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ricardobs
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April 16, 2016, 04:17:42 PM |
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-snip-
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.
Yes, bank pays very low interest while in bitcoins you can get a lot of profit due to its price rapidly increase. Also Bitcoins wallet dont charge you any fees for setup etc. |
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Jasad
Legendary
 Offline
Activity: 1414
Merit: 1001
= jasad =
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April 16, 2016, 05:47:14 PM |
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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.
i will prefer to choose bank account for now,realistic is the best way to easy make transaction in real life,because not all people in my life use and know bitcoin,but i hope someday they will follow my way to use bitcoin. |
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JessicaSe
Legendary
Offline
Activity: 840
Merit: 1000
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April 16, 2016, 06:16:59 PM |
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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.
i will prefer to choose bank account for now,realistic is the best way to easy make transaction in real life,because not all people in my life use and know bitcoin,but i hope someday they will follow my way to use bitcoin. Yes banks are most trusted at a moment and I don't think that there is anything safe then that and I would surely prefer to use both of them at a moment. |
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jethrorn99
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April 16, 2016, 06:17:12 PM |
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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.
i will prefer to choose bank account for now,realistic is the best way to easy make transaction in real life,because not all people in my life use and know bitcoin,but i hope someday they will follow my way to use bitcoin. I agree. Bitcoin isn't accepted as easily as fiat. I'm still using banks for buying things in the minimarket , shops, etc. If bitcoin got accepted everywhere, maybe i'll move all of my money to bitcoin. |
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voztata
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April 17, 2016, 07:34:11 PM |
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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 it is a best source of sending and receiving money to anyone and everywhere in the world without any limit and with lowest fees and taxes, but the problem is that very less people know it, we have to work to aware everyone about that money so that we can send it to anyone we want to send. |
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JeanMcCoy
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April 17, 2016, 11:00:26 PM |
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These days banking fees seems to climb higher and higher. I therefore would go for a bitcoin wallet.
Paying overprices fees is not my cup of tea.
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jamesl22
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April 17, 2016, 11:05:15 PM |
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These days banking fees seems to climb higher and higher. I therefore would go for a bitcoin wallet.
Paying overprices fees is not my cup of tea.
yeah and if you want send money across the globe then I think bitcoin transactions are the best at it involves least fees and you can send maximum amount without any limits. |
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Yakamoto
Legendary
Offline
Activity: 1218
Merit: 1007
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April 17, 2016, 11:10:42 PM |
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These days banking fees seems to climb higher and higher. I therefore would go for a bitcoin wallet.
Paying overprices fees is not my cup of tea.
We're lucky right now to not have to pay an massive fees, but in the future we might very well have to pay large fees to cover the lack of block rewards. We aren't at that point yet, but it will eventually reach that point and it might be more favorable to just go through fiat systems. |
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Cyaren
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April 17, 2016, 11:13:14 PM |
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Bitcoin wallet, because you're being your own bank. No need for a centralized establishment. No more fractional reserve scams. You can't create more bitcoins out of thin air just by depositing it into the bank, and there is way less inflation.
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terman45x
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April 17, 2016, 11:23:50 PM |
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Bitcoin wallet, because you're being your own bank. No need for a centralized establishment. No more fractional reserve scams. You can't create more bitcoins out of thin air just by depositing it into the bank, and there is way less inflation.
That's true but what if you get scammed? Anything is possible in digital world and now please don't say me that it is not possible, hackers are more smarter then us, but if your bank account gets hacked then bank will help you in recovering your money. |
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draceus
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April 17, 2016, 11:25:16 PM |
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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.. Actually The main reason to pick bitcoin wallet, there are nothing asking for transaction by bitcoin and we can transaction anywhere and fees is very chief but in the bank If we are going to transfer money they will ask lot of proof and where are you sending who is you they are making hopeless. |
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secone
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April 18, 2016, 02:58:18 AM |
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Bitcoin wallet, because you're being your own bank. No need for a centralized establishment. No more fractional reserve scams. You can't create more bitcoins out of thin air just by depositing it into the bank, and there is way less inflation.
That's true but what if you get scammed? Anything is possible in digital world and now please don't say me that it is not possible, hackers are more smarter then us, but if your bank account gets hacked then bank will help you in recovering your money. if you save your bitcoin at safety place like bitcoin core wallet, electrum wallet, mycellium etc. not 3rd wallet im sure you can't get scammed. but in fact we need bank for daily usage, so both of them is best choice |
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Farma
Legendary
Offline
Activity: 2534
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
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April 18, 2016, 03:15:19 AM |
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Bitcoin wallet, because you're being your own bank. No need for a centralized establishment. No more fractional reserve scams. You can't create more bitcoins out of thin air just by depositing it into the bank, and there is way less inflation.
