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Author Topic: Why would customers use Bitcoins?  (Read 133882 times)
goinmerry
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October 19, 2016, 01:24:09 AM
 #1801

I use it mainly for online remittances as I leave abroad and I need to send money to my family on monthly basis and bitcoin has made it very easier for me as I can send it at any point of time with minimal fees.

Well for sure those people who have relatives abroad is going to see this as a good reason to try using bitcoin because this is going to help them to save some good amount for sending it and the receiver would receive it after a couple of minutes already. I have known some of my friends that started using bitcoin for remittance already and they're happy because it is tax free.
nice reasons, but those are reasons for bitcoin use. but why would a customer want to use bitcoin. in a store for example. also bitcoin is not tax free. or would you like to make the point that if a go to a store an buy a banana for a certain price (which usually includes taxes), but instead of fiat i use bitcoin and the store owner gives me a discount since bitcoin is tax free?


This reason is really going to encourage people who have relatives abroad to use bitcoin. Because that is what they work for to give their relatives to have a good life and even a single cent is able to help them to save. That is why many are going to love bitcoin and start to use it in future. Bitcoin is tax free there are just some miners fee.

Yes it is correct. Every penny counts. So why pick something that almost feel like they are stealing from you for some really high transaction fees. I know that well because I am doing it all the time. The higher you send the higher the fee. Whilr it is still the same money.
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tn211
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October 19, 2016, 02:09:25 AM
 #1802

Customers should use the bitcoin because it has a good worth and its also that it the future of it is good too.
You can use it anywhere and holding is profitable like a bank but more profitable.
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October 19, 2016, 04:37:16 AM
 #1803

Customers should use the bitcoin because it has a good worth and its also that it the future of it is good too.
You can use it anywhere and holding is profitable like a bank but more profitable.

Yup you can make money with it simply by holding it, and the money that you put in bitcoin will grow in long run and I don't think that is possible with any other currency.
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October 19, 2016, 04:47:48 AM
 #1804

Customers should use the bitcoin because it has a good worth and its also that it the future of it is good too.
You can use it anywhere and holding is profitable like a bank but more profitable.

Yup you can make money with it simply by holding it, and the money that you put in bitcoin will grow in long run and I don't think that is possible with any other currency.
that's one of the advantage that attract me to invest with bitcoin knowing that the price will increase anytime and the fluctuation will allow us to earn.
greBit
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October 19, 2016, 04:54:56 AM
 #1805

Customers should use the bitcoin because it has a good worth and its also that it the future of it is good too.
You can use it anywhere and holding is profitable like a bank but more profitable.

Yup you can make money with it simply by holding it, and the money that you put in bitcoin will grow in long run and I don't think that is possible with any other currency.
that's one of the advantage that attract me to invest with bitcoin knowing that the price will increase anytime and the fluctuation will allow us to earn.

The only issue in holding is that we never know price will go higher and what is the best price to sell them to collect profits but no doubt its an safe way to make profits from bitcoins.
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October 19, 2016, 04:58:43 AM
 #1806

People use bitcoin because of a lot of reasons,  the security of bitcoin is a very good reason.Also the anonymousity of bitcoin, pay with bitcoin since it doesn't register to any name or any personal information.
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October 19, 2016, 05:07:34 AM
 #1807

maybe customers see that bitcoin is a good investment beside of gold and they hold it for a moment, waiting for good price to sell it. although there are any down and up for the price, they still no worried to use bitcoin. the only matter that they worried is if bitcoin price is suddenly down too deep than they buying before and they can not make a profit.

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JITENDERPAR3
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October 19, 2016, 05:07:49 AM
 #1808

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?
first of all i will ask you why not to use Bitcoin .
because there are no more reason to not to use the bitcoin .
actually it is protective way of payment and secret way to payment and save money without paying extra charge as an government tax .
overall in the future this huge payment charge will became less because of its publicity .
JessicaSe
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October 19, 2016, 05:27:08 AM
 #1809

I don't know about others but I mainly use them for online remittances as it very convenient and it involves very less fees in compare to banks and other payment methods like WU and credits are instant.
freedomgo
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October 19, 2016, 05:56:32 AM
 #1810

I don't know about others but I mainly use them for online remittances as it very convenient and it involves very less fees in compare to banks and other payment methods like WU and credits are instant.
Actually I am also using bitcoin as a form of remittance as I regular send money to my wife in our province, I work in the city and we are far apart but because of bitcoin I can easily send money without a lot of requirements to do so, I can use my exchange site account to send money thru banks.

