Is bitcoin better or paypal? - page 64.

morantis

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Quote from: magemist on October 12, 2016, 09:26:30 PM

Quote from: morantis on October 12, 2016, 07:29:10 PM

I have just been comparing the various digital cash systems. PayPal has the lock really. Other than serve, which is not really a payment system, PayPal is the only one that has a linked debit/cash card, meaning you can spend it right then. Stripe, square(both parts), skrill, all these require a 3 day wait for a bank transfer unless you pay it out through some other account. I love Bitcoin, but the digital guys need to catch up to PayPal. Plus, some nice intersection of all the types would be useful but near impossible. I have PP, you have Square Pay, with some website or app that allows for pretty smooth transfers from one to the other. Then the government can really shit about money laundering.

Coinbase has been in league with paypal for a couple of weeks now and it is only a matter of time before they integrate a system so they can both benefit from.
Because of all the charge backs that have been happening as a result of buying bitcoin with paypal funds, they finally notice that they are the ones who are on the losing end of the stick when it comes to dealing with bitcoin if they don't do something about it now before it gets worst for them.

hell yeah, they just went from one fee to two, the TX fee on the Bitcoins and the standard fee in PP. And I know that the site does not get TX fees, i meant a in-site fee that they charge themselves. get you coming in and get you coming out. i was amazed at a site i was using the other day needed a $10 minimum deposit in BTC, high but ok. I specifically moved, very late at night and tired, $10 in btc to another wallet as a staging spot. the next TX after the deposit was a specific amount too, and being tired i staged it all out. The first site was the kind that takes the fee from whatever amount you Send. so, needless to say, i tried to send like $9.98 and that was below the $10, so another twenty minutes of moving coins later and finally made it through the first part only to realize that my second internal TX on that site had a $10 minimum too, crooks. The deposit has grabbed another fee along the way, but i can't just deposit the short 20 cents, mope another $10.......you see how the night went, and waiting at every TX, lol.

Oilacris

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Quote from: richardsNY on October 12, 2016, 07:50:03 PM

Quote from: mammusu on October 12, 2016, 06:13:44 PM

I prefer to use bitcoin, I think that bitcoin is better than paypal
Bitcoin is no one cant control it and the best online payment.

It depends on how you look at it. If I look at my personal situation when buying things online within my country, then the fiat system is offering a very nice user-payment experience. If I purchase for example digital goods, then I pay for it through my banking, and I receive what I bought instantly. And all without any fees. In that regard there is no real advantage from Bitcoin over the payment experience I currently have with fiat.

Good thing that in your country you are experiencing good customer service. Here in my country if you are going to use paypal they are really slow in processing payments, they need to process it 2-3 days before a payment will be guaranteed and approved. Unlike bitcoin when I started using it, the transactions are being confirmed within a couple of minutes.

Same here in my country bro, paypal payments transactions do confirmed for how many days thats why its a little bit hassle for me anytime you want the money on a rush situation and thats the advantage of paypal and also to its transaction fee which is insane thats why when i knew bitcoin and used it regarding on this kind of money transfers i could really say that its too far away better than paypal.

magemist

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Quote from: morantis on October 12, 2016, 07:29:10 PM

I have just been comparing the various digital cash systems. PayPal has the lock really. Other than serve, which is not really a payment system, PayPal is the only one that has a linked debit/cash card, meaning you can spend it right then. Stripe, square(both parts), skrill, all these require a 3 day wait for a bank transfer unless you pay it out through some other account. I love Bitcoin, but the digital guys need to catch up to PayPal. Plus, some nice intersection of all the types would be useful but near impossible. I have PP, you have Square Pay, with some website or app that allows for pretty smooth transfers from one to the other. Then the government can really shit about money laundering.

Coinbase has been in league with paypal for a couple of weeks now and it is only a matter of time before they integrate a system so they can both benefit from.
Because of all the charge backs that have been happening as a result of buying bitcoin with paypal funds, they finally notice that they are the ones who are on the losing end of the stick when it comes to dealing with bitcoin if they don't do something about it now before it gets worst for them.

morantis

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Quote from: richardsNY on October 12, 2016, 07:50:03 PM

Quote from: mammusu on October 12, 2016, 06:13:44 PM

I prefer to use bitcoin, I think that bitcoin is better than paypal
Bitcoin is no one cant control it and the best online payment.

It depends on how you look at it. If I look at my personal situation when buying things online within my country, then the fiat system is offering a very nice user-payment experience. If I purchase for example digital goods, then I pay for it through my banking, and I receive what I bought instantly. And all without any fees. In that regard there is no real advantage from Bitcoin over the payment experience I currently have with fiat.

