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Author Topic: Is bitcoin better or paypal?  (Read 281178 times)
mrkevio
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October 26, 2016, 09:34:09 AM
 #1481

Bitcoin. You can easily scam someone with PayPal because of the refundable transactions. Bitcoin is also anonymous so nobody has to know who was behind the screen when the transaction has been completed. The bad thing is that you're anonymous but if you're scammed or hacked on Bitcoin you never know where to look and what to do about it.

BitHodler
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October 26, 2016, 09:34:57 AM
 #1482

bitcoin still the best
you hold balance bitcoin you can potential grow your money
you hold balance paypal is nothing grow


No argument about this, bitcoin is really the best and upon using paypal I had experience a very lot of problems with them.

And don't forget the transaction fees thing if we are going to compare them both, and bitcoin is going to be the winner on it for it has very cheap fees.

Unlike paypal, their transaction fees are just like gold.
If you look at how the fees of Bitcoin are prioritized right now, then the average fee value will come very close to $0.20 per transaction.

If this is going to continue, then we can't bring up the low fees of Bitcoin as a significant advantage over any other payment service anymore.

BSV is not the real Bcash. Bcash is the real Bcash.
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October 26, 2016, 10:32:17 AM
 #1483

bitcoin still the best
you hold balance bitcoin you can potential grow your money
you hold balance paypal is nothing grow


No argument about this, bitcoin is really the best and upon using paypal I had experience a very lot of problems with them.

And don't forget the transaction fees thing if we are going to compare them both, and bitcoin is going to be the winner on it for it has very cheap fees.

Unlike paypal, their transaction fees are just like gold.
If you look at how the fees of Bitcoin are prioritized right now, then the average fee value will come very close to $0.20 per transaction.

If this is going to continue, then we can't bring up the low fees of Bitcoin as a significant advantage over any other payment service anymore.
it's still far cheaper than the most used service such as paypal that having fees about " 2.9% plus $0.30 USD of the amount you receive" just imagine if you sent $1000 then you will end up paying so much money to paypal for only sending money,while with bitcoin it's just matter how big your transaction size and just multiply with the current fees/bytes

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Vikingr
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October 26, 2016, 10:35:46 AM
 #1484

Bitcoin. You can easily scam someone with PayPal because of the refundable transactions. Bitcoin is also anonymous so nobody has to know who was behind the screen when the transaction has been completed. The bad thing is that you're anonymous but if you're scammed or hacked on Bitcoin you never know where to look and what to do about it.
I also like bitcoin but the feature that paypal money is refundable it is considered as good by some people who are scammed by goods and no one try to restrict anyone goods after getting paid in paypal but some people do not like that feature as they are in worry that they will be scammed and even on this forum people do not like to exchange paypal money to bitcoin.
jerowacik
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October 26, 2016, 10:43:14 AM
 #1485

Bitcoin. You can easily scam someone with PayPal because of the refundable transactions. Bitcoin is also anonymous so nobody has to know who was behind the screen when the transaction has been completed. The bad thing is that you're anonymous but if you're scammed or hacked on Bitcoin you never know where to look and what to do about it.
so true . it is one of the weaknesses bitcoin. because there is currently no legal institution that regulate bitcoin. if it had been there then bitcoin could be a very strong financial system and also reliable. we wait for the time it happened.
freedomgo
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October 26, 2016, 11:33:34 AM
 #1486

Bitcoin. You can easily scam someone with PayPal because of the refundable transactions. Bitcoin is also anonymous so nobody has to know who was behind the screen when the transaction has been completed. The bad thing is that you're anonymous but if you're scammed or hacked on Bitcoin you never know where to look and what to do about it.
so true . it is one of the weaknesses bitcoin. because there is currently no legal institution that regulate bitcoin. if it had been there then bitcoin could be a very strong financial system and also reliable. we wait for the time it happened.
That's one weakness is really huge as everything in this world is controlled by the government. If we fail to see this coin being regulated and will become more popular, this will make it very risky investment yet a profitable one.

Only those risk takers will play the game and that includes me.

