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Author Topic: paypal or bitcoin?  (Read 138352 times)
joinal
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April 05, 2016, 11:14:38 PM
 #1301

I rely on paypal because it is in currency that can be transferred right to a bank account if needed and only wait for 3 business days to reach it to you so you can use it right away.
With Bitcoin you have to try and sell it for fiat then you can access it to use it for things that you want to buy like food and pay for bills.
I'm not from USA nor Europe, still I'm able to convert my bitcoins to fiats within 2 days at market price with a very lesser fees compared to Paypal's withdrawal fees.
I'm not ready to agree Paypal is better by any means compared to bitcoin.
I'm not from the USA or Europe, but I can withdraw bitcoin to fiat with just a few minutes. what you need is a local exchange? whether there is a local exchange in your country mate?
I think it is very helpful for withdrawal. You do not have to pull it to paypal again and then withdraw to bank

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April 05, 2016, 11:18:25 PM
 #1302

I myself do mostly find myself at liking Bitcoin more because of the fact that it allows for faster/safer online transactions from stores and online peers rather than PayPal. It opens up a whole new system of giving money to others that is both untraceable and secure, it's in a new niche of its own, which makes it a lot better.

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magemist
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April 05, 2016, 11:27:03 PM
 #1303

Paypal is being not so darling for everybody as they aren't expanding their offices into North Carolina in the US state of Charlotte due to not abiding to transgender laws for allowing a bathroom for them.
They are being frown upon by big adopters of their services and have since pulled their sites from using paypal services. This is a customer relations nightmare for them as those 10-12 companies are big retailers and can cost them a few millions in dollars lost.
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April 05, 2016, 11:33:08 PM
 #1304

Honestly, I would consider them both I like paypal because it has a nice system for disputes, the only fact is indeed it gets limited pretty fast and also sometimes for no reason at all.
The bitcoin has compared with the paypal a lot more advantages due to the point its easier,faster and much more secure for users and payments.
The last fact is that I'm both using them and I like the bitcoin more but the point is that its still not get accepted a lot by online stores.
Newcoins2020
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April 06, 2016, 12:05:25 AM
 #1305

Honestly, I would consider them both I like paypal because it has a nice system for disputes, the only fact is indeed it gets limited pretty fast and also sometimes for no reason at all.
The bitcoin has compared with the paypal a lot more advantages due to the point its easier,faster and much more secure for users and payments.
The last fact is that I'm both using them and I like the bitcoin more but the point is that its still not get accepted a lot by online stores.

You are right indeed, I think in fact bitcoin is much better because you can pay with, make profit with and its also self controllable.
I find the self controllability one of the most best things of the bitcoin because no bank or someone is involved in the payment.
MaritiJames3
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April 06, 2016, 01:25:28 AM
 #1306

Honestly, I would consider them both I like paypal because it has a nice system for disputes, the only fact is indeed it gets limited pretty fast and also sometimes for no reason at all.
The bitcoin has compared with the paypal a lot more advantages due to the point its easier,faster and much more secure for users and payments.
The last fact is that I'm both using them and I like the bitcoin more but the point is that its still not get accepted a lot by online stores.

You are right indeed, I think in fact bitcoin is much better because you can pay with, make profit with and its also self controllable.
I find the self controllability one of the most best things of the bitcoin because no bank or someone is involved in the payment.

I would never use paypal because paypal is maybe easy for us all but in fact its so bad, if you have problems with it no one is gonna help you, the paypal support is so slow.
I think the bitcoin is much better and paypal is just garbage at all with all its problems.
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April 06, 2016, 01:38:09 AM
 #1307

i prefer btc when i sell or provide services , but paypal for the most of my purchases
uname
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April 06, 2016, 03:22:08 AM
 #1308

What are your opinions on paypal or bitcoin for online shopping?
For online shopping its better to use bitcoin,more simple and low fee than paypal,but actually today bitcoin payment still not popular,i think we need more efort to make bitcoin accepted in every online shop.
I think for the payment of expenditures. PayPal is easier and more acceptable than paypal, anyway if you use automatic payments from paypal process. You will not be charged a fee

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April 06, 2016, 10:30:05 AM
 #1309

Honestly, I would consider them both I like paypal because it has a nice system for disputes, the only fact is indeed it gets limited pretty fast and also sometimes for no reason at all.
The bitcoin has compared with the paypal a lot more advantages due to the point its easier,faster and much more secure for users and payments.
The last fact is that I'm both using them and I like the bitcoin more but the point is that its still not get accepted a lot by online stores.

You are right indeed, I think in fact bitcoin is much better because you can pay with, make profit with and its also self controllable.
I find the self controllability one of the most best things of the bitcoin because no bank or someone is involved in the payment.

I would never use paypal because paypal is maybe easy for us all but in fact its so bad, if you have problems with it no one is gonna help you, the paypal support is so slow.
I think the bitcoin is much better and paypal is just garbage at all with all its problems.

Well in my case, no. I have some serious payment problem experienced with Paypal years ago and they definitely help me with a quick response and solution. May you post here your serious concern why you said that their customer support is suck?

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wildan88
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April 06, 2016, 01:13:35 PM
 #1310

I rely on paypal because it is in currency that can be transferred right to a bank account if needed and only wait for 3 business days to reach it to you so you can use it right away.
With Bitcoin you have to try and sell it for fiat then you can access it to use it for things that you want to buy like food and pay for bills.

You need 3 business to get your PayPal money to your bank account? That's quite a long time. I can sell my Bitcoins and get the money the same day in working days. But that's here in Europe, not sure where you are living.

