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Topic: Paypal is growing faster than Bitcoin (Read 3656 times)

hero member
Activity: 560
Merit: 500
January 25, 2016, 03:48:30 PM
Even growing in numbers of costumers doesnt mean they are trading or buying and selling more,for me means more people willing to use internet to shop,and the most shops use paypal at the moment and credit cards,bitcoin hasnt became yet an option on there.
hero member
Activity: 784
Merit: 1000
January 25, 2016, 02:50:25 PM
There already has been such discussions and everytime I choose Bitcoins over paypal for the "N" number of reasons.Low fees,easiness,anonymity and fast transactions are few to be mentioned.The simplest reason I could point out is the service fees for my country's Bank Transfer.I'm not from the US or the Uk ,when I try to send the paypal amount in my bank accounts I get ripped off by the service fees its like almost 30% .Also,who wants to submit documents publicly on the internet ? BTCBitcoins forever!

WTF?

Paypal is easier to use and faster than Bitcoin. The anonymity nonsense about Bitcoin is another myth. Of course Paypal is not anonym as well, but terms of privacy offers lot more than Bitcoin which by definition registers all transactions in a public ledger, and therefore never offered anonymous payments.

No wonder after 6 year media hype, endless media coverage and hundreds of millions venture capital investment in BTC startups Bitcoin total active user base is well less than a million - the volume of a second grade social media web site. Until the vocal BTC supporters will be uninformed and naive users like this one then Bitcoin has no chance to be more popular.


hero member
Activity: 756
Merit: 500
January 25, 2016, 02:46:33 PM
Even with BTC been more cool, etc (thousands of arguments) it is all about acceptance...

I can recharge my cellphone credits with paypal, and I'm in a country of shit.
Here you can link your paypal acc with almost every ecommerce webpage, and you can link your paypal to your CC. This makes the usage very "strong".
But I think BTC is just a step back, again, it's a matter of acceptance -- this is what makes a coin strong, like the us.dollar is much more valuable than argentine peso or any shit coin from some communist/socialist country.

BTC is very close to this point of acceptance. Paypal is a little older than BTC.

BTC is becoming much more interesting and wider than anything else.

 Cool
legendary
Activity: 1568
Merit: 1000
January 25, 2016, 02:34:18 PM
Hopefully with the signing of Wences Casares from Xapo to Paypal's board we could see a perfect integration of both Paypal and Bitcoin in the near future. This will open the door for an amazing grow, imagine how easy would be to obtain Bitcoin, and even sell it. All eBay products would be at hand and many more stores will follow since that will give a lot of legitimacy to BTC.
member
Activity: 73
Merit: 10
January 25, 2016, 12:23:22 PM
Paypal has a lot of restrictions with withdrawals and deposits atleast where I live. I also have to link credit card details to be even able to shop anywhere outside my country. I think the concept of growing faster here is just making it look more primitive considering the restrictions it has due to regulatory pressures. Bitcoin without regulation is out of those pressures and is easy to spend and receive with.
legendary
Activity: 1066
Merit: 1050
Khazad ai-menu!
January 25, 2016, 12:14:09 PM
So how many people are paid in paypals and how much is one paypal worth? 

Srsly, this is like saying that AT&T is growing faster than Telephones. 

This comparison is quite valid. This is saying that AT&T is getting a bigger share of the market, and this is what's happening with Paypal. it's getting a bigger slice of the pie, meaning that compared to it, BTC is shrinking. No good news, really, but I understand it so well. With the block size issue unsolved, nobody wants to bet on BTC.

AT&T is getting a bigger share than telephones?  Is General Electric in competition with electricity?   How about: is Microsoft in competition with C?   

What some people seem to fail to realize is that PayPal and BitPay and Visa - (all payment service companies) - can work with bitcoin just exactly as easily as they can work with funbux and yuros.

