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Topic: Bank or Bitcoin Wallet? - page 102. (Read 230523 times)

hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
June 29, 2016, 05:56:55 AM
Since i can't pay bills with my bitcoin wallet (yet), my bank account is the most important of these two. It would be good oif a party would be enable bankpayments by bitcoin.
hero member
Activity: 812
Merit: 500
June 29, 2016, 05:33:53 AM
what you will chose amomg them.and why do the banks are afraid of bitcoin.why banks are not much smooth and faster like bitcoin.if banks start accepting bitcoin as payments then will it became a revolutionary for us?can bank can solve our mining or money curculation probems.

I would chose USB bitcoin wallet, yesterday I revive it by post. And it really makes me feel that my bitcoins will be saved.
Banks afraid of bitcoin cause it's course changing every day, I would even say it is jumping everyday, and banks need something more stabile to work with. Suck thing as bitcoin is too risky for banks' activity. And if banks start to accept bitcoins that's really gonna be revolution for us bitcoin users. And I think this future when banks will work with crypto currencies is close.

Bitcoin structure does not supports bank. Bank is a place where we store currency and bitcoin wallets are already storing our coins . So for bitcoins the wallet is like a bank for them.
Currently people are trusting and using paper money so banks cannot be overcomed. As long as paper currency exists, the bank will remain to be exists.
sr. member
Activity: 294
Merit: 250
June 29, 2016, 04:14:47 AM
what you will chose amomg them.and why do the banks are afraid of bitcoin.why banks are not much smooth and faster like bitcoin.if banks start accepting bitcoin as payments then will it became a revolutionary for us?can bank can solve our mining or money curculation probems.

I would chose USB bitcoin wallet, yesterday I revive it by post. And it really makes me feel that my bitcoins will be saved.
Banks afraid of bitcoin cause it's course changing every day, I would even say it is jumping everyday, and banks need something more stabile to work with. Suck thing as bitcoin is too risky for banks' activity. And if banks start to accept bitcoins that's really gonna be revolution for us bitcoin users. And I think this future when banks will work with crypto currencies is close.
legendary
Activity: 2170
Merit: 1427
June 29, 2016, 04:08:36 AM
we hear very often that bitcoin wallet being hacked and btc gone...

If you take the right precautions, then your coins won't be stolen or hacked. It's very simple actually. 1- Don't store your coins in an online wallet service or exchanges, etc. 2- Secure your wallet files with a very strong passphrase. And on top of that you can also choose to encrypt the secured wallet file. If you do all this, then no one is able to get your coins.
hero member
Activity: 714
Merit: 500
June 29, 2016, 04:04:57 AM
Surely bank is the safest place for our money....we hear very often that bitcoin wallet being hacked and btc gone...then there is no way we can get our btc back...if some wallet scams then there is nothing we can do...
surely that bitcoin wallet is hard to hack, they give us a lot of protection that we can choose among them. but that can be hacked too
for bank still vulnerable that can be robbed on real life right? so nothing perfect in this world, but you can choose and trust one from that
Nothing is ever 100% secured. As long as there are those who attempt to take away what's not theirs rightfully, we are always at risk of losing something, either our money in the bank or bitcoin in our wallets. We just have to be vigilant and make necessary precautions to minimize these hack attempts.
hero member
Activity: 756
Merit: 500
June 29, 2016, 03:53:45 AM
Surely bank is the safest place for our money....we hear very often that bitcoin wallet being hacked and btc gone...then there is no way we can get our btc back...if some wallet scams then there is nothing we can do...
surely that bitcoin wallet is hard to hack, they give us a lot of protection that we can choose among them. but that can be hacked too
for bank still vulnerable that can be robbed on real life right? so nothing perfect in this world, but you can choose and trust one from that
full member
Activity: 196
Merit: 100
June 25, 2016, 12:38:37 PM
Surely bank is the safest place for our money....we hear very often that bitcoin wallet being hacked and btc gone...then there is no way we can get our btc back...if some wallet scams then there is nothing we can do...
sr. member
Activity: 812
Merit: 250
June 24, 2016, 07:05:44 AM
what you will chose amomg them.and why do the banks are afraid of bitcoin.why banks are not much smooth and faster like bitcoin.if banks start accepting bitcoin as payments then will it became a revolutionary for us?can bank can solve our mining or money curculation probems.
i would like both, and both are reliable for us we can cash our currency from bank easily ,and bitcoin wallet is investment for long term .
Yes absolutely right we will need both. We need to invest and save bitcoin BTC we collect, and we need the banks to save our money. So both are the same we need.
full member
Activity: 224
Merit: 100
June 22, 2016, 07:51:58 AM
what you will chose amomg them.and why do the banks are afraid of bitcoin.why banks are not much smooth and faster like bitcoin.if banks start accepting bitcoin as payments then will it became a revolutionary for us?can bank can solve our mining or money curculation probems.
i would like both, and both are reliable for us we can cash our currency from bank easily ,and bitcoin wallet is investment for long term .
sr. member
Activity: 812
Merit: 250
June 22, 2016, 07:40:15 AM
Bank or bitcoin wallet? It is depend on you where you are most likely memorize how to use it both, but for me i think bitcoin wallet. I think this is much more convinient.  Grin
If I think that bitcoin wallet bank and the same thing and I need both. I need to save bitcoin bitcoin I get and I need a bank to cash a bitcoin I collected earlier. I think both the same and have their respective positions and the advantages of each.
full member
Activity: 210
Merit: 100
June 19, 2016, 12:37:19 PM
Have both Smiley

