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Author Topic: Is bitcoin better or paypal?  (Read 281257 times)
Harlot
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October 19, 2016, 10:58:02 AM
 #1381

Bitcoin is the new Paypal.

And with new innovations come more & better features:
- Tracing your coins in the blockchain
- Pay less fee (up to 99% on large transactions)
- Be anonymous, stay anonymous
- Own your money like a boss, no more paypal withdrawal limits
- More to come, stay tuned!
If you want to use them both that is not a problem because when you use them both you will be the smartest because paypal is for paying things
and bitcoins are for investments!!
Who said Bitcoin is only for Investment? I can't even consider Bitcoin as a mode or any kind of investment. The only thing for Bitcoin to be investment is buying and holding it. If people only think that Bitcoin is for investment it won't even reach its price today. For now it is visible that Bitcoin is not accepted by businesses but the global awareness of it is increasing.
Cozynunu
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October 19, 2016, 02:42:53 PM
 #1382

100% bitcoin is much better than paypal,

In paypal you have to disclose all you identitys and you have to give your identity proofs , in paypal transaction reverse is very famous to scam. and i personally saw paypal and the procedure of it is very bad. and their charges also heavy.

In bitcoin you dont have to disclose your identitys , you can just create a hardware or online web wallet and give your wallet address where ever you want to receive or pay the bitcoins. the transaction charges are also less. and more it is irreversible, and about converting to fiat currency their are so many exchanges where you can convert it one is like localbitcoins.com which is having so many user who are ready to buy or sell and do transaction through bank transfer.

But you have more protection using Paypal. You can reverse a payment if you are scammed by somebody else.
I don tthink taht the bitcoin is really better than paypal you can use them both you know and maybe after that you will be happy about it by trying to use them both off course.
bamboylee
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October 19, 2016, 03:38:14 PM
 #1383

I think that they are both good but that bitcoin is better because you can control it by yourself and no one is watching you, with PayPal your account can be limited after a while and that really sucks without any doubts!!

Actually for new.users of paypal,if they receive money their accounts are frozen for a certain length of time. I think it is 100 days. But bitcoin will.never freeze your money. It is way easier to spend and send money in bitcoin and the fees are way smaller
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October 19, 2016, 05:55:19 PM
 #1384

Everyone has their own choice to use their payment method they like, and some people like to use Bitcoin and others want to use Paypal.memang that for now maybe people will prefer paypal than using bitcoin because more and more countries recognize paypal. ..but suata when bitcoin will be equivalent to paypal even more above paypal.
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October 19, 2016, 06:07:09 PM
 #1385

Everyone has their own choice to use their payment method they like, and some people like to use Bitcoin and others want to use Paypal.memang that for now maybe people will prefer paypal than using bitcoin because more and more countries recognize paypal. ..but suata when bitcoin will be equivalent to paypal even more above paypal.
Honestly paypal is not easy to use thats why i convert in bitcoin we can instantly withdraw bitcoins than paypal and you need to verify your paypal wallet before you can use it properly. i think not properly you can still halving some issue like few days a go when i want to send funds in my friends but halving problem.
Unlike bitcoin that you dont need to verify and its more easy to use than paypal..

Decided to end it with zer0 profit.
mark coins
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October 19, 2016, 08:58:33 PM
 #1386

Everyone has their own choice to use their payment method they like, and some people like to use Bitcoin and others want to use Paypal.memang that for now maybe people will prefer paypal than using bitcoin because more and more countries recognize paypal. ..but suata when bitcoin will be equivalent to paypal even more above paypal.
Honestly paypal is not easy to use thats why i convert in bitcoin we can instantly withdraw bitcoins than paypal and you need to verify your paypal wallet before you can use it properly. i think not properly you can still halving some issue like few days a go when i want to send funds in my friends but halving problem.
Unlike bitcoin that you dont need to verify and its more easy to use than paypal..

Paypal is a time consuming process as you need to follow many rules and regulations but using bitcoin is very easy and the transactions are too fast and with least fees.
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October 20, 2016, 04:26:58 AM
 #1387



Paypal is a time consuming process as you need to follow many rules and regulations but using bitcoin is very easy and the transactions are too fast and with least fees.

Well Paypal is a company so we have nothing do with it.

 If people have some problem about that then compare Paypal to others companies like Payza, Skrill, Moneybookers, Western Union and not on the bitcoin itself since it's different in many things.

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October 20, 2016, 04:59:24 AM
 #1388

In my eyes Paypal is good but bitcoin is way better because of the fact that you can do way more things with the bitcoin and its also useable globally.
The bitcoin is a lot better than PayPal.
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October 20, 2016, 06:27:56 AM
Last edit: October 20, 2016, 06:40:18 AM by StarofBTC
 #1389

paypal is ok if your using it for ebay cause i suppose it gives you protection from both sides (or is supposed to) bitcoin being non
reversable can also be a bad thing if your getting scammed.

I don’t worry about scamming. I know to protect myself from scam. I would wish to go with bitcoin only. First bitcoin price and paypal’s fiat price is have large difference. Bitcoin doesn’t have big transaction fee like paypal.So I ll go with bitcoin only.
Dont think that the bitcoin is better than the paypal becuase both are very good you know and that is not the problem yu can use them both you know and that makes bitcoin and paypal both better.
Both Bitcoin and paypal have their respective advantages of usage but to my own experience bitcoin is the best because doing any business or making transaction with it has lots of advantages over paypal such as speed, anonymity, freedom and very minimal transaction fee that is negligible compared to the amount involved in the transaction. But, paypal is known for killing many businesses.
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October 20, 2016, 06:28:20 AM
 #1390

In my eyes Paypal is good but bitcoin is way better because of the fact that you can do way more things with the bitcoin and its also useable globally.
The bitcoin is a lot better than PayPal.
They are both good if you need them both but if you can do it using bitcoin only then it is better to use one currency like bitcoin, bitcoin is way better as it was many purpose, it could be a payment processor online, a currency, and most of all as investment.

