Is bitcoin better or paypal? - page 124.

wikenpp

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Quote from: koshgel on January 13, 2016, 05:14:31 AM

Don't think any centralized source can really compete with BTC especially not PayPal. They love to lock and steal user account's and funds. The fees are of course higher with PayPal as well especially with international transfers.

Yeah, you've not any control with them. Not over your own money f.e.
They can hold it and say you did something wrong and that's it for you.

koshgel

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Don't think any centralized source can really compete with BTC especially not PayPal. They love to lock and steal user account's and funds. The fees are of course higher with PayPal as well especially with international transfers.

Amph

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Quote from: sadasa on January 12, 2016, 04:08:23 PM

Quote from: fuathan on January 11, 2016, 08:43:11 PM

Bitcoin is far far far better than paypal because of paypals nonsense fees.

If you want charge back and other kinds of protection, you need to pay the fees.

those protect the buyers not the seller, so it's pointless to pay for something not complete, you can protect both with bitcoin also, with a trusted escrow

paypal is just a trusted escrow, nothing else

avw1982

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Quote from: fuathan on January 11, 2016, 08:43:11 PM

Bitcoin is far far far better than paypal because of paypals nonsense fees.

You exactly right dude. PayPal's transaction fees are high than bitcoin. Just like a western union transfers.

sadasa

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Quote from: fuathan on January 11, 2016, 08:43:11 PM

Bitcoin is far far far better than paypal because of paypals nonsense fees.

If you want charge back and other kinds of protection, you need to pay the fees.

fuathan

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Aleph.im

Bitcoin is far far far better than paypal because of paypals nonsense fees.

Zaun

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Forza Roma

If not 10, then bitcoin is 100 times better then paypal.
Fees, but also the anonymous part of bitcoin is better. Why should we trust paypal with our identification documents?

wikenpp

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Quote from: sadasa on January 08, 2016, 04:27:22 PM

Quote from: SmartIphone on January 07, 2016, 02:42:38 PM

Quote from: HarHarHar9965 on January 07, 2016, 03:46:24 AM

Quote from: SmartIphone on January 06, 2016, 06:59:43 PM

Both are good, both are for online transaction, paypal has chargeback and bitcoin doesnt.
For some reason paypal is better (for buyer) and sometimes bitcoin is great i use both of them

But bitcoin and paypal are not same. Bitcoin is far better than paypal. If we use paypal it has huge amount transaction fees than bitcoin. If wanna compare paypal means We can compare with Western union. Transactions are open and transparent in bitcoin Not like transaction medium.

It depends because using sometimes the paypal it does not charge fees.
Sometimes it charge to the merchant side sometimes on both ways, but is good in this case because of small fees.

When I sell on Ebay, Paypal charges me a lot. When I send to friends, there is no charge at all.

Sending to friends is cost-free when using your paypal account, but suppose they charge a fee, why is it this huge.
4% is too much. It should be less then 1%.

I am sure this is the reason people are leaving paypal now.

Jackling

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Quote from: greBit on January 09, 2016, 06:32:03 AM

Quote from: SmartIphone on January 06, 2016, 06:59:43 PM

Both are good, both are for online transaction, paypal has chargeback and bitcoin doesnt.
For some reason paypal is better (for buyer) and sometimes bitcoin is great i use both of them

I was the user of paypal before but nowadays I am not at all using paypal. Because their transaction charges are heavy then bitcoin. But bitcoin If we wanna send 1 BTC. It will just consume .1 percent only as a transaction fee. If we wanna compare paypal better can compare with western union.

What is your usual usage of paypal? Do you use it to accept payments when you sell goods? If so, the charge is quite high.

dk8218

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Yes... you are right..
In some cases... buyer will pull back his payment by saying that..
But nowadays o don't think this is happening..
But also you should take care while dealing with PayPal..
If possible then use other payment methods..

greBit

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Quote from: SmartIphone on January 06, 2016, 06:59:43 PM

Both are good, both are for online transaction, paypal has chargeback and bitcoin doesnt.
For some reason paypal is better (for buyer) and sometimes bitcoin is great i use both of them

