Author

Topic: Bank or Bitcoin Wallet? - page 137. (Read 230512 times)

legendary
Activity: 1862
Merit: 1015
March 07, 2016, 04:55:38 AM
We can compare if bank can be see and can be locate physically meanwhile bitcoin wallet can't be track and only able to track down if you're access through internet ( online wallet )
But still they are having different purpose for storing savings. ( advantage for saving using Wallet : doesn't provide any addiontional fee )
sr. member
Activity: 406
Merit: 250
March 07, 2016, 04:31:13 AM
Both are very good. I think the people that use Bitcoin like Bitcoin wallets more than the normal banks.
And more people must know about Bitcoin. That is very important. I hope that more people will use Bitcoin in the future.
hero member
Activity: 784
Merit: 500
March 07, 2016, 03:03:05 AM
both, you cannot store satoshi in a bank, and you cannot store paper money on a bitcoin wallet  so use both depend on the circumstance cheers
Yes, we may need both. We need bitcoin wallet to store and collect our bitcoins, and we need banks to store and collect our fiat money, so saying about one thing and saying the other one is bad or negative is not right. We hope in future some technology will develope and bitcoin and banks can combine with each other.

in fact , in this time Im need both of them, I use bitcoin to trade altcoin, and bank use from transfer my fiat money to other people.
hero member
Activity: 826
Merit: 1000
March 07, 2016, 01:42:52 AM
both, you cannot store satoshi in a bank, and you cannot store paper money on a bitcoin wallet  so use both depend on the circumstance cheers
Yes, we may need both. We need bitcoin wallet to store and collect our bitcoins, and we need banks to store and collect our fiat money, so saying about one thing and saying the other one is bad or negative is not right. We hope in future some technology will develope and bitcoin and banks can combine with each other.
member
Activity: 98
Merit: 10
March 07, 2016, 12:11:57 AM
what you will chose amomg them.and why do the banks are afraid of bitcoin.why banks are not much smooth and faster like bitcoin.if banks start accepting bitcoin as payments then will it became a revolutionary for us?can bank can solve our mining or money curculation probems.

In short, no. Sorry bud  Wink
sr. member
Activity: 714
Merit: 250
March 07, 2016, 12:10:02 AM
Now bank is more important, it is possible to make transfer to limited people with bitcoin.
Most citizen of a country owns a bank account. Bitcoin wallets will be preferred when
everything gets digitalizes and lot of people over the entire world adopt bitcoin.

We should make a change in money savings and money transfer through account. Now bank is doing that only. I wish to replace that by bitcoin. Bitcoin is only money to replace it's position.
bitcoin is very fast, reliable and smooth in transactions than bank.

Yeah and that also with the least fees, once the people are aware about it, they would surely switch to bitcoins and get rid of the traditional banking system as bank fees are too high and not affordable.
Yes but I think banks will not be eliminated due to the fact that many people who still need banks although it costs include costs outweigh the transaction with bitcoin.
full member
Activity: 238
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
March 06, 2016, 10:18:31 PM
Now bank is more important, it is possible to make transfer to limited people with bitcoin.
Most citizen of a country owns a bank account. Bitcoin wallets will be preferred when
everything gets digitalizes and lot of people over the entire world adopt bitcoin.

We should make a change in money savings and money transfer through account. Now bank is doing that only. I wish to replace that by bitcoin. Bitcoin is only money to replace it's position.
bitcoin is very fast, reliable and smooth in transactions than bank.

Yeah and that also with the least fees, once the people are aware about it, they would surely switch to bitcoins and get rid of the traditional banking system as bank fees are too high and not affordable.
sr. member
Activity: 434
Merit: 250
March 06, 2016, 09:59:54 PM
Now bank is more important, it is possible to make transfer to limited people with bitcoin.
Most citizen of a country owns a bank account. Bitcoin wallets will be preferred when
everything gets digitalizes and lot of people over the entire world adopt bitcoin.

We should make a change in money savings and money transfer through account. Now bank is doing that only. I wish to replace that by bitcoin. Bitcoin is only money to replace it's position.
bitcoin is very fast, reliable and smooth in transactions than bank.
hero member
Activity: 784
Merit: 500
March 06, 2016, 09:49:30 PM
Banks arent safe as before,hackers can attack them and they proved they can hit any place,bitcoin has a wall into it called hash,the wallets can be easy hacked?I doubt this can happen they need the password and the 2fa ,in the most besides those they need the identifier wallet,soo for me even lost some btc these days becuase i didnt record the information that i should ,i know wallets of bitcoin better then any bank that government can control.

