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Topic: Bank or Bitcoin Wallet? - page 150. (Read 230501 times)

legendary
Activity: 2100
Merit: 1058
February 05, 2016, 12:35:23 PM
my bitcoin wallet is my bank .... or maybe someday

I choose wallets, I think they are safer.
I just a feeling I have when I have money on the bank, its bad.
The wallets are really from you no one can say something about it.
i have the same feeling about keeping all my money at a bank. although it is safe but i don't like keeping all my eggs in one basket.
I would choose for the bitcoin because its much safer and easier.
Plus you really owns the wallet there is no bank.

I also choose for the bitcoin as with it we can trade ourselves , so no need of any third party to earn with it and give us a small fraction of the money earned with our money deposited at the banks. I like the bitcoin more, also it is already secure more than banks.
member
Activity: 114
Merit: 10
if i can't save earth, i'll damn sure avenge it
February 05, 2016, 12:18:42 PM
Banks do provide more facilities; also various services that are provided can be understood and and used for benefit even by people who aren't that tech friendly and aware. Bitcoins are good but they can not guarantee returns that recurring deposits or fixed deposits provide at least not without the risk of ponzi or scam for beginners or in some cases even experienced ones.
sr. member
Activity: 280
Merit: 250
February 05, 2016, 11:14:34 AM
I do not trust the bank at all.
If you have a bitcoin wallet you can really control it yourself.
Plus its pretty fast and secure.
legendary
Activity: 2436
Merit: 1008
February 05, 2016, 11:12:45 AM
I personally Bank wallet much better. Because I think more reliable and can be much quicker with your money.
If you have online banking, there is a chance you can be hacked.
Yeah, bank is much more reliable than Bitcoin. But I personally think that Bitcoin is much faster when it comes to term 'speed'.
Your online bank account is very easy to be hacked if you are using a weak password, signing in on a phishing website, etc.

In terms of your "speed" they are the same. What kind of bank you have there. There are express payment system now in every country and here in our local. When we have funds, it's just one click away to transfer in our ATM card then withdraw the money.

And you called online bank account "easy" to hacked? Hallelujah to that bank. Really a garbage one. What kind of bank is there that has low security.

And FYI, weak password , phishing can also happened to bitcoin.

And security today is more secure like you need to verify it with your mobile, email, 2fa etc. Come on don't live in the early days.
hero member
Activity: 756
Merit: 500
I don't bite.
February 05, 2016, 10:21:05 AM
I personally Bank wallet much better. Because I think more reliable and can be much quicker with your money.
If you have online banking, there is a chance you can be hacked.
Yeah, bank is much more reliable than Bitcoin. But I personally think that Bitcoin is much faster when it comes to term 'speed'.
Your online bank account is very easy to be hacked if you are using a weak password, signing in on a phishing website, etc.
full member
Activity: 224
Merit: 100
February 05, 2016, 09:58:27 AM
I would choose for a bitcoin wallet its more secured, faster and easier.
Also your not dependent on bank that controls your account.
hero member
Activity: 672
Merit: 500
February 05, 2016, 09:42:58 AM
I personally Bank wallet much better. Because I think more reliable and can be much quicker with your money.
If you have online banking, there is a chance you can be hacked.
legendary
Activity: 2436
Merit: 1008
February 05, 2016, 09:05:07 AM
I use bank and bitcoin all of them  Grin

Naah. Bank is waste one When we compare with Bitcoin wallet. Btc Wallet is very digital one Bank. Which gonna put down bank very soon. So kill bank and welcome Bitcoin wallet.

You have a bank account? You experienced how banking works? If not stop saying non sense here.

Banks are important you can't erase that even bitcoin will truly dominate in the future.
member
Activity: 98
Merit: 10
February 05, 2016, 08:25:00 AM
Both. I can't leave my bank for some currency that is failing at the moment. Not to say Bitcoin is a failure all together. Just currently it is.
sr. member
Activity: 532
Merit: 253
February 05, 2016, 08:16:31 AM
i'd like to use my bank account only to buy bitcoins to pump my wallet
full member
Activity: 140
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
February 05, 2016, 05:58:38 AM
I use bank and bitcoin all of them  Grin

Naah. Bank is waste one When we compare with Bitcoin wallet. Btc Wallet is very digital one Bank. Which gonna put down bank very soon. So kill bank and welcome Bitcoin wallet.

When you use an online wallet such as coinbase, you are entrust it with your money. That is the same as a bank but you are not protected.
member
Activity: 70
Merit: 10
February 05, 2016, 03:48:12 AM
I think most of the people with bitcoin want to be more related to the no-central-authority aspect of it, Saving money in bank is doing the opposite IMO.
sr. member
Activity: 378
Merit: 250
February 04, 2016, 05:16:06 PM
I use bank and bitcoin all of them  Grin

Naah. Bank is waste one When we compare with Bitcoin wallet. Btc Wallet is very digital one Bank. Which gonna put down bank very soon. So kill bank and welcome Bitcoin wallet.

Also banks have different comissions for administrating the accont and such. At least the wallet is free to keep.
sr. member
Activity: 434
Merit: 250
February 04, 2016, 11:19:38 AM
I use bank and bitcoin all of them  Grin

Naah. Bank is waste one When we compare with Bitcoin wallet. Btc Wallet is very digital one Bank. Which gonna put down bank very soon. So kill bank and welcome Bitcoin wallet.
sr. member
Activity: 476
Merit: 250
U will never know the true answer, before you try
February 04, 2016, 11:17:55 AM
I'm not sure but from what I've read "bitcoins are safer than all the security from all the banks put together". Truth will reveal itself in time, but until now it looks pretty good.

yeahh.. it's because bitcoin use decentralization system, no peple can freez it like at bank account
and i choose the wallet with full acces to my address
legendary
Activity: 2436
Merit: 1008
February 04, 2016, 11:10:14 AM
Im using banks in most of my transaction. I found it simple and no hassle. Just don't get what others saying here that banks are really crucial. I even have a savings too stored in bank and earning interest from it.

Before talking about the bad sides bank be sure that you have experienced it and just don't based it on what you read on the internet about banks.

At the same time, I regularly used bitcoin transaction too. Besides I have coins stored in multiple exchanges as part of my method as an average trader.
hero member
Activity: 966
Merit: 552
February 04, 2016, 10:35:18 AM
I use bank and bitcoin all of them  Grin
legendary
Activity: 3374
Merit: 1824
February 04, 2016, 10:34:55 AM
It's not simple question really.
Of course, as bitcoin user I prefer Bitcoin wallet because it's more safe, anonymous and it's way to financial freedom, in my opinion.
But, we still don't live in bitcoin world and need banks to.
Without banks you can't get loans, receive salary etc.
I have dream that once this will change and my salary will be in bitcoin but thus is distant future.
Right now I prefer bitcoin wallet but have to use both. 
sr. member
Activity: 434
Merit: 250
February 04, 2016, 10:28:13 AM
I think the bitcoin wallet is better, its secure and safe.
Its also fast and you do not depend on some kind of bank.

Indeed the bitcoin wallet is better.
The main reason why I choose for a wallet is because it not depends on a bank.
Also the bank doesn't know what you got.
sr. member
Activity: 462
Merit: 250
February 04, 2016, 10:13:05 AM
I think the bitcoin wallet is better, its secure and safe.
Its also fast and you do not depend on some kind of bank.
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