Bank or Bitcoin Wallet? - page 90. | Bitcointalksearch.org

randy8777

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Quote from: chixka000 on July 14, 2016, 07:13:16 AM

Quote from: randy8777 on July 14, 2016, 06:44:30 AM

Quote from: chixka000 on July 14, 2016, 04:59:31 AM

Quote from: sana54210 on July 13, 2016, 11:34:42 AM

Quote from: chixka000 on July 12, 2016, 08:09:00 AM

Quote from: PokerFace3 on July 11, 2016, 09:19:36 AM

Quote from: chixka000 on July 11, 2016, 06:47:48 AM

As of now still bank because i think that it os more safer rather than bitcoin because the price of bitcoin is not stable and bank provides increase on your current balance

In some reason you are correct but, but BTC wallets are much safer, we know that the price is not stable but the price may go so high that bank can’t provide us that much.... And we can hear a lot about bank being robed but the Bitcoin wallets are safer and is more strong in its security !

yup bitcoin price may go so high but bitcoin price may also go down so deep am i right?. why do people invest bitcoin when it started to go out and why do people cash it out after gaining profit?. Because they are afraid that bitcoin price may go down so fast without even noticing it and may lose their invested amount

It's not about which of which is stable and not stable. For me, it's all about the security of my money.

I'm still not sure whether which is superior in terms of security as in safekeeping my money from the risks of losing them. However, I have more trust in banks as of now to hold more of my money than with bitcoin wallets. Around maybe 25% of my assets are stored in bitcoin while the rest are in banks.

I guess the instability Of bicoin price would affecT its security right?, so i still consider bank safer than bitcoin as we all know it has Proven for decades but i hope someday bitcoin can provide a much safer platform for its wallet

no. the volatility in the price has no effect on bitcoin and its security at all. the miners somewhat have an effect on the security if the majority of them stops mining. but all smaller miners and mining farms are used to the volatility. just look at the difficulty. mining farms keep adding hardware to their farms no matter how volatile the price is. and that makes bitcoin even more secure year on year.

Sorry i would clarify my answer i am refering to wallet , you are absolutely correct but i would also stand on my answer that btc price would affect the security of your wallet especially if use online wallet

storing your coins in an online wallet is definitely not a smart move. beside that, can you explain what you mean with the price that is affecting your wallet? i don't see how the price has any impact on the security of any kind of wallet.

butragenjo

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I would choose to use bitcoin wallet and have all my money as bitcoins though bitcoin price is really fluctuating.

shield132

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It depends on your demand, if you are in illegal acitivites, than bitcoin will be best for you and your security but when you need money on hand, than you need to use bank. And simply, bitcoin is only currency and it can't change bank, bank will be indispensable always, some bitcoin fans can't understand what is bank and what is bitcoin wallet. When you have money online, you need bank or cash dispenser, to get money in your poket, which machine owns bank. So I think it's silly question.

Labumi

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Quote from: Gahs on July 14, 2016, 07:10:35 AM

I do not see banks becoming obsolete. There will always be a need for banks, they also keep gold and other valuables asides money and as for them being scared of bitcoins... well they might integrate bitcoins into their payment system but bitcoins can never take over from banks.

Yes, because the bank is the central control of all existing in the financial world. All it needs to do the printing of money and the other is the task of the bank. If the bank is missing then the wheel will stop currency turnover and will definitely be a big problem

chixka000

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Quote from: randy8777 on July 14, 2016, 06:44:30 AM

Quote from: chixka000 on July 14, 2016, 04:59:31 AM

Quote from: sana54210 on July 13, 2016, 11:34:42 AM

Quote from: chixka000 on July 12, 2016, 08:09:00 AM

Quote from: PokerFace3 on July 11, 2016, 09:19:36 AM

Quote from: chixka000 on July 11, 2016, 06:47:48 AM

As of now still bank because i think that it os more safer rather than bitcoin because the price of bitcoin is not stable and bank provides increase on your current balance

