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Author Topic: Is bitcoin better or paypal?  (Read 281168 times)
Ybalevia
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October 25, 2016, 07:44:33 AM
 #1461

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.
I ddont think that the bitcoin is better than the paypal instead i think that the paypal is many times secured thatn the bitcoin becuase i like to pay online with
the paypal and not witbh the bitcoion.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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October 25, 2016, 07:48:25 AM
 #1462

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.
I ddont think that the bitcoin is better than the paypal instead i think that the paypal is many times secured thatn the bitcoin becuase i like to pay online with
the paypal and not witbh the bitcoion.
In your own experience you will say that paypal is better than bitcoin but we are in the crypto world here so definitely most of us here if not all are bitcoins users and all I can say they are both good but bitcoin is way better than paypal, it is good to be anonymous online so we can protect our real identity.

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StarofBTC
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October 25, 2016, 07:52:33 AM
 #1463

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.
Bitcoin should always be the best because the way paypal handles customers is very pathetic, you will have your money in the account but wake the next and find out that paypa has freezed your account which means yor money is gone forevwer or it might take you very ong time to recover it. Thats why I do not like paypal.
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October 25, 2016, 08:08:20 AM
 #1464

I dont think that you can say the one is better than the other because i know for srue that no one is better than the other one becuase lots of peopel are not gettign what they want to the bitcoin and also not with the paypal.
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October 25, 2016, 09:14:05 AM
 #1465

I prefer bitcoin above all currency's because I think its much safer, not a lot phishing websites and also the fact that you cannot get robbed.
Plus its also that the bitcoin is a real currency, paypal is not a real currency its more a pay method that you can use.
bamboylee
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October 25, 2016, 10:24:51 AM
 #1466

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.
Bitcoin should always be the best because the way paypal handles customers is very pathetic, you will have your money in the account but wake the next and find out that paypa has freezed your account which means yor money is gone forevwer or it might take you very ong time to recover it. Thats why I do not like paypal.

Right, paypal also holds your money  in your account if you are a new user or have not received a certain amount of dollars before. That is just not fair for new users. I know paypal just want to protect buyers but I think it is just not fair. So, it is better to  use bitcoin because funds are not being withheld from the user.
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October 25, 2016, 10:35:10 AM
 #1467

bitcoin still the best
you hold balance bitcoin you can potential grow your money
you hold balance paypal is nothing grow
BitHodler
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October 25, 2016, 11:35:42 AM
 #1468

bitcoin still the best
you hold balance bitcoin you can potential grow your money
you hold balance paypal is nothing grow
It's indeed correct that with Bitcoin you can see your wealth grow, but comparing PayPal with Bitcoin in that regard isn't the right thing to do since PayPal is only a payment service.

People are using PayPal to complete purchases in online web shops, regular stores, peer to peer transactions, receiving money from certain jobs, and the list goes on.

Its main purpose is only to function as a platform to make it easy for people to transact with each other with security in form of buyer protection and such.

BSV is not the real Bcash. Bcash is the real Bcash.
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October 25, 2016, 11:42:15 AM
 #1469

I don't think that bitcoin is better than paypal as you can see paypal are more appropriate with more online payment shop store and it can use world wide buy selling and buying items from online store , Maybe soon if bitcoin are going to be accepted on online stores maybe bitcoin will be the best payment option.
Bitcoin is already the far better payment solution compared to PayPal.

The fact that PayPal enjoys more acceptance throughout the world doesn't change anything in that regard.

If you ask people what the main reason is they use PayPal for, then they will answer you with that PayPal supports charge backs, and that's it.
What seriously ? How cam that bitcoin already far better payment is there any site now or are there any big site's not that accepting bitcoin as payment? I don't think so for me paypal is no.1 Payment method that use people but if bitcoin will be accepted in those bignames in online shop then Yes maybe bitcoin will be too far better than any payment in internet.

