richardsNY
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Activity: 1232
Merit: 1091
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May 29, 2017, 11:08:57 PM |
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I think only a few advantages if compared to bitcoin. Well, maybe paypal, is very popular in the general public so they prefer to use paypal instead of bitcoin. But I think it's just a matter of time until paypal is replaced with bitcoin.
Bitcoin will not replace PayPal, but more overtake it in terms of transferred transaction value. If you think logically, Bitcoin needs to function equally as well -- preferably better than PayPal is doing in order to convince people to hop over. PayPal offers buyer protection, free and instant transactions most of the times, a global reach, etc. From there it's basically pointless to hope for Bitcoin to replace PayPal. I add more value to PayPal at some point incorporating Bitcoin.
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wantjokull
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May 30, 2017, 12:04:21 AM |
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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.
I think this feature can only be used when there is involvement of goods and services. When you buying from service account or the front party is business or something like that then only you can claim as per my knowledge about PayPal. Otherwise everybody will start stealing money on P2P basis.
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Gumpfire
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May 30, 2017, 01:00:32 AM |
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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's true. Payment can be undone which is not good. System of paypal is not friendly for evry user as scam may occured if a user isn't smart and doesn't know how evertything what is the regulation in Paypal. Unlike in bitcoin, you don't have to make it as problem. You just need to send and it won't get canceled. You also don't have to read many terms so that you can make transactions.
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bitsmichel
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May 30, 2017, 01:34:51 AM |
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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's true. Payment can be undone which is not good. System of paypal is not friendly for evry user as scam may occured if a user isn't smart and doesn't know how evertything what is the regulation in Paypal. Unlike in bitcoin, you don't have to make it as problem. You just need to send and it won't get canceled. You also don't have to read many terms so that you can make transactions. Sending and receiving money via paypal is a time consuming process and even creating a account is hectic and need to go through lots of verification on the other hand with bitcoins you can do it instantly without wasting any time so for money transfers I think bitcoins is the best in compare to paypal.
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asyakashi
Sr. Member
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Activity: 1974
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Vave.com - Crypto Casino
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May 30, 2017, 04:14:54 PM |
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Both are a means of payment digitally, everyone is now familiar with bitcoin as a means of payment. Although paypal is still used but bitcoin is now more popular. I am more comfortable with bitcoin. BTCBTC
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goinmerry
Legendary
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May 30, 2017, 04:21:24 PM |
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Sending and receiving money via paypal is a time consuming process and even creating a account is hectic and need to go through lots of verification on the other hand with bitcoins you can do it instantly without wasting any time so for money transfers I think bitcoins is the best in compare to paypal.
Before maybe I will agree as transferring bitcoins are pretty instant and confirmation only takes minutes, bitcoin was way better compare to paypal. But with the slow confirmation today plus you need to pay for about $2 above per transfer, there is no different from the Paypal transactions. Transactions on Paypal only took minutes. My bank transfers especially my online banking is instant when I do transfers. In bitcoin transactions today, in some cases you need to wait for days. My last transaction costing $2 above transaction fees tooks 8-12 hours before it was confirmend. If this will continue then I see that only the value of bitcoin is the advantage of it over people using Paypal, anyhow no sense of comparing in the first place since Paypal is not a currency.
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Himanshu111
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May 30, 2017, 04:48:41 PM |
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Bitcoin is better than PayPal because of lower transaction fees and your trading information is 100 percent secure. Bitcoin is a very good alternative to paypal.
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laiducnam
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Activity: 56
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May 30, 2017, 04:51:07 PM |
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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
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Angel777
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Activity: 56
Merit: 0
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May 30, 2017, 05:39:38 PM |
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Bitcoin and paypal is important.Because earning money and saving bitcoin is good,people need to grow their BTC but through paypal to cash out the bitcoin.So they are both important.
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dasana212
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May 30, 2017, 06:40:49 PM |
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For me yes, bitcoin is better than paypal. Bitcoin is easier to use and can be used for profit in trade. In online shopping, I mostly use bitcoin rather than paypal.
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logicgate
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May 30, 2017, 06:48:37 PM |
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Bitcoin is better than PayPal because of lower transaction fees and your trading information is 100 percent secure. Bitcoin is a very good alternative to paypal.
i agree with you that bitcoin is much more better than paypal because bitcoin transaction fees is very much lower than paypal and i think bitcoin is very profitable currency and a lot of people adopting bitcoin for investment they buy bitcoin bitcoin with low price then hold it for high price.
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Michhotdog
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May 30, 2017, 07:19:18 PM |
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Bitcoin is better than PayPal because of lower transaction fees and your trading information is 100 percent secure. Bitcoin is a very good alternative to paypal.
i agree with you that bitcoin is much more better than paypal because bitcoin transaction fees is very much lower than paypal and i think bitcoin is very profitable currency and a lot of people adopting bitcoin for investment they buy bitcoin bitcoin with low price then hold it for high price. I think that my users will agree with me at all that Bitcoin works very well with PayPal and I do not see any problems in this. I myself now have questions in terms of using coins and real money in at the same time and for this I can join PayPal for today.
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Xavofat
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May 30, 2017, 07:53:03 PM |
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For small, casual transactions to fiat holders who aren't interested in anything else, PayPal will be better. However, for larger transactions Bitcoin would be an ideal choice.
I'd like to think that Bitcoin would be good for small casual transactions since that's what satoshi implied in the whitepaper, but it hasn't reached a state in which that's really possible.
