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Topic: Is bitcoin better or paypal? - page 55. (Read 281245 times)

hero member
Activity: 840
Merit: 502
October 25, 2016, 02:27:47 PM
Paypal is bit old payment system and more popular than bitcoin i think across the world,but in my opinion bitcoin is much better than paypal because of its various features.Very less transaction fees,transaction in minutes and anonymous,thats why i prefer bitcoins.
What I like the most of bitcoin compared to PayPal is that you will always have access to your funds; PayPal will try to freeze your account for even the smallest details.
That is right paypal also freezed some of my dollars when I change some info on my profile at my account that was really headache for me. But those people who keep their bitcoin in online wallets can also face the problem of freeze funds by the online wallets.
And this is why a bitcoin bank or something similar is completely undesirable in bitcoin since you lose almost every single advantage granted by bitcoin.
legendary
Activity: 1526
Merit: 1179
October 25, 2016, 12:11:09 PM
I don't think that bitcoin is better than paypal as you can see paypal are more appropriate with more online payment shop store and it can use world wide buy selling and buying items from online store , Maybe soon if bitcoin are going to be accepted on online stores maybe bitcoin will be the best payment option.
Bitcoin is already the far better payment solution compared to PayPal.

The fact that PayPal enjoys more acceptance throughout the world doesn't change anything in that regard.

If you ask people what the main reason is they use PayPal for, then they will answer you with that PayPal supports charge backs, and that's it.
What seriously ? How cam that bitcoin already far better payment is there any site now or are there any big site's not that accepting bitcoin as payment? I don't think so for me paypal is no.1 Payment method that use people but if bitcoin will be accepted in those bignames in online shop then Yes maybe bitcoin will be too far better than any payment in internet.
Bitcoin as currency can deliver people a far better payment solution compared to PayPal.

That the acceptance of Bitcoin is lacking is either the fact that the far majority of the merchants don't know what Bitcoin is as they haven't heard of it before, or they have a wrong understanding of what Bitcoin is.

It's a matter of time before merchants realize that offering Bitcoin as a payment option is a must.

They are dumb for not accepting it right now as it would allow them to potentially generate extra revenue.
legendary
Activity: 1596
Merit: 1011
October 25, 2016, 10:19:29 AM
bitcoin still the best
you hold balance bitcoin you can potential grow your money
you hold balance paypal is nothing grow
that's actually right but don't get wrong with people who using paypal service,paypal is offering an easy way to purchase goods while bitcoin is a currency,actually can't compare both if it is about investing because paypal and bitcoin are definitely different thing
paypal and bitcoin for me is the same. both can be used as a means of payment. bitcoin has a digital system, and also to have paypal digital system anyway. different, paypal has been formally recognized by various institutions in the world. while bitcoin is heading to these developments.
legendary
Activity: 1414
Merit: 1002
= jasad =
October 25, 2016, 08:55:28 AM
I dont think that you can say the one is better than the other because i know for srue that no one is better than the other one becuase lots of peopel are not gettign what they want to the bitcoin and also not with the paypal.
of course you can , each bitcoin and paypal have plus and minus ,
all you need are to campare both and pick which one better based on most people opinions ,
as for now people still prefer to use paypal ,
because several factors like less place to spend bitcoin while paypal have more places.
hero member
Activity: 952
Merit: 500
October 25, 2016, 08:19:57 AM
bitcoin still the best
you hold balance bitcoin you can potential grow your money
you hold balance paypal is nothing grow
that's actually right but don't get wrong with people who using paypal service,paypal is offering an easy way to purchase goods while bitcoin is a currency,actually can't compare both if it is about investing because paypal and bitcoin are definitely different thing
They have their own advantage but do you think most of the people here are interested in purchasing goods only, I think that is only beneficial to you if you have an online business but if not bitcoin is still the best for us.
hero member
Activity: 2996
Merit: 524
Leading Crypto Sports Betting & Casino Platform
October 25, 2016, 07:49:15 AM
bitcoin still the best
you hold balance bitcoin you can potential grow your money
you hold balance paypal is nothing grow
that's actually right but don't get wrong with people who using paypal service,paypal is offering an easy way to purchase goods while bitcoin is a currency,actually can't compare both if it is about investing because paypal and bitcoin are definitely different thing
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
October 25, 2016, 07:42:15 AM
I don't think that bitcoin is better than paypal as you can see paypal are more appropriate with more online payment shop store and it can use world wide buy selling and buying items from online store , Maybe soon if bitcoin are going to be accepted on online stores maybe bitcoin will be the best payment option.
Bitcoin is already the far better payment solution compared to PayPal.

