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Topic: Paypal accept bitcoin - page 2. (Read 4886 times)

full member
Activity: 602
Merit: 100
January 22, 2018, 09:36:47 PM
No, paypal knows what is right for their company and look at what Steam did after accepting btc. It's so volatile so they dropped it. But I bet UTRUST will replace paypal.
newbie
Activity: 42
Merit: 0
January 22, 2018, 08:18:47 PM
Use Paxful.com! They accept Paypal
newbie
Activity: 40
Merit: 0
January 05, 2018, 02:42:39 AM
It really is hard to figure out.


1. They hate cryptocurrencies so they won't accept Bitcoin or any other coin except if they are the ones who developed it.

2. They love/hate Bitcoin but want a piece of the Bitcoin pie so that they can somehow control it.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
January 05, 2018, 01:43:54 AM
As of now paypal doesn't accept bitcoin but there is posibilities that sooner they are going to accept bitcoin money for the good transaction. You don't know the technologies now a days it is going fast. If they are going to study the streghts and weaknesses of bitcoin they will easily identify the methods and process of the transaction because Paypal is very famous payment services.

No other currencies is not as more powerful than bitcoin till now , PayPal do not accept bitcoin till today , in future it will be possible but bitcoin is considered as better currency than other currencies by people it will be very healthy thing for bitcoin users and investors .
member
Activity: 350
Merit: 10
Semi-Decentralized Exchange
January 05, 2018, 01:37:23 AM
As of now paypal doesn't accept bitcoin but there is posibilities that sooner they are going to accept bitcoin money for the good transaction. You don't know the technologies now a days it is going fast. If they are going to study the streghts and weaknesses of bitcoin they will easily identify the methods and process of the transaction because Paypal is very famous payment services.
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
January 04, 2018, 11:42:40 PM
There is a possibility that Paypal will accept bitcoin. If everyone is aware of the cryptocurrency like bitcoin why would they not let it happen. It is just a matter of years for everyone to know about cryptocurrencies.
That possibility is totally big, PayPal is a popular payment processor and others are starting to shift their payment method through bitcoin which is very popular nowadays. They can send and receive bitcoin in the quickest way as there are too many exchanges that are already running and everyone can exchange bitcoins -> USD in the easiest way which is the main concern of people who are using PayPal.
legendary
Activity: 1302
Merit: 1037
January 04, 2018, 10:16:47 AM
In general, bitcoin has no advantage to face to paypal in many side as popularity, trust or conveniences. If paypal accepts bitcoin as a real money and allows user exchage bitcoin through paypal, it will very easy for all people who have difficulties in exchanging because so many countries ban bitcoin as a illegal money. Therefore, i hope in near future (2-3 next years) paypal will accept bitcoin so we can use bitcoin easier.
Absolutely I agree with you. If paypal accept bitcoin, i think it wil create a big benefits for many countries. As you know, although bitcoin is much more popular, some countries ban or don’t accept this digital currencies like China, there are many people invest BTC, but the government have just not accepted it. So I also hope in the next few years, paypal will accept BTC to every of us get an easy way to exchange.
All the people users of PayPal will benefited from this step of bitcoin. I really appreciate this and by this way many other money exchange service provider companies will also follow PayPal and will start accepting bitcoin. Payments will be easier for them and also for the companies who wants to pay you in bitcoin. It means all the circle of payments and receiving will feel ease and comfort in this way.
hero member
Activity: 1092
Merit: 523
January 04, 2018, 09:45:52 AM
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 ?

Bitcoin is already better than paypal. If they don't want to accept it, it's their loss and not ours.
Yeah I submit your thoughts. I also appreciate PayPal step towards accepting bitcoin as regular money. Every company in the world wants to give ease to hos clients and PayPal is doing the same. By this way their scope in the world market of online payments will grow more because when you want to exchange your bitcoin in your local one PayPal will help you in this regard.
member
Activity: 378
Merit: 16
December 30, 2017, 09:18:24 PM
There is a possibility that Paypal will accept bitcoin. If everyone is aware of the cryptocurrency like bitcoin why would they not let it happen. It is just a matter of years for everyone to know about cryptocurrencies.
hero member
Activity: 630
Merit: 500
December 30, 2017, 05:07:27 PM
PayPal doesn't directly accept Bitcoin, but Braintree, a division of PayPal has partnered with Coinbase to accept Bitcoin.

Currently, Bitcoin network processes around 7 transactions per second, while PayPal with an average of 200 tps. In terms of scalability and daily transactions volume, Bitcoin is much far behind PayPal. But apart from being a good store of value, Bitcoin could also be a better decentralized version of PayPal by building second layer payment systems on top of Bitcoin, Lightning Network.

So in future, Bitcoin might be better than PayPal, but again it depends on how users will treat Bitcoin, as a store of value or medium of exchange and the extent of merchant adoption.
Paypal is optional that people cant service because people solely using these services to obtain free external transactions.

Now we have an option in PayPal that we can send the payments to PayPal. In my country I cannot directly withdraw the Bitcoin to my Fiat currency. I have a verified PayPal account it is possible to convert Bitcoin to PayPal currency.
So, are you paying anything to paypal and to your government when you convert the money from bitcoin to your local currency? Please tell us more about it as I have read that if you convert your bitcoin to your local currency via PayPal, then you have to pay to exchange, and then the PayPal authorities and then the local authorities of your country about the money. If it is correct, then I think we need to find some alternative way.
This is interesting news, because PayPal is world leading money exchange company and many companies pay to their foreign workers through PayPal. It will be easy for all the users of PayPal to receive their payments direct to their bitcoin wallet.

