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Author Topic: Why would customers use Bitcoins?  (Read 133882 times)
peta4e
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October 09, 2016, 05:15:45 PM
 #1641

Well, there are many reasons why customers using bitcoins and i think the most one is because fee on transaction using bitcoin is really small than other digital currencies.
Imagine people trying to shop in their local stores.

With Bitcoin you enjoy low fee transactions when you are spending them, but if you stick to using fiat, you don't pay any fees when buying things.

This is how non Bitcoiners will look at things. And on top of that, in order to spend Bitcoin, you have to buy it first.

When it comes to using Bitcoin as a currency in our daily lives, Bitcoin will not make that much of a difference, correct. But as online currency to other countries, Bitcoin is a great help. At least, that's the case for me. It allows me to instantly send money from point A to B instead of waiting for a day or two.

Yup bitcoins helps me in many ways. I usually sends money to outer countries and then my friend/cousin converts bitcoins to its local currency if i send money through my bank i have to pay much fees but with bitcoins i have to pay only 1$ fees only Smiley

Exactly, doing money transfers with bitcoin is the best as it involves very less fees and even money gets credited instantly to bank account and its far better in compare to banks and WU.
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October 10, 2016, 01:20:48 AM
 #1642

I think use bitcoin
because with bitcoin is very fast grow my money
yeah you are right that bitcoin growing our money too much faster because people invest their money in bitcoin ,bitcoin increasing its price too much faster and bitcoin is very profitable for anyone and bitcoin also growing my money very fast.

The days are gone when you used to make fast money from bitcoins, price is stable since long time and I don't think it will pump hugely in next couple of months but you can make quick money if you are trading altcoins.

the price is already on the way to increase and I hope it will increase more higher in the coming months and earning through rising price is not the only way to earn with bitcoin but there are a lot of other ways available t earn faster money from bitcoins.
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October 10, 2016, 06:32:30 AM
 #1643

I think use bitcoin
because with bitcoin is very fast grow my money
yeah you are right that bitcoin growing our money too much faster because people invest their money in bitcoin ,bitcoin increasing its price too much faster and bitcoin is very profitable for anyone and bitcoin also growing my money very fast.

The days are gone when you used to make fast money from bitcoins, price is stable since long time and I don't think it will pump hugely in next couple of months but you can make quick money if you are trading altcoins.

the price is already on the way to increase and I hope it will increase more higher in the coming months and earning through rising price is not the only way to earn with bitcoin but there are a lot of other ways available t earn faster money from bitcoins.
Just be positive as before this year end we can see a greater price that would also affect our investment to profit, with that news it will have a great connection for the future that merchants will be adopting to bitcoin and customers will be using bitcoin for online transaction.

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bitlancr
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October 10, 2016, 07:07:02 AM
 #1644

it is safer to use, more convenient and harder to be lost. Its value is ambiguous too. So you can buy things when BTC's price is quite high. It's gives customers and advantage moneywise.

Indeed but I don't know if it's safer to use cause in the past already many bitcoins were hacked so it might be as safe as everyone believes.
But it is much more flexible and convenient to use so that may balance out the risk.
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October 10, 2016, 07:21:49 AM
 #1645

it is safer to use, more convenient and harder to be lost. Its value is ambiguous too. So you can buy things when BTC's price is quite high. It's gives customers and advantage moneywise.

Indeed but I don't know if it's safer to use cause in the past already many bitcoins were hacked so it might be as safe as everyone believes.
But it is much more flexible and convenient to use so that may balance out the risk.
yeah , you are right . through payment of bitcoin is easy but from card is somewhat complicated ( some times).
still there is always a risk in everything but in these two option bitcoin payment is more safe than credit or debit card .
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October 10, 2016, 07:54:36 AM
 #1646

Customers could use bitcoin for a few reasons, for one it's very easy to pay with it and very fast with low fees you could see all your transactions easily and make seperate wallets for seperate budgets so it makes saving money easier as well.
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October 10, 2016, 08:00:14 AM
 #1647

costumers would uyse bitcoins because they know that they can make moneyu with it if you are just using bitcoins for nonsince you wont make money with it because it if only for smart people an dnot for people who dont know what to do with it.
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October 10, 2016, 08:05:27 AM
 #1648

One reason is that they do not want to have their name involved.
When they buy access to adult sites for example.
So guaranteeing the anonimity of a user is a way of advertisement that could be used much more to increase the interest for bitcoins in general.

