Why would customers use Bitcoins?

[n0ne]

Costumer using it when he/she want to transact anonymously they dont want to know that who he/she is. Because they protecting their own identity , thats the thing that i knew why would customer use bitcoin.

Yeah customer can improve the technology and usage of digital currencies. Only this can be effective when they get interest into it after start using it.

[goinmerry]

Costumer using it when he/she want to transact anonymously they dont want to know that who he/she is. Because they protecting their own identity , thats the thing that i knew why would customer use bitcoin.

Yeah customer can improve the technology and usage of digital currencies. Only this can be effective when they get interest into it after start using it.

The anonymity of it is now a bonus to me. The gain and small transaction fees are what I care now. Including controlling it as my own and can take it out whenever I profited from it.

[jamesl22]

Bitcoin is best crypto currency which offers various benefits and it is not only currency but it can also be an best investment for the future which can allow them to make extra money.

[JeanMcCoy]

The main reason why costumers uses bitcoins are for things they can buy on the internet
especially things from web shops who uses the bitcoin paying method. Further i don´t know where to use
them in any normal store in my country.

[Barbut]

OP said nice thing,  but he have credit  card accepted everywhere I for example can't use mine. So for me things are much easier with btc.
And there is other benefits from btc,  for example  gambling.  You can't find that kind promotions in other currencies. Long live btc.

[RodeoX]

I don't see why "cheapest, fastest, most secure" is not enough? I have saved hundreds of dollars in fees.


Say i buy an Oz. of gold from Amagi (or whoever). It is $1350.58 if I used a credit card. If I instead use bitcoin I pay only $1311.37.

If I pay with a credit card the seller has to wait for verification to send with confidence. If I pay with bitcoin the money is theirs within an hour and they know it can't be clawed back.

If I pay with credit card I must expose all the information needed to steal from me. If I pay with BTC the seller does not even know who paid. Which is no big deal for them.

[De_Signer]

I don't see why "cheapest, fastest, most secure" is not enough? I have saved hundreds of dollars in fees.


Say i buy an Oz. of gold from Amagi (or whoever). It is $1350.58 if I used a credit card. If I instead use bitcoin I pay only $1311.37.

If I pay with a credit card the seller has to wait for verification to send with confidence. If I pay with bitcoin the money is theirs within an hour and they know it can't be clawed back.

If I pay with credit card I must expose all the information needed to steal from me. If I pay with BTC the seller does not even know who paid. Which is no big deal for them.

Bravo! The best explanation I've ever seen! Thank you, I"ll save it for future 

[mayax]

I don't see why "cheapest, fastest, most secure" is not enough? I have saved hundreds of dollars in fees.


Say i buy an Oz. of gold from Amagi (or whoever). It is $1350.58 if I used a credit card. If I instead use bitcoin I pay only $1311.37.

If I pay with a credit card the seller has to wait for verification to send with confidence. If I pay with bitcoin the money is theirs within an hour and they know it can't be clawed back.

If I pay with credit card I must expose all the information needed to steal from me. If I pay with BTC the seller does not even know who paid. Which is no big deal for them.

cheap? I pay ZERO fees when I am using my card, it's instant and "secure" enough (nothing is secure on internet).

the seller doesn't have to wait. if it's a merchant, he can get the money from bank same day or next day.
yes, you "expose" the information BUT you can make chargeback while with bitcoin you can say "bye bye" to your funds.

BTC wasn't made as a payment system. first, it's limited as volume of coins and second, it's hard to be understood by the normal people.

[iqlimasyadiqa]

because bitcoin is a payment that is practical, easy to use and has a speed in every transaction. bitcoin is the answer of a technological sophistication. with bitcoin anybody can do anything. bitcoin has given a change towards better things.

[kik1977]

I don't see why "cheapest, fastest, most secure" is not enough? I have saved hundreds of dollars in fees.


Say i buy an Oz. of gold from Amagi (or whoever). It is $1350.58 if I used a credit card. If I instead use bitcoin I pay only $1311.37.

If I pay with a credit card the seller has to wait for verification to send with confidence. If I pay with bitcoin the money is theirs within an hour and they know it can't be clawed back.

If I pay with credit card I must expose all the information needed to steal from me. If I pay with BTC the seller does not even know who paid. Which is no big deal for them.

The problem is still why it should be better for the merchant, not the seller. I imagine most of the merchants would need to convert the bitcoins back to fiat, and that would have a fee, which could be higher than visa's or mastercard's fee. On the other hand it would be profitable if the merchant is able to buy the products he sells directly in bitcoins.

[raphma]

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?

