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Author Topic: Is bitcoin better or paypal?  (Read 281173 times)
delliaerd
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January 06, 2017, 03:39:58 AM
 #1661

The bitcoin is good and I think that they are both very good and that I cannot even choose between them honestly.
Everyone have different opinions about which better either bitcoin or PayPal. But for my self i am using both bitcoin and PayPal in different purposes. If i wanna send money but the seller who don't know bitcoin so i choose PayPal. Even though bitcoin is cheaper better for

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Jackling
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January 06, 2017, 10:11:43 AM
 #1662

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

Bitcoin is good, but the transaction fees are getting higher and higher.
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January 06, 2017, 12:41:03 PM
 #1663

i think bitcoin better than paypal, for using paypal is really difficult because requirment for registration unlike bitcoin. bitcoin so easy to use, we just make wallet and we can make transaction for everything. 
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January 06, 2017, 07:24:19 PM
 #1664

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.
The worst issue with paypal is that it is not available everywhere in the world only a limited number of countries are supported which is the cause of limiting the businesses which rely on paypal for their payments system for their clients.
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January 06, 2017, 09:38:22 PM
 #1665

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
yes that is a fact that the service of bitcoin is not available everywhere even in my own country their service is not available in my own country. while bitcoin is present everywhere without any doubt and risk involve, i can easily exchange my money form bitcoin to my fiat currency using local exchange.
bitbob82
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January 07, 2017, 11:49:54 PM
Last edit: January 09, 2017, 12:31:53 AM by bitbob82
 #1666

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.
yes i also think so that bitcoin will be more better than paypal. because paypal requirement are too much to use it. while bitcoin is too much easy to use having very simple procedure and no complexity. 
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January 08, 2017, 02:14:20 AM
 #1667

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.
yes i also think so that bitcoin will be more better that paypal. because paypal requirement are too much to use it.
The PayPal transaction is not safe in some online business because they will take more days to release our payments. And it is not that much safe for online business, and people may cheat us. But in Bitcoin transaction this type of issues we will not get. This will take very less time to delivery, and we can easily withdraw money. So I prefer bitcoin is better to compare PayPal.
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January 08, 2017, 06:54:47 PM
 #1668

The bitcoin is good and I think that they are both very good and that I cannot even choose between them honestly.
Everyone have different opinions about which better either bitcoin or PayPal. But for my self i am using both bitcoin and PayPal in different purposes. If i wanna send money but the seller who don't know bitcoin so i choose PayPal. Even though bitcoin is cheaper better for
i personally has no account in paypal therefore i have never use it actually being using bitcoin i never feel the need to use paypal, i already heard that paypal account need so much requirements to open an account.

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January 09, 2017, 03:56:22 AM
 #1669

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.
yes i also think so that bitcoin will be more better than paypal. because paypal requirement are too much to use it. while bitcoin is too much easy to use having very simple procedure and no complexity. 
Also, I think the limitation account on access of paypal can make the user feel litle bit uncomfortable. Thats why bitcoin is better than paypal, bitcoin is easy to use and secure. The user get so many advantage from it.


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Gotottack
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January 09, 2017, 04:52:33 AM
 #1670

For me it depends which party you are.

If you are the seller then I would prefer to receive bitcoins. Because if you receive bitcoins there is no other fee than transaction fees. You don't have topay for the fees merchants have to pay if they use paypal as their payment system.

If I were the buyer, I would prefer paypal. In paypal you have the safety of disputing the payment if you didn't receive the goods or there is a genuine complaint. Bitcoin transactions are non-reversible which would be against a buyer.
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January 09, 2017, 02:40:35 PM
 #1671

For commercial use, the main (dis)advantage of bitcoin is the lack of legacy practice and laws etc.  There are no trustful mechanisms to make refunds for goods and services, etc - I mean, in the physical word, like buying a car for BTC. I think that things will change quite soon, but for now this is the world we live in.
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January 09, 2017, 02:49:58 PM
 #1672

Absolutely, Bitcoin is better than paypal because bitcoin is anonymous and is not controlled by any financial organizations of government. it 's very easy and fast in transaction. the payment is very simple and it's no fraud. If somebody pays goods or services with paypal currency without clearance , he can dispute that and asks paypal for refund and you will be lost .
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January 09, 2017, 03:05:35 PM
 #1673

For me it depends which party you are.

