think they would  not be disappointed using btcs.

Storage. Yes that is one of the most reason. I would also prefer to have it stored through bitcoin because of the high chance of doubling it in a year. This feat of bitcoin will surely make more customers attracted to investing or just storing it in a wallet.

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September 22, 2016, 01:53:31 AM
 #1504

Bitcoin does have it advantage. It is irreversible trade so i am happy as a seller cause in paypal or ebay or even in local bank, the buyer can chargeback the amount and some places are buyer protection that means you have a very high chance of losing when the dispute arises.
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September 22, 2016, 04:04:49 AM
 #1505

I think bitcoin is recommended  for people looking for a better alternative  to store or transfer money safely and quickly. If that is what  customers are looking for,  I think they would  not be disappointed using btcs.
Yeah I am agree with you friend. I think costumer will be absolutely helped by bitcoin in that case.  So many people wanna get some lower fee to store their money. I think bitcoin can be the best currency for the costumers. Bitcoin can be used by someone that want a anonimously transaction.


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futurebit640
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September 22, 2016, 04:33:00 AM
 #1506

I think bitcoin is recommended  for people looking for a better alternative  to store or transfer money safely and quickly. If that is what  customers are looking for,  I think they would  not be disappointed using btcs.
Yup, it is correct, But if the price of Bitcoin is stable, then this method is ok. Suddenly the price goes down means what they will do. I think this is a big loss for customers right. For Less time transaction Bitcoin is ok. If it's long-term transaction, i believe that it is risk. 
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September 22, 2016, 04:54:27 AM
 #1507

Bitcoin does have it advantage. It is irreversible trade so i am happy as a seller cause in paypal or ebay or even in local bank, the buyer can chargeback the amount and some places are buyer protection that means you have a very high chance of losing when the dispute arises.

Thank God that didnt happen to me before switching here. That could have been a mess. I dont want to lose some of my incomes just because of a doubtful buyer.
Here it is all about trust when you sell something cause there is no getting it back.
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September 22, 2016, 05:01:13 AM
 #1508

I think bitcoin is recommended  for people looking for a better alternative  to store or transfer money safely and quickly. If that is what  customers are looking for,  I think they would  not be disappointed using btcs.

I agree that Bitcoin is the better alternative if you want to transfer money safely and most of the times it is faster too since international wire transfers usually take longer than a day. However I don't agree that it is the better alternative when it comes to storing your money, the price simply fluctuates too much. I would rather store my money in gold instead of Bitcoin for the long term.
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September 22, 2016, 05:51:33 AM
 #1509

I think bitcoin is recommended  for people looking for a better alternative  to store or transfer money safely and quickly. If that is what  customers are looking for,  I think they would  not be disappointed using btcs.
Yeah I am agree with you friend. I think costumer will be absolutely helped by bitcoin in that case.  So many people wanna get some lower fee to store their money. I think bitcoin can be the best currency for the costumers. Bitcoin can be used by someone that want a anonimously transaction.
that's will make attraction informing customer that they can used btc for anonymous transaction it just needed more exposure it is also served as easy ways to transact with low fee and fast and secure feature after all if we can explain the benefits the way we understand it for sure they will embraced the system too.
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September 22, 2016, 06:02:22 AM
 #1510

I think bitcoin is recommended  for people looking for a better alternative  to store or transfer money safely and quickly. If that is what  customers are looking for,  I think they would  not be disappointed using btcs.

I agree that Bitcoin is the better alternative if you want to transfer money safely and most of the times it is faster too since international wire transfers usually take longer than a day. However I don't agree that it is the better alternative when it comes to storing your money, the price simply fluctuates too much. I would rather store my money in gold instead of Bitcoin for the long term.

I cannot argue with you with the fact that it is not better alternative for storing money simply because its price is unstable. But if the price goes up then it is a good thing.