Since when you dont pay fee's with credit/debit card?
First, the store pay taxes to use this service(to get a credit/debit card terminal).
second, The customer pay a lot of taxes to use all bank services, this include the card(visa/master card dont taxe you, but they taxe the bank and the bank taxe you).
third, a few bitcoin wallets dont taxe you when send/receiving bitcoins... the only problem would be the time to confirm a transaction... maybe some day the solve that.

There are a lot other reasons to prefer bitcoin.. but most of it are personal. I prefer, maybe you dont.

[maudevang]

It would be nice if there will be more costumers that is going to use Bitcoin and that is to make Bitcoin also more popular and that would be perfect.
But you never know of course what is going to happen with Bitcoin and that would be a problem.

[whoreble]

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?

Since when you dont pay fee's with credit/debit card?

Since I started using them.

First, the store pay taxes to use this service(to get a credit/debit card terminal).

Since when did the store become a customer? Since when did I start caring about the store's expenses?

second, The customer pay a lot of taxes to use all bank services, this include the card(visa/master card dont taxe you, but they taxe the bank and the bank taxe you).

What third world shithole are you from? Here in US, I pay exactly no taxes for the bank services. Last time I got a bill from my bank for using their services was never.

third, a few bitcoin wallets dont taxe you when send/receiving bitcoins... the only problem would be the time to confirm a transaction... maybe some day the solve that.

None of the bitcoin wallets "taxe you." Ir, rather, none tax me. You sure we're using the same bitcoin?

There are a lot other reasons to prefer bitcoin.. but most of it are personal. I prefer, maybe you dont.

Buying CP or paying too much for drugs is about all I can think of

[minhkhoa]

Nowadays customers can buy almost anything using bitcoin. For example they can buy Ads for their site and pay for it in bitcoin.

[whoreble]

I don't see why "cheapest, fastest, most secure" is not enough? I have saved hundreds of dollars in fees.


Say i buy an Oz. of gold from Amagi (or whoever). It is $1350.58 if I used a credit card. If I instead use bitcoin I pay only $1311.37.

Just checked the website. No discount for BTC, I call shenanigans

And Amagi Metals is known for shady business practices (quick bitcointalk search shows this https://bitcointalk.org/index.php?topic=1456781.0 as second result), so you buy with $1311.37 worth of BTC & get a brick in the mail 3 months later, SFYL. With CC? No prob, get your money back

[Almagro]

The most benefit that I'm feel is I can send money to my family on Australia with the most cheap fee compare when I'm using western union
Also when my sister send money to another country, bitcoin provide faster payment speed

[delliaerd]

The most benefit that I'm feel is I can send money to my family on Australia with the most cheap fee compare when I'm using western union
Also when my sister send money to another country, bitcoin provide faster payment speed

Bitcoin transactions don't count how far you sent your bitcoin, because of that we can send our money to many countries with cheap fee transaction. Around some days ago i make a transactions and the fee of transactions only take 0.0002 bitcoin. Even one month ago the transaction only take 0.0001 btc.

[secone]

The most benefit that I'm feel is I can send money to my family on Australia with the most cheap fee compare when I'm using western union
Also when my sister send money to another country, bitcoin provide faster payment speed

bitcoin is best payment procesor to send and receive money from other country, the fee is very cheap if we compare it with other payment processor like paypal, western union etc.

[dhimasnk]

why customers use bitcoin? customers use bitcoin as a payment system that is highly efficient

[agustina2]

I don't see why "cheapest, fastest, most secure" is not enough? I have saved hundreds of dollars in fees.


Say i buy an Oz. of gold from Amagi (or whoever). It is $1350.58 if I used a credit card. If I instead use bitcoin I pay only $1311.37.

If I pay with a credit card the seller has to wait for verification to send with confidence. If I pay with bitcoin the money is theirs within an hour and they know it can't be clawed back.

If I pay with credit card I must expose all the information needed to steal from me. If I pay with BTC the seller does not even know who paid. Which is no big deal for them.

cheap? I pay ZERO fees when I am using my card, it's instant and "secure" enough (nothing is secure on internet).

the seller doesn't have to wait. if it's a merchant, he can get the money from bank same day or next day.
yes, you "expose" the information BUT you can make chargeback while with bitcoin you can say "bye bye" to your funds.

BTC wasn't made as a payment system. first, it's limited as volume of coins and second, it's hard to be understood by the normal people.

My credit card too is instant and no need to wait for verification from the merchant as long as it has reserves of course. I don't know where in the world that guy above stating that credit card purchase needs a verification first. Yes verification but it will only took seconds. And I don't know too where the heck he get that if he pays with credit card it will allow someone to steal money from him. I thinks credit card service in their country is really poor.