Is bitcoin better or paypal? - page 92.

Wapinter

legendary

Activity: 2674

Merit: 1026

Hire me for Bounty Management

Quote from: Bitcoinxchanger on December 20, 2015, 09:57:54 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.

Your title is entirly differnt from your post content.If you ask which one is better bitcoinor paypal,the obvious answer here would be bitcoin.
To answer the question in your op,I would say yes it is risky to buy bitcoin with paypal.In fact it is always risky to buy bitcoin from any indevidual without escrow

Daneric

full member

Activity: 224

Merit: 100

I have had a paypal account for the last 7 years but my experience with it over the years will definitely make me prefer bitcoin than paypal. First, paypal has some fees for transactions but this is not the main problem because even bitcoin has transaction fees associated with it. The main problem for me in regard to paypal are the restrictions and lack of flexibility in withdrawing funds globally. It is evident that you cannot withdrawal your paypal funds to banks in some countries and if it does, it will take very long to hit your account. Secondly, paypal transactions are reversible just in case the sender raises a complain. I lost $700 in paypal when i exchanged paypal with bitcoin because I will dealing with a scammer who waited until he had received bitcoins then raised a complain with paypal. the whole amount was reversed and I lost both the bitcoin and the $700.

bestluck

hero member

Activity: 658

Merit: 500

Quote from: OrangeII on July 20, 2016, 11:01:50 AM

Quote from: marky89 on July 20, 2016, 04:32:28 AM

Quote from: bitdumper on July 20, 2016, 04:28:53 AM

i do like bitcoin and honestly i have never used PayPal ever but some days ago when i visited tor network sites i see many sites selling hacked PayPal accounts so i will not consider it as a safe option

Sure, your Paypal account could get hacked if you don't protect it with a strong password and good security practices. Encryption does the rest. One could also fairly easily have his bitcoin private keys stolen if he left them unencrypted.

Well, I think the use of a paypal account is very troublesome. I also never used it, and it really makes me confused. the account is locked, and a lot of things you must do. for I know bitcoin, I guess there is no obstacle from using it, only a few times I was deceived, but all was fine, so I think bitcoin is still better than paypal

So bitcoin is more better to use for the transactions of or money rather than paypal, In the past I always wanted to have a system of payment transaction which will have the lowest fees for its transactions and now I got it in the form of bitcoin, I love it.

OrangeII

hero member

Activity: 2072

Merit: 503

Quote from: marky89 on July 20, 2016, 04:32:28 AM

Quote from: bitdumper on July 20, 2016, 04:28:53 AM

i do like bitcoin and honestly i have never used PayPal ever but some days ago when i visited tor network sites i see many sites selling hacked PayPal accounts so i will not consider it as a safe option

Sure, your Paypal account could get hacked if you don't protect it with a strong password and good security practices. Encryption does the rest. One could also fairly easily have his bitcoin private keys stolen if he left them unencrypted.

Well, I think the use of a paypal account is very troublesome. I also never used it, and it really makes me confused. the account is locked, and a lot of things you must do. for I know bitcoin, I guess there is no obstacle from using it, only a few times I was deceived, but all was fine, so I think bitcoin is still better than paypal

chaser15

legendary

Activity: 2688

Merit: 1065

Undeads.com - P2E Runner Game

Quote from: bitdumper on July 20, 2016, 04:28:53 AM

i do like bitcoin and honestly i have never used PayPal ever but some days ago when i visited tor network sites i see many sites selling hacked PayPal accounts so i will not consider it as a safe option

That's a user fault and not the Paypal itself. One example why Paypal got hacked is by logging in on a phishing site thru advertisements. That is common for PTC users where ads are hidden in a source that's why people don't recognized it if it is legit site or phishing.

Bitcoin and Paypal must be taken seriously by it's user responsibly in order to prevent problems in the future.

marky89

hero member

Activity: 756

Merit: 502

CryptoTalk.Org - Get Paid for every Post!

