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Author Topic: Is bitcoin better or paypal?  (Read 281168 times)
phreaky
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October 11, 2016, 07:51:06 AM
 #1261

In my opinion bitcoin is way better than paypal is. Paypal does different things but bitcoin just works easier cheaper and faster.
The only thing that bitcoin has to improve is that we can pay in more places, then bitcoin really beats paypal on every subject.
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October 11, 2016, 07:58:28 AM
 #1262

Paypal is hassle to others because of security measures it's giving to their users and its just fine.

Bitcoin is easy to use because no security measures are given here.

Therefore, both are useful depends on the person's need.

Like here in my location, withdrawing cash is easy with bitcoin here so I will choose bitcoin. I don't have bank account that's why I can't use Paypal for withdrawing cash.
You cant say that one is better than the other becuase they can both be used for othe rthings you knwo some things can be done by the same but i dont think both are bad
they can both be used for good
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October 11, 2016, 08:18:18 AM
 #1263

I don't think that bitcoin is better than paypal as you can see paypal are more appropriate with more online payment shop store and it can use world wide buy selling and buying items from online store , Maybe soon if bitcoin are going to be accepted on online stores maybe bitcoin will be the best payment option.
If you ask people what the main reason is they use PayPal for, then they will answer you with that PayPal supports charge backs, and that's it.

This chargeback feature that buyers may love, is an absolute nightmare feature for sellers. People selling stuff outside Ebay should at all times have also Bitcoin as optional payment method. Everything that you receive in Bitcoin, is full yours. Sellers will never be cheated on with chargebacks with Bitcoin.
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October 11, 2016, 08:40:27 AM
 #1264

Loving them both but I think the bitcoin is better because you can control the bitcoin by yourself and you never will have any issues with the bitcoin anytime, with paypal there are all kind of problems sometimes your account will get limited.
Paypal is sometimes very annoying the good thin about it is that you can simply charge back money.


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October 11, 2016, 10:34:50 AM
 #1265

I don't think that bitcoin is better than paypal as you can see paypal are more appropriate with more online payment shop store and it can use world wide buy selling and buying items from online store , Maybe soon if bitcoin are going to be accepted on online stores maybe bitcoin will be the best payment option.
If you ask people what the main reason is they use PayPal for, then they will answer you with that PayPal supports charge backs, and that's it.

This chargeback feature that buyers may love, is an absolute nightmare feature for sellers. People selling stuff outside Ebay should at all times have also Bitcoin as optional payment method. Everything that you receive in Bitcoin, is full yours. Sellers will never be cheated on with chargebacks with Bitcoin.
you must've forgot about double spend in bitcoin even though people are rarely using it but it could be used to trick us but it can be resolved by waiting the confirmation until it confirmed,and also beware if you're dealing with people who always setting up zero fees for every transaction,the transaction probably will be rejected by the network and the funds comeback to the sender

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October 11, 2016, 10:43:39 AM
 #1266

Loving them both but I think the bitcoin is better because you can control the bitcoin by yourself and you never will have any issues with the bitcoin anytime, with paypal there are all kind of problems sometimes your account will get limited.
Paypal is sometimes very annoying the good thin about it is that you can simply charge back money.

Charge  back money  on paypal would  have advantage and disadvantages  because   it could be  used on scamming someone. You are right  we  have full control on our bitcoins  which is  very good   and paypal is somehow strict regarding   on transactions and  on identifying your account  and also  do  have  huge transaction fees,

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October 11, 2016, 11:07:16 AM
 #1267

Loving them both but I think the bitcoin is better because you can control the bitcoin by yourself and you never will have any issues with the bitcoin anytime, with paypal there are all kind of problems sometimes your account will get limited.
Paypal is sometimes very annoying the good thin about it is that you can simply charge back money.

