Bank or Bitcoin Wallet? - page 146. | Bitcointalksearch.org

mainpmf

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Quote from: European Central Bank on February 21, 2016, 11:36:02 AM

Wallet for me. Look at all the shit some customers have had from places like Coinbase. Sure, Coinbase doesn't wanna do it but they have to. You never know when laws or terms are gonna change. We got the option to reject it. I'm gonna use that option.

Of course! Wallet is the best!
And at least if you have a wallet you actually own your money, not in banks!

dollarneed

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Quote from: dragonusa9 on February 21, 2016, 11:56:11 AM

Quote from: Nameless Coin on February 21, 2016, 11:53:31 AM

I would choose for the wallets, the wallet is more secured and its also easier in my eyes, plus the bank controls you.
If you use a wallets you are the one that is controlling your money and its all yours no one can touch it, only you.

but remember if you lost your mnemonic for blockchain wallet or forgotten about your password
nothing to do about recovering your wallet, except you're using the xapo(maybe the CS will help you about this)
so for this thing bank is more better for your money

yeah the password is everything , that's why you should choose another wallet rather than using blockchain etc, there so many offline wallet out there, you must remember that you have to be carefull with your private key just keep it safe, in this case i preferr using trezor or maybe paper wallet it's prety safe than using online wallet, imho btw

hangar18

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Well Bitcoin wallet. But I don't trust it 100% So I do some in BTC wallet and the rest in the bank.

dragonusa9

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Quote from: Nameless Coin on February 21, 2016, 11:53:31 AM

I would choose for the wallets, the wallet is more secured and its also easier in my eyes, plus the bank controls you.
If you use a wallets you are the one that is controlling your money and its all yours no one can touch it, only you.

but remember if you lost your mnemonic for blockchain wallet or forgotten about your password
nothing to do about recovering your wallet, except you're using the xapo(maybe the CS will help you about this)
so for this thing bank is more better for your money

Nameless Coin

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I would choose for the wallets, the wallet is more secured and its also easier in my eyes, plus the bank controls you.
If you use a wallets you are the one that is controlling your money and its all yours no one can touch it, only you.

European Central Bank

legendary

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Wallet for me. Look at all the shit some customers have had from places like Coinbase. Sure, Coinbase doesn't wanna do it but they have to. You never know when laws or terms are gonna change. We got the option to reject it. I'm gonna use that option.

ricardobs

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Both bank and bitcoin wallet have their own importance.
But personally I prefer bitcoin wallet more than banks. There are lots of advantages of bitcoin wallets. The prime one is, we have our own and full control of our money nothing better than this..

Laosai

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Quote from: ?? on ??

Quote from: mainpmf on February 20, 2016, 07:31:23 AM

Quote from: sirdevil on February 19, 2016, 06:36:07 AM

Well, for the time being, bank. It is far more secure IMO, as there are lots of problems with Bitcoin lately. If you hold an online wallet, all may disappear. If you hold them in your computer, it is not as hard that it is broken losing your bitcoins, etc. It all depends on you, not on a third party.

Yeah but if you use online wallet to store money you're an idiot and diserve to get stollen ^^

No mate, that's not that easy to steal money from online wallet, online wallet is very safe in terms of security, you can loose your money only if your wallet gets damaged or you forget the password of your wallet.

No, money on online wallet is not yours, online wallet is exactly like a bank, you own nothing! Why using it while you could have a desktop wallet safe secure where the coins are yours???

blackbird307

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★YoBit.Net★ 350+ Coins Exchange & Dice

Quote from: ekoice on February 20, 2016, 07:36:14 AM

Quote from: pokeronlinestatus on February 15, 2016, 09:11:12 AM

If banks start accepting bitcoins and bitcoins go through it regularly, won't it be a centralized currency like any in the world? Cheesy

Anyway I doubt that will happen anytime soon, It's unlikely currently that a bank accept an anonymous currency.

Banks are quite safer in lieu of secrecy and safety since you may retrieve your information from bank in case if you loose some information like password etc. but in BTC have no option to retrieve the password. Must improve this system its my humble request to BTC team.