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October 25, 2016, 11:49:15 AM
 #1470

bitcoin still the best
you hold balance bitcoin you can potential grow your money
you hold balance paypal is nothing grow
that's actually right but don't get wrong with people who using paypal service,paypal is offering an easy way to purchase goods while bitcoin is a currency,actually can't compare both if it is about investing because paypal and bitcoin are definitely different thing

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goldcoinminer
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October 25, 2016, 12:19:57 PM
 #1471

bitcoin still the best
you hold balance bitcoin you can potential grow your money
you hold balance paypal is nothing grow
that's actually right but don't get wrong with people who using paypal service,paypal is offering an easy way to purchase goods while bitcoin is a currency,actually can't compare both if it is about investing because paypal and bitcoin are definitely different thing
They have their own advantage but do you think most of the people here are interested in purchasing goods only, I think that is only beneficial to you if you have an online business but if not bitcoin is still the best for us.
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October 25, 2016, 12:55:28 PM
 #1472

I dont think that you can say the one is better than the other because i know for srue that no one is better than the other one becuase lots of peopel are not gettign what they want to the bitcoin and also not with the paypal.
of course you can , each bitcoin and paypal have plus and minus ,
all you need are to campare both and pick which one better based on most people opinions ,
as for now people still prefer to use paypal ,
because several factors like less place to spend bitcoin while paypal have more places.
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October 25, 2016, 02:19:29 PM
 #1473

bitcoin still the best
you hold balance bitcoin you can potential grow your money
you hold balance paypal is nothing grow
that's actually right but don't get wrong with people who using paypal service,paypal is offering an easy way to purchase goods while bitcoin is a currency,actually can't compare both if it is about investing because paypal and bitcoin are definitely different thing
paypal and bitcoin for me is the same. both can be used as a means of payment. bitcoin has a digital system, and also to have paypal digital system anyway. different, paypal has been formally recognized by various institutions in the world. while bitcoin is heading to these developments.
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October 25, 2016, 04:11:09 PM
 #1474

I don't think that bitcoin is better than paypal as you can see paypal are more appropriate with more online payment shop store and it can use world wide buy selling and buying items from online store , Maybe soon if bitcoin are going to be accepted on online stores maybe bitcoin will be the best payment option.
Bitcoin is already the far better payment solution compared to PayPal.

The fact that PayPal enjoys more acceptance throughout the world doesn't change anything in that regard.

If you ask people what the main reason is they use PayPal for, then they will answer you with that PayPal supports charge backs, and that's it.
What seriously ? How cam that bitcoin already far better payment is there any site now or are there any big site's not that accepting bitcoin as payment? I don't think so for me paypal is no.1 Payment method that use people but if bitcoin will be accepted in those bignames in online shop then Yes maybe bitcoin will be too far better than any payment in internet.
Bitcoin as currency can deliver people a far better payment solution compared to PayPal.

That the acceptance of Bitcoin is lacking is either the fact that the far majority of the merchants don't know what Bitcoin is as they haven't heard of it before, or they have a wrong understanding of what Bitcoin is.

It's a matter of time before merchants realize that offering Bitcoin as a payment option is a must.

They are dumb for not accepting it right now as it would allow them to potentially generate extra revenue.

BSV is not the real Bcash. Bcash is the real Bcash.
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October 25, 2016, 06:27:47 PM
 #1475

Paypal is bit old payment system and more popular than bitcoin i think across the world,but in my opinion bitcoin is much better than paypal because of its various features.Very less transaction fees,transaction in minutes and anonymous,thats why i prefer bitcoins.
What I like the most of bitcoin compared to PayPal is that you will always have access to your funds; PayPal will try to freeze your account for even the smallest details.
That is right paypal also freezed some of my dollars when I change some info on my profile at my account that was really headache for me. But those people who keep their bitcoin in online wallets can also face the problem of freeze funds by the online wallets.
And this is why a bitcoin bank or something similar is completely undesirable in bitcoin since you lose almost every single advantage granted by bitcoin.
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October 25, 2016, 07:59:38 PM
 #1476

I don't think that bitcoin is better than paypal as you can see paypal are more appropriate with more online payment shop store and it can use world wide buy selling and buying items from online store , Maybe soon if bitcoin are going to be accepted on online stores maybe bitcoin will be the best payment option.
Bitcoin is already the far better payment solution compared to PayPal.

