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Author Topic: Is bitcoin better or paypal?  (Read 281168 times)
Viviyang
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June 08, 2017, 07:17:36 AM
 #2261

PayPal is bullshit, it's not an investment, just a payment processor. I mean there 1$ remains 1$, no increase and no depreciation.
But in bitcoin, it's like investment, the value of your investment increases or decrease following the market trend.

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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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romero121
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June 08, 2017, 07:25:16 AM
 #2262

Bitcoin gives us opportunity to earn more than in paypal. But it is also advisable to paypal for all the dollar currencies.

PayPal is just a simple payment processor and others are treating it as their online bank especially those online earners or freelancers that are receiving their payment through it. In bitcoin, it's not just a currency and investment it's also a payment processor so it's an all in all coin for everyone.
PayPal serves as a multipurpose system that can be used all around in different forms. As mentioned most of the freelance workers prefer PayPal to receive payments. Also this serving to be the online banking system is true, because this is the one that made the international transactions and trading with ease. Bitcoin evolved for some reason and then got into several usage.
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June 08, 2017, 01:49:23 PM
 #2263

PayPal is bullshit, it's not an investment, just a payment processor. I mean there 1$ remains 1$, no increase and no depreciation.
But in bitcoin, it's like investment, the value of your investment increases or decrease following the market trend.

If your $1 remains $1 while receiving through the Paypal then I would say you are very fortunate. I live in a country where there are critical restrictions on the usage of Paypal. We can only accept payments with Paypal and that too by paying some fees and then the funds are automatically withdrawn in to the bank account associated with our Paypal account due to the regulations of the government.
killed
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June 08, 2017, 02:40:02 PM
 #2264

I am sure that currently bitcoin is really better than paypal, paypal never give big advantage for its user. But bitcoin, we can get it for free, and can give a good profit. In addition, bitcoin gives us many benefits and bitcoin is also anonymous and this is better than paypal.
Panda Trump
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June 08, 2017, 02:45:29 PM
 #2265

Okay, let me just explain my thoughts:

Paypal's advantages:
-Fast transactions
-Low fees for small transactions
-Lower risk on your money losing worth

Bitcoin's advantages:
-Anonymous
-Full control
-Possibility of your money growing alot
-Low fees for big transactions

Totally depends on your needs! I would prefer Bitcoin over Paypal, but a lot of people wouldn't and prefer to use Paypal... It's different for everybody Smiley

batang_bitcoin
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June 08, 2017, 09:04:33 PM
 #2266

Bitcoin gives us opportunity to earn more than in paypal. But it is also advisable to paypal for all the dollar currencies.

PayPal is just a simple payment processor and others are treating it as their online bank especially those online earners or freelancers that are receiving their payment through it. In bitcoin, it's not just a currency and investment it's also a payment processor so it's an all in all coin for everyone.
PayPal serves as a multipurpose system that can be used all around in different forms. As mentioned most of the freelance workers prefer PayPal to receive payments. Also this serving to be the online banking system is true, because this is the one that made the international transactions and trading with ease. Bitcoin evolved for some reason and then got into several usage.

It's also flexible as you had said. And companies prefer to use PayPal as they can send funds in any PayPal account throughout the world. It's also been trusted for a lot of years but the bad thing about it there's another platform that starts to shine and that is bitcoin. That feature of PayPal, bitcoin has that too.



 

 

 

 

 

 


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MCS23
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June 08, 2017, 10:11:46 PM
 #2267

To be honest with the Lord, I try to use the possibilities of the network to the maximum. The fact is that each industry and every resource, gives some advantages somewhere and in something. So you can use Bitcoin purses and an etherium purse, and also use PayPal or WebMoney for example. To date, I really want to try using PayPal and see its benefits. But so far I have nothing to say about it yet.
ModGirl
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June 08, 2017, 11:06:14 PM
 #2268

Okay, let me just explain my thoughts:

Paypal's advantages:
-Fast transactions
-Low fees for small transactions
-Lower risk on your money losing worth

Bitcoin's advantages:
-Anonymous
-Full control
-Possibility of your money growing alot
-Low fees for big transactions

Totally depends on your needs! I would prefer Bitcoin over Paypal, but a lot of people wouldn't and prefer to use Paypal... It's different for everybody Smiley
The other benefit of bitcin is that it is available for all the countries of the world while paypal do not provide their service to all of the countries of the world so it restrict the business of anyone to a limited number of countries if they use only paypal for their business. While bitcoin payment make a business worldwide.
guoyu78
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June 08, 2017, 11:16:35 PM
 #2269

Okay, let me just explain my thoughts:

Paypal's advantages:
-Fast transactions
-Low fees for small transactions
-Lower risk on your money losing worth

Bitcoin's advantages:
-Anonymous
-Full control
-Possibility of your money growing alot
-Low fees for big transactions

Totally depends on your needs! I would prefer Bitcoin over Paypal, but a lot of people wouldn't and prefer to use Paypal... It's different for everybody Smiley
The other benefit of bitcin is that it is available for all the countries of the world while paypal do not provide their service to all of the countries of the world so it restrict the business of anyone to a limited number of countries if they use only paypal for their business. While bitcoin payment make a business worldwide.
you are right that bitcoin is available in all over the world so we can easily use our bitcoin in anywhere for online transaction and Paypal is also do not available in my country and i can not use paypal in my country for online transaction. 
whizter
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June 08, 2017, 11:27:44 PM
Last edit: June 10, 2017, 01:47:29 AM by whizter
 #2270

