Bank or Bitcoin Wallet? - page 79. | Bitcointalksearch.org

Ryananda

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Quote from: Labumi on July 26, 2016, 04:49:51 AM

Quote from: jostorres on July 26, 2016, 04:45:46 AM

Quote from: Supercrypt on July 26, 2016, 03:24:59 AM

Quote from: coinplus on July 25, 2016, 06:35:15 AM

Quote from: sobsitesearch on July 25, 2016, 12:30:35 AM

For me i choose both i used bitcoin as my other investment while in bank account you will less the risk of your money because bank have a physical can able to see while in bitcoin can disappear even in one click because it is online without assurance if your money back if they will disappear.

Yes, choosing both must be the practical solution to solve what ever financial demands for those who are having some issues in both bitcoin and fiats alternatively. As long as you are going for only either bitcoin or fiats, you must in need of having both to enjoy the specific benefits and to prevent particular problems.

But why you people are refusing to get benefit from the advantages of bitcoin payments over bank accounts. Even I am having both, I am trying to convert myself into only bitcoin holder. Because I had many problems with my bank accounts like got freezing my saving account out for non-maintaining minimum balance.

Yes the problems with bank accounts are numerous. If you are looking for hasslefree banking services then bitcoin wallet is the right solution. As long as people are ready to face the problems usually banks imposing towards us, banks will treat us as fools only. We need to quit banks if we want to be sole owner of our wealth.

It's less precise, if we eliminate the bank in our lives. Then the order or the financial system in our country will certainly experience a mess and it's going to be bad on the economy of our country or international finance. Only use the bitcoin to save money and his own bank for transaction activity

Very true if the bank disappears there will be no currency in the country so that the economy will be disrupted. Bank and bitcoin wallet in my opinion has a different role. We use bitcoin wallet for transactions and use the bank to save money.

Labumi

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Quote from: jostorres on July 26, 2016, 04:45:46 AM

Quote from: Supercrypt on July 26, 2016, 03:24:59 AM

Quote from: coinplus on July 25, 2016, 06:35:15 AM

Quote from: sobsitesearch on July 25, 2016, 12:30:35 AM

For me i choose both i used bitcoin as my other investment while in bank account you will less the risk of your money because bank have a physical can able to see while in bitcoin can disappear even in one click because it is online without assurance if your money back if they will disappear.

Yes, choosing both must be the practical solution to solve what ever financial demands for those who are having some issues in both bitcoin and fiats alternatively. As long as you are going for only either bitcoin or fiats, you must in need of having both to enjoy the specific benefits and to prevent particular problems.

But why you people are refusing to get benefit from the advantages of bitcoin payments over bank accounts. Even I am having both, I am trying to convert myself into only bitcoin holder. Because I had many problems with my bank accounts like got freezing my saving account out for non-maintaining minimum balance.

Yes the problems with bank accounts are numerous. If you are looking for hasslefree banking services then bitcoin wallet is the right solution. As long as people are ready to face the problems usually banks imposing towards us, banks will treat us as fools only. We need to quit banks if we want to be sole owner of our wealth.

It's less precise, if we eliminate the bank in our lives. Then the order or the financial system in our country will certainly experience a mess and it's going to be bad on the economy of our country or international finance. Only use the bitcoin to save money and his own bank for transaction activity

jostorres

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Quote from: Supercrypt on July 26, 2016, 03:24:59 AM

Quote from: coinplus on July 25, 2016, 06:35:15 AM

Quote from: sobsitesearch on July 25, 2016, 12:30:35 AM

For me i choose both i used bitcoin as my other investment while in bank account you will less the risk of your money because bank have a physical can able to see while in bitcoin can disappear even in one click because it is online without assurance if your money back if they will disappear.

Yes, choosing both must be the practical solution to solve what ever financial demands for those who are having some issues in both bitcoin and fiats alternatively. As long as you are going for only either bitcoin or fiats, you must in need of having both to enjoy the specific benefits and to prevent particular problems.

But why you people are refusing to get benefit from the advantages of bitcoin payments over bank accounts. Even I am having both, I am trying to convert myself into only bitcoin holder. Because I had many problems with my bank accounts like got freezing my saving account out for non-maintaining minimum balance.

Yes the problems with bank accounts are numerous. If you are looking for hasslefree banking services then bitcoin wallet is the right solution. As long as people are ready to face the problems usually banks imposing towards us, banks will treat us as fools only. We need to quit banks if we want to be sole owner of our wealth.

noictib

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I will Only Choose Bitcoin wallet Because Bitcoin Transactions are Fast and hassle Free and No paper work Is required to transfer money from one Bitcoin wallet to another Bitcoin wallet and also I cab earn money by doing Bitcoin trading and investing Bitcoin in Online Investment sites and Banks are Not Giving Much interest and I can't earn money when I put my money in bank account.....

