Is bitcoin better or paypal? - page 86.

StoreBit

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Quote from: bestluck on August 29, 2016, 04:40:22 PM

Quote from: PacePay on August 29, 2016, 03:27:07 PM

Quote from: abugseuf on August 28, 2016, 04:45:37 PM

Quote from: arwin100 on August 23, 2016, 12:17:19 AM

As my observation and daily used i can say that bitcoin is far better than paypal its because i can see that there's so mamy oppurtunities where we can earn some money with it and also by bitcoin we can easily transact anywhere and any time. Thwe only thing i see the disadvantages for bitcoin is merchant adoptation, we cannot used it directly to buy on biggest merchant existing online while if we used paypal we can easily buy what we want.

i also think that bitcoin is better that paypal. although i have no account in paypal, becasue i never use it, but still i can realize that bitcoin far better that paypal. bitcoin is a univesla currency and is using in all over the world while paypal is not universal, most of the countries are not accepting paypal

You are right paypal is not accepting some countries and because of the on;ine companies/businesses often tried to adopt different payment processors for their business , but now as bitcoin is allowed for all of the world so a business only with bitcoin payment can get access to every person having internet.

Yeah with paypal and other payment processors like that the businesses are restricted to only a limited number of countries, but Thankd God now with bitcoin the problem has been solved and now we do not need paypal any more.

yes that is a fact that paypal is banned in my own country and not payment is accepting here from paypal therefore i have no experience of it, i only use bitcoin it really solve the transaction problems, it also assist us financially.

satmas

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I like having payments in bitcoin, rather then paypal because with paypal there's a chance of chargebacks while they are impossible with bitcoin although Paypal does have faster transactions speed, they have a higher fee then bitcoin as well.

Jasad

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Quote from: Strongkored on August 29, 2016, 02:27:39 PM

Quote from: Bitcoinxchanger on December 20, 2015, 08:57:54 AM

I have been told that don't accept payments via paypal, is that right?
Because when buyer will have his bitcoins then he can claim back money from paypal by saying that i haven't received desired product.

paypal and bitcoin both are better for me, paypal for more save it means if we transaction with someone who want to trick you so we can use dispute methode is one of benefit using paypal bitcoin dont have it, but transaction with bitcoin is good too, and for me using bitcoin is one my favourite

precisely these dispute , claim and chargebacks feature in paypal are the worst thing for me ,
the transaction seems like not natural ,
paypal are reversible , and it is not just to avoid someone who want to trick you ,
it can be used to scam and trick you back too , so basically bitcoin are far better.

bestluck

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Quote from: PacePay on August 29, 2016, 03:27:07 PM

Quote from: abugseuf on August 28, 2016, 04:45:37 PM

Quote from: arwin100 on August 23, 2016, 12:17:19 AM

As my observation and daily used i can say that bitcoin is far better than paypal its because i can see that there's so mamy oppurtunities where we can earn some money with it and also by bitcoin we can easily transact anywhere and any time. Thwe only thing i see the disadvantages for bitcoin is merchant adoptation, we cannot used it directly to buy on biggest merchant existing online while if we used paypal we can easily buy what we want.

i also think that bitcoin is better that paypal. although i have no account in paypal, becasue i never use it, but still i can realize that bitcoin far better that paypal. bitcoin is a univesla currency and is using in all over the world while paypal is not universal, most of the countries are not accepting paypal

You are right paypal is not accepting some countries and because of the on;ine companies/businesses often tried to adopt different payment processors for their business , but now as bitcoin is allowed for all of the world so a business only with bitcoin payment can get access to every person having internet.

Yeah with paypal and other payment processors like that the businesses are restricted to only a limited number of countries, but Thankd God now with bitcoin the problem has been solved and now we do not need paypal any more.

