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Author Topic: Paypal VS Bitcoin  (Read 2329 times)
hugeblack (OP)
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July 13, 2017, 01:14:08 AM
Last edit: December 01, 2017, 01:32:33 PM by hugeblack
 #1

if you have 5,000 gifts  and Asked to get it with

1) Paypal: Buy/Sell everything all over the world.

2) Bitcoin: your money will increase/ decrease in future.

which one will choose?

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ralf2018
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December 01, 2017, 11:20:16 AM
 #2

I think ,that PayPal will eventually adopt Bitcoin as a deposit method, first.Bitcoin isn't a legal entity, it can't be acquired by design. They could buy an individual exchange or start their own, or even corner the market giving them effective control, but this is unlikely. Bitcoins are currently too volatile to be a unit of exchange, and exchanging money is PayPal's business.Right now PayPal is free of competition, and they like it.
Lancusters
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December 01, 2017, 11:33:29 AM
 #3

I never used to dislike PayPal. Capitalization of bitcoin exceeded the capitalization of PayPal. At some stage they can work together. PayPal can ensure the safety of transactions with bitcoin. In return they will get a good income from bitcoin users. But then bitcoin goes his way and PayPal will cease to exist as an unnecessary link.
deadsilent
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December 01, 2017, 12:14:15 PM
 #4

That depends on your goal. If your goal is to make it grow. Then Bitcoin is a perfect for you since Bitcoin can grow instantly and you can even make it doubled. Paypal is a worldwide online payment system that supports online money transfers and works as an alternative to traditional paper methods. Anyway, Paypal is at NASDAQ and it's price is at $75. Way too far from Bitcoin which cost $10k a piece. It's pretty obvious that Bitcoin is the winner here. But Bitcoin and Paypal can be a perfect partner. Converting Bitcoin to fiat thru PayPal. But as of now, i have not heard any news about Paypal for a long time.
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December 01, 2017, 12:15:38 PM
 #5

if you have 5,000 gift  and Asked to get it with

1) Paypal
2) Bitcoin

which one will choose ?

Depends if you are a hodler then bitcoin. If you want to buy something and need fiat i guess you have to take the fiat.
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December 01, 2017, 12:37:29 PM
 #6

if you have 5,000 gift  and Asked to get it with

1) Paypal
2) Bitcoin

which one will choose ?
For me, I think I will go with Bitcoin because when we base it to account base system, making a Bitcoin account would be by far easier because it will be done within a minute or two or three, while PayPal needs to transact with a bank with many requirements that everyone might not have at them, right? So at the end Bitcoin account base system might be the answer.
kingragnar
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December 01, 2017, 01:25:00 PM
 #7

I prefer the bitcoin. Because the price of bitcoin increases as you do not expect and its price is now at 10,000 USD so people now enjoy bitcoin especially investors so bitcoin is better nowadays. The only advantage of bitcoin is in transact but is easy and low transaction fee. I just think.
Granxis
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December 01, 2017, 06:02:42 PM
 #8

I prefer the bitcoin. Because the price of bitcoin increases as you do not expect and its price is now at 10,000 USD so people now enjoy bitcoin especially investors so bitcoin is better nowadays. The only advantage of bitcoin is in transact but is easy and low transaction fee. I just think.
Bitcoin's investment and payment instrument is seen as a very obvious feature. But over time Bitcoin loses its ability to become a payment instrument, and PayPal can only take advantage of this feature.

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Kronos21
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December 01, 2017, 07:05:35 PM
 #9

I prefer the bitcoin. Because the price of bitcoin increases as you do not expect and its price is now at 10,000 USD so people now enjoy bitcoin especially investors so bitcoin is better nowadays. The only advantage of bitcoin is in transact but is easy and low transaction fee. I just think.
Bitcoin's investment and payment instrument is seen as a very obvious feature. But over time Bitcoin loses its ability to become a payment instrument, and PayPal can only take advantage of this feature.
Why bitcoin loses its properties as a means of payment? Do you mean that the majority of bitcoin users use it for investment purposes? Is this just happening now. When bitcoin will cease to increase its capitalization of its wildly rising prices will stop and people will use it as currency. All the time. Bitcoins still need to be upgraded for this.
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December 03, 2017, 11:00:52 PM
 #10

if you have 5,000 gifts  and Asked to get it with

1) Paypal: Buy/Sell everything all over the world.

2) Bitcoin: your money will increase/ decrease in future.

which one will choose?


I will choose bitcoin, because in bitcoin I can get more profit and my money in the future will increase.
And bitcoin can use also for online transactions (buy/sell) everything all over the world like paypal function.
Kingofbitcoin12345
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December 04, 2017, 06:10:12 AM
 #11

It would be a one sided answer from me,, I don’t know or exactly have made a PayPal account but I know that it is widely popular in the world as an online pocket.. So at this facts I literally go 100% to bitcoin or any cryptocurrency that is profitable and has the tendency to double its price in the future.. Maybe it’s a convenient choice and a practical one if we consider those things..

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btc_angela
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December 04, 2017, 06:27:08 AM
 #12

if you have 5,000 gifts  and Asked to get it with

1) Paypal: Buy/Sell everything all over the world.

