Topic: Paypal VS Bitcoin (Read 2373 times)
For my side I will choose to bit coin because my goal is to make a huge profit in the future. I’ll prefer to bit coin because their price will increase and make double your money and yes their price also will decrease but nothing worry about it because we know already that bitcoin is having a volatile price but if our goals is to make double profit we can wait the right time to invest and sell.
Although Bitcoin is known as its dollar, but now there is a Bitcoin wallet whose system works similar to Paypal, which can sell / buy balances.
Why Paypal?
Paypal is already used by many online companies. Unfortunately, Paypal must be verified using a credit card.
If not verified to worry about the limit and the sale balance is relatively very difficult.
Paypal Alternatives?
In the past many people were happy with the presence of Liberty Reserve (LR). No credit card required, we can sell LR balance and receive rupiah. Unfortunately, now LR live a name because the site is closed.
I haven't tried and don't know what paypal is so I don't know how to answer but thank you for the idea, and now for me based on what I have red, I will still prefer bitcoin over paypal although Paypal nowadays has been widely used by many companies, I still go for bitcoin. Why Paypal?
Paypal is already used by many online companies. Unfortunately, Paypal must be verified using a credit card.
If not verified to worry about the limit and the sale balance is relatively very difficult.
Paypal Alternatives?
In the past many people were happy with the presence of Liberty Reserve (LR). No credit card required, we can sell LR balance and receive rupiah. Unfortunately, now LR live a name because the site is closed.
Although Bitcoin is known as its dollar, but now there is a Bitcoin wallet whose system works similar to Paypal, which can sell / buy balances.
Why Paypal?
Paypal is already used by many online companies. Unfortunately, Paypal must be verified using a credit card.
If not verified to worry about the limit and the sale balance is relatively very difficult.
Paypal Alternatives?
In the past many people were happy with the presence of Liberty Reserve (LR). No credit card required, we can sell LR balance and receive rupiah. Unfortunately, now LR live a name because the site is closed.
Why Paypal?
Paypal is already used by many online companies. Unfortunately, Paypal must be verified using a credit card.
If not verified to worry about the limit and the sale balance is relatively very difficult.
Paypal Alternatives?
In the past many people were happy with the presence of Liberty Reserve (LR). No credit card required, we can sell LR balance and receive rupiah. Unfortunately, now LR live a name because the site is closed.
I choose both of them.. I can earn money on Paypal and I can buy bitcoin with the money I earn..
I may not be a regular user of Paypal but if it comes to convenience - I think that Paypal is favorable over Bitcoin. More entities accept Paypal as compared to Bitcoin since it is adopted in many parts of the world. Also, there is the complication of high transaction fees and long confirmation time for Bitcoin. Although the same may be said with Paypal, I still think that Bitcoin still needs to work on those issues for it to be at par with a payment system such as Paypal.
I don't like PayPal. I never use their services. It seems to me that the growing popularity of bitcoin will ruin this system. It was good in the 20th century, but it's the 21st century. It does not meet today's requirements. Gradually, all its customers will switch to the use of cryptocurrencies.
if i use to buy some ting i chose paypal,but if i invest for future i will chose btc,it make more profit
There is a big rivalry happen between the two. Bitcoin is a really a threat from paypal since many people support bitcoin and fastly sees them as a number one company in crypto.
Paypal is the number one bank service provider in the whole world and it is known a strong competitor of different commercial banks in the industry.
In my own opinion and based from the opinions of some experts bitcoins is really a threat from their business operation the fast growth of bitcoin is quite alarming for their since the bitcoins can replace them in the industry.
In my own opinion and based from the opinions of some experts bitcoins is really a threat from their business operation the fast growth of bitcoin is quite alarming for their since the bitcoins can replace them in the industry.
I will choose bitcoin. because I think bitcoin is better than Paypal.
PayPal can indeed meet cross-country transaction needs, but only in areas that reach only. As a registered e-payment from the United States, the PayPal system does not apply in the countries whose names are listed in the US blacklist. On the other hand, Bitcoin as a decentralized crypto currency is not restricted by any country policy and reaches all countries that have an internet network.
