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Question: Will Bitcoin overcome Paypal?
Yes
No
Maybe

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Author Topic: Will Bitcoin overcome Paypal?  (Read 79545 times)
BTCbengi
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December 08, 2017, 06:16:18 AM
 #1481

At present, the level of the two is so different when Bitcoin is growing and many people know it as the strongest currency in the world. On the other hand, Paypal is undergoing many criticisms, blaming for customer neglect and thousands of other hassles. So, I daresay that Bitcoin has outpaced Paypal for a long time and forever

kukuli
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December 10, 2017, 02:52:17 PM
 #1482

Paypal encompasses a use for the primary world that bitcoin most likely wont fully take over. we would take over the market cap. However they are going to most likely still exist.
tech72
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December 10, 2017, 02:56:46 PM
 #1483

Nope. Bitcoin and PayPal serve a different purpose as of today. Bitcoin is more like a "Store of Value", whereas PayPal is used mostly by people to buy cheap items ($1-$1000). Bitcoin fees for one transaction is too high for it to replace PayPal. Some other coin definitely will replace Bitcoin for daily transactions. It can be a coin either from PayPal itself or some other coin.

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NewBet
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December 10, 2017, 03:12:05 PM
 #1484

Bitcoin already has overcome PayPal. lol

It overcame it by a long, long shot a while ago. I think PayPal's market cap is under $100,000,000,000 and Bitcoin is way over that now.
mjnick01
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December 10, 2017, 03:13:24 PM
 #1485

Will Bitcoin overcome Paypal? Certainly for no hassle
such as transactional and discounted transactions
The time has come for bitcoin to be paypal
it is better because the withdrawers are easier
the wishes of everyone will be fulfilled
Dailyroberts
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December 10, 2017, 03:14:39 PM
 #1486

Nope. Bitcoin and PayPal serve a different purpose as of today. Bitcoin is more like a "Store of Value", whereas PayPal is used mostly by people to buy cheap items ($1-$1000). Bitcoin fees for one transaction is too high for it to replace PayPal. Some other coin definitely will replace Bitcoin for daily transactions. It can be a coin either from PayPal itself or some other coin.

One is a plane, the other one is a ship. They're totally different things, paypal is a centralized payment company only. Bitcoin is a decentralized and free community structure. Bitcoin won't overcome paypal since this is not its duty.
Darmanin
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December 10, 2017, 03:14:42 PM
 #1487

I never understood why bitcoin was still not on paypal, it seemed obvious to me
fuding12
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December 10, 2017, 03:37:28 PM
 #1488

Bitcoin's popularity has grown significantly in recent years. yes .. of course it will then trigger a comparison to the online payment system that has been a "king" of his e-payment, namely PayPal.
As a system that equally facilitates online transactions, PayPal and Bitcoin have similarities, but also some differences. But if compared more closely, of course Bitcoin superior in comparison paypal.
for example, bitcoin fee is lower / cheaper on paypal appeal.

I think not an impossible, that bitcoin will overcome paypal in the future.
Swopon
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December 10, 2017, 04:01:55 PM
 #1489

Voted for yes.And i am 100% sure that Bitcoin can easily overcome PayPal in online payments system.Bitcoin is very potential to be the best crypto.

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December 10, 2017, 11:49:46 PM
 #1490

At present, the level of the two is so different when Bitcoin is growing and many people know it as the strongest currency in the world. On the other hand, Paypal is undergoing many criticisms, blaming for customer neglect and thousands of other hassles. So, I daresay that Bitcoin has outpaced Paypal for a long time and forever
First of all, there are many business still trusted PayPal services and using it for their business. In my country, it is the main of payment method to help streamer or someone wants to create donate and receive money from worldwide.
Ponzi Shame
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December 12, 2017, 10:47:32 PM
 #1491

Of course bitcoin will eclipse paypal, paypal is not even close, we are talking about a currency here not some overrated payment system, bitcoin has the potential to replace some of the most powerful currencies that have ever existed, paypal is nothing compared to bitcoin.
Wilfrer
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December 12, 2017, 10:51:10 PM
 #1492

I think Bitcoin prices are becoming more expensive because of its limited quantity, no additional supply. In addition to increasing the human need for Bitcoin, what attracts them to it is the advantages it offers such as anonymity, decentralization, global trading, use internet, ... Finally, because its price is unstable, continuous rise and fall so many people are interested in the difference between each increase or decrease.

