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Author Topic: Is bitcoin better or paypal?  (Read 281168 times)
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October 16, 2016, 05:39:30 PM
 #1341

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.

The Paypal is very fast and very poplular. But after the bitcoin is more popular, you can use the paypal to use the bitcoin.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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October 16, 2016, 08:14:00 PM
 #1342

to me bitcoin is more better that paypal paypal is not resent every where mean there service is limited and is not available everywhere, where as bitcoin is really a present every where  as it s universal currency and you can see its users from all over the world therefore bitcoin is too better than paypal.
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October 16, 2016, 08:33:21 PM
 #1343

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.
I think we cannot called paypal as regional as it is allowed on a large number of country but the problem is that it is not allowed to every country of the world so we also cannot called it as worldwide or universal just like bitcoin.
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October 16, 2016, 10:16:12 PM
 #1344

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.
i agree with you that bitcoin transaction is really very fastest and bitcoin transaction is easy with lowest fees and its very useful so also prefer that bitcoin is much more better than paypal or other service
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October 17, 2016, 03:27:33 AM
 #1345

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 and paypal, Well as we all know about these two, Paypal has a big different in bitcoin, Paypal need any ID verification such as passport, etc. while in bitcoin don't need that actually, paypal has also a large transaction fee compare to bitcoin is too small in charge transaction fee. Meaning when it come to comparison bitcoin is better than Paypal.
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October 17, 2016, 06:38:08 AM
 #1346

to me bitcon is more better than paypal. paypal is a regional and its service is not available every where. where as bitcoin is a universal currency and its service is available every where. and that is the reason that i am only using bitcoin and never use paypal.
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October 17, 2016, 07:49:11 AM
 #1347

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.
If you want to use them both that it really possibile because i know that bitcoins are hetting big in the future and that will always be because bbitcoins has that many users off course.
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October 17, 2016, 08:05:22 AM
 #1348

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.
i agree with you that bitcoin transaction is really very fastest and bitcoin transaction is easy with lowest fees and its very useful so also prefer that bitcoin is much more better than paypal or other service
If you want to know witch one is better yoiu should try to get more bitcojns because paypal is many times easier to use than bitcoins
and i know for sure you want to use both.
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October 17, 2016, 08:20:28 AM
 #1349

Bitcoin and PayPal were given preference based upon the users need. In my view bitcoin was given preference for transaction purpose compared to purchase. PayPal is effective in terms of online shopping or for other purchase from stores because of its return back policy which is not yet available with bitcoin.
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October 17, 2016, 10:07:17 AM
 #1350

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.

if you buy and seller not send prduct your can dispute and your money can back
if feature dispute can saving buyer and scamer

if you buying and selling use bitcoin your must find is high trusted , or you can buy selinng bitcoin in support paypal you can try virwox
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October 17, 2016, 11:23:07 AM
 #1351

Bitcoin and PayPal were given preference based upon the users need. In my view bitcoin was given preference for transaction purpose compared to purchase. PayPal is effective in terms of online shopping or for other purchase from stores because of its return back policy which is not yet available with bitcoin.
don't even think the chargeback feature is making paypal even more effective for shopping or just plain a mistake which make it vulnerable to be misused by some people,so many sellers are getting scammed because of this feature and if you just see it,it's like paypal helping people to get scammed

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October 17, 2016, 02:30:09 PM
 #1352

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
If you want to use them both it is really ok but you have to know witch one to use for what becuase lots of peopel are using bitcoins for the wrong
reason and that is not waht you have to do with the bitcoin.
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October 17, 2016, 03:07:52 PM
 #1353

For me it depends on what kind of transaction are you dealing with. Both has its pros and cons. But I actually prefer bitcoin than paypal. Bitcoin is much more reliable and accessible for me. Also bitcoin has a lower fee and as for me I feel safe using bitcoin because it has no chargeback option.
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October 17, 2016, 03:27:09 PM
 #1354

Bitcoin is better than paypal when it comes to security. There's 2FA in Bitcoin, signed message, email verification, etc. And the person you're transacting with cannot secretly dispute his payment before 180 days. The only advantage of using Paypal over Bitcoin is that there are more online shops that accepts paypal than bitcoin
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October 17, 2016, 08:13:42 PM
 #1355

Bitcoin is better than paypal when it comes to security. There's 2FA in Bitcoin, signed message, email verification, etc. And the person you're transacting with cannot secretly dispute his payment before 180 days. The only advantage of using Paypal over Bitcoin is that there are more online shops that accepts paypal than bitcoin
Bitcoin itself doesn't have 2FA and email verification. It's either included in the clients itself, or related to certain wallet services and exchanges online.