In some reason you are correct but, but BTC wallets are much safer, we know that the price is not stable but the price may go so high that bank can’t provide us that much.... And we can hear a lot about bank being robed but the Bitcoin wallets are safer and is more strong in its security !

yup bitcoin price may go so high but bitcoin price may also go down so deep am i right?. why do people invest bitcoin when it started to go out and why do people cash it out after gaining profit?. Because they are afraid that bitcoin price may go down so fast without even noticing it and may lose their invested amount

It's not about which of which is stable and not stable. For me, it's all about the security of my money.

I'm still not sure whether which is superior in terms of security as in safekeeping my money from the risks of losing them. However, I have more trust in banks as of now to hold more of my money than with bitcoin wallets. Around maybe 25% of my assets are stored in bitcoin while the rest are in banks.

I guess the instability Of bicoin price would affecT its security right?, so i still consider bank safer than bitcoin as we all know it has Proven for decades but i hope someday bitcoin can provide a much safer platform for its wallet

no. the volatility in the price has no effect on bitcoin and its security at all. the miners somewhat have an effect on the security if the majority of them stops mining. but all smaller miners and mining farms are used to the volatility. just look at the difficulty. mining farms keep adding hardware to their farms no matter how volatile the price is. and that makes bitcoin even more secure year on year.

Sorry i would clarify my answer i am refering to wallet , you are absolutely correct but i would also stand on my answer that btc price would affect the security of your wallet especially if use online wallet

Gahs

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I do not see banks becoming obsolete. There will always be a need for banks, they also keep gold and other valuables asides money and as for them being scared of bitcoins... well they might integrate bitcoins into their payment system but bitcoins can never take over from banks.

randy8777

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Quote from: chixka000 on July 14, 2016, 04:59:31 AM

Quote from: sana54210 on July 13, 2016, 11:34:42 AM

Quote from: chixka000 on July 12, 2016, 08:09:00 AM

Quote from: PokerFace3 on July 11, 2016, 09:19:36 AM

Quote from: chixka000 on July 11, 2016, 06:47:48 AM

As of now still bank because i think that it os more safer rather than bitcoin because the price of bitcoin is not stable and bank provides increase on your current balance

In some reason you are correct but, but BTC wallets are much safer, we know that the price is not stable but the price may go so high that bank can’t provide us that much.... And we can hear a lot about bank being robed but the Bitcoin wallets are safer and is more strong in its security !

yup bitcoin price may go so high but bitcoin price may also go down so deep am i right?. why do people invest bitcoin when it started to go out and why do people cash it out after gaining profit?. Because they are afraid that bitcoin price may go down so fast without even noticing it and may lose their invested amount

It's not about which of which is stable and not stable. For me, it's all about the security of my money.

I'm still not sure whether which is superior in terms of security as in safekeeping my money from the risks of losing them. However, I have more trust in banks as of now to hold more of my money than with bitcoin wallets. Around maybe 25% of my assets are stored in bitcoin while the rest are in banks.

I guess the instability Of bicoin price would affecT its security right?, so i still consider bank safer than bitcoin as we all know it has Proven for decades but i hope someday bitcoin can provide a much safer platform for its wallet

no. the volatility in the price has no effect on bitcoin and its security at all. the miners somewhat have an effect on the security if the majority of them stops mining. but all smaller miners and mining farms are used to the volatility. just look at the difficulty. mining farms keep adding hardware to their farms no matter how volatile the price is. and that makes bitcoin even more secure year on year.

