Pages:
Author

Topic: Do you think Bitcoin makes revolution on money transfer market ? - page 3. (Read 3142 times)

legendary
Activity: 1876
Merit: 1005
Yes, I do think Bitcoin makes revolution on money transfer market because of the advantages like cost effective,time saving and freedom on transfer anytime from anywhere to anyone in the world.People including me already begin to use Bitcoin as money transfer in future we will see even more usage by millions.
sr. member
Activity: 490
Merit: 250
I voted yes because I believe that bitcoin makes a revolution of money transfer. With bitcoin  you can now move billions of $ in your pocket without getting it seized.
member
Activity: 98
Merit: 10
hahahaa,,,,thats funny, but i think yes, because btc have biggers user in internet  Cheesy
hero member
Activity: 756
Merit: 500
Bitcoin is a revolution not only in money transfers but in anything related to money , so much like between diskettes and USB 3.0 sticks


But maybe bitcoin will be the diskettes compared to usbs in the near future. Something better than bitcoin could always come along, though hopefully whatever was better could just be implemented into bitcoins code if it was obviously better (though I doubt it would eb as easy as that looking at the current block sized debate debacle.
legendary
Activity: 2660
Merit: 1141
It has been a revolution for now, and bitcoin dont need any bank to accept it. Both of them have different principals, which banks want to take some profit from the money transfers, and in otherwise bitcoin give easiness for people in money transfers.
don`t need any bank to transfer btc ..and you don`t pay any cost ...really think about that
Sorry but I using blockchain to transfer my btc, not bank. Or maybe you could correct me if I'm misunderstanding your opinion Smiley Bitcoin can grow without banks, it just need an internet connection for you to access and use it.
thats what i said  Cool
Oh damn, sorry I didnt read your post clearly, I thought you said we do need bank  Embarrassed
sr. member
Activity: 392
Merit: 250
It has been a revolution for now, and bitcoin dont need any bank to accept it. Both of them have different principals, which banks want to take some profit from the money transfers, and in otherwise bitcoin give easiness for people in money transfers.
don`t need any bank to transfer btc ..and you don`t pay any cost ...really think about that
Sorry but I using blockchain to transfer my btc, not bank. Or maybe you could correct me if I'm misunderstanding your opinion Smiley Bitcoin can grow without banks, it just need an internet connection for you to access and use it.
thats what i said  Cool
legendary
Activity: 2660
Merit: 1141
It has been a revolution for now, and bitcoin dont need any bank to accept it. Both of them have different principals, which banks want to take some profit from the money transfers, and in otherwise bitcoin give easiness for people in money transfers.
don`t need any bank to transfer btc ..and you don`t pay any cost ...really think about that
Sorry but I using blockchain to transfer my btc, not bank. Or maybe you could correct me if I'm misunderstanding your opinion Smiley Bitcoin can grow without banks, it just need an internet connection for you to access and use it.
sr. member
Activity: 392
Merit: 250
Yes, it can be for sure with time.  Wink When banks will start accept BTC as payment ...  Grin
It has been a revolution for now, and bitcoin dont need any bank to accept it. Both of them have different principals, which banks want to take some profit from the money transfers, and in otherwise bitcoin give easiness for people in money transfers.
don`t need any bank to transfer btc ..and you don`t pay any cost ...really think about that
legendary
Activity: 2660
Merit: 1141
Yes, it can be for sure with time.  Wink When banks will start accept BTC as payment ...  Grin
It has been a revolution for now, and bitcoin dont need any bank to accept it. Both of them have different principals, which banks want to take some profit from the money transfers, and in otherwise bitcoin give easiness for people in money transfers.
sr. member
Activity: 392
Merit: 250
In my case, yes, bitcoin makes things a lot easier and faster.

Before I had to wait for up to 5 and even 7 days for a wire transfer when withdrawing profits from my trading accounts. That all changed since having the option to withdraw in bitcoin.

If I now make a withdrawal in bitcoin before 3 in the afternoon I'm able to receive and convert it and have it deposited into my local bank account by the next day latest 5 in the afternoon. Sometimes even around 10 in the morning. So what used to take 5 to 7 days now takes me less than 24 hours to do.

Cost is another factor. Before it cost me anything up to $30 to make such withdrawals, not it essentially costs nothing.
yes man that is what i try to say Smiley))....but lot of people don`t have internet acces ore don`t know how to use btc

sr. member
Activity: 336
Merit: 251
In my case, yes, bitcoin makes things a lot easier and faster.

