Bank or Bitcoin Wallet? - page 56. | Bitcointalksearch.org

bravehearth0319

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Quote from: sobsitesearch on August 18, 2016, 07:07:08 AM

For the security of our money no doubt to choose bank because it has insurance while in bitcoin there is no security of your investment but the risk you have will cover up by the return of your investment if the value of bitcoin will going to increase in the future.

Atleast you the advantage of having a bitcoin,.. As far as I observed here majority most of the member in this community they don't care if this is risky, They looking forward in a positive way WHAT IF BITCOIN GOES UP TO 1000$, therefore they will go for bitcoin wallet including myself. Though I'm not saying that banks are not good, Its not like that.

chaosknight

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Quote from: bravehearth0319 on August 22, 2016, 04:33:52 AM

Quote from: freedomgo on August 22, 2016, 04:09:19 AM

Quote from: John Constantine on August 21, 2016, 12:54:31 AM

I think that both work well in different situations, for different purposes.

It has a unique purpose but both can help us so we need them both, banks will protect us as it is guided by the laws of a certain country so we are more secured than bitcoin, but bitcoin can provide us a good profit from our investment compared to banks so it is both important.

Yeah right, there both usefull actualy, but when it comes to the satisfaction to the user it is much better in bitcoin wallet than a bank. though they will feel both satisfaction in it but the average is bitcoin wallet is leading, because of their different charges fee and conveniety.

Bitcoin wallet is good because your money in your hands and you can access it whenever you want and the best thing about bitcoin wallet is there is no "bank holiday" in it, you can transact 24/7.

bravehearth0319

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Quote from: freedomgo on August 22, 2016, 04:09:19 AM

Quote from: John Constantine on August 21, 2016, 12:54:31 AM

I think that both work well in different situations, for different purposes.

It has a unique purpose but both can help us so we need them both, banks will protect us as it is guided by the laws of a certain country so we are more secured than bitcoin, but bitcoin can provide us a good profit from our investment compared to banks so it is both important.

Yeah right, there both usefull actualy, but when it comes to the satisfaction to the user it is much better in bitcoin wallet than a bank. though they will feel both satisfaction in it but the average is bitcoin wallet is leading, because of their different charges fee and conveniety.

bravehearth0319

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Quote from: sana9821 on October 04, 2015, 12:37:00 PM

i would choose to use bitcoin wallet and have all my money as bitcoins though bitcoin price is really fluctuating so it would be a little bit risky i guess

But even its a little bit risky, we still have no doubts about in bitcoin right? It is because we believed that our long time waiting will be turn in terms of good harvesting in bitcoins. It will really sure be rise up. Thats why Bitcoin wallet is very trusted and ha no hassle to use. and very secured than a bank really.

freedomgo

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Quote from: John Constantine on August 21, 2016, 12:54:31 AM

I think that both work well in different situations, for different purposes.

It has a unique purpose but both can help us so we need them both, banks will protect us as it is guided by the laws of a certain country so we are more secured than bitcoin, but bitcoin can provide us a good profit from our investment compared to banks so it is both important.

John Constantine

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I think that both work well in different situations, for different purposes.

JeffBrad12

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Quote from: sobsitesearch on August 18, 2016, 07:07:08 AM

For the security of our money no doubt to choose bank because it has insurance while in bitcoin there is no security of your investment but the risk you have will cover up by the return of your investment if the value of bitcoin will going to increase in the future.

I do not rely on insurance if I saving my money in the bank because a lot of the insurance in my country just offering a bullshit and difficult for doing a claiming and always needing their customer to fill up a lot of requirements.

ayesha sadiqa

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to me in present time both have the same importance because in present time we cannot afford to reject banks and totally depend on bitcoin wallet, because banks has so much importance in our daily life, we pay the fee of our children through banks we also pay the utility bills using banks, and for so many other purposes, therefore to me banks and bitcoin wallet have same importance in my life.

Supercrypt

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Quote from: sobsitesearch on August 18, 2016, 07:07:08 AM

For the security of our money no doubt to choose bank because it has insurance while in bitcoin there is no security of your investment but the risk you have will cover up by the return of your investment if the value of bitcoin will going to increase in the future.

Yes, you’re right, banks are better to protect, secure your money and you don’t have to worry about being scammed when you choose bank to keep your money and that’s what bitcoin wallet can’t do very well.

However, if you’re don’t mind the risk very much then bitcoin will be the best choice for you to keep, receive and transfer money, and moreover you can even earn a bit from the bitcoin you have when its price doesn’t stop rising.

Hadirezaei

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As with any investment capacity of Bitcoin currency banks will have to achieve, and this requires time and can be expensive
And it is we who must promote culture Roll Eyes

socks435

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Quote from: SANALIU on August 18, 2016, 01:43:39 PM

if saving iam choose bank because is save and guaranted in my goverment in my country
but investment to growth my money iam choose bitcoin wallet
is simple trading to get return , send and receive bitcoin is simple too

Yeah right its not so safe in online if we want to save our money in bitcoin we are just using bitcoin in business online unlike saving money in banks..
Bitcoin is a good thing if you want to make a profit in the future. banks for safety savings..

