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Topic: Bank or Bitcoin Wallet? - page 47. (Read 230503 times)

sr. member
Activity: 447
Merit: 250
August 30, 2016, 08:52:46 AM
I would put half in the bank and half in Bitcoin.
the same for me, i think both of them are kinda safe and i dont need to search any other alternatives though i like bitcoins more to be honest
hero member
Activity: 952
Merit: 500
August 29, 2016, 09:12:21 PM
I would put half in the bank and half in Bitcoin.
That is better, knowing your plan let me conclude that you trust bitcoin. It is very rare to see people trusting half of their assets in bitcoin and we know how risky doing that since anytime our money will be lost due to some hacking but I commend you doing that as you will also be rewarded for your faith.
legendary
Activity: 896
Merit: 1000
Louis Vuitton
August 29, 2016, 09:01:42 PM
I would put half in the bank and half in Bitcoin.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
August 29, 2016, 08:56:11 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.

I agree with you they are both useful and we don't have to choose only one from them. It is better if you are going to choose both as we are in bitcoin industry. They are going to play an important role as you are going to store your bitcoin in your wallet and the banks are the one responsible for the currency exchange of a country.
Bitcoin cannot be strong alone, they need bank for their supporters to support them, with bank it would easy for us to spend our bitcoin because we have a choice to convert our bitcoins into fiat which is the most acceptable in this world, bitcoin needs time to be dominant in this world.
hero member
Activity: 756
Merit: 501
August 29, 2016, 08:39:08 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.
The services banks provides to their costumers are far away to be cheap, but they charge high because people who dont honor their loans, with bitcoin its freedom and i do like it but i cant ask for a loan and repay over 12 months as banks allows.
legendary
Activity: 2940
Merit: 1083
August 29, 2016, 08:36:15 PM
Bitcoin made an option for some people. We all just use banks. We keep our money there. Have you tried to ask yourself what do they do to your money for them to keep the bank running?
Yes what you are thinking now is right. They are investing it also.
Bitcoin is now providing you both. You keep your money and you are invested. So why still pick a bank where they will be the only one profiting using your money not theirs.
full member
Activity: 144
Merit: 100
August 29, 2016, 07:41:34 PM
I use both, saving bitcoin to sell at highest price and saving fiat currency in the bank to buy bitcoin at lowest price, when the time is right.
i have to use both too unfortunately, but my main money are in bitcoins only as it is the perfect currency
sr. member
Activity: 420
Merit: 250
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.
hero member
Activity: 1008
Merit: 540
August 29, 2016, 07:26:33 PM
bank and bitcoin wallet have their own importance and value. we cannot ignore the importance of both wallet and banks.

Yeha yeah men bitcoin wallet have their on own special tasks therefore bitcoin is a curency where you can use it to invest your money or by trading while banks are now in the long ran people may be choose banks because it can do more than bitcoin wallet banks cards can do shopping you can use it to pay your items
sr. member
Activity: 382
Merit: 250
August 28, 2016, 02:26:17 AM
I will prefer to choose both of them as we need banks to save our money in a safest way and bitcoin is the best when it comes to access your money anytime you want.
That's true I agree with this, because I have both and both are useful, for me I can easily transfer money in my bank using my bitcoin wallet and it is hassle free. So I recommend both.  Smiley
Yeah, they both are good in their own place which means bank is for fiat currency and provides all the essential services to there customers and bitcoin wallets are bitcoin and is  good in its own place so both plays equal vital role in their own place !
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
August 28, 2016, 02:22:08 AM
I will prefer to choose both of them as we need banks to save our money in a safest way and bitcoin is the best when it comes to access your money anytime you want.
That's true I agree with this, because I have both and both are useful, for me I can easily transfer money in my bank using my bitcoin wallet and it is hassle free. So I recommend both.  Smiley
If we take the bank in our life we will be having a hard time to use our money or cash out our bitcoins into fiat. Bank is necessary in the current time as bitcoin is not that popular and stable, we need to rely to bank to effectively use our money in investment or in savings.
hero member
Activity: 980
Merit: 500
August 28, 2016, 01:59:44 AM
I will prefer to choose both of them as we need banks to save our money in a safest way and bitcoin is the best when it comes to access your money anytime you want.
That's true I agree with this, because I have both and both are useful, for me I can easily transfer money in my bank using my bitcoin wallet and it is hassle free. So I recommend both.  Smiley
hero member
Activity: 1834
Merit: 523
August 27, 2016, 09:01:45 PM
I think bitcoin wallet because when bitcoin price is increasing my money also increasing
Bank my money not increase
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
August 27, 2016, 08:53:16 PM
I use both, saving bitcoin to sell at highest price and saving fiat currency in the bank to buy bitcoin at lowest price, when the time is right.

