Paypal accept bitcoin - page 3. | Bitcointalksearch.org

jonatuzc

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Quote from: bratko99 on December 19, 2017, 11:58:39 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.

Kevondo

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Quote from: Sorliand on December 23, 2017, 07:45:17 AM

Paypal can accept bitcoin indirectly like accept card using bitcoin or accept something like payeer.

in future may be find bitcoin used more than paypal

It think paypal is being use more than bitcoin and it is could currency today now paypal is a payment and it might be associated with bitcoin now bitcoin is being support by paypal and it has gained the support of worldwide and increase more if bitcoin will be invested by a lot of people with paypal investors. So no doubt we will see many websites including paypal will accept bitcoin.

A.Chanaka Bandara

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Quote from: hugeblack on November 11, 2017, 02:59:47 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 ?

My Ideas about four questions.

1) defeneedly I think so. In next year I will hope to hear that news.
2) yes. I hope paypal will accept because a lot of people use BTC right now.
3) BTC is the best. Because if paypal use, we need physical currency. But BTC is direct digital currency.
4) we can't earn more money using paypal. only spend money using paypal but we can earn money by trading BTC.

Pandarian

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PayPal better or Bitcoin better will depend on ther users. If person want annoymity over safty over his payment he will choose BTC. If someone wants safty of their payment, ability to charge back etc, he will like PayPal.

Sorliand

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Paypal can accept bitcoin indirectly like accept card using bitcoin or accept something like payeer.

in future may be find bitcoin used more than paypal

bhadz

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1. Yes
2. This is possible, paypal is a well known payment processor and they want to take it as an advantage instead of competing against bitcoin.
3. I think bitcoin can be better than paypal but I don't know when it will happen.
4. For now, both has high fees so I can't decide.

darewaller

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Quote from: Disna on December 16, 2017, 11:31:08 AM

I don't know if paypal can accept Bitcoin next year, as I know, paypal is a financial services company offering electronic payment transaction services while Bitcoin is not a company but a peer-to-peer network in transactions for which operate without central authority developed open source.

I think so PayPal is the most authentic and reliable source of transferring money. Most of the online jobs companies pay with PayPal. But in most countries the PayPal services are not available and the people face difficulties in their payments. If PayPal start accepting bitcoin then most people in different countries will benefit from it. I will really appreciate this because it is the need of the day.

kucritt

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maybe someday because of the bitcoin popularity increased maybe someday paypal will accept bitcoin as the payment and maybe we can do some trading in Paypal, bitcoin is better than paypal? i think both of them have a advantages and disadvantages too so we can't tell about who is the most better currencies

HoaNguyen

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In the future, I hope Paypal will be the intermediary to accept payments Bitcoin because they can see the limitations of Bitcoin at the present time that is if moving the wrong address, is sure to lose all of Bitcoin has moved. I hope Paypal accept Bitcoin and will be the intermediary to transfer the money to the different addresses, in case of mistake will be able to regain some Bitcoin moved. But there is a disadvantage that the cost per transaction will be higher than at present, but to avoid the risk then I saw the intermediary Paypal stands out in every Bitcoin transaction would be perfectly reasonable.

MyIdeas

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Quote from: Btc_1856 on December 19, 2017, 11:12:20 PM

Quote from: Happy06 on December 19, 2017, 06:02:42 PM

Quote from: krishnapramod on November 11, 2017, 04:25:23 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.

darewaller

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Quote from: gesdan on December 19, 2017, 08:30:33 AM

as i know right now paypal is accept credit card for deposit the money in paypal, but maybe its possible some day that you can use paypal to withdraw your bitcoin, its mean that you can convert your bitcoin into paypal balance and you can withdraw your paypal balance into bank account, but i think it will takes many fees

Yes you can use your credit card or debit card to add some funds to your PayPal account/wallet. So that means if you have, for example, a Xapo debit card, you can also use it to credit your PayPal account. With Bitcoin debit cards like that of Xapo, you can do a lot of things with your Bitcoin, including buying in stores where credit cards are accepted. Next, as for whether Bitcoin will be better than PayPal, I don’t think so, PayPal is more accepted than Bitcoin. But Bitcoin and PayPal can work together in a way, just as I described above in the using your Xapo debit card to credit PayPal.

Btc_1856

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Quote from: Happy06 on December 19, 2017, 06:02:42 PM

Quote from: krishnapramod on November 11, 2017, 04:25:23 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.

Happy06

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Quote from: krishnapramod on November 11, 2017, 04:25:23 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.

1Referee

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Quote from: bratko99 on December 19, 2017, 11:58:39 AM

Although, when they will, btc will lose its purpose. They wouldn't let it be anonymous.

PayPal (if they will ever accept Bitcoin) will be nothing more than an optional service that people can make use of. If you don't want to use PayPal you don't have to, and honestly, why would you ever want to use a centralized service anyway nowadays? People (mostly faucet and bounty farmers) were solely using these services to obtain free external transactions, but now they have cut that out, there is no reason left to make use of these services anymore. Imagine what these services will go through once Lightning Network makes them even more obsolete than they already are. Bitcoin will never lose its purpose as long as you have the ability to transact on a peer to peer basis.

globalcitizen

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It's very much a possibility. I'm sure PayPal, Amazon and the likes will have no other choice but to open doors for acceptance of Bitcoin and perhaps other digital assets. Bitcoin and Blockchain is gradually going mainstream.

Webetcoins

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Quote from: ModaFuka1994 on December 18, 2017, 12:34:10 AM

For now I think we can't ensure anything if Paypal will accept Bitcoin or not. I think we need to wait a little bit more, when Bitcoin legalized in at least 1 or 2 countries all over the world, I believe that Paypal will not be the only one that accept Bitcoin, a lot of other online market will also accept Bitcoin for payment as well.

I think it is true and it will happen soon. But one thing is really noticeable and that is that bitcoin is digital currency and paypal is real. It is just like other real currencies such as fiat cash, dollar and Euros. If we talk about transaction then transaction of paypal is faster than bitcoin but bitcoin will take more than 40 minutes but it is being recover now people are working on it and soon this problem will be solved.

bratko99

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They probably will in the future.
Although, when they will, btc will lose its purpose. They wouldn't let it be anonymous.

iv4n

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For me,bitcoin is better than paypal. Bitcoin is the famous currency at this moment and time will come paypal will accept bitcoin because of its popularity and most of the people nowadays are use bitcoin.

Bitcoin is better then PayPal and thats why PayPal is losing battle against bitcoin. Paypal is payment processor, u use PayPal as third party service to move your fiat money, bitcoin is doing that by itself. Question is why bitcoin needs PayPal? How can PayPal help bitcoin? I know answers on this questions and I know that PayPal will be useful one day. Bitcoin doesn't need third party services to move them and store them.

gesdan

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as i know right now paypal is accept credit card for deposit the money in paypal, but maybe its possible some day that you can use paypal to withdraw your bitcoin, its mean that you can convert your bitcoin into paypal balance and you can withdraw your paypal balance into bank account, but i think it will takes many fees

chineseprancing

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I can't see any wrong in accepting bitcoin of PayPal, maybe accepting bitcoin for PayPal is not a big deal. Otherwise if PayPal and bitcoin combined together I think more opportunities will be open to many people, other than that it PayPal give bitcoin a chance to become more famous and popular to many users and capitalist.

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