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Topic: Paypal accept bitcoin - page 10. (Read 4886 times)

hero member
Activity: 1400
Merit: 536
November 12, 2017, 09:39:11 PM
#30
Paypal is the direct competitor of Bitcoin so not a chance in hell. Bitcoin is designed to be peer-to-peer effectively making PayPal services absolutely redundant if it became mainstream.
In the global marketplace, rivalries can be friendly for a day, there are many examples. Apple and Samsung look like competitors, they can act jointly. But I think Paypal is a finished company.
member
Activity: 259
Merit: 10
November 12, 2017, 07:05:22 PM
#29
1) Do you think about this news will happen ?
2) Do you think paypal may accept bitcoin in next years (3-7) or it is impossible ?
3) Do you think bitcoin will be better than paypal ? when will happen ?
4) which better for now PP or BTC ?

If you say facebook, google or even ebay accept bitcoin i will agree with you. Paypal will never accept bitcoin because paypal is forbidden exchange other virtual currency in the rule of paypal.
At the moment, I see paypal is still better bitcoin because paypal is accepting anywhere but in the future bitcoin will better Smiley
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
November 12, 2017, 06:43:37 PM
#28
I can't see Paypal itself accepting Bitcoin tomorrow or in the near future. Why? It is because for me Paypal lives on its own and doesn't really welcome any change on its platform. Other than that, Paypal charges higher fees so I don't think it'll be good if it accepts Bitcoin on its platform.

You have a point there. But if PayPal will not welcome change especially now that cryptocurrencies are starting to have their own niche in the digital world, they will be left behind. Though if you will think of it, bitcoin is one of their competitors with how transactions are made. But I think later on, they will be integrating bitcoin. But how? I don't know the answer yet... It's just like banks vs. bitcoin, now, banks are starting to accept bitcoin deposits, and starting to utilize the blockchain in their operations.
sr. member
Activity: 476
Merit: 259
November 12, 2017, 06:30:51 PM
#27
It is impossible for paypal to accept bitcoins at the current state of crypto currencies.

Currently, bitcoin and other digital assets are unregulated, as long as they remain unregulated,it will be impossible for regulated companies to keep it(there is a difference between accepting bitcoins through a 3rd company such as bitpay, which converts the bitcoins at the payment time, and between accepting bitcoins and keeping them, which shows that you believe in the currency for the long term).

Paypal can't touch bitcoin as long as it remains unregulated, we need to lead a regulation if we want paypal to consider accepting bitcoins as a sort of deposit.
hero member
Activity: 3080
Merit: 603
November 12, 2017, 04:28:22 PM
#26
This may happen in the future maybe even bigger news will come and bigger companies will accepts bitcoins as a legal payment for their service

Very possible to happen, not only considering PayPal but as well as facebook,youtube, google and other any popular websites and services.

but looking at it right now seems impossible since bitcoins potential is not enough to work with this such big things

It's because there's still a big debate on what coin to support for miners but if everyone of us will be only supporting one coin and bitcoin only marketplace this is going to happen in no time.
legendary
Activity: 2170
Merit: 1427
November 12, 2017, 04:01:05 PM
#25
3- Bitcoin is already better. However altcoins are better than BTC in lower transaction fees and faster confirmations.
Altcoins have lower overall transaction fees because their network doesn't experience much usage (if any at all). It's not that long ago where people were referring to Ethereum as being the Bitcoin killer, but yet it failed miserably in that aspect. Due to an insane amount of usage, its fees have shot up significantly, and its network experienced various major difficulties. No chance.

4- For now BTC is better. BTC is a newer technology than PP. Altcoins are newer than BTC.
What is that for logic? It all depends on how and in what scenario you use one of these two options. PayPal functions very well as platform for people to transact with each other, buy stuff, etc. Bitcoin severely lacks in that aspect. Bitcoin is better in other aspects, but not in the aspects PayPal enjoys most of its usage.
member
Activity: 61
Merit: 10
November 12, 2017, 02:44:47 PM
#24
1) Do you think about this news will happen ?
2) Do you think paypal may accept bitcoin in next years (3-7) or it is impossible ?
3) Do you think bitcoin will be better than paypal ? when will happen ?
4) which better for now PP or BTC ?

1- No. Because BTC and PP are 2 competitor payment processors.
2- It's impossible, will never happen.
3- Bitcoin is already better. However altcoins are better than BTC in lower transaction fees and faster confirmations.
4- For now BTC is better. BTC is a newer technology than PP. Altcoins are newer than BTC.
legendary
Activity: 1008
Merit: 1010
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November 12, 2017, 02:26:10 PM
#23
1) Do you think about this news will happen ?
2) Do you think paypal may accept bitcoin in next years (3-7) or it is impossible ?
3) Do you think bitcoin will be better than paypal ? when will happen ?
4) which better for now PP or BTC ?

