Bank or Bitcoin Wallet? - page 96. | Bitcointalksearch.org

xIIImaL

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Quote from: Sandroxa on July 06, 2016, 10:59:57 AM

Quote from: pearnapple on July 06, 2016, 10:10:50 AM

Quote from: HellSpawn. on July 06, 2016, 10:00:14 AM

Banks no Way! Only BTC! Wink

the same for me, i think that the price is going to grow a lot in the future, in my opinion i will always choose bitcoins over banks in order for my money to be safe as possible i think

As long you need banks to pay your bills banks are really the only option to use.
Sure my favourite one is bitcoin and it's wallet, but my telecom provider won't let me pay my bills with bitcoin *yet*

I prefer bitcoin when the question comes about the fees and other taxes while for the security especially from the volatility and price decrease I will prefer the banks

chaser15

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Quote from: asriloni on July 06, 2016, 09:57:46 AM

Quote from: ?? on ??

Well IMO I think ill prefer bitcoin wallet than banks. Grin

Ill prefer it because bitcoin is decentralized and it is easier to send money with it. Banks on the other hand is hard to add and withdraw money because of lines and not portable.

I guess you're never using e banking or anything similar so you think paying thing through bank is as tradicional and ancient as age of stone when the simplicity and the speed is almost the same, do you even using debit card or credit card to compare the speed with btc?

I think they are just only posting here without truly understanding what they are really posting.

Unless anyone didn't try how banks works they will never know what benefits of using it. They use bitcoin first so it's common they will choose bitcoin. But it not right to state sh*t comments about banks where in reality you didn't have an experience of using it. How come you compare it without really using it in actual??

Like those other posters here, "bitcoin is safe, banks aren't" , "bitcoin will grow, banks low interest" etc. Such a sh*t post.

zeaderza

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Quote from: ?? on ??

Well IMO I think ill prefer bitcoin wallet than banks. Grin

Ill prefer it because bitcoin is decentralized and it is easier to send money with it. Banks on the other hand is hard to add and withdraw money because of lines and not portable.

I prefer bitcoin wallets too. because I am earning bitcoin and I can't store my bitcoins to a bank account. I probably need an wallet to store and safe my bitcoins..
I think both are important in their place. and are being used for what they've been made.
bitcoin wallets are better for me because my earning is 100% on bitcoin.

HellSpawn.

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Quote from: Sandroxa on July 06, 2016, 10:59:57 AM

Quote from: pearnapple on July 06, 2016, 10:10:50 AM

Quote from: HellSpawn. on July 06, 2016, 10:00:14 AM

Banks no Way! Only BTC! Wink

the same for me, i think that the price is going to grow a lot in the future, in my opinion i will always choose bitcoins over banks in order for my money to be safe as possible i think

As long you need banks to pay your bills banks are really the only option to use.
Sure my favourite one is bitcoin and it's wallet, but my telecom provider won't let me pay my bills with bitcoin *yet*

Not directly but with Gateway.... "pay my bills with bitcoin"

Sandroxa

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Quote from: pearnapple on July 06, 2016, 10:10:50 AM

Quote from: HellSpawn. on July 06, 2016, 10:00:14 AM

Banks no Way! Only BTC! Wink

the same for me, i think that the price is going to grow a lot in the future, in my opinion i will always choose bitcoins over banks in order for my money to be safe as possible i think

As long you need banks to pay your bills banks are really the only option to use.
Sure my favourite one is bitcoin and it's wallet, but my telecom provider won't let me pay my bills with bitcoin *yet*

pearnapple

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Quote from: HellSpawn. on July 06, 2016, 10:00:14 AM

Banks no Way! Only BTC! Wink

the same for me, i think that the price is going to grow a lot in the future, in my opinion i will always choose bitcoins over banks in order for my money to be safe as possible i think

HellSpawn.

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Banks no Way! Only BTC! Wink

asriloni

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Quote from: ?? on ??

Well IMO I think ill prefer bitcoin wallet than banks. Grin

Ill prefer it because bitcoin is decentralized and it is easier to send money with it. Banks on the other hand is hard to add and withdraw money because of lines and not portable.

