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Topic: Bank or Bitcoin Wallet? - page 13. (Read 230501 times)

hero member
Activity: 714
Merit: 531
October 10, 2016, 07:50:18 AM
Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest

you know what the best thing of this all is? there is absolutely no need to choose between these two options since you can use both at the same time without any problems. Smiley

But everyone know that with banks we are facing a lot of problems there are much more limitations with the usage of banks while with bitcoin there are no or much less limitations so I will want to go for only bitcoins.

Can you explain what problems you are facing when using your bank? I honestly don't experience any problems. I am not paying any transaction fees, I can withdraw my money at any time, my bank card with NFC offers me a way to complete transactions very quickly. It's not at all bad.

I have few problems in bank either, when I try to withdraw my money with their atm. Sometimes the atm doesn't enough fund for withdrawing, I don't know if everytime it happens it is exact to me or that is just happening in coincidence. But for their service in over-the-counter transactions I'm having no problem at all.
It is not you that has that kind of experience, sometimes ATM goes offline and that is so annoying when we need our money urgently. But the suggestions here that you should not is that you have to open a bank accounts on different banks so it will be convenient to you.

not sure from which countries you guys are coming, but here in the netherlands i don't have any problems with atm's at all. the only error i once have seen in the news, was that atm's were giving out much more money than people were initially withdrawing.
I do not ever try bitcoin atm since here in our country there are few atm outlet with different places, that is why we prefer bank's atm right now that we can withdraw money anytime we need money.
legendary
Activity: 896
Merit: 1000
October 10, 2016, 07:31:21 AM
Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest

you know what the best thing of this all is? there is absolutely no need to choose between these two options since you can use both at the same time without any problems. Smiley

But everyone know that with banks we are facing a lot of problems there are much more limitations with the usage of banks while with bitcoin there are no or much less limitations so I will want to go for only bitcoins.

Can you explain what problems you are facing when using your bank? I honestly don't experience any problems. I am not paying any transaction fees, I can withdraw my money at any time, my bank card with NFC offers me a way to complete transactions very quickly. It's not at all bad.

I have few problems in bank either, when I try to withdraw my money with their atm. Sometimes the atm doesn't enough fund for withdrawing, I don't know if everytime it happens it is exact to me or that is just happening in coincidence. But for their service in over-the-counter transactions I'm having no problem at all.
It is not you that has that kind of experience, sometimes ATM goes offline and that is so annoying when we need our money urgently. But the suggestions here that you should not is that you have to open a bank accounts on different banks so it will be convenient to you.

not sure from which countries you guys are coming, but here in the netherlands i don't have any problems with atm's at all. the only error i once have seen in the news, was that atm's were giving out much more money than people were initially withdrawing.
sr. member
Activity: 882
Merit: 297
October 10, 2016, 07:21:18 AM
I think both option are usefull as Bank is needed for the daily work for fiat currency, and bitcoin is for investment as still bitcoin is not used in daily life so it is like buying gold and investing it. For me both option is good and needed.
legendary
Activity: 1148
Merit: 1006
October 10, 2016, 07:19:14 AM
A virus can stole the whole money from your bitcoin wallet. The bank can go bankrupt. It's never safe and is always risky.

If you put money in banks where governments are backed then your money is more secure than keeping in your computer. Computers can spoil faster than banks go under loss so banks are much better to save your money. But it is always good to have more options so you can keep both bitcoins as well as bank accounts to reduce your loses.
full member
Activity: 196
Merit: 100
October 10, 2016, 05:39:08 AM
if bitcoin is famous like a bank , i will choose bitcoin and only using bitcoin, but in fact bitcoin is not famous as we think, and only few people who using it, so i must using both of them.
yeah bitcoin is really very famous as bank and there is maximum people like bitcoin because bitcoin is very useful and bitcoin transaction is very faster than bank and bitcoin transaction is very faster than other currency and than bank.
hero member
Activity: 868
Merit: 506
October 10, 2016, 02:09:58 AM
A virus can stole the whole money from your bitcoin wallet. The bank can go bankrupt. It's never safe and is always risky.

