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Author Topic: Is bitcoin better or paypal?  (Read 281173 times)
VTCutch
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April 28, 2017, 06:41:27 PM
 #2081

It all depends on what you use.
If centralized currency, then for you a service is created PayPal. But if you use Bitcoin, then PayPal is not needed.
Reid
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April 28, 2017, 06:46:55 PM
 #2082

Thank God Paypal have been doing some good decisions partnering with other companies which are related to other services that be withdrawn easily or else I wouldve been just letting it rot there.
We know exchanges thru Paypal to bitcoin have fees and some percentage and I dont like that.
It is like eating up the sum of all your money so it is perfect that they are advancing also.
I dont want to see them as versus but more like options.
MMA
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April 28, 2017, 08:59:22 PM
 #2083

i choose bitcoin than paypal, bitcoin is freedom in internet but i love paypal too, i use paypal since 2012 and receiving any payment with that before i know bitcoin in 2014.

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but in my areas we have only one option and that is bitcoin, as we do not have the facilities of using paypal in our area, as their service is not available  here, but thanks bitcoin that we can use for everything, i mostly use bitcoin for online shopping, and it can complete all my requirement, as i can buy anything online using bitcoin, i never face any problem while using bitcoin for online shopping.
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April 28, 2017, 09:20:42 PM
 #2084

Bitcoin is mother all of them Grin

Fireblade
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April 29, 2017, 11:14:56 PM
Last edit: May 01, 2017, 08:07:09 AM by Fireblade
 #2085

Of course that depends on what you plan to do with it.
PayPal is very widely accepted, which is a huge benefit, but they have quite high fees and their security system can be a nightmare.

BTC on the other hand is quick and has low fees, but can be complicated to convert if your country or currencies are not that big.
I agree with you . Paypal has a good security system today. We have to do some verification to be able to use paypal to shop. while bitcoin provides a security system that is slightly loggar, many people are using media bitcoin as a criminal act.
no doubt that paypal is secure system in present time but what about such area where paypal is not available. as in some some countries the service of  paypal is not available and therefore they cannot get benefit from that service therefore  to me i think in present time bitcoin is the best option as bitcoin is present in all over the world, as now bitcoin service as for payment method is already present in all big shops, you can use bitcoin for shopping any thing online.
Apened
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April 30, 2017, 12:23:55 AM
 #2086

Of course that depends on what you plan to do with it.
PayPal is very widely accepted, which is a huge benefit, but they have quite high fees and their security system can be a nightmare.

BTC on the other hand is quick and has low fees, but can be complicated to convert if your country or currencies are not that big.
I agree with you . Paypal has a good security system today. We have to do some verification to be able to use paypal to shop. while bitcoin provides a security system that is slightly loggar, many people are using media bitcoin as a criminal act.
no doubt that paypal is secure system in present time but what about such area where paypal is not available to me i think in present time bitcoin is the best option as bitcoin is present in all over the woorld.
Thats right. In terms of payments bitcoins definitely have an advantages over paypal .The process only of bitcoins which to have it on mode of payments in online will need to be implemented and approved in the system well in that case the sender will have a more secure identity if ever not needed in a site. But if needed the site only and the sender will knew it.
Sled
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April 30, 2017, 12:38:10 AM
 #2087

Of course that depends on what you plan to do with it.
PayPal is very widely accepted, which is a huge benefit, but they have quite high fees and their security system can be a nightmare.

BTC on the other hand is quick and has low fees, but can be complicated to convert if your country or currencies are not that big.
I agree with you . Paypal has a good security system today. We have to do some verification to be able to use paypal to shop. while bitcoin provides a security system that is slightly loggar, many people are using media bitcoin as a criminal act.
no doubt that paypal is secure system in present time but what about such area where paypal is not available to me i think in present time bitcoin is the best option as bitcoin is present in all over the woorld.
Thats right. In terms of payments bitcoins definitely have an advantages over paypal .The process only of bitcoins which to have it on mode of payments in online will need to be implemented and approved in the system well in that case the sender will have a more secure identity if ever not needed in a site. But if needed the site only and the sender will knew it.
Paypal is not good for people who want to save money because their fees is still higher than bitcoin while in bitcoin there is a lot of advantages like being anonymous and lower fees and also faster transaction because the bitcoin confirmation in the blockchain is just taking up to 30 mins based on my experience and i think that is a decent time frame for transactions.
SmokerFace
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May 01, 2017, 01:24:19 AM
 #2088