Quote from: bitdumper on July 20, 2016, 04:28:53 AM

i do like bitcoin and honestly i have never used PayPal ever but some days ago when i visited tor network sites i see many sites selling hacked PayPal accounts so i will not consider it as a safe option

Sure, your Paypal account could get hacked if you don't protect it with a strong password and good security practices. Encryption does the rest. One could also fairly easily have his bitcoin private keys stolen if he left them unencrypted.

bitdumper

sr. member

Activity: 266

Merit: 250

One world One currency, Bitcoin.

i do like bitcoin and honestly i have never used PayPal ever but some days ago when i visited tor network sites i see many sites selling hacked PayPal accounts so i will not consider it as a safe option

romero121

legendary

Activity: 3206

Merit: 1213

casinosblockchain.io

In one form bitcoin seems better than PayPal and in some other things PayPal will be better than bitcoin. When you consider the transaction fee most users prefer of using bitcoin. At the same for shopping most users prefer PayPal because of acceptance over most of the stores as well increased security on refund. Its better to use upon one's requirements.

Vika NSFW

sr. member

Activity: 406

Merit: 250

Quote from: outatime1 on July 19, 2016, 07:35:49 PM

Apparently the buyer can claim

This is a buyer protection.
Scammers are distructive people.
https://www.paypal.com/webapps/mpp/paypal-safety-and-security

outatime1

sr. member

Activity: 364

Merit: 254

CryptoTalk.Org - Get Paid for every Post!

I recommend that if you sell bitcoins, don't accept payment via paypal. Apparently the buyer can claim that they did not receive any bitcoins and then paypal will refund their money at your expense. You will have lost your money and bitcoins. Paypal could easily check that the bitcoins were sent, but I have heard that they don't do that. I don't know if there is any risk for the buyer in this situation.

Vhern

sr. member

Activity: 322

Merit: 250

We all know that BTC is reliable and have a faster transaction it is proven in all similar campaign and advertisement, however paypal is more accepted as a wallet in terms of someones money. I think it is only a matter of time before BTC dominate the system of currency.

Vika NSFW

sr. member

Activity: 406

Merit: 250

Quote from: BitHodler on July 14, 2016, 04:19:28 PM

There are countries that actually have anti Bitcoin laws where the usage of Bitcoin can make you end up in prison or get a hefty fine.

Put please the list of such countries.

andyste

full member

Activity: 154

Merit: 100

Quote from: Bitcoinxchanger on December 20, 2015, 09:57:54 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.

iam use both bitcoin and paypal
both its own advantages and disadvantages
bitcoin can use trading and revenue profit and use trading anonymous digital curency and nothing feature dispute save all transaction
paypal is good regulated very strict rules ready feature dispute is very good can use buy in store online
but i think is bitcoin better than best is compare paypal

Bestwishes745

hero member

Activity: 644

Merit: 500

Quote from: xIIImaL on July 14, 2016, 02:33:07 PM

Quote from: JeffBrad12 on July 14, 2016, 09:34:11 AM

I think is have any questions for you. maybe can you tell me about the different in the faster between bitcoin and PayPal? Huh

PayPal and bitcoin have a different system for their security too. we can't make a compare for both of them.

Bitcoin is much better than paypal as bitcoin is accepted worldwide and it is a currency for world wide and a payment system for all over the world , while paypal is a payment system limited to some countries. so businesses with bitcoin are accessible to all over the world while those businesses with paypal are only accessible to those countries where paypal is allowed

You are right paypal really restrict the services and businesses to the limited areas of the world and worldwide businesses cannot rely on paypal they need a system of worldwide and so the adopt bitcoin for themselves. One of the bad feature of paypal is that it often freezes accounts so destroy people's hard work.

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: xIIImaL on July 14, 2016, 02:33:07 PM

Quote from: JeffBrad12 on July 14, 2016, 09:34:11 AM

I think is have any questions for you. maybe can you tell me about the different in the faster between bitcoin and PayPal? Huh

PayPal and bitcoin have a different system for their security too. we can't make a compare for both of them.

Bitcoin is much better than paypal as bitcoin is accepted worldwide and it is a currency for world wide and a payment system for all over the world , while paypal is a payment system limited to some countries. so businesses with bitcoin are accessible to all over the world while those businesses with paypal are only accessible to those countries where paypal is allowed

There are countries that actually have anti Bitcoin laws where the usage of Bitcoin can make you end up in prison or get a hefty fine.

