i rather choose bank because i feel its more secure. I use bitcoin for my investment and after that i cashout and deposit to my bank account to secure my money.
True both have their respective roles that I've found useful. Banks can save our money with security so it is suitable to keep money in the bank. And I use bitcoin for investment because we can take advantage of the fluctuations of bitcoin so it can be profitable. 
Topic: Bank or Bitcoin Wallet? - page 65. (Read 230503 times)
i rather choose bank because i feel its more secure. I use bitcoin for my investment and after that i cashout and deposit to my bank account to secure my money.
Exchange sites is almost like bank though you just don't earn interest when you store btc to them every year but somehow its like a bank, same thing when you store btc/coins on some online wallet. but a lot of us prefer to leave our coin on exchanges particularly traders.
i agree with you because you gonna hold you bitcoin in that exchange website where you can sell your bitcoin or exchange your bitcoin into fiat so that in future you can use it , like here in my country (for me ) im using one of the best bitcoin wallet ever because we can easily sell our bitcoin and then they going to deposit our money in bank That is what I learned too from what happened to bitfinex. Whether they have been hacked or they hacked themselves, I know we cannot trust others to hold or store our precious coins.
Yeah so I think more options on how to store bitcoin should be made. There is no guarantee specially when it is an.online currency wallet.
Exchange sites is almost like bank though you just don't earn interest when you store btc to them every year but somehow its like a bank, same thing when you store btc/coins on some online wallet. but a lot of us prefer to leave our coin on exchanges particularly traders.
i agree with you because you gonna hold you bitcoin in that exchange website where you can sell your bitcoin or exchange your bitcoin into fiat so that in future you can use it , like here in my country (for me ) im using one of the best bitcoin wallet ever because we can easily sell our bitcoin and then they going to deposit our money in bank That is what I learned too from what happened to bitfinex. Whether they have been hacked or they hacked themselves, I know we cannot trust others to hold or store our precious coins.
I have both in this moment, who would say? Year ago I didn't know nothing about bitcons, now I have wallet and few dollars in there.
Its easy choice I have bank account and I use it in my country where ever I wish, bitcoin wallet is still developing, I use it to keep my earnings there. I still didn't use it to buy things or earn even more. Bank card worth much more to me, I don't know what would I do without it.
Well we can't deny that there are security interrupt in both of it even in bitcoin wallet or bank. Because their eyes are after the money that they are going to enjoy it. But good about the banks are that they have insurance and you have the rights to blame them if someone penetrated to their system it is their negligence.
I have both in this moment, who would say? Year ago I didn't know nothing about bitcons, now I have wallet and few dollars in there.
Its easy choice I have bank account and I use it in my country where ever I wish, bitcoin wallet is still developing, I use it to keep my earnings there. I still didn't use it to buy things or earn even more. Bank card worth much more to me, I don't know what would I do without it.
I have both in this moment, who would say? Year ago I didn't know nothing about bitcons, now I have wallet and few dollars in there.
Its easy choice I have bank account and I use it in my country where ever I wish, bitcoin wallet is still developing, I use it to keep my earnings there. I still didn't use it to buy things or earn even more. Bank card worth much more to me, I don't know what would I do without it.
I have both in this moment, who would say? Year ago I didn't know nothing about bitcons, now I have wallet and few dollars in there.
Its easy choice I have bank account and I use it in my country where ever I wish, bitcoin wallet is still developing, I use it to keep my earnings there. I still didn't use it to buy things or earn even more. Bank card worth much more to me, I don't know what would I do without it.
I have both in this moment, who would say? Year ago I didn't know nothing about bitcons, now I have wallet and few dollars in there.
Its easy choice I have bank account and I use it in my country where ever I wish, bitcoin wallet is still developing, I use it to keep my earnings there. I still didn't use it to buy things or earn even more. Bank card worth much more to me, I don't know what would I do without it.
Exchange sites is almost like bank though you just don't earn interest when you store btc to them every year but somehow its like a bank, same thing when you store btc/coins on some online wallet. but a lot of us prefer to leave our coin on exchanges particularly traders.
i agree with you because you gonna hold you bitcoin in that exchange website where you can sell your bitcoin or exchange your bitcoin into fiat so that in future you can use it , like here in my country (for me ) im using one of the best bitcoin wallet ever because we can easily sell our bitcoin and then they going to deposit our money in bank I agree it is the best option to let you have full control of your money. there are lots of things that happen when you store your money to banks or other people. It might be gone before you know it. Bank sometimes goes bancrupt and the amount refundable is very limited that those who have a huge amount of money deposited in it can just get a fraction of that money.
Exchange sites is almost like bank though you just don't earn interest when you store btc to them every year but somehow its like a bank, same thing when you store btc/coins on some online wallet. but a lot of us prefer to leave our coin on exchanges particularly traders.
i agree with you because you gonna hold you bitcoin in that exchange website where you can sell your bitcoin or exchange your bitcoin into fiat so that in future you can use it , like here in my country (for me ) im using one of the best bitcoin wallet ever because we can easily sell our bitcoin and then they going to deposit our money in bank 
Exchange sites is almost like bank though you just don't earn interest when you store btc to them every year but somehow its like a bank, same thing when you store btc/coins on some online wallet. but a lot of us prefer to leave our coin on exchanges particularly traders.