For me? Bitcoin is better than paypal because bitcoin has many benefits unlike paypal.
1. Easy and Fast to transact.
2. Bitcoin has no charge when sending money unless you withdrawed on the any bitcoin related site unlike paypal it has a big fees.
3. You can earn money alot and the value of BTC is rising even when you holding it you get a profit.
But the one that i don't like on bitcoin is the anonymity, if someone steals your bitcoins you cant trace it unlike paypal.
Paypal has a good benefits too but bitcoin is the best for me Wink
Victorycoin
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May 02, 2017, 07:09:53 PM
 #2089

Paypal segregates some part of the world, while Bitcoin embraces all and shines the light to all regions of the world. Paypal have closed so many businesses in the past by locking up their funds in the guise of fighting scams but failing to return same after documents were presented as requested by, thus confirming they are the original scammers.
phieiph
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May 02, 2017, 07:35:59 PM
 #2090

Paypal segregates some part of the world, while Bitcoin embraces all and shines the light to all regions of the world. Paypal have closed so many businesses in the past by locking up their funds in the guise of fighting scams but failing to return same after documents were presented as requested by, thus confirming they are the original scammers.
Is it possible their actions were directed at such purposes in order to earn some money by fraudulent means. I have nothing against the international payment system PayPal, Well, you already deleted too often began to talk about it negatively
richardsNY
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May 02, 2017, 08:05:11 PM
 #2091

For me? Bitcoin is better than paypal because bitcoin has many benefits unlike paypal.
1. Easy and Fast to transact.
2. Bitcoin has no charge when sending money unless you withdrawed on the any bitcoin related site unlike paypal it has a big fees.
3. You can earn money alot and the value of BTC is rising even when you holding it you get a profit.
But the one that i don't like on bitcoin is the anonymity, if someone steals your bitcoins you cant trace it unlike paypal.
Paypal has a good benefits too but bitcoin is the best for me Wink

Your points can easily be challenged.

1. PayPal transactions from your balance post instantly and are free in most cases.

2. PayPal doesn't have any fees if you transact with friends and relatives, etc. Also, if you transact with Bitcoin you are subject to miner fees. Sure, you can refrain from including any fees, but your transaction will likely not confirm as result.

3. It's pointless to compare Bitcoin in that way with PayPal since it is nothing more than a payment platform based on fiat.
farl2web
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May 02, 2017, 09:32:59 PM
 #2092

100% bitcoin is much better than paypal,

In paypal you have to disclose all you identitys and you have to give your identity proofs , in paypal transaction reverse is very famous to scam. and i personally saw paypal and the procedure of it is very bad. and their charges also heavy.

In bitcoin you dont have to disclose your identitys , you can just create a hardware or online web wallet and give your wallet address where ever you want to receive or pay the bitcoins. the transaction charges are also less. and more it is irreversible, and about converting to fiat currency their are so many exchanges where you can convert it one is like localbitcoins.com which is having so many user who are ready to buy or sell and do transaction through bank transfer.

But you have more protection using Paypal. You can reverse a payment if you are scammed by somebody else.
Recently, very often accusations have been heard towards the international payment systems PayPal. It happens so you will pay for the period of your stay at the hotel and even pay for the tickets for the plane, but problems like-as if no one will not meet everything goes very well and successfully.
Victorycoin
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May 06, 2017, 10:48:50 AM
 #2093

