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Author Topic: Why would customers use Bitcoins?  (Read 133882 times)
tabas
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October 10, 2016, 03:58:43 PM
 #1661

Most customers use it because they are hard core followers of bitcoins and they want it to get famous in their community. Then, it can also be because of the convenience them get. I don't know about other reasons...

That is going to help the bitcoin economy if customers will use bitcoins for they are going to contribute and add another into the demand of it. And the other reasons behind it is because the ease of using bitcoin is just like you are bringing a debit card but it is digital and you don't have to use cards just for shopping online or outside.

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October 10, 2016, 04:05:51 PM
 #1662

Customers would use bitcoin for anonymity, lower fees, fast transfer (worldwide). For me i love to see a digital currency just disappear or appear and it has a price.

Bitcoin is new type of payment, so it takes some tie to adapt and believe. some years ago many people were afraid to use ATM cards to take cash, then debit cards to purchase online. Now those became familiar and many using them, so will bitcoin become familiar and all fear on bitcoin will fade away and many would use bitcoin as their secondary currency.



The lower fees is what is inviting to the eyes of many and I use it whenever I introduce bitcoin. I compare it to how much they pay with Western Union then see how much they can save in an annual basis. But still they are somehow doubtful of it saying they got used to the same company that they have been using. It is just really sad even if there are proofs already.

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October 10, 2016, 04:07:25 PM
 #1663

It's not just the 10 cents fee, you also can include the 1-2% of exchanges when you go to buy bitcoins... And well, the other side will pay this 1-2% to the exchanges too to convert the money into fiat.

So at the end of the day, we are in the same 5% of the credit cards, bitcoin at the moment isn't a big deal.
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October 10, 2016, 04:11:36 PM
 #1664

1. It's almost instant
2. If you're selling through paypal, you can prevent chargeback scams in bitcoins
3. you don't have to physically sign stuff like when sending checks

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arcanaaerobics
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October 10, 2016, 05:52:09 PM
 #1665

1. It's almost instant
2. If you're selling through paypal, you can prevent chargeback scams in bitcoins
3. you don't have to physically sign stuff like when sending checks

By your reply... Hmm... Why not use other altcoin with a fast block time and more privacity?

People uses bitcoin in cryptos because that's the first one, the gold currency.
Tyrantt
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October 10, 2016, 07:52:27 PM
 #1666

1. It's almost instant
2. If you're selling through paypal, you can prevent chargeback scams in bitcoins
3. you don't have to physically sign stuff like when sending checks

By your reply... Hmm... Why not use other altcoin with a fast block time and more privacity?

People uses bitcoin in cryptos because that's the first one, the gold currency.

Well it's the first one , the most known one, the one with the highest price and the one that is the main coin in all of the crypto currency world. Of course they'll be going to promote btc and not some other altcoin.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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Senor.Bla
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October 10, 2016, 08:13:59 PM
 #1667

1. It's almost instant
2. If you're selling through paypal, you can prevent chargeback scams in bitcoins
3. you don't have to physically sign stuff like when sending checks

By your reply... Hmm... Why not use other altcoin with a fast block time and more privacity?

People uses bitcoin in cryptos because that's the first one, the gold currency.

Well it's the first one , the most known one, the one with the highest price and the one that is the main coin in all of the crypto currency world. Of course they'll be going to promote btc and not some other altcoin.
but this could change. right now bitcoin is way ahead of most altcoins, but if bitcoins development takes a turn for the worse it might happen. maybe not fast since probably 80% of bitcoins userbase do not have an interest in altcoins, but i could happen.

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October 10, 2016, 08:26:32 PM
 #1668

1. It's almost instant
2. If you're selling through paypal, you can prevent chargeback scams in bitcoins
3. you don't have to physically sign stuff like when sending checks

By your reply... Hmm... Why not use other altcoin with a fast block time and more privacity?

People uses bitcoin in cryptos because that's the first one, the gold currency.