The fact that PayPal enjoys more acceptance throughout the world doesn't change anything in that regard.

If you ask people what the main reason is they use PayPal for, then they will answer you with that PayPal supports charge backs, and that's it.
What seriously ? How cam that bitcoin already far better payment is there any site now or are there any big site's not that accepting bitcoin as payment? I don't think so for me paypal is no.1 Payment method that use people but if bitcoin will be accepted in those bignames in online shop then Yes maybe bitcoin will be too far better than any payment in internet.
Bitcoin as currency can deliver people a far better payment solution compared to PayPal.

That the acceptance of Bitcoin is lacking is either the fact that the far majority of the merchants don't know what Bitcoin is as they haven't heard of it before, or they have a wrong understanding of what Bitcoin is.

It's a matter of time before merchants realize that offering Bitcoin as a payment option is a must.

They are dumb for not accepting it right now as it would allow them to potentially generate extra revenue.

It's very difficult to convince stores to incorporate Bitcoin into their system. That's mainly due to the fact that the media has been very negative about everything concerning Bitcoin. In the media Bitcoin is being named to be the currency of the underworld. Stores don't want to get associated with that as in their mind they think it will cause them damage.
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October 26, 2016, 04:10:41 AM
 #1477

bitcoin still the best
you hold balance bitcoin you can potential grow your money
you hold balance paypal is nothing grow
that's actually right but don't get wrong with people who using paypal service,paypal is offering an easy way to purchase goods while bitcoin is a currency,actually can't compare both if it is about investing because paypal and bitcoin are definitely different thing
paypal and bitcoin for me is the same. both can be used as a means of payment. bitcoin has a digital system, and also to have paypal digital system anyway. different, paypal has been formally recognized by various institutions in the world. while bitcoin is heading to these developments.
LOL it's definitely different thing,comparing both characteristic which is the same without thinking about its difference and considering it as the same thing is wrong,paypal a service that offering you simple way to pay thing online and bitcoin is a currency,so if paypal adopt bitcoin as one of their legal currencies then you still assume both as the same thing?

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saiha
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October 26, 2016, 04:44:44 AM
 #1478

bitcoin still the best
you hold balance bitcoin you can potential grow your money
you hold balance paypal is nothing grow


No argument about this, bitcoin is really the best and upon using paypal I had experience a very lot of problems with them.

And don't forget the transaction fees thing if we are going to compare them both, and bitcoin is going to be the winner on it for it has very cheap fees.

Unlike paypal, their transaction fees are just like gold.

Vires in Numeris
mirakal
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October 26, 2016, 07:06:40 AM
 #1479

bitcoin still the best
you hold balance bitcoin you can potential grow your money
you hold balance paypal is nothing grow


No argument about this, bitcoin is really the best and upon using paypal I had experience a very lot of problems with them.

And don't forget the transaction fees thing if we are going to compare them both, and bitcoin is going to be the winner on it for it has very cheap fees.

Unlike paypal, their transaction fees are just like gold.
I am only using bitcoin now because there's no problem with transacting online.. No restriction at all unlike paypal that we need to comply with their rules in order to use it successfully, and i do not like that, I want to remain anonymous online to enjoy more on my journey in the crypto world.

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bitcoinmasterlord
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October 26, 2016, 09:22:07 AM
 #1480

bitcoin still the best
you hold balance bitcoin you can potential grow your money
you hold balance paypal is nothing grow


No argument about this, bitcoin is really the best and upon using paypal I had experience a very lot of problems with them.

And don't forget the transaction fees thing if we are going to compare them both, and bitcoin is going to be the winner on it for it has very cheap fees.

Unlike paypal, their transaction fees are just like gold.

I have a question for you. Suppose if you want to buy something from an unknown person online whether you prefer to send payment through Bitcoin or PayPal?

If you want to buy from those unknown persons using bitcoins, then you need to have an escrow and need to pay escrow fee. Also after escrow verified and sent to you and you find some other issues than how you will get it corrected those problems?

With Paypal, these things can be managed easily, but I do agree that they got higher fees but good option for buyers. Both got their won advantages and limitations.
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