paypal or bitcoin? - page 27. | Bitcointalksearch.org

chaosknight

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Quote from: katrimans on May 20, 2016, 11:45:57 AM

Quote from: MingLee on May 07, 2016, 07:44:03 PM

Personally I think that both PayPal and Bitcoin have their own respective advantages; PayPal's being the consumer security and speed of transaction, while Bitcoin's advantages revolve around security, business safety, fairly safe value storage, and proof of transaction.

There is no "end-all-be-all" to either platform, and both have at least one or two better aspects.

Unless PayPal allows users to send, receive and shop without linking a bank account or card (which I don't have), I'd rather use bitcoins. Plus, sites like Amazon don't accept bitcoins (yet).

Its just a matter of time, Amazon will surely start accepting bitcoin in future, but I think bitcoin is really good for online transfers as it involves very less charges.

katrimans

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Quote from: MingLee on May 07, 2016, 07:44:03 PM

Personally I think that both PayPal and Bitcoin have their own respective advantages; PayPal's being the consumer security and speed of transaction, while Bitcoin's advantages revolve around security, business safety, fairly safe value storage, and proof of transaction.

There is no "end-all-be-all" to either platform, and both have at least one or two better aspects.

Paypal has lot of drawbacks Huh

InsideBjorn

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If I have to choose I will choose Bitcoin of course and that is because I can already see now that Bitcoin is going to be more worth so that is nice and it will be also more used.
And even the users from paypal are going to use Bitcoin because they see that it will have a better future.

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Quote from: TastyChillySauce00 on May 20, 2016, 07:50:24 AM

Quote from: adibe on May 20, 2016, 06:30:33 AM

Quote from: uncaer9 on May 20, 2016, 05:43:23 AM

Quote from: Cybertron00 on May 20, 2016, 05:29:12 AM

Paypal is the most common mode of payment in any online shop. But still bitcoin is a good choice.It is still on person what wallet he wants to use.

for customer paypal is better than bitcoin, because customer / buyer can refund his balance Roll Eyes

Yeah you are right. Paypal can prevent scammer and bitcoin can't if you get scammed, but bitcoin can win for any aspect. Like the fee, bitcoin's fee is really small.

paypal can prevent scamming but only for buyers, they have a buyer protection which allow the buyer to chargeback his sended money back into his wallet and it's silly for seller,no protection for seller at all

Yeah that's unfair for those legit sellers if the buyers only have the protection, how about for those sellers are kind hearted and always giving the favor of their
customers and if that customers broke the trust of seller and tried to run away from it.
No way he can retrieve the product he gave to the buyer.

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Quote from: adibe on May 20, 2016, 06:30:33 AM

Quote from: uncaer9 on May 20, 2016, 05:43:23 AM

Quote from: Cybertron00 on May 20, 2016, 05:29:12 AM

Paypal is the most common mode of payment in any online shop. But still bitcoin is a good choice.It is still on person what wallet he wants to use.

for customer paypal is better than bitcoin, because customer / buyer can refund his balance Roll Eyes

Yeah you are right. Paypal can prevent scammer and bitcoin can't if you get scammed, but bitcoin can win for any aspect. Like the fee, bitcoin's fee is really small.

paypal can prevent scamming but only for buyers, they have a buyer protection which allow the buyer to chargeback his sended money back into his wallet and it's silly for seller,no protection for seller at all

adibe

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Quote from: uncaer9 on May 20, 2016, 05:43:23 AM

Quote from: Cybertron00 on May 20, 2016, 05:29:12 AM

Paypal is the most common mode of payment in any online shop. But still bitcoin is a good choice.It is still on person what wallet he wants to use.

for customer paypal is better than bitcoin, because customer / buyer can refund his balance Roll Eyes

Yeah you are right. Paypal can prevent scammer and bitcoin can't if you get scammed, but bitcoin can win for any aspect. Like the fee, bitcoin's fee is really small.

delliaerd

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Quote from: uncaer9 on May 20, 2016, 05:43:23 AM

Quote from: Cybertron00 on May 20, 2016, 05:29:12 AM

Paypal is the most common mode of payment in any online shop. But still bitcoin is a good choice.It is still on person what wallet he wants to use.

for customer paypal is better than bitcoin, because customer / buyer can refund his balance Roll Eyes

Your statement is absolutely right but in my opinion, bitcoin also give the customer many benefits, indeed on paypal customer and buyers can refund his balance.
But bitcoin can give the customer profit from the rises of it price. And the transaction also cheaper rather than bitcoin. As additional the user of bitcoin can use bitcoin by anonymously, i mean without enter the personal information.

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Quote from: Cybertron00 on May 20, 2016, 05:29:12 AM

Paypal is the most common mode of payment in any online shop. But still bitcoin is a good choice.It is still on person what wallet he wants to use.

for customer paypal is better than bitcoin, because customer / buyer can refund his balance Roll Eyes

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Quote from: xIIImaL on May 20, 2016, 04:35:32 AM

Quote from: dhimasnk on May 19, 2016, 04:49:50 PM

I believe paypal will keep my money more secure. but for speed, I rely more on bitcoin

Paypal is also good but bitcoin is best, bitcoin more because we earn bitcoin easily and they are also easy to do transactions. We also earn bitcoin easily through mining. so in my opinion bitcoin is better way to for online shopping and transactions than Paypal.

People who holds bitcoin will not prefert to use Paypal for sure, as in bitcoin we don't need to follow any lengthy procedures that we have to follow in Paypal.

Cybertron00

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Paypal is the most common mode of payment in any online shop. But still bitcoin is a good choice.It is still on person what wallet he wants to use.

bcmine

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what i now, you can use services to buy online everything with bitcoin. you have just to google paying with bitcoin

so you dont need to rely on paypal or cc anymore, when you buy online something.

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Quote from: dhimasnk on May 19, 2016, 04:49:50 PM

I believe paypal will keep my money more secure. but for speed, I rely more on bitcoin

Paypal is also good but bitcoin is best, bitcoin more because we earn bitcoin easily and they are also easy to do transactions. We also earn bitcoin easily through mining. so in my opinion bitcoin is better way to for online shopping and transactions than Paypal.

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Quote from: ronaldo40 on May 20, 2016, 02:51:37 AM

Quote from: Altynbekova on May 19, 2016, 05:19:43 PM

Quote from: dhimasnk on May 19, 2016, 04:49:50 PM

I believe paypal will keep my money more secure. but for speed, I rely more on bitcoin

I also think that paypal is pretty okay, the only downside is that it can be hacked and the bitcoin is faster and also more secure.

bitcoin transactions could also have a problem that could take so long, yesterday I saw my friend nearly 20 hours remains unconfirmed.

bottleneck happening, too many unconfirmed transaction but the block size still remain 1mb and every block size probably took time about 15 minutes
bitcoin's speed is uncertain compared to another payment option which always consistent and it's blockchain

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Quote from: Altynbekova on May 19, 2016, 05:19:43 PM

Quote from: dhimasnk on May 19, 2016, 04:49:50 PM

I believe paypal will keep my money more secure. but for speed, I rely more on bitcoin

I also think that paypal is pretty okay, the only downside is that it can be hacked and the bitcoin is faster and also more secure.

bitcoin transactions could also have a problem that could take so long, yesterday I saw my friend nearly 20 hours remains unconfirmed.

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Quote from: whored on May 16, 2016, 08:11:34 AM

Quote from: jamesl22 on May 16, 2016, 08:05:13 AM

Quote from: whored on May 16, 2016, 07:53:42 AM

Quote from: somacoin on May 16, 2016, 07:48:04 AM

I'd choose Bitcoin over Paypal any day. Sorry but Paypal just sucks.

Their buyer protection on ebay is a gigantic fraud as well. I can't understand how this company is still existing.

The company "is still existing" because people use its services. Choosing them over other payment methods available on eBay.

People are more comfortable in using Paypal as its service period has been longer, and I personally feel that Paypal is really good when it comes to online shopping.

Pretty much my point. Online shopping would be nowhere without buyer protection, and that's what PayPal offers.

yeah agree all stores will provide a good service for buyers or sellers so that they will look for methods of payment that are considered safe. may all stores will be on paypal. for paypal gives good protection to the buyer and the seller.
the store can not easily add the payment method (like bitcoin) there is a specific process

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Quote from: dhimasnk on May 19, 2016, 04:49:50 PM

I believe paypal will keep my money more secure. but for speed, I rely more on bitcoin

I also think that paypal is pretty okay, the only downside is that it can be hacked and the bitcoin is faster and also more secure.

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I believe paypal will keep my money more secure. but for speed, I rely more on bitcoin

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Quote from: co5hike on May 19, 2016, 04:48:15 AM

Quote from: TastyChillySauce00 on May 19, 2016, 04:38:34 AM

Quote from: ?? on ??

Quote from: amiryaqot on May 19, 2016, 03:15:38 AM

Paypal and Bitcoin have totally different system so we don't make any comparison between both because paypal is only service provider not have any financial system like bitcoin, bitcoin is more flexible and providing services with freedom and has very low transaction fee so that i think bitcoin is better choice.

They have their own advantages and disadvantages so where ever to them you are compatible using your money then so be it. But for me, it is better to use bitcoin with its fast transaction , confirmation and low charging fees. Unlike paypal, you must be paypal verified using credit cards or virtual credit cards and that is very hassle and costly.

just want to correct something, bitcoin's transaction is not that fast, when you're paying things,they'll need atleast 1 confirmation from blockchain to proceed your transaction, and every confirmation takes times about 10-25 minutes,or when it got bottleneck,it'll take about 1 hours (i ever experienced this) instead of using credit card which only takes about 2-5 minutes

I think majority of people have not used bitcoin to buy something physically and I think that is the reason they are not aware about that, I prefer credit card for shopping keeping my bitcoin intact.

It's mainly because of the fact that there aren't much merchants accepting Bitcoin in people's local places. And if there are any, then they are mostly bars or places to eat something.

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Quote from: squatz1 on May 17, 2016, 08:21:26 PM

Paypal certainly has more options in terms of what you can buy online. However if i were given the option to use either one for everything, I would go with bitcoin.

Yes, I also will choose bitcoin payment when I'm having options of either paypal or bitcoin. Because practically I am hating paypal payment to use after many problems faced with their services.

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Quote from: TastyChillySauce00 on May 19, 2016, 04:38:34 AM

Quote from: ?? on ??

Quote from: amiryaqot on May 19, 2016, 03:15:38 AM

Paypal and Bitcoin have totally different system so we don't make any comparison between both because paypal is only service provider not have any financial system like bitcoin, bitcoin is more flexible and providing services with freedom and has very low transaction fee so that i think bitcoin is better choice.

They have their own advantages and disadvantages so where ever to them you are compatible using your money then so be it. But for me, it is better to use bitcoin with its fast transaction , confirmation and low charging fees. Unlike paypal, you must be paypal verified using credit cards or virtual credit cards and that is very hassle and costly.

just want to correct something, bitcoin's transaction is not that fast, when you're paying things,they'll need atleast 1 confirmation from blockchain to proceed your transaction, and every confirmation takes times about 10-25 minutes,or when it got bottleneck,it'll take about 1 hours (i ever experienced this) instead of using credit card which only takes about 2-5 minutes

I find bitcoin transactions are that fast, I haven't experience yet of waiting for 10-25 minutes and that 1 hr of waiting for confirmation. Most of the time, it only takes from 3-7 minutes when my transactions are confirmed.
That's for me, I guess it is depending on the location or something that there is no really basis for the confirmation of waiting.

Topic: paypal or bitcoin? - page 27. (Read 138352 times)