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Author Topic: Why would customers use Bitcoins?  (Read 133882 times)
BartS
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March 03, 2017, 08:17:11 AM
 #2001

I think they may do so for privacy purposes.
What user privacy? If buying porn or avoid payment of taxes that is another matter.
The only way to get some privacy with bitcoin is to mix your coins that way you can avoid getting your transactions linked to you or you could get one of those coins that have anonymity features already integrated in the coin.
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s0nix
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March 03, 2017, 08:46:26 AM
 #2002

Easy to use and fast.
No bank account required.
Besides, I have full control.


Gilf
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March 04, 2017, 08:54:41 PM
 #2003

Easy to use and fast.
No bank account required.
Besides, I have full control.



To be honest, I even find it difficult to answer this question, because I do not have to use bitcoin as a currency. For me bitcoin only items, with the help of the money I earn. But shopping or other things I have not yet carried out.
Jukagid
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May 13, 2017, 07:52:27 AM
 #2004

I think they may do so for privacy purposes.
What user privacy? If buying porn or avoid payment of taxes that is another matter.
The only way to get some privacy with bitcoin is to mix your coins that way you can avoid getting your transactions linked to you or you could get one of those coins that have anonymity features already integrated in the coin.

Do you think Zcash can provide those functions?
Eternu
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May 13, 2017, 10:45:16 AM
 #2005

I think they may do so for privacy purposes.
What user privacy? If buying porn or avoid payment of taxes that is another matter.
The only way to get some privacy with bitcoin is to mix your coins that way you can avoid getting your transactions linked to you or you could get one of those coins that have anonymity features already integrated in the coin.

Do you think Zcash can provide those functions?
I think everything can be traced, and when i mean everything i mean some traces will be harder to trace than other. But why would some person be concerned about privacy when paying in bitcoins, to some shop? I mean, when you pay with Fiat money you are not concerned, or with plastic cards... Only people who are concerned about privacy are those people who are doing something illegal.
Palmerson
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May 13, 2017, 11:07:15 AM
 #2006

Easy to use and fast.
No bank account required.
Besides, I have full control.



To be honest, I even find it difficult to answer this question, because I do not have to use bitcoin as a currency. For me bitcoin only items, with the help of the money I earn. But shopping or other things I have not yet carried out.
A new virus which struck Europe requires payment in bitcoins to unlock the computer. So now everyone should have bitcoins, just in case. This is another application of bitcoin that will continue to gain momentum.

 
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findingthemoon
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May 13, 2017, 12:04:55 PM
 #2007

The only people that get bitcoin to buy services are people doing something illegal, or paranoid people. In reality the legitimate users using bitcoin are those who bought it as an investment and would rather use their profits from the price rise to buy goods directly rather than convert it back to USD or whatever other currency they use.
airdnasxela
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May 13, 2017, 04:07:10 PM
 #2008

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?
Simply, fast transaction, anonymous, secured, private, and no one can control it. Also, no ther currency needed for making transaction globally.
uanode
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May 13, 2017, 04:28:35 PM
 #2009

Actually, 70% of customers of our DC pay their bills with Bitcoin, it does really show the actual ask for that currency.
Eternu
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May 14, 2017, 07:15:20 PM
 #2010

Easy to use and fast.
No bank account required.
Besides, I have full control.



To be honest, I even find it difficult to answer this question, because I do not have to use bitcoin as a currency. For me bitcoin only items, with the help of the money I earn. But shopping or other things I have not yet carried out.
A new virus which struck Europe requires payment in bitcoins to unlock the computer. So now everyone should have bitcoins, just in case. This is another application of bitcoin that will continue to gain momentum.
This new virus that you talk about, i have heard about it. But i hope i will not encounter it, not ever. Bitcoin is getting stronger day by day, and it is only natural to see that bad people have started exploiting things. Bitcoin have bright future ahead of it. But i think that it will all pass and bitcoin will still continue to live, and people will start using it on daily basics. This virus will have bad influence on bitcoin reputation, but i hope that more and more stores will continue accepting bitcoin as payment.
BADecker
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May 14, 2017, 08:32:38 PM
 #2011

Why would customers use Bitcoins?

We haven't figured this out yet, and the customers haven't, either.

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szpalata
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May 15, 2017, 07:19:20 PM
 #2012

What else apart from to procure goods and services, I think this transaction fees shouldn't be the hindrance for people to be able to use Bitcoin .
canvan
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May 15, 2017, 07:34:17 PM
 #2013

What else apart from to procure goods and services, I think this transaction fees shouldn't be the hindrance for people to be able to use Bitcoin .

It already is, but segwit + lightning network promises to alleviate this issue, hopefully it won't take too long for it to get adopted.
minhlong357200
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May 16, 2017, 09:28:52 AM
 #2014

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?
daronch
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May 17, 2017, 03:29:59 AM
 #2015

I think, firstly, only people with bitcoin would use it. So the question should be why do people have bitcoin?
semogasukses150
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May 17, 2017, 01:54:24 PM
 #2016

Because most services which accepts bitcoin now are not asking about my name, address or credit card number.
In addition I am sure that no one will hack their data base and steal my personal data, credit card and use it later.
Eternu
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May 17, 2017, 02:03:42 PM
 #2017

Because most services which accepts bitcoin now are not asking about my name, address or credit card number.
In addition I am sure that no one will hack their data base and steal my personal data, credit card and use it later.
You have a good point there. Everything you wrote is truth, and i agree with you totally. In my environment i know only two kind of people, those that are paranoid about there personal info, and those who do not care enough about it. But i think that their are bout wrong things to do. Personal information have great deal in day to day life, and it could lead to even greater scams. It is important to keep it as secure as possible, like you said.
goldenchip
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May 29, 2017, 10:04:44 PM
 #2018

The ease of creating an account and make transactions without having to ask permission from anyone are reasons enough for me to use it.

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cybersofts
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May 31, 2017, 01:20:50 PM
 #2019

Bitcoin is better and safer than Credit cards more secure. No charge backs with Bitcoins! Bitcoin is truly the currency of the future Cheesy
Kamarah
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May 31, 2017, 03:33:40 PM
 #2020

Because it is fast and more convenient for online payment or cyber payment. Moreover, you can use bitcoin in many countries

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