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Author Topic: Bank or Bitcoin Wallet?  (Read 230401 times)
bob123
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March 27, 2016, 01:20:11 PM
 #1281

I would always prefer bitcoins over a bank.
I rather hold my money myself instead of relying on others to do that.

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March 27, 2016, 01:29:58 PM
 #1282

I think the most people will go for the bitcoin wallet because it has much better features if you ask me.
In first place its much faster and also much easier globally because you can use it everywhere over the globe.
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March 27, 2016, 01:41:00 PM
Last edit: March 27, 2016, 10:35:49 PM by jt byte
 #1283

For me, i will choose bitcoin. Because bitcoin are much faster, secure and takes no time to make your own wallet. Also you don't need to have a remaining balance and you can store how much you like, no minimum needed. Banks takes much time to apply and they need so many papers, some of them you can't withdraw all of you're money.

Indeed, the bitcoin wallet is just much better to choose due to the facts its untraceable and its also very safe to use these days.
You can pay globally with it and you can see a lot of stores are upcoming these days plus if you want to give a friend some cash its in a couple minutes in his wallet mostly.
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March 27, 2016, 07:19:07 PM
 #1284

Well, bank is extremely different from bitcoins and bitcoins has some other advantages. That's why I love using bitcoins since you are your own bank, I don't see a need to insert a medium authority and it would change the very concept of bitcoins IMO.
The difference between bank and bitcoin wallet are just advantages of bitcoin system. These differences will make people to get into a  better system, which is currently in the format as bitcoin wallets.
Yes, when people in future searching for more convenient and better banking environment, then they will find out bitcoin as their most flexible and suitable banking system. Bitcoin would be the future banking system for all the people worldwide.
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March 27, 2016, 07:38:20 PM
 #1285

btc is more economic than classi bank system.... why choose bank system I don't know!

Bitcoin with banks have different functions according to me. At the bank we can borrow money but in bitcoin as far as I can not borrow money.
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March 28, 2016, 06:22:21 PM
 #1286

I'm going for the bitcoin wallet because the security of it is much better, my bank is down a lot and I can do nothing if I want to pay something.
With the bitcoin I never had this problem and its also much faster.

Banking too have high security. The problem is it can be accessed by bank professional's. As wallet is considered as our own bank it's one step ahead in security than banking. So both are required at present.
Yes, that is the present scenario. A common man will need both bank and bitcoin wallet. Because when security and convenient are concerns, we need  both bank account and bitcoin. Once bitcoin is more popular than we can simply switch over completely bitcoin by ignoring bank accounts.
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March 28, 2016, 07:10:40 PM
 #1287

btc is more economic than classi bank system.... why choose bank system I don't know!
well it is way more mainstream right now and all the people now seem to be liking bank payments as they dont like new technologies

in my opinion it is better to go with bitcoin wallet as you can be your own bank and dont need the others
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March 28, 2016, 07:41:52 PM
 #1288

i use both of them because i believe that bitcoin is a really safe way to hold your money into and its a good investment option

while bank wallet is a really great thing for fast checking out in shops or online shops

 
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March 28, 2016, 08:04:48 PM
 #1289

Without hesitation I would pick bitcoin for one simple reason. Banks can freeze my account and money, but with bitcoin no one can freeze your coins.
I do not think that it is good you put all your money into bitcoin because of possible risks that this task has.

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avw1982
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March 28, 2016, 08:08:41 PM
 #1290

i use both of them because i believe that bitcoin is a really safe way to hold your money into and its a good investment option

while bank wallet is a really great thing for fast checking out in shops or online shops

Not all people use bitcoin to send or receive payments. The number of people is very small comparing to number of people that use banks.
I think to use both of them, bitcoin mostly if you use it more often and bank for rare transaction. Sure as you expect bitcoin wallet will come to normal groceries as well.

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March 28, 2016, 08:21:49 PM
 #1291

Without hesitation I would pick bitcoin for one simple reason. Banks can freeze my account and money, but with bitcoin no one can freeze your coins.
I do not think that it is good you put all your money into bitcoin because of possible risks that this task has.

