Why would customers use Bitcoins?

[Erzatium]

Yes. It will be so nice if there will be more people will use Bitcoin as a payment method, so you will make Bitcoin more popular.
And that can be very good, you can see that the world is becoming more modern also and that is perfect.
The only thing is that Bitcoin must be more acceptable later so we can spend it more.

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[Hugroll]

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?

thats a good point, which is why i don't use bitcoin in person when i can just use a credit. but i do use bitcoin online cuz its just much safer than credit credit, and a lot more anonymous.

[Imoote]

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?

thats a good point, which is why i don't use bitcoin in person when i can just use a credit. but i do use bitcoin online cuz its just much safer than credit credit, and a lot more anonymous.

Yes very true because I think bitcoin very easy. Transactions of bitcoin too fast and does not require a long time for very little cost, of course. Maybe it was the cause of many costumers who use bitcoin.

[simonloff]

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.

Totally agree, I seen the sometimes extremely slow nature of conducting bank to bank transfers and specially world wide transactions, Bitcoin needs just a click and few minutes for confirmations which is great IMO.

[Aamir1]

Yes. It will be so nice if there will be more people will use Bitcoin as a payment method, so you will make Bitcoin more popular.
And that can be very good, you can see that the world is becoming more modern also and that is perfect.
The only thing is that Bitcoin must be more acceptable later so we can spend it more.

Ofcourse in future many more people will use bitcoin when it will be adopted by many places, and when it is accepted by many places then customers will start using it and that will help bitcoin grow more in coming time.

[tyz]

Agree too! Low transaction fees are one of many advantages Bitcoin and crypto currencies in common have.
Just remember that refugees in Europe which want to send some money to their relatives have to pay up to 30% in fees. This is ridiculous and shows what potential Bitcoin could have.

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.

Totally agree, I seen the sometimes extremely slow nature of conducting bank to bank transfers and specially world wide transactions, Bitcoin needs just a click and few minutes for confirmations which is great IMO.

[ranochigo]

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.

The 0.0002BTC fee is still relatively low compared to other payment processors. It could also be because of your transactions having a large size.

The main incentive for users to use Bitcoins is that they have the coins and the merchants are giving incentives for using Bitcoin. Bitcoin is relatively hard to get and expensive. This doesn't offer much of a benefit to the users. However, when using Bitcoin, merchants can avoid the hefty fees and chargebacks (most commonly for virtual goods and services). The merchant can then pass the savings to the users and attract them to use Bitcoin as a payment method.

[Hemo]

The transactions fee (Bitcoin) is lower than PayPal...
2.9% + $0.30 per transaction for PayPal (in US)...
You can only receive ~$0.4X if someone (customer) send $1 to you (seller)...
In other words, you can receive $0.9X instead of $0.4X in Bitcoin..

[vero]

The transactions fee (Bitcoin) is lower than PayPal...
2.9% + $0.30 per transaction for PayPal (in US)...
You can only receive ~$0.4X if someone (customer) send $1 to you (seller)...
In other words, you can receive $0.9X instead of $0.4X in Bitcoin..

agree with you, everyone will looks to less fee transaction if they use bitcoin for now this is still work but if bitcoin price high of course fee transaction will be a problem.
for example:
1BTC = $1000
fee per transaction 0.0001 it same like $0.08-$0.1
how if
1BTC = $5000
fee per transacion 0.0001 it same like $0.4-$0.5

[lumeire]

The transactions fee (Bitcoin) is lower than PayPal...
2.9% + $0.30 per transaction for PayPal (in US)...
You can only receive ~$0.4X if someone (customer) send $1 to you (seller)...
In other words, you can receive $0.9X instead of $0.4X in Bitcoin..

agree with you, everyone will looks to less fee transaction if they use bitcoin for now this is still work but if bitcoin price high of course fee transaction will be a problem.
for example:
1BTC = $1000
fee per transaction 0.0001 it same like $0.08-$0.1
how if
1BTC = $5000
fee per transacion 0.0001 it same like $0.4-$0.5

Although while that assumption of a $5000 / BTC rate could possibly come true in the very far future, It's kind of irrelevant by then because inflation would have taken over.

[ranochigo]

The transactions fee (Bitcoin) is lower than PayPal...
2.9% + $0.30 per transaction for PayPal (in US)...
You can only receive ~$0.4X if someone (customer) send $1 to you (seller)...
In other words, you can receive $0.9X instead of $0.4X in Bitcoin..

agree with you, everyone will looks to less fee transaction if they use bitcoin for now this is still work but if bitcoin price high of course fee transaction will be a problem.
for example:
1BTC = $1000
fee per transaction 0.0001 it same like $0.08-$0.1
how if
1BTC = $5000
fee per transacion 0.0001 it same like $0.4-$0.5

Fees are chosen by the miner. They can choose the threshold for the fee to be included into the block. When Bitcoin goes to $5000, the block size problem would be solved. With people unwilling to pay such a high fee, the minimum fee they want to accept would get lower and the price would effectively be the same.

There is no chargeback risk either.

[uname]

The transactions fee (Bitcoin) is lower than PayPal...
2.9% + $0.30 per transaction for PayPal (in US)...
You can only receive ~$0.4X if someone (customer) send $1 to you (seller)...
In other words, you can receive $0.9X instead of $0.4X in Bitcoin..

agree with you, everyone will looks to less fee transaction if they use bitcoin for now this is still work but if bitcoin price high of course fee transaction will be a problem.
for example:
1BTC = $1000
fee per transaction 0.0001 it same like $0.08-$0.1
how if
1BTC = $5000
fee per transacion 0.0001 it same like $0.4-$0.5

yeah it means that if the price is enlarged fee would we spend would be greater. but it is the rule from the beginning.
after all what could be worth such a high bitcoin

[piotrgal]

I think I know what you mean.
I would say that using bitcoin makes sense if somebody can't or (for whatever reason) don't want to deal with traditional finance.

So with bitcoin you can avoid cash, banks, debit / credit cards, etc., so everything related to "normal" money.
You can just pay for something "without" money. That's the difference.

[KennyR]

I think I know what you mean.
I would say that using bitcoin makes sense if somebody can't or (for whatever reason) don't want to deal with traditional finance.

So with bitcoin you can avoid cash, banks, debit / credit cards, etc., so everything related to "normal" money.
You can just pay for something "without" money. That's the difference.

Truly said, he can't make use of the bitcoin for his daily expenses as direct bitcoin acceptance is very low. At present the bitcoin usage will increase stores accepting bitcoin.

[severaldetails]

Bitcoin makes sense if you do not want a connection between the product you buy and your name.
Works perfect with digital goods.

[BeGoods]

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.

I think all the money delivery method does not require a long time for the transaction. all methods only takes a few minutes like paypal and western union. they also have instant transactions
you should tell anyone else besides this This was too mainstream dude

[MTBTT]

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.

many people just love the speed. including remittances people need a fast transaction bitcoin is perfect for this because the very instant bitcoin transactions

[pocarime32]

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.

many people just love the speed. including remittances people need a fast transaction bitcoin is perfect for this because the very instant bitcoin transactions

But sometimes it's takes to long waiting the confirmation, like 2 days ago i have experienced on it. But yeah, using bitcoin for transaction no need wait until 1-2 days.

[BeGoods]

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.

using bitcoin transactions we could do send money with instantly after you press send directly your bitcoin will be in your wallet or address that you are headed
bitcoin facilitate the delivery of money quickly very helpful to us

[romero121]

Now to avoid taxation problems people enter into the bitcoin community and use bitcoin as these transactions will not be considered in certain countries.