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October 10, 2016, 08:15:36 AM
 #1649

There can be many reasons behind using bitcoins as people can earn extra money from it which can help in making them more financial stable and it will also grow in long run.
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October 10, 2016, 08:32:33 AM
 #1650

There can be many reasons behind using bitcoins as people can earn extra money from it which can help in making them more financial stable and it will also grow in long run.
yeah . and another the best reason to use Bitcoin payment  , because of its beauty of privacy if transaction . and no limit of deal to make between buyer and sell and no taxation .
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October 10, 2016, 08:34:43 AM
 #1651

Most customers use it because they are hard core followers of bitcoins and they want it to get famous in their community. Then, it can also be because of the convenience them get. I don't know about other reasons...

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October 10, 2016, 08:37:27 AM
 #1652

There can be many reasons behind using bitcoins as people can earn extra money from it which can help in making them more financial stable and it will also grow in long run.

Besides that, it gives them privacy and anonymity which can be a big reason why customers would love to use it, because not everyone likes to give any information about themselves to everywhere they spend money so bitcoin can be of good use in that case.
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October 10, 2016, 08:39:37 AM
 #1653

There can be many reasons behind using bitcoins as people can earn extra money from it which can help in making them more financial stable and it will also grow in long run.

Besides that, it gives them privacy and anonymity which can be a big reason why customers would love to use it, because not everyone likes to give any information about themselves to everywhere they spend money so bitcoin can be of good use in that case.

Exactly privacy is the main reason why people are using it especially in gambling where you don't have to disclose your identity and no one around you will be aware that you are gambling with your money.

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October 10, 2016, 09:43:56 AM
 #1654

why customers using bitcoin? good question. customers using bitcoin because bitcoin is one of payment system that is very easy to use, very fast, and very simple. bitcoin can also be used to earn

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October 10, 2016, 09:48:40 AM
 #1655

why customers using bitcoin? good question. customers using bitcoin because bitcoin is one of payment system that is very easy to use, very fast, and very simple. bitcoin can also be used to earn
Yeah bitcoin holds upper hand when it comes to a  payment system and its much better in compare to other system as its convenient to use with minimum fees and fast transactions.
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October 10, 2016, 09:49:08 AM
 #1656

costumers would uyse bitcoins because they know that they can make moneyu with it if you are just using bitcoins for nonsince you wont make money with it because it if only for smart people an dnot for people who dont know what to do with it.
Do you have any idea what you are posting? how would a customer make money by buying anything with bitcoin?
Bitcoin is used mostly for convenience,fast transaction and anonymity
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October 10, 2016, 10:01:39 AM
 #1657

Aren't we the part of people? which people are you referring to? Most of us are not miners or early adopters but when we learnt about bitcoin,we adopted it.Similarly others will also adopt bitcoin when they learn about it.I think a major part of world population is unaware of bitcoin but with time everyone will adopt it
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October 10, 2016, 10:03:06 AM
 #1658

I think the businessman is not afraid but they don't know about bitcoin deeper. if they know more about bitcoin.
of course bitcoin user certainly is nice goals and targets for their products. I think ebay has the potential to expand and add new users of bitcoin. but I do not see the interest owner of ebay to adopt bitcoin
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October 10, 2016, 10:10:14 AM
 #1659

Customers would use bitcoin for anonymity, lower fees, fast transfer (worldwide). For me i love to see a digital currency just disappear or appear and it has a price.

Bitcoin is new type of payment, so it takes some tie to adapt and believe. some years ago many people were afraid to use ATM cards to take cash, then debit cards to purchase online. Now those became familiar and many using them, so will bitcoin become familiar and all fear on bitcoin will fade away and many would use bitcoin as their secondary currency.

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October 10, 2016, 01:35:31 PM
 #1660

Well, there are many reasons why customers using bitcoins and i think the most one is because fee on transaction using bitcoin is really small than other digital currencies.
Imagine people trying to shop in their local stores.

With Bitcoin you enjoy low fee transactions when you are spending them, but if you stick to using fiat, you don't pay any fees when buying things.

This is how non Bitcoiners will look at things. And on top of that, in order to spend Bitcoin, you have to buy it first.

and we don't have to pay for tax product fee that almost use in every product on local stores. because in one store with another store, there are different fee that we should spend. i think we can see this in many places for future after bitcoin reach on almost all countries and then we can use bitcoin to buy product in local stores.
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