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Topic: Bank or Bitcoin Wallet? - page 127. (Read 230520 times)

sr. member
Activity: 412
Merit: 251
March 22, 2016, 08:00:24 PM
Still wallet. I dont want those banks seeing what I have and using it for their own profit. I would rather use it for myself and control how I will make a profit. That way also I wont regret anything and I wont be telling anyone that it is their fault.
means you have to be ready with the possible risk that you will encounter. if you want to be a bank for your own. you have to be responsible for yourself, are you ready for it all?
I myself prefer the bank. they are responsible for and guarantees all their mistakes


Banks do take profit, but they also have a certain store of money saved to pay most people back. They are also covered by law, and what was the last time you have heard a bank has gone rogue in a 1st world country?
hero member
Activity: 532
Merit: 500
March 22, 2016, 07:19:55 PM
Still wallet. I dont want those banks seeing what I have and using it for their own profit. I would rather use it for myself and control how I will make a profit. That way also I wont regret anything and I wont be telling anyone that it is their fault.
means you have to be ready with the possible risk that you will encounter. if you want to be a bank for your own. you have to be responsible for yourself, are you ready for it all?
I myself prefer the bank. they are responsible for and guarantees all their mistakes
hero member
Activity: 778
Merit: 500
March 22, 2016, 06:41:20 PM
I would go for the bitcoin wallet because it has much more positive things in my opinion, think about the fact its much faster.
Another thing is that the bitcoin wallets is wat more secure and its self controllable.
hero member
Activity: 658
Merit: 500
March 22, 2016, 06:09:04 PM
bank lives in fees of transaction, bitcoin is not.... yet.
thats why bank feels bitcoin is a threat.

Who said that bitcoin is a threat for bank? And valid links or proof? That threat thing is just a man made speculation and now spread so other readers adapt that thinking as well.
I don't think bitcoin is a threat to the bank both are clearly different. bitcoin will not be able to make the banks disappear or unused. that there is no correlation whatsoever.
I thought you did not have to pay a fee. if you send money to banks that have the same provider mate
legendary
Activity: 854
Merit: 1000
March 22, 2016, 05:54:57 PM
Is comparison between bitcoin wallet and fiat bank or is it bitcoin wallet vs bitcoin bank? in former case I would prefer bank and in later case bitcoin wallet would be my pick
sr. member
Activity: 420
Merit: 250
March 22, 2016, 12:45:52 PM
I would go for the bitcoin wallets due to the points its easier to use and also better secured if you compare it with a bank.
Another fact is that its also faster ( a bitcoin wallet) and you can control your money, no one else is looking behind you.

I agree with you about bitcoin wallet, it's easy to use but i also pick bank. Because at bank you can get interest when you save your money in the bank, and bitcoin wallet don't have it.
hero member
Activity: 896
Merit: 1000
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March 22, 2016, 12:36:24 PM
I would go for the bitcoin wallets due to the points its easier to use and also better secured if you compare it with a bank.
Another fact is that its also faster ( a bitcoin wallet) and you can control your money, no one else is looking behind you.
legendary
Activity: 896
Merit: 1000
March 22, 2016, 12:25:21 PM
bank lives in fees of transaction, bitcoin is not.... yet.
thats why bank feels bitcoin is a threat.
both are good because it's necessary for our real life but for online transactions Bitcoin more good currently because fastest and low fees
but bank also good for secure our real money


Maybe in the future, employers will offer us to get paid in bitcoin, whether it be the full amount or just a certain percentage, to our discretion.

if major companies indeed offer their employees to get paid in bitcoin whether it's in full or partially, then a lot people still need to convert it back to fiat at some point as they have bills to pay. you can't pay your mortgage in bitcoin. you can't pay your health care and other insurances in bitcoin. if it was possible to pay bills in bitcoin, then more people will not convert it to fiat, then they will directly pay their bills with bitcoin.
member
Activity: 70
Merit: 10
March 22, 2016, 12:07:17 PM
bank lives in fees of transaction, bitcoin is not.... yet.
thats why bank feels bitcoin is a threat.
both are good because it's necessary for our real life but for online transactions Bitcoin more good currently because fastest and low fees
but bank also good for secure our real money


Maybe in the future, employers will offer us to get paid in bitcoin, whether it be the full amount or just a certain percentage, to our discretion.
legendary
Activity: 1946
Merit: 1137
March 22, 2016, 11:14:24 AM

you can just search google "bank threaten by bitcoin" you will see the result.
this is example of one, if you cant use google http://www.coindesk.com/british-banking-association-bitcoin-is-a-real-threat-to-banks/

FYI Coindesk is just made for article not a valid news source. Smiley Lazy to read the link since Im not used to read articles from coindesk. About the bank threaten by bitcoin that is an old story but definitely not a big deal as for me.

in my opinion Coindesk is more valid than most of the other news bitcoin sites, this may not be true always but it is much better that the rest of them.

