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maydna
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May 04, 2016, 12:54:51 PM |
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i am prefer to choose bitcoin because i can manage by myself and i can spend it on everywhere (if the market of bitcoin is available) i want and its fast, secure, and cheap fee.
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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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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AsaroUk
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May 04, 2016, 01:35:45 PM |
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As you can see now you see that the Bitcoin wallet is getting more popular and that is because there are now more users that is going to use Bitcoin and that is nice.
But the most people are also going to use Bitcoin as their payment method and also more people that is going to use the wallets and that is perfect.
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JeanMcCoy
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May 04, 2016, 01:37:59 PM |
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I would prefer a bank account for just the normal gold. I can tel you why that's because bitcoins
are not save enough to pay with you don't have any warranty witch you have with gold. So use your normal bank account.
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dezoel
Legendary
 Offline
Activity: 2016
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
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May 04, 2016, 01:39:32 PM |
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As you can see now you see that the Bitcoin wallet is getting more popular and that is because there are now more users that is going to use Bitcoin and that is nice.
But the most people are also going to use Bitcoin as their payment method and also more people that is going to use the wallets and that is perfect.
The existing users of bitcoin will use bitcoin wallet for sure, but the people who are not aware about the bitcoin yet will continue their journey using banking system, as it is more convenient for them. |
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Digitalbitcoin
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May 04, 2016, 01:42:10 PM |
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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.
True I agree. But If consider for fiat currency it must need there for local trading in our local location. Bitcoin can also be used but need more awareness to user about accessibility. |
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chaser15
Legendary
Offline
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
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May 04, 2016, 01:51:26 PM |
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As you can see now you see that the Bitcoin wallet is getting more popular and that is because there are now more users that is going to use Bitcoin and that is nice.
But the most people are also going to use Bitcoin as their payment method and also more people that is going to use the wallets and that is perfect.
The existing users of bitcoin will use bitcoin wallet for sure, but the people who are not aware about the bitcoin yet will continue their journey using banking system, as it is more convenient for them. Exactly. Of course those bitcoin enthusiasts will choose bitcoin over banks. But for a wise and open minded person they will choose both. Others just choose bitcoin because they really don't know how banks works and all their claims about negative issues banks is completely rubbish like frozen account, not cheap etc. |
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chaser15
Legendary
Offline
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
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May 04, 2016, 03:16:12 PM |
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If you have millions of money better to save it in a reputable bank. Because it is secure and if ever someone hacks your money to their bank. It is the banks responsibility to secure your money. Unlike bitcoins wallet if hackers hacked your wallet, there is no guarantee that bitcoin wallet websites will return the money that was lost to you.
And banks with stable financial institution can get your lost money because that is Central's banks terms that applied to the whole banks of the world. And when choosing a bank of course go on to a strong one that already built reputes for all time. |
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zend7
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May 04, 2016, 03:28:20 PM |
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Use a bitcoin wallet it is not 100% secure but it more safer than keeping it in the bank. It is virtually there anyways just like bitcoin but at least you own a private key  |
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wikenpp
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May 04, 2016, 03:29:16 PM |
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I would go for the bitcoin wallet without any doubts because you can transfer money globally and I have family members in other continents so that makes it easy for me.
Plus the bitcoin is also self controllable and no bank is involved.
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socks435
Legendary
Offline
Activity: 2016
Merit: 1030
Privacy is always important
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May 04, 2016, 03:32:13 PM |
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For me for safety purposes its better to save my money into bank but is not so secured and there's a possibility that the wallet will be down like coinbase. but if you really want to make profit with your money try to invest your money to buy more bitcoin because block halving is on july 11 and its nearly to be done...
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Solving blocks can't be solved without my rigs.
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jammydee
Newbie
Offline
Activity: 6
Merit: 0
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May 04, 2016, 03:33:36 PM |
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I use a wallet, but i don't usally have much in it at once.
