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Title: Bitcoin Vs. Paypal Post by: barneystinkcoin on September 03, 2014, 08:54:33 AM Well, while reading at it. Bitcoin had been a challenger to paypal. Which is more useful and highly digitalized currency now? What do you think or which do you prefer? ;D ;D ;D ???
Title: Re: Bitcoin Vs. Paypal Post by: Neg on September 03, 2014, 08:56:52 AM Probably kinda silly asking what people prefer on a bitcoin forum. Most people generally hate PP around here, though I admit it has its uses but is far to easy to commit chargeback fraud or be a victim of it and thats why people wont use it round here.
Title: Re: Bitcoin Vs. Paypal Post by: Buziss on September 03, 2014, 09:06:44 AM Well, while reading at it. Bitcoin had been a challenger to paypal. Which is more useful and highly digitalized currency now? What do you think or which do you prefer? ;D ;D ;D ??? The tx fee is much higher for Paypal than bitcoin. You can easily lose your Paypal balance in a chargeback, and the dispute resolution is very bad IMO. So, I prefer bitcoin to paypal. Title: Re: Bitcoin Vs. Paypal Post by: Whitehouse on September 03, 2014, 09:09:25 AM Well, while reading at it. Bitcoin had been a challenger to paypal. Which is more useful and highly digitalized currency now? What do you think or which do you prefer? ;D ;D ;D ??? The tx fee is much higher for Paypal than bitcoin. Is it? You can send and recive payments for free on Paypal and I often do, You can easily lose your Paypal balance in a chargeback, and the dispute resolution is very bad IMO. True, but there's also the flipside with bitcoin. If you lose your balance due to fraud or hacking those coins are gone forever and you're not going to get them back so swings and roundabouts really. Title: Re: Bitcoin Vs. Paypal Post by: Buziss on September 03, 2014, 09:21:14 AM Is it? You can send and recive payments for free on Paypal and I often do, It is the case only if you send it as "gift" and within the same country. True, but there's also the flipside with bitcoin. If you lose your balance due to fraud or hacking those coins are gone forever and you're not going to get them back so swings and roundabouts really. You are right, but I can accept the loss if it happens because I did something wrong (like clicking a phishing link or downloading a malware). On the other hand, I don't feel right getting scammed by someone else. Of course as Neg said above, you will very likely see a one-sided preference here on bitcointalk. :) Title: Re: Bitcoin Vs. Paypal Post by: shogdite on September 03, 2014, 09:26:19 AM Well, while reading at it. Bitcoin had been a challenger to paypal. Which is more useful and highly digitalized currency now? What do you think or which do you prefer? ;D ;D ;D ??? The tx fee is much higher for Paypal than bitcoin. Is it? You can send and recive payments for free on Paypal and I often do, You can easily lose your Paypal balance in a chargeback, and the dispute resolution is very bad IMO. True, but there's also the flipside with bitcoin. If you lose your balance due to fraud or hacking those coins are gone forever and you're not going to get them back so swings and roundabouts really. Paypal is the scourge on these forums so I doubt you'll find much support here. I've 'lost' my entire Paypal balance before thanks to a payment reversal, something that would be impossible to do with bitcoin. I wont even go into all the Paypal accounts they've frozen... http://www.paypalsucks.com/ Title: Re: Bitcoin Vs. Paypal Post by: barneystinkcoin on September 03, 2014, 10:23:09 AM Hmmm Paypal has been around more than bitcoin right? One question, is there another paypal-like org that I can use to transact online?
Title: Re: Bitcoin Vs. Paypal Post by: Muhammed Zakir on September 03, 2014, 10:46:41 AM Both Paypal and Bitcoin has its own merits and demerits. Bitcoin isn't reversible but Paypal is. Sometimes 'reversible' helps and sometimes it doesn't. I can't say Paypal is bad or better, I see both in same position. Anyway, everything such as seeing a thing will differ from person to person. Anyway, you will have take a decision of your own and must take responsibilities of all the consequences. :)
~~MZ~~ Title: Re: Bitcoin Vs. Paypal Post by: Whitehouse on September 03, 2014, 10:46:51 AM True, but there's also the flipside with bitcoin. If you lose your balance due to fraud or hacking those coins are gone forever and you're not going to get them back so swings and roundabouts really. You are right, but I can accept the loss if it happens because I did something wrong (like clicking a phishing link or downloading a malware). On the other hand, I don't feel right getting scammed by someone else. Of course as Neg said above, you will very likely see a one-sided preference here on bitcointalk. :) True in that case, but there's also the possibility of getting scammed by a merchant. Imagine buying something with btc and they never sent the item. At least with PayPal there's a good chance you can get your money back, though of course there is also the possibility of fraud being commited on the merchant this way too. Title: Re: Bitcoin Vs. Paypal Post by: marcoman22 on September 03, 2014, 10:52:03 AM Bitcoin works in a different way than paypal as there is no charge back after you received, what you have payed for and also bitcoin is easy to use in comparison to paypal.
Title: Re: Bitcoin Vs. Paypal Post by: FlatTime on September 03, 2014, 11:00:10 AM Bitcoin is cheaper and faster, paypal 3.4% fee. Title: Re: Bitcoin Vs. Paypal Post by: NeuroticFish on September 03, 2014, 11:05:25 AM I hope that I will not be considered off-topic, but if you take a better look around, there are coins with much lower tx fees than bitcoin and even faster transaction speed (one example is dogecoin, but I am sure it's not the only one).
The only problem is that you may need to convert the coin to bitcoin before exchange it back to fiat. The only real problem with cryptos vs paypal is that your transaction is not insured. If you got scammed, bad luck. But at some point, soon, a company may wake up and fill this gap. Title: Re: Bitcoin Vs. Paypal Post by: oceans on September 03, 2014, 12:09:37 PM Bitcoin for me, the fee's are definitely not as high as PayPal's which I feel is quite extortionate now and you don't have the problem with people trying to make chargebacks like you do with PayPal meaning you can easily get scammed.
Title: Re: Bitcoin Vs. Paypal Post by: Whitehouse on September 03, 2014, 12:31:48 PM Bitcoin for me, the fee's are definitely not as high as PayPal's which I feel is quite extortionate now and you don't have the problem with people trying to make chargebacks like you do with PayPal meaning you can easily get scammed. As already discussed you can send payments via paypal for free just like you can with btc. Usually the heavy fees come in when you use it with ebay. I do hope that bitcoin will force paypal and ebay to lower their fees or change they ways they do business. Title: Re: Bitcoin Vs. Paypal Post by: CoinDiver on September 03, 2014, 01:37:36 PM This is stupid. It's like comparing PayPal to USD. Sure, there are less transaction fees if you mail cash. WHO CARES? PayPal can harness bitcoin to make itself and bitcoin stronger. PayPal will (mark my words) become the first and largest bitcoin escrow/mediator service in the world. It is a natural extension of what PayPal already does. PAYPAL WILL MAKE BITCOIN SAFE FOR THE GENERAL PUBLIC. PayPal is how bitcoin begins to take over the world. If they're smart, they'll make a killing at it.
