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Author Topic: Why would customers use Bitcoins?  (Read 133882 times)
ZlaiaZaia
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December 03, 2016, 06:43:10 PM
 #1941

If you have made a British bargain through Blokcheyn first in the world, then surely it is already possible to be confident that the Bitcoin has a great future.
elena-tur
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December 03, 2016, 07:20:30 PM
 #1942

Transactions in Bitcoins do not include commissions, and if they provide the minimum. This is better than the use of bank credit cards.
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December 03, 2016, 07:55:05 PM
 #1943

Your privacy is remain, no names, no address
Bitcoin is very convenient to store their incomes and not only earn on it. There are no regulatory bodies, and the banks can not take it from you. This is a big plus for those whose faith in the reliability of the banking system weakens.
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December 03, 2016, 08:35:23 PM
 #1944

Today the majority of purchases are performed through a credit card, but in the 20 's and 30-ies of the last century, the Internet has not even pondered. No one thought to use my favourite online. They are unreliable. By filling in forms on the sites, you will be prompted to enter information such as card number, expiration date and security code. It is hard to think of a less secure method of payment. Therefore, credit card data and then turn out to be stolen. Transactions in bitkoinah do not involve disclosing any personal data.
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December 03, 2016, 08:59:30 PM
 #1945

Because the credit card companies charge close to 30% interest on their charges of interest while bitcoin does not charge a thing because you pay for it and forget it. There is nothing more to pay after the purchase is done with bitcoin but with credit cards there always is.

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December 03, 2016, 09:20:44 PM
 #1946

The first enemy of the people and their household budget, is inflation. Sometimes the State itself gives rise to inflation because their financial system is bursting at the seams and they release more money in circulation. Has developed so that the the number of coins is limited. Originally conceived that it is impossible to "get" more than 21 million coins. This means that as soon as this number is reached, it will be impossible to create more bitcoins, so that inflation here is impossible.
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December 04, 2016, 04:49:12 AM
 #1947

Customers should use bitcoin because someday we're all going to be using it. There are more reasons than this but yeah everyone else will be using crypto later.
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December 04, 2016, 05:43:54 AM
 #1948

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?

If you think you have to pay nothing for buying something by a credit card then you are in a great illusion my friend. The bank charges you quite high if you do not pay at time. It will incurr charges on daily basis.
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December 18, 2016, 11:12:43 PM
 #1949

For some users, the fact that Bitcoin is decentralized and easy to use is probably not enough, so I think some things can improve, such as the speed of transactions. Maybe with lightning network things will be different. Another aspect that may give users reasons to adopt the currency is a wider variety of places to spend Bitcoin. Merchants would also need to take initiative for this, of course.
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December 19, 2016, 01:16:41 AM
 #1950

Most the time people aren't using bitcoins these days its mostly giftcards they bought with bitcoin.
Or debit cards that exchange bitcoins to the currency your being charged for.

You would need to offer % off for bitcoin for it to really matter to people since everyone loves a deal.



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December 19, 2016, 07:16:06 PM
 #1951

because it is much easier to pay
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December 19, 2016, 08:50:34 PM
 #1952

First, you can use it anywhere in the world, and transactions are irreversible. Since Bitcoin is still yet to be adopted by everyone in the world, it's safe to say that credit card is more accessible but not the best way of transacting. Bitcoin is designed to be the future of transactions the best is yet to come.
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December 19, 2016, 11:46:27 PM
 #1953

If I was at a retail establishment and was told that it could take from 15 minutes to 2 hours to pay for something...I am going to take a pass on that transaction.

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December 20, 2016, 12:29:16 AM
 #1954

First, you can use it anywhere in the world, and transactions are irreversible. Since Bitcoin is still yet to be adopted by everyone in the world, it's safe to say that credit card is more accessible but not the best way of transacting. Bitcoin is designed to be the future of transactions the best is yet to come.

True, we're still asking average people addicted to convenience to use a clumsy desktop GUI to use Bitcoin. There have been some advancements in convenience by third party vendors like BitPay and Trezor but there needs to be a lot more standardization among them. If you get a debit card from any bank in the world it will work the same way as every other debit card. Third party vendors need to almost completely remove the need to understand the inner workings of Bitcoin to use it. That is the first step to making Bitcoin a worldwide currency.

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December 20, 2016, 08:39:38 AM
 #1955

Because it is anonymous and the transaction fees is much lower if you compare to bank fees for sending money overseas for payment of goods
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December 20, 2016, 12:52:01 PM
 #1956

because they already have them and exchange them for money would be more expensive and harder?
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December 20, 2016, 03:57:26 PM
 #1957

because they already have them and exchange them for money would be more expensive and harder?

That's true if you assume the only people that spend Bitcoin are the people mining it (and that could be true).

You don't feel that anyone buys Bitcoin to spend as currency? Do you think that's because of the difficulty of purchasing Bitcoin or the expensive exchange fees between currencies?

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December 24, 2016, 10:22:23 AM
 #1958

Bitcoin have potential to become first world wide valute. Because its electronic beginning its not just one country valute, and its used all over the world. If it become fully stable and aproved by all countrys it will become most used way of paying.

That is right. You can buy things from other countries.
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December 31, 2016, 05:28:06 AM
 #1959

Many customers use just because it's a good resource for saving their income and at the same time no-tax state. Thus, you can save enough money.
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December 31, 2016, 05:58:57 AM
 #1960

Bitcoin have potential to become first world wide valute. Because its electronic beginning its not just one country valute, and its used all over the world. If it become fully stable and aproved by all countrys it will become most used way of paying.

That is right. You can buy things from other countries.
Members engaged in mining, especially in the presence of low-cost electricity, it is a very profitable business. Thus bitcoin is a strong source of revenue.
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