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Author Topic: paypal or bitcoin?  (Read 138279 times)
Dewi Aries
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November 27, 2015, 02:00:39 PM
 #161

I have paypal and save my $ but...i like bitcoin, sometimes, i use bitcoin for my trading

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November 27, 2015, 02:09:15 PM
 #162

I have paypal, its linked to a savings account who's only purpose is to be linked to paypal.  that savings account is linked to a "real" account.  Its also linked to a credit card.


I do a little business with paypal, Its great honestly even if fees are a little high.  I'd do more business with bitcoin, but at the end of the day, if your supplier doesnt take bitcoin you need to sell the bitcoin and cash it in.  and you calculate the fees and all that, market spread, etc and the fees come out pretty similar to paypal, not to mention it takes a bit longer.

So yeah if paypal integrated the blockchain, that would be great.
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November 27, 2015, 02:10:15 PM
 #163

bitcoin is not much popular yet....most online shopping websites do not accept bitcoin as of now...

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November 27, 2015, 02:11:10 PM
 #164

i think paypal for now is linked to almost everything but i would still prefer bitcoin due to its simplicity and security and payal fees is way too high bro

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November 27, 2015, 02:36:05 PM
 #165

i think paypal for now is linked to almost everything but i would still prefer bitcoin due to its simplicity and security and payal fees is way too high bro

Yes the fees associated with Paypal are really hurting one. In my country I could not hold bitcoin for more than one working day, So i need to withdraw it almost everyday by paying some 20+ cents fixed fees always. I love bitcoin for many reasons, above reason is one of them.
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November 27, 2015, 02:50:13 PM
 #166

i think paypal have to much online time and have taken title for shopping payment processor
maybe bitcoin come up behind it one day
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November 27, 2015, 05:42:38 PM
 #167

Absolutely i will choose bitcoin for shopping.

No need to verification for register, fees is very small, and transaction is very fast.

Paypal can do this.

You mean paypal can't do that right?
the only things that make bitcoin better than paypal are we dont need to upload our identity and of course low cost even with the high amount of transaction
Yes. Paypal can't do that. Sorry little bit miss " 't ".

When you create new account, especially in process verification you will have to upload personal information. Which i don't like that.

But if using bitcoin, we don't need to verification, even for registration. Just download the wallet and you have account.

That's why i love bitcoin it's so super simple and no one can't froze my money, no limit and low cost, not like paypal they can limited my account anytime
and its really complicated to fix it

First of all if paypal limits your account is for a reason. Second, what do you mean exactly with low cost? How does bitcoin cost less than using paypal exactly? And again if they freeze your money it's because you have done something that you shouldn't have.
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November 27, 2015, 07:32:27 PM
 #168

i think paypal have to much online time and have taken title for shopping payment processor
maybe bitcoin come up behind it one day

it's already behind it, easily surpassable

Mickeyb
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November 27, 2015, 09:36:01 PM
 #169

Absolutely i will choose bitcoin for shopping.

No need to verification for register, fees is very small, and transaction is very fast.

Paypal can do this.

You mean paypal can't do that right?
the only things that make bitcoin better than paypal are we dont need to upload our identity and of course low cost even with the high amount of transaction
Yes. Paypal can't do that. Sorry little bit miss " 't ".

When you create new account, especially in process verification you will have to upload personal information. Which i don't like that.

But if using bitcoin, we don't need to verification, even for registration. Just download the wallet and you have account.

That's why i love bitcoin it's so super simple and no one can't froze my money, no limit and low cost, not like paypal they can limited my account anytime
and its really complicated to fix it

First of all if paypal limits your account is for a reason.

But this reason can be justified and unjustified! Trust me, I know some people that had their accounts limited and even frozen and this has killed their income earning over eBay, and they lived from selling stuff on eBay!

Whenever you have a single person that is deciding your destiny during a dispute, you never how will this end!
knowhow
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November 27, 2015, 09:41:26 PM
 #170

Absolutely i will choose bitcoin for shopping.

No need to verification for register, fees is very small, and transaction is very fast.

Paypal can do this.

You mean paypal can't do that right?
the only things that make bitcoin better than paypal are we dont need to upload our identity and of course low cost even with the high amount of transaction
Yes. Paypal can't do that. Sorry little bit miss " 't ".