And yes it is indeed a good way to transfer money because it always takes a little time transferring one fund to another.  It is always do feel good that you could transfer bitcoin in just a click.  No more inputting of so many numbers and personal details. 
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September 22, 2016, 06:21:08 AM
 #1511

i think its a few customer that use bitcoins, because they are really don't know about bitcoin. and if customer that you mean is us, then i would say that we use bitcoin because we know that bitcoin is like an investment, and we can make real money with bitcoin. beside that, we can use bitcoin to send and receive in short of time.

beside that, we can buy something by online with bitcoin as our payment. bitcoin can make our life simple.
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September 22, 2016, 07:20:53 AM
 #1512

I think using bitcoin as a form of  payment would be the right thing to do, because  this is one of the few decentralized  options and an efficient way, which can be applied on  different platforms and  forms of services.
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September 22, 2016, 07:24:41 AM
 #1513

They can use it as a currency or also as an investment for the future, bitcoin is also good for online shopping and money transfers, there are many advantages attached with bitcoin.

Indeed they don't just have to treat it like boring fiat there's alot you can do with bitcoin and they would be interested in those things perhaps aswell.
Besides that bitcoins are free fee and pretty fast once the infrastructure is completely finished. It has tons of benefits.
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September 25, 2016, 01:08:46 PM
 #1514

It is more convenient to use in terms of transactions and earning some extra income.

Would you mind if you share your opinion?  Smiley
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September 25, 2016, 02:17:03 PM
 #1515

They can use it as a currency or also as an investment for the future, bitcoin is also good for online shopping and money transfers, there are many advantages attached with bitcoin.

Indeed they don't just have to treat it like boring fiat there's alot you can do with bitcoin and they would be interested in those things perhaps aswell.
Besides that bitcoins are free fee and pretty fast once the infrastructure is completely finished. It has tons of benefits.

Yes and once people become aware about the features of bitcoins, I am sure they will not use any other payment methods as bitcoin transactions involves very minimum fees.
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September 26, 2016, 04:18:33 PM
 #1516

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 considered myself as a bitcoin consumer because im one of them using bitcoin. The main reason why consumer use bitcoin, its because they love it. They like the very convenient and easy way to send/recieve money from one another. They know that it has a benefits that brought into their life.
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September 26, 2016, 04:21:24 PM
 #1517

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 considered myself as a bitcoin consumer because im one of them using bitcoin. The main reason why consumer use bitcoin, its because they love it. They like the very convenient and easy way to send/recieve money from one another. They know that it has a benefits that brought into their life.

Yeah and when people will be aware that how easy and cheap is to transfer money with bitcoins across the globe I am sure many people will switch to bitcoins from other payment methods.
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September 26, 2016, 04:42:46 PM
 #1518

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 considered myself as a bitcoin consumer because im one of them using bitcoin. The main reason why consumer use bitcoin, its because they love it. They like the very convenient and easy way to send/recieve money from one another. They know that it has a benefits that brought into their life.
Yeah we are all costumers and we are lucky that we found bitcoin since the payment for transaction is low fee unlike you deal in paypal the fee is high.
unlike before that you can transact as gift in paypal now you can't unless if the receiver is nearly to you..
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September 26, 2016, 04:46:00 PM
 #1519

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 considered myself as a bitcoin consumer because im one of them using bitcoin. The main reason why consumer use bitcoin, its because they love it. They like the very convenient and easy way to send/recieve money from one another. They know that it has a benefits that brought into their life.
Yeah we are all costumers and we are lucky that we found bitcoin since the payment for transaction is low fee unlike you deal in paypal the fee is high.
unlike before that you can transact as gift in paypal now you can't unless if the receiver is nearly to you..

Yeah and after getting into bitcoins, I closed my Paypal account as I know that bitcoin is always better in compare to Paypal which involves very less fees and its not complicated like Paypal.
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September 26, 2016, 04:52:44 PM
 #1520

I don't think that bitcoin is any different then a regular fiat currency. The only difference is that bitcoin is a digital currency while fiat is not. I do think that it's harder to lose bitcoin then it is to lose fiat currency though and it's certainly less messier than holding fiat(with the exception of credit/debit cards).
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