The fact that PayPal enjoys more acceptance throughout the world doesn't change anything in that regard.

If you ask people what the main reason is they use PayPal for, then they will answer you with that PayPal supports charge backs, and that's it.
What seriously ? How cam that bitcoin already far better payment is there any site now or are there any big site's not that accepting bitcoin as payment? I don't think so for me paypal is no.1 Payment method that use people but if bitcoin will be accepted in those bignames in online shop then Yes maybe bitcoin will be too far better than any payment in internet.
legendary
Activity: 1526
Merit: 1179
October 25, 2016, 07:35:42 AM
bitcoin still the best
you hold balance bitcoin you can potential grow your money
you hold balance paypal is nothing grow
It's indeed correct that with Bitcoin you can see your wealth grow, but comparing PayPal with Bitcoin in that regard isn't the right thing to do since PayPal is only a payment service.

People are using PayPal to complete purchases in online web shops, regular stores, peer to peer transactions, receiving money from certain jobs, and the list goes on.

Its main purpose is only to function as a platform to make it easy for people to transact with each other with security in form of buyer protection and such.
member
Activity: 98
Merit: 10
October 25, 2016, 06:35:10 AM
bitcoin still the best
you hold balance bitcoin you can potential grow your money
you hold balance paypal is nothing grow
hero member
Activity: 1148
Merit: 504
October 25, 2016, 06:24:51 AM
I do understand about the transaction fee is less in bitcoins but you miss the very important thing that is safty. If your dealing with a unknow person online then your main priority should be safty of our funds instead of worrying on small fee so when I deal with unknow people then I use paypal to pay them. Bitcoins are very safe but you always need to go through escorw to deal with unknow people.

That is the disadvantage of bitcoin, it is fast and less fee but you need to have an escrow to protect buyers. But if I have to chose between safe but will freeze your account (paypal) and fast, less fees but little bit risky (bitcoin), i'll choose bitcoin all the time.
Bitcoin should always be the best because the way paypal handles customers is very pathetic, you will have your money in the account but wake the next and find out that paypa has freezed your account which means yor money is gone forevwer or it might take you very ong time to recover it. Thats why I do not like paypal.

Right, paypal also holds your money  in your account if you are a new user or have not received a certain amount of dollars before. That is just not fair for new users. I know paypal just want to protect buyers but I think it is just not fair. So, it is better to  use bitcoin because funds are not being withheld from the user.
hero member
Activity: 546
Merit: 500
October 25, 2016, 05:14:05 AM
I prefer bitcoin above all currency's because I think its much safer, not a lot phishing websites and also the fact that you cannot get robbed.
Plus its also that the bitcoin is a real currency, paypal is not a real currency its more a pay method that you can use.
sr. member
Activity: 350
Merit: 250
October 25, 2016, 04:08:20 AM
I dont think that you can say the one is better than the other because i know for srue that no one is better than the other one becuase lots of peopel are not gettign what they want to the bitcoin and also not with the paypal.
hero member
Activity: 1148
Merit: 528
October 25, 2016, 03:52:33 AM
I do understand about the transaction fee is less in bitcoins but you miss the very important thing that is safty. If your dealing with a unknow person online then your main priority should be safty of our funds instead of worrying on small fee so when I deal with unknow people then I use paypal to pay them. Bitcoins are very safe but you always need to go through escorw to deal with unknow people.

That is the disadvantage of bitcoin, it is fast and less fee but you need to have an escrow to protect buyers. But if I have to chose between safe but will freeze your account (paypal) and fast, less fees but little bit risky (bitcoin), i'll choose bitcoin all the time.
Bitcoin should always be the best because the way paypal handles customers is very pathetic, you will have your money in the account but wake the next and find out that paypa has freezed your account which means yor money is gone forevwer or it might take you very ong time to recover it. Thats why I do not like paypal.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
October 25, 2016, 03:48:25 AM
Paypal is hassle to others because of security measures it's giving to their users and its just fine.