Okay, let me just explain my thoughts:

Paypal's advantages:
-Fast transactions
-Low fees for small transactions
-Lower risk on your money losing worth

Bitcoin's advantages:
-Anonymous
-Full control
-Possibility of your money growing alot
-Low fees for big transactions

Totally depends on your needs! I would prefer Bitcoin over Paypal, but a lot of people wouldn't and prefer to use Paypal... It's different for everybody Smiley
The other benefit of bitcin is that it is available for all the countries of the world while paypal do not provide their service to all of the countries of the world so it restrict the business of anyone to a limited number of countries if they use only paypal for their business. While bitcoin payment make a business worldwide.
you are right that bitcoin is available in all over the world so we can easily use our bitcoin in anywhere for online transaction and Paypal is also do not available in my country and i can not use paypal in my country for online transaction.  
my vote will also go for bitcoin. in fact bitcoin is a universal currency and every one can use it without any restriction although it is not yet consider as legal currency by most of the countries but still people are using it throug out the world. bitcoin is now becoming more popular because bitcon is now also providing so may other facilities to the people, now people can even use it for shopping in local shops and hope that very soon all the people of the world  will start facilitating form that.

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June 09, 2017, 06:21:57 AM
 #2271

read this , may help you https://blockchain.info/fr/wallet/paypal-vs-bitcoin

personally i prefer BTCitcoin
Oh wow i just know there is such that page in blockchain.info  Cheesy .
Paypal have too much glitch , too much deficiency while bitcoin provide a better payment processor version.
It is clearly you have to choose bitcoin as it has an easy access for everyone , no bank account required etc!
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June 09, 2017, 04:09:42 PM
 #2272

And everyone who is struggling in this forum, i'm sure they prefer bitcoin rather than paypal. I haven't used paypal again as a payment processor, because bitcoin more efficient in my opinion.
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June 09, 2017, 04:56:08 PM
 #2273

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.
It will just happen if there is no note placed in transaction. But I agree, paypal is too complicated for its users unlike in bitcoin, there is no too much agreement which commonly limit everyone in doing/transacting what the desired.
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June 09, 2017, 10:50:33 PM
 #2274

Bitcoin is far better than paypals because bitcoin is a cryptocurrency and it being traded in exchanges therefore there is the tendency to trade bitcoin and make some profits unlike paypals, more so storing of bitcoins in a wallet is very easy and there is no need to undergo tedious ID verification like paypal. Finally, paypal is restricted in some countries which is a disadvantage unlike bitcoin which widely acceptable in most countries and it is gaining more acceptability in other countries too.

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June 13, 2017, 06:28:29 PM
 #2275

n
I will choose bitcoin because it allow me to use freely.Not like paypal which have limitation etc. But, I also use paypal where I can't use bitcoin.But, I like to use bitcoin rather than paypal.
There are lot of differences between bitcoin and Paypal, and one of this reason are paypal is not decentralized instead it is a centralized based system, then paypal cannot be trade in the market platform, aside from that it is not totally secured and
That's why bitcoin is still better than paypal.
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June 13, 2017, 07:15:39 PM
 #2276

For me yes, bitcoin is better than paypal. And even more practical, because bitcoin doesnt require credit card verification like paypal.
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June 13, 2017, 07:52:02 PM
 #2277

For me yes, bitcoin is better than paypal. And even more practical, because bitcoin doesnt require credit card verification like paypal.
For today I, for example, using all the possibilities of the financial world. I use both credit cards and PayPal and Bitcoin wallet, And from this no one is wrong. I do not think that Bitcoin has competitors in the face of PayPal.

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June 13, 2017, 08:04:13 PM
 #2278

They're totally different things. If you want 100% secure transactions protected and guaranteed, you chose paypal for peer-to-peer payments.
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June 13, 2017, 08:30:19 PM
 #2279

They're totally different things. If you want 100% secure transactions protected and guaranteed, you chose paypal for peer-to-peer payments.

PayPal offers security for the buying side, and not so much for the receiving/selling side. Other than that, PayPal is not a peer to peer payment system -- you at all times depend on the central authority that in this case is PayPal as platform. Bitcoin on the other hand offers a truly peer to peer payment solution. With Bitcoin the only entity that you rely on is yourself, and no one else -- that's why people like Bitcoin so much.
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June 13, 2017, 09:10:52 PM
 #2280

I am sure that currently bitcoin is really better than paypal, paypal never give big advantage for its user. But bitcoin, we can get it for free, and can give a good profit. In addition, bitcoin gives us many benefits and bitcoin is also anonymous and this is better than paypal.

You are right Bitcoin is much more better than PayPal. Bitcoin is a way of freedom for our payment system. Before that we were relying on paypal which was a restricted service and there were a lot of issues the users of paypal. But now we use Bitcoin and we are getting all the benefits of Bitcoins which paypal was lacking. With Bitcoin we are now having control on our own money which we use for our online uses.
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