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Topic: Bitcoin Vs. Paypal - page 3. (Read 7748 times)

newbie
Activity: 56
Merit: 0
September 29, 2014, 08:03:31 PM
I think bitcoins wins because now paypal accepts bitcoin. But i think it killing the value of bitcoin.
legendary
Activity: 882
Merit: 1000
September 29, 2014, 02:37:26 PM
obviously bitcoin..
hero member
Activity: 561
Merit: 500
September 29, 2014, 02:20:27 PM
So when will this be operative in ebay? I have seen nothing there yet, no merchant is accepting BTC and I see no option to set btc acceptance oficially.

Acceptance will completely rely on sellers deciding they want to take btc. They wont be forced unlike credit card or bank transfers through paypal.

But I can't think of any disadvantage for the sellers to accept bitcoin. Since Paypal is partnered with Bitpay and Coinbase, the bitcoin payment will be converted to USD immediately so the bitcoin price fluctuation should have no effects on the sellers.
newbie
Activity: 26
Merit: 0
September 29, 2014, 03:34:27 AM
So when will this be operative in ebay? I have seen nothing there yet, no merchant is accepting BTC and I see no option to set btc acceptance oficially.

No words as of now but what ive read is that paypal's merchants are accepting btcs now.
full member
Activity: 700
Merit: 100
September 28, 2014, 12:07:46 PM
So when will this be operative in ebay? I have seen nothing there yet, no merchant is accepting BTC and I see no option to set btc acceptance oficially.

Acceptance will completely rely on sellers deciding they want to take btc. They wont be forced unlike credit card or bank transfers through paypal.
full member
Activity: 153
Merit: 100
September 28, 2014, 09:26:41 AM
So when will this be operative in ebay? I have seen nothing there yet, no merchant is accepting BTC and I see no option to set btc acceptance oficially.
newbie
Activity: 57
Merit: 0
newbie
Activity: 29
Merit: 0
September 24, 2014, 07:13:17 PM
Apple Pay—the greatest media/marketing beat up yet of the 21st century! Too bad all that hot air will soon enough cool … Smiley Smiley Smiley
sr. member
Activity: 301
Merit: 250
September 23, 2014, 04:32:29 PM
Paypal is Accepting bitcoin So i guess the answer to the question is Both Smiley
hero member
Activity: 718
Merit: 500
newbie
Activity: 56
Merit: 0
September 23, 2014, 01:54:03 PM
They mostly do wishful thinking and project previous performance.
The true story is nobody knows. If the foundation is still there (which i personally believe it is) it will come back.
Otherwise just spend it or gamble it all.
hero member
Activity: 614
Merit: 500
September 23, 2014, 08:09:31 AM
Well, while reading at it. Bitcoin had been a challenger to paypal. Which is more useful and highly digitized currency now? What do you think or which do you prefer?  Grin Grin Grin Huh
Can BitCoin replace X (insert whatever payment form/currency you like here)? No. At least, not at this point. When transactions for speculative buys (investments or essentially day trading) range thirty times higher than transactions from actual utility (buying merchandise) by many estimates, the market is simply too volatile. When something halves or doubles in a matter of days, there cannot be confidence in it to lead to mass adaptation.

Can BitCoin someday find a (likely large) following, and potentially displace some heavyweights in the payment/currency world? Absolutely. But it wont, until it stops holding value based on speculation, and starts holding value based on utility.

I totally agree that bitcoin price is too volatile now to be used as a currency. Most of the sites accepting bitcoin now are in fact using bitpay or coinbase to immediately convert the bitcoin payment to fiat money.

Btw, where did you get the 30x estimate?
newbie
Activity: 15
Merit: 0
September 22, 2014, 09:28:06 AM
Are you talking about the users who are using both btc and paypal? or the usability?
legendary
Activity: 1890
Merit: 1007
September 22, 2014, 05:55:23 AM
yeah. I choice bitcoin for trading and choice paypal for online shoping.
o_o
full member
Activity: 132
Merit: 100
September 22, 2014, 05:41:46 AM
Bitcoin can't be compared to PayPal in my opinion because they are too different, BTC is considered a semi-anonymous payment method and PayPal is heavily regulated.
member
Activity: 61
Merit: 10
September 21, 2014, 04:54:30 PM
Paypal is good in paying many websites but I prefer more in bitcoinnow because of its decentralized and anonymous feature. I keep hearing horror stories about paypal.
newbie
Activity: 56
Merit: 0
September 21, 2014, 07:41:26 AM
#99
I preffer BTC, no taxes, no chargeback, no shits all over the place. Cheesy

Ya sound like a terr'ist !!!
newbie
Activity: 31
Merit: 0
September 20, 2014, 11:08:52 PM
#98
I preffer BTC, no taxes, no chargeback, no shits all over the place. Cheesy
legendary
Activity: 966
Merit: 1001
September 20, 2014, 08:08:37 PM
#97
Paypal is payment processor while bitcoin is a currency. They are not mortal enemies. Paypal can choose to accept bitcoin in the future.

Well indeed, Paypal will sort of accept bitcoin payment through integrating bitcoin payment with its subsidiary Braintree.
http://www.forbes.com/sites/ryanmac/2014/09/08/ebay-announces-first-foray-into-bitcoin-with-braintree-unit/
newbie
Activity: 1
Merit: 0
September 20, 2014, 06:03:44 PM
#96
Paypal accepting Bitcoin is good news
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