Well it's the first one , the most known one, the one with the highest price and the one that is the main coin in all of the crypto currency world. Of course they'll be going to promote btc and not some other altcoin.
but this could change. right now bitcoin is way ahead of most altcoins, but if bitcoins development takes a turn for the worse it might happen. maybe not fast since probably 80% of bitcoins userbase do not have an interest in altcoins, but i could happen.

Bitcoin is ahead of all altcoins. Altcoins having more features doesn't mean they are better. It's an industry that drives on speculation only. The far majority of the altcoins end up losing nearly its entire value after a few years.
bitcoluck
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October 10, 2016, 09:00:49 PM
 #1669

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?

People must need to used bitcoin because of some reasons, one of the reasons is that bitcoin is very anonymous.
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October 10, 2016, 09:13:04 PM
 #1670

1. It's almost instant
2. If you're selling through paypal, you can prevent chargeback scams in bitcoins
3. you don't have to physically sign stuff like when sending checks

By your reply... Hmm... Why not use other altcoin with a fast block time and more privacity?

People uses bitcoin in cryptos because that's the first one, the gold currency.

Well it's the first one , the most known one, the one with the highest price and the one that is the main coin in all of the crypto currency world. Of course they'll be going to promote btc and not some other altcoin.
but this could change. right now bitcoin is way ahead of most altcoins, but if bitcoins development takes a turn for the worse it might happen. maybe not fast since probably 80% of bitcoins userbase do not have an interest in altcoins, but i could happen.

Bitcoin is ahead of all altcoins. Altcoins having more features doesn't mean they are better. It's an industry that drives on speculation only. The far majority of the altcoins end up losing nearly its entire value after a few years.
Every single altcoin right now has a majority of its value pushed through by speculators and traders who are trying to make it big on the market, and while a lot of altcoins exist the ones with new features get pumped because "oh this can work better" yet it is just pumped like every other altcoin and then dumped soon afterwards. It really is a losing situation for any altcoin devs right now.
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October 10, 2016, 09:22:06 PM
 #1671

1. It's almost instant
2. If you're selling through paypal, you can prevent chargeback scams in bitcoins
3. you don't have to physically sign stuff like when sending checks

By your reply... Hmm... Why not use other altcoin with a fast block time and more privacity?

People uses bitcoin in cryptos because that's the first one, the gold currency.

Well it's the first one , the most known one, the one with the highest price and the one that is the main coin in all of the crypto currency world. Of course they'll be going to promote btc and not some other altcoin.
but this could change. right now bitcoin is way ahead of most altcoins, but if bitcoins development takes a turn for the worse it might happen. maybe not fast since probably 80% of bitcoins userbase do not have an interest in altcoins, but i could happen.

Bitcoin is ahead of all altcoins. Altcoins having more features doesn't mean they are better. It's an industry that drives on speculation only. The far majority of the altcoins end up losing nearly its entire value after a few years.
Every single altcoin right now has a majority of its value pushed through by speculators and traders who are trying to make it big on the market, and while a lot of altcoins exist the ones with new features get pumped because "oh this can work better" yet it is just pumped like every other altcoin and then dumped soon afterwards. It really is a losing situation for any altcoin devs right now.

The majority of the people behind the coin that they launched aren't devs at all. They bought everything and make false promises about the direction that their project is heading. Not sure why people still fall for it.
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October 10, 2016, 11:14:09 PM
 #1672

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?

People must need to used bitcoin because of some reasons, one of the reasons is that bitcoin is very anonymous.
Lol if you're just saying that users should use bitcoin as anonymous bitcoin, it's not going to get other people interested, there is no urgency to use the currency anonymous to the public. so you need a strong reason to attract the users
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October 11, 2016, 02:28:51 AM
 #1673

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?

People must need to used bitcoin because of some reasons, one of the reasons is that bitcoin is very anonymous.
Lol if you're just saying that users should use bitcoin as anonymous bitcoin, it's not going to get other people interested, there is no urgency to use the currency anonymous to the public. so you need a strong reason to attract the users
It was hard to convince the persons who are not interested but we need to do something to convince them to used it i think we need to explain that bitcoin has more services that can helps them to improve their life.
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October 11, 2016, 04:17:06 AM
 #1674

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?

