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Author Topic: Is bitcoin better or paypal?  (Read 281168 times)
Abbybenson
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October 20, 2016, 07:53:10 PM
 #1401

If I've paypal alternative then I'll never ever use paypal. They're greedy and take your money always mostly on ebay deals.
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October 20, 2016, 09:44:02 PM
 #1402

Im an older costumer of paypal, i do used them because only websites honest and trusted were able to use paypal as payment processor, those which do earn or looking to earn does understand and knows about those. But since i found bitcoin and i can exchange it directly to my bank account i had left paypal, the fees they charged me in the past werent huge, as im european, but sometimes the fees makes no sense for me at all.
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October 20, 2016, 10:30:26 PM
 #1403

Im an older costumer of paypal, i do used them because only websites honest and trusted were able to use paypal as payment processor, those which do earn or looking to earn does understand and knows about those. But since i found bitcoin and i can exchange it directly to my bank account i had left paypal, the fees they charged me in the past werent huge, as im european, but sometimes the fees makes no sense for me at all.

We all were using Paypal in the past when we were unknown to bitcoins but now with existence of bitcoins I don't see any point in using Paypal as everything can be done with bitcoins very easily and that also with lowest fees.
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October 21, 2016, 12:01:40 AM
 #1404

If I've paypal alternative then I'll never ever use paypal. They're greedy and take your money always mostly on ebay deals.
paypal actually did not like it. only the process of using paypal only slightly complicated. first we need a credit card to use paypal. while making bitcoin account as easy as creating e-mail, it is very easy.

.
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October 21, 2016, 12:53:33 AM
 #1405

If I've paypal alternative then I'll never ever use paypal. They're greedy and take your money always mostly on ebay deals.

Since we have now alternative and its with bitcoin, even I if I just knew bitcoin from the start then I won't waste my time using paypal. Because they are really not fair for their charging fees. And they even charging you even your transaction is not going to be successful and you are not able to send money, so much greed.
Okay, but the worst things ever in my life about pay pal are they can suspending my account anytime with the unknown reason, and that is so fuckin for me, if  my account there are a lot of amounts are get a freeze cause by their regulation.

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October 21, 2016, 03:24:05 AM
 #1406

If I've paypal alternative then I'll never ever use paypal. They're greedy and take your money always mostly on ebay deals.

Since we have now alternative and its with bitcoin, even I if I just knew bitcoin from the start then I won't waste my time using paypal. Because they are really not fair for their charging fees. And they even charging you even your transaction is not going to be successful and you are not able to send money, so much greed.
Okay, but the worst things ever in my life about pay pal are they can suspending my account anytime with the unknown reason, and that is so fuckin for me, if  my account there are a lot of amounts are get a freeze cause by their regulation.
I guess they will not easily suspend an account for no reason, for sure you have violated on their rules that's why they suspend your accounts, but anyway that happens and shit happens. In bitcoin, I never had bad experience like that, except when I was scam in HYIP.
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October 21, 2016, 04:20:59 AM
 #1407

If I've paypal alternative then I'll never ever use paypal. They're greedy and take your money always mostly on ebay deals.
paypal actually did not like it. only the process of using paypal only slightly complicated. first we need a credit card to use paypal. while making bitcoin account as easy as creating e-mail, it is very easy.
that was correct , using bitcoin as easy as using a spoon to eat
while paypal have a very complicated system when you first time want to use it as you have pointed out
bitcoin provide its user an easy access , an easy way to start
this is what makes bitcoin better than paypal i just can not understand why a lot of online stores don't want bitcoin on their business.
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October 21, 2016, 04:28:29 AM
 #1408

If I've paypal alternative then I'll never ever use paypal. They're greedy and take your money always mostly on ebay deals.
paypal actually did not like it. only the process of using paypal only slightly complicated. first we need a credit card to use paypal. while making bitcoin account as easy as creating e-mail, it is very easy.
that was correct , using bitcoin as easy as using a spoon to eat
while paypal have a very complicated system when you first time want to use it as you have pointed out
bitcoin provide its user an easy access , an easy way to start
this is what makes bitcoin better than paypal i just can not understand why a lot of online stores don't want bitcoin on their business.
the volatility,unpopularity,and lack of knowledge about bitcoin that make so many online stores didn't want to implement bitcoin,they don't want to take a risk,even though there's an API that convert bitcoin directly,but lack of knowledge what makes them keep holding to not implement

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October 21, 2016, 04:35:35 AM
 #1409

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.
ofcourse you are right because with the reverse of money by the opposite person there is also an another problem .
PayPal can deduct balance from from the joined bank accounts sometimes  without any notice .
so it is right to not to use paypal .
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October 21, 2016, 05:01:19 AM
 #1410

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.
ofcourse you are right because with the reverse of money by the opposite person there is also an another problem .
PayPal can deduct balance from from the joined bank accounts sometimes  without any notice .
so it is right to not to use paypal .
unlike bitcoin you have he control on what you wanted to do for any transaction it will be much fair between you and your transaction partner if you are really doing good business.
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October 21, 2016, 06:19:41 AM
 #1411

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.
ofcourse you are right because with the reverse of money by the opposite person there is also an another problem .
PayPal can deduct balance from from the joined bank accounts sometimes  without any notice .
so it is right to not to use paypal .