Title: Re: Bitcoin Vs. Paypal Post by: Ayers on September 03, 2014, 03:15:15 PM bitcoin is vastly better, decentrilized, faster, no big fee, no charge back(i really hate those, some scammers us this to scam people)
Title: Re: Bitcoin Vs. Paypal Post by: jersey19957 on September 03, 2014, 03:45:53 PM Bitcoin is technologically superior, what paypal got on us is mass adoption. Once ebay accepts btc its game over for paypal.
Title: Re: Bitcoin Vs. Paypal Post by: deebob on September 03, 2014, 04:23:28 PM The truth is Paypal has some advantages such as buyer protection, which would prevent a lot of scams we see here. Bitcoin is wonderful technology but it cannot be said to be better for buyers in my opinion.
Title: Re: Bitcoin Vs. Paypal Post by: notlist3d on September 03, 2014, 04:27:03 PM It depends if your talking as buyer or seller. Buyer paypal offers protection, you can get protection via escrow or using a trusted member. But as a seller paypal makes it harder for sellers. It makes it where selling currency via ebay is hard to do among other things.
Title: Re: Bitcoin Vs. Paypal Post by: mrhelpful on September 03, 2014, 05:35:58 PM Paypal fuks you over in business by limiting your account on large transactions or even small ones over a period of time.
This happens to almost everyone I know who dealt with paypal. Title: Re: Bitcoin Vs. Paypal Post by: CoinDiver on September 03, 2014, 05:54:08 PM Been dealing with paypal for over 10 years. I acknowledge that there have been disagreements on dispute resolution. Otherwise, they've never screwed me without reason.
Title: Re: Bitcoin Vs. Paypal Post by: Gundulmu on September 03, 2014, 07:13:01 PM Bitcoin Vs. Paypal
i choose bitcoin because i use bitcoin Title: Re: Bitcoin Vs. Paypal Post by: minerpumpkin on September 03, 2014, 08:24:20 PM Well, while reading at it. Bitcoin had been a challenger to paypal. Which is more useful and highly digitalized currency now? What do you think or which do you prefer? ;D ;D ;D ??? PayPal isn't a currency. There's no denomination "PayPal". It's merely an online account and a service, just like a Credit Card. if can be used to purchase goods and services over the Internet and is being used to protect consumers from fraud and scams. Bitcoin, on the other hand, is a currency. But it needs services like PayPal! Title: Re: Bitcoin Vs. Paypal Post by: blablaace on September 03, 2014, 08:26:17 PM "If you value liberty, then you should value bitcoin." ;)
Title: Re: Bitcoin Vs. Paypal Post by: cashmoney on September 04, 2014, 02:59:26 AM Paypal fuks you over in business by limiting your account on large transactions or even small ones over a period of time. This happens to almost everyone I know who dealt with paypal. Like how big? A couple of thousand dollars or what? Title: Re: Bitcoin Vs. Paypal Post by: jumbo john on September 04, 2014, 06:15:22 AM "If you value liberty, then you should value bitcoin." ;) But you cannot use bitcoin anywhere you go? Title: Re: Bitcoin Vs. Paypal Post by: Slark on September 04, 2014, 06:48:56 AM It is really silly question to be asked here. But in general there is one answer really. If you can use bitcoin to buy something you should use that way. It is the most tax-free method. So there is no better way to buy stuff online really...
Title: Re: Bitcoin Vs. Paypal Post by: yoni on September 04, 2014, 07:12:28 AM Well, while reading at it. Bitcoin had been a challenger to paypal. Which is more useful and highly digitalized currency now? What do you think or which do you prefer? ;D ;D ;D ??? The tx fee is much higher for Paypal than bitcoin. Is it? You can send and recive payments for free on Paypal and I often do, You can easily lose your Paypal balance in a chargeback, and the dispute resolution is very bad IMO. True, but there's also the flipside with bitcoin. If you lose your balance due to fraud or hacking those coins are gone forever and you're not going to get them back so swings and roundabouts really. must be carefully so there are no exposed bitcoin theft or hacking. Title: Re: Bitcoin Vs. Paypal Post by: claud732 on September 04, 2014, 08:05:34 AM I think bitcoin payment systems will become more and more popular soon, because of lower (or non-existent) fees.
I hope to be soon able to pay in virtual currencies just like Paypal. Title: Re: Bitcoin Vs. Paypal Post by: lamaze on September 04, 2014, 12:53:52 PM Been dealing with paypal for over 10 years. I acknowledge that there have been disagreements on dispute resolution. Otherwise, they've never screwed me without reason. Correct. They have a rep to protect. Title: Re: Bitcoin Vs. Paypal Post by: Buziss on September 04, 2014, 01:05:12 PM Well, while reading at it. Bitcoin had been a challenger to paypal. Which is more useful and highly digitalized currency now? What do you think or which do you prefer? ;D ;D ;D ??? The tx fee is much higher for Paypal than bitcoin. Is it? You can send and recive payments for free on Paypal and I often do, You can easily lose your Paypal balance in a chargeback, and the dispute resolution is very bad IMO. True, but there's also the flipside with bitcoin. If you lose your balance due to fraud or hacking those coins are gone forever and you're not going to get them back so swings and roundabouts really. must be carefully so there are no exposed bitcoin theft or hacking. Exactly. That is a major point of bitcoin. You are your own bank, you are the one controlling and safe-guarding the money. Title: Re: Bitcoin Vs. Paypal Post by: FlyForFun on September 04, 2014, 01:11:27 PM Well, while reading at it. Bitcoin had been a challenger to paypal. Which is more useful and highly digitalized currency now? What do you think or which do you prefer? ;D ;D ;D ??? The tx fee is much higher for Paypal than bitcoin. Is it? You can send and recive payments for free on Paypal and I often do, You can easily lose your Paypal balance in a chargeback, and the dispute resolution is very bad IMO. True, but there's also the flipside with bitcoin. If you lose your balance due to fraud or hacking those coins are gone forever and you're not going to get them back so swings and roundabouts really. must be carefully so there are no exposed bitcoin theft or hacking. Exactly. That is a major point of bitcoin. You are your own bank, you are the one controlling and safe-guarding the money. I actually prefer bank to guard my money, at least I blame them for losing my money. Title: Re: Bitcoin Vs. Paypal Post by: Buziss on September 04, 2014, 01:34:35 PM That is a major point of bitcoin. You are your own bank, you are the one controlling and safe-guarding the money. I actually prefer bank to guard my money, at least I blame them for losing my money. Well you are not alone then. Some bitcoiners still now prefer to store their bitcoin on exchanges and let the site hold and protect the bitcoin, even after the hack and bankruptcy of mtgox. Title: Re: Bitcoin Vs. Paypal Post by: obocaman on September 04, 2014, 05:55:18 PM Paypal is not a currency so judging from there, the question is imo incorrect.
