SidaroffVany
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October 01, 2016, 05:02:28 PM |
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I prefer using it just because of money transfer. It is way too cheap for the service fee unlike others. But with buying a thing using it I cannot answer yet, i haveny tried it since I got here. All transactions are just online and never with a store outside or at the mall.
You must take into account that, when dealing with physical merchandise the problem of how to remain anonymous escalates, if you don’t care then that is fine but if you do then remaining anonymous is a lot harder. They cannot just deal with anonymous transaction because such establishment will not be able to comply with the laws of the country, if a certain store will accept bitcoin they will comply the customers to declare there real information in order to comply with the law. And that is why I said it will become harder, although taking some measures to try to reach it are not out of the question and that way you can improve your chances of remaining anonymous.. If bitcoin will be banned in a particular country, then buying via this currency is also prohibited. Or is the provision of personal documents may be required. And then anonymity is lost.
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Corenin
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October 01, 2016, 06:04:37 PM |
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Bitcoin gives its users multiple benefits which no other currency can offer, and if you only save them without doing anything with them even though you can expect higher profits in future.
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South Park
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October 02, 2016, 03:36:13 PM |
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Bitcoin gives its users multiple benefits which no other currency can offer, and if you only save them without doing anything with them even though you can expect higher profits in future.
That is one of the reasons is an incredible investment, just holding your bitcoins can give to you great profits, but if you also invest your bitcoins the earning can beat probably anything that is in the market right now.
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doraemon1
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October 02, 2016, 04:07:11 PM |
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-The fees is not a must part of BTC, you can make a transaction with no fees but would take ages to confirm, The most useful advantage would be the convenience in term of privacy IMO (Things you wouldn't want in your CC record) and in industries with some different opinions about it (Gambling etc...).
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jossiel
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October 02, 2016, 05:46:20 PM |
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-The fees is not a must part of BTC, you can make a transaction with no fees but would take ages to confirm, The most useful advantage would be the convenience in term of privacy IMO (Things you wouldn't want in your CC record) and in industries with some different opinions about it (Gambling etc...).
Fees are not a problem because that is where miners are getting bitcoins by confirmation different transactions that we are going to do each day. And customers or we should use bitcoins because this is going to be the future currency of all nation. Because of its convenience and easy to use by the people who are going to adopt it. Bitcoin is flexible and gives a lot of chance to earn so we should use and support it.
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vero
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October 02, 2016, 06:12:57 PM |
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Transaction costs are fast and cheaper than paying via Paypal and other payment processors. Also more and more people are using bitcoin now so why not take bitcoin as a payment gateway fr merchants also? It makes sense not to convert bitcoin in order to use it.
i guess for a fast problems all digital currency have nearly the same speed in the sending of money but for the fee that cannot be matched by any other digital currencies.
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1Referee
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October 02, 2016, 07:41:04 PM |
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-The fees is not a must part of BTC, you can make a transaction with no fees but would take ages to confirm, The most useful advantage would be the convenience in term of privacy IMO (Things you wouldn't want in your CC record) and in industries with some different opinions about it (Gambling etc...).
Free transactions will become a rare happening more and more as we progress throughout the years. Pools are really picky on transactions nowadays, and this will not change. Especially now fee income from transactions will get more important than even for pools as block rewards get lower and lower.
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lionheart78
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October 02, 2016, 07:51:07 PM |
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Bitcoin gives its users multiple benefits which no other currency can offer, and if you only save them without doing anything with them even though you can expect higher profits in future.
I agree, only bitcoin can give users a multiple package, currency, stock asset , investment. Customer can enjoy the security, fast transaction and ease of using bitcoin. Aside from that, he can also enjoy the trading pairss to BTC and have profit if he is skilled in trading. Aside from that holding BTC for a long period of time can give him more price value unlike fiat money which depreciate every year.
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dhimasnk
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October 02, 2016, 09:35:05 PM |
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I think because bitcoin provides many advantages to its customers. You also know that bitcoin is a payment system that is very easy to use. besides, bitcoin is also useful as a means to seek additional income
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Senor.Bla
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October 02, 2016, 09:57:06 PM |
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I think because bitcoin provides many advantages to its customers. You also know that bitcoin is a payment system that is very easy to use. besides, bitcoin is also useful as a means to seek additional income
i do not see the advantages, when i am in a store. how can i make additional income with bitcoin in a store? why is it easier then reaching in my pocket and pay with fiat?
