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Author Topic: Bank or Bitcoin Wallet?  (Read 230401 times)
bitlancr
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February 19, 2016, 02:42:11 PM
 #841

Like them both. We need them both. But I hope later that the Bitcoin wallet will rise. And that it will be more used.
Ofcourse everyone need the normal banks. Some people dont even know what Bitcoin is so they use only normal banks.
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agustina2
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February 19, 2016, 03:27:53 PM
 #842

i would choose btc wallet over bank...coz if our money is in bank we will be tempted to spend them all....but if its in wallet we always be thinking of earning more n more...and on the other hand our money will be safe in our wallet...so that is the best:D

Money in bank, to be able to get, you need to find some ATM machines or going directly to your bank. We can't be tempted to spend money here. In bitcoin all you need is an internet connection and smartphone and you are ready to go. Transactions is fast too. I think it's more tempting. Smiley
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February 19, 2016, 04:31:55 PM
 #843

The thing is we must use and invest our money,otherwise would be any company ,service connected to money,i believe with the current Europe banks problems,our money arent safe at banks,you can loose it all ,bitcoin for other side till the moment looks  and is more safe as it need some serious problem to make it worth nothing.
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February 19, 2016, 04:39:26 PM
 #844

There are less and less places worth putting your money by the day that aren't either Bitcoin or Gold, everything else is going to collapse long term, since it's all supported by fiat which is going to go to bust, so find investments that aren't backed by broken fiat currencies but good luck with that.
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February 19, 2016, 04:48:17 PM
 #845

I would prefer to store my assets in Bitcoin rather than a bank. Banks always charge a lot of fees and come with problems such as charge backs. Banks are afraid of Bitcoin because the technology could put them out of business

Signatures? How about learning a skill... I don't care either way. Everybody has to make a living somehow.
Ryananda
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February 20, 2016, 04:42:03 AM
 #846

I would prefer to store my assets in Bitcoin rather than a bank. Banks always charge a lot of fees and come with problems such as charge backs. Banks are afraid of Bitcoin because the technology could put them out of business
Yeah maybe you're right but I still feel scared to do it in bitcoin because now there are many scammers who can steal anything in bitcoin. Maybe if enhanced security I would prefer bitcoin.
rio3233
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February 20, 2016, 05:42:57 AM
 #847

I choose bitcoin wallet, because i think bitcoin wallet is more easier to use, small fee and we can stored it on online. But what i like on Bank is, you can get interest when you stored your money in bank,
teilwalL05
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February 20, 2016, 06:18:48 AM
 #848

I choose bitcoin wallet, because i think bitcoin wallet is more easier to use, small fee and we can stored it on online. But what i like on Bank is, you can get interest when you stored your money in bank,

I think not bank just hold your money for safe keeping but if your bank promises such thing then it might end up in bankruptcy well in my opinion bitcoin wallet can increase or decrease your BTC it depends on the movement of bitcoin.
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February 20, 2016, 06:22:16 AM
 #849

I choose bitcoin wallet, because i think bitcoin wallet is more easier to use, small fee and we can stored it on online. But what i like on Bank is, you can get interest when you stored your money in bank,
Perhaps if the transaction in bitcoin wallet is quick and only takes a few seconds it will be very interesting, but I chose bitcoin wallet because I think it is very easy.
teilwalL05
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February 20, 2016, 06:29:48 AM
 #850

I choose bitcoin wallet, because i think bitcoin wallet is more easier to use, small fee and we can stored it on online. But what i like on Bank is, you can get interest when you stored your money in bank,
Perhaps if the transaction in bitcoin wallet is quick and only takes a few seconds it will be very interesting, but I chose bitcoin wallet because I think it is very easy.

