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Topic: Is bitcoin better or paypal? - page 26. (Read 281245 times)

hero member
Activity: 994
Merit: 502
April 23, 2017, 09:01:56 PM
paypal already became an old fashoin method to pay
Old is Gold, you haven't heard that? Paypal is a very old method of payment. but still paypal is primary payment source of millions of peoples and thousands of online companies and marketplaces.
As the statement, so is the reality. PayPal is a old system that evolved to fulfil the transaction needs of people all around with much ease. Now the technology it follows is overcome by bitcoin but the trust and the convenience provided by the same make people think PayPal to be their primary transaction partner.
hero member
Activity: 3080
Merit: 603
April 23, 2017, 07:24:41 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.

There's no need for specification about it, if you are a bitcoin user/investor/holder you know those things where bitcoin is excelling against PayPal. Decentralization, confirmation, fees and almost all features of bitcoin is something that can have no match to compare with PayPal. We know all about it if you are into it.
hero member
Activity: 756
Merit: 520
April 23, 2017, 06:50:48 PM
I don't think both of them can be compared, as paypal is a service - a mediator which transacts on your behalf through your bank account, card or loaded funds where Bitcoin is a cryptocurrency - a currency itself. Still, Bitcoin has more chances of getting accepted and used widespread as its fee is least compared to any services online or offline for monetary transfers whether domestic or international.

Smart. Bitcoin has PayPal and also different places, and also a bitcoin/bitcoin has a market or markets. So the comparison is definitely not going to have a point of excellence of each of these currencies. Because of all the systems, services, service, and also loans that they have many shortcomings or can even complement each other (if do want to unite will be far more profitable). It all just depends on how to use it, if it could use it properly then the profit will always be obtained
 
legendary
Activity: 1330
Merit: 1019
April 23, 2017, 10:16:57 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.
hero member
Activity: 1232
Merit: 683
Tontogether | Save Smart & Win Big
April 23, 2017, 10:16:06 AM
paypal already became an old fashoin method to pay
Old is Gold, you haven't heard that? Paypal is a very old method of payment. but still paypal is primary payment source of millions of peoples and thousands of online companies and marketplaces.
That is right, "old is gold" rule works in this case, because Paypal is pretty much used worldwide, it is fairly easy in use and very transparent.
Also, you cannot suffer from any kind of scams, because paypal is a legit company which is responsible on every transaction. If something will go wrong, you can always make a complaint and retrieve your money lost due to some kind of an issue.

That doesn't work with bitcoin because it is decentralized, and this block size plus the amount of btc needed for fee is too high to even consider bitcoin is better than paypal.
newbie
Activity: 27
Merit: 0
April 23, 2017, 07:54:56 AM
everyone knows that bitcoins are better for lot reasons
legendary
Activity: 1330
Merit: 1019
April 23, 2017, 07:52:12 AM
paypal already became an old fashoin method to pay
Old is Gold, you haven't heard that? Paypal is a very old method of payment. but still paypal is primary payment source of millions of peoples and thousands of online companies and marketplaces.
hero member
Activity: 812
Merit: 510
April 23, 2017, 07:19:44 AM
With the advent of bitcoin, Paypal began to lose popularity. Although this is a payment system, not a currency, and comparing it is not entirely correct, but bitcoin is much better, especially because of anonymity.
Yes you are right that more people are using bitcoin now but you should also know this the people who use PayPal instead of bitcoin are mostly not aware of bitcoin. But 95% of bitcoin users are fully aware of paypal. It will surely take time for bitcoin but using both is best option for now.
sr. member
Activity: 644
Merit: 262
April 22, 2017, 03:38:37 PM
I think that bitcoin is better than PayPal, because it is illimited, you can hold all the bitcoin that you wish
hero member
Activity: 756
Merit: 500
April 22, 2017, 03:22:21 PM
I choose bitcoin its easy to use and lower fees but the minus is not many online shop who receive bitcoin in here


Although a minus but that is not an impediment, as I'm sure everyone know them that any advantage in the bitcoin is a victory for everyone. An example is a person who makes sure will have color or yellow eggs still applies and has no steps or gestures that are quite long. But at least if made while on duty jongkak. be someone who became a pioneer then everything will give you the advantage of a constituent
 
MMA
legendary
Activity: 1134
Merit: 1000
April 22, 2017, 11:55:02 AM
I choose bitcoin its easy to use and lower fees but the minus is not many online shop who receive bitcoin in here

I do use bitcoin as investment and ways to make money online and PayPal to buy thinks online. Though I prefer using bitcoin compared to PayPal just that bitcoin has limited acceptability coverage compare to PayPal. PayPal is acceptable in also all the online stores but very few accept bitcoin.
yes it is very good profitable investment no doubt about this but i think it is also very convenient to use bitcoin for online shopping, because now we can see that most of the big online shops also accept bitcoin for online shopping, i think now the trend is also changing as now most of the people are using bitcoin for online shopping as well as it is now also using in some places in offline shops also.
sr. member
Activity: 882
Merit: 269
April 22, 2017, 03:00:55 AM
I choose bitcoin its easy to use and lower fees but the minus is not many online shop who receive bitcoin in here

