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Lituation
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January 23, 2016, 05:50:22 PM |
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Neither. I put my money in my closet. Nothing is safer than a safe safe.  Banks are crooks, wallets are not safe. Diversify your investments, so you don't face big financial problems. Bitcoin is safer in my view. The reason for success of bitcoin must be the failure experience with our traditional banks. To have total control on our wealth, then bitcoin must be a perfect answer. Diversifying is always good, no bitcoiners never suggest to invest all our wealth into bitcoin. Other than bank deposits, we can many numerous investments options. But for me, bitcoin gets more priority. I fully support Bitcoin and pretty optimistic about its future but it's not time to get all wealth into Bitcoin and hold it in the wallet. Saving methods are either not safe enough or cost too much. I prefer to see my banknotes in my hand now. |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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BruceLee007
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January 23, 2016, 06:08:34 PM |
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i would choose bitcoin wallet instead of bank, if you deposit your money into a bank you actually dont have it its just numbers, and if your coins are in your wallet then its yours and no one can take it from you
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gkv9
Legendary
 Offline
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
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January 23, 2016, 06:47:29 PM |
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of course bitcoin, because banks are slow when want to send or receiving payments from one bank to the other.
lol question in my mind. if you have a bank account? it seems you never send money between bank accounts to other banks same as bitcoin, when you send money to your friend with the bank, at that moment, your money sent to your friend's account But in Bitcoins, you don't need to "Add Beneficiary's account" or no need to go outside to a Bank to deposit, you just need to have the address and you are done, that too with least fee...  If the block size is limited to 1MB and there are more transactions, you have to wait long time or pay much higher fees. Much higher fees, seriously??? You only need to pay 8 cents based on current price of BTC, even if BTC reaches $4k, you will only be paying 80 cents which is far better than paying 100s of bucks for wire transfers... |
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Hellacopter
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January 23, 2016, 07:34:19 PM |
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i would choose bitcoin wallet instead of bank, if you deposit your money into a bank you actually dont have it its just numbers, and if your coins are in your wallet then its yours and no one can take it from you
I prefer the wallet also, but not because of your reason, i think it's wrong reason, because even with your bank account it's possible to use your money any time and it's for real your owned money, you can withdraw it or just make deals and trades simply |
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RealBitcoin
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January 23, 2016, 11:03:47 PM |
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i would choose bitcoin wallet instead of bank, if you deposit your money into a bank you actually dont have it its just numbers, and if your coins are in your wallet then its yours and no one can take it from you
Hackers could try, but if you keep it very safe and disciplined then it's safe. People who have full bitcoin wallets on their PC should not surf randomly on the net,especially not clicking on shortened url's, and should not open unknown e-mail attachments. That should reduce your risk of being e-robbed. |
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2legit2
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January 23, 2016, 11:35:55 PM |
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i would actually choose to use the bitcoin wallet better than the banks, i think that bitcoin wallet is way more safe and your money will not be lost as you are your own bank with bitcoin wallet
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-Tx-Rider
Member
Offline
Activity: 110
Merit: 10
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January 24, 2016, 12:30:33 AM |
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Personally i use both till now, but i prefer to use Bitcoin online, to make trades and deals.
Offline the bitcoin's not yet used like fiat so we are forced to use the banks
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phreaky
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January 24, 2016, 01:12:29 AM |
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Today I will vote for my bank account. it's needed to pay the bills.
But if bitcoin keeps on evolving i am sure bitcoin will be may favourite in a few years.
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MyBTT
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January 24, 2016, 01:34:57 AM |
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Bitcoin wallet as the price is rising and you will earn more money compared to interest if your money was in a bank.
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RealBitcoin
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January 24, 2016, 01:56:40 AM |
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Bitcoin wallet as the price is rising and you will earn more money compared to interest if your money was in a bank.
Bitcoin loans already earn you 5-6% weekly, while bank deposits earn you ~1% yearly. Thats a hard choice to make  |
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RyanX
Full Member
Offline
Activity: 140
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
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January 25, 2016, 08:13:37 AM |
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Bitcoin wallet as the price is rising and you will earn more money compared to interest if your money was in a bank.
Bitcoin loans already earn you 5-6% weekly, while bank deposits earn you ~1% yearly. Thats a hard choice to make There are too many scams in the bitcoin loan business. This is not a safe business at the moment. If you include the loss due to scam, the interest rate might be lower. |
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MyBTT
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January 25, 2016, 08:42:38 AM |
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Neither. I put my money in my closet. Nothing is safer than a safe safe. Banks are crooks, wallets are not safe. Diversify your investments, so you don't face big financial problems. So you keep all your money in your a safe. Gets robbed and loses everything. Just saying. |
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iqlimasyadiqa
Legendary
Offline
Activity: 1596
Merit: 1011
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January 25, 2016, 02:29:21 PM |
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Bitcoin wallet as the price is rising and you will earn more money compared to interest if your money was in a bank.
most of the bonus money from the bank is not large and very small. it is not comparable to what we invest. using bitcoin our funds can also be used to trade with ease. the bank can not make trades. |
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ranochigo
Legendary
Offline
Activity: 2954
Merit: 4165
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January 25, 2016, 02:47:42 PM |
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Bitcoin wallet as the price is rising and you will earn more money compared to interest if your money was in a bank.
Bitcoin loans already earn you 5-6% weekly, while bank deposits earn you ~1% yearly. Thats a hard choice to make Bitcoin is pseudonymous which makes it an easy target for scammers. Bitcoin loans aren't that profitable if you factor in the loss due to defaults. There is little to no security with using Bitcoin lending sites. Most don't care about whether you get scammed or not. With banks, they approve the loans with background checks and pay their customers the promised APR. The only downside I see to this is that the money is essentially frozen till the end of the period. |
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MaritiJames3
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January 25, 2016, 03:15:26 PM |
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I would choose the bank, Bitcoin has to many risks its like gambling if its goes wrong you have nothing anymore if you use your bitcoin wallet as your bank.
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Hellacopter
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January 25, 2016, 03:26:54 PM |
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I would choose the bank, Bitcoin has to many risks its like gambling if its goes wrong you have nothing anymore if you use your bitcoin wallet as your bank.
I think that's wrong information, wallet is better than bank and you can use your wallet funds to make trades and deals online safely without publishing your personal data and infos as used with banks, and without paying extra huge amounts as transactions fees |
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harizen
Legendary
Offline
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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January 25, 2016, 03:32:01 PM |
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I would choose the bank, Bitcoin has to many risks its like gambling if its goes wrong you have nothing anymore if you use your bitcoin wallet as your bank.
I think that's wrong information, wallet is better than bank and you can use your wallet funds to make trades and deals online safely without publishing your personal data and infos as used with banks, and without paying extra huge amounts as transactions fees You can't say wallet is better than bank and bank is better than wallet. Both has pros and cons. You are just looking on one side. Try to look for other sides to make things become clearer to you. |
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Newcoins2020
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January 25, 2016, 03:48:09 PM |
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i would choose to use bitcoin wallet and have all my money as bitcoins though bitcoin price is really fluctuating so it would be a little bit risky i guess
But you can not always spend your money. If you have money in the bank you can spend almost anywhere |
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praprata
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January 25, 2016, 03:56:46 PM |
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I would choose bitcoin, its a risk but its worth the risk it has a high value and there is a big chance that the bitcoin will be more worth soon so you get more money. The interest at a bank nowadays is low.
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nejibens
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January 25, 2016, 04:11:02 PM |
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Personally i use both, bank and wallet.
Till now there is a lot of needed marketplaces not using Bitcoin as payment processor, that's why we have to use the bank accounts sometimes
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