Schuyler

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Banks and bitcoin wallets do me a lot of good because I can store both my money and my bitcoins the way I want them too. Nowadays, technology has given us a lot of options on how we manage our finances, and it is up to us how we take advantage of these services that make life less uncomfortable.

chixka000

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Activity: 910

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Quote from: sana54210 on July 13, 2016, 11:34:42 AM

Quote from: chixka000 on July 12, 2016, 08:09:00 AM

Quote from: PokerFace3 on July 11, 2016, 09:19:36 AM

Quote from: chixka000 on July 11, 2016, 06:47:48 AM

As of now still bank because i think that it os more safer rather than bitcoin because the price of bitcoin is not stable and bank provides increase on your current balance

In some reason you are correct but, but BTC wallets are much safer, we know that the price is not stable but the price may go so high that bank can’t provide us that much.... And we can hear a lot about bank being robed but the Bitcoin wallets are safer and is more strong in its security !

yup bitcoin price may go so high but bitcoin price may also go down so deep am i right?. why do people invest bitcoin when it started to go out and why do people cash it out after gaining profit?. Because they are afraid that bitcoin price may go down so fast without even noticing it and may lose their invested amount

It's not about which of which is stable and not stable. For me, it's all about the security of my money.

I'm still not sure whether which is superior in terms of security as in safekeeping my money from the risks of losing them. However, I have more trust in banks as of now to hold more of my money than with bitcoin wallets. Around maybe 25% of my assets are stored in bitcoin while the rest are in banks.

I guess the instability Of bicoin price would affecT its security right?, so i still consider bank safer than bitcoin as we all know it has Proven for decades but i hope someday bitcoin can provide a much safer platform for its wallet

Imoote

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Quote from: shinratensei_ on July 13, 2016, 06:33:38 AM

Quote from: elyas772 on July 13, 2016, 04:10:25 AM

Quote from: Jimbola3 on July 13, 2016, 03:53:37 AM

In my case i choose bitoin wallet as i feel more good and secure !
but banks seem to pay some interest but also bitcoin has a fluctuation price and can be more profitable if we hold bitcoins in our wallet if price gets up Cheesy

both of them is best option at this momenth, but for me i will choose bank, because bank more popular than bitcoin, and im sure 99% of bussiness use bank system.

Because bank it's better than bitcoin to using on our environment. you true a lot of business using a bank because they have relationships with the bank because the bank is also giving support to their business. I sure about that.

elyas772

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Quote from: shinratensei_ on July 13, 2016, 06:33:38 AM

Quote from: elyas772 on July 13, 2016, 04:10:25 AM

Quote from: Jimbola3 on July 13, 2016, 03:53:37 AM

In my case i choose bitoin wallet as i feel more good and secure !
but banks seem to pay some interest but also bitcoin has a fluctuation price and can be more profitable if we hold bitcoins in our wallet if price gets up Cheesy

both of them is best option at this momenth, but for me i will choose bank, because bank more popular than bitcoin, and im sure 99% of bussiness use bank system.

Because bank it's better than bitcoin to using on our environment. you true a lot of business using a bank because they have relationships with the bank because the bank is also giving support to their business. I sure about that.

in this moment is good, for saving and use full, but we can't save our bitcoin at bank, for investment bitcoin wallet is better.

i think each of them have plus and minus.

Jimbola3

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Quote from: madwica on July 13, 2016, 03:31:46 AM

For me i choose bitcoin wallet for faster return of investment and it has a great future because the value is continuous rising but i also have bank account because bank is less risk than bitcoin even it will gives little profit of my savings.

I think the risk we are talking about BTC is the price fluctuation, yes its the problem so time the prices goes highly up some time its had to get a good exchange rates.... But in other ways BTC is more secure than banks... BTC is not an organization so it wont get robed but Bank may get...., So the BTC wallets are safer in my idea....

sana54210

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Quote from: chixka000 on July 12, 2016, 08:09:00 AM

Quote from: PokerFace3 on July 11, 2016, 09:19:36 AM

Quote from: chixka000 on July 11, 2016, 06:47:48 AM

As of now still bank because i think that it os more safer rather than bitcoin because the price of bitcoin is not stable and bank provides increase on your current balance

In some reason you are correct but, but BTC wallets are much safer, we know that the price is not stable but the price may go so high that bank can’t provide us that much.... And we can hear a lot about bank being robed but the Bitcoin wallets are safer and is more strong in its security !

yup bitcoin price may go so high but bitcoin price may also go down so deep am i right?. why do people invest bitcoin when it started to go out and why do people cash it out after gaining profit?. Because they are afraid that bitcoin price may go down so fast without even noticing it and may lose their invested amount

It's not about which of which is stable and not stable. For me, it's all about the security of my money.

