Is bitcoin better or paypal? - page 39.

xIIImaL

legendary

Activity: 1372

Merit: 1005

Quote from: topesis on February 03, 2017, 07:10:33 AM

As long as you have Bitcoin exchange in your country, BTC is better, Paypal has lost the initial savour that makes it darling of people doing online transactions, now what BTC offers Paypal can not match it in any way.

People who is does not know about bitcoin will think that paypal is best transaction mode globally. But if we compare with bitcoins, we see that bitcoin is far better than paypal. Simple fees and fast than paypal. Then paypal involves in many email scams. I would choose bitcoin always.

topesis

hero member

Activity: 630

Merit: 500

As long as you have Bitcoin exchange in your country, BTC is better, Paypal has lost the initial savour that makes it darling of people doing online transactions, now what BTC offers Paypal can not match it in any way.

UCHCHILD

sr. member

Activity: 490

Merit: 250

there are many complaint regarding the service of paypal nowadays so people preferred to use bitcoin.

dream4

newbie

Activity: 33

Merit: 0

Both have there strong sides. Still discovering Bitcoin a little bit more.
If you like to have a more private transaction Bitcoin should be the better choice.

jossiel

hero member

Activity: 2842

Merit: 625

Quote from: marcuslong on February 02, 2017, 01:28:24 PM

Quote from: Bitcoinxchanger on December 20, 2015, 09:57:54 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 for me it is best when people will choose what they want to be what is going touse when they do tradings or paying somthing from the internet bitcoin is not yet fully performed on online payment not like paypal its mainstream pyment option.

Yes Paypal is the mainstream and there are issues with them but if you are into other source of income and you don't have choice to accept payment but with only them.

But if we are going to keep on supporting bitcoin it can make the service of paypal adopt them instead of making them lose in the industry.

And bitcoin is better for me because it gives us more convenience and opportunities.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: blackhawkeye1912 on February 02, 2017, 01:23:56 PM

Quote from: Bitcoinxchanger on December 20, 2015, 09:57:54 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.

Yes it is! Because I am one of their clients, when it comes to rules and policies they are very strict, comparing to Bitcoin is vice versa of Paypal. Their differences was transaction fees, security, requirements for id verification was too many,and it is centralized in Paypal while bitcoin is not, instead it is decentralized.

Before Bitcoin I wasn't thinking about being stuck in a centralized system, and I am sure the average people that don't know Bitcoin don't share these concerns either. They don't know any better than PayPal and other fiat related payment services. If you look at it from that point, then it's not that surprising that they keep making use of PayPal & Co. I had a PayPal account as well years ago, but I ditched it after getting to know Bitcoin. But I must note that back then it wasn't an issue to send transactions without any fees. Right now that's completely different as nearly every found block is stacked to the max.

marcuslong

legendary

Activity: 1036

Merit: 1002

Quote from: Bitcoinxchanger on December 20, 2015, 09:57:54 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 for me it is best when people will choose what they want to be what is going touse when they do tradings or paying somthing from the internet bitcoin is not yet fully performed on online payment not like paypal its mainstream pyment option.

blackhawkeye1912

sr. member

Activity: 784

Merit: 250

Quote from: Bitcoinxchanger on December 20, 2015, 09:57:54 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.

Yes it is! Because I am one of their clients, when it comes to rules and policies they are very strict, comparing to Bitcoin is vice versa of Paypal. Their differences was transaction fees, security, requirements for id verification was too many,and it is centralized in Paypal while bitcoin is not, instead it is decentralized.

markyminer

hero member

Activity: 532

Merit: 500

Quote from: JeffBrad12 on January 30, 2017, 07:19:26 PM

Quote from: Ewinsane on January 30, 2017, 07:15:25 PM

Quote from: Question123 on January 28, 2017, 08:34:27 AM

bitcoin is better than the PayPal. Many user of PayPal complain and its hard to verify account PayPal. Bitcoin is good transaction the fee is low and it easy to verify account you need email and phone number to verify it. The transaction fee of PayPal is high. So thumps up for the bitcoin ! 😇

you can see that maximum people in the fever of bitcoin as you and bitcoin is much more better and easy than paypal and i can buy anything with bitcoin online in my country and bitcoin is available around the world and paypal is still not allowed in my country and no one using paypal in my country.

