gamblethis
Member
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Activity: 78
Merit: 10
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September 12, 2014, 11:32:21 AM |
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Biggest problem i see is their buyer guarantee. With bitcoins they can't go to credit card or bank and pull money back at a later date. If they do i see them using a escrow type service where it's held for so long or they make you have a account tied to normal types of their "confirmed" accounts.
I hope they accept one day. I just won't be holding my breath as they seem to like the spot they are in. With ebay/paypal they essentially have a monopoly owing full circle of transaction currently.
This is simply wrong. PayPal already allows withdrawals in cash. PayPal can only "pull money back" by removing it from your paypal account. Gambling sites always has an option like "But BTC thru Paypal" |
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hannscryo
Newbie
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Activity: 42
Merit: 0
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September 12, 2014, 03:49:55 PM |
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BTC > Paypal no chargeback , no limited accounts , no bullshits  Is the "no chargeback" an advantage in all cases, I don't think so. |
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lol3c
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September 12, 2014, 08:37:39 PM |
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I preffer BTC, no taxes, no chargeback, no shits all over the place.  |
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cookiemonsterwhat
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September 12, 2014, 08:38:54 PM |
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Paypal is everything opposite of bitcoin lol.
So bitcoin wins for everything that it doesnt provide, esp limitations of transactions.
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FUR11
Sr. Member
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Activity: 378
Merit: 250
FURring bitcoin up since 1762
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September 12, 2014, 10:06:19 PM |
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PayPal is no currency, it's only on top of some currency. It's like a Credit Card for the Web. Bitcoin is completely detached from any FIAT currency and can stand on its own. It's in those regards vastly superior to PayPal and Credit Cards!
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spidergoat
Member
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Activity: 103
Merit: 10
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September 13, 2014, 02:23:28 AM |
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You can use bitcoin without any documents while on paypal it is mandatory.
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williamj2543
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September 13, 2014, 02:26:48 AM |
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You can use bitcoin without any documents while on paypal it is mandatory.
Its not MANDATORY, but to load your account yes it is, and to verify as well. You can technically receive and send paypal balance with no paypal or bank account, I have a US paypal account with no CC or bank account to transfer from bitsimple, and I forward it to my real account with bank account. |
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spidergoat
Member
Offline
Activity: 103
Merit: 10
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September 13, 2014, 02:35:12 AM |
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You can use bitcoin without any documents while on paypal it is mandatory.
Its not MANDATORY, but to load your account yes it is, and to verify as well. You can technically receive and send paypal balance with no paypal or bank account, I have a US paypal account with no CC or bank account to transfer from bitsimple, and I forward it to my real account with bank account. I tried using paypal once I receive some funds paypal limited my account and I need to send my passport and IDs and tracking number even it is digital goods. |
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aljunking
Member
Offline
Activity: 67
Merit: 10
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September 16, 2014, 03:15:21 AM |
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You can use bitcoin without any documents while on paypal it is mandatory.
Its not MANDATORY, but to load your account yes it is, and to verify as well. You can technically receive and send paypal balance with no paypal or bank account, I have a US paypal account with no CC or bank account to transfer from bitsimple, and I forward it to my real account with bank account. I tried using paypal once I receive some funds paypal limited my account and I need to send my passport and IDs and tracking number even it is digital goods. When was this? i thought paypal and bitcoin is now ok? |
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crazyALT47
Newbie
Offline
Activity: 59
Merit: 0
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September 16, 2014, 05:11:30 AM |
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Biggest problem i see is their buyer guarantee. With bitcoins they can't go to credit card or bank and pull money back at a later date. If they do i see them using a escrow type service where it's held for so long or they make you have a account tied to normal types of their "confirmed" accounts.
I hope they accept one day. I just won't be holding my breath as they seem to like the spot they are in. With ebay/paypal they essentially have a monopoly owing full circle of transaction currently.
This is simply wrong. PayPal already allows withdrawals in cash. PayPal can only "pull money back" by removing it from your paypal account. Paypal can also withdraw money from your bank account or take legal action against you to recover money from you if they wish to take the money back |
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angelakay124
Full Member
Offline
Activity: 126
Merit: 100
Crypto-Games.net: DICE, BLACKJACK and SLOT
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September 16, 2014, 06:55:53 AM |
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Bitcoin > Paypal
Bitcoin is like cash you are holding in your hand. Paypal is like a credit card. Paypal can hold or freeze your account anytime they like.
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giveBTCpls
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September 16, 2014, 04:25:50 PM |
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You can use bitcoin without any documents while on paypal it is mandatory.
Its not MANDATORY, but to load your account yes it is, and to verify as well. You can technically receive and send paypal balance with no paypal or bank account, I have a US paypal account with no CC or bank account to transfer from bitsimple, and I forward it to my real account with bank account. I tried using paypal once I receive some funds paypal limited my account and I need to send my passport and IDs and tracking number even it is digital goods. I have never been asked for ID and passport, or at least not scanning it or some creepy shit. What I was needed to do was to get my ass in the bank, check for new bank movements, check for the small transaction they send you (they send 2) then confirm these transactions to enable my account. So yeah, Bitcoin is much more anonymous, you dont need any of this shit. |
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niothor
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September 16, 2014, 04:31:02 PM |
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Bitcoin > Paypal
Bitcoin is like cash you are holding in your hand. Paypal is like a credit card. Paypal can hold or freeze your account anytime they like.
Bitcoin is a currency , Paypal is a service provider. That is the main difference. And please let me know how paypal acts as a CREDIT card. |
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arxwn
Newbie
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Activity: 56
Merit: 0
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September 16, 2014, 04:52:45 PM |
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BTC is a currency, a technology and the backbone.
Paypal is just it's retard cousin
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ChuckBuck
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September 16, 2014, 09:24:37 PM |
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Maybe Bitcoin and Paypal were destined to help eachother?  A marriage of sorts. Bitcoin would benefit greatly by this "One Touch" payment technology that Paypal's peddling, especially if users buy Bitcoin instead of using their bank/credit cards. |
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truehold3r
Member
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Activity: 70
Merit: 10
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September 16, 2014, 09:28:48 PM |
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I hope this will boost the price of bitcoin, now it's too much undervalued.
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eranbtc
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September 16, 2014, 11:42:00 PM |
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Your $ in Paypal is just information stored and guaranteed by Paypal; likewise, your BTC in Bitcoin is just information stored and guaranteed by the Bitcoin protocol.
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ajareselde
Legendary
Offline
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
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September 17, 2014, 04:41:41 PM |
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Paypal is not available in many countries but bitcoin is available worldwide.
The struggle is real, both have its pro's and con's. It would be ideal if bitcoin would be hard fixed on a single price, and if it allowed for funds to be secured from theft (some sort of chargeback) Then it would be a real competition to paypal. |
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Zebra
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September 17, 2014, 04:56:24 PM |
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Paypal is not available in many countries but bitcoin is available worldwide.
The struggle is real, both have its pro's and con's. It would be ideal if bitcoin would be hard fixed on a single price, and if it allowed for funds to be secured from theft (some sort of chargeback) Then it would be a real competition to paypal. So you want to have a centralized organization to control the price and the flow of bitcoin? It sounds like the exact opposite of what bitcoin tries to achieve... |
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