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Author Topic: Why would customers use Bitcoins?  (Read 133882 times)
krishna1
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October 19, 2016, 05:36:40 PM
 #1821

yeah thats true that banks transact freely if you transfer in your own country but in case of btc it charges a little fees well i is actully not charging fees for the transportation it is just being verified so its more like verified and transfer system just for some cents i think its worth that much

The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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October 19, 2016, 06:44:08 PM
 #1822

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?

SAFETY

NET DEFLATIONARY

SMALL FEES ( I do have to pay fees when using my card)

FRICTIONLESS (no capital control)

FAST SETTLEMENT (10m- 60m)

CANT BE CONFISCATED (you are in control of your money)

Totally agree. To me there are several absolutely conclusive reasons why we all should use bitcoin. First, it's proven to be a viable investment asset as even seasoned investors and advisors that previously dismissed it as just another fly-by-night flop are now taking a true liking to it. Second, it's decentralized and thus can't be easily manipulated by a central authority. Third, it's easy to use, the fees are virtually negligible and settlements are quick and final.
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October 19, 2016, 07:47:02 PM
 #1823

I don't know about others but I mainly use them for online remittances as it very convenient and it involves very less fees in compare to banks and other payment methods like WU and credits are instant.
Actually I am also using bitcoin as a form of remittance as I regular send money to my wife in our province, I work in the city and we are far apart but because of bitcoin I can easily send money without a lot of requirements to do so, I can use my exchange site account to send money thru banks.
I don't get it. I don't get why Bitcoin has less transaction fees, can you tell me why? Because I have never been charged by my wallet by sending Bitcoin to other wallet addresses directly. Also the only time they charged me with something is when I convert my money to fiat by way of door-to-door deliver but other than that it is free like bank deposits and cardless atm withdrawals.

Usually the wallet client that you are using will advice you to include a certain fee. Of course you also have the option to send your transactions without any fees, but pools mostly ignore these transactions completely. Especially when they are considered to be dust. Just to clear things up, what client are you using?
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October 19, 2016, 07:52:55 PM
 #1824

People use bitcoin because of a lot of reasons,  the security of bitcoin is a very good reason.Also the anonymousity of bitcoin, pay with bitcoin since it doesn't register to any name or any personal information.

Yes that is the best reason which attract customers to use bitcoin suppose if a person want to buy some credits on a gambling site and he do not want to show his identity then he choose to use bitcoin.
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October 19, 2016, 09:20:27 PM
 #1825

People use bitcoin because of a lot of reasons,  the security of bitcoin is a very good reason.Also the anonymousity of bitcoin, pay with bitcoin since it doesn't register to any name or any personal information.

Yes that is the best reason which attract customers to use bitcoin suppose if a person want to buy some credits on a gambling site and he do not want to show his identity then he choose to use bitcoin.

Most of the users are using bitcoin for gambling as they know that bitcoin has made gambling easier as you can gamble anytime from anywhere without disclosing your identity and the best thing is that you can gamble even with a small amount.

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October 19, 2016, 09:31:42 PM
 #1826

Why indeed.

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October 19, 2016, 09:44:47 PM
 #1827

Bitcoin offers multiple benefits and people use them according to their needs that best fits them, for some it can be an investment for some it can be an source to earn extra money, and some may be looking to make quick money with trading and gambling.
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October 19, 2016, 11:38:25 PM
 #1828

Well i start using bitcoins because besides i be able to earn them for free, i can pay several things online for my projects as well hire developers, and i can buy almost anything online, only need to find a trusted place as well seller, besides that i do love and support bitcoin.
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October 19, 2016, 11:56:25 PM
 #1829

Well i start using bitcoins because besides i be able to earn them for free, i can pay several things online for my projects as well hire developers, and i can buy almost anything online, only need to find a trusted place as well seller, besides that i do love and support bitcoin.
yeah maybe the reason you joined when it could have made a lot of people are interested in you can say that using bitcoin as a payment method will be easier, faster, cheaper than you're using another payment method such as PayPal?
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October 20, 2016, 12:55:21 AM
 #1830

People use bitcoin because of a lot of reasons,  the security of bitcoin is a very good reason.Also the anonymousity of bitcoin, pay with bitcoin since it doesn't register to any name or any personal information.

