Bank or Bitcoin Wallet? - page 155. | Bitcointalksearch.org

beerlover

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Quote from: naidray on January 26, 2016, 09:35:32 AM

Quote from: jt byte on January 26, 2016, 08:53:49 AM

I would opt for bitcoins, bitcoins are secure, fast, and there is potential for a lot of profit. Sometimes I do not trust a bank with some tricks.

On the bank you get a little interest and I want a big profit on my savings so I choose bitcoin above banks.

Yes, when we considering
Security,
good return from investment,
Full ownership of our money,
Fast transactions,
we need to go with bitcoin wallet. All the above features are completely missing in my country's banking system usually.

Nice pointing out. Anyone will prefer for having ownership of their own money or wealth. This must be the one of the most perfect reason for myself to go with the bitcoin wallet over bank account.

dragonusa9

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Quote from: jtipt on January 26, 2016, 04:27:41 AM

Personally I like bitcoin wallet because they are easy to use and making a transaction is a piece of cake. But both banks and bitcoin wallets have their advantages,like if I have alot of money I would like to keep it in bank as I would get interest on it Grin

even you got interest, it's still little than bitcoin.
bitcoin prices is fluctuative, that you can get a lot of profit than only interest on bank
but only if you always online on the exchanger to sell the BTC into cash

elizabethqueen

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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 ca'n choose among them,its hard to not pick that two,i will always need bank account,even i have fully acces with bitcoin,in small town i need bank account,as long i still use cash money.

naidray

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Quote from: jt byte on January 26, 2016, 08:53:49 AM

I would opt for bitcoins, bitcoins are secure, fast, and there is potential for a lot of profit. Sometimes I do not trust a bank with some tricks.

On the bank you get a little interest and I want a big profit on my savings so I choose bitcoin above banks.

Yes, when we considering
Security,
good return from investment,
Full ownership of our money,
Fast transactions,
we need to go with bitcoin wallet. All the above features are completely missing in my country's banking system usually.

Pattart

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Quote from: nejibens on January 25, 2016, 11:11:02 AM

Personally i use both, bank and wallet.
Till now there is a lot of needed marketplaces not using Bitcoin as payment processor, that's why we have to use the bank accounts sometimes

if both are useful, why not?
do not be too hard to use one, if both can be used simultaneously, why not?
right ?

jt byte

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I would opt for bitcoins, bitcoins are secure, fast, and there is potential for a lot of profit. Sometimes I do not trust a bank with some tricks.

On the bank you get a little interest and I want a big profit on my savings so I choose bitcoin above banks.

Pursuer

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Where is my ring of blades...

as far as I am concerned I will use both of them for the time being. I use banks to keep my fiat money safe and in a place that I can use it, because we all know that we are still reliant on fiat.
but I use bitcoin too, but more as an investment that anything else. and hopefully in the future as a substitute.

diodio5

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Quote from: Newcoins2020 on January 25, 2016, 10:48:09 AM

Quote from: sana9821 on October 04, 2015, 12:37:00 PM

i would choose to use bitcoin wallet and have all my money as bitcoins though bitcoin price is really fluctuating so it would be a little bit risky i guess

But you can not always spend your money.

If you have money in the bank you can spend almost anywhere

I think the fluctuation is not a small problem, whenever your money can be very small if you convert all your money in bitcoin, remains cautious

Amph

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Quote from: Araudan on January 25, 2016, 07:12:48 PM

Personally, I like the Bitcoin wallet. I always be suspicious with real bank with my real money, so imagine with my bitcoin... Grin

this is the problem, newbie keep referring to fiat as a real money and bitcoin probably as fake money, you cna even see it this, and that the most genuine part about this post

so it's clear that there are still the majority that willr efuse to accept bitcoin based on this alone

jtipt

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Personally I like bitcoin wallet because they are easy to use and making a transaction is a piece of cake. But both banks and bitcoin wallets have their advantages,like if I have alot of money I would like to keep it in bank as I would get intrest on it Grin

kevin go

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Quote from: Araudan on January 25, 2016, 07:12:48 PM

Personally, I like the Bitcoin wallet. I always be suspicious with real bank with my real money, so imagine with my bitcoin... Grin

actually it depending on out country..when your country dont really accepted btc it will better using both..i mean in internet which accpeted btc i will use btc bcause fee is low and easy transaction and the bank just for a real life buying or sell things..