Other than that, you're right, Bitcoin doesn't allow scammers to cheat on people by charging back money where the selling party ends up with the losses.

That's why stores, online sellers, people doing side jobs, and what not, should start accepting Bitcoin as an optional payment method. Better safe than sorry.


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October 17, 2016, 10:04:46 PM
 #1356

Bitcoin is better than paypal when it comes to security. There's 2FA in Bitcoin, signed message, email verification, etc. And the person you're transacting with cannot secretly dispute his payment before 180 days. The only advantage of using Paypal over Bitcoin is that there are more online shops that accepts paypal than bitcoin

Exactly, Paypal is more popular only because it exists since long time and more people are aware about it as almost all online shopping sites accepts Paypal but things will surely change in future.
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October 18, 2016, 11:21:24 AM
 #1357

Bitcoin is better than paypal when it comes to security. There's 2FA in Bitcoin, signed message, email verification, etc. And the person you're transacting with cannot secretly dispute his payment before 180 days. The only advantage of using Paypal over Bitcoin is that there are more online shops that accepts paypal than bitcoin

Exactly, Paypal is more popular only because it exists since long time and more people are aware about it as almost all online shopping sites accepts Paypal but things will surely change in future.
and also because paypal could be linked to credit card directly and if you want to buy thing just press purchase even you have no balance it will charge your card automatically and people are trusting it because it have office and certified as trusted company even though bitcoin's decentralized characteristic is just having equal securities as this

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October 18, 2016, 11:30:36 AM
 #1358

Bitcoin is better than paypal when it comes to security. There's 2FA in Bitcoin, signed message, email verification, etc. And the person you're transacting with cannot secretly dispute his payment before 180 days. The only advantage of using Paypal over Bitcoin is that there are more online shops that accepts paypal than bitcoin

Exactly, Paypal is more popular only because it exists since long time and more people are aware about it as almost all online shopping sites accepts Paypal but things will surely change in future.

the thing with paypal is that they enjoy the option of reversing transactions a.k.a "buyers protection". this is the only thing that makes people somewhat trust and believe in paypal. it gives them confidence that if they buy something, they can get their money back.
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October 18, 2016, 11:33:52 AM
 #1359

Bitcoin is better than paypal when it comes to security. There's 2FA in Bitcoin, signed message, email verification, etc. And the person you're transacting with cannot secretly dispute his payment before 180 days. The only advantage of using Paypal over Bitcoin is that there are more online shops that accepts paypal than bitcoin

Exactly, Paypal is more popular only because it exists since long time and more people are aware about it as almost all online shopping sites accepts Paypal but things will surely change in future.

That is the problem. We got used to something whom got nothing more to offer. Just sending money and be used in buying online where they are the only one profiting from it. Bitcoin should be introduce in a different way for them to see the difference.

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October 18, 2016, 11:41:37 AM
 #1360

Bitcoin is better than paypal when it comes to security. There's 2FA in Bitcoin, signed message, email verification, etc. And the person you're transacting with cannot secretly dispute his payment before 180 days. The only advantage of using Paypal over Bitcoin is that there are more online shops that accepts paypal than bitcoin

Exactly, Paypal is more popular only because it exists since long time and more people are aware about it as almost all online shopping sites accepts Paypal but things will surely change in future.

the thing with paypal is that they enjoy the option of reversing transactions a.k.a "buyers protection". this is the only thing that makes people somewhat trust and believe in paypal. it gives them confidence that if they buy something, they can get their money back.

Now it makes sense. Havent tried that money back for all my past transactions there are always complete. So that is their reasons. Thanks for clearing that out and giving information here. I will try to ask some of my friends who still use this Paypal.
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