Yes, right. even I only need less than 30 minutes to do it and I prefer bitcoin than paypal.

True but in terms of credited amount reversal, with bitcoin not possible. PayPal has made it with guaranteed reversal if credited to wrong account due to mistake.

Yes, you are right. because each has advantages and disadvantages. one of which is the reversal of funds, when you feel cheated or your account hacked.

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Iceborn
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April 06, 2016, 02:13:54 PM
 #1311

The fact that you can make money with bitcoin is a big plus for me. But with Paypal you can pay at every online store there is. With Bitcoin you cannot do that. I hope that this will change in the future.
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April 06, 2016, 04:08:16 PM
 #1312

The fact that you can make money with bitcoin is a big plus for me. But with Paypal you can pay at every online store there is. With Bitcoin you cannot do that. I hope that this will change in the future.

Yeah, both were transaction providers, but our bitcoin has evolved as a digital currency which has given life to most users. PayPal as payment gateway has the most acceptance than our bitcoin at present.

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April 06, 2016, 04:11:06 PM
 #1313

I still use bitcoin because it is very easy to use especially in cashing out which is very easy for me whenever I need some amount. Another thing is that fees are lower in bitcoin than in paypal. I just enjoy using bitcoin because I learn a lot of other stuffs in using bitcoin.
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April 06, 2016, 05:28:26 PM
 #1314

Paypal besides limit your account and even if you remove that limit they can frozen anytime your account and asking for several things to let the money in and out,bitcoin can send massive ammounts and the only thing you need is to record your wallet and password,there is no limits.
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April 06, 2016, 07:15:39 PM
 #1315

Surely Bitcoin. Versatile and simple. Anyone can start using BTC anytime (except some tyrant countries  Roll Eyes)

- Anonymous Identity
- No banks needed
- Small fees
- Easy to make transactions

 
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April 06, 2016, 07:24:44 PM
 #1316

I rely on paypal because it is in currency that can be transferred right to a bank account if needed and only wait for 3 business days to reach it to you so you can use it right away.
With Bitcoin you have to try and sell it for fiat then you can access it to use it for things that you want to buy like food and pay for bills.

You need 3 business to get your PayPal money to your bank account? That's quite a long time. I can sell my Bitcoins and get the money the same day in working days. But that's here in Europe, not sure where you are living.
In India also we are able to  get bitcoins to fiats conversion within same business day. Actually people are not looking for new services with bitcoin and they are simply continuing their old-high fee system, Paypal.
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April 06, 2016, 11:25:33 PM
 #1317

At a moment I will go with Paypal as I dont see majority of sites accepting bitcoin for online shopping, I will always support the thing from which I am getting benefits.
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April 06, 2016, 11:57:47 PM
 #1318

I rely on paypal because it is in currency that can be transferred right to a bank account if needed and only wait for 3 business days to reach it to you so you can use it right away.
With Bitcoin you have to try and sell it for fiat then you can access it to use it for things that you want to buy like food and pay for bills.

You need 3 business to get your PayPal money to your bank account? That's quite a long time. I can sell my Bitcoins and get the money the same day in working days. But that's here in Europe, not sure where you are living.
In India also we are able to  get bitcoins to fiats conversion within same business day. Actually people are not looking for new services with bitcoin and they are simply continuing their old-high fee system, Paypal.

Welll i thinked India costumers,that are several would be leaving paypal to get into the bitcoin system avoiding the high fees and maximizing their income,with their skills and knowledge im surprised the most keep with paypal.But well give time to time and we will see if will keep doing business with just paypal or will work with bitcoin as well.
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April 07, 2016, 12:02:01 AM
 #1319

I rely on paypal because it is in currency that can be transferred right to a bank account if needed and only wait for 3 business days to reach it to you so you can use it right away.
With Bitcoin you have to try and sell it for fiat then you can access it to use it for things that you want to buy like food and pay for bills.

You need 3 business to get your PayPal money to your bank account? That's quite a long time. I can sell my Bitcoins and get the money the same day in working days. But that's here in Europe, not sure where you are living.
In India also we are able to  get bitcoins to fiats conversion within same business day. Actually people are not looking for new services with bitcoin and they are simply continuing their old-high fee system, Paypal.

Welll i thinked India costumers,that are several would be leaving paypal to get into the bitcoin system avoiding the high fees and maximizing their income,with their skills and knowledge im surprised the most keep with paypal.But well give time to time and we will see if will keep doing business with just paypal or will work with bitcoin as well.
A lot of people would be leaving PayPal to avoid the fees, but I doubt they would abandon it just because of the fees. I would rather keep using a service with higher fees than advertise another, more uncommon payment system and potentially losing some of my customer base.
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April 07, 2016, 12:23:13 AM
 #1320

I rely on paypal because it is in currency that can be transferred right to a bank account if needed and only wait for 3 business days to reach it to you so you can use it right away.
With Bitcoin you have to try and sell it for fiat then you can access it to use it for things that you want to buy like food and pay for bills.

You need 3 business to get your PayPal money to your bank account? That's quite a long time. I can sell my Bitcoins and get the money the same day in working days. But that's here in Europe, not sure where you are living.
In India also we are able to  get bitcoins to fiats conversion within same business day. Actually people are not looking for new services with bitcoin and they are simply continuing their old-high fee system, Paypal.

Just wait, people will soon realize the huge difference betwen bitcoin and paypal and how convenient bitcoin is. When it happens, people will start patronizing bitcoin. Services using bitcoin will follow soon enough. It is just a matter of time now before people start switching from paypal to bitcoin.
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