richardsNY
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Activity: 1232
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April 14, 2016, 11:27:25 PM |
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for ease and speed I prefer bitcoin. but, for security I rely heavily on bank
Can you explain what makes you feel more secure when you are using a bank compared to Bitcoin? I really can't think of a reason of why the bank is more secure. With Bitcoin you are holding your own money, and you don't need to justify anything when you want to spend a very large amount. |
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DeDordtenaar
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April 14, 2016, 11:54:39 PM |
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for ease and speed I prefer bitcoin. but, for security I rely heavily on bank
I thought to speed the bank has the same thing when you send money from one bank to another. it will happen very same instant as bitcoin. for security I agree to a bank |
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rababo
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April 15, 2016, 02:36:45 AM |
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I prefer Bitcoin wallet, because I have control with my own money. And Bitcoin wallet has no administration fee like bank.
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delliaerd
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April 15, 2016, 02:44:01 AM |
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I prefer Bitcoin wallet, because I have control with my own money. And Bitcoin wallet has no administration fee like bank.
Bitcoin wallet don't diminish your balance every month that bank usually doing every month. Although the transaction of bitcoin still need to pay. But it is not much as bank fees. |
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agustina2
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Activity: 2436
Merit: 1008
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April 15, 2016, 04:40:51 PM |
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I prefer Bitcoin wallet, because I have control with my own money. And Bitcoin wallet has no administration fee like bank.
Administration in bank helps it's client in many ways. It's not a bullishit administration or group like you are stating. Also you don't control your coins if you don't hold your private keys. |
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chaosknight
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April 15, 2016, 09:06:57 PM |
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I prefer Bitcoin wallet, because I have control with my own money. And Bitcoin wallet has no administration fee like bank.
Administration in bank helps it's client in many ways. It's not a bullishit administration or group like you are stating. Also you don't control your coins if you don't hold your private keys. I will still prefer to go with bans as they are the most trusted organizations and if our bank account gets hacked then banks will help us in recovering our money which is not possible in bitcoin wallet. |
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pujumba
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Activity: 252
Merit: 100
Join The Blockchain Revolution In Logistics
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April 16, 2016, 12:30:26 AM
Last edit: April 16, 2016, 12:52:18 AM by pujumba |
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banks of course , banks are like vaults but honestly i will prefer put my money hiding underground where no one can find 1km underground in my secret vault , maybe even i cant find him after  |
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a7594li
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April 16, 2016, 12:40:15 AM |
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I like banks,Banks are trustworthy ，Bitcoin is equivalent to gold
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Scream
Sr. Member
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Activity: 476
Merit: 250
U will never know the true answer, before you try
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April 16, 2016, 01:43:36 AM |
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Bitcoin Wallet off course and Just say No to the banks who takes lots of setup fee, transaction fee and a lot of paper works. On the other bitcoin Wallets easy to setup, very low or minimal transaction fee and above all no complicated Paper work etc.
in fact we need bank every day, because bitcoin is not popular, we need local currency each day for paying daily cost. |
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angryrob
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April 16, 2016, 01:54:59 AM |
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We(digital currency users) have a bright future, but for now its impossible to use only bitcoins....unfortunately...
yeah its a pity, to be honest i often wonder what would life and all the society be without paper money and only with bitcoins that would be truly amazing as everyone would use their phones for payment i would definitely be for a bitcoin wallet because in my opinion its way more safe than a bank and with bitcoin wallet you can be a bank yourself so theres no need to have someone hold your money My option is sure for bitcoin as control of our money is with us. You can transfer money to anyone anywhere in the world, anonymous, but with banks it is not the case. yes Its only possible by bitcoin but from bank we can send money our country to another country but there are limit some country we cant send anywhere so who know about bitcoin at moment there are only using bitcoin and main thing its charge is also very chief. |
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Vaskiy
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Activity: 2618
Merit: 1105
Tontogether | Save Smart & Win Big
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April 16, 2016, 02:24:54 AM |
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We(digital currency users) have a bright future, but for now its impossible to use only bitcoins....unfortunately...
