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Bitcoinsummoner
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October 02, 2016, 11:37:28 AM |
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iam choose bank to saving my money
Yeah there is a lot of people are choosing bank because bank is available in everywhere in the world and we can store our money easily in bank in any place but i hope that bitcoin will be also more going to advance like a bank account and it will be acceptable in everywhere . It will surely happen some day in future but it will take long time as bitcoin is not too popular everywhere and the fact is people have more faith in banks as they are using it since long time. i guess bitcoin wallet are pretty much better than banks banks regulated by government and bitcoin wallet standalone decentralized banks have a very slow service and bitcoin have a very fast service so why you still want banks when you can rule your own bank with bitcoin wallet? Well, we have our own choice, if we can use both why not use it. They have their own benefits from its clients and bitcoin for me is more on investment rather than a storage of my money, if I intend to save I would certainly choose bank. if you talking about storing the whole of your money of course you can not choose bitcoin wallet as bitcoin mostly considered as investment and thing to trade but if you talking about how to store your money to make it productive and bitcoin wallet is your choice , you may can see 1 bitcoin turn to 100 bitcoin That is not possible to turn 1 BTC into 100 BTC by just storing your money because we we store it will not grow. But I get it, maybe you mean the value of our bitcoins will grow but not the volume. I agree that the price of bitcoins will rise, but not the volume. You can not change the volume the price is always depends in demand and supply not in volume.. For now we are expecting more investors will come in bitcoin so that the price will be more valuable.. |
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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goldcoinminer
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October 02, 2016, 11:48:09 AM |
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iam choose bank to saving my money
Yeah there is a lot of people are choosing bank because bank is available in everywhere in the world and we can store our money easily in bank in any place but i hope that bitcoin will be also more going to advance like a bank account and it will be acceptable in everywhere . It will surely happen some day in future but it will take long time as bitcoin is not too popular everywhere and the fact is people have more faith in banks as they are using it since long time. i guess bitcoin wallet are pretty much better than banks banks regulated by government and bitcoin wallet standalone decentralized banks have a very slow service and bitcoin have a very fast service so why you still want banks when you can rule your own bank with bitcoin wallet? Well, we have our own choice, if we can use both why not use it. They have their own benefits from its clients and bitcoin for me is more on investment rather than a storage of my money, if I intend to save I would certainly choose bank. if you talking about storing the whole of your money of course you can not choose bitcoin wallet as bitcoin mostly considered as investment and thing to trade but if you talking about how to store your money to make it productive and bitcoin wallet is your choice , you may can see 1 bitcoin turn to 100 bitcoin That is not possible to turn 1 BTC into 100 BTC by just storing your money because we we store it will not grow. But I get it, maybe you mean the value of our bitcoins will grow but not the volume. I agree that the price of bitcoins will rise, but not the volume. You can not change the volume the price is always depends in demand and supply not in volume.. For now we are expecting more investors will come in bitcoin so that the price will be more valuable.. That's why bitcoin is a better investment because there is no inflation as the if the demand will increase the price will also increase, with that fact, we should consider investing for the future because bitcoin is getting more popular now. |
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dhimasnk
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October 02, 2016, 12:39:07 PM |
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bank or bitcoin wallet? I think both have their own advantages and disadvantages. for security I prefer to the bank because it is proven safe. but to be able to get more profits, bitcoin wallet is very easy for it
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peta4e
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October 02, 2016, 03:26:11 PM |
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bank or bitcoin wallet? I think both have their own advantages and disadvantages. for security I prefer to the bank because it is proven safe. but to be able to get more profits, bitcoin wallet is very easy for it
Yes to save money we need banks and to save bitcoins we need bitcoin wallet, both are important and have their unique features so its smart to choose both of them instead of going with single one. |
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Aamir1
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October 02, 2016, 03:30:43 PM |
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I trust Bitcoin as the currency of the future and it is growing in value. So I choose BTC, but for a while I'm using bank services. I get my income in another currency and I cannot pay for all using BTC. For me bitcoin is more as an investment.
Right now bitcoin is considered more as an investment than a currency because we don't keep all our money in bitcoin right now because it is not yet reached the place where banks are because banks are more trusted in our society than bitcoin until now. |
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PizzaBTC
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October 02, 2016, 03:37:04 PM |
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I trust Bitcoin as the currency of the future and it is growing in value. So I choose BTC, but for a while I'm using bank services. I get my income in another currency and I cannot pay for all using BTC. For me bitcoin is more as an investment.
You cannot claim that you can cannot pay bills with bitcoin as many people are able to do that. Using bitcoin as currency is highly dependent on your country. But, if you believe into bitcoin you can go with bitcoin as in future everything will be available for bitcoin payments. |
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boyptc
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October 02, 2016, 03:47:26 PM |
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I trust Bitcoin as the currency of the future and it is growing in value. So I choose BTC, but for a while I'm using bank services. I get my income in another currency and I cannot pay for all using BTC. For me bitcoin is more as an investment.
