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Author Topic: Why would customers use Bitcoins?  (Read 133882 times)
TastyChillySauce00
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August 08, 2016, 11:35:45 AM
 #1121

Until making a btc transaction becomes as fast and easy as swiping a debit/credit card at a point of sale, there is absolutely no motivation for customers to switch currencies. The infrastructure is already there; why reinvent the wheel? I agree btc is the more efficient choice, but unfortunately, it has a lot of usability issues to sort before it's ready for the prime time.
really right,standing in front of the merchant's local store about 15 minutes just only to wait the confirmation to be pop up is a really silly thing and people not going to do this unless there's zero confirmation features and we can make a transaction by scanning QRcode,it's different thing and it's fine

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August 08, 2016, 11:46:39 AM
 #1122

really right,standing in front of the merchant's local store about 15 minutes just only to wait the confirmation to be pop up is a really silly thing and people not going to do this unless there's zero confirmation features and we can make a transaction by scanning QRcode,it's different thing and it's fine

I think we do not need to wait 15 minutes for confirmation. Because I think if bitcoin already sent and although still 0 confirmation it was not a problem because it would be received by the store owner. I think bitcoin will not be 0 confirmation as long as there are miners in bitcoin mining. hehe

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Chennai
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August 08, 2016, 11:51:37 AM
 #1123

I believe btc is one easy way to use for..customers, it quicker and convinient... Believe no much fees or charges applied....though it very easy for me shopping and quicker
Yes, the transaction is really quick and safe. No tax or no fees or no surcharges for anything. Its not even required to carry in hand as it is a digital currency. When you carry you may have fear as it may get lose or it may get theft. So no need to worry on this as it is a digital currency.
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August 08, 2016, 12:10:37 PM
 #1124

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?
yeah we still using bitcoin, because bitcoin fees is too much lower than credit card we already pay fees to the bank in high amount for using credit card, while we pay the fees during bitcoin transaction which is too less than credit card.
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August 08, 2016, 12:36:41 PM
 #1125

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?
some of people don't know what is bitcoin for now because they don't know about the currency of bitcoin , and what bitcoin can do some of us or in world wide their's a lot of people who using credit card or bank account to pay their bills or something and credit card is a safe one because if someone stole your money you can investigate it or you can ask for refunds Smiley
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August 08, 2016, 01:19:28 PM
 #1126

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?
yeah we still using bitcoin, because bitcoin fees is too much lower than credit card we already pay fees to the bank in high amount for using credit card, while we pay the fees during bitcoin transaction which is too less than credit card.

It is real. Though some still prefer that credit card due to the fact that many people use it and they are already used to it. Grocery is one example I always see people just using credit cards instead of fiat.
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August 08, 2016, 01:22:00 PM
Last edit: September 28, 2016, 03:29:31 PM by Frodomaga
 #1127

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?
yeah we still using bitcoin, because bitcoin fees is too much lower than credit card we already pay fees to the bank in high amount for using credit card, while we pay the fees during bitcoin transaction which is too less than credit card.

It is real. Though some still prefer that credit card due to the fact that many people use it and they are already used to it. Grocery is one example I always see people just using credit cards instead of fiat.
Bitcoin can be the new credit card for the year 2020. Grin

It has all the facilicites in place to do it. Smiley                                                                                                                                                                                           
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August 08, 2016, 01:36:28 PM
 #1128

Until making a btc transaction becomes as fast and easy as swiping a debit/credit card at a point of sale, there is absolutely no motivation for customers to switch currencies. The infrastructure is already there; why reinvent the wheel? I agree btc is the more efficient choice, but unfortunately, it has a lot of usability issues to sort before it's ready for the prime time.
Maybe you’re right, using debit/credit cards in real life is a lot more easier than bitcoin. It’s still not as popular and widely used as other currencies to buy daily needs directly, but in the future, this will completely change.
As the ability of making money online using bitcoin is simpler than other currencies especially getting profit from it, people are starting to pay attention to it and using it, and we can say that bitcoin has a huge potential for the future ahead.
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August 08, 2016, 01:44:57 PM
 #1129

Of course I aware that there are different situations with different banks but some of them charge you for using their card as a method of payment and if you are using Bitcoin you only pay a transaction fee which is small and unsignificant. I think that's one of of the main reasons why would customers use Bitcoins.
Yes, you are absolutely right. In my place, the banks usually charge me whenever I transfer money to somewhere or even when I take only a small amount of cash out of my credit card.