People will continue to use Paypal because either they are not familiar to bitcoin yet or there are not many sites at a moment that accpets biticoin as a payment method so I don't think people will stop using Paypal.

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October 21, 2016, 10:20:58 AM
 #1412

Paypal is accepted universally for payments for goods. Bitcoin is not accepted by all traders that is the only drawback for payment through Bitcoins.Use Bitcoins for transaction of big .amounts since transaction fee is high in paypal
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October 21, 2016, 11:47:16 AM
 #1413

Paypal is accepted universally for payments for goods. Bitcoin is not accepted by all traders that is the only drawback for payment through Bitcoins.Use Bitcoins for transaction of big .amounts since transaction fee is high in paypal

Bitcoin is the best when it comes to money transfers as it involves very low fees but when it comes to online shopping I will still prefer to use Paypal as it is accepted almost on all sites.
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October 21, 2016, 12:27:21 PM
 #1414

Paypal is accepted universally for payments for goods. Bitcoin is not accepted by all traders that is the only drawback for payment through Bitcoins.Use Bitcoins for transaction of big .amounts since transaction fee is high in paypal

Bitcoin is the best when it comes to money transfers as it involves very low fees but when it comes to online shopping I will still prefer to use Paypal as it is accepted almost on all sites.

The fee was very low in the past. But it has risen in the past two years as there are transactions gradually.
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October 21, 2016, 01:05:54 PM
 #1415

Im an older costumer of paypal, i do used them because only websites honest and trusted were able to use paypal as payment processor, those which do earn or looking to earn does understand and knows about those. But since i found bitcoin and i can exchange it directly to my bank account i had left paypal, the fees they charged me in the past werent huge, as im european, but sometimes the fees makes no sense for me at all.
This thing about Paypal being attached to honest and trusted websites is only half the truth. Yes some websites owners encourage their members to keep faith with their sites by incorporating Paypal as one of their payment options, because they understand their members would see the opportunity to reverse a transaction if need be as a way to boost confidence in a program. But it turns out many times that Paypal end up being the scammers themselves - scamming owner of site as well as members.

It is a known fact, that the accounts of some well meaning sites have been frozen by Paypal in the past under flimsy excuses and the funds were never returned to members, who they claimed they were out to protect. We know that bitcoin means liberty and that is why it stands a better chance for acceptance globally.
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October 21, 2016, 01:56:08 PM
 #1416

Paypal is accepted universally for payments for goods. Bitcoin is not accepted by all traders that is the only drawback for payment through Bitcoins.Use Bitcoins for transaction of big .amounts since transaction fee is high in paypal

Bitcoin is the best when it comes to money transfers as it involves very low fees but when it comes to online shopping I will still prefer to use Paypal as it is accepted almost on all sites.

The fee was very low in the past. But it has risen in the past two years as there are transactions gradually.

the average fees will only go up in the coming years as pools will more and more depend on income from transaction fees. but right now you can already notice that when you use the recommended fee of 0.0001btc, that it isn't always enough to get your transaction confirmed within 2 blocks. and yes, i know that it also has to do something with the byte size of the transactions, but that's not the problem in this case.
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October 21, 2016, 03:13:13 PM
 #1417

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.

I use time to time paypal and I have verified it twice but again they are asking me for verification things like id and some bills.

And this is disturbing me because I'm not able to receive payments and use these funds or withdraw them on my debit card.

Bitcoin in this and many other cases is much better than paypal, and makes people more satisfied making transactions.
I hear you pal, I have been through that process a lot more times than I would have liked, and it’s infuriating, besides it’s not like I’m sending huge transaction anyway.
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October 21, 2016, 03:21:55 PM
 #1418

Paypal is accepted universally for payments for goods. Bitcoin is not accepted by all traders that is the only drawback for payment through Bitcoins.Use Bitcoins for transaction of big .amounts since transaction fee is high in paypal
however paypal has a complexity in the registration process. we are required to have a credit card. while not everyone has access to a credit card. it is a weakness paypal in my opinion.
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October 21, 2016, 04:29:23 PM
 #1419

If I've paypal alternative then I'll never ever use paypal. They're greedy and take your money always mostly on ebay deals.

Since we have now alternative and its with bitcoin, even I if I just knew bitcoin from the start then I won't waste my time using paypal. Because they are really not fair for their charging fees. And they even charging you even your transaction is not going to be successful and you are not able to send money, so much greed.

I'm having the same feeling but PayPal is also more accepted and due to that I use it more, not everything is already sold for bitcoins so due to that I still choose PayPal for simple payments right now.
Just because its not possible with BTC.
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October 21, 2016, 04:52:14 PM
 #1420

If I've paypal alternative then I'll never ever use paypal. They're greedy and take your money always mostly on ebay deals.

Since we have now alternative and its with bitcoin, even I if I just knew bitcoin from the start then I won't waste my time using paypal. Because they are really not fair for their charging fees. And they even charging you even your transaction is not going to be successful and you are not able to send money, so much greed.

I'm having the same feeling but PayPal is also more accepted and due to that I use it more, not everything is already sold for bitcoins so due to that I still choose PayPal for simple payments right now.
Just because its not possible with BTC.
Yeah Paypal is more popular then bitcoins at a moment as majority of sites have an option of Paypal so people are used to it and the other fact is people are not aware about bitcoins yet.
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