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Author Topic: Is bitcoin better or paypal?  (Read 281173 times)
20kevin20
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September 18, 2016, 05:05:12 PM
 #1001

Better because of the privacy, but at the same time Bitcoin's popularity is way smaller than PayPal's. PayPal also has the refund option which makes it a little bit less safe, but.. at the same time, we've got the BTC confirmation time.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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September 19, 2016, 12:15:18 PM
 #1002

paypal still better good is compare paypal
because bitcoin can use trading, can growth very fast your capital money
and can get digital curency, and paypal only can digital curency
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September 19, 2016, 12:24:01 PM
 #1003

Better because of the privacy, but at the same time Bitcoin's popularity is way smaller than PayPal's. PayPal also has the refund option which makes it a little bit less safe, but.. at the same time, we've got the BTC confirmation time.
actually the refund option will give plus point on security for buyers but it's such a big disadvantage of paypal if you're seller,paypal really need to think about their refund option twice,while bitcoin doesn't have problem by having irreversible characteristic of transaction

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September 19, 2016, 01:05:40 PM
 #1004

Better because of the privacy, but at the same time Bitcoin's popularity is way smaller than PayPal's. PayPal also has the refund option which makes it a little bit less safe, but.. at the same time, we've got the BTC confirmation time.

Paypal refund policy is good and very handy if your buying any items from unknown person over the internet otherwise after payment people may cheat you and bitcoins are very easy to transfer with less fee and transactions are anonymous but only drawback is, if we want to buy from unknown person we must use middle man (escrow) so it will delay the transaction and will add some additional fee to pay escrow.
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September 19, 2016, 02:31:38 PM
 #1005

If You want to make sure that you are using the right things for the right moment you need to make sure that paypal is only used for online payments and btcoins only used for investments.
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September 19, 2016, 02:42:59 PM
 #1006

If You want to make sure that you are using the right things for the right moment you need to make sure that paypal is only used for online payments and btcoins only used for investments.
Paypal has the disadvantages if paypal found shady or illegal activities in your account , your account would be limited temporarily or permanent . But , it has an advantages while the bitcoin not have . You can refund your money with paypal while bitcoin can't do this.
For me , either paypal and bitcoin has their unique features . So it depends by user itself for spending their money and preferred platform to use.
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September 19, 2016, 02:48:31 PM
 #1007

I will choose bitcoin because it allow me to use freely.Not like paypal which have limitation etc. But, I also use paypal where I can't use bitcoin.But, I like to use bitcoin rather than paypal.

And I know that there are some places where paypal is accepted only and bitcoin is not accepted but still after adopting bitcoin I try to go on alternatives where I will have to use bitcoin not paypal because I do not like paypal

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September 19, 2016, 02:49:48 PM
 #1008

I really depise paypal so I am biased cause paypal just takes your money and starts to ask for every verification possible. They don't care about your money they freeze it and hope you registered with anonymous details so its impossible to verify yourself and then they steal your funds.
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September 19, 2016, 03:24:24 PM
 #1009

Loving them both but I think the bitcoin is better because you can control the bitcoin by yourself and you never will have any issues with the bitcoin anytime, with paypal there are all kind of problems sometimes your account will get limited.
Paypal is sometimes very annoying the good thin about it is that you can simply charge back money.
The ability of PayPal to chargeback is both a blessing and a curse, it can be a blessing if you get scammed or something like that, but it can be a curse since a portion of PayPal users like to abuse the system and do chargebacks despite the fact that they received a quality product, personally I prefer bitcoin and the impossibility to roll back transfers
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September 19, 2016, 03:44:44 PM
 #1010

i think bitcoin because bitcoin transaction is very faster and its transaction fees is very much lower than Paypal and bitcoin is available and acceptable in all world and paypal is not available in some countries , so bitcoin is much more better than paypal.

bitcoin transactions aren't faster than paypal's transaction speed. both are instant where paypal doesn't require you to wait for confirmations. that's the only advantage paypal has over bitcoin.
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September 19, 2016, 10:34:35 PM
 #1011

Better because of the privacy, but at the same time Bitcoin's popularity is way smaller than PayPal's. PayPal also has the refund option which makes it a little bit less safe, but.. at the same time, we've got the BTC confirmation time.