I guess you're never using e banking or anything similar so you think paying thing through bank is as tradicional and ancient as age of stone when the simplicity and the speed is almost the same, do you even using debit card or credit card to compare the speed with btc?

CryptoBjorn

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Quote from: PokerFace3 on July 06, 2016, 09:19:04 AM

Quote from: ajun96 on July 05, 2016, 09:48:13 AM

Quote from: ?? on ??

Quote from: CryingMidget on July 04, 2016, 12:00:39 AM

Quote from: krishna1 on July 03, 2016, 11:55:54 PM

I only choose Bitcoin wallet because the transactions from one wallet to other is instant and have low transaction fees. And If the price of Bitcoin increases I will be making profits......

Bitcoin wallet is more reliable than banks, because they don't charge taxes or interests, in btc wallet you are always in control plus you have the option to cash out any time no matter how good or bad the market maybe.

Bank is just a legal thief and it is approved by the government. It is better to use bitcoin wallet as it is really a storage for your bitcoins.
And there is no fee at all for storing your bitcoins.

yeah of course bitcoin wallet safer and freer from the bank you will not be subject to limits in transferring or withdrawing your money. and you will be in charge ering fee for each month but shortcomings in bitcoin wallet is they do not give interest for saving except in Coinbase

Yeah but bitcoin wallet is trendy and easy but is not everything and can't be more useful or trustful than a bank, though we
may not guarantee banks security but bank is somehow good as it formal and better authorized than the Bitcoin wallet.

It's not really trendy, in fact it looks more outdated like a 1999 software program. I hope they interface will change, I am sure people will be attracted to it.
But like you say security is key and unlike you I don't thing a wallet is better secured by default. That's why people like their bank accounts, there is no thinking about security if you think about it.

PokerFace3

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Quote from: ajun96 on July 05, 2016, 09:48:13 AM

Quote from: ?? on ??

Quote from: CryingMidget on July 04, 2016, 12:00:39 AM

Quote from: krishna1 on July 03, 2016, 11:55:54 PM

I only choose Bitcoin wallet because the transactions from one wallet to other is instant and have low transaction fees. And If the price of Bitcoin increases I will be making profits......

Bitcoin wallet is more reliable than banks, because they don't charge taxes or interests, in btc wallet you are always in control plus you have the option to cash out any time no matter how good or bad the market maybe.

Bank is just a legal thief and it is approved by the government. It is better to use bitcoin wallet as it is really a storage for your bitcoins.
And there is no fee at all for storing your bitcoins.

yeah of course bitcoin wallet safer and freer from the bank you will not be subject to limits in transferring or withdrawing your money. and you will be in charge ering fee for each month but shortcomings in bitcoin wallet is they do not give interest for saving except in Coinbase

Yeah but bitcoin wallet is trendy and easy but is not everything and can't be more useful or trustful than a bank, though we
may not guarantee banks security but bank is somehow good as it formal and better authorized than the Bitcoin wallet.

chaser15

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Quote from: Enotche on July 05, 2016, 01:52:30 AM

The increase in popularity of bitcoin undermines the credibility of banks and financial institutions in the monetary system.

People no longer need to depend on the bankers who ran their generations for money transactions. Now they can do it themselves, if someone wants to send money to a relative or friend abroad, now there is no need to go to the bank, fill out forms on the causes of external money transfer and wait for a few days of the enrollment on the other side, with a net of large commissions on transactions . Instead, they can simply send the desired amount to the address of the recipient bitcoin wallet - and voila, the funds will be received in less than a couple of minutes.

Fill out forms? That's an old classic one. Are you updated with the current use of banks today when sending and receiving money? If in your place banks still use the old classic one to send and receive money worldwide then sorry to say but banks there really sucks.

ajun96

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Quote from: ?? on ??

Quote from: CryingMidget on July 04, 2016, 12:00:39 AM

Quote from: krishna1 on July 03, 2016, 11:55:54 PM

I only choose Bitcoin wallet because the transactions from one wallet to other is instant and have low transaction fees. And If the price of Bitcoin increases I will be making profits......

