Bitcoin Forum

Paypal has lost 57,000,000 users since January 2015   ;D

That's because people are realizing Bitcoin's potential.  ;D

That's incredible - have you got a source for this?

Not really.
Bitcoin's fee is only 0.0001 BTC which is only like 0.05 USD even if you transact like a million dollars.

I can not see how this is actually related to Bitcoin. And do you have any evidence for your statement?
I've recently had a read (http://www.reuters.com/article/us-paypal-hldg-results-idUSKCN0XO2KG) about that Paypal is in growing mode and attracts more and more users.

Paypal users fell from 230 million to 173 million users.

Statista has a chart showing the number of active users worldwide went up in the first quarter of 2016. I don't know how reliable statista's figures are or their source, but that chart shows Paypal has increasingly more customers since 2010.

http://www.statista.com/statistics/218493/paypals-total-active-registered-accounts-from-2010/

http://s32.postimg.org/auoynd71x/paypal.png

I don't believe that figure at all, but I can imagine they might not be growing very fast. They just lost Turkey and they were shut down in Greece during all the banking stuff. You've also got some new options for taking money online if you're a small business like Stripe.  

Paypal has partnered with bitcoin  ;D

Where and how? They've made some noises about it and filed some patents, most of which are never gonna see the light of day, but I ain't seen anything real yet.

I hope you're not talking about this: https://bitcointalk.org/index.php?topic=1489007.0

Lol.  ;D

Paypal sucks. I have not used them since 2013. And I never plan on using them again.
Bitcoin is taking over and soon paypal will fell the burn.

I can say really interesting Paypal to lose so I would assume that the user arrive more user groups.

I, for one, see it! 57 million people left PayPal to use Bitcoin instead. That explains the enormous rise of its exchange rate.

btc is futrue

my country doesn't accept paypal, of course, except for buying, but i can't receive payments, so it's useless for me

Because Paypal is so bad, the fees Paypal charge are so high. Paypal better reduce their fees soon, or I think they will continue losing more customer.

Maybe they lost some users, but i think only few went to bitcoin/crypto. I hope we get more ppl involved, but i dont see it happening anytime soon.

any official announcement? link ? news ?

I know for certain Bitcoin has not gained 57 million users around this time period, so it is not that they are migrating to Bitcoin, I feel as if they are fed up of Paypal's greedy system.

Oh by the way, there is no way to figure out how many Bitcoin users there are, but you can look at trends in price value (graphs) to get a rough estimate

They got kicked out of turkey too

SOURCES ???

No sources, just all fud. Dont even pay attention.

The question is, how many of them went back, maybe more than once.

8)

This is Bitcointalk. What is this "Sources" thing?

Bitcoin is the future, Paypal is just past

I would say that cryptocurrencies are the future, not Bitcoin. Bitcoin has its own flaws but nothing other cryptocurrency cannot replace.

Need some official source on this

Paypal finished and btc king winner profit bags

Did they stop counting all ebay users after they split the companies into separate companies?

even if they still dead dying dog shit.

I doubt that many people use Bitcoin. If they did the price would be much higher.

Bitcoin is more risky on ebay when you buy. As a seller Paypal is more risky.

As expected, Paypal will just lose more and more user everyday, crazy high fees and stupid chargeback system, buyer always create dispute to chargeback, I have a couple of bad experience with paypal, try to avoid paypal if possible

I am not surprised that PayPal has lost so many users in such a small amount of time. It seems like with more and more people finding out about Bitcoin and the potential that it has, many people are starting to invest in Bitcoin's future and leaving the alternatives behind. I still have a PayPal account but am someone who is more interested in Bitcoin, and think that it has a great future ahead.

It is not risky.. it's forbidden.
You all should know by now too but when this site allows crimes to happen then..
I think it's fraud using any virtual currency with Paypal has been since 2012 or longer.
You wouldn't know it by the fact staff here allow it though.

Get caught doing it and lose your money.
And you will get caught eventually and possibly have your account closed.

Read the TOS when you sign up..

 ::) cause we have found out new way to transfer money without any risky

Bitcoin is the future now and PayPal will going down.
Bitcoin better than PayPal .

bitcoin is more simple than paypal
so people will choose bitcoin, slowly paypal will be abandoned

just where are you getting these numbers from ??? ???
we need some proof  :-\

Because paypal can limit your accounts for moving around your money while it can not happen when someone is using bitcoin. ;D

No, that's because people are realizing the potential of scamming capability through paypal . Moreover paypal has got isolated and it is charging more than it ever did .

why it could happen with paypal?
for paypal too many apply a rule that is rigid and inflexible.
paypal too many suspicious of the user, whereas for the source of funds deposited in paypal paypal is not important to know where these funds came while not diminish the benefits for paypal.
paypal today known as moneylenders how not a lot of online companies have suffered losses as a result of freezing the action of payapl. so it is now the preferred means of payment other than paypal.