If you are the seller then I would prefer to receive bitcoins. Because if you receive bitcoins there is no other fee than transaction fees. You don't have topay for the fees merchants have to pay if they use paypal as their payment system.

If I were the buyer, I would prefer paypal. In paypal you have the safety of disputing the payment if you didn't receive the goods or there is a genuine complaint. Bitcoin transactions are non-reversible which would be against a buyer.
In my side not all are preferred bitcoin to send payment online they are prefer to used credit card either paypak to sent paypal i know paypal has a good security when it comes of transaction are being made it can be easy to dispute aswell but you can counter it by telling to sender sent that friends and family. Bitcoin are good bcoz it didn't need too much documents.

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January 09, 2017, 03:12:52 PM
 #1674

Bitcoin is just too volatile at the moment to use an actual currency, but it's better in every aspect though

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January 09, 2017, 03:55:04 PM
 #1675

Bitcoin is a real currency and PayPal is a pay method, I do not think that you can compare these two with each other if I have to be honest.
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January 09, 2017, 04:11:53 PM
 #1676

For me, I will say it depends on the side one is looking at it as they both have their individual advantages and disadvantages but for me, I would pick bitcoin ahead of paypal simply because of the following reasons:

1. The ability to transfer through cross borders without even submitting any detail about yourself

2. The low costs of transaction which will not be the case when one is transferring through paypal which could be as low as 25 cents atimes.
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January 09, 2017, 06:11:31 PM
 #1677

Both has its advantages and disadvantages so it depends on the person who will use it. On which one is best suited

for him. As for me, I'd rather use bitcoin than paypal for the fact that I have a full control on my money. But For

time to time I use paypal because some merchants don't allow payments in bitcoin and the good thing about it is

almost any kind of online business accepts payments through it .

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January 10, 2017, 02:50:03 AM
 #1678

Both has its advantages and disadvantages so it depends on the person who will use it. On which one is best suited

for him. As for me, I'd rather use bitcoin than paypal for the fact that I have a full control on my money. But For

time to time I use paypal because some merchants don't allow payments in bitcoin and the good thing about it is

almost any kind of online business accepts payments through it .
Yes agree. I think this is something that we cannot compare, both have advantages and disadvantages. Paypal is widely supported by banks, so as to receive and send with paypal we can do at the bank. Paypal is just like the case of fiat money whose value is fixed.

While the bitcoin is cryptocurrency whose value is dynamic, depending on the market. Because the price fluctuates, for current bitcoin has advantages i.e. we can use for investment. We buy right now and tomorrow the price can goes up then we can profit. It is not found in Paypal.
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January 10, 2017, 06:59:12 AM
 #1679

For me it depends which party you are.

If you are the seller then I would prefer to receive bitcoins. Because if you receive bitcoins there is no other fee than transaction fees. You don't have topay for the fees merchants have to pay if they use paypal as their payment system.

If I were the buyer, I would prefer paypal. In paypal you have the safety of disputing the payment if you didn't receive the goods or there is a genuine complaint. Bitcoin transactions are non-reversible which would be against a buyer.
In my side not all are preferred bitcoin to send payment online they are prefer to used credit card either paypak to sent paypal i know paypal has a good security when it comes of transaction are being made it can be easy to dispute aswell but you can counter it by telling to sender sent that friends and family. Bitcoin are good bcoz it didn't need too much documents.

Yes that is a benefit for buyers and not for sellers. As paypal transactions are highly reversible, then merchants really have a problem when selling stuff as they could get scammed by their buyers if they accept paypal. The friends and family feature of paypal can also be reversed, by the way. So there is no real security for sellers.
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January 10, 2017, 07:36:39 AM
 #1680

For me,
I used both today

but there is more advantage on using bitcoin as method of payment than paypal but for some freelance work I guess paypal is number one

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