I was the user of paypal before but nowadays I am not at all using paypal. Because their transaction charges are heavy then bitcoin. But bitcoin If we wanna send 1 BTC. It will just consume .1 percent only as a transaction fee. If we wanna compare paypal better can compare with western union.

sadasa

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Quote from: SmartIphone on January 07, 2016, 02:42:38 PM

Quote from: HarHarHar9965 on January 07, 2016, 03:46:24 AM

Quote from: SmartIphone on January 06, 2016, 06:59:43 PM

Both are good, both are for online transaction, paypal has chargeback and bitcoin doesnt.
For some reason paypal is better (for buyer) and sometimes bitcoin is great i use both of them

But bitcoin and paypal are not same. Bitcoin is far better than paypal. If we use paypal it has huge amount transaction fees than bitcoin. If wanna compare paypal means We can compare with Western union. Transactions are open and transparent in bitcoin Not like transaction medium.

It depends because using sometimes the paypal it does not charge fees.
Sometimes it charge to the merchant side sometimes on both ways, but is good in this case because of small fees.

When I sell on Ebay, Paypal charges me a lot. When I send to friends, there is no charge at all.

SmartIphone

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Quote from: HarHarHar9965 on January 07, 2016, 03:46:24 AM

Quote from: SmartIphone on January 06, 2016, 06:59:43 PM

Both are good, both are for online transaction, paypal has chargeback and bitcoin doesnt.
For some reason paypal is better (for buyer) and sometimes bitcoin is great i use both of them

But bitcoin and paypal are not same. Bitcoin is far better than paypal. If we use paypal it has huge amount transaction fees than bitcoin. If wanna compare paypal means We can compare with Western union. Transactions are open and transparent in bitcoin Not like transaction medium.

It depends because using sometimes the paypal it does not charge fees.
Sometimes it charge to the merchant side sometimes on both ways, but is good in this case because of small fees.

lahm-44

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yes paypal have revers transaction fecilty and thats why i will also advise everyone not to deal when their is paypal option by the way bitcoin has all the features provided by paypal and in additional we get some more advantages like anonymus feature and the rappid buy and sell i mean its population.i think more peoples are using bitcoins in compare with paypal sorry for my bad english here

sadasa

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Quote from: HarHarHar9965 on January 07, 2016, 03:46:24 AM

Quote from: SmartIphone on January 06, 2016, 06:59:43 PM

Both are good, both are for online transaction, paypal has chargeback and bitcoin doesnt.
For some reason paypal is better (for buyer) and sometimes bitcoin is great i use both of them

But bitcoin and paypal are not same. Bitcoin is far better than paypal. If we use paypal it has huge amount transaction fees than bitcoin. If wanna compare paypal means We can compare with Western union. Transactions are open and transparent in bitcoin Not like transaction medium.

If Paypal integrates the bitcoin, will the transaction fee reduce a lot. I think the paypal transaction fee is mainly the credit card fee.

HarHarHar9965

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Quote from: SmartIphone on January 06, 2016, 06:59:43 PM

Both are good, both are for online transaction, paypal has chargeback and bitcoin doesnt.
For some reason paypal is better (for buyer) and sometimes bitcoin is great i use both of them

But bitcoin and paypal are not same. Bitcoin is far better than paypal. If we use paypal it has huge amount transaction fees than bitcoin. If wanna compare paypal means We can compare with Western union. Transactions are open and transparent in bitcoin Not like transaction medium.

SmartIphone

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Both are good, both are for online transaction, paypal has chargeback and bitcoin doesnt.
For some reason paypal is better (for buyer) and sometimes bitcoin is great i use both of them

Nameless Coin

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Paypal is just to oldskool. No new things just the same service with a different design.
The same is not good, same old big fees, the same restictions, the same crap.

Bitcoin is it.

wikenpp

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Quote from: Kisleav on January 06, 2016, 02:28:25 PM

Paypal has restrictions depending on location, bit coins is universal, I go with Btc, but still need paypal to cash out btc

The restrictions but also the fact bitcoin can't be used with them makes me choose bitcoin.
Companies like paypal are just to arrogant thinking people will stay with them if they block bitcoin

Kisleav

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Paypal has restrictions depending on location, bit coins is universal, I go with Btc, but still need paypal to cash out btc

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