Topic: Bank or Bitcoin Wallet? - page 76. (Read 230520 times)

Quote from: potatopower on July 27, 2016, 05:33:25 PM

of course bitcoin wallet and nothing else, i think it is the best thing

That is too risky mate if you store all you money in bitcoin i think you should also have a bank account for security of your money and it less risk if you money in the bank it has included in insurance while in bitcoin there is no insurance if you money will disappear.

And I just wonder, how can he able to use his converted bitcoin without the help of bank services. No doubt that most bitcoin exchanges today uses bank services to be able to withdraw our bitcoin into cash as it is less hassle compare to other withdrawal method.

You are right with it, that's why I'm saying today that bitcoin wallet and bank are both important. They are playing important role in our lives.
Without both of them we can't use our bitcoins and fiat money. That's why it is really important to recognize both of them. And you are going to experience that they really are.

Both of them is very important who always withdrawing their bitcoin into the fiat money because it's will become a more easily with using a bank. combining the advantages of bitcoin and bank it's the best choice for me forever.

Here in my country we can exchange our bitcoin not only in the bank even in some remittance center we can exchange it but bank account is much better to have because our money is much secured in bank and we have a bitcoin wallet for our online investment to have earnings even we do not monitor always our wallet.

Yes there are method to withdraw our bitcoin even without banks but "MOST OF THE CASES", bitcoin exchanges uses bank services because it is more less hassle than any other withdrawal method.

Also, with the lots of ATM machine in our respective country, with just a one click, those bitcoin that converted into fiat can easily be withdrawn anytime anywhere.

StarofBTC

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Quote from: pearl11 on July 28, 2016, 03:02:38 AM

Personally bank but honestly, when you deal with people you start thinking that the average joe may not be cut for this as in being their own bank, they are too illiterate and will screw up and get hacked/lose their stuff by accident. I think we need better tools to store Bitcoin in secure and safe ways so this is not an issue

if you are talking about loosing hacking of bitcoin and safety of it. then I don't think bitcoin is not that much unsafe. you can safely store your bitcoin in paper wallets, in in cold wallets. and if you keep your account's private key safely your coins will be safe too.

using bitcoin give you this amazing feature that you can control your own coins and be your own bank. this is the best part of bitcoin.

JeffBrad12

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Quote from: sobsitesearch on July 28, 2016, 03:04:59 AM

Quote from: shinratensei_ on July 28, 2016, 02:57:33 AM

Quote from: potatopower on July 27, 2016, 05:33:25 PM

of course bitcoin wallet and nothing else, i think it is the best thing

That is too risky mate if you store all you money in bitcoin i think you should also have a bank account for security of your money and it less risk if you money in the bank it has included in insurance while in bitcoin there is no insurance if you money will disappear.

And I just wonder, how can he able to use his converted bitcoin without the help of bank services. No doubt that most bitcoin exchanges today uses bank services to be able to withdraw our bitcoin into cash as it is less hassle compare to other withdrawal method.

You are right with it, that's why I'm saying today that bitcoin wallet and bank are both important. They are playing important role in our lives.
Without both of them we can't use our bitcoins and fiat money. That's why it is really important to recognize both of them. And you are going to experience that they really are.

Both of them is very important who always withdrawing their bitcoin into the fiat money because it's will become a more easily with using a bank. combining the advantages of bitcoin and bank it's the best choice for me forever.

Here in my country we can exchange our bitcoin not only in the bank even in some remittance center we can exchange it but bank account is much better to have because our money is much secured in bank and we have a bitcoin wallet for our online investment to have earnings even we do not monitor always our wallet.

The same in my country there is an exchange site that is connected to a bank where you can use their service to enjoy your bitcoin by exchanging it to fiat money. So for me, they are both important and it is not a good thing to compare them both because you are going to benefit from it.

it's correct, in this time and especially in my region there are much local exchanges can making a service to connected the exchanger and the bank and we can exchange bitcoin into the fiat money anytime we want, it's very useful.

sobsitesearch

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Quote from: shinratensei_ on July 28, 2016, 02:57:33 AM

Quote from: potatopower on July 27, 2016, 05:33:25 PM

of course bitcoin wallet and nothing else, i think it is the best thing

That is too risky mate if you store all you money in bitcoin i think you should also have a bank account for security of your money and it less risk if you money in the bank it has included in insurance while in bitcoin there is no insurance if you money will disappear.

And I just wonder, how can he able to use his converted bitcoin without the help of bank services. No doubt that most bitcoin exchanges today uses bank services to be able to withdraw our bitcoin into cash as it is less hassle compare to other withdrawal method.

You are right with it, that's why I'm saying today that bitcoin wallet and bank are both important. They are playing important role in our lives.
Without both of them we can't use our bitcoins and fiat money. That's why it is really important to recognize both of them. And you are going to experience that they really are.

Both of them is very important who always withdrawing their bitcoin into the fiat money because it's will become a more easily with using a bank. combining the advantages of bitcoin and bank it's the best choice for me forever.

Here in my country we can exchange our bitcoin not only in the bank even in some remittance center we can exchange it but bank account is much better to have because our money is much secured in bank and we have a bitcoin wallet for our online investment to have earnings even we do not monitor always our wallet.

pearl11

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Personally bank but honestly, when you deal with people you start thinking that the average joe may not be cut for this as in being their own bank, they are too illiterate and will screw up and get hacked/lose their stuff by accident. I think we need better tools to store Bitcoin in secure and safe ways so this is not an issue

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Quote from: potatopower on July 27, 2016, 05:33:25 PM

of course bitcoin wallet and nothing else, i think it is the best thing

That is too risky mate if you store all you money in bitcoin i think you should also have a bank account for security of your money and it less risk if you money in the bank it has included in insurance while in bitcoin there is no insurance if you money will disappear.

And I just wonder, how can he able to use his converted bitcoin without the help of bank services. No doubt that most bitcoin exchanges today uses bank services to be able to withdraw our bitcoin into cash as it is less hassle compare to other withdrawal method.

You are right with it, that's why I'm saying today that bitcoin wallet and bank are both important. They are playing important role in our lives.
Without both of them we can't use our bitcoins and fiat money. That's why it is really important to recognize both of them. And you are going to experience that they really are.

Both of them is very important who always withdrawing their bitcoin into the fiat money because it's will become a more easily with using a bank. combining the advantages of bitcoin and bank it's the best choice for me forever.

chaser15

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Quote from: potatopower on July 27, 2016, 05:33:25 PM

of course bitcoin wallet and nothing else, i think it is the best thing

That is too risky mate if you store all you money in bitcoin i think you should also have a bank account for security of your money and it less risk if you money in the bank it has included in insurance while in bitcoin there is no insurance if you money will disappear.

And I just wonder, how can he able to use his converted bitcoin without the help of bank services. No doubt that most bitcoin exchanges today uses bank services to be able to withdraw our bitcoin into cash as it is less hassle compare to other withdrawal method.

Chennai

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Quote from: ASHLIUSZ on July 27, 2016, 11:50:17 PM