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Author Topic: Why would customers use Bitcoins?  (Read 133882 times)
cambda
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July 14, 2016, 03:07:38 PM
 #1041

There would be many users who are not eligible for credit cards, so online shopping is just a dream for them, bitcoin can make their dream come true, anyone can go for online shopping with bitcoin.
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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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ezehy2014
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July 14, 2016, 03:12:25 PM
 #1042

Bitcoin is very secured, it is very hard to use bitcoin for a transaction and complain for money lost, and here in my country they have credit card charges
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July 14, 2016, 03:14:15 PM
 #1043

There would be many users who are not eligible for credit cards, so online shopping is just a dream for them, bitcoin can make their dream come true, anyone can go for online shopping with bitcoin.
so many advantages that they can use if they use bitcoin. especially transactions very fast and low fees. but they may not have been aware of that potential. I think they do not believe bitcoin, but I think there will be a day when they realized that they had to use bitcoin than others as a means of transaction
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July 14, 2016, 03:17:27 PM
 #1044

It's a good alternative when PayPal bans your account.
I think its not the best alternative and i think its better to use it as main not alternative because bitcoin is the fastest way to transfer money world wide  unlike paypal it needs a lots of process before you can use the service of paypal..

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July 14, 2016, 03:17:38 PM
 #1045

There would be many users who are not eligible for credit cards, so online shopping is just a dream for them, bitcoin can make their dream come true, anyone can go for online shopping with bitcoin.

Agree, bitcoin is assistance and benefits for those who want to do online shopping without getting enough harm and Bill will impact badly on their economy. In addition it is true bitcoin can be used for shopping online whenever and wherever, with the number of unlimited
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July 14, 2016, 04:44:57 PM
 #1046

I see this through different point of view. Let’s keep aside local consumer aside for a while, but when it comes to international transactions the most beneficiary party is consumer (in the case of bitcoin payment method) as it straight down cut the costs of banks wire transfer, it’s too much easier and cheaper for a consumer. Let’s talk about local consumer, I think paying in bitcoin (with fees) is somewhat similar to paying with credit card (interest rate) but here consumer can take the benefit of core features of bitcoin i.e – anonymity, decentralized, security and most importantly privacy.
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July 14, 2016, 05:36:12 PM
 #1047

Add inflationary, so bitcoin unlike fiat currency cant be reprint at will.  So as the code stated, there is only 21m in total.  Another one is, you don't need to trust anyone when you are doing transaction with Bitcoin unlike fiat currency that you need 3rd person to handle the process.  And most of all you own it!  Unlike paypal when the account is compromise they have the power to freeze your account.  And you can do anything even if it is your money in that account.

People dont realize yet why public ledger Bitcoin using is necessary, with all the corruption I would be surprised if fiat currencies are not printed at will by those who control the ledger because noone else can check them. I believe fiat currency is doomed in this century for this reason.

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July 14, 2016, 05:47:21 PM
 #1048

There are several reason why customers should use bitcoin.  The transaction is fast.  Transaction can be done in almost an instant. Though confirmation takes time.  It is easy to use.  Just copy and paste the address you wanna send your Bitcoin and it done.  It is secure because no one can steal your payment information from merchants because Bitcoin use 2 key (pub key and private key) unlike credit cards where the secret keys are keep being stolen.

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langedwig
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July 14, 2016, 06:15:38 PM
 #1049

Actually merchants will just open the possibility of taking bitcoin as their payment method. After hearing people's query about that bitcoin they will look into some pros and cons if they will do that. So first, request now to your favorite merchants to accept bitcoin as their mode of payment.
xIIImaL
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July 14, 2016, 07:21:45 PM
 #1050

Actually merchants will just open the possibility of taking bitcoin as their payment method. After hearing people's query about that bitcoin they will look into some pros and cons if they will do that. So first, request now to your favorite merchants to accept bitcoin as their mode of payment.

People use bitcoins because it is convenient, easy and with less transaction fees, and bitcoin transactions are available 24/7, it will be used more in future when everyone would start accepting it as a payment method.
agustina2
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July 14, 2016, 07:47:35 PM
 #1051

Actually merchants will just open the possibility of taking bitcoin as their payment method. After hearing people's query about that bitcoin they will look into some pros and cons if they will do that. So first, request now to your favorite merchants to accept bitcoin as their mode of payment.

