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Author Topic: Is bitcoin better or paypal?  (Read 281183 times)
Bitcoinsummoner
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February 08, 2017, 06:44:51 PM
 #1821

Bitcoin is better then paypal. In my  country paypal or bitcoin no one is supported. Paypal wallet does not support here. But bitcoin wallet are useable here. I can easily open a bitcoin wallet without any verification. i can use bitcoin for various purposes. I can easily buy sell bitcoin to my friends and can buy VPS/VPN etc easily. So why i like Bitcoin most instead of paypal.
For me they same good and they are equal because there are some part in bitcoin that they will be equal.. and they are part that you can not use in bitcoin.. for me for shopping online still the best to use paypal..but there part in bitcoin like you can gamble in gambling without Real identity..
And some other ways .. so for me both of them are good..



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February 08, 2017, 07:36:36 PM
 #1822

For the currency conversion i will chose paypal. it has no fee its secure also it no apply any fee while sending money to family or any friend
( FNF ) its also good buyer and seller no need to wait for payment process

Actually, PayPal does charge a certain percentage in fees for currency conversions. Depending on what country you're from, on whether or not you use your PayPal balance, and to what fiat currency you want to convert to, you pay a few percent in fees for the conversion plus the regular fees come on top of that. In some cases you could end up paying like 4-5% in total. It can turn out to be a costly practice if you make use of conversions several times a month.
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February 08, 2017, 07:40:30 PM
 #1823

As per my scenario Bitcoin is better than Paypal.
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February 09, 2017, 02:53:57 PM
 #1824

As long as you have Bitcoin exchange in your country, BTC is better, Paypal has lost the initial savour that makes it darling of people doing online transactions, now what BTC offers Paypal can not match it in any way.

People who is does not know about bitcoin will think that paypal is best transaction mode globally. But if we compare with bitcoins, we see that bitcoin is far better than paypal. Simple fees and fast than paypal. Then paypal involves in many email scams. I would choose bitcoin always.

I agree with you, we knows that bitcoin is better than paypal for the people know about bitcoin
maybe someday the people will know about bitcoin in the world

For buying with an unknown person online, I always vote PayPal is best because it has a buyers protection policy and the seller can't cheat. In the case of bitcoins if you are buying through a reputed known person yes it is simpler or easy. But if you want to buy from an unknown person then should go through with escrow and many times it delays your transaction, and it adds some additional fee as well and more time-consuming process. So I like both of them and use it accordingly.
but i think no one can even cheat if you are using bitcoin, because there are so many trusted escrow trough whom you can send and receive any amount of bitcoin from anywhere. so bitcoin is also a good way of transaction.
No, it's impossible, cheaters are everywhere and we can only be cheated if we allow them to cheat us. We are in the long world and there's plenty of smart people here who are using their knowledge just to scam people therefore we should know that possibilities and be smart all the time. Never trust easily, if you want to say in the crypto.
True, bad guys/cheaters are everywhere. People around the world will say paypal is good in some other ways  and some are not and these are the people maybe that don't have any knowledge in Paypal services, likewise in bitcoin some are don't believe in it too due to lack of knowledge about in bitcoin. Which means I can say they are both good and helpful to anyone, only the difference was in Paypal nowadays are having issues to their clients in different places by complaining regarding about in their services, unlike in bitcoin not.
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February 09, 2017, 03:01:34 PM
 #1825

Bitcoin is better then paypal. In my  country paypal or bitcoin no one is supported. Paypal wallet does not support here. But bitcoin wallet are useable here. I can easily open a bitcoin wallet without any verification. i can use bitcoin for various purposes. I can easily buy sell bitcoin to my friends and can buy VPS/VPN etc easily. So why i like Bitcoin most instead of paypal.
each payment media have weaknesses and strengths of each. we must be able to distinguish which ones have more features. for me bitcoin has a number of extended service plans and also powerful enough for daily use.
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February 09, 2017, 03:31:39 PM
 #1826

Bitcoin is better then paypal. In my  country paypal or bitcoin no one is supported. Paypal wallet does not support here. But bitcoin wallet are useable here. I can easily open a bitcoin wallet without any verification. i can use bitcoin for various purposes. I can easily buy sell bitcoin to my friends and can buy VPS/VPN etc easily. So why i like Bitcoin most instead of paypal.
each payment media have weaknesses and strengths of each. we must be able to distinguish which ones have more features. for me bitcoin has a number of extended service plans and also powerful enough for daily use.
As rise in importance of digital payment media and which all are based on online so weaknesses like natural.About dominating or in order to find out better processor what do you like to say in my side both of are good in our digital transactions though its depends which country have you lived.
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February 10, 2017, 06:19:40 AM
 #1827

As long as you have Bitcoin exchange in your country, BTC is better, Paypal has lost the initial savour that makes it darling of people doing online transactions, now what BTC offers Paypal can not match it in any way.

