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Author Topic: Is bitcoin better or paypal?  (Read 281168 times)
ingiltere
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February 04, 2016, 12:54:55 AM
 #121

Paypal is definitely used by more merchants than Bitcoin is, though Bitcoin has the advantage of not having as large fees as Paypal has.
I don't think Bitcoin will be replacing Paypal soon, they both have their own strengths, but Paypal is still immensely more popular at the moment.

It's not about which is used more, it's about which is more trusted. Paypal is reversible and not trusted at all.
In another note this is Bitcoin formu and this question is pretty stupid. Of course Bitcoin is better alternative to all other payment systems.

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February 06, 2016, 05:52:13 PM
 #122

yes paypal is kinda anoying in some reasons if i have to choose i would choose bitcoin becouse you can just create web wallet and give your wallet address where ever you want to receive no need detailed information .
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February 06, 2016, 05:52:22 PM
 #123

Better for what? It really come down to who the parties are, their relationship,  the size of the transaction, whats being sold and a few other variables.
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February 06, 2016, 11:19:06 PM
 #124

Better for what? It really come down to who the parties are, their relationship,  the size of the transaction, whats being sold and a few other variables.

If you are a buy to pay with paypal, then it is good. If you are a merchant to sell goods, then paypal is not ideal.
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February 07, 2016, 01:13:21 AM
 #125

The concept of cryptocoin is far better than all money transfer system like Paypal, Moneygram, etc.
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February 07, 2016, 09:44:56 AM
 #126

The concept of cryptocoin is far better than all money transfer system like Paypal, Moneygram, etc.

Yes it is, money transfers nowadays charge more so its better to use bitcoin if you are knowledgeable in using bitcoin, and paypal sometimes sucks.. Smiley

The money transfers nowadays charge more because these systems have to comply regulatory rules. When bitcoin is regulated, it will have costs.

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February 07, 2016, 01:31:39 PM
 #127

Bitcoin is much better then Paypal.

But you have to be careful with accepting Paypal to change with Bitcoins.

Prefer the User to Verify for you. ID / Phone call kind of this.

Greetings
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February 07, 2016, 01:39:27 PM
 #128

Why not use the best of both worlds?

From experience as an online seller I only handle about 2-3% of transactions in BTC, the rest is in Paypal. Yeah, that's about 2-3 in a hundred transactions.

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BruceLee007
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February 07, 2016, 02:52:16 PM
 #129

Paypal is better than Bitcoin, I will stay with my opinion.Paypal legal everywhere, like Bitcoin is not legal in my country Sad
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February 07, 2016, 07:02:37 PM
 #130

Paypal is better than Bitcoin, I will stay with my opinion.Paypal legal everywhere, like Bitcoin is not legal in my country Sad

Yes, but right now paypal got a head start.
Give it a few more years and you will see more shops will accept bitcoin, then paypal.

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February 08, 2016, 10:08:54 AM
 #131

yes indeed shortage of bitcoin is not recognized (legal) by many countries, compared with paypal already guaranteed its existence. but I'm sure someday bitcoin will occupy the same position as bitcoin. I am very optimistic about it.

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February 08, 2016, 02:45:36 PM
 #132

Hi all,

Apologies that this is slightly off topic but I am currently carrying out a dissertation study for my Honours year at university and was wondering if you could possibly answer my survey?

The study concerns Bitcoin and involves gathering evidence on the benefits of using Bitcoin within business. With this I hope to conclude on whether there is a future for the currency in UK businesses. I am looking for participants who have a business which are currently transacting in Bitcoin in the UK (although outwith the U.K. will work with this survey too as the benefits of Bitcoin will most likely be considered the same no matter what country ).

 If you are interested, please be directed to click on the link below which will take you to Survey Monkey in order to answer a questionnaire. This should take no longer than 15 minutes to undertake.

https://www.surveymonkey.co.uk/r/HTTRL5N


You are under no obligation to take part. Your responses will remain anonymous and all data collected will be stored securely. A consent form is included in the first page of the survey.

Kind regards,
CrimsonCheeks
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February 08, 2016, 05:31:06 PM
 #133

Still most of the people are much aware and also using paypal for there transaction compared to bitcoin transaction. The major reason behind this is paypal has been using various commercial ads to promote them as well it has got a guaranteed return back policy which is yet to be implemented in bitcoin.
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February 09, 2016, 08:43:46 AM
 #134

Everybody has a choice.
One thinks more pleasant and the other find work again something else more comfortable.
There is a choice of difference.
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February 09, 2016, 06:54:10 PM
 #135

Paypal is definitely used by more merchants than Bitcoin is, though Bitcoin has the advantage of not having as large fees as Paypal has.
I don't think Bitcoin will be replacing Paypal soon, they both have their own strengths, but Paypal is still immensely more popular at the moment.

I think you may know about Spoofing the name of the company that handles online payment transactions, or abusing the way it operates, underlies a huge amount of Internet fraud. In many ways in PayPal. Its not happening in bitcoin.
Instead of getting into high fee and big scammy PayPal. bitcoin is 100 times better than that.
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February 10, 2016, 09:52:39 AM
 #136

Everyone has a different opinion, and everyone will find a more pleasant work than the other.
It depends how you look at it I think.
People find them both enjoyable I think.
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February 10, 2016, 03:36:54 PM
 #137

I prefer bitcoin, its alot easier for me and you can trade them just like that when you need to and get good rates.
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February 11, 2016, 04:26:45 AM
 #138

In my opinion, i like bitcoin for payment. Because as i known PayPal need an difficult verification. And usually i send my balance to third person who was truted and then he send it to me . But he took some profit for this service.

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February 11, 2016, 09:21:01 AM
 #139

i think bitcoin because of following reasons....

1)its dont take time to arrive money to one wallet to another.

2)its universal currency

3)its dont required to change currency for transfer

4)it take few taxes almost 0.0002btc for each transaction.

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February 11, 2016, 09:35:44 AM
 #140

Bitcoin for me as it is easier to use, paypal is more of like an online wallet in regards to accessibility but bitcoin beats paypal when it comes to withdrawing your funds to FIAT.

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