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Author Topic: Is bitcoin better or paypal?  (Read 281173 times)
Natalim
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December 31, 2016, 01:45:02 AM
 #1621

Paypal is better when you invest online or you buy something and than you find that the item is not worthfull to buy and want refund or may be some one try to scam you than you can charge back to protect your funds and rights but when you talk about fast/anonymous/low cost transaction than Bitcoin is better.
may be it so but i personally have no experience in paypal, according so some ops paypal is not a universal form and its service is not available everywhere. therefore to me i think bitcoin is the best option as compare to paypal.
Yes agree with you PayPal service is not available everywhere, but it is stable today bitcoin is unstable because  today price is 900$ but no one knows how much it will be tomorrow so for shopping PayPal is good then bitcoin
Paypal is purely a payment processor while bitcoin can be both a currency and investment as well, when it comes to security based on the compliance of the law, Paypal is better but we are all risk takers here, we want to have full freedom and that resulted us to patronizing bitcoin which has a decentralized system.

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December 31, 2016, 02:18:24 AM
 #1622

I don't use paypal because i already have bitcoin but for me even though i didn't try using paypal before i still go for bitcoin because of its security which i don't need to verify my account on a particular wallet unlike paypal does and bitcoin is very profitable because i can do trading from it and it can generate good income for me every month unlike in paypal you cannot do that.
Yes, in my experience too bitcoin is much safer to use than PayPal and it is much easier since it does not ask you for credit card, moreover it does not require you to give out you real identity which sometimes can compromise your personal life in case of hacks.

But all the shopping sites don’t use bitcoin as a payment method which is a problem for us that is why we always need PayPal.

I still have paypal even though I already have bitcoin wallet/transactions that are helping me a lot with its time frame and cheaper fees.

My experience in paypal is quite good enough and I haven't experience some bad transactions there, everything went smooth.

But just like what others are irritated, that is with their fee. It is considered as high fee for each transaction you made with them.

And yes, there are a lot of stores that are not yet accepting bitcoin so we don't have choice but to still stay with paypal.

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December 31, 2016, 02:58:00 AM
 #1623

I will go for Paypal if the topic is security but in overall I will go for bitcoin, Because sending and receiving money is hassle free and you can hold money as many as you can don't have too much process. And bitcoin price is going up and down so If you will see if you invest in the bitcoin your money can grow up so I will go for bitcoin in overall.
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December 31, 2016, 06:19:03 AM
 #1624

I think bitcoin is better.I don't use paypal.
i agree with you that bitcoin is much more better because bitcoin is available in everywhere in the world for shopping and a lot of people are using bitcoin because transaction is very faster and secure and bitcoin transaction fees is very much lower.
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December 31, 2016, 09:35:17 AM
 #1625

I think bitcoin is better.I don't use paypal.
i agree with you that bitcoin is much more better because bitcoin is available in everywhere in the world for shopping and a lot of people are using bitcoin because transaction is very faster and secure and bitcoin transaction fees is very much lower.

Not entirely true. Go to my country and you will have problems to where you could spend it. I will still prefer Paypal if you want a higher percentage of shopping websites that are accepting virtual money.
Actually that is one problem of bitcoin that needs a lot of change. The acceptance.

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December 31, 2016, 09:54:07 AM
 #1626

I like to use both.
PayPal because it's easier to convert to cash, btc because it won't limit you for having money.
From the part of the  world I came from, I can only make payments online with PayPal, but with bitcoin or other altcoin I can both make payments and cash withdrawals'  through an exchangers. More so I can make money easy with bitcoin than PayPal as PayPal has many limitations.
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December 31, 2016, 10:36:16 AM
 #1627

I think bitcoin is better.I don't use paypal.
i agree with you that bitcoin is much more better because bitcoin is available in everywhere in the world for shopping and a lot of people are using bitcoin because transaction is very faster and secure and bitcoin transaction fees is very much lower.

Not entirely true. Go to my country and you will have problems to where you could spend it. I will still prefer Paypal if you want a higher percentage of shopping websites that are accepting virtual money.
Actually that is one problem of bitcoin that needs a lot of change. The acceptance.


You will not suffer from acceptance if you cash out your btc to fiat and used that option so you could buy the needs that you want, and the bad thing in paypal that truly scares my nerves is the dispute feature thats why i don't actually using that processor when having some transaction since it can be reversible unlike bitcoins that dishonest dealmate cannot fool us when something bad happens in the deal, acceptance will be there with bitcoins and the thing we need to do is to wait for it to spread more.


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December 31, 2016, 11:52:55 AM
 #1628

I think bitcoin is better.I don't use paypal.
i agree with you that bitcoin is much more better because bitcoin is available in everywhere in the world for shopping and a lot of people are using bitcoin because transaction is very faster and secure and bitcoin transaction fees is very much lower.

Not entirely true. Go to my country and you will have problems to where you could spend it. I will still prefer Paypal if you want a higher percentage of shopping websites that are accepting virtual money.
Actually that is one problem of bitcoin that needs a lot of change. The acceptance.


You will not suffer from acceptance if you cash out your btc to fiat and used that option so you could buy the needs that you want, and the bad thing in paypal that truly scares my nerves is the dispute feature thats why i don't actually using that processor when having some transaction since it can be reversible unlike bitcoins that dishonest dealmate cannot fool us when something bad happens in the deal, acceptance will be there with bitcoins and the thing we need to do is to wait for it to spread more.
Dispute features is the worst thing that I don't like on paypal and you are right its not like bitcoin on which it has irreversible transactions and some people do use paypal for scamming people and they uses the dispute features to scam people that's why I don't like any transactions that related to paypal and also I don't use paypal anymore since I met bitcoin.

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December 31, 2016, 03:49:33 PM
 #1629

I like to use both.
PayPal because it's easier to convert to cash, btc because it won't limit you for having money.
From the part of the  world I came from, I can only make payments online with PayPal, but with bitcoin or other altcoin I can both make payments and cash withdrawals'  through an exchangers. More so I can make money easy with bitcoin than PayPal as PayPal has many limitations.
Same here in my country. Paypal uses only to make payment when you purchase item online while bitcoin is more broad from which you can also make purchase available to it and you can also use it to pay bills, etc. and convert it into cash. So therefore bitcoin for me is the best.

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December 31, 2016, 03:53:10 PM
 #1630

I like to use both.
PayPal because it's easier to convert to cash, btc because it won't limit you for having money.
From the part of the  world I came from, I can only make payments online with PayPal, but with bitcoin or other altcoin I can both make payments and cash withdrawals'  through an exchangers. More so I can make money easy with bitcoin than PayPal as PayPal has many limitations.
Same here in my country. Paypal uses only to make payment when you purchase item online while bitcoin is more broad from which you can also make purchase available to it and you can also use it to pay bills, etc. and convert it into cash. So therefore bitcoin for me is the best.
People like paypal for it's currency conversion, it's no fee's for transfers to family and friends world wide, the buyer and seller protections it offers and no waiting for a block to validate.
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January 01, 2017, 04:21:00 AM
 #1631

Both is good but i like bitcoin because from what i read, i dont need vrification anyting to send and received bitcoin from or to my wallet. Its nice and very easy. I have paypal acc before knew bitcoin but never using that because i dont have credit card.

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January 01, 2017, 05:39:33 AM
 #1632

Both is good but i like bitcoin because from what i read, i dont need vrification anyting to send and received bitcoin from or to my wallet. Its nice and very easy. I have paypal acc before knew bitcoin but never using that because i dont have credit card.
both are nice, but based on my experience, using bitcoin, more practical than using paypal. Well, besides a lot of business that can be done with bitcoin, and moreover, that in doing bitcoin transaction is not difficult.
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January 01, 2017, 03:06:45 PM
Last edit: January 02, 2017, 06:07:52 PM by SHAWN-MIDWAYS
 #1633

Bitcoin is better than paypal in a lot of ways- with bitcoin no one will hold on to your money for receiving funds while paypal on the other hand that's a daily routine for them!!
Secondly its only a crypto that can allow you to send a cent of a dollar to someone while with paypal that's not even possible!!
Otherwise bitcoin will always stay ahead of PayPal.
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January 02, 2017, 08:46:01 PM
 #1634

I like to use both.
PayPal because it's easier to convert to cash, btc because it won't limit you for having money.
From the part of the  world I came from, I can only make payments online with PayPal, but with bitcoin or other altcoin I can both make payments and cash withdrawals'  through an exchangers. More so I can make money easy with bitcoin than PayPal as PayPal has many limitations.
Same here in my country. Paypal uses only to make payment when you purchase item online while bitcoin is more broad from which you can also make purchase available to it and you can also use it to pay bills, etc. and convert it into cash. So therefore bitcoin for me is the best.
in my counry paypal is totally banned and their service is not available here, therefore i cannot use the their service and i will like to use bitcoin as there are even some shops where i can use bitcoin for shopping.
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January 02, 2017, 08:54:40 PM
 #1635

bitcoin is above paypal
paypal is not familiar and very dificult to use
must verified, limit, dispute feature and another problem is can dificult to user
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January 03, 2017, 06:05:26 AM
 #1636

bitcoin is above paypal
paypal is not familiar and very dificult to use
must verified, limit, dispute feature and another problem is can dificult to user
They are different because paypal complies with the law of the state while bitcoin is decentralized. What we can only say here is based on our own experience because if you will ask other online users who only uses paypal, they will tell you the opposite.

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January 03, 2017, 06:23:31 AM
 #1637

bitcoin and paypal is different so i think i can not said what is better between bitcoin and paypal. but the benefit for bitcoin is we don't have to send any document and fill the data in our account. in paypal we have to complete our data and sending our details to them.
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January 03, 2017, 06:30:36 AM
 #1638

Yes, Bitcoin is better than Paypal. If somebody uses paypal to buy something, he can claim the amount which he paid for it and he can use fraud paypal money to do payment but Bitcoin is not. Once you buy something and pay with bitcoin. Well, that's it. Bitcoin payment and withdrawal are very fast and easier than paypal money.
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January 03, 2017, 11:33:19 AM
 #1639

bitcoin and paypal is different so i think i can not said what is better between bitcoin and paypal. but the benefit for bitcoin is we don't have to send any document and fill the data in our account. in paypal we have to complete our data and sending our details to them.
They are similar in the way that both PayPal and Bitcoin allow you to send money from point A to point B while each of them has advantages and disadvantages.

With PayPal you indeed need to verify yourself completely in order to make use of it, but for some reason the average joe type of people don't seem to mind it that much.

They see PayPal as a very secure plarform where they enjoy the feature of charging back in case they need to do so. That's an important aspect that keeps people making use of PayPal.

BSV is not the real Bcash. Bcash is the real Bcash.
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January 03, 2017, 11:45:32 AM
 #1640

bitcoin and paypal is different so i think i can not said what is better between bitcoin and paypal. but the benefit for bitcoin is we don't have to send any document and fill the data in our account. in paypal we have to complete our data and sending our details to them.
They are similar in the way that both PayPal and Bitcoin allow you to send money from point A to point B while each of them has advantages and disadvantages.

With PayPal you indeed need to verify yourself completely in order to make use of it, but for some reason the average joe type of people don't seem to mind it that much.

They see PayPal as a very secure plarform where they enjoy the feature of charging back in case they need to do so. That's an important aspect that keeps people making use of PayPal.
That portion of paypal keep it up the charging back the money you send if your transaction with someone become scam. So Paypal is the very best in terms of security but in trading I will go for Bitcoin because bitcoin price goes down and up. So it is good to invest to bitcoin and secure it in paypal if your not going to use or the bitcoin price will go down.
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