PayPal receiving Bitcoin?! - page 3.

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Quote from: erickkyut on October 22, 2016, 09:40:20 PM

Quote from: caxandra on October 22, 2016, 08:53:33 AM

Probably the same reason why PayPal doesn't take Skrill as a funding method, Them being a competition and in the exact same market PayPal is in right now, I also know they discourage using BTC in Ebay as well and only using PayPal, I guess that might change in the future though when bitcoin goes mainstream.

Since Bitcoin is being well known worldwide and becoming more popular nowadays, I think it might surpass PayPal someday. Many people find it more convenient rather than using PayPal as a mode of payment.

The burning question is why would one use Paypal for bitcoin?We needed Paypal,Skrill etc to send or receive money because we had no choice but with the advent of bitcoin,we dont need PayPAl anymore

geopolisch

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Quote from: danherbias07 on October 05, 2016, 02:06:26 AM

Quote from: Ryananda on October 05, 2016, 01:48:19 AM

I'm not sure that paypal will accept bitcoin. Because obviously both very different systems. Might be a lot of changes if it happens because it takes a big change if paypal accept bitcoin. But I'm sure it will not happen.

That change could create a lot of problems with their website or their system so just better not do it. It will take longer maintenance which may also make their cutomers irritated and they could lose some users.

Whether they accept bitcoin or not, they are already loosing custmers. Paypal is too rigid in it policy which is scaring most people from iyt patform. I am one of the customers and paypal taken my money I have earned legitimately for so many times and they are not willing to let me get it back.

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Quote from: SAMKUSH on October 23, 2016, 07:06:11 AM

I think it will be very useful for sites that mainly accept bitcoin to be able to convert any income received in paypal to bitcoins. I receive alot of money from paypal and end up paying +15% to convert it to bitcoin. This is very expensive for me to do and takes me alot of time.

Sites e.g merchants are more likely to convert any income through Bitcoin to PayPal instead of vice versa.

I have to add that the far majority of the merchants use something as BitPay to handle every Bitcoin related transaction from beginning to end. They don't have to do that themselves.

In your case, where are you living? There must be ways to buy yourself into Bitcoin without paying ridiculously high premiums.

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I hope that PayPal will accept Bitcoin sometime and that it will be easier to buy Bitcoin via PayPal.

SAMKUSH

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I think it will be very useful for sites that mainly accept bitcoin to be able to convert any income received in paypal to bitcoins. I receive alot of money from paypal and end up paying +15% to convert it to bitcoin. This is very expensive for me to do and takes me alot of time.

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Quote from: erickkyut on October 22, 2016, 09:40:20 PM

Quote from: caxandra on October 22, 2016, 08:53:33 AM

Probably the same reason why PayPal doesn't take Skrill as a funding method, Them being a competition and in the exact same market PayPal is in right now, I also know they discourage using BTC in Ebay as well and only using PayPal, I guess that might change in the future though when bitcoin goes mainstream.

Since Bitcoin is being well known worldwide and becoming more popular nowadays, I think it might surpass PayPal someday. Many people find it more convenient rather than using PayPal as a mode of payment.

Yes, paypal gives too many problems to its users, it is very strict with its policies and many users are not happy about that. The reason why many people will be forced to use paypal is because there is no alternative for it, as we now have bitcoin I think in few years to come bitcoin will completely take the place of paypal in the entire world.

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Quote from: Hugroll on July 04, 2016, 09:20:33 AM

Quote from: erickkyut on July 04, 2016, 01:46:57 AM

May I know the reason why does Paypal do not accept bitcoin as payment and/or deposit?! I know that Bitcoin is known widely on the internet so Paypal should accept it as a mode of payment since their forte is through the internet. I hope that someday, PayPal will acknowledge Bitcoin and put it as one of the mode of payment in their site. It will be very convenient for us.

its because of the volatility of bitcoin, if paypal started converting bitcoins to paypal balance and vice versa, people would start using paypal as a bitcoin exchange which they probably dont like.

That is a good news if paypal accept bitcoin. In fact, It is dificult to find exchanger that accept paypal desposit to change into bitcoin.

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i think this will not happen in this short time but maybe for next year, paypal will be integrate their system with bitcoin and blockchain technology so the member of paypal can buying and selling bitcoin with their account directly.

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Unlike a lot of you guys, I don't think PayPal is the big evil empire anymore. They used to suck my ass when they were tied into Ebay, but I haven't had any problems with them. I use them for Ebay and I've used them to buy bitcoin. Can't say I like them better than bitcoin, because I don't.

My guess is that they see bitcoin as a threat to their business model, and they don't like the irreversible nature of it.

