Bank or Bitcoin Wallet? - page 37. | Bitcointalksearch.org

Noctis Connor

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Quote from: yudy on September 01, 2016, 09:51:09 PM

its saving to save my money iam choose bank
in my money want to growth is very fast iam choose bitcoin wallet in trade altcoin or trade bitcoin fiat money

Its better to use bank for saving money you can easily open account with bitcoin also but for me i am going to choosw bank or maybe both for my own sake without a bank i cant withdraw my money and with kut bitcoin walllet i cant hold my bitcoin

freedomgo

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Quote from: ?? on ??

At the moment both are important

I definitely agree with you, both are important because even how profitable we are in bitcoin, we cannot live without the bank. We need to convert our bitcoin to fiat so anytime we need bank to do it, and we are even lucky this days because banks are supporting us.

delliaerd

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Quote from: icecube45 on September 12, 2016, 02:35:07 AM

Quote from: sonnyacg on September 12, 2016, 12:42:27 AM

I think bitcoin wallet good to save money, with no one else knows. Chances are if you use your bitcoin wallet free to set it up. while our financial possibilities in the bank will be determined by their

But if saving in bitcoin wallet was also harmful if done in the long term. Because bitcoin will certainly fluctuate and that I think is not suitable when used to save in the long run. If the bank does cost a lot but its safety is highly guaranteed.

Do you mean saving money in bank is put your money into dollars or fiat right ? I think the issue from fluctuations is about that currency it self. Not too affect with bitcoin wallet .

ETCethereum

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iam choose bitcoin wallet

Yanidas

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Quote from: sonnyacg on September 12, 2016, 12:42:27 AM

I think bitcoin wallet good to save money, with no one else knows. Chances are if you use your bitcoin wallet free to set it up. while our financial possibilities in the bank will be determined by their

That is one reason I like the bitcoin. I can use the bitcoin and send it to other people without the bank in the middle.

icecube45

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Quote from: sonnyacg on September 12, 2016, 12:42:27 AM

I think bitcoin wallet good to save money, with no one else knows. Chances are if you use your bitcoin wallet free to set it up. while our financial possibilities in the bank will be determined by their

But if saving in bitcoin wallet was also harmful if done in the long term. Because bitcoin will certainly fluctuate and that I think is not suitable when used to save in the long run. If the bank does cost a lot but its safety is highly guaranteed.

sonnyacg

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I think bitcoin wallet good to save money, with no one else knows. Chances are if you use your bitcoin wallet free to set it up. while our financial possibilities in the bank will be determined by their

Shibashi Dogemoto

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Quote from: dunfida on September 12, 2016, 12:22:34 AM

Quote from: pandalion98 on September 11, 2016, 07:33:59 PM

Quote from: Ryan Dugan on September 11, 2016, 07:11:26 PM

I say bitcoin wallet or even bitcoin debit card. It makes thongs much easier and you get to be your own bank not having to rely on anything else. If something goes wrong its your fault and you won't have to pay horrible bank fees.

This is another good example. With banks, errors can be corrected and transactions can be reversed.

With bitcoin, if you incorrectly send some to a stranger's address, good luck getting it back.

I think thats an disadvantage of bitcoin in my own view hence we can reverse back transaction and getting back our money would be very impossible to happen and even to track the wallet adress that you make a transfer. Well its time to say goodbye but still bitcoin transfers are fast and also have a small tx fee.

At a moment we cannot afford to rely on bitcoin and quit banks, as we are aware that we cannot spend bitcoin directly and for that we need to exchange it to fiat by transferring it to our bank accounts, so both are necessary at a moment.

dunfida

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Quote from: pandalion98 on September 11, 2016, 07:33:59 PM

Quote from: Ryan Dugan on September 11, 2016, 07:11:26 PM

I say bitcoin wallet or even bitcoin debit card. It makes thongs much easier and you get to be your own bank not having to rely on anything else. If something goes wrong its your fault and you won't have to pay horrible bank fees.

This is another good example. With banks, errors can be corrected and transactions can be reversed.

With bitcoin, if you incorrectly send some to a stranger's address, good luck getting it back.