Maesters1-

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Quote from: Supercrypt on July 26, 2016, 03:24:59 AM

Quote from: coinplus on July 25, 2016, 06:35:15 AM

Quote from: sobsitesearch on July 25, 2016, 12:30:35 AM

For me i choose both i used bitcoin as my other investment while in bank account you will less the risk of your money because bank have a physical can able to see while in bitcoin can disappear even in one click because it is online without assurance if your money back if they will disappear.

Yes, choosing both must be the practical solution to solve what ever financial demands for those who are having some issues in both bitcoin and fiats alternatively. As long as you are going for only either bitcoin or fiats, you must in need of having both to enjoy the specific benefits and to prevent particular problems.

But why you people are refusing to get benefit from the advantages of bitcoin payments over bank accounts. Even I am having both, I am trying to convert myself into only bitcoin holder. Because I had many problems with my bank accounts like got freezing my saving account out for non-maintaining minimum balance.

but in present time it is not such an easy job. as far as yet the bitcoin is not so much stable and not yet properly using in every where so as to depend on it totally. i think the online wallet has its own benefit but we cannot ignore the importance of bank account therefore i will recommend both the online wallet and the bank.

Supercrypt

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Quote from: coinplus on July 25, 2016, 06:35:15 AM

Quote from: sobsitesearch on July 25, 2016, 12:30:35 AM

For me i choose both i used bitcoin as my other investment while in bank account you will less the risk of your money because bank have a physical can able to see while in bitcoin can disappear even in one click because it is online without assurance if your money back if they will disappear.

Yes, choosing both must be the practical solution to solve what ever financial demands for those who are having some issues in both bitcoin and fiats alternatively. As long as you are going for only either bitcoin or fiats, you must in need of having both to enjoy the specific benefits and to prevent particular problems.

But why you people are refusing to get benefit from the advantages of bitcoin payments over bank accounts. Even I am having both, I am trying to convert myself into only bitcoin holder. Because I had many problems with my bank accounts like got freezing my saving account out for non-maintaining minimum balance.

mirakal

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Quote from: danherbias07 on July 26, 2016, 01:10:27 AM

Quote from: Sorrowfox on July 26, 2016, 01:06:27 AM

Quote from: ACAB on October 04, 2015, 05:22:37 PM

Corrupt government can seize your bank accounts but can't seize your Bitcoin if you are smart enough.

Hahah, Yes you are right. Corrupt government can seize anyone's bank account but they can also seize your bitcoin even though you are smart enough because they can hire a person smarter than you an expert as what we call them. The only way that government can't seize your bitcoin is that if they are not aware that you have it or if it s not under your name. So if I were a politician and I am stealing money from the government, I will make a bitcoin account and I will not let anyone know that it is mine.

Yes. How can they? They got no authority in here. If they want they can also invest the money that they have robbed from people's taxes.

They would not invest because they don't want a legitimate investment as they are used to getting money in an unfair way. Government are corrupt that is why bitcoin was reborn.

danherbias07

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Quote from: Sorrowfox on July 26, 2016, 01:06:27 AM

Quote from: ACAB on October 04, 2015, 05:22:37 PM

Corrupt government can seize your bank accounts but can't seize your Bitcoin if you are smart enough.

Hahah, Yes you are right. Corrupt government can seize anyone's bank account but they can also seize your bitcoin even though you are smart enough because they can hire a person smarter than you an expert as what we call them. The only way that government can't seize your bitcoin is that if they are not aware that you have it or if it s not under your name. So if I were a politician and I am stealing money from the government, I will make a bitcoin account and I will not let anyone know that it is mine.

Yes. How can they? They got no authority in here. If they want they can also invest the money that they have robbed from people's taxes.

Sorrowfox

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Quote from: ACAB on October 04, 2015, 05:22:37 PM

Corrupt government can seize your bank accounts but can't seize your Bitcoin if you are smart enough.

Hahah, Yes you are right. Corrupt government can seize anyone's bank account but they can also seize your bitcoin even though you are smart enough because they can hire a person smarter than you an expert as what we call them. The only way that government can't seize your bitcoin is that if they are not aware that you have it or if it s not under your name. So if I were a politician and I am stealing money from the government, I will make a bitcoin account and I will not let anyone know that it is mine.

dunfida

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Quote from: JeffBrad12 on July 26, 2016, 12:41:31 AM

Quote from: ?? on ??

