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Topic: paypal or bitcoin? - page 52. (Read 138319 times)

sr. member
Activity: 882
Merit: 303
April 07, 2016, 10:43:37 PM
I WILL ALWAYS VOTE FOR BITCOIN! Paypal is worst than you can ever imagine, damn those high fees!
legendary
Activity: 1382
Merit: 1122
April 07, 2016, 10:14:48 PM
Bitcoin is much cheaper when buying goods from a foreign country.

Paypal's exchange rates are shit.

PayPal conversion rates really are terrible. Credit cards have cheaper exchange rates (for the most part). The only good thing about PayPal is their buyer protection. There is absolutely no seller protection though. It's a vastly flawed system. Maybe they'll make up their own cryptocurrency at some point!
sr. member
Activity: 476
Merit: 250
April 07, 2016, 07:34:50 PM
Well considering that people already know paypal and do businees with it would really be hard to make those clients to change their processor for bitcoin with the purpose of just saving in fees ,i got the other side vision now,but bitcoin dont will let others to know what you doing paypal will ask you from where the money camed from if achieve a big ammount on the short or medium period.
hero member
Activity: 1120
Merit: 507
April 07, 2016, 02:21:03 PM
What are your opinions on paypal or bitcoin for online shopping?
I know you got your answer till now, but its important that I also share my opinion. I have used both Paypal and Bitcoins for shopping and various services and I will give Bitcoins as my first preference for any online payment or sales. Reason being simplicity and ease to use Bitcoins.
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
April 07, 2016, 02:10:18 PM
Spending bitcoins is little tough at present.
You have very little options. On the other hand options available at paypal are large.
But still I would chose bitcoins because at present I have plenty of them.

Yeah I buy stuff off of newegg, because they accept btc, but sometimes its cheaper elsewhere....plus i get like 1.5% cash back on the credit card, so yeah its hard sometimes.
full member
Activity: 210
Merit: 100
April 07, 2016, 02:07:12 PM
Spending bitcoins is little tough at present.
You have very little options. On the other hand options available at paypal are large.
But still I would chose bitcoins because at present I have plenty of them.
legendary
Activity: 2100
Merit: 1058
April 07, 2016, 09:42:37 AM
I rely on paypal because it is in currency that can be transferred right to a bank account if needed and only wait for 3 business days to reach it to you so you can use it right away.
With Bitcoin you have to try and sell it for fiat then you can access it to use it for things that you want to buy like food and pay for bills.
I'm not from USA nor Europe, still I'm able to convert my bitcoins to fiats within 2 days at market price with a very lesser fees compared to Paypal's withdrawal fees.
I'm not ready to agree Paypal is better by any means compared to bitcoin.
It is really shocking that  people are still using other payment processors for getting paid. If getting fiat for your bitcoin is the main concern means Localbitcoins kind of services will help you which is available everywhere in this world to convert your bitcoins into your local currency.
Only lack of knowledge about the services associated with the bitcoin is the prime reason many people are still using the high fee paypal services. We need not to worry on this as they will take some time to understand how better bitcoin is.
hero member
Activity: 1148
Merit: 504
April 07, 2016, 06:58:32 AM
What are your opinions on paypal or bitcoin for online shopping?
paypal and bitcoin. both have their own advantages and disadvantages. but I prefer the BTC because it is very simple

As said each has its own properties. Here when you think about the usage. Most prefer paypal because it has been very popular years back itself. According to above quote bitcoin is simple but it needs time to show its potential.

Slowly but surely, bitcoin will overcome paypal in terms of usability and performance. The number of bitcoin users is exponentially growing each month. So in coming years, merchandisers will eventually adopt bitcoin and more people will use bitcoin in making online transactions.
full member
Activity: 659
Merit: 101
April 07, 2016, 06:51:48 AM
I think its BTC which is better but PP cant be neglected either, PP can be used on many sites like godaddy, wish they start accepting BTC
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
April 07, 2016, 06:18:53 AM
What are your opinions on paypal or bitcoin for online shopping?
paypal and bitcoin. both have their own advantages and disadvantages. but I prefer the BTC because it is very simple

As said each has its own properties. Here when you think about the usage. Most prefer paypal because it has been very popular years back itself. According to above quote bitcoin is simple but it needs time to show its potential.
hero member
Activity: 742
Merit: 500
Hire me for your campaign management.
April 07, 2016, 04:08:20 AM
Both are good on their own place,
 paypal is for fiat and currency, while bitcoin itself is a currency plus it provide its own payment system and wallet,

