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Author Topic: Advantages of paying with Bitcoin  (Read 5307 times)
mrfaith01
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October 13, 2017, 04:35:43 AM
 #281

The advantage of paying with bitcoin is you dont need to go to some pay bill center and wait for a long time..in coins.ph you dont need to go to store to load up...you just need to open the application and load with it

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Delisaara
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October 13, 2017, 05:52:06 AM
 #282

In my opinion,the advantages of paying by using bitcoin are,
we can pay wherever we are,but with one condition there must be internet service.

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October 13, 2017, 06:05:57 AM
 #283

Well before the main advantage of bitcoin was its lesser fees than credit card or paypal. However we could not use that one anymore right now because of the ridiculous  fees. On the other hand its anonymous  feature is still really good for not so legal transactions
There is no hidden charges or even service fees. Also, it is convenient on our part because we don't have to leave our home. Yo can pay your bills or even your order in online as long as you have an internet or WiFi. Also, when we pay with bitcoin we also earn from that You pay, you earn!
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October 13, 2017, 06:09:31 AM
 #284

For buyers it is an actual rate use buy for seller it depends riskly Smiley for market up or down nobody know today 1 pcs of product 10 $ = x.xxxx btc tomorrow nobody knows what is rate's maybe more maybe less but buyers use preev or bitstamp rate's and calculate and sent it that's all.
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October 13, 2017, 06:13:52 AM
 #285

Currently, I feel Bitcoins are good for investments and never used it buy any illegal things online.

Because of slow transactions if a site wants at least one confirmation to confirm your order then you may need to wait for few hours after payment. That is a bad thing about Bitcoin transactions. I'm into Bitcoins only for the investment purpose as of now. If you want to hide your identity then Bitcoins are the best option for payment.

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October 13, 2017, 06:28:19 AM
 #286

Its fast and hassle free you dont have to go to the store or banks to make payment and wherever you are you can have transactions as long as there is internet connection.

Another one is theres no third party that can interrupt your transactions like government they cant freeze your account and no tax has been added.

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October 13, 2017, 06:32:23 AM
 #287

Honestly, I've stopped paying with my coins because the recent months have been very convincing as to how bitcoin's price has no roof. When a payment in bitcoin is demanded I'll just swipe my actual money out and buy some bitcoin.

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October 13, 2017, 07:08:59 AM
 #288

Since I still don't have any credit card to use for my online purchases, and I'm only using remittance centers to send my payments online, I can say that bitcoin is much easier to use. Using bitcoin has made my online transactors a lot faster, no hassle and I still get rebates for some of my bitcoin transactions. It is much more convenient because you can pay using your mobile phones instead of going to remittance stores.
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October 15, 2017, 01:35:23 PM
 #289

So today I purchased web hosting from Namecheap using Bitcoin and it was incredibly cheap, simple and best of all, anonymous. When it comes to website ownership, depending on the kinds of sites you are building, this can be an important thing.

One of the reasons why Bitcoin took off initially was because of its privacy and anonymity benefits. Back then there were so few places where you could actually spend Bitcoin, so people ended up purchasing illegal things to test out the platform.

Now, we can see and trust definite advantages that Bitcoin as a technology brings - secure store of value, anonymity, global/universal currency, transparency (blockchain), software apps can be built on top, etc

but I really just wanted to get your opinion...

What are some advantages of paying with Bitcoin?

For me the advantages of paying with bitcoin is less hassle, easy payment, fast transaction and anytime anywhere you can pay.
Paying in bitcoin is much beneficial for those who own bitcoin and they hold because just to use it. For the people who use bitcoin as a business, bitcoin is just an investment and they want to earn from it. Bitcoin is used as a payment in many countries and this is a beneficial feature of btc.
ObscurePen
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November 08, 2017, 04:11:27 AM
 #290

Advantages of paying with Bitcoin
- Bitcoin’s decentralised platform allows you to pay directly to the shopkeeper or merchant. The Bitcoin does not go through a third party like  a bank or a clearing house. Rather it runs peer to peer. Directly from one address to the other. 
- Bitcoin’s fluctuating price. This can be an advantage at times and at other times it can be a disadvantage. If you pay when Bitcoins price is fairly high, you will of course spend less Bitcoin on that particular commodity. That is a “win win” for you. However, if you happen to pay when Bitcoin’s price is 4000USD and the next day the price rises to 5000USD, you have just lost some money. So this point can be advantageous or disadvantageous to you according the the circumstances at that time.
- Bitcoin is not restricted to one currency. It can be changed to any type of fiat whether it be dollars, yen or euros. So if something is to be paid in euros, you can still use Bitcoin to pay for it. Well if the vendors accepts Bitcoin. 
- Finally, Bitcoin lets you pay the correct amount of money to the very cent. If a product is worth 4.99 you can pay 4.99 in Bitcoin, not round it up to 5 dollars. I know this is a small advantage, but it is one nevertheless. 
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November 10, 2017, 05:54:40 PM
 #291