Bitcoin wallet is more reliable than banks, because they don't charge taxes or interests, in btc wallet you are always in control plus you have the option to cash out any time no matter how good or bad the market maybe.

Bank is just a legal thief and it is approved by the government. It is better to use bitcoin wallet as it is really a storage for your bitcoins.
And there is no fee at all for storing your bitcoins.

yeah of course bitcoin wallet safer and freer from the bank you will not be subject to limits in transferring or withdrawing your money. and you will be in charge ering fee for each month but shortcomings in bitcoin wallet is they do not give interest for saving except in Coinbase

Enotche

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The increase in popularity of bitcoin undermines the credibility of banks and financial institutions in the monetary system.

People no longer need to depend on the bankers who ran their generations for money transactions. Now they can do it themselves, if someone wants to send money to a relative or friend abroad, now there is no need to go to the bank, fill out forms on the causes of external money transfer and wait for a few days of the enrollment on the other side, with a net of large commissions on transactions . Instead, they can simply send the desired amount to the address of the recipient bitcoin wallet - and voila, the funds will be received in less than a couple of minutes.

JeffBrad12

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Quote from: saiha on July 05, 2016, 12:57:47 AM

Quote from: dragovich5d on July 04, 2016, 10:09:49 PM

I'd choose a bitcoin wallet because the transaction is instant.

You are right, bitcoin wallet is doing instant transactions and I would say both of them bank and bitcoin wallet are secured.
And still both of them are vulnerable to hackers.
But I would not choose only one from them. It is better to use them both.

Learn from The DAO,HashOcean cases we know the disadvantages of bitcoin, it's too difficult to take a step if we getting a crime in our wallet. no one can help about this. in this cases I think the bank system is true if we get a crime we can requesting with the bank to blocked the scammers bank account, this is just an example.

saiha

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Quote from: dragovich5d on July 04, 2016, 10:09:49 PM

I'd choose a bitcoin wallet because the transaction is instant.

You are right, bitcoin wallet is doing instant transactions and I would say both of them bank and bitcoin wallet are secured.
And still both of them are vulnerable to hackers.
But I would not choose only one from them. It is better to use them both.

Ryananda

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Quote from: sobsitesearch on July 04, 2016, 09:09:02 PM

Quote from: adibe on July 04, 2016, 08:34:52 PM

Quote from: FancyCoin on July 04, 2016, 08:18:55 PM

If you are talking for saving my money then for that I will choose for bitcoin because at there I do not have to pay taxes and fees, and at there I earn daily profit which is much bigger then the interest of banks

If you have much money in real life, i think it's better to save it on bank. Because you will get a nice interest and get passive income for it. It's not big though, but it's still good.

I agree with you bank will never scam you considering you invest in Great banks in your country but for me i also want to invest in bitcoin even in short term because as i can see the value of bitcoin was continue to grow and it will gives us good profit

True bank may not be a scam and will certainly continue to increase so that it can keep pace with the times. If for a long-term investment and large capital could have to invest in the bank, but bitcoin also for short-term investments. So that both are equally needed in my opinion.

dragovich5d

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I'd choose a bitcoin wallet because the transaction is instant.

Humberton19

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bitcoin wallet why up the price

sobsitesearch

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Quote from: adibe on July 04, 2016, 08:34:52 PM

Quote from: FancyCoin on July 04, 2016, 08:18:55 PM

If you are talking for saving my money then for that I will choose for bitcoin because at there I do not have to pay taxes and fees, and at there I earn daily profit which is much bigger then the interest of banks

If you have much money in real life, i think it's better to save it on bank. Because you will get a nice interest and get passive income for it. It's not big though, but it's still good.

I agree with you bank will never scam you considering you invest in Great banks in your country but for me i also want to invest in bitcoin even in short term because as i can see the value of bitcoin was continue to grow and it will gives us good profit

adibe

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Quote from: FancyCoin on July 04, 2016, 08:18:55 PM

If you are talking for saving my money then for that I will choose for bitcoin because at there I do not have to pay taxes and fees, and at there I earn daily profit which is much bigger then the interest of banks

If you have much money in real life, i think it's better to save it on bank. Because you will get a nice interest and get passive income for it. It's not big though, but it's still good.

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