It's a damn shame of course, but the governments of these countries know very well that Bitcoin is far superior compared to their old fashion and corrupt financial system.

xIIImaL

legendary

Activity: 1372

Merit: 1005

Quote from: JeffBrad12 on July 14, 2016, 09:34:11 AM

I think is have any questions for you. maybe can you tell me about the different in the faster between bitcoin and PayPal? Huh

PayPal and bitcoin have a different system for their security too. we can't make a compare for both of them.

Bitcoin is much better than paypal as bitcoin is accepted worldwide and it is a currency for world wide and a payment system for all over the world , while paypal is a payment system limited to some countries. so businesses with bitcoin are accessible to all over the world while those businesses with paypal are only accessible to those countries where paypal is allowed

Vikingr

hero member

Activity: 798

Merit: 500

Quote from: JeffBrad12 on July 14, 2016, 09:34:11 AM

Quote from: avw1982 on July 13, 2016, 10:46:18 PM

Quote from: pusaka on July 13, 2016, 06:50:51 PM

I prefer to bitcoin, so I think bitcoin is better right now
bitcoin is the future online payment.

Bitcoin is much better look at paypal, its maybe easy because its accepted at a lot of websites but its not fast and secure.
The bitcoin is way more secure and also much faster, globally you can even transfer and you will also not get limited at all, no question that are being asked for stupid transactions by paypal.

I think is have any questions for you. maybe can you tell me about the different in the faster between bitcoin and PayPal? Huh

PayPal and bitcoin have a different system for their security too. we can't make a compare for both of them.

we have to deal with our money and we need a system for the transaction of our money so when bitcoin can do that for us more easier then we will say that bitcoin is more better for us than paypal for transacting our money, and so with that the comparison starts.

JeffBrad12

hero member

Activity: 2898

Merit: 529

Leading Crypto Sports Betting & Casino Platform

Quote from: avw1982 on July 13, 2016, 10:46:18 PM

Quote from: pusaka on July 13, 2016, 06:50:51 PM

I prefer to bitcoin, so I think bitcoin is better right now
bitcoin is the future online payment.

Bitcoin is much better look at paypal, its maybe easy because its accepted at a lot of websites but its not fast and secure.
The bitcoin is way more secure and also much faster, globally you can even transfer and you will also not get limited at all, no question that are being asked for stupid transactions by paypal.

I think is have any questions for you. maybe can you tell me about the different in the faster between bitcoin and PayPal? Huh

PayPal and bitcoin have a different system for their security too. we can't make a compare for both of them.

chaser15

legendary

Activity: 2688

Merit: 1065

Undeads.com - P2E Runner Game

Quote from: avw1982 on July 13, 2016, 10:46:18 PM

Quote from: pusaka on July 13, 2016, 06:50:51 PM

I prefer to bitcoin, so I think bitcoin is better right now
bitcoin is the future online payment.

Bitcoin is much better look at paypal, its maybe easy because its accepted at a lot of websites but its not fast and secure.
The bitcoin is way more secure and also much faster, globally you can even transfer and you will also not get limited at all, no question that are being asked for stupid transactions by paypal.

Can you elaborate why Paypal transactions are not secured? They are using web security measures to ensure their clients You mean someone can hacked it while your money is being send? And I see no problems in terms of being fast in transactions.

Like you said it has been using by lots of popular merchants out there so why they will used Paypal if it's not secured and transactions are slow???

avw1982

hero member

Activity: 644

Merit: 500

Quote from: pusaka on July 13, 2016, 06:50:51 PM

I prefer to bitcoin, so I think bitcoin is better right now
bitcoin is the future online payment.

Bitcoin is much better look at paypal, its maybe easy because its accepted at a lot of websites but its not fast and secure.
The bitcoin is way more secure and also much faster, globally you can even transfer and you will also not get limited at all, no question that are being asked for stupid transactions by paypal.

Topic: Is bitcoin better or paypal? - page 92. (Read 281245 times)