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Author Topic: Is bitcoin better or paypal?  (Read 281168 times)
socks435
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October 14, 2016, 09:45:35 PM
 #1321

Paypal sounds more trusted than bitcoin in some cases but not always and until you see that your funds on your paypal account got stucked and they start asking you for different verification.

With bitcoin you have the freedom to make any payment and without limit on volume and in most cases nobody asks you for these payments(unless you use exchange wallets or thirdparty wallets).

Another reason that I prefer to use bitcoin before paypal is because of the fees that are much lower than paypal especially on high amounts.
This is one of the things that really bothers me of PayPal, you verify your account and then you make a transaction and suddenly they ask for verification again it can become extremely frustrating to go to that process again and again.
Yeah but for me its still worth it just to protect your account for any fraud and scamming.. also you have buyers protection in paypal.. but the fees is my problem they are asking high fee for far places.. but in bitcoin  they are just asking for a small fee..

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bitcoin21
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October 14, 2016, 11:14:30 PM
 #1322

I already made a bad experience buying Bitcoin with Paypal. I can not recommend it. Paypal gives you absolutely no support when the seller is requesting the money back because it is not allowed to buy cryptocurrencies with Paypal.
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October 14, 2016, 11:34:34 PM
 #1323

i love bitcoin
 Grin

bitcoin is fast

Me too I love bitcoins now but I need to admit that I am using paypal for a lot of years until now. Because there are some payment that are automatically sent to my paypal account. But for me, bitcoin is better than paypal even though paypal has been established for a lot of years now. And the transaction is really fast and convenient.

It is more convenient to use the paypal now as there are more users. But that might change in the future.

Paypal is not more convenient cause paypal is can freeze your funds whenever they want to and they actually do so.
I like bitcoin more than paypal anyday cause bitcoin has way more freedom.

I'm using my PayPal account for last 10+ years, but until now they never freeze my account, but they sent an email in advance after reaching a certain amount of transaction to verify my account with proofs. I verified my account a few years ago and until now no issues. Unless people do something suspicious activities, they will freeze and ask for verification. Both PayPal and bitcoins got advantages, and I use both for different purposes.
andyste
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October 15, 2016, 12:27:38 AM
 #1324

I already made a bad experience buying Bitcoin with Paypal. I can not recommend it. Paypal gives you absolutely no support when the seller is requesting the money back because it is not allowed to buy cryptocurrencies with Paypal.

paypal only good is buying in online store ebay and more
if you buy bitcoin use paypal is only few site in support,
in exchanger only virwox its support paypal
goldcoinminer
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October 15, 2016, 02:52:59 AM
 #1325

I already made a bad experience buying Bitcoin with Paypal. I can not recommend it. Paypal gives you absolutely no support when the seller is requesting the money back because it is not allowed to buy cryptocurrencies with Paypal.

paypal only good is buying in online store ebay and more
if you buy bitcoin use paypal is only few site in support,
in exchanger only virwox its support paypal
They are good before but with the advent of bitcoin, their popularity were lessens since most of the people who loves to transact online shifted to bitcoin already, I am one of the users of paypal and now I solely use bitcoin only for online transactions as it is very simple.
mace15
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October 15, 2016, 10:16:19 AM
 #1326

Bitcoin is better than paypal. I never used paypal because
its not easy to use, not easy for transactions. While, bitcoin
is easy to use, fast transaction and low costs.
StarofBTC
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October 15, 2016, 11:41:24 AM
 #1327

Bitcoin is better than paypal. I never used paypal because
its not easy to use, not easy for transactions. While, bitcoin
is easy to use, fast transaction and low costs.
Yes, with bitcoin ecosystem you will be able to transact immediately once you make decisions to do so whereas with PayPal you need to submit them many documents and clear verification so that you will be able to do transactions with them.

Bitcoin is always simple and convenient for all of us, so it must be better one for all human beings.
bamboylee
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October 15, 2016, 12:17:07 PM
 #1328

to me bitcoin is too much better than paypal, as paypal is not universal where as bitcoin is a universal currency, bitcoin can be use any where having equal value every where, where as paypal is not available every where

thats true, if we compared bitcoin and paypal, I also choose bitcoin.
Bitcoin is good payment. fast transaction and low fee and very easy to use.

Well paypal now is going to adopt bitcoins so this comparison is going to be nonsense in the future. But as long as paypal is still not implementing usage and acceptance of bitcoin to their service I would gladly say that bitcoin is going to be better than paypal. Paypal has a lot of flaws with their service unlike bitcoin.

