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Author Topic: PayPal receiving Bitcoin?!  (Read 6214 times)
erickkyut (OP)
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October 29, 2016, 03:18:48 AM
 #161

i have lot of problems while depositing money paypal because they didn't verified my email and pan card so I can't use my bank account for money transfer. But it would be a boon for me if PayPal accept bitcoin as a payment. and also it would be easy to add money to PayPal.

Paypal is very sensitive when it comes to information.
You need to be precise and accurate about the information they are asking. In like bitcoin, you can do it anonymously.
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October 29, 2016, 03:25:21 AM
 #162

i have lot of problems while depositing money paypal because they didn't verified my email and pan card so I can't use my bank account for money transfer. But it would be a boon for me if PayPal accept bitcoin as a payment. and also it would be easy to add money to PayPal.

Paypal is very sensitive when it comes to information.
You need to be precise and accurate about the information they are asking. In like bitcoin, you can do it anonymously.
Yeah,the thing about Paypal is that in a lot of cases you have to add a cart and verify your account that way and often times this is the only possibility to add money or via your bank account so it would be cool if you could deposit BTC and that way get funds to your paypal account.

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October 29, 2016, 08:12:45 AM
 #163

i have lot of problems while depositing money paypal because they didn't verified my email and pan card so I can't use my bank account for money transfer. But it would be a boon for me if PayPal accept bitcoin as a payment. and also it would be easy to add money to PayPal.

Paypal is very sensitive when it comes to information.
You need to be precise and accurate about the information they are asking. In like bitcoin, you can do it anonymously.
Yeah,the thing about Paypal is that in a lot of cases you have to add a cart and verify your account that way and often times this is the only possibility to add money or via your bank account so it would be cool if you could deposit BTC and that way get funds to your paypal account.

But paypal will make profit out of our deposits with bitcoin and they are going to make some conversion rate lower than the usual rates. So it would generate them a lot of profit so if this happens then that is what I am just thinking when paypal is receiving bitcoin. But still this is going to be a good news for all of us.

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October 29, 2016, 10:15:44 AM
 #164

i have lot of problems while depositing money paypal because they didn't verified my email and pan card so I can't use my bank account for money transfer. But it would be a boon for me if PayPal accept bitcoin as a payment. and also it would be easy to add money to PayPal.

Paypal is very sensitive when it comes to information.
You need to be precise and accurate about the information they are asking. In like bitcoin, you can do it anonymously.
so true . paypal registration process is more difficult and requires some verification. while bitcoin only require data such as when we make the e-mail. everyone can do it.
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October 29, 2016, 12:40:26 PM
 #165

PayPal is one different thing in its own genre and it's their decision whether to accept Bitcoins or not, but they are losing on something for which they will regret in the future...
And there is no reason for them not to accept it, it's just that their ego would get hurt if they do so, because there is nothing irreversible in Bitcoins... Tongue

erickkyut (OP)
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October 29, 2016, 01:13:47 PM
 #166

PayPal is one different thing in its own genre and it's their decision whether to accept Bitcoins or not, but they are losing on something for which they will regret in the future...
And there is no reason for them not to accept it, it's just that their ego would get hurt if they do so, because there is nothing irreversible in Bitcoins... Tongue

A +1 for that answer my friend Wink
Paypal is really losing something because they are not accepting bitcoin as a mode of payment. They will soon realize that they have a wrong decision about it but still, if they change their minds, they can still add bitcoin as a mode of payment t.
richardsNY
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October 29, 2016, 01:40:27 PM
 #167

PayPal is one different thing in its own genre and it's their decision whether to accept Bitcoins or not, but they are losing on something for which they will regret in the future...
And there is no reason for them not to accept it, it's just that their ego would get hurt if they do so, because there is nothing irreversible in Bitcoins... Tongue

Bitcoin is a threat to their entire business. Other than that, PayPal has a bank license which in itself will make it nearly impossible for them to incorporate Bitcoin beside all the hassle and legal settlements that they have to go through. Things aren't as easy as some people here like to think.
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October 29, 2016, 01:58:29 PM
 #168

PayPal is one different thing in its own genre and it's their decision whether to accept Bitcoins or not, but they are losing on something for which they will regret in the future...
And there is no reason for them not to accept it, it's just that their ego would get hurt if they do so, because there is nothing irreversible in Bitcoins... Tongue

Bitcoin is a threat to their entire business. Other than that, PayPal has a bank license which in itself will make it nearly impossible for them to incorporate Bitcoin beside all the hassle and legal settlements that they have to go through. Things aren't as easy as some people here like to think.

this is all true but it is only true right now.
in the future i am sure that this will all change and the very existence of processors like paypal would eventually depend on adopting bitcoin and making it as an option inside their systems in order to not be left behind.

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October 29, 2016, 02:33:26 PM
 #169

It would be boon for us if PayPal start accept bitcoin. I had PayPal account since January 2016 but i am not able to use my PayPal account because my email is not getting verified. So if the start to accepting bitcoin then it would be a great news for me.
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October 29, 2016, 02:43:05 PM
 #170

let's separate bitcoin and PayPal. Because if PayPal start accepting bitcoin then there might be problem like price fluctuation and its price would not be stable and buyer like me could suffer lot of losses. let both the service do not depend upon each other.
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October 29, 2016, 03:23:30 PM
 #171

It would be boon for us if PayPal start accept bitcoin. I had PayPal account since January 2016 but i am not able to use my PayPal account because my email is not getting verified. So if the start to accepting bitcoin then it would be a great news for me.
actually it is good news, because when it happens, maybe I will use paypal to put all bitcoin I had, and I'm sure a lot of people who would do that, and I'm also pretty sure that users will also use the paypal bitcoin
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October 30, 2016, 11:57:41 AM
 #172

It would be boon for us if PayPal start accept bitcoin. I had PayPal account since January 2016 but i am not able to use my PayPal account because my email is not getting verified. So if the start to accepting bitcoin then it would be a great news for me.
actually it is good news, because when it happens, maybe I will use paypal to put all bitcoin I had, and I'm sure a lot of people who would do that, and I'm also pretty sure that users will also use the paypal bitcoin

I hardly think so. Most bitcoin users hate Paypal because the payments are reversible. You don't want to lose funds after a couple of months because somebody from the past have disputed his payment and claimed that he was hacked or something. Paypal is a good payment method solely because almost every online store out there accepts Paypal as payment but not bitcoin.

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October 30, 2016, 12:09:26 PM
 #173

It would be boon for us if PayPal start accept bitcoin. I had PayPal account since January 2016 but i am not able to use my PayPal account because my email is not getting verified. So if the start to accepting bitcoin then it would be a great news for me.
actually it is good news, because when it happens, maybe I will use paypal to put all bitcoin I had, and I'm sure a lot of people who would do that, and I'm also pretty sure that users will also use the paypal bitcoin

Considering the trust rating of that company, yes many people in bitcoin community might use their service if ever it will be done. But I dont think they know that yet. Maybe someone could do some suggestion or some campaign that will let them know it could be good for their service. But the problem is the old user there. They might think it is a bad decision for paypal and take out their funds.

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October 30, 2016, 12:13:33 PM
 #174

PayPal have alread files Patent for Payment Device That Accepts Cryptocurrencies. Paypal is going with Modular Payment Module for accepting cryptocurrency payments.

As well as big payment processors like Visa, MasterCard, and American Express are showing interest in bitcoin for payment acceptance.
erickkyut (OP)
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October 31, 2016, 12:07:24 PM
 #175

PayPal have alread files Patent for Payment Device That Accepts Cryptocurrencies. Paypal is going with Modular Payment Module for accepting cryptocurrency payments.

As well as big payment processors like Visa, MasterCard, and American Express are showing interest in bitcoin for payment acceptance.

Wow!
That is good news for everybody Smiley
Not only PayPal but also big payment processor will accept Bitcoin Smiley
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October 31, 2016, 12:45:49 PM
 #176

Even PayPal knows a winning party when it sees one... if you can beat them, join them. That's precisely what PayPal is planning to do.
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October 31, 2016, 08:17:06 PM
 #177

Bitcoin is just their biggest concurrent ever. Why would they accept it, that would mean that they recognise it is valuable.
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October 31, 2016, 09:15:01 PM
 #178

Does this mean we can convert from paypal to direct BTC?
where we can find service like that?
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November 01, 2016, 01:43:40 AM
 #179

Even PayPal knows a winning party when it sees one... if you can beat them, join them. That's precisely what PayPal is planning to do.
If that is pay pal plan, they was make goid decision. If pay pal make a cooperation with bitcoin, pay pal was safe its position. Bitcoin is realy good thecnology that realy usefull in the future. So I think the most people in the world  will use bitcoin.

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November 01, 2016, 02:06:59 AM
 #180

Even PayPal knows a winning party when it sees one... if you can beat them, join them. That's precisely what PayPal is planning to do.
If that is pay pal plan, they was make goid decision. If pay pal make a cooperation with bitcoin, pay pal was safe its position. Bitcoin is realy good thecnology that realy usefull in the future. So I think the most people in the world  will use bitcoin.
Holy cow, PayPal just be able for planning trying making a partnership with the exchanges parties and this already utilized, and I told you if bitcoin will never becoming one of the payment processors in the PayPal. please, you can try for updating your dictionary dude, every day a news about bitcoin are there.

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