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Topic: Is bitcoin better or paypal? - page 70. (Read 281270 times)

sr. member
Activity: 308
Merit: 250
October 03, 2016, 03:46:04 PM
Bitcoin is way much better than paypal for me and thats my opinion and different peoples have different opinions.For me because it was very difficult for me to understand the concept of paypal dont know clearly how it works,the transactions are reversible and fees are also more and its not accepted in every country as well so in that concern i can say bitcoin is much better that paypal.
Yes there are many people who prefer bitcoin than paypal because a lot of the conveniences we can get from bitcoin. To benefit bitcoin is not as complicated and as difficult as paypal. Bitcoin is a good investment because it has its own currency and not to rely on the dollar.
i have o idea either itis good or band, i personally have no experience about it, becasue i have never use paypal in my life time, the reason is that i personally have no interest in bitcoin and the second is that it is banned in my countr therefore i will like to give preference to bitcoin and not to paypal
newbie
Activity: 42
Merit: 0
October 03, 2016, 12:45:48 PM
Medium mode of payment globally can be achieved by bitcoin but being the major one, it won't happen. First of all, most of big merchants are using Paypal since fiat currency is used more. Even bitcoin usage will increase to the next following years, most of it's new users will use bitcoin for investment purposes and not as a usual currency.
sr. member
Activity: 420
Merit: 250
October 03, 2016, 11:27:03 AM
I do not know what is really better but if I have to look at the fact that the bitcoin can be used everywhere and that it has a good future too I choose the bitcoin.
Another thing is that you are self controlling it and with PayPal this is not the story at all.
member
Activity: 68
Merit: 10
October 03, 2016, 03:09:24 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 .
If you want to make money you should use the bitcoin because the bitcoin is here just to make money and not to spent money you should use paypal by paying things online for sure.
hero member
Activity: 1330
Merit: 569
October 03, 2016, 02:52:52 AM
I don't think this is the right put question. Bitcoin is currency and PayPal is money service, so how can you compare it?
That's the main point, even that is reasonable for comparing both....? we should for making the bitcoin just combining with the paypal system because paypal is just like a wallet and will be more rational if comparing the paypal with such as the coinbase. I guess for comparing currency and wallet it's very wrong.

And any money service can put your ballance at hold at will, at any time. Paypal has some history in doing just so. This is unbearable!

I would choose BItcoin over Paypal any day because of the issue of anonymity present in the latter unlike the former. In as much as this is there Paypal still has this major advantage over Bitcoin because of the issue of being able to reverse transactions and this has protected quite a number of people of being duped of their hard earned resources unlike Bitcoin in which I have personally fallen victim because of this reversibility of transactions and no one to report to.

legendary
Activity: 3248
Merit: 1160
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October 03, 2016, 02:50:26 AM
Bitcoin is way much better than paypal for me and thats my opinion and different peoples have different opinions.For me because it was very difficult for me to understand the concept of paypal dont know clearly how it works,the transactions are reversible and fees are also more and its not accepted in every country as well so in that concern i can say bitcoin is much better that paypal.
Yes there are many people who prefer bitcoin than paypal because a lot of the conveniences we can get from bitcoin. To benefit bitcoin is not as complicated and as difficult as paypal. Bitcoin is a good investment because it has its own currency and not to rely on the dollar.
While the number of bitcoin adopters have increased the number of paypal users also decreases, and that fact alone is already a threat to them. People wants to transact fast and cheap and they can get it with bitcoin, therefore it paypal wants to compete they need to adjust to retain their customers.
hero member
Activity: 737
Merit: 551
October 03, 2016, 02:50:26 AM

You can better use paypal in my opinion becuase i know for sure that paypal is many times securder than bitcoins i dont think bitcoins will last long becuase lots of people are dropping them.

