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Author Topic: Why would customers use Bitcoins?  (Read 133882 times)
lanslans
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October 12, 2016, 12:38:00 PM
 #1721

More secure and flexible use bitcoin, i'm using btc cause you dont need card number which used by credit card, or more flexible than paypal. Bitcoin is best payment on internet  Grin
InsideBjorn
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October 12, 2016, 01:09:02 PM
 #1722

Customers should use the bitcoin because of the fact that you can make some nice amounts with it and you can also easily pay with it globally.
Its easy and I think also worth trying it at least.
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October 12, 2016, 01:13:36 PM
 #1723

Customers should use the bitcoin because of the fact that you can make some nice amounts with it and you can also easily pay with it globally.
Its easy and I think also worth trying it at least.

If you are a customer then you won't be dealing with the fact that you can make some nice amounts from bitcoin since you will spend it and not to saved it obviously.

Well paying bitcoin is really easy if a merchants or store will make it easy like putting terminals of qr code like credit card does.


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goinmerry
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October 12, 2016, 01:21:37 PM
 #1724

We should gave them a really good reason for this answer. It is hard to pinpoint good things about bitcoin since there have been a history of bad things that is happening and it is going on up until now.
So the best answer for me is still with the transaction fees and the future projects that will be happening so they need to get ready for that.
JumperX
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October 12, 2016, 01:25:29 PM
 #1725

We should gave them a really good reason for this answer. It is hard to pinpoint good things about bitcoin since there have been a history of bad things that is happening and it is going on up until now.
So the best answer for me is still with the transaction fees and the future projects that will be happening so they need to get ready for that.

Every coins has two sides, good and bad but without focusing on bad things we should show them the positives attached with bitcoins and a person who believes in innovative technology will surely start using it.
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October 12, 2016, 01:55:25 PM
 #1726

Costumers will use bitcoins almost for everything i dont know for what kind of things but you can almost buy everything with the bitcoin and that is nice becuaes i love to see
peopel using the bitcoin for everything.
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October 12, 2016, 02:07:05 PM
 #1727

People should choose bitcoin because it is free to use and no one will know who you are if you are dealing with someone else and bitcoin will keep your privacy safe and still anonymous if im the customer im going to choose bitcoin than credit card and bitcoin for sure inthe future will going to choose people.

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October 12, 2016, 02:21:56 PM
 #1728

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?

It is because bitcoin is very much easy to use as payment in any online transaction, moreover it is also very secured, it has no risk if you use it and has very low fees of charge in every transactions.
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October 12, 2016, 02:33:19 PM
 #1729

We should gave them a really good reason for this answer. It is hard to pinpoint good things about bitcoin since there have been a history of bad things that is happening and it is going on up until now.
So the best answer for me is still with the transaction fees and the future projects that will be happening so they need to get ready for that.

Every coins has two sides, good and bad but without focusing on bad things we should show them the positives attached with bitcoins and a person who believes in innovative technology will surely start using it.
But I could not find the any negative aspects in using bitcoin payments system. Some people may point out about slow confirmation time, but that will not be a problem when we are using bitcoins with a debit card. Bitcoin has all the positive aspects to be used as a payment system for any business, hopefully people will understand this and start adopting bitcoins payments very soon.
randy8777
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October 12, 2016, 02:51:37 PM
 #1730

People should choose bitcoin because it is free to use and no one will know who you are if you are dealing with someone else and bitcoin will keep your privacy safe and still anonymous if im the customer im going to choose bitcoin than credit card and bitcoin for sure inthe future will going to choose people.

when people buy their daily needs with bitcoin in their local stores, then it's not really free as you are supposed to include an average fee with all your transactions. if you don't add any fees, your transaction will most likely never get confirmed if it's a relatively low amount. that's something you should keep in mind.
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October 12, 2016, 03:00:37 PM
 #1731

What is the 3 cent fee for? Using bitcoin in different transaction won't charge you 3 cent fee at all. Can you please explain further? I really don't understand what is this 3 cent fee is for. To answer your question about why would customers use bitcoin, it is because you can save more time and energy when you use it in a transaction like when you're buying things online and the payment would be bitcoin. It is less hassle than you would have to go there personally and buy that certain stuff that you want to buy.
markj113
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October 12, 2016, 03:06:18 PM
 #1732

But I could not find the any negative aspects in using bitcoin payments system. Some people may point out about slow confirmation time, but that will not be a problem when we are using bitcoins with a debit card. Bitcoin has all the positive aspects to be used as a payment system for any business, hopefully people will understand this and start adopting bitcoins payments very soon.

Some negatives:

1) When sourcing bitcoin you usually end up paying over market rate, especially for small amounts.  I cant see many of the general public signing up to exchanges just to source a little bitcoin.

2) Volatility, by the time you try to spend the bitcoin you sourced it could be worth less than you need to buy the goods.