In my bank im use 2fa too Roll Eyes i think the problem is not at hack account, i doubt people can hack your bank easily. for security i think bank more secure. but the problem is the Government could bankrupt and you can not withdraw your money from the bank like Greece.
hero member
Activity: 560
Merit: 500
March 06, 2016, 01:11:48 PM
Banks arent safe as before,hackers can attack them and they proved they can hit any place,bitcoin has a wall into it called hash,the wallets can be easy hacked?I doubt this can happen they need the password and the 2fa ,in the most besides those they need the identifier wallet,soo for me even lost some btc these days becuase i didnt record the information that i should ,i know wallets of bitcoin better then any bank that government can control.
hero member
Activity: 1063
Merit: 502
RIP: S5, A faithful device long time
March 06, 2016, 11:25:07 AM
what you will chose amomg them.and why do the banks are afraid of bitcoin.why banks are not much smooth and faster like bitcoin.if banks start accepting bitcoin as payments then will it became a revolutionary for us?can bank can solve our mining or money curculation probems.

Use coinmotion.com/bitrex.com (bitrex you can add ALLMOST all altcoins at same wallet service)
hero member
Activity: 784
Merit: 500
March 06, 2016, 10:57:36 AM
Now bank is more important, it is possible to make transfer to limited people with bitcoin.
Most citizen of a country owns a bank account. Bitcoin wallets will be preferred when
everything gets digitalizes and lot of people over the entire world adopt bitcoin.

agree with you, if you have bussines, you will know we need bank everyday. today i make transfer to my big sister, not much arround $40 use bank but the fee arround $0.5 if i use bitcoin the fee can be $0.01, but the problem he not use bitcoin. so im use bank with fee $0.5
hero member
Activity: 2646
Merit: 548
DGbet.fun - Crypto Sportsbook
March 06, 2016, 10:39:07 AM
Now bank is more important, it is possible to make transfer to limited people with bitcoin.
Most citizen of a country owns a bank account. Bitcoin wallets will be preferred when
everything gets digitalizes and lot of people over the entire world adopt bitcoin.
sr. member
Activity: 287
Merit: 250
March 06, 2016, 10:03:03 AM
I would choose for the bitcoin wallet for sure, because you can control your own money and no one is looking afterwards.
Also the bitcoin wallet is much faster with transactions if you ask me.

That's true, but unfortunately Bitcoin is not supported in my famous marketplaces and also not yet supported as payment processor in many used platforms online, so that's why i think we need both wallet and banking accounts

Yes, I think at a moment we need both, as we don't find bitcoin platform everywhere, but things will change in future when bitcoin gets on mainstream, I think at that time we won't need banks anymore.
hero member
Activity: 742
Merit: 500
March 06, 2016, 09:59:17 AM
I would choose for the bitcoin wallet for sure, because you can control your own money and no one is looking afterwards.
Also the bitcoin wallet is much faster with transactions if you ask me.

That's true, but unfortunately Bitcoin is not supported in my famous marketplaces and also not yet supported as payment processor in many used platforms online, so that's why i think we need both wallet and banking accounts
hero member
Activity: 994
Merit: 500
March 06, 2016, 09:01:39 AM
Well I think a match of both is the best thing you can have of course, but due to the fact the bitcoin wallet is for me a real option.

Due to the point the bitcoin wallets is way more secured than a bank if you ask me, also there are more options to store your bitcoins that what I also like about it.
Also controlling your own money feels much safer, no one is looking at your wallet to control you and the transactions indeed take a lot of time at my bank.
hero member
Activity: 770
Merit: 500
Forza Roma
March 06, 2016, 08:59:08 AM
I would choose for the bitcoin wallet for sure, because you can control your own money and no one is looking afterwards.
Also the bitcoin wallet is much faster with transactions if you ask me.
hero member
Activity: 672
Merit: 500
March 06, 2016, 08:45:46 AM
All I could say is that both are my choices.. I keep my bank account and a bitcoin wallet, you cannot buy physical goods in a physical store using bitcoin, banks could still find remedy to its problems  when it comes to ease of using it, and might also resort to using same as bitcoin technology in the future, while bitcoin, is good in online transactions, and the wallet too is the best compared to bank passbooks.. but bitcoin is too young to say that it would stay like that forever..

That's the truth, already i think that Bitcoin's community still needing and using banking services because it's also needed even to support Bitcoin
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
March 06, 2016, 08:37:29 AM
All I could say is that both are my choices.. I keep my bank account and a bitcoin wallet, you cannot buy physical goods in a physical store using bitcoin, banks could still find remedy to its problems  when it comes to ease of using it, and might also resort to using same as bitcoin technology in the future, while bitcoin, is good in online transactions, and the wallet too is the best compared to bank passbooks.. but bitcoin is too young to say that it would stay like that forever..

i agree. we all have to rely on banks for now. bitcoin is still not popular so we will need banks to keep our money and use other services like credit cards,... provided by a bank until the day comes that we don't need banks anymore and replace them with bitcoin.
sr. member
Activity: 266
Merit: 250
March 06, 2016, 08:34:20 AM
All I could say is that both are my choices.. I keep my bank account and a bitcoin wallet, you cannot buy physical goods in a physical store using bitcoin, banks could still find remedy to its problems  when it comes to ease of using it, and might also resort to using same as bitcoin technology in the future, while bitcoin, is good in online transactions, and the wallet too is the best compared to bank passbooks.. but bitcoin is too young to say that it would stay like that forever..
Jump to: