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Author Topic: Bank or Bitcoin Wallet?  (Read 230401 times)
Antimon1
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August 11, 2016, 11:42:58 PM
 #2501

Bitcoin wallet is much safer and it doesn't cost any monthly fees unlike those banks with high unknown future risks.
thats true, i always use a bitcoin wallet because i dont want to be dependent on banks besides that i dont need to pay any fees for using bitcoins

But aren't you still dependent on banks?
I'm sure most people buy bitcoins on online exchanges per bank wire.
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marketgold
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August 12, 2016, 12:00:59 AM
 #2502

i would choose bitcoin, it's price increased masive in a few years , and lot of people is using it so it will grow in the future
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August 12, 2016, 12:06:10 AM
 #2503

i would choose bitcoin, it's price increased masive in a few years , and lot of people is using it so it will grow in the future
I agree with you . use bitcoin will be huge in the future. bitcoin now being developed to obtain higher prices. some speculators predict that bitcoin will be the main currency in the future.
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August 12, 2016, 02:07:26 AM
 #2504

i would choose bitcoin, it's price increased masive in a few years , and lot of people is using it so it will grow in the future
I agree with you . use bitcoin will be huge in the future. bitcoin now being developed to obtain higher prices. some speculators predict that bitcoin will be the main currency in the future.
The prediction would not happen because bitcoin will never overtake the fiat which the government urge us to use. Bitcoin has still need to prove in many years before it will level to fiat but would not surpass the importance of fiat.

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madwica
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August 12, 2016, 02:35:21 AM
 #2505

i would choose bitcoin, it's price increased masive in a few years , and lot of people is using it so it will grow in the future
I agree with you . use bitcoin will be huge in the future. bitcoin now being developed to obtain higher prices. some speculators predict that bitcoin will be the main currency in the future.
The prediction would not happen because bitcoin will never overtake the fiat which the government urge us to use. Bitcoin has still need to prove in many years before it will level to fiat but would not surpass the importance of fiat.
I agree with you but you also need to be positive because i know you you are using bitcoin that is why you are here you need to be positive what would be the outcome of bitcoin, fiat is much important than bitcoin because it is much usable for many people specially for those people who are not using technology.
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August 12, 2016, 05:29:06 AM
 #2506

i would choose bitcoin, it's price increased masive in a few years , and lot of people is using it so it will grow in the future
I agree with you . use bitcoin will be huge in the future. bitcoin now being developed to obtain higher prices. some speculators predict that bitcoin will be the main currency in the future.
The prediction would not happen because bitcoin will never overtake the fiat which the government urge us to use. Bitcoin has still need to prove in many years before it will level to fiat but would not surpass the importance of fiat.
I agree with you but you also need to be positive because i know you you are using bitcoin that is why you are here you need to be positive what would be the outcome of bitcoin, fiat is much important than bitcoin because it is much usable for many people specially for those people who are not using technology.
Fiat is a better way to use it in spending but bitcoin will give you a chance to invest and can earn big profits in the future. We need to value both as they are all important to us to go on with our daily lives.

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MingLee
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August 12, 2016, 05:40:27 AM
 #2507

i would choose bitcoin, it's price increased masive in a few years , and lot of people is using it so it will grow in the future
I agree with you . use bitcoin will be huge in the future. bitcoin now being developed to obtain higher prices. some speculators predict that bitcoin will be the main currency in the future.
The prediction would not happen because bitcoin will never overtake the fiat which the government urge us to use. Bitcoin has still need to prove in many years before it will level to fiat but would not surpass the importance of fiat.
I agree with you but you also need to be positive because i know you you are using bitcoin that is why you are here you need to be positive what would be the outcome of bitcoin, fiat is much important than bitcoin because it is much usable for many people specially for those people who are not using technology.
Fiat is a better way to use it in spending but bitcoin will give you a chance to invest and can earn big profits in the future. We need to value both as they are all important to us to go on with our daily lives.
Bitcoin seems like one of the best ways to move a lot of money, hold money (to an extent) as well as something to use as an investment tool, and I personally think that it has a huge potential to be an important aspect in the future of the world financial system. That is, of course, if it is allowed to get that big.
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August 12, 2016, 05:45:31 AM
 #2508

For storing your money?

Let's not fool ourselves. Banks are infinitely safer at this point in time. Sure, we can all spread FUD about how evil and insecure they are, but in a bank, our money is Federally ensured regardless of the circumstance.
Very good said. In bank you money are keeped secured and no one can steel it because they are protected very good.With Bitcoin it is more easier for a hacker to steal from you. There are some benefints in both bank and bitcoin. Evryone choose what he thinks its good for him
goinmerry
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August 12, 2016, 05:47:19 AM
 #2509

i would choose bitcoin, it's price increased masive in a few years , and lot of people is using it so it will grow in the future
I agree with you . use bitcoin will be huge in the future. bitcoin now being developed to obtain higher prices. some speculators predict that bitcoin will be the main currency in the future.
The prediction would not happen because bitcoin will never overtake the fiat which the government urge us to use. Bitcoin has still need to prove in many years before it will level to fiat but would not surpass the importance of fiat.
I agree with you but you also need to be positive because i know you you are using bitcoin that is why you are here you need to be positive what would be the outcome of bitcoin, fiat is much important than bitcoin because it is much usable for many people specially for those people who are not using technology.
Fiat is a better way to use it in spending but bitcoin will give you a chance to invest and can earn big profits in the future. We need to value both as they are all important to us to go on with our daily lives.
Bitcoin seems like one of the best ways to move a lot of money, hold money (to an extent) as well as something to use as an investment tool, and I personally think that it has a huge potential to be an important aspect in the future of the world financial system. That is, of course, if it is allowed to get that big.