Seeing as how important bitcoins are I don't see how you could lose the password. Why not memorize it? Safest place of all.

ekoice

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Quote from: pokeronlinestatus on February 15, 2016, 09:11:12 AM

If banks start accepting bitcoins and bitcoins go through it regularly, won't it be a centralized currency like any in the world? Cheesy

Anyway I doubt that will happen anytime soon, It's unlikely currently that a bank accept an anonymous currency.

Banks are quite safer in lieu of secrecy and safety since you may retrieve your information from bank in case if you loose some information like password etc. but in BTC have no option to retrieve the password. Must improve this system its my humble request to BTC team.

mainpmf

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Quote from: sirdevil on February 19, 2016, 06:36:07 AM

Well, for the time being, bank. It is far more secure IMO, as there are lots of problems with Bitcoin lately. If you hold an online wallet, all may disappear. If you hold them in your computer, it is not as hard that it is broken losing your bitcoins, etc. It all depends on you, not on a third party.

Yeah but if you use online wallet to store money you're an idiot and diserve to get stollen ^^

blackmachinegun

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Quote from: sirdevil on February 19, 2016, 06:36:07 AM

Well, for the time being, bank. It is far more secure IMO, as there are lots of problems with Bitcoin lately. If you hold an online wallet, all may disappear. If you hold them in your computer, it is not as hard that it is broken losing your bitcoins, etc. It all depends on you, not on a third party.

What kind of problems do you mean? I think there are currently no significant problems on bitcoin, and I can still use bitcoin as usual.
do not forget there is also a third-party on bank, privately owned

teilwalL05

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Quote from: Ryananda on February 20, 2016, 01:22:16 AM

Quote from: rio3233 on February 20, 2016, 12:42:57 AM

I choose bitcoin wallet, because i think bitcoin wallet is more easier to use, small fee and we can stored it on online. But what i like on Bank is, you can get interest when you stored your money in bank,

Perhaps if the transaction in bitcoin wallet is quick and only takes a few seconds it will be very interesting, but I chose bitcoin wallet because I think it is very easy.

Are you serious? Bitcoin just takes seconds for such transactions and itbis instant to, my bitcoin wallet do such a thing like that and I can withdraw cash when ever I like in the specific ATM that transact such bitcoin.

Ryananda

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Quote from: rio3233 on February 20, 2016, 12:42:57 AM

I choose bitcoin wallet, because i think bitcoin wallet is more easier to use, small fee and we can stored it on online. But what i like on Bank is, you can get interest when you stored your money in bank,

Perhaps if the transaction in bitcoin wallet is quick and only takes a few seconds it will be very interesting, but I chose bitcoin wallet because I think it is very easy.

teilwalL05

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Quote from: rio3233 on February 20, 2016, 12:42:57 AM

I choose bitcoin wallet, because i think bitcoin wallet is more easier to use, small fee and we can stored it on online. But what i like on Bank is, you can get interest when you stored your money in bank,

I think not bank just hold your money for safe keeping but if your bank promises such thing then it might end up in bankruptcy well in my opinion bitcoin wallet can increase or decrease your BTC it depends on the movement of bitcoin.

rio3233

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I choose bitcoin wallet, because i think bitcoin wallet is more easier to use, small fee and we can stored it on online. But what i like on Bank is, you can get interest when you stored your money in bank,

Ryananda

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Quote from: tommorisonwebdesign on February 19, 2016, 11:48:17 AM

I would prefer to store my assets in Bitcoin rather than a bank. Banks always charge a lot of fees and come with problems such as charge backs. Banks are afraid of Bitcoin because the technology could put them out of business

Yeah maybe you're right but I still feel scared to do it in bitcoin because now there are many scammers who can steal anything in bitcoin. Maybe if enhanced security I would prefer bitcoin.

tommorisonwebdesign

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I would prefer to store my assets in Bitcoin rather than a bank. Banks always charge a lot of fees and come with problems such as charge backs. Banks are afraid of Bitcoin because the technology could put them out of business

thejaytiesto

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There are less and less places worth putting your money by the day that aren't either Bitcoin or Gold, everything else is going to collapse long term, since it's all supported by fiat which is going to go to bust, so find investments that aren't backed by broken fiat currencies but good luck with that.

knowhow

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The thing is we must use and invest our money,otherwise would be any company ,service connected to money,i believe with the current Europe banks problems,our money arent safe at banks,you can loose it all ,bitcoin for other side till the moment looks and is more safe as it need some serious problem to make it worth nothing.

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