Paypal only use for online shopping we can't do trading
Bitcoin is better to use for trading because fast transaction and an easy to use it.
member
Activity: 92
Merit: 10
October 03, 2016, 02:42:53 AM
Bitcoin as paypal has alot of issues on what you can sell also I hate people being Able to recover money with ease and paypal don't care
full member
Activity: 131
Merit: 100
October 03, 2016, 02:39:24 AM
I don't think this is the right put question. Bitcoin is currency and PayPal is money service, so how can you compare it?
That's the main point, even that is reasonable for comparing both....? we should for making the bitcoin just combining with the paypal system because paypal is just like a wallet and will be more rational if comparing the paypal with such as the coinbase. I guess for comparing currency and wallet it's very wrong.

And any money service can put your ballance at hold at will, at any time. Paypal has some history in doing just so. This is unbearable!
Paypal are like banks, they will hold your balance if they feel you are suspicious, there is no freedom when you are trusting your money in a third party that is regulated by the law, in bitcoin we have a full freedom as it has no requirement to create our wallet and to transact.

As long as we are matured enough to understand, then we are good to go.
It depends all about what you want to do with it. because if you want to make money use bitcoins if you want to pay something online or other things you should try paypal.
member
Activity: 65
Merit: 10
October 03, 2016, 02:39:15 AM
Paypal is good but you are paying so much fee's with PayPal and its also that you account can get limited.
I think that bitcoin is better with the fee's and its also way more secure, plus you are controlling it by yourself.
if talking security, of course paypal have better warranties. paypal today has been connected with a credit card.
website of the Amazon was using paypal. I think for the collateral issue paypal has an advantage.
Because I see paypal like banks that they comply with the law because they are a business who are subject also to pay the right taxes, bitcoin is better because it is decentralized non regulated so we are free to get the benefits of transacting without paying taxes.

This is the advantage when we are using  bitcoin  because we  could  avoid the  high transaction fees on paypal. You are right they are paying taxes too thats why they  put up too high  fees  and in this case  bitcoin is far away better than paypal  regarding  on  money transfers.
You can better use paypal in my opinion becuase i know for sure that paypal is many times securder than bitcoins i dont think bitcoins will last long becuase lots of people are dropping them.
legendary
Activity: 1218
Merit: 1000
October 03, 2016, 02:22:44 AM
Bitcoin is way much better than paypal for me and thats my opinion and different peoples have different opinions.For me because it was very difficult for me to understand the concept of paypal dont know clearly how it works,the transactions are reversible and fees are also more and its not accepted in every country as well so in that concern i can say bitcoin is much better that paypal.
Yes there are many people who prefer bitcoin than paypal because a lot of the conveniences we can get from bitcoin. To benefit bitcoin is not as complicated and as difficult as paypal. Bitcoin is a good investment because it has its own currency and not to rely on the dollar.
sr. member
Activity: 406
Merit: 250
October 03, 2016, 02:15:19 AM
Bitcoin is way much better than paypal for me and thats my opinion and different peoples have different opinions.For me because it was very difficult for me to understand the concept of paypal dont know clearly how it works,the transactions are reversible and fees are also more and its not accepted in every country as well so in that concern i can say bitcoin is much better that paypal.
hero member
Activity: 2954
Merit: 672
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October 03, 2016, 12:14:11 AM
I don't think this is the right put question. Bitcoin is currency and PayPal is money service, so how can you compare it?
That's the main point, even that is reasonable for comparing both....? we should for making the bitcoin just combining with the paypal system because paypal is just like a wallet and will be more rational if comparing the paypal with such as the coinbase. I guess for comparing currency and wallet it's very wrong.

And any money service can put your ballance at hold at will, at any time. Paypal has some history in doing just so. This is unbearable!
Paypal are like banks, they will hold your balance if they feel you are suspicious, there is no freedom when you are trusting your money in a third party that is regulated by the law, in bitcoin we have a full freedom as it has no requirement to create our wallet and to transact.