Yes that is the best reason which attract customers to use bitcoin suppose if a person want to buy some credits on a gambling site and he do not want to show his identity then he choose to use bitcoin.

Most of the users are using bitcoin for gambling as they know that bitcoin has made gambling easier as you can gamble anytime from anywhere without disclosing your identity and the best thing is that you can gamble even with a small amount.
That is right. Gambling is one of the usage of bitcoin. Aside from being anonymous you can have easy access to gabmbling using bitcoin. But let us always take in consideration that gambling sites usually win in the end so its best to play for the purpose of entertainment and joy. Do not play much because in the end you will just lost all of your bitcoins.
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October 20, 2016, 01:00:36 AM
 #1831

People use bitcoin because of a lot of reasons,  the security of bitcoin is a very good reason.Also the anonymousity of bitcoin, pay with bitcoin since it doesn't register to any name or any personal information.

Yes that is the best reason which attract customers to use bitcoin suppose if a person want to buy some credits on a gambling site and he do not want to show his identity then he choose to use bitcoin.

Most of the users are using bitcoin for gambling as they know that bitcoin has made gambling easier as you can gamble anytime from anywhere without disclosing your identity and the best thing is that you can gamble even with a small amount.
That is right. Gambling is one of the usage of bitcoin. Aside from being anonymous you can have easy access to gabmbling using bitcoin. But let us always take in consideration that gambling sites usually win in the end so its best to play for the purpose of entertainment and joy. Do not play much because in the end you will just lost all of your bitcoins.

I just started a thread about a real online betting site now accepting Bitcoin https://bitcointalk.org/index.php?topic=1655461.0 This is not an Bitcoin casino, it is a real established mainstream online betting site. It is a big step for Bitcoin into the gambling industry.
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October 20, 2016, 01:17:01 AM
 #1832

People use bitcoin because of a lot of reasons,  the security of bitcoin is a very good reason.Also the anonymousity of bitcoin, pay with bitcoin since it doesn't register to any name or any personal information.

Yes that is the best reason which attract customers to use bitcoin suppose if a person want to buy some credits on a gambling site and he do not want to show his identity then he choose to use bitcoin.

Most of the users are using bitcoin for gambling as they know that bitcoin has made gambling easier as you can gamble anytime from anywhere without disclosing your identity and the best thing is that you can gamble even with a small amount.
That is right. Gambling is one of the usage of bitcoin. Aside from being anonymous you can have easy access to gabmbling using bitcoin. But let us always take in consideration that gambling sites usually win in the end so its best to play for the purpose of entertainment and joy. Do not play much because in the end you will just lost all of your bitcoins.

I just started a thread about a real online betting site now accepting Bitcoin https://bitcointalk.org/index.php?topic=1655461.0 This is not an Bitcoin casino, it is a real established mainstream online betting site. It is a big step for Bitcoin into the gambling industry.

Nice, it will help Bitcoin be knew between gamblers that don't use crypto-currencies yet. If more sites and shops start doing it we can increase this community and make more people start using BTC to buy stuff and pay for services on their daily life. More brands can be created and announced here and we will have more offers and services for us here on BitcoinTalk Forum!  Grin

 
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October 20, 2016, 01:20:42 AM
 #1833

Well i start using bitcoins because besides i be able to earn them for free, i can pay several things online for my projects as well hire developers, and i can buy almost anything online, only need to find a trusted place as well seller, besides that i do love and support bitcoin.
I agree with you . convenience is the most important point is offered by bitcoin. we can get the best service. using bitcoin we can shop with the utmost ease.

