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Author Topic: Why would customers use Bitcoins?  (Read 133882 times)
qiwoman2
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March 18, 2016, 06:19:23 AM
 #441

The more people are aware of it and use it and it circulates more, then it is good for all the holders as it will keep the price stable or rising. Also it's far safer to use than paper money as well and easier to transfer than many other payment processors which charge exorbitant fees in the process as well.


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March 18, 2016, 06:39:43 AM
 #442

I think this question is much related to an atm/credit card, people who uses them doesnt want to have paper money in their pocket or doesnt have any.
Much like bitcoin its convenient if you could have so much money in your hand without having your hands full.

Most consumer like it handy,like if you are on a date you would only need credit card to pay bills,if there was a restaurant that accept bitcoin then i guess consumer will use it.
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March 18, 2016, 06:34:51 PM
 #443

It will be better if we would endorse or encourage customers to use bitcoin instead of money or their currency. As to somehow that this is same with money it would not require them any tax incurred once they have any business transaction possible. Less time other than banking system and safest method of business, this cannot be steal or the risk of holding a big amount of money..
Yeah the best features I like in that is transactions in  much less time and my most favourite feature in that is we can now hold a big amount of money with us without any risk and insecurity.

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March 18, 2016, 07:08:33 PM
 #444

You need to see both merchant and costumers,credit cards banks you have a fee montly,merchants pays a fee at each transaction they got.Bitcoin you pay a fee  3 cents nothing else,its instant,and should lower the price of the things,against others services as paypal,atleast online the discount should come together with bitcoin.Costumers doesnt like to much bitcoin because they cant have a refund if the product bought is damaged,can be scammed easy thats why the most avoid buy with it,at the moment.
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March 18, 2016, 07:29:05 PM
 #445

It will be better if we would endorse or encourage customers to use bitcoin instead of money or their currency. As to somehow that this is same with money it would not require them any tax incurred once they have any business transaction possible. Less time other than banking system and safest method of business, this cannot be steal or the risk of holding a big amount of money..
Yeah the best features I like in that is transactions in  much less time and my most favourite feature in that is we can now hold a big amount of money with us without any risk and insecurity.

Yes you can hold the maximum number of coins in our wallet and no one would be aware about it and it will be most useful when you are traveling across the globe.
ahpku
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March 18, 2016, 07:36:29 PM
 #446

... I have saved hundreds of dollars in credit card fees so far this year using BTC. ...
100% totally not made-up bullshit!

... Yes you can hold the maximum number of coins in our wallet and no one would be aware about it and it will be most useful when you are traveling across the globe.

What, exactly, are you planning to do with bitcoins "when you are traveling across the globe"? Surely not buy things you need in unfamiliar places with sketchy internet access and sketchier people?
A credit card, OTOH...
umaOuma
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March 18, 2016, 09:27:29 PM
 #447

If people are aware about bitcons and the benefits associated with it they will surely use bitcoins  and if they are not then its our responsibility to introduce them to it.
hangar18
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March 18, 2016, 11:23:54 PM
 #448

Why would customers use Bitcoins?
There is many reasons Bitcoin is decentralized and the fees are less than other payment processors
ronaldinho_07
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March 18, 2016, 11:32:57 PM
 #449

Fees are lower then others payment processors the thing is will the stores accept bitcoin as payment on the country they present at?Or would the bitcoiners people have to go with a card or get some fiat at the atm machines around the world to being able to use and pay with bitcoin ,by fiat exchange.
GermanFoobla
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March 18, 2016, 11:57:07 PM
 #450

Customers could use the bitcoin, due to the point its fast and easy for transactions and also very secure.
You could encourage them by doing some actions with some discounts, its also that they can their money controlled by themselves.
draceus
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March 19, 2016, 04:35:26 AM
 #451

Customers should use the bitcoin because its an easy payment and its also the fact is easy to use with payments.
One of the best things is also that its better secured and also self controllable.

