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Author Topic: Is bitcoin better or paypal?  (Read 281175 times)
Mirardowyn
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August 29, 2016, 11:27:04 AM
 #841

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 dont think you can choose between these two and that is only because both can be used for other things off course can you also pay things  with paypal or bitcoins but in my opinion bitcoins are just for investing and not secured to pay with you know. There is paypal the secured way to pay something online!
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August 29, 2016, 12:06:08 PM
 #842

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 you want to be sure that waht you are buying online is going save i would say people for that kind of things you can better use the paypal paying method off course but if you want to do something with bitcoins or invest into something and if it is possible to use the bitcoin use it because that is the best thing to invest!
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August 29, 2016, 05:12:49 PM
 #843

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 dont think you can choose between these two and that is only because both can be used for other things off course can you also pay things  with paypal or bitcoins but in my opinion bitcoins are just for investing and not secured to pay with you know. There is paypal the secured way to pay something online!

There are many sites which only accepts paypal and not bitcoins. So we cant boycott Paypal even it has high fees. Where there is an option of bitcoin and Paypal, i will defiantly recommend to use Bitcoins over Paypal.
In short PayPal may be present but future is only of bitcoins.









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gkv9
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August 29, 2016, 06:23:27 PM
 #844

There are many sites which only accepts paypal and not bitcoins. So we cant boycott Paypal even it has high fees. Where there is an option of bitcoin and Paypal, i will defiantly recommend to use Bitcoins over Paypal.
In short PayPal may be present but future is only of bitcoins.

That's true, because I have heard somewhere that PayPal will itself start using Bitcoin as a mode of payments like they use credit cards for transfer of money... I hope this comes true as soon as possible, and that will make it easy for Bitcoins to take over everything from PayPal... Wink

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August 29, 2016, 06:36:19 PM
 #845

There are many sites which only accepts paypal and not bitcoins. So we cant boycott Paypal even it has high fees. Where there is an option of bitcoin and Paypal, i will defiantly recommend to use Bitcoins over Paypal.
In short PayPal may be present but future is only of bitcoins.

That's true, because I have heard somewhere that PayPal will itself start using Bitcoin as a mode of payments like they use credit cards for transfer of money... I hope this comes true as soon as possible, and that will make it easy for Bitcoins to take over everything from PayPal... Wink
I think paypal still not use bitcoin as mode of payment.. maybe in the  future but i still not heard it.. i heard coinbase want to be partner business with paypal but until now there is no good news.

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August 29, 2016, 07:27:39 PM
 #846

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 and bitcoin both are better for me, paypal for more save it means if we transaction with someone who want to trick you so we can use dispute methode is one of benefit using paypal bitcoin dont have it, but transaction with bitcoin is good too, and for me using bitcoin is one my favourite  Smiley

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traderbit
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August 29, 2016, 08:14:16 PM
 #847

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.

Some services require to pay the paypal fees which sometimes reaches <$100 depending on the amount to be paid.
I have been used both of them for a long time now, paypal was a bit earlier than bitcoin, the advantage of paypal is that it is instant and you get instant the product of what you purchase.
With bitcoin there are some confirmation that are needed, but depending where we spend our money both of them are great.

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August 29, 2016, 08:27:07 PM
 #848

As my observation and daily used i can say that bitcoin is far better than paypal its because i can see that there's so mamy oppurtunities where we can earn some money with it and also by bitcoin we can easily transact anywhere and any time. Thwe only thing i see the disadvantages for bitcoin is merchant adoptation, we cannot used it directly to buy on biggest merchant existing online while if we used paypal we can easily buy what we want.
i also think that bitcoin is better that paypal. although i have no account in paypal, becasue i never use it, but still i can realize that bitcoin far better that paypal. bitcoin is a univesla currency and is using in all over the world while paypal is not universal, most of the countries are not accepting paypal

You are right paypal is not accepting some countries and because of the on;ine companies/businesses often tried to adopt different payment processors for their business , but now as bitcoin is allowed for all of the world so a business only with bitcoin payment can get access to every person having internet.
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August 29, 2016, 09:40:22 PM
 #849

As my observation and daily used i can say that bitcoin is far better than paypal its because i can see that there's so mamy oppurtunities where we can earn some money with it and also by bitcoin we can easily transact anywhere and any time. Thwe only thing i see the disadvantages for bitcoin is merchant adoptation, we cannot used it directly to buy on biggest merchant existing online while if we used paypal we can easily buy what we want.
i also think that bitcoin is better that paypal. although i have no account in paypal, becasue i never use it, but still i can realize that bitcoin far better that paypal. bitcoin is a univesla currency and is using in all over the world while paypal is not universal, most of the countries are not accepting paypal

You are right paypal is not accepting some countries and because of the on;ine companies/businesses often tried to adopt different payment processors for their business , but now as bitcoin is allowed for all of the world so a business only with bitcoin payment can get access to every person having internet.

