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Author Topic: Bank or Bitcoin Wallet?  (Read 230401 times)
Hellacopter
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January 02, 2016, 04:33:24 PM
 #421

I would choose bitcoin wallet... blockchain the best in my opinion....
Blockchain is also as like as a bank... some risky
if you want interest as same as bank.. then try some investment site... but in my opinion it is risky
And don't mix bank with bitcoins...
Otherwise there won't be any bank... only online bitcoin sites :v

No Blokchain and Bitcoin's wallets aren't the same like banks, there is a big difference between them
No risk using wallets as you put the right address needed and you pay the enough fee, and you haven't to provide your personal infos like requested with banks
Supercrypt
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January 02, 2016, 04:52:31 PM
 #422

I would choose bitcoin wallet... blockchain the best in my opinion....
Blockchain is also as like as a bank... some risky
if you want interest as same as bank.. then try some investment site... but in my opinion it is risky
And don't mix bank with bitcoins...
Otherwise there won't be any bank... only online bitcoin sites :v

No Blokchain and Bitcoin's wallets aren't the same like banks, there is a big difference between them
No risk using wallets as you put the right address needed and you pay the enough fee, and you haven't to provide your personal infos like requested with banks

I agree. But if I am asked about my personal preference, it would be bank cash as I earn interest as well on my money while in the case of bitcoins, the bitcoins don't earn me anything more than the market value whether they remain in my wallet for months or years. If today 1 BTC = $430+, tomorrow it may be worth $1000+ or $100- which is the only difference.
protzein
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January 02, 2016, 04:57:54 PM
 #423

for safety I prefer using bank. too risky using bitcoin. since bitcoin value can be fluctuative
jethrorn99
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January 03, 2016, 08:49:49 AM
 #424

I'll still use bank to save my moneys, it got interests and much more safer than bitcoin.

You could make a credit card or debit card too.

Bitcoin? i'll safe up a little, still scared if I ever got hacked, no one will help then.
ajun96
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January 03, 2016, 10:11:13 AM
 #425

for safety I prefer using bank. too risky using bitcoin. since bitcoin value can be fluctuative

The first to plunge the world's gold, you should know the basics about bitcoin as "fluctuations" if you already know it, you will be comfortable in bitcoin
but it seems you do not already know it, you better wear a bank only
RealBitcoin
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January 03, 2016, 10:17:56 AM
 #426

Depends, banks are still the real node in global finance. We are bound to use them for now.

If the bitcoin node becomes the node of global finance, then stuff will change.

traderbit
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January 03, 2016, 10:55:39 AM
 #427

I would choose bitcoin wallet... blockchain the best in my opinion....
Blockchain is also as like as a bank... some risky
if you want interest as same as bank.. then try some investment site... but in my opinion it is risky
And don't mix bank with bitcoins...
Otherwise there won't be any bank... only online bitcoin sites :v

When you say try investment site then here is the highest risk to loose the bitcoins.
I prefer both of them as long as i use them both, but the favorite will be bitcoin always.

btcdevil
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January 03, 2016, 11:10:35 AM
 #428

The answer for this question is very confusing, because both are important,

Bitcoins is just like Gold , which at the end of the date we have to convert it to fiat currency , and bitcoin is not working like bank, if you are going for bitcoins like bank then their are more complications which will be facing it.
iqlimasyadiqa
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January 03, 2016, 11:23:02 AM
 #429

bank = If you choose the security of transactions and guarantee funds you save.

bitcoin wallet = if you choose the convenience and speed of transaction (everytime and everywhere).

match yourself?  Wink Wink
rio3233
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January 03, 2016, 11:33:11 AM
 #430

I choose bitcoin wallet, because it's simple websites (i'm using blockchain) and we can pay anything and buy anything online via bitcoin.
Luqman
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January 03, 2016, 11:50:29 AM
 #431

Both, only because you need Bitcoin holding to grow. Then you sell it and put the earnings in the bank to gain added interest.
yeah both is good, but here the choice is the bank or the bitcoin wallet you have to choose one,
if I am, of course at this time. I would opt for the bank, because I can use it for any purpose,
in contrast with bitcoin which is still limited to use

