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Topic: Bank or Bitcoin Wallet? - page 67. (Read 230520 times)

legendary
Activity: 1638
Merit: 1046
August 08, 2016, 11:08:03 AM
If you ask me I would rather choose bitcoin wallet..why because I risky.. The bank could liquidate and stop operations. That could be risky having your money there...but bitcoin wallet is secure and your money is guarantee save...and its there for you to use etc
all banks are insure and the governments are monitoring them all the time, very rare chance that your money will be lost in banks, every in case of bank robbery you are not going to lose your money the banks are responsible for your money, but what about wallet if some one hack your wallet, what will you do then?
Yeah banks are safe than bitcoin and yeah you have no guarantee in bitcoin if someone hack your account unlike banks that you account is protected and if they rob by someone its not your fault they will give it to yo back..
sr. member
Activity: 281
Merit: 250
August 08, 2016, 10:54:10 AM
If you ask me I would rather choose bitcoin wallet..why because I risky.. The bank could liquidate and stop operations. That could be risky having your money there...but bitcoin wallet is secure and your money is guarantee save...and its there for you to use etc
all banks are insure and the governments are monitoring them all the time, very rare chance that your money will be lost in banks, every in case of bank robbery you are not going to lose your money the banks are responsible for your money, but what about wallet if some one hack your wallet, what will you do then?
hero member
Activity: 1036
Merit: 520
August 08, 2016, 10:49:47 AM
If you ask me I would rather choose bitcoin wallet..why because I risky.. The bank could liquidate and stop operations. That could be risky having your money there...but bitcoin wallet is secure and your money is guarantee save...and its there for you to use etc
Not if a security issue I choose a bank because the bank has a security guarantee could reimburse us if lost. While bitcoin wallet can not. Bitcoin wallet only to invest in my opinion and the bank to save money. Both have their uses each were very helpful.
But why must there a people very dislike about that? the both of them is very useful and they do not believe about that and keep their believe and glamorize a one parties. Maybe I can call this is so fanatic but the never realize about the real condition if the both of them is covering other. like the bank cover the disadvantages of bitcoin.

to each their own.
both of these options are good viable options that we all use and like whether some of us admits or or not we are all using banks and bitcoins both and enjoy the services they offer us.
legendary
Activity: 3360
Merit: 1035
Leading Crypto Sports Betting & Casino Platform
August 08, 2016, 10:44:08 AM
If you ask me I would rather choose bitcoin wallet..why because I risky.. The bank could liquidate and stop operations. That could be risky having your money there...but bitcoin wallet is secure and your money is guarantee save...and its there for you to use etc
Not if a security issue I choose a bank because the bank has a security guarantee could reimburse us if lost. While bitcoin wallet can not. Bitcoin wallet only to invest in my opinion and the bank to save money. Both have their uses each were very helpful.
But why must there a people very dislike about that? the both of them is very useful and they do not believe about that and keep their believe and glamorize a one parties. Maybe I can call this is so fanatic but the never realize about the real condition if the both of them is covering other. like the bank cover the disadvantages of bitcoin.
sr. member
Activity: 462
Merit: 250
August 08, 2016, 10:38:28 AM
If you ask me I would rather choose bitcoin wallet..why because I risky.. The bank could liquidate and stop operations. That could be risky having your money there...but bitcoin wallet is secure and your money is guarantee save...and its there for you to use etc
it is a different point of view. I look better bank because the bank is guaranteed by the government. if the bank ceased to operate, the government would take over the bank. the government will pay the money we save in the bank. for me it is much more secure and reliable.

Everybody has their own choice. Some people find Bank good and some people likes Bitcoin wallet. Its depends on whatkind of money you have, Who don't about bitcoin that people will like bank. We love Bitcoin wallet, because we understand how Bitcoin works. those people does not know how it works.
legendary
Activity: 1596
Merit: 1011
August 08, 2016, 10:33:39 AM
If you ask me I would rather choose bitcoin wallet..why because I risky.. The bank could liquidate and stop operations. That could be risky having your money there...but bitcoin wallet is secure and your money is guarantee save...and its there for you to use etc
it is a different point of view. I look better bank because the bank is guaranteed by the government. if the bank ceased to operate, the government would take over the bank. the government will pay the money we save in the bank. for me it is much more secure and reliable.
legendary
Activity: 896
Merit: 1000
August 08, 2016, 10:23:19 AM
If you ask me I would rather choose bitcoin wallet..why because I risky.. The bank could liquidate and stop operations. That could be risky having your money there...but bitcoin wallet is secure and your money is guarantee save...and its there for you to use etc
Not if a security issue I choose a bank because the bank has a security guarantee could reimburse us if lost. While bitcoin wallet can not. Bitcoin wallet only to invest in my opinion and the bank to save money. Both have their uses each were very helpful.

