Bank or Bitcoin Wallet? - page 122. | Bitcointalksearch.org

eddyubachs

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Quote from: 7Priest7 on April 08, 2016, 08:20:40 AM

Quote from: addy boy on October 04, 2015, 12:05:29 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.

i would choose bitcoin wallet because i don't really trust banks, because there are lots of stories when banks didn't give you your money, money that you store in banks, while nobody will stop you from using your money in bitcoin wallet, also storing bitcoins in wallet can give you lots of profit after bitcoin price rise

Banks pays you interest on regular interval, and in bitcoin you need to continuously make efforts to grow it, bitcoin wallets are safe no doubt about that, but banks are also necessary for day to day transactions.

7Priest7

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Quote from: addy boy on October 04, 2015, 12:05:29 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.

i would choose bitcoin wallet because i don't really trust banks, because there are lots of stories when banks didn't give you your money, money that you store in banks, while nobody will stop you from using your money in bitcoin wallet, also storing bitcoins in wallet can give you lots of profit after bitcoin price rise

CiaraB

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Quote from: VirosaGITS on October 04, 2015, 04:13:28 PM

If you want to hold currency for a long time, Bitcoin is probably better, since FIAT is subject to inflation and also can go up or down, just like BTC.
So what do you want to do with that currency? What is your goal? Because the proper answer depend on what you're trying to do.

It's good to have a currency tied to inflation as it keeps it stable.

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Quote from: crossabdd on April 08, 2016, 04:37:51 AM

at this time i need bank everyday/week but for bitcoin sometimes i need it 1time perweek/permonth. the user of bank is higher than bitcoin. so i recomended use bank

Both are needed regularly. Bitcoin as a evolving currency will be used by most people in the future. So getting into the wallet usage at present will make everything ease in the future.

Superways

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Quote from: addy boy on October 04, 2015, 12:05:29 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.

If banks started to work for bitcoin then those people who have doubt about it will get some satisfaction with it, but the rate for transactions will be increased to some height and people will then pay the same amount for their transactions as they are now paying for their transactions of fiat through banks and Western Union etc.

crossabdd

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at this time i need bank everyday/week but for bitcoin sometimes i need it 1time perweek/permonth. the user of bank is higher than bitcoin. so i recomended use bank

arwin100

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Jack of all trades 💯

Quote from: BitHodler on April 08, 2016, 03:54:32 AM

Quote from: hendra147 on April 08, 2016, 02:05:44 AM

bank : safe place to save money,low risk to get lost your money, less interest rate, big inflation rate, monthly administration fee, high fee for transfer to other country, but simple to use, No fee (same bank in 1country), no need 1 confirmation for each transaction, and everyone use local bank (in each country).
Bitcoin : safe place to save money, higher technology, low fee for each transaction, unstable price, need 1confirmation for each transaction, No interest rate, inflation rate unstable, no monthly administration fee.

Roll Eyes

both of them is good . im use both of them.

Both have their pros and cons, but there is really no point in choosing for one of the two options as we can't live without banks and the same time we also love Bitcoin.

I for example need a bank in order to deposit money to my trading exchange, and I also need the same bank when I cash out profits and receive the money in my bank account. Which is why I am glad that my bank doesn't bother me in my deposits and cashouts.

Thats the use of banks if no banks exist how can we cash out our bitcoin safely? Thats why i cant compare between bitcoin and bank they have different use to us at the same time. But mostly we work hard to earn more bitcoin so that we can earn money and that is were bank is need to do safe cash out to us.

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Quote from: hendra147 on April 08, 2016, 02:05:44 AM

bank : safe place to save money,low risk to get lost your money, less interest rate, big inflation rate, monthly administration fee, high fee for transfer to other country, but simple to use, No fee (same bank in 1country), no need 1 confirmation for each transaction, and everyone use local bank (in each country).
Bitcoin : safe place to save money, higher technology, low fee for each transaction, unstable price, need 1confirmation for each transaction, No interest rate, inflation rate unstable, no monthly administration fee.

Roll Eyes

both of them is good . im use both of them.

Both have their pros and cons, but there is really no point in choosing for one of the two options as we can't live without banks and the same time we also love Bitcoin.

I for example need a bank in order to deposit money to my trading exchange, and I also need the same bank when I cash out profits and receive the money in my bank account. Which is why I am glad that my bank doesn't bother me in my deposits and cashouts.

hendra147

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bank : safe place to save money,low risk to get lost your money, less interest rate, big inflation rate, monthly administration fee, high fee for transfer to other country, but simple to use, No fee (same bank in 1country), no need 1 confirmation for each transaction, and everyone use local bank (in each country).
Bitcoin : safe place to save money, higher technology, low fee for each transaction, unstable price, need 1confirmation for each transaction, No interest rate, inflation rate unstable, no monthly administration fee.