yeah its a pity, to be honest i often wonder what would life and all the society be without paper money and only with bitcoins that would be truly amazing as everyone would use their phones for payment i would definitely be for a bitcoin wallet because in my opinion its way more safe than a bank and with bitcoin wallet you can be a bank yourself so theres no need to have someone hold your money My option is sure for bitcoin as control of our money is with us. You can transfer money to anyone anywhere in the world, anonymous, but with banks it is not the case. yes Its only possible by bitcoin but from bank we can send money our country to another country but there are limit some country we cant send anywhere so who know about bitcoin at moment there are only using bitcoin and main thing its charge is also very chief. Yeah I will pick my decision as bitcoin wallet, the thing I hate most in banks is that the control won't be with me, but with bitcoin I can have the control with myself, same time it provides safety.. |
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nostal02
Member
Offline
Activity: 112
Merit: 10
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April 16, 2016, 02:27:53 AM |
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We(digital currency users) have a bright future, but for now its impossible to use only bitcoins....unfortunately...
yeah its a pity, to be honest i often wonder what would life and all the society be without paper money and only with bitcoins that would be truly amazing as everyone would use their phones for payment i would definitely be for a bitcoin wallet because in my opinion its way more safe than a bank and with bitcoin wallet you can be a bank yourself so theres no need to have someone hold your money My option is sure for bitcoin as control of our money is with us. You can transfer money to anyone anywhere in the world, anonymous, but with banks it is not the case. yes Its only possible by bitcoin but from bank we can send money our country to another country but there are limit some country we cant send anywhere so who know about bitcoin at moment there are only using bitcoin and main thing its charge is also very chief. Yeah I will pick my decision as bitcoin wallet, the thing I hate most in banks is that the control won't be with me, but with bitcoin I can have the control with myself, same time it provides safety.. A bitcoin wallet is a great decision because in bitcoin your money is increasing rapidly while in banks you only get 1% interest yearly and with the value of money that is getting low then bitcoin is really a right choice. |
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alisafidel58
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April 16, 2016, 03:44:41 AM |
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We(digital currency users) have a bright future, but for now its impossible to use only bitcoins....unfortunately...
yeah its a pity, to be honest i often wonder what would life and all the society be without paper money and only with bitcoins that would be truly amazing as everyone would use their phones for payment i would definitely be for a bitcoin wallet because in my opinion its way more safe than a bank and with bitcoin wallet you can be a bank yourself so theres no need to have someone hold your money My option is sure for bitcoin as control of our money is with us. You can transfer money to anyone anywhere in the world, anonymous, but with banks it is not the case. yes Its only possible by bitcoin but from bank we can send money our country to another country but there are limit some country we cant send anywhere so who know about bitcoin at moment there are only using bitcoin and main thing its charge is also very chief. Yes there are some limit that you can send money from bank to bank in other countries and you need to give proof if you are sending a huge amount of money because of money laundering and this is were bitcoin is good at. |
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CryingMidget
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April 16, 2016, 05:05:30 AM |
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We(digital currency users) have a bright future, but for now its impossible to use only bitcoins....unfortunately...
yeah its a pity, to be honest i often wonder what would life and all the society be without paper money and only with bitcoins that would be truly amazing as everyone would use their phones for payment i would definitely be for a bitcoin wallet because in my opinion its way more safe than a bank and with bitcoin wallet you can be a bank yourself so theres no need to have someone hold your money My option is sure for bitcoin as control of our money is with us. You can transfer money to anyone anywhere in the world, anonymous, but with banks it is not the case. yes Its only possible by bitcoin but from bank we can send money our country to another country but there are limit some country we cant send anywhere so who know about bitcoin at moment there are only using bitcoin and main thing its charge is also very chief. Every year they increase their bank fees and come up with new and stupid ways to get you to give them more of your money. They are clever but not geniuses. The informed clients of these banks will move their money to have it make more not less as the banks continue to gouge us all. |
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armansolis593
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April 16, 2016, 05:22:19 AM |
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We(digital currency users) have a bright future, but for now its impossible to use only bitcoins....unfortunately...
