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Topic: Is bitcoin better or paypal? - page 24. (Read 281268 times)

hero member
Activity: 1022
Merit: 521
May 06, 2017, 07:48:02 AM
everyone knows that bitcoins are better for lot reasons
can you please be more specific and explain those reasons? I know lots of good things about bitcoin and I like bitcoin. but other people also should know them. so if you thing bitcoin is better than paypal for lot of reasons than you must explain some of those reasons.
if you're about to using bitcoin then you already know what kind of specific bitcoin had. Im not agree with frompz bitcoin is will be for investments only and any kind of activity that it will involves bitcoin while paypal is far away from bitcoin.

PayPal is nothing more than a payment platform. It doesn't make any sense for people to mention the investment aspect of Bitcoin in a direct comparison. The only possible comparison between the 2 options will have to do with conducting payments in all sorts of forms, and nothing more. If you purely focus on that, it will give PayPal the advantage as it offers a better payment solution than Bitcoin right now.
Right now for me bitcoin is a very beneficial and better payment option while paypal have many many issues for the people while no one claim any issue about bitcoin. It is more convenient for the users of bitcoin to pay with bitcoin that is why they are not going back to paypal. I am also a fan of bitcoin and any place where paypal and bitcoin is option for me I choose bitcoin.
hero member
Activity: 1134
Merit: 517
May 06, 2017, 05:48:50 AM
Paypal segregates some part of the world, while Bitcoin embraces all and shines the light to all regions of the world. Paypal have closed so many businesses in the past by locking up their funds in the guise of fighting scams but failing to return same after documents were presented as requested by, thus confirming they are the original scammers.
Is it possible their actions were directed at such purposes in order to earn some money by fraudulent means. I have nothing against the international payment system PayPal, Well, you already deleted too often began to talk about it negatively
I dont get what meaning you were trying to convey there, nevertheless, if you used to be active in pay-to-click programs - I was active in the past, you would have noticed a whole lot of programs that were grounded not because the owners meant to, but because Paypal locked their funds and refused to release them even after so members of the programs wrote to Paypal to release the funds. They seemed to be invisible back in the days, but thank goodness Bitcoin is now here and aint we beginning to see not just Paypal, but almost all other payment systems sitting up!
full member
Activity: 168
Merit: 100
May 02, 2017, 04:32:59 PM
100% bitcoin is much better than paypal,

In paypal you have to disclose all you identitys and you have to give your identity proofs , in paypal transaction reverse is very famous to scam. and i personally saw paypal and the procedure of it is very bad. and their charges also heavy.

In bitcoin you dont have to disclose your identitys , you can just create a hardware or online web wallet and give your wallet address where ever you want to receive or pay the bitcoins. the transaction charges are also less. and more it is irreversible, and about converting to fiat currency their are so many exchanges where you can convert it one is like localbitcoins.com which is having so many user who are ready to buy or sell and do transaction through bank transfer.

But you have more protection using Paypal. You can reverse a payment if you are scammed by somebody else.
Recently, very often accusations have been heard towards the international payment systems PayPal. It happens so you will pay for the period of your stay at the hotel and even pay for the tickets for the plane, but problems like-as if no one will not meet everything goes very well and successfully.
legendary
Activity: 1232
Merit: 1091
May 02, 2017, 03:05:11 PM
For me? Bitcoin is better than paypal because bitcoin has many benefits unlike paypal.
1. Easy and Fast to transact.
2. Bitcoin has no charge when sending money unless you withdrawed on the any bitcoin related site unlike paypal it has a big fees.
3. You can earn money alot and the value of BTC is rising even when you holding it you get a profit.
But the one that i don't like on bitcoin is the anonymity, if someone steals your bitcoins you cant trace it unlike paypal.
Paypal has a good benefits too but bitcoin is the best for me Wink

Your points can easily be challenged.

1. PayPal transactions from your balance post instantly and are free in most cases.

2. PayPal doesn't have any fees if you transact with friends and relatives, etc. Also, if you transact with Bitcoin you are subject to miner fees. Sure, you can refrain from including any fees, but your transaction will likely not confirm as result.