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October 20, 2016, 01:38:52 AM
 #1834

Customers should use it indeed because it has a great future a head and if they know its profitable they will step in fast if you are asking me.
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October 20, 2016, 04:23:27 AM
 #1835

Well i start using bitcoins because besides i be able to earn them for free, i can pay several things online for my projects as well hire developers, and i can buy almost anything online, only need to find a trusted place as well seller, besides that i do love and support bitcoin.
I agree with you . convenience is the most important point is offered by bitcoin. we can get the best service. using bitcoin we can shop with the utmost ease.

Well there are also convenience in doing money transactions today unlike in the past. There are mobile bankings, online bankings which is more instant than the confirmation time of bitcoin. Yes some bank are like that today.

Bitcoin is a great additional in those convenient method when dealing in money transfers, no doubt about that.

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October 20, 2016, 04:39:05 AM
 #1836

One of the best ways to get customers using Bitcoin would to offer discounts, and this goes as a reason for why customers would like to use Bitcoin. If the discounts exist, customers would likely start to use Bitcoin to make use of the discounts offered.
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October 20, 2016, 05:05:19 AM
 #1837

I don't know about others but I mainly use them for online remittances as it very convenient and it involves very less fees in compare to banks and other payment methods like WU and credits are instant.
Actually I am also using bitcoin as a form of remittance as I regular send money to my wife in our province, I work in the city and we are far apart but because of bitcoin I can easily send money without a lot of requirements to do so, I can use my exchange site account to send money thru banks.
I don't get it. I don't get why Bitcoin has less transaction fees, can you tell me why? Because I have never been charged by my wallet by sending Bitcoin to other wallet addresses directly. Also the only time they charged me with something is when I convert my money to fiat by way of door-to-door deliver but other than that it is free like bank deposits and cardless atm withdrawals.

Usually the wallet client that you are using will advice you to include a certain fee. Of course you also have the option to send your transactions without any fees, but pools mostly ignore these transactions completely. Especially when they are considered to be dust. Just to clear things up, what client are you using?


I think this guy is using the Xapo wallet, far I know, with this wallet you don't need to pay fees... Anyone can confirm it?
And well, if you are not payment taxes, someone are paying it for some reason Wink
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October 20, 2016, 06:57:46 AM
 #1838

Yes. It will be so nice if there will be more people will use Bitcoin as a payment method, so you will make Bitcoin more popular.
And that can be very good, you can see that the world is becoming more modern also and that is perfect.
The only thing is that Bitcoin must be more acceptable later so we can spend it more.
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October 20, 2016, 07:30:26 AM
 #1839

I don't know about others but I mainly use them for online remittances as it very convenient and it involves very less fees in compare to banks and other payment methods like WU and credits are instant.
Actually I am also using bitcoin as a form of remittance as I regular send money to my wife in our province, I work in the city and we are far apart but because of bitcoin I can easily send money without a lot of requirements to do so, I can use my exchange site account to send money thru banks.
I don't get it. I don't get why Bitcoin has less transaction fees, can you tell me why? Because I have never been charged by my wallet by sending Bitcoin to other wallet addresses directly. Also the only time they charged me with something is when I convert my money to fiat by way of door-to-door deliver but other than that it is free like bank deposits and cardless atm withdrawals.

Usually the wallet client that you are using will advice you to include a certain fee. Of course you also have the option to send your transactions without any fees, but pools mostly ignore these transactions completely. Especially when they are considered to be dust. Just to clear things up, what client are you using?



I think this guy is using the Xapo wallet, far I know, with this wallet you don't need to pay fees... Anyone can confirm it?
And well, if you are not payment taxes, someone are paying it for some reason Wink
Actually we can create as many wallet as we want because there are fees but we should not worry on that as it is not that big, it should be on the convenience of the users if he has different wallet so it would be easy for him to access his funds if he feels to transact online anytime. That's the beauty of bitcoin as we can transact anytime we want.

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Snorek
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October 20, 2016, 07:41:20 AM
 #1840

Why? Because most services which accepts bitcoin now are not asking about my name, address or credit card number.
In addition I am sure that no one will hack their data base and steal my personal data, credit card and use it later.

Is that enough?
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