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Author Topic: Why would customers use Bitcoins?  (Read 133882 times)
iamthesky
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February 23, 2016, 10:30:43 PM
 #381

I think it can be a good investment for future, so buying at a moment is good thing, so if people views it as a good investment tools, they would start investing their money into it.
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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February 24, 2016, 07:55:30 PM
 #382

for  worldwide customer it is more efficient and safer because they dont need to use credit card and also the transaction is fast

so its really recommended to use bitcoin as transaction
Yes. We use bitcoin because of it's safety and good security and one other reason many customers use bitcoin because there are thousands of way to earn money with bitcoin.

The way to earn bitcoin is quite a lot. I do not count the faucet as a way to earn any money.
Using bitcoins in all the transaction will make the market more popular for the bitcoins lovers and in turn will benefit us.

The usage of bitcoin in daily buying and selling of the goods is good for the adoption of the bitcoin. So we should do that.
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February 24, 2016, 09:13:17 PM
 #383

If the retailer can offer a discount for using Bitcoin, which they could if they aren't paying the 2-3% transaction fees charged by credit cards, the 3 cent transaction fee will look like squat in comparison. When a typical customer might be buying $100 worth of groceries through the next week, it adds up to where most people would barely blink at the transaction fee if they're getting a discount that makes up for it.

If they're international customers, tourists or whatever, they might use Bitcoin to get around having to deal with exchange rates and those currency exchange places that charge a premium for the service.
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February 24, 2016, 09:25:25 PM
 #384

I think it can be a good investment for future, so buying at a moment is good thing, so if people views it as a good investment tools, they would start investing their money into it.

I think you are right, they will see money in it, they only need to know the bitcoin, we have to attract them to use the bitcoin, bitcoin is a very good investment.
I people would invest right now they gonna make a lot of profit later, and the starters do not need a lot of experience with the bitcoin because the bitcoin is easy to get if you ask me.

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March 01, 2016, 01:11:16 PM
 #385

I think it can be a good investment for future, so buying at a moment is good thing, so if people views it as a good investment tools, they would start investing their money into it.

I think you are right, they will see money in it, they only need to know the bitcoin, we have to attract them to use the bitcoin, bitcoin is a very good investment.
I people would invest right now they gonna make a lot of profit later, and the starters do not need a lot of experience with the bitcoin because the bitcoin is easy to get if you ask me.

Bitcoin is a very good investment if the price is not too volatile. From 2013 to 2015, the price changed too much.

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MaritiJames3
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March 01, 2016, 02:37:26 PM
 #386

for  worldwide customer it is more efficient and safer because they dont need to use credit card and also the transaction is fast

so its really recommended to use bitcoin as transaction
Yes. We use bitcoin because of it's safety and good security and one other reason many customers use bitcoin because there are thousands of way to earn money with bitcoin.

The way to earn bitcoin is quite a lot. I do not count the faucet as a way to earn any money.
Using bitcoins in all the transaction will make the market more popular for the bitcoins lovers and in turn will benefit us.
That is good. I hope that more people will use Bitcoin, so they can see how good bitcoin works and that will be good.
And the best thing is that the value must rise. That will be so good. But you never know what can happen.
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March 01, 2016, 09:18:11 PM
 #387

I think it can be a good investment for future, so buying at a moment is good thing, so if people views it as a good investment tools, they would start investing their money into it.

I think you are right, they will see money in it, they only need to know the bitcoin, we have to attract them to use the bitcoin, bitcoin is a very good investment.
I people would invest right now they gonna make a lot of profit later, and the starters do not need a lot of experience with the bitcoin because the bitcoin is easy to get if you ask me.

Bitcoin is a very good investment if the price is not too volatile. From 2013 to 2015, the price changed too much.

In percentage terms, the price has always varied by that much I think.  The numbers were bigger because its grown and also more people use it so its more highly valued but I think it was always up and down like that.
I dont know investment is the correct word for holding currency, its a hedge to your dollars or other currency because it can be spent anywhere on these digital type goods so it holds a universal worth and so should vary from dollar.  Generally of course we have seen price rise, seems natural as more products can be used with this token currency as internet grows.
  I still wont call it investment, others say its a commodity and thats closer to it so like some coal its useful when you need it, keep some but not too much as you cant eat it :p

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Mitchow
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March 01, 2016, 09:56:55 PM
 #388

for  worldwide customer it is more efficient and safer because they dont need to use credit card and also the transaction is fast

so its really recommended to use bitcoin as transaction
Yes. We use bitcoin because of it's safety and good security and one other reason many customers use bitcoin because there are thousands of way to earn money with bitcoin.

The way to earn bitcoin is quite a lot. I do not count the faucet as a way to earn any money.
Using bitcoins in all the transaction will make the market more popular for the bitcoins lovers and in turn will benefit us.
That is good. I hope that more people will use Bitcoin, so they can see how good bitcoin works and that will be good.
And the best thing is that the value must rise. That will be so good. But you never know what can happen.


