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Author Topic: Is bitcoin better or paypal?  (Read 281168 times)
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October 03, 2016, 01:25:37 AM
 #1161

I don't think this is the right put question. Bitcoin is currency and PayPal is money service, so how can you compare it?
That's the main point, even that is reasonable for comparing both....? we should for making the bitcoin just combining with the paypal system because paypal is just like a wallet and will be more rational if comparing the paypal with such as the coinbase. I guess for comparing currency and wallet it's very wrong.

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October 03, 2016, 01:30:27 AM
 #1162

I don't think this is the right put question. Bitcoin is currency and PayPal is money service, so how can you compare it?
That's the main point, even that is reasonable for comparing both....? we should for making the bitcoin just combining with the paypal system because paypal is just like a wallet and will be more rational if comparing the paypal with such as the coinbase. I guess for comparing currency and wallet it's very wrong.

And any money service can put your ballance at hold at will, at any time. Paypal has some history in doing just so. This is unbearable!

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October 03, 2016, 05:14:11 AM
 #1163

I don't think this is the right put question. Bitcoin is currency and PayPal is money service, so how can you compare it?
That's the main point, even that is reasonable for comparing both....? we should for making the bitcoin just combining with the paypal system because paypal is just like a wallet and will be more rational if comparing the paypal with such as the coinbase. I guess for comparing currency and wallet it's very wrong.

And any money service can put your ballance at hold at will, at any time. Paypal has some history in doing just so. This is unbearable!
Paypal are like banks, they will hold your balance if they feel you are suspicious, there is no freedom when you are trusting your money in a third party that is regulated by the law, in bitcoin we have a full freedom as it has no requirement to create our wallet and to transact.

As long as we are matured enough to understand, then we are good to go.

R


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October 03, 2016, 07:15:19 AM
 #1164

Bitcoin is way much better than paypal for me and thats my opinion and different peoples have different opinions.For me because it was very difficult for me to understand the concept of paypal dont know clearly how it works,the transactions are reversible and fees are also more and its not accepted in every country as well so in that concern i can say bitcoin is much better that paypal.
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October 03, 2016, 07:22:44 AM
 #1165

Bitcoin is way much better than paypal for me and thats my opinion and different peoples have different opinions.For me because it was very difficult for me to understand the concept of paypal dont know clearly how it works,the transactions are reversible and fees are also more and its not accepted in every country as well so in that concern i can say bitcoin is much better that paypal.
Yes there are many people who prefer bitcoin than paypal because a lot of the conveniences we can get from bitcoin. To benefit bitcoin is not as complicated and as difficult as paypal. Bitcoin is a good investment because it has its own currency and not to rely on the dollar.
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October 03, 2016, 07:39:15 AM
 #1166

Paypal is good but you are paying so much fee's with PayPal and its also that you account can get limited.
I think that bitcoin is better with the fee's and its also way more secure, plus you are controlling it by yourself.
if talking security, of course paypal have better warranties. paypal today has been connected with a credit card.
website of the Amazon was using paypal. I think for the collateral issue paypal has an advantage.
Because I see paypal like banks that they comply with the law because they are a business who are subject also to pay the right taxes, bitcoin is better because it is decentralized non regulated so we are free to get the benefits of transacting without paying taxes.

This is the advantage when we are using  bitcoin  because we  could  avoid the  high transaction fees on paypal. You are right they are paying taxes too thats why they  put up too high  fees  and in this case  bitcoin is far away better than paypal  regarding  on  money transfers.
You can better use paypal in my opinion becuase i know for sure that paypal is many times securder than bitcoins i dont think bitcoins will last long becuase lots of people are dropping them.
Alauria
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October 03, 2016, 07:39:24 AM
 #1167

I don't think this is the right put question. Bitcoin is currency and PayPal is money service, so how can you compare it?
That's the main point, even that is reasonable for comparing both....? we should for making the bitcoin just combining with the paypal system because paypal is just like a wallet and will be more rational if comparing the paypal with such as the coinbase. I guess for comparing currency and wallet it's very wrong.

And any money service can put your ballance at hold at will, at any time. Paypal has some history in doing just so. This is unbearable!
Paypal are like banks, they will hold your balance if they feel you are suspicious, there is no freedom when you are trusting your money in a third party that is regulated by the law, in bitcoin we have a full freedom as it has no requirement to create our wallet and to transact.

As long as we are matured enough to understand, then we are good to go.
It depends all about what you want to do with it. because if you want to make money use bitcoins if you want to pay something online or other things you should try paypal.
Zosuda
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October 03, 2016, 07:42:53 AM
 #1168

Bitcoin as paypal has alot of issues on what you can sell also I hate people being Able to recover money with ease and paypal don't care
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October 03, 2016, 07:50:26 AM
 #1169


You can better use paypal in my opinion becuase i know for sure that paypal is many times securder than bitcoins i dont think bitcoins will last long becuase lots of people are dropping them.

Paypal only use for online shopping we can't do trading
Bitcoin is better to use for trading because fast transaction and an easy to use it.