People must need to used bitcoin because of some reasons, one of the reasons is that bitcoin is very anonymous.
Lol if you're just saying that users should use bitcoin as anonymous bitcoin, it's not going to get other people interested, there is no urgency to use the currency anonymous to the public. so you need a strong reason to attract the users
It was hard to convince the persons who are not interested but we need to do something to convince them to used it i think we need to explain that bitcoin has more services that can helps them to improve their life.

The essence of having good profit and having convenience while using it here are some of the reasons that is going to make a customer use bitcoins. And for sure they are going to love it once they started using it. And that is going to make them able to convince to use bitcoins and they are going to be in trend for using it.



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October 11, 2016, 05:47:38 AM
 #1675

One reason is that they do not want to have their name involved.
When they buy access to adult sites for example.
So guaranteeing the anonimity of a user is a way of advertisement that could be used much more to increase the interest for bitcoins in general.

It is like "legal illegal" way of buying stuff.
Legal because there is no law yet pertaining to this and illegal because, yeah, anyone can sell/buy illegal stuff through bitcoin without being detected.
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October 11, 2016, 06:30:33 AM
 #1676

One reason is that they do not want to have their name involved.
When they buy access to adult sites for example.
So guaranteeing the anonimity of a user is a way of advertisement that could be used much more to increase the interest for bitcoins in general.

It is like "legal illegal" way of buying stuff.
Legal because there is no law yet pertaining to this and illegal because, yeah, anyone can sell/buy illegal stuff through bitcoin without being detected.
It depends on what you buy with your bitcoin, if you buy like drugs or guns that is illegal and you are accountable for that if you will get caught, although you are using bitcoin but the act alone is already illegal and punishable by law.

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mace15
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October 11, 2016, 06:34:20 AM
 #1677

Customers would choose to use bitcoins because of easy transactions.
Faster transactions, low cost fee, easy to use. These are the reasons
why other customes would really choose bitcoins.
1Referee
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October 11, 2016, 06:46:05 AM
 #1678

Customers would choose to use bitcoins because of easy transactions.
Faster transactions, low cost fee, easy to use. These are the reasons
why other customes would really choose bitcoins.

If I take myself as an example when paying in local stores, I don't pay any fees, transactions are near instant when I pay with my NFC enabled bank card, refunds can be sent instantly to my bank card again when needed. This gives the average joe no incentive to use Bitcoin as currency in the "offline" world.
Shibashi Dogemoto
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October 11, 2016, 07:03:13 AM
 #1679

One reason is that they do not want to have their name involved.
When they buy access to adult sites for example.
So guaranteeing the anonimity of a user is a way of advertisement that could be used much more to increase the interest for bitcoins in general.

It is like "legal illegal" way of buying stuff.
Legal because there is no law yet pertaining to this and illegal because, yeah, anyone can sell/buy illegal stuff through bitcoin without being detected.
It depends on what you buy with your bitcoin, if you buy like drugs or guns that is illegal and you are accountable for that if you will get caught, although you are using bitcoin but the act alone is already illegal and punishable by law.
If you will use it any bad activities then it will be definitely treated as an illegal and I think we all involved in illegal activities as we use often use them in gambling to make quick money.
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October 11, 2016, 07:11:27 AM
 #1680

Since when are credit cards 0% fee ? I'm pretty sure you're talking about debit cards, because everything you buy from CC is basically debt that they bill you later on.
But anyways, that credit you have on your card can be taken away by bank/government at any time, whereas bitcoin is only yours to command.
Merchants actually dont like CC's , due to chargebacks and high fee they are paying to bank/commissioner company..
I dont know why people would use bitcoins maybe because you can do allot of things with the bitcoin and not only that you can also make money with the bitcoin
and allot of people loves to make moneyt dont you.
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