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Topic: Is bitcoin better or paypal? - page 46. (Read 281270 times)

sr. member
Activity: 854
Merit: 251
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January 05, 2017, 02:04:09 AM
I think bitcoin is way more better than paypal cause in bitcoin you can use it very easily and you don't have to give your real information,
And also you can send or receive your money easily without any hassle when you are using bitcoin and there is no age restriction in bitcoin because of it's anonymity
klf
legendary
Activity: 1344
Merit: 1000
January 04, 2017, 11:42:57 PM
its really difficult to tear the two apart as it will depend on which side of the transaction you are playing whether the receiving side or the sending side and we all know sellers would undisputedly go for bitcoins and the buyers being afraid of being scammed will prefer paypal as it protects them/us.
The good thing in bitcoin right now we are seeing that the price is continues to increase and almost all people are get the benefits of the price increase of bitcoin unlike you are just using paypal and the fee is high than bitcoin.. the good thing in paypal you can charge back if you receive a wrong product or not fits to your needs. .
Yes, PayPal has this advantage that if any customer complaint that they are not received product or any other issue, the customer will get back there money to PayPal account. But this is the only advantage for buyers for sellers this is a big disadvantage because some buyers will cheat sellers like after getting the good product they will raise the complaint telling like it's not received or the product is not good etc. so this is a loss for sellers. I personally had experience in online business.
newbie
Activity: 29
Merit: 0
January 04, 2017, 10:41:34 PM
Bitcoin and PayPal cannot be compared PayPal let people pay with a sort of security and the bitcoin is a real currency!!
member
Activity: 87
Merit: 10
January 04, 2017, 09:45:46 PM
Right now I still think that PayPal is still a bit better but that is just because its way more accepted, just because of that...
hero member
Activity: 1456
Merit: 624
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January 04, 2017, 01:35:50 PM
its really difficult to tear the two apart as it will depend on which side of the transaction you are playing whether the receiving side or the sending side and we all know sellers would undisputedly go for bitcoins and the buyers being afraid of being scammed will prefer paypal as it protects them/us.
The good thing in bitcoin right now we are seeing that the price is continues to increase and almost all people are get the benefits of the price increase of bitcoin unlike you are just using paypal and the fee is high than bitcoin.. the good thing in paypal you can charge back if you receive a wrong product or not fits to your needs. .
legendary
Activity: 1526
Merit: 1179
January 04, 2017, 01:21:02 PM
bitcoin and paypal is different so i think i can not said what is better between bitcoin and paypal. but the benefit for bitcoin is we don't have to send any document and fill the data in our account. in paypal we have to complete our data and sending our details to them.
They are similar in the way that both PayPal and Bitcoin allow you to send money from point A to point B while each of them has advantages and disadvantages.

With PayPal you indeed need to verify yourself completely in order to make use of it, but for some reason the average joe type of people don't seem to mind it that much.

They see PayPal as a very secure plarform where they enjoy the feature of charging back in case they need to do so. That's an important aspect that keeps people making use of PayPal.
That portion of paypal keep it up the charging back the money you send if your transaction with someone become scam. So Paypal is the very best in terms of security but in trading I will go for Bitcoin because bitcoin price goes down and up. So it is good to invest to bitcoin and secure it in paypal if your not going to use or the bitcoin price will go down.
Honestly, you can't compare Bitcoin and PayPal when it comes to trading and investing. PayPal is nothing more than a payment service.

When it comes to cashing out your coins, then there isn't really a difference when you cash out to your bank or PayPal account as both allow you to charge back.

I am however not sure how PayPal is doing right now, but I have heard people had their account frozen as they used it to buy and sell Bitcoin. That's what I consider to be a huge disadvantage.
hero member
Activity: 994
Merit: 515
Get'em boys
January 03, 2017, 07:34:04 PM
its really difficult to tear the two apart as it will depend on which side of the transaction you are playing whether the receiving side or the sending side and we all know sellers would undisputedly go for bitcoins and the buyers being afraid of being scammed will prefer paypal as it protects them/us.
hero member
Activity: 2044
Merit: 784
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January 03, 2017, 07:21:02 PM
bitcoin provides ease in all access. including in transferring financial transactions. while PayPal has a regulation that is more complicated than bitcoin. of course I chose bitcoin than paypal.

You are right. Using paypal the fees are higher and their service is very intrusive because their regulations. I don't like it. That is why I stopped using paypal and now I use only bitcoins, I can pay cheper fees per transferences and it's anonymous.
My country doesn't have a regulation about bitcoin, I can use it without pay fees for the government and I don't need to give my identification.
legendary
Activity: 1526
Merit: 1001
January 03, 2017, 07:09:09 PM
bitcoin provides ease in all access. including in transferring financial transactions. while PayPal has a regulation that is more complicated than bitcoin. of course I chose bitcoin than paypal.
sr. member
Activity: 247
Merit: 250
January 03, 2017, 04:44:39 PM
bitcoin is above paypal
paypal is not familiar and very dificult to use
must verified, limit, dispute feature and another problem is can dificult to user
They are different because paypal complies with the law of the state while bitcoin is decentralized. What we can only say here is based on our own experience because if you will ask other online users who only uses paypal, they will tell you the opposite.