Title: Re: Bitcoin Vs. Paypal Post by: Fearless on September 04, 2014, 06:24:30 PM Bitcoin is not a challenger to paypal as paypal is a centralized system and bitcoin is the opposite.The topic of comparison doesn't even arises between these two.Paypal is moreover a payment gateway while bitcoin is a virtual currency.
Title: Re: Bitcoin Vs. Paypal Post by: King Agamemnon on September 05, 2014, 05:07:15 AM Bitcoin is not a challenger to paypal as paypal is a centralized system and bitcoin is the opposite.The topic of comparison doesn't even arises between these two.Paypal is moreover a payment gateway while bitcoin is a virtual currency. right..so, what do you think is more safer? Bitcoin or paypal? Title: Re: Bitcoin Vs. Paypal Post by: koshgel on September 05, 2014, 09:40:43 AM PayPal is a shitty company in general but it is more widespread/known and has credibility. Bitcoin is 100x better and will surpass it in the future when it has enough exposure and acceptance.
Title: Re: Bitcoin Vs. Paypal Post by: symphony on September 05, 2014, 12:23:23 PM Reasonably new to bitcoin but must admit I am surprised how easy it is use, once you get over the initial small learning curve.
Title: Re: Bitcoin Vs. Paypal Post by: urumchi on September 05, 2014, 01:32:47 PM PayPal was interesting when it just started. I recall they were giving $5 to every new customer and there were no fees for personal accounts. It's a kind of crap now.
Title: Re: Bitcoin Vs. Paypal Post by: BunsenBurner on September 05, 2014, 07:27:31 PM Bitcoin is superior to paypal for the low cost and decentralization, and I prefer bitcoin (obviously). :P
BTW, you may want to take a look at the following two articles. http://fortune.com/2014/06/05/paypal-bitcoin-future/ http://www.reuters.com/article/2014/08/14/us-bitcoin-ebay-idUSKBN0GE2D420140814 Title: Re: Bitcoin Vs. Paypal Post by: BobbyChen on September 06, 2014, 09:08:25 PM That is a major point of bitcoin. You are your own bank, you are the one controlling and safe-guarding the money. I actually prefer bank to guard my money, at least I blame them for losing my money. Well you are not alone then. Some bitcoiners still now prefer to store their bitcoin on exchanges and let the site hold and protect the bitcoin, even after the hack and bankruptcy of mtgox. That's hilarious actually. One of the most important advantages of cryptocurrencies is that you are your own bank. Title: Re: Bitcoin Vs. Paypal Post by: BeginToMine on September 07, 2014, 05:32:21 AM The best con that BTC has, you never have to deal with chargebacks.
Title: Re: Bitcoin Vs. Paypal Post by: BeginToMine on September 07, 2014, 11:45:07 AM There are rumors that PayPal soon will be accepting Bitcoins. Can you provide some source of that rumor ? Title: Re: Bitcoin Vs. Paypal Post by: silvestar on September 07, 2014, 04:57:21 PM There are rumors that PayPal soon will be accepting Bitcoins. Can you provide some source of that rumor ? I guess he is talking about the following June news. http://fortune.com/2014/06/05/paypal-bitcoin-future/ Title: Re: Bitcoin Vs. Paypal Post by: DhaniBoy on September 07, 2014, 11:09:36 PM between bitcoin and paypal are 2 different things, bitcoin is cryptocurrency that can be exchanged into real money and even some that can immediately be spent, whereas paypal is a kind of bank that can only distribute money in the paypal account, but there are similarities between bitcoin and paypal which both require internet connection when you want to use it ... 8)
Title: Re: Bitcoin Vs. Paypal Post by: umair9829 on September 08, 2014, 12:35:16 AM Paypal is not available in many countries but bitcoin is available worldwide.
Title: Re: Bitcoin Vs. Paypal Post by: AltcoinInvestor on September 08, 2014, 12:44:09 AM paypal is gonna buy bitcoin corp. ;D
I'm just kidding, paypal was a good payment processor before 2012 (I'm using it since 2007 to get some payments). But then I discovered bitcoin. Now bitcoin is quite better than paypal. Why? 1- Cheaper transactions: Let's say you send 100$ to a friend via paypal: You've to pay %3.5 fee, 103.5$ also paypal is gonna charge your credit cart %1-2 more because of your local currency. You payed 105$. If you send via bitcoin? You only pay 10k satoshi (4-5 $ cents) Also your friend have to wait 1-2 business days to withdraw money from paypal. How long does it take to spend bitcoin? Mostly 1 hour tops... Title: Re: Bitcoin Vs. Paypal Post by: b!z on September 08, 2014, 02:50:59 AM At the moment, I think Bitcoin is actually a big competitor to PayPal, because:
* It's accepted at many online stores, such as TigerDirect and NewEgg * You can indirectly use it to shop at even more stores using services like Gyfy, or exchanging for cash * Many people now know about Bitcoin and how it works. You could say that it has become mainstream (almost?) A few years ago, PayPal was obviously the better payment platform if you were just a consumer. Title: Re: Bitcoin Vs. Paypal Post by: altcoinlady on September 08, 2014, 03:21:56 AM At the moment, I think Bitcoin is actually a big competitor to PayPal, because: * It's accepted at many online stores, such as TigerDirect and NewEgg * You can indirectly use it to shop at even more stores using services like Gyfy, or exchanging for cash * Many people now know about Bitcoin and how it works. You could say that it has become mainstream (almost?) A few years ago, PayPal was obviously the better payment platform if you were just a consumer. Maybe it needs a few more years to become mainstream. I still think majority of the people knows about paypal than btc. Title: Re: Bitcoin Vs. Paypal Post by: littlewizard on September 08, 2014, 06:01:09 AM Definitely Bitcoin is much better than Paypal, to be honest, I have never used Paypal, I signed up an account few years ago, but it doesnt allow me to make payment.
Title: Re: Bitcoin Vs. Paypal Post by: BJay87 on September 10, 2014, 06:38:38 AM The thing is, paypal will never ever f up your account if you did not do something wrong with it. Before you judge paypal, dig for some information.
Title: Re: Bitcoin Vs. Paypal Post by: Gianluca95 on September 10, 2014, 10:48:07 AM Bitcoin for:
1) Safe 2) Anonymously 3) Decentralized than Paypal. Paypal not: 1) Not safe. There are many risk that your money can be stolen. 2) It is subject to control by the authority 3) Not decentralized. Title: Re: Bitcoin Vs. Paypal Post by: CoinDiver on September 10, 2014, 02:22:33 PM So much confirmation bias!
Title: Re: Bitcoin Vs. Paypal Post by: gamblethis on September 11, 2014, 03:39:56 AM Bitcoin for: 1) Safe 2) Anonymously 3) Decentralized than Paypal. Paypal not: 1) Not safe. There are many risk that your money can be stolen. 2) It is subject to control by the authority 3) Not decentralized. We cant do anything now. Paypal will be holding hands with bitcoin anytime soon! Title: Re: Bitcoin Vs. Paypal Post by: GreatCoinBearer on September 11, 2014, 03:53:09 AM There is no contest between this two
Title: Re: Bitcoin Vs. Paypal Post by: homm88 on September 11, 2014, 04:02:54 AM Paypal is a very money minded and highly commercial payment processor.They work for the profit share only as well as there are so many issues and disputes which arise whn dealing with Paypal these days.On the other hand Bitcoins is a currency made by pople and used for pople online without much share and without a lot of commission.
Title: Re: Bitcoin Vs. Paypal Post by: notlist3d on September 11, 2014, 04:44:01 AM Paypal is a very money minded and highly commercial payment processor.They work for the profit share only as well as there are so many issues and disputes which arise whn dealing with Paypal these days.On the other hand Bitcoins is a currency made by pople and used for pople online without much share and without a lot of commission. Biggest problem i see is their buyer guarantee. With bitcoins they cant go to credit card or bank and pull money back at a later date. If they do i see them using a escrow type service where it's held for so long or they make you have a account tied to normal types of their "confirmed" accounts. I hope they accept one day. I just won't be holding my breath as they seem to like the spot they are in. With ebay/paypal they essentially have a monopoly owing full circle of transaction currently. Title: Re: Bitcoin Vs. Paypal Post by: CoinDiver on September 11, 2014, 01:24:24 PM Biggest problem i see is their buyer guarantee. With bitcoins they can't go to credit card or bank and pull money back at a later date. If they do i see them using a escrow type service where it's held for so long or they make you have a account tied to normal types of their "confirmed" accounts. I hope they accept one day. I just won't be holding my breath as they seem to like the spot they are in. With ebay/paypal they essentially have a monopoly owing full circle of transaction currently. This is simply wrong. PayPal already allows withdrawals in cash. PayPal can only "pull money back" by removing it from your paypal account. Title: Re: Bitcoin Vs. Paypal Post by: Loophole on September 11, 2014, 01:30:48 PM Of course bitcoin is better than Paypal.
What did you expect to hear from the bitcoiners here on bitcointalk lol? ;D Title: Re: Bitcoin Vs. Paypal Post by: rockyrotcoin on September 12, 2014, 11:18:31 AM Paypal vs bitcoin feud is not true from the start. Paypal has always been a bitcoin believer ever since.
Title: Re: Bitcoin Vs. Paypal Post by: gamblethis on September 12, 2014, 11:32:21 AM Biggest problem i see is their buyer guarantee. With bitcoins they can't go to credit card or bank and pull money back at a later date. If they do i see them using a escrow type service where it's held for so long or they make you have a account tied to normal types of their "confirmed" accounts. I hope they accept one day. I just won't be holding my breath as they seem to like the spot they are in. With ebay/paypal they essentially have a monopoly owing full circle of transaction currently. This is simply wrong. PayPal already allows withdrawals in cash. PayPal can only "pull money back" by removing it from your paypal account. Gambling sites always has an option like "But BTC thru Paypal" Title: Re: Bitcoin Vs. Paypal Post by: hannscryo on September 12, 2014, 03:49:55 PM BTC > Paypal no chargeback , no limited accounts , no bullshits ::) Is the "no chargeback" an advantage in all cases, I don't think so. Title: Re: Bitcoin Vs. Paypal Post by: lol3c on September 12, 2014, 08:37:39 PM I preffer BTC, no taxes, no chargeback, no shits all over the place. :D
Title: Re: Bitcoin Vs. Paypal Post by: cookiemonsterwhat on September 12, 2014, 08:38:54 PM Paypal is everything opposite of bitcoin lol.
So bitcoin wins for everything that it doesnt provide, esp limitations of transactions. Title: Re: Bitcoin Vs. Paypal Post by: FUR11 on September 12, 2014, 10:06:19 PM PayPal is no currency, it's only on top of some currency. It's like a Credit Card for the Web. Bitcoin is completely detached from any FIAT currency and can stand on its own. It's in those regards vastly superior to PayPal and Credit Cards!
Title: Re: Bitcoin Vs. Paypal Post by: spidergoat on September 13, 2014, 02:23:28 AM You can use bitcoin without any documents while on paypal it is mandatory.
