Bank or Bitcoin Wallet? - page 44. | Bitcointalksearch.org

Superzpay

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Quote from: eddyubachs on September 01, 2016, 01:39:08 PM

Quote from: dhampir-D on September 01, 2016, 01:30:04 PM

I prefer to choose both, because I use Bitcoin as an investment and, in the other hand, the bank account give me the possibility to get the physical money, which may be obtained from Bitcoin.

Yeah we need both of them at a moment as we cannot afford to depend only on bitcoin as bitcoin is not accepted everywhere at a moment and we need fiat to take care of our purchases.

but at some stages we can rely only on bitcoin, like if we buy only those goods which are available online then we will buy them with bitcoin (those bitcoins which we earn online from our services/work) , with that we do not need to deposit or withdraw them via bank. and if a time came when everything will be available with bitcoin then we all will leave banks for our support to bitcoin.

lakisis

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i like bitcoin wallet because bitcoin wallet is much more better and safer than bank wallet .

Noctis Connor

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Quote from: dhampir-D on September 01, 2016, 01:30:04 PM

I prefer to choose both, because I use Bitcoin as an investment and, in the other hand, the bank account give me the possibility to get the physical money, which may be obtained from Bitcoin.

Were both that if i am going to choose between banks and bitcoin wallet i probably choose both because for me i use bitcoin where i stock or hold my earning in signature campaign and whenever you want to withdraw or exchange your bitcoin it easy to use banks

mirakal

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Quote from: Doms on September 01, 2016, 10:12:26 PM

Quote from: eddyubachs on September 01, 2016, 01:39:08 PM

Quote from: dhampir-D on September 01, 2016, 01:30:04 PM

I prefer to choose both, because I use Bitcoin as an investment and, in the other hand, the bank account give me the possibility to get the physical money, which may be obtained from Bitcoin.

Yeah we need both of them at a moment as we cannot afford to depend only on bitcoin as bitcoin is not accepted everywhere at a moment and we need fiat to take care of our purchases.

You are correct. For me, the two can co-exist depending on what you need them for. If both add convenience to our lives and the transactions made contribute to making our lives better, I would continue supporting banks and bitcoin at the same time. The more options there are available, the better services there will be for us. I think it is a win-win situation if you know how to maximize their usage.

Even in the future the two shall exist, if bitcoin will be more successful the same with the bank because the government does not want to abolish bank just to give way to bitcoin, bitcoin will be dominant in the online transaction but in the end of the day people will still cash out their bitcoin to the bank.

Doms

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Quote from: eddyubachs on September 01, 2016, 01:39:08 PM

Quote from: dhampir-D on September 01, 2016, 01:30:04 PM

I prefer to choose both, because I use Bitcoin as an investment and, in the other hand, the bank account give me the possibility to get the physical money, which may be obtained from Bitcoin.

Yeah we need both of them at a moment as we cannot afford to depend only on bitcoin as bitcoin is not accepted everywhere at a moment and we need fiat to take care of our purchases.

You are correct. For me, the two can co-exist depending on what you need them for. If both add convenience to our lives and the transactions made contribute to making our lives better, I would continue supporting banks and bitcoin at the same time. The more options there are available, the better services there will be for us. I think it is a win-win situation if you know how to maximize their usage.

xIIImaL

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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

Savings or trade, you can use bitcoin for both the purposes you can interest from the savings from the banks but if you hold the bitcoins for some years then price of the digital money will increase more 1k.its your choice to choose the right way.

yudy

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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

CloudStrife

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I believe that banks and bitcoin wallets are very different, even having some similatities. I would choose BTC Wallet, which brings to us more convenience and new possibilities. But I agree to say that banks still have several advantages in different situations.

eddyubachs

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Quote from: dhampir-D on September 01, 2016, 01:30:04 PM

I prefer to choose both, because I use Bitcoin as an investment and, in the other hand, the bank account give me the possibility to get the physical money, which may be obtained from Bitcoin.

Yeah we need both of them at a moment as we cannot afford to depend only on bitcoin as bitcoin is not accepted everywhere at a moment and we need fiat to take care of our purchases.

dhampir-D

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I prefer to choose both, because I use Bitcoin as an investment and, in the other hand, the bank account give me the possibility to get the physical money, which may be obtained from Bitcoin.

fireball4

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Quote from: BitcoinPaw on August 31, 2016, 04:12:44 PM

Bitcoin wallet is something new for me and it's good, but anyway banking system is trusted and interesting but now so good for people who is working with cryptocurrencies.

banking is really messed up and it is not trusted at all, besides the fees they take that are enormous i think they can go bankrupt and steal all your money

newcripto

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We can not move fully to Bitcoin as there are limited things we can do with it. Banks are like necessary devil regardless of the issues banking system is most trustworthy around the globe to perform everyday tasks and other transactions. I am using both as I do believe in Bitcoin too and using for online transaction more efficiently than banks. Banks as well as Bitcoin both are necessary at this moment.

Cuhua-hua

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Quote from: Noctis Connor on September 01, 2016, 08:43:17 AM

Quote from: pocarime32 on August 29, 2016, 07:29:29 PM

Both are important in our life. Bank is for keep our money in real life and bitcoin wallet for keep our bitcoin at online. I prefer pick both bank and bitcoin wallet because i use both.

