Topic: paypal or bitcoin? - page 114. (Read 138352 times)
Bitcoin isnt reversible,soo the scammers that usually pay with paypal and ask a refund wont be able to scam anymore ,paypal from other side is maybe the number one payment processor even when they alllow the clients to scamm as the sellers ,but well we all know that paypal is everywhere and countries are friendly since they pay their taxes for every transaction,bitcoin currently is free and without taxes to government.
What are your opinions on paypal or bitcoin for online shopping?
i use bitcoin for some trusted online selleri dont usually use paypal but for some untrusted seller or site i use it
because paypal have some protection in buyer
but overall that 2 payment option is good to use
I'd say bitcoin, because you're not able to scam anyone. BTC is the best thing which happened to the internet.
If you pay bitcoin to a scammer, you will not be able to get your bitcoin back. With paypal, you can get your money back.With paypal the buyer can scam the seller. With bitcoin this is not possible. Paypal can freeze the account or seize your money. With bitcoin this is not possible.
bitcoin, by i admit that i'm using paypal on website that i don't know, but bitcoin has the potential to surpass paypal, it's already very near that
Very near in what sense? Bitcoin is not even close to paypal. Paypal is used in far more platforms and sites than bitcoin, far far more, not only that but paypal it's also pretty safe, more than bitcoin. Comparing bitcoin to paypal is not good though, paypal is not a currency, bitcoin is, so in the end it doesn't make much sense to compare the two.
transaction volume is very akin from bitcoin to paypal, there was a chart that showed it, i'm trying to find it, it was posted here not long time ago
What? Bitcoin is a whole currency and paypal it's just a platform to pay for stuff, I don't see how comparing 2 charts would do anything here, as I said it's pretty pointless to compare the two.
not it isn't it show how must bitcoin is growing, i'm not talking about a direct competition, you need to see from a different view
Would you mind explaining that better because I still don't understand your point. Comparing paypal to bitcoin is like comparing paypal to Euro or Dollar, makes no sense they are two different things
I'd say bitcoin, because you're not able to scam anyone. BTC is the best thing which happened to the internet.
If you pay bitcoin to a scammer, you will not be able to get your bitcoin back. With paypal, you can get your money back.
I'd say bitcoin, because you're not able to scam anyone. BTC is the best thing which happened to the internet.
Because of my current businesses I have more paypal incomes than bitcoin earnings, that is why I prefer paypal although I think I am ready to the unavoidable transition.
yeah i think so its depends on your situation if you have a business that paid with paypal go ahead, like people from pakistan they can't used paypal since paypal isn't open their service there so people from there will choose bitcoin for their payment processor
I use both but if I had to choose I would go with PayPal (for now). A lot more stores accept PayPal and the fact that you have full 6 months from the date of purchase to open a dispute makes it harder for sellers to scam you. I was surprised at how fast I got my money back after I got scammed on eBay by a guy from China. Zero hassle, I filed a complaint saying that I never received the item and got a full refund a few days later 
Level of security, I think paypal is better, but it is very complicated, in contrast to the practical bitcoin
At present, you have buyer protection for paypal. You do not have that in bitcoin.
With bitcoin you have multisig escrow and therefore a protection for the buyer and the seller.
i sometimes use paypal but i like btc more
I use btc for steam products and want to use them for other products but unfortunately btc's era has only begun. i hope soon that more btc payable sites and shops will be available to us.
I have paypal incomes. So I prefer to spend it without paying high wire transfer fees to my bank. Besides that, it provides buyer protection for me to spend and I can easily ask for the refund if anything goes wrong, which Bitcoin doesn't have. But for receiving payment, I still prefer Bitcoin. But in many circumstances many ppl aren't able to use PayPal or stay away with it due to PayPal's unreason restriction, they still prefer to receive Bitcoin! With time going by, bitcoin's adoption will increase a lot.
I use both of them payal and bitcoin, it really depends where am i spending my money if the merchant accepts paypal i go with that, if it accepts bitcoin(which is rare) then i spend my bitcoins, but bitcoin is 'freedom' comparing to paypal which requires lots of information to be verified.
At present, you have buyer protection for paypal. You do not have that in bitcoin. If paypal integrates bitcoin, it is better.
I dont't know if it rly would be better if paypal would integrate bitcoins.
Their fee's would be still incredibly high and it still would be kinda cancer from the view of a seller/provider of digital goods/services.
The fact that Paypal supports scammer so much made me completly shut down any use of paypal at all, as long not absolutely necessary.
I prefer PayPa1.
At present, you have buyer protection for paypal. You do not have that in bitcoin. If paypal integrates bitcoin, it is better.
of course i choose bitcoin for online shopping,there many reason why i choose this one.
- easy to get
- easy to get freely,i dont think paypal easier
- fast and more secure
- i never hear about bitcoin hack,but paypal hack is too mainstream
- easy to get
- easy to get freely,i dont think paypal easier
- fast and more secure
- i never hear about bitcoin hack,but paypal hack is too mainstream
Because of my current businesses I have more paypal incomes than bitcoin earnings, that is why I prefer paypal although I think I am ready to the unavoidable transition.
Maybe depends on the business you're doing or based on your country regulations. But soon people will understand the advantages of bitcoin over Paypal then you can see a because the raise in bitcoin users in your business.
Being a business owner I personally suggest you to adopt bitcoin then you will realize it's advantages over paypal.
Because of my current businesses I have more paypal incomes than bitcoin earnings, that is why I prefer paypal although I think I am ready to the unavoidable transition.
In my opinion Bitcoin is the easiest and fastest mode of payment transfers.
But i prefer that use bitcoin for trading purposes and the buy/Exchange your btc to paypal currency with respect to the Prices of btc..
The whole who game plays is the Price of btc..
When the prices go low then just buy more and more btc
when it reaches the peak then just sell it..
In this way u could also be a billioner in future..
Bitcoin transactions may be useful for trading , buying digital goods..
But for buying some heavy online goods for now paypal is the best..
The main disadvantage of bitcoin is if unfortunately u send btc to wrong address then u cannot get it back in any way.. (unless the owner decides to give u back).
Hope u read all that i said above!
But i prefer that use bitcoin for trading purposes and the buy/Exchange your btc to paypal currency with respect to the Prices of btc..
The whole who game plays is the Price of btc..
When the prices go low then just buy more and more btc
when it reaches the peak then just sell it..
In this way u could also be a billioner in future..
Bitcoin transactions may be useful for trading , buying digital goods..
But for buying some heavy online goods for now paypal is the best..
The main disadvantage of bitcoin is if unfortunately u send btc to wrong address then u cannot get it back in any way.. (unless the owner decides to give u back).
Hope u read all that i said above!
Jump to: