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Topic: paypal or bitcoin? - page 28. (Read 138352 times)

hero member
Activity: 798
Merit: 1000
May 19, 2016, 04:48:15 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.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
May 19, 2016, 04:38:34 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
newbie
Activity: 56
Merit: 0
May 19, 2016, 04:09:02 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.

yeah..paypal has a high transaction fee but btc not...
and btc is more friendly than paypal...
I think, there is only disadvantage of btc is, we can't get back our money...
I agree that many online shops don't accept btc but I damn sure, in the future they will accept btc  Smiley
hero member
Activity: 3150
Merit: 937
May 19, 2016, 03:21:02 AM
What are your opinions on paypal or bitcoin for online shopping?

They're basically the same when you're only talking about shopping, both pp and btc via bitpay get confirmed instantly.
The main difference to buyer/holder is that paypal can limit your account and freeze your money, where with bitcoin that cant happen.


I think that coinbase can limit or block your wallet for any reason.Or i`m wrong?

Paypal or bitcoin? For me both are convenient and easy to use.

The only flaw about bitcoin is  waiting for 3 confirmations.

Paypal can be very nasty sometimes, when you deal with disputes.

hero member
Activity: 520
Merit: 500
May 19, 2016, 03:19:27 AM
It's true paypal is more popular, but you could still buy bitcoins and load a vcc via bitcoins than use it on websites most of them are accepting credit cards so you would not need to use paypal, paypal sucks they quickly limit you sometimes for no valid reason, and to get unlimited well good luck !
legendary
Activity: 1050
Merit: 1000
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.
legendary
Activity: 1554
Merit: 1014
May 19, 2016, 03:04:11 AM
Paypal is more convenience in many places and worldwide, while not many shop accept btc. and i am a btc holder.

but bitcoin has more advantages than paypal. although bitcoin is still difficult to use for online shopping, because it is still rare online store accepts bitcoin, it does not matter. hopefully in the future buy and sell transactions which use bitcoin are increasingly widespread. and this is only a matter of time. despite the fact that the current number of online stores that accept bitcoin gradually increasing.

There so many reasons, why do peoples still not accepted bitcoin as payment method, the one reason is they the sellers are too worry with bitcoin's price, the volatile's nature of the bitcoin actually  , or they are too lazy and ignorant to learn what bitcoin is and how bitcoin works, but i think they would accept bitcoin if their costumers keep asking them to accept bitcoin

I think about the price of bitcoin is not a problem. you can use the dollar as a benchmark price. so you will never lose if bitcoin price fall very far. the possibility of most people who do not accept bitcoin as a payment is so lazy, they lazy when must exchange to fiat money, or they do not trust to use bitcoin.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
May 18, 2016, 09:38:40 PM
I prefer to use paypal becasue i dont trust the coin i already wanted to trust the coin but he lied to me. I never got my coins back when i did not received anything i bought with it so paypal can give you that warranty. So use paypal its many times saver trust me.

I also prefer paypal because its a good payment method and it has a lot of advantages with the reversible payments.

That sounds good until you are at the receiving end.
When somebody does an unfair chargeback on you, paypal doesn't look so rosy.

Paypal conducts a deep investigation and really needs lots of reviews and more informaion about the case before giving such as a chargeback. They didn't take the things easily because they are protecting it's clients.
legendary
Activity: 1246
Merit: 1000
May 18, 2016, 08:09:52 PM
I prefer to use paypal becasue i dont trust the coin i already wanted to trust the coin but he lied to me. I never got my coins back when i did not received anything i bought with it so paypal can give you that warranty. So use paypal its many times saver trust me.

I also prefer paypal because its a good payment method and it has a lot of advantages with the reversible payments.

That sounds good until you are at the receiving end.
When somebody does an unfair chargeback on you, paypal doesn't look so rosy.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
May 18, 2016, 01:58:43 PM
I prefer to use paypal becasue i dont trust the coin i already wanted to trust the coin but he lied to me. I never got my coins back when i did not received anything i bought with it so paypal can give you that warranty. So use paypal its many times saver trust me.

