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Author Topic: Is bitcoin better or paypal?  (Read 281268 times)
BitHodler
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April 15, 2017, 11:06:37 PM
 #1981

For reliability and best performance? of course paypal is better, for low fees and being decentralized? of course Bitcoin is better. also paypal doesn't print money they just process and transfer it but Bitcoin doing everything on it's own.
Bitcoin lower fees than PayPal? It depends on how you use PayPal.

If you look at what the majority of the people are using PayPal for, then it is online shopping and transacting from and to family, relatives, and the list goes on.

All above mentioned requires no fee at all, and thus gives PayPal the main benefit when it comes to fees.

Right now the recommended fee sits between 0.0003-0.0004BTC. In fiat value that's at least $0.36 per transaction. That's quite a difference, isn't it?

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April 16, 2017, 01:00:25 AM
 #1982

There is no comparison between bitcoin and paypal. Its like you are comparing the vacant land and ready possession flat. Bitcoin with the features and no return back once send make it more competitive. With the growing presence across countries this has show as one of the best asset class among all financial instrument last year in term of return. Does paypal gives such returns?
bitcoin much better than paypal. but in some parts we recognize that paypal has nicer features, look like for security from crime then paypal has better things.

paypal is good to store online because is good regulation , can preventif about crime, , ope feature dispute
bitcoin is good can get return and fast grow youre money, anoymou, fast transaction and low sending fee

bitcoin is not yet known into online shopping while PayPal is good at, but in terms of transactions and profitable income that we can get bitcoin can gives it all having lots of features on making us conveniently in all our transactions plus that it can be used in different sites like in gambling sites plus no much identity details needed.

Bitcoins are currently more popular only in the gambling industry and in other businesses not so much popular yet. So to buy something, online bitcoins are not so much useful, but Paypal also gives a buyer protection so buyers can buy online products without much worry. Bitcoins are good for investments, and Paypal is safe for online purchase.

True. The increase of online purchases have made Paypal famous in the online world. Although there have been problems regarding their being selfish of sending money in different online money storage still there are many users trusting them. Their large fees dont bother some users considering they havent tried anything like bitcoin which gives a lower fee.
Being an option for online payment is what makes them stronger. I guess their company is really targeting that part of the field.
but i think after emerging bitcoin paypal popularity is now decreasing from time to time and.  as now people are using bitcoin  for trading and for shopping as it s more convenient and reliable than payapl and is also available everywhere.

I don't think in online purchasing PayPal popularity is not coming down instead going up with their good buyer protection policy. If you want to use a bitcoins for the online transaction then you need to go through with escrow and which makes trades delay and also adds up additional fees. So bitcoins are good for investment purpose and for online purchases still, Paypal is best.
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April 16, 2017, 02:33:19 AM
 #1983

For reliability and best performance? of course paypal is better, for low fees and being decentralized? of course Bitcoin is better. also paypal doesn't print money they just process and transfer it but Bitcoin doing everything on it's own.
that is why we are calling bitcoin as best from paypal and any other payment processor or any other currency. Along with that I will also like to add that bitcoin is also a currency of reliability and best performance I am calling it according to my two years experience with it.

It's hard to compare paypal to bitcoin, would be more appropriated to compare paypal to blockchain. At this moment paypal works better if we consider the amount of users on the world, blockchain can be much better, but it's not yet.
I prefer bitcoin than paypal to deal with money online because it's easier for me as I don't like to give many informations about me on the internet.

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April 16, 2017, 03:06:37 AM
 #1984

I have a hunch that paypal will accept bitcoin, but this is just a hunch. but, when it happens, then paypal will probably admit that bitcoin is really better than them so they tried to save themselves by accepting bitcoin. I am pretty sure that this time bitcoin, has exceeded paypal.

Yes, it is coming soon. I am sure that PayPal has already that on the planning stage maybe just waiting for the right time to announce that move. There are already many payment processors that accept Bitcoin like PerfectMoney, Payza, SolidTrustPay, Neteller, and some others so it is about time for Paypal to look at Bitcoin and how it can even compliment and make their business grow more. As I said, Paypal and Bitcoin can be complimentary as both have their own strengths  and advantages. I am sure that many people would welcome such a move, just in case.
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April 16, 2017, 05:54:38 AM
 #1985

how this going to work with merchant who cheat and ship wrong product if you paid via BTC?