That really annoys me and I can’t save much money with my credit card but bitcoin is way more better. I not only save a bunch of money but also I can earn a little bit just by doing nothing. And it doesn’t cost much for transaction fee so that’s why more and more people are using bitcoin.
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August 08, 2016, 01:57:05 PM
 #1130

Of course I aware that there are different situations with different banks but some of them charge you for using their card as a method of payment and if you are using Bitcoin you only pay a transaction fee which is small and unsignificant. I think that's one of of the main reasons why would customers use Bitcoins.
Yes, you are absolutely right. In my place, the banks usually charge me whenever I transfer money to somewhere or even when I take only a small amount of cash out of my credit card.

That really annoys me and I can’t save much money with my credit card but bitcoin is way more better. I not only save a bunch of money but also I can earn a little bit just by doing nothing. And it doesn’t cost much for transaction fee so that’s why more and more people are using bitcoin.

As a Bitcoin user you also have a responsibility to encourage other people to use it. Each person you get hooked in Bitcoin is another person that has become introduced in a new way of thinking.

Bitcoin for me is a gateway to anti-oppression and freedom.
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August 08, 2016, 05:27:25 PM
 #1131

As a Bitcoin user you also have a responsibility to encourage other people to use it. Each person you get hooked in Bitcoin is another person that has become introduced in a new way of thinking.

Bitcoin for me is a gateway to anti-oppression and freedom.

LOL. I think we don't have a responsibility to other bitcoin users. For as long as I know the decision to use or not use bitcoin is in their hands. With it we also should not force people to use bitcoin, and we also do not need to be accountable to other bitcoin users.

But really you said bitcoin is freedom hehe...

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August 08, 2016, 05:33:46 PM
 #1132

The customers use Bitcoin because they found it a lot better than the other currencies and fiat, it's simple to use with low fee and also anonymous, and available worldwide.
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August 08, 2016, 05:36:31 PM
 #1133

As a Bitcoin user you also have a responsibility to encourage other people to use it. Each person you get hooked in Bitcoin is another person that has become introduced in a new way of thinking.

Bitcoin for me is a gateway to anti-oppression and freedom.

Even you take some serious role to promote bitcoin by taking it as a responsibility to encourage others to use this crypto, still it won't work if they are not really interested.

Bitcoin gives many advantages and benefits for all of it's users but it doesn't mean it can be treaten nicely by other people. If they aren't interested, just let them. There are people who are automatically dragging themselves to learn all about bitcoin. No need to force yourself to promote it to other people. Just a simple definition will be fine.

These thoughts can also applied on why would customers have to use bitcoin.

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August 08, 2016, 05:47:05 PM
 #1134

Actually, there is a high cost to use fiat, considering inflation.
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August 08, 2016, 09:57:57 PM
 #1135

Actually, there is a high cost to use fiat, considering inflation.
It was true years before, but nowdays inflation has changed to nothing or to deflation...
Cost can appear when you take the services of a bank or financial institute.
Bitcoin has also cost, but it cannot be compared to the banks'.
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August 08, 2016, 10:27:03 PM
 #1136

Actually, there is a high cost to use fiat, considering inflation.
yeah, bitcoins are way better in my opinion because it allows people to benefit when buying as the price of the bitcoins gets higher and hhigher

 
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August 08, 2016, 11:03:14 PM
 #1137

The customers use Bitcoin because they found it a lot better than the other currencies and fiat, it's simple to use with low fee and also anonymous, and available worldwide.
I think for the moment can not beat fiat bitcoin? bitcoin still be an option for the fiat? but there are many reasons that everyone should use bitcoin. This is part of the future dude Cheesy

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August 08, 2016, 11:13:19 PM
 #1138

The customers use Bitcoin because they found it a lot better than the other currencies and fiat, it's simple to use with low fee and also anonymous, and available worldwide.
i cannot say that it is better than other currencies because for doing shopping fiat is way better though i really like it so i use it for bigger prices

 
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August 08, 2016, 11:47:35 PM
 #1139

The customers use Bitcoin because they found it a lot better than the other currencies and fiat, it's simple to use with low fee and also anonymous, and available worldwide.
Lol but bitcoin is very useful especially for people is active in the digital world, I don't event think it's very useful for nondigital users. yes indeed bitcoin is having some advantages compared to their rivals like fiat or another, but in my minds, that is not relevant to compare real currencies and digital currency because, in fact, they are alive in the different world.

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August 09, 2016, 02:11:31 AM
 #1140

It is much cheaper than a credit card, very convenient to use, I think the stores will get easily adopt it once they understand the advantage of having a bitcoins in their store outlet. And our identity is very secured due to it is unknown. Cheesy
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