Yup both are important in life for us who uses bitcoin , and also for me because i use bitcoin wallet where i can stock my earning in bitcoin and i use banks where i can sell or the buyer can deposit my money because here in my country our bitcooin wallet we uses are partnered in some banks where they can easily deposit our money

Indeed the bank and also the bitcoin wallet is important to our economy. Because the bank is the most secure place in the funds that we have and also have a clear policy, while the bitcoin. Bitcoin is a very lucrative currency and also give something better than other currencies

Noctis Connor

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Quote from: pocarime32 on August 29, 2016, 07:29:29 PM

Both are important in our life. Bank is for keep our money in real life and bitcoin wallet for keep our bitcoin at online. I prefer pick both bank and bitcoin wallet because i use both.

Yup both are important in life for us who uses bitcoin , and also for me because i use bitcoin wallet where i can stock my earning in bitcoin and i use banks where i can sell or the buyer can deposit my money because here in my country our bitcooin wallet we uses are partnered in some banks where they can easily deposit our money

TastyChillySauce00

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Quote from: klf on August 31, 2016, 11:25:41 PM

Quote from: ImHash on August 31, 2016, 11:09:23 PM

I would chose bitcoin wallet as long as it's a desktop wallet where I can control my coins.
When you think about it it's the best thing to do just turn your fiat in to bitcoins and be your own bank on your own computer or any other device you use.

Still, I feel banks are better secured, and it is just my opinion. Also, I don't keep all my money in the currency which is fluctuating quite a lot on daily basis. But I consider bitcoin as an investment option and put some of my money into it and enjoying the profits and never even think of keeping all my money in bitcoins.

well you're right on your point that banks are more secured to be honest,they have insurance for backing up their client losses,whenever their client just got an inconveniencing problem such as hacked or what else,the banks will replace all the lost as long it can be proven that the one who claim the lost is really losing

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Quote from: BitHodler on September 01, 2016, 06:16:53 AM

Quote from: ashiqdey on September 01, 2016, 05:59:29 AM

I would choose bitcoin wallet because just by keeping bitcoin in wallet will make my money double or triple in a year but bank wallet will not have me 10% also . and there is massive advantage of bitcoin. like trading , faucets, campaign etc.

Your expectations from the price doesn't live up to the reality that we are in nowadays.

We're not in 2010-2011-2012 and even 2013 anymore where it was possible to see the value double or even triple in a year.

Exactly, double or triple value is not possible to achieve in current scenario, price is moving up but with a very slow pace, and even I don't think it will double in next one year.

BitHodler

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Quote from: ashiqdey on September 01, 2016, 05:59:29 AM

I would choose bitcoin wallet because just by keeping bitcoin in wallet will make my money double or triple in a year but bank wallet will not have me 10% also . and there is massive advantage of bitcoin. like trading , faucets, campaign etc.

Your expectations from the price doesn't live up to the reality that we are in nowadays.

We're not in 2010-2011-2012 and even 2013 anymore where it was possible to see the value double or even triple in a year.

ashiqdey

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I would choose bitcoin wallet because just by keeping bitcoin in wallet will make my money double or triple in a year but bank wallet will not have me 10% also . and there is massive advantage of bitcoin. like trading , faucets, campaign etc.

1Referee

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Quote from: klf on August 31, 2016, 11:25:41 PM

Quote from: ImHash on August 31, 2016, 11:09:23 PM

I would chose bitcoin wallet as long as it's a desktop wallet where I can control my coins.
When you think about it it's the best thing to do just turn your fiat in to bitcoins and be your own bank on your own computer or any other device you use.

Still, I feel banks are better secured, and it is just my opinion. Also, I don't keep all my money in the currency which is fluctuating quite a lot on daily basis. But I consider bitcoin as an investment option and put some of my money into it and enjoying the profits and never even think of keeping all my money in bitcoins.

I think people see the fact that their money is secured till a certain amount as a form of safety. And it also is a form of safety, but for the very wealthy people with millions in their bank accounts, they will by far not get their money secured. These are mostly the people that look to invest their money into something.

sobsitesearch

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Quote from: mirakal on September 01, 2016, 01:07:48 AM

Quote from: chineseprancing on August 31, 2016, 11:52:11 PM

Quote from: klf on August 31, 2016, 11:25:41 PM

Quote from: ImHash on August 31, 2016, 11:09:23 PM

I would chose bitcoin wallet as long as it's a desktop wallet where I can control my coins.
When you think about it it's the best thing to do just turn your fiat in to bitcoins and be your own bank on your own computer or any other device you use.

Still, I feel banks are better secured, and it is just my opinion. Also, I don't keep all my money in the currency which is fluctuating quite a lot on daily basis. But I consider bitcoin as an investment option and put some of my money into it and enjoying the profits and never even think of keeping all my money in bitcoins.

That is true that bank is still secured we can say if there is rob our money in the bank we do not have to worry that our money will never recover! Bank has insurance that what ever bad happens come to your money in the custody of bank your money will return to you 100%. While in bitcoin i do not think it can recover it.

The interest you can earn from deposits is not really a big amount but you will let go of that as what you are after is that your savings will be insured. I do that with my finances, I save my money in the bank while my investment were stored in my wallet. Therefore both are useful to me.

That is what i am doing in my financial, i have savings for the security of my money and i also have investment for helping me to have a profit and my money works for me while i am working in my real job.

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