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Topic: Is bitcoin better or paypal? - page 31. (Read 281291 times)

sr. member
Activity: 448
Merit: 250
April 13, 2017, 12:47:07 PM
how this going to work with merchant who cheat and ship wrong product if you paid via BTC?
legendary
Activity: 1302
Merit: 1027
April 13, 2017, 07:24:41 AM
I don't want to give my judgement right now, it is still too early to say that bitcoin is better than PayPal, though we can see that it is flexible and many are loving to use it. But because of popularity and PayPal already built trust from the community and it made a lot of transactions from offshore that made us to send and receive money worldwide and transfer it to our bank and many are still relying on them, though bitcoin is doing the same thing.
Paypal is the old source, and it has already built a good reputation in users heart, Before this Bitcoin that is the only easy solution to do the transaction, But now Bitcoin slowly acquiring Paypal place in online marketing. More people are showing interest on this digital currency because it is easy to use compare PayPal and transaction fee also bit low and without showing identity, we can do the transaction.

Not only this options but the major option is no one can scam and the transaction are not reversible like in Paypal if the products purchase claims the transaction as fraud and gets his fund reversed through transaction reversal policy through which lot of scammers are cheating with the individual users. In bitcoin once the transaction is finished you cannot reverse it. This is also a good security option for both parties
legendary
Activity: 1092
Merit: 1000
April 13, 2017, 06:54:51 AM
I don't want to give my judgement right now, it is still too early to say that bitcoin is better than PayPal, though we can see that it is flexible and many are loving to use it. But because of popularity and PayPal already built trust from the community and it made a lot of transactions from offshore that made us to send and receive money worldwide and transfer it to our bank and many are still relying on them, though bitcoin is doing the same thing.
Paypal is the old source, and it has already built a good reputation in users heart, Before this Bitcoin that is the only easy solution to do the transaction, But now Bitcoin slowly acquiring Paypal place in online marketing. More people are showing interest on this digital currency because it is easy to use compare PayPal and transaction fee also bit low and without showing identity, we can do the transaction.
hero member
Activity: 1218
Merit: 557
April 13, 2017, 05:24:42 AM
There is no comparison between bitcoin and paypal. Its like you are comparing the vacant land and ready possession flat. Bitcoin with the features and no return back once send make it more competitive. With the growing presence across countries this has show as one of the best asset class among all financial instrument last year in term of return. Does paypal gives such returns?
legendary
Activity: 2170
Merit: 1427
April 13, 2017, 04:43:17 AM
Bitcoin is much better than paypal as bitcoin is accepted worldwide and it is a currency for world wide and a payment system for all over the world , while paypal is a payment system limited to some countries. So businesses with bitcoin are accessible all over the world while those businesses with paypal are only accessible to those countries where paypal is allowed.


You are pretty short sighted.

PayPal enjoys a massive level of merchant adoption throughout most countries in the world - Bitcoin by far not.

PayPal users can buy goods from these merchants without having to pay a single penny in transaction costs - with Bitcoin you'll need to add a well sized fee.

PayPal users enjoy buyers protection - which isn't the case with Bitcoin, although such a service could be offered through a third party eventually.

PayPal users can transact instantly and free with friends, family, etc - with Bitcoin you'll be forced to include a fee, or you'll risk seeing your transaction drop after a day or two.

If you take these points into consideration, then one thing becomes obviously clear; PayPal offers a great level of usability.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
April 13, 2017, 04:22:52 AM
I don't want to give my judgement right now, it is still too early to say that bitcoin is better than PayPal, though we can see that it is flexible and many are loving to use it. But because of popularity and PayPal already built trust from the community and it made a lot of transactions from offshore that made us to send and receive money worldwide and transfer it to our bank and many are still relying on them, though bitcoin is doing the same thing.
legendary
Activity: 1050
Merit: 1001
April 13, 2017, 03:16:53 AM
Bitcoin is much better than paypal as bitcoin is accepted worldwide and it is a currency for world wide and a payment system for all over the world , while paypal is a payment system limited to some countries. So businesses with bitcoin are accessible all over the world while those businesses with paypal are only accessible to those countries where paypal is allowed.