Yeah, we never know what would be the price of bitcoin in future, but the price is rising at a moment and we hope that it continues to go higher in future too.
dragonusa9
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March 02, 2016, 07:28:41 PM
 #389

The way to earn bitcoin is quite a lot. I do not count the faucet as a way to earn any money.
Using bitcoins in all the transaction will make the market more popular for the bitcoins lovers and in turn will benefit us.
That is good. I hope that more people will use Bitcoin, so they can see how good bitcoin works and that will be good.
And the best thing is that the value must rise. That will be so good. But you never know what can happen.
Yeah, we never know what would be the price of bitcoin in future, but the price is rising at a moment and we hope that it continues to go higher in future too.
Bitcoin price is fluctuate, sometimes price go higher and that make prices slightly cheaper than usual
along with anonymous and easy transaction with other more benefits
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March 02, 2016, 07:31:20 PM
 #390

I think bitcoin gives people opportunity to make some good money in short time, as the price keeps on fluctuating, the amount that you hold now can be doubled in next few years, and no other currency holds this feature.
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March 02, 2016, 07:37:29 PM
 #391

I think bitcoin gives people opportunity to make some good money in short time, as the price keeps on fluctuating, the amount that you hold now can be doubled in next few years, and no other currency holds this feature.
I think Bitcoin gives the potential to earn a small amount of money over a short time, but it also takes a long time for someone to make a recovery from any loss they may have had during some sort of fluctuation in the market.

I think it is far easier to see someone's confidence waver during a low period, somewhat evidenced by the recent downturn a few weeks ago.
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March 03, 2016, 02:09:29 PM
 #392

Because it is much cheaper, Creditcard fees are high and has a risk of being vulnerable in every site you use them on, PayPal fees are not serious on business transactions. I think Bitcoins has many advantages over it's competitors.
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March 03, 2016, 02:12:29 PM
 #393

Because it is much cheaper, Creditcard fees are high and has a risk of being vulnerable in every site you use them on, PayPal fees are not serious on business transactions. I think Bitcoins has many advantages over it's competitors.

This is correct but we must admit that bitcoin does have lots of issues and problems, eg. blocksize, bandwidth consideration, "unregulated & not backed", etc etc.

It is up to the community to work together with a common goal of making bitcoin success.

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March 03, 2016, 02:23:18 PM
 #394

Because it is much cheaper, Creditcard fees are high and has a risk of being vulnerable in every site you use them on, PayPal fees are not serious on business transactions. I think Bitcoins has many advantages over it's competitors.

This is correct but we must admit that bitcoin does have lots of issues and problems, eg. blocksize, bandwidth consideration, "unregulated & not backed", etc etc.

It is up to the community to work together with a common goal of making bitcoin success.

You are right but this will be come good at the end of this journey, its just a matter of time before the bitcoin will get bigger.
Also the fact why they should use it, is because its fast/secure and also self controllable.
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March 03, 2016, 03:11:29 PM
 #395

You do pay fees using creditcards and even debitcards, There are fees on each transaction on most of the creditcards at least worldwide, You pay more than 30 cents plus a percentage for a regular PayPal transaction.
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March 03, 2016, 04:25:41 PM
 #396

Getting free and low cost items is a big motive for using a payment method on the other, I think the stores should offer incentives for using bitcoin over the other methods and pay the fees they save on these incentives...
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March 03, 2016, 04:32:43 PM
 #397

Customers using bitcoins will make bitcoin reach more users, also the users will gwt benefitted with the low transaction charge. Now little by little many store had started accepting bitcoins.
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March 03, 2016, 05:57:25 PM
 #398

Well, it's very obvious reason.
If you are very young, unemployed and can't open bank account, get debit or credit card etc. but want to buy some digital services or products online, what is your choice?
Only bitcoin.
Other reasons are safety, anonymity, fast confirmation etc.
For sellers is much more easy to accept bitcoin as payment option than, for example, credit cards or Paypal.

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March 03, 2016, 07:47:51 PM
 #399

Well, it's very obvious reason.
If you are very young, unemployed and can't open bank account, get debit or credit card etc. but want to buy some digital services or products online, what is your choice?
Only bitcoin.

In 99.9% of the cases, the only option is prepaid credit card. Or parents. Or friends.
Because most online retailers do not accept BTC.
How is it you can't have a bank account, anyhow? Where do you live/what have you done?
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March 03, 2016, 07:53:36 PM
 #400

Well, it's very obvious reason.
If you are very young, unemployed and can't open bank account, get debit or credit card etc. but want to buy some digital services or products online, what is your choice?
Only bitcoin.

In 99.9% of the cases, the only option is prepaid credit card. Or parents. Or friends.
Because most online retailers do not accept BTC.
How is it you can't have a bank account, anyhow? Where do you live/what have you done?

I don't talk about myself but just shared example from my friend.

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