3. It's pointless to compare Bitcoin in that way with PayPal since it is nothing more than a payment platform based on fiat.
sr. member
Activity: 251
Merit: 250
May 02, 2017, 02:35:59 PM
Paypal segregates some part of the world, while Bitcoin embraces all and shines the light to all regions of the world. Paypal have closed so many businesses in the past by locking up their funds in the guise of fighting scams but failing to return same after documents were presented as requested by, thus confirming they are the original scammers.
Is it possible their actions were directed at such purposes in order to earn some money by fraudulent means. I have nothing against the international payment system PayPal, Well, you already deleted too often began to talk about it negatively
hero member
Activity: 1134
Merit: 517
May 02, 2017, 02:09:53 PM
Paypal segregates some part of the world, while Bitcoin embraces all and shines the light to all regions of the world. Paypal have closed so many businesses in the past by locking up their funds in the guise of fighting scams but failing to return same after documents were presented as requested by, thus confirming they are the original scammers.
sr. member
Activity: 958
Merit: 265
April 30, 2017, 08:24:19 PM
For me? Bitcoin is better than paypal because bitcoin has many benefits unlike paypal.
1. Easy and Fast to transact.
2. Bitcoin has no charge when sending money unless you withdrawed on the any bitcoin related site unlike paypal it has a big fees.
3. You can earn money alot and the value of BTC is rising even when you holding it you get a profit.
But the one that i don't like on bitcoin is the anonymity, if someone steals your bitcoins you cant trace it unlike paypal.
Paypal has a good benefits too but bitcoin is the best for me Wink
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
April 29, 2017, 07:38:10 PM
Of course that depends on what you plan to do with it.
PayPal is very widely accepted, which is a huge benefit, but they have quite high fees and their security system can be a nightmare.

BTC on the other hand is quick and has low fees, but can be complicated to convert if your country or currencies are not that big.
I agree with you . Paypal has a good security system today. We have to do some verification to be able to use paypal to shop. while bitcoin provides a security system that is slightly loggar, many people are using media bitcoin as a criminal act.
no doubt that paypal is secure system in present time but what about such area where paypal is not available to me i think in present time bitcoin is the best option as bitcoin is present in all over the woorld.
Thats right. In terms of payments bitcoins definitely have an advantages over paypal .The process only of bitcoins which to have it on mode of payments in online will need to be implemented and approved in the system well in that case the sender will have a more secure identity if ever not needed in a site. But if needed the site only and the sender will knew it.
Paypal is not good for people who want to save money because their fees is still higher than bitcoin while in bitcoin there is a lot of advantages like being anonymous and lower fees and also faster transaction because the bitcoin confirmation in the blockchain is just taking up to 30 mins based on my experience and i think that is a decent time frame for transactions.
hero member
Activity: 1386
Merit: 504
April 29, 2017, 07:23:55 PM
Of course that depends on what you plan to do with it.
PayPal is very widely accepted, which is a huge benefit, but they have quite high fees and their security system can be a nightmare.

BTC on the other hand is quick and has low fees, but can be complicated to convert if your country or currencies are not that big.
I agree with you . Paypal has a good security system today. We have to do some verification to be able to use paypal to shop. while bitcoin provides a security system that is slightly loggar, many people are using media bitcoin as a criminal act.
no doubt that paypal is secure system in present time but what about such area where paypal is not available to me i think in present time bitcoin is the best option as bitcoin is present in all over the woorld.
Thats right. In terms of payments bitcoins definitely have an advantages over paypal .The process only of bitcoins which to have it on mode of payments in online will need to be implemented and approved in the system well in that case the sender will have a more secure identity if ever not needed in a site. But if needed the site only and the sender will knew it.
hero member
Activity: 770
Merit: 500
April 29, 2017, 06:14:56 PM
Of course that depends on what you plan to do with it.
PayPal is very widely accepted, which is a huge benefit, but they have quite high fees and their security system can be a nightmare.

BTC on the other hand is quick and has low fees, but can be complicated to convert if your country or currencies are not that big.
I agree with you . Paypal has a good security system today. We have to do some verification to be able to use paypal to shop. while bitcoin provides a security system that is slightly loggar, many people are using media bitcoin as a criminal act.
no doubt that paypal is secure system in present time but what about such area where paypal is not available. as in some some countries the service of  paypal is not available and therefore they cannot get benefit from that service therefore  to me i think in present time bitcoin is the best option as bitcoin is present in all over the world, as now bitcoin service as for payment method is already present in all big shops, you can use bitcoin for shopping any thing online.
full member
Activity: 182
Merit: 100
★PlayAmo.com★
April 28, 2017, 04:20:42 PM
Bitcoin is mother all of them Grin
MMA
legendary
Activity: 1134
Merit: 1000
April 28, 2017, 03:59:22 PM
i choose bitcoin than paypal, bitcoin is freedom in internet but i love paypal too, i use paypal since 2012 and receiving any payment with that before i know bitcoin in 2014.

#minexcoin.com
but in my areas we have only one option and that is bitcoin, as we do not have the facilities of using paypal in our area, as their service is not available  here, but thanks bitcoin that we can use for everything, i mostly use bitcoin for online shopping, and it can complete all my requirement, as i can buy anything online using bitcoin, i never face any problem while using bitcoin for online shopping.
hero member
Activity: 3052
Merit: 651
April 28, 2017, 01:46:55 PM
Thank God Paypal have been doing some good decisions partnering with other companies which are related to other services that be withdrawn easily or else I wouldve been just letting it rot there.
We know exchanges thru Paypal to bitcoin have fees and some percentage and I dont like that.
It is like eating up the sum of all your money so it is perfect that they are advancing also.
I dont want to see them as versus but more like options.
full member
Activity: 140
Merit: 100
April 28, 2017, 01:41:27 PM
It all depends on what you use.
If centralized currency, then for you a service is created PayPal. But if you use Bitcoin, then PayPal is not needed.
full member
Activity: 294
Merit: 100
Life is a game, you either play it or get played.
April 28, 2017, 11:51:52 AM
Bitcoin is able to be used in connection to Paypal with the Xapo Debit Card and current features of each payment processor. To get this done the most efficient way is to come up with creative ideas. I like having access to my money from all sources to avoid moving it around, but in terms of what is better would be hard to say since BTC is new. With the value constantly increasing Bitcoin has a plus there, but with the amount of accepted vendors Paypal has that best.