Nope, actually it's more complex to handle. Securitywise, of course. Than there's some download to be done, if you want to do it right you need your own Blockchain copy on harddisk. Not some stinky Website Wallet.

And then there is that advantage of PayPal utilising Email adresses instead of numbers. However I can imagine some service could offer the same based upon bitcoins, and even using a website wallet. Brand it "BitPal" or similar.

A company could push this through, applying pressure onto PayPal. But not going without that, it's not magically happening by mere market forces all alone.

PayPal isn't going ANYWHERE anytime soon. 95% of merchants accept it, and everyone has an account. Nothing is going to come along and replace it, least of all BTC. Most people have maybe heard of it, but have no idea how it works or how to get some.

Stripe is slowly getting integrated more and more, but it'll be a while before that's 'main stream'

No wonder with PayPal's attitude that people are looking anf going for better solutions, BitCoins :P

What is your source?

For my research the number is only increasing

I agree with you, there is still alot of users that accept paypal. 57 million users is a lot and I dont still believe that happened. If most users dont accept paypal funds, thats the time the paypal will die. But yeah this still wouldn't happen.

I agree - I don't think it necessarily means they transferred to bitcoin.

Crypto is still very alien, even unknown, to majority - it's still far from being THE thing.

Because there is a big fee in paypal that the consumer dont have also. Paypal is less job in cyberworld unlike bitcoin there is so many opportunities in bitcoin in cyberworld like trading, gambling, investing, forum and faucets. Just be patient in earning bitcoin and you will get what you want.

PayPal had to invest in its development. We need to improve. And he did not do, and by that such losses

Speaking of paypal they teamed up with coinbase.

sadly, I'm not one of those paypal users.

I know for certain Bitcoin has not gained 57 million users around this time period, so it is not that they are migrating to Bitcoin, I feel as if they are fed up of Paypal's greedy system.

Oh by the way, there is no way to figure out how many Bitcoin users there are, but you can look at trends in price value (graphs) to get a rough estimate

paypal will loose customers because if you have a balance above $100 then they will find a way to freeze your account and their customer service is shit,so this is not a surprising that they start loosing users.

Totally agree. Paypal limited my account twice! And that was horror to call them and ask to take off limits.

I trusted PayPal until I heard of the scamming capabilities of it. There are a lot of scams out there, so I should not trust it anymore. I prefer Bitcoin over any other payment method, but it just takes some time until Bitcoin will become popular worldwide.

with more options in the virtual world it is natural that people will use better payment services and i am not a fan of paypal either as they have blocked my accounts earlier and would unlock only months later which is difficult if you are doing business

People loves paypal for only their dispute system. Even I love paypal for this. I can take dispute easily from there :)  ;D

Yes, they may have lost some customer's especially the birth of virtual currency but, not 57,000,000 user's. Because an average folk on ebayass will prefer paypalass as form of payment. ;D

Thanks

Paypal will be well guarded, but now they are teamed up with coinbase.
You can exchange btc to pp money easy and fast so at this point there's no difference.

They are still big :) Even if they lost that many customers... Not that I'm not satisfied but can't know why anyone is still using their inefficient system specially merchants and vendors. They are practically losing money for using PayPal in fees and in chargebacks.

May they cleaned out all the fake accounts ^^

I never was a fan of paypal, so it is obvious they are losing customers.
And besides, there is no guarantee that they are losing customers because of bitcoin.

I think that may be due to the paypal account very limited when it receives money from unclean sources and makes them unable to perform transactions, this can make the user feel uncomfortable. But you can give specific evidence?
According to my opinion, the Bitcoin no significant impact on this.

People prefer bitcoin more than paypal dude.  
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It is quite normal, they will loose even more users. Many people start to use Bitcoin, so PayPal can only switch to Bitcoin, otherwise they will shut down in near future.

I think no one is much interested in using it any longer. Bitcoin is gradually taking over

Dude never gave a source. Bored guy full of hot air.

Bitcoin to this day and age probably has not reached 57 million users yet so paypal losing that many customers is because of their own foolish decisions and not because people are migrating to bitcoin.

Where i can found link or statement for make sure? There's not, as me know paypal rising growing up.