1) Of course it will happen, in my opinion everyone will accept bitcoin once it will be popular enough.
2) It might need up to 10 years for that, depends on how many people will actually want to use bitcoins as a currency.
3) It will be better because of smaller fees and privacy.
4. Currently paypal is better because you can't use bitcoin to pay anywhere, i hope it will change soon Smiley
hero member
Activity: 560
Merit: 500
November 12, 2017, 01:48:55 PM
#22
This may happen in the future maybe even bigger news will come and bigger companies will accepts bitcoins as a legal payment for their service,but looking at it right now seems impossible since bitcoins potential is not enough to work with this such big things
newbie
Activity: 28
Merit: 0
November 12, 2017, 12:30:36 PM
#21
Paypal is the direct competitor of Bitcoin so not a chance in hell. Bitcoin is designed to be peer-to-peer effectively making PayPal services absolutely redundant if it became mainstream.
full member
Activity: 434
Merit: 100
November 12, 2017, 12:07:33 PM
#20
I don't think PayPal will directly accept bitcoin. It does them no good besides you can't ever compare bitcoin transaction with that of PayPal. So it's a no go go.
full member
Activity: 364
Merit: 100
PlayGame.com
November 12, 2017, 10:12:31 AM
#19
i will answer your question with my opinion, all of my answer is full of my opinion
1) no, paypal never accept other currencies into paypal balance, maybe you can exchange it in the exchanger to get USD from bitcoin
2) maybe it is possible but it have a low chance
3) yes bitcoin is better than paypal, in paypal you need to verify your account with Credit card and something else, i know its makes secure but its hardest method if the customer doesn;t have cedit card
full member
Activity: 560
Merit: 100
November 12, 2017, 09:41:10 AM
#18
Sooner or later paypal accept payments from bitcoin why for the good reason bitcoin is the most popular form of payments and bitcoin does not discriminate  anybody and nationality .
full member
Activity: 1344
Merit: 102
November 11, 2017, 11:06:08 PM
#17
1) Do you think about this news will happen ?
2) Do you think paypal may accept bitcoin in next years (3-7) or it is impossible ?
3) Do you think bitcoin will be better than paypal ? when will happen ?
4) which better for now PP or BTC ?
it will never happen that paypal accept bitcoin, all I know paypal is very strict I think this is bad idea if they accept bitcoin because maybe it will double the transaction fees,. I better to use bitcoin than paypal because no need to verify your account to send your money I don't know paypal if they still strict verifying account first before sending money.
full member
Activity: 261
Merit: 100
November 11, 2017, 10:35:51 PM
#16
I can't see Paypal itself accepting Bitcoin tomorrow or in the near future. Why? It is because for me Paypal lives on its own and doesn't really welcome any change on its platform. Other than that, Paypal charges higher fees so I don't think it'll be good if it accepts Bitcoin on its platform.
full member
Activity: 448
Merit: 100
Virtual Assistant | Remote Admin Support
November 11, 2017, 10:25:17 PM
#15
Paypal will remain the same and will work better that way. Bitcoin is best because it still remains underground and anonimous. Its like mixing an oil to a water.
full member
Activity: 1330
Merit: 248
November 11, 2017, 09:08:40 PM
#14
1) Do you think about this news will happen ?
Nope. It is better if paypal will stay as it is, but as far as I know we can still ise our bitcoin to paypal but will automatically converted into fiat.
Quote
2) Do you think paypal may accept bitcoin in next years (3-7) or it is impossible ?
Nope.
Quote
3) Do you think bitcoin will be better than paypal ? when will happen ?
Nope, they are both has a potential and has their own benfits to other people. They have different capabilities.
Quote
4) which better for now PP or BTC ?
For me it's bitcoin since we all know that we can do a lot in bitcoin and we can also trade with bitcoin.
member
Activity: 112
Merit: 10
November 11, 2017, 06:48:25 PM
#13
1) Do you think about this news will happen ?
2) Do you think paypal may accept bitcoin in next years (3-7) or it is impossible ?
3) Do you think bitcoin will be better than paypal ? when will happen ?
4) which better for now PP or BTC ?

I think the future, specifically the next 3 years, Paypal will integrate bitcoin into to do intermediate transactions. This will make Paypal more and more popular. And one day BTC will replace Paypal to become the most popular form of payment in the world  Cheesy
legendary
Activity: 1232
Merit: 1091
November 11, 2017, 06:47:18 PM
#12
PayPal doesn't need to implement Bitcoin in its main platform, and for that reason I strongly believe that it will never happen. PayPal serves a certain purpose, which attracts people to use it, and that despite all the complaints of people. I personally find that it focuses too much on the buyer and not really on the selling party, but this business model works perfectly for them, so they have no reason to change it. PayPal is seeing its user base grow continuously year after year, so it's safe to say that they market themselves very well, and that there is a decent amount of demand for their platform. It's not a shocking growth they experience, but it's at least consistent.
hero member
Activity: 3080
Merit: 603
November 11, 2017, 04:36:06 PM
#11
1) Do you think about this news will happen ?
2) Do you think paypal may accept bitcoin in next years (3-7) or it is impossible ?
3) Do you think bitcoin will be better than paypal ? when will happen ?
4) which better for now PP or BTC ?
1) Yes
2) That's very likely going to happen when bitcoin has a wide range of users and the mainstream media keeps on talking about bitcoin only.
3) Yes, because it is decentralized.
4) For now bitcoin fee is quite high so go for PayPal.
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