2) Bitcoin: your money will increase/ decrease in future.

which one will choose?

I'm in for the long haul so I might choose Bitcoin. And as you can see demand is pretty high more than ever. I don't like paypal, only thing I used them is to just buy and used it as payment method. So the money is going out, as compare to bitcoin where there is a chance for your $5K to grow in the future. But I wouldn't surprise if someone chooses paypal, gift giving season is near, so paypal would be their logical choice to go to their shopping spree. But for individual who see's bitcoin as a opportunity to earn long term, then bitcoin would be their choice.

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December 04, 2017, 06:30:02 AM
 #13

If my government decide to ban bitcoin, I must figure how to convert my bitcoin into cash.
Paypal is the way , I can convert bitcoin into dollar in paypal so I can use it as usual.
They are complement things as they back up each other
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December 04, 2017, 09:31:18 AM
 #14

Choosing between paypal and bitcoin is a no brainer. Bitcoin is the fastest way to earn profit thru hodling or trading. Buying/selling in paypal takes time as you will have to wait for your orders to be sent while in bitcoin trading, it is as fast as one click of a mouse button. It is less risky to deal with the trading site(i think) than to trade with live customers. Also in paypal, you will encounter bad products, the only bad products in bitcoin/crypto are the sh!t coins you have bought but later found out that it doesn't have any value.
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December 04, 2017, 09:32:03 AM
 #15

if you have 5,000 gifts  and Asked to get it with

1) Paypal: Buy/Sell everything all over the world.

2) Bitcoin: your money will increase/ decrease in future.

which one will choose?

Bitcoin all the way, I've seen Paypal accounts going negative as far as for chargebacks for thousands of dolards.
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December 04, 2017, 12:00:41 PM
 #16

if you have 5,000 gifts  and Asked to get it with

1) Paypal: Buy/Sell everything all over the world.

2) Bitcoin: your money will increase/ decrease in future.

which one will choose?

I actually now using paypal because I don't buy things that I don't need and its more convenient for me to buy things personally so this mean I will go for bitcoin and hold it for good. I will surely invest for the future of my family, and I know choosing bitcoin is really a good choice.

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December 04, 2017, 02:10:41 PM
 #17

if you have 5,000 gifts  and Asked to get it with

1) Paypal: Buy/Sell everything all over the world.

2) Bitcoin: your money will increase/ decrease in future.

which one will choose?
Option No. 2 and im very 100% sure on that decision. In paypal you would only recieve it fixed but in bitcoin it do have the potential to increase even more. Theres always the risk on losing money but would really be worth it if you try to risk on the amounts that you can afford to lose it up.If it increases then you would able to maximize on the things that you do want to buy even more that you cant actually do when it was given by paypal form.
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December 04, 2017, 02:19:11 PM
 #18

I think ,that PayPal will eventually adopt Bitcoin as a deposit method, first.Bitcoin isn't a legal entity, it can't be acquired by design. They could buy an individual exchange or start their own, or even corner the market giving them effective control, but this is unlikely. Bitcoins are currently too volatile to be a unit of exchange, and exchanging money is PayPal's business. Right now PayPal is free of competition, and they like it.

I am sure that PayPal is already having some plans on how they can also be able to profit from the Bitcoin craze. Soon, PayPal users would be able to directly deposit Bitcoin into the platform just like what PerfectMoney is doing (if am not mistaken). Will it be possible that PayPal would instead issue its own coin? That may not be far-fetched idea though integrating with Bitcoin can be something what we can expect in the next few months...they can just be readying the infrastructure needed and looking for the right timing for such a launch. Though the market is now excited with Bitcoin, it could not be denied that PayPal still has a big command of the market and this has remained to be one of the most profitable online business there is. PayPal and Bitcoin can be good friends too.
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December 04, 2017, 03:56:52 PM
 #19

I think ,that PayPal will eventually adopt Bitcoin as a deposit method, first.Bitcoin isn't a legal entity, it can't be acquired by design. They could buy an individual exchange or start their own, or even corner the market giving them effective control, but this is unlikely. Bitcoins are currently too volatile to be a unit of exchange, and exchanging money is PayPal's business. Right now PayPal is free of competition, and they like it.

I am sure that PayPal is already having some plans on how they can also be able to profit from the Bitcoin craze. Soon, PayPal users would be able to directly deposit Bitcoin into the platform just like what PerfectMoney is doing (if am not mistaken). Will it be possible that PayPal would instead issue its own coin? That may not be far-fetched idea though integrating with Bitcoin can be something what we can expect in the next few months...they can just be readying the infrastructure needed and looking for the right timing for such a launch. Though the market is now excited with Bitcoin, it could not be denied that PayPal still has a big command of the market and this has remained to be one of the most profitable online business there is. PayPal and Bitcoin can be good friends too.
Such opportunities have long been offering Payza. It is a direct competitor to PayPal. But I don't see any growth in popularity. It seems to me that trade bitcoins now this is not true. Until the price of bitcoin will continue to grow. Users will keep the coins and trade for bitcoins is not profitable. Just not wanting to buy a product for bitcoins.
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December 04, 2017, 06:52:02 PM
 #20

bitcoin has progress so much compared to paypal the bitcoin will go far paypal can be associated with bitcoin in the future
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