Bitcoin Forum

how many wants this feature?
actually i love paypal service and hope that PayPal will add this feature in future.
by this process we can withdraw our btc any time in sec.just send btc to paypal then withdraw to bank.
whats your opinion is here any other service like paypal which accept bitcoin...?

I can not stand paypal and hope that crypto currencies eventually make them redundant,  they like visa and mastercard leave the merchant holding the bag when things go wrong,  >:(

EDIT:
By the way Paypal can barely secure their customer accounts as it is (There are thousands of hacked accounts waiting to be used) never mind look after any bitcoin you might trust them with.....

Well, you do have the option of buying paysafecards with bitcoin, just make sure you ask for a photo of the receipt and the card and that the receipt code matches the card code (if the receipt has the code in it as well).

Why would you want to add extra (exhorbitant) fees to any of your bitcoin transactions?
Why risk having your account and funds arbitrarily locked?
Why would you use a service which prohibits certain activities in their ToS, eg. gambling?
Why would you use a service where chargeback scammers run rampant?

No thanks, paypal is the worst.

if you means elling bitcoin and get money in your paypal account, there is coinimal which work great, already tried with a small amount(0.08)

but still i don't like the paypal fee for this kind of thing, too damn high

Completely agree. Why you use Paypal? we are using Bitcoins because we want something better than paypal.
I think Bitcoin is better in everyway than Paypal.

I think the fee associated with PayPal is too much. and also it is not accepted in all the countries.
Bitcoin is much better and reliable then PayPal.
Even if you want to convert your Bitcoins to dollars, you can use Payza. It has much better service.

I have heard Payza is much better than Paypal.
but i havent used it yet.
 

This will be actually a good feature. Mostly because paypal is accepted almost everywhere where as merchants accepting bitcoins are very limited. People seem to hate paypal here, but you guys gotta accept that its the most popular online paying service.

Why must paypal? payza is better than paypal. and perfectmoney,bitcoin too

deposit money in Paypal by bitcoin?

if comparison between this two, well Bitcoin is much better paypal though
Paypal is also a reliable source too. but if they work together that would be a good combination. :D

To make this happen,every paypal account will become  a bitcoin wallet.That would be nice  :)

Anyway paypal will be the middle man in the chain and will take fees without doing anything.

Btc to bank without pp is a more direct way.

That would be a good feature for paypal where you can convert bitcoin to fiat and fiat to bitcoin instantly.😀

That sums it up perfectly. The question is, why do people in this Bitcoin forum still want to use Paypal, after they have discovered something better? The very reason of why Bitcoin was invented is to escape from the stranglehold of the fraudulent, centralized fiat world. It makes me sad to see that people are willing to deliberately throw away their freedom for some kind of nanny service.

I'm happy of never having used Paypal, because there was never an advantage of using them, only disadvantages in the form of fees, risk of account locking, and sharing my personal information with advertisers and governmental spy agencies. No thanks. It is my hope that Bitcoin will ultimately help to transfer Paypal to the junkyard of history.

ya.ya.yo!

It's difficult because if your money in bitcoin form you need to exchange this before. It's will be complicated for PayPal to add this feature because PayPal is not an exchange site, Paypal only using fiat currency become their method.

I would love to be able to deposit money into my PayPal using Bitcoin, that way I'd get the best of both worlds  ;D I know a lot of people here don't like PayPal but personally I find it very useful even though the fees are a bit high. I think it's a matter of time before they start accepting Bitcoin deposits.



A few days ago I found out that Neteller is now accepting Bitcoin and Neteller is a payment processor like PayPal, so fingers crossed   ;)

what about those payza? Now I hear payza. how do earn payza?

I wants this feature?
Why?
Because still many online services and products we can't pay with Paypal.
Because of this I have to exchange my BTC funds through virwox service to paypal, what is very expensive way.
I hope someone, mybe you, will create cheaper and more easy way to exchange Bitcoin to Paypal.

I can withdraw my BTC to my bank via bitcoin local exchange in my country. well, I don't think PayPal will want to make this feature in the future. It's very risk for PayPal to make this feature.

i think these feature won't be available in paypal and also i was heard that some of paypal users switched to using bitcoin and i personally don't expect those feature because i had already comfortable using bitcoin even though i have paypal account and i think because the complicated requirements and high fees people will stay away from paypal including me

Actually it is not possible. Even though paypal is regulated by a central authority, but it also follows the rules of various countries. So it will be impossible for them to incorporate bitcoin.

