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Author Topic: Is bitcoin better or paypal?  (Read 281173 times)
marky89
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July 21, 2016, 08:52:24 PM
 #741

i do like bitcoin and honestly i have never used PayPal ever but some days ago when i visited tor network sites i see many sites selling hacked PayPal accounts so i will not consider it as a safe option

Sure, your Paypal account could get hacked if you don't protect it with a strong password and good security practices. Encryption does the rest. One could also fairly easily have his bitcoin private keys stolen if he left them unencrypted.

Well, I think the use of a paypal account is very troublesome. I also never used it, and it really makes me confused. the account is locked, and a lot of things you must do. for I know bitcoin, I guess there is no obstacle from using it, only a few times I was deceived, but all was fine, so I think bitcoin is still better than paypal

Frankly, I just think they are both useful for different reasons. Reversible transactions do have a purpose. So do irreversible transactions. Dealing with reputable banking institutions and using identity verification have purposes. So does a pseudonymous peer-to-peer network. I don't think bitcoin is merely a payment channel, either, so I don't think comparing to Paypal is very useful.

I see bitcoin as a more portable, divisible digital gold -- highly secure, immutable, censorship-resistant. Most uses of Paypal do not require that.

 
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July 21, 2016, 11:36:54 PM
 #742

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.
Bitcoin and paypal has a different features
Bitcoin has a better security than paypal. Paypal has reversible payment function which make it bad.
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July 21, 2016, 11:45:37 PM
 #743

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.
Bitcoin and paypal has a different features
Bitcoin has a better security than paypal. Paypal has reversible payment function which make it bad.

yeah because of this feature there is no any trader who accept paypal for bitcoin, and I think it is illegal at here, because on one person profile trust I saw a negative trust from a bctalk member and the description was "want trade with paypal"
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July 22, 2016, 12:01:00 AM
 #744

Bitcoin is much better than to paypal because paypal has big interest if you want to cash it out the trasaction fee is more than to bitcoin. But in bitcoin is small fee trasaction so bitcoin is very affordable to use than to paypal. If you want a small fee trasaction you must choose bitcoin to save money.

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July 22, 2016, 02:16:22 AM
 #745

bitcoin is much better but i still need to use paypal from time to time because not everyone and every company uses bitcoin specially when im dealing with foreigners
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July 22, 2016, 06:15:47 AM
 #746

bitcoin is much better but i still need to use paypal from time to time because not everyone and every company uses bitcoin specially when im dealing with foreigners


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.
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July 22, 2016, 09:23:11 AM
 #747

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.

Both are good for me, and i use both,  therr are no big difference between them, only small thing like fees, laypal so.etimes have huge fees while bitcoin fees are pretty tiny, but still both are good

And bitcoin is not accepted in most of stores yet so that's a small problem, as you can pay pretty much everywhere with paypal, while you can't with bitcoins, but soon this will change

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July 22, 2016, 09:05:33 PM
 #748

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.

Both are good for me, and i use both,  therr are no big difference between them, only small thing like fees, laypal so.etimes have huge fees while bitcoin fees are pretty tiny, but still both are good

And bitcoin is not accepted in most of stores yet so that's a small problem, as you can pay pretty much everywhere with paypal, while you can't with bitcoins, but soon this will change

The problem is not only the fees but the issues with it also, there is no any issue with bitcoin we have full control on our bitcoins and in paypal yo give your money to a third party and whenever they want they freeze your account and you lose your money.

and about shopping with that, I think you can buy almost all of the things online available with bitcoin just search here and on google.
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July 22, 2016, 09:33:43 PM
 #749

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.

Both are good for me, and i use both,  therr are no big difference between them, only small thing like fees, laypal so.etimes have huge fees while bitcoin fees are pretty tiny, but still both are good

And bitcoin is not accepted in most of stores yet so that's a small problem, as you can pay pretty much everywhere with paypal, while you can't with bitcoins, but soon this will change

The problem is not only the fees but the issues with it also, there is no any issue with bitcoin we have full control on our bitcoins and in paypal yo give your money to a third party and whenever they want they freeze your account and you lose your money.

and about shopping with that, I think you can buy almost all of the things online available with bitcoin just search here and on google.

paypal is really sucking , as I also lost some of my dollars in paypal and the reason was that in the time of sign up I typed a wrong spelling of my name and so I decided to correct my name and when I tried it did not changed and my account marked as limited
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July 23, 2016, 01:46:01 AM
 #750