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eddyubachs
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October 02, 2016, 11:02:05 PM |
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I think because bitcoin provides many advantages to its customers. You also know that bitcoin is a payment system that is very easy to use. besides, bitcoin is also useful as a means to seek additional income
i do not see the advantages, when i am in a store. how can i make additional income with bitcoin in a store? why is it easier then reaching in my pocket and pay with fiat? You need to understand his point, he is not saying that you can earn additional income by spending it in any store, but you can surely earn extra money from bitcoins if you work on signature campaign, trading etc.
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coin_gambler
Sr. Member
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October 02, 2016, 11:20:29 PM |
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To be a successful investor you must have the will to succeed and you designed your own method or improve that method that you read online, it is not necessary to trust other people on your decision because with enough knowledge you will be confident of you decision.
Well why people would invest on something if they don't have a will to succeed in the first place? Also hearing thoughts are just for suggestions purposes but still the investor itself will take care of the final outcome plan. thats true, if you are not expecting to be successful on something then there is no need to do it
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YTBitcoin
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October 02, 2016, 11:28:46 PM |
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I think because bitcoin provides many advantages to its customers. You also know that bitcoin is a payment system that is very easy to use. besides, bitcoin is also useful as a means to seek additional income
i do not see the advantages, when i am in a store. how can i make additional income with bitcoin in a store? why is it easier then reaching in my pocket and pay with fiat? The answer is that if you are a bitcoin earner and if you will pay with fiat then for that you will need to convert your bitcoin to fiat so you will pay some fees to exchange and then you will request that fiat to your bank account for that you will pay more fees to the service provider and then to the banks. But when you will pay with bitcoin then you will not require to pay any additional fees for any service.
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dezoel
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October 02, 2016, 11:32:35 PM |
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I think because bitcoin provides many advantages to its customers. You also know that bitcoin is a payment system that is very easy to use. besides, bitcoin is also useful as a means to seek additional income
i do not see the advantages, when i am in a store. how can i make additional income with bitcoin in a store? why is it easier then reaching in my pocket and pay with fiat? The answer is that if you are a bitcoin earner and if you will pay with fiat then for that you will need to convert your bitcoin to fiat so you will pay some fees to exchange and then you will request that fiat to your bank account for that you will pay more fees to the service provider and then to the banks. But when you will pay with bitcoin then you will not require to pay any additional fees for any service. Yeah if we are able to spend bitcoins directly for buying anything then there will be no involvement of any transaction fees and it will surely save our money and buying things would become more easier.
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NamedUser
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October 02, 2016, 11:40:24 PM |
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I think because bitcoin provides many advantages to its customers. You also know that bitcoin is a payment system that is very easy to use. besides, bitcoin is also useful as a means to seek additional income
i do not see the advantages, when i am in a store. how can i make additional income with bitcoin in a store? why is it easier then reaching in my pocket and pay with fiat? The answer is that if you are a bitcoin earner and if you will pay with fiat then for that you will need to convert your bitcoin to fiat so you will pay some fees to exchange and then you will request that fiat to your bank account for that you will pay more fees to the service provider and then to the banks. But when you will pay with bitcoin then you will not require to pay any additional fees for any service. Yeah if we are able to spend bitcoins directly for buying anything then there will be no involvement of any transaction fees and it will surely save our money and buying things would become more easier. Huh? Bitcoins have transaction fees. What do you mean, like, exchange fees to exchange to your local fiat currency? I'd have to assume spending Bitcoins will be handy when you forget your wallet but hav your phone on you! I know phones have the NFC option now but most people don't know about it/use it and it would be a great way to pay with Bitcoins (if that could somehow be implemented. Maybe a 4 digit PIN + tap is needed and that would be your hot wallet).
