Ashtongue
Newbie
 Offline
Activity: 7
Merit: 0
|
 |
October 14, 2016, 04:34:15 PM |
|
Bank is way more safe than a bitcoin wallet but I like bitcoin wallets more because bitcoin wallets give more freedom.
So in the end I'd choose for bitcoin wallets cause I like my privacy and freedom more than the safety of a bank.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
danherbias07
Legendary
 Online
Activity: 3122
Merit: 1119
Leading Crypto Sports Betting & Casino Platform
|
|
October 14, 2016, 04:40:46 PM |
|
Bank is way more safe than a bitcoin wallet but I like bitcoin wallets more because bitcoin wallets give more freedom.
So in the end I'd choose for bitcoin wallets cause I like my privacy and freedom more than the safety of a bank.
If it is an offline bitcoin wallet then it will be okay. But if you will be stacking your coins in a bitcoin wallet exchange then you might get a lot of problems. Look at the news somewhere two months ago and you will see what happened. That incident is not the first. Better be careful. |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|
StarofBTC
|
|
October 14, 2016, 04:46:35 PM |
|
Bank is way more safe than a bitcoin wallet but I like bitcoin wallets more because bitcoin wallets give more freedom.
So in the end I'd choose for bitcoin wallets cause I like my privacy and freedom more than the safety of a bank.
If it is an offline bitcoin wallet then it will be okay. But if you will be stacking your coins in a bitcoin wallet exchange then you might get a lot of problems. Look at the news somewhere two months ago and you will see what happened. That incident is not the first. Better be careful. An exchange address never can be a bitcoin wallet, moreover it is not a personal wallet too. But, unfortunately many people are still considering using exchange addresses as their personal wallet, by ignoring the hard lessons they learnt in the past. Instead of believing in to a private exchange, you can believe into a government bank. |
|
|
|
|
|
InsideBjorn
|
|
October 14, 2016, 09:09:31 PM |
|
I would go for the bitcoin wallet because on that way I can simply manage my own money and no one can do something with it, you can use it globally too and its also more safe for myself.. harder to spent.
|
|
|
|
|
|
Galiatram
|
|
October 14, 2016, 09:12:48 PM |
|
if I have to choose I still choose for the bank because your money is insured if something happens and I also do not trust a unstable currency that can fall down on a day..
I think its too risky to do this!
|
|
|
|
|
|
Jonar21
|
|
October 15, 2016, 09:00:14 AM |
|
Recently, I was deceived in the bank. I took out a loan and paying monthly fees, but it turned out that I paid very little, but did everything under the contract, and in the end I should as much money for fifteen years. Therefore, banks will not believe at all.
|
|
|
|
|
Weeya
Newbie
Offline
Activity: 14
Merit: 0
|
|
October 15, 2016, 09:09:29 AM |
|
I would choose bitcoin wallet instead of bank because in that way I can control everything myself. I can control my money, I can spend it anytime I like, anywhere hassle-free.
|
|
|
|
|
|
Shibashi Dogemoto
|
|
October 15, 2016, 09:27:49 AM |
|
if I have to choose I still choose for the bank because your money is insured if something happens and I also do not trust a unstable currency that can fall down on a day..
I think its too risky to do this!
That's true our money is more safe with the banks as if we our bank account gets hacked then banks will help us in recovering our money but the same is not the case with bitcoin wallet, once bitcoins lost its impossible to recover them. |
|
|
|
|
|
Nivir
|
|
October 15, 2016, 09:40:24 AM |
|
if I have to choose I still choose for the bank because your money is insured if something happens and I also do not trust a unstable currency that can fall down on a day..
I think its too risky to do this!
That's true our money is more safe with the banks as if we our bank account gets hacked then banks will help us in recovering our money but the same is not the case with bitcoin wallet, once bitcoins lost its impossible to recover them. Those are just one of the things that has to be enhanced by cryptocurrencies although I think some altcoins have better security and i'm pretty sure the best is yet to come. So at the moment banks are more safer but only for safekeeping as it won't do much to enchance your money compared to cryptocurrency. The crypto world is still a work in progress and investing on it yields a big return. |
|
|
|
|
1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
|
|
October 15, 2016, 09:45:22 AM |
|
if I have to choose I still choose for the bank because your money is insured if something happens and I also do not trust a unstable currency that can fall down on a day..
I think its too risky to do this!
That's true our money is more safe with the banks as if we our bank account gets hacked then banks will help us in recovering our money but the same is not the case with bitcoin wallet, once bitcoins lost its impossible to recover them. The security of your coins is fully depending on how you are setting up and securing everything. If you have poor security on your PC for example, and you have just an average password on your wallet file, then of course the chance of a hacker seizing your wallet file, and successfully brute forcing it, will be high. |
|
|
|
|
gkv9
Legendary
Offline
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
|
|
October 15, 2016, 09:46:43 AM |
|
That's true our money is more safe with the banks as if we our bank account gets hacked then banks will help us in recovering our money but the same is not the case with bitcoin wallet, once bitcoins lost its impossible to recover them.
