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Author Topic: Why it is better to buy things with Bitcoins rather than another currency?  (Read 2553 times)
hermanhs09
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July 10, 2016, 02:58:13 PM
 #61

I've been using bitcoin a lot to buy stuff on Amazon.  It is great because you can get a good discount on any Amazon product.
I too use to shop online we can save 15% Off Amazon with Bitcoin . Earners with gift cards will purchase your order in exchange for bitcoin.

This is one of the reason why Bitcoin is better to buy things rather than other currency.  As promotional price as to introduce bitcoin, several online shop give discounts to those who pay them with Bitcoin.  Another thing is that using Bitcoin doesn't require you to send all your personal info including visa card or credit card.

That is another huge plus with using bitcoin.  You don't have to worry that Amazon/Ebay/Etc.  are going to keep your credit card information safe.  You don't even have to give any personal information, just send the right amount of bitcoin to the merchant and everyone is happy.  You get your stuff, and they get their money.
I also like buying in bitcoin because it is really fast,you can buy anything during the weekend,
and the seller will know it fast also that you have sent payement already,right?
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July 10, 2016, 02:59:56 PM
Last edit: July 10, 2016, 06:44:32 PM by Hazir
 #62

This is one of the reason why Bitcoin is better to buy things rather than other currency.  As promotional price as to introduce bitcoin, several online shop give discounts to those who pay them with Bitcoin.  Another thing is that using Bitcoin doesn't require you to send all your personal info including visa card or credit card.
Actually you when you are using Bitcoin to buy something online, something physical at least. You usually have to share your personal information as well.
Your credit card number will be safe in this case; but your address or name will be already in database of a shop, or service you are using, with annotation - bitcoin user.


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hermanhs09
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July 10, 2016, 03:05:26 PM
 #63

This is one of the reason why Bitcoin is better to buy things rather than other currency.  As promotional price as to introduce bitcoin, several online shop give discounts to those who pay them with Bitcoin.  Another thing is that using Bitcoin doesn't require you to send all your personal info including visa card or credit card.
Actually you when you are using Bitcoin to buy something online, something physical at least. You usually have to share your personal information as well.
Your credit card number will be safe in this case but your address or name will be already in database of shop or service you are using with annotation - bitcoin user.

this is somekind of problem indeed,when you buy anything at clearnet with bitcoin,they
can link you later with your btc address or something else right? so you lose some of  yours anonymousness.
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July 10, 2016, 04:10:01 PM
 #64

BTC has a hard limit of 21mn. Scarcity is a key variable for a strong store of value attribute to kick in for any asset. That simple design principle is a key reason for BTC to flourish.

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hermanhs09
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July 10, 2016, 04:19:20 PM
 #65

BTC has a hard limit of 21mn. Scarcity is a key variable for a strong store of value attribute to kick in for any asset. That simple design principle is a key reason for BTC to flourish.
Dont get over-excited buddy.
It will take many many years,to get 21 million mined out of the pool,i dont know when,
but i would not expect it before 2030.
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July 10, 2016, 04:31:03 PM
 #66

actually it is more convenient to use btiocin instead of any other currency. you need not to convert bitcoin to any other local currency where you are going yous it. for example if a person has gone to UAE there he want to do shopping for their family and want to buy so food stuff for himself. if the shope keeper is accepting the bitcoin there there is no need to convert the your money in any other currency you can buy thing using bitocin directly.
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July 12, 2016, 12:12:15 AM
 #67

The reason why Bitcoins is better to buy things rather than another currency,  It is because of popularity,
the price is high compare to other currency,  And Bitcoins most accepted whether in commercial business, online business, and
advertising business.
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July 12, 2016, 12:27:49 AM
 #68

...

I have only bought gold with Bitcoin, and I did not get any special deal (lower price) using BTC with:

providentmetals.com

It's convenient, and I get my PMs faster, but they charge some 1% more (vs. check).  They hold the check a week though until it clears.

Nor have I found anyone at eBay who will take BTC.
Posum578
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July 12, 2016, 12:31:08 AM
 #69

Why bitcoin better rather than another currency is because we dont need verivy our identity. It is anonymouse wo dont know about seller and seller dont know about us.
so because that I always use it for buying or selling online
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July 12, 2016, 12:42:09 AM
 #70

With BTC you won't get limited if you have a large amount of money, unlike paypal.
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July 12, 2016, 12:48:11 AM
 #71

But when the price is going uptrend, we'd better to hold our coins and sell it for fiat later to pay the bill.
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July 12, 2016, 12:54:36 AM
 #72

Why bitcoin better rather than another currency is because we dont need verivy our identity. It is anonymouse wo dont know about seller and seller dont know about us.
so because that I always use it for buying or selling online

Agreed!  We dont need to provide our data when  made transactions with bitcoin. Hence its easier to use than the other currency. The only lack from bitcoin is sometimes to get one confirmation can take a very long time. But, most of the time we will get a confirmation under 10 minutes.