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Quote from: caxandra on October 22, 2016, 08:53:33 AM

Probably the same reason why PayPal doesn't take Skrill as a funding method, Them being a competition and in the exact same market PayPal is in right now, I also know they discourage using BTC in Ebay as well and only using PayPal, I guess that might change in the future though when bitcoin goes mainstream.

Since Bitcoin is being well known worldwide and becoming more popular nowadays, I think it might surpass PayPal someday. Many people find it more convenient rather than using PayPal as a mode of payment.

caxandra

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Probably the same reason why PayPal doesn't take Skrill as a funding method, Them being a competition and in the exact same market PayPal is in right now, I also know they discourage using BTC in Ebay as well and only using PayPal, I guess that might change in the future though when bitcoin goes mainstream.

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I think it's possible that Paypal would start accepting Bitcoins. It's basically just another currency like dollars, euro, that they already have. There are price fluctuations on those currencies too so I think that Paypal receiving Bitcoins wouldn't be that hard to implement. There's a problem, though. Because Bitcoin payments aren't reversible I think there should be some changes.

Nevertheless, Paypal can deal with this small problem by not accepting withdrawals with Bitcoin but only payments and deposits. This way, no Bitcoin money actually goes out of Paypal and Paypal can just regulate whatever Bitcoin they have in their account. That means even if someone scams you using Bitcoin as payment, you can still revert it because it's still on Paypal's primary wallet.

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Quote from: Sponsoredby15 on October 05, 2016, 06:06:04 AM

Quote from: Prettygirl01315 on October 05, 2016, 05:58:59 AM

Quote from: Yutikas_11920 on October 05, 2016, 05:48:29 AM

Quote from: Prettygirl01315 on October 05, 2016, 05:42:49 AM

Quote from: erickkyut on July 04, 2016, 01:46:57 AM

May I know the reason why does Paypal do not accept bitcoin as payment and/or deposit?! I know that Bitcoin is known widely on the internet so Paypal should accept it as a mode of payment since their forte is through the internet. I hope that someday, PayPal will acknowledge Bitcoin and put it as one of the mode of payment in their site. It will be very convenient for us.

Just because paypal use of dollars and hard currency only. Bitcoins and other alt coins are in the form of virtual currency which is money inside the internet only. It is created by some experts in computer all over the world. It is natural resources like gold, nickel, copper and etc.

Indeed it's something that makes the bitcoin into different currencies. Can we get something a good thing to be able to search for the good life in the bitcoin, so if we can use the bitcoin well then I am sure our lives will not be miserable. PayPal is a good currency, and I think if paypal can think well will surely accept bitcoin

Ahh well thought but just I have said bitcoin is like natural resources. For example like gold you earn gold through mining your land in the real world. So in cyberworld the mining of this currency is like gold you can mine and its value will bigger and bigger in the future as the supply will decrease. Law of demand and supply.

So definitely as you have said in your statement bitcoin have a chance to disappear in the future. If no more get in mining bitcoin. Then how bitcoin forms in cyberworld if you classified this currency as natural resources? Can you further details for this because you said real world and cyber world. Whats the differences between this two?

It won't disappear. Just one miner is enough to exist in order for Bitcoin to keep surviving. Regarding your question, it's really easy to differentiate the two worlds: cyber world is the one we're in when using our phones or any other technology. Real world is the one we have been born in.

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Quote from: Skarner21 on September 28, 2016, 06:37:07 PM

I heard that coinbase will partner in paypal but still now paypal still not consider bitcoin as mode of payment..
I think they are not accepting bitcoin because of many illegal activity in bitcoin also many people are using paypal for scam people before and they have no reverse payment in bitcoin unlike paypal.

Its beecause paypal are not sure about accepting bitcoin to make an payment option to some online stores maybe there working on it now lets have an patience to wait until the project was done how about those countries that using bitcoin as legal one? paypal should choose some countries that can use bitcoin to paypal.

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Quote from: c4s7or on October 05, 2016, 04:54:46 AM

I think Paypal wont survive in the long term if they dont use Bitcoin.

Bitcoin and Paypal are two different things and they aren't, in any way, depending on each other. Paypal would definitely survive even if they don't use Bitcoin simply because there would always be people avoiding and hating on Bitcoin. On the other hand, those people who knows the advantages that you can get from using Bitcoin will definitely stick to using Bitcoins.

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Quote from: Prettygirl01315 on October 05, 2016, 05:58:59 AM

Quote from: Yutikas_11920 on October 05, 2016, 05:48:29 AM

Quote from: Prettygirl01315 on October 05, 2016, 05:42:49 AM

Quote from: erickkyut on July 04, 2016, 01:46:57 AM

May I know the reason why does Paypal do not accept bitcoin as payment and/or deposit?! I know that Bitcoin is known widely on the internet so Paypal should accept it as a mode of payment since their forte is through the internet. I hope that someday, PayPal will acknowledge Bitcoin and put it as one of the mode of payment in their site. It will be very convenient for us.