Who says that once bitcoins are lost or hacked, nobody will help you recover them??? There are people in real world who can trace these hackers or thieves and they are caught, the coins will be found too... So, ain't this a possibility of your coins to get back restored to you??? |
|
|
|
|
drwtsn32
|
|
October 15, 2016, 09:54:57 AM |
|
That's true our money is more safe with the banks as if we our bank account gets hacked then banks will help us in recovering our money but the same is not the case with bitcoin wallet, once bitcoins lost its impossible to recover them.
Who says that once bitcoins are lost or hacked, nobody will help you recover them??? There are people in real world who can trace these hackers or thieves and they are caught, the coins will be found too... So, ain't this a possibility of your coins to get back restored to you??? If you've been able to trace the thief, could you get your coins back? If the thief has already sent it to another address. Or will you have enough proof to arrest him? I don't think so. That's what we are talking about here. Because bitcoin only gives us one-way transaction. |
|
|
|
|
tandira2016
Newbie
Offline
Activity: 2
Merit: 0
|
|
October 15, 2016, 10:55:30 AM |
|
hello all,
how about bitcoin cloud mining ? should one invest in bitcoin cloud mining.
|
|
|
|
|
18thacccount
Member
Offline
Activity: 64
Merit: 10
|
|
October 15, 2016, 11:32:09 AM |
|
I'm with using Bitcoin wallets IMO, it's cheaper, easier and more convenient plus it's a decentralized method therefore more with the concepts of bitcoin like anonymity and the privacy it offers more than a bank with your information linked to the account.
|
|
|
|
|
dezoel
Legendary
Offline
Activity: 2016
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
|
|
October 15, 2016, 11:41:20 AM |
|
That's true our money is more safe with the banks as if we our bank account gets hacked then banks will help us in recovering our money but the same is not the case with bitcoin wallet, once bitcoins lost its impossible to recover them.
Who says that once bitcoins are lost or hacked, nobody will help you recover them??? There are people in real world who can trace these hackers or thieves and they are caught, the coins will be found too... So, ain't this a possibility of your coins to get back restored to you??? I don't think that is possible in real world to recover your coins once they are gone from your wallet and I haven't seen any people who will help you in recovering your stolen coins. |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
caxandra
Member
Offline
Activity: 96
Merit: 10
|
|
October 15, 2016, 01:58:00 PM |
|
A wallet is more user-friendly and with better ease as well as privacy, With a bank there must be verification/restrictions and terms of use, with a wallet you can use and send your coins as much as you want, BTC is more with the no-central authority nature of BTC.
|
|
|
|
|
JessicaSe
Legendary
Offline
Activity: 840
Merit: 1000
|
|
October 15, 2016, 02:02:15 PM |
|
A wallet is more user-friendly and with better ease as well as privacy, With a bank there must be verification/restrictions and terms of use, with a wallet you can use and send your coins as much as you want, BTC is more with the no-central authority nature of BTC.
The advantage with bitcoin wallet is that you can have total control of your funds and you don't have to higher fees for transactions that you have to pay to banks and with banks you need to follow their guidelines strictly. |
|
|
|
|
Zadicar
Legendary
Offline
Activity: 1330
Merit: 1020
Seabet.io | Crypto-Casino
|
|
October 15, 2016, 02:11:13 PM |
|
A wallet is more user-friendly and with better ease as well as privacy, With a bank there must be verification/restrictions and terms of use, with a wallet you can use and send your coins as much as you want, BTC is more with the no-central authority nature of BTC.
The advantage with bitcoin wallet is that you can have total control of your funds and you don't have to higher fees for transactions that you have to pay to banks and with banks you need to follow their guidelines strictly. This is truly a precise explaination regarding on those two things and i agree with this because bitcoin you have a full control on your money and regarding fund transfers it would really cost you a little small amount only compare on bank transfers but somehow bank are more secure for me in terms of storing your fiat though. |
|
|
|
|
Anemed
|
|
October 15, 2016, 03:03:40 PM |
|
A wallet is more user-friendly and with better ease as well as privacy, With a bank there must be verification/restrictions and terms of use, with a wallet you can use and send your coins as much as you want, BTC is more with the no-central authority nature of BTC.
The advantage with bitcoin wallet is that you can have total control of your funds and you don't have to higher fees for transactions that you have to pay to banks and with banks you need to follow their guidelines strictly. Each has its won benefits. These are designed for us. I keep fiats in my bank accounts and BTC in my BTC wallets. Both currencies are safe in bank and wallets. BTC wallets saves your energy. None is required to roam around for it. It just depends on internet availability. But whereas banks, we need to reach out banks for one or the other needs though we have online banking or mobile banking facilities. |
|
|
|
|
|
|
|
