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Author Topic: Is bitcoin better or paypal?  (Read 281168 times)
stadus
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October 23, 2016, 02:08:03 PM
 #1441

I do understand about the transaction fee is less in bitcoins but you miss the very important thing that is safty. If your dealing with a unknow person online then your main priority should be safty of our funds instead of worrying on small fee so when I deal with unknow people then I use paypal to pay them. Bitcoins are very safe but you always need to go through escorw to deal with unknow people.

That is the disadvantage of bitcoin, it is fast and less fee but you need to have an escrow to protect buyers. But if I have to chose between safe but will freeze your account (paypal) and fast, less fees but little bit risky (bitcoin), i'll choose bitcoin all the time.
It's actually depend on our interest, I do use bitcoin because I love to gamble and I do it regularly, and the fact that the rates are very low, it makes me gamble with ease and I can make transactions like even 100 transactions for a day without worrying the transaction fee, in paypal we cannot do that of course.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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October 23, 2016, 06:54:04 PM
 #1442

Of course yes, bitcoins is more better than paypal even if paypal is not better than skrill or neteller, paypal has bad support on their costumers services and it is uncomfortable for me using paypal.

Paypal or WU or neteller or any other services which is help to pay the money to worldwide will not give benefits. Best option is bitcoin only and you will have least fees among any kind of payment services.
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October 23, 2016, 06:56:32 PM
 #1443

I think bitcoin is better.I don't use paypal.
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October 23, 2016, 08:42:04 PM
 #1444

I think bitcoin is better.I don't use paypal.
i agree with you that bitcoin is much more better because bitcoin is available in everywhere in the world for shopping and a lot of people are using bitcoin because transaction is very faster and secure and bitcoin transaction fees is very much lower.
I also agree because I have dream to buy few things and this was not possible because paypal is not available here in our country now just because of this bitcoin its possible for me to buy many things and its reaching to me very quickly without any problem
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October 23, 2016, 08:56:25 PM
 #1445

I think bitcoin is better.I don't use paypal.
i agree with you that bitcoin is much more better because bitcoin is available in everywhere in the world for shopping and a lot of people are using bitcoin because transaction is very faster and secure and bitcoin transaction fees is very much lower.
I also agree because I have dream to buy few things and this was not possible because paypal is not available here in our country now just because of this bitcoin its possible for me to buy many things and its reaching to me very quickly without any problem
Yeah you are right that paypal is not acceptable in everywhere in some countries and bitcoin is really acceptable in everywhere and i also do not paypal because fees is very much higher and bitcoin is very useful nowadays.
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October 23, 2016, 08:58:04 PM
 #1446

I think bitcoin is better.I don't use paypal.
a lot of people are using bitcoin because transaction is very faster

False, in case of transactions from Bitcoin and PayPal there is no difference in transaction speeds as they both show up instantly. If you would have used PayPal you would have known that. With Bitcoin you however have to wait for at least one confirmation in order to start using the received amount.

I think bitcoin is better.I don't use paypal.
i agree with you that bitcoin is much more better because bitcoin is available in everywhere in the world for shopping and a lot of people are using bitcoin because transaction is very faster and secure and bitcoin transaction fees is very much lower.
I also agree because I have dream to buy few things and this was not possible because paypal is not available here in our country now just because of this bitcoin its possible for me to buy many things and its reaching to me very quickly without any problem

How can you agree with that while you haven't used PayPal? Also, may I know what country you are from?
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October 23, 2016, 09:41:39 PM
 #1447

I think bitcoin is better.I don't use paypal.
i agree with you that bitcoin is much more better because bitcoin is available in everywhere in the world for shopping and a lot of people are using bitcoin because transaction is very faster and secure and bitcoin transaction fees is very much lower.
I also agree because I have dream to buy few things and this was not possible because paypal is not available here in our country now just because of this bitcoin its possible for me to buy many things and its reaching to me very quickly without any problem
yes that is a fact that paypal is not available in most of the countries, some countries are not accepting it while in other countries they have not service therefore to me bitcoin is the best option.
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October 23, 2016, 10:57:48 PM
 #1448

Of course yes, bitcoins is more better than paypal even if paypal is not better than skrill or neteller, paypal has bad support on their costumers services and it is uncomfortable for me using paypal.

Paypal or WU or neteller or any other services which is help to pay the money to worldwide will not give benefits. Best option is bitcoin only and you will have least fees among any kind of payment services.
I also have left these payment processors after adopting bitcoin for online payment as one reason is that which you mentioned that its fees of transaction is very lower and the other reason is that I can send bitcoin to any wallet and any country.
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October 23, 2016, 11:03:10 PM
 #1449

Of course yes, bitcoins is more better than paypal even if paypal is not better than skrill or neteller, paypal has bad support on their costumers services and it is uncomfortable for me using paypal.