People who is does not know about bitcoin will think that paypal is best transaction mode globally. But if we compare with bitcoins, we see that bitcoin is far better than paypal. Simple fees and fast than paypal. Then paypal involves in many email scams. I would choose bitcoin always.

I agree with you, we knows that bitcoin is better than paypal for the people know about bitcoin
maybe someday the people will know about bitcoin in the world

For buying with an unknown person online, I always vote PayPal is best because it has a buyers protection policy and the seller can't cheat. In the case of bitcoins if you are buying through a reputed known person yes it is simpler or easy. But if you want to buy from an unknown person then should go through with escrow and many times it delays your transaction, and it adds some additional fee as well and more time-consuming process. So I like both of them and use it accordingly.
but i think no one can even cheat if you are using bitcoin, because there are so many trusted escrow trough whom you can send and receive any amount of bitcoin from anywhere. so bitcoin is also a good way of transaction.
No, it's impossible, cheaters are everywhere and we can only be cheated if we allow them to cheat us. We are in the long world and there's plenty of smart people here who are using their knowledge just to scam people therefore we should know that possibilities and be smart all the time. Never trust easily, if you want to say in the crypto.
True, bad guys/cheaters are everywhere. People around the world will say paypal is good in some other ways  and some are not and these are the people maybe that don't have any knowledge in Paypal services, likewise in bitcoin some are don't believe in it too due to lack of knowledge about in bitcoin[1]. Which means I can say they are both good and helpful to anyone, only the difference was in Paypal nowadays are having issues to their clients in different places by complaining regarding about in their services, unlike in bitcoin not.

[1] Saying something bad about something doesn't always mean that you don't have any knowledge about it. Most of the time, it's actually because you know enough about it to say that something's not actually good. Paypal, for example, if you've been using it for a while now and you've been lurking around on forums, you would know that Paypal is being spammed because of their buyer's protection policy. I've read somewhere that simply claiming that you didn't authorize that transaction and/or you were hacked would be a successful way to refund your money.

Bitcoin, on the other hand, is frowned upon by those who don't have a deep knowledge about it because bitcoin is quite hard to understand if you don't put an effort to do so. It's not as intuitive as what they expected. Most people were referred to using bitcoins because they heard that you can make money from it. While that's true, it's not easy to start earning money from bitcoins. So their expectations was not achieved and there's tons of scammers in the bitcoin world. Enough to say that using bitcoin can be pretty bad to those that aren't cautious enough.

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February 10, 2017, 08:01:28 AM
 #1828

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 is not how it works,they don't restrict your wallet right away ,they do investigation and ask both parties to provide additional information about the transactions,but if you are going to sell Bitcoin,do not use paypal it's against their tos and your account will be restricted.

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February 10, 2017, 03:13:50 PM
 #1829

Better to use Paypal for online shopping since it's widely accepted and it's the most popular. I would still prefer Bitcoin for funds transfer because of the small to no fee and the transactions are faster.
I do not think that paypal is widely used for online shopping but it is limited to only a few people and people shop only from a few shops like amazon etc and shopping now with bitcoin is also a good on these sites like you can do shopping from amazon with purse.io etc.
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February 10, 2017, 03:24:08 PM
 #1830

Better to use Paypal for online shopping since it's widely accepted and it's the most popular. I would still prefer Bitcoin for funds transfer because of the small to no fee and the transactions are faster.
I do not think that paypal is widely used for online shopping but it is limited to only a few people and people shop only from a few shops like amazon etc and shopping now with bitcoin is also a good on these sites like you can do shopping from amazon with purse.io etc.
PayPal is widely used for online payment dude not just in shopping stores. Plus, there are many shopping stores that accepting PayPal. for me, it's better to use PayPal than Bitcoin if you buying stuff online because you can refund it if you got scam.

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February 10, 2017, 03:35:02 PM
 #1831

Better to use Paypal for online shopping since it's widely accepted and it's the most popular. I would still prefer Bitcoin for funds transfer because of the small to no fee and the transactions are faster.
I do not think that paypal is widely used for online shopping but it is limited to only a few people and people shop only from a few shops like amazon etc and shopping now with bitcoin is also a good on these sites like you can do shopping from amazon with purse.io etc.
PayPal is widely used for online payment dude not just in shopping stores. Plus, there are many shopping stores that accepting PayPal. for me, it's better to use PayPal than Bitcoin if you buying stuff online because you can refund it if you got scam.
We know that this is a service used worldwide, and in terms of adoption by users and acceptance by merchants, PayPal is steps ahead. However, PayPal has had time to expand in the market. It must be remembered that when there are points of centralization, there are also points of failure. I think there are some advantages with regards to receiving a refund, but I think it is only a matter of time until some service is developed using Bitcoin and bringing this possibility.
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February 10, 2017, 03:47:34 PM
 #1832