Title: Re: Bitcoin Vs. Paypal Post by: williamj2543 on September 13, 2014, 02:26:48 AM You can use bitcoin without any documents while on paypal it is mandatory. Its not MANDATORY, but to load your account yes it is, and to verify as well. You can technically receive and send paypal balance with no paypal or bank account, I have a US paypal account with no CC or bank account to transfer from bitsimple, and I forward it to my real account with bank account.Title: Re: Bitcoin Vs. Paypal Post by: spidergoat on September 13, 2014, 02:35:12 AM You can use bitcoin without any documents while on paypal it is mandatory. Its not MANDATORY, but to load your account yes it is, and to verify as well. You can technically receive and send paypal balance with no paypal or bank account, I have a US paypal account with no CC or bank account to transfer from bitsimple, and I forward it to my real account with bank account.I tried using paypal once I receive some funds paypal limited my account and I need to send my passport and IDs and tracking number even it is digital goods. Title: Re: Bitcoin Vs. Paypal Post by: aljunking on September 16, 2014, 03:15:21 AM You can use bitcoin without any documents while on paypal it is mandatory. Its not MANDATORY, but to load your account yes it is, and to verify as well. You can technically receive and send paypal balance with no paypal or bank account, I have a US paypal account with no CC or bank account to transfer from bitsimple, and I forward it to my real account with bank account.I tried using paypal once I receive some funds paypal limited my account and I need to send my passport and IDs and tracking number even it is digital goods. When was this? i thought paypal and bitcoin is now ok? Title: Re: Bitcoin Vs. Paypal Post by: crazyALT47 on September 16, 2014, 05:11:30 AM Biggest problem i see is their buyer guarantee. With bitcoins they can't go to credit card or bank and pull money back at a later date. If they do i see them using a escrow type service where it's held for so long or they make you have a account tied to normal types of their "confirmed" accounts. I hope they accept one day. I just won't be holding my breath as they seem to like the spot they are in. With ebay/paypal they essentially have a monopoly owing full circle of transaction currently. This is simply wrong. PayPal already allows withdrawals in cash. PayPal can only "pull money back" by removing it from your paypal account. Title: Re: Bitcoin Vs. Paypal Post by: angelakay124 on September 16, 2014, 06:55:53 AM Bitcoin > Paypal
Bitcoin is like cash you are holding in your hand. Paypal is like a credit card. Paypal can hold or freeze your account anytime they like. Title: Re: Bitcoin Vs. Paypal Post by: giveBTCpls on September 16, 2014, 04:25:50 PM You can use bitcoin without any documents while on paypal it is mandatory. Its not MANDATORY, but to load your account yes it is, and to verify as well. You can technically receive and send paypal balance with no paypal or bank account, I have a US paypal account with no CC or bank account to transfer from bitsimple, and I forward it to my real account with bank account.I tried using paypal once I receive some funds paypal limited my account and I need to send my passport and IDs and tracking number even it is digital goods. So yeah, Bitcoin is much more anonymous, you dont need any of this shit. Title: Re: Bitcoin Vs. Paypal Post by: niothor on September 16, 2014, 04:31:02 PM Bitcoin > Paypal Bitcoin is like cash you are holding in your hand. Paypal is like a credit card. Paypal can hold or freeze your account anytime they like. Bitcoin is a currency , Paypal is a service provider. That is the main difference. And please let me know how paypal acts as a CREDIT card. Title: Re: Bitcoin Vs. Paypal Post by: arxwn on September 16, 2014, 04:52:45 PM BTC is a currency, a technology and the backbone.
Paypal is just it's retard cousin Title: Re: Bitcoin Vs. Paypal Post by: ChuckBuck on September 16, 2014, 09:24:37 PM Maybe Bitcoin and Paypal were destined to help eachother?
https://i.imgur.com/PNAW1pC.png A marriage of sorts. Bitcoin would benefit greatly by this "One Touch" payment technology that Paypal's peddling, especially if users buy Bitcoin instead of using their bank/credit cards. Title: Re: Bitcoin Vs. Paypal Post by: truehold3r on September 16, 2014, 09:28:48 PM I hope this will boost the price of bitcoin, now it's too much undervalued.
Title: Re: Bitcoin Vs. Paypal Post by: eranbtc on September 16, 2014, 11:42:00 PM Your $ in Paypal is just information stored and guaranteed by Paypal; likewise, your BTC in Bitcoin is just information stored and guaranteed by the Bitcoin protocol.
Title: Re: Bitcoin Vs. Paypal Post by: Zebra on September 17, 2014, 01:40:30 AM I hope this will boost the price of bitcoin, now it's too much undervalued. May be not so fast I am afraid. https://www.paypal-community.com/t5/PayPal-Forward/Braintree-Brings-One-Touch-Payments-to-the-People-and-Will-Offer/ba-p/872921 "With Braintree’s new partnership with Coinbase, merchants and developers that have integrated with Braintree’s v.zero SDK will be able to easily begin accepting bitcoin in the coming months, enabling their customers to pay with the alternative currency across their favorite apps." It seems the function will take a few months to be ready. Title: Re: Bitcoin Vs. Paypal Post by: ajareselde on September 17, 2014, 04:41:41 PM Paypal is not available in many countries but bitcoin is available worldwide. The struggle is real, both have its pro's and con's. It would be ideal if bitcoin would be hard fixed on a single price, and if it allowed for funds to be secured from theft (some sort of chargeback) Then it would be a real competition to paypal. Title: Re: Bitcoin Vs. Paypal Post by: Zebra on September 17, 2014, 04:56:24 PM Paypal is not available in many countries but bitcoin is available worldwide. The struggle is real, both have its pro's and con's. It would be ideal if bitcoin would be hard fixed on a single price, and if it allowed for funds to be secured from theft (some sort of chargeback) Then it would be a real competition to paypal. So you want to have a centralized organization to control the price and the flow of bitcoin? It sounds like the exact opposite of what bitcoin tries to achieve... Title: Re: Bitcoin Vs. Paypal Post by: koshgel on September 17, 2014, 05:06:55 PM Your $ in Paypal is just information stored and guaranteed by Paypal; likewise, your BTC in Bitcoin is just information stored and guaranteed by the Bitcoin protocol. Your funds are not guaranteed by PayPal. They can seize your funds at any time for an arbitrary reason. Title: Re: Bitcoin Vs. Paypal Post by: dompsairs on September 17, 2014, 05:14:31 PM Bitcoin iis much better, bitcoin will never block your account for no reasons.
Title: Re: Bitcoin Vs. Paypal Post by: Shogen on September 17, 2014, 11:26:02 PM Your $ in Paypal is just information stored and guaranteed by Paypal; likewise, your BTC in Bitcoin is just information stored and guaranteed by the Bitcoin protocol. The big difference here is that Paypal is a centralized company while Bitcoin has a decentralized network consisting of people around the world. Title: Re: Bitcoin Vs. Paypal Post by: no141 on September 18, 2014, 12:22:05 AM For those who buy, can people compare Paypal vs escrowed Bitcoin? That would be a more fair way to compare
Title: Re: Bitcoin Vs. Paypal Post by: StallionOne on September 18, 2014, 01:25:22 PM Paypal is not a currency in any way. :)
Title: Re: Bitcoin Vs. Paypal Post by: Gundulmu on September 18, 2014, 09:09:53 PM i choose bitcoin because i use bitcoin
Title: Re: Bitcoin Vs. Paypal Post by: dougg on September 20, 2014, 11:14:10 AM Paypal is actually better in many respects which is what a lot of people here miss. In general its quite good for buyer protection, whereas Bitcoin has no buyer protection and therefore a greater need of trust in its most intrinsic form of transaction.