You cannot claim that you can cannot pay bills with bitcoin as many people are able to do that. Using bitcoin as currency is highly dependent on your country. But, if you believe into bitcoin you can go with bitcoin as in future everything will be available for bitcoin payments. Maybe there is no local bitcoin exchange website to his country that is able to help him for paying for bills or any other services. And still even you don't have bank account, you can just enjoy bitcoins by just converting it to fiat with the use of banks and I guess this is applicable to your country for many are doing this also. |
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BitSquare
Newbie
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Activity: 28
Merit: 0
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October 02, 2016, 05:32:03 PM |
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bank or bitcoin wallet? I think both have their own advantages and disadvantages. for security I prefer to the bank because it is proven safe. but to be able to get more profits, bitcoin wallet is very easy for it
That is my choice too I will not just going to choose only one but rather what I am going to do is use them both with their advantages. I like the services of banks for they are proven for a long time depending on the local bank that you are going to use and if something happened to your money you have assurance that they are eligible for it. But with bitcoin, when something happened to your bitcoin, the bitcoin wallet providers are not eligible for it. If the banks accept the bitcoin and give you interest in saving with them, it is better to save the bitcoin in the banks. |
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universe_
Sr. Member
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Activity: 448
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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October 02, 2016, 11:42:31 PM |
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Bank took high fees on transaction,not anonymous,unsecure. I suggest BTC but all people should have Bank too.
There is no need to choose one when you can use both. But just out of interest, what high fees on transactions are you talking about? I am sending out money from bank to bank quite frequently, and there are no high fees involved. And in most cases there are not even fees involved at all. Bank transfers doesn't involve any high fees and they have also improved the speed of transactions so I don't think that there is any issue in using bank services at a moment. it depends on how much money you want to send, the fees might be really huge if you actually send a lot |
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freedomgo
Legendary
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Activity: 3094
Merit: 1144
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October 03, 2016, 05:16:56 AM |
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bank or bitcoin wallet? I think both have their own advantages and disadvantages. for security I prefer to the bank because it is proven safe. but to be able to get more profits, bitcoin wallet is very easy for it
That is my choice too I will not just going to choose only one but rather what I am going to do is use them both with their advantages. I like the services of banks for they are proven for a long time depending on the local bank that you are going to use and if something happened to your money you have assurance that they are eligible for it. But with bitcoin, when something happened to your bitcoin, the bitcoin wallet providers are not eligible for it. If the banks accept the bitcoin and give you interest in saving with them, it is better to save the bitcoin in the banks. Well that is what I am going to do too if they are able to accept bitcoins and fiat at the same time. Then I am going to maximize the usage of their service and probably what I will do is that. And while saving my bitcoins to them and for sure that is going to give interest to my bitcoins and at the same time when the price increases I will going to get profit. I hope to see that in the future but seems like the probability of happening is so dim, banks will never accept bitcoin I guess because we need to comply with the KYC policy first and it will change the overall system of bitcoin, I think we are using bitcoin to protect our privacy. |
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Yanidas
Member
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Activity: 60
Merit: 10
The swarm is headed towards us.
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October 03, 2016, 06:32:05 PM |
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bank or bitcoin wallet? I think both have their own advantages and disadvantages. for security I prefer to the bank because it is proven safe. but to be able to get more profits, bitcoin wallet is very easy for it
That is my choice too I will not just going to choose only one but rather what I am going to do is use them both with their advantages. I like the services of banks for they are proven for a long time depending on the local bank that you are going to use and if something happened to your money you have assurance that they are eligible for it. But with bitcoin, when something happened to your bitcoin, the bitcoin wallet providers are not eligible for it. If the banks accept the bitcoin and give you interest in saving with them, it is better to save the bitcoin in the banks. Well that is what I am going to do too if they are able to accept bitcoins and fiat at the same time. Then I am going to maximize the usage of their service and probably what I will do is that. And while saving my bitcoins to them and for sure that is going to give interest to my bitcoins and at the same time when the price increases I will going to get profit. I hope to see that in the future but seems like the probability of happening is so dim, banks will never accept bitcoin I guess because we need to comply with the KYC policy first and it will change the overall system of bitcoin, I think we are using bitcoin to protect our privacy. The banks will accept the bitcoin if they can make good profit by using the bitcoin as it will cut its cost. |
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Tanic
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October 03, 2016, 06:41:19 PM |
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Hard decision bank or bitcoin wallet, I am not sure in both and do not trust. Both have it's pluses and minuses. I prefer to hold a cash at my home. But again in this case there is a risk that someone steal it, but for now everything is ok, so I keep going that way.
