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Topic: Feeling bitter in banks? - page 6. (Read 1110 times)

jr. member
Activity: 329
Merit: 3
June 05, 2018, 07:53:31 AM
many people are now transferring money in the bank into digital currency. because when the money is deposited in the bank the money will not increase even less. but if stored in the form of bitcoin or other alt it could be 2 times or more its profit. there is still a good chance if we keep setting aside a small fiat currency for emergencies


I don't think there is a need to feel bitter in bank because in the first place bank has been a good help to us for the longest time now and it doesnt mean that they are useless because we find crypto more profitable. Both are product of technology and that is something we should all be grateful of in my own personal view.
full member
Activity: 322
Merit: 100
June 05, 2018, 07:43:40 AM
many people are now transferring money in the bank into digital currency. because when the money is deposited in the bank the money will not increase even less. but if stored in the form of bitcoin or other alt it could be 2 times or more its profit. there is still a good chance if we keep setting aside a small fiat currency for emergencies
full member
Activity: 378
Merit: 100
May 29, 2018, 11:05:29 AM
When I hear news like this it may be silent including a powerful way to aggravate the situation because the bank feel depressed after the emergence of this increasingly rapid cryptocurrency so the effort to bring down the crypto is so great that it makes one worry.
member
Activity: 322
Merit: 12
May 28, 2018, 09:58:31 PM
Of course not, because banks is our first trusted money safekeep. That is our first traditional way of saving and keeping our money. Although nowadays we already have explored many sources on how to multiply our savings and money, there are a lot of opportunities also offered in crypto world, the world innovates and moving fast towards hi technology, yet we still remain our bank engagement in some other ways too.
newbie
Activity: 154
Merit: 0
May 28, 2018, 09:36:01 PM
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
If you find bitterness in the bank, then you can use the extra money you have deposited to invest in bitcoin or you can participate in trading different currencies altcoin if you want when you  feeling bitter in bank
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
May 28, 2018, 08:44:25 PM
I don't feel any bitterness in banks because i use them also to keep my fiat money safe. I don't put all of my money in the cryptocurrencies because i know that there is a high risk of losing money since the fluctuation in the cryptocurrency markets are so high and i can't afford to lose 50% for my future savings.
full member
Activity: 378
Merit: 100
May 28, 2018, 08:33:29 PM
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?

Banks are bitter about cryptocurrency because they know that bitcoins is a threat to their business but still they will be able to defeat cryptocurrency because the people knew that they will get more profit in bitcoins more than on banks.
member
Activity: 350
Merit: 10
May 28, 2018, 08:32:08 PM
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
I have no idea about this because you have freedom of speech. They have the right to their own opinions and create a happy and useful discussion.
From my personal point of view, banking is an essential part of every human life. Crypto is a new thing and it takes time to be accepted all over the world.
member
Activity: 372
Merit: 10
May 28, 2018, 05:46:30 PM
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
Yes it's tiring but we have different opinions so I think its alright the opinions of others in bank and to crypto. And I think it will not avoid that the bank and cryptocurrecy will compare to each people because of their different opinions.
jr. member
Activity: 238
Merit: 1
May 28, 2018, 05:29:06 PM
For most people in the cryptocurrency world, saving at the bank is just a waste of time and resources. To them, banks do not add any huge fund or interest of the money you might save there may not fetch you anything. It is always good to invest in any of the trusted coins you can think of and stop the issue with banks. I was at first making a little saving at the bank and imagine, for one year now, I have gotten a very little interest which to me is not helpful as compared to investing in cryptocurrencies.
sr. member
Activity: 868
Merit: 266
May 17, 2018, 03:35:45 PM
Not really sick and tired of reading those rants about the banks because I do know where these people are coming from. Some may have bad experiences on some banks thats why they feel that way and some have not experienced having troubles with banks too.
Because of banks, people have lost their homes and are now living in the streets. Imagine the financial crisis which the banks caused, they ended up being bailed out whiles their customers were the ones who ended up suffering.
full member
Activity: 420
Merit: 100
CAT.EX Exchange
May 17, 2018, 02:46:38 PM
I think there are many people who think like that. maybe they compare cryptocurrency and bank because they think about the money they spend for the bank. every transaction using the bank, there will be a tax imposed. and it becomes a bitter feeling for bank users. but for the time being I did not even think about eradicating banks and being replaced by crypto. because I think it's just a silly thought. how the bank will get eradicated, when the government can get the results from the bank and many still use the bank.
sr. member
Activity: 518
Merit: 250
May 17, 2018, 02:44:19 PM
Not really sick and tired of reading those rants about the banks because I do know where these people are coming from. Some may have bad experiences on some banks thats why they feel that way and some have not experienced having troubles with banks too.
sr. member
Activity: 980
Merit: 255
May 17, 2018, 02:08:01 PM
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
The fact is that bitcoin is not here to replace banks but it will have a change in the entire economic structure in the future, we need the support of banks to convert bitcoin to local currency and wise versa, if the banking sector cuts off their ties with exchanges it will be difficult for world wide adoption without a doubt, we need both to co exist to have a better solution for everyone.
People are bitter because they see banks are rigging the rules in their favor, if the system was fair and the banks were powerful people will not complain since they will know they obtained that power in a fair way, but that is not the case we know banks are in the bed with governments, and we know governments pass laws in favor of those that are already very powerful while the rest of the people are affected by those decisions, consequently people feel they cannot advance in the economic ladder because of it.
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
May 17, 2018, 12:36:50 PM
I do not understand why many in this forum believe that crypto currency can lead to the destruction of banks.

