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Author Topic: Why would customers use Bitcoins?  (Read 133882 times)
Maesters1-
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September 05, 2016, 05:21:23 AM
 #1361

because bitcoin is very stronger and secure currency and bitcoin is really available in everywhere in corner of the world and bitcoin is very good currency for online shopping .
It is but that is hard to explain to some users who are stubborn and get worried even when the price of bitcoins fluctuates a little. The biggest issue with such people is that even when they are told that they can convert their BTC right into BTC then also they don't want to use bitcoins as a payment method.
People wants to use it and spend it but they are not finding any place to spend it, so the only way to spend their coins is by converting it to fiat, but many don't like it and prefer to hold them for the future.
yes it is a fact that most of the people are facing that problem i am also one of them, in our area we have no opportunity to use bitcoin in our shops, that is why we are only holing bitcoin for price increase, and when feel the need then convert bitcoin in to fiat currency and then use it.
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September 05, 2016, 11:43:53 AM
 #1362

They won't unless you tell them how good it is for their convenience, and it should be convenient in the first place. If I had a shop I'd accept Bitcoins instantly after the first confirmation to not make my customers wait.

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September 05, 2016, 01:31:38 PM
 #1363

They won't unless you tell them how good it is for their convenience, and it should be convenient in the first place. If I had a shop I'd accept Bitcoins instantly after the first confirmation to not make my customers wait.
Well, that should be the way to fast track the transaction also, imagine if you will require the customer to have a least 3 confirmation of their deposits before it will be credited, I think the convenient will now become inconvenient and that is not good for the business.

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September 05, 2016, 01:34:15 PM
 #1364

because bitcoin is very stronger and secure currency and bitcoin is really available in everywhere in corner of the world and bitcoin is very good currency for online shopping .
It is but that is hard to explain to some users who are stubborn and get worried even when the price of bitcoins fluctuates a little. The biggest issue with such people is that even when they are told that they can convert their BTC right into BTC then also they don't want to use bitcoins as a payment method.
People wants to use it and spend it but they are not finding any place to spend it, so the only way to spend their coins is by converting it to fiat, but many don't like it and prefer to hold them for the future.
thats true it is actually the saddest thing in my opinion and i think it is way better to use as much bitcoins as possible and we surely need more shops

 
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springgers
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September 05, 2016, 03:34:59 PM
 #1365

You pay more overall if you use a CC IMO, you pay interest, fees, annual taxes and your privacy is nil, you pay 3 cents per transaction "voluntarily" and get a hassle-free no restrictions transaction, and there are no hidden or additional fees plus a decent degree of privacy "even if it's not absolute".
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September 05, 2016, 04:01:09 PM
 #1366

because in the bitcoin payment there is always a privacy that we spent the money and hoq much we spent , so i think due to its privacy quality people uses bitcoins more than other platform like credit card .

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MingLee
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September 05, 2016, 04:09:20 PM
 #1367

because bitcoin is very stronger and secure currency and bitcoin is really available in everywhere in corner of the world and bitcoin is very good currency for online shopping .
It is but that is hard to explain to some users who are stubborn and get worried even when the price of bitcoins fluctuates a little. The biggest issue with such people is that even when they are told that they can convert their BTC right into BTC then also they don't want to use bitcoins as a payment method.
People wants to use it and spend it but they are not finding any place to spend it, so the only way to spend their coins is by converting it to fiat, but many don't like it and prefer to hold them for the future.
It just depends on what they are using Bitcoin for and what they intended to get out of their time in the Bitcoin economy. For those who think it's an investment, they'll be reluctant to spend. Those who think it's a payment method, they'll spend. Those who think it's a way to internationally move money will more than likely move money internationally with it. People don't think of Bitcoin like a currency and more like a stock with a ton of uses.
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September 08, 2016, 10:47:04 AM
 #1368

The costumers should use more bitcoin in order to get low transaction fee and as much anonymity as possible. Not like another payment that much fee and other additional cost. In the future all costumers will love to use bitcoin because its amazing technology.


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TastyChillySauce00
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September 08, 2016, 10:53:18 AM
 #1369


because bitcoin is very stronger and secure currency and bitcoin is really available in everywhere in corner of the world and bitcoin is very good currency for online shopping .
It is but that is hard to explain to some users who are stubborn and get worried even when the price of bitcoins fluctuates a little. The biggest issue with such people is that even when they are told that they can convert their BTC right into BTC then also they don't want to use bitcoins as a payment method.
i think that kind of people are lack of knowledges because if someone just worried about volatility behaviour of bitcoin and getting worried to use it as payment option on their services,they could simply use any bitcoin payment API that convert bitcoin directly to fiat,just for example bitpay

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September 08, 2016, 11:12:04 AM
 #1370

The costumers should use more bitcoin in order to get low transaction fee and as much anonymity as possible. Not like another payment that much fee and other additional cost. In the future all costumers will love to use bitcoin because its amazing technology.

Either people can spend it for money transfer or buy shopping or even they can save them for future as bitcoin is an best investment at a moment that can give fruitful results in future.
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September 08, 2016, 11:20:55 AM
 #1371

The costumers should use more bitcoin in order to get low transaction fee and as much anonymity as possible. Not like another payment that much fee and other additional cost. In the future all costumers will love to use bitcoin because its amazing technology.

Either people can spend it for money transfer or buy shopping or even they can save them for future as bitcoin is an best investment at a moment that can give fruitful results in future.

the investment part is the biggest thing that most people are seeing about bitcoin and most of them believe that there is nothing more than a quick buck out of bitcoin.
but still there are many more features and benefits from using those if you really look into what bitcoin is as a real currency.

