Bitcoin Forum
May 01, 2024, 01:42:49 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 [28] 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 ... 103 »
  Print  
Author Topic: Why would customers use Bitcoins?  (Read 133882 times)
diodio5
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500



View Profile
March 26, 2016, 02:41:35 PM
 #541

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.
I think I can use a debit card bitcoin. You can buy any item by paying with a debit card bitcoin. I've never been among the debit card fee comparing with the bitcoin bitcoin own
but I think mandatory for the try

1714527769
Hero Member
*
Offline Offline

Posts: 1714527769

View Profile Personal Message (Offline)

Ignore
1714527769
Reply with quote  #2

1714527769
Report to moderator
1714527769
Hero Member
*
Offline Offline

Posts: 1714527769

View Profile Personal Message (Offline)

Ignore
1714527769
Reply with quote  #2

1714527769
Report to moderator
1714527769
Hero Member
*
Offline Offline

Posts: 1714527769

View Profile Personal Message (Offline)

Ignore
1714527769
Reply with quote  #2

1714527769
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714527769
Hero Member
*
Offline Offline

Posts: 1714527769

View Profile Personal Message (Offline)

Ignore
1714527769
Reply with quote  #2

1714527769
Report to moderator
haileysantos95
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
March 26, 2016, 02:53:34 PM
 #542

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

People who are using bitcoin is really trying to escape the tax that they will get from the government thats why they use bitcoin as payment system.
ranochigo
Legendary
*
Offline Offline

Activity: 2954
Merit: 4165


View Profile
March 26, 2016, 03:36:08 PM
 #543

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

Not really. Paypal allows for chargeback up to 180 days. Once Bitcoin is confirmed, there is a huge certainty that it can't be reversed.

Western Union can take several minutes while Bitcoin is instantaneous. The fees are also significantly higher.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
benmartin613
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
March 26, 2016, 04:31:35 PM
 #544

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

Not really. Paypal allows for chargeback up to 180 days. Once Bitcoin is confirmed, there is a huge certainty that it can't be reversed.

Western Union can take several minutes while Bitcoin is instantaneous. The fees are also significantly higher.

For sending money to your relative around the world bitcoin is really the best thing to do that.
The fees with other money transfer is so high that you will just chose bitcoin to send money.
allthingsluxury
Legendary
*
Offline Offline

Activity: 1540
Merit: 1029



View Profile WWW
March 26, 2016, 06:44:39 PM
 #545

You don't pay any fees with a credit card? You think a business just eats the credit cards fees??

LOL

Exactly, the customer pays in the end. This is just the way business works.

dumada
Full Member
***
Offline Offline

Activity: 154
Merit: 100


View Profile
March 27, 2016, 07:36:31 AM
 #546

You don't pay any fees with a credit card? You think a business just eats the credit cards fees??

LOL

Exactly, the customer pays in the end. This is just the way business works.

But for bitcoin users, they pay the fee upfront. So they should get discount by using bitcoin instead of credit cards.
LiskCryptoFan
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
March 27, 2016, 08:25:55 AM
 #547

i just don't like when someone know my data , bitcoin make me stay anonymously thats why i like to use bitcoin although must pay 3 cent for fee

Nobody has the right to track my day-to-day purchases, it's one of the reasons I think more people will move toward Bitcoin.

blackmachinegun
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
March 27, 2016, 08:47:20 AM
 #548

Now to avoid taxation problems people enter into the bitcoin community and use bitcoin as these transactions will not be considered in certain countries.
yeah a lot of people who want to avoid property tax and so on. so that they pay bribes to tax officials. to shrink their tax costs. I'm afraid you're going to jail for committing acts of nepotism

bitcoin is suitable for you in order to avoid taxes
sotisoti
Hero Member
*****
Offline Offline

Activity: 762
Merit: 500


View Profile
March 27, 2016, 08:57:56 AM
 #549

To be honest Bitcoin value is not stable yet I don't see the point of using it, some Bitcoin enthusiasts use them though.

Bitrated user: sotisoti.
rio3233
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
March 27, 2016, 09:18:43 AM
 #550

To be honest Bitcoin value is not stable yet I don't see the point of using it, some Bitcoin enthusiasts use them though.