Look into where you'd like to spend or do the above so that the most efficient experience can be opened up to.
full member
Activity: 141
Merit: 100
April 28, 2017, 11:28:15 AM
Of course that depends on what you plan to do with it.
PayPal is very widely accepted, which is a huge benefit, but they have quite high fees and their security system can be a nightmare.

BTC on the other hand is quick and has low fees, but can be complicated to convert if your country or currencies are not that big.
I agree with you . Paypal has a good security system today. We have to do some verification to be able to use paypal to shop. while bitcoin provides a security system that is slightly loggar, many people are using media bitcoin as a criminal act.
In the past the bitcoin usage was found much for illegal activities, but the same has now been lot better when it grew potentially big as a form of investment and a source for high transaction volume with low fee which is quite impossible with any other financial service lenders.

Bitcoin can now be used for different purposes.
For me, bitcoin and Paypal are different systems and they can not be compared. Moreover, PayPal is only a payment system. And bitcoin is both money and payment system
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 27, 2017, 09:47:04 PM
Of course that depends on what you plan to do with it.
PayPal is very widely accepted, which is a huge benefit, but they have quite high fees and their security system can be a nightmare.

BTC on the other hand is quick and has low fees, but can be complicated to convert if your country or currencies are not that big.
I agree with you . Paypal has a good security system today. We have to do some verification to be able to use paypal to shop. while bitcoin provides a security system that is slightly loggar, many people are using media bitcoin as a criminal act.
In the past the bitcoin usage was found much for illegal activities, but the same has now been lot better when it grew potentially big as a form of investment and a source for high transaction volume with low fee which is quite impossible with any other financial service lenders.
legendary
Activity: 1596
Merit: 1011
April 27, 2017, 07:57:52 PM
Of course that depends on what you plan to do with it.
PayPal is very widely accepted, which is a huge benefit, but they have quite high fees and their security system can be a nightmare.

BTC on the other hand is quick and has low fees, but can be complicated to convert if your country or currencies are not that big.
I agree with you . Paypal has a good security system today. We have to do some verification to be able to use paypal to shop. while bitcoin provides a security system that is slightly loggar, many people are using media bitcoin as a criminal act.
newbie
Activity: 1
Merit: 0
April 27, 2017, 04:34:25 PM
Of course that depends on what you plan to do with it.
PayPal is very widely accepted, which is a huge benefit, but they have quite high fees and their security system can be a nightmare.

BTC on the other hand is quick and has low fees, but can be complicated to convert if your country or currencies are not that big.
hero member
Activity: 770
Merit: 500
April 27, 2017, 04:00:45 PM
everyone knows that bitcoins are better for lot reasons
can you please be more specific and explain those reasons? I know lots of good things about bitcoin and I like bitcoin. but other people also should know them. so if you thing bitcoin is better than paypal for lot of reasons than you must explain some of those reasons.
if you're about to using bitcoin then you already know what kind of specific bitcoin had. Im not agree with frompz bitcoin is will be for investments only and any kind of activity that it will involves bitcoin while paypal is far away from bitcoin.

PayPal is nothing more than a payment platform. It doesn't make any sense for people to mention the investment aspect of Bitcoin in a direct comparison. The only possible comparison between the 2 options will have to do with conducting payments in all sorts of forms, and nothing more. If you purely focus on that, it will give PayPal the advantage as it offers a better payment solution than Bitcoin right now.

Comparing them is not entirely correct. I use PayPal for some payments on the Internet, but that does not stop me from investing in bitcoin. Both systems are useful to me.
Well that's true, and not all paypal user's accounts encountered an issue of being locked up or whatever they faced. I use paypal also for shopping online for those websites that doesn't accept bitcoin (as of now,and I hope they will accept it also soon). And I use bitcoin also for different purpose so there's no need to compare them both.
but to me i think in present time, there may be a few online shops who are no accepting bitcoin otherwise all the big online shops are accepting bitcoin. even there are some physical shops who are also accepting bitcoin for shopping. but i think still in most of the area people do not have such facilities that to use bitcoin for shopping in their local shops. but hope that in future all the people of the world will  be able to use bitcoin both for online as well as for shopping in physical shops.
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