Bank or Bitcoin Wallet? - page 167. | Bitcointalksearch.org

secone

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Quote from: extrabyte on January 03, 2016, 04:48:40 PM

I prefer more to be my own bank by having a paper wallet or lately the hardware wallets which are phenomenal, i don't prefer much local banks.

but you need local bank to convert your bitcoin from paper wallet to buying something in "real life"
i prefer both of them, bank and bitcoin like something that is conected

ajun96

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Quote from: btcdevil on January 03, 2016, 06:10:35 AM

The answer for this question is very confusing, because both are important,

Bitcoins is just like Gold , which at the end of the date we have to convert it to fiat currency , and bitcoin is not working like bank, if you are going for bitcoins like bank then their are more complications which will be facing it.

bitcoin actually can be used directly, without having to convert it to fiat money, unlike gold,
but its use in life is still very limited

extrabyte

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I prefer more to be my own bank by having a paper wallet or lately the hardware wallets which are phenomenal, i don't prefer much local banks.

Gloober

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I would have to choose Bitcoin wallet. It's up to me to keep it safe, unlike any bank out there. With a wallet I can secure it myself and with the bank, I don't really own that money since it's not in my hands. It's only available to me if I withdraw the money that I have on my account.

MTBTT

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Quote from: umaOuma on January 02, 2016, 10:58:41 AM

Quote from: MTBTT on January 02, 2016, 10:54:29 AM

Quote from: Palinanv on January 01, 2016, 10:21:40 PM

Both, only because you need Bitcoin holding to grow. Then you sell it and put the earnings in the bank to gain added interest.

yeah both is good, but here the choice is the bank or the bitcoin wallet you have to choose one,
if I am, of course at this time. I would opt for the bank, because I can use it for any purpose,
in contrast with bitcoin which is still limited to use

That's true, but I would surely choose bitcoins over bank, as there are no public or holidays when it comes to bitcoin transaction, I can transact at any time, and when it comes to bank we need to follow their rules and regulations, pay them fees etc, and I don't have control on my money if my money is with bank.

hey did you forget with the bank we can use the atm bro? we can send money anytime like bitcoin Cheesy

we can withdraw money quickly without exchanger Cheesy

RealBitcoin

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Quote from: RoughLyfe on January 03, 2016, 07:41:28 AM

Honestly,I think I would go with banks since it would be more secure.

The greeks and cypriots thought the same, before they found themselves locked out of their money. Then Cyprus went under a big haircut of deposited funds.

RoughLyfe

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Honestly,I think I would go with banks since it would be more secure.

BlackPanda

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Quote from: Ryananda on January 03, 2016, 07:30:07 AM

Quote from: blackmachinegun on January 02, 2016, 11:12:18 AM

Quote from: Ryananda on January 01, 2016, 07:28:44 AM

Quote from: Xexen4 on January 01, 2016, 07:13:42 AM

more than needed i invest to btc but bank is my first priority

Ya better bitcoin in traded online or transferred to a bank account to be safe. Because I still feel worried if menyimpat bitcoin wallet too long at this address, because it is highly vulnerable to hacking

besides unsafe as well, we cannot use bitcoin wallet it completely, you know there are still a few who accept bitcoin as a payment option,
so I prefer to exchange it into fiat money and put it in the bank

We recommend that if you want to use bitcoin as payment must be used immediately and not stored in bitcoin wallet in a very long period of time, it is recommended to immediately disbursed money in the bank because the bank is very safe and can be accountability on the part of banks. I think it's probably a wise way to use bitcoin

yes it makes sense. in bank funds we will be guaranteed. we do not need to worry. question. until when it can all survive? Cheesy

Ryananda

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Quote from: blackmachinegun on January 02, 2016, 11:12:18 AM