Obviously I am a huge supporter of Bitcoin but more transaction tools are needed for its success. Title: Re: Bitcoin Vs. Paypal Post by: claimore on September 20, 2014, 01:25:17 PM ^^ Somewhat legit. Even tho the fees suck.
Title: Re: Bitcoin Vs. Paypal Post by: niothor on September 20, 2014, 01:27:55 PM For those who buy, can people compare Paypal vs escrowed Bitcoin? That would be a more fair way to compare Then you should compare the banks with mtgox or coinlenders or inputs.io ;) Title: Re: Bitcoin Vs. Paypal Post by: Farmer17 on September 20, 2014, 02:08:05 PM Paypal is actually better in many respects which is what a lot of people here miss. In general its quite good for buyer protection, whereas Bitcoin has no buyer protection and therefore a greater need of trust in its most intrinsic form of transaction. Obviously I am a huge supporter of Bitcoin but more transaction tools are needed for its success. Paypal is fine for buyers because of the buyer protection, but on the other hand, there are lots of limitations for its seller protection. https://www.paypal.com/webapps/mpp/security/seller-protection Title: Re: Bitcoin Vs. Paypal Post by: arxwn on September 20, 2014, 05:25:20 PM Is there a customer protection service for bitcoin merchants ? And if yes what is the premium ?
Title: Re: Bitcoin Vs. Paypal Post by: Farmer17 on September 20, 2014, 05:36:03 PM Is there a customer protection service for bitcoin merchants ? And if yes what is the premium ? Since bitcoin is decentralized, there is no chargeback mechanism. But some highly trusted persons are willing to act as an escrow (ie. middle man). You can find a list of them here. https://bitcointalk.org/index.php?topic=108716.0 Some of them are doing it for free/tips, while some are charging a fixed % of transacted amount. Title: Re: Bitcoin Vs. Paypal Post by: arxwn on September 20, 2014, 05:40:09 PM Is there a customer protection service for bitcoin merchants ? And if yes what is the premium ? Since bitcoin is decentralized, there is no chargeback mechanism. But some highly trusted persons are willing to act as an escrow (ie. middle man). You can find a list of them here. https://bitcointalk.org/index.php?topic=108716.0 Some of them are doing it for free/tips, while some are charging a fixed % of transacted amount. That's nice. I was expecting something more organised Title: Re: Bitcoin Vs. Paypal Post by: zee11226 on September 20, 2014, 05:55:53 PM Paypal is payment processor while bitcoin is a currency. They are not mortal enemies. Paypal can choose to accept bitcoin in the future.
Title: Re: Bitcoin Vs. Paypal Post by: mckim0012 on September 20, 2014, 09:59:56 PM Bitcoin is the future while paypal is the old school.
Title: Re: Bitcoin Vs. Paypal Post by: binarysorcerer on September 20, 2014, 10:03:44 PM Paypal accepting Bitcoin is good news
Title: Re: Bitcoin Vs. Paypal Post by: Shogen on September 21, 2014, 12:08:37 AM Paypal is payment processor while bitcoin is a currency. They are not mortal enemies. Paypal can choose to accept bitcoin in the future. Well indeed, Paypal will sort of accept bitcoin payment through integrating bitcoin payment with its subsidiary Braintree. http://www.forbes.com/sites/ryanmac/2014/09/08/ebay-announces-first-foray-into-bitcoin-with-braintree-unit/ Title: Re: Bitcoin Vs. Paypal Post by: Pussyan on September 21, 2014, 03:08:52 AM I preffer BTC, no taxes, no chargeback, no shits all over the place. :D
Title: Re: Bitcoin Vs. Paypal Post by: arxwn on September 21, 2014, 11:41:26 AM I preffer BTC, no taxes, no chargeback, no shits all over the place. :D Ya sound like a terr'ist !!! Title: Re: Bitcoin Vs. Paypal Post by: zutu92 on September 21, 2014, 08:54:30 PM Paypal is good in paying many websites but I prefer more in bitcoinnow because of its decentralized and anonymous feature. I keep hearing horror stories about paypal.
Title: Re: Bitcoin Vs. Paypal Post by: o_o on September 22, 2014, 09:41:46 AM Bitcoin can't be compared to PayPal in my opinion because they are too different, BTC is considered a semi-anonymous payment method and PayPal is heavily regulated.
Title: Re: Bitcoin Vs. Paypal Post by: grandFX on September 22, 2014, 09:55:23 AM yeah. I choice bitcoin for trading and choice paypal for online shoping.
Title: Re: Bitcoin Vs. Paypal Post by: mancala on September 22, 2014, 01:28:06 PM Are you talking about the users who are using both btc and paypal? or the usability?
Title: Re: Bitcoin Vs. Paypal Post by: Yuki1988 on September 23, 2014, 12:09:31 PM Well, while reading at it. Bitcoin had been a challenger to paypal. Which is more useful and highly digitized currency now? What do you think or which do you prefer? ;D ;D ;D ??? Can BitCoin replace X (insert whatever payment form/currency you like here)? No. At least, not at this point. When transactions for speculative buys (investments or essentially day trading) range thirty times higher than transactions from actual utility (buying merchandise) by many estimates, the market is simply too volatile. When something halves or doubles in a matter of days, there cannot be confidence in it to lead to mass adaptation.Can BitCoin someday find a (likely large) following, and potentially displace some heavyweights in the payment/currency world? Absolutely. But it wont, until it stops holding value based on speculation, and starts holding value based on utility. I totally agree that bitcoin price is too volatile now to be used as a currency. Most of the sites accepting bitcoin now are in fact using bitpay or coinbase to immediately convert the bitcoin payment to fiat money. Btw, where did you get the 30x estimate? Title: Re: Bitcoin Vs. Paypal Post by: arxwn on September 23, 2014, 05:54:03 PM They mostly do wishful thinking and project previous performance.
The true story is nobody knows. If the foundation is still there (which i personally believe it is) it will come back. Otherwise just spend it or gamble it all. Title: Re: Bitcoin Vs. Paypal Post by: grosminer on September 23, 2014, 07:14:28 PM https://www.paypal-community.com/t5/PayPal-Forward/PayPal-and-Virtual-Currency/ba-p/828230
Great news! Title: Re: Bitcoin Vs. Paypal Post by: cryptomad on September 23, 2014, 08:32:29 PM Paypal is Accepting bitcoin So i guess the answer to the question is Both :)
Title: Re: Bitcoin Vs. Paypal Post by: JohnLennon on September 24, 2014, 11:13:17 PM Apple Pay—the greatest media/marketing beat up yet of the 21st century! Too bad all that hot air will soon enough cool … :) :) :)
Title: Re: Bitcoin Vs. Paypal Post by: BuluIdung on September 25, 2014, 05:10:16 AM https://www.paypal-community.com/t5/PayPal-Forward/PayPal-and-Virtual-Currency/ba-p/828230 Great news! uyes great news! I hope bitcoin prices may rise higher Title: Re: Bitcoin Vs. Paypal Post by: orsotheysaid on September 28, 2014, 01:26:41 PM So when will this be operative in ebay? I have seen nothing there yet, no merchant is accepting BTC and I see no option to set btc acceptance oficially.
