Why everyone uses Bitcoin instead of paypal?

ristoriel

Elite Member

Jr. VIP

Aug 24, 2020

4,061

1,619

• Sep 3, 2020

• #1

l searched the threads in SMM marketplace
but they don't accept paypal payments
is it because paypal doesn't have a seller protection? or something?
anyone?

 

Followlix

Senior Member

Sep 6, 2018

907

1,059

• Sep 3, 2020

• #2

PayPal's TOS is against SMM Panels. (Edited cuz I made it sound confusing)

Bitcoin is amazing.

 

webhostingproviders

Elite Member

Aug 8, 2013

2,337

619

• Sep 3, 2020

• #3

Yes usually its all Terms and conditions game + paypal sometimes is very shitty

 

Carnaged

Supreme Member

Jr. VIP

Nov 7, 2017

1,243

1,432

• Sep 3, 2020

• #4

Not to mention PayPal can be tracked if illegal doings, and also PayPal in most countries count it as income=being taxed

 

GoGuerilla

Power Member

Oct 15, 2018

737

432

• Sep 3, 2020

• #5

PayPal doesn't just limit you anymore, which for most people using stealths was expected and you could withdraw after 6months. But they actually take your money.

 

sane120

Regular Member

Oct 4, 2013

262

101

• Sep 3, 2020

• #6

The question should be why still there are some people using Paypal, they are stealing your money in a legal way

 

I

IAMO

Newbie

Jul 1, 2020

15

3

• Sep 3, 2020

• #7

The problem is converting the bitcoin back to cash!!! still you get taxed same way like paypal

 

R

Ryder Macintosh

Newbie

Jan 29, 2020

23

4

• Sep 3, 2020

• #8

it is much more profitable to buy and sell cryptocurrency with PayPal instead of storing it in your wallet.

 

SagarVerma

BANNED

Mar 7, 2019

152

36

• Sep 3, 2020

• #9

BTC is anonymous.

 

Psh

Banned as member requested

Feb 7, 2017

2,528

4,324

• Sep 3, 2020

• #10

People will buy likes/followers/whatever and then pull a chargeback. Selling digital items/services on PayPal is like going out fishing without a rod and a fist up your a**. You won't catch any fish and your a** will hurt.

 

KingSMM

Junior Member

Jul 29, 2020

103

36

• Sep 3, 2020

• #11

Paypal creates payment difficulties in SMM panels. BTC is user friendly ...

 

J

jason3336

Banned - Shitlisted and never responded

Aug 26, 2020

42

21

• Sep 3, 2020

• #12

bitcoin is best and secure in paypal there is no protection for sellers

 

pavan

Elite Member

Mar 30, 2008

2,461

683

• Sep 3, 2020

• #13

Fees is high, conversion rates shitty, no seller protection and paypal can hold your funds anytime. Bitcoin is best alternative

 

IG Professor

BANNED

Feb 22, 2017

4,855

4,565

• Sep 3, 2020

• #14

It cause too many troubles for SMM panels to use paypal.

 

snorri

Newbie

Jun 26, 2014

37

52

• Sep 3, 2020

• #15

That's kinda sad that in 2020 people still think that btc is anonymous

 

SonOfBhw

Elite Member

Jan 3, 2018

1,561

3,085

• Sep 3, 2020

• #16

snorri said:

That's kinda sad that in 2020 people still think that btc is anonymous

Click to expand...

it is tho. It depends on your knowledge of security. Some people can be 100% anonymous with bitcoin and some people who have no idea of online security can't be secure just by using bitcoin.

 

Skorpionn

Registered Member

Jan 14, 2020

81

18

• Sep 3, 2020

• #17

paypal payments are reversible

 

alurosu

Elite Member

Premium Member

Jun 16, 2020

2,071

1,592

• Sep 3, 2020

• #18

Bitcoin or other cryptocurrencies can't be refunded or controlled by anyone.

 

alurosu

Elite Member

Premium Member

Jun 16, 2020

2,071

1,592

• Sep 3, 2020

• #19

snorri said:

That's kinda sad that in 2020 people still think that btc is anonymous

Click to expand...

You are right, any purchase can be traced back to you. There's XMR for anonymity and there will be zk-SNARK on ethereum.

 

Mr Positive

Elite Member

Executive VIP

Jr. VIP

Mar 30, 2018

11,912

13,953

• Sep 3, 2020

• #20

PayPal doesmt all smm and if you’re caught accepting for it boom account locked and no funds returned