Yeah with paypal and other payment processors like that the businesses are restricted to only a limited number of countries, but Thankd God now with bitcoin the problem has been solved and now we do not need paypal any more.
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August 29, 2016, 11:01:44 PM
 #850

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 and bitcoin both are better for me, paypal for more save it means if we transaction with someone who want to trick you so we can use dispute methode is one of benefit using paypal bitcoin dont have it, but transaction with bitcoin is good too, and for me using bitcoin is one my favourite  Smiley
precisely these dispute , claim and chargebacks feature in paypal are the worst thing for me ,
the transaction seems like not natural ,
paypal are reversible , and it is not just to avoid someone who want to trick you ,
it can be used to scam and trick you back too , so basically bitcoin are far better.
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August 30, 2016, 02:28:16 AM
 #851

I like having payments in bitcoin, rather then paypal because with paypal there's a chance of chargebacks while they are impossible with bitcoin although Paypal does have faster transactions speed, they have a higher fee then bitcoin as well.
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August 30, 2016, 09:31:03 AM
 #852

As my observation and daily used i can say that bitcoin is far better than paypal its because i can see that there's so mamy oppurtunities where we can earn some money with it and also by bitcoin we can easily transact anywhere and any time. Thwe only thing i see the disadvantages for bitcoin is merchant adoptation, we cannot used it directly to buy on biggest merchant existing online while if we used paypal we can easily buy what we want.
i also think that bitcoin is better that paypal. although i have no account in paypal, becasue i never use it, but still i can realize that bitcoin far better that paypal. bitcoin is a univesla currency and is using in all over the world while paypal is not universal, most of the countries are not accepting paypal

You are right paypal is not accepting some countries and because of the on;ine companies/businesses often tried to adopt different payment processors for their business , but now as bitcoin is allowed for all of the world so a business only with bitcoin payment can get access to every person having internet.

Yeah with paypal and other payment processors like that the businesses are restricted to only a limited number of countries, but Thankd God now with bitcoin the problem has been solved and now we do not need paypal any more.
yes that is a fact that paypal is banned in my own country and not payment is accepting here from paypal therefore i have no experience of it, i only use bitcoin it really solve the transaction problems, it  also assist us financially.
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August 30, 2016, 09:55:15 AM
 #853

I like having payments in bitcoin, rather then paypal because with paypal there's a chance of chargebacks while they are impossible with bitcoin although Paypal does have faster transactions speed, they have a higher fee then bitcoin as well.
yes mate thats the advantage of paypal it is more faster than bitcoin but the problem is the chargeback policy i still wants to received btc much safer and easier and with the revolutionized happening right now with the web bitcoin is already popular.
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August 30, 2016, 09:58:24 AM
 #854

I like having payments in bitcoin, rather then paypal because with paypal there's a chance of chargebacks while they are impossible with bitcoin although Paypal does have faster transactions speed, they have a higher fee then bitcoin as well.

Transaction speed of PayPal is not faster than Bitcoin's transaction speed as Bitcoin's transaction speed is pratically instant. I assume you meant to say confirmation times right? That's completely different from transaction speed.
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August 30, 2016, 02:51:23 PM
 #855

You can better use paypal for other things than where you are using bitcoins for and that is because paypal is many times secured in online paying methods and when you want to use the bitcoin you should try to invest with it because the bitcoin is here in this world not for online payments but for investments for sure.
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August 30, 2016, 03:25:32 PM
 #856

If there is just one thing i can tell you is that when you want to be sure that you are getting rich without getting stolen you should use paypal for online payments becuase i trust that many times more than when i pay with the bitcoin trough online payments.
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August 30, 2016, 03:27:56 PM
 #857

I will prefer Bitcoin as it is faster in transaction and it is irreversible. And sending bitcoin without disclosing the identity. but for paypal the transaction charges are so high, and their are changes of charge back of the transaction fraud. and in paypal we have to give our identification documents to do high transactions.

So i will prefer bitcoin better then paypal to use.
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August 30, 2016, 03:58:55 PM
 #858

I think both is very good and i use both of them, paypal for fiat money and blockchain for bitcoin
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August 30, 2016, 08:36:49 PM
 #859

I would choose bitcoin over paypal anytime of the day, bitcoins is worldwide while paypal works only in selected countries. In addition, you do not get your account banned if you are using bitcoins.

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August 30, 2016, 11:43:12 PM
 #860

I think both is very good and i use both of them, paypal for fiat money and blockchain for bitcoin

both is working better but the problem with paypal is that it is limited to certain countries and its fees of transaction is also very high, in the past I was using it but with that I lost a high amount in paying their fees.
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