Is bitcoin better or paypal? - page 65.

Legasean

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Quote from: sadyas on December 23, 2015, 07:31:24 AM

Quote from: btcdevil on December 22, 2015, 09:05:33 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.

rektDude

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Quote from: btcdevil on December 22, 2015, 09:05:33 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.

I dont think that you can say the one is better than the otherone i think that you have to choose between the two things where to use it for
you know that they can both been used for all kind of things.

1Referee

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Quote from: TastyChillySauce00 on October 11, 2016, 05:34:50 AM

Quote from: 1Referee on October 11, 2016, 03:18:18 AM

Quote from: BitHodler on October 11, 2016, 02:23:38 AM

Quote from: Docnaster on October 10, 2016, 10:42:15 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.

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.

This chargeback feature that buyers may love, is an absolute nightmare feature for sellers. People selling stuff outside Ebay should at all times have also Bitcoin as optional payment method. Everything that you receive in Bitcoin, is full yours. Sellers will never be cheated on with chargebacks with Bitcoin.

you must've forgot about double spend in bitcoin even though people are rarely using it but it could be used to trick us but it can be resolved by waiting the confirmation until it confirmed,and also beware if you're dealing with people who always setting up zero fees for every transaction,the transaction probably will be rejected by the network and the funds comeback to the sender

I didn't forget about double spend attempts. I am doing quite a lot business through Bitcoin, and I always wait for at least one confirmation before I send out what people have bought. It's that simple. I'm not a newbie here. Don't act smart.

The_Dark_Knight

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Quote from: BitHodler on October 07, 2016, 05:57:08 PM

Quote from: X-ray on October 07, 2016, 05:29:23 PM

Quote from: Adaleon on October 07, 2016, 04:54:17 PM

They are both good but I honestly must say that I do not even think that you can compare them to each other due to the fact that they both are doing something else.
Paypal will maybe even accept the bitcoin soon or later!

definitely right,paypal is a service based in USA having office , a company,and many employees while bitcoin is only currency that running with decentralized system and being supported by its community,definitely a different thing but people are comparing it from the side of fees and anything else that can be compared so it's not about which service they offer,but about the benefits of using both

The only benefit (according to people) PayPal has compared to Bitcoin, is that PayPal offers their customers buyer protection.

And yes, I can see the benefits of this feature, but it's a horrible thing for sellers as people can cheat on sellers by charging back their money after receiving the product.

That's a nasty downside of PayPal's loved buyer protection feature. They should also do something to protect sellers.

That does not seem like an advantage to me in my opinion is a tremendous disadvantage if compare it to bitcoin, the only thing in favor of PayPal is adoption, PayPal has done such a good job there that you can buy stuff in real stores with PayPal and no one says anything about it, I hope that we reach that level of adoption with bitcoin someday.

ArdiPrabowo

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Quote from: Jeraerid on October 10, 2016, 05:02:10 AM

Personally I like Bitcoin more and the reason is because as you can see now you see also that Bitcoin is getting more popular and that is quite nice for the currency itself.
But you never know only what is going to happen with the value and that is the only problem.

bitcoin is good investment because value in fluctuatif not stable value
is stable value bitcoin can't trading only payment procesor same with paypal not diference
so is good bitcoin price always fluctuatif not stable price

freedomgo

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Quote from: Zadicar on October 11, 2016, 05:43:39 AM

Quote from: praprata on October 11, 2016, 03:40:27 AM

Loving them both but I think the bitcoin is better because you can control the bitcoin by yourself and you never will have any issues with the bitcoin anytime, with paypal there are all kind of problems sometimes your account will get limited.
Paypal is sometimes very annoying the good thin about it is that you can simply charge back money.

Charge back money on paypal would have advantage and disadvantages because it could be used on scamming someone. You are right we have full control on our bitcoins which is very good and paypal is somehow strict regarding on transactions and on identifying your account and also do have huge transaction fees,

If scam protection is the only advantage of Paypal then I would say that is not good enough to make their people loyal to their service, we have bitcoin and we can use the escrow system from a company or someone that can be trusted so there is no big advantage if they have one.

Zadicar

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Quote from: praprata on October 11, 2016, 03:40:27 AM

Loving them both but I think the bitcoin is better because you can control the bitcoin by yourself and you never will have any issues with the bitcoin anytime, with paypal there are all kind of problems sometimes your account will get limited.
Paypal is sometimes very annoying the good thin about it is that you can simply charge back money.

Charge back money on paypal would have advantage and disadvantages because it could be used on scamming someone. You are right we have full control on our bitcoins which is very good and paypal is somehow strict regarding on transactions and on identifying your account and also do have huge transaction fees,

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Quote from: 1Referee on October 11, 2016, 03:18:18 AM

Quote from: BitHodler on October 11, 2016, 02:23:38 AM

Quote from: Docnaster on October 10, 2016, 10:42:15 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.