But that's right the exchange site is like a bank but need to underline if you losing your funds in them, whether a guarantee for that? because that is very important. traders I prefer to leave their coins in exchanges because they consider about the fees they will get if making any transaction. maybe just a little but for a long time it's very enough amount.
It is your own risk to store bitcoins in an exchange, there has been plenty of warning not to, and people always ignore it.
Exchange sites did better used just for trading, and after that we have to quickly move all the funds that we use for trading (when finished) in order not to experience it. This may be a bit of a drain of funds we have, but this is the best way to secure a bitcoin
Exchange sites is almost like bank though you just don't earn interest when you store btc to them every year but somehow its like a bank, same thing when you store btc/coins on some online wallet. but a lot of us prefer to leave our coin on exchanges particularly traders.
i agree with you because you gonna hold you bitcoin in that exchange website where you can sell your bitcoin or exchange your bitcoin into fiat so that in future you can use it , like here in my country (for me ) im using one of the best bitcoin wallet ever because we can easily sell our bitcoin and then they going to deposit our money in bank 
Exchange sites is almost like bank though you just don't earn interest when you store btc to them every year but somehow its like a bank, same thing when you store btc/coins on some online wallet. but a lot of us prefer to leave our coin on exchanges particularly traders.
But that's right the exchange site is like a bank but need to underline if you losing your funds in them, whether a guarantee for that? because that is very important. traders I prefer to leave their coins in exchanges because they consider about the fees they will get if making any transaction. maybe just a little but for a long time it's very enough amount.
It is your own risk to store bitcoins in an exchange, there has been plenty of warning not to, and people always ignore it.
Bitcoin wallet would be my first choice. To me a wallet is like a bank where I can deposit or withdraw my btc at will at anytime.
Exchange sites is almost like bank though you just don't earn interest when you store btc to them every year but somehow its like a bank, same thing when you store btc/coins on some online wallet. but a lot of us prefer to leave our coin on exchanges particularly traders.
But that's right the exchange site is like a bank but need to underline if you losing your funds in them, whether a guarantee for that? because that is very important. traders I prefer to leave their coins in exchanges because they consider about the fees they will get if making any transaction. maybe just a little but for a long time it's very enough amount.
Exchange sites is almost like bank though you just don't earn interest when you store btc to them every year but somehow its like a bank, same thing when you store btc/coins on some online wallet. but a lot of us prefer to leave our coin on exchanges particularly traders.
But that's right the exchange site is like a bank but need to underline if you losing your funds in them, whether a guarantee for that? because that is very important. traders I prefer to leave their coins in exchanges because they consider about the fees they will get if making any transaction. maybe just a little but for a long time it's very enough amount.
I dont know what is really better betweenthe two but I think I would prefer a bank because not all the time my money would be safe if it would turn into bitcoin and placed on bitcoin wallet if ever my money lost because of the security malfunction the dev of the bitcoin wallet will never be responsible for the lost not like in the bank they would pay if ever they have lost the security on my money .
I think you already answer what is the best between the two and you choose what is the best the BANK because it has a security what ever bad happen comes to the bank your money will get back because of the insurance while in bitcoin you also correct the dev of bitcoin wallet are not responsible for the lost that is why it is too risky to store money in bitcoin wallet.For me, I'm treating bitcoin is the same with real money and I'm saving it to my bitcoin wallet and upon selling it that equivalent fiat money I'm saving it to my savings bank account.
That's why they are both important to me because they are giving me both convenience and good benefits upon using their services.
I dont know what is really better betweenthe two but I think I would prefer a bank because not all the time my money would be safe if it would turn into bitcoin and placed on bitcoin wallet if ever my money lost because of the security malfunction the dev of the bitcoin wallet will never be responsible for the lost not like in the bank they would pay if ever they have lost the security on my money .
I think you already answer what is the best between the two and you choose what is the best the BANK because it has a security what ever bad happen comes to the bank your money will get back because of the insurance while in bitcoin you also correct the dev of bitcoin wallet are not responsible for the lost that is why it is too risky to store money in bitcoin wallet.
I dont know what is really better betweenthe two but I think I would prefer a bank because not all the time my money would be safe if it would turn into bitcoin and placed on bitcoin wallet if ever my money lost because of the security malfunction the dev of the bitcoin wallet will never be responsible for the lost not like in the bank they would pay if ever they have lost the security on my money .
I think you already answer what is the best between the two and you choose what is the best the BANK because it has a security what ever bad happen comes to the bank your money will get back because of the insurance while in bitcoin you also correct the dev of bitcoin wallet are not responsible for the lost that is why it is too risky to store money in bitcoin wallet.Jump to: