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Topic: Bank or Bitcoin Wallet? - page 165. (Read 230501 times)

sr. member
Activity: 343
Merit: 250
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January 08, 2016, 02:53:59 AM
If you invest your money into a high quality cold wallet or hard drive to store your cold wallet, if definitely recommend a bitcoin wallet. The wallet is secure, and if you have a copy of your private key or a paper wallet somewhere, you can recover it if your hard drive fails.

Banks, sure they are safe, but they can close
hero member
Activity: 518
Merit: 500
January 08, 2016, 02:23:33 AM
I think soon we will some banks from Europe will start accepting deposit from Bitcoin at the moment all banks are afraid by this revolution and i also would like to see this when i will directly make deposit my coins into my bank account.

Afraid and won't hiring a bitcoin expert to do start accept bitcoin.
Well everyone waiting for that moment when we able to deposit bitcoin to bank account directly but seems like it hard to make it happened because you know they think bitcoin wouldn't survive. They always thinking stupid like that I hate it .
legendary
Activity: 1218
Merit: 1000
January 08, 2016, 02:17:55 AM
Bitcoin wallet as the price of Bitcoin is rising. Like interest except better.
Bitcoin wallet does not pay interest, it is not PoS coin.

I still like bitcoin as I can send money without using a bank.
There are some bitcoin banks as well which is paying out interest, like haobtc, bitbank etc.
sr. member
Activity: 812
Merit: 250
January 08, 2016, 01:49:43 AM
Well since i have to pay my bills by bank i am forced to use my bank account.
However I would prefer to pay bills with bitcoin.

Hopefully this will be possible in the near future.
Yes I also hope such as paying bills with bitcoin will be easier and faster.
And possibly the cost of the transaction is also very cheap
legendary
Activity: 1008
Merit: 1000
January 07, 2016, 11:22:30 AM
I think soon we will some banks from Europe will start accepting deposit from Bitcoin at the moment all banks are afraid by this revolution and i also would like to see this when i will directly make deposit my coins into my bank account.
member
Activity: 98
Merit: 10
January 07, 2016, 11:15:46 AM
I'd prefer a wallet, it's more secure since I own it myself.
full member
Activity: 126
Merit: 100
January 07, 2016, 08:28:45 AM
SOME in a bank, but the majority in a wallet. I even record a wallet.dat on a DVD-rw at times so I have one or so around if my

computer should be done in due to something and need re-doing. I also am getting a btc debit card so I can withdraw some cash.
There's a bitcoin debit card?

can you give me a link to the provider ?

check this https://bit-x.com/cards

there's also Xapo, of course.

https://in.xapo.com/campaign/debit/
full member
Activity: 140
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fastdice.com The Worlds Fastest Bitcoin Dice
January 07, 2016, 08:03:02 AM
Bitcoin wallet as the price of Bitcoin is rising. Like interest except better.

Bitcoin wallet does not pay interest, it is not PoS coin.

I still like bitcoin as I can send money without using a bank.
legendary
Activity: 1442
Merit: 1016
January 05, 2016, 01:52:31 PM
SOME in a bank, but the majority in a wallet. I even record a wallet.dat on a DVD-rw at times so I have one or so around if my

computer should be done in due to something and need re-doing. I also am getting a btc debit card so I can withdraw some cash.
There's a bitcoin debit card?

can you give me a link to the provider ?

There are a few providers you can choose from.

Xapo https://in.xapo.com/campaign/debit/

Bit-x https://bit-x.com/cards

Coinbase https://support.coinbase.com/customer/portal/articles/2228646 https://www.shiftpayments.com/

Coinkite https://coinkite.com/faq/card
hero member
Activity: 952
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www.pumpmycoin.com
January 05, 2016, 11:16:54 AM
the choice with all of the terms banks or Bank-wallets , of course, Wallets modifies our perception of space and completely and forever, and conditions of the banking systems in the home and in the timeliness and eternal security, there can be issues, understanding that there will be no huge Bank offices and warehouse will remain only in the memories of that happy and that relieved a huge plot for creativity and new ideas
sr. member
Activity: 476
Merit: 250
January 05, 2016, 10:50:08 AM
bitcoin wallet will be the choice in this modern era (digital) while the bank is conventional storage media that may be a bit of its users in the future.
I believe this would happen in near future, in the end we'll use bitcoin over the world.
Banks will not lose they always launch ideas and new ideas to satisfy its customers.. the bank is always evolving. perhaps in the future the bank could be used in any time
bitcoin should be cautious..
hero member
Activity: 504
Merit: 500
January 05, 2016, 10:39:18 AM
I choose both but prefer to bitcoin wallet.

Bitcoin will be a future currency, nowadays you can use bitcoin debit card, bitcoin wallet is have great security, cold wallet, multisig wallet, ect.

But don't rule out the possibility if bitcoin always be a volatile value.
indeed it is possible bitcoin will still fluctuate, but because everyone wants bitcoin stable, I think bitcoin will evolve in the future maybe stable
but I also don't know, the way how you can do so bitcoin can be stabilized?
legendary
Activity: 896
Merit: 1000
January 05, 2016, 09:05:33 AM
hardware bitcoin wallet is best choice.

why are hardware wallets the best choice? i save all my wallet files on usb sticks for a very long time and it works very well. most of the people have several usb sticks lying around somewhere. it won't cost you anything if you have them. hardware wallets are quite expensive if you ask me.
hero member
Activity: 770
Merit: 509
January 05, 2016, 08:49:06 AM
Both have a place to exist, if you talk to average people out there they aren't going to like the idea of having to deal with their own money as if they where a bank because people don't like responsibility so you will see services appearing that act as a bank for cryptocurrencies. Yes it defeats the point, but whatever, people will never learn, so give them the possibility of having their private keys managed by third parties if they want to.
legendary
Activity: 2492
Merit: 1001
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January 05, 2016, 08:47:02 AM
I had first heard bitcoin wallet hardware, how do I use it? does require a fast internet connection?  Huh
full member
Activity: 224
Merit: 100
January 05, 2016, 08:34:40 AM
SOME in a bank, but the majority in a wallet. I even record a wallet.dat on a DVD-rw at times so I have one or so around if my

computer should be done in due to something and need re-doing. I also am getting a btc debit card so I can withdraw some cash.
There's a bitcoin debit card?

can you give me a link to the provider ?

check this https://bit-x.com/cards
Ok, Thanks man

Appreciate it Grin
hero member
Activity: 616
Merit: 500
January 05, 2016, 07:42:26 AM
Well since i have to pay my bills by bank i am forced to use my bank account.
However I would prefer to pay bills with bitcoin.

Hopefully this will be possible in the near future.
legendary
Activity: 3122
Merit: 1398
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January 05, 2016, 07:36:41 AM
Bitcoin will be a future currency, nowadays you can use bitcoin debit card, bitcoin wallet is have great security, cold wallet, multisig wallet, ect.

If only bitcoin debit card are supported by all country, I will consider that as one of the greatest achievement of bitcoin system in the world. But of course, it will really hard for one country to change it's "whole" financing system into bitcoin as bank today are strong. Believe me, it will take decade or more before it will happen.

I like bitcoin system as tax free. If ever bitcoin will be used in the whole world and banks will replace, expect taxes from every bitcoin transaction.
hero member
Activity: 756
Merit: 501
January 05, 2016, 06:51:39 AM
hardware bitcoin wallet is best choice.
sr. member
Activity: 242
Merit: 250
January 05, 2016, 06:47:46 AM
Bitcoin wallet as the price of Bitcoin is rising. Like interest except better.
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