What I know is that all banks have insurance system. Although there will be a maximum limit reason why most rich people are scattering their money from different banks and institutions so that every penny gets insured.

As for cryptocurrency I can feel that in the near future some tycoons will invest into it. Maybe some banks will also host their own wallets with insurance too.   
newbie
Activity: 28
Merit: 0
October 10, 2016, 01:24:54 AM
A virus can stole the whole money from your bitcoin wallet. The bank can go bankrupt. It's never safe and is always risky.
hero member
Activity: 756
Merit: 504
October 10, 2016, 01:00:13 AM
Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest

you know what the best thing of this all is? there is absolutely no need to choose between these two options since you can use both at the same time without any problems. Smiley

But everyone know that with banks we are facing a lot of problems there are much more limitations with the usage of banks while with bitcoin there are no or much less limitations so I will want to go for only bitcoins.
But banks are take a lot of our money every month if we did not deposit it. I think wallet is apropriated who just wanna safe money without so much cost like banks did. But bank is good for keep big amount of money also it is secured.
Banks still very important part of life in many countries they are doing too many jobs for customers for peoples we need some more work on bitcoin to replace banks which need too much time
newbie
Activity: 56
Merit: 0
October 10, 2016, 12:39:47 AM
Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest

you know what the best thing of this all is? there is absolutely no need to choose between these two options since you can use both at the same time without any problems. Smiley

But everyone know that with banks we are facing a lot of problems there are much more limitations with the usage of banks while with bitcoin there are no or much less limitations so I will want to go for only bitcoins.
But banks are take a lot of our money every month if we did not deposit it. I think wallet is apropriated who just wanna safe money without so much cost like banks did. But bank is good for keep big amount of money also it is secured.
hero member
Activity: 952
Merit: 500
October 09, 2016, 10:08:10 PM
Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest

you know what the best thing of this all is? there is absolutely no need to choose between these two options since you can use both at the same time without any problems. Smiley

But everyone know that with banks we are facing a lot of problems there are much more limitations with the usage of banks while with bitcoin there are no or much less limitations so I will want to go for only bitcoins.

Can you explain what problems you are facing when using your bank? I honestly don't experience any problems. I am not paying any transaction fees, I can withdraw my money at any time, my bank card with NFC offers me a way to complete transactions very quickly. It's not at all bad.

I have few problems in bank either, when I try to withdraw my money with their atm. Sometimes the atm doesn't enough fund for withdrawing, I don't know if everytime it happens it is exact to me or that is just happening in coincidence. But for their service in over-the-counter transactions I'm having no problem at all.
It is not you that has that kind of experience, sometimes ATM goes offline and that is so annoying when we need our money urgently. But the suggestions here that you should not is that you have to open a bank accounts on different banks so it will be convenient to you.
hero member
Activity: 3024
Merit: 745
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October 09, 2016, 06:16:02 PM
Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest

you know what the best thing of this all is? there is absolutely no need to choose between these two options since you can use both at the same time without any problems. Smiley

But everyone know that with banks we are facing a lot of problems there are much more limitations with the usage of banks while with bitcoin there are no or much less limitations so I will want to go for only bitcoins.

Can you explain what problems you are facing when using your bank? I honestly don't experience any problems. I am not paying any transaction fees, I can withdraw my money at any time, my bank card with NFC offers me a way to complete transactions very quickly. It's not at all bad.

I have few problems in bank either, when I try to withdraw my money with their atm. Sometimes the atm doesn't enough fund for withdrawing, I don't know if everytime it happens it is exact to me or that is just happening in coincidence. But for their service in over-the-counter transactions I'm having no problem at all.
legendary
Activity: 2170
Merit: 1427
October 09, 2016, 02:15:38 PM
Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest

you know what the best thing of this all is? there is absolutely no need to choose between these two options since you can use both at the same time without any problems. Smiley

But everyone know that with banks we are facing a lot of problems there are much more limitations with the usage of banks while with bitcoin there are no or much less limitations so I will want to go for only bitcoins.