Quote from: Ryananda on January 01, 2016, 07:28:44 AM

Quote from: Xexen4 on January 01, 2016, 07:13:42 AM

more than needed i invest to btc but bank is my first priority

Ya better bitcoin in traded online or transferred to a bank account to be safe. Because I still feel worried if menyimpat bitcoin wallet too long at this address, because it is highly vulnerable to hacking

besides unsafe as well, we cannot use bitcoin wallet it completely, you know there are still a few who accept bitcoin as a payment option,
so I prefer to exchange it into fiat money and put it in the bank

We recommend that if you want to use bitcoin as payment must be used immediately and not stored in bitcoin wallet in a very long period of time, it is recommended to immediately disbursed money in the bank because the bank is very safe and can be accountability on the part of banks. I think it's probably a wise way to use bitcoin

betohell

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Quote from: jethrorn99 on January 03, 2016, 03:49:49 AM

I'll still use bank to save my moneys, it got interests and much more safer than bitcoin.

You could make a credit card or debit card too.

Bitcoin? i'll safe up a little, still scared if I ever got hacked, no one will help then.

hey man.. there are some who do not you know about bitcoin. now with bitcoin you can make debit and credit cards many of its providers
i think very little interest in the bank. maybe 1% per year.. are you confident with it lol Grin

BlackPanda

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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.

Luqman

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Quote from: umaOuma on January 02, 2016, 10:58:41 AM

Quote from: MTBTT on January 02, 2016, 10:54:29 AM

Quote from: Palinanv on January 01, 2016, 10:21:40 PM

Both, only because you need Bitcoin holding to grow. Then you sell it and put the earnings in the bank to gain added interest.

yeah both is good, but here the choice is the bank or the bitcoin wallet you have to choose one,
if I am, of course at this time. I would opt for the bank, because I can use it for any purpose,
in contrast with bitcoin which is still limited to use

That's true, but I would surely choose bitcoins over bank, as there are no public or holidays when it comes to bitcoin transaction, I can transact at any time, and when it comes to bank we need to follow their rules and regulations, pay them fees etc, and I don't have control on my money if my money is with bank.

Yeah, we can still uses our bitcoin even on holiday, that bitcoin ability that bank never can do..

rio3233

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I choose bitcoin wallet, because it's simple websites (i'm using blockchain) and we can pay anything and buy anything online via bitcoin.

iqlimasyadiqa

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bank = If you choose the security of transactions and guarantee funds you save.

bitcoin wallet = if you choose the convenience and speed of transaction (everytime and everywhere).

match yourself? Wink

btcdevil

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The answer for this question is very confusing, because both are important,

Bitcoins is just like Gold , which at the end of the date we have to convert it to fiat currency , and bitcoin is not working like bank, if you are going for bitcoins like bank then their are more complications which will be facing it.

traderbit

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Quote from: dk8218 on January 02, 2016, 11:10:25 AM

I would choose bitcoin wallet... blockchain the best in my opinion....
Blockchain is also as like as a bank... some risky
if you want interest as same as bank.. then try some investment site... but in my opinion it is risky
And don't mix bank with bitcoins...
Otherwise there won't be any bank... only online bitcoin sites :v

When you say try investment site then here is the highest risk to loose the bitcoins.
I prefer both of them as long as i use them both, but the favorite will be bitcoin always.

RealBitcoin

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Depends, banks are still the real node in global finance. We are bound to use them for now.

If the bitcoin node becomes the node of global finance, then stuff will change.

ajun96

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Quote from: protzein on January 02, 2016, 11:57:54 AM

for safety I prefer using bank. too risky using bitcoin. since bitcoin value can be fluctuative

The first to plunge the world's gold, you should know the basics about bitcoin as "fluctuations" if you already know it, you will be comfortable in bitcoin
but it seems you do not already know it, you better wear a bank only

jethrorn99

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I'll still use bank to save my moneys, it got interests and much more safer than bitcoin.

You could make a credit card or debit card too.

Bitcoin? i'll safe up a little, still scared if I ever got hacked, no one will help then.

protzein

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for safety I prefer using bank. too risky using bitcoin. since bitcoin value can be fluctuative

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