Not really yet accepted and spread evenly , bitcoin still in growth phase.
But i do admit since know bitcoin i am no longer use paypal to do online payment.
A lot of benefit i have received by using bitcoin , and feel really in financial freedom compared to paypal or any other payment processor
sr. member
Activity: 364
Merit: 250
April 12, 2017, 08:44:13 PM
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.
By this time my answer is still no even do i support bitcoins.Im a paypal user also and i feel more fast transaction and hassle  free shopping using my paypal account online since most of market only are already accepts paypal payments unlike bitcoins where you can use it in just selected sites.
full member
Activity: 238
Merit: 100
April 12, 2017, 08:09:13 PM
Bitcoin is much better than paypal as bitcoin is accepted worldwide and it is a currency for world wide and a payment system for all over the world , while paypal is a payment system limited to some countries. So businesses with bitcoin are accessible all over the world while those businesses with paypal are only accessible to those countries where paypal is allowed.
hero member
Activity: 994
Merit: 502
April 08, 2017, 10:18:41 PM
Your bitcoin wallet can't freeze your funds because someone is investigating "something" they never say what really is, related to you like Paypal does.

Because no one controls your Bitcoin wallet besides you.  Wink
Yes Agree with that, the One who can control your bitcoin is you. A lot of strict rule in paypal that make us uncomfortable of using it. so I think bitcoin is better than paypal, we Get a lot of advantage of using bitcoin such as the ease transaction and the anonimity.
Anonymity is just a part of the bitcoin's feature that serves as an added advantage. PayPal is an transaction portal for all sorts of requirements. Business people most of the time make use of PayPal and for high volume transactions bitcoin is preferred.
legendary
Activity: 1147
Merit: 1007
April 08, 2017, 10:05:12 PM
Your bitcoin wallet can't freeze your funds because someone is investigating "something" they never say what really is, related to you like Paypal does.

Because no one controls your Bitcoin wallet besides you.  Wink
Yes Agree with that, the One who can control your bitcoin is you. A lot of strict rule in paypal that make us uncomfortable of using it. so I think bitcoin is better than paypal, we Get a lot of advantage of using bitcoin such as the ease transaction and the anonimity.
In paypal, they need your personal information while in bitcoin they don't need your personal information, bitcoin just need your bitcoin address. In paypal they have high fees that can make you annoyed when doing a lot of transactions while in bitcoin, the fees are very flexible and you can adjust it based in the time frame that you like when making a transaction. In just those two characteristics, I can say that bitcoin is better because it is anonymous and it is lower and more affordable than paypal in making transactions.

Other than that its decentralized and not limited on one currency or country. I mean in PayPal before its only convertible to USD and some countries were not supported with PayPal and needs lot of information also a credit card which I don't have,unlike in bitcoin we can convert it on our currency and does not provide lots of details about us. Definitely Bitcoin is much better than PayPal that I tried to use before.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
April 08, 2017, 09:41:47 PM
Your bitcoin wallet can't freeze your funds because someone is investigating "something" they never say what really is, related to you like Paypal does.

Because no one controls your Bitcoin wallet besides you.  Wink
Yes Agree with that, the One who can control your bitcoin is you. A lot of strict rule in paypal that make us uncomfortable of using it. so I think bitcoin is better than paypal, we Get a lot of advantage of using bitcoin such as the ease transaction and the anonimity.
In paypal, they need your personal information while in bitcoin they don't need your personal information, bitcoin just need your bitcoin address. In paypal they have high fees that can make you annoyed when doing a lot of transactions while in bitcoin, the fees are very flexible and you can adjust it based in the time frame that you like when making a transaction. In just those two characteristics, I can say that bitcoin is better because it is anonymous and it is lower and more affordable than paypal in making transactions.
hero member
Activity: 672
Merit: 500
April 08, 2017, 08:39:22 PM
Your bitcoin wallet can't freeze your funds because someone is investigating "something" they never say what really is, related to you like Paypal does.

Because no one controls your Bitcoin wallet besides you.  Wink
Yes Agree with that, the One who can control your bitcoin is you. A lot of strict rule in paypal that make us uncomfortable of using it. so I think bitcoin is better than paypal, we Get a lot of advantage of using bitcoin such as the ease transaction and the anonimity.
klf
legendary
Activity: 1344
Merit: 1000
April 08, 2017, 08:08:50 PM
Bitcoin is definitely better than Paypal. You can't get fucked in the ass with Bitcoin, but you most likely will experience that feeling with Paypal, at least once or even twice in your life.
you are right a large number of people have faced a number of issues with the use of paypal and they felt like slaves of them in their own money but now with bitcoin they feel freedom.