However, there are lots of exchangers available in the market who will help you to exchange your bitcoin fund to your paypal account and then you can withdraw it to your bank account. I think this is a better option because if you use paypal directly, then you will have to declare your identity to them.

We should not rely too much on 3rd parties to do transactions with Bitcoin. We should deal directly with merchants and other people. These 3rd parties have their own ToS and you might just end up

breaking one of their stupid rules and regulations and be left without any coins. Just imagine the accumulated fees you have to pay, from the time when you buy the bitcoins, until you transferred it

to one of these services and paid for some product or services.  ::)  

I choose to use Bitcoin rather than Paypal if given a choice, and I'm finding more websites than ever with that choice available. Bitcoin is a competitor for Paypal and Paypal doesn't want to encourage its adoption by allowing people to deposit money by bitcoin.

I agree with you!  But the problem is, in other country especially mine, there are too few merchant that accept Bitcoin transaction.  Local online store  just have Credit Card, Visa Card, Paypal and other none crypto stuff as their mode of payment.  I can see as Bitcoin supporter, (for the sake of using Bitcoin and supporting it) I agree to go on this some kind of process even if it gives an add on fee.

I use a bitcoin debit card too, and I use that card behind Paypal. Why? It's much more secure that way, besides, it's the merchant that covers the Paypal fees, and saves me time to type the card details.

@ontopic don't you have a service in your country that allows you to instantly convert and deposit your bitcoin to your bank account? Pretty sure most major exchange do that.

I will choose bitcoin too if i had the option. Paypal will never permote bitcoins, that the reason they dont have option of bitcoin deposits, but no matter what paypal does, they cant stop the popularity of bitcoins.

the service is already in the structure and we use it all the time, it is just not advertised much

how do you turn to deposit bitcoin to paypal? my paypal account because I could. but right now I would not be able to open the account. By the way how to fix these problems?

No way. I wouldn't actually want that to happen since PayPal has some very large security issues.

Don't you actually know that there are thousands of PayPal accounts cracked every day?
I had a friend who is able to crack around 10 accounts a day. Good thing is he doesn't actually use the money. Rather, he emails the account owner to increase security on their account and he receives donations/tips.

Paypal never gonna allow this and even if you sell your bitcoins for paypal to any members here in the forum or outside they can ask for refund after you send them bitcoin as paypal is reversival and in most of the cases buyers win. So better to use other alternatives like getting bitcoin debit card and add it to paypal and purchase items.

PayPal is not Bitcoin friendly at all. If they found out your account has much related activities, they will hold your fund or close your account. Maybe you can get away with Coinbase and Bitcoin debt card.

yeah of course I wanted that to happen moreover bitcoin safe and secure paypal will also be illegal because there is no money coming into bitcoin directly. so paypal will never be disadvantaged if they receive deposit option with bitcoin
This course will provide benefits for both

I also use the services of paypal to my blog income. very happy if paypal could add deposit option with bitcoin. I've heard that the boss of paypal was very amazed by bitcoin. I think this is a signal positive of their interest
paypal hopefully can immediately accept bitcoin

Its better to deposit your money in bitcoin, you can have a great profit in depositing in bitcoin, If you deposit in paypal you will have a profit but it is very very small ammount

i don't know about PayPal whether they accept Bitcoin not. But, payza already have this option i.e., you can deposit as your country currency (if it was mentioned there) and convert it to Bitcoin or deposit as Bitcoin and withdrew as Fiat. Before that you've to verify your payza account in order to use this feature.

i don't think paypal will ever add this to their system, maybe they get into bitcoin someday with a new wallet that deals with bitcoin to get fees and use this opportunity but that day is far away. also nobody likes paypal, especially those who are using bitcoin, we all prefer using bitcoin and stay as far as possible from paypal.

i dont think it will be possible anytime sooner. rivalry is going on with paypal and btc. paypal is against btc and this fight wont solve imo. paypal blocks the account if it sees you trading paypal to bitcoin.

i am talking about the future when bitcoin is about to replace all forms of online money/payment systems. or in other words when paypal is removed from the scene by bitcoin, that is when they will do something about it in order to stay relevant; but not now.