When it's recognised more as an asset, the price will stabilise. Then we'll talk.
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Lancusters
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May 30, 2017, 10:46:03 PM |
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Lately I hear a lot of complaints on work PayPal. It may be better to pay attention to payza. They have now added bitcoin wallet and a convenient system of exchange bitcoin to Fiat and Vice versa. Think about it.
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ArnoldChippy
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May 30, 2017, 11:37:38 PM |
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Bitcoin and paypal is important.Because earning money and saving bitcoin is good,people need to grow their BTC but through paypal to cash out the bitcoin.So they are both important.
to me bitcoin is too much important, as i personally never use paypal, i just started using bitcoin for shopping and payment method which s more convenient for me, i will even like to use bitcoin for online shopping or anything else.
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Cosbycoin
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May 30, 2017, 11:49:20 PM |
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Bitcoin and paypal is important.Because earning money and saving bitcoin is good,people need to grow their BTC but through paypal to cash out the bitcoin.So they are both important.
to me bitcoin is too much important, as i personally never use paypal, i just started using bitcoin for shopping and payment method which s more convenient for me, i will even like to use bitcoin for online shopping or anything else. bitcoin is really very much important currency for everyone and nowadays people must using bitcoin for online transaction than paypal and i am also never use paypal when i need to buy something i just use bitcoin because i feel bitcoin is very much easy and simple to use and we do not need any requirements to use bitcoins.
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Jewell
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May 31, 2017, 12:54:54 PM |
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Bitcoin and paypal is important.Because earning money and saving bitcoin is good,people need to grow their BTC but through paypal to cash out the bitcoin.So they are both important.
to me bitcoin is too much important, as i personally never use paypal, i just started using bitcoin for shopping and payment method which s more convenient for me, i will even like to use bitcoin for online shopping or anything else. bitcoin is really very much important currency for everyone and nowadays people must using bitcoin for online transaction than paypal and i am also never use paypal when i need to buy something i just use bitcoin because i feel bitcoin is very much easy and simple to use and we do not need any requirements to use bitcoins. in fact the trend of new generation is now changing, they are now giving more importance to bitcoin as compare to paypal which is just a payment method, or any other altcoin, and the reason is that bitcoin is more convenient to be use, as now most of the online shops giving option to use bitcoin for payment method, therefore those people who were using paypal are now giving importance to bitcoin.
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bncbnc
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May 31, 2017, 01:23:14 PM |
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Bitcoin and paypal is important.Because earning money and saving bitcoin is good,people need to grow their BTC but through paypal to cash out the bitcoin.So they are both important.
to me bitcoin is too much important, as i personally never use paypal, i just started using bitcoin for shopping and payment method which s more convenient for me, i will even like to use bitcoin for online shopping or anything else. bitcoin is really very much important currency for everyone and nowadays people must using bitcoin for online transaction than paypal and i am also never use paypal when i need to buy something i just use bitcoin because i feel bitcoin is very much easy and simple to use and we do not need any requirements to use bitcoins. in fact the trend of new generation is now changing, they are now giving more importance to bitcoin as compare to paypal which is just a payment method, or any other altcoin, and the reason is that bitcoin is more convenient to be use, as now most of the online shops giving option to use bitcoin for payment method, therefore those people who were using paypal are now giving importance to bitcoin. although paypal is serving people for a long time, but still its service was limited to certain areas, for example in my area paypal service was not available. so when bitcoin introduce such people start using paypal for payment, and from there bitcoin become more and more popular to be use for payment for shopping online, and that is the reason that people are now giving more preference to bitcoin as compare to paypal for online payment.
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slaz26
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May 31, 2017, 07:17:47 PM |
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Bitcoin and paypal is important.Because earning money and saving bitcoin is good,people need to grow their BTC but through paypal to cash out the bitcoin.So they are both important.
to me bitcoin is too much important, as i personally never use paypal, i just started using bitcoin for shopping and payment method which s more convenient for me, i will even like to use bitcoin for online shopping or anything else. bitcoin is really very much important currency for everyone and nowadays people must using bitcoin for online transaction than paypal and i am also never use paypal when i need to buy something i just use bitcoin because i feel bitcoin is very much easy and simple to use and we do not need any requirements to use bitcoins. in fact the trend of new generation is now changing, they are now giving more importance to bitcoin as compare to paypal which is just a payment method, or any other altcoin, and the reason is that bitcoin is more convenient to be use, as now most of the online shops giving option to use bitcoin for payment method, therefore those people who were using paypal are now giving importance to bitcoin. although paypal is serving people for a long time, but still its service was limited to certain areas, for example in my area paypal service was not available. so when bitcoin introduce such people start using paypal for payment, and from there bitcoin become more and more popular to be use for payment for shopping online, and that is the reason that people are now giving more preference to bitcoin as compare to paypal for online payment. Bitcoin is not used so often to pay for purchases on the Internet as Paypal. In this, PayPal leads. And this is logical, because much less people know about bitcoin than about Fiat
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BluePoppy
Newbie
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Activity: 57
Merit: 0
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May 31, 2017, 10:37:25 PM |
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Right now paypal is much more useful than bitcoin is. most online stores accept paypal but bitcoin is not as widely accepted like paypal. in the future that may change. also bitcoin has a very slow transaction speed and high transaction fees. its not very convenient to use bitcoins to buy stuff right now.
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