@chaser15 banks are feeling threatened by bitcoin because bitcoin renders them useless, but this doesn't mean they are going to become obsolete. there is still good usages for them like loans,...
hero member
Activity: 1456
Merit: 567
March 22, 2016, 11:08:33 AM

you can just search google "bank threaten by bitcoin" you will see the result.
this is example of one, if you cant use google http://www.coindesk.com/british-banking-association-bitcoin-is-a-real-threat-to-banks/

FYI Coindesk is just made for article not a valid news source. Smiley Lazy to read the link since Im not used to read articles from coindesk. About the bank threaten by bitcoin that is an old story but definitely not a big deal as for me.
yeah, there's a source inside that coindesk article.
legendary
Activity: 2436
Merit: 1008
March 22, 2016, 11:03:52 AM

you can just search google "bank threaten by bitcoin" you will see the result.
this is example of one, if you cant use google http://www.coindesk.com/british-banking-association-bitcoin-is-a-real-threat-to-banks/

FYI Coindesk is just made for article not a valid news source. Smiley Lazy to read the link since Im not used to read articles from coindesk. About the bank threaten by bitcoin that is an old story but definitely not a big deal as for me.
hero member
Activity: 1456
Merit: 567
March 22, 2016, 10:53:34 AM
bank lives in fees of transaction, bitcoin is not.... yet.
thats why bank feels bitcoin is a threat.

Who said that bitcoin is a threat for bank? And valid links or proof? That threat thing is just a man made speculation and now spread so other readers adapt that thinking as well.
you can just search google "bank threaten by bitcoin" you will see the result.
this is example of one, if you cant use google http://www.coindesk.com/british-banking-association-bitcoin-is-a-real-threat-to-banks/
legendary
Activity: 2688
Merit: 1065
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March 22, 2016, 10:30:48 AM
bank lives in fees of transaction, bitcoin is not.... yet.
thats why bank feels bitcoin is a threat.

Who said that bitcoin is a threat for bank? And valid links or proof? That threat thing is just a man made speculation and now spread so other readers adapt that thinking as well.
thats funny, you must be new to bitcoin if you dont know that bitcoin might change the whole financial system in the future what would mean a fall of banks so i guess it is a pretty big threat for them...

i definitely go with a bitcoin wallet in order to avoid big fees and avoid being banned from sending my money anywhere i want and how much i want at any time

Another newbie post thinking banks will fall because of bitcoin. If you give some nice possible reason I will answer to your post much more deeply. But with only the last statement as your main point then definitely you are just like others who are fanatic of unrealistic articles and sayings. Wake up dude and just enjoy bitcoin today. Don't expect too much.
newbie
Activity: 42
Merit: 0
March 22, 2016, 10:25:14 AM
bank lives in fees of transaction, bitcoin is not.... yet.
thats why bank feels bitcoin is a threat.

Who said that bitcoin is a threat for bank? And valid links or proof? That threat thing is just a man made speculation and now spread so other readers adapt that thinking as well.
thats funny, you must be new to bitcoin if you dont know that bitcoin might change the whole financial system in the future what would mean a fall of banks so i guess it is a pretty big threat for them...

i definitely go with a bitcoin wallet in order to avoid big fees and avoid being banned from sending my money anywhere i want and how much i want at any time

would like to just use bitcoin wallet, but for our personal life fiat is actually our money to use daily. Is nice to have bitcoin aside is not making a fake money,
hero member
Activity: 770
Merit: 500
March 22, 2016, 10:23:16 AM
bank lives in fees of transaction, bitcoin is not.... yet.
thats why bank feels bitcoin is a threat.

Who said that bitcoin is a threat for bank? And valid links or proof? That threat thing is just a man made speculation and now spread so other readers adapt that thinking as well.
thats funny, you must be new to bitcoin if you dont know that bitcoin might change the whole financial system in the future what would mean a fall of banks so i guess it is a pretty big threat for them...

i definitely go with a bitcoin wallet in order to avoid big fees and avoid being banned from sending my money anywhere i want and how much i want at any time
newbie
Activity: 42
Merit: 0
March 22, 2016, 10:13:37 AM
bank lives in fees of transaction, bitcoin is not.... yet.
thats why bank feels bitcoin is a threat.
both are good because it's necessary for our real life but for online transactions Bitcoin more good currently because fastest and low fees
but bank also good for secure our real money


Bitcoin will be an investment option as it is already bringing good returns, i guess the best returns from the last years come from bitcoin,.
legendary
Activity: 980
Merit: 1000
March 22, 2016, 09:43:41 AM
bank lives in fees of transaction, bitcoin is not.... yet.
thats why bank feels bitcoin is a threat.
both are good because it's necessary for our real life but for online transactions Bitcoin more good currently because fastest and low fees
but bank also good for secure our real money
newbie
Activity: 56
Merit: 0
March 22, 2016, 09:38:58 AM
I would go with bitcoin wallet because i can moove my money anytime,24hours a day without any restriction.Something that current banks wont allow you to,do .Besides that i can make my own investments and i wont have a monthly fee .
Lol with bank you can use internet banking to use bank in full and 24 hours non-stop. You do not need to go out to buy something. and besides, you do not need to convert anymore Cheesy

prefer more to be my own bank by having a paper wallet or lately the hardware wallets which are phenomenal, i don't prefer much local banks.
sr. member
Activity: 420
Merit: 250
March 22, 2016, 09:30:01 AM
I would go with bitcoin wallet because i can moove my money anytime,24hours a day without any restriction.Something that current banks wont allow you to,do .Besides that i can make my own investments and i wont have a monthly fee .
Lol with bank you can use internet banking to use bank in full and 24 hours non-stop. You do not need to go out to buy something. and besides, you do not need to convert anymore Cheesy
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