Title: Re: Bitcoin Vs. Paypal Post by: fathur01 on September 28, 2014, 04:07:46 PM So when will this be operative in ebay? I have seen nothing there yet, no merchant is accepting BTC and I see no option to set btc acceptance oficially. Acceptance will completely rely on sellers deciding they want to take btc. They wont be forced unlike credit card or bank transfers through paypal. Title: Re: Bitcoin Vs. Paypal Post by: Gambiteesee on September 29, 2014, 07:34:27 AM So when will this be operative in ebay? I have seen nothing there yet, no merchant is accepting BTC and I see no option to set btc acceptance oficially. No words as of now but what ive read is that paypal's merchants are accepting btcs now. Title: Re: Bitcoin Vs. Paypal Post by: Testing123 on September 29, 2014, 06:20:27 PM So when will this be operative in ebay? I have seen nothing there yet, no merchant is accepting BTC and I see no option to set btc acceptance oficially. Acceptance will completely rely on sellers deciding they want to take btc. They wont be forced unlike credit card or bank transfers through paypal. But I can't think of any disadvantage for the sellers to accept bitcoin. Since Paypal is partnered with Bitpay and Coinbase, the bitcoin payment will be converted to USD immediately so the bitcoin price fluctuation should have no effects on the sellers. Title: Re: Bitcoin Vs. Paypal Post by: LastRoby on September 29, 2014, 06:37:26 PM obviously bitcoin..
Title: Re: Bitcoin Vs. Paypal Post by: DigitalPirateman on September 30, 2014, 12:03:31 AM I think bitcoins wins because now paypal accepts bitcoin. But i think it killing the value of bitcoin.
Title: Re: Bitcoin Vs. Paypal Post by: Lady_Cake on September 30, 2014, 09:46:37 AM I'd say Bitcoins, but Paypal has more "audience".
There are much more people that using Paypal for payment instead of Bitcoins, it's like Paypal is more "user friendly" :) Title: Re: Bitcoin Vs. Paypal Post by: Muhammed Zakir on October 01, 2014, 01:21:16 PM I'd say Bitcoins, but Paypal has more "audience". There are much more people that using Paypal for payment instead of Bitcoins, it's like Paypal is more "user friendly" :) It's not 'PayPal is more user-friendly', it is that people still haven't heard about BTC. BTC is being accepted. Once it is accepted widely, most of the users will start using BTC more than paypal like now as it offers least fees, more security and IS more user friendly than PayPal! ::) ~~MZ~~ Title: Re: Bitcoin Vs. Paypal Post by: BillyBobZorton on October 01, 2014, 03:47:03 PM Considering more and more stuff is going digital, Paypal are simply taking an obvious step in the right direction.. On the other hand, what if you pay someone and they don't actually give you the files? There's not even a way to get your money back.
Title: Re: Bitcoin Vs. Paypal Post by: vipgelsi on October 01, 2014, 03:50:56 PM At least sellers dont have to worry about chargebacks.
Title: Re: Bitcoin Vs. Paypal Post by: krishatnet on October 01, 2014, 05:13:41 PM Tranaction fees are very high in paypal compared to bitcoins. There are many rules in paypal.
Title: Re: Bitcoin Vs. Paypal Post by: Madness on October 02, 2014, 07:06:22 AM Bitcoin , Bitcoin & Bitcoin mate :p no chargebacks 8)
Title: Re: Bitcoin Vs. Paypal Post by: Soappa on October 02, 2014, 07:26:06 AM Bitcoin is so much better than Paypal IMHO. Bitcoin has no chargeback, bitcoin has a lower transaction fee, and there is no account banning in bitcoin.
Title: Re: Bitcoin Vs. Paypal Post by: Madness on October 02, 2014, 07:35:35 AM Bitcoin is so much better than Paypal IMHO. Bitcoin has no chargeback, bitcoin has a lower transaction fee, and there is no account banning in bitcoin. no bullshit Limits on the account also ::) Title: Re: Bitcoin Vs. Paypal Post by: BeginToMine on October 05, 2014, 07:10:42 AM Bitcoin is better in all ways.
Title: Re: Bitcoin Vs. Paypal Post by: LightningBlade on October 05, 2014, 07:45:00 AM Bitcoin is way better..... you just need to download wallet and done..
Title: Re: Bitcoin Vs. Paypal Post by: King Agamemnon on October 08, 2014, 01:55:06 AM I am currently using Bitcoin and Paypal.. no problem..
Title: Re: Bitcoin Vs. Paypal Post by: Peter882 on October 08, 2014, 12:41:12 PM Bitcoin is better than Paypal in many aspects for sure, the only exception may be the buyer protection function.
While we have quite a number of trustworthy and helpful escrows, it is not easy for them to investigate the complicated disputes as a individual working with spare time. Title: Re: Bitcoin Vs. Paypal Post by: orsotheysaid on October 08, 2014, 01:49:36 PM Tranaction fees are very high in paypal compared to bitcoins. There are many rules in paypal. But if a merchant accept btc through paypal, will you have to pay the same fees in BTC? Title: Re: Bitcoin Vs. Paypal Post by: niothor on October 08, 2014, 02:32:20 PM I'd say Bitcoins, but Paypal has more "audience". There are much more people that using Paypal for payment instead of Bitcoins, it's like Paypal is more "user friendly" :) In time this will change. PayPal only have the gain over bitcoin due to them being the first ones to break into the online payment processing niche, while bitcoin (or I should say blockchain due to blockchain and other bitcoin wallets really being the competitor to paypal) have only just kicked off in the last few years. Of course, though, once the same amount of people KNOW about PayPal and Bitcoin, Bitcoin will obviously be the preferred "way to pay" We can all see paypal trying to come together with bitcoin (basically the enemy surrendering before their defeat is publicly seen) by integrating it into braintree. Title: Re: Bitcoin Vs. Paypal Post by: shanem on October 08, 2014, 03:36:38 PM Bitcoin is better as you do not need to verify yourself unlike with paypal
Title: Re: Bitcoin Vs. Paypal Post by: elise on October 08, 2014, 04:15:47 PM paypal is such a shitty service, just wait till your funds are frozen.