You are right! Upon choosing between of two and asking a person which is better then they are choosing what they've been using ever since! well as a paypal user and bitcoin user! I could pretty say that paypal is also fast but lot of things to do unlike bitcoin it is very fast! faster than paypal! and low transactions fees. So i do prefer bitcoin
to me as i mostly use bitcoin there i will always like to chose bitcoin and not paypal, paypay is some time creating a lot of problems and therefore most of the people avoide to use paypal, and that is the reason that they give preference to bitcoin on paypal.
hero member
Activity: 1806
Merit: 672
January 03, 2017, 08:27:40 AM
I think for now because here in my country they are adding a vcc feature in our local wallet that we can connect with paypal right now we do not need to get the problem about choosing what is the best to use or if you deal to someone it is better to sell an account with connected vcc in paypal than dealing paypal to bitcoin or bitcoin to paypal.. because it is really risky because of charge back.. if they want a vcc that can convert their bitcoin they need to be here in philippines just to use the service of coins.ph.. or i hope that coins.ph also available in other country..
Yeah that is exactly one of the point here. There is no need for comparisons with Bitcoin and Paypal because they can work together. Many people think that Bitcoin is not good because local businesses don't accept it but is it the end of the line? Of course not we can always convert our Bitcoin to Fiat whenever we have a problem like that. And now we have virtual credit cards using our Bitcoin isn't that closer to the real thing? Why compare when we can choose both right?
hero member
Activity: 924
Merit: 1001
January 03, 2017, 08:21:29 AM
I think for now because here in my country they are adding a vcc feature in our local wallet that we can connect with paypal right now we do not need to get the problem about choosing what is the best to use or if you deal to someone it is better to sell an account with connected vcc in paypal than dealing paypal to bitcoin or bitcoin to paypal.. because it is really risky because of charge back.. if they want a vcc that can convert their bitcoin they need to be here in philippines just to use the service of coins.ph.. or i hope that coins.ph also available in other country..
legendary
Activity: 1596
Merit: 1011
January 03, 2017, 08:06:13 AM
bitcoin and paypal is different so i think i can not said what is better between bitcoin and paypal. but the benefit for bitcoin is we don't have to send any document and fill the data in our account. in paypal we have to complete our data and sending our details to them.
the requirement to register paypal course is much more difficult. bitcoin provides us the ease of opening a new address wallet.
This would be one of the most desirable advantages bitcoin of many people today.
hero member
Activity: 798
Merit: 505
January 03, 2017, 07:05:39 AM
bitcoin is above paypal
paypal is not familiar and very dificult to use
must verified, limit, dispute feature and another problem is can dificult to user
They are different because paypal complies with the law of the state while bitcoin is decentralized. What we can only say here is based on our own experience because if you will ask other online users who only uses paypal, they will tell you the opposite.

You are right! Upon choosing between of two and asking a person which is better then they are choosing what they've been using ever since! well as a paypal user and bitcoin user! I could pretty say that paypal is also fast but lot of things to do unlike bitcoin it is very fast! faster than paypal! and low transactions fees. So i do prefer bitcoin
hero member
Activity: 826
Merit: 501
January 03, 2017, 06:45:32 AM
bitcoin and paypal is different so i think i can not said what is better between bitcoin and paypal. but the benefit for bitcoin is we don't have to send any document and fill the data in our account. in paypal we have to complete our data and sending our details to them.
They are similar in the way that both PayPal and Bitcoin allow you to send money from point A to point B while each of them has advantages and disadvantages.

With PayPal you indeed need to verify yourself completely in order to make use of it, but for some reason the average joe type of people don't seem to mind it that much.

They see PayPal as a very secure plarform where they enjoy the feature of charging back in case they need to do so. That's an important aspect that keeps people making use of PayPal.
That portion of paypal keep it up the charging back the money you send if your transaction with someone become scam. So Paypal is the very best in terms of security but in trading I will go for Bitcoin because bitcoin price goes down and up. So it is good to invest to bitcoin and secure it in paypal if your not going to use or the bitcoin price will go down.
legendary
Activity: 1526
Merit: 1179
January 03, 2017, 06:33:19 AM
bitcoin and paypal is different so i think i can not said what is better between bitcoin and paypal. but the benefit for bitcoin is we don't have to send any document and fill the data in our account. in paypal we have to complete our data and sending our details to them.
They are similar in the way that both PayPal and Bitcoin allow you to send money from point A to point B while each of them has advantages and disadvantages.

With PayPal you indeed need to verify yourself completely in order to make use of it, but for some reason the average joe type of people don't seem to mind it that much.

They see PayPal as a very secure plarform where they enjoy the feature of charging back in case they need to do so. That's an important aspect that keeps people making use of PayPal.
member
Activity: 61
Merit: 10
January 03, 2017, 01:30:36 AM
Yes, Bitcoin is better than Paypal. If somebody uses paypal to buy something, he can claim the amount which he paid for it and he can use fraud paypal money to do payment but Bitcoin is not. Once you buy something and pay with bitcoin. Well, that's it. Bitcoin payment and withdrawal are very fast and easier than paypal money.
full member
Activity: 784
Merit: 115
January 03, 2017, 01:23:31 AM
bitcoin and paypal is different so i think i can not said what is better between bitcoin and paypal. but the benefit for bitcoin is we don't have to send any document and fill the data in our account. in paypal we have to complete our data and sending our details to them.
hero member
Activity: 2814
Merit: 576
January 03, 2017, 01:05:26 AM
bitcoin is above paypal
paypal is not familiar and very dificult to use
must verified, limit, dispute feature and another problem is can dificult to user
They are different because paypal complies with the law of the state while bitcoin is decentralized. What we can only say here is based on our own experience because if you will ask other online users who only uses paypal, they will tell you the opposite.
sr. member
Activity: 307
Merit: 250
January 02, 2017, 03:54:40 PM
bitcoin is above paypal
paypal is not familiar and very dificult to use
must verified, limit, dispute feature and another problem is can dificult to user
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