Honestly it's obvious that merchants will just consider to add bitcoin as one of their payment method if most of it's customers are requesting it. But it doesn't mean they will accept it quick. It will take a long process since they must a have a proper plan on how will they dealt with an active price movement in bitcoin.
PemburuReceh
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July 14, 2016, 07:57:14 PM
 #1052

Consumers can safe ton's of money because of the low fees and no need for additional verification like banks or paypal requires you etc
trickshot22
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July 14, 2016, 08:01:50 PM
 #1053

i think first of all its a really great investment option that can allow you to make some good money really easily, moreover it is really easy to use bitcoins and easy to pay for goods with it
sana54210
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July 14, 2016, 08:05:55 PM
 #1054

Couple of things - Shipping is fast and a little fee is the best reason for consumers. They can send instant payment worldwide. Also in addition to making bitcoin wallet is not as complicated as paypal is. BTC can be bought easily from various exchanges and can be sold as well instantly.
Yes Bitcoin is a good way to pay. Online payment with low transaction fee then other payment processor and sometimes we get many offers on products too if we pay with Bitcoin. Cheesy

Why would they not though? Given those reasons just mentioned, I guess the only problem, if it would be a problem, is the tx confirmation time which stomes actually take quite a long time. But other than that, bitcoin transactions within business are probably superior.
lixer
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July 14, 2016, 08:10:56 PM
 #1055

the current average of people in the world are the brands that have high mobility. No think most people would want the ease and speed in every transaction. and bitcoin is the answer to all the problems that exist.
Yeah I agree with bitcoin answer all the needs of human beings who want the transaction fast, flexible, low fees and so forth.
bitcoin provides facilities very much for the money delivery method. so I was very obliging people to use it



when I was on other payment processors, then at that times I was have to pay a bigger amount in paying the transaction fees it was very panic for me, but now with bitcoin, I only pay a minimum amount for all the transactions no matter how bigger te amount I go to transact.
Yes exactly even now as I transact I remember how bad I feel when I have to pay 1% in skrill when sending others, so if you send a mass payment of 500$ than you are paying 5$ of fees for nothing !

jostorres
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July 15, 2016, 10:13:03 AM
 #1056

Right now there isn't a lot of incentive for customers to make purchases using Bitcoins. Maybe if you're buying porn, you would rather not have it show up on your credit card bill but in most cases it is still way easier to just use a card.
Money transfer is different matter, you can save a lot in terms of fees and time and there is no limit to the amount you can send and receive worldwide.
Okay, so you are saying that cards are easy to use just have difficulties in places like when you are watching porn and have to pay for it, then bitcoins solves this issue too as now a days credit cards based on bitcoins are available. Bitcoin simply fixes to everyone's peculiar requirements too.

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July 15, 2016, 10:19:51 AM
 #1057

If I were a merchant and if I had lots of clients I would integrate bitcoin as payment processor and why customers would use when i provide them discount only for bitcoin payments.
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July 15, 2016, 10:46:17 AM
 #1058

If I were a merchant and if I had lots of clients I would integrate bitcoin as payment processor and why customers would use when i provide them discount only for bitcoin payments.

That is a good idea and would attract a lot of customers and might ask what is that bitcoin. That can also be a new way of making bitcoin more popular so that many of us will be using it.
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July 15, 2016, 01:52:04 PM
 #1059

in present time it may be looking difficult to use bitcoin instead of flat currency but in future people will feel it convenient to use bitcoin instead of local currency. the reason is that bitcoin ca be use equally i all over the world
Not really, how can you buy porn videos with cash ?
How would you recharge with cash sitting in your home and not even walking for a meter ?
How will you send money to a friend who lives in other city ?
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July 15, 2016, 01:53:52 PM
 #1060

As of right now, there are not serious concerns on costumers on the way they pay, at least not in the developed world, but in the future, once the governments ban cash world wide, Bitcoin will be used by everyone daily, because they will be forced to find an alternative and Bitcoin is the best alternative.
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