SANALIU

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if saving iam choose bank because is save and guaranted in my goverment in my country
but investment to growth my money iam choose bitcoin wallet
is simple trading to get return , send and receive bitcoin is simple too

GamingBro

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People are free to choose what they like more, for me both of them is good, people who talking that banks is shit and bitcoin is better very often don't even tried to use bitcoins Grin

crairezx20

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Quote from: greatr on August 18, 2016, 01:13:12 PM

Quote from: sobsitesearch on August 18, 2016, 07:07:08 AM

For the security of our money no doubt to choose bank because it has insurance while in bitcoin there is no security of your investment but the risk you have will cover up by the return of your investment if the value of bitcoin will going to increase in the future.

bitcoin wallet is way more secure in my opinion though banks are still need to be used i order to make payments online or in real life

I think you are wrong banks will be still remain safe if we are compairing in security.. bitcoin is luck f knowlege if we are use bitcoin to deal to someone we didnt know there is possibility that you will experience of scam. because anytime they can run unlike using banks or credit card by the banks.. that high secured that you can know all about there,.

greatr

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Quote from: sobsitesearch on August 18, 2016, 07:07:08 AM

For the security of our money no doubt to choose bank because it has insurance while in bitcoin there is no security of your investment but the risk you have will cover up by the return of your investment if the value of bitcoin will going to increase in the future.

bitcoin wallet is way more secure in my opinion though banks are still need to be used i order to make payments online or in real life

icecube45

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Quote from: VanDeinsberg12 on August 18, 2016, 07:07:40 AM

Quote from: peta4e on August 18, 2016, 07:02:22 AM

Quote from: TastyChillySauce00 on August 18, 2016, 03:57:12 AM

Quote from: raphma on August 17, 2016, 11:33:42 AM

Quote from: mirakal on August 17, 2016, 02:37:43 AM

Without fiat we cannot transact easily online

but.. but.. bitcorn is designed for that.
how could fiat be easier?

well i guess he's talking about credit card or debit card which is nowaday still better for buying things online because it doesn't need confirmation or what else,but it's still lack of security,once people known his credit card data,then probably the credit card will be used for illegal activities

Yeah that is an major issue with credit card, it lacks security features as its very easy to get the details of credit and it can be used by third party for fraud transactions.

if the credit card getting used by fraudster and the owner immediatelly call their bank's customer service the money will be credited back,that's why people who want to sign up in bank need to pay for insurance,it's to prevent from this

Yeah right bank have insurance that can guarantee our money. There are many systems of banks that we can use for the security of the money we save, but the shortage of bank is the amount of monthly fee. If bitcoin, maybe my opinion is better used for investment because we can take advantage of fluctuations.

mirakal

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Quote from: danherbias07 on August 18, 2016, 07:38:23 AM

Quote from: peta4e on August 18, 2016, 07:02:22 AM

Quote from: TastyChillySauce00 on August 18, 2016, 03:57:12 AM

Quote from: raphma on August 17, 2016, 11:33:42 AM

Quote from: mirakal on August 17, 2016, 02:37:43 AM

Without fiat we cannot transact easily online

but.. but.. bitcorn is designed for that.
how could fiat be easier?

well i guess he's talking about credit card or debit card which is nowaday still better for buying things online because it doesn't need confirmation or what else,but it's still lack of security,once people known his credit card data,then probably the credit card will be used for illegal activities

Yeah that is an major issue with credit card, it lacks security features as its very easy to get the details of credit and it can be used by third party for fraud transactions.

We know that in United State it scattered on how this thing is getting hacked and even in Youtube it is made step by step. Damn people who just wants to terrorize even with the means of credit cards.

Well, in my case that is not my worry because I have already stop using credit card a long time ago when I was not able to pay my due. I wish the credit card company have already write off my credit so they will not collect anymore.

danherbias07

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Quote from: peta4e on August 18, 2016, 07:02:22 AM

Quote from: TastyChillySauce00 on August 18, 2016, 03:57:12 AM

Quote from: raphma on August 17, 2016, 11:33:42 AM

Quote from: mirakal on August 17, 2016, 02:37:43 AM

Without fiat we cannot transact easily online

but.. but.. bitcorn is designed for that.
how could fiat be easier?

well i guess he's talking about credit card or debit card which is nowaday still better for buying things online because it doesn't need confirmation or what else,but it's still lack of security,once people known his credit card data,then probably the credit card will be used for illegal activities

Yeah that is an major issue with credit card, it lacks security features as its very easy to get the details of credit and it can be used by third party for fraud transactions.

We know that in United State it scattered on how this thing is getting hacked and even in Youtube it is made step by step. Damn people who just wants to terrorize even with the means of credit cards.

VanDeinsberg12

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Activity: 1540

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Quote from: peta4e on August 18, 2016, 07:02:22 AM

Quote from: TastyChillySauce00 on August 18, 2016, 03:57:12 AM

Quote from: raphma on August 17, 2016, 11:33:42 AM

Quote from: mirakal on August 17, 2016, 02:37:43 AM

Without fiat we cannot transact easily online

but.. but.. bitcorn is designed for that.
how could fiat be easier?

well i guess he's talking about credit card or debit card which is nowaday still better for buying things online because it doesn't need confirmation or what else,but it's still lack of security,once people known his credit card data,then probably the credit card will be used for illegal activities

Yeah that is an major issue with credit card, it lacks security features as its very easy to get the details of credit and it can be used by third party for fraud transactions.

if the credit card getting used by fraudster and the owner immediatelly call their bank's customer service the money will be credited back,that's why people who want to sign up in bank need to pay for insurance,it's to prevent from this

sobsitesearch

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Activity: 406

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For the security of our money no doubt to choose bank because it has insurance while in bitcoin there is no security of your investment but the risk you have will cover up by the return of your investment if the value of bitcoin will going to increase in the future.

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