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Author Topic: Bank or Bitcoin Wallet?  (Read 230401 times)
quentincole32
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January 08, 2016, 07:23:33 AM
 #481

I think soon we will some banks from Europe will start accepting deposit from Bitcoin at the moment all banks are afraid by this revolution and i also would like to see this when i will directly make deposit my coins into my bank account.

Afraid and won't hiring a bitcoin expert to do start accept bitcoin.
Well everyone waiting for that moment when we able to deposit bitcoin to bank account directly but seems like it hard to make it happened because you know they think bitcoin wouldn't survive. They always thinking stupid like that I hate it .

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January 08, 2016, 07:53:59 AM
 #482

If you invest your money into a high quality cold wallet or hard drive to store your cold wallet, if definitely recommend a bitcoin wallet. The wallet is secure, and if you have a copy of your private key or a paper wallet somewhere, you can recover it if your hard drive fails.

Banks, sure they are safe, but they can close

Altynbekova
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January 08, 2016, 08:05:19 AM
 #483

If everyone use bitcoin I will for sure use Bitcoin wallet for sure, but I use fiat daily.
Example: like in the store they don't accept bitcoin. So for now I am just doing some cold wallet and just online shopping for bitcoin.
It really depends where you live and what is the rules for bitcoin in your country. I choose both.
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January 08, 2016, 08:28:01 AM
 #484

For sure I will like to choice for bitcoin wallet, but you need to see like this why bank don't really like bitcoin is because most of the employes don't know how to use it and they don't have experience. I know is easy, but what about the other people that don't use. Would bank earn more money than. They are a lot of question, but is better so how it is. I don't like storing my bitcoin in to a bank.

RyanX
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January 08, 2016, 08:54:28 AM
 #485

If you invest your money into a high quality cold wallet or hard drive to store your cold wallet, if definitely recommend a bitcoin wallet. The wallet is secure, and if you have a copy of your private key or a paper wallet somewhere, you can recover it if your hard drive fails.

Banks, sure they are safe, but they can close

When the banks accept the deposit of bitcoin, I will save (store) some bitcoins there to earn some interest if the banks are regulated and protect savers.

MaritiJames3
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January 08, 2016, 08:59:25 AM
 #486

I would have to pick for bitcoin wallet. I can move everything that I have in my wallet without too much hassle.
I'm the one who is responsible for keeping my bitcoins safe. There are a lot of options out there on how to do that.
If I keep my money in the back, it's up to them to keep it safe and you don't really know what's happening to your money when the bank closes.
pocarime32
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January 08, 2016, 09:46:39 AM
 #487

I more prefer bitcoin wallet than bank, because we can take it automaticly since it's online thing. and it's simple to transfer and receive money. and also it's easy to make bitcoin wallet then make an account bank.
dhimasnk
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January 08, 2016, 10:32:44 AM
 #488

I love bitcoin, but I still worry if change all my money into bitcoin. I still believe bank

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agustina2
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January 08, 2016, 10:44:26 AM
 #489

I still preferred banks because most of my transactions are in bank and fiat system.

Bitcoin wallet are just my backup funds. In terms of transferring of course much better in bitcoin but all of my transactions can't cover by bitcoin. So for now, banks.
newcoins1978
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January 08, 2016, 11:20:59 AM
 #490

I still preferred banks because most of my transactions are in bank and fiat system.

Bitcoin wallet are just my backup funds. In terms of transferring of course much better in bitcoin but all of my transactions can't cover by bitcoin. So for now, banks.

What if something happens with the bank? What if it crashes?
You won't ever see that money back
Dwetha
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January 08, 2016, 11:26:37 AM
 #491

I would have to pick bitcoin wallet. With my bitcoin wallet I'm depending on myself and myself only to keep it safe.
With a bank, I would need to be depending on the bank. With bitcoin wallet I can access my bitcoins whenever I want
agustina2
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January 08, 2016, 11:32:46 AM
 #492

I still preferred banks because most of my transactions are in bank and fiat system.

Bitcoin wallet are just my backup funds. In terms of transferring of course much better in bitcoin but all of my transactions can't cover by bitcoin. So for now, banks.

What if something happens with the bank? What if it crashes?
You won't ever see that money back

It won't happen as my bank used are one of the stable banks here in our country. Forget those ancient thing about bank crashing and in general, why would you choose a bank that is not stable? That kind of thinking is really an ancient thinking. We are in year 2016 dude. Look like you are newbie in the world of banking system.
Adaleon
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January 08, 2016, 11:35:05 AM
 #493

Can I choose both? Because I use daily my bank and not bitcoin wallet.
I use bitcoin wallet when I have enough bitcoin to purchase or sell it.
FrannWilder
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January 08, 2016, 12:31:46 PM
 #494

For now I'm going to need my bank as well I have no other options to pay bills with bitcoins yet
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January 08, 2016, 12:35:49 PM
 #495

bitcoin wallet, bank requires me to be at least "of age" level, while bitcoin doesn't have this restrictions. Grin
bitcoin is much more convenient to transact anywhere without worries, but for bank you will be able to get your fund back if you were scammed but your fund was sent via bank.

out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
wisecoin
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January 08, 2016, 12:54:30 PM
 #496

Can I choose both? Because I use daily my bank and not bitcoin wallet.
I still preferred banks because most of my transactions are in bank and fiat system.
Bitcoin wallet are just my backup funds. In terms of transferring of course much better in bitcoin but all of my transactions can't cover by bitcoin. So for now, banks.
For now I'm going to need my bank as well I have no other options to pay bills with bitcoins yet

Guys, I don't know if you heard, but there's a service that works just as you want! Wink

It's called Cashila https://www.cashila.com/
Official thread here.

It works basically as your private online bank. You can fund your account either with a SEPA transfer or straight with bitcoins!
The funds are stored in EUR.

And the best part? You can receive funds from whomever you want – and send it to whomever you want (in bitcoins or euros).
Receiving a paycheck? No problem. Paying bills? No problemo. Sending a friend some bitcoin? Sure do!

No bank account or verification needed.

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Hellacopter
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January 08, 2016, 01:07:28 PM
 #497

bitcoin wallet, bank requires me to be at least "of age" level, while bitcoin doesn't have this restrictions. Grin
bitcoin is much more convenient to transact anywhere without worries, but for bank you will be able to get your fund back if you were scammed but your fund was sent via bank.

But nowadays we need both i think, the bank account and the bitcoin's wallet, because unluckily most part of the marketplaces online aren't using Bitcoin as payment processor till now, so we have to convert Bitcoin into fiat to make our deals there
nejibens
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January 08, 2016, 01:46:24 PM
 #498

bitcoin wallet, bank requires me to be at least "of age" level, while bitcoin doesn't have this restrictions. Grin
bitcoin is much more convenient to transact anywhere without worries, but for bank you will be able to get your fund back if you were scammed but your fund was sent via bank.

But nowadays we need both i think, the bank account and the bitcoin's wallet, because unluckily most part of the marketplaces online aren't using Bitcoin as payment processor till now, so we have to convert Bitcoin into fiat to make our deals there

Yes i think we need both but indeed i use Bitcoin more than fiat online, and there is some ewallets and marketplaces accepting Bitcoin as payment processor
betohell
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January 08, 2016, 02:33:14 PM
 #499

If everyone use bitcoin I will for sure use Bitcoin wallet for sure, but I use fiat daily.
Example: like in the store they don't accept bitcoin. So for now I am just doing some cold wallet and just online shopping for bitcoin.
It really depends where you live and what is the rules for bitcoin in your country. I choose both.
Ya depends on the adoption of the mass. if a state legalizes bitcoin and various shops accept bitcoin. of course I would prefer to use bitcoin. but this situation is different

phreaky
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January 08, 2016, 02:36:24 PM
 #500

If everyone use bitcoin I will for sure use Bitcoin wallet for sure, but I use fiat daily.
Example: like in the store they don't accept bitcoin. So for now I am just doing some cold wallet and just online shopping for bitcoin.
It really depends where you live and what is the rules for bitcoin in your country. I choose both.
Ya depends on the adoption of the mass. if a state legalizes bitcoin and various shops accept bitcoin. of course I would prefer to use bitcoin. but this situation is different


So true everyone in bitcointalk would like to just use bitcoin wallet, but for our personal life fiat is actually our money to use daily. Is nice to have bitcoin aside is not making a fake money, but is something that you can earn a lot with it.
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