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October 20, 2016, 08:07:38 AM
 #1391

In my eyes Paypal is good but bitcoin is way better because of the fact that you can do way more things with the bitcoin and its also useable globally.
The bitcoin is a lot better than PayPal.
bitcoin is far better than paypal on almost ever aspects except one!
the stores availability for bitcoin so far is very limited not like paypal that almost every single store accept them.
this one aspect is really crucial , we must start figure out how to make 100% bitcoin better than paypal. so i can say for now paypal is leading.
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October 20, 2016, 09:15:59 AM
 #1392

In my eyes Paypal is good but bitcoin is way better because of the fact that you can do way more things with the bitcoin and its also useable globally.
The bitcoin is a lot better than PayPal.
to be fair here,i wanna ask you what makes paypal is less useable globally than bitcoin while it's actually widely accepted among almost all of international online shop,do you even know what it is?

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October 20, 2016, 09:49:00 AM
 #1393

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.

I think yes! bitcoin is better than Paypal, though paypal is the first one being established in the online business. While bitcoin was being created 6yrs. ago almost but it build a volume community worldwide in just a couple of years. Aside from that they have big differences like in transaction charges fee, in paypal it has a big charges while in bitcoin was low fees of charge only, then paypal has so many requirements to be needed while in bitcoin none. So that's the reason why BTC is better than paypal.
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October 20, 2016, 10:26:01 AM
 #1394

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.
that shit is actually right,paypal do NOT encourage any kind of transaction with cryptocurrencies whatever the reason,they will always approve any chargeback request even the buyer had received the bitcoins which is promised and that is why people in the exchange section never or rarely accepting bitcoin buyers whose paypal are not verified or even declining any bitcoin buying with paypal requests

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October 20, 2016, 01:02:44 PM
 #1395



Paypal is a time consuming process as you need to follow many rules and regulations but using bitcoin is very easy and the transactions are too fast and with least fees.

Well Paypal is a company so we have nothing do with it.

 If people have some problem about that then compare Paypal to others companies like Payza, Skrill, Moneybookers, Western Union and not on the bitcoin itself since it's different in many things.
Nevertheless, they are both digital currencies and if bitcoin and Paypal were to have come into existence the same time, I have no doubt Paypal won't have been half as popular, even with the fact that it was tied around ebay. Bitcoin is a true global payment system, anyone anywhere can freely put to use, unlike Paypal that segregates among countries and there are no annoying fees imposed on users.
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October 20, 2016, 01:08:41 PM
 #1396

In my eyes Paypal is good but bitcoin is way better because of the fact that you can do way more things with the bitcoin and its also useable globally.
The bitcoin is a lot better than PayPal.
paypal and bitcoin has the advantages of each. we can take the advantages of both. paypal accepted as valid payment media by various financial institutions. while bitcoin has easy access to money transfer.
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October 20, 2016, 01:44:53 PM
 #1397

In my eyes Paypal is good but bitcoin is way better because of the fact that you can do way more things with the bitcoin and its also useable globally.
The bitcoin is a lot better than PayPal.
bitcoin is far better than paypal on almost ever aspects except one!
the stores availability for bitcoin so far is very limited not like paypal that almost every single store accept them.
this one aspect is really crucial , we must start figure out how to make 100% bitcoin better than paypal. so i can say for now paypal is leading.

even if bitcoin was accepted nearly everywhere in the world, then still i can't see people massively using bitcoin as currency tool. we have to change they way how people think and act, as their mentality is purely focused on bitcoin being an investment tool. this has to change. if this doesn't change, then everything will stay the same as things are right now.
greBit
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October 20, 2016, 06:05:33 PM
 #1398

In my eyes Paypal is good but bitcoin is way better because of the fact that you can do way more things with the bitcoin and its also useable globally.
The bitcoin is a lot better than PayPal.
paypal and bitcoin has the advantages of each. we can take the advantages of both. paypal accepted as valid payment media by various financial institutions. while bitcoin has easy access to money transfer.
Yeah Paypal is good for online shopping as most of the sites accepts Paypal and that is the reason its more popular among the people as the usage and acceptance of bitcoin is limited at a moment.
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October 20, 2016, 07:40:55 PM
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to me bitcoin is too much better than paypal as bitcoin is a universal currency and is acceptable every where, where as paypal is not acceptable every where.
Right now there is no doubt that PayPal has bitcoin beat in terms of adoption, while bitcoin is money not issued by any government and as such it has the possibility of being accepted everywhere, adoption for bitcoin has not reached that point.
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October 20, 2016, 07:48:01 PM
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Paypal sounds more trusted than bitcoin in some cases but not always and until you see that your funds on your paypal account got stucked and they start asking you for different verification.

With bitcoin you have the freedom to make any payment and without limit on volume and in most cases nobody asks you for these payments(unless you use exchange wallets or thirdparty wallets).

Another reason that I prefer to use bitcoin before paypal is because of the fees that are much lower than paypal especially on high amounts.
This is one of the things that really bothers me of PayPal, you verify your account and then you make a transaction and suddenly they ask for verification again it can become extremely frustrating to go to that process again and again.

I use time to time paypal and I have verified it twice but again they are asking me for verification things like id and some bills.

And this is disturbing me because I'm not able to receive payments and use these funds or withdraw them on my debit card.

Bitcoin in this and many other cases is much better than paypal, and makes people more satisfied making transactions.
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