Is bitcoin better or paypal? - page 49.

dmamigo

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Quote from: Jasad on December 27, 2016, 07:52:16 AM

Quote from: iram3130 on December 27, 2016, 04:24:29 AM

In many ways, Yes it is. Way better than Paypal. The main advantage is that Bitcoin is not a company as Paypal is. Paypal does whatever it wants, takes a lot of fees, chargeback process is hectic and service is pathetic. Angry

but then why a lot of merchants adopt paypal rather than bitcoin?
okay it is just the matte of time that paypal older than bitcoin ,
but can you see a good thing happened in bitcoin development recently?
i don't think so , there is a very slow development for merchants to accept bitcoin, how can you say bitcoin better than paypal now?

Paypal might charges fees and have some issues, but for general payment and buying goods/services online, Paypal is much better than Bitcoin.
Moreover it might not happen but there is a chance of devaluation of your Bitcoin. So its a risk for general purpose.

Now Bitcoin also has some awesome features, it might has slow development, but the users are also less, it will take time to be smooth I believe.

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I see big difference between PayPal and Bitcoin, these are two different thing. PayPal is online money service and Bitcoin is virtual currency. PayPal enables you to make payments without direct contact or to give you credit card data and you have some kind of legal protection.
One day if PayPal starts to accept Bitcoin you could use Bitcoin and PayPal at the same time.

althea123

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it depends on the user as well as the country you are at..first in the country because other countries cannot use bitcoin or you can not withdraw using bitcoin while paypal is worldwide where you can send and withdraw..and the use od currency in paypal is easily convertibel..regarding on the user because bitcoin is on trend today there are many sites who offer investment using bitcoin and its economy is rising..but egarding on being safe for transaction paypal is recommended because said by the members it is safe because you are not anonymous because of the verification of paypal on the othe hand bitcoin is pure anonimous because you can easily get a bitcoin account without verifying it..so becareful in transacting bitcoins on person who dont know well...
so in summary bitcoin and paypal is different. There are advantages of paypal as well as bitcoin..it only depends on the user what to use and regarding on he situation you are at..so be safe in using in these account and dont give your password to anyone

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Quote from: Jasad on December 27, 2016, 07:52:16 AM

Quote from: iram3130 on December 27, 2016, 04:24:29 AM

In many ways, Yes it is. Way better than Paypal. The main advantage is that Bitcoin is not a company as Paypal is. Paypal does whatever it wants, takes a lot of fees, chargeback process is hectic and service is pathetic. Angry

but then why a lot of merchants adopt paypal rather than bitcoin?
okay it is just the matte of time that paypal older than bitcoin ,
but can you see a good thing happened in bitcoin development recently?
i don't think so , there is a very slow development for merchants to accept bitcoin, how can you say bitcoin better than paypal now?

Simply because paypal is govern by the law and regulation and users feel comfortable with transaction where government are supporting, in bitcoin some of the transactions we can make are a shady one, we can use bitcoin in gambling and it's also rampant in the dark web for illegal transactions like selling of drugs.

A legitimate businessmen is at fear on the weak side of bitcoin as they do not want their business to be compromise in the future.

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Quote from: iram3130 on December 27, 2016, 04:24:29 AM

In many ways, Yes it is. Way better than Paypal. The main advantage is that Bitcoin is not a company as Paypal is. Paypal does whatever it wants, takes a lot of fees, chargeback process is hectic and service is pathetic. Angry

but then why a lot of merchants adopt paypal rather than bitcoin?
okay it is just the matte of time that paypal older than bitcoin ,
but can you see a good thing happened in bitcoin development recently?
i don't think so , there is a very slow development for merchants to accept bitcoin, how can you say bitcoin better than paypal now?

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In many ways, Yes it is. Way better than Paypal. The main advantage is that Bitcoin is not a company as Paypal is. Paypal does whatever it wants, takes a lot of fees, chargeback process is hectic and service is pathetic. Angry

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Quote from: goldcoinminer on November 04, 2016, 01:21:40 AM

Quote from: brutosBTC on November 03, 2016, 11:11:22 PM

Yes it is true that the best option for buyers is the paypal because they can refund the money if they do not received the product that they asked for but
in terms of fast transaction of money I guess the best one is the bitcoin but it needs an escrow for they can trust you that much.

When you buy online paypal is way better since they are legitimate company, but if you are gambling and transacting on illegal activities no question bitcoin fits on your needs. Bitcoin is very popular for gambler because they have all the freedom to gamble in different sites without restriction.

i agree with you that bitcoin is really fit on our needs and we can easily use bitcoin for gambling and bitcoin are getting more popularity and more people are adopting bitcoins in huge amount and i think that bitcoin transaction is much more easy than other transaction.