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Senor.Bla
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October 03, 2016, 08:33:18 AM |
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I think because bitcoin provides many advantages to its customers. You also know that bitcoin is a payment system that is very easy to use. besides, bitcoin is also useful as a means to seek additional income
i do not see the advantages, when i am in a store. how can i make additional income with bitcoin in a store? why is it easier then reaching in my pocket and pay with fiat? The answer is that if you are a bitcoin earner and if you will pay with fiat then for that you will need to convert your bitcoin to fiat so you will pay some fees to exchange and then you will request that fiat to your bank account for that you will pay more fees to the service provider and then to the banks. But when you will pay with bitcoin then you will not require to pay any additional fees for any service. you give a good reason why someone who gets paid in bitcoin should go to store where you can pay with bitcoin, but that is not the question OP was asking for. he was asking why a customer should pay in bitcoin and pay a extra fee instead of credit card. I think because bitcoin provides many advantages to its customers. You also know that bitcoin is a payment system that is very easy to use. besides, bitcoin is also useful as a means to seek additional income
i do not see the advantages, when i am in a store. how can i make additional income with bitcoin in a store? why is it easier then reaching in my pocket and pay with fiat? You need to understand his point, he is not saying that you can earn additional income by spending it in any store, but you can surely earn extra money from bitcoins if you work on signature campaign, trading etc. but how exactly does this help to answer the question that OP had? when a customer asks why he should pay with bitcoin and not with a credit card, the answer "because they have blue wallets and i like the color blue" is not the right answer.
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Senor.Bla
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October 03, 2016, 08:37:31 AM |
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I think because bitcoin provides many advantages to its customers. You also know that bitcoin is a payment system that is very easy to use. besides, bitcoin is also useful as a means to seek additional income
i do not see the advantages, when i am in a store. how can i make additional income with bitcoin in a store? why is it easier then reaching in my pocket and pay with fiat? The answer is that if you are a bitcoin earner and if you will pay with fiat then for that you will need to convert your bitcoin to fiat so you will pay some fees to exchange and then you will request that fiat to your bank account for that you will pay more fees to the service provider and then to the banks. But when you will pay with bitcoin then you will not require to pay any additional fees for any service. Yeah if we are able to spend bitcoins directly for buying anything then there will be no involvement of any transaction fees and it will surely save our money and buying things would become more easier. Huh? Bitcoins have transaction fees. What do you mean, like, exchange fees to exchange to your local fiat currency? I'd have to assume spending Bitcoins will be handy when you forget your wallet but hav your phone on you! I know phones have the NFC option now but most people don't know about it/use it and it would be a great way to pay with Bitcoins (if that could somehow be implemented. Maybe a 4 digit PIN + tap is needed and that would be your hot wallet). bitcoins have transaction fees. for every transaction you make and that includes from one of your wallets to another wallet you own, you pay fees to the miners around 07 cent right now. if you want to exchange bitcoin into fiat, then you pay the transaction fee from your wallet to the exchanges wallet and as exchanges want to earn some money you will have to pay them a fee for exchanging the money. this fee depends on them.
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terman45x
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October 03, 2016, 08:40:01 AM |
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People who know about the bitcoin and who are earning it will surely use bitcoins as they are aware about it features and benefits attached with it, but people who are not aware about bitcoin will never prefer to use it.
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Harlot
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October 03, 2016, 08:47:22 AM |
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People who know about the bitcoin and who are earning it will surely use bitcoins as they are aware about it features and benefits attached with it, but people who are not aware about bitcoin will never prefer to use it.
I am pretty sure that people who are not aware of Bitcoin ,will certainly not use bitcoin, But what you said about people who are aware of bitcoin are using it is not true, because I have friend who know bitcoin but do not use it. Obviously what bitcoin only needs is time for it to make people aware that there is an online currency.
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Betwrong
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October 03, 2016, 08:52:42 AM |
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I think because bitcoin provides many advantages to its customers. You also know that bitcoin is a payment system that is very easy to use. besides, bitcoin is also useful as a means to seek additional income
i do not see the advantages, when i am in a store. how can i make additional income with bitcoin in a store? why is it easier then reaching in my pocket and pay with fiat? The answer is that if you are a bitcoin earner and if you will pay with fiat then for that you will need to convert your bitcoin to fiat so you will pay some fees to exchange and then you will request that fiat to your bank account for that you will pay more fees to the service provider and then to the banks. But when you will pay with bitcoin then you will not require to pay any additional fees for any service. Yeah if we are able to spend bitcoins directly for buying anything then there will be no involvement of any transaction fees and it will surely save our money and buying things would become more easier. I think in that case transaction fees would stay where they are, but they are small so yeah, we can ignore them. To answer the OP's question " Why would customers use Bitcoins?" - if they don't have Bitcoins, they wouldn't use it. But those who have Bitcoins would for sure chose those stores who are accepting payments with BTC.
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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