Bitcoin Forum

With Turkey residents losing a convenient option for sending and receiving payments online, the country’s online payment sector is gradually yielding to a free control market with the uptake in Bitcoin use.

You can read more about it : http://cointelegraph.com/news/paypal-stops-operating-in-turkey-online-payment-sector-turns-to-bitcoin

Bitcoin 1-0 Paypal.

This is a repost. Give me a minute, ill find the previous one for you.

https://www.google.com/url?q=https://bitcointalk.org/index.php%3Ftopic%3D1502521.0&sa=U&ved=0ahUKEwiY36Shh53NAhWEL6YKHaGUAjUQFggIMAI&client=internal-uds-cse&usg=AFQjCNF9RSJrW5vZ7cxCMgpa5e3ChqAtJw

hahaha that is a nice news. paypal has been known to be a bad service for online payments specially with their customer support when you are a victim of charge back and soon even if they don't ban a country people will switch to other methods of payment like bitcoin.

This is a different article, so it might be fine?

Anyway, stuff like this could really boost the adoption of Bitcoin by merchants. Unless we see some restrictions being imposed on the usage of Bitcoin in Turkey.
You just never know with Erdogan.

Again and again,bitcon lead from Paypal,and now europan country stop using Paypal,its a big slapt for Paypal,and i wish some countries follow Turkey to take future on their own.

Wishful thinking. 2.7 million is still somewhere around nothing in a country of that size even if some growth is encouraging. If the Turkish government shut them down then the Turkish government is gonna provide a local alternative.

China has alipay which is its largest third-party online payment solution. Similarly Turkey might invent its own alternative to paypal. However, if that alternative integrates Bitcoin into its system it could be bullish.

Yes paypal gone from turkey it is so important for bitcoin but turkish people dont know enough about how bitcoin  use and what can they do with bitcoin because of they need to learn more about bitcoin if they learn about bitcoin they will start to use in every area this is chance for bitcoin responsible people of bitcoin in turkey have to do some project for this problem

This is what happen when a govt try to over regulate its people. Paypal was a legitimate way to send and receive money and govt was earning taxes on it. Now that it has stopped, people will definitely turn to bitcoin and transact anonymously. Govt will loose the taxes.

Anyway people will give it a damn because nowadays there are so many options available to transact online and people are not at all dependent to paypal alone. RIP turkey govt logic!
 

maybe this could be like a lesson for others countries, but my feeling is like in the next years, we will see how govs start to jump into bitcoin in some way...

btw, this is another one good news for bitcoin, for sure, maybe paypal could learn the lesson too and start using bitcoin ;)

Wow! Bitcoin is really starting to surpass Paypal. Well that's not impossible since Bitcoin has the edge in terms of convenience, fast transaction, and low fees.

I like this phrase mentioned by Bitwala

We all want financial freedom. We don't want the fruits of our harwork  be controlled by the government and be taxable. That's one of the reasons why we want bitcoin. However in my opinion, if bitcoin become a legal currency worldwide, I think government will still take part on it.

the only reason why Paypal is still alive and working is that it was one of the first payment processors who started working online and has grown in popularity over this many years.

other than this i don't really see how paypal is better than bitcoin, they really aren't even comparable

Wow its a good news to our bitcoin community its help to introduce bitcoin in many people there and i think if all of online transaction made of bitcoin transaction in turkey theres a possibility that many country will use it too as a second option if paypal cant use in their country. But i think if they use it and they gain some information how to earn it they use it as a first option of payment in their country.

This sounds like good news but i fear that in a country like turkey with a dictator like edogan in power it wont last for long before the heavy hand is laid down.

Do you guys think now that PayPal has exited the Turkish market they will turn to Bitcoin or will develop a local alternative to PayPal? I haven't heard of any famous Turkish payment processor so maybe the government will try to develop one now from the ground up so as to accommodate the business needs of the Turkish companies and citizens? But it would be great if Turkey recognized Bitcoin as a legitimate digital currency and implemented it as an official payment method for online and offline purchases. This will probably have a positive impact on the price and make it to increase.

This is indeed an amazing opportunity for Bitcoin. It will definitely show people that we can fill PayPal's gap quite nicely. The sad thing is, when PayPal is able to renew its license there, most people will probably go back to PayPal. I just hope merchants keep both payment options... :)

Well a Turkish bitcoin exchange has been set up:

http://www.coindesk.com/btcturk-becomes-the-first-turkish-lira-to-bitcoin-exchange/

So they're good to go!

