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erickkyut (OP)
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July 22, 2016, 04:18:08 AM |
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Well 2 weeks ago my PayPal just got disable for sending/receive any money because I've done transaction for Bitcoin and they said PayPal can't be used for buy/sell Bitcoin and they unable my PayPal again after I did what they said. So from this discussion I don't think PayPal will accept bitcoin as payment.
That really happen? If thats the case then it would be impossible for bitcoin to be used as payment method as others said here on this thread. What other message you got from paypal dude? Why they know your transaction regarding your buying/selling bitcoin in that transaction? how do they know it? yeah how did they knew that you are using your Paypal account to buy and sell bitcoin? Unless someone told them that you are doing it. But some people on this forum said that Paypal is thinking of the possibility including bitcoin as a mode of payment. |
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Kotone
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July 22, 2016, 04:25:11 AM |
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May I know the reason why does Paypal do not accept bitcoin as payment and/or deposit?! I know that Bitcoin is known widely on the internet so Paypal should accept it as a mode of payment since their forte is through the internet. I hope that someday, PayPal will acknowledge Bitcoin and put it as one of the mode of payment in their site. It will be very convenient for us.
I think not for now, maybe they are fixing something or just they don't still want to add it. But for me, I think they are fixing a bug because that's a serious matter. They want to make it perfect, remove bugs and also to stop the hackers from bridging to the accounts. Maybe in the near future, they will add it and also other currencies as well. But for now, I think they need to make it perfect to lessen the bugs and glitches. |
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erickkyut (OP)
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July 22, 2016, 04:35:45 AM |
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May I know the reason why does Paypal do not accept bitcoin as payment and/or deposit?! I know that Bitcoin is known widely on the internet so Paypal should accept it as a mode of payment since their forte is through the internet. I hope that someday, PayPal will acknowledge Bitcoin and put it as one of the mode of payment in their site. It will be very convenient for us.
I think not for now, maybe they are fixing something or just they don't still want to add it. But for me, I think they are fixing a bug because that's a serious matter. They want to make it perfect, remove bugs and also to stop the hackers from bridging to the accounts. Maybe in the near future, they will add it and also other currencies as well. But for now, I think they need to make it perfect to lessen the bugs and glitches. where did you find out that they are fixing a bug? many of us are also hoping that Paypal will include bitcoin as a mode of payment and I think it will be much better if they will include other currencies as well just like what you said. but Paypal has been in the industry for so long but they did not include other currencies aside from the major one. |
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betohell
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July 22, 2016, 04:41:11 AM |
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yeah with the help Coinbase you can do bitcoin transactions and paypal more easily. yeah maybe more in the future there will be more who will work with bitcoin
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avikz
Legendary
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Activity: 3080
Merit: 1499
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July 22, 2016, 04:51:15 AM |
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Paypal is regulated by various laws of many countries. They have different rules for different countries. So it is very difficult for them to accommodate a currency which is not regulated by anyone.
So they can accommodate bitcoin for those countries where bitcoin is legal. There are very very few nations where it is legal so I think that is the main roadblock. However, you can always exchange your bitcoin in to paypal funds using exchanger service.
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ardentvolcanoes
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July 22, 2016, 04:56:53 AM |
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I only know that paypal is just accepting a credit that is based on fiat most of the it is based on dollar . And maybe in your country it is on local currency , I don't think that paypal would become like receiving bitcoin as payment method but I am open to the possiblity that it could be .
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pvaspecialist
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July 22, 2016, 06:13:12 AM |
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my experience with paypal is not trustworthy. long time transactions. sometimes not even complete.
That might be the case of fiat. Maybe everything will be different with bitcoin. must be case of fiat currency.bitcoin still have so much volatility no fiat currency gonna marge with bitcoin unless bitcoin market stable.bitcoin need to open more doors to enter fiat currency. |
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X-ray
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July 22, 2016, 06:31:02 AM |
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Well 2 weeks ago my PayPal just got disable for sending/receive any money because I've done transaction for Bitcoin and they said PayPal can't be used for buy/sell Bitcoin and they unable my PayPal again after I did what they said. So from this discussion I don't think PayPal will accept bitcoin as payment.
That really happen? If thats the case then it would be impossible for bitcoin to be used as payment method as others said here on this thread. What other message you got from paypal dude? Why they know your transaction regarding your buying/selling bitcoin in that transaction? how do they know it? maybe because he uses his paypal account to buy on few popular bitcoin sites,so paypal trying to get further details about the transaction which result a detailed information that he's done make transaction for bitcoin |
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abugseuf
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July 22, 2016, 09:12:01 AM |
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i have no personal experience about that. the reason is that i have never use paypal in my life time experience because it is banned in our country and no one can use it here.
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eternalgloom
Legendary
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Activity: 1792
Merit: 1283
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July 22, 2016, 09:17:53 AM |
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my experience with paypal is not trustworthy. long time transactions. sometimes not even complete.
WHat do you even mean by that? I've never had transaction 'not complete' with Paypal, though this may be different for merchants. I quite like Paypal, just easy to use and haven't had any issues with it. But I have heard some horror stories of merchants' funds being locked etc. |
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XERES
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July 22, 2016, 10:48:35 AM |
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Well 2 weeks ago my PayPal just got disable for sending/receive any money because I've done transaction for Bitcoin and they said PayPal can't be used for buy/sell Bitcoin and they unable my PayPal again after I did what they said. So from this discussion I don't think PayPal will accept bitcoin as payment.
That really happen? If thats the case then it would be impossible for bitcoin to be used as payment method as others said here on this thread. What other message you got from paypal dude? Why they know your transaction regarding your buying/selling bitcoin in that transaction? how do they know it? Yeah of course it really happened, that person used a name related to Bitcoin and PayPal caught it, and asking many questions then honestly I answer what's going on and because I give them the answer they give me a chance to open my account again. |
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Sidas_Crew669
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July 22, 2016, 11:03:53 AM |
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yeah with the help Coinbase you can do bitcoin transactions and paypal more easily. yeah maybe more in the future there will be more who will work with bitcoin
That's right, I also see that the coinbase is now providing assistance to those who use paypal can buy bitcoin. Perhaps this is one of the things that can be the catalyst for the progress of plant and bitcoin. This is the beginning of an outstanding and could facilitate the circulation of bitcoin. |
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hawkins
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July 22, 2016, 11:18:50 AM |
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well, if it's true, isn't it something good. paypal may already be able to see any aspect of the bitcoin excellence, be it in the payment or in the business world. Maybe this will make the price of the higher of the bitcoin before, but it's very clear will make the price of the bitcoin become higher than ever whether it's $ 800 or maybe more
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erickkyut (OP)
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July 23, 2016, 08:10:44 AM |
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well, if it's true, isn't it something good. paypal may already be able to see any aspect of the bitcoin excellence, be it in the payment or in the business world. Maybe this will make the price of the higher of the bitcoin before, but it's very clear will make the price of the bitcoin become higher than ever whether it's $ 800 or maybe more
maybe Paypal will have interest on putting bitcoin as one of their mode of payment when its value reached $1000 or higher. or when bitcoin has affiliated with the banks. many people are hoping that it can also be affiliated with banks. |
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yenxz
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July 23, 2016, 10:56:48 AM |
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I do not berfiki that would be like paypal accept bitcoin as a payment method because I just knew that only accept paypal credit based
on fiat largely based on the dollar . but I am open to the possiblity that it could be
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erickkyut (OP)
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July 24, 2016, 03:58:00 AM |
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I do not berfiki that would be like paypal accept bitcoin as a payment method because I just knew that only accept paypal credit based
on fiat largely based on the dollar . but I am open to the possiblity that it could be
yes bro. we can never tell what might happen in the future. maybe Paypal will recognize bitcoin someday and accept it as a payment method if the bitcoin will be well known to most of the people in the world or maybe if its price will reach more than $1000. |
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thebetsport
Member
Offline
Activity: 98
Merit: 10
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July 24, 2016, 04:05:52 AM |
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May I know the reason why does Paypal do not accept bitcoin as payment and/or deposit?! I know that Bitcoin is known widely on the internet so Paypal should accept it as a mode of payment since their forte is through the internet. I hope that someday, PayPal will acknowledge Bitcoin and put it as one of the mode of payment in their site. It will be very convenient for us.
you can exchange paypal to bitcoin is market placed exchanger support paypal is virwox another option you can find localbitcoins dot com but ia hope true paypal support technologi bitcoin same netteler is support deposit and withdraw with bitcoin |
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Xester
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July 24, 2016, 04:08:28 AM |
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the last news that i heard from paypal is they will integrate bitcoin with their payment gateway, but i am not really sure that i understand what is the meaning. maybe you can visit paypal homepage.
i think if paypal integrate with bitcoin, then it will be good news, we can maybe trace the transaction or we can know who is the name which buy our bitcoin or something like that.
I hate doing bitcoins and exchange it to PayPal funds. They are doing it already for a couple of months already but compared to normal wallet the fees converting to PayPal is much higher. So until the fee becomes the standard fee like blockchain does then I will use bitcoins and channel it through PayPal. But there is no need for me to do that anymore since we can convert directly our bitcoins to fiat currency through a third party site in our country. |
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iqlimasyadiqa
Legendary
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Activity: 1596
Merit: 1011
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July 24, 2016, 04:10:35 AM |
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PayPal isn't accepting bitcoin because average people would figure out PayPal fees are ridiculous in comparison to bitcoin. People would dump PayPal & use bitcoin exclusively.
Bitcoin is a major threat to PayPal in the long run.
but if both can cooperate, it would generate an exceptional service. paypal and bitcoin users will make one new service. This will be a great new media. I believe the use of digital money will be increasingly widespread use in the world. |
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jhenfelipe
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July 24, 2016, 04:45:39 AM |
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As what I have heard before, PayPal is considering of using Bitcoin to be one of their payment option but using third party companies. Maybe PayPal is just taking it slow since Bitcoin is not that known, no assurance of its legal status worldwide yet, and of course the price stability (price swings). Well, if it will be implemented by PayPal, I think there's no worries and it's an advantage for those who uses both PayPal and Bitcoin.
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