Bank or Bitcoin Wallet? - page 109. | Bitcointalksearch.org

Monnt

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Quote from: dragonusa9 on May 28, 2016, 03:43:46 PM

Quote from: Chrismeister on May 28, 2016, 03:38:39 PM

Quote from: Bit1334271 on May 28, 2016, 03:32:11 PM

Quote from: ekoice on May 28, 2016, 01:53:58 PM

Of course bitcoin is the better option when it is compared with banks since its trasfer way is much faster and affordable than banks as well as it has more trading options than banks and even a low salary paid person can available the benefits from bitcoins.

Banks doing too much in developing countries for peoples and bitcoin need too much time for this just because of this in my view bank is still too good for many regions of world instead of this bitcoin

Bitcoin is better but developing it and the marketing is quite hard these days which means the price has some ups and downs but not a lot of new people are coming it.
Which is bad since we need more people using bitcoin for bitcoin to 'win'

i think that the changing price each days is the charm of the bitcoin sir, that nobody can predict the exactly number of price today
still that we need more people using bitcoin for win as you say though.

Precisely. What's great about bitcoin is not how stable it is, but how volatile it is at the moment. It has a tiny market cap of 8 billion at the moment, and a group buy/sell could severely help/hurt the price.

mightyghz

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At this moment bitcoin can not be used everywhere alone and it is necessity to remain also on banking system too.I will keep using both till Bitcoin will not be accepted and used widely.Then off course will stick only with Bitcoin.

Ryananda

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Quote from: Altynbekova on May 28, 2016, 04:10:07 PM

Quote from: pocarime32 on May 28, 2016, 12:04:25 PM

I choose bank for real life thing like saving money in the bank and i use bitcoin wallet for online thing like buying and paying something online.

Indeed this is a good option and I think the most are using it like this also right now because the bitcoin is still not big enough to let this happen for real life transactions.
I hope this will change in the upcoming years.

Yes still lacking adoption of bitcoin and still arguably the few people who know bitcoin, and I think bitcoin is not the time to make an online payment system in many shops in the world. Perhaps if many people are using bitcoin and many shops in the world that uses trensaksi with bitcoin will be able to make it happen, and banks remain in storing or managing money. I think both of them have no effect.

Altynbekova

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Quote from: pocarime32 on May 28, 2016, 12:04:25 PM

I choose bank for real life thing like saving money in the bank and i use bitcoin wallet for online thing like buying and paying something online.

Indeed this is a good option and I think the most are using it like this also right now because the bitcoin is still not big enough to let this happen for real life transactions.
I hope this will change in the upcoming years.

dragonusa9

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Quote from: Chrismeister on May 28, 2016, 03:38:39 PM

Quote from: Bit1334271 on May 28, 2016, 03:32:11 PM

Quote from: ekoice on May 28, 2016, 01:53:58 PM

Of course bitcoin is the better option when it is compared with banks since its trasfer way is much faster and affordable than banks as well as it has more trading options than banks and even a low salary paid person can available the benefits from bitcoins.

Banks doing too much in developing countries for peoples and bitcoin need too much time for this just because of this in my view bank is still too good for many regions of world instead of this bitcoin

Bitcoin is better but developing it and the marketing is quite hard these days which means the price has some ups and downs but not a lot of new people are coming it.
Which is bad since we need more people using bitcoin for bitcoin to 'win'

i think that the changing price each days is the charm of the bitcoin sir, that nobody can predict the exactly number of price today
still that we need more people using bitcoin for win as you say though.

Chrismeister

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Quote from: Bit1334271 on May 28, 2016, 03:32:11 PM

Quote from: ekoice on May 28, 2016, 01:53:58 PM

Of course bitcoin is the better option when it is compared with banks since its trasfer way is much faster and affordable than banks as well as it has more trading options than banks and even a low salary paid person can available the benefits from bitcoins.

Banks doing too much in developing countries for peoples and bitcoin need too much time for this just because of this in my view bank is still too good for many regions of world instead of this bitcoin

Bitcoin is better but developing it and the marketing is quite hard these days which means the price has some ups and downs but not a lot of new people are coming it.
Which is bad since we need more people using bitcoin for bitcoin to 'win'

Bit1334271

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Quote from: ekoice on May 28, 2016, 01:53:58 PM

Of course bitcoin is the better option when it is compared with banks since its trasfer way is much faster and affordable than banks as well as it has more trading options than banks and even a low salary paid person can available the benefits from bitcoins.

Banks doing too much in developing countries for peoples and bitcoin need too much time for this just because of this in my view bank is still too good for many regions of world instead of this bitcoin

vlight

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Main problem with using crypto currencies is that when the private keys are stolen there's really nothing you can about it. With a bank account you can at least be protected by a bank. However, banks can go bankrupt. So, both have their advantages and disadvantages, and the best way is to use both.

ekoice

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Of course bitcoin is the better option when it is compared with banks since its trasfer way is much faster and affordable than banks as well as it has more trading options than banks and even a low salary paid person can available the benefits from bitcoins.

crairezx20

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Quote from: pocarime32 on May 28, 2016, 12:04:25 PM

I choose bank for real life thing like saving money in the bank and i use bitcoin wallet for online thing like buying and paying something online.

