Paypal is growing faster than Bitcoin

[Amph]

Of course it's  growing faster: 99.9% of the online merchants accept it.

it would be more interesting to see how much paypal needed to reach this stage of awareness and how much was small at the beginning

but in the end paypal is not comparable with bitcoin directly, one is a payment system the other an escrow between two party

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[quentincole32]

We really can't compare paypal with bitcoin, bitcoin act as currency and paypal just act as a place to store currency.
Bitcoin has a fluctuating value and paypal hasn't. That's make people choose paypal rather than bitcoin, mostly  they afraid about bitcoin value moving up and down faster that strange for them.

[the_poet]

Of course it's  growing faster: 99.9% of the online merchants accept it.

it would be more interesting to see how much paypal needed to reach this stage of awareness and how much was small at the beginning

but in the end paypal is not comparable with bitcoin directly, one is a payment system the other an escrow between two party

PP offers buyer protection and it works, I experienced it firsthand.

[rajat08]

I think paypal will remain on top of bitcoin as long as people don't provide all services with bitcoin everywhere in world. Because of this people have to trade/exchange bitcoins with paypal or some other money.

[Jet Cash]

You have to wonder if all those "new" users are really new. One of Paypal's tricks in the past was to invent fictional breaches of therir terms to lock accounts. They were then moving their balances straight into their p&l account. I don't know if they are still doing this now that they are no longer owned by Ebay. What I do know is that I have been offered a free $10 for a domain name related action, and I won't use PayPal after they tried to scam me for $650. I have tried to give away that $10 to four people, and all have declined. One is another person that won't use PayPal, and the other declined because they don't trust Paypal (but still use it ? ).

[nydiacaskey01]

Paypal is already mainstream and I don't think we can compare Bitcoin to Paypal. Bitcoin can't compare head to head with it as well since Bitcoin have less merchants using it. If both are at same level that would be a nice comparison.

[Undermood]

You have to wonder if all those "new" users are really new. One of Paypal's tricks in the past was to invent fictional breaches of therir terms to lock accounts. They were then moving their balances straight into their p&l account. I don't know if they are still doing this now that they are no longer owned by Ebay. What I do know is that I have been offered a free $10 for a domain name related action, and I won't use PayPal after they tried to scam me for $650. I have tried to give away that $10 to four people, and all have declined. One is another person that won't use PayPal, and the other declined because they don't trust Paypal (but still use it ? ).

Yes, paypal has many ridiculous policies, has many limitation once found out, u
your account will be limited straightaway. Especially for merchants, many chargebacks take place. They have to accept it because it is popular by buyers. It is business risk that they have to take if they want to run it.

[ajun96]

I think paypal will remain on top of bitcoin as long as people don't provide all services with bitcoin everywhere in world. Because of this people have to trade/exchange bitcoins with paypal or some other money.

for at the moment perhaps indeed paypal above on bitcoin, but bitcoin spread very quickly on the Internet, since 2009
You will see 5 years, bitcoin above from paypal

[umaOuma]

I think paypal will remain on top of bitcoin as long as people don't provide all services with bitcoin everywhere in world. Because of this people have to trade/exchange bitcoins with paypal or some other money.

for at the moment perhaps indeed paypal above on bitcoin, but bitcoin spread very quickly on the Internet, since 2009
You will see 5 years, bitcoin above from paypal

Yeah and it is not a better option to compare paypal to bitcoin as paypal's market cap and customer base is more and bitcoin is new and at the other end, paypal is payment system and bitcoin is a currency, so I don't think this is a valid comparision, we will compare paypal to bitcoin after 5 years.

[kpitti]

You have to wonder if all those "new" users are really new. One of Paypal's tricks in the past was to invent fictional breaches of therir terms to lock accounts. They were then moving their balances straight into their p&l account. I don't know if they are still doing this now that they are no longer owned by Ebay. What I do know is that I have been offered a free $10 for a domain name related action, and I won't use PayPal after they tried to scam me for $650. I have tried to give away that $10 to four people, and all have declined. One is another person that won't use PayPal, and the other declined because they don't trust Paypal (but still use it ? ).

Yes, paypal has many ridiculous policies, has many limitation once found out, u
your account will be limited straightaway. Especially for merchants, many chargebacks take place. They have to accept it because it is popular by buyers. It is business risk that they have to take if they want to run it.

We can see on few examples from past that not best technology win always. It`s a marketing and wide acceptance of people which push popularity up.
I would wish that Bitcoin has similar power to show his best.

[sishendaoye]

It's hard to believe this is true.
A while ago I saw a screenshot where bitcoin already bypassed paypal. LIke it should, since bitcoin has more features for the average user.

[Zaragota95]

The number of users PayPal has isn't that much honest, For example I myself own more than 30 accounts in PayPal, Some were closed or limited, some I just forgot about and had no balance, BTC doesn't have that huge number but the few millions it has are active users and that can be demonstrated by the number of transactions (and total value).

[nerFohanzo]

It's hard to believe this is true.
A while ago I saw a screenshot where bitcoin already bypassed paypal. LIke it should, since bitcoin has more features for the average user.

Exactly, bitcoin is very transparent as compared to Paypal, Paypal involves a list of rules and regulations and it is also noticed that Paypal has lots of hidden charges which it imposed on their customers, So in short customers are being cheated by Paypal, on the other hand Bitcoin has no hidden charges and transactions are very cheap and instant, So people who are into bitcoins would surely never use Paypal.

[Imoote]

It's hard to believe this is true.
A while ago I saw a screenshot where bitcoin already bypassed paypal. LIke it should, since bitcoin has more features for the average user.

Exactly, bitcoin is very transparent as compared to Paypal, Paypal involves a list of rules and regulations and it is also noticed that Paypal has lots of hidden charges which it imposed on their customers, So in short customers are being cheated by Paypal, on the other hand Bitcoin has no hidden charges and transactions are very cheap and instant, So people who are into bitcoins would surely never use Paypal.

Yes bitcoin is very transparent and there are no hidden fees that are honest and fun. And really like what you said that in general bitcoin users do not use paypal but also there are some who are using both.

[azeminjo09]

Yea it is normal lol, since BTC price is unpredictable, and people feel save buying things via paypal

[OrangeII]

of course, today is better than bitcoin paypal so growth is also better paypal. Paypal also higher security system that makes a lot of people wear it so it grows faster

[bitlancr]

We really can't compare paypal with bitcoin, bitcoin act as currency and paypal just act as a place to store currency.
Bitcoin has a fluctuating value and paypal hasn't. That's make people choose paypal rather than bitcoin, mostly  they afraid about bitcoin value moving up and down faster that strange for them.

Exactly, paypal has been around for years and years. Paypal is a third party payment method, you are able to use paypal without giving out your info to a mechant. Bitcoin is a currency, you can't compare these too. Plus paypal has had more advertisement than bitcoin.

[newcoins1978]

I don't think you can really compare these two together.
There's a big difference between bitcoin and paypal.

[redsun114]

of course, today is better than bitcoin paypal so growth is also better paypal. Paypal also higher security system that makes a lot of people wear it so it grows faster

Paypal is secure but sometimes just too secure and hence people hesitate to deal in paypal, I think still bitcoins are far superior than Paypal.

[Farma]

Is it important ? I think as soon as any paypal growing, getting better even paypal is best remains bitcoin, because we are the bitcoin, so do not ignore the growth of paypal and stay focused with bitcoin because someday I am sure that the growth of bitcoin will be faster than the paypal and into the best