Roll Eyes

both of them is good . im use both of them.

Ryananda

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Quote from: CryingMidget on April 01, 2016, 11:33:44 AM

Quote from: lienfaye on April 01, 2016, 11:00:41 AM

I have both but when it comes to most convenient I'll go for uᴉoɔʇᴉq. I can do so many things with uᴉoɔʇᴉq and it help me in some ways. like sending money to my love ones for free without going outside. Its also easy to cashout direct to my bank account.

I prefer the wallet than the bank, the bank is quite troublesome to me, because I was someone with a personality that is happy to be in the house, so I prefer to use Bitcoin wallet than using bank...

Yes probably bitcoin wallet is perfect because it is very practical. We do not need to leave home and just sit in front of the screen we can get bitcoin. It was very easy and very practical.

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Quote from: avw1982 on March 28, 2016, 03:08:41 PM

Quote from: Nimbulan on March 28, 2016, 02:41:52 PM

i use both of them because i believe that bitcoin is a really safe way to hold your money into and its a good investment option

while bank wallet is a really great thing for fast checking out in shops or online shops

Not all people use bitcoin to send or receive payments. The number of people is very small comparing to number of people that use banks.
I think to use both of them, bitcoin mostly if you use it more often and bank for rare transaction. Sure as you expect bitcoin wallet will come to normal groceries as well.

Currently maybe, many of people use bitcoin as a venture investment and with bitcoin there are more limited transactions.

CryingMidget

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Quote from: lienfaye on April 01, 2016, 11:00:41 AM

I have both but when it comes to most convenient I'll go for uᴉoɔʇᴉq. I can do so many things with uᴉoɔʇᴉq and it help me in some ways. like sending money to my love ones for free without going outside. Its also easy to cashout direct to my bank account.

I prefer the wallet than the bank, the bank is quite troublesome to me, because I was someone with a personality that is happy to be in the house, so I prefer to use Bitcoin wallet than using bank...

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Coinbase + shift has been worlds better than any other solution for me, I will probably never bank again.

lienfaye

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I have both but when it comes to most convenient I'll go for bitcoin. I can do so many things with bitcoin and it help me in some ways. like sending money to my love ones for free without going outside. Its also easy to cashout direct to my bank account.

Corenin

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Quote from: nejibens on April 01, 2016, 10:32:57 AM

Quote from: rizkyhiw on March 31, 2016, 11:38:58 AM

Quote from: nejibens on March 31, 2016, 07:20:10 AM

I use bank and uᴉoɔʇᴉq wallet as well, because already we need both i think

nice choice,i also have to choice uᴉoɔʇᴉq wallet and bank account,but i dont need personal bank account,i can use my family bank account or my friend bank account,its easy to make permission.

Yes that's the best decision to owning both wallet and bank account so we can make our deals and trades without any issues

Yeah if we can take benefit from both of them then shy to choose only one? I think both of them have their unique features and both are important for an individual.

nejibens

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Quote from: rizkyhiw on March 31, 2016, 11:38:58 AM

Quote from: nejibens on March 31, 2016, 07:20:10 AM

I use bank and uᴉoɔʇᴉq wallet as well, because already we need both i think

nice choice,i also have to choice uᴉoɔʇᴉq wallet and bank account,but i dont need personal bank account,i can use my family bank account or my friend bank account,its easy to make permission.

Yes that's the best decision to owning both wallet and bank account so we can make our deals and trades without any issues

rizkyhiw

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Quote from: nejibens on March 31, 2016, 07:20:10 AM

I use bank and bitcoin wallet as well, because already we need both i think

nice choice,i also have to choice bitcoin wallet and bank account,but i dont need personal bank account,i can use my family bank account or my friend bank account,its easy to make permission.

pocarime32

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Quote from: Ubertroco on March 31, 2016, 09:03:47 AM

Bank. Wallet IS way too risky... even wallet paper. Bank will track everything but AT Least you have everyting documented.

Well, actually you are right about that. Both Bank and Bitcoin Wallet have their own advantage, Bank is more safer than bitcoin wallet, but bitcoin wallet is more easier to use for transaction, you only need internet.

RoommateAgreement

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Bazinga!

Quote from: Ubertroco on March 31, 2016, 09:03:47 AM

Bank. Wallet IS way too risky... even wallet paper. Bank will track everything but AT Least you have everyting documented.

what do you mean track everything and too risky?
as long as you are not doing anything against the law or trying to evade paying taxes you shouldn't worry about banks tracking things Cheesy

Ubertroco

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Bank. Wallet IS way too risky... even wallet paper. Bank will track everything but AT Least you have everyting documented.

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