PayPal can indeed meet cross-country transaction needs, but only in areas that reach only. As a registered e-payment from the United States, the PayPal system does not apply in the countries whose names are listed in the US blacklist. On the other hand, Bitcoin as a decentralized crypto currency is not restricted by any country policy and reaches all countries that have an internet network.
This question is just like short term or long term question, yes , let's say that in PayPal you can buy through any merchants in the whole wide world but it depends on how much money you deposit into a PayPal account, unlike bitcoin, as long as you have the seed or any information's that you have concerning to your wallet, it will never matter on how much you deposit because it will continue to increase or decrease, at least there will be a volume of source unlike PayPal money always go out and most important is that there is no volatility at all. Decision depends on you.
It is a question of Centralized vs Decentralized and Regulated vs Unregulated. Paypal is just a bank that follows the governments rules and regulations compared to bitcoin that the user has its own controls.
I choose bitcoin. PayPal fully supports all the restrictions of the government. Bitcoin became popular because there are no rules. It is a system that is not subject to anyone. Happy bitcoin to all of its users. PayPal has no prospects. It will exist only as long as bitcoin will fix all their shortcomings.
i will choose bitcoin, i can leave my money on a cold wallet and let it grow without doing anything. bitcoin price will continue to surge and will reach another milestone this year. on the other hand paypal will still sit on what they were on last year. you can buy and sell goods but the profit compare to bitcoin will be a big difference.
You are right, I prefer bitcoin because bitcoin is anonymous and there is no need to verify anything unlike paypal that needs to verify your account first. Also paypal is very strict and always a high chance of limiting your account. The value of money in paypal is always fixed because it's fiat and bitcoin price always have the chance to increase.
Why even have PayPal as an option? They're just an online bank
Bitcoin wallet is also an online bank to most of us already. There's no need to compare PayPal and bitcoin anymore, we know what's the different of it and since this is a bitcoin forum most of the answers will be majority in bitcoin too.It's quite clear that Bitcoin is much more beneficial in this case. Just like any other cryptocurrency that promises gaining profits in the nearest future.
It's beneficial in a way that if you don't want to convert it to your local currency there will be two possible results, it's either it will increase due to fluctuations or it will be done.Unlike in PayPal, if you'll just hold there nothing will happen.
I think that each has it’s pros and cons. For now, paypal may be the better option when it comes to regular use because I don’t know much entities which accept BTC as a payment while Pypal is pretty much accepted almost anywhere. However, there are many differences from the two making it hard to conpare because they have different functions which vary depending on the need and convience. One may be better for one aspect, while the other for another.
i will choose bitcoin, i can leave my money on a cold wallet and let it grow without doing anything. bitcoin price will continue to surge and will reach another milestone this year. on the other hand paypal will still sit on what they were on last year. you can buy and sell goods but the profit compare to bitcoin will be a big difference.
If you do recieve payment on bitcoin form then possibilities or chances on making even more profits is there since price of bitcoin is really volatile it may rise up and go down too this is why we should really know the risk involve on it but as we all saw on the progress of btc for longer terms we can somehow convinced ourself that it is really worth of to hold on.depend on your needs and situation, i prefer bitcoin for investing than sell/or buy something recently
For now on the recent issues of bitcoin when it comes to fees and confirmation times then the best thing to treat it is by means of investment which is just on simply holding it.
depend on your needs and situation, i prefer bitcoin for investing than sell/or buy something recently
i will choose bitcoin, i can leave my money on a cold wallet and let it grow without doing anything. bitcoin price will continue to surge and will reach another milestone this year. on the other hand paypal will still sit on what they were on last year. you can buy and sell goods but the profit compare to bitcoin will be a big difference.
if you have 5,000 gifts and Asked to get it with
1) Paypal: Buy/Sell everything all over the world.
2) Bitcoin: your money will increase/ decrease in future.
which one will choose?
Paypal is not a currency in itself. while Bitcoin is a currency. Paypal won't give you opportunity to interact in a decentralized platform while bitcoin gives you that. If we see as a general preposition bitcoin can actually overtake any limitation of paypal. 1) Paypal: Buy/Sell everything all over the world.
2) Bitcoin: your money will increase/ decrease in future.
which one will choose?
I still choose bitcoin although the possibility that it will decrease the value still the chance to make it high is big.
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