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Author Topic: Bank or Bitcoin Wallet?  (Read 230401 times)
vengeful
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February 05, 2016, 05:18:42 PM
 #781

Banks do provide more facilities; also various services that are provided can be understood and and used for benefit even by people who aren't that tech friendly and aware. Bitcoins are good but they can not guarantee returns that recurring deposits or fixed deposits provide at least not without the risk of ponzi or scam for beginners or in some cases even experienced ones.
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February 05, 2016, 05:35:23 PM
 #782

my bitcoin wallet is my bank .... or maybe someday

I choose wallets, I think they are safer.
I just a feeling I have when I have money on the bank, its bad.
The wallets are really from you no one can say something about it.
i have the same feeling about keeping all my money at a bank. although it is safe but i don't like keeping all my eggs in one basket.
I would choose for the bitcoin because its much safer and easier.
Plus you really owns the wallet there is no bank.

I also choose for the bitcoin as with it we can trade ourselves , so no need of any third party to earn with it and give us a small fraction of the money earned with our money deposited at the banks. I like the bitcoin more, also it is already secure more than banks.
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February 05, 2016, 05:36:59 PM
 #783

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 will pick bitcoin wallet,because i can create many account in a day,the registration really simple,the security is really simple too,you can find it on bank account Smiley
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February 05, 2016, 07:01:59 PM
 #784

I use bank and bitcoin all of them  Grin

Naah. Bank is waste one When we compare with Bitcoin wallet. Btc Wallet is very digital one Bank. Which gonna put down bank very soon. So kill bank and welcome Bitcoin wallet.

You have a bank account? You experienced how banking works? If not stop saying non sense here.

Banks are important you can't erase that even bitcoin will truly dominate in the future.

Banks are important, but they don't give you such interests Bitcoin gives you each year, which is why everyone's here mostly...
You get up to 50% at least if you know how to trade it, but Banks won't be giving you such huge %s even during 3 years... Wink

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February 05, 2016, 08:08:06 PM
 #785

my bitcoin wallet is my bank .... or maybe someday

I choose wallets, I think they are safer.
I just a feeling I have when I have money on the bank, its bad.
The wallets are really from you no one can say something about it.
i have the same feeling about keeping all my money at a bank. although it is safe but i don't like keeping all my eggs in one basket.
I would choose for the bitcoin because its much safer and easier.
Plus you really owns the wallet there is no bank.
But still there is a problem the problem of losing price , yeah our wallets are more secure, and we can hide our transactions by randomly changing our bitcoin addresses, but what if the price of bitcoin touches the ground!! , we will lose all our money without any thief . So I choose for both as of now.
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February 05, 2016, 08:23:26 PM
 #786

Banks will never accept bitcoin as deposit payment prossess because if this happen, people will realize how bitcoin is better than credit cards and they will abandon several bank's services
Banks and bitcoin don't mix  Grin

Haha but what if the banks allow credit cards with bitcoins loaded .. well thats the funny part.
I think banks and bitcoins can never be viewed with the same frame of reference because bitcoins are anonymous while with banks all legal issues are there.
You are true, banks and bitcoin can never be seen in the same frame, both have their own ways and their own fields, bitcoin is made as online/digital currency for online transaction/purchases etc, while banks are for maintaining financial affairs(in special) and other state businesses.
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February 06, 2016, 07:22:05 AM
 #787

Banks will never accept bitcoin as deposit payment prossess because if this happen, people will realize how bitcoin is better than credit cards and they will abandon several bank's services
Banks and bitcoin don't mix  Grin

Haha but what if the banks allow credit cards with bitcoins loaded .. well thats the funny part.
I think banks and bitcoins can never be viewed with the same frame of reference because bitcoins are anonymous while with banks all legal issues are there.
You are true, banks and bitcoin can never be seen in the same frame, both have their own ways and their own fields, bitcoin is made as online/digital currency for online transaction/purchases etc, while banks are for maintaining financial affairs(in special) and other state businesses.
Bitcoin wallet and bank have the same functionality that is closely together to save money. But unlike some of the banks under the government of the country while free bitcoin wallet.
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February 06, 2016, 07:23:22 AM
 #788

I would choose for a bitcoin wallet its more secured, faster and easier.
Also your not dependent on bank that controls your account.
Well I would say that an online Bitcoin wallet and a bank have the same amount of security. But Bitcoin wallets are just better.
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February 06, 2016, 11:36:19 AM
 #789

I would choose for a bitcoin wallet its more secured, faster and easier.
Also your not dependent on bank that controls your account.
Well I would say that an online Bitcoin wallet and a bank have the same amount of security. But Bitcoin wallets are just better.