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.

This chargeback feature that buyers may love, is an absolute nightmare feature for sellers. People selling stuff outside Ebay should at all times have also Bitcoin as optional payment method. Everything that you receive in Bitcoin, is full yours. Sellers will never be cheated on with chargebacks with Bitcoin.

you must've forgot about double spend in bitcoin even though people are rarely using it but it could be used to trick us but it can be resolved by waiting the confirmation until it confirmed,and also beware if you're dealing with people who always setting up zero fees for every transaction,the transaction probably will be rejected by the network and the funds comeback to the sender

praprata

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Loving them both but I think the bitcoin is better because you can control the bitcoin by yourself and you never will have any issues with the bitcoin anytime, with paypal there are all kind of problems sometimes your account will get limited.
Paypal is sometimes very annoying the good thin about it is that you can simply charge back money.

1Referee

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Quote from: BitHodler on October 11, 2016, 02:23:38 AM

Quote from: Docnaster on October 10, 2016, 10:42:15 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.

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.

This chargeback feature that buyers may love, is an absolute nightmare feature for sellers. People selling stuff outside Ebay should at all times have also Bitcoin as optional payment method. Everything that you receive in Bitcoin, is full yours. Sellers will never be cheated on with chargebacks with Bitcoin.

Legasean

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Quote from: happybitcoinph on December 21, 2015, 08:16:12 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.

You cant say that one is better than the other becuase they can both be used for othe rthings you knwo some things can be done by the same but i dont think both are bad
they can both be used for good

phreaky

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In my opinion bitcoin is way better than paypal is. Paypal does different things but bitcoin just works easier cheaper and faster.
The only thing that bitcoin has to improve is that we can pay in more places, then bitcoin really beats paypal on every subject.

BitHodler

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Quote from: Docnaster on October 10, 2016, 10:42:15 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.

Docnaster

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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.

Friladon

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Quote from: btcdevil on December 22, 2015, 09:05:33 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.

If you are a true potential bitcoin user you must know that there is no such as better to use you know paypal is good for online payments bitcoins also but whwat you have to do with the
bitcoin is not paying online you need to invest with it or atleast buy things with it.

Drelav

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Quote from: OmegaStarScream on December 20, 2015, 10:29:08 AM

Yes Paypal is crappy , Paypal will sooner or later ask you to provide information's to confirm your identity if you receive big amounts of cash or from suspicious accounts , and they can limit your account and you lose your money even if you did nothing .
Bitcoin don't need ID,Passport , don't need a specific age , can't get limited and you can receive how much you want and also you won't get your balance chargebacked by the sender , fees are much lower and much more ... Bottom line ? Bitcoin > Paypal .

Now if you are selling your BTC for Paypal , you may want to be caution because you can get scammed so make sure to trade with someone trusted and note that using a Middleman won't really change anything because the other party can still chargeback so it's not really recommended to accept payments on Paypal .

Both can be good off course becuase i know for sure that lots of peopel are using them both you know lots of peopel are getting much attention by using paypal because that is many times secured thatn bitcoins never pay online with the bitcoin if you dont know where it goes to.

lakisis

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bitcoin is much more good than paypal because bitcoin is available in everywhere for any transaction and paypal is not appear in anywhere and i can buy product with easily through bitcoin and i feel very safe bitcoin transaction if something i buy with bitcoin.

Jeraerid

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Personally I like Bitcoin more and the reason is because as you can see now you see also that Bitcoin is getting more popular and that is quite nice for the currency itself.
But you never know only what is going to happen with the value and that is the only problem.

goldcoinminer

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Quote from: Whosdaddy on October 10, 2016, 02:40:00 AM

Quote from: Ybalevia on October 05, 2016, 08:54:27 AM

I dont know witch one is better because i dont think you should use them both you can also buy things online with your bank account of credit card i think that is many times better than just the bitcoijn or paypal.

But there are much lesser places where bank account or Credit cards are accepted for the payment at there.
That is why we cannot compare bank account and creditcard with bitcoin or paypal. For to get access to ever online market we need bitcoin and paypal.

They are different use but bitcoin is more advance to me when it comes to online transaction, it will beat all the present online payment system due to its decentralize function and the low cost transaction, I have not seen anymore complaining about transacting bitcoin online that they have a problem with sending and receiving.

Whosdaddy

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Quote from: Ybalevia on October 05, 2016, 08:54:27 AM

I dont know witch one is better because i dont think you should use them both you can also buy things online with your bank account of credit card i think that is many times better than just the bitcoijn or paypal.

But there are much lesser places where bank account or Credit cards are accepted for the payment at there.
That is why we cannot compare bank account and creditcard with bitcoin or paypal. For to get access to ever online market we need bitcoin and paypal.

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