What's wrong with bitcoin and PayPal? Bitcoin is a cryptocurrency and PayPal is the money gateway or payment service. I haven't seen something are being a problem between the both.
How about the people are requesting about PayPal try to make the new service for bitcoin? Does it make more sense for you?

but i think bitcoin also the gateway, so if we compare the two properties of bitcoin and paypal still i will like to select bitcoin, bitcoin is the best way of transferring currency from one place to another. in fact bitcoin is present everywhere and its user can be found in all over the world whereas paypal is regional and not present everywhere.

JeffBrad12

hero member

Activity: 2898

Merit: 529

Leading Crypto Sports Betting & Casino Platform

Quote from: Ewinsane on January 30, 2017, 07:15:25 PM

Quote from: Question123 on January 28, 2017, 08:34:27 AM

bitcoin is better than the PayPal. Many user of PayPal complain and its hard to verify account PayPal. Bitcoin is good transaction the fee is low and it easy to verify account you need email and phone number to verify it. The transaction fee of PayPal is high. So thumps up for the bitcoin ! 😇

you can see that maximum people in the fever of bitcoin as you and bitcoin is much more better and easy than paypal and i can buy anything with bitcoin online in my country and bitcoin is available around the world and paypal is still not allowed in my country and no one using paypal in my country.

What's wrong with bitcoin and PayPal? Bitcoin is a cryptocurrency and PayPal is the money gateway or payment service. I haven't seen something are being a problem between the both.
How about the people are requesting about PayPal try to make the new service for bitcoin? Does it make more sense for you?

Ewinsane

hero member

Activity: 980

Merit: 523

Quote from: Question123 on January 28, 2017, 08:34:27 AM

bitcoin is better than the PayPal. Many user of PayPal complain and its hard to verify account PayPal. Bitcoin is good transaction the fee is low and it easy to verify account you need email and phone number to verify it. The transaction fee of PayPal is high. So thumps up for the bitcoin ! 😇

you can see that maximum people in the fever of bitcoin as you and bitcoin is much more better and easy than paypal and i can buy anything with bitcoin online in my country and bitcoin is available around the world and paypal is still not allowed in my country and no one using paypal in my country.

deadpoolx

hero member

Activity: 560

Merit: 500

Quote from: ManOnTheMoon on January 28, 2017, 03:34:25 PM

Quote from: DDS1 on January 28, 2017, 02:49:06 PM

Paypal is nice payment processor but paypal take time to send your payment. BTC is great because this give instant payment. Therefore my personal think is bitcoin. I hope you never to feel bad about paypal. Because i use both payment processor. My first payment take in paypal. I like both payment processor. But quick payment on btc.

Time is money and that is the reason bitcoin takes a lead over Paypal and the only reason Paypal has more users and its more popular only because it exists since long time and it has huge market cap whereas bitcoin is still new to many people but things will change in future when more people will get aware about bitcoins.

Yeah, PayPal is a service that has had more time to gain the trust of users. Also the fact that it is centralized diminishes the resistance of government regulatory agencies, which make things easier for websites that want to implement this payment system. In the case of Bitcoin, because it is decentralized, there is no way for the government to impose restrictions. This aspect is something that makes Bitcoin better than other payment systems, but this also creates uncertainty for some services to adopt the currency.

carlerha

hero member

Activity: 588

Merit: 500

Quote from: meelvanchris on January 28, 2017, 07:35:24 PM

Quote from: ifightformerkel on January 28, 2017, 06:58:47 PM

Yes when i want to buy bitcoin i would not buy it with paypal.

Because also when you use paypal friends and family you can charge the money back when you say,
that your account was hacked.

I have this one time also, i sell some bitcoin and the person get charge his money back,
so i also dont use paypal anymore to buy bitcoins, it is very risky.