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HoshiPost
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October 26, 2016, 02:15:49 PM
 #1487

I want to use both of them because i know that every things has his profits and his bad things off course but i dont think that the bitcoin has bad things only that he cant be traced but is that a kind of bad i dont think you can call that bad.
Hilat
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October 26, 2016, 02:15:54 PM
 #1488

You can better use paypal by online payments you know because the bitcoin is not very trustable when you try to do something on the internet you know and paypal is
many times secured than the paypal ever will be
michkima
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October 26, 2016, 02:18:15 PM
 #1489

I like them both but I must say that bitcoin is for me good, I'm also a seller of all kind of services(mostly freelance stuff) and if people want to pay with paypal they sometimes can do it to my account or I get limited because they do not trust it.
With the bitcoin I do not have this anymore so for my its much better.
densuj
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October 26, 2016, 02:36:05 PM
 #1490

You can better use paypal by online payments you know because the bitcoin is not very trustable when you try to do something on the internet you know and paypal is
many times secured than the paypal ever will be
If bitcoin be used for online payment, we must looking for trustable sellers because bitcoins is irreversible payment, it is mean we can not take back the bitcoins if there is problem with goods that be bought. So doesn't mean bitcoins is not very trustable but the sellers who are not trustable.
rizkyhiw
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October 27, 2016, 12:51:24 AM
 #1491

I like them both but I must say that bitcoin is for me good, I'm also a seller of all kind of services(mostly freelance stuff) and if people want to pay with paypal they sometimes can do it to my account or I get limited because they do not trust it.
With the bitcoin I do not have this anymore so for my its much better.
yeah recently that chargeback on paypal make people switch to using bitcoin
but the problem is when people have no idea when to spend their bitcoin
this is always be the biggest problem on bitcoin
also nowadays there is a lot of unconfirmed transaction pile up , another problem.
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October 27, 2016, 01:28:23 AM
 #1492

I like them both but I must say that bitcoin is for me good, I'm also a seller of all kind of services(mostly freelance stuff) and if people want to pay with paypal they sometimes can do it to my account or I get limited because they do not trust it.
With the bitcoin I do not have this anymore so for my its much better.
yeah recently that chargeback on paypal make people switch to using bitcoin
but the problem is when people have no idea when to spend their bitcoin
this is always be the biggest problem on bitcoin
also nowadays there is a lot of unconfirmed transaction pile up , another problem.
That's the downhill of using bitcoin as when the system is loaded there are a lot of unconfirmed transactions and it is not good for business that sell like products and services as you need to ensure at least one confirmation will effect. I hope this problem will be sort out soon as it will affect our future success even with this simple problem.

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rizkyhiw
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October 27, 2016, 02:06:38 AM
 #1493

I like them both but I must say that bitcoin is for me good, I'm also a seller of all kind of services(mostly freelance stuff) and if people want to pay with paypal they sometimes can do it to my account or I get limited because they do not trust it.
With the bitcoin I do not have this anymore so for my its much better.
yeah recently that chargeback on paypal make people switch to using bitcoin
but the problem is when people have no idea when to spend their bitcoin
this is always be the biggest problem on bitcoin
also nowadays there is a lot of unconfirmed transaction pile up , another problem.
That's the downhill of using bitcoin as when the system is loaded there are a lot of unconfirmed transactions and it is not good for business that sell like products and services as you need to ensure at least one confirmation will effect. I hope this problem will be sort out soon as it will affect our future success even with this simple problem.
yeah i experienced the problem caused by this unconfirmed transaction
it's affected to a business like big company steam
yesterday i fill in steam wallet balance using bitcoin and it's take longer time than usual
i am affraid if then steam pulled out bitcoin from their payment processor , it can bitcoin looks bad and paypal users laugh loud at us.
klf
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October 27, 2016, 03:14:59 AM
 #1494

You can better use paypal by online payments you know because the bitcoin is not very trustable when you try to do something on the internet you know and paypal is
many times secured than the paypal ever will be
If bitcoin be used for online payment, we must looking for trustable sellers because bitcoins is irreversible payment, it is mean we can not take back the bitcoins if there is problem with goods that be bought. So doesn't mean bitcoins is not very trustable but the sellers who are not trustable.

That's why we need a system to take of those things because it is tough to guess who is trusted and who is not. Also, there is not guaranty that now trusted guys will not cheat later on so the system should take care of those things. As of now, PayPal is a good option to buy from unknown persons online and use bitcoins to deal with only know people.
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October 27, 2016, 03:39:23 AM
 #1495

You can better use paypal by online payments you know because the bitcoin is not very trustable when you try to do something on the internet you know and paypal is
many times secured than the paypal ever will be
If bitcoin be used for online payment, we must looking for trustable sellers because bitcoins is irreversible payment, it is mean we can not take back the bitcoins if there is problem with goods that be bought. So doesn't mean bitcoins is not very trustable but the sellers who are not trustable.

That's why we need a system to take of those things because it is tough to guess who is trusted and who is not. Also, there is not guaranty that now trusted guys will not cheat later on so the system should take care of those things. As of now, PayPal is a good option to buy from unknown persons online and use bitcoins to deal with only know people.
Yes you are right we need system to take of those thing, but doesn't mean bitcoins is not trustable, personality i more like skrill and neteller than paypal. They have fast respond on costumers services although skrill and neteller are not too popular on my area.
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October 27, 2016, 04:04:53 AM
 #1496

Bitcoin. You can easily scam someone with PayPal because of the refundable transactions. Bitcoin is also anonymous so nobody has to know who was behind the screen when the transaction has been completed. The bad thing is that you're anonymous but if you're scammed or hacked on Bitcoin you never know where to look and what to do about it.

There are really lots of   instances  or  issues  regarding  with   paypal cashbacks scams that's why  people   do really  hesitate   on making transaction  into paypal  in the terms  of trading   amounts. If you do  know about  bitcoin you should really know its   advantages and  disadvantages but still  its  a lot   far away better   than paypal  regarding  on fees  , transaction times and    if you  like    anonymous  transaction  then  bitcoin would really suit  you.

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October 27, 2016, 04:23:03 AM
 #1497

For now, i think that paypal and others fiat web based services are more used but i hope to someday see bitcoin popularity increasing and maybe manage to replace those expensive and arrogant servies.
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October 27, 2016, 04:28:48 AM
 #1498

For now, i think that paypal and others fiat web based services are more used but i hope to someday see bitcoin popularity increasing and maybe manage to replace those expensive and arrogant servies.
If there are many users who use bitcoins on their real life, i think it is just about the time, some time bitcoins will be replace paypal and other arrogant services and i think it will be happening soon.
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October 27, 2016, 04:39:52 AM
 #1499

You can better use paypal by online payments you know because the bitcoin is not very trustable when you try to do something on the internet you know and paypal is
many times secured than the paypal ever will be
If bitcoin be used for online payment, we must looking for trustable sellers because bitcoins is irreversible payment, it is mean we can not take back the bitcoins if there is problem with goods that be bought. So doesn't mean bitcoins is not very trustable but the sellers who are not trustable.

That's why we need a system to take of those things because it is tough to guess who is trusted and who is not. Also, there is not guaranty that now trusted guys will not cheat later on so the system should take care of those things. As of now, PayPal is a good option to buy from unknown persons online and use bitcoins to deal with only know people.
Yes you are right we need system to take of those thing, but doesn't mean bitcoins is not trustable, personality i more like skrill and neteller than paypal. They have fast respond on costumers services although skrill and neteller are not too popular on my area.
Bitcoin has no customer support because we are decentralized, I like how the way the system is build so we will just be transacting directly and no limitation or intervention like paypay is doing for suspected anomalous transaction.
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October 27, 2016, 05:17:27 AM
 #1500

For now, i think that paypal and others fiat web based services are more used but i hope to someday see bitcoin popularity increasing and maybe manage to replace those expensive and arrogant servies.
If there are many users who use bitcoins on their real life, i think it is just about the time, some time bitcoins will be replace paypal and other arrogant services and i think it will be happening soon.

I want to stand and believe that bitcoin will replace paypal soon. But I know that paypal won't let this happen as they are already in the industry for so many years.

That is why there is speculation that paypal will adopt the usage of bitcoin and offer some services for it. I think this is a very good move for paypal's.

Because instead of competing from a decentralized crypto currency they will just adopt it cos' it might kill their business.

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