Paypal or WU or neteller or any other services which is help to pay the money to worldwide will not give benefits. Best option is bitcoin only and you will have least fees among any kind of payment services.
I also have left these payment processors after adopting bitcoin for online payment as one reason is that which you mentioned that its fees of transaction is very lower and the other reason is that I can send bitcoin to any wallet and any country.
That is the advantage of bitcoin and i think the price is not stable and anytime the price can be increase more.
I tried paypal payment but they are depends in the distance to pay for a fee unlike in bitcoin anywhere in the the same fee its up to you if you want to increase the default fee to increase the speed of you transaction..

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goldcoinminer
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October 24, 2016, 08:01:09 AM
 #1450

Of course yes, bitcoins is more better than paypal even if paypal is not better than skrill or neteller, paypal has bad support on their costumers services and it is uncomfortable for me using paypal.

Paypal or WU or neteller or any other services which is help to pay the money to worldwide will not give benefits. Best option is bitcoin only and you will have least fees among any kind of payment services.
I also have left these payment processors after adopting bitcoin for online payment as one reason is that which you mentioned that its fees of transaction is very lower and the other reason is that I can send bitcoin to any wallet and any country.
That is the advantage of bitcoin and i think the price is not stable and anytime the price can be increase more.
I tried paypal payment but they are depends in the distance to pay for a fee unlike in bitcoin anywhere in the the same fee its up to you if you want to increase the default fee to increase the speed of you transaction..
Definitely bitcoin has more the advantage as it is user friendly and you can transact anytime of the day, with bitcoin no one will care whatever you do with your bitcoins and that is why people are shifting since they can get complete freedom with bitcoin.
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October 24, 2016, 08:11:13 AM
 #1451

Of course yes, bitcoins is more better than paypal even if paypal is not better than skrill or neteller, paypal has bad support on their costumers services and it is uncomfortable for me using paypal.

Paypal or WU or neteller or any other services which is help to pay the money to worldwide will not give benefits. Best option is bitcoin only and you will have least fees among any kind of payment services.
I also have left these payment processors after adopting bitcoin for online payment as one reason is that which you mentioned that its fees of transaction is very lower and the other reason is that I can send bitcoin to any wallet and any country.
That is the advantage of bitcoin and i think the price is not stable and anytime the price can be increase more.
I tried paypal payment but they are depends in the distance to pay for a fee unlike in bitcoin anywhere in the the same fee its up to you if you want to increase the default fee to increase the speed of you transaction..
Definitely bitcoin has more the advantage as it is user friendly and you can transact anytime of the day, with bitcoin no one will care whatever you do with your bitcoins and that is why people are shifting since they can get complete freedom with bitcoin.
Yes anonymous feature of bitcoin makes it different from paypal and every other crypto-currency.In paypal we have to verify different things and still many feature not available in my country,where as bitcoin is same for every one makes things easy for us.
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October 24, 2016, 12:54:15 PM
 #1452

Of course yes, bitcoins is more better than paypal even if paypal is not better than skrill or neteller, paypal has bad support on their costumers services and it is uncomfortable for me using paypal.

Paypal or WU or neteller or any other services which is help to pay the money to worldwide will not give benefits. Best option is bitcoin only and you will have least fees among any kind of payment services.
I also have left these payment processors after adopting bitcoin for online payment as one reason is that which you mentioned that its fees of transaction is very lower and the other reason is that I can send bitcoin to any wallet and any country.
That is the advantage of bitcoin and i think the price is not stable and anytime the price can be increase more.
I tried paypal payment but they are depends in the distance to pay for a fee unlike in bitcoin anywhere in the the same fee its up to you if you want to increase the default fee to increase the speed of you transaction..
Definitely bitcoin has more the advantage as it is user friendly and you can transact anytime of the day, with bitcoin no one will care whatever you do with your bitcoins and that is why people are shifting since they can get complete freedom with bitcoin.
Yes anonymous feature of bitcoin makes it different from paypal and every other crypto-currency.In paypal we have to verify different things and still many feature not available in my country,where as bitcoin is same for every one makes things easy for us.

There are really things  that  isnt  available  on your country  when  we  are saying   about some   verification requirement  on which  paypal needs unlike to bitcoin   which is  very convenient   for us   users with it  . Thats why  bitcoin  is  much better   than paypal.

