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Topic: Bank or Bitcoin Wallet? - page 99. (Read 230523 times)

member
Activity: 98
Merit: 10
July 02, 2016, 08:39:58 AM
No wallet gives interest in stores bitcoins whereas of someone deposited a certain amount of money in a bank under fixed deopsit or similar scheme he is basically earning on his money that is residing safely in the account. You gotta invest or use those bitcoins in some scheme to earn more. Although bitcoins are more prone to get lost due to scams that are a major nuisance for even the most careful of bitcoiners. Hence banks...
O really? The value of bitcoin is increasing every year. Bank's earnings don't cover even inflation. Moreover when you put your money in bank, you are accomplice in scam credit generation.
sr. member
Activity: 447
Merit: 250
July 02, 2016, 08:18:36 AM
For me i prefer bitcoin wallet than banks. Because banks are not too extensive transaction for one country to another country was very limited. And if I using Bitcoin wallet is more easy to use have low fee and you can send your money in one country to another country.

For me, you don't have to choose to both of them. Because they are both important. Banks are for fiat money.
And bitcoin wallet is for our bitcoins.
For me i also choose bitcoin because now im looking for fast income thats bitcoin is while in the bank less risk but its take a lot of time to earn an interest on your savings.
well with banks in my opinion there are a lot of risks because banks might fail any time thus you wouldnt get any profit from it and banks might actually dont ive you back money i think

i definitely hold my money in a bitcoin wallet because in my opinion in this way my money are really safe and i think no one can actually steal my bitcoins from a cold storage
hero member
Activity: 854
Merit: 500
July 02, 2016, 08:17:28 AM
Depends on situation, bank is good for loans and other sutff like credits, bitcoin is more safe than banks but with bitcoin user can't use many options that bank can provide.
hero member
Activity: 3010
Merit: 538
Leading Crypto Sports Betting & Casino Platform
July 02, 2016, 08:03:43 AM
For me i prefer bitcoin wallet than banks. Because banks are not too extensive transaction for one country to another country was very limited. And if I using Bitcoin wallet is more easy to use have low fee and you can send your money in one country to another country.

For me, you don't have to choose to both of them. Because they are both important. Banks are for fiat money.
And bitcoin wallet is for our bitcoins.
For me i also choose bitcoin because now im looking for fast income thats bitcoin is while in the bank less risk but its take a lot of time to earn an interest on your savings.
Everybody just wants to get a side income from bitcoin because bitcoin is one of the easy way to get a passive income, the bitcoin offers for who want to using bitcoin it's will get a some advantages from them. bitcoin have a various character. anytime can transform like with their situation.
hero member
Activity: 742
Merit: 500
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July 02, 2016, 07:18:29 AM
For me i prefer bitcoin wallet than banks. Because banks are not too extensive transaction for one country to another country was very limited. And if I using Bitcoin wallet is more easy to use have low fee and you can send your money in one country to another country.

I also like bitcoin much more because of this feature, with bitcoin I can send and receive even from those countries where it is difficult via banks and other payment systems.
member
Activity: 70
Merit: 10
July 02, 2016, 06:49:30 AM
For me i prefer bitcoin wallet than banks. Because banks are not too extensive transaction for one country to another country was very limited. And if I using Bitcoin wallet is more easy to use have low fee and you can send your money in one country to another country.

For me, you don't have to choose to both of them. Because they are both important. Banks are for fiat money.
And bitcoin wallet is for our bitcoins.
For me i also choose bitcoin because now im looking for fast income thats bitcoin is while in the bank less risk but its take a lot of time to earn an interest on your savings.
hero member
Activity: 840
Merit: 501
Strength in Numbers
July 02, 2016, 06:44:33 AM
For me i prefer bitcoin wallet than banks. Because banks are not too extensive transaction for one country to another country was very limited. And if I using Bitcoin wallet is more easy to use have low fee and you can send your money in one country to another country.

