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Topic: Bank or Bitcoin Wallet? - page 142. (Read 230501 times)

hero member
Activity: 742
Merit: 500
February 28, 2016, 09:33:26 AM
Nowadays i think we can't use only Bitcoin's wallet and we still need the banking services as well for the billing purposes and also for the payments online , because many famous marketplaces aren't yet supporting Bitcoin as payment processor
hero member
Activity: 672
Merit: 500
February 28, 2016, 08:55:55 AM
I use already banks and bitcoin's wallet for my billing purposes and my payments online as well, and i think we need both nowadays
sr. member
Activity: 336
Merit: 250
February 28, 2016, 06:42:04 AM
Fore sure i go with my bank account. Most my bills have to be paid by bank anyway.
And yes I feel my money is more secure with a bank then with my wallet.
hero member
Activity: 532
Merit: 500
February 28, 2016, 06:05:35 AM

Banks are a lot more safer than bitcoin wallets,since your account cannot be stolen unless it is online,so i choose banks.
yeah agree with you. let alone a bank guarantee if your money is gone, due to the fault of the banks, they will pay you back. and if someone steals money from your bank account, you will be easier to examine and monitor who is stealing money
hero member
Activity: 756
Merit: 500
February 28, 2016, 03:29:33 AM
Banks are a lot more safer than bitcoin wallets,since your account cannot be stolen unless it is online,so i choose banks.

banks not safe as you think, some bank not have guarantee your money is avaible in safe-deposit box, if you safe your money at banks, your money will be loaned to other people...
Roll Eyes

even the money will be loaned to other people, the balances still the same amount like the last time you saw right?
the money can be different, but the money is still money
hero member
Activity: 998
Merit: 504
February 28, 2016, 02:47:01 AM
Price rise of Bitcoin is better than the interest you earn with a bank. So I would definitely choose Bitcoin wallet.

you cn't choose only bitcoin, you need bank for your local transaction and use local currency, no people can guarantee bitcoin will be long life
Yes we cant choose only bitcoins and banks play a major role in the transactions. But if the bitcoins are accepted everywhere and people have options between banks and bitcoins, they will defiantly  choose bitcoins and this will lower the role of banks in our society.
legendary
Activity: 1386
Merit: 1058
February 28, 2016, 02:43:05 AM
Price rise of Bitcoin is better than the interest you earn with a bank. So I would definitely choose Bitcoin wallet.
The price of bitcoins is really better these days, but you cant be sure that its stays that way. Interest you earn with bank may be low but you are sure that the amount is consistent and u will always get the same interest from bank.
legendary
Activity: 1316
Merit: 1145
February 27, 2016, 08:06:27 PM
Banks are a lot more safer than bitcoin wallets,since your account cannot be stolen unless it is online,so i choose banks.

banks not safe as you think, some bank not have guarantee your money is avaible in safe-deposit box, if you safe your money at banks, your money will be loaned to other people...
Roll Eyes
hero member
Activity: 504
Merit: 500
February 27, 2016, 07:39:42 PM
Banks are a lot more safer than bitcoin wallets,since your account cannot be stolen unless it is online,so i choose banks.
legendary
Activity: 1316
Merit: 1145
February 27, 2016, 07:35:47 PM
I think we need both nowadays, bank for some deals online and offline that couldn't be made with bitcoin
and wallet for speed and low fee transactions