I prefer to bitcoin bitcoin because I could make a fortune out of trading profits
with bitcoin can also earn money from the campaign signature
bitcoin is anonymous no dispute that feature quite comfortable and less hassle
well, indeed very many advantages of bitcoin on paypal. I think in terms of business too, bitcoin is still far better than paypal. think about it, if you keep money in a long time in a paypal account, it will never grow, it will make it even less. but if you put it in the form of bitcoin, I think the longer you save, the more money can you earn

Yes, everything have both pros and the cons. "There is always two sides of the coin." Now, between the bitcoin and paypal. I'd choose bitcoin when it comes to convenience, why? Because it doesn't require any age to start to create an account and earn money unlike in paypal. It requires you to have legal age first to have an account. In addition, bitcoin also don't need bank account to start, user friendly isn't it?

Now, when it comes to businesses and security, I'd prefer PayPal because usually, all of the transactions of the company and other services, PayPal is their mode of payment. Though it requires some requirements that not anyone can afford. The security is there and it is widely used by the Large companies.
Paypal is better if you need to buy something, but now, there are bitcoin credit cards such as advcahs and spectrocoin.
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July 23, 2016, 05:01:34 AM
 #751

bitcoin much better than paypal. but I still use paypal, because the use of bitcoin payments are still limited and rare.
while paypal is already very well known and accepted everywhere. so I still use PayPal for a payment transaction

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July 23, 2016, 05:12:09 AM
 #752

bitcoin is much better but i still need to use paypal from time to time because not everyone and every company uses bitcoin specially when im dealing with foreigners

I do agree on that bitcoins are safer but in some cases where if you're buying from an unknown person online then I prefer to use Paypal because if I don't receive my item still, I can get it back my money. But in the case of bitcoins, I can only deal with trusted merchants or people. As of now I'm using both bitcoins and paypal.
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July 23, 2016, 06:26:30 AM
 #753

bitcoin is much better but i still need to use paypal from time to time because not everyone and every company uses bitcoin specially when im dealing with foreigners

I do agree on that bitcoins are safer but in some cases where if you're buying from an unknown person online then I prefer to use Paypal because if I don't receive my item still, I can get it back my money. But in the case of bitcoins, I can only deal with trusted merchants or people. As of now I'm using both bitcoins and paypal.

You could of course always use an escrow when doing bitcoin transaction. Similar to the paypal fees.

In my opinion the possibility to get your money is what is ruining paypal. It attracts too many scammers and as a seller you are just not secure. Buyers can get their money back even without a justified claim.
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July 25, 2016, 01:21:59 AM
 #754

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.

Both have their advantage and disadvantage,whoever advice you not to use paypal for selling is a dumb and do not know anything about paypal,paypal is a merchant friendly payment processor both seller and buyer are protected because they have experienced staffs to handle any case..

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July 25, 2016, 01:46:56 AM
 #755

paypal is definitely good for buyers. they are well protected against scams and such. that's why a lot scammers love to use paypal. they buy stuff and get the product, and they also charge back on the sellers. that's why paypal is horrible. with bitcoin there are no charge backs
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July 25, 2016, 07:46:26 AM
 #756

bitcoin surely is a lot better than PayPal because of the way it works but the problem with using bitcoin is that we can not find merchants that accept bitcoin in many cases but the number of merchants that accept paypal even with all the scams that people can do with paypal is a lot more.
so in case of being better or worse, bitcoin is so much better but paypal is more used. and I hope this can change in the future and we see paypal be replaced by bitcoin.

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July 25, 2016, 08:41:58 AM
 #757

Both are good but they have different disadvantages.

Bitcoin is anonymous which is good we can transfer it anywhere and it gaves us low fee's on every transaction we made but the disadvantages for it is if we are get scammed by fraud is we cannot get back our money. And in paypal also we can use it anywhere we can shop by using this in any shops we want to buy and disadvantages for it is high transaction fee and the revisable transaction or dispute can be good or bad on its ecosystem.

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July 25, 2016, 08:50:17 AM
 #758

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.

PayPal is full of surprises. Negative ones. Bitcoin is awesome and will remain like that.

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July 25, 2016, 09:28:17 AM
 #759

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.

well because you can't use bitcoin everywhere yet, i think that paypal is better for now but in future they will be pretty same i think
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July 26, 2016, 02:41:31 AM
 #760

Bitcoin is much better than paypal. Its easy to use than paypal and give cheap payment and have no interest. Paypal have big interest and you need to atm card to prevent cash out but in bitcoin just only identification verified to cash out. So i choose bitcoin than to paypal.
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