Yeah and we need both of them as we cannot use bitcoins directly at a moment, so we need to convert them and transfer to our bank account so that we can withdraw fiat from banks or ATM.
Maybe a lot of people is using this way, the limitations of latitude for using bitcoin is become important things. I think there is no another way from just converting the BTC into fiat balance and can withdraw that into the bank's ATM.
legendary
Activity: 1232
Merit: 1091
August 27, 2016, 06:41:39 PM
It's good to have both accounts until Bitcoin is turned into the world's reserve currency. ofcourse BTC wallet would be better if btc would be accepted at major businesses like ebay or Walmart.Those days are not too far when we each and every business adopt bitcoin as a currenct.

Bitcoin will never be the reserve currency of the world. What's wrong with Bitcoin just being an alternative that people are constantly talking about replacing all kinds of things. Bitcoin doesn't need to replace anything in order to do what it's doing best.
sr. member
Activity: 532
Merit: 250
August 27, 2016, 06:30:08 PM
It's good to have both accounts until Bitcoin is turned into the world's reserve currency. ofcourse BTC wallet would be better if btc would be accepted at major businesses like ebay or Walmart.Those days are not too far when we each and every business adopt bitcoin as a currenct.

It is indeed quite correct ", because if in the future the bitcoin incompatible expectations we want. Then we will not get a sizable loss of every step we do. So this is something that must be done, indeed if we weren't confident against future bitcoin. It's adoption I think it would do the next few years, because now a lot of companies already accept bitcoin and already gives a good effect in the growth of the bitcoin
newbie
Activity: 31
Merit: 0
August 27, 2016, 04:13:49 PM
It's good to have both accounts until Bitcoin is turned into the world's reserve currency. ofcourse BTC wallet would be better if btc would be accepted at major businesses like ebay or Walmart.Those days are not too far when we each and every business adopt bitcoin as a currenct.
hero member
Activity: 2576
Merit: 586
August 27, 2016, 03:46:15 PM
Btc wallet is more trustable as it comes with anonymity guarantee and fast service option.

bitcoin is semi-anonymous as some people like to call it. that being said, you are responsible for the level of anonymity of each of your trasnactions and bitcoin addresses. if you have verified yourself on an exchange with all your personal information, and you buy bitcoin and send it to your bitcoin address, then the exchange in question can link your name to your address. then basically everything that comes in, and goes out, is being watched if they so wish.
Pseudonymous would be a proper term. And yes, in terms of keeping identity, bitcoin wallet is highly superior since you don't really need to give up any sort of information about you to have a wallet.

With banks however, your assets are safer since it's value won't change unlike in bitcoin. I'd still prefer to have a majority of my asset in bank because it's value is as it is.
hero member
Activity: 658
Merit: 500
August 27, 2016, 03:23:05 PM
I use both, saving bitcoin to sell at highest price and saving fiat currency in the bank to buy bitcoin at lowest price, when the time is right.
the same for me, buying small and selling high is a really great thing to do because it allows you to make some good profit without too much efforts
legendary
Activity: 1008
Merit: 1000
August 27, 2016, 11:45:02 AM
I use both, saving bitcoin to sell at highest price and saving fiat currency in the bank to buy bitcoin at lowest price, when the time is right.

Yeah and we need both of them as we cannot use bitcoins directly at a moment, so we need to convert them and transfer to our bank account so that we can withdraw fiat from banks or ATM.
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