Is bitcoin better or paypal? - page 119.

trinaldao

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Quote from: sadyas on February 26, 2016, 03:22:19 AM

Quote from: BitsandBites on February 25, 2016, 11:30:25 AM

Bitcoin is way better than paypal, however, the latter one has been used much more than bitcoin in the past.
Bitcoin is the better way to go though for online transactions.

If we keep on using bitcoin and make it the best currency to use, then Paypal will reduce its fees to compete.

meybe yes, maybe not.
paypal is company where he running payment gteway service, he need money to save databese, to running service, salafy for each empoyer etc.
this is very different with bitcoin, where bitcoin use decentralization system, and no data center.

CryingMidget

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Quote from: Amph on February 27, 2016, 02:22:11 AM

Quote from: CryingMidget on February 26, 2016, 11:19:05 AM

Quote from: Invulner on February 26, 2016, 03:25:12 AM

Paypal is reversible, and personally that is a huge risk, especially when trying to trade for irreversible payment methods, like BTC, you'll find it really hard to strike a deal even if you're legit. Even if you do strike a deal you'll have to pay huge markups on the spot price...

That's why i prefer BTC.

But still people are using PayPal only in international business money transferring. Better people can switch with bitcoin. I guess its all because of lack of awareness among the people. Soon bitcoin cross the PayPal's place.

bitcoin can also be reversible, you just a multi sig address and a competent escrow, like it is for purse.io for example, then if the one who spend bitcoin is not satisfied he simply ask for a refund from the escrow

paypal is obsolete

How you are telling bro. Have you done any transfer through PayPal, money gram or wu.
It's too much than and apart from forex and exchange fee It costing high. If you want send as relief fund also they will not leave their high fee dude. First know that and paypal involved many scam cases.

EdenHazard

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Quote from: Bitcoinxchanger on December 20, 2015, 08:57:54 AM

I have been told that don't accept payments via paypal, is that right?
Because when buyer will have his bitcoins then he can claim back money from paypal by saying that i haven't received desired product.

yes you are right,dont accept payment or use payment via paypal Grin

maybe,the only reason if people still use paypal,they dont know about bitcoin,and if thy know about bitcoin,i'm sure,they gonna stop using paypal.

Amph

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Quote from: CryingMidget on February 26, 2016, 11:19:05 AM

Quote from: Invulner on February 26, 2016, 03:25:12 AM

Paypal is reversible, and personally that is a huge risk, especially when trying to trade for irreversible payment methods, like BTC, you'll find it really hard to strike a deal even if you're legit. Even if you do strike a deal you'll have to pay huge markups on the spot price...

That's why i prefer BTC.

But still people are using PayPal only in international business money transferring. Better people can switch with bitcoin. I guess its all because of lack of awareness among the people. Soon bitcoin cross the PayPal's place.

bitcoin can also be reversible, you just a multi sig address and a competent escrow, like it is for purse.io for example, then if the one who spend bitcoin is not satisfied he simply ask for a refund from the escrow

paypal is obsolete

CryingMidget

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Quote from: Invulner on February 26, 2016, 03:25:12 AM

Paypal is reversible, and personally that is a huge risk, especially when trying to trade for irreversible payment methods, like BTC, you'll find it really hard to strike a deal even if you're legit. Even if you do strike a deal you'll have to pay huge markups on the spot price...

That's why i prefer BTC.

But still people are using PayPal only in international business money transferring. Better people can switch with bitcoin. I guess its all because of lack of awareness among the people. Soon bitcoin cross the PayPal's place.

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Quote from: Invulner on February 26, 2016, 03:25:12 AM

Paypal is reversible, and personally that is a huge risk, especially when trying to trade for irreversible payment methods, like BTC, you'll find it really hard to strike a deal even if you're legit. Even if you do strike a deal you'll have to pay huge markups on the spot price...

That's why i prefer BTC.

Paypal is good as it has got return back policy. Paypal can be terminated when we give some extra concentration while transferring our bitcoins.
You may end with low transaction as well short time transfer but if something goes wrong the entire bitcoin is lost for ever.

