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OrangeII
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July 02, 2016, 09:44:29 AM |
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I think it's because bitcoin is far more convenient to use than other currencies. Bitcoin is faster, easier to use and no restrictions on size or number of transactions.
Bitcoin is decentralized currency and that attracts many users as your identity is not disclosed in and it gives freedom to people to transact without any limits. yes it is a fact and they are also using it because they have an advantagge to us it and that is they they willl not feel the need to change the bitcoin in any other currency. they can use it directly from any part of the world. shortage bitcoin only on the recipient. perhaps now is still a few people or companies that accept bitcoin, but if bitcoin has been accepted by the whole world, I think there is no reason not to use bitcoin as a means of transaction. because if everyone uses bitcoin, then all transactions will become easier |
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vetpet
Member
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Activity: 98
Merit: 10
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July 02, 2016, 10:08:58 AM |
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Well,
If someone (bank for example) could block your money account, it means it is not your money. Nobody can block my bitcoin account, that is why I use bitcoin as a customer! We have to explicate what bitcoin is, why we shell not trust to banks.
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eddyubachs
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July 02, 2016, 10:53:49 AM |
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I think it's because bitcoin is far more convenient to use than other currencies. Bitcoin is faster, easier to use and no restrictions on size or number of transactions.
Bitcoin is decentralized currency and that attracts many users as your identity is not disclosed in and it gives freedom to people to transact without any limits. yes it is a fact and they are also using it because they have an advantagge to us it and that is they they willl not feel the need to change the bitcoin in any other currency. they can use it directly from any part of the world. shortage bitcoin only on the recipient. perhaps now is still a few people or companies that accept bitcoin, but if bitcoin has been accepted by the whole world, I think there is no reason not to use bitcoin as a means of transaction. because if everyone uses bitcoin, then all transactions will become easier If everyone will start using bitcoin in future then it will also take price of bitcoin to a higher level, and we will definitely see increase in market cap in coming years. |
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ausbit
Legendary
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Activity: 1330
Merit: 1019
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July 03, 2016, 10:11:15 AM |
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I think it's because bitcoin is far more convenient to use than other currencies. Bitcoin is faster, easier to use and no restrictions on size or number of transactions.
Bitcoin is decentralized currency and that attracts many users as your identity is not disclosed in and it gives freedom to people to transact without any limits. Yes, bitcoin transactions are very fast and minimal or no charges are made during financial transactions. Customers can keep their identity private. Banks and other financial intermediaries can not interrupt user transactions or place freezes on Bitcoin accounts. Payments can be done from anywhere with the internet access. |
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PokerFace3
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July 03, 2016, 01:08:23 PM |
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If its customers from Western Union or other transfer money company like moneygram also then they should be using this now. It is fast and got less transaction fee.
One of the reason why the BTC is gaining its popularity is because of its low transaction fee and easily can transfer money to other country easily and instantly, we all know other agencies cut some tax and we get less then as we expect but in Bitcoin its totally unique system to use for the payment So, this days the customers are using the Bitcoin with more interest  |
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iqlimasyadiqa
Legendary
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Activity: 1596
Merit: 1011
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July 03, 2016, 01:21:23 PM |
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Well,
If someone (bank for example) could block your money account, it means it is not your money. Nobody can block my bitcoin account, that is why I use bitcoin as a customer! We have to explicate what bitcoin is, why we shell not trust to banks.
yes it can be referred to as weaknesses and strengths bitcoin. weakness if it is used for criminal acts. and will be called the excess if bitcoin is used for things that are useful and beneficial. |
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akosimakulit
Member
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Activity: 98
Merit: 10
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July 03, 2016, 04:47:16 PM |
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Costumers must use Bitcoin because you already also can see that Bitcoin is getting more popular and that is quite nice because a lot of people will use Bitcoin. It will be also perfect later if Bitcoin is getting more popular and more used and that would be nice.   |
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romero121
Legendary
Offline
Activity: 3164
Merit: 1213
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July 03, 2016, 04:57:08 PM |
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I think it's because bitcoin is far more convenient to use than other currencies. Bitcoin is faster, easier to use and no restrictions on size or number of transactions.
Bitcoin is decentralized currency and that attracts many users as your identity is not disclosed in and it gives freedom to people to transact without any limits. yes it is a fact and they are also using it because they have an advantagge to us it and that is they they willl not feel the need to change the bitcoin in any other currency. they can use it directly from any part of the world. shortage bitcoin only on the recipient. perhaps now is still a few people or companies that accept bitcoin, but if bitcoin has been accepted by the whole world, I think there is no reason not to use bitcoin as a means of transaction. because if everyone uses bitcoin, then all transactions will become easier If everyone will start using bitcoin in future then it will also take price of bitcoin to a higher level, and we will definitely see increase in market cap in coming years. Everyone starting to use bitcoin is really very hard, but the highest possibility I believe is that the increased bitcoin acceptance will give a stabilized price. |
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hermanhs09
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July 03, 2016, 09:55:30 PM |
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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?
No long lines to withdraw money at an atm, no $10 fees if you lost your card, no having to deal with weak customer support etc . |
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sadasa
Sr. Member
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Activity: 446
Merit: 250
Unpaid signature.