It is your fault that you had a deal with non trusted person. so do not blame bitcoin for that.
paypal chargeback help some scammers also so it is not always a positive thing

Yeah you cannot blame bitcoin for that it was your mistake, and that made you to loose your coins, and Paypal is history for me now and even I have closed my account with Paypal.

Mate hold your horses. He doesn't tell us the whole story so we didn't know well some information. There was a scene sometimes that coins are being traffic and the worst part it will not be received. If that is happen, you must to solve it by yourself which is really hard. That's why he compare it to Paypal that has a customer support and chances of getting back the money is really high.
hero member
Activity: 938
Merit: 1000
May 18, 2016, 11:47:46 AM
I prefer to use paypal becasue i dont trust the coin i already wanted to trust the coin but he lied to me. I never got my coins back when i did not received anything i bought with it so paypal can give you that warranty. So use paypal its many times saver trust me.

It is your fault that you had a deal with non trusted person. so do not blame bitcoin for that.
paypal chargeback help some scammers also so it is not always a positive thing

Yeah you cannot blame bitcoin for that it was your mistake, and that made you to loose your coins, and Paypal is history for me now and even I have closed my account with Paypal.
hero member
Activity: 574
Merit: 500
May 18, 2016, 11:46:02 AM
I prefer to use paypal becasue i dont trust the coin i already wanted to trust the coin but he lied to me. I never got my coins back when i did not received anything i bought with it so paypal can give you that warranty. So use paypal its many times saver trust me.

It is your fault that you had a deal with non trusted person. so do not blame bitcoin for that.
paypal chargeback help some scammers also so it is not always a positive thing
sr. member
Activity: 448
Merit: 250
May 18, 2016, 10:47:36 AM
I prefer to use paypal becasue i dont trust the coin i already wanted to trust the coin but he lied to me. I never got my coins back when i did not received anything i bought with it so paypal can give you that warranty. So use paypal its many times saver trust me.

I also prefer paypal because its a good payment method and it has a lot of advantages with the reversible payments.
sr. member
Activity: 465
Merit: 250
May 18, 2016, 09:38:09 AM
I prefer to use paypal becasue i dont trust the coin i already wanted to trust the coin but he lied to me. I never got my coins back when i did not received anything i bought with it so paypal can give you that warranty. So use paypal its many times saver trust me.
legendary
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
May 18, 2016, 09:03:33 AM
I like more bitcoin rather then paypal
And more to that bitcoin is future of online paymen
sr. member
Activity: 364
Merit: 250
May 18, 2016, 09:00:25 AM
i would like to use the bitcoin for online payments but he is not secured enough like paypal. if im using paypal
i know i will be able to get my money back if the thing i bought did not received.
sr. member
Activity: 350
Merit: 250
May 18, 2016, 08:51:31 AM
What are your opinions on paypal or bitcoin for online shopping?
paypal is a good way to buy things in the internet because they give you a secured paying method. instead of
the bitcoins there is nobody watching after the coins so no secured paying method. That's why i prefer to use paypal
instead of the bitcoin.
sr. member
Activity: 378
Merit: 251
May 18, 2016, 07:53:33 AM
I don't even use paypal and can't compare this two ways of payment , but bitcoin is fully satify me. I need to try them both to compare them.
legendary
Activity: 2100
Merit: 1058
May 18, 2016, 06:43:13 AM
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.


That's one of the advantage of bitcoin can you have many options. But still people tend to choose the less hassle, more convenient
and lower charging fees for each transactions.
Yes, it is very much obvious people are usually willing to use their most convenient payments system only. So, certainly people will find with bitcoin most flexible and advantageous system over Paypal. I believe this will happen for all the people, yes 100% of us will go with only bitcoin.
sr. member
Activity: 350
Merit: 251
Shit, did I leave the stove on?
May 18, 2016, 05:32:15 AM
I don't like to keep a lot of money on my PayPal account because they tend to lock accounts for suspicious activity even though there is nothing illegal going on with the transactions so I only resort to using PayPal when Bitcoin is not accepted by merchants I want to buy stuff from. Also PayPal is easily reversible and I would not use it to sell things out of fear for bogus chargebacks.
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