Are you serious? Bitcoin just takes seconds for such transactions and itbis instant to, my bitcoin wallet do such a thing like that and I can withdraw cash when ever I like in the specific ATM that transact such bitcoin.
blackmachinegun
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February 20, 2016, 07:04:14 AM
 #851

Well, for the time being, bank. It is far more secure IMO, as there are lots of problems with Bitcoin lately. If you hold an online wallet, all may disappear. If you hold them in your computer, it is not as hard that it is broken losing your bitcoins, etc. It all depends on you, not on a third party.
What kind of problems do you mean? I think there are currently no significant problems on bitcoin, and I can still use bitcoin as usual.
do not forget there is also a third-party on bank, privately owned
mainpmf
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February 20, 2016, 12:31:23 PM
 #852

Well, for the time being, bank. It is far more secure IMO, as there are lots of problems with Bitcoin lately. If you hold an online wallet, all may disappear. If you hold them in your computer, it is not as hard that it is broken losing your bitcoins, etc. It all depends on you, not on a third party.
Yeah but if you use online wallet to store money you're an idiot and diserve to get stollen ^^

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ekoice
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February 20, 2016, 12:36:14 PM
 #853

If banks start accepting bitcoins and bitcoins go through it regularly, won't it be a centralized currency like any in the world? Cheesy
Anyway I doubt that will happen anytime soon, It's unlikely currently that a bank accept an anonymous currency.
Banks are quite safer in lieu of secrecy and safety since you may retrieve your information from bank in case if you loose some information like password etc. but in BTC have no option to retrieve the password. Must improve this system its my humble request to BTC team.
blackbird307
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February 20, 2016, 01:11:19 PM
 #854

If banks start accepting bitcoins and bitcoins go through it regularly, won't it be a centralized currency like any in the world? Cheesy
Anyway I doubt that will happen anytime soon, It's unlikely currently that a bank accept an anonymous currency.
Banks are quite safer in lieu of secrecy and safety since you may retrieve your information from bank in case if you loose some information like password etc. but in BTC have no option to retrieve the password. Must improve this system its my humble request to BTC team.

Seeing as how important bitcoins are I don't see how you could lose the password. Why not memorize it? Safest place of all.

Laosai
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February 20, 2016, 02:06:46 PM
 #855

Well, for the time being, bank. It is far more secure IMO, as there are lots of problems with Bitcoin lately. If you hold an online wallet, all may disappear. If you hold them in your computer, it is not as hard that it is broken losing your bitcoins, etc. It all depends on you, not on a third party.
Yeah but if you use online wallet to store money you're an idiot and diserve to get stollen ^^

No mate, that's not that easy to steal money from online wallet, online wallet is very safe in terms of security, you can loose your money only if your wallet gets damaged or you forget the password of your wallet.

No, money on online wallet is not yours, online wallet is exactly like a bank, you own nothing! Why using it while you could have a desktop wallet safe secure where the coins are yours???

ricardobs
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February 21, 2016, 04:29:38 PM
 #856

Both bank and bitcoin wallet have their own importance.
But personally I prefer bitcoin wallet more than banks. There are lots of advantages of bitcoin wallets. The prime one is, we have our own and full control of our money nothing better than this..
European Central Bank
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February 21, 2016, 04:36:02 PM
 #857

Wallet for me. Look at all the shit some customers have had from places like Coinbase. Sure, Coinbase doesn't wanna do it but they have to. You never know when laws or terms are gonna change. We got the option to reject it. I'm gonna use that option.
Nameless Coin
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February 21, 2016, 04:53:31 PM
 #858

I would choose for the wallets, the wallet is more secured and its also easier in my eyes, plus the bank controls you.
If you use a wallets you are the one that is controlling your money and its all yours no one can touch it, only you.
dragonusa9
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February 21, 2016, 04:56:11 PM
 #859

I would choose for the wallets, the wallet is more secured and its also easier in my eyes, plus the bank controls you.
If you use a wallets you are the one that is controlling your money and its all yours no one can touch it, only you.
but remember if you lost your mnemonic for blockchain wallet or forgotten about your password
nothing to do about recovering your wallet, except you're using the xapo(maybe the CS will help you about this)
so for this thing bank is more better for your money
hangar18
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February 22, 2016, 05:12:17 AM
 #860

Well Bitcoin wallet. But I don't trust it 100% So I do some in BTC wallet and the rest in the bank.
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