Before I had to wait for up to 5 and even 7 days for a wire transfer when withdrawing profits from my trading accounts. That all changed since having the option to withdraw in bitcoin.

If I now make a withdrawal in bitcoin before 3 in the afternoon I'm able to receive and convert it and have it deposited into my local bank account by the next day latest 5 in the afternoon. Sometimes even around 10 in the morning. So what used to take 5 to 7 days now takes me less than 24 hours to do.

Cost is another factor. Before it cost me anything up to $30 to make such withdrawals, now it essentially costs nothing.
sr. member
Activity: 392
Merit: 250
Yes, it can be for sure with time.  Wink When banks will start accept BTC as payment ...  Grin
they will must accept because to many people will use bitcoin
hero member
Activity: 658
Merit: 500
Yes, it can be for sure with time.  Wink When banks will start accept BTC as payment ...  Grin
sr. member
Activity: 392
Merit: 250
yeah but for now only online and especially with gambling site, but overall with everything else, because i do not need to put my cvv and other sensitive info of my credit cards, which is always a danger

i've heard about people that have their money stolen from their card some times, with certain site, because the employees can use the stored data and use your card

if you think about it they have the same security of a online exchange if someone hack it you lost big
that is a risk in every industry on the internet i think
legendary
Activity: 3248
Merit: 1072
yeah but for now only online and especially with gambling site, but overall with everything else, because i do not need to put my cvv and other sensitive info of my credit cards, which is always a danger

i've heard about people that have their money stolen from their card some times, with certain site, because the employees can use the stored data and use your card

if you think about it they have the same security of a online exchange if someone hack it you lost big
sr. member
Activity: 392
Merit: 250
but if thoes large chunks of bitcoin are controlled of financial institusion ..think about that

That would scare away me from bitcoin Smiley. Bitcoin controlled by banks or even worse governments would be something like VISA and Mastercard on steroids :/. That's why I'm pretty sure sooner or later we will see a great rise of govt coins, that will make surveillance much easier and much more effective.

I have no doubt govcoins will appear soon. Fortunately bitcoin will not be controlled by them in any future i forsee.

I doubt any government or big institutions will allow for bitcoins to grow in bigger size. But surely bitcoin has made online money transfer easy.
i think the government is watching bitcoin....this is the future ...why don`t we see that
legendary
Activity: 1456
Merit: 1023
but if thoes large chunks of bitcoin are controlled of financial institusion ..think about that

That would scare away me from bitcoin Smiley. Bitcoin controlled by banks or even worse governments would be something like VISA and Mastercard on steroids :/. That's why I'm pretty sure sooner or later we will see a great rise of govt coins, that will make surveillance much easier and much more effective.

I have no doubt govcoins will appear soon. Fortunately bitcoin will not be controlled by them in any future i forsee.

I doubt any government or big institutions will allow for bitcoins to grow in bigger size. But surely bitcoin has made online money transfer easy.
hero member
Activity: 576
Merit: 503
but if thoes large chunks of bitcoin are controlled of financial institusion ..think about that

That would scare away me from bitcoin Smiley. Bitcoin controlled by banks or even worse governments would be something like VISA and Mastercard on steroids :/. That's why I'm pretty sure sooner or later we will see a great rise of govt coins, that will make surveillance much easier and much more effective.

I have no doubt govcoins will appear soon. Fortunately bitcoin will not be controlled by them in any future i forsee.
hero member
Activity: 576
Merit: 503
It depends what you mean by money transfer. If some guy in Asia wants to send BTC to a guy in Europe, there's no doubt it's easier and faster than sending $. Now, if the transfer starts with an Asian currency and must end up with Euros, conversion to BTC then to Euros will cost you more than with banks sending hard currency.
yes you are right but think about the time and the cost of a bank transfer.. if you wanna transfer a large cuantite of money

Hmm. Sounds like you mean he's not right about anything. I would agree with that then Smiley
sr. member
Activity: 392
Merit: 250
If bitcoin was accepted as a medium of global money transfer, people's money might be gets stolen -> www.directory.io (don't steal anything from here, but probability of stealing is less because of math) isn't it?
So bitcoin doesn't makes revolution on money transfer.


~Rude Boy Kiss
if so will steal only smart people not the stupid people ho don`t know how to read "))))))))))
Pages:
Jump to: