And paypal is also going to be replaced by bitcoin it seems like in the coming few future paypal will feel like they do not have any need by the community and will end up or they will also adopt bitcoin like they will also start their bitcoin wallet.
Maybe, maybe not? What is the point of a bitcoin user using Paypal if he's going to use bitcoins anyway? Plus, surely Paypal will put tremendous transaction fee on that as well when you could have used your own bitcoin wallet and avoided huge transaction fee.
I really doubt that will happen because a lot of online merchants especially the legit and automated ones accept Paypal. Even though some people are using bitcoins, most of us are still using Paypal just because it's accepted in an online shop and bitcoin is not.
Bitcoin might replace Paypal but only by the time bitcoin goes mainstream. Otherwise, Paypal will continue to be the King.