yeah its a pity, to be honest i often wonder what would life and all the society be without paper money and only with bitcoins that would be truly amazing as everyone would use their phones for payment i would definitely be for a bitcoin wallet because in my opinion its way more safe than a bank and with bitcoin wallet you can be a bank yourself so theres no need to have someone hold your money My option is sure for bitcoin as control of our money is with us. You can transfer money to anyone anywhere in the world, anonymous, but with banks it is not the case. yes Its only possible by bitcoin but from bank we can send money our country to another country but there are limit some country we cant send anywhere so who know about bitcoin at moment there are only using bitcoin and main thing its charge is also very chief. Every year they increase their bank fees and come up with new and stupid ways to get you to give them more of your money. They are clever but not geniuses. The informed clients of these banks will move their money to have it make more not less as the banks continue to gouge us all. Thats why is it better for us to use bitcoin than the conventional banks that gives as so much fees when we do a bank to bank transaction. |
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GregH37
Legendary
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Activity: 1302
Merit: 1037
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April 16, 2016, 05:33:18 AM |
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We(digital currency users) have a bright future, but for now its impossible to use only bitcoins....unfortunately...
yeah its a pity, to be honest i often wonder what would life and all the society be without paper money and only with bitcoins that would be truly amazing as everyone would use their phones for payment i would definitely be for a bitcoin wallet because in my opinion its way more safe than a bank and with bitcoin wallet you can be a bank yourself so theres no need to have someone hold your money My option is sure for bitcoin as control of our money is with us. You can transfer money to anyone anywhere in the world, anonymous, but with banks it is not the case. yes Its only possible by bitcoin but from bank we can send money our country to another country but there are limit some country we cant send anywhere so who know about bitcoin at moment there are only using bitcoin and main thing its charge is also very chief. Yeah I will pick my decision as bitcoin wallet, the thing I hate most in banks is that the control won't be with me, but with bitcoin I can have the control with myself, same time it provides safety.. A bitcoin wallet is a great decision because in bitcoin your money is increasing rapidly while in banks you only get 1% interest yearly and with the value of money that is getting low then bitcoin is really a right choice. Not Only they charge interest, the banks charge too much on each and every transcations and lots of paper work. Bitcoins is just too good |
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NeilLostBitCoin
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April 16, 2016, 05:43:32 AM |
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I am using bitcoin wallet, I withdraw all of my funds in my bitcoin wallet to my bank account. But there are no fees, so for me, both is good.
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arwin100
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April 16, 2016, 05:48:25 AM |
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I am using bitcoin wallet, I withdraw all of my funds in my bitcoin wallet to my bank account. But there are no fees, so for me, both is good.
Yeah. Both of them are good because bitcoin need banks to circulate and do cashout without bank bitcoin is nothing. But at the same point its better to store your bitcoin in wallet because the price is movy and you will get profit with it and bank also is good idea but profit takes to long but it isvthe safest way to store your money. |
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Saksham
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April 16, 2016, 01:40:02 PM |
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it seems for me that having my money in a bank is safer than having it all invested in bitcoins , even if the future of bitcoins looks brights they are still somewhat " younger " and they still need to be reglemented
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nielaminda
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Activity: 70
Merit: 10
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April 16, 2016, 02:22:41 PM |
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it seems for me that having my money in a bank is safer than having it all invested in bitcoins , even if the future of bitcoins looks brights they are still somewhat " younger " and they still need to be reglemented
Yeah bitcoin is young but you will lose money if you aint saving money with bitcoin you can save a few bitcoin and just let it grow its value yearly. |
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