I mainly use BitCoin. I get paid in BitCoin. I spend Bitcoin IRL.

BitCoin is my bank.
hero member
Activity: 980
Merit: 500
June 19, 2016, 12:30:28 PM
Bank or bitcoin wallet? It is depend on you where you are most likely memorize how to use it both, but for me i think bitcoin wallet. I think this is much more convinient.  Grin
legendary
Activity: 1204
Merit: 1028
June 19, 2016, 03:03:20 AM
Both are ok for me as they serve different purposes and cater to my needs. I need banks because of my payroll account and paying other stuff that bitcoin can't. Bitcoin has still a long way to go towards being generally accepted but is a nice investment option for those looking for alternatives to stocks and mutual funds.
Yes, exactly both works fine in their own place as both are equally important also they are totally different.
Bitcoin is independent and cant to be controlled where as bank is highly controlled by government.
Bitcoin is very flexible for online payments no doubt but you can't buy some of the services where you can only buy with fiats so both have very big difference and significance Smiley
hero member
Activity: 518
Merit: 500
June 17, 2016, 09:13:43 PM
Both are ok for me as they serve different purposes and cater to my needs. I need banks because of my payroll account and paying other stuff that bitcoin can't. Bitcoin has still a long way to go towards being generally accepted but is a nice investment option for those looking for alternatives to stocks and mutual funds.
legendary
Activity: 3360
Merit: 1035
Leading Crypto Sports Betting & Casino Platform
June 17, 2016, 09:00:32 PM
i would say btc wallet since btc value is more inline with my believe and am some how in control Smiley

Yeah, with bitcoin there is a chance of making an unexpected profit while it's sort of boring have a bank account with money in it since you know how much you'll get every year, which is very little.

With a bitcoin wallet, you're being your own bank.

Bank is financial institution.

Bitcoin is currency.

What is the sense of comparing price fluctuations in bitcoin to the price fluctuations in fiat?

Fiat is more used as a currency. Bitcoin is for investment. So it's obvious that bitcoin has an active fluctuation but for the usage it's lacking.

See the difference? Next time compare bank to bitcoin or bitcoin to bank when you have a strong point of comparison.
I think I agree with your opinions because bank and bitcoin have a different road. price fluctuation it's not stronger to be a strong point of comparison bitcoin and bank.
 
hero member
Activity: 560
Merit: 500
June 17, 2016, 08:52:16 PM
what you will chose amomg them.and why do the banks are afraid of bitcoin.why banks are not much smooth and faster like bitcoin.if banks start accepting bitcoin as payments then will it became a revolutionary for us?can bank can solve our mining or money curculation probems.
Bitcoin wallet. Is much better for. Cause You can ask to convert any currency..
newbie
Activity: 58
Merit: 0
June 17, 2016, 08:39:00 PM
bitcoin is better "investment", safe, biggest interest rate if the price rising, but if you buy at wrong rate you will be lost in "value" of your bitcoin.
sr. member
Activity: 434
Merit: 250
Young but I'm not that bold
June 16, 2016, 08:42:43 AM
I think money in the bank will be the choice for most people because it is less risky than bitcoin . while bitcoin price is not stable , one may make profit or loss in few hours which is not good for saving
hero member
Activity: 714
Merit: 500
SkyFall
June 16, 2016, 08:34:27 AM
in present time band i think in future it will be bitcoin wallet. because bitcoin is now changing the situation.

When it comes to security i feel more confident with my bank account, which is naive since the protection is done by myself, but still it worries me.
Same for usage. Bank account allows me to pay rent, bitcoin not (yet)
hero member
Activity: 952
Merit: 1000
June 16, 2016, 08:13:03 AM
Bitcoin wallet because of the fast transaction unlike banks that when you send some cheque they will hold for several days but in bitcoin when you send some bitcoin it will take up to 2 hrs to finished the confirmation.
Actually old faster shipping banks. Banks can transfer money between accounts could be in a matter of seconds. But bitcoin wallet superior in giving freedom to store bitcoin we got.

Bitcoin wallet allows us to control our own money and we can access it whenever  we want and there is no rules and regulations involved in using bitcoin.
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