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Topic: Saving bitcoins - page 18. (Read 32702 times)

hero member
Activity: 826
Merit: 501
May 24, 2017, 06:46:15 PM
Im started to think if i dont cash out all of my bitcoin in the pass year i should be rich today this price value in the market was really a history and this is really insane i hope the bitcoin price get dump because the my altcoins investment was really killing it if it doesnt stop today i gonna be bankrupt.
hero member
Activity: 952
Merit: 503
May 24, 2017, 04:38:20 PM
Saving bitcoins really helps me to become rich, I save almost 10BTC since last 2 years and now the price of bitcoin is too high. I don't need my job anymore. Grin
i agree with you that saving bitcoin helping to anyone become a rich person  i also save my bitcoin for the future and i get a good profit from bitcoin nowadays.
hero member
Activity: 588
Merit: 500
May 24, 2017, 03:58:33 PM
I don't think saving bitcoins in a bank is safe,and i regret if they put on higher rate like dollars.So instead of saving in a bank,why not save in your own wallet.At least for sure your bitcoins are safe.
although banks are more safe than wallet. because if some one will hack your wallet and take you money, you cannot make claim for that money, ans it is not legal but if some one will take your banks account so you can claim for it as banks are already insured and they have to pay you because they are bound for that, your government is also monitoring banks from time to time.
full member
Activity: 462
Merit: 100
May 24, 2017, 02:07:50 PM
Saving Bitcoins for now is a very good thing to do in comes of investment your hard earned money. Because bitcoin price is going up as hell like there is no one can stop it. Lucky to those who hold their bitcoin ever since, it is now paying off.

Bitcoin pays off very quickly. Even those who buy bitcoin now can still make a profit. Some are already selling their coins, but I do not think that's a good idea. Analysts say that the price of bitcoin will still grow
legendary
Activity: 1456
Merit: 1005
May 24, 2017, 01:54:57 PM
Many users who do not believe in his money in the bank he just trusts his bitcoin and deposits bitcoin to the bank
Why not? They are becoming profitable with depositing or holding coin in a certain wallet rather than putting in a bank which gives a lower rate and such a waste of time if you are aiming to earn. But, I would say that this time still many people are still trusting bank than putting all their money in bitcoin.
Banks will never disappear especially the govt banks some private banks will close in the middle, but govt banks are more safety than private banks. If you compare bank and Bitcoin, of course, people choose banks because bitcoin is not 100% safety and if anything happened we don't know to whom we have to ask. in banks anything happens the govt will take responsibility. That is why more people prefer banks to save money.
sr. member
Activity: 378
Merit: 250
May 24, 2017, 10:09:07 AM
Saving Bitcoins for now is a very good thing to do in comes of investment your hard earned money. Because bitcoin price is going up as hell like there is no one can stop it. Lucky to those who hold their bitcoin ever since, it is now paying off.
sr. member
Activity: 2800
Merit: 344
when lambo...
May 24, 2017, 09:55:25 AM
I don't think saving bitcoins in a bank is safe,and i regret if they put on higher rate like dollars.So instead of saving in a bank,why not save in your own wallet.At least for sure your bitcoins are safe.
sr. member
Activity: 714
Merit: 254
May 24, 2017, 09:48:14 AM
Many users who do not believe in his money in the bank he just trusts his bitcoin and deposits bitcoin to the bank
Why not? They are becoming profitable with depositing or holding coin in a certain wallet rather than putting in a bank which gives a lower rate and such a waste of time if you are aiming to earn. But, I would say that this time still many people are still trusting bank than putting all their money in bitcoin.
sr. member
Activity: 545
Merit: 250
Colletrix - Bridging the Physical and Virtual Worl
May 24, 2017, 09:40:50 AM
Saving bitcoins really helps me to become rich, I save almost 10BTC since last 2 years and now the price of bitcoin is too high. I don't need my job anymore. Grin
legendary
Activity: 3038
Merit: 1169
May 24, 2017, 09:36:16 AM
Storing bitcoin for now would be very useful, and looking at the current bitcoin price, it attracts me to buy a lot of bitcoin. But, nowadays, the bitcoin price is too high, and it makes me unable to buy it in large quantities.

