Topic: Bank or Bitcoin Wallet? - page 157. (Read 230501 times)
i would choose bitcoin wallet instead of bank, if you deposit your money into a bank you actually dont have it its just numbers, and if your coins are in your wallet then its yours and no one can take it from you
Neither. I put my money in my closet. Nothing is safer than a safe safe. 
Banks are crooks, wallets are not safe. Diversify your investments, so you don't face big financial problems.
Banks are crooks, wallets are not safe. Diversify your investments, so you don't face big financial problems.
Bitcoin is safer in my view. The reason for success of bitcoin must be the failure experience with our traditional banks. To have total control on our wealth, then bitcoin must be a perfect answer.
Diversifying is always good, no bitcoiners never suggest to invest all our wealth into bitcoin. Other than bank deposits, we can many numerous investments options. But for me, bitcoin gets more priority.
I fully support Bitcoin and pretty optimistic about its future but it's not time to get all wealth into Bitcoin and hold it in the wallet. Saving methods are either not safe enough or cost too much. I prefer to see my banknotes in my hand now.
Neither. I put my money in my closet. Nothing is safer than a safe safe.
Banks are crooks, wallets are not safe. Diversify your investments, so you don't face big financial problems.
Banks are crooks, wallets are not safe. Diversify your investments, so you don't face big financial problems.
Bitcoin is safer in my view. The reason for success of bitcoin must be the failure experience with our traditional banks. To have total control on our wealth, then bitcoin must be a perfect answer.
Diversifying is always good, no bitcoiners never suggest to invest all our wealth into bitcoin. Other than bank deposits, we can many numerous investments options. But for me, bitcoin gets more priority.
Neither. I put my money in my closet. Nothing is safer than a safe safe.
Banks are crooks, wallets are not safe. Diversify your investments, so you don't face big financial problems.
Banks are crooks, wallets are not safe. Diversify your investments, so you don't face big financial problems.
of course bitcoin, because banks are slow when want to send or receiving payments from one bank to the other.
lol question in my mind. if you have a bank account?
it seems you never send money between bank accounts to other banks
same as bitcoin, when you send money to your friend with the bank, at that moment, your money sent to your friend's account
But in Bitcoins, you don't need to "Add Beneficiary's account" or no need to go outside to a Bank to deposit, you just need to have the address and you are done, that too with least fee...
If the block size is limited to 1MB and there are more transactions, you have to wait long time or pay much higher fees.
for the fees, just double from the minimal fees (est 0.0002) or wait for time being
of course bitcoin, because banks are slow when want to send or receiving payments from one bank to the other.
lol question in my mind. if you have a bank account?
it seems you never send money between bank accounts to other banks
same as bitcoin, when you send money to your friend with the bank, at that moment, your money sent to your friend's account
But in Bitcoins, you don't need to "Add Beneficiary's account" or no need to go outside to a Bank to deposit, you just need to have the address and you are done, that too with least fee...
If the block size is limited to 1MB and there are more transactions, you have to wait long time or pay much higher fees.
of course bitcoin, because banks are slow when want to send or receiving payments from one bank to the other.
lol question in my mind. if you have a bank account?
it seems you never send money between bank accounts to other banks
same as bitcoin, when you send money to your friend with the bank, at that moment, your money sent to your friend's account
But in Bitcoins, you don't need to "Add Beneficiary's account" or no need to go outside to a Bank to deposit, you just need to have the address and you are done, that too with least fee...
Bitcoin wallet because you can be your own bank w/o someone taking your btc.
The only disadvantage is that when the bitcoin is in your wallet, you cannot earn bitcoin interest. Just the value increase.
Yeah thats right but you will get a higher value than the interest when you have a bitcoin in a value due to a difference in growth in a month. This will never be experienced in a bank, But when invested in shares with cash the same can be achieved. So both bank and bitcoin wallet are important.
That's true both are important, but the only fact I like about bitcoin is that I am a owner of a my own bank in the form of digital wallet, and I have total control on my money, I can use it 24/7, no paper work, no rules and regulations, the only disadvantage is that I am not earning interest on bitcoins, but the price volatility will balance that difference too, as I will sell at the higher price and earn profits out of it.
of course bitcoin, because banks are slow when want to send or receiving payments from one bank to the other.
dont forget about the more fees if you want to send payment from one bank to other too choose bitcoin for more efficient and anonymous
Bitcoin wallet because you can be your own bank w/o someone taking your btc.
The only disadvantage is that when the bitcoin is in your wallet, you cannot earn bitcoin interest. Just the value increase.
Yeah thats right but you will get a higher value than the interest when you have a bitcoin in a value due to a difference in growth in a month. This will never be experienced in a bank, But when invested in shares with cash the same can be achieved. So both bank and bitcoin wallet are important.
Banks are safer investments and wallets in general, Your money is less likely to be lost or hacked but it itself is the opposite of the decentralization concept BTC is based on. Also it would be nearly impossible to take an anonymous no-identity related payment method like BTC for a bank.
Bitcoin wallet because you can be your own bank w/o someone taking your btc.
The only disadvantage is that when the bitcoin is in your wallet, you cannot earn bitcoin interest. Just the value increase.
Exactly, both are important in their own way, you cannot neglect the fact that both are important for an individual, as banks are important when it comes to investment in other products, and bitcoin will never give you interest, So I believe bitcoin and banking system both are important.
Bitcoin wallet because you can be your own bank w/o someone taking your btc.
The only disadvantage is that when the bitcoin is in your wallet, you cannot earn bitcoin interest. Just the value increase.
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,gets the investment doubled that happened last year from the 200 dollars to the 400 dollars ,who bought on that time made it ,and more positions like this one will keep coming at bitcoin the up and down is alive,now we see altcoins being pumped and getting 30% and 50% besides the price it were ,the thing is always know when its time to left before the dump.But at bitcoin we are see in growing and its transactiong become bigger,i saw these week something like 7000bitcoins used to buy altcoins just at poloniex,this shows the volume that are around the pump and dump..
Bitcoin wallet because you can be your own bank w/o someone taking your btc.
Exactly that is the point why we are using bitcoin.
The problem with it that this time of future is not like we don't need the bank we need it for the pay the bills other thinks.
That is just sad that they just don't use some bitcoin to pay all your daily things.
Have a time to read and research some possible economical consequences if all transactions will be replaced by bitcoin and will erased the role of banks then come back here and state your opinion. Hoping you will be enlightened.
I prefer to have both. bitcoin price is currently going up.
And bank accounts for my everyday normal needs.
And bank accounts for my everyday normal needs.
Bitcoin wallet because you can be your own bank w/o someone taking your btc.
Exactly that is the point why we are using bitcoin.
The problem with it that this time of future is not like we don't need the bank we need it for the pay the bills other thinks.
That is just sad that they just don't use some bitcoin to pay all your daily things.
Bitcoin wallet because you can be your own bank w/o someone taking your btc.
Good Question need a simple answer :
Banks control your money . with bit-coin wallet you are in a control of your money
Choose .
Banks control your money . with bit-coin wallet you are in a control of your money
Choose .
This is true, but a lot of people is too lazy to deal with their own business, believe it or not, they feel more safe trusting a third party that themselves, thats why even if it it's sounds a bit ridiculous now, in the future Bitcoin banks may become a widely and successful business to run.
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 can't choose among them.this two is really important for me,and i always need it.i need bank account for jop needed,and bitcoin wallet for my bitcoin bussines
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