Quote from: crackhawk on July 25, 2016, 10:55:26 PM

i think bank is more secure than bitcoin

Well they are both secure, bank is secure and bitcoin wallet is more secure. I haven't read any problem regarding the bitcoin wallet providers.
Only the transaction is the problem in the bitcoin wallet payment, whenever you are going to send someone any amount of your bitcoins.

Bank is more secure than bitcoin wallet, it's will gave a more guarantee for your amount,rather than bitcoin wallet. maybe the bitcoin wallet it's can make us is free to manage them,nothing getting any intervention in it.

In my opinion ,bank and bitcoin wallet have each security features on how to protect the funds inside it. They may differ on how to approach if theres a problem regarding with your funds. On banks you can easily address the problem to their site directly compared to bitcoin.

JeffBrad12

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Quote from: ?? on ??

Quote from: crackhawk on July 25, 2016, 10:55:26 PM

i think bank is more secure than bitcoin

Well they are both secure, bank is secure and bitcoin wallet is more secure. I haven't read any problem regarding the bitcoin wallet providers.
Only the transaction is the problem in the bitcoin wallet payment, whenever you are going to send someone any amount of your bitcoins.

Bank is more secure than bitcoin wallet, it's will gave a more guarantee for your amount,rather than bitcoin wallet. maybe the bitcoin wallet it's can make us is free to manage them,nothing getting any intervention in it.

sobsitesearch

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Quote from: ?? on ??

Quote from: crackhawk on July 25, 2016, 10:55:26 PM

i think bank is more secure than bitcoin

Well they are both secure, bank is secure and bitcoin wallet is more secure. I haven't read any problem regarding the bitcoin wallet providers.
Only the transaction is the problem in the bitcoin wallet payment, whenever you are going to send someone any amount of your bitcoins.

I think bank is much secure than bank, and bitcoin is much risky than bank because in bank we have physical feature that if there is a problem we can easily to address or to concern to them while in bitcoin we do not know where we go if there is something wrong to happen? i think you get my point. That is my opinion

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I would choose both since they are useful in my life. If you have lost of money then keep it on the bank if you have lost of bitcoin then keep it in your bitcoin wallet. Having both give you convenience in your life because anytime you walk and go shopping in physical stores then you can use your paper money in the bank and if your purchasing online buying digital goods you can either use bitcoin or fiat.

crackhawk

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i think bank is more secure than bitcoin

icecube45

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Quote from: Achargeturry78 on July 25, 2016, 09:57:54 PM

for me both because i use bitcoin's wallet to earn money or bitcoin for free and i use bank to withdraw my bitcoins into cash i use bitcoin wallet so that i can hold my earning for bitcoins and i use banks for saving and for payment i would prefer bitcoin because i can pay my monthly bills for electricity and water biils

Yes really bitcoin wallet seems to me more appropriate if used for investment because prices fluctuate is not suitable for storing in the long term, we have to actively sell and buy in order to benefit from such fluctuations. If the bank is very suitable to save money because it is very safe and there is no guarantee that our money will be safe with the guarantee of the bank. I like bank and bitcoin wallet because I needed both.

Schuyler

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Presently, I would still prefer banks over bitcoin wallet mainly because of the many services my bank can offer over bitcoin. There is still a long way to go for bitcoin's development in order to be noticed by the common masses. Right now, I consider my bitcoin as investment for the future and something that banks might also offer a few years from now.

tabas

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Quote from: ErnieRox on July 25, 2016, 10:02:49 PM

i use both but would always prefer btc, have been screwed by more than a few times by banks!

Well this is what happening to me now either, I'm planning to prefer to bank but what is happening is that I'm just storing my bitcoins in my bitcoin wallet and I'm not withdrawing it, instead I'm still waiting for the price increase so that I am going to get some profit out of it. But still banks are very important.

ErnieRox

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i use both but would always prefer btc, have been screwed by more than a few times by banks!

Achargeturry78

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for me both because i use bitcoin's wallet to earn money or bitcoin for free and i use bank to withdraw my bitcoins into cash i use bitcoin wallet so that i can hold my earning for bitcoins and i use banks for saving and for payment i would prefer bitcoin because i can pay my monthly bills for electricity and water biils

tabas

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Quote from: ErnieRox on July 25, 2016, 09:06:46 PM

banks are aweful yet useful for day to day payments and transactions that bitcoin cannot reach, but they try and often succeed in adding fees and doing really shady things to your money, bitcoin is solid and better, cheaper yet not as status quo as banks imo

That's really what banks are for, they are charging some hidden charges that even a minimal use of their service they are going to charge.
I really hate banks doing that, but if you are just going to complain and have to explain that fees you don't recognize for sure they are going to give back the amount they charged from you.

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