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Author Topic: Is bitcoin better or paypal?  (Read 281168 times)
klf
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October 18, 2016, 12:55:46 PM
 #1361

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.

It is not just because of they exists since a long time but they also have useful features for buyers to protect in case of seller try to scam them after the payment. But many people missed that option. Can you send money to unknown person online through bitcoins? I don't think anyone will do it because no way you can recover back your coins if seller scams you. So you always need a middle man to handle these trades, but in the case of PayPal it is easy.
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October 18, 2016, 01:05:41 PM
 #1362

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.

It is not just because of they exists since a long time but they also have useful features for buyers to protect in case of seller try to scam them after the payment. But many people missed that option. Can you send money to unknown person online through bitcoins? I don't think anyone will do it because no way you can recover back your coins if seller scams you. So you always need a middle man to handle these trades, but in the case of PayPal it is easy.
That's the advantage there as you will have to be very careful of transacting due to the fact that transaction cannot be reverse anymore, if you will compare bitcoin against paypal, you can still determine that bitcoin has more benefits compared to paypal although they have different advantage but the cheap transaction fee is a big factor to consider.

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October 18, 2016, 01:13:45 PM
 #1363

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
it is one of the advantages bitcoin. bitcoin gives us the assurance of highly reliable. various security features have been incorporated into bitcoin, even for me bitcoin has provided a sense of security and also convenient. we are not afraid of our bitcoin misused.
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October 18, 2016, 02:12:22 PM
 #1364

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.
|If you want to use the perfect one that cant becuase no one is perfect also the bitcoin or paypal is not perfect in this world but you can use them
both becuase lots of people are using them both.
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October 18, 2016, 02:31:57 PM
 #1365

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
it is one of the advantages bitcoin. bitcoin gives us the assurance of highly reliable. various security features have been incorporated into bitcoin, even for me bitcoin has provided a sense of security and also convenient. we are not afraid of our bitcoin misused.
With bitcoin we are untraceable because we are anonymous so with that you do things even illegal things, why I like bitcoin better than paypal is because with bitcoin I can use it to gamble in different casinos online and that gives me a comfort as I do not need to comply with the rules of some major casinos as there are better casinos that accept bitcoins.

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October 18, 2016, 02:37:16 PM
 #1366

paypal is ok if your using it for ebay cause i suppose it gives you protection from both sides (or is supposed to) bitcoin being non
reversable can also be a bad thing if your getting scammed.

I don’t worry about scamming. I know to protect myself from scam. I would wish to go with bitcoin only. First bitcoin price and paypal’s fiat price is have large difference. Bitcoin doesn’t have big transaction fee like paypal.So I ll go with bitcoin only.
Dont think that the bitcoin is better than the paypal becuase both are very good you know and that is not the problem yu can use them both you know and that makes bitcoin and paypal both better.
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October 18, 2016, 04:30:29 PM
 #1367

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..

The buyers protection in paypal is quite good but I am thinking that how about the seller? They are not covering the seller for their protection against fraud buyers and scammers. It did just happened to me that my buyer did reverse the payment he does after accepting the product that was shipped to him and that made me pissed.
Yeah, that is a pain, and if the product was a digital one then proving that you send something is really difficult and you may never get your money back.
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October 18, 2016, 04:45:28 PM
 #1368


With bitcoin we are untraceable because we are anonymous so with that you do things even illegal things, why I like bitcoin better than paypal is because with bitcoin I can use it to gamble in different casinos online and that gives me a comfort as I do not need to comply with the rules of some major casinos as there are better casinos that accept bitcoins.

No bitcoin is not really anonymous.

Anyways if you are running a company like Paypal and you are famous in the world and even complying with the laws per country just to run your business succesfully, will you allow gambling activities in your company? Of course no so your comparison doesn't make sense.

