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Author Topic: Is bitcoin better or paypal?  (Read 281173 times)
Mauser
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June 28, 2016, 09:51:24 AM
 #641

Do not use PayPal. It is just no secure way to receive money as the buyer can always ask the admins to refund the money.

Use bitcoins directly to buy or sell, or use a standard bank transfer. In Europe a bank transfer takes only 1 day. There is really no need for paypal.
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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June 28, 2016, 12:21:43 PM
 #642

Paypal is in my eyes way better because it has a great worth and it has the dispute system that makes it so nice.
You can do payments easily with it and its also that you are protected against scammers..

yeah , in that case paypal is better, but the problem with paypal is that it is limited to only a limited number of countries so any market which will accept paypal will be limited to only those countries which are allowed by paypal.
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June 28, 2016, 12:24:12 PM
 #643

For me Paypal is way much better since it's most widely accepted.

But Im using bitcoin too although it's for holding purposes only since I don't want to spend it that's why all my transactions are done with dollar and that is the used of Paypal.

Lurking...
Cozynunu
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June 28, 2016, 02:41:48 PM
 #644

If i can tell you one thing it is better to invest into bitcoin and it is better to use paypal while paying online. You just need to know
what to do with that kind of method you know bitcoins is more for investments and paypal is only for paying trough online.
Newcoins2020
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June 28, 2016, 04:57:03 PM
 #645

For me Paypal is way much better since it's most widely accepted.

But Im using bitcoin too although it's for holding purposes only since I don't want to spend it that's why all my transactions are done with dollar and that is the used of Paypal.

For that reason I chose also Paypal. It's accepted is a lot of shops.
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June 28, 2016, 04:57:55 PM
 #646

Paypal is in my eyes way better because it has a great worth and it has the dispute system that makes it so nice.
You can do payments easily with it and its also that you are protected against scammers..

yeah , in that case paypal is better, but the problem with paypal is that it is limited to only a limited number of countries so any market which will accept paypal will be limited to only those countries which are allowed by paypal.

The same thing applied for bitcoin. It's also limited to other countries.

Bitcoin local exchanges too has a restriction in every county.

But no doubt Paypal is more popular than bitcoin.

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sobsitesearch
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June 28, 2016, 11:04:04 PM
 #647

For now paypal is much better than bitcoin but i like to earn bitcoin now than dollar because the value of bitcoin is too high for now and thats good for us this was our other source of income
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June 29, 2016, 04:42:15 AM
 #648

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.
Yup, this is correct, I had experience in this not only in Bitcoin, but In Bitgold also same problem. Once the order is finished the customer will say that I have not received product so their money will go back to the their account. For us, nothing our product also worked and money also was gone. So don't accept payment via PayPal OP is right.
bitcoinhopper
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June 29, 2016, 07:34:23 AM
 #649

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!
As you say bitcoin is the new paypal than you dont know where you talking about because online payments need to be safe and bitcoin is not safe at all. There are allot
of people who dont want to use bitcoins and money can be payed trough paypal bitcoins are investments material and paypal is just payment method.

Piltover
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June 29, 2016, 08:11:25 AM
 #650

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.

But you have more protection using Paypal. You can reverse a payment if you are scammed by somebody else.
If you dont want to use a coin for online payments you need to use the paypal method also becasue it is many times safer to use online than bitcoins are.
There are differents because paypal is just for payments and bitcoin can be used almost for everything as you know allready.
LarryHocks
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June 29, 2016, 10:03:55 AM
 #651

Yes Paypal is crappy , Paypal will sooner or later ask you to provide information's to confirm your identity if you receive big amounts of cash or from suspicious accounts , and they can limit your account and you lose your money even if you did nothing .
Bitcoin don't need ID,Passport , don't need a specific age , can't get limited and you can receive how much you want and also you won't get your balance chargebacked by the sender , fees are much lower and much more ...  Bottom line ? Bitcoin > Paypal .

Now if you are selling your BTC for Paypal , you may want to be caution because you can get scammed so make sure to trade with someone trusted and note that using a Middleman won't really change anything because the other party can still chargeback so it's not really recommended to accept payments on Paypal .
If i can tell you something about the bitcoin bitcoins are made for investments so you should all use your bitcoins for investments because it is
only profitable for bitcoin users to invest than paying trough online you can better use paypal for that.
Dwelach
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June 29, 2016, 10:11:12 AM
 #652

It is not that one of the two things is better but you need to make the difference between these two the one ie better to pay trough things on the internet and the other one
the bitcoin can better be used for online investments you know because of the unstable price of the bitcoin is it interesting to invest with it.
HilbillyFred
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June 29, 2016, 02:07:09 PM
 #653

If you want to use a online payment you need to use the paypal method becaus that is many times safer than when you are using the bitcoin
paying method bitcoins needs only be used for investments because that is the main reason why people are using it.
bitcoinhopper
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June 29, 2016, 02:44:16 PM
 #654

Paypal can better be used as a paying method online than bitcoins if you believe me you will do it because online payments with bitcoins
are not even secured so i dont think you want to lose your coins for nothing right?

Altcoinmoney
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June 29, 2016, 06:32:37 PM
 #655

I love bitcoin more but its also depending on what you are use to use, I use them both but love the bitcoin more.
The fact that you can make also profit with is for me the advantage...
Bitcoinbro
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June 29, 2016, 07:32:53 PM
 #656

They are both good but paypal is not self controllable so that is why I use it only for certain payments.
I think the bitcoin is better and this is because you can control it yourself and also do what you want.
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June 30, 2016, 05:59:07 AM
 #657

paypal is just like all other merchants like skrill and perfectmoney, bitcoin is on its own so that is why everybody uses paypal because it has been said that you can pay securely and safely, they offer 21 day holds so buyers don't get scammed maybe this is the reason why ebay has a lot of paypal accepted sellers.

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July 01, 2016, 04:49:11 AM
 #658

Paypal can better be used as a paying method online than bitcoins if you believe me you will do it because online payments with bitcoins
are not even secured so i dont think you want to lose your coins for nothing right?


I think that bitcoin is much much better, because you almost don't have fees when you send to friends, while with paypal usually you have to  pay pretty huge fees so i would always use bitcoin if i could, sadly not everyone accepts them in offline stores.
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July 01, 2016, 05:57:52 AM
 #659

each payment has its advantages and drawbacks of each. I guess for financial transactions easier and will be used in the future, I think bitcoin better than paypal. bitcoin have great power.
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July 01, 2016, 06:27:56 AM
 #660

each payment has its advantages and drawbacks of each. I guess for financial transactions easier and will be used in the future, I think bitcoin better than paypal. bitcoin have great power.
I agree with you sir. it is easy to send money to your relatives and its easy to earn in bitcoin than dollars.
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