I think we should have to compare the wallets with wallets, and payment processors with payment processors, and not the currency with a payment processor.
hero member
Activity: 714
Merit: 500
SkyFall
April 07, 2016, 03:36:05 AM
I like both Bitcoin and Paypal and I use them both but there still is a difference between the two. With Bitcoin you can invest your money into it to either save your money or to make more money with it or both.
But you cannot pay with bitcoins at many stores or online web shops. With Paypal you can pay at almost every online web shop that exists.
hero member
Activity: 546
Merit: 500
April 07, 2016, 03:27:37 AM
What are your opinions on paypal or bitcoin for online shopping?
paypal and bitcoin. both have their own advantages and disadvantages. but I prefer the BTC because it is very simple
hero member
Activity: 644
Merit: 509
April 07, 2016, 12:29:01 AM
Surely Bitcoin. Versatile and simple. Anyone can start using BTC anytime (except some tyrant countries  Roll Eyes)

- Anonymous Identity
- No banks needed
- Small fees
- Easy to make transactions

BItcoin is not true anonymous

http://gizmodo.com/a-friendly-reminder-bitcoin-is-not-anonymous-1682885318
Some effort is required to protect your privacy with Bitcoin. All Bitcoin transactions are stored publicly and permanently on the network, which means anyone can see the balance and transactions of any Bitcoin address. However, the identity of the user behind an address remains unknown until information is revealed during a purchase or in other circumstances. This is one reason why Bitcoin addresses should only be used once. Always remember that it is your responsibility to adopt good practices in order to protect your privacy.
https://bitcoin.org/en/you-need-to-know
hero member
Activity: 672
Merit: 500
April 06, 2016, 11:47:10 PM
i love BTC easy to use
no verification

Right, bitcoin don't need any verification personal information, like PayPal must have to do. Bitcoin can using anonymously and anyone can use it without exception.
sr. member
Activity: 2436
Merit: 343
April 06, 2016, 11:10:19 PM
i love BTC easy to use
no verification
legendary
Activity: 2646
Merit: 1106
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 06, 2016, 10:59:47 PM
Bitcoin is more safety than paypal because the security of paypal is easy to uprooted by carder.i prefer to use bitcoin,is more safety.

I think paypal is more safety than bitcoin. Paypal has many protection and have guarantee money back if you get scammed. And bitcoin is easy to use, small fee transaction and no need hard verification and registration. So both have their plus.
Once you start using bitcoin, you feel the difference. You can make easy transactions, very low fees, control is with you, don't want to seek for banks. After using you automatically switch to bitcoin.
sr. member
Activity: 420
Merit: 250
April 06, 2016, 09:55:37 PM
Bitcoin is more safety than paypal because the security of paypal is easy to uprooted by carder.i prefer to use bitcoin,is more safety.

I think paypal is more safety than bitcoin. Paypal has many protection and have guarantee money back if you get scammed. And bitcoin is easy to use, small fee transaction and no need hard verification and registration. So both have their plus.
legendary
Activity: 2240
Merit: 1069
April 06, 2016, 08:23:13 PM
I rely on paypal because it is in currency that can be transferred right to a bank account if needed and only wait for 3 business days to reach it to you so you can use it right away.
With Bitcoin you have to try and sell it for fiat then you can access it to use it for things that you want to buy like food and pay for bills.

You need 3 business to get your PayPal money to your bank account? That's quite a long time. I can sell my Bitcoins and get the money the same day in working days. But that's here in Europe, not sure where you are living.
In India also we are able to  get bitcoins to fiats conversion within same business day. Actually people are not looking for new services with bitcoin and they are simply continuing their old-high fee system, Paypal.

Just wait, people will soon realize the huge difference betwen bitcoin and paypal and how convenient bitcoin is. When it happens, people will start patronizing bitcoin. Services using bitcoin will follow soon enough. It is just a matter of time now before people start switching from paypal to bitcoin.
legendary
Activity: 1218
Merit: 1007
April 06, 2016, 08:02:01 PM
I rely on paypal because it is in currency that can be transferred right to a bank account if needed and only wait for 3 business days to reach it to you so you can use it right away.
With Bitcoin you have to try and sell it for fiat then you can access it to use it for things that you want to buy like food and pay for bills.

You need 3 business to get your PayPal money to your bank account? That's quite a long time. I can sell my Bitcoins and get the money the same day in working days. But that's here in Europe, not sure where you are living.
In India also we are able to  get bitcoins to fiats conversion within same business day. Actually people are not looking for new services with bitcoin and they are simply continuing their old-high fee system, Paypal.

Welll i thinked India costumers,that are several would be leaving paypal to get into the bitcoin system avoiding the high fees and maximizing their income,with their skills and knowledge im surprised the most keep with paypal.But well give time to time and we will see if will keep doing business with just paypal or will work with bitcoin as well.
A lot of people would be leaving PayPal to avoid the fees, but I doubt they would abandon it just because of the fees. I would rather keep using a service with higher fees than advertise another, more uncommon payment system and potentially losing some of my customer base.
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