Well if something like that happens with you or with anyone else it is know as getting scammed. If you just google you can easily find reviews for a site or you can always use a escrow. Scams are increasing daily but the buyer should also take precautions from his side.
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April 16, 2017, 02:25:05 PM
 #1986

For reliability and best performance? of course paypal is better, for low fees and being decentralized? of course Bitcoin is better. also paypal doesn't print money they just process and transfer it but Bitcoin doing everything on it's own.
It's upto the user of it to which they prefer. For US citizen ofcourse PayPal is better than Bitcoin because they don't have to exchange and easy to understand but I think here in East I would prefer Bitcoin instead of PayPal because withdraw amount is low and now I am use to of it..
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April 16, 2017, 02:58:33 PM
 #1987

I was a paypal user in the past when i was still a gamer, I sell items, gold and even character using paypal but my addiction to online games was ended so now i changed my hobby from online games to online gambling and i used to play to gambling casino where i won't need to use my credit card so my Option for that is to use Bitcoin. What i mean is there is no best in bitcoin or paypal , both are good depending in where and what you are going to use it for.
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April 16, 2017, 03:52:17 PM
 #1988

how this going to work with merchant who cheat and ship wrong product if you paid via BTC?

Well if something like that happens with you or with anyone else it is know as getting scammed. If you just google you can easily find reviews for a site or you can always use a escrow. Scams are increasing daily but the buyer should also take precautions from his side.

It's very easy to be careful in every trades that you made and it's better if you are going to choose a safe payment and method on it. Bitcoin will be on the side of hiding the clients information because we know bitcoin supports anonymity.


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April 16, 2017, 04:23:56 PM
 #1989

I was a paypal user in the past when i was still a gamer, I sell items, gold and even character using paypal but my addiction to online games was ended so now i changed my hobby from online games to online gambling and i used to play to gambling casino where i won't need to use my credit card so my Option for that is to use Bitcoin. What i mean is there is no best in bitcoin or paypal , both are good depending in where and what you are going to use it for.


For using the money in gambling most of the site apart from the btc gambling site. Most of them supports to pay via debit, credit card and paypal in high numbers. I support to bitcoin due to its potential and less fees when compare with the Paypal. Moreover Paypal was doing scam attempts via email. but bitcoin never. Please aware of scammers around you and use bitcoin.
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April 16, 2017, 04:25:11 PM
 #1990

For reliability and best performance? of course paypal is better, for low fees and being decentralized? of course Bitcoin is better. also paypal doesn't print money they just process and transfer it but Bitcoin doing everything on it's own.

Well, it is for paypal now has a pretty good performance. because they already have a company providing the best service, unlike the bitcoin. Although it does not have service companies that make the bitcoin became better, but right now it's a matter of profit for bitcoin is the most major and became King of all currencies. Because paypal, just relying on the money there and also rate each country. While the bitcoin doesn't have become dependable, bitcoin just flows in accordance with market conditions
 
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April 16, 2017, 11:44:20 PM
 #1991

For reliability and best performance? of course paypal is better, for low fees and being decentralized? of course Bitcoin is better. also paypal doesn't print money they just process and transfer it but Bitcoin doing everything on it's own.

Well, it is for paypal now has a pretty good performance. because they already have a company providing the best service, unlike the bitcoin. Although it does not have service companies that make the bitcoin became better, but right now it's a matter of profit for bitcoin is the most major and became King of all currencies. Because paypal, just relying on the money there and also rate each country. While the bitcoin doesn't have become dependable, bitcoin just flows in accordance with market conditions
 
but i think after introduction of bitcoin the value of paypal is now decreasing and the reason can be that paypal is regional and not universal, whereas bitcoin is universal currency and is available everywhere in the world.
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April 17, 2017, 12:29:59 AM
 #1992

I was a paypal user in the past when i was still a gamer, I sell items, gold and even character using paypal but my addiction to online games was ended so now i changed my hobby from online games to online gambling and i used to play to gambling casino where i won't need to use my credit card so my Option for that is to use Bitcoin. What i mean is there is no best in bitcoin or paypal , both are good depending in where and what you are going to use it for.


For using the money in gambling most of the site apart from the btc gambling site. Most of them supports to pay via debit, credit card and paypal in high numbers. I support to bitcoin due to its potential and less fees when compare with the Paypal. Moreover Paypal was doing scam attempts via email. but bitcoin never. Please aware of scammers around you and use bitcoin.

i think paypal not support use to playing in gambling site
maybe only england country with regulated can use paypal in gambling site
and only one gambling site support paypal, in williamhill

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April 17, 2017, 08:13:05 AM
 #1993

I was a paypal user in the past when i was still a gamer, I sell items, gold and even character using paypal but my addiction to online games was ended so now i changed my hobby from online games to online gambling and i used to play to gambling casino where i won't need to use my credit card so my Option for that is to use Bitcoin. What i mean is there is no best in bitcoin or paypal , both are good depending in where and what you are going to use it for.


