Bitcoin Forum
May 04, 2024, 06:32:27 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 [87] 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 ... 189 »
  Print  
Author Topic: Bank or Bitcoin Wallet?  (Read 230401 times)
Imoote
Sr. Member
****
Offline Offline

Activity: 714
Merit: 250



View Profile
June 14, 2016, 03:55:49 AM
 #1721

Bitcoin wallet because of the fast transaction unlike banks that when you send some cheque they will hold for several days but in bitcoin when you send some bitcoin it will take up to 2 hrs to finished the confirmation.
Actually old faster shipping banks. Banks can transfer money between accounts could be in a matter of seconds. But bitcoin wallet superior in giving freedom to store bitcoin we got.
1714847547
Hero Member
*
Offline Offline

Posts: 1714847547

View Profile Personal Message (Offline)

Ignore
1714847547
Reply with quote  #2

1714847547
Report to moderator
Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714847547
Hero Member
*
Offline Offline

Posts: 1714847547

View Profile Personal Message (Offline)

Ignore
1714847547
Reply with quote  #2

1714847547
Report to moderator
1714847547
Hero Member
*
Offline Offline

Posts: 1714847547

View Profile Personal Message (Offline)

Ignore
1714847547
Reply with quote  #2

1714847547
Report to moderator
StoreBit
Full Member
***
Offline Offline

Activity: 210
Merit: 100



View Profile
June 16, 2016, 12:58:46 PM
 #1722

in present time band i think in future it will be bitcoin wallet. because bitcoin is now changing the situation.
stromma44
Hero Member
*****
Offline Offline

Activity: 952
Merit: 1000


View Profile
June 16, 2016, 01:13:03 PM
 #1723

Bitcoin wallet because of the fast transaction unlike banks that when you send some cheque they will hold for several days but in bitcoin when you send some bitcoin it will take up to 2 hrs to finished the confirmation.
Actually old faster shipping banks. Banks can transfer money between accounts could be in a matter of seconds. But bitcoin wallet superior in giving freedom to store bitcoin we got.

Bitcoin wallet allows us to control our own money and we can access it whenever  we want and there is no rules and regulations involved in using bitcoin.
ultimatesky
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500

SkyFall


View Profile
June 16, 2016, 01:34:27 PM
 #1724

in present time band i think in future it will be bitcoin wallet. because bitcoin is now changing the situation.

When it comes to security i feel more confident with my bank account, which is naive since the protection is done by myself, but still it worries me.
Same for usage. Bank account allows me to pay rent, bitcoin not (yet)
coinzat
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


Young but I'm not that bold


View Profile
June 16, 2016, 01:42:43 PM
 #1725

I think money in the bank will be the choice for most people because it is less risky than bitcoin . while bitcoin price is not stable , one may make profit or loss in few hours which is not good for saving
Daimaru
Newbie
*
Offline Offline

Activity: 58
Merit: 0


View Profile
June 18, 2016, 01:39:00 AM
 #1726

bitcoin is better "investment", safe, biggest interest rate if the price rising, but if you buy at wrong rate you will be lost in "value" of your bitcoin.
Nevis
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500



View Profile
June 18, 2016, 01:52:16 AM
 #1727

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.
Bitcoin wallet. Is much better for. Cause You can ask to convert any currency..
shinratensei_
Legendary
*
Offline Offline

Activity: 3094
Merit: 1024


Leading Crypto Sports Betting & Casino Platform


View Profile
June 18, 2016, 02:00:32 AM
 #1728

i would say btc wallet since btc value is more inline with my believe and am some how in control Smiley

Yeah, with bitcoin there is a chance of making an unexpected profit while it's sort of boring have a bank account with money in it since you know how much you'll get every year, which is very little.

With a bitcoin wallet, you're being your own bank.

Bank is financial institution.

Bitcoin is currency.

What is the sense of comparing price fluctuations in bitcoin to the price fluctuations in fiat?

Fiat is more used as a currency. Bitcoin is for investment. So it's obvious that bitcoin has an active fluctuation but for the usage it's lacking.

See the difference? Next time compare bank to bitcoin or bitcoin to bank when you have a strong point of comparison.
I think I agree with your opinions because bank and bitcoin have a different road. price fluctuation it's not stronger to be a strong point of comparison bitcoin and bank.
 