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Quote from: irsykes on November 09, 2016, 02:33:32 AM

i think paypal only win with some merchant that accept it but bitcoin only need time to do it too , si i choose bitcoin because overall bitcoin still better than paypal

yes i am agree with you, to me bitcoin is too good than paypal. i personally never use paypal. i think bitcoin is enough for me for every kind of transaction or investment, i never feel for any other source.

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Quote from: irsykes on November 09, 2016, 02:33:32 AM

i think paypal only win with some merchant that accept it but bitcoin only need time to do it too , si i choose bitcoin because overall bitcoin still better than paypal

That's good, we should choose bitcoin because we are here and we must promote bitcoin to make it as the most popular crypto currency online. I believe the price that we are seeing now is not yet the biggest, it will continue to rise if we continue to believe, the more people believe in bitcoins the more it will be progressive.

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i think paypal only win with some merchant that accept it but bitcoin only need time to do it too , si i choose bitcoin because overall bitcoin still better than paypal

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Quote from: Oceriw on November 08, 2016, 01:01:34 PM

I think that the bitcoin is on this moment better but that PayPal is more used because its just more popular, maybe in the future this will change, with the bitcoin there can be done a lot more too.

may be in some area the use of paypal is more that bitcoin, but to me i think paypal is regional and not universal, while bitcoin is universal currency, paypal service is not available every were and is also banned in some area, where as bitcoin is not banned any where.

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Quote from: nikrobi on November 08, 2016, 12:14:00 PM

Quote from: BitHodler on November 08, 2016, 09:03:08 AM

Quote from: junder on November 08, 2016, 05:42:44 AM

I just wanna say that Bitcoin is the best than paypal.
Bitcoin is anonymous and low transaction
No need require verification to use it.

Bitcoin is semi-anonymous. PayPal was never meant to be anonymous, so in that aspect, saying that Bitcoin is better than PayPal just because you think it's anonymous, doesn't really make sense.

PayPal's intention was to create a payment platform where people can transact with each other in a safe environment, where buyers even have the protection of performing a charge back in case they need it.

Whether or not we as Bitcoiners like PayPal is a different thing, but the average Joe is using PayPal on a massive scale. That's something you have to take in mind.

And yes, I can agree that PayPal's fee structure is on the higher side, especially when it comes to the sellers, but still, regular users and merchants keep using it.

In that aspect, PayPal doesn't seem to let them down when it comes to functioning as payment platform. People have enough choice. If they want, they can ditch PayPal, but they aren't doing that.

Both are useful services, but I prefer Bitcoins, because it's anonymous. I don't like to give my personal informations on the internet. Bitcoin allow me to use a currency without showing my identity.
Bitcoin transactions are cheaper and easier to do, many persos are looking for this.

I think they are not many using bitcoin they are just few users of bitcoin who are gamble their money and doing for illegal activities and other people here are interested for bitcoin because of bitcoin has value and we are here because of bitcoin they are choosen bitcoin because of the anonymity. and your money can not be trace by someone .. .. the good benefits in paypal its trusted payment proccessor since they have a reverse payment..

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I think that the bitcoin is on this moment better but that PayPal is more used because its just more popular, maybe in the future this will change, with the bitcoin there can be done a lot more too.

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Quote from: BitHodler on November 08, 2016, 09:03:08 AM

Quote from: junder on November 08, 2016, 05:42:44 AM

I just wanna say that Bitcoin is the best than paypal.
Bitcoin is anonymous and low transaction
No need require verification to use it.

Bitcoin is semi-anonymous. PayPal was never meant to be anonymous, so in that aspect, saying that Bitcoin is better than PayPal just because you think it's anonymous, doesn't really make sense.

PayPal's intention was to create a payment platform where people can transact with each other in a safe environment, where buyers even have the protection of performing a charge back in case they need it.

Whether or not we as Bitcoiners like PayPal is a different thing, but the average Joe is using PayPal on a massive scale. That's something you have to take in mind.

And yes, I can agree that PayPal's fee structure is on the higher side, especially when it comes to the sellers, but still, regular users and merchants keep using it.

In that aspect, PayPal doesn't seem to let them down when it comes to functioning as payment platform. People have enough choice. If they want, they can ditch PayPal, but they aren't doing that.

Both are useful services, but I prefer Bitcoins, because it's anonymous. I don't like to give my personal informations on the internet. Bitcoin allow me to use a currency without showing my identity.
Bitcoin transactions are cheaper and easier to do, many persos are looking for this.

BitHodler

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Quote from: junder on November 08, 2016, 05:42:44 AM

I just wanna say that Bitcoin is the best than paypal.
Bitcoin is anonymous and low transaction
No need require verification to use it.