Just because paypal use of dollars and hard currency only. Bitcoins and other alt coins are in the form of virtual currency which is money inside the internet only. It is created by some experts in computer all over the world. It is natural resources like gold, nickel, copper and etc.

Indeed it's something that makes the bitcoin into different currencies. Can we get something a good thing to be able to search for the good life in the bitcoin, so if we can use the bitcoin well then I am sure our lives will not be miserable. PayPal is a good currency, and I think if paypal can think well will surely accept bitcoin

Ahh well thought but just I have said bitcoin is like natural resources. For example like gold you earn gold through mining your land in the real world. So in cyberworld the mining of this currency is like gold you can mine and its value will bigger and bigger in the future as the supply will decrease. Law of demand and supply.

So definitely as you have said in your statement bitcoin have a chance to disappear in the future. If no more get in mining bitcoin. Then how bitcoin forms in cyberworld if you classified this currency as natural resources? Can you further details for this because you said real world and cyber world. Whats the differences between this two?

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Quote from: c4s7or on October 05, 2016, 04:54:46 AM

I think Paypal wont survive in the long term if they dont use Bitcoin.

i think it's exactly the opposite. at the time paypal accepts to work with bitcoin, then it will give people less incentive to use paypal as preferred payment option. eventually it will cost them a lot billions in lost revenue. i am quite sure that share holders of ebay will not allow that to happen. they are interested in a growing company, and not a company that gets destroyed from inside. Wink

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Quote from: Yutikas_11920 on October 05, 2016, 05:48:29 AM

Quote from: Prettygirl01315 on October 05, 2016, 05:42:49 AM

Quote from: erickkyut on July 04, 2016, 01:46:57 AM

May I know the reason why does Paypal do not accept bitcoin as payment and/or deposit?! I know that Bitcoin is known widely on the internet so Paypal should accept it as a mode of payment since their forte is through the internet. I hope that someday, PayPal will acknowledge Bitcoin and put it as one of the mode of payment in their site. It will be very convenient for us.

Just because paypal use of dollars and hard currency only. Bitcoins and other alt coins are in the form of virtual currency which is money inside the internet only. It is created by some experts in computer all over the world. It is natural resources like gold, nickel, copper and etc.

Indeed it's something that makes the bitcoin into different currencies. Can we get something a good thing to be able to search for the good life in the bitcoin, so if we can use the bitcoin well then I am sure our lives will not be miserable. PayPal is a good currency, and I think if paypal can think well will surely accept bitcoin

Ahh well thought but just I have said bitcoin is like natural resources. For example like gold you earn gold through mining your land in the real world. So in cyberworld the mining of this currency is like gold you can mine and its value will bigger and bigger in the future as the supply will decrease. Law of demand and supply.

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Quote from: Prettygirl01315 on October 05, 2016, 05:42:49 AM

Quote from: erickkyut on July 04, 2016, 01:46:57 AM

May I know the reason why does Paypal do not accept bitcoin as payment and/or deposit?! I know that Bitcoin is known widely on the internet so Paypal should accept it as a mode of payment since their forte is through the internet. I hope that someday, PayPal will acknowledge Bitcoin and put it as one of the mode of payment in their site. It will be very convenient for us.

Just because paypal use of dollars and hard currency only. Bitcoins and other alt coins are in the form of virtual currency which is money inside the internet only. It is created by some experts in computer all over the world. It is natural resources like gold, nickel, copper and etc.

Indeed it's something that makes the bitcoin into different currencies. Can we get something a good thing to be able to search for the good life in the bitcoin, so if we can use the bitcoin well then I am sure our lives will not be miserable. PayPal is a good currency, and I think if paypal can think well will surely accept bitcoin

Prettygirl01315

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Quote from: erickkyut on July 04, 2016, 01:46:57 AM

May I know the reason why does Paypal do not accept bitcoin as payment and/or deposit?! I know that Bitcoin is known widely on the internet so Paypal should accept it as a mode of payment since their forte is through the internet. I hope that someday, PayPal will acknowledge Bitcoin and put it as one of the mode of payment in their site. It will be very convenient for us.

Just because paypal use of dollars and hard currency only. Bitcoins and other alt coins are in the form of virtual currency which is money inside the internet only. It is created by some experts in computer all over the world. It is natural resources like gold, nickel, copper and etc.

Topic: PayPal receiving Bitcoin?! - page 3. (Read 6215 times)