Bitcoin is easy to use because no security measures are given here.

Therefore, both are useful depends on the person's need.

Like here in my location, withdrawing cash is easy with bitcoin here so I will choose bitcoin. I don't have bank account that's why I can't use Paypal for withdrawing cash.
I ddont think that the bitcoin is better than the paypal instead i think that the paypal is many times secured thatn the bitcoin becuase i like to pay online with
the paypal and not witbh the bitcoion.
In your own experience you will say that paypal is better than bitcoin but we are in the crypto world here so definitely most of us here if not all are bitcoins users and all I can say they are both good but bitcoin is way better than paypal, it is good to be anonymous online so we can protect our real identity.
sr. member
Activity: 244
Merit: 250
October 25, 2016, 03:44:33 AM
Paypal is hassle to others because of security measures it's giving to their users and its just fine.

Bitcoin is easy to use because no security measures are given here.

Therefore, both are useful depends on the person's need.

Like here in my location, withdrawing cash is easy with bitcoin here so I will choose bitcoin. I don't have bank account that's why I can't use Paypal for withdrawing cash.
I ddont think that the bitcoin is better than the paypal instead i think that the paypal is many times secured thatn the bitcoin becuase i like to pay online with
the paypal and not witbh the bitcoion.
hero member
Activity: 868
Merit: 535
October 24, 2016, 10:53:00 PM
With paypal you have buyers and seller protection, with bitcoin you dont,

Both have there pros and cons, imo both are great for accepting payments
newbie
Activity: 19
Merit: 0
October 24, 2016, 01:56:32 PM
PayPal is good only for buyers. If you sell anything, PayPal sucks. You lose your disputes even if you sell 100% quality. Many unfairness are there. So is you would like to sell anything use BTC.
legendary
Activity: 1526
Merit: 1179
October 24, 2016, 01:39:02 PM
Paypal did a great job preserving the trust of their users so it is not a question anymore. But regarding to a newlt version of it which is faster and more affordable then I will go with bitcoin.
I honestly find it quite worrying that people put trust in a payment service that is so rude and hostile towards it's customers.

Always when they put someone's funds on hold they hide themselves behind their policy that (they say) you have violated, which is mostly not the case.

I don't know whether it's because they are forced to do so by the government, or that they just want to research and look for the possible source of your money themselves.

Either way, I am glad I don't make use of their service anymore. Bitcoin is more than enough for me.

hero member
Activity: 1148
Merit: 504
October 24, 2016, 12:03:01 PM
I think bitcoin is better.I don't use paypal.
i agree with you that bitcoin is much more better because bitcoin is available in everywhere in the world for shopping and a lot of people are using bitcoin because transaction is very faster and secure and bitcoin transaction fees is very much lower.
I also agree because I have dream to buy few things and this was not possible because paypal is not available here in our country now just because of this bitcoin its possible for me to buy many things and its reaching to me very quickly without any problem
Yeah you are right that paypal is not acceptable in everywhere in some countries and bitcoin is really acceptable in everywhere and i also do not paypal because fees is very much higher and bitcoin is very useful nowadays.
so you're actually having opinion that paypal which is now well known amongst online store and being primary payment method aren't available everywhere whilst online stores which accept this payment method are far much more than the online stores which accepting bitcoin
Maybe he does not have a real paypal account, I know paypal was one of the popular payment processor online because most of the freelancers online are required to use paypal, just now that when bitcoin is getting popular, some employer are shifting to bitcoin since they can save for the fees.

That is what I thought too, he does not experienced using paypal at all. Paypal does not allow payment to some countries but it allows payment to almost every country in the world. The advantage of bitcoin over paypal is that it can process payment anywhere in tbe world, with very few fees. And the payment takes only a few minutes. Unlike in paypal, it takes a few days to withdraw your funds. In bitcoin, you get your bitcoin to fiat almost instantly.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
October 24, 2016, 10:25:31 AM
Paypal did a great job preserving the trust of their users so it is not a question anymore. But regarding to a newlt version of it which is faster and more affordable then I will go with bitcoin.
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