Can you explain what problems you are facing when using your bank? I honestly don't experience any problems. I am not paying any transaction fees, I can withdraw my money at any time, my bank card with NFC offers me a way to complete transactions very quickly. It's not at all bad.
hero member
Activity: 1022
Merit: 521
October 09, 2016, 02:02:55 PM
Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest

you know what the best thing of this all is? there is absolutely no need to choose between these two options since you can use both at the same time without any problems. Smiley

But everyone know that with banks we are facing a lot of problems there are much more limitations with the usage of banks while with bitcoin there are no or much less limitations so I will want to go for only bitcoins.

I have some problems with my banks transactions but still if I will need to withdraw my bitcoin then I go to bank service for that as I will withdraw them from exchange to my bank and so currently I am relying on both. but I like only bitcoin.
hero member
Activity: 686
Merit: 500
October 09, 2016, 01:25:32 PM
Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest

you know what the best thing of this all is? there is absolutely no need to choose between these two options since you can use both at the same time without any problems. Smiley

But everyone know that with banks we are facing a lot of problems there are much more limitations with the usage of banks while with bitcoin there are no or much less limitations so I will want to go for only bitcoins.
full member
Activity: 136
Merit: 100
October 09, 2016, 01:13:06 PM
Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest

you know what the best thing of this all is? there is absolutely no need to choose between these two options since you can use both at the same time without any problems. Smiley
Both has its won benefits for each. I use the bank for saving my fiats exchanged from bitcoins. I use bitcoin wallets for bitcoins earnings and savings. Both are well secured in systems. Though both differ in few scenarios, they focus on user's money safety. Bank charges fees but bitcoins wallets do not.
legendary
Activity: 896
Merit: 1000
October 09, 2016, 10:21:31 AM
Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest

you know what the best thing of this all is? there is absolutely no need to choose between these two options since you can use both at the same time without any problems. Smiley
legendary
Activity: 2940
Merit: 1083
October 09, 2016, 09:25:01 AM
Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest
For now that is the best way on how to treat our money, we cannot really rely on bitcoin wallet for our savings as that is very risky, there is no insurance at all and we cannot determine that the future of bitcoin will succeed although looking good IMO.

It is good to be safe than sorry, so put your money in the bank for savings so you will not regret.

Correct. Just like they say "safety first". If you are feeding a family then you cant just rely on a wallet exchange specially with the events that happened lately. I would still consider taking some of my funds in the bank rather than letting it stay in one wallet or you could stash it in your own cupboard or closet.
legendary
Activity: 3318
Merit: 1185
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October 09, 2016, 05:23:15 AM
Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest
For now that is the best way on how to treat our money, we cannot really rely on bitcoin wallet for our savings as that is very risky, there is no insurance at all and we cannot determine that the future of bitcoin will succeed although looking good IMO.

It is good to be safe than sorry, so put your money in the bank for savings so you will not regret.
hero member
Activity: 546
Merit: 500
October 09, 2016, 05:02:40 AM
Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest
hero member
Activity: 952
Merit: 1000
October 09, 2016, 02:17:13 AM
Undoubtedly it will be bank which in existence for years now rather than some few years back the wallet has appeared. In today's technological world even bank account is on mobile and internet banking so any ones choice as future of wallet still knot known.


Soo why are you at this forum if you dont like or believe into bitcoin, and this forum its a bitcoin and crypto forum, go to the fiat forums, makes no sense your reply at all, anyway i do believe you will regret as well your choise of bank, bitcoin means freedom since the begining, if you do like to be restricted keep with banks.
He is just trying to express his opinion on the reality, banks are really more better when it comes to protecting our funds, you will realize that dude if you have millions of money, the big question is would you put that in bitcoin wallet or deposit it into your bank accounts.

Everyone wants that their money should be safe and insured and that protection you get only if you save that money in banks as if your bitcoi wallet gets hacked then there is no possibility to recover your money.

Yes that is why bank is more important to use than wallet. But for me bitcoin is more better because you can use anytime your money to grow or to make profit by just investing, trading and gambling ir it is vice versa lost your funds either. But what I mean you can easily use your money.

You can easily use your money even if its in banks as there are many facilities like ATM, mobile banking, net banking etc that has made people to access their funds 24/7.
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