For PayPal it is also convenient to pay in bitcoin. It seems that now the world is gradually turning towards accepting and using bitcoin all over the world which is a good sign.
Correct, I'm sure most of the bitcoin users were also used PayPal. Transferring of amount from bitcoin to PayPal will become more easier that before. Also all transactions thru PayPal would be much easier to do thru help of bitcoin.

It's a good start if it is happen in this 2018.
hero member
Activity: 1036
Merit: 500
December 30, 2017, 09:02:54 AM
PayPal doesn't directly accept Bitcoin, but Braintree, a division of PayPal has partnered with Coinbase to accept Bitcoin.

Currently, Bitcoin network processes around 7 transactions per second, while PayPal with an average of 200 tps. In terms of scalability and daily transactions volume, Bitcoin is much far behind PayPal. But apart from being a good store of value, Bitcoin could also be a better decentralized version of PayPal by building second layer payment systems on top of Bitcoin, Lightning Network.

So in future, Bitcoin might be better than PayPal, but again it depends on how users will treat Bitcoin, as a store of value or medium of exchange and the extent of merchant adoption.
Paypal is optional that people cant service because people solely using these services to obtain free external transactions.

Now we have an option in PayPal that we can send the payments to PayPal. In my country I cannot directly withdraw the Bitcoin to my Fiat currency. I have a verified PayPal account it is possible to convert Bitcoin to PayPal currency.
So, are you paying anything to paypal and to your government when you convert the money from bitcoin to your local currency? Please tell us more about it as I have read that if you convert your bitcoin to your local currency via PayPal, then you have to pay to exchange, and then the PayPal authorities and then the local authorities of your country about the money. If it is correct, then I think we need to find some alternative way.
This is interesting news, because PayPal is world leading money exchange company and many companies pay to their foreign workers through PayPal. It will be easy for all the users of PayPal to receive their payments direct to their bitcoin wallet.

For PayPal it is also convenient to pay in bitcoin. It seems that now the world is gradually turning towards accepting and using bitcoin all over the world which is a good sign.
member
Activity: 79
Merit: 10
December 29, 2017, 08:50:54 PM
I think bitcoin will be higher in price compared to paypal, see the development of bitcoin users is currently growing, now bitcoin already worth above $ 14000
member
Activity: 294
Merit: 10
W12 – Blockchain protocol
December 29, 2017, 06:53:24 PM
well if i were to compare paypal from btc, i would choose the bitcoin of course. Aside from its amazing features, it is already international and has the potential to burst in the next year.
sr. member
Activity: 854
Merit: 252
December 29, 2017, 06:47:47 PM
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 ?

For Paypal Bitcoin is one their major competitor in terms of online transaction payment, time will come and we just don't know when will happen but for sure they will accept bitcoin in the end where they can't do anything to defeat bitcoin. So in the last they will join the trend for sure.
newbie
Activity: 31
Merit: 0
December 29, 2017, 05:29:07 PM
i think paypal is better for now BTC still have limit maybe 2 years from now BTC will be better
full member
Activity: 490
Merit: 100
December 29, 2017, 12:26:32 PM
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 dont know but i believeit Embarrassed Embarrassed

No man, why the hell would anyone use PayPal with bitcoin, it loses its purpose.

PayPal - centralized
Bitcoin - decentralized

PayPal- reversible
Bitcoin - irreversible

PayPal- elgible to get your funds seized
Bitcoin - not elgible for that
I do not understand Why many people generally put such questions, regarding Bitcoin and such a payment system as PayPal. After all, these are practically two different things that lie in different planes of the world's financial pyramids. In short, there is nothing in common here and I fully agree with your examples.
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
December 29, 2017, 05:31:22 AM
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 dont know but i believeit Embarrassed Embarrassed

No man, why the hell would anyone use PayPal with bitcoin, it loses its purpose.

PayPal - centralized
Bitcoin - decentralized

PayPal- reversible
Bitcoin - irreversible

PayPal- elgible to get your funds seized
Bitcoin - not elgible for that
hero member
Activity: 697
Merit: 503
December 27, 2017, 02:35:46 AM
Would be really interesting to see if it would ever happen but unfortunately the current trend is more places are dropping Bitcoin than picking it up due to the fee's and confirmation times so it would be going against the trend. There is definitely a future in Bitcoin but with the sort of congestion we are seeing it just means more alt coins like Bitcoin Cash, Litecoin etc will be advantageous to use for this purpose. Paypal also pretty much have a monopoly on the fiat transfer market so there is room for more competition. I know of at least a few businesses similar to paypal that accept crypto currency so it will be interesting to see if they become more widely accepted.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
December 26, 2017, 08:46:58 PM
PayPal does have some disadvantage for both users, receivers and senders. Someone can dispute the transaction base on his own will and it will all depend on how PayPal will take bitcoin seriously. I have read some rumors if that's right that they are already taking a look at bitcoin.
sr. member
Activity: 420
Merit: 282
December 26, 2017, 09:17:00 AM
They probably will in the future.
Although, when they will, btc will lose its purpose. They wouldn't let it be anonymous.
PayPal is totally different concept and bitcoin is crypto currency. Whether PayPal increases or decreases it’s none of our business. Now if we draw a comparison, the first thing is that PayPal is not totally online and in some parts of the world, its not even considered the currency.

Where as crypto currency is slowly taking over the online system and I think in near future, it will takeover the all online money transfers platforms.
I heard that PayPal are ready to accept and join forces with crypto currency, but I think it will not happen for now, maybe it takes time before finalize and establish that partnership of 2 big companies. In my opinion it gives a lot of opportunity if this partnership will become successful but not for now they need to study it carefully.
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