If you are scammed with your bank account, the receiver has to return the money to you. For bitcoin account, there is no way.

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February 06, 2016, 01:01:45 PM
 #790

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.

banks are getting more profit by money transfers.. because they wants much money for this action.. banks dont want to lose this opportunity ..

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February 06, 2016, 01:07:44 PM
 #791

I would choose for a bitcoin wallet its more secured, faster and easier.
Also your not dependent on bank that controls your account.
Well I would say that an online Bitcoin wallet and a bank have the same amount of security. But Bitcoin wallets are just better.

If you are scammed with your bank account, the receiver has to return the money to you. For bitcoin account, there is no way.

thats why we should make escrow system in between both parties, It would help us to keep our bitcoin in safer side. find the most trusted people. instead of goes with scammers. and then even banking sector people faking many people by loan and interest and many things so all are same. main thing is how we are managing it.
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February 06, 2016, 01:09:51 PM
 #792

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.

banks are getting more profit by money transfers.. because they wants much money for this action.. banks dont want to lose this opportunity ..

i agree with you. banks are blood suckers.. they dont want to lose their biggest money source so they dont start using bitcoin in their actions.....
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February 06, 2016, 02:07:35 PM
 #793

In my opinion I think the bank much finer. Online wall Something did not bring a good experience.
Indeed, I once hacked there and I did not so fine. So I prefer the couch because I can save cash
BruceLee007
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February 06, 2016, 02:11:38 PM
 #794

In this discussion I think Bank wallet maybe better , becouse Bank waller is more flexible than bitcoin.
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February 06, 2016, 02:14:45 PM
 #795

In this discussion I think Bank wallet maybe better , becouse Bank waller is more flexible than bitcoin.

That's correct, I think bank is much safer at a moment, and bank allows us to earn some interests on our funds that are in our bank account whereas you don't earn interests in bitcoin wallet, you continue need to make efforts to grow your bitcoins.
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February 06, 2016, 02:20:57 PM
Last edit: March 25, 2016, 10:57:06 AM by vendetahome
 #796

i use only bank right now
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February 06, 2016, 02:35:27 PM
 #797

I would choose for a bitcoin wallet its more secured, faster and easier.
Also your not dependent on bank that controls your account.
Well I would say that an online Bitcoin wallet and a bank have the same amount of security. But Bitcoin wallets are just better.

If you are scammed with your bank account, the receiver has to return the money to you. For bitcoin account, there is no way.
I Agree..,
Bank is more guarantee the securities of customers,
while bitcoin is more vulnerable to crime..

Bitcoin has the speed of the transaction and there is no daily maximum limit in the transaction,
does not like banks.
But in these condition, I think banks still better than the bitcoin wallet..
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February 11, 2016, 02:37:41 PM
 #798

I would choose for a bitcoin wallet its more secured, faster and easier.
Also your not dependent on bank that controls your account.
Well I would say that an online Bitcoin wallet and a bank have the same amount of security. But Bitcoin wallets are just better.

If you are scammed with your bank account, the receiver has to return the money to you. For bitcoin account, there is no way.
I Agree..,
Bank is more guarantee the securities of customers,
while bitcoin is more vulnerable to crime..

Bitcoin has the speed of the transaction and there is no daily maximum limit in the transaction,
does not like banks.
But in these condition, I think banks still better than the bitcoin wallet..
Yes distinction you mentioned above is true, maybe I think bitcoin wallet can not be equated with the same bank although equally useful for storing bitcoin / money.
For safety I choose a bank because it can be justified but for convenience because I chose bitcoin transaction really easy  Cheesy
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February 11, 2016, 02:52:33 PM
 #799

I would choose for the bitcoin wallet, its independent and fast, you control it by yourself.
In my opinion the bank is not always fast and for sure not independent.

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February 11, 2016, 06:15:21 PM
 #800

I prefer to bank. Because I think this fact much finer and more pleasant.
I also think it's a little safer than an online wallet. But each has his own choice.
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