Im use both of them too, for bussines people still need bank although he is have biggest bitcoin changer, If no people never need bank, each changer never give option to withdraw his bitcoin with wire bank Roll Eyes
sr. member
Activity: 378
Merit: 250
February 27, 2016, 07:30:03 PM
i am still using banks for fiat because who are we kidding we are still in need of fiat but i also prefer bitcoin for purchases since it is fast and secure and not to mention anonymous!
Yes, bitcoin is being more popular and getting stronger every day and more people start using bitcoin every day. But it doesn't mean fiat money or banks not important now. I think we need both of them. bitcoin wallet is good for online storing, and banks are for offline saving.
There needs to be a lot more shops that accept Bitcoin around the world if Bitcoin even wants to stand a chance against fiat.
legendary
Activity: 1204
Merit: 1028
February 27, 2016, 01:40:26 PM
i am still using banks for fiat because who are we kidding we are still in need of fiat but i also prefer bitcoin for purchases since it is fast and secure and not to mention anonymous!
Yes, bitcoin is being more popular and getting stronger every day and more people start using bitcoin every day. But it doesn't mean fiat money or banks not important now. I think we need both of them. bitcoin wallet is good for online storing, and banks are for offline saving.
hero member
Activity: 560
Merit: 500
February 27, 2016, 11:04:21 AM
I would go for a bitcoin wallet all the way. It is way more convenient. I think that people will chose it too since the wallet is better.
Also sending money from there is much cheaper.

in my country if you send your money with other member of same bank the fee is 0 (zero)
the transaction faster than bitcoin Roll Eyes

i think you need bank account for daily activity

In many countries, sending money to same bank in the same country is free of cost, so what's new???
But with BTC wallet, you can send BTC for the least fee based on the bytes of the transaction and not that $100 - $1000 fee that you need to spend while transferring money through Bank Wire in different countries...

in this case bitcoin is winner, but we can't life without bank, we use bank as financial country, the economic growth of a country can be determined by the number of bank earnings, and the level of public confidence in the bank

You dont need bank for nothing,you need a work,sure you must pay fees to government and they use bank,but well lets say with cash in hands you can pay anywhere.You can send money at same country to other person when the person has the same bank as yours,try to send to another bank into the same country,bitcoin as a fee that is pennies being a small or high transaction soo always bitcoin would win.
hero member
Activity: 742
Merit: 500
February 27, 2016, 09:34:16 AM
We already need both nowadays : banks and Bitcoin's wallets , because as bitcoin's fans we prefer to use Bitcoin as payment method online to support it, but in the other hand that's not available always so we need also banks
hero member
Activity: 672
Merit: 500
February 27, 2016, 09:18:54 AM
I think we need both nowadays, bank for some deals online and offline that couldn't be made with bitcoin
and wallet for speed and low fee transactions
sr. member
Activity: 434
Merit: 250
February 27, 2016, 06:08:48 AM
I think bank is much safer then bitcoin wallet, as the money is safe and no one can steal your money, and if it does then bank will help you in recovering in your money.

If again crises comes like crises 2008. We all should forget our bank savings and can sit in a couch simply.
Better save your bitcoins in paper wallet or coldstorage make it safer as much you can.
full member
Activity: 196
Merit: 100
February 27, 2016, 06:00:02 AM
I think bank is much safer then bitcoin wallet, as the money is safe and no one can steal your money, and if it does then bank will help you in recovering in your money.

Yeah banks are the most trusted organization by the people and they would continue to use banking system, and they will never have that level of trust on bitcoins.
full member
Activity: 238
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
February 27, 2016, 04:31:25 AM
I think bank is much safer then bitcoin wallet, as the money is safe and no one can steal your money, and if it does then bank will help you in recovering in your money.
hero member
Activity: 532
Merit: 501
February 27, 2016, 02:44:56 AM
bank is good for safe my money and bitcoin for invest my money Smiley
i know bitcoin price rise and rise again everyday, but for me i prefered to safe my money at local currency (fiat) than safe it bitcoin.

I don't know bro, But I have Blockchain online wallet, Its very good for me
A bank is much safer than an online wallet. I would definitely choose a Bitcoin hardware wallet over a bank though.
legendary
Activity: 1372
Merit: 1005
February 27, 2016, 02:37:22 AM
bank is good for safe my money and bitcoin for invest my money Smiley
i know bitcoin price rise and rise again everyday, but for me i prefered to safe my money at local currency (fiat) than safe it bitcoin.

I don't know bro, But I have Blockchain online wallet, Its very good for me
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