As long as we are matured enough to understand, then we are good to go.
legendary
Activity: 1245
Merit: 1004
October 02, 2016, 08:30:27 PM
I don't think this is the right put question. Bitcoin is currency and PayPal is money service, so how can you compare it?
That's the main point, even that is reasonable for comparing both....? we should for making the bitcoin just combining with the paypal system because paypal is just like a wallet and will be more rational if comparing the paypal with such as the coinbase. I guess for comparing currency and wallet it's very wrong.

And any money service can put your ballance at hold at will, at any time. Paypal has some history in doing just so. This is unbearable!
legendary
Activity: 3038
Merit: 1024
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October 02, 2016, 08:25:37 PM
I don't think this is the right put question. Bitcoin is currency and PayPal is money service, so how can you compare it?
That's the main point, even that is reasonable for comparing both....? we should for making the bitcoin just combining with the paypal system because paypal is just like a wallet and will be more rational if comparing the paypal with such as the coinbase. I guess for comparing currency and wallet it's very wrong.
member
Activity: 84
Merit: 10
October 02, 2016, 05:56:05 PM
i only know about bitcoin and have no idea about paypal. paypal may not be so good as compare to bitcoin, because bitcoin is universal present every where while paypal regioal and not a universal and therefore is not present everywhere. as its service is not present in my country.
hero member
Activity: 672
Merit: 500
October 02, 2016, 05:46:57 PM
i love bitcoin
 Grin

bitcoin is fast

Me too I love bitcoins now but I need to admit that I am using paypal for a lot of years until now. Because there are some payment that are automatically sent to my paypal account. But for me, bitcoin is better than paypal even though paypal has been established for a lot of years now. And the transaction is really fast and convenient.

It is more convenient to use the paypal now as there are more users. But that might change in the future.

even in this time it is more convenient for me to use bitcoin and paypal is not convenient for me, and in my business (online) when I ask for the payment of paypal then some people can pay me and some cannot but when I ask for bitcoin then everyone can be able to pay with bitcoin as it is allowed everywhere.

in my country paypal is not allowed so I will not talk for paypal for me in every place and in every field bitcoin is better. Paypal is just a useless website for the citizens of my country and we are happy with bitcoin and do not feel the lack of paypal as now we do not need it any more.
hero member
Activity: 658
Merit: 500
October 02, 2016, 04:39:30 PM
i love bitcoin
 Grin

bitcoin is fast

Me too I love bitcoins now but I need to admit that I am using paypal for a lot of years until now. Because there are some payment that are automatically sent to my paypal account. But for me, bitcoin is better than paypal even though paypal has been established for a lot of years now. And the transaction is really fast and convenient.

It is more convenient to use the paypal now as there are more users. But that might change in the future.

even in this time it is more convenient for me to use bitcoin and paypal is not convenient for me, and in my business (online) when I ask for the payment of paypal then some people can pay me and some cannot but when I ask for bitcoin then everyone can be able to pay with bitcoin as it is allowed everywhere.
hero member
Activity: 896
Merit: 514
October 02, 2016, 04:28:10 PM
I don't think this is the right put question. Bitcoin is currency and PayPal is money service, so how can you compare it? PayPal is convenient when you buy things with credit cards online so that you don't have to expose yourself to the risk that your data will be compromised. If I have to choose the currency then I would choose Bitcoin, I like it more then fiat money.
Good point of view that Bitcoin is currency and Paypal is money service but i think bitcoin is very beneficial and these both thing are present in bitcoin so we can use bitcoin as currency and we can use bitcoin as money service system because nowadays bitcoin is available acceptable in everywhere in any country .
hero member
Activity: 658
Merit: 505
October 02, 2016, 01:57:36 PM
I don't think this is the right put question. Bitcoin is currency and PayPal is money service, so how can you compare it? PayPal is convenient when you buy things with credit cards online so that you don't have to expose yourself to the risk that your data will be compromised. If I have to choose the currency then I would choose Bitcoin, I like it more then fiat money.
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