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Topic: Paypal is growing faster than Bitcoin - page 3. (Read 3656 times)

legendary
Activity: 1792
Merit: 1283
January 22, 2016, 08:26:12 PM
#73
Paypal is just more user friendly and has a long history behind it, you see their logo on so many sites and this has been so for many years.
It will take time, for one, to attract more users.

Maybe some revolutionary service will pop up with a big marketing budget and spread the word that way.
legendary
Activity: 3052
Merit: 1047
Your country may be your worst enemy
January 22, 2016, 08:21:33 PM
#72
This is similar to say: The number of people travel by train is growing faster than number of people travel by car  Roll Eyes

I don't see the relation.

Exactly. Paypal's fees are a lot bigger that those of bitcoin. Paypal steals more and that way it grows faster.
And yet people are willingly giving their money to PyaPal and don't care about the fees. Isn't it a contradiction? I think bitcoin inertness is caused by its decentralized nature.
We collectively don't care about future and consumer adoption, we all care about here and now and how bitcoin price can be higher without actually doing anything to upgrade BTC!

That's my idea. There seems to more bitcoiners concerned about short term profit, that is a rise of BTC's price, than long term, which means upgrading bitcoin core, the network, everything so that the number of transactions can be increased exponentially without hiccups. The network handles 200,000 transactions each day, this is small. Very small considering there are over 7 billions people on the planet.
legendary
Activity: 966
Merit: 1000
TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
January 22, 2016, 03:37:25 PM
#71
You know why PayPal is growing faster than bitcoin? Because it is a company with goals, contracts, budget for promotion and advertisement.
While bitcoin is like ship without a captain, drifting around in random direction, no plan, no will to evolve. Of course PayPal will win.
Bitcoin doesn't have a captain, but it has so many crews that more loyal than PayPal's crews.
Not when paypal has enough capital to buy out those loyal crews for themselves.  Embarrassed
There are a lot of sell outs as of late from the bitcoin founders association. Latest acquisition was the ceo of xapo  Roll Eyes Fernando was sending apps to play for xapo customers last week now he is directing at paypal.
hero member
Activity: 560
Merit: 501
January 22, 2016, 02:35:58 PM
#70
Yeah, i have seen more and more stores that only accept paypal. Not even CC, only CC through Paypal. I dont like it however, because it banned me.
legendary
Activity: 1148
Merit: 1011
In Satoshi I Trust
legendary
Activity: 3304
Merit: 3037
BTC price road to $80k
January 22, 2016, 02:25:01 PM
#68
For me paypal is growing faster than bitcoin because paypal is safe than bitcoin and paypal are using usd or main currency and i think many company are using service of paypal like PTC site CPA network or PPD and also company that you can buy online like ebay amazon etc.
However bitcoin is easy to use but in bitcoin world they are anonymous and you will be scam anytime because you cant reverse the transaction than paypal that you can dispute if you are not satisfied or the product is not good as he promise.
So people will choose paypal than bitcoin thats why they are growing fast.
member
Activity: 70
Merit: 10
January 22, 2016, 01:19:13 PM
#67
BTC is much more unique compared to PayPal, it is a complete payment system rather than just a website. PayPal is bigger because it's way older and got attention over the years, as soon as BTC reaches it's amount of popularity it can easily surpass it.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
January 22, 2016, 01:09:06 PM
#66
This is similar to say: The number of people travel by train is growing faster than number of people travel by car  Roll Eyes
legendary
Activity: 1400
Merit: 1001
January 22, 2016, 01:08:17 PM
#65
Exactly. Paypal's fees are a lot bigger that those of bitcoin. Paypal steals more and that way it grows faster.
And yet people are willingly giving their money to PyaPal and don't care about the fees. Isn't it a contradiction? I think bitcoin inertness is caused by its decentralized nature.
We collectively don't care about future and consumer adoption, we all care about here and now and how bitcoin price can be higher without actually doing anything to upgrade BTC!
hero member
Activity: 616
Merit: 603
January 22, 2016, 01:08:03 PM
#64
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.
hero member
Activity: 1106
Merit: 502
January 22, 2016, 01:04:24 PM
#63
Exactly. Paypal's fees are a lot bigger that those of bitcoin. Paypal steals more and that way it grows faster.
yes right, paypal security is very bad, even as easily stolen, I see a lot of groups on facebook Ca * ding paypal, so easy person to get another person's account balance is enormous.
full member
Activity: 238
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
January 22, 2016, 01:01:06 PM
#62
Exactly. Paypal's fees are a lot bigger that those of bitcoin. Paypal steals more and that way it grows faster.
legendary
Activity: 2492
Merit: 1018
January 22, 2016, 11:11:45 AM
#61
paypal is easier to understand for a regular person who just want to buy and check out on amazon or any other huge ecommerce site, they should be better. so just wait till someone sends them paypal funds and file a dispute to to them and these people will eventually look for a better option such as cryptocurrencies.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
January 22, 2016, 10:51:17 AM
#60
Is it important ? I think as soon as any paypal growing, getting better even paypal is best remains bitcoin, because we are the bitcoin, so do not ignore the growth of paypal and stay focused with bitcoin because someday I am sure that the growth of bitcoin will be faster than the paypal and into the best  Grin
hero member
Activity: 2590
Merit: 585
Leading Crypto Sports Betting & Casino Platform
January 22, 2016, 10:50:23 AM
#59
of course, today is better than bitcoin paypal so growth is also better paypal. Paypal also higher security system that makes a lot of people wear it so it grows faster

Paypal is secure but sometimes just too secure and hence people hesitate to deal in paypal, I think still bitcoins are far superior than Paypal.
sr. member
Activity: 406
Merit: 250
January 22, 2016, 10:49:13 AM
#58
I don't think you can really compare these two together.
There's a big difference between bitcoin and paypal.
hero member
Activity: 616
Merit: 500
January 22, 2016, 10:46:07 AM
#57
We really can't compare paypal with bitcoin, bitcoin act as currency and paypal just act as a place to store currency.
Bitcoin has a fluctuating value and paypal hasn't. That's make people choose paypal rather than bitcoin, mostly  they afraid about bitcoin value moving up and down faster that strange for them.

Exactly, paypal has been around for years and years. Paypal is a third party payment method, you are able to use paypal without giving out your info to a mechant. Bitcoin is a currency, you can't compare these too. Plus paypal has had more advertisement than bitcoin.
hero member
Activity: 2072
Merit: 503
#SWGT PRE-SALE IS LIVE
January 22, 2016, 10:12:55 AM
#56
of course, today is better than bitcoin paypal so growth is also better paypal. Paypal also higher security system that makes a lot of people wear it so it grows faster
sr. member
Activity: 249
Merit: 250
January 22, 2016, 10:00:33 AM
#55
Yea it is normal lol, since BTC price is unpredictable, and people feel save buying things via paypal
sr. member
Activity: 714
Merit: 250
January 22, 2016, 09:20:48 AM
#54
It's hard to believe this is true.
A while ago I saw a screenshot where bitcoin already bypassed paypal. LIke it should, since bitcoin has more features for the average user.

Exactly, bitcoin is very transparent as compared to Paypal, Paypal involves a list of rules and regulations and it is also noticed that Paypal has lots of hidden charges which it imposed on their customers, So in short customers are being cheated by Paypal, on the other hand Bitcoin has no hidden charges and transactions are very cheap and instant, So people who are into bitcoins would surely never use Paypal.
Yes bitcoin is very transparent and there are no hidden fees that are honest and fun. And really like what you said that in general bitcoin users do not use paypal but also there are some who are using both.
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