For using the money in gambling most of the site apart from the btc gambling site. Most of them supports to pay via debit, credit card and paypal in high numbers. I support to bitcoin due to its potential and less fees when compare with the Paypal. Moreover Paypal was doing scam attempts via email. but bitcoin never. Please aware of scammers around you and use bitcoin.

i think paypal not support use to playing in gambling site
maybe only england country with regulated can use paypal in gambling site
and only one gambling site support paypal, in williamhill
but i think in some gambling sites they even accept paypal. i think in most of big store they were only accepted bitcoin, but now we can see tha tthey also accept bitcoin for payment, and i think people now find it more convenient to use bitcoin instead of paypal

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April 17, 2017, 08:33:11 AM
 #1994

For reliability and best performance? of course paypal is better, for low fees and being decentralized? of course Bitcoin is better. also paypal doesn't print money they just process and transfer it but Bitcoin doing everything on it's own.
It's upto the user of it to which they prefer. For US citizen ofcourse PayPal is better than Bitcoin because they don't have to exchange and easy to understand but I think here in East I would prefer Bitcoin instead of PayPal because withdraw amount is low and now I am use to of it..

And since we are in the bitcoin forum, of course most of us are going to go with bitcoin. Although there are times and transactions that we still need to use PayPal, I would say they are both good and I love to keep on using them. But right now, I want to stick first with bitcoin since, my client is at vacation and I don't have any freelance work for now.

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wahb
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April 17, 2017, 10:16:09 AM
 #1995

For reliability and best performance? of course paypal is better, for low fees and being decentralized? of course Bitcoin is better. also paypal doesn't print money they just process and transfer it but Bitcoin doing everything on it's own.
It's upto the user of it to which they prefer. For US citizen ofcourse PayPal is better than Bitcoin because they don't have to exchange and easy to understand but I think here in East I would prefer Bitcoin instead of PayPal because withdraw amount is low and now I am use to of it..

And since we are in the bitcoin forum, of course most of us are going to go with bitcoin. Although there are times and transactions that we still need to use PayPal, I would say they are both good and I love to keep on using them. But right now, I want to stick first with bitcoin since, my client is at vacation and I don't have any freelance work for now.
yes people are now going to change their payment method and they are giving preference to bitcoin, although bitcoin also have some minor problems, but still they consider bitcoin as more good than any other payment method.
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April 17, 2017, 10:47:35 AM
 #1996

For reliability and best performance? of course paypal is better, for low fees and being decentralized? of course Bitcoin is better. also paypal doesn't print money they just process and transfer it but Bitcoin doing everything on it's own.
It's upto the user of it to which they prefer. For US citizen ofcourse PayPal is better than Bitcoin because they don't have to exchange and easy to understand but I think here in East I would prefer Bitcoin instead of PayPal because withdraw amount is low and now I am use to of it..

And since we are in the bitcoin forum, of course most of us are going to go with bitcoin. Although there are times and transactions that we still need to use PayPal, I would say they are both good and I love to keep on using them. But right now, I want to stick first with bitcoin since, my client is at vacation and I don't have any freelance work for now.
yes people are now going to change their payment method and they are giving preference to bitcoin, although bitcoin also have some minor problems, but still they consider bitcoin as more good than any other payment method.
Yeah , no doubt the bitcoin is much more better then any other payment system like PayPal  .
But still here we should think that bitcoin is banned in few countries , so if we want make payment in those countries where bitcoin is banned then we need PayPal only and PayPal is also have no charge ( PayPal to PayPal)
So instead to say anything without use and trying it would be bad to categorize .
But here the main advantage in bitcoin is that payment are not reversible but in PayPal is reversible , so bitcoin preferred more than PayPal .
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April 17, 2017, 11:15:35 AM
 #1997

paypal can be chargeback in 180 days but bitcoin can not so paypal alaways risk bitcoin never so btc is better for all bro

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April 17, 2017, 11:29:56 AM
 #1998

paypal can be chargeback in 180 days but bitcoin can not so paypal alaways risk bitcoin never so btc is better for all bro
Yeah , bitcoin is not reverse support ( in that case if got confirmed ) but in the PayPal payments reverse thing is really a bad option for us .
Here if you will make any deals between any of of the person local or intereational through online sites ( use escrow or without escrow) then it may be possible that the sender can make reverse of his payment and results into loss for the reciever .
So bitcoin is really a worthful thing for us to make earning and deals online and no chance of scam like thing . And second thing we have no limit to use in any way and for any purpose like gambling .
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April 17, 2017, 12:03:10 PM
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paypal can be chargeback in 180 days but bitcoin can not so paypal alaways risk bitcoin never so btc is better for all bro

Paypal favors the sender as sender can claim back the money once send in 180 days. This is good is some cases but it can be exploited falsely by the sender if he has plans for the scam. So i will prefer bitcoin also.
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April 17, 2017, 12:32:32 PM
 #2000

paypal can be chargeback in 180 days but bitcoin can not so paypal alaways risk bitcoin never so btc is better for all bro

Paypal favors the sender as sender can claim back the money once send in 180 days. This is good is some cases but it can be exploited falsely by the sender if he has plans for the scam. So i will prefer bitcoin also.

People who knows bitcoins and who are using it will never prefer to use Paypal and the worst thing about Paypal is creating account is very time consuming and lengthy process and with bitcoin you can do it very easily and instantly.
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