What's next, paypal growing faster than the ren ming bi? 





full member
Activity: 210
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
January 25, 2016, 10:21:03 AM
Paypal cant be compared to BTC , because BTC gives you easiness while PP sometimes give you headache Sad

I think you can compare them, they are both payment methods.
both getting bigger nowadays, Paypal is more used and easier than Bitcoin in my opinion.
Because its a better system for websites and used on many websites.

hero member
Activity: 1022
Merit: 538
January 25, 2016, 07:09:07 AM
That is because Paypal requires fiat, if Bitcoin did as well, it would grow just as fast. You can't compare the two.
hero member
Activity: 490
Merit: 500
January 25, 2016, 06:59:19 AM
Paypal is growing faster than bitcoin but that is because there are many sites that accept PayPal While Bitcoin has only a few websites that accept the payment method.
But maybe in the future Bitcoin will take over the world, It gets bigger everyday.
every time I go shopping. I several times found with bitcoin as payment method, in contrast to a few years ago, which is still very little
hero member
Activity: 1092
Merit: 520
January 25, 2016, 06:49:46 AM
theres a massive differance between the two, 1 is a massive centralized business who deals in Iou's and can at any time stop you getting your money.

The other is a decentralized, peer 2 peer network that allows its users to have control over their wealth and spend it at will. 
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
January 25, 2016, 06:43:10 AM
Paypal cant be compared to BTC , because BTC gives you easiness while PP sometimes give you headache Sad
didnt feel headache when using paypal, but some of my friend say that paypal easily can be stolen its credit by hacker when you wrongly fill in your data on random sites,but PP will make your transaction harder to do when they smell abnormal activity from your pc
hero member
Activity: 714
Merit: 500
SkyFall
January 25, 2016, 06:12:48 AM
Paypal is growing faster than bitcoin but that is because there are many sites that accept PayPal While Bitcoin has only a few websites that accept the payment method.
But maybe in the future Bitcoin will take over the world, It gets bigger everyday.
legendary
Activity: 3192
Merit: 1213
Enterapp Pre-Sale Live
January 25, 2016, 05:32:58 AM
There's another topic comparing the 2: https://bitcointalksearch.org/topic/paypal-or-bitcoin-1260666

The subject here is that between 2014 and 2015, Paypal gained 16 millions new users (https://www.paypal.com/us/webapps/mpp/about). There's no way to be sure as it's impossible to count how many users BTC has, but I believe it's more than BTC. Much more. So I'm asking why? And ultimately, what can be done to reverse this trend?

Since BTC is cheaper to use, I guess Paypal is more successful because it's better at making its users feel safe, without any dark cloud/block size issue above their heads.

I sincerely believe BTC's one hundred times better than Paypal because it's a currency, and unregulated, but something clearly has to change. I've been here long enough to remember guys writing that BTC would kill Paypal, it hasn't, and it doesn't look that it will.


agree more with your observation. As a seller i would accept bitcoin quietly, but as a customer i would prefer pay with paypal because I fell 'more' safe paypal as it would refund in case of problems with the transaction

Paypal is growing as it has provided secure return back policies, which has not been yet experienced in bitcoins. Paypal also giving ads along with its engaged business firms. This provides better growth to paypal than bitcoins
sr. member
Activity: 322
Merit: 250
I ❤ www.LuckyB.it!
January 25, 2016, 03:48:39 AM
There's another topic comparing the 2: https://bitcointalksearch.org/topic/paypal-or-bitcoin-1260666

The subject here is that between 2014 and 2015, Paypal gained 16 millions new users (https://www.paypal.com/us/webapps/mpp/about). There's no way to be sure as it's impossible to count how many users BTC has, but I believe it's more than BTC. Much more. So I'm asking why? And ultimately, what can be done to reverse this trend?

Since BTC is cheaper to use, I guess Paypal is more successful because it's better at making its users feel safe, without any dark cloud/block size issue above their heads.