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Oralmat
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May 04, 2016, 03:42:06 PM |
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For me for safety purposes its better to save my money into bank but is not so secured and there's a possibility that the wallet will be down like coinbase. but if you really want to make profit with your money try to invest your money to buy more bitcoin because block halving is on july 11 and its nearly to be done...
Its good to use both of them. both are useful, do not be too small thoughts to use one, if both can be used simultaneously, why not? Right now both have value and using only one at this time will not be a good thing. |
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Scream
Sr. Member
Offline
Activity: 476
Merit: 250
U will never know the true answer, before you try
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May 04, 2016, 03:52:40 PM |
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For me for safety purposes its better to save my money into bank but is not so secured and there's a possibility that the wallet will be down like coinbase. but if you really want to make profit with your money try to invest your money to buy more bitcoin because block halving is on july 11 and its nearly to be done...
Its good to use both of them. both are useful, do not be too small thoughts to use one, if both can be used simultaneously, why not? Right now both have value and using only one at this time will not be a good thing. yes the fact that both are needed, I could not pick one. because bitcoin is currently only alternative currency, so it must be converted to fiat money. so banks and bitcoin wallet for me is very important. |
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gtglener
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May 04, 2016, 04:48:41 PM |
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For me for safety purposes its better to save my money into bank but is not so secured and there's a possibility that the wallet will be down like coinbase. but if you really want to make profit with your money try to invest your money to buy more bitcoin because block halving is on july 11 and its nearly to be done...
July 11 is a lucky number of a lucky month and in a lucky year, you will find a hot news in that day, and will see the price of bitcoin increasing like a rocket towards sky, I am also buying and earning bitcoins and holding them in my wallet and waiting for the halving. |
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JustDie
Full Member
Offline
Activity: 224
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
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May 04, 2016, 05:21:12 PM |
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probably better using bitcoin wallet .
why ? bitcoin is like investing if u saving your money 1k$ and u want take it some days maybe bitcoin price will be increased
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Leonius
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May 04, 2016, 05:22:39 PM |
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probably better using bitcoin wallet .
why ? bitcoin is like investing if u saving your money 1k$ and u want take it some days maybe bitcoin price will be increased
If you only have $1k dont put it all in bitcoin yet since you might need it to buy food and rent. Buy a little each week if you are investing  |
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JessicaSe
Legendary
Offline
Activity: 840
Merit: 1000
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May 04, 2016, 05:26:05 PM |
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For me for safety purposes its better to save my money into bank but is not so secured and there's a possibility that the wallet will be down like coinbase. but if you really want to make profit with your money try to invest your money to buy more bitcoin because block halving is on july 11 and its nearly to be done...
July 11 is a lucky number of a lucky month and in a lucky year, you will find a hot news in that day, and will see the price of bitcoin increasing like a rocket towards sky, I am also buying and earning bitcoins and holding them in my wallet and waiting for the halving. Everyone is waiting for halving but not a single person is sure that what will be the price of bitcoin at the time of halving, but lets hope that everything goes fine at that time. |
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tyoA7X
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May 04, 2016, 05:27:57 PM |
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Yeah i think bank not trust bitcoin not yet. But iam sure thst bank can accepted btc someday  |
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Dr.Osh
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Merit: 1004
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May 04, 2016, 05:32:22 PM |
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probably better using bitcoin wallet .
why ? bitcoin is like investing if u saving your money 1k$ and u want take it some days maybe bitcoin price will be increased
If you only have $1k dont put it all in bitcoin yet since you might need it to buy food and rent. Buy a little each week if you are investing bank's security system is still better than bitcoin, but for entrepreneurs, I think bitcoin wallet is the best, because it can make us a profit when the price of bitcoin rose abruptly |
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CoinSiteDesigner
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May 04, 2016, 05:37:18 PM |
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If it's about security, I'd go for bank.
If I'm after making profit by holding money, I'd go for bitcoin wallet and store the money in it.
If I'm lucky enough and the bitcoin rises, I'll be making some good profits. While the money stays the same in banks and pay only a little interest.
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