Charge  back money  on paypal would  have advantage and disadvantages  because   it could be  used on scamming someone. You are right  we  have full control on our bitcoins  which is  very good   and paypal is somehow strict regarding   on transactions and  on identifying your account  and also  do  have  huge transaction fees,
If scam protection is the only advantage of Paypal then I would say that is not good enough to make their people loyal to their service, we have bitcoin and we can use the escrow system from a company or someone that can be trusted so there is no big advantage if they have one.

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October 11, 2016, 11:09:04 AM
 #1268

Personally I like Bitcoin more and the reason is because as you can see now you see also that Bitcoin is getting more popular and that is quite nice for the currency itself.
But you never know only what is going to happen with the value and that is the only problem.

bitcoin is good investment because value in fluctuatif not stable value
is stable value bitcoin can't trading only payment procesor same with paypal not diference
so is good bitcoin price always fluctuatif not stable price
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October 11, 2016, 05:43:13 PM
 #1269

They are both good but I honestly must say that I do not even think that you can compare them to each other due to the fact that they both are doing something else.
Paypal will maybe even accept the bitcoin soon or later!

definitely right,paypal is a service based in USA having office , a company,and many employees while bitcoin is only currency that running with decentralized system and being supported by its community,definitely a different thing but people are comparing it from the side of fees and anything else that can be compared so it's not about which service they offer,but about the benefits of using both
The only benefit (according to people) PayPal has compared to Bitcoin, is that PayPal offers their customers buyer protection.

And yes, I can see the benefits of this feature, but it's a horrible thing for sellers as people can cheat on sellers by charging back their money after receiving the product.

That's a nasty downside of PayPal's loved buyer protection feature. They should also do something to protect sellers.
That does not seem like an advantage to me in my opinion is a tremendous disadvantage if compare it to bitcoin, the only thing in favor of PayPal is adoption, PayPal has done such a good job there that you can buy stuff in real stores with PayPal and no one says anything about it, I hope that we reach that level of adoption with bitcoin someday.
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October 12, 2016, 07:14:51 AM
 #1270

I don't think that bitcoin is better than paypal as you can see paypal are more appropriate with more online payment shop store and it can use world wide buy selling and buying items from online store , Maybe soon if bitcoin are going to be accepted on online stores maybe bitcoin will be the best payment option.
If you ask people what the main reason is they use PayPal for, then they will answer you with that PayPal supports charge backs, and that's it.

This chargeback feature that buyers may love, is an absolute nightmare feature for sellers. People selling stuff outside Ebay should at all times have also Bitcoin as optional payment method. Everything that you receive in Bitcoin, is full yours. Sellers will never be cheated on with chargebacks with Bitcoin.
you must've forgot about double spend in bitcoin even though people are rarely using it but it could be used to trick us but it can be resolved by waiting the confirmation until it confirmed,and also beware if you're dealing with people who always setting up zero fees for every transaction,the transaction probably will be rejected by the network and the funds comeback to the sender

I didn't forget about double spend attempts. I am doing quite a lot business through Bitcoin, and I always wait for at least one confirmation before I send out what people have bought. It's that simple. I'm not a newbie here. Don't act smart.
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October 12, 2016, 07:15:41 AM
 #1271

100% bitcoin is much better than paypal,

In paypal you have to disclose all you identitys and you have to give your identity proofs , in paypal transaction reverse is very famous to scam. and i personally saw paypal and the procedure of it is very bad. and their charges also heavy.

In bitcoin you dont have to disclose your identitys , you can just create a hardware or online web wallet and give your wallet address where ever you want to receive or pay the bitcoins. the transaction charges are also less. and more it is irreversible, and about converting to fiat currency their are so many exchanges where you can convert it one is like localbitcoins.com which is having so many user who are ready to buy or sell and do transaction through bank transfer.
I dont think that you can say the one is better than the otherone i think that you have to choose between the two things where to use it for
you know that they can both been used for all kind of things.
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October 12, 2016, 07:46:33 AM
 #1272

100% bitcoin is much better than paypal,

In paypal you have to disclose all you identitys and you have to give your identity proofs , in paypal transaction reverse is very famous to scam. and i personally saw paypal and the procedure of it is very bad. and their charges also heavy.

In bitcoin you dont have to disclose your identitys , you can just create a hardware or online web wallet and give your wallet address where ever you want to receive or pay the bitcoins. the transaction charges are also less. and more it is irreversible, and about converting to fiat currency their are so many exchanges where you can convert it one is like localbitcoins.com which is having so many user who are ready to buy or sell and do transaction through bank transfer.

But you have more protection using Paypal. You can reverse a payment if you are scammed by somebody else.
I dnt think you can say than bitcoins are better or paypal is better you can use them both becuase they can both been used for other things so i would use bitcoins as investment and paying online with the paypal.
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October 12, 2016, 07:54:18 AM
 #1273

If you want to be sure that you are making money with the bitcoin you should use it only as investment and if you want to let paypal work you should use that for online
payments and there you go both can be used for goods.
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October 12, 2016, 07:58:17 AM
 #1274

Well first of all I will never like paypal so my opinion isn't really fair, but I truly believe bitcoin is better for everything.
When bitcoin will be accepted in all online stores then why the hell would anyone use paypal? it's just a headache.
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October 12, 2016, 08:47:32 AM
 #1275

I find bitcoin way better than paypal could be the problem with paypal is you don't have full control over your account.
One day they can freeze it without your knowledge and you can't reach your funds for emergencies for example.
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October 12, 2016, 09:43:28 AM
 #1276

Paypal included with many scam attempts but Bitcoins are not like that, I prefer bitcoin, it is easy to use bitcoin bitcoin is very convenient especially if used as a trading tool, in contrast with paypal transaction requires a fairly long time and is very difficult to verify his account...
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October 12, 2016, 10:43:26 AM
 #1277

100% bitcoin is much better than paypal,

In paypal you have to disclose all you identitys and you have to give your identity proofs , in paypal transaction reverse is very famous to scam. and i personally saw paypal and the procedure of it is very bad. and their charges also heavy.

In bitcoin you dont have to disclose your identitys , you can just create a hardware or online web wallet and give your wallet address where ever you want to receive or pay the bitcoins. the transaction charges are also less. and more it is irreversible, and about converting to fiat currency their are so many exchanges where you can convert it one is like localbitcoins.com which is having so many user who are ready to buy or sell and do transaction through bank transfer.

But you have more protection using Paypal. You can reverse a payment if you are scammed by somebody else.
I dnt think you can say than bitcoins are better or paypal is better you can use them both becuase they can both been used for other things so i would use bitcoins as investment and paying online with the paypal.


That's his thoughs regarding for those two processors since not all people using paypal aswell as not all people using bitcoin and it matters that bitcoin doesn't accepted by those big stores for now and that is the big + for paypal since i think it has a lot of user since they can use it for shopping online, so thats why i think really that it is not good for comparing those two since they are both great processor, but the big - for paypal for me is huge transaction fee.

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October 12, 2016, 10:56:31 AM
 #1278

iam prefered use bitcoin
because bitcoin is very easy use without verified, paypal must verified and dificlut in use
paypal high fee, bitcoin low fee
bitcoin can use investment with trading paypal can't trading can't investment
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October 12, 2016, 11:20:47 AM
 #1279

iam prefered use bitcoin
because bitcoin is very easy use without verified, paypal must verified and dificlut in use
paypal high fee, bitcoin low fee
bitcoin can use investment with trading paypal can't trading can't investment
yeah , and also  paypal is reversible  and can deduct balance from account attached with it without notify . so bitcoin is many times better than paypal .

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SEPTEMBER 30

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gokayc
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October 12, 2016, 11:25:32 AM
 #1280

If you are a seller than dont use Paypal but if you would like to purchase something then you can use Paypal. But in this case there is no much people use Bitcoin for payment so mostly you will have to use accept Paypal anyway. Just need to be careful.

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  O HOLD YOUR
OWN KEYS!
  O   O [SUCCESS   
RAISE
US$18mil+]
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