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Author Topic: paypal vs Bitcoin  (Read 15065 times)
intrader (OP)
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July 02, 2016, 06:37:04 AM
Last edit: July 02, 2016, 07:44:29 PM by intrader
 #1

Paypal (payment processor) and bitcoin (digital currency) who will stay longer on internet?
Also welcome to time travellers for answer.


NOTE:we focus on online payment system which will widely use by ecommerce websites.
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July 02, 2016, 06:53:12 AM
 #2

I feel paypal being a company will go away faster. bitcoin will be here to stay forever.
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July 02, 2016, 02:03:29 PM
 #3

We can't compare PayPal and Bitcoin. It is incorrect. PayPal just a company processing payments, bitcoin is a currency (besides a payment system).
PayPal could process bitcoin payments as well.
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July 02, 2016, 05:01:52 PM
 #4

Bitcoin. It is a currency, while paypal is just another company that provides a payment system.

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July 04, 2016, 01:50:12 PM
 #5

Bitcoin better
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July 04, 2016, 02:32:59 PM
 #6

i prefer to use bitcoin because bitcoin promises to be the most secure Payment method available, there is no database to leak or accounts to be hacked. However, PayPal is a common target of phishing emails which can be very sophisticated and easy to fall prey to. If your account is compromised, it will likely be sold on the black market to the highest bidder and worse could leak your bank account or credit card details.
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July 04, 2016, 03:07:16 PM
 #7

Bitcoin has lot more potential than paypal but paypal won't be dead at all.
It has great user base.



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LazurusBehold
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July 05, 2016, 12:16:39 AM
 #8

Bitcoin needs miners & Paypal doesn't just a centralised infrastructure.

So basically they are in the same league since Bitcoin is de-centralised & nobody owns the company.
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July 05, 2016, 08:32:20 AM
 #9

Since Bitcoin is not yet implemented in all forms of trade, and some countries doesnt even recognize this as a currency. I would say, as for now both of this methods of handling currency is incomparable. Maybe after sometime, specially once the inflation of the BTC after the halving. BTC as digital currency will be popular. Probably that's the time we can compare the feasibility of both.
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July 05, 2016, 08:49:50 AM
 #10

I perfer bitcoins over paypal
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July 05, 2016, 08:57:00 AM
 #11

I am currently using paypal  and i have no issues with it
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July 06, 2016, 10:50:04 PM
 #12

Paypal is  completely shit, don't compare this shit with bitcoin.
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July 06, 2016, 11:06:20 PM
 #13

Paypal is a business that won't probably last forever. Bitcoin is not a business, but rather a technology that could be much more long term if it succeeds. I would bet on bitcoin.

 
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July 18, 2016, 01:28:04 AM
 #14

Bitcoin !

Because trading Bitcoin for Paypal = Chargebacks while trading Bitcoin for Cash Trades or Deposits = Winning
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August 31, 2016, 04:01:51 AM
 #15

Paypal is populer processor payment in the world and many people and company used paypal for payment but now paypal become the bad payment because too many rules , and many company that used paypal was freeze , their fund is freez by paypal, paypal looks very stiff. and not make easy for user.

Bitcoin is the Virtual payment also , and many people knowing BTC , bitcoin is one way for payment, bitcoin give feel safe, soft , easy and fast transaction , No Need Verification ID, Keeped Secred ID,
 
I think Bitcoin is the Winner, The Economy will grow up if bitcoin use for Global Payment  Wink
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August 31, 2016, 04:26:00 AM
 #16

Like others said, oranges to apples here. It's like asking which will last longer, the Chase Bank or the USD dollar.
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August 31, 2016, 04:33:37 AM
 #17

iam choose bitcoin is compare batle with bitcoin
becuase paypal is easy can use not verified anonymous so very easy use bitcoin
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August 31, 2016, 04:35:37 AM
 #18

Paypal is populer processor payment in the world and many people and company used paypal for payment but now paypal become the bad payment because too many rules , and many company that used paypal was freeze , their fund is freez by paypal, paypal looks very stiff. and not make easy for user.

Bitcoin is the Virtual payment also , and many people knowing BTC , bitcoin is one way for payment, bitcoin give feel safe, soft , easy and fast transaction , No Need Verification ID, Keeped Secred ID,
 
I think Bitcoin is the Winner, The Economy will grow up if bitcoin use for Global Payment  Wink
i agree with you mate as popularity has conquer the web bitcoin will be use as a global payment same with paypal and i think most people in the web wanted to be more anonymous so they prefer btc to transact instead of paypal, my personal opinion mate. so bitcoin for me will be the winner.
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August 31, 2016, 06:12:58 AM
 #19

Bitcoin is a revolution in payment or monetary system. It's hard to do business with Paypal or even using Paypal. But with bitcoins its a lot easier and bitcoin is here to stay. Paypal has to follow all those rules and regulation which it's users will have to adjust to it and even make suffer a bit. You don't have that issue with bitcoin. In my humble opinion I think bitcoin is miles ahead that Paypal. Paypal does have it's own customers and users. But wait for another 2 to 3 years and we can get for confirmation on this. Bitcoin is here to stay, not sure about Paypal.

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August 31, 2016, 07:01:57 AM
 #20

Well I guess Bitcoin will be here longer, since it can't just be shut down by anyone. There could be a revolutionary new service  in a 100 years that will lower the profits of PayPal, and that could kill it.

Then again, who knows what the future will bring for atl coins. Maybe one will make Bitcoin so useless that people will stop mining it. Or lower it's popularity to the point that future generations don't care about it, and those who do slowly die.
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