Paypal segregates some part of the world, while Bitcoin embraces all and shines the light to all regions of the world. Paypal have closed so many businesses in the past by locking up their funds in the guise of fighting scams but failing to return same after documents were presented as requested by, thus confirming they are the original scammers.
Is it possible their actions were directed at such purposes in order to earn some money by fraudulent means. I have nothing against the international payment system PayPal, Well, you already deleted too often began to talk about it negatively
I dont get what meaning you were trying to convey there, nevertheless, if you used to be active in pay-to-click programs - I was active in the past, you would have noticed a whole lot of programs that were grounded not because the owners meant to, but because Paypal locked their funds and refused to release them even after so members of the programs wrote to Paypal to release the funds. They seemed to be invisible back in the days, but thank goodness Bitcoin is now here and aint we beginning to see not just Paypal, but almost all other payment systems sitting up!
FLoving
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May 06, 2017, 12:48:02 PM
 #2094

everyone knows that bitcoins are better for lot reasons
can you please be more specific and explain those reasons? I know lots of good things about bitcoin and I like bitcoin. but other people also should know them. so if you thing bitcoin is better than paypal for lot of reasons than you must explain some of those reasons.
if you're about to using bitcoin then you already know what kind of specific bitcoin had. Im not agree with frompz bitcoin is will be for investments only and any kind of activity that it will involves bitcoin while paypal is far away from bitcoin.

PayPal is nothing more than a payment platform. It doesn't make any sense for people to mention the investment aspect of Bitcoin in a direct comparison. The only possible comparison between the 2 options will have to do with conducting payments in all sorts of forms, and nothing more. If you purely focus on that, it will give PayPal the advantage as it offers a better payment solution than Bitcoin right now.
Right now for me bitcoin is a very beneficial and better payment option while paypal have many many issues for the people while no one claim any issue about bitcoin. It is more convenient for the users of bitcoin to pay with bitcoin that is why they are not going back to paypal. I am also a fan of bitcoin and any place where paypal and bitcoin is option for me I choose bitcoin.
PancherBitCoin
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May 06, 2017, 02:31:14 PM
 #2095

everyone knows that bitcoins are better for lot reasons
can you please be more specific and explain those reasons? I know lots of good things about bitcoin and I like bitcoin. but other people also should know them. so if you thing bitcoin is better than paypal for lot of reasons than you must explain some of those reasons.
if you're about to using bitcoin then you already know what kind of specific bitcoin had. Im not agree with frompz bitcoin is will be for investments only and any kind of activity that it will involves bitcoin while paypal is far away from bitcoin.

PayPal is nothing more than a payment platform. It doesn't make any sense for people to mention the investment aspect of Bitcoin in a direct comparison. The only possible comparison between the 2 options will have to do with conducting payments in all sorts of forms, and nothing more. If you purely focus on that, it will give PayPal the advantage as it offers a better payment solution than Bitcoin right now.
Right now for me bitcoin is a very beneficial and better payment option while paypal have many many issues for the people while no one claim any issue about bitcoin. It is more convenient for the users of bitcoin to pay with bitcoin that is why they are not going back to paypal. I am also a fan of bitcoin and any place where paypal and bitcoin is option for me I choose bitcoin.
I agree that Bitcoin is very good for paying for different services and goods, but I do not consider it appropriate to spend my coins to date. The fact is that after a while I will be able to afford much more, so it's better to use what is, that is, PayPal.
dasana212
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May 06, 2017, 02:54:24 PM
 #2096

For me, bitcoin is better than paypal. In case of bitcoin transaction costs are more cost-effective, though when sending large amounts of bitcoin sometimes takes a long time to confirm.
amaral1977
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May 06, 2017, 03:09:01 PM
 #2097

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.

The charge back is true, but is not that easy when you send friends and family. I got scammed once. was a newbie sent paypal first as F&F and didnt get the BTC. claimed with paypal and they responded that it was my responsability to send via Friends and Family. So charge back is possible, but with F&F you have to claim a hack to the account and loose it.

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May 06, 2017, 03:25:20 PM
 #2098

For me, bitcoin is better than paypal. In case of bitcoin transaction costs are more cost-effective, though when sending large amounts of bitcoin sometimes takes a long time to confirm.
I completely agree with you. For me, not only transaction costs, but many more benefits have got after using this coin. PayPal is popular in every marketplace, ever freelancer will recommend this without an issue. But I love to connect Bitcoin.
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May 06, 2017, 04:01:25 PM
 #2099

In a word obviously bitcoin is better then paypal.

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May 06, 2017, 04:15:54 PM
 #2100

Both are good. I'm using both. Every of them have con and pro. For transaction both are useful but for investment, bitcoin is better.

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