yes i agree with you friends customer use bitcoin because when customer use bitcoin he feel very comfortable and very low fees when sending money our country that time transaction fees is very low when any shopping bill have customer payment time is also very easy with bitcoin

romero121
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March 19, 2016, 08:20:48 AM
 #452

Just to increase the usage of bitcoin every customer needs to use bitcoins. Only if the usage increases the bitcoin acceptance in online stores increases leading to high adoption.
stromma44
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March 19, 2016, 08:25:00 AM
 #453

Just to increase the usage of bitcoin every customer needs to use bitcoins. Only if the usage increases the bitcoin acceptance in online stores increases leading to high adoption.

But firstly we should make aware to the shops that there is a payment method called bitcoin, unless we don't tell them they won't know the fact.
richmcrich
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March 19, 2016, 10:23:49 AM
 #454

I think the fact that the fees is not a must part of BTC, you can make a transaction with no fees but would take ages to confirm, The most useful advantage would be the convenience in term of privacy IMO (Things you wouldn't want in your CC record) and in industries with some different opinions about it (Gambling etc...). These are all bitcoin advantages.
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March 19, 2016, 10:57:11 AM
 #455

CreditCards fees may be much more than bitcoins in most cases, I think the 3 cent for transaction fee is very decent and not expensive for the user, Bitcoin is also easier and faster to use IMO.
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March 19, 2016, 11:01:23 AM
 #456

One of it's advantages is because you don't have to bring tangible bills and coins and you don't have to worry about robbers because you don't have any bills and coins that they want to rob. lol
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March 19, 2016, 11:55:06 AM
 #457

I use my bitcoins as a store of wealth and a transfer of value.
Rght now bitcoin offers not much more then that, but later in life it will change the world and open up many possibilities.
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March 19, 2016, 01:35:38 PM
 #458

as a customer i would prefer it if i could use bitcoin mostly because of the fees. the only fee that i have to pay while using bitcoin is a tiny fee to the miners but if i use a payment processor for fiat i have to pay much more fees. and paying these fees multiple times a month would sum up to a considerable amount.

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March 19, 2016, 04:25:57 PM
 #459

Customers don't see any CC fees, the fees are paid by the merchant. The customer only sees that with CC, he could chargeback if anything goes wrong. And, of course, the money he's spending is on free loan from the CC, so there's that.

Merchants offering substantial discounts for BTC payments (to reflect the money they are purportedly losing to CC fees/chargebacks) would motivate bitcoin use, but they rarely do.

Most of the time customers don't see any credit card fees, but some local shops charge about +3% when paying with credit/debit card which is much more honest, although it discourages to use the credit cards there. So it all come to human psychology, when you have to pay +3% on top of the purchased goods versus no fee indicted but included in every purchased item whether you pay with cash or credit/debit card.
The credit card is loaded with your bank so whenever you transact there through bank there are large number of fees and taxes charged on you also. That is why we prefer bitcoin in order to stay away from bank fees.

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March 19, 2016, 05:23:01 PM
 #460

Customers don't see any CC fees, the fees are paid by the merchant. The customer only sees that with CC, he could chargeback if anything goes wrong. And, of course, the money he's spending is on free loan from the CC, so there's that.

Merchants offering substantial discounts for BTC payments (to reflect the money they are purportedly losing to CC fees/chargebacks) would motivate bitcoin use, but they rarely do.

Most of the time customers don't see any credit card fees, but some local shops charge about +3% when paying with credit/debit card which is much more honest, although it discourages to use the credit cards there. So it all come to human psychology, when you have to pay +3% on top of the purchased goods versus no fee indicted but included in every purchased item whether you pay with cash or credit/debit card.
The credit card is loaded with your bank so whenever you transact there through bank there are large number of fees and taxes charged on you also. That is why we prefer bitcoin in order to stay away from bank fees.

Yes also when you transact money from credit card it store your info while using bitcoins no info is stored also it has lower fees.
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