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Schuyler
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
June 18, 2016, 02:13:43 AM
 #1729

Both are ok for me as they serve different purposes and cater to my needs. I need banks because of my payroll account and paying other stuff that bitcoin can't. Bitcoin has still a long way to go towards being generally accepted but is a nice investment option for those looking for alternatives to stocks and mutual funds.
BlueStackz
Legendary
*
Offline Offline

Activity: 1204
Merit: 1028



View Profile
June 19, 2016, 08:03:20 AM
 #1730

Both are ok for me as they serve different purposes and cater to my needs. I need banks because of my payroll account and paying other stuff that bitcoin can't. Bitcoin has still a long way to go towards being generally accepted but is a nice investment option for those looking for alternatives to stocks and mutual funds.
Yes, exactly both works fine in their own place as both are equally important also they are totally different.
Bitcoin is independent and cant to be controlled where as bank is highly controlled by government.
Bitcoin is very flexible for online payments no doubt but you can't buy some of the services where you can only buy with fiats so both have very big difference and significance Smiley
teilwalL05
Hero Member
*****
Offline Offline

Activity: 980
Merit: 500



View Profile
June 19, 2016, 05:30:28 PM
 #1731

Bank or bitcoin wallet? It is depend on you where you are most likely memorize how to use it both, but for me i think bitcoin wallet. I think this is much more convinient.  Grin
Cryptonitex
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
June 19, 2016, 05:37:19 PM
 #1732

Have both Smiley

I mainly use BitCoin. I get paid in BitCoin. I spend Bitcoin IRL.

BitCoin is my bank.
Ryananda
Sr. Member
****
Offline Offline

Activity: 812
Merit: 250



View Profile
June 22, 2016, 12:40:15 PM
 #1733

Bank or bitcoin wallet? It is depend on you where you are most likely memorize how to use it both, but for me i think bitcoin wallet. I think this is much more convinient.  Grin
If I think that bitcoin wallet bank and the same thing and I need both. I need to save bitcoin bitcoin I get and I need a bank to cash a bitcoin I collected earlier. I think both the same and have their respective positions and the advantages of each.
skyway1
Full Member
***
Offline Offline

Activity: 224
Merit: 100



View Profile
June 22, 2016, 12:51:58 PM
 #1734

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 would like both, and both are reliable for us we can cash our currency from bank easily ,and bitcoin wallet is investment for long term .
Ryananda
Sr. Member
****
Offline Offline

Activity: 812
Merit: 250



View Profile
June 24, 2016, 12:05:44 PM
 #1735

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 would like both, and both are reliable for us we can cash our currency from bank easily ,and bitcoin wallet is investment for long term .
Yes absolutely right we will need both. We need to invest and save bitcoin BTC we collect, and we need the banks to save our money. So both are the same we need.
mishra1994u
Full Member
***
Offline Offline

Activity: 196
Merit: 100



View Profile
June 25, 2016, 05:38:37 PM
 #1736

Surely bank is the safest place for our money....we hear very often that bitcoin wallet being hacked and btc gone...then there is no way we can get our btc back...if some wallet scams then there is nothing we can do...
dragonusa9
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500


View Profile
June 29, 2016, 08:53:45 AM
 #1737

Surely bank is the safest place for our money....we hear very often that bitcoin wallet being hacked and btc gone...then there is no way we can get our btc back...if some wallet scams then there is nothing we can do...
surely that bitcoin wallet is hard to hack, they give us a lot of protection that we can choose among them. but that can be hacked too
for bank still vulnerable that can be robbed on real life right? so nothing perfect in this world, but you can choose and trust one from that
Doms
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500


View Profile
June 29, 2016, 09:04:57 AM
 #1738

Surely bank is the safest place for our money....we hear very often that bitcoin wallet being hacked and btc gone...then there is no way we can get our btc back...if some wallet scams then there is nothing we can do...
surely that bitcoin wallet is hard to hack, they give us a lot of protection that we can choose among them. but that can be hacked too
for bank still vulnerable that can be robbed on real life right? so nothing perfect in this world, but you can choose and trust one from that
Nothing is ever 100% secured. As long as there are those who attempt to take away what's not theirs rightfully, we are always at risk of losing something, either our money in the bank or bitcoin in our wallets. We just have to be vigilant and make necessary precautions to minimize these hack attempts.
1Referee
Legendary
*
Offline Offline

Activity: 2170
Merit: 1427


View Profile
June 29, 2016, 09:08:36 AM
 #1739

we hear very often that bitcoin wallet being hacked and btc gone...

If you take the right precautions, then your coins won't be stolen or hacked. It's very simple actually. 1- Don't store your coins in an online wallet service or exchanges, etc. 2- Secure your wallet files with a very strong passphrase. And on top of that you can also choose to encrypt the secured wallet file. If you do all this, then no one is able to get your coins.
Tanic
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250


View Profile
June 29, 2016, 09:14:47 AM
 #1740

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 would chose USB bitcoin wallet, yesterday I revive it by post. And it really makes me feel that my bitcoins will be saved.
Banks afraid of bitcoin cause it's course changing every day, I would even say it is jumping everyday, and banks need something more stabile to work with. Suck thing as bitcoin is too risky for banks' activity. And if banks start to accept bitcoins that's really gonna be revolution for us bitcoin users. And I think this future when banks will work with crypto currencies is close.
Pages: « 1 ... 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 [87] 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 ... 189 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!