Title: Re: Bitcoin Vs. Paypal Post by: BeginToMine on October 10, 2014, 07:17:36 PM paypal has very shity service, there is no competition to bitcoin from them.
Title: Re: Bitcoin Vs. Paypal Post by: waser12 on October 23, 2014, 04:06:00 PM Bitcoin is the future, there is no charge back and lot of advantage.. the conditions of paypal are not so interesting !
Title: Re: Bitcoin Vs. Paypal Post by: tripppn on October 23, 2014, 04:17:47 PM Both bitcoin and paypal will have a place in the future. I can't say as much for western union ;)
What's driving down the btc price is that more and more places are accepting btc and they need fiat to pay the bills so they have to sell. Buy support isn't keeping up but I think this is just a transition stage for bitcoin. The buy support will come and catch up with the selling of merchants. Title: Re: Bitcoin Vs. Paypal Post by: tsm on October 23, 2014, 08:31:14 PM paypal sucks so much, people just havent gotten their money frozen.
Title: Re: Bitcoin Vs. Paypal Post by: Shogen on October 25, 2014, 03:00:05 PM Both bitcoin and paypal will have a place in the future. I can't say as much for western union ;) What's driving down the btc price is that more and more places are accepting btc and they need fiat to pay the bills so they have to sell. Buy support isn't keeping up but I think this is just a transition stage for bitcoin. The buy support will come and catch up with the selling of merchants. While that creates some downward pressure on the bitcoin price in the short term, it help bitcoin go a step closer to mass adoption and is very important for the future development. Title: Re: Bitcoin Vs. Paypal Post by: aronnov on October 25, 2014, 03:33:52 PM I would rather choose bitcoin, for reasons of flexibility, security and the smooth delivery to others, it only takes a minute to mentrasnfer of a bitcoin address to another bitcoin address ... ;D
Title: Re: Bitcoin Vs. Paypal Post by: keackh on October 25, 2014, 03:41:49 PM bitcoin is better, you don t risk to be scammed...at least less than with paypal !
Title: Re: Bitcoin Vs. Paypal Post by: arieq on October 26, 2014, 12:21:46 AM I have both paypal and BTC and use them frequently. Paypal transactions are faster because bitcoin transactions need times to confirm, for most of the points you don't need bitcoin anyway. Maybe having financial resources could be a valid reason. But not if bitcoin fluctuates wildly.
Title: Re: Bitcoin Vs. Paypal Post by: FlyForFun on October 26, 2014, 02:23:57 AM Prefer bitcoin, paypal is just too troublesome sometimes..
Title: Re: Bitcoin Vs. Paypal Post by: drmundo on October 26, 2014, 04:10:57 AM paypal has so much fees, and restriction to freezing money..
Title: Re: Bitcoin Vs. Paypal Post by: BeginToMine on October 26, 2014, 01:16:26 PM paypal sucks bigtime, their support is slow like shit.
Title: Re: Bitcoin Vs. Paypal Post by: Azguard9319 on October 26, 2014, 01:57:59 PM I use them both, I couldn't really say which I prefer as they both serve their own purposes!
Title: Re: Bitcoin Vs. Paypal Post by: Turnkey on October 26, 2014, 03:00:10 PM Bitcoin means anonymity and no worries for a chargeback.
Title: Re: Bitcoin Vs. Paypal Post by: Zawamiya on October 26, 2014, 03:41:30 PM Bitcoin means anonymity and no worries for a chargeback. Thats why there is more scammer.. Title: Re: Bitcoin Vs. Paypal Post by: AllTheBitz on October 26, 2014, 10:37:19 PM Paypal is easier to scam than btc.
Paypal<btc Title: Re: Bitcoin Vs. Paypal Post by: Sonny on October 27, 2014, 06:18:38 AM Bitcoin means anonymity and no worries for a chargeback. Thats why there is more scammer.. That's why you should do your due diligence, be wary of too good to be true deals and shady businesses, and use escrows whenever possible. If you do all these, the chance of getting scammed is very low IMO. There are scammers on Paypal as well. Plus, you could also be scammed by Paypal itself, by freezing your account with some stupid reasons. Title: Re: Bitcoin Vs. Paypal Post by: Peegasus on October 28, 2014, 05:53:07 AM Paypal is easier to scam than btc. Paypal<btc You can trace paypal if youre scammed, you cannot trace btc. Title: Re: Bitcoin Vs. Paypal Post by: kolloh on October 28, 2014, 05:54:15 AM Paypal is easier to scam than btc. Paypal<btc You can trace paypal if youre scammed, you cannot trace btc. Well, actually anyone can trace btc as the ledger is public. But it is harder to tie an address with an identity especially if using mixing. Title: Re: Bitcoin Vs. Paypal Post by: unrealistic on October 28, 2014, 06:20:37 AM Paypal has such a sucker compared to BTC.
Title: Re: Bitcoin Vs. Paypal Post by: jennifer21 on October 28, 2014, 02:17:35 PM In my place, Bitcoin is quite useless. So, paypal.
Title: Re: Bitcoin Vs. Paypal Post by: Pkofet on October 29, 2014, 09:42:10 AM Bitcoin is a lot better than Paypal. The only downside is that it is not as easy to buy bitcoin as to fund my paypal account.
Title: Re: Bitcoin Vs. Paypal Post by: El Emperador on October 29, 2014, 09:52:32 AM I obviously prefer Bitcoin to paypal for several reasons: Bitcoin is limitless and with no restriction of any kind, Bitcoin is more privacy-friendly, Bitcoin is decentralized and it's safest too, because it's definitely more simple to crack an e-mail associated to a Paypal account than a Bitcoin Wallet ( even if it's online like the blockchain.info one ).
Paypal is better in just 2 things: - Speed of transacion - Diffusion But we hope in the next years Bitcoin is going to become more popolar than Paypal. Instead regarding speed of transaction, we have to say that many altcoins ( like Kore, for example )are faster than Paypal... Title: Re: Bitcoin Vs. Paypal Post by: grumpyoldtroll on October 29, 2014, 10:16:18 AM If I am going to choose between them, Id rather choose Bitcoin. I do not know why but I always encounter problems involving paypal and it sucks!
Title: Re: Bitcoin Vs. Paypal Post by: Neotox on October 29, 2014, 10:20:12 AM well i prefer bitcoin over paypal
we believe in crypto and freedom with paypal you face problems like payment reversal,account limitation etc |