Paranuatu
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December 12, 2017, 10:55:48 PM
 #1493

At present, the level of the two is so different when Bitcoin is growing and many people know it as the strongest currency in the world. On the other hand, Paypal is undergoing many criticisms, blaming for customer neglect and thousands of other hassles. So, I daresay that Bitcoin has outpaced Paypal for a long time and forever
Bitcoin has no customer support whatsoever. If you make a mistake, if you are cheated buying something, zou are out of luck. And the fees are crazy.

I missed the BTC train Sad donate bitcents: BTC:1CWpbYGZVmC14zqLgNmnU8R8CbM9dbx4CY ETH:0x546A87681f70929634236Ad243AE4722A5CbDcC6
nelson4lov
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December 12, 2017, 11:05:36 PM
 #1494

At present, the level of the two is so different when Bitcoin is growing and many people know it as the strongest currency in the world. On the other hand, Paypal is undergoing many criticisms, blaming for customer neglect and thousands of other hassles. So, I daresay that Bitcoin has outpaced Paypal for a long time and forever
Bitcoin has no customer support whatsoever. If you make a mistake, if you are cheated buying something, zou are out of luck. And the fees are crazy.

Having no customer support is one of the pecks of decentralisation. If you're in crypto, It means you've agreed that you're in charge of your money and you should take responsibility for any carelessness that led to loss of funds. However, I do agree with you on the fees. If there's anything that might make people leave crypto, It's the ever increasing fees.

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Paranuatu
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December 12, 2017, 11:13:23 PM
 #1495

At present, the level of the two is so different when Bitcoin is growing and many people know it as the strongest currency in the world. On the other hand, Paypal is undergoing many criticisms, blaming for customer neglect and thousands of other hassles. So, I daresay that Bitcoin has outpaced Paypal for a long time and forever
Bitcoin has no customer support whatsoever. If you make a mistake, if you are cheated buying something, zou are out of luck. And the fees are crazy.

Having no customer support is one of the pecks of decentralisation. If you're in crypto, It means you've agreed that you're in charge of your money and you should take responsibility for any carelessness that led to loss of funds. However, I do agree with you on the fees. If there's anything that might make people leave crypto, It's the ever increasing fees.
most people arent coming into crypto for buying stuff anyway. People even discourage it. Dont buy a lambo, it might be worth three lambos in two weeks.

I missed the BTC train Sad donate bitcents: BTC:1CWpbYGZVmC14zqLgNmnU8R8CbM9dbx4CY ETH:0x546A87681f70929634236Ad243AE4722A5CbDcC6
KingOfWinterfell01
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December 12, 2017, 11:21:33 PM
 #1496

Do you think that sometime in the future, Bitcoin might overcome Paypal, as it scales in capacity and userbase over the years?

We already have the ability to create our own marketplace with OpenBazaar, that uses Bitcoin as its payment method, so it should be no surprise that the combination of these two may be a fierce competition for both eBay and Paypal.

Nevertheless, feel free to vote on the poll above and express your opinion about it, if desired.  Grin

I don't think so. People don't usually spend their bitcoins on something physical items. You remember what happened to the pizza guy right? He paid in BTC 10,000 for a few boxxes of pizza. That's what I think people taught about now. Digital money can never replace real money.

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December 12, 2017, 11:31:06 PM
 #1497

in some point somewhere in the future, I think bitcoin will overcome paypal, Paypay is a online payment and bitcoin has that capabilities also, I think with the continuing increase of bitcoin un the market, A time will come that bitcoin will surpass paypal.

mjM2017
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December 12, 2017, 11:37:42 PM
 #1498

The way it is rising it will be on Paypal in a number of days.. if not sooner!
wel24
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December 13, 2017, 01:06:48 AM
 #1499

My vote is yes..Bitcoin is very easy to use and also its value is great and anytime if you want to convert with your own fiat currency you can  it takes only a minutes or hrs if delay  but in paypal i think it takes some time to withdraw esp. Huge amount.Bitcoin for me is great to use as a  digital money.You can it also at many stores that will accept btc as payment.
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December 13, 2017, 01:12:07 AM
 #1500

I think at this current time bitcoin was already beat paypal in market capital. But still there are so many people using paypal until now maybe in near future bitcoin will overtake paypal.

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