the money that we have in our (my country) bank accounts are secured till an amount of €100,000 by the government in case a bank will collapse. everything above the €100,000 will be lost for good. that's why you should at all times spread your money. basically the same goes up for bitcoins that we have in cold storage. it's better to have 3 wallets containing all your coins instead of just one wallet. better safe than sorry.
full member
Activity: 187
Merit: 100
August 08, 2016, 10:17:10 AM
If you ask me I would rather choose bitcoin wallet..why because I risky.. The bank could liquidate and stop operations. That could be risky having your money there...but bitcoin wallet is secure and your money is guarantee save...and its there for you to use etc
Not if a security issue I choose a bank because the bank has a security guarantee could reimburse us if lost. While bitcoin wallet can not. Bitcoin wallet only to invest in my opinion and the bank to save money. Both have their uses each were very helpful.
i think both of the are equally important... banks are much safer in the comparison of the BTC wallets, the security level are high, but the transaction time in banks are high... they take a long time to process your money but in BTC we can send or receive within the seconds... so both of them are important
Cryptocurrency and banks have a lot to do for people who work on the Internet. If the goal for the bitcoin earnings, the bank is a system to store their money. In other words, the electronic purse confidence less than the banks.
hero member
Activity: 700
Merit: 500
August 08, 2016, 10:10:11 AM
If you ask me I would rather choose bitcoin wallet..why because I risky.. The bank could liquidate and stop operations. That could be risky having your money there...but bitcoin wallet is secure and your money is guarantee save...and its there for you to use etc
Not if a security issue I choose a bank because the bank has a security guarantee could reimburse us if lost. While bitcoin wallet can not. Bitcoin wallet only to invest in my opinion and the bank to save money. Both have their uses each were very helpful.
i think both of the are equally important... banks are much safer in the comparison of the BTC wallets, the security level are high, but the transaction time in banks are high... they take a long time to process your money but in BTC we can send or receive within the seconds... so both of them are important
legendary
Activity: 1218
Merit: 1000
August 08, 2016, 08:52:34 AM
If you ask me I would rather choose bitcoin wallet..why because I risky.. The bank could liquidate and stop operations. That could be risky having your money there...but bitcoin wallet is secure and your money is guarantee save...and its there for you to use etc
Not if a security issue I choose a bank because the bank has a security guarantee could reimburse us if lost. While bitcoin wallet can not. Bitcoin wallet only to invest in my opinion and the bank to save money. Both have their uses each were very helpful.
sr. member
Activity: 334
Merit: 250
August 08, 2016, 08:10:44 AM
If you ask me I would rather choose bitcoin wallet..why because I risky.. The bank could liquidate and stop operations. That could be risky having your money there...but bitcoin wallet is secure and your money is guarantee save...and its there for you to use etc
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
August 08, 2016, 05:24:31 AM
Banks are not necessary. Banks are simply there to scam you out of your life savings, by using their fractional reserve schemes.

I believe in bitcoin.
to be honest i like how bank can save and secure my money and makes me not worrying about it but the way they get some profit out of it just like a robber ,makes poor people even poor and rich even richer,for the rich they'll get loan very easy as talking and being approved
legendary
Activity: 1092
Merit: 1000
GATCOIN : The New Currency Of Digital Marketing
August 08, 2016, 05:04:04 AM
Banks are not necessary. Banks are simply there to scam you out of your life savings, by using their fractional reserve schemes.

I believe in bitcoin.
sr. member
Activity: 714
Merit: 250
August 08, 2016, 04:57:50 AM
If you savety you can must Bank
but you wanth growth your money your can choose bitcoin transaction and trade
you collect and earn bitcoin exchange fiat money saving to bank

True bitcoin bank and each has different uses. We can save money safely in the bank with a guarantee of security, and we can double the profits with bitcoin because it is one good investment.
full member
Activity: 137
Merit: 100
August 08, 2016, 04:12:09 AM
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.

i like both, as my money will be much safer in bank than in bitcoins wallet, but you can earn from holding them in wallet because of random bitcoin price changes
hero member
Activity: 714
Merit: 500
August 08, 2016, 03:23:02 AM
I will prefer to use both of them as both are important for me, bank is helping me in getting  big amount of loan from it which is not possible with bitcoin at a moment.
sr. member
Activity: 644
Merit: 261
August 08, 2016, 03:05:26 AM
I would still choose bank over bitcoin wallet because in the bank I know that money is secure and in case the bank lost my money like there's a bank robbery then I know that I can still claim my money because of the insurance unlike in bitcoin if my wallet will be hacked then it will be gone forever. I can't get it back. Besides bank is the one widely used nowadays and if I deposit my money there, I can help people who need money by having a loan in the bank.
full member
Activity: 252
Merit: 100
August 07, 2016, 10:44:44 PM
If you savety you can must Bank
but you wanth growth your money your can choose bitcoin transaction and trade
you collect and earn bitcoin exchange fiat money saving to bank
hero member
Activity: 1344
Merit: 565
Leading Crypto Sports Betting & Casino Platform
August 07, 2016, 10:38:48 PM
If i had a chance to choose to save $10k usd i will choose to save it in bank instead of bitcoin wallet because it may reduce or it may hack easily unlike in banks your money is safe and they can not hack it easily.. bt the good benefits of bitcoin is price increasing.. but its still risky we dont know when the price will increase or decrease.. bitcoin is unpredictable.. so banks is better and saving..
hero member
Activity: 756
Merit: 502
August 07, 2016, 10:35:33 PM
Banks has a lot of beneficts, but they control your money, soo its something i dont like to let my money in others hands, with bitcoin i have plenty control no bank or country can limit my transactions.

That's normal, the bank doesn't push you to deposit your money to them, and when you do it, you agree to the terms and agreement...As far as I know you can withdraw money from the bank if you want to and they issue ATM card that you can use if you need money in case the bank is close, besides, it is a good way to discipline us not to just withdraw money for no reason...

bank use our money to helping people with loan and lending system, in this case we help the country's economy by lending our money to other, then bank give some you interest, i think this is normal, the problem is if our goverment bank get bankrupt like Greece we can't use our money.
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