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Author Topic: Is bitcoin better or paypal?  (Read 281183 times)
HarHarHar9965
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January 07, 2016, 07:46:24 AM
 #81

Both are good, both are for online transaction, paypal has chargeback and bitcoin doesnt.
For some reason paypal is better (for buyer) and sometimes bitcoin is great i use both of them

But bitcoin and paypal are not same. Bitcoin is far better than paypal. If we use paypal it has huge amount transaction fees than bitcoin. If wanna compare paypal means We can compare with Western union. Transactions are open and transparent in bitcoin Not like transaction medium.
sadasa
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January 07, 2016, 09:57:28 AM
 #82

Both are good, both are for online transaction, paypal has chargeback and bitcoin doesnt.
For some reason paypal is better (for buyer) and sometimes bitcoin is great i use both of them

But bitcoin and paypal are not same. Bitcoin is far better than paypal. If we use paypal it has huge amount transaction fees than bitcoin. If wanna compare paypal means We can compare with Western union. Transactions are open and transparent in bitcoin Not like transaction medium.

If Paypal integrates the bitcoin, will the transaction fee reduce a lot. I think the paypal transaction fee is mainly the credit card fee.

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lahm-44
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January 07, 2016, 02:54:12 PM
 #83

yes paypal have revers transaction fecilty and thats why i will also advise everyone not to deal when their is paypal option by the way bitcoin has all the features provided by paypal and in  additional we get some more advantages like anonymus feature and the rappid buy and sell i mean its population.i think more peoples are using bitcoins in compare with paypal sorry for my bad english here
SmartIphone
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January 07, 2016, 06:42:38 PM
 #84

Both are good, both are for online transaction, paypal has chargeback and bitcoin doesnt.
For some reason paypal is better (for buyer) and sometimes bitcoin is great i use both of them

But bitcoin and paypal are not same. Bitcoin is far better than paypal. If we use paypal it has huge amount transaction fees than bitcoin. If wanna compare paypal means We can compare with Western union. Transactions are open and transparent in bitcoin Not like transaction medium.

It depends because using sometimes the paypal it does not charge fees.
Sometimes it charge to the merchant side sometimes on both ways, but is good in this case because of small fees.
sadasa
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January 08, 2016, 08:27:22 PM
 #85

Both are good, both are for online transaction, paypal has chargeback and bitcoin doesnt.
For some reason paypal is better (for buyer) and sometimes bitcoin is great i use both of them

But bitcoin and paypal are not same. Bitcoin is far better than paypal. If we use paypal it has huge amount transaction fees than bitcoin. If wanna compare paypal means We can compare with Western union. Transactions are open and transparent in bitcoin Not like transaction medium.

It depends because using sometimes the paypal it does not charge fees.
Sometimes it charge to the merchant side sometimes on both ways, but is good in this case because of small fees.

When I sell on Ebay, Paypal charges me a lot. When I send to friends, there is no charge at all.

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greBit
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January 09, 2016, 10:32:03 AM
 #86

Both are good, both are for online transaction, paypal has chargeback and bitcoin doesnt.
For some reason paypal is better (for buyer) and sometimes bitcoin is great i use both of them

I was the user of paypal before but nowadays I am not at all using paypal. Because their transaction charges are heavy then bitcoin. But bitcoin If we wanna send 1 BTC. It will just consume .1 percent only as a transaction fee. If we wanna compare paypal better can compare with western union.
dk8218
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January 09, 2016, 03:20:04 PM
 #87

Yes... you are right..
In some cases... buyer will pull back his payment by saying that..
But nowadays o don't think this is happening..
But also you should take care while dealing with PayPal..
If possible then use other payment methods..
Jackling
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January 11, 2016, 04:45:34 PM
 #88

Both are good, both are for online transaction, paypal has chargeback and bitcoin doesnt.
For some reason paypal is better (for buyer) and sometimes bitcoin is great i use both of them

I was the user of paypal before but nowadays I am not at all using paypal. Because their transaction charges are heavy then bitcoin. But bitcoin If we wanna send 1 BTC. It will just consume .1 percent only as a transaction fee. If we wanna compare paypal better can compare with western union.

What is your usual usage of paypal? Do you use it to accept payments when you sell goods? If so, the charge is quite high.
wikenpp
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January 11, 2016, 09:25:37 PM
 #89

Both are good, both are for online transaction, paypal has chargeback and bitcoin doesnt.
For some reason paypal is better (for buyer) and sometimes bitcoin is great i use both of them

But bitcoin and paypal are not same. Bitcoin is far better than paypal. If we use paypal it has huge amount transaction fees than bitcoin. If wanna compare paypal means We can compare with Western union. Transactions are open and transparent in bitcoin Not like transaction medium.