Yes. Their convenience of transacting a lot of money is here. It is already allowed in some countries or they just let it be. But if you can see it is accepted by means of listing it in the line of commodity or currencies.
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August 12, 2016, 06:36:27 AM
 #2510

Sir btc is very simple but bank rupees are very different because in future Rs pocket can be dangerous when not btc
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August 12, 2016, 07:01:43 AM
 #2511

i prefer to use bitcoin wallet cause its save and secure, while as for bank can liquidate and stop running then all money is lost...bank too aint smooth running...but bitcoin is smooth and convenient..
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August 12, 2016, 07:08:56 AM
 #2512

If you're keeping a huge amount of money then banks will be the best if its not then bitcoin wallet is good for you.  What I like about bitcoin is its anomity like you don't really have to put much personal details but in the end banks is more secured than bitcoins

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freedomgo
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August 12, 2016, 07:16:43 AM
 #2513

If you're keeping a huge amount of money then banks will be the best if its not then bitcoin wallet is good for you.  What I like about bitcoin is its anomity like you don't really have to put much personal details but in the end banks is more secured than bitcoins
In putting our money in bitcoin, it will give us the benefits to have our funds safe from the eyes of the government and we do not have to pay the big taxes because of our income. Even in working here and we earn bitcoins, that would already give us a good benefits to avoid taxes unlike in real life job.

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August 12, 2016, 07:19:54 AM
 #2514

i prefer to use bitcoin wallet cause its save and secure, while as for bank can liquidate and stop running then all money is lost...bank too aint smooth running...but bitcoin is smooth and convenient..
gonna be honest here,banks have an insurance which bitcoin didn't,and by your statement "bank can liquidate and stop running then all money is lost"
it's will only happen if you do something wrong or being a criminal,but still the benefits of using bitcoin is full control to your funds

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August 12, 2016, 08:37:15 AM
 #2515

For storing your money?

Let's not fool ourselves. Banks are infinitely safer at this point in time. Sure, we can all spread FUD about how evil and insecure they are, but in a bank, our money is Federally ensured regardless of the circumstance.
Very good said. In bank you money are keeped secured and no one can steel it because they are protected very good.With Bitcoin it is more easier for a hacker to steal from you. There are some benefints in both bank and bitcoin. Evryone choose what he thinks its good for him
Bank account to store your money or to secured it in robbery but bitcoin wallet is for investment and you want to earn some income for your money. And also bitcoin is only for a risk taker person.
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August 12, 2016, 08:54:46 AM
 #2516

I sure banks will start to accept bitcoin in next time (about 5 years again). From start there can be one bank maybe from USA, and then another and so on.  And bitcoin wallet will be in the bank through online web. once again just my oppinion
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August 12, 2016, 09:12:23 AM
 #2517

Bitcoin wallet is much safer and it doesn't cost any monthly fees unlike those banks with high unknown future risks.
I'm not familiar with banks that you pay for since all banks in our place actually gives you interest for using their banks and I've never had any problems with them, nor my family. For that reason, I'd still use banks over bitcoin wallets since the risk of losing value of bitcoin isn't something that you can just accept when you're holding huge amounts of bitcoins.

My bank also does not charge any monthly fees. It earns interest but very low percentage. Almost just over 1 percent per annum.  While bitcoin wallet does not earn any interest, bitcoin itself has a large chance of getting a very high price in the future. So if you put your money in wallet as bitcoin, it will grow as an investment.
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August 12, 2016, 11:37:48 AM
 #2518

Bitcoin wallet is much safer and it doesn't cost any monthly fees unlike those banks with high unknown future risks.
I'm not familiar with banks that you pay for since all banks in our place actually gives you interest for using their banks and I've never had any problems with them, nor my family. For that reason, I'd still use banks over bitcoin wallets since the risk of losing value of bitcoin isn't something that you can just accept when you're holding huge amounts of bitcoins.

My bank also does not charge any monthly fees. It earns interest but very low percentage. Almost just over 1 percent per annum.  While bitcoin wallet does not earn any interest, bitcoin itself has a large chance of getting a very high price in the future. So if you put your money in wallet as bitcoin, it will grow as an investment.

First of all, price fluctuations in fiat and bitcoin is different. Fiat are globally used so there are strong currencies. And because they have a stable price, lots of popular merchants accepted mostly fiat rather than bitcoin.

If you guys want only some profit that's why you have bitcoin, stop posting that you are hoping for merchants to accept bitcoin. It won't happen even for 100 years if the bitcoin price still on a large fluctuation.
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August 12, 2016, 12:11:23 PM
 #2519

I sure banks will start to accept bitcoin in next time (about 5 years again). From start there can be one bank maybe from USA, and then another and so on.  And bitcoin wallet will be in the bank through online web. once again just my oppinion

Fore sure banks have to accept Bitcoin, because in future lots of stores will accept Bitcoin
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August 12, 2016, 12:14:02 PM
 #2520

I sure banks will start to accept bitcoin in next time (about 5 years again). From start there can be one bank maybe from USA, and then another and so on.  And bitcoin wallet will be in the bank through online web. once again just my oppinion

Fore sure banks have to accept Bitcoin, because in future lots of stores will accept Bitcoin

banks will not accept something they have no control over. what's so hard about it to understand? banks and governments want to be the central point of everything. bitcoin doesn't give them that option. don't waste any time waiting for it, it will never happen.
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