Paypal refund policy is good and very handy if your buying any items from unknown person over the internet otherwise after payment people may cheat you and bitcoins are very easy to transfer with less fee and transactions are anonymous but only drawback is, if we want to buy from unknown person we must use middle man (escrow) so it will delay the transaction and will add some additional fee to pay escrow.
yes bitcoin and paypal may have their own features but i thin bitcoin is more better than paypal, because i have heard that paypal is banned in some countries and it is some how legal and its service is not present every where, where bitcoin is a universal currency and yet not banned any where.
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September 20, 2016, 01:41:53 AM
 #1012

bitcoin is the best digital curency
because very easy use newbie is easy use bitcoin
not verified anonymous no dispute
is find bitcoin still easy too
godin
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September 20, 2016, 03:02:47 AM
 #1013

bitcoin is irreversible , that is what make it is better than paypal if what OP's talk about , if paypal they can dispute , sometime bad guys make some advantage with that service
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September 20, 2016, 05:03:59 AM
 #1014

bitcoin is the best digital curency
because very easy use newbie is easy use bitcoin
not verified anonymous no dispute
is find bitcoin still easy too
It's not easy like your site because you're need giving some of your effort for gaining bitcoin and the better or not about using bitcoin or PayPal is back into the people's intention because both of them is having different purpose.

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September 20, 2016, 05:36:54 AM
 #1015

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 is more better than paypal .
i had found many disadvantage in paypal which are as follows .
1) reversible of money
2) it deduced money from bank without permission .
3) it uses high transaction charge to bank money .

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September 20, 2016, 05:52:05 AM
 #1016

i think bitcoin because bitcoin transaction is very faster and its transaction fees is very much lower than Paypal and bitcoin is available and acceptable in all world and paypal is not available in some countries , so bitcoin is much more better than paypal.

bitcoin transactions aren't faster than paypal's transaction speed. both are instant where paypal doesn't require you to wait for confirmations. that's the only advantage paypal has over bitcoin.
You can say that paypal's transaction are faster but the process of confirming your account to them is long rather than the verification process of the bitcoin wallets I use. Where paypal needs to have a confirmation of a VISA credit card and other supporting documents while my Bitcoin wallet only needed my student ID and a selfie of myself. Althought the real advantage of paypal is that many online merchants accept paypal transaction maybe because BTC is something new in the process.
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September 20, 2016, 06:13:15 AM
 #1017

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 is more better than paypal .
i had found many disadvantage in paypal which are as follows .
1) reversible of money
2) it deduced money from bank without permission .
3) it uses high transaction charge to bank money .
yeah a lot of factors make bitcoin are far better than paypal as online payment service
but people outthere still not realizing this wonderful thing
they don't want to lose the value of money by buying bitcoin
as a result they just back to use paypal even know bitcoin are better
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September 20, 2016, 07:02:51 AM
 #1018

both have positive and negative and i think it could not be compare because bitcoin and paypal is different although bitcoin and paypal is for transfer and sending fund from one place into another place.

but for the data confidentiality i think bitcoin is better than paypal and for having bitcoin and paypal is more easy for bitcoin and we don't have to make verification for having an account besid on market exchanger. and i still using both for my online business. paypal for accepting payment from buyer which using paypal, and bitcoin for accepting payment from buyer using bitcoin.
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September 20, 2016, 07:51:12 AM
 #1019

Bitcoins can be used for everything and i dont think that paypal is used for everything what i do know about the bitcoin is that he is many times better to trust than the bitcoin aver will be!
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September 20, 2016, 08:10:26 AM
 #1020

For almost everything I do I prefer bitcoin over paypal simply because paypal has such a bad customer experience.
Randomly freezing funds asking for verifications chargeback money cases etc etc. But sometimes your forced to use paypal to buy somethign you want.
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