It depends because using sometimes the paypal it does not charge fees.
Sometimes it charge to the merchant side sometimes on both ways, but is good in this case because of small fees.

When I sell on Ebay, Paypal charges me a lot. When I send to friends, there is no charge at all.

Sending to friends is cost-free when using your paypal account, but suppose they charge a fee, why is it this huge.
4% is too much. It should be less then  1%.

I am sure this is the reason people are leaving paypal now.
Zaun
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January 11, 2016, 10:08:22 PM
 #90

If not 10, then bitcoin is 100 times better then paypal.
Fees, but also the anonymous part of bitcoin is better. Why should we trust paypal with our identification documents?
fuathan
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January 12, 2016, 12:43:11 AM
 #91

Bitcoin is far far far better than paypal because of paypals nonsense fees.
sadasa
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January 12, 2016, 08:08:23 PM
 #92

Bitcoin is far far far better than paypal because of paypals nonsense fees.

If you want charge back and other kinds of protection, you need to pay the fees.

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avw1982
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January 13, 2016, 05:02:44 AM
 #93

Bitcoin is far far far better than paypal because of paypals nonsense fees.

You exactly right dude. PayPal's transaction fees are high than bitcoin. Just like a western union transfers.
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January 13, 2016, 07:40:37 AM
 #94

Bitcoin is far far far better than paypal because of paypals nonsense fees.

If you want charge back and other kinds of protection, you need to pay the fees.

those protect the buyers not the seller, so it's pointless to pay for something not complete, you can protect both with bitcoin also, with a trusted escrow

paypal is just a trusted escrow, nothing else
koshgel
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January 13, 2016, 09:14:31 AM
 #95

Don't think any centralized source can really compete with BTC especially not PayPal. They love to lock and steal user account's and funds. The fees are of course higher with PayPal as well especially with international transfers.
wikenpp
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January 13, 2016, 09:50:13 AM
 #96

Don't think any centralized source can really compete with BTC especially not PayPal. They love to lock and steal user account's and funds. The fees are of course higher with PayPal as well especially with international transfers.

Yeah, you've not any control with them. Not over your own money f.e.
They can hold it and say you did something wrong and that's it for you.
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January 13, 2016, 09:58:59 AM
 #97

Bitcoin is far far far better than paypal because of paypals nonsense fees.

If you want charge back and other kinds of protection, you need to pay the fees.

those protect the buyers not the seller, so it's pointless to pay for something not complete, you can protect both with bitcoin also, with a trusted escrow

paypal is just a trusted escrow, nothing else

Paypal protects the seller.

https://www.paypal.com/us/webapps/mpp/ua/useragreement-full#11

When I sold my headphone amp, to enable this protection, I had to enter the USPS tracking info.

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Amph
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January 14, 2016, 07:21:41 AM
 #98

Bitcoin is far far far better than paypal because of paypals nonsense fees.

If you want charge back and other kinds of protection, you need to pay the fees.

those protect the buyers not the seller, so it's pointless to pay for something not complete, you can protect both with bitcoin also, with a trusted escrow

paypal is just a trusted escrow, nothing else

Paypal protects the seller.

https://www.paypal.com/us/webapps/mpp/ua/useragreement-full#11

When I sold my headphone amp, to enable this protection, I had to enter the USPS tracking info.

yeah but chargeback is requested buy the buyers, it is still not clear who would win in a dispute between a seller and a buyer

i guess it depend on the case examined
sadasa
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January 15, 2016, 08:41:28 PM
 #99

Bitcoin is far far far better than paypal because of paypals nonsense fees.

If you want charge back and other kinds of protection, you need to pay the fees.

those protect the buyers not the seller, so it's pointless to pay for something not complete, you can protect both with bitcoin also, with a trusted escrow

paypal is just a trusted escrow, nothing else

Paypal protects the seller.

https://www.paypal.com/us/webapps/mpp/ua/useragreement-full#11

When I sold my headphone amp, to enable this protection, I had to enter the USPS tracking info.

How can the paypal know that you send the right stuff to the buyer? The UPS tracking info just proves you send something.

B2















BitDouble.io
















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Amph
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January 16, 2016, 07:12:10 AM
 #100

Bitcoin is far far far better than paypal because of paypals nonsense fees.

If you want charge back and other kinds of protection, you need to pay the fees.

those protect the buyers not the seller, so it's pointless to pay for something not complete, you can protect both with bitcoin also, with a trusted escrow

paypal is just a trusted escrow, nothing else

Paypal protects the seller.

https://www.paypal.com/us/webapps/mpp/ua/useragreement-full#11

When I sold my headphone amp, to enable this protection, I had to enter the USPS tracking info.

How can the paypal know that you send the right stuff to the buyer? The UPS tracking info just proves you send something.

i guess you need to provide, valid info like photo or video in the worst case, in the case of a dispute
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