Invulner

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Invulner

Paypal is reversible, and personally that is a huge risk, especially when trying to trade for irreversible payment methods, like BTC, you'll find it really hard to strike a deal even if you're legit. Even if you do strike a deal you'll have to pay huge markups on the spot price...

That's why i prefer BTC.

sadyas

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Quote from: BitsandBites on February 25, 2016, 11:30:25 AM

Bitcoin is way better than paypal, however, the latter one has been used much more than bitcoin in the past.
Bitcoin is the better way to go though for online transactions.

If we keep on using bitcoin and make it the best currency to use, then Paypal will reduce its fees to compete.

BitsandBites

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Bitcoin is way better than paypal, however, the latter one has been used much more than bitcoin in the past.
Bitcoin is the better way to go though for online transactions.

Cointed

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Why Should Paypal be GOOD ANYWAYS??

MONEY EXCHANGE COSTS are HORRIBLE

TRADING AND SENDING FEES ARE HORRIBLE

SUPPORT OF PAYPAL IS HORRIBEL

IF THEY THINK YOU ARE CHEATING THERE TERMS THEY BLOCK YOUR ACCOUNT AND REFUND YOU NOTHING!

taxmanmt5

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In my view Bitcoin is absolutely better than Paypal

In paypal offlate i have seen many a Chargebacks and even bigger companies who used to accept Paypal have removed it from doing future business

However in Bitcoin there is no chance of receiving funds back if one gets scammed that is the only negative i am seeing otherwise its gonna be the future alt

1Referee

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Quote from: sadasa on February 23, 2016, 03:18:52 PM

They are different payment scheme. You can use paypal for many currencies. bitcoin is just bitcoin.

Your argument doesn't hold much value. I can cash out Bitcoin to any currency that I want. I can purchase stuff with Bitcoin that is priced in any kind of currency. Wink

PayPal charges a fee for converting fiat to fiat. That's something you don't have to worry about with Bitcoin. Bitcoin is simply superior compared to PayPal.

tommorisonwebdesign

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Bitcoin over PayPal any day. Paypal has so many rules and fees that I just hate it. I would use it if I am buying from a sketchy website because at least then I can open a dispute with the merchant.

Anddos

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I think paypal is worse. Not only users try to scam you, but also paypal itself.

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Quote from: sadasa on February 23, 2016, 03:18:52 PM

They are different payment scheme. You can use paypal for many currencies. bitcoin is just bitcoin.

You kind of have a similar username to me Cheesy

sadasa

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Unpaid signature.

They are different payment scheme. You can use paypal for many currencies. bitcoin is just bitcoin.

bittrojan

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Quote from: plost24 on February 22, 2016, 01:31:35 PM

in this time paypal is beter if you want to buy from nternet the most of internet shops don't accept bitcoin they only accept paypal but in term of investing bitcoin is greater because you don't win when you put money in paypal

Correct! Paypal have more experience and more customers than bitcoin.
But the development of bitcoin grow very fast and it's possible in the future bitcoin will be better than Paypal.
Now Paypal much better than bitcoin no problem

plost24

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in this time paypal is beter if you want to buy from nternet the most of internet shops don't accept bitcoin they only accept paypal but in term of investing bitcoin is greater because you don't win when you put money in paypal

jacee

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For me it depends on what kind of transaction are you dealing with. Both has its pros and cons. But I actually prefer bitcoin than paypal. Bitcoin is much more reliable and accessible for me. Also bitcoin has a lower fee and as for me I feel safe using bitcoin because it has no chargeback option.

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Quote from: nickenburg on February 21, 2016, 12:54:16 PM

Yep Bitcoin is definitely better! Just because there is no way to chargeback.
It will make u think twice before u send someone your money.

Also Selling digital goods is crappy, because u have no proof u actually gave the person something.
So they always win in a chargeback case.

And there transfer fee's are high as well!

The paypal dispute / chargeback policy discourages users to use their beneficial services. This is one of the reason I stayed away from paypal.

Topic: Is bitcoin better or paypal? - page 119. (Read 281268 times)