When you create new account, especially in process verification you will have to upload personal information. Which i don't like that.

But if using bitcoin, we don't need to verification, even for registration. Just download the wallet and you have account.

That's why i love bitcoin it's so super simple and no one can't froze my money, no limit and low cost, not like paypal they can limited my account anytime
and its really complicated to fix it

First of all if paypal limits your account is for a reason.

But this reason can be justified and unjustified! Trust me, I know some people that had their accounts limited and even frozen and this has killed their income earning over eBay, and they lived from selling stuff on eBay!

Whenever you have a single person that is deciding your destiny during a dispute, you never how will this end!
Thats why bitcoin is getting more and more costumers,with bitcoin sales will be final wont be any kind of chargeback or limit action into any ammount,you holding,bitcoin is the future besides low fees against paypal fees,and those chargeback system and the frozen accounts,besides the main fact of id and bank account to get verified.
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November 27, 2015, 10:50:16 PM
 #171

i think paypal have to much online time and have taken title for shopping payment processor
maybe bitcoin come up behind it one day

it's already behind it, easily surpassable



We will have taken down Paypal next year by halving time. Next step is taking down the big names like Visa, which will be easy because Visa is going to be moving all of their volume into the blockchain once we start being able to move transactions through the LN.
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November 27, 2015, 11:19:18 PM
 #172

i think paypal have to much online time and have taken title for shopping payment processor
maybe bitcoin come up behind it one day

Paypal has announced to integrate bitcoin into its system. I do not know if it has been done yet. Probably not.
umaOuma
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November 27, 2015, 11:23:42 PM
 #173

Absolutely i will choose bitcoin for shopping.

No need to verification for register, fees is very small, and transaction is very fast.

Paypal can do this.

You mean paypal can't do that right?
the only things that make bitcoin better than paypal are we dont need to upload our identity and of course low cost even with the high amount of transaction
Yes. Paypal can't do that. Sorry little bit miss " 't ".

When you create new account, especially in process verification you will have to upload personal information. Which i don't like that.

But if using bitcoin, we don't need to verification, even for registration. Just download the wallet and you have account.

That's why i love bitcoin it's so super simple and no one can't froze my money, no limit and low cost, not like paypal they can limited my account anytime
and its really complicated to fix it

First of all if paypal limits your account is for a reason.

But this reason can be justified and unjustified! Trust me, I know some people that had their accounts limited and even frozen and this has killed their income earning over eBay, and they lived from selling stuff on eBay!

Whenever you have a single person that is deciding your destiny during a dispute, you never how will this end!
Thats why bitcoin is getting more and more costumers,with bitcoin sales will be final wont be any kind of chargeback or limit action into any ammount,you holding,bitcoin is the future besides low fees against paypal fees,and those chargeback system and the frozen accounts,besides the main fact of id and bank account to get verified.

Yeah, those who wants to get rid of banking verifications and all that stuff will definitely choose bitcoins over paypal, and bitcoins transaction fees are very low as compared to paypal as paypal involves high level of hidden charges which they do not disclose at the initial stage.
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November 28, 2015, 08:45:51 AM
 #174

What are your opinions on PayPal or bitcoin for online shopping?
Bitcoin is best, but u will always need PayPal for those online stores that don't accept bitcoin when they don't accept bitcoin just change some BTC into USD
I use BTC for steam products and want to use them for other products but unfortunately BTC's era has only begun. i hope soon that more BTC payable sites and shops will be available to us. it would be great to see some faster way of paying money online.  BTC is much more safer, faster and personally just better than PayPal. i can’t wait to see the new trend of BTC developing more in various shops. This would cause a major difference to online shopping.


how do you use Bitcoin with steam
Mickeyb
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November 28, 2015, 10:06:25 AM
 #175

Absolutely i will choose bitcoin for shopping.

No need to verification for register, fees is very small, and transaction is very fast.

Paypal can do this.

You mean paypal can't do that right?
the only things that make bitcoin better than paypal are we dont need to upload our identity and of course low cost even with the high amount of transaction
Yes. Paypal can't do that. Sorry little bit miss " 't ".

When you create new account, especially in process verification you will have to upload personal information. Which i don't like that.