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July 04, 2016, 12:04:59 PM |
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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?
No long lines to withdraw money at an atm, no $10 fees if you lost your card, no having to deal with weak customer support etc . The fees are increasing at the moment from my own experience. There is no guarrantee you will get confirmed within several blocks. |
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Cyaren
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July 04, 2016, 01:35:24 PM |
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because more bitcoiner willl promote your store
thats a strange reason lol anyway why not? btc is a trustworthy coin,if people use it,then im sure there will be persons using btc among your customers,there is no doubt. Its very secure,you can pay fast anywhere if you got web,and the most important it works in weekends,not like banks! |
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goinmerry
Legendary
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Activity: 2940
Merit: 1083
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July 04, 2016, 01:37:06 PM |
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because more bitcoiner willl promote your store
thats a strange reason lol anyway why not? btc is a trustworthy coin,if people use it,then im sure there will be persons using btc among your customers,there is no doubt. Its very secure,you can pay fast anywhere if you got web,and the most important it works in weekends,not like banks! It could be. If some of the person's friend will be advised that your store is accepting it then that would be a free advertisement without even paying anything. |
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Legasean
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July 04, 2016, 02:37:22 PM |
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Costumers want to use bitcoins because they can bring them allot of profit as you know these times. So if you want to know why most of the people are using bitcoins
that is only because other people are also using it when something gets popular others also wants to try it,
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streazight
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July 04, 2016, 07:14:10 PM |
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because more bitcoiner willl promote your store
thats a strange reason lol anyway why not? btc is a trustworthy coin,if people use it,then im sure there will be persons using btc among your customers,there is no doubt. Its very secure,you can pay fast anywhere if you got web,and the most important it works in weekends,not like banks! It could be. If some of the person's friend will be advised that your store is accepting it then that would be a free advertisement without even paying anything. Definitely it is one of the best strategy that a store can get is to be endorsed by their customers to other potential customers too. And bitcoin is really a good medium for purchasing a product in a store or online store like amazon. In terms of on-hand security, bitcoin is a lot more superior than carrying cash arround because what if, just what if someone pointed a knife or a gun at you and asks you for your money, you have an excuse to say "hey, I'm not carrying any cash". Right? |
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money777
Newbie
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Merit: 0
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July 04, 2016, 07:40:14 PM |
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because it is the most easiest way of using bitcoin.
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Ravion
Member
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Activity: 97
Merit: 10
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July 04, 2016, 08:36:34 PM |
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There are many advantages to bitcoin. Creating and account or wallet is a very easy process. The transactions are very fast and also cheap. The account data of users is stored more securely.
Don't forget that banks charge a maintenance fee, whilst there is no such fee for bitcoin. Also, when doing transactions with bitcoin, merchants can't charge extra fees on anything without the consumer being aware of it.
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mark coins
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July 04, 2016, 08:41:07 PM |
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because more bitcoiner willl promote your store
thats a strange reason lol anyway why not? btc is a trustworthy coin,if people use it,then im sure there will be persons using btc among your customers,there is no doubt. Its very secure,you can pay fast anywhere if you got web,and the most important it works in weekends,not like banks! It could be. If some of the person's friend will be advised that your store is accepting it then that would be a free advertisement without even paying anything. Definitely it is one of the best strategy that a store can get is to be endorsed by their customers to other potential customers too. And bitcoin is really a good medium for purchasing a product in a store or online store like amazon. In terms of on-hand security, bitcoin is a lot more superior than carrying cash arround because what if, just what if someone pointed a knife or a gun at you and asks you for your money, you have an excuse to say "hey, I'm not carrying any cash". Right? That can be one of the reason and people should also use it as it has many benefits that no other currency can offer us, its best for online shopping and money transfers. |
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BillyBobZorton
Legendary
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Activity: 1204
Merit: 1028
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July 04, 2016, 09:35:23 PM |
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If you get paid directly in Bitcoin you will be way more prone to spend them. If you have to buy them first, you will treat them like gold and not like money. This seem to be the case each time.
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TastyChillySauce00
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Activity: 2968
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
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July 04, 2016, 09:39:38 PM |
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In terms of on-hand security, bitcoin is a lot more superior than carrying cash arround because what if, just what if someone pointed a knife or a gun at you and asks you for your money, you have an excuse to say "hey, I'm not carrying any cash". Right?
it'll just be like that until bitcoin just get popular among robber and then they'll starting to ask,"send my address bunch of bitcoin or i kill you" it's just remind me about bank robber which requesting money to be sent through bitcoin which happen in my country few months ago |
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richardsNY
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July 04, 2016, 09:43:43 PM |
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If you get paid directly in Bitcoin you will be way more prone to spend them. If you have to buy them first, you will treat them like gold and not like money. This seem to be the case each time.
That's true to a certain extend. At the very beginning I was also like that. Once I bought them I didn't want to spend them as they can go up in value which allows me to make profit. Later I bought myself coins solely for investment purposes so I will never miss out on a potential price increase. Right now if I want to buy something with Bitcoin I just convert some fiat to BTC and then buy what I want. |
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