There are many people right now that are attracted with the price of bitcoin, and because of the value right now there have been a massive quantities of people are now in the communities and I think because of these many transactions right now that are unconfirmed right now on blockchain regards on the much higher fee's and I think I will not gonna buy bitcoin right now and would buy on certain Altcoins that are not pumping right now.
sr. member
Activity: 338
Merit: 250
May 24, 2017, 09:27:13 AM
Many users who do not believe in his money in the bank he just trusts his bitcoin and deposits bitcoin to the bank
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
May 24, 2017, 09:01:09 AM
Storing bitcoin for now would be very useful, and looking at the current bitcoin price, it attracts me to buy a lot of bitcoin. But, nowadays, the bitcoin price is too high, and it makes me unable to buy it in large quantities.
legendary
Activity: 3458
Merit: 1280
English ⬄ Russian Translation Services
May 24, 2017, 08:56:00 AM
If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?
Why would you want to save your bitcoin in a bank? That takes away the purpose of bitcoin in the first place. If you just want to keep them safe, use a paper wallet or hardware wallet, even a desktop wallet would be more better option than a bank.
All you need to do is store your keys in a safe place and thats it.

And what is that purpose precisely?

I've seen it so many times mentioned but I have yet to see someone explain to me what this purpose actually consists in. If Bitcoin is a speculative asset (which it is), then the only plausible purpose that Bitcoin can serve is speculation, simply put, buying low and selling high (I guess that should be straightforward and evident). But since you mostly talk about storing Bitcoin in a safe place (i.e. not keeping them in your exchange account, let alone in a bank), it seems that you mean something entirely different. So what is it? What is the purpose of Bitcoin?
hero member
Activity: 1190
Merit: 500
May 24, 2017, 08:40:10 AM
I think banks are not yet accepting any bitcoin as a savings. the only thing we can do is to hold our bitcoin on our wallet, and wait till the price of bitcoin to increase. i believe in the future this thing will happen, as the demand for bitcoin are increasing.   
But I think there may still be an opportunity for banks to accept bitcoin or adopt bitcoin. Maybe the bank will provide certain conditions. Because I see the public interest in bitcoin. Maybe it can be used as a calculation for the bank

hero member
Activity: 714
Merit: 500
May 24, 2017, 08:30:12 AM
Saving/keep bitcoin looks like stupid idea since bitcoin is decentralized and there's no point of using bank unless you need the features/services that offered by the bank.
Furthermore, bitcoin don't experience inflation but deflation, so it's impossible to get deposit rate unless you sell your bitcoin to other currency.

I think you can save or keep bitcoin even without banks.  Since the wallet itself serves as Bank for Bitcoin Smiley.  And putting your hardware wallet or paper wallet in bank is not affected by the inflation and deflation you are talking about.  You can save it as an important document or item in the bank for the added security and not as a currency.

That's the superiority of bitcoin. Where can we use or keep the money owned without the intervention of the bank always gives a fairly high fee to us when you are in it. But keep in mind, though we can as you wish to use or keep the money. Still should be careful in guarding it, because if not then it's all going to end up on one small mistake, but the impact is huge.Be someone who always keep the integrity and security of your account or your network if don't want to lose all of the funds
 
 
hero member
Activity: 714
Merit: 500
May 24, 2017, 08:09:29 AM
no one saves bitcoins.. the best move is to trade them Cheesy
Quite the contrary, actually. Saving has been one of the wisest moves a lot here has done, because saving is already equivalent to investing brought about by the rapid increase in the price of bitcoin. You can even see some who have been holding their bitcoins for at least two years and see how they have multiplied their assets in just a matter of time.
full member
Activity: 270
Merit: 100
May 24, 2017, 08:02:11 AM
no one saves bitcoins.. the best move is to trade them Cheesy
hero member
Activity: 714
Merit: 500
May 24, 2017, 07:43:50 AM
If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?
Why would you want to save your bitcoin in a bank? That takes away the purpose of bitcoin in the first place. If you just want to keep them safe, use a paper wallet or hardware wallet, even a desktop wallet would be more better option than a bank.
All you need to do is store your keys in a safe place and thats it.
sr. member
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
May 24, 2017, 06:45:39 AM
We have our own wallets to keep our bitcoins so just save it there. There's no bank for bitcoins. Try investing it but though it would be better.
hero member
Activity: 2170
Merit: 530
May 24, 2017, 07:39:57 AM
If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?
For real where is your country is there any bank already that accept bitcoins? This is nice but since when? I know only bitcoin wallet can be a good to stock our bitcoin and wait for the bitcoin price to get up or to get more expensive by the time goes by.
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