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Author Topic: Is bitcoin better or paypal?  (Read 281168 times)
mriansa
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October 06, 2017, 02:19:38 PM
 #2501

Absolutely right with PayPal. But in my opinion which not everyone can agree with me, i more like bitcoin rather than PayPal. There is some reason about that. Such as about the fee transactions, and about we must do any verification with PayPal, but not in bitcoin.  Cool Cool Smiley


I agree with you, bitcoin is very special for all types of payments, but the more expensive bitcoin the more expensive the fee is given when the process of sending bitcoin, that's what I do not like.
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October 06, 2017, 02:27:55 PM
 #2502

both of them good, but i prefer bitcoin
paypal so high fee

Everyone knows both are very good but when it comes to government Bitcoin is not recognized or government till not accepted Bitcoin as a legal payment.
I hope Paypal is completed and established to each and every country, so, I think PayPal is better for the transaction but you are right their fees is very high.

I think paypal is just a bridge or wallet for our money in the world of internet or cyberspace, different from bitcoin, bitcoin is a digital currency and can grow and can be mine by buying RIG miner or become a miner, it is very bitcoin and paypal difference profitable, we can double our own money by mining and paypal can not. for bitcoin transactions on a very high fee it's a bitcoin weakness, so both have their respective weaknesses.
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October 06, 2017, 02:46:05 PM
 #2503

The bitcoin has a lot of advantages if you ask me so that is nice plus the fact is also that the bitcoin is much faster than paypal.
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October 06, 2017, 03:10:11 PM
 #2504

bitcoin is better . Bitcoin transaction is received and available for use within seconds or minutes while PayPal fund takes hours, days, weeks before you can have access to it. You can send btc from anywhere in the world to another receiver and is received almost immediately and can be accessed immediately and could be turned to fiat currency quickly.
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October 06, 2017, 03:34:53 PM
 #2505

I will say that both BTC and paypal are good but preferring one over the other depends on the type of transaction you are doing at the moment.  I mostly use them based on the particular need i have at the moment. So i will say that both of them serve its purpose.
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October 09, 2017, 05:17:33 PM
 #2506

There is no comparison in my opinion. Paypal has boundaries and not available in many countries but bitcoin is not like that.
I think this boundary shit even gives bitcoin an edge over paypal. You can easily make transactions without limit or paypal breathing down your neck based on transactions you have made. Payment made easy! I believe over time we will even see better days in making faster, smoother and less fee transaction when we start making use of the lightening network.
I agree with you. The bitcoins are a better option than the pay pal .This is because of a lot of reasons. The most important for them is that the transaction fee in case of the bitcoins is quite lesser than the pay pal method of transaction money.

Bitcoins being a decentralized money type is much better when it comes to have the money via international transfers.
I am amazed to see why people are comparing bitcoins with PayPal. They both are different and working in separate domains. How can one join them and start comparing who is better and who is not. PayPal is just a method of transactions and bitcoins are just a currency that doesn’t deal with transactions. There are separate exchanges that work for transactions of bitcoins.
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October 10, 2017, 03:26:09 PM
 #2507

I've also come across some services and platforms that aim to become a paypal but for cryptocurrencies. I mean when we are talking about general p2p transactions, there is no need for any intermediaries. We can securely and transparently send the money to the other person, almost immiediately. But when we want to get something from oridnary sites and places that don't accept bitcoin as a payment method, there are these paypal-like sites, that will take care of transaction and exchange to fiat for you. So you pay in bitcoins for stuff that are listed only for dollars. I think this is the best solution. Of course, the ideal future would be if every marketplace and website accepted bitcoins, but we have to wait for it couple of years I guess.
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October 10, 2017, 03:34:31 PM
 #2508

Absolutely right with PayPal. But in my opinion which not everyone can agree with me, i more like bitcoin rather than PayPal. There is some reason about that. Such as about the fee transactions, and about we must do any verification with PayPal, but not in bitcoin.  Cool Cool Smiley


I agree with you, bitcoin is very special for all types of payments, but the more expensive bitcoin the more expensive the fee is given when the process of sending bitcoin, that's what I do not like.
actually has many people who have become rich because bitcoin, but very rarely people become rich with paypal. well, paypal has been acknowledged almost by the whole world, but, bitcoin remains the top choice for a business

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October 10, 2017, 03:46:07 PM
 #2509

For me, bitcoin is better than paypal. Why? Because bitcoin even you can transfer this coin you can also earn it buy by just holding for a month. Its also like paypal because its very secure and there is no one accusing bitcoin so far and that's why I choose bitcoin.

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October 11, 2017, 07:19:41 PM
 #2510

Absolutely bitcoin is better than paypal, the problem is with the popularity, as we all know btc is not as popular as paypal, but if we compare the transparency, technology and safety lines, definitely bitcoin is much better than paypal.
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October 12, 2017, 01:05:09 AM
 #2511

Bitcoin is a much better option because, since it is decentralized you don't have any fear of any authorities -government or company- limiting/tampering with your account for any reason they deem fit.