Araudan

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Personally, I like the Bitcoin wallet. I always be suspicious with real bank with my real money, so imagine with my bitcoin... Grin

wadili89

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Quote from: Herbert2020 on January 25, 2016, 11:42:04 AM

at present day, i prefer banks to put most of money in. because i know that it will be safe and i get an annual profit each month.
but i like bitcoin as an investment which is making me more money. also i like to see a day that i can use my stored bitcoins to shop, either online or at any place outside.

the profit banks give you on monthly basis is redicluse specially if you have small money not so less even for 10k you wont get anything reasonable as monthly profit yearly there will be some but not monthly so its better to store in bitcoins and invest bitcoins which will grow faster

ajun96

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Quote from: nejibens on January 25, 2016, 11:11:02 AM

Personally i use both, bank and wallet.
Till now there is a lot of needed marketplaces not using Bitcoin as payment processor, that's why we have to use the bank accounts sometimes

to use both more better. bitcoin used for online transactions and bank for offline transactions,
it is better Instead of the using one

RealBitcoin

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JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: Herbert2020 on January 25, 2016, 11:42:04 AM

at present day, i prefer banks to put most of money in. because i know that it will be safe and i get an annual profit each month.
but i like bitcoin as an investment which is making me more money. also i like to see a day that i can use my stored bitcoins to shop, either online or at any place outside.

I`m not sure if the 1% bank interest yearly makes any sense.

There are bitcoin investments here that earn you at least 5-10% monthly, and are with reasonable risk. I`d go with those instead.

PizzaBTC

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Quote from: traderbit on January 25, 2016, 02:03:30 PM

Quote from: -Tx-Rider on January 23, 2016, 07:30:33 PM

Personally i use both till now, but i prefer to use Bitcoin online, to make trades and deals.
Offline the bitcoin's not yet used like fiat so we are forced to use the banks

I use both of them too, but recently more bitcoins as it's cheaper and sometimes faster, there are some cons but pros are greater.

But I believe I will go up only with bitcoin wallet as I find no meaning a bank account with no balance as I get all my deals within my bitcoin wallets. Really I say I could not find any cons with using bitcoins for my daily life.

traderbit

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Quote from: knowhow on January 25, 2016, 02:51:43 PM

Quote from: Newcoins2020 on January 25, 2016, 10:48:09 AM

Quote from: sana9821 on October 04, 2015, 12:37:00 PM

i would choose to use bitcoin wallet and have all my money as bitcoins though bitcoin price is really fluctuating so it would be a little bit risky i guess

But you can not always spend your money.

If you have money in the bank you can spend almost anywhere

Well if all my money were at bank i would be bored,they wanna control the ammount i hold,i need to request them my own money,to use where i wanna.Bitcoin doesnt has a lot places to be spent but i can moove it ,invest it whenever i wanna.

Bank has pros and cons but they hold the money for you, and that's what happening, bank have been popular more than never, they can limit you to withdraw your own money like in Greece last year.

knowhow

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Quote from: Newcoins2020 on January 25, 2016, 10:48:09 AM

Quote from: sana9821 on October 04, 2015, 12:37:00 PM

i would choose to use bitcoin wallet and have all my money as bitcoins though bitcoin price is really fluctuating so it would be a little bit risky i guess

But you can not always spend your money.

If you have money in the bank you can spend almost anywhere

Well if all my money were at bank i would be bored,they wanna control the ammount i hold,i need to request them my own money,to use where i wanna.Bitcoin doesnt has a lot places to be spent but i can moove it ,invest it whenever i wanna.

HarHarHar9965

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Quote from: nejibens on January 25, 2016, 11:11:02 AM

Personally i use both, bank and wallet.
Till now there is a lot of needed marketplaces not using Bitcoin as payment processor, that's why we have to use the bank accounts sometimes

Banks are lagging up with my account through interest. So much mark up fees, forex fees and many things. bank is looting work according to me.
personally I would suggest for bitcoin wallet only that too offline is fine one. No big fees and No interest. healthy for savings

traderbit

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Quote from: -Tx-Rider on January 23, 2016, 07:30:33 PM

Personally i use both till now, but i prefer to use Bitcoin online, to make trades and deals.
Offline the bitcoin's not yet used like fiat so we are forced to use the banks

I use both of them too, but recently more bitcoins as it's cheaper and sometimes faster, there are some cons but pros are greater.

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