For me, you don't have to choose to both of them. Because they are both important. Banks are for fiat money.
And bitcoin wallet is for our bitcoins.
hero member
Activity: 2590
Merit: 644
July 02, 2016, 06:30:42 AM
I would rather choose bitcoin wallet than bank because in bitcoin wallet there is a chance of getting good amount of money because bitcoin is volatile and every year it's price is continue rising so it's best for me to just invest some my money in bitcoin and treat bitcoin wallet like a bank savings account because i'm just like saving my money but the difference is i can earn a lot of money in just a month because of the possible price increase that might happen Smiley.
full member
Activity: 168
Merit: 100
July 02, 2016, 05:54:03 AM
For me i prefer bitcoin wallet than banks. Because banks are not too extensive transaction for one country to another country was very limited. And if I using Bitcoin wallet is more easy to use have low fee and you can send your money in one country to another country.
member
Activity: 98
Merit: 10
July 02, 2016, 05:37:00 AM
We have to understand that ALL banks are scams. All of them generate money from air, offer not backed by real fund credits. They are parasites on our life. But now they are trying to control our life, they could block your account anytime, could refuse your payment, etc. That is the point of the main difference from bitcoin.
member
Activity: 114
Merit: 10
if i can't save earth, i'll damn sure avenge it
July 02, 2016, 04:32:29 AM
No wallet gives interest in stores bitcoins whereas of someone deposited a certain amount of money in a bank under fixed deopsit or similar scheme he is basically earning on his money that is residing safely in the account. You gotta invest or use those bitcoins in some scheme to earn more. Although bitcoins are more prone to get lost due to scams that are a major nuisance for even the most careful of bitcoiners. Hence banks...
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
July 02, 2016, 04:25:56 AM
Bitcoin wallet is good because your money increasing with the increase in bitcoin price but the wallet is less safe then banks... So both have their own importance !!
and when the price is falling your money will decreasing,it's fluctuative so if you gonna hold your money with the exact amount and don't want to get decreased or even increased,wallet is not a good choice but if you want to take advantage of this fluctuative characteristic,it'll good for saving
xht
sr. member
Activity: 462
Merit: 250
hey you, yeah you, fuck you!!!
July 02, 2016, 04:20:17 AM
for a couple days, I prefer bitcoin wallets to save my money as an investment because I believe when halving occurs it will give you an advantage.
copper member
Activity: 1825
Merit: 1004
Campaign Management & Translation Services
July 02, 2016, 04:07:18 AM
Bitcoin wallet is good because your money increasing with the increase in bitcoin price but the wallet is less safe then banks... So both have their own importance !!
hero member
Activity: 868
Merit: 1000
July 02, 2016, 03:59:40 AM
I prefer bitcoin wallet than bank account you can had your money in your hand using bitcoin and you can change it to loccal currency any time you need it. And much better in transaction you can send and receive money with bitcoin. Bitcoin makes transaction easy for the people  that's why we love it.

Bitcoin is best in online transactions as it involves very minimum fees and transactions are too fast, where bank charges are too high and you also need to follow many rules and regulations with it.
sr. member
Activity: 252
Merit: 250
July 02, 2016, 03:59:19 AM
for me wallet is for bitcoin and bank are for local currency. i think bitcion wallet is more convenient that band. you can use directly without exchange. for for local currency you have to exchange in the other currency in which you are going to buy something.
full member
Activity: 168
Merit: 100
July 02, 2016, 03:51:24 AM
I prefer bitcoin wallet than bank account you can had your money in your hand using bitcoin and you can change it to loccal currency any time you need it. And much better in transaction you can send and receive money with bitcoin. Bitcoin makes transaction easy for the people  that's why we love it.
member
Activity: 112
Merit: 10
July 02, 2016, 03:48:04 AM
SOME in a bank, but the majority in a wallet. I even record a wallet.dat on a DVD-rw at times so I have one or so around if my computer should be done If only bitcoin debit card are supported by all country, I will consider that as one of the greatest achievement of bitcoin system in the world. But of course, it will really hard for one country to change it's "whole" financing system into bitcoin as bank today are strong. Believe me, it will take decade or more before it will happen.
full member
Activity: 196
Merit: 100
July 02, 2016, 03:15:38 AM
The advantage of the investment to the bank is that you know exactly how much money you can get through a certain period of time, while the rest of the financial instruments that can not boast. But unlike a bank, Bitcoin price could rise to incredible prices, and for the year, you can get a lot more than putting in the bank.
hero member
Activity: 952
Merit: 1000
July 02, 2016, 02:49:58 AM
Bitcoin over bank all the way. Never let someone else control your money. You can easily keep your Bitcoin secured and locked away from people. All a bank does it lock your money away and lets you spend money who they approve. Doesn't sound like a good deal to me.

You cannot depend only on bitcoin wallet, both are important as bank provides more features and services to its users where as bitcoin wallet will be only helpful only to save coins.
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