Is this news verified or just your opinion. In My experience with paypal, they are very strict in following laws and avoiding money laundering. If they adopt bitcoin, it will go.against all they have been doing all these years.
freedomgo
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October 15, 2016, 12:43:20 PM
 #1329

to me bitcoin is too much better than paypal, as paypal is not universal where as bitcoin is a universal currency, bitcoin can be use any where having equal value every where, where as paypal is not available every where

thats true, if we compared bitcoin and paypal, I also choose bitcoin.
Bitcoin is good payment. fast transaction and low fee and very easy to use.

Well paypal now is going to adopt bitcoins so this comparison is going to be nonsense in the future. But as long as paypal is still not implementing usage and acceptance of bitcoin to their service I would gladly say that bitcoin is going to be better than paypal. Paypal has a lot of flaws with their service unlike bitcoin.

Is this news verified or just your opinion. In My experience with paypal, they are very strict in following laws and avoiding money laundering. If they adopt bitcoin, it will go.against all they have been doing all these years.
You cannot argue on the reality because they are a legitimate business guided by the law of the government, if you use paypal you need to comply with their rules otherwise you will not be recognize or will not have a good experience with their service, bitcoin on the other hand is very independent and free from the laws of the government.

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carlfebz2
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October 15, 2016, 12:45:25 PM
 #1330

to me bitcoin is too much better than paypal, as paypal is not universal where as bitcoin is a universal currency, bitcoin can be use any where having equal value every where, where as paypal is not available every where

thats true, if we compared bitcoin and paypal, I also choose bitcoin.
Bitcoin is good payment. fast transaction and low fee and very easy to use.

Well paypal now is going to adopt bitcoins so this comparison is going to be nonsense in the future. But as long as paypal is still not implementing usage and acceptance of bitcoin to their service I would gladly say that bitcoin is going to be better than paypal. Paypal has a lot of flaws with their service unlike bitcoin.

Is this news verified or just your opinion. In My experience with paypal, they are very strict in following laws and avoiding money laundering. If they adopt bitcoin, it will go.against all they have been doing all these years.
You cannot argue on the reality because they are a legitimate business guided by the law of the government, if you use paypal you need to comply with their rules otherwise you will not be recognize or will not have a good experience with their service, bitcoin on the other hand is very independent and free from the laws of the government.
Thats the beauty of  using bitcoin hence there no one  could able to control or manipulate  bitcoin  unlike to paypal  as you said that its been guided   by the  law of  government and  they are really strict on implementing   on their rules  regarding on their service thats why some  people  have really hard time  to  use  paypal unlike  to bitcoin.
garmerys
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October 16, 2016, 06:11:27 AM
 #1331

I have been told that don't accept payments via paypal, is that right?
Because when buyer will have his bitcoins then he can claim back money from paypal by saying that i haven't received desired product.
Bitcoin is far better than any payment option you can think of now in the world. Paypal has lots of problems most especially in limiting ones account, currently I have more than 2 accounts with paypal that are limited so I can not be able to withdraw my money.
trissfc1998
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October 16, 2016, 07:13:56 AM
 #1332

Bitcoin is far better than paypal. If we use paypal it has huge amount transaction fees than bitcoin. If wanna compare paypal means We can compare with Western union. Transactions are open and transparent in bitcoin Not like transaction medium.
X-ray
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October 16, 2016, 11:47:53 AM
 #1333

to me bitcoin is too much better than paypal, as paypal is not universal where as bitcoin is a universal currency, bitcoin can be use any where having equal value every where, where as paypal is not available every where

thats true, if we compared bitcoin and paypal, I also choose bitcoin.
Bitcoin is good payment. fast transaction and low fee and very easy to use.

Well paypal now is going to adopt bitcoins so this comparison is going to be nonsense in the future. But as long as paypal is still not implementing usage and acceptance of bitcoin to their service I would gladly say that bitcoin is going to be better than paypal. Paypal has a lot of flaws with their service unlike bitcoin.

Is this news verified or just your opinion. In My experience with paypal, they are very strict in following laws and avoiding money laundering. If they adopt bitcoin, it will go.against all they have been doing all these years.
paypal is not planning on adopting bitcoin but paypal only having cooperation with coinbase,keep in mind only with coinbase,though paypal only make you easily receiving money that you've been exchanged from bitcoin to paypal without being accussed as money laundering or crypto trading which is actually prohibited by paypal

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goldcoinminer
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October 16, 2016, 12:05:12 PM
 #1334

to me bitcoin is too much better than paypal, as paypal is not universal where as bitcoin is a universal currency, bitcoin can be use any where having equal value every where, where as paypal is not available every where

thats true, if we compared bitcoin and paypal, I also choose bitcoin.
Bitcoin is good payment. fast transaction and low fee and very easy to use.

Well paypal now is going to adopt bitcoins so this comparison is going to be nonsense in the future. But as long as paypal is still not implementing usage and acceptance of bitcoin to their service I would gladly say that bitcoin is going to be better than paypal. Paypal has a lot of flaws with their service unlike bitcoin.

Is this news verified or just your opinion. In My experience with paypal, they are very strict in following laws and avoiding money laundering. If they adopt bitcoin, it will go.against all they have been doing all these years.
paypal is not planning on adopting bitcoin but paypal only having cooperation with coinbase,keep in mind only with coinbase,though paypal only make you easily receiving money that you've been exchanged from bitcoin to paypal without being accussed as money laundering or crypto trading which is actually prohibited by paypal
For me, I do not need paypal anymore to transact online because my current exchange allow me transfer funds from and to my bank account, that gives me convenience already and it is more on my bank account and exchanges transaction using bitcoins.
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October 16, 2016, 12:29:01 PM
 #1335

Bitcoin is far better than paypal. If we use paypal it has huge amount transaction fees than bitcoin. If wanna compare paypal means We can compare with Western union. Transactions are open and transparent in bitcoin Not like transaction medium.
I agree with you . the cost of shipment paypal fee is quite large. and also verify paypal must use a credit card. not everyone has access to a credit card. it is the hard part. bitcoin provides the convenience of a variety of things.
Golftech
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October 16, 2016, 12:39:56 PM
 #1336

Bitcoin is far better than paypal. If we use paypal it has huge amount transaction fees than bitcoin. If wanna compare paypal means We can compare with Western union. Transactions are open and transparent in bitcoin Not like transaction medium.
I agree with you . the cost of shipment paypal fee is quite large. and also verify paypal must use a credit card. not everyone has access to a credit card. it is the hard part. bitcoin provides the convenience of a variety of things.
bitcoin even it is a good part from paypal to have the charged back option from my perception bitcoin transaction still the best easy and low
transaction fee with anonymous deal as well.
Dora Doll
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October 16, 2016, 12:55:45 PM
 #1337

Bitcoin is far better than paypal. If we use paypal it has huge amount transaction fees than bitcoin. If wanna compare paypal means We can compare with Western union. Transactions are open and transparent in bitcoin Not like transaction medium.
yes i also think so that bitcoin is too much better than paypal. it is also a fact that the transaction price of paypal is also too much as compare to bitcoin, paypal is regional and its service is not available everywhere, but bitcoin is a universal crypto currency and its value is present every where.
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October 16, 2016, 01:11:48 PM
 #1338

I have been told that don't accept payments via paypal, is that right?
Because when buyer will have his bitcoins then he can claim back money from paypal by saying that i haven't received desired product.
Bitcoin is far better than any payment option you can think of now in the world. Paypal has lots of problems most especially in limiting ones account, currently I have more than 2 accounts with paypal that are limited so I can not be able to withdraw my money.
Honestly, when your account in Paypal gets frozen, you might as well not think that those funds still exists. You will have to wait for 180 days and that is half of a year. You can't also sell that frozen account, if someone buys it, the price would be much lower than the actual funds that you have. Bitcoin doesn't cause any kind of trouble like this one. Bitcoin doesn't freeze your account because of absurd reasons. Moreover, it doesn't let the buyer dispute his payment.
andyste
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October 16, 2016, 03:14:45 PM
 #1339

Bitcoin is far better than paypal. If we use paypal it has huge amount transaction fees than bitcoin. If wanna compare paypal means We can compare with Western union. Transactions are open and transparent in bitcoin Not like transaction medium.

western union is diference is compare bitcoin or paypal
western union not payment procesor in online or not digital curency

but bitcoin is still better than good for paypal, bitcoin is very easy use without verified low fee, is paypal need verified high fee and very dificult in use
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October 16, 2016, 03:29:14 PM
 #1340

Bitcoin is far better than paypal. If we use paypal it has huge amount transaction fees than bitcoin. If wanna compare paypal means We can compare with Western union. Transactions are open and transparent in bitcoin Not like transaction medium.
yes i also think so that bitcoin is too much better than paypal. it is also a fact that the transaction price of paypal is also too much as compare to bitcoin, paypal is regional and its service is not available everywhere, but bitcoin is a universal crypto currency and its value is present every where.

no matter how much better bitcoin is. the average joe will always prefer to use payment services such as paypal as they trust them much more than they trust bitcoin. the main thing with bitcoin that they see as a problem, is that there is no central authority in place. that's the thing that bothers these people. add that the media is saying that bitcoin is a currency of the underworld, then you'll know what people will think.
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