PacePay

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Quote from: abugseuf on August 28, 2016, 04:45:37 PM

Quote from: arwin100 on August 23, 2016, 12:17:19 AM

As my observation and daily used i can say that bitcoin is far better than paypal its because i can see that there's so mamy oppurtunities where we can earn some money with it and also by bitcoin we can easily transact anywhere and any time. Thwe only thing i see the disadvantages for bitcoin is merchant adoptation, we cannot used it directly to buy on biggest merchant existing online while if we used paypal we can easily buy what we want.

i also think that bitcoin is better that paypal. although i have no account in paypal, becasue i never use it, but still i can realize that bitcoin far better that paypal. bitcoin is a univesla currency and is using in all over the world while paypal is not universal, most of the countries are not accepting paypal

You are right paypal is not accepting some countries and because of the on;ine companies/businesses often tried to adopt different payment processors for their business , but now as bitcoin is allowed for all of the world so a business only with bitcoin payment can get access to every person having internet.

traderbit

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Quote from: Bitcoinxchanger on December 20, 2015, 08:57:54 AM

I have been told that don't accept payments via paypal, is that right?
Because when buyer will have his bitcoins then he can claim back money from paypal by saying that i haven't received desired product.

Some services require to pay the paypal fees which sometimes reaches <$100 depending on the amount to be paid.
I have been used both of them for a long time now, paypal was a bit earlier than bitcoin, the advantage of paypal is that it is instant and you get instant the product of what you purchase.
With bitcoin there are some confirmation that are needed, but depending where we spend our money both of them are great.

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Quote from: Bitcoinxchanger on December 20, 2015, 08:57:54 AM

I have been told that don't accept payments via paypal, is that right?
Because when buyer will have his bitcoins then he can claim back money from paypal by saying that i haven't received desired product.

paypal and bitcoin both are better for me, paypal for more save it means if we transaction with someone who want to trick you so we can use dispute methode is one of benefit using paypal bitcoin dont have it, but transaction with bitcoin is good too, and for me using bitcoin is one my favourite

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Quote from: gkv9 on August 29, 2016, 01:23:27 PM

Quote from: MFahad on August 29, 2016, 12:12:49 PM

There are many sites which only accepts paypal and not bitcoins. So we cant boycott Paypal even it has high fees. Where there is an option of bitcoin and Paypal, i will defiantly recommend to use Bitcoins over Paypal.
In short PayPal may be present but future is only of bitcoins.

That's true, because I have heard somewhere that PayPal will itself start using Bitcoin as a mode of payments like they use credit cards for transfer of money... I hope this comes true as soon as possible, and that will make it easy for Bitcoins to take over everything from PayPal... Wink

I think paypal still not use bitcoin as mode of payment.. maybe in the future but i still not heard it.. i heard coinbase want to be partner business with paypal but until now there is no good news.

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Quote from: MFahad on August 29, 2016, 12:12:49 PM

There are many sites which only accepts paypal and not bitcoins. So we cant boycott Paypal even it has high fees. Where there is an option of bitcoin and Paypal, i will defiantly recommend to use Bitcoins over Paypal.
In short PayPal may be present but future is only of bitcoins.

That's true, because I have heard somewhere that PayPal will itself start using Bitcoin as a mode of payments like they use credit cards for transfer of money... I hope this comes true as soon as possible, and that will make it easy for Bitcoins to take over everything from PayPal... Wink

MFahad

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Quote from: Mirardowyn on August 29, 2016, 06:27:04 AM

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.

I dont think you can choose between these two and that is only because both can be used for other things off course can you also pay things with paypal or bitcoins but in my opinion bitcoins are just for investing and not secured to pay with you know. There is paypal the secured way to pay something online!

There are many sites which only accepts paypal and not bitcoins. So we cant boycott Paypal even it has high fees. Where there is an option of bitcoin and Paypal, i will defiantly recommend to use Bitcoins over Paypal.
In short PayPal may be present but future is only of bitcoins.

Ereacia

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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 .

If you want to be sure that waht you are buying online is going save i would say people for that kind of things you can better use the paypal paying method off course but if you want to do something with bitcoins or invest into something and if it is possible to use the bitcoin use it because that is the best thing to invest!

Mirardowyn

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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.

I dont think you can choose between these two and that is only because both can be used for other things off course can you also pay things with paypal or bitcoins but in my opinion bitcoins are just for investing and not secured to pay with you know. There is paypal the secured way to pay something online!

