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Author Topic: Why would customers use Bitcoins?  (Read 133882 times)
sallymeeh27
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March 21, 2016, 03:53:49 PM
 #501

Customers would rather use bitcoin instead and this is because of the flexible transaction that it can offer. This is a safety method of doing business transaction nowadays. There is no tax that we have to pay when doing business and it has a fastest method unlike other payment. They can never be stealing as safest method that we can use.

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March 21, 2016, 04:18:44 PM
 #502

I believe people think creditcards are easier to use.
you're right, because it is very easy to carry, and in any place as long as there is still a loan, it must still be used, such as bitcoin, which can be used anywhere if you have a wallet in smarthphone
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March 21, 2016, 05:03:11 PM
 #503

I believe people think creditcards are easier to use.
you're right, because it is very easy to carry, and in any place as long as there is still a loan, it must still be used, such as bitcoin, which can be used anywhere if you have a wallet in smarthphone

Nope bitcoin cant be used any anywhere because there is no legal shop that accept bitcoin right now compared to having a credit card.
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March 21, 2016, 05:16:09 PM
 #504

Easy to use, no need physical unit like real money, you can use bitcoin with your phone, only need internet when do transaction and small fee. i think that's all make why costumers use bitcoins.
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March 21, 2016, 10:07:45 PM
 #505

I think low fee,quick transaction,and universality of Bitcoin is the reasons customers should prefer bitcoin.With bitcoin you dont need to convert even if you send it abroad
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March 21, 2016, 10:09:30 PM
 #506

because of the low fees, anonymity, and good investment.
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March 21, 2016, 10:24:05 PM
 #507

because of the low fees, anonymity, and good investment.

Yes, in fact there is a lot of powerful features encouraging people to use the Bitcoin instead using fiat and other currencies
Bitcoin is offering decentralized financial service as well
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March 21, 2016, 11:17:38 PM
 #508

It is a simple and efficient way to do transaction and especially for customer that do transaction online, they don't need any credit card or personal info to purchase the things that they wanted
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March 21, 2016, 11:26:08 PM
 #509

because of the low fees, anonymity, and good investment.

Low fees is true, but when you look at the huge amount of micro transactions, then you'll realize that 0.0001 standard fee won't get your transaction confirmed within 2 blocks in some cases. I had a few high priority transactions with the 0.0001 fee included, and they took more than 3 blocks to confirm. It may be due to the mempool transactions were piling up at that time, but it shows that low transaction fees are not always true.
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March 21, 2016, 11:39:08 PM
 #510

It is a simple and efficient way to do transaction and especially for customer that do transaction online, they don't need any credit card or personal info to purchase the things that they wanted

Yes ,simple and reliable .many debit or online wallets accept bitcoins then we can convert if like btc to euro ,btc to US dollars and vice versa a fast transactions also a low fees to transfer bitcoins from time to time.

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March 22, 2016, 12:44:05 PM
 #511

because of the low fees, anonymity, and good investment.

Low fees is true, but when you look at the huge amount of micro transactions, then you'll realize that 0.0001 standard fee won't get your transaction confirmed within 2 blocks in some cases. I had a few high priority transactions with the 0.0001 fee included, and they took more than 3 blocks to confirm. It may be due to the mempool transactions were piling up at that time, but it shows that low transaction fees are not always true.
Bitcoin is the most secured way to pay ,as you stated low fees will require an extra time to confirm transaction,something that over the years may changes to instant killing the delay between send and receive.But bitcoin has its advantages,the volatility is one, soo you may purchase an item with lets say around 20% less ,that would cost to you with fiat.
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March 24, 2016, 09:35:58 AM
 #512

It is a simple and efficient way to do transaction and especially for customer that do transaction online, they don't need any credit card or personal info to purchase the things that they wanted

That is true, and that is the most amazing thing, as you said if a customer shops online then bitcoin is a very easy and safe thing for him/her as it doesnt require any personal information for paying for something, all you need to do is just to send the money from your wallet and you are done.
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March 24, 2016, 09:42:59 AM
 #513

Three things(maybe more, but I'll list three of them):

1. Faster transactions than with fiat

2. Lower transaction fee

3. Anonimity (which is a good thing sometimes, for example when you are buying Valentine's present for your secret lover  Wink )

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n0ne
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March 24, 2016, 10:02:44 AM
 #514

How huge the value might be, it can be transacted within minutes without much transaction fee.

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kartel616
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March 24, 2016, 10:49:02 AM
 #515

This is awesome money you can trading, purchase, gambling, invested, and many other just with bitcoin
cutomers must use bitcoin

Agreed with this comment, bitcoin is simple, easy for use.

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March 24, 2016, 11:01:01 AM
 #516

How huge the value might be, it can be transacted within minutes without much transaction fee.


This is a good thing about bitcoin no hassle of waiting for days just to transfer funds from one account to another.
n0ne
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March 24, 2016, 12:01:17 PM
 #517

How huge the value might be, it can be transacted within minutes without much transaction fee.


This is a good thing about bitcoin no hassle of waiting for days just to transfer funds from one account to another.

Yeah no need to wait for days as well if requires a mediator but bitcoin doesn't need that. We itself can make the transaction without any intermediate.

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Steve_Tou
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March 24, 2016, 12:15:33 PM
 #518

No banks required, lastly an additional choice rather than your usual payment method.

A scam will be a scam.
It won't sustain in long run, cause they can't make $ for you at all, they don't have any business model or investment plans to make money grows.
All they did is use other people's $ to pay other users, so those who earned $ is just from other victims... in short a vicious cycle.
People KNEW, but they just dump their $ in hoping for a miracle.

Maybe I have to give another example for people who can't understand.
It's like- Going down to dirty sewers looking for fresh air.
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March 24, 2016, 12:21:00 PM
 #519

Actually you still pay using credit card. They have a percentage to how much did you spend using it. You think they will stay in business without any payment??!! Bitcoin has a low transaction fee with just a press/click. Adding to this it's much safer and faster to transfer funds.
For now, there's not much stores accepting bitcoin than stores accepting credit card.
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March 24, 2016, 12:34:10 PM
 #520

No banks required, lastly an additional choice rather than your usual payment method.
yeah
I doubt you will depend on bitcoin only because at this point I think is still lacking support to simply use bitcoin. you'd know why the reason
we must admit we still need banks and fiat bank is required
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