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Monnt
Legendary
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Activity: 938
Merit: 1002
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October 03, 2016, 07:19:23 PM |
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Hard decision bank or bitcoin wallet, I am not sure in both and do not trust. Both have it's pluses and minuses. I prefer to hold a cash at my home. But again in this case there is a risk that someone steal it, but for now everything is ok, so I keep going that way.
Not believing into either one of bitcoin or bank account is more dangerous than having at least any one of them. Choosing one among these two is highly dependent on your geographic location. But regardless of adoption rate in your country, you can simply choose bitcoin for your better and secured future compared to bank system. You may not ready to accept my words but in time you will come to know about the advantages of bitcoins so that you will adopt bitcoin very soon. |
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jossiel
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October 04, 2016, 04:21:20 AM |
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bank or bitcoin wallet? I think both have their own advantages and disadvantages. for security I prefer to the bank because it is proven safe. but to be able to get more profits, bitcoin wallet is very easy for it
That is my choice too I will not just going to choose only one but rather what I am going to do is use them both with their advantages. I like the services of banks for they are proven for a long time depending on the local bank that you are going to use and if something happened to your money you have assurance that they are eligible for it. But with bitcoin, when something happened to your bitcoin, the bitcoin wallet providers are not eligible for it. If the banks accept the bitcoin and give you interest in saving with them, it is better to save the bitcoin in the banks. Well that is what I am going to do too if they are able to accept bitcoins and fiat at the same time. Then I am going to maximize the usage of their service and probably what I will do is that. And while saving my bitcoins to them and for sure that is going to give interest to my bitcoins and at the same time when the price increases I will going to get profit. I hope to see that in the future but seems like the probability of happening is so dim, banks will never accept bitcoin I guess because we need to comply with the KYC policy first and it will change the overall system of bitcoin, I think we are using bitcoin to protect our privacy. The banks will accept the bitcoin if they can make good profit by using the bitcoin as it will cut its cost. I don't think that banks are going to accept bitcoins in the future because they can't even regulate the price of bitcoin and why they are going to accept it. But for me, they are going to be a good way to store all of your financial assets, fiat money for banks and your bitcoins for your bitcoin wallet. |
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anaderwan
Newbie
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Activity: 43
Merit: 0
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October 04, 2016, 03:54:20 PM |
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I would say a wallet, bitcoin is about the presence of no absolute central authority and a bank would pretty much be that IMO, the idea of getting stable interest on invested BTC is tempting but a bank might just ruin what BTC is about anyway.
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Aamir1
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October 04, 2016, 04:00:35 PM |
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I would say a wallet, bitcoin is about the presence of no absolute central authority and a bank would pretty much be that IMO, the idea of getting stable interest on invested BTC is tempting but a bank might just ruin what BTC is about anyway.
Exactly,,, bitcoin is all about anonymity. If you have money saved in bitcoins no one can know if you have anything or any amount of money like that, but if the same amount is saved in a bank it is known by a lot of people that you got that much money which can sometimes be a thread for you. So choosing a bitcoin wallet for that purpose can also be good. |
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requester
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October 04, 2016, 04:00:51 PM |
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Bank and bitcoin wallet both have their own advantage in their respective fields. Those sites that accept bitcoin will need a bitcoin wallet on the other hand for doing normal transaction we will need bank account. But it would be a revolutionary change if bank system adopt bitcoin system automated network then we will have no issue if black money and other issues. It would also great for us as the transaction would be much faster then traditional bank system and bank account can get hacked but not bitcoin system. So let's welcome bitcoin technology to our back system.
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moonya
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October 04, 2016, 04:12:00 PM |
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It would be wrong to say that one of the best options for storing money. Banks can not replace bitcoin wallets, equivalent to a bitcoin wallets will not be able to perform the functions of banks. It functions because the banks is not only safe but also other operations.
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moonya
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October 04, 2016, 04:12:12 PM |
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It would be wrong to say that one of the best options for storing money. Banks can not replace bitcoin wallets, equivalent to a bitcoin wallets will not be able to perform the functions of banks. It functions because the banks is not only safe but also other operations.
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crairezx20
Legendary
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Activity: 1638
Merit: 1046
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October 04, 2016, 04:27:51 PM |
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It would be wrong to say that one of the best options for storing money. Banks can not replace bitcoin wallets, equivalent to a bitcoin wallets will not be able to perform the functions of banks. It functions because the banks is not only safe but also other operations.
What do you mean banks are not safe here in my country the most secured to restore our money is banks and if they are bankrupt they should still repay for those who has savings account.. And we need them we can not exchange our bitcoin if there is no banks because here in my country we can withdraw bitcoin instantly via banks. |
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