That's true but what if you get scammed? Anything is possible in digital world and now please don't say me that it is not possible, hackers are more smarter then us, but if your bank account gets hacked then bank will help you in recovering your money. if you save your bitcoin at safety place like bitcoin core wallet, electrum wallet, mycellium etc. not 3rd wallet im sure you can't get scammed. but in fact we need bank for daily usage, so both of them is best choice you're right, we all need both. maybe wallet and bank somewhat different but we really need both, so that all the things we were looking for was not in vain. you can store in the bitcoin wallet you have and if you're afraid of losing it you just need to sell it and keep your money in the bank. I guess it is quite simple |
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DeDordtenaar
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April 18, 2016, 04:18:50 AM |
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Bitcoin wallet, because you're being your own bank. No need for a centralized establishment. No more fractional reserve scams. You can't create more bitcoins out of thin air just by depositing it into the bank, and there is way less inflation.
That's true but what if you get scammed? Anything is possible in digital world and now please don't say me that it is not possible, hackers are more smarter then us, but if your bank account gets hacked then bank will help you in recovering your money. if you save your bitcoin at safety place like bitcoin core wallet, electrum wallet, mycellium etc. not 3rd wallet im sure you can't get scammed. but in fact we need bank for daily usage, so both of them is best choice but even though banks are third parties that they have control over your money but they will not commit fraud you. with note by using bank of government. it will be very safe  |
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| CloakCoin | Private, Secure & Untraceable Cryptocurrency | Enigma
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DimensionZ
Sr. Member
Offline
Activity: 350
Merit: 250
Shit, did I leave the stove on?
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April 18, 2016, 05:16:46 AM |
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I need to have both a bank account and a Bitcoin wallet since every time I would need cash I would still need a bank account to withdraw funds to from Bitcoin exchanges. It is not convenient to have a Bitcoin debit card because the fees are really high compared to a normal debit card issued by a bank. I don't know how you guys convert digital money into physical money but having a bank account is a must for me.
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lister storm
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April 18, 2016, 05:21:31 AM |
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for me the bitcoin wallet is definitely a far better choice than just an ordinary bank account because of a wide variety of reasons, first of all it is really fast and i can send money whenever i want
also i can make a lot of money if i hold my bitcoins in my wallet and the price of bitcoin starts going up really fast,i think that it is a really great investment for everyone
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n0ne
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April 18, 2016, 07:53:14 AM |
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Bitcoin wallet, because you're being your own bank. No need for a centralized establishment. No more fractional reserve scams. You can't create more bitcoins out of thin air just by depositing it into the bank, and there is way less inflation.
That's true but what if you get scammed? Anything is possible in digital world and now please don't say me that it is not possible, hackers are more smarter then us, but if your bank account gets hacked then bank will help you in recovering your money. if you save your bitcoin at safety place like bitcoin core wallet, electrum wallet, mycellium etc. not 3rd wallet im sure you can't get scammed. but in fact we need bank for daily usage, so both of them is best choice but even though banks are third parties that they have control over your money but they will not commit fraud you. with note by using bank of government. it will be very safe When we consider about banking, there is no need to think about third party issues, because as banking is completely centralized we have the assurance of the money invested or saved, such a assurance is not found in bitcoin right now. In future, though bitcoin is decentralized we will get assurance for our investments. |
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BitHodler
Legendary
Offline
Activity: 1526
Merit: 1179
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April 18, 2016, 08:41:26 AM |
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for me the bitcoin wallet is definitely a far better choice than just an ordinary bank account because of a wide variety of reasons, first of all it is really fast and i can send money whenever i want
also i can make a lot of money if i hold my bitcoins in my wallet and the price of bitcoin starts going up really fast,i think that it is a really great investment for everyone
Bitcoin has a lot advantages compared to banks, but the reality shows that the average joe still prefer banks as they don't see anything in Bitcoin due to the negativity spreaded by the media. They will choose for banks at any time. It's difficult to make them think different about Bitcoin. They see it as the currency of the deep web that is only being used to do illegal things. |
BSV is not the real Bcash. Bcash is the real Bcash.
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arwin100
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April 18, 2016, 09:05:50 AM |
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for me the bitcoin wallet is definitely a far better choice than just an ordinary bank account because of a wide variety of reasons, first of all it is really fast and i can send money whenever i want
also i can make a lot of money if i hold my bitcoins in my wallet and the price of bitcoin starts going up really fast,i think that it is a really great investment for everyone
Bitcoin has a lot advantages compared to banks, but the reality shows that the average joe still prefer banks as they don't see anything in Bitcoin due to the negativity spreaded by the media. They will choose for banks at any time. It's difficult to make them think different about Bitcoin. They see it as the currency of the deep web that is only being used to do illegal things. Yes bitcoin has more potentian in ways to earn than bank. Because if you invest in bitcoin you can earn easily and can multiply your money in short period in time even saving it to your wallet is good idea because the price is movy and you can get profit with it. But banks yeah you can earn but very little annually but you can sleep at night very nicely because you know your money is very safe. |
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naidray
Legendary
Offline
Activity: 1232
Merit: 1029
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April 18, 2016, 09:19:11 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. Yes, with the problem of proof, limits and high fees there is another problem which the the long time of transaction, for the banks we have to wait for many days to receive money once it is issued from the sender. |
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