Is bitcoin better or paypal? - page 126.

HITTI2

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Quote from: Amph on December 30, 2015, 02:49:17 AM

Quote from: Rols on December 29, 2015, 07:05:50 PM

Bitcoin is mostly worse than paypal because you cant chargeback if someone does not deliver something to you. I have used paypal and that have worked well. Bitcoins need some services so you dont get scammed. Bitcoins is better when you send to trusted ppl.

there is escrow, if the goods do not arrive, the escrow will not release the funds, and you can have your funds back

so it's still better than paypal

Trust escrow, right?

Read this buddy.
https://bitcointalksearch.org/topic/master-p-scammer-i-lost-complete-faith-in-this-forum-now-1306301

HITTI2

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Quote from: lorylore on December 30, 2015, 02:07:09 AM

maybe paypal is gd for buyer as it is buyer protection

When you use paypal to purchase something, use CC>Paypal, that way if pp fails to return funds, the ccc can revoke the payment from pp

so thats what I've read.

Amph

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Quote from: Rols on December 29, 2015, 07:05:50 PM

Bitcoin is mostly worse than paypal because you cant chargeback if someone does not deliver something to you. I have used paypal and that have worked well. Bitcoins need some services so you dont get scammed. Bitcoins is better when you send to trusted ppl.

there is escrow, if the goods do not arrive, the escrow will not release the funds, and you can have your funds back

so it's still better than paypal

lorylore

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yah escrow services is very important. we even have signature to sign our address to make sure that the wallet we use really belong to us and not some 3rd parties scam. so i think it is general safer to trade with bitcoin. maybe paypal is gd for buyer as it is buyer protection but the fee is still turning me off.

Supercrypt

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Quote from: Rols on December 29, 2015, 07:05:50 PM

Bitcoin is mostly worse than paypal because you cant chargeback if someone does not deliver something to you. I have used paypal and that have worked well. Bitcoins need some services so you dont get scammed. Bitcoins is better when you send to trusted ppl.

You completely forget the escrow services.
When you're using bitcoin always ask for escrow. It is always safe regardless of you are buying or selling.
There is a initial proposal is going on for the decentralized escrow services. Once it get launched, then all people will agree bitcoin is far better than paypal.

Rols

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Bitcoin is mostly worse than paypal because you cant chargeback if someone does not deliver something to you. I have used paypal and that have worked well. Bitcoins need some services so you dont get scammed. Bitcoins is better when you send to trusted ppl.

HarryKPeters

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It sure is better then paypal. Even in regards to my bank account bitcoin is my favourite.

The reason i don't like those options is because of the fact that banks limit me in using my own funds. Which is terrible.

Bitcoinbro

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Bitcoin wins from every payment method. And I mean all of them
fiat, paypal, WU, Skrill.

Really, it's no competition when you compare the costs.

wikenpp

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Quote from: MaritiJames3 on December 29, 2015, 03:57:24 PM

Quote from: wikenpp on December 29, 2015, 03:56:01 PM

I find both systems easy to use, so in that regard i prefer both.

However, when it comes to fees, bitcoin is the clear winner. So for me bitcoin is the winner.

I understand people here like bitcoin more.
But i've become really addicted to paypal. A lot of shops accepts it.

Sure bitcoin offers features like anonimity and lower fees, but those fees only apply for merchants...

I agree those fees are not for buyers, and buyer protection is good, but don't you care about privacy too?
You know paypal needs a lot of information from you, they also have monthy limits. Which is weird, because it is your money...

MaritiJames3

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Quote from: wikenpp on December 29, 2015, 03:56:01 PM

I find both systems easy to use, so in that regard i prefer both.

However, when it comes to fees, bitcoin is the clear winner. So for me bitcoin is the winner.

I understand people here like bitcoin more.
But i've become really addicted to paypal. A lot of shops accepts it.

Sure bitcoin offers features like anonimity and lower fees, but those fees only apply for merchants...

wikenpp

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I find both systems easy to use, so in that regard i prefer both.

However, when it comes to fees, bitcoin is the clear winner. So for me bitcoin is the winner.

avw1982

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Quote from: poplolnman on December 29, 2015, 07:50:14 AM

Quote from: Newcoins2020 on December 28, 2015, 02:53:34 PM

I use both bitcoin and paypal. I have to since most webshops don't accept bitcoin.
Using paypal as a consumer is actually very good.

Buyer protection, no fees etc. I do understand however that some big merchants can safe millions just by using bitcoin.