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October 19, 2016, 06:03:30 AM
 #1811

I don't know about others but I mainly use them for online remittances as it very convenient and it involves very less fees in compare to banks and other payment methods like WU and credits are instant.
Actually I am also using bitcoin as a form of remittance as I regular send money to my wife in our province, I work in the city and we are far apart but because of bitcoin I can easily send money without a lot of requirements to do so, I can use my exchange site account to send money thru banks.
I don't get it. I don't get why Bitcoin has less transaction fees, can you tell me why? Because I have never been charged by my wallet by sending Bitcoin to other wallet addresses directly. Also the only time they charged me with something is when I convert my money to fiat by way of door-to-door deliver but other than that it is free like bank deposits and cardless atm withdrawals.
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October 19, 2016, 06:27:12 AM
 #1812

Indeed, by using bitcoin we would be charged 3 percent and it was very reasonable in my opinion. While the credit card we have to pay the bill and it could swell if we are not good at managing finances. Cost of 3 per cent in my opinion it is still reasonable and even still relatively low. If talk about the benefits bitcoin more useful, because we can invest in bitcoin while on a credit card we can not.
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October 19, 2016, 07:20:28 AM
 #1813

Costumers are using the biutcoin allot and for the strangest things i can tell you and there are also allot of people who are using the bitcoin for other things
and most of the time that are just bad things.
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October 19, 2016, 08:01:27 AM
 #1814

Costumers are using the biutcoin allot and for the strangest things i can tell you and there are also allot of people who are using the bitcoin for other things
and most of the time that are just bad things.
no it is not right to say that most of the time people use bitcoin for bad, i think there will be a very little number of people who may be using bitocin for bad things but mostly people use it for good deeds.
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October 19, 2016, 08:04:46 AM
 #1815

I don't know about others but I mainly use them for online remittances as it very convenient and it involves very less fees in compare to banks and other payment methods like WU and credits are instant.
Actually I am also using bitcoin as a form of remittance as I regular send money to my wife in our province, I work in the city and we are far apart but because of bitcoin I can easily send money without a lot of requirements to do so, I can use my exchange site account to send money thru banks.
I don't get it. I don't get why Bitcoin has less transaction fees, can you tell me why? Because I have never been charged by my wallet by sending Bitcoin to other wallet addresses directly. Also the only time they charged me with something is when I convert my money to fiat by way of door-to-door deliver but other than that it is free like bank deposits and cardless atm withdrawals.

That is what above mates are trying to say that they need to pay certain fees to traders when they sell their coins and transfers to their banks accounts but that fees is too low if you compare to other payment methods.
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October 19, 2016, 04:45:22 PM
 #1816

If for me, the interest of using bitcoin in the first place is its price and because I believe in its increase, then I will not melt with bitcoin. But there are other benefits for those who use bitcoin. Perhaps this anonymity.
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October 19, 2016, 04:57:07 PM
 #1817

Customers should use bitcoins it gives them total control on their money and they can have their own bank in the form of bitcoin wallet and because bitcoin transactions are available 24/7.
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October 19, 2016, 05:18:55 PM
 #1818

If for me, the interest of using bitcoin in the first place is its price and because I believe in its increase, then I will not melt with bitcoin. But there are other benefits for those who use bitcoin. Perhaps this anonymity.
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October 19, 2016, 05:24:04 PM
 #1819

People use bitcoin because of a lot of reasons,  the security of bitcoin is a very good reason.Also the anonymousity of bitcoin, pay with bitcoin since it doesn't register to any name or any personal information.

That advantage of bitcoin actually works well mostly for gamblers where they can be anonymous for gambling and no one would know if who is gambling and who is not if they are using bitcoins because it is anonymous.
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October 19, 2016, 05:27:16 PM
 #1820

Customers should use bitcoins it gives them total control on their money and they can have their own bank in the form of bitcoin wallet and because bitcoin transactions are available 24/7.
Yeah bitcoin is easy to use any many features we like than paypal.. honestly i am always halving problem about paypal like we can not send money right now i am halving this when i was sending funds in my friends..

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