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October 24, 2016, 01:09:56 PM
 #1453

I think bitcoin is better.I don't use paypal.
i agree with you that bitcoin is much more better because bitcoin is available in everywhere in the world for shopping and a lot of people are using bitcoin because transaction is very faster and secure and bitcoin transaction fees is very much lower.
I also agree because I have dream to buy few things and this was not possible because paypal is not available here in our country now just because of this bitcoin its possible for me to buy many things and its reaching to me very quickly without any problem
Yeah you are right that paypal is not acceptable in everywhere in some countries and bitcoin is really acceptable in everywhere and i also do not paypal because fees is very much higher and bitcoin is very useful nowadays.
so you're actually having opinion that paypal which is now well known amongst online store and being primary payment method aren't available everywhere whilst online stores which accept this payment method are far much more than the online stores which accepting bitcoin

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October 24, 2016, 01:14:24 PM
 #1454

I think bitcoin is better.I don't use paypal.
i agree with you that bitcoin is much more better because bitcoin is available in everywhere in the world for shopping and a lot of people are using bitcoin because transaction is very faster and secure and bitcoin transaction fees is very much lower.
I also agree because I have dream to buy few things and this was not possible because paypal is not available here in our country now just because of this bitcoin its possible for me to buy many things and its reaching to me very quickly without any problem
Yeah you are right that paypal is not acceptable in everywhere in some countries and bitcoin is really acceptable in everywhere and i also do not paypal because fees is very much higher and bitcoin is very useful nowadays.
so you're actually having opinion that paypal which is now well known amongst online store and being primary payment method aren't available everywhere whilst online stores which accept this payment method are far much more than the online stores which accepting bitcoin
Maybe he does not have a real paypal account, I know paypal was one of the popular payment processor online because most of the freelancers online are required to use paypal, just now that when bitcoin is getting popular, some employer are shifting to bitcoin since they can save for the fees.

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October 24, 2016, 02:22:16 PM
 #1455

You can use them both you know lots of things can used by both you can pay online with the paypal and if you want to invest or something you can do it with the b itcoions off course that is a nice
thing to do deal with both of them,.
danherbias07
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October 24, 2016, 02:25:31 PM
 #1456

Paypal did a great job preserving the trust of their users so it is not a question anymore. But regarding to a newlt version of it which is faster and more affordable then I will go with bitcoin.

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bamboylee
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October 24, 2016, 04:03:01 PM
 #1457

I think bitcoin is better.I don't use paypal.
i agree with you that bitcoin is much more better because bitcoin is available in everywhere in the world for shopping and a lot of people are using bitcoin because transaction is very faster and secure and bitcoin transaction fees is very much lower.
I also agree because I have dream to buy few things and this was not possible because paypal is not available here in our country now just because of this bitcoin its possible for me to buy many things and its reaching to me very quickly without any problem
Yeah you are right that paypal is not acceptable in everywhere in some countries and bitcoin is really acceptable in everywhere and i also do not paypal because fees is very much higher and bitcoin is very useful nowadays.
so you're actually having opinion that paypal which is now well known amongst online store and being primary payment method aren't available everywhere whilst online stores which accept this payment method are far much more than the online stores which accepting bitcoin
Maybe he does not have a real paypal account, I know paypal was one of the popular payment processor online because most of the freelancers online are required to use paypal, just now that when bitcoin is getting popular, some employer are shifting to bitcoin since they can save for the fees.

That is what I thought too, he does not experienced using paypal at all. Paypal does not allow payment to some countries but it allows payment to almost every country in the world. The advantage of bitcoin over paypal is that it can process payment anywhere in tbe world, with very few fees. And the payment takes only a few minutes. Unlike in paypal, it takes a few days to withdraw your funds. In bitcoin, you get your bitcoin to fiat almost instantly.
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October 24, 2016, 05:39:02 PM
 #1458

Paypal did a great job preserving the trust of their users so it is not a question anymore. But regarding to a newlt version of it which is faster and more affordable then I will go with bitcoin.
I honestly find it quite worrying that people put trust in a payment service that is so rude and hostile towards it's customers.

Always when they put someone's funds on hold they hide themselves behind their policy that (they say) you have violated, which is mostly not the case.

I don't know whether it's because they are forced to do so by the government, or that they just want to research and look for the possible source of your money themselves.

Either way, I am glad I don't make use of their service anymore. Bitcoin is more than enough for me.


BSV is not the real Bcash. Bcash is the real Bcash.
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October 24, 2016, 05:56:32 PM
 #1459

PayPal is good only for buyers. If you sell anything, PayPal sucks. You lose your disputes even if you sell 100% quality. Many unfairness are there. So is you would like to sell anything use BTC.
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October 25, 2016, 02:53:00 AM
 #1460

With paypal you have buyers and seller protection, with bitcoin you dont,

Both have there pros and cons, imo both are great for accepting payments
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