But if using bitcoin, we don't need to verification, even for registration. Just download the wallet and you have account.

That's why i love bitcoin it's so super simple and no one can't froze my money, no limit and low cost, not like paypal they can limited my account anytime
and its really complicated to fix it

First of all if paypal limits your account is for a reason.

But this reason can be justified and unjustified! Trust me, I know some people that had their accounts limited and even frozen and this has killed their income earning over eBay, and they lived from selling stuff on eBay!

Whenever you have a single person that is deciding your destiny during a dispute, you never how will this end!
Thats why bitcoin is getting more and more costumers,with bitcoin sales will be final wont be any kind of chargeback or limit action into any ammount,you holding,bitcoin is the future besides low fees against paypal fees,and those chargeback system and the frozen accounts,besides the main fact of id and bank account to get verified.

Yeah, those who wants to get rid of banking verifications and all that stuff will definitely choose bitcoins over paypal, and bitcoins transaction fees are very low as compared to paypal as paypal involves high level of hidden charges which they do not disclose at the initial stage.

Both of you are correct! The only problem I see is that people will have to get used to that with Bitcoin there is no right for an error. When you hit that send button, that's it. This will take a while to get used to and many errors by the users and lost funds I am afraid!
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November 28, 2015, 11:55:43 AM
 #176

Bitcoin.
Most of the people prefer this also.
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November 28, 2015, 01:05:21 PM
 #177

If large sum of money is at stake I would choose paypal rather than bitcoin because of security purposes.

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November 28, 2015, 01:21:44 PM
 #178

Unfortunaly, Bitcoin is still limited on the market but it's better than Paypal.
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November 28, 2015, 01:43:14 PM
 #179

What are your opinions on PayPal or bitcoin for online shopping?
Bitcoin is best, but u will always need PayPal for those online stores that don't accept bitcoin when they don't accept bitcoin just change some BTC into USD
I use BTC for steam products and want to use them for other products but unfortunately BTC's era has only begun. i hope soon that more BTC payable sites and shops will be available to us. it would be great to see some faster way of paying money online.  BTC is much more safer, faster and personally just better than PayPal. i can’t wait to see the new trend of BTC developing more in various shops. This would cause a major difference to online shopping.


how do you use Bitcoin with steam

g2a, they offer many type of payment including bitcoin, try it it's without fee or crap like that
umaOuma
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November 28, 2015, 01:56:38 PM
 #180

Absolutely i will choose bitcoin for shopping.

No need to verification for register, fees is very small, and transaction is very fast.

Paypal can do this.

You mean paypal can't do that right?
the only things that make bitcoin better than paypal are we dont need to upload our identity and of course low cost even with the high amount of transaction
Yes. Paypal can't do that. Sorry little bit miss " 't ".

When you create new account, especially in process verification you will have to upload personal information. Which i don't like that.

But if using bitcoin, we don't need to verification, even for registration. Just download the wallet and you have account.

That's why i love bitcoin it's so super simple and no one can't froze my money, no limit and low cost, not like paypal they can limited my account anytime
and its really complicated to fix it

First of all if paypal limits your account is for a reason.

But this reason can be justified and unjustified! Trust me, I know some people that had their accounts limited and even frozen and this has killed their income earning over eBay, and they lived from selling stuff on eBay!

Whenever you have a single person that is deciding your destiny during a dispute, you never how will this end!
Thats why bitcoin is getting more and more costumers,with bitcoin sales will be final wont be any kind of chargeback or limit action into any ammount,you holding,bitcoin is the future besides low fees against paypal fees,and those chargeback system and the frozen accounts,besides the main fact of id and bank account to get verified.

Yeah, those who wants to get rid of banking verifications and all that stuff will definitely choose bitcoins over paypal, and bitcoins transaction fees are very low as compared to paypal as paypal involves high level of hidden charges which they do not disclose at the initial stage.

Both of you are correct! The only problem I see is that people will have to get used to that with Bitcoin there is no right for an error. When you hit that send button, that's it. This will take a while to get used to and many errors by the users and lost funds I am afraid!

Yeah, many of us have admitted that we have sent btc to wrong addresses and that is the basic thing we need to learn to check and recheck before transferring btc as if it is sent to wrong address then those funds are never gonna come back and its a major problem for new btc users.
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