I'm still not sure whether which is superior in terms of security as in safekeeping my money from the risks of losing them. However, I have more trust in banks as of now to hold more of my money than with bitcoin wallets. Around maybe 25% of my assets are stored in bitcoin while the rest are in banks.

shinratensei_

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Quote from: elyas772 on July 13, 2016, 04:10:25 AM

Quote from: Jimbola3 on July 13, 2016, 03:53:37 AM

In my case i choose bitoin wallet as i feel more good and secure !
but banks seem to pay some interest but also bitcoin has a fluctuation price and can be more profitable if we hold bitcoins in our wallet if price gets up Cheesy

both of them is best option at this momenth, but for me i will choose bank, because bank more popular than bitcoin, and im sure 99% of bussiness use bank system.

Because bank it's better than bitcoin to using on our environment. you true a lot of business using a bank because they have relationships with the bank because the bank is also giving support to their business. I sure about that.

elyas772

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Activity: 756

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Quote from: Jimbola3 on July 13, 2016, 03:53:37 AM

In my case i choose bitoin wallet as i feel more good and secure !
but banks seem to pay some interest but also bitcoin has a fluctuation price and can be more profitable if we hold bitcoins in our wallet if price gets up Cheesy

both of them is best option at this momenth, but for me i will choose bank, because bank more popular than bitcoin, and im sure 99% of bussiness use bank system.

X-ray

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Quote from: ?? on ??

For me i chose a bitcoin wallet because we all know that bitcoin wallet is faster than the bank wallet. butsometimes the price value ofbitcoin is decrease . Again. ichosse bitcoin wallet .

from which aspects? transferring through bank will only took you 5 minutes or less if you'd using online banking but with bitcoin you'll possibly need to take about 15 minutes or more for a single confirmation,and also online banking was made to be fast and simple and so does with bitcoin wallet but not all

Jimbola3

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In my case i choose bitoin wallet as i feel more good and secure !
but banks seem to pay some interest but also bitcoin has a fluctuation price and can be more profitable if we hold bitcoins in our wallet if price gets up Cheesy

madwica

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For me i choose bitcoin wallet for faster return of investment and it has a great future because the value is continuous rising but i also have bank account because bank is less risk than bitcoin even it will gives little profit of my savings.

KingdomHearts

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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

you are right i will also choose to use bitcoin wallet and bitcoin price is fluctuating but now i do not think that bitcoin decrease its price because i look that more people aware about bitcoin and in large number of people invest their money in bitcoin and i hope bitcoin get more increasing its prices .

chixka000

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Quote from: PokerFace3 on July 11, 2016, 09:19:36 AM

Quote from: chixka000 on July 11, 2016, 06:47:48 AM

As of now still bank because i think that it os more safer rather than bitcoin because the price of bitcoin is not stable and bank provides increase on your current balance

In some reason you are correct but, but BTC wallets are much safer, we know that the price is not stable but the price may go so high that bank can’t provide us that much.... And we can hear a lot about bank being robed but the Bitcoin wallets are safer and is more strong in its security !

yup bitcoin price may go so high but bitcoin price may also go down so deep am i right?. why do people invest bitcoin when it started to go out and why do people cash it out after gaining profit?. Because they are afraid that bitcoin price may go down so fast without even noticing it and may lose their invested amount

Topic: Bank or Bitcoin Wallet? - page 90. (Read 230520 times)