dragonusa9
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January 26, 2016, 06:44:42 PM |
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Personally I like bitcoin wallet because they are easy to use and making a transaction is a piece of cake. But both banks and bitcoin wallets have their advantages,like if I have alot of money I would like to keep it in bank as I would get interest on it even you got interest, it's still little than bitcoin. bitcoin prices is fluctuative, that you can get a lot of profit than only interest on bank but only if you always online on the exchanger to sell the BTC into cash
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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beerlover
Legendary
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Activity: 2856
Merit: 1156
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January 26, 2016, 06:59:44 PM |
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I would opt for bitcoins, bitcoins are secure, fast, and there is potential for a lot of profit. Sometimes I do not trust a bank with some tricks.
On the bank you get a little interest and I want a big profit on my savings so I choose bitcoin above banks.
Yes, when we considering Security, good return from investment, Full ownership of our money, Fast transactions, we need to go with bitcoin wallet. All the above features are completely missing in my country's banking system usually. Nice pointing out. Anyone will prefer for having ownership of their own money or wealth. This must be the one of the most perfect reason for myself to go with the bitcoin wallet over bank account.
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knowhow
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January 26, 2016, 08:30:35 PM |
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Banks accounts usually been hacked and funds like 0,01dollars being stoled everyday i remember a friend mine doing those and stoped because police started to trace and he stoped before get jail,the thing is he made something like 300 dollars in 3 days i guess.With bitcoin is impossible to take any satoshi from users balance very protected.
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kyrios_
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January 26, 2016, 11:24:47 PM |
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Banks accounts usually been hacked and funds like 0,01dollars being stoled everyday i remember a friend mine doing those and stoped because police started to trace and he stoped before get jail,the thing is he made something like 300 dollars in 3 days i guess.With bitcoin is impossible to take any satoshi from users balance very protected.
how did he manage to hack a bank? isn't it pretty hard
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gilangIDR
Legendary
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Activity: 1526
Merit: 1001
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January 26, 2016, 11:27:43 PM |
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Banks accounts usually been hacked and funds like 0,01dollars being stoled everyday i remember a friend mine doing those and stoped because police started to trace and he stoped before get jail,the thing is he made something like 300 dollars in 3 days i guess.With bitcoin is impossible to take any satoshi from users balance very protected.
What bank? it does not seem as easy as clicking hack bank. bank with its credibility usually provide super-tight security for customers.
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adibe
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January 26, 2016, 11:30:18 PM |
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Personally i use both, bank and wallet. Till now there is a lot of needed marketplaces not using Bitcoin as payment processor, that's why we have to use the bank accounts sometimes
if both are useful, why not? do not be too hard to use one, if both can be used simultaneously, why not? right ? Yes i agree with you. I'm using both banks and bitcoin wallet, banks for save my money in real life and bitcoin wallet for save my bitcoin on online. So yeah, both are good though.
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YoonYeonghwa
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January 26, 2016, 11:32:54 PM |
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Online Bitcoin wallets are not safe, but software and hardware wallets are really good. Banks are really shit.
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knowhow
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January 27, 2016, 12:17:39 AM |
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Banks accounts usually been hacked and funds like 0,01dollars being stoled everyday i remember a friend mine doing those and stoped because police started to trace and he stoped before get jail,the thing is he made something like 300 dollars in 3 days i guess.With bitcoin is impossible to take any satoshi from users balance very protected.
how did he manage to hack a bank? isn't it pretty hard I dindnt said he hacked the bank he hacked accounts i remember he said he made a fake login page to bank logins online... soo people were redirected to the real bank.... and later he pick the money lol soo those is very easy for those with skills.
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RyanX
Full Member
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Activity: 140
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
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January 27, 2016, 07:22:20 AM |
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Online Bitcoin wallets are not safe, but software and hardware wallets are really good. Banks are really shit.
For for the time being, most of us are paid with fiat through banks. So we have to deal with banks. Although we also hold some bitcoins.
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sana54210
Legendary
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Activity: 3178
Merit: 1128
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January 27, 2016, 07:32:16 AM |
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Online Bitcoin wallets are not safe, but software and hardware wallets are really good. Banks are really shit.
For for the time being, most of us are paid with fiat through banks. So we have to deal with banks. Although we also hold some bitcoins. Holding both bank accounts and bitcoin wallet must be a present situation of all the people here. But thing is how it is going to change like which one is going to stay with us. I strongly believe bitcoin wallet will be the only choice for many people here to stick within it.
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knowhow
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January 28, 2016, 04:36:35 PM |
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Sure the most has banks ,as they sell and buy crypto coins and transfer the fiat to their accounts being by paypal or ditect.Banks has a huge paper in the society even charging such fees for their services,they are where the people trust even knowing that they can be hacked and steal the money,but well usually they trace all soo they can find and return the money to holders atleast it should be done that way.
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delliaerd
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January 29, 2016, 10:51:45 AM |
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In my view point, i will choose both bank and bitcoin wallet. First, i looking for bitcoin with free way and store my bitcoin payment to bitcoin wallet, and then if i want to buy some good, i will exchange my bitcoin into my currency and send it to local bank. Sometimes i took it when i want to buy something.
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agustina2
Legendary
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Activity: 2436
Merit: 1008
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January 29, 2016, 10:55:56 AM |
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Without banks, people in other countries can't convert their bitcoin into fiat so I will say that one must not replace here because they are link today. Bitcoin alone can't give us the opportunity to convert it to fiat.
Here in my country, our bitcoin are processed by a third party payment processor then releasing it to different method but in most of the cases by using banks.
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Pattart
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January 29, 2016, 11:45:22 AM |
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Banks accounts usually been hacked and funds like 0,01dollars being stoled everyday i remember a friend mine doing those and stoped because police started to trace and he stoped before get jail,the thing is he made something like 300 dollars in 3 days i guess.With bitcoin is impossible to take any satoshi from users balance very protected.
how did he manage to hack a bank? isn't it pretty hard the bank provides protection for the consumer, if the money has not been withdrawn from the account thieves, they can refund your money if your bank hacked, I think it was carelessness from you
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MedaR
Legendary
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Activity: 2380
Merit: 1026
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January 29, 2016, 12:35:20 PM |
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Cold wallet is most secure place for bitcoins! Every other options is risky and easily can become nightmare.
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BlackPanda
Legendary
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Activity: 1414
Merit: 1001
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January 29, 2016, 12:37:52 PM |
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Cold wallet is most secure place for bitcoins! Every other options is risky and easily can become nightmare.
maybe you mean the cloud wallet? I even worried when the cloud wallet there are problems in the era of MT.Gox
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Imoote
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January 29, 2016, 12:47:58 PM |
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Bank or bitcoin wallet in my opinion the same, the same as is used to store. But banks have interest so great than bitcoin wallet, I would choose bitcoin wallet. But the matter of security in my opinion safer bank.
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delliaerd
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January 31, 2016, 04:37:58 AM |
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Bank or bitcoin wallet in my opinion the same, the same as is used to store. But banks have interest so great than bitcoin wallet, I would choose bitcoin wallet. But the matter of security in my opinion safer bank.
Absolutely right, from aspect security bank more excellent then bitcoin wallet... but although that if you make transactions will be cheapest bitcoin then bank fee transactions.
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| ..................... ........Finally C is ......... .............. | ........... ............ ............ ............ ................... ....................
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pooya87
Legendary
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Activity: 3430
Merit: 10492
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January 31, 2016, 05:23:14 AM |
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Bank or bitcoin wallet in my opinion the same, the same as is used to store. But banks have interest so great than bitcoin wallet, I would choose bitcoin wallet. But the matter of security in my opinion safer bank.
Absolutely right, from aspect security bank more excellent then bitcoin wallet... but although that if you make transactions will be cheapest bitcoin then bank fee transactions. i'm not exactly sure what you are saying! but using banks are safe but there is no way that they are safer than bitcoin. the only way using bitcoin wallet is not safe is that you have a malware on your system, in that case using your bank (online) poses the same risk because it can still steal your information like your credit card info.
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traderbit
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January 31, 2016, 02:53:12 PM |
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Personally i use both till now, but i prefer to use Bitcoin online, to make trades and deals. Offline the bitcoin's not yet used like fiat so we are forced to use the banks
I use both of them too, but recently more bitcoins as it's cheaper and sometimes faster, there are some cons but pros are greater. But I believe I will go up only with bitcoin wallet as I find no meaning a bank account with no balance as I get all my deals within my bitcoin wallets. Really I say I could not find any cons with using bitcoins for my daily life. Well if your bank account with no balance then bitcoin is your choice, i prefer bitcoin more but some payments are made only through banks so bitcoin is not available for some deals.
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