Bitcoin is semi-anonymous. PayPal was never meant to be anonymous, so in that aspect, saying that Bitcoin is better than PayPal just because you think it's anonymous, doesn't really make sense.

PayPal's intention was to create a payment platform where people can transact with each other in a safe environment, where buyers even have the protection of performing a charge back in case they need it.

Whether or not we as Bitcoiners like PayPal is a different thing, but the average Joe is using PayPal on a massive scale. That's something you have to take in mind.

And yes, I can agree that PayPal's fee structure is on the higher side, especially when it comes to the sellers, but still, regular users and merchants keep using it.

In that aspect, PayPal doesn't seem to let them down when it comes to functioning as payment platform. People have enough choice. If they want, they can ditch PayPal, but they aren't doing that.

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Quote from: freedomgo on November 08, 2016, 08:11:51 AM

Quote from: diegz on November 08, 2016, 06:24:28 AM

Quote from: junder on November 08, 2016, 05:42:44 AM

I just wanna say that Bitcoin is the best than paypal.
Bitcoin is anonymous and low transaction
No need require verification to use it.

It's not anonymous, just close to it. But anyway, I think paypal is good too in some transaction, online shops won't accept it if it is not good, so I think there is an advantage of using paypal too in online transactions. But bitcoin is good when it comes to transaction fee, its low and there is no way that the one who send it could make that transaction return. So it is good in part of the merchant.

Paypal is legitimate means regulated by the government, while bitcoin is anonymous so it's just right that a legitimate business will ensure that they are also transacting with a legitimate business. That is to protect their clients and their business on the possible future law suit.

The Paypay can also use the bitcoin if the bitcoin becomes more popular. It is not worth their effort now.

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Quote from: diegz on November 08, 2016, 06:24:28 AM

Quote from: junder on November 08, 2016, 05:42:44 AM

I just wanna say that Bitcoin is the best than paypal.
Bitcoin is anonymous and low transaction
No need require verification to use it.

It's not anonymous, just close to it. But anyway, I think paypal is good too in some transaction, online shops won't accept it if it is not good, so I think there is an advantage of using paypal too in online transactions. But bitcoin is good when it comes to transaction fee, its low and there is no way that the one who send it could make that transaction return. So it is good in part of the merchant.

Paypal is legitimate means regulated by the government, while bitcoin is anonymous so it's just right that a legitimate business will ensure that they are also transacting with a legitimate business. That is to protect their clients and their business on the possible future law suit.

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Quote from: junder on November 08, 2016, 05:42:44 AM

I just wanna say that Bitcoin is the best than paypal.
Bitcoin is anonymous and low transaction
No need require verification to use it.

It's not anonymous, just close to it. But anyway, I think paypal is good too in some transaction, online shops won't accept it if it is not good, so I think there is an advantage of using paypal too in online transactions. But bitcoin is good when it comes to transaction fee, its low and there is no way that the one who send it could make that transaction return. So it is good in part of the merchant.

junder

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I just wanna say that Bitcoin is the best than paypal.
Bitcoin is anonymous and low transaction
No need require verification to use it.

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Quote from: MinerHQ on November 08, 2016, 02:42:13 AM

Quote from: ?? on ??

Quote from: MinerHQ on November 06, 2016, 09:50:47 PM

Quote from: Ewinsane on November 06, 2016, 06:24:33 PM

Quote from: rachana031 on November 04, 2016, 04:58:59 AM

Bitcoin is much profitable than paypal

and i think that bitcoin has a possibility to be the worlwide currency

i agree with you that bitcoin is much more profitable than paypal and you are right that bitcoin is worldwide currency and bitcoin is available in everywhere for online shopping so i also recommend that bitcoin is good than paypal.

It all depends on your needs. If you want a good investment option, then Bitcoins are much better than Paypal. But if you're looking to buy something online from some unknown person then I recommend to use Paypal because they protect you from any scams. If you use Bitcoins to buy from an unknown person, then they may scam you and may not return your money as well. So both of them got advantages and disadvantages, and I use both for different purposes.

We can't remove that fact that a lot of stores are more relying into the usage of paypal for the payments. Because they are still not able to adopt bitcoins, but if we are just looking into the future and all stores are already done in adoption of bitcoin then for sure paypal will adopt it also. You are right, it depends on how you are going to use and need them.

Even though many stores starts accepting bitcoins but as a buyer If I don't know that store or first time visiting the site then as a buyer I will not use bitcoins because don't know whether they will ship the items or not. In that case, I still go with Paypal. Off course If the site is reputed then no problem in using bitcoins like I am already using bitcoins to buy gigs in Fiverr.

The truth is stores will not accept bitcoin if they do not have the right study that buyers will make their business profitable. That is how you make a feasibility study once you are in business. It's always considered to study the need first before putting a business.

Adoption rate will increase in the future.

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