Abiky
Legendary
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Activity: 3374
Merit: 1405
www.Crypto.Games: Multiple coins, multiple games
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November 27, 2015, 09:03:03 PM |
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bitcoin wallet. You will earn more interest in a year from value rising than interest in bank That is totally correct mate! We can see Bitcoin's price go up everyday faster than you can think of! And maybe this is because the halving date is near and thus Bitcoin is increasing in price and demand. Today has been a good day with BTC being worth at $360 per coin. I have increased my earnings faster than I would have done with my bank account
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stromma44
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November 28, 2015, 12:40:27 AM |
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bitcoin wallet. You will earn more interest in a year from value rising than interest in bank That is totally correct mate! We can see Bitcoin's price go up everyday faster than you can think of! And maybe this is because the halving date is near and thus Bitcoin is increasing in price and demand. Today has been a good day with BTC being worth at $360 per coin. I have increased my earnings faster than I would have done with my bank account Great. And we hope that the price of bitcoins would go much higher in coming days so we can have good earnings and good savings too, as far as banks are concerned they are traditional and today in era of internet its very difficult to follow their rules and regulations though it has their own benefits but bitcoin would surely overtake it in future.
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RealBitcoin
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November 28, 2015, 02:23:33 AM |
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Bitcoin = sanctuary for your capital
Bank = begging to be robbed (and not by bank robbers, but by robber banks)
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enthus
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November 28, 2015, 02:39:39 AM |
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bitcoin wallet in paper... then no one can touch it, i can store as much money and no tax !!! This is the best thing to do I think
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ivan19
Newbie
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Activity: 56
Merit: 0
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November 28, 2015, 02:52:54 AM |
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Well,if you have pretty bad credit and can't open a bank account go for bitcoin hardcore lol. Start converting all funds into bitcoin and storing them and sell them when you need stuff.
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enzu
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Activity: 56
Merit: 0
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November 28, 2015, 03:13:48 AM |
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bank because you can earn some good interest on large amount
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secone
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November 28, 2015, 03:21:33 AM |
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both of them is goood bank is safe place with guarantee million asset and bitcoin is safe place with guarantee future technology so i choose bitcoin and bank
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balanced190
Newbie
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Activity: 42
Merit: 0
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November 28, 2015, 09:58:16 AM |
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Bank took high fees on transaction,not anonymous,unsecure. I suggest BTC but all people should have Bank too.
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bob123
Legendary
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Activity: 1624
Merit: 2481
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November 28, 2015, 10:25:30 AM |
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I would take a Btc Wallet over Bank. I'd rather be the one who has the overview of my money. Not let the bank do it.. and have to trust them.
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Jeremycoin
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Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
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November 28, 2015, 10:37:10 AM |
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I will usually use Bitcoin wallet because it's more safe and I can more freely organize my money with it. But however, I will use Bank to cashout it when I need to buy something with fiat.
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faucet used to be profitable
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arruah
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Activity: 1357
Merit: 1004
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November 28, 2015, 10:39:56 AM |
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I will usually use Bitcoin wallet because it's more safe and I can more freely organize my money with it. But however, I will use Bank to cashout it when I need to buy something with fiat.
I, too, is particularly convenient multisig wallet.
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BCH
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1Referee
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Activity: 2170
Merit: 1427
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November 28, 2015, 10:42:07 AM |
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bitcoin wallet in paper... then no one can touch it, i can store as much money and no tax !!! This is the best thing to do I think
It depends on where you live. Each government have a different policy when it comes to taxing Bitcoin as form of wealth. If you hide it, then indeed you don't have to pay tax. But if they somehow find out you have a lot coins in a wallet somewhere, they will surely find a way to tax you
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loreykyutt05
Sr. Member
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Activity: 434
Merit: 250
Free Crypto in Stake.com Telegram t.me/StakeCasino
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November 28, 2015, 01:25:42 PM |
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I still go for the Bank because it much more formal and secured to store money there than a bitcoin wallet .
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artifical100
Newbie
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Activity: 42
Merit: 0
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November 28, 2015, 01:35:11 PM |
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All are important I think. Bitcoin used on online transactions and Bank used to verify your statement. But the problem with Bank is that your information is not private and not secure,not the case of Bitcoin.
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umaOuma
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November 28, 2015, 02:11:00 PM |
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bitcoin wallet in paper... then no one can touch it, i can store as much money and no tax !!! This is the best thing to do I think
It depends on where you live. Each government have a different policy when it comes to taxing Bitcoin as form of wealth. If you hide it, then indeed you don't have to pay tax. But if they somehow find out you have a lot coins in a wallet somewhere, they will surely find a way to tax you I think holding multiple wallets can solve the issue, as Government in my country doesn't support bitcoins but I don't think that it would create any problem for me for holding lot of coins in my wallet, as Government in my country is busy in solving their own scams which involves millions of dollars why would they run behind poor guy like me?
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AncilVTwo
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November 28, 2015, 02:17:05 PM |
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for transactions i do in real life such as paying for food, clothes and stuff like that i prefer debit cards from a bank. but for online transactions I think bitcoin is a better alternative.
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caliboy37
Member
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Activity: 88
Merit: 10
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November 29, 2015, 06:07:18 PM |
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All are important I think. Bitcoin used on online transactions and Bank used to verify your statement. But the problem with Bank is that your information is not private and not secure,not the case of Bitcoin.
I'm with you
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makingwin1
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November 29, 2015, 06:08:33 PM |
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i hold all my money in bank though i have some in my blockchain wallet either
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delliaerd
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December 21, 2015, 01:15:19 PM |
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i hold all my money in bank though i have some in my blockchain wallet either
Yeah, we use both bitcoin wallet and bank. We keep our bitcoin in bitcoin wallet after we change bitcoin to our currency then we keep it in bank. It is especially for me. I don't know if you not do that
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| ..................... ........Finally C is ......... .............. | ........... ............ ............ ............ ................... ....................
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Kevin77
Legendary
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Activity: 1652
Merit: 1057
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December 21, 2015, 04:44:23 PM |
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i hold all my money in bank though i have some in my blockchain wallet either
Yeah, we use both bitcoin wallet and bank. We keep our bitcoin in bitcoin wallet after we change bitcoin to our currency then we keep it in bank. It is especially for me. I don't know if you not do that Bitcoin has a fluctuating price, and it is highly volatile, so I would prefer bank. Sometimes I can invest into bitcoin, and make some profit from my investment money, just because of Bitcoin's volatile nature. The fluctuation is a problem to some people and an advantage to some other people.
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