It seems a wise decision. I used both too since some online shop not yet ready accepting bitcoin.
The only thing makes bitcoin better than paypal are bitcoin easy to use, no needed provide our ID to spend money online almost pure anonymous.

It is no secret to Bitcoin users that digital currency makes PayPal’s model of online transaction look somewhat archaic by comparison. While the method was the darling of the online community in years gone by, the rapid advance of Bitcoin in particular has caused PayPal to come increasingly under the spotlight recently

Newcoins2020

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Quote from: Farma on December 29, 2015, 10:36:53 AM

if you ask me, I prefer bitcoin, it is easy to use bitcoin bitcoin is very convenient especially if used as a trading tool, in contrast with paypal transaction requires a fairly long time and is very difficult to verify his account

Yeah and paypal has those stupid limits. Therefore i am bitcoin all the way.

Paypal was a good wallet, but these days bitcoin has taken over.

bitlancr

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Quote from: HITTI2 on December 29, 2015, 10:50:19 AM

I like the best of both worlds. Bitcoin, I can sell something here and pay like "newegg" for a product. I can pay newegg with paypal too!

But right now, that I know of, is very hard or impossible to transfer Bitcoin to Paypal.

Which is the situation I am currently in, I need paypal cash by selling an item I have and an item I want to buy is sold only by paypal and cc's. I've got an item for sale in another forum, someone suggested here in this thread that you may accept paypal payment by a reputable member here. Very good idea, I might do this.

I think bitcoin is getting adopted but man, bitcoin is in a corner. For instance, if I were to sell something here for bitcoin, how do I get btc to paypal? Or how do I spend it on a manufacturer that does not accept bitcoin, like Motorola http://www.motorola.com/us/products .

I like best of both worlds.

Bitcoin is the future, paypal is the past

But since both are being used globally i prefer to use both payment systems. Their advantages give me an oppertunity for risk free trading.

HITTI2

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I like the best of both worlds. Bitcoin, I can sell something here and pay like "newegg" for a product. I can pay newegg with paypal too!

But right now, that I know of, is very hard or impossible to transfer Bitcoin to Paypal.

Which is the situation I am currently in, I need paypal cash by selling an item I have and an item I want to buy is sold only by paypal and cc's. I've got an item for sale in another forum, someone suggested here in this thread that you may accept paypal payment by a reputable member here. Very good idea, I might do this.

I think bitcoin is getting adopted but man, bitcoin is in a corner. For instance, if I were to sell something here for bitcoin, how do I get btc to paypal? Or how do I spend it on a manufacturer that does not accept bitcoin, like Motorola http://www.motorola.com/us/products .

I like best of both worlds.

Farma

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if you ask me, I prefer bitcoin, it is easy to use bitcoin bitcoin is very convenient especially if used as a trading tool, in contrast with paypal transaction requires a fairly long time and is very difficult to verify his account

poplolnman

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Quote from: Newcoins2020 on December 28, 2015, 02:53:34 PM

I use both bitcoin and paypal. I have to since most webshops don't accept bitcoin.
Using paypal as a consumer is actually very good.

Buyer protection, no fees etc. I do understand however that some big merchants can safe millions just by using bitcoin.

It seems a wise decision. I used both too since some online shop not yet ready accepting bitcoin.
The only thing makes bitcoin better than paypal are bitcoin easy to use, no needed provide our ID to spend money online almost pure anonymous.

arthurminton

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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.

well what you are saying is true and I would recommend not to use PayPal for anything, the reason I am saying this is because of such high fees compared to bitcoin transaction fees. there is a lot of other legal issues also that you might face with PayPal so instead do your work with bitcoin and well you need dollars then exchange bitcoin local bitcoin website where you can take the cash and send bitcoin simultaneously hand in hand.

Newcoins2020

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I use both bitcoin and paypal. I have to since most webshops don't accept bitcoin.
Using paypal as a consumer is actually very good.

Buyer protection, no fees etc. I do understand however that some big merchants can safe millions just by using bitcoin.

avw1982

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Quote from: n691309 on December 27, 2015, 11:18:58 AM

For the Seller protection bitcoin is better because we have seen when buyers ask for refund using paypal that's why not all users accept to deal with new members.

PayPal is nothing in front of bitcoin. Bitcoin is very fast with very less transaction fees but in PayPal transaction also high as well as slow in transaction than bitcoin. Exchange rate also very high PayPal not like bitcoin.

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