I do use bitcoin as investment and ways to make money online and PayPal to buy thinks online. Though I prefer using bitcoin compared to PayPal just that bitcoin has limited acceptability coverage compare to PayPal. PayPal is acceptable in also all the online stores but very few accept bitcoin.
newbie
Activity: 13
Merit: 0
April 21, 2017, 05:12:50 PM
paypal already became an old fashoin method to pay
legendary
Activity: 1148
Merit: 1006
April 21, 2017, 08:07:31 AM
PayPal is great for buyers with bad intentions. Beside that, using PayPal is like you are extorting yourself by paying high fees. It just doesn't make sense. Bitcoin is better in every aspect. With Bitcoin you as seller are also protected. No one can charge back on you.


i think it depends because these two have their own advantages and disadvantages.  it also depends on the transactions that we are going to do. just a kind reminder, we have to be careful of scammers and fradaulent transactions.
Absolutely every service must have its own advantages and disadvantages. There is currently no service that is really perfect. One of the current weaknesses of bitcoin is that it is easy to use for criminal activities because all transactions are so easily manipulated by making multiple wallet addresses.

Yes, there is absolutely no perfect service. Bitcoin and PayPal have their advantages and disadvantages, just everyone chooses something that suits him better.

Paypal is a bit better in security wise, and we will get support from PayPal any issues we found in the transaction. But this facility not there in Bitcoin. Other than this both have their owned advantage and disadvantages which one suit for your business you can choose it. Before I use PayPal to get my online payment. But now I am using both I am ready to accept my payment in Bitcoin and PayPal.
sr. member
Activity: 279
Merit: 250
April 21, 2017, 04:39:50 AM
PayPal is great for buyers with bad intentions. Beside that, using PayPal is like you are extorting yourself by paying high fees. It just doesn't make sense. Bitcoin is better in every aspect. With Bitcoin you as seller are also protected. No one can charge back on you.


i think it depends because these two have their own advantages and disadvantages.  it also depends on the transactions that we are going to do. just a kind reminder, we have to be careful of scammers and fradaulent transactions.
Absolutely every service must have its own advantages and disadvantages. There is currently no service that is really perfect. One of the current weaknesses of bitcoin is that it is easy to use for criminal activities because all transactions are so easily manipulated by making multiple wallet addresses.

Yes, there is absolutely no perfect service. Bitcoin and PayPal have their advantages and disadvantages, just everyone chooses something that suits him better.
legendary
Activity: 1386
Merit: 1027
Dump it!!!
April 21, 2017, 01:25:53 AM
its easy to pick a side depending on which side  of the trade  you on...if you are selling an item you would most likely prefer bitcoin as payment and if you are on the buyers side, paypal will be the best option to ensure seller doesnt give you a broken item provided provided you act honestly .
hero member
Activity: 3038
Merit: 634
April 21, 2017, 12:30:26 AM
I choose bitcoin its easy to use and lower fees but the minus is not many online shop who receive bitcoin in here


It's the only one disadvantage and problem or should I say that needs to happen very soon. Bitcoin isn't accepted right now because it's still infamous.

But once a lot of people started to recognize and trust bitcoin, this will be the end times for the whole PayPal company.

And right now, maybe they are thinking of something when this worst thing happened.
legendary
Activity: 1596
Merit: 1011
April 21, 2017, 12:07:48 AM
PayPal is great for buyers with bad intentions. Beside that, using PayPal is like you are extorting yourself by paying high fees. It just doesn't make sense. Bitcoin is better in every aspect. With Bitcoin you as seller are also protected. No one can charge back on you.


i think it depends because these two have their own advantages and disadvantages.  it also depends on the transactions that we are going to do. just a kind reminder, we have to be careful of scammers and fradaulent transactions.
Absolutely every service must have its own advantages and disadvantages. There is currently no service that is really perfect. One of the current weaknesses of bitcoin is that it is easy to use for criminal activities because all transactions are so easily manipulated by making multiple wallet addresses.
hero member
Activity: 1148
Merit: 504
April 20, 2017, 11:50:43 PM
I choose bitcoin its easy to use and lower fees but the minus is not many online shop who receive bitcoin in here


in addition, bitcoin has no limitations in getting your money and they will not freeze your account unlike in paypal they will freeze your account without notifying the account holder. Roll Eyes
hero member
Activity: 1148
Merit: 504
April 20, 2017, 11:47:40 PM
PayPal is great for buyers with bad intentions. Beside that, using PayPal is like you are extorting yourself by paying high fees. It just doesn't make sense. Bitcoin is better in every aspect. With Bitcoin you as seller are also protected. No one can charge back on you.


i think it depends because these two have their own advantages and disadvantages.  it also depends on the transactions that we are going to do. just a kind reminder, we have to be careful of scammers and fradaulent transactions.
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