I sincerely believe BTC's one hundred times better than Paypal because it's a currency, and unregulated, but something clearly has to change. I've been here long enough to remember guys writing that BTC would kill Paypal, it hasn't, and it doesn't look that it will.


agree more with your observation. As a seller i would accept bitcoin quietly, but as a customer i would prefer pay with paypal because I fell 'more' safe paypal as it would refund in case of problems with the transaction
sr. member
Activity: 365
Merit: 250
January 25, 2016, 03:00:16 AM
#99
Paypal cant be compared to BTC , because BTC gives you easiness while PP sometimes give you headache Sad
legendary
Activity: 3304
Merit: 3037
BTC price road to $80k
January 25, 2016, 02:39:16 AM
#98
There's another topic comparing the 2: https://bitcointalksearch.org/topic/paypal-or-bitcoin-1260666

The subject here is that between 2014 and 2015, Paypal gained 16 millions new users (https://www.paypal.com/us/webapps/mpp/about). There's no way to be sure as it's impossible to count how many users BTC has, but I believe it's more than BTC. Much more. So I'm asking why? And ultimately, what can be done to reverse this trend?

Since BTC is cheaper to use, I guess Paypal is more successful because it's better at making its users feel safe, without any dark cloud/block size issue above their heads.

I sincerely believe BTC's one hundred times better than Paypal because it's a currency, and unregulated, but something clearly has to change. I've been here long enough to remember guys writing that BTC would kill Paypal, it hasn't, and it doesn't look that it will.

i am also believe that bitcoin is better than paypal,but i'm not agree if you said paypal growing faster than bitcoin,because paypal founded early,and bitcoin just need 7 years to make people interesting.
Well about safety of costumers paypal is one of the safiest and trusted than bitcoin because in bitcoin they are many scammers and you cant reverse the transaction its not just like paypal that you can dispute your sent transaction.. and you can made a case..
So safety is always first...
sr. member
Activity: 252
Merit: 250
January 25, 2016, 02:29:37 AM
#97
There's another topic comparing the 2: https://bitcointalksearch.org/topic/paypal-or-bitcoin-1260666

The subject here is that between 2014 and 2015, Paypal gained 16 millions new users (https://www.paypal.com/us/webapps/mpp/about). There's no way to be sure as it's impossible to count how many users BTC has, but I believe it's more than BTC. Much more. So I'm asking why? And ultimately, what can be done to reverse this trend?

Since BTC is cheaper to use, I guess Paypal is more successful because it's better at making its users feel safe, without any dark cloud/block size issue above their heads.

I sincerely believe BTC's one hundred times better than Paypal because it's a currency, and unregulated, but something clearly has to change. I've been here long enough to remember guys writing that BTC would kill Paypal, it hasn't, and it doesn't look that it will.

i am also believe that bitcoin is better than paypal,but i'm not agree if you said paypal growing faster than bitcoin,because paypal founded early,and bitcoin just need 7 years to make people interesting.
legendary
Activity: 3052
Merit: 1047
Your country may be your worst enemy
January 24, 2016, 07:33:51 PM
#96
So how many people are paid in paypals and how much is one paypal worth? 

Srsly, this is like saying that AT&T is growing faster than Telephones. 

This comparison is quite valid. This is saying that AT&T is getting a bigger share of the market, and this is what's happening with Paypal. it's getting a bigger slice of the pie, meaning that compared to it, BTC is shrinking. No good news, really, but I understand it so well. With the block size issue unsolved, nobody wants to bet on BTC.
full member
Activity: 238
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
January 24, 2016, 09:17:59 AM
#95
Summary for those of you who haven't worked it out yet.


You know thats BS right, you completely dismiss the amount of gambling industry, video games, remittance, online services, investments, etc..

Basically there are much more things for what bitcoin can be used, so dont be too negative on bitcoin.
You can make a quick google search and see that there are a lot of companies that are accepting BTC and their list is growing slowly but steadily every day.So it's not just for drugs. Also AK-47's. I'm joking of course!
full member
Activity: 196
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
January 23, 2016, 09:18:19 PM
#94
Paypal is just an old way of sending money. It's not ok for 2016 where users care about anonimity.
I would rather hope that bitcoin will take the lead in global payments.
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