Good luck and stay safe!  Tongue
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October 12, 2017, 01:47:30 AM
 #2512

Bitcoin is a much better option because, since it is decentralized you don't have any fear of any authorities -government or company- limiting/tampering with your account for any reason they deem fit.

Good luck and stay safe!  Tongue
In time we can see that it has already dominated the online world, I feel safer using bitcoin to transact as there is no third party involve
and I am sure my money is safer. We are growing and we are heading up so for sure big business with the same line of business will be affected.

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October 12, 2017, 01:49:57 AM
 #2513

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.

For me bitcoins is much better than paypal, because of them being decentralized, which means no government involves. And as an underage, it is great for us to easily access this, we also need this as a source of income or savings. Paypal needs a lot of requirements where it is pretty hard to have. Bitcoins can gave you privacy qith your identity and gives you the opportunity to have an investment while simply saving your money or in other words holding ypur bitcoins.
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October 12, 2017, 06:49:11 AM
 #2514

Bitcoin is better than Paypal in many ways. There's a lot of documents and they deduct too much when you withdraw.
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October 12, 2017, 06:55:22 AM
 #2515

Current Bitcoin
And its forking are better.

They can be upgraded to new feature.
Another better one:
Best community.
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October 12, 2017, 07:23:23 AM
 #2516

Bitcoin is better than Paypal in many ways. There's a lot of documents and they deduct too much when you withdraw.
Paypal is full of rules, Paypal users must have credit card to verify . Anyway,  if we already have credit card why we still need to use paypal. Bitcoin is more practical to use than any remittance service because it is fast, practicall, and the fee is lower. Bitcoin also become good investment because the price is keep increasing.
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October 14, 2017, 12:39:27 AM
 #2517

Bitcoin is better than Paypal in many ways. There's a lot of documents and they deduct too much when you withdraw.
Paypal is full of rules, Paypal users must have credit card to verify . Anyway,  if we already have credit card why we still need to use paypal. Bitcoin is more practical to use than any remittance service because it is fast, practicall, and the fee is lower. Bitcoin also become good investment because the price is keep increasing.
I  think paypal involves more service charge than bitcoin. We all know paypal needs to be linked to our bank accounts, whether its credit or debit. In every transaction, paypal has its own charge plus your bank’s service fee. As for my condition, the currency my country is in is not dollars, therefore I a conversion is involved and we all know that those charts are not stable. There are really times when you’ll pay more than past transactions.
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October 14, 2017, 06:05:10 PM
 #2518

Bitcoin is better than Paypal in many ways. There's a lot of documents and they deduct too much when you withdraw.
Paypal is full of rules, Paypal users must have credit card to verify . Anyway,  if we already have credit card why we still need to use paypal. Bitcoin is more practical to use than any remittance service because it is fast, practicall, and the fee is lower. Bitcoin also become good investment because the price is keep increasing.
I  think paypal involves more service charge than bitcoin. We all know paypal needs to be linked to our bank accounts, whether its credit or debit. In every transaction, paypal has its own charge plus your bank’s service fee. As for my condition, the currency my country is in is not dollars, therefore I a conversion is involved and we all know that those charts are not stable. There are really times when you’ll pay more than past transactions.

I used to use Paypal but then after realizing that they have ridiculous percentage for fees, I stopped using it. Bitcoin is a lot better than Paypal in this field. Bitcoin transactions are almost free. Paypal's transaction is in percentage so the more money you transact, the more fees you are going to pay. And to say that you have saved yourself from the ridiculous fees by having microtransactions, well you didn't because paypal's fee is a fixed amount of money + some percentage of the money you are transferring.

In addition to that, there are numerous reports that Paypal is freezing accounts for no reason. It is 180 days freeze, that's half a year. Plus, Paypal's dispute feature is being abused by scammers. You thought you have successfully received payment and so you sent the item. After a while, the guy disputes the transaction. You don't even have a protection against these scammers. Bitcoin basically saves you from all of this tragedy.

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October 14, 2017, 07:31:53 PM
 #2519

To simplify transaction, bitcoin better than paypal. But when i want to shop at amazon of course i use paypal. Bitcoin for me is the future savings.

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October 14, 2017, 08:39:51 PM
 #2520

To simplify transaction, bitcoin better than paypal. But when i want to shop at amazon of course i use paypal. Bitcoin for me is the future savings.
Now a days you can shopping via "Amazon" easily by bitcoin because there is a site where you can just paste the desire product and you can easily buy that product with bitcoin even with less time so i would recommend you a google search on google that how to buy a product via Amazon through bitcoin you will get a search on the top which you can use it to buy product from "Amazon".


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