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October 18, 2016, 05:32:52 PM
 #1369

I think that they are both good but that bitcoin is better because you can control it by yourself and no one is watching you, with PayPal your account can be limited after a while and that really sucks without any doubts!!
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October 18, 2016, 08:01:35 PM
 #1370

it is 99x  times better than papal which i even dont use because of low fees and anonymously
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October 18, 2016, 08:35:59 PM
 #1371

to me bitcoin is too much better than paypal as bitcoin is a universal currency and is acceptable every where, where as paypal is not acceptable every where.
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October 19, 2016, 12:46:37 AM
 #1372

The bitcoin is pretty good and I think that its also a very profitable one if you are asking me, it has a great future and its also a great to use.
With PayPal its more a pay method extension, bitcoin is a real currency.
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October 19, 2016, 03:06:43 AM
 #1373

The bitcoin is pretty good and I think that its also a very profitable one if you are asking me, it has a great future and its also a great to use.
With PayPal its more a pay method extension, bitcoin is a real currency.
Bitcoin is pretty simple to use while paypal is complicated due to a lot of requirement that you need to comply if you want to avail in their service, bitcoin is very easy as you can create a wallet anytime you want and you are ready to transact online anytime you want. That makes bitcoin so popular now.
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October 19, 2016, 04:29:33 AM
 #1374

Time is going further.. there was any options before Bitcoin. "Normal" money is not economic, and not practice! Paypal was only a "bus stop" between blockchain and future. It is comin time for crypto.. no doubts!
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October 19, 2016, 05:46:15 AM
 #1375

both them choose is good
but only diference use, paypal majority use to publisher and online store
and bitcoin use to investment trading and more

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October 19, 2016, 06:10:55 AM
 #1376

both them choose is good
but only diference use, paypal majority use to publisher and online store
and bitcoin use to investment trading and more
Actually bitcoin is not just investment maybe newbie are thinking, bitcoin is created to cater our needs in transacting online but as of now since it is not that popular and we have a limited number of supply we can consider it as an investment to have at least a profit when it will be popular in the future.

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October 19, 2016, 06:17:02 AM
 #1377

both them choose is good
but only diference use, paypal majority use to publisher and online store
and bitcoin use to investment trading and more
I agree with you at least for right now, because sometime if bitcoins become more popular and there are many people who use bitcoins for payment method, bitcoins will become more good than paypal because bitcoin can be used for payment method and instrument of investments although that needs long time.
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October 19, 2016, 06:58:28 AM
 #1378

both them choose is good
but only diference use, paypal majority use to publisher and online store
and bitcoin use to investment trading and more
I agree with you at least for right now, because sometime if bitcoins become more popular and there are many people who use bitcoins for payment method, bitcoins will become more good than paypal because bitcoin can be used for payment method and instrument of investments although that needs long time.


bitcoins is more popular than paypal as of now. You will notice that on the total volume of btc in the market as of now. Bitcoin is the best mode of payment better than paypal, to protect the seller and buyer at the same time, Paypal is now falling because of their dispute option and so many lapses in their security.


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October 19, 2016, 07:48:13 AM
 #1379

Bitcoin is the new Paypal.

And with new innovations come more & better features:
- Tracing your coins in the blockchain
- Pay less fee (up to 99% on large transactions)
- Be anonymous, stay anonymous
- Own your money like a boss, no more paypal withdrawal limits
- More to come, stay tuned!
If you want to use them both that is not a problem because when you use them both you will be the smartest because paypal is for paying things
and bitcoins are for investments!!
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October 19, 2016, 10:43:43 AM
Last edit: October 19, 2016, 11:04:42 AM by aubert
 #1380

to me bitcoin is too much better than paypal as bitcoin is a universal currency and is acceptable every where, where as paypal is not acceptable every where.
well paypal is not a currency but it's also universal and have the same function when it's getting used to pay bills or someting else,paypal make you pay with fiat and bitcoin make you pay with bitcoin,and your statement above that saying paypal is not acceptable everywhere is wrong and seems that you're actually never use paypal?

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