Good thing that in your country you are experiencing good customer service. Here in my country if you are going to use paypal they are really slow in processing payments, they need to process it 2-3 days before a payment will be guaranteed and approved. Unlike bitcoin when I started using it, the transactions are being confirmed within a couple of minutes.

worst purchase type ever, bitcoin or fiat, is a sorely needed VPS. you run into the need for another vps for business or whatever, ready to launch, hit any number of sites and pay and................wait...........wait.........pending. You cannot remember whether the site as far as whether it is a scam or they are just thinking about it. might take hours, might take days, might be instant!

richardsNY

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Quote from: mammusu on October 12, 2016, 06:13:44 PM

I prefer to use bitcoin, I think that bitcoin is better than paypal
Bitcoin is no one cant control it and the best online payment.

It depends on how you look at it. If I look at my personal situation when buying things online within my country, then the fiat system is offering a very nice user-payment experience. If I purchase for example digital goods, then I pay for it through my banking, and I receive what I bought instantly. And all without any fees. In that regard there is no real advantage from Bitcoin over the payment experience I currently have with fiat.

morantis

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I have just been comparing the various digital cash systems. PayPal has the lock really. Other than serve, which is not really a payment system, PayPal is the only one that has a linked debit/cash card, meaning you can spend it right then. Stripe, square(both parts), skrill, all these require a 3 day wait for a bank transfer unless you pay it out through some other account. I love Bitcoin, but the digital guys need to catch up to PayPal. Plus, some nice intersection of all the types would be useful but near impossible. I have PP, you have Square Pay, with some website or app that allows for pretty smooth transfers from one to the other. Then the government can really shit about money laundering.

StoreBit

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Quote from: Legasean on October 12, 2016, 10:07:11 AM

Quote from: 1Referee on December 21, 2015, 04:16:09 PM

PayPal is great for buyers with bad intentions. Beside that, using PayPal is like you are extorting yourself by paying high fees. It just doesn't make sense. Bitcoin is better in every aspect. With Bitcoin you as seller are also protected. No one can charge back on you.

If you want to make sure your money is save you should better use paypal; because paypal is many times better secured than the bitcoin ever will be
so when you use one pick the paypal.

no it is not so. bitcoin is too good from paypal, i have personal experience, paypal is banned in so many countries, its services is also restricted in some areas, they go not give service to some countries while is a universal currency and can be use any where.

mammusu

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I prefer to use bitcoin, I think that bitcoin is better than paypal
Bitcoin is no one cant control it and the best online payment.

ivanst776

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Paypal sounds more trusted than bitcoin in some cases but not always and until you see that your funds on your paypal account got stucked and they start asking you for different verification.

With bitcoin you have the freedom to make any payment and without limit on volume and in most cases nobody asks you for these payments(unless you use exchange wallets or thirdparty wallets).

Another reason that I prefer to use bitcoin before paypal is because of the fees that are much lower than paypal especially on high amounts.

PsursV

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Quote from: coynedterm on October 12, 2016, 07:20:47 AM

Quote from: SANALIU on October 12, 2016, 06:56:31 AM

iam prefered use bitcoin
because bitcoin is very easy use without verified, paypal must verified and dificlut in use
paypal high fee, bitcoin low fee
bitcoin can use investment with trading paypal can't trading can't investment

yeah , and also paypal is reversible and can deduct balance from account attached with it without notify . so bitcoin is many times better than paypal .

yes i also think so, as bitcoin is a universal currency and is acceptable every where, where as papal is not acceptable everywhere, as its service is also not present everywhere, as its service is retracted in some countries.

Legasean

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Quote from: 1Referee on December 21, 2015, 04:16:09 PM

PayPal is great for buyers with bad intentions. Beside that, using PayPal is like you are extorting yourself by paying high fees. It just doesn't make sense. Bitcoin is better in every aspect. With Bitcoin you as seller are also protected. No one can charge back on you.

If you want to make sure your money is save you should better use paypal; because paypal is many times better secured than the bitcoin ever will be
so when you use one pick the paypal.

rektDude

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Quote from: avw1982 on December 21, 2015, 07:18:25 AM

Quote from: btckold24 on December 21, 2015, 01:25:00 AM

paypal is ok if your using it for ebay cause i suppose it gives you protection from both sides (or is supposed to) bitcoin being non
reversable can also be a bad thing if your getting scammed.