I think thats an disadvantage of bitcoin in my own view hence we can reverse back transaction and getting back our money would be very impossible to happen and even to track the wallet adress that you make a transfer. Well its time to say goodbye but still bitcoin transfers are fast and also have a small tx fee.

coynedterm

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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.

in my openion the bank are not openly telling about our money that they what are doing . and we are not the ower even we are owner of own bank money .
but here in bitcoin we are the owner of our own bank amd no need any permission or order to do any thing .
so i think bitcoin is best .
secondly banks are afraid of btc because they fears to get loss after down the btc rate .

pandalion98

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Quote from: Ryan Dugan on September 11, 2016, 07:11:26 PM

I say bitcoin wallet or even bitcoin debit card. It makes thongs much easier and you get to be your own bank not having to rely on anything else. If something goes wrong its your fault and you won't have to pay horrible bank fees.

This is another good example. With banks, errors can be corrected and transactions can be reversed.

With bitcoin, if you incorrectly send some to a stranger's address, good luck getting it back.

Ryan Dugan

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I say bitcoin wallet or even bitcoin debit card. It makes thongs much easier and you get to be your own bank not having to rely on anything else. If something goes wrong its your fault and you won't have to pay horrible bank fees.

pandalion98

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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.

Banks are slow and have way higher fees than Bitcoin. Bitcoin, on the other hand, has low fees and is relatively faster.

The problem with bitcoin is stability. Its value is very volatile. That's why I'll stick with banks for now.

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Quote from: uname on September 11, 2016, 06:24:21 PM

Quote from: michelle1845 on September 11, 2016, 06:13:29 PM

banks are slow when it comes to sending and receiving payments from one bank to the other.if you send or receive money from and to the same bank, then it's instantly. but i will always choose offline storage over a bank when it comes to bitcoin..

nope in my country even if you have different bank accounts. but if you send the money would have to be instant. because it was in the process of online or internet

i guess he's never using bank to make a transaction LOL,bank is even faster than when you're waiting your transaction to be confirmed,with bank when you just pressing the send button then the money will immediately received by the receiver without needing any confirmation so michelle's argument is invalid

uname

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Quote from: michelle1845 on September 11, 2016, 06:13:29 PM

banks are slow when it comes to sending and receiving payments from one bank to the other.if you send or receive money from and to the same bank, then it's instantly. but i will always choose offline storage over a bank when it comes to bitcoin..

nope in my country even if you have different bank accounts. but if you send the money would have to be instant. because it was in the process of online or internet

20kevin20

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Quote from: michelle1845 on September 11, 2016, 06:13:29 PM

banks are slow when it comes to sending and receiving payments from one bank to the other.if you send or receive money from and to the same bank, then it's instantly. but i will always choose offline storage over a bank when it comes to bitcoin..

The only disadvantage you've got is that you can't pay to many companies. If it'd be in my country, you wouldn't be able to pay almost anything except a bar and maybe a few other restaurants. All the BTC shops I knew are now closed.

michelle1845

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banks are slow when it comes to sending and receiving payments from one bank to the other.if you send or receive money from and to the same bank, then it's instantly. but i will always choose offline storage over a bank when it comes to bitcoin..

crockoo

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As I have already got used to receiving bitcoin divided into two parts and one of them to change to dollars. So accordingly I trust this currency to banks. Perhaps with the help of investment banks do, if there is a good offer on the market. And the rest of the coin is preserved only in a purse on the desktop. Otherwise it may not be.

Chennai

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I require both as i need the bitcoins wallet to keep the bitcoins i earn. I require a bank account for transacting the money exchanged from bitcoins. Bitcoins are not accepted in my country to explain which would be the safest place to keep my bitcoins. Banks here only accepts the local money and other currencies which are in place with other countries. But both are really secured to depend on.

randy8777

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Quote from: marcuslong on September 11, 2016, 02:04:54 AM

Quote from: Ewinsane on August 23, 2016, 08:44:55 AM

i think bitcoin wallet is much more better bank wallet because bitcoin wallet is too much safer and bitcoin transaction fees is very and available everywhere for online shopping.

Let's put some twist on your side , How did you say so that bitcoin wallet is better than back wallet? is just because bitcoin wallet is much more safer? how about the bank ? Can you there have Customer support where if you need something you can make a call to them and banks and atm also can make transaction more easier than bitcoin.

a lot people just say "bitcoin wallet is better" while they don't come up with good arguments as to why they think a bitcoin wallet is safer/better than storing money in a bank account. it's very important to note that nowadays banks are upping the way we do transactions. i am fairly sure that at some point bank transactions will be instant from bank to bank. and i am not talking about sending and receiving transactions to the same bank.

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