StarofBTC

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I don't think so there is any camparisim between paypal to bitcoin. bitcoin is a whole technology. and paypal is just like a wallet like how blockchain and coinbase are. paypal is just a wallet to store other currencies. and bitcoin it self an whole currency with lot of other features and benefit.
there is no competation and comparisim between bitcoin and paypal. you can campare paypal and blockchain. paypal and coinbase, and paypal with any bitcoin wallet. but not with bitcoin it self.

bitcoinmasterlord

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Quote from: BitHodler on August 25, 2016, 11:51:06 AM

Quote from: ashiqdey on August 25, 2016, 11:30:49 AM

We can't say directly that bitcoin is better than paypal or paypal is better then bitcoin, both have their own advantages and disadvantages. If u trade with legit and honesty traders then it's good otherwise let it be PayPal or bitcoin you will always be scamed by scam traders. Be alert and be safe from scamer

Even when you use PayPal only with very trusted traders, then still you can't avoid PayPal putting your money in freeze mode.

This is happening quite frequently and is obviously annoying people greatly as it some times costs weeks before your account balance gets un-frozen again.

But if you use fully verified your account then you should able to resolve these issues very easily, unless if you're doing something gray business, then they may ask you lot of detail on your transaction. I'm using my account from last 10 years and so for never had any issues with my account and it is fully verified and so for my transactions are quite a lot all together.

abugseuf

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Quote from: arwin100 on August 23, 2016, 12:17:19 AM

As my observation and daily used i can say that bitcoin is far better than paypal its because i can see that there's so mamy oppurtunities where we can earn some money with it and also by bitcoin we can easily transact anywhere and any time. Thwe only thing i see the disadvantages for bitcoin is merchant adoptation, we cannot used it directly to buy on biggest merchant existing online while if we used paypal we can easily buy what we want.

i also think that bitcoin is better that paypal. although i have no account in paypal, becasue i never use it, but still i can realize that bitcoin far better that paypal. bitcoin is a univesla currency and is using in all over the world while paypal is not universal, most of the countries are not accepting paypal

Qunenin

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Quote from: entrepmind23 on August 22, 2016, 01:11:41 PM

I think bitcoin is better than paypal because in bitcoin upon creating your wallet and then earn or buy bitcoin you can immediately use it while in paypal it needs to be verified first so that you can use it.There is no age limit in bitcoin while in paypal you need a card first to be verified which the owners should have documents and they are usually the employees or businessmen who are usually already of legal age.

Apart from above mentioned benefits, the other thing is that bitcoins transcations (tx) cannot be reversed. Paypal transaction can always be reversed in the favor of the seller and it is not good always.

BitHodler

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Quote from: ashiqdey on August 25, 2016, 11:30:49 AM

We can't say directly that bitcoin is better than paypal or paypal is better then bitcoin, both have their own advantages and disadvantages. If u trade with legit and honesty traders then it's good otherwise let it be PayPal or bitcoin you will always be scamed by scam traders. Be alert and be safe from scamer

Even when you use PayPal only with very trusted traders, then still you can't avoid PayPal putting your money in freeze mode.

This is happening quite frequently and is obviously annoying people greatly as it some times costs weeks before your account balance gets un-frozen again.

ashiqdey

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We can't say directly that bitcoin is better than paypal or paypal is better then bitcoin, both have their own advantages and disadvantages. If u trade with legit and honesty traders then it's good otherwise let it be PayPal or bitcoin you will always be scamed by scam traders. Be alert and be safe from scamer

Sergiorr101

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It is bad question as it asks about Fiat and bitcoin, you can say which is better as paypal is awesome for fiat, and all bitcoin wallets are good for bitcoin

gandame

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Better use bitcoin than paypal . The bitcoin not even need to connect to the ATM card or bank account to activate . Paypal before you use need to activate it . The bitcoin have little trasaction paypal fees too high . And many people have problem to their paypal because their money decreases. So bitcoin is better than paypal.

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