Very much different when comparing Paypal with Bitcoin. With Bitcoin, all the decisions in our hands, would be made as to what it is all up to us, there are many rules and requirements that are specific and complex.
I've been comfortable wearing Bitcoin compared with Paypal which requirements make us very reluctant to give it. But it depends to individual users as well, but I prefer Bitcoin to expedite the transaction and not complicated.
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February 11, 2017, 06:05:39 AM
 #1833

I don't think it is actually possible to compare PayPal and bitcoin because each of them have there own features like:
PayPal isn't a investment platform like bitcoin and it's price doesn't change unlike bitcoins.
Bitcoins can be earned by purchasing , earning or maybe mining while PayPal can only be earned or purchased mining isn't possible.
Bitcoin has it's own features like anonymity , minimal fees while PayPal is a legit company which is accepted worldwide in many places compared to bitcoin and it is basically like a wallet which helps secure third party purchases.
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February 11, 2017, 06:31:52 AM
 #1834

PayPal always best and most acceptable cause PayPal is most easier to pay someone . Bitcoin is for safety from chargeback but PayPal will be always mostly accepted in the world , that will never change Smiley ; People love to use credit card more than use bitcoin which is not easy to get and someone has to pay big fees in order to get it .

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February 11, 2017, 08:30:21 PM
 #1835

As per my scenario Bitcoin is better than Paypal.
yeah there is maximum people in the bitcoin fever because bitcoin is much more profitable for everyone user and i think bitcoin is acceptable in everywhere for online shopping than paypal and is also not available in my country so i can just using bitcoin for online shopping in my country.
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February 11, 2017, 08:41:37 PM
 #1836

As per my scenario Bitcoin is better than Paypal.

Seeing the scenario today bitcoin is really better than Paypal. They are becoming more strict when it comes to implementation to the companies that are using their service. And with bitcoin there are no restrictions as long you know how to send, you do have balance and you had someone to received it, that's why bitcoin is becoming better now.

No matter how strict or fee intensive PayPal is to customers and merchants, PayPal will still be their platform of choice. It's global acceptance for merchants and buyers protection for customers that give PayPal its main value. As long as PayPal remains the leader there, the users (buyers and sellers) will most likely continue to commit themselves to that service. And btw.... What's so different about today than let's say a year or two ago according to you?
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February 11, 2017, 09:06:32 PM
 #1837

As per my scenario Bitcoin is better than Paypal.
yeah there is maximum people in the bitcoin fever because bitcoin is much more profitable for everyone user and i think bitcoin is acceptable in everywhere for online shopping than paypal and is also not available in my country so i can just using bitcoin for online shopping in my country.
yeah i also like bitcoin than paypal and you are right that bitcoin is profitable than paypal so i also prefer that we should use bitcoin and invest our money in bitcoin and paypal can not give us profit so we can say that bitcoin is much more better than paypal.
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February 11, 2017, 11:52:59 PM
 #1838

you cant compar between paypal who is a online or virtual bank and bitcoin who is virtual Currency , we can compare as a way to store your money. and i think bitcoin is better then paypal
because with bitcoin wallet there is no high fees and limits just open your wallet account and start receive or send the bitcoin, but paypal you must have a vard or bank to confirme your account, and paypal charge high fees and have many problem
so i choose bitcoin wallet
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February 12, 2017, 12:18:09 AM
 #1839

you cant compar between paypal who is a online or virtual bank and bitcoin who is virtual Currency , we can compare as a way to store your money. and i think bitcoin is better then paypal
because with bitcoin wallet there is no high fees and limits just open your wallet account and start receive or send the bitcoin, but paypal you must have a vard or bank to confirme your account, and paypal charge high fees and have many problem
so i choose bitcoin wallet
Paypal = payment gateway,
Bitcoin = currency.

we can't compare it at least if we are trying to look at the efficiency both of the transaction system.

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February 12, 2017, 09:39:14 AM
 #1840

you cant compar between paypal who is a online or virtual bank and bitcoin who is virtual Currency , we can compare as a way to store your money. and i think bitcoin is better then paypal
because with bitcoin wallet there is no high fees and limits just open your wallet account and start receive or send the bitcoin, but paypal you must have a vard or bank to confirme your account, and paypal charge high fees and have many problem
so i choose bitcoin wallet
Paypal = payment gateway,
Bitcoin = currency.

we can't compare it at least if we are trying to look at the efficiency both of the transaction system.
I guess it's true. paypal only be used as a payment gateway on the Internet. while the bitcoin currency here on the internet, and it is international. it can not be compared, but, probably bitcoin still have an edge on the internet about it.
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