I think this is a really good development for bitcoin, it gains a lot of attention in turkey and even n the rest of the world.

on /r/turkey subreddit (or something) they even discussed this. So it's not even only limited to bitcoin-related forums and subreddits.

Indeed great news!
Decentralized network aka Bitcoin 1 - 0 centralized service aka Paypal
Let that be a lesson to everyone!

Great news for Bitcoin but hardly good news for Turkish citizens.
Lately I've been hearing some alarming news about Turkish government and its tensions with other countries mostly Germany and Russia.
Now I see they are problems with internal affairs too, because, let's be honest - how many countries have law so harsh that Paypal is forced to leave?

I wouldn't be surprised that Ankara will try to ban bitcoin in near future too.

Paypal is not being used in most of the countries specially developing countries due to foreign exchange rules and they are also gradually lossing places to operate with this rules. Bitcoin is free to trade and even government can't ban bitcoin so bitcoin will surely replace paypal from lots of places and bitcoin is being used in countries where paypal is not supported till now. Paypal are just out there who openely rob our hard earned money with high fee and limitation of our account. >:(

Well that is very good news for decentralized payment systems like Bitcoin which empowers the people with being fully in control of their own money but this begs the question if the Turkish government didn't approve of the PayPal license to operate in the country, will they approve of Bitcoin to be a legitimate payment method for online transactions? Now there is a big open space for other companies specializing in payment processing to swoop in and get a big market share but do you think the Turkish government will prefer Bitcoin firms rather than common fin-tech firms similar to Paypal?

this news makes me very happy mostly because i hate paypal and i hope they stop operating in all the countries. i mean the countries stop letting paypal even operating in their country before that so people can start to look around and find better solutions.

lets do it together

https://bitcointalk.org/index.php?topic=1506063.0

Paypal is trash and more and more people will start waking up from it, but maybe they react and start accepting BTC themselves. In fact I think they got some patents pending to add BTC in Paypal soon.

Guys I couldn't understand why the license of PayPal to operate in Turkey was revoked by the government. Honestly I thought at first that there are just not enough PayPal users in Turkey and that's why PayPal is leaving the Turkish market or there is another reason behind that decision? It would be interesting to see if Bitcoin will gain more traction now as a worthy alternative to PayPal becoming the preferred digital payment processor in Turkey.

paypal is died .  we have to use services like e-coin.io ( wirexapp.com soon )

debit card - bitcoin - remittance ( tripple power )

With this news Bitcoin usage in Turkey will increase paypal's lost is Bitcoin's gain many more countries are going to follow and with this,the future of crypto currency is brighter..

You know I never had issues with paypal until recently, depositing a few hundred and my account was limited when I needed it most. 3 days to open it up again, what I think of them trash is an understatement. I have heard talks for quite some time about them accepting bitcoin in future. I won't be using them again either way I'l just wait for more places to accept bitcoin.

Turkey has an ideal candidate in bitcoin hopefully it all goes smoothly and they turn fully to bitcoin over the next year. It will be huge for the future of crypto!?

YES!  Great news and of course the next digital option is Bitcoin.  I hope this is a trend we will see in the near future.

Seems like it could be great news on the face of it but we'll have to wait & see. Would be fantastic if PayPal users in Turkey migrate to bitcoin now.

I think there will be a slight migration, but I don't think the entire online sector for Turkey is just going to switch to Bitcoin; maybe something like 10%-23% will migrate, maybe with a slight trickle after that but I don't think we'll see major moves aside from that. I could be wrong, but I guess we'd just have to see what they decide.

This is good news that they choosen bitcoin than paypal.. honestly its hard to use the paypal many verification before you can withdraw or deposit.. unlike bitcoin  anytime without asking your identity you can withdraw or deposit..

AFAIK, PayPal stopped in Turkey because the government there did not allow them, so this same government may work on fighting bitcoin and make it illegal !

Agree.There are couple of reasons for it.Myself being from a developing country I have a better idea why people don't use paypal here expect for those traders or money launderers.

1.Too much competitors in the same market,instead of paying high service fees to paypal ,people choose to use our own digital payment system which doesn't rely on stuff like document verification or delayed payments .Everything happens quite instantly and have instant customer support.

2.Paying with Debit/ATM cards is at full swing here without the use of any 3rd party payment processors.No one takes trouble of maintaining online accounts.Simply pay through card with your bank's native API and its done.


Trust me,if a government can boycott paypal ,I'm very sure they would object bitcoin in some or the other way.Making it illegal is way beyond.That would just restrict the usage of it but they can't stop people from using it. 

what was the reason? 1% decided?