The advantages of paying with bitcoin is fastest in all payments transactions. Anywhere you are as long as there is an internet, then you can pay and sending it quickly. There's a lot of advantages of paying bitcoin, especially paying online, like your safety and don't need to worry about your security and how you will go to the payment center. The other one is very low in transactions fees and no transactions charges. We can pay direct to the internet with our payments without difficulty.
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November 10, 2017, 05:59:39 PM
 #292

Most of the people will need quote some time to start using bitcoin for daily transaction, since its price is so fluctuating that with the same amount you can buy for example one apple and tomorrow to be able to buy apple and one more slice, which is something astonishing Smiley
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November 10, 2017, 06:38:27 PM
 #293

For me the advantage of bitcoin is that it is anonymous and when I have to pay my bills, I really don't have to go outside to pay those bills; as long as there is the internet then I'm not behind every paying bill I need to do every month, and its fast and easy too. It is very convenient and it saves me a lot of time.
Paying with bitcoins has advantages especially when it is made via online. You can send payments to anywhere or anyone you need to pay. You just need your internet connection and the amount will be converted automatic to wherever country you'll send it. It is the most convenient way of paying bills.

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November 10, 2017, 06:52:35 PM
 #294

The most useful part is you can pay with it anywhere anytime if gov allows it.all you need is just your online wallet.then you dnt even need to carry cash.
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November 21, 2017, 12:49:29 AM
 #295

In bitcoin we can not lie because all transactions must be transparent, very simple and easy money transfer in form of coins. very unique technology, no money use same technology as bitcoin. I think this is what makes payments for bitcoins rare.

It will always be accessible anywhere as long as there is internet, A very fast transactions for every purchase online and the products will be cheaper because the value of bitcoins is very high.
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November 22, 2017, 06:41:37 AM
 #296

The advantage of paying bitcoin is it easy to use. With just one click you can pay or sent transaction using bitcoin. Sending money to someone isjust one click away.

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November 22, 2017, 06:54:19 AM
 #297

good points  fast , global , low fee , no id needed

bad point not refunded , problem with send lower than amount
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November 23, 2017, 07:21:54 AM
 #298

The advantages of paying with bitcoin is easy and comfortable to use.It is comfortable in our payment method ,fast and easy and aside from that accessible to use.Thats why many people use bitcoin due to its features and benefits.
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November 26, 2017, 01:07:08 AM
 #299

In bitcoin network, We do not need to fill a lot of details in order to initiate transfer. A single string of encrypted identification, nothing else.
There is very low fee within bitcoin payments. Users have option to adjust transaction fee for fast transfers.
Almost impossible to track and identify the personal details of owner. No sales tax on any purchase made through bitcoin.
I strongly agree with you sir. Paying with bitcoin is very convenient in a lot of ways. And in addition, based on what I have heard and researched, purchasing any items with bitcoin is still tax free. Then we can fully enjoy our bitcoins and use it to the fullest.

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November 26, 2017, 01:12:38 AM
 #300

So today I purchased web hosting from Namecheap using Bitcoin and it was incredibly cheap, simple and best of all, anonymous. When it comes to website ownership, depending on the kinds of sites you are building, this can be an important thing.

One of the reasons why Bitcoin took off initially was because of its privacy and anonymity benefits. Back then there were so few places where you could actually spend Bitcoin, so people ended up purchasing illegal things to test out the platform.

Now, we can see and trust definite advantages that Bitcoin as a technology brings - secure store of value, anonymity, global/universal currency, transparency (blockchain), software apps can be built on top, etc

but I really just wanted to get your opinion...

What are some advantages of paying with Bitcoin?

So far, I like paying with Bitcoins because there is no tax involved. Unlike when I pay with fiat or with credit cards, not only is there a huge tax integrated in the purchase but also the transaction has to pass through the banks and some other agencies of the government. They know practically everything. And when I pay with credit cards, I still have to pay it again when the bill comes, double effort. With Bitcoin, no tax and then anonymous and then one time transaction. 
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