We don't want to use Paypal anymore because we are using bitcoins and we know the advantages of bitcoins but those who are not aware about the bitcoins yet will still prefer to use Paypal as most of the sites accepts Paypal as a mode of payment when it comes to online shopping and we don't see the option of bitcoins in majority of sites to make a payment.

in fact now the option of bitcoin for payment is available everywhere, where in past only the option of paypal was present, most of the online shops are also like people chose bitcoin as for the payment method. as bitcoin is more reliable, trusted and is available everywhere. while in some countries where paypal service is not available they were really facing problems, but now bitcoin solved all their problems.

meelvanchris

sr. member

Activity: 336

Merit: 250

Quote from: ifightformerkel on January 28, 2017, 06:58:47 PM

Yes when i want to buy bitcoin i would not buy it with paypal.

Because also when you use paypal friends and family you can charge the money back when you say,
that your account was hacked.

I have this one time also, i sell some bitcoin and the person get charge his money back,
so i also dont use paypal anymore to buy bitcoins, it is very risky.

We don't want to use Paypal anymore because we are using bitcoins and we know the advantages of bitcoins but those who are not aware about the bitcoins yet will still prefer to use Paypal as most of the sites accepts Paypal as a mode of payment when it comes to online shopping and we don't see the option of bitcoins in majority of sites to make a payment.

ifightformerkel

legendary

Activity: 1386

Merit: 1000

Yes when i want to buy bitcoin i would not buy it with paypal.

Because also when you use paypal friends and family you can charge the money back when you say,
that your account was hacked.

I have this one time also, i sell some bitcoin and the person get charge his money back,
so i also dont use paypal anymore to buy bitcoins, it is very risky.

gsrcrxsi

sr. member

Activity: 294

Merit: 250

Quote from: angaper on January 28, 2017, 04:05:24 PM

However it still exists and there will always be a niche market for both options, since each has its advantages and disadvantages, pros and cons. I personally use both regularly though it is undeniable the great advantage of bitcoin by being a currency and a payment processor simultaneously. something that will never happen with paypal.

That's true and Paypal enjoys good user base as its older then bitcoins and bitcoin has not yet reached everywhere and that is the reason Paypal is holding its position in the market but I am sure once people would get aware bitcoins it will not take much time for them to switch to bitcoins and say bye bye to Paypal.

angaper

hero member

Activity: 966

Merit: 507

However it still exists and there will always be a niche market for both options, since each has its advantages and disadvantages, pros and cons. I personally use both regularly though it is undeniable the great advantage of bitcoin by being a currency and a payment processor simultaneously. something that will never happen with paypal.

ManOnTheMoon

sr. member

Activity: 420

Merit: 250

Quote from: DDS1 on January 28, 2017, 02:49:06 PM

Paypal is nice payment processor but paypal take time to send your payment. BTC is great because this give instant payment. Therefore my personal think is bitcoin. I hope you never to feel bad about paypal. Because i use both payment processor. My first payment take in paypal. I like both payment processor. But quick payment on btc.

Time is money and that is the reason bitcoin takes a lead over Paypal and the only reason Paypal has more users and its more popular only because it exists since long time and it has huge market cap whereas bitcoin is still new to many people but things will change in future when more people will get aware about bitcoins.

DDS1

newbie

Activity: 16

Merit: 0

Paypal is nice payment processor but paypal take time to send your payment. BTC is great because this give instant payment. Therefore my personal think is bitcoin. I hope you never to feel bad about paypal. Because i use both payment processor. My first payment take in paypal. I like both payment processor. But quick payment on btc.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: Question123 on January 28, 2017, 08:34:27 AM

bitcoin is better than the PayPal. Many user of PayPal complain and its hard to verify account PayPal. Bitcoin is good transaction the fee is low and it easy to verify account you need email and phone number to verify it. The transaction fee of PayPal is high. So thumps up for the bitcoin ! 😇

I assume you're making use of an online wallet service that is asking these bits of information from you? If you just stick to PC clients such as Bitcoin Core, then there is nothing required from you information wise. If you're a business selling stuff for PayPal, then the fees are indeed steep. But the main benefit is the great level of acceptance that PayPal is enjoying. Especially when you consider that if you buy stuff with PayPal, that it's only the selling party that ends up paying the fee, and not the buyer. Plus the buyer enjoys their much loved buyer protection. If you look at it from that perspective, then there is no real point for these people to ditch PayPal any time soon.

Topic: Is bitcoin better or paypal? - page 39. (Read 281245 times)