One should never put all their money in any kind of investment. Best is to have at least 50% of your money in your savings account, and the rest you can use to invest in something. That allows you to earn a certain amount of profit throughout the year. You just have to make sure that your money is growing.
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March 28, 2016, 08:36:07 PM
 #1292

Without hesitation I would pick bitcoin for one simple reason. Banks can freeze my account and money, but with bitcoin no one can freeze your coins.
I do not think that it is good you put all your money into bitcoin because of possible risks that this task has.
there are a lot of risks involved though if you will not risk big you will not earn big, so thats a good idea to invest i guess

besides that in my opinion bitcoin wallet is a way better thing that banks because it allows you to be a bank yourself
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March 29, 2016, 02:03:56 AM
 #1293

Without hesitation I would pick bitcoin for one simple reason. Banks can freeze my account and money, but with bitcoin no one can freeze your coins.
I do not think that it is good you put all your money into bitcoin because of possible risks that this task has.
there are a lot of risks involved though if you will not risk big you will not earn big, so thats a good idea to invest i guess

besides that in my opinion bitcoin wallet is a way better thing that banks because it allows you to be a bank yourself


Being a bank by yourself means they cant control you money and that is the thing in bitcoin because banks used our money in investment and they get bankrupt our money is gone.
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March 29, 2016, 02:35:40 AM
 #1294

here are a lot of risks involved though if you will not risk big you will not earn big, so thats a good idea to invest i guess

besides that in my opinion bitcoin wallet is a way better thing that banks because it allows you to be a bank yourself

my opinion bitcoin wallet is not best option for long time, the price of bitcoin sometimes, for me i will choose bank for long term wallet for safe my money. but for small processor or daily usage i will choose bitcoin if my relation accept it.
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March 29, 2016, 02:43:03 AM
 #1295

here are a lot of risks involved though if you will not risk big you will not earn big, so thats a good idea to invest i guess

besides that in my opinion bitcoin wallet is a way better thing that banks because it allows you to be a bank yourself

my opinion bitcoin wallet is not best option for long time, the price of bitcoin sometimes, for me i will choose bank for long term wallet for safe my money. but for small processor or daily usage i will choose bitcoin if my relation accept it.
My opinion is bitcoin can make a huge profit in the future or this year. Do u think bank are also safe ? No one knows bank can be bankrupt. Where is ur money if bank was bakcrupt your money loss. Thats my opinion . I respect ur opinion also. Thanks and godbless us. Make profit in the future Wink

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March 29, 2016, 02:46:28 AM
 #1296

For me i choose bitcoin. because using bitcoin you can transact faster, much easier and with a low transaction fee. It is also easy very easy to make a wallet and secure. Banks are not so bad, they are also secure but creating an account in the bank take too much time.
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March 29, 2016, 06:19:48 AM
 #1297

digital currencies are relatively new and untested medium of exchange and anonymous.. in bitcoin sales taxes are not added onto any purchases.. since bitcoin transactions have no government involvement, the cost of transacting are very low.. because of all these bitcoin wallet is the best..
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March 29, 2016, 07:06:50 AM
 #1298

digital currencies are relatively new and untested medium of exchange and anonymous.. in bitcoin sales taxes are not added onto any purchases.. since bitcoin transactions have no government involvement, the cost of transacting are very low.. because of all these bitcoin wallet is the best..

I prefer to have both. bitcoin price is currently going up and bank accounts for my everyday normal needs.
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March 29, 2016, 07:17:49 AM
 #1299

digital currencies are relatively new and untested medium of exchange and anonymous.. in bitcoin sales taxes are not added onto any purchases.. since bitcoin transactions have no government involvement, the cost of transacting are very low.. because of all these bitcoin wallet is the best..

I prefer to have both. bitcoin price is currently going up and bank accounts for my everyday normal needs.

of course both of them is good option, we can use bitcoin everywhere because the merchand is limited, so we need local currency as daily payment, so we need bank for save our money Wink
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March 29, 2016, 08:11:12 AM
 #1300

For me i choose bitcoin. because using bitcoin you can transact faster, much easier and with a low transaction fee. It is also easy very easy to make a wallet and secure. Banks are not so bad, they are also secure but creating an account in the bank take too much time.
good reason to pick bitcoin wallet than bank. but i just wondering how if bank also have better service like bitcoin,i mean how if bank also serve creating account like bitcoin wallet,would you interest?
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