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October 03, 2016, 07:50:26 AM
 #1170

Bitcoin is way much better than paypal for me and thats my opinion and different peoples have different opinions.For me because it was very difficult for me to understand the concept of paypal dont know clearly how it works,the transactions are reversible and fees are also more and its not accepted in every country as well so in that concern i can say bitcoin is much better that paypal.
Yes there are many people who prefer bitcoin than paypal because a lot of the conveniences we can get from bitcoin. To benefit bitcoin is not as complicated and as difficult as paypal. Bitcoin is a good investment because it has its own currency and not to rely on the dollar.
While the number of bitcoin adopters have increased the number of paypal users also decreases, and that fact alone is already a threat to them. People wants to transact fast and cheap and they can get it with bitcoin, therefore it paypal wants to compete they need to adjust to retain their customers.

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October 03, 2016, 07:52:52 AM
 #1171

I don't think this is the right put question. Bitcoin is currency and PayPal is money service, so how can you compare it?
That's the main point, even that is reasonable for comparing both....? we should for making the bitcoin just combining with the paypal system because paypal is just like a wallet and will be more rational if comparing the paypal with such as the coinbase. I guess for comparing currency and wallet it's very wrong.

And any money service can put your ballance at hold at will, at any time. Paypal has some history in doing just so. This is unbearable!

I would choose BItcoin over Paypal any day because of the issue of anonymity present in the latter unlike the former. In as much as this is there Paypal still has this major advantage over Bitcoin because of the issue of being able to reverse transactions and this has protected quite a number of people of being duped of their hard earned resources unlike Bitcoin in which I have personally fallen victim because of this reversibility of transactions and no one to report to.

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October 03, 2016, 08:09:24 AM
 #1172

Yes Paypal is crappy , Paypal will sooner or later ask you to provide information's to confirm your identity if you receive big amounts of cash or from suspicious accounts , and they can limit your account and you lose your money even if you did nothing .
Bitcoin don't need ID,Passport , don't need a specific age , can't get limited and you can receive how much you want and also you won't get your balance chargebacked by the sender , fees are much lower and much more ...  Bottom line ? Bitcoin > Paypal .

Now if you are selling your BTC for Paypal , you may want to be caution because you can get scammed so make sure to trade with someone trusted and note that using a Middleman won't really change anything because the other party can still chargeback so it's not really recommended to accept payments on Paypal .
If you want to make money you should use the bitcoin because the bitcoin is here just to make money and not to spent money you should use paypal by paying things online for sure.
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October 03, 2016, 04:27:03 PM
 #1173

I do not know what is really better but if I have to look at the fact that the bitcoin can be used everywhere and that it has a good future too I choose the bitcoin.
Another thing is that you are self controlling it and with PayPal this is not the story at all.


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October 03, 2016, 05:45:48 PM
 #1174

Medium mode of payment globally can be achieved by bitcoin but being the major one, it won't happen. First of all, most of big merchants are using Paypal since fiat currency is used more. Even bitcoin usage will increase to the next following years, most of it's new users will use bitcoin for investment purposes and not as a usual currency.
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October 03, 2016, 08:46:04 PM
 #1175

Bitcoin is way much better than paypal for me and thats my opinion and different peoples have different opinions.For me because it was very difficult for me to understand the concept of paypal dont know clearly how it works,the transactions are reversible and fees are also more and its not accepted in every country as well so in that concern i can say bitcoin is much better that paypal.
Yes there are many people who prefer bitcoin than paypal because a lot of the conveniences we can get from bitcoin. To benefit bitcoin is not as complicated and as difficult as paypal. Bitcoin is a good investment because it has its own currency and not to rely on the dollar.
i have o idea either itis good or band, i personally have no experience about it, becasue i have never use paypal in my life time, the reason is that i personally have no interest in bitcoin and the second is that it is banned in my countr therefore i will like to give preference to bitcoin and not to paypal
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October 03, 2016, 08:51:26 PM
 #1176

Bitcoin is much better and more comfortable, and it is easier to change it for cash if you need, in my country. All the banks stopped working with Paypal about half a year ago. So Paypal i can use only to by something in the internet.
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October 04, 2016, 12:53:07 AM
 #1177

My friend told me today, that he can't transfer any funds to his papal from his local bank account, because recently they PayPal was blocked due to "security reasons".

I investigated a little and actually it is pretty common problem and once the system flags an account, you have to contact customer support.

Yet another way to love centralized and regulated services.
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October 04, 2016, 01:36:46 AM
 #1178

Bitcoin is much better and more comfortable, and it is easier to change it for cash if you need, in my country. All the banks stopped working with Paypal about half a year ago. So Paypal i can use only to by something in the internet.

but your about only easy change to fiat money real money
paypal is easy, because paypal can exchange direct withdraw to my bank
not exchange direrect withdraw to paypal in my bank
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October 04, 2016, 02:00:37 AM
 #1179

Bitcoin is much better and more comfortable, and it is easier to change it for cash if you need, in my country. All the banks stopped working with Paypal about half a year ago. So Paypal i can use only to by something in the internet.

but your about only easy change to fiat money real money
paypal is easy, because paypal can exchange direct withdraw to my bank
not exchange direrect withdraw to paypal in my bank
yes thats your advantage with paypal but time will come that bitcoin can be done like that too but paypal aint able to be like bitcoin because bitcoin is a currency itself while paypal is just like a credit card which only serve its purposes.
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October 04, 2016, 02:29:06 AM
 #1180

bitcoin still the best is compare paypal
with bitcoin you can grow your money
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