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Author Topic: Is bitcoin better or paypal?  (Read 281257 times)
warwar
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January 03, 2017, 12:05:39 PM
 #1641

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.

You are right! Upon choosing between of two and asking a person which is better then they are choosing what they've been using ever since! well as a paypal user and bitcoin user! I could pretty say that paypal is also fast but lot of things to do unlike bitcoin it is very fast! faster than paypal! and low transactions fees. So i do prefer bitcoin
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January 03, 2017, 01:06:13 PM
 #1642

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.
the requirement to register paypal course is much more difficult. bitcoin provides us the ease of opening a new address wallet.
This would be one of the most desirable advantages bitcoin of many people today.
john2231
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January 03, 2017, 01:21:29 PM
 #1643

I think for now because here in my country they are adding a vcc feature in our local wallet that we can connect with paypal right now we do not need to get the problem about choosing what is the best to use or if you deal to someone it is better to sell an account with connected vcc in paypal than dealing paypal to bitcoin or bitcoin to paypal.. because it is really risky because of charge back.. if they want a vcc that can convert their bitcoin they need to be here in philippines just to use the service of coins.ph.. or i hope that coins.ph also available in other country..
Harlot
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January 03, 2017, 01:27:40 PM
 #1644

I think for now because here in my country they are adding a vcc feature in our local wallet that we can connect with paypal right now we do not need to get the problem about choosing what is the best to use or if you deal to someone it is better to sell an account with connected vcc in paypal than dealing paypal to bitcoin or bitcoin to paypal.. because it is really risky because of charge back.. if they want a vcc that can convert their bitcoin they need to be here in philippines just to use the service of coins.ph.. or i hope that coins.ph also available in other country..
Yeah that is exactly one of the point here. There is no need for comparisons with Bitcoin and Paypal because they can work together. Many people think that Bitcoin is not good because local businesses don't accept it but is it the end of the line? Of course not we can always convert our Bitcoin to Fiat whenever we have a problem like that. And now we have virtual credit cards using our Bitcoin isn't that closer to the real thing? Why compare when we can choose both right?
mrbigmugs
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January 03, 2017, 09:44:39 PM
 #1645

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.

You are right! Upon choosing between of two and asking a person which is better then they are choosing what they've been using ever since! well as a paypal user and bitcoin user! I could pretty say that paypal is also fast but lot of things to do unlike bitcoin it is very fast! faster than paypal! and low transactions fees. So i do prefer bitcoin
to me as i mostly use bitcoin there i will always like to chose bitcoin and not paypal, paypay is some time creating a lot of problems and therefore most of the people avoide to use paypal, and that is the reason that they give preference to bitcoin on paypal.

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January 04, 2017, 12:09:09 AM
 #1646

bitcoin provides ease in all access. including in transferring financial transactions. while PayPal has a regulation that is more complicated than bitcoin. of course I chose bitcoin than paypal.
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January 04, 2017, 12:21:02 AM
 #1647

bitcoin provides ease in all access. including in transferring financial transactions. while PayPal has a regulation that is more complicated than bitcoin. of course I chose bitcoin than paypal.

You are right. Using paypal the fees are higher and their service is very intrusive because their regulations. I don't like it. That is why I stopped using paypal and now I use only bitcoins, I can pay cheper fees per transferences and it's anonymous.
My country doesn't have a regulation about bitcoin, I can use it without pay fees for the government and I don't need to give my identification.

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Diced90
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January 04, 2017, 12:34:04 AM
 #1648

its really difficult to tear the two apart as it will depend on which side of the transaction you are playing whether the receiving side or the sending side and we all know sellers would undisputedly go for bitcoins and the buyers being afraid of being scammed will prefer paypal as it protects them/us.
BitHodler
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January 04, 2017, 06:21:02 PM
 #1649

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.
Honestly, you can't compare Bitcoin and PayPal when it comes to trading and investing. PayPal is nothing more than a payment service.

When it comes to cashing out your coins, then there isn't really a difference when you cash out to your bank or PayPal account as both allow you to charge back.