Yeah for saving the best is to save your money into bank its more safier than bitcoin.. i just use bitcoin or payment purposes for online and use it in trading to increase the amount of my bitcoins.

pocarime32

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I choose bank for real life thing like saving money in the bank and i use bitcoin wallet for online thing like buying and paying something online.

Supercrypt

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Quote from: Kevin77 on May 24, 2016, 02:43:39 PM

Quote from: Ryananda on May 22, 2016, 02:07:32 AM

Quote from: BitcoinHodler on May 14, 2016, 11:22:38 AM

Quote from: gerXhonza on May 14, 2016, 10:08:00 AM

I will choose both as I need both of them, as if I need loan then only bank can help me getting loan from bitcoin is not convenient for me, I will use both of them according to my needs.

yeah, i will also choose both of them because both are needed.

although that would have been so good if there was a chance to have a bank and still use bitcoin like investing bitcoin as a deposit in bank for profit.

Yes true both are needed. We need to accommodate bitcoin bitcoin wallet that we collect, and we need banks to make bitcoin we collect into money and can be used. We still need both.

Yes the purpose of bank and bitcoin wallet differs. Because, due to lack of bitcoin adaption in many country we can not compare both of them and choose only one of them as per present situations. So, people's choice will desire to go whether to bitcoin or bank.

But, we must go for bitcoin for investment purpose and banks for other financial need.

If in your country you have all the facilities for bitcoin, then you must use bitcoin wallet as your bank. Yes, bitcoin will be investment for all the people around the globe but as bank for few country's people.

fkvidar

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Quote from: secone on May 28, 2016, 04:14:40 AM

Quote from: Betwrong on May 27, 2016, 03:36:13 AM

Most of us have both. Unfortunately we can't have only Bitcoin Wallet to serve all our needs nowadays. I know some people are having fun trying to live using a Bitcoin Wallet only and I also know that some of them succeed but if you have a family to care about that's impossible now.

at this momenth we need both of them, because we can't use bitcoin for each transaction, not all people know and use bitcoin.
now im use bitcoin as investment or payment processor if my relation accept it

We need both of them for sure, as bank is also taking care of us in many ways and now banks have also improved their services to survive in competitive world.

secone

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Quote from: Betwrong on May 27, 2016, 03:36:13 AM

Most of us have both. Unfortunately we can't have only Bitcoin Wallet to serve all our needs nowadays. I know some people are having fun trying to live using a Bitcoin Wallet only and I also know that some of them succeed but if you have a family to care about that's impossible now.

at this momenth we need both of them, because we can't use bitcoin for each transaction, not all people know and use bitcoin.
now im use bitcoin as investment or payment processor if my relation accept it

john2231

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For me i will choose banks for safety purposes so that my money are safe.. and i will choose bitcoin wallet to safe some money just to have a profit in the future.. also to use it in online stores..

Enotche

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I need to transfer money to one a friend, but I noticed that the validity of my credit card is over.And I sent to my friend Bitcoin, at night, without leaving home. Naturally Bitcoin is better than banks.

prtty2gal2

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Quote from: Whosdaddy on May 23, 2016, 03:10:20 AM

Quote from: BitcoinHodler on May 14, 2016, 11:22:38 AM

Quote from: gerXhonza on May 14, 2016, 10:08:00 AM

I will choose both as I need both of them, as if I need loan then only bank can help me getting loan from bitcoin is not convenient for me, I will use both of them according to my needs.

yeah, i will also choose both of them because both are needed.

although that would have been so good if there was a chance to have a bank and still use bitcoin like investing bitcoin as a deposit in bank for profit.

With bitcoin investments, you could be richer. Then there is no need of getting loan.
But as per present scenario, no one can choose only bitcoin wallet. But you must go more for bitcoin saving that will help us to eliminate any need of bank in future.

You are right. With some proper plan and good amount of savings in bitcoin anyone can become rich in future. With bitcoin wallet, we can enjoy all the offers of banking system except very few. This must be one of the reason we must choose now itself bitcoin wallet.

SuperCoinGuy

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Defender of Bitcoin

Personally I am using both because sometimes the circumstances favor one or the other more and I need to be able to switch from my bank account to my Bitcoin wallet and vice versa. I need my debit card for daily expenses and for purchasing goods and services where Bitcoin isn't accepted yet and sometimes I can find really good deals online that have great discounts if purchased with Bitcoin so I could take advantage of that and save money. In my honest opinion bank services and Bitcoin can co-exist because even though Bitcoin has better features we still need banks to do business every day as usual.

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Bank for running cost of daily life - Bitcoin for investment and long term hodl

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Quote from: Betwrong on May 27, 2016, 03:36:13 AM

Most of us have both. Unfortunately we can't have only Bitcoin Wallet to serve all our needs nowadays. I know some people are having fun trying to live using a Bitcoin Wallet only and I also know that some of them succeed but if you have a family to care about that's impossible now.

agree. Wallet could be for your own investment or trading it. Bank account could be for family use and some for groceries and other stuff that needed a fiat for payment.

Topic: Bank or Bitcoin Wallet? - page 109. (Read 230520 times)