I don’t worry about scamming. I know to protect myself from scam. I would wish to go with bitcoin only. First bitcoin price and paypal’s fiat price is have large difference. Bitcoin doesn’t have big transaction fee like paypal.So I ll go with bitcoin only.

You can better use paypal becuase there will come some times that the bitcoin is not worth it anymore the bitcoin will drop that low that other players can better use the paypal method.

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Quote from: Maslate on October 12, 2016, 08:21:55 AM

Bitcoin will dominate all the online currencies, companies are using bitcoin or accepting bitcoin already because they have seen that we as a community were growing so they find greater opportunity to make money from us.

To make money from us? What do you think of those companies will hold coins? lol.

They add bitcoin in their payment method because people are requesting for it. Keep in mind that a customer wants a multiple payment method options when dealing in an online merchant, so if ever a merchant or company will accept bitcoin as one of their payment method, then customers will stick to them.

Maslate

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Quote from: X-ray on October 12, 2016, 07:33:28 AM

Quote from: gokayc on October 12, 2016, 07:25:32 AM

If you are a seller than dont use Paypal but if you would like to purchase something then you can use Paypal. But in this case there is no much people use Bitcoin for payment so mostly you will have to use accept Paypal anyway. Just need to be careful.

most of company that running on virtual world such as those which selling hosting,domain,or even VPS are accepting bitcoin,so bitcoin could be quite useful for buying any virtual stuff except when it comes to offline world,bitcoin can't stand a chance to be your payment processor.

Bitcoin will dominate all the online currencies, companies are using bitcoin or accepting bitcoin already because they have seen that we as a community were growing so they find greater opportunity to make money from us.

X-ray

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Quote from: gokayc on October 12, 2016, 07:25:32 AM

If you are a seller than dont use Paypal but if you would like to purchase something then you can use Paypal. But in this case there is no much people use Bitcoin for payment so mostly you will have to use accept Paypal anyway. Just need to be careful.

most of company that running on virtual world such as those which selling hosting,domain,or even VPS are accepting bitcoin,so bitcoin could be quite useful for buying any virtual stuff except when it comes to offline world,bitcoin can't stand a chance to be your payment processor.

gokayc

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If you are a seller than dont use Paypal but if you would like to purchase something then you can use Paypal. But in this case there is no much people use Bitcoin for payment so mostly you will have to use accept Paypal anyway. Just need to be careful.

coynedterm

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Quote from: SANALIU on October 12, 2016, 06:56:31 AM

iam prefered use bitcoin
because bitcoin is very easy use without verified, paypal must verified and dificlut in use
paypal high fee, bitcoin low fee
bitcoin can use investment with trading paypal can't trading can't investment

yeah , and also paypal is reversible and can deduct balance from account attached with it without notify . so bitcoin is many times better than paypal .

SANALIU

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iam prefered use bitcoin
because bitcoin is very easy use without verified, paypal must verified and dificlut in use
paypal high fee, bitcoin low fee
bitcoin can use investment with trading paypal can't trading can't investment

arwin100

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Quote from: Legasean on October 12, 2016, 03:46:33 AM

Quote from: sadyas on December 23, 2015, 08:31:24 AM

Quote from: btcdevil on December 22, 2015, 10:05:33 PM

100% bitcoin is much better than paypal,

In paypal you have to disclose all you identitys and you have to give your identity proofs , in paypal transaction reverse is very famous to scam. and i personally saw paypal and the procedure of it is very bad. and their charges also heavy.

In bitcoin you dont have to disclose your identitys , you can just create a hardware or online web wallet and give your wallet address where ever you want to receive or pay the bitcoins. the transaction charges are also less. and more it is irreversible, and about converting to fiat currency their are so many exchanges where you can convert it one is like localbitcoins.com which is having so many user who are ready to buy or sell and do transaction through bank transfer.

But you have more protection using Paypal. You can reverse a payment if you are scammed by somebody else.

I dnt think you can say than bitcoins are better or paypal is better you can use them both becuase they can both been used for other things so i would use bitcoins as investment and paying online with the paypal.

That's his thoughs regarding for those two processors since not all people using paypal aswell as not all people using bitcoin and it matters that bitcoin doesn't accepted by those big stores for now and that is the big + for paypal since i think it has a lot of user since they can use it for shopping online, so thats why i think really that it is not good for comparing those two since they are both great processor, but the big - for paypal for me is huge transaction fee.

phreaky

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Paypal included with many scam attempts but Bitcoins are not like that, I prefer bitcoin, it is easy to use bitcoin bitcoin is very convenient especially if used as a trading tool, in contrast with paypal transaction requires a fairly long time and is very difficult to verify his account...

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