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September 08, 2016, 11:22:23 AM
 #1372

The costumers should use more bitcoin in order to get low transaction fee and as much anonymity as possible. Not like another payment that much fee and other additional cost. In the future all costumers will love to use bitcoin because its amazing technology.

Either people can spend it for money transfer or buy shopping or even they can save them for future as bitcoin is an best investment at a moment that can give fruitful results in future.

the investment part is the biggest thing that most people are seeing about bitcoin and most of them believe that there is nothing more than a quick buck out of bitcoin.
but still there are many more features and benefits from using those if you really look into what bitcoin is as a real currency.

Bitcoin holds multiple features and benefits so people should choose according to their usage and convenience as its hard to point a single benefit of bitcoins.
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September 08, 2016, 06:01:47 PM
 #1373

For many reasons, low fees and convenience of using it, for example. It's for the good of both, the merchants and the customers, of course.
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September 08, 2016, 06:03:14 PM
 #1374

The costumers should use more bitcoin in order to get low transaction fee and as much anonymity as possible. Not like another payment that much fee and other additional cost. In the future all costumers will love to use bitcoin because its amazing technology.

Either people can spend it for money transfer or buy shopping or even they can save them for future as bitcoin is an best investment at a moment that can give fruitful results in future.

the investment part is the biggest thing that most people are seeing about bitcoin and most of them believe that there is nothing more than a quick buck out of bitcoin.
but still there are many more features and benefits from using those if you really look into what bitcoin is as a real currency.

Bitcoin holds multiple features and benefits so people should choose according to their usage and convenience as its hard to point a single benefit of bitcoins.
As customers and as cashier operators, or as bitcoin users in general, we can't really have long queues of customers waiting for transactions to be confirmed, right? Unless this issue is fixed, then I don't think it's still a good idea to use it. Although if the stores maybe they could use a system like bitpay, that can be considered.
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September 09, 2016, 02:07:00 AM
 #1375

I think ease and simplicity of use, besides the fast transactions, are some of the best reasons why costumers should use Bitcoin. I think that when they see how these things can make their lifes easier, they will use it more often.
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September 09, 2016, 02:10:25 AM
 #1376

To bitcoin beign used as day to day payment method it should be very easy to pay for groceries with it.
So you just pull out your phone at payment point of shopping, click once on it and its done.

Thats how it should go.
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September 09, 2016, 01:10:33 PM
 #1377

To bitcoin beign used as day to day payment method it should be very easy to pay for groceries with it.
So you just pull out your phone at payment point of shopping, click once on it and its done.

Thats how it should go.

Well it's just like credit cards where you will swipe it. If that is the case then I will still use my credit cards over bitcoin to make such payment groceries. And if my cc's aren't available, will use my fiat.

But in the case that I don't have anything then I will use my bitcoin as last option but as much as I can I won't use it since I care for bitcoin price.
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September 09, 2016, 01:12:23 PM
 #1378

To bitcoin beign used as day to day payment method it should be very easy to pay for groceries with it.
So you just pull out your phone at payment point of shopping, click once on it and its done.

Thats how it should go.

Well this is all about convenience and I agree with you if the people are just going to use bitcoin then that is going to have an easy transaction if they are going to use it. And base on my experience this is really a good way to invest at all if you don't want to do some efforts then you can just leave your bitcoin to your wallet address and grow itself.

I don't think that groceries will start accepting bitcoin as a payment method especially in poor countries where grocery owners are illiterate and have no idea of how to handle new technology.
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September 09, 2016, 01:46:56 PM
 #1379

To bitcoin beign used as day to day payment method it should be very easy to pay for groceries with it.
So you just pull out your phone at payment point of shopping, click once on it and its done.

Thats how it should go.

Well this is all about convenience and I agree with you if the people are just going to use bitcoin then that is going to have an easy transaction if they are going to use it. And base on my experience this is really a good way to invest at all if you don't want to do some efforts then you can just leave your bitcoin to your wallet address and grow itself.

I don't think that groceries will start accepting bitcoin as a payment method especially in poor countries where grocery owners are illiterate and have no idea of how to handle new technology.

Even they have the ability of handling the new technology, it will depend on the people on that country.

Like you said a poor one, so meaning they didn't have much access to digital currency so still they will hug the usual way of money transaction in that place.
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September 09, 2016, 01:53:46 PM
 #1380

To bitcoin beign used as day to day payment method it should be very easy to pay for groceries with it.
So you just pull out your phone at payment point of shopping, click once on it and its done.

Thats how it should go.

Well this is all about convenience and I agree with you if the people are just going to use bitcoin then that is going to have an easy transaction if they are going to use it. And base on my experience this is really a good way to invest at all if you don't want to do some efforts then you can just leave your bitcoin to your wallet address and grow itself.

I don't think that groceries will start accepting bitcoin as a payment method especially in poor countries where grocery owners are illiterate and have no idea of how to handle new technology.

Even they have the ability of handling the new technology, it will depend on the people on that country.

Like you said a poor one, so meaning they didn't have much access to digital currency so still they will hug the usual way of money transaction in that place.
I wouldn't automatically assume that just because someone is poor, that they are unable to understand Bitcoin.
You could even argue that poor people have more incentive to learn about Bitcoin and poor people are often more resourceful.

And in countries where the daily income is less than one dollar, even small earnings over the internet could make a huge difference, if they can get a cheap device and internet.

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