Banks will lead to the destruction of banks.  Sooner or later they'll make a mistake so big that no government can bail them out.  

Think about it.  Banksters are effectively above the law.  There isn't a line they won't try to cross.  They aren't afraid to push their luck because they know the system is built in their favour, which only makes them more reckless.  They're greedy, arrogant sacks of human excrement with a gambling addiction.  They spend literally all day making bets on a global $1.2 quadrillion derivatives market which is practically the equivalent of 'Monopoly Money' at this stage.  It's a recipe for disaster.  And that's when they aren't laundering money for drug cartels, rigging markets, organising fraudulent mergers and whatever other criminal activity they're currently getting away with.

Cryptocurrency doesn't need to do anything, other than merely be around to pick up the pieces of whatever is left when the banks inevitably take that one step too far and fuck the world beyond fixing.
full member
Activity: 658
Merit: 102
May 17, 2018, 12:12:09 PM
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
I do not understand why many in this forum believe that crypto currency can lead to the destruction of banks. This, in practice, a complete ignorance of the fundamentals of the economy and what the banks are doing and what their functions are. And no arguments are given in favor of such an opinion. Some people will switch to using crypto currency. this will reduce the profits of bankers. And that's all. Next, banks will adjust to new conditions and earn, including providing services in the crypto currency. In the past, after the legalization of the crypto currency, banks and crypto currency will exist and work together.
hero member
Activity: 658
Merit: 500
May 17, 2018, 12:08:29 PM
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
Even this thread reminds me of the hatred bitcoin lovers have about the banking sector. It isn't any different and I feel that bitter taste in my mouth right now. But the truth is that no matter what the hatred is towards the banks, the banks can't be totally eradicated. Banks will be there to ease bitcoin or crypto transactions.
It’s true the Bank will remain, especially the country central bank but the small banks will lose demands if the triumph of Cryptocurrencies come especially the banks that don’t keep up with the times, I think the current banking service is very long and convoluted, different ATM of banks and have to look for the same ATM if you don’t want to be charged with additional money, if the ATM has integrated already.
sr. member
Activity: 1463
Merit: 265
Pepemo.vip
May 17, 2018, 12:04:36 PM
Maybe not tired but that is in some aspects true cause banks makes some transactions slower and your account is still connected to some people in crypto it is completly diffrent.
hero member
Activity: 884
Merit: 500
May 17, 2018, 11:58:52 AM
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
Yeah! You're right. Why there are so many people who compared banks and crytptocurrency. Banks will always remain for a long time and so as cryptocurrency. So we with them as part of our life.
Yes, and I believe these 2 things that are currently against each other will gradually merge into something more solid.
legendary
Activity: 1652
Merit: 1000
May 17, 2018, 11:56:05 AM
i was never know what cause people hate bank but probably some of them does not liked banks because banks too powerfull rather than their costumers even we have money and want to saving it at banks but to get an account at there we have to following their rule and they also can control our fund but use bitcoin is different that we can fully access to our fund without being interrupted by the other party
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