I am however not sure how PayPal is doing right now, but I have heard people had their account frozen as they used it to buy and sell Bitcoin. That's what I consider to be a huge disadvantage.

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January 04, 2017, 06:35:50 PM
 #1650

its really difficult to tear the two apart as it will depend on which side of the transaction you are playing whether the receiving side or the sending side and we all know sellers would undisputedly go for bitcoins and the buyers being afraid of being scammed will prefer paypal as it protects them/us.
The good thing in bitcoin right now we are seeing that the price is continues to increase and almost all people are get the benefits of the price increase of bitcoin unlike you are just using paypal and the fee is high than bitcoin.. the good thing in paypal you can charge back if you receive a wrong product or not fits to your needs. .

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Evansloin
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January 05, 2017, 02:45:46 AM
 #1651

Right now I still think that PayPal is still a bit better but that is just because its way more accepted, just because of that...
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January 05, 2017, 03:41:34 AM
 #1652

Bitcoin and PayPal cannot be compared PayPal let people pay with a sort of security and the bitcoin is a real currency!!
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January 05, 2017, 04:42:57 AM
 #1653

its really difficult to tear the two apart as it will depend on which side of the transaction you are playing whether the receiving side or the sending side and we all know sellers would undisputedly go for bitcoins and the buyers being afraid of being scammed will prefer paypal as it protects them/us.
The good thing in bitcoin right now we are seeing that the price is continues to increase and almost all people are get the benefits of the price increase of bitcoin unlike you are just using paypal and the fee is high than bitcoin.. the good thing in paypal you can charge back if you receive a wrong product or not fits to your needs. .
Yes, PayPal has this advantage that if any customer complaint that they are not received product or any other issue, the customer will get back there money to PayPal account. But this is the only advantage for buyers for sellers this is a big disadvantage because some buyers will cheat sellers like after getting the good product they will raise the complaint telling like it's not received or the product is not good etc. so this is a loss for sellers. I personally had experience in online business.
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January 05, 2017, 07:04:09 AM
 #1654

I think bitcoin is way more better than paypal cause in bitcoin you can use it very easily and you don't have to give your real information,
And also you can send or receive your money easily without any hassle when you are using bitcoin and there is no age restriction in bitcoin because of it's anonymity

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January 05, 2017, 09:08:23 AM
 #1655

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.
I think just the opposite. bitcoin gives us a profitable investment. and paypal could not do it. bitcoin prices keep moving up and down. while PayPal has a nominal value remains the same.
Yes, that is right bitcoin can be use for investment as well as like currency, while paypal cannot be used for investment nor could be traded, the other reason maybe that paypal is not a global currency (paypal services is not available in 15% of total countries) where as bitcoin can be in all over the world.
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January 05, 2017, 08:28:39 PM
 #1656

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.
the requirement to register paypal course is much more difficult. bitcoin provides us the ease of opening a new address wallet.
This would be one of the most desirable advantages bitcoin of many people today.
yes that is a fact that the process of paypal is really too much difficult and that is the reason that i personally using bitcoin i even have no account in paypal i think bitcoin is enough for me.
BitcoinMarshal
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January 05, 2017, 11:32:14 PM
 #1657

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.
the requirement to register paypal course is much more difficult. bitcoin provides us the ease of opening a new address wallet.
This would be one of the most desirable advantages bitcoin of many people today.
yes that is a fact that the process of paypal is really too much difficult and that is the reason that i personally using bitcoin i even have no account in paypal i think bitcoin is enough for me.
Freedom is main difference between paypal and bitcoin its giving freedom to many those who want to live as anonymous paypal is never been easy for any one because its not giving services in many countries and bitcoin is beyond they boundaries
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January 06, 2017, 12:00:01 AM
 #1658

I think that bitcoin is better because useable everywhere easier and also anonymous controlled by yourself, PayPal is also good but that is because you can get your money back when something is not good.
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January 06, 2017, 12:16:58 AM
 #1659

Cannot be compared indeed, its just that they are just so different because of the fact that one is pay method and the other a real digital currency.
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January 06, 2017, 03:08:08 AM
 #1660

The bitcoin is good and I think that they are both very good and that I cannot even choose between them honestly.
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