Well, as a trader i really like using bitcoins because the price is not stable. And i use bitcoins because it's easy to use, small fee transaction and you can earn bitcoin free.
BeGoods
Legendary
*
Offline Offline

Activity: 1372
Merit: 1008



View Profile
March 27, 2016, 11:31:36 AM
 #551

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

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

is it  possible if the price of it happening in the future the possibility of a fee for the transaction costs will be reduced? whether it remains 0.0001 BTC?
if it happens would be very expensive transaction fee right ? I think it would be good if we can in accordance with the price that occurred




Kingno.1
Sr. Member
****
Offline Offline

Activity: 243
Merit: 250


View Profile
March 27, 2016, 02:15:09 PM
 #552

Customers will use bitcoin because :
1)Chances of stealing bitcoins are minor
2)Fast transactions
3)Easily accessible
4)Less transaction charges
lolxxxx
Legendary
*
Offline Offline

Activity: 2184
Merit: 1032


View Profile WWW
March 27, 2016, 02:19:16 PM
 #553

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

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

is it  possible if the price of it happening in the future the possibility of a fee for the transaction costs will be reduced? whether it remains 0.0001 BTC?
if it happens would be very expensive transaction fee right ? I think it would be good if we can in accordance with the price that occurred






The fees will remain the same remember guys that you are free to process your transaction without any fees but without fees your transaction gets much time and maybe only 10 mins and there is a chance that it dont get confirmed also the transactions wuth higher fees gets confirmed soon , miners prefer transactions with fees. If the price of bitcoin is increased to 5000$ then the price of 0.0001 also increase .
Ulloa
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile
March 27, 2016, 03:12:31 PM
 #554

You don't pay any fees with a credit card? You think a business just eats the credit cards fees??

LOL

Exactly, the customer pays in the end. This is just the way business works.

But for bitcoin users, they pay the fee upfront. So they should get discount by using bitcoin instead of credit cards.
That is indeed a good reason, but it is also very easy to use and the transaction is also very fast and that is perfect.
But not many people use Bitcoin and that is bad, they should know what you can do with Bitcoin. If they know it they will use it.
MedaR
Legendary
*
Offline Offline

Activity: 2380
Merit: 1026



View Profile
March 27, 2016, 03:52:55 PM
 #555

Now to avoid taxation problems people enter into the bitcoin community and use bitcoin as these transactions will not be considered in certain countries.
If you want to launder money you can use more practical ways, bitcoin is still connected very well with banks and all transactions are visible enough for authorities, so don't get yourself in troubles. Once this becomes evident, know, that bitcoin will be regulated very soon.

You can rent this space
jkrules
Full Member
***
Offline Offline

Activity: 210
Merit: 100



View Profile
March 27, 2016, 04:06:10 PM
 #556

Now to avoid taxation problems people enter into the bitcoin community and use bitcoin as these transactions will not be considered in certain countries.
If you want to launder money you can use more practical ways, bitcoin is still connected very well with banks and all transactions are visible enough for authorities, so don't get yourself in troubles. Once this becomes evident, know, that bitcoin will be regulated very soon.

Somewhat anonymous, no fees, easy to use, no restrictions, owned by the people, public currency.
For_real_for
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile
March 27, 2016, 06:49:05 PM
 #557

Fundamentally better in most cases.

There is also a big political aspect with Bitcoin that I think very many forgets.
danswer42
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
March 27, 2016, 06:59:19 PM
 #558

Fundamentally better in most cases.

There is also a big political aspect with Bitcoin that I think very many forgets.

ot sure,because actually not many advantages to using bitcoin, but bitcoin very helpful as an alternative payment.
MedaR
Legendary
*
Offline Offline

Activity: 2380
Merit: 1026



View Profile
March 28, 2016, 03:08:07 PM
 #559

In combination with alts Bitcoin can do almost anything, and true anonymity can be achieved. Also you can
 even start small business trading alts here on this forum. Possibilities are endless if you are deeply in all this.
But for ordinary people bitcoin as money is perfect if you have business on net.

You can rent this space
Genius Einstein
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
March 29, 2016, 09:09:59 AM
 #560

A customer would use bitcoin as it is the most convenient way to use up the bitcoins that he has so he is able to do his shopping and what not with his bitcoin making his life a lot more easier for him.

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 [28] 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 ... 103 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!