3) Slow confirmations

4) You need to be fairly computer literate to ensure a safe secure system and wallet, otherwise the hackers will rob you blind

2double0
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October 12, 2016, 03:28:38 PM
 #1733

But I could not find the any negative aspects in using bitcoin payments system. Some people may point out about slow confirmation time, but that will not be a problem when we are using bitcoins with a debit card. Bitcoin has all the positive aspects to be used as a payment system for any business, hopefully people will understand this and start adopting bitcoins payments very soon.

Some negatives:

1) When sourcing bitcoin you usually end up paying over market rate, especially for small amounts.  I cant see many of the general public signing up to exchanges just to source a little bitcoin.

2) Volatility, by the time you try to spend the bitcoin you sourced it could be worth less than you need to buy the goods.

3) Slow confirmations

4) You need to be fairly computer literate to ensure a safe secure system and wallet, otherwise the hackers will rob you blind



My reply for your negatives:

1) If you don't want to pay fee for small transactions, you might make them together and send all at once. Or if you are talking about bets, I think you are right somewhere but gambling is what bitcoins are used mostly at.

2) Volatility, is all we are here for. If the price increases, then? Won't that be an exciting moment to spend your coins at higher rates and get more out of it?

3) About confirmations, they aren't slow, but takes long periods between them but once you get confirmations, you will get 3 - 4 in just 20 minutes. I have observed it myself.

4) No need to be a lot computer literate, you just need to take care of your private key and wallet, and everything is just fine.

Smiley
krishna1
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October 12, 2016, 03:39:59 PM
 #1734

bitcoin supply us many numerious ways of features which are impossible to get from banks or any other servic because everyone needs to make their own profit first and thats a human nature and it is a reason that people do not get full access to anything

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October 12, 2016, 03:42:53 PM
 #1735

We should gave them a really good reason for this answer. It is hard to pinpoint good things about bitcoin since there have been a history of bad things that is happening and it is going on up until now.
So the best answer for me is still with the transaction fees and the future projects that will be happening so they need to get ready for that.

Every coins has two sides, good and bad but without focusing on bad things we should show them the positives attached with bitcoins and a person who believes in innovative technology will surely start using it.
But I could not find the any negative aspects in using bitcoin payments system. Some people may point out about slow confirmation time, but that will not be a problem when we are using bitcoins with a debit card. Bitcoin has all the positive aspects to be used as a payment system for any business, hopefully people will understand this and start adopting bitcoins payments very soon.

Wait. No. It is not about the debit card that they are freaking out about. That confirmation time is really getting way too long and you see a lot of users have been moving their money. From payments to their services, gambling and putting their money in different baskets. This makes it really hard for them for they would need to wait and the fear is there that it might not be received.

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October 12, 2016, 03:47:52 PM
 #1736

We should gave them a really good reason for this answer. It is hard to pinpoint good things about bitcoin since there have been a history of bad things that is happening and it is going on up until now.
So the best answer for me is still with the transaction fees and the future projects that will be happening so they need to get ready for that.

Every coins has two sides, good and bad but without focusing on bad things we should show them the positives attached with bitcoins and a person who believes in innovative technology will surely start using it.
But I could not find the any negative aspects in using bitcoin payments system. Some people may point out about slow confirmation time, but that will not be a problem when we are using bitcoins with a debit card. Bitcoin has all the positive aspects to be used as a payment system for any business, hopefully people will understand this and start adopting bitcoins payments very soon.

Not with the negative aspects but the price fluctuations itself. If a store is fiat based then accepting bitcoin will really take into consideration since they are not saving bitcoin but rather use the money to bought a product from their respective distibuters.

They don't want the unstable price that's why stores especially the physical stores are somehow doesn't putting seriousness in accepting bitcoin as one of their payment options. Plus the fact that in a certain location, only few people using bitcoin.

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October 12, 2016, 07:39:57 PM
 #1737

Bitcoin users have bitcoin lying around. So if stores offer their products with bitcoin, they will have access to a new class of customers. As for normal customers, I don't see any benefits.
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October 12, 2016, 11:31:35 PM
 #1738

If someone (bank for example) could block your money account, it means it is not your money. Nobody can block my bitcoin account, that is why I use bitcoin as a customer! We have to explicate what bitcoin is, why we shell not trust to banks.

if you store all your coins offline in your own control, and don't make use of online wallets and exchanges to store your coins, then no one can freeze your coins or tell you what to do with them. there is no interference from anyone. it's just you and your coins.
agree I think it could attract many users because I'm sure there are many people out there who are looking for a currency which is confidential and safe and there are no controls in it. therefore bitcoin is their answer. and they will certainly use bitcoin
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October 13, 2016, 04:05:38 AM
 #1739

we can convince them to use bitcoin with good explanation about the better services of bitcoin and also customer would be use bitcoin to make their life easily because even in the house they can transact online if they only paying their bills.
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October 13, 2016, 07:21:33 AM
 #1740

we can convince them to use bitcoin with good explanation about the better services of bitcoin and also customer would be use bitcoin to make their life easily because even in the house they can transact online if they only paying their bills.
Bitcoin is good to use in paying online due to the fact that it is fast and cheap in terms of transaction fee, however there are only limited stores who are accepting, maybe the big question there is whether a business would adopt with bitcoin because the customer will just follow.

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