That's true, but I would surely choose bitcoins over bank, as there are no public or holidays when it comes to bitcoin transaction, I can transact at any time, and when it comes to bank we need to follow their rules and regulations, pay them fees etc, and I don't have control on my money if my money is with bank.
Yeah, we can still uses our bitcoin even on holiday, that bitcoin ability that bank never can do..
BlackPanda
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January 03, 2016, 12:06:23 PM
 #432

bitcoin wallet will be the choice in this modern era (digital) while the bank is conventional storage media that may be a bit of its users in the future.
betohell
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January 03, 2016, 12:18:53 PM
 #433

I'll still use bank to save my moneys, it got interests and much more safer than bitcoin.

You could make a credit card or debit card too.

Bitcoin? i'll safe up a little, still scared if I ever got hacked, no one will help then.
hey man.. there are some who do not you know about bitcoin. now with bitcoin you can make debit and credit cards many of its providers
i think very little interest in the bank. maybe 1% per year.. are you confident with it lol Grin

Ryananda
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January 03, 2016, 12:30:07 PM
 #434

more than needed i invest to btc but bank is my first priority
Ya better bitcoin in traded online or transferred to a bank account to be safe. Because I still feel worried if menyimpat bitcoin wallet too long at this address, because it is highly vulnerable to hacking
besides unsafe as well, we cannot use bitcoin wallet it completely, you know there are still a few who accept bitcoin as a payment option,
so I prefer to exchange it into fiat money and put it in the bank
We recommend that if you want to use bitcoin as payment must be used immediately and not stored in bitcoin wallet in a very long period of time, it is recommended to immediately disbursed money in the bank because the bank is very safe and can be accountability on the part of banks. I think it's probably a wise way to use bitcoin
BlackPanda
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January 03, 2016, 12:38:14 PM
 #435

more than needed i invest to btc but bank is my first priority
Ya better bitcoin in traded online or transferred to a bank account to be safe. Because I still feel worried if menyimpat bitcoin wallet too long at this address, because it is highly vulnerable to hacking
besides unsafe as well, we cannot use bitcoin wallet it completely, you know there are still a few who accept bitcoin as a payment option,
so I prefer to exchange it into fiat money and put it in the bank
We recommend that if you want to use bitcoin as payment must be used immediately and not stored in bitcoin wallet in a very long period of time, it is recommended to immediately disbursed money in the bank because the bank is very safe and can be accountability on the part of banks. I think it's probably a wise way to use bitcoin
yes it makes sense. in bank funds we will be guaranteed. we do not need to worry. question. until when it can all survive?  Cheesy
RoughLyfe
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January 03, 2016, 12:41:28 PM
 #436

Honestly,I think I would go with banks since it would be more secure.
RealBitcoin
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January 03, 2016, 12:42:42 PM
 #437

Honestly,I think I would go with banks since it would be more secure.

The greeks and cypriots thought the same, before they found themselves locked out of their money. Then Cyprus went under a big haircut of deposited funds.

MTBTT
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January 03, 2016, 12:50:25 PM
 #438

Both, only because you need Bitcoin holding to grow. Then you sell it and put the earnings in the bank to gain added interest.
yeah both is good, but here the choice is the bank or the bitcoin wallet you have to choose one,
if I am, of course at this time. I would opt for the bank, because I can use it for any purpose,
in contrast with bitcoin which is still limited to use

That's true, but I would surely choose bitcoins over bank, as there are no public or holidays when it comes to bitcoin transaction, I can transact at any time, and when it comes to bank we need to follow their rules and regulations, pay them fees etc, and I don't have control on my money if my money is with bank.
hey did you forget with the bank we can use the atm bro? we can send money anytime like bitcoin Cheesy
we can withdraw money quickly without exchanger Cheesy
Gloober
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January 03, 2016, 03:43:49 PM
 #439

I would have to choose Bitcoin wallet. It's up to me to keep it safe, unlike any bank out there. With a wallet I can secure it myself and with the bank, I don't really own that money since it's not in my hands. It's only available to me if I withdraw the money that I have on my account.
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January 03, 2016, 09:48:40 PM
 #440

I prefer more to be my own bank by having a paper wallet or lately the hardware wallets which are phenomenal, i don't prefer much local banks.
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