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July 12, 2016, 01:08:43 AM
 #73

I do not see what differentiates other currencies with Bitcoin me, even that one can lose money due to price changes.
Since most businesses that accept Bitcoin give a higher price, saying that most people do not see the exchange rate before buying.
I know that the advantage of Bitcoin is that everyone can use it, it has quite fast transactions, and often very low cost.
So, I want to know why Bitcoin is better than other currencies?
You'll already say it ,its fast transaction and the fees is low and other online wallet offer no fee for sending or receiving money through bitcoin. It's so easy to receive and sending money where ever you are even your in other country you just need wait only for confirmation done .and no need to use your real identity to use bitcoin.

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July 12, 2016, 01:14:58 AM
 #74

Bitcoin is more famous, so more people accept bitcoin, alt coin is also not a bad transaction coin but sometimes the price can change suddenly, so in my opinion bitcoin has more stable price than alt coin
And there are so many alt coin that exist it makes people inconvenience to use many wallet to hold different coin
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July 12, 2016, 03:19:17 AM
 #75

I do not see what differentiates other currencies with Bitcoin me, even that one can lose money due to price changes.
Since most businesses that accept Bitcoin give a higher price, saying that most people do not see the exchange rate before buying.
I know that the advantage of Bitcoin is that everyone can use it, it has quite fast transactions, and often very low cost.
So, I want to know why Bitcoin is better than other currencies?

The advantage of buying with bitcoins compared to other cryptocurrency is very clear. Bitcoin users are more in numbers than those who are using other cryptocurrency. It means that there are more who accept bitcoins as payment compared to other virtual currencies. Second bitcoin has keep increasing all over the years and it will still go up, its increase in price compared to other currency is very high and so it is why many people loved bitcoins over the other.
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July 12, 2016, 03:53:41 AM
 #76

I do not see what differentiates other currencies with Bitcoin me, even that one can lose money due to price changes.
Since most businesses that accept Bitcoin give a higher price, saying that most people do not see the exchange rate before buying.
I know that the advantage of Bitcoin is that everyone can use it, it has quite fast transactions, and often very low cost.
So, I want to know why Bitcoin is better than other currencies?

The advantage of buying with bitcoins compared to other cryptocurrency is very clear. Bitcoin users are more in numbers than those who are using other cryptocurrency. It means that there are more who accept bitcoins as payment compared to other virtual currencies. Second bitcoin has keep increasing all over the years and it will still go up, its increase in price compared to other currency is very high and so it is why many people loved bitcoins over the other.
Bitcoin usage has risen pretty much steadily over years. more physical stores and merchants are accepting bitcoin as a form of payment than any other digital currencies, eventhough i think the real usage is catching up to the hype.
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July 12, 2016, 03:59:27 AM
 #77

If you already receive in BTC then better spend BTC directly.

If you pay taxes for international transactions then BTC might be cheaper, at least in some circumstances
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July 12, 2016, 10:08:37 AM
 #78

I do not see what differentiates other currencies with Bitcoin me, even that one can lose money due to price changes.
Since most businesses that accept Bitcoin give a higher price, saying that most people do not see the exchange rate before buying.
I know that the advantage of Bitcoin is that everyone can use it, it has quite fast transactions, and often very low cost.
So, I want to know why Bitcoin is better than other currencies?
There are a bunch of advantages with buying stuff with bitcoins.

First, our identity. With bitcoins, we don't actually have to reveal our identity to the sellers, only when we need our goods to be shipped somewhere but that can be worked out.

Second is that you can buy without limits. Unlike buying with cash using atm cards, we're often limited to a certain amount and carrying cash is really troublesome and risky.
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July 12, 2016, 10:14:26 AM
 #79

First one is: because you're anonyous!

Nobody can reproach you from buying something with btc because nobody can know it's you Smiley

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July 25, 2016, 04:00:06 PM
 #80

It's very simple why bitcoins is better to use than the other altcoins. One of my example is you don't need to apply in the bank for you to have an open account. It is because for me my bank is those legit exchange platform in cryptocurrencies,and it has low charge transactions. Smiley
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