As long as you don't try to do something which is against to their terms then I don't think Paypal is an issue for anyone. But it has given so much secured environment for buyers to buy online from an unknown person without much worry. I'm using them for more than 10 years but never had any issues with them but I do agree that for sellers they charge higher side fee but for buyers it is very good.
For some people it is a better service and for some people it is a bad service for those who are claiming it as a good service is because they do not have faced any lost of their funds because of paypal and those who lost their funds in paypal because of getting frozen their accounts are claiming it as bad. That was all about paypal while there is no one who is against bitcoin only those who do not have adopted it yet.

If I'm not wrong, whoever claiming that their funds are frozen surely some of their terms they might not have followed. If not why they need to freeze the accounts? Either those guys are not able to prove that account belongs them or some they might have received funds from troubled accounts so they may ask for more clarifications until that they will freeze the accounts. But I never faced this issue with PayPal. 
hero member
Activity: 1806
Merit: 672
April 08, 2017, 07:47:17 PM
Bitcoin is definitely better than Paypal. You can't get fucked in the ass with Bitcoin, but you most likely will experience that feeling with Paypal, at least once or even twice in your life.
i think every one has their own choice but i will also chose bitcoin as bitcoin can has so many advantages, bitcoin is providing a good opportunity to trade and get good profit. there are so many other advantages of bitcoin which we cannot ignore.
Have you even been considering that if you are willing to accept Bitcoin than Paypal you are also accepting its volatility. Yes I know transaction fees are way less in Bitcoin but in accepting it there is also a chance of you having lesser than what you expect. What I mean about that is when you accept 1 Bitcoin as payment which you expect to be converted into 1200$ but actually that day Bitcoin's exchange rate is 1100$ in the end you might be having a lost in your business.
sr. member
Activity: 440
Merit: 250
April 08, 2017, 07:35:14 PM
Bitcoin is definitely better than Paypal. You can't get fucked in the ass with Bitcoin, but you most likely will experience that feeling with Paypal, at least once or even twice in your life.
i think every one has their own choice but i will also chose bitcoin as bitcoin can has so many advantages, bitcoin is providing a good opportunity to trade and get good profit. there are so many other advantages of bitcoin which we cannot ignore.
hero member
Activity: 952
Merit: 503
April 08, 2017, 04:20:36 PM
Bitcoin is definitely better than Paypal. You can't get fucked in the ass with Bitcoin, but you most likely will experience that feeling with Paypal, at least once or even twice in your life.
you are right a large number of people have faced a number of issues with the use of paypal and they felt like slaves of them in their own money but now with bitcoin they feel freedom.
i think it is the main reason because a maximum people are going to adopt bitcoin and paypal is going to down and everyone strongly trust in bitcoin price that price will be more going to high value.  
hero member
Activity: 798
Merit: 500
April 08, 2017, 04:19:18 PM
Bitcoin is definitely better than Paypal. You can't get fucked in the ass with Bitcoin, but you most likely will experience that feeling with Paypal, at least once or even twice in your life.
you are right a large number of people have faced a number of issues with the use of paypal and they felt like slaves of them in their own money but now with bitcoin they feel freedom.

As long as you don't try to do something which is against to their terms then I don't think Paypal is an issue for anyone. But it has given so much secured environment for buyers to buy online from an unknown person without much worry. I'm using them for more than 10 years but never had any issues with them but I do agree that for sellers they charge higher side fee but for buyers it is very good.
For some people it is a better service and for some people it is a bad service for those who are claiming it as a good service is because they do not have faced any lost of their funds because of paypal and those who lost their funds in paypal because of getting frozen their accounts are claiming it as bad. That was all about paypal while there is no one who is against bitcoin only those who do not have adopted it yet.
hero member
Activity: 756
Merit: 504
April 08, 2017, 04:11:38 PM
Your bitcoin wallet can't freeze your funds because someone is investigating "something" they never say what really is, related to you like Paypal does.

Because no one controls your Bitcoin wallet besides you.  Wink
But if you lost your password then you cannot recovered in bitcoin but you can recovered in Paypal because they have backup  Cheesy
hero member
Activity: 840
Merit: 500
April 08, 2017, 04:07:47 PM
Bitcoin is definitely better than Paypal. You can't get fucked in the ass with Bitcoin, but you most likely will experience that feeling with Paypal, at least once or even twice in your life.
you are right a large number of people have faced a number of issues with the use of paypal and they felt like slaves of them in their own money but now with bitcoin they feel freedom.
yes that is right. paypal service is not too much good  and that is the reason that people have now change their mindset and they select bitcoin as their payment method and for exchange purpose also.
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