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Topic: Bank or Bitcoin Wallet? - page 118. (Read 230520 times)

sr. member
Activity: 364
Merit: 250
May 04, 2016, 08:35:45 AM
As you can see now you see that the Bitcoin wallet is getting more popular and that is because there are now more users that is going to use Bitcoin and that is nice.
But the most people are also going to use Bitcoin as their payment method and also more people that is going to use the wallets and that is perfect.
hero member
Activity: 2912
Merit: 556
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May 04, 2016, 07:54:51 AM
i am prefer to choose bitcoin because i can manage by myself and i can spend it on everywhere (if the market of bitcoin is available) i want and its fast, secure, and cheap fee.
newbie
Activity: 22
Merit: 0
May 04, 2016, 07:02:01 AM
Bitcoin ofcourse.
hero member
Activity: 714
Merit: 500
May 04, 2016, 06:35:23 AM
Most of my investments are still in banks. My payroll account is also coming from a bank. Since my transactions are mostly done online, I find no reason to transfer everything in my BTC wallets. I'm keeping a few wallets to manage what little BTC I have at the moment, while banks are still crucial for my online transactions.
hero member
Activity: 546
Merit: 500
May 04, 2016, 06:33:51 AM
1.5BTC. I'll use it for trading and investing De
hero member
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Merit: 1000
May 04, 2016, 06:14:59 AM
I will choose both as both are important for me at a moment as banks takes care of my day to day transactions and bitcoin takes care of my online remittances.
member
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May 04, 2016, 06:11:22 AM
I use a mixture of both

The banks are still very useful when it comes to debt provision and debt management. There is currently no automated debt issuance functionality on the blockchain, so this is something that the banks still dominate and will probably continue to dominate for quite some time.

Bitcoin and other blockchain based technologies are useful for just about everything else.

So overall, a combination of both bitcoin and the traditional banking system works just fine for me, as they both have their strong points.
member
Activity: 63
Merit: 10
April 18, 2016, 05:15:58 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.

Hi addy boy,
 
BTC Wallet is off course best choice as it is decentralized. Banks are afraid of bitcoin because BTC is more easy to use and no one steal your information from you.
There are some banks who are considering using BTC in future. No doubt it will revolutionary step. Moreover these days banks are more stable option for people who don't know about BTC. Smiley

http://www.newsbtc.com/2016/03/07/bank-of-england-regulation-patience/

Thank you
CryptoJeweler
hero member
Activity: 756
Merit: 500
April 18, 2016, 04:33:20 PM
Bank is much more safer for me at a moment, as my savings are intact in it and even it gets scammed then banks will help me in recovering my money.
bitcoin wallet is best choice for the safety, that nobody can use your fund without your permission
and some of the bitcoin wallet offer the help for the recovery too, like Xapo. you can choose the service of escrow avoid being scammed. so you can try it for yourself eventually
hero member
Activity: 798
Merit: 1000
April 18, 2016, 04:21:06 PM
Bank is much more safer for me at a moment, as my savings are intact in it and even it gets scammed then banks will help me in recovering my money.
member
Activity: 60
Merit: 10
The swarm is headed towards us.
April 18, 2016, 03:26:32 PM
I mined some bitcoin in the past, I have spent some of the coins to buy the GPUs to mine the altcoin and convert to bitcoin. I can spend the money without using a bank.
member
Activity: 70
Merit: 10
April 18, 2016, 03:12:03 PM
I myself would not manage without a bank, but would be happy just using Bitcoins.
legendary
Activity: 3122
Merit: 1398
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April 18, 2016, 10:45:24 AM
Bitcoin wallet is getting more used now and that is nice and that is also because Bitcoin is now getting more used and that is nice for both, the world is getting modern.
The only thing that bad is from Bitcoin is that you never know what the value will be and sometimes you dont even know what to do with your Bitcoins.

Bitcoin wallet is getting more used today because you are in this forum and you will see many post about using bitcoin. Of course this is bitcointalk. But if you look in general, no the stats are not that boosting in a "high percentage" but it's growing a bit for sure on monthly basis.

And about the last statement of yours, no it's not bad. That is just normal.
hero member
Activity: 742
Merit: 500
April 18, 2016, 10:14:09 AM
Bitcoin wallet is getting more used now and that is nice and that is also because Bitcoin is now getting more used and that is nice for both, the world is getting modern.
The only thing that bad is from Bitcoin is that you never know what the value will be and sometimes you dont even know what to do with your Bitcoins.

I don't think that Bitcoin's wallets are used by people more than banking services nowadays, the most part of people worldwide don't even know the bitcoin's currency till now and still using banks mostly.
sr. member
Activity: 364
Merit: 250
April 18, 2016, 10:00:09 AM
Bitcoin wallet is getting more used now and that is nice and that is also because Bitcoin is now getting more used and that is nice for both, the world is getting modern.
The only thing that bad is from Bitcoin is that you never know what the value will be and sometimes you dont even know what to do with your Bitcoins.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
April 18, 2016, 09:42:11 AM
bitcoinwallet because you can put or convert your bitcion  into cash anytime  banks today is not safe

I think bank is more safe than bitcoin. Bank is really safety and stored your money safe, in the other hand, bitcoin wallet can get hacked by virus or something.

And you can't get back your bitcoin once it will hacked. Say goodbye forever to the lost coins due to stealing and hacking. In bank, you can get back your loss money because of user's terms and that is part of the law of World Bank.

And I just wondered why people here wants bitcoin to replace banks?? It's just a matter of safety? You are the one who will make your money safe. Don't interact it with bitcoin or banks.
legendary
Activity: 3234
Merit: 1214
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April 18, 2016, 09:25:02 AM
bitcoinwallet because you can put or convert your bitcion  into cash anytime  banks today is not safe

I think bank is more safe than bitcoin. Bank is really safety and stored your money safe, in the other hand, bitcoin wallet can get hacked by virus or something.

Above quote truly indicates the safety of bitcoin wallet. Bitcoin has the hacking issue but now the advancement has changed these issues. Both are required as bank is required to get our converted bitcoin amount.
sr. member
Activity: 420
Merit: 250
April 18, 2016, 07:27:01 AM
bitcoinwallet because you can put or convert your bitcion  into cash anytime  banks today is not safe

I think bank is more safe than bitcoin. Bank is really safety and stored your money safe, in the other hand, bitcoin wallet can get hacked by virus or something.
legendary
Activity: 1526
Merit: 1001
April 18, 2016, 07:21:28 AM
I would choose a bank because the bank gave me assurance. My bail is set by the government. when my government still recognizes and guarantees the bitcoin. if I were to choose the bank is a very wise choice.
sr. member
Activity: 630
Merit: 250
April 18, 2016, 07:19:02 AM
bitcoinwallet because you can put or convert your bitcion  into cash anytime  banks today is not safe
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