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Author Topic: Bank or Bitcoin Wallet?  (Read 230401 times)
socks435
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January 25, 2016, 04:27:49 PM
 #661

well for me its safe if i dont use bank so  i will choose bitcoin wallet because you are anonymous and personal information that can retrieve from hackers.
And if you choose bank there is possibility to  trace you if where you from so your life be risky if you choose it..

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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Herbert2020
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January 25, 2016, 04:42:04 PM
 #662

at present day, i prefer banks to put most of money in. because i know that it will be safe and i get an annual profit each month.
but i like bitcoin as an investment which is making me more money. also i like to see a day that i can use my stored bitcoins to shop, either online or at any place outside.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
traderbit
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January 25, 2016, 07:03:30 PM
 #663

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

I use both of them too, but recently more bitcoins as it's cheaper and sometimes faster, there are some cons but pros are greater.

HarHarHar9965
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January 25, 2016, 07:27:41 PM
 #664

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

Banks are lagging up with my account through interest. So much mark up fees, forex fees and many things. bank is looting work according to me.
personally I would suggest for bitcoin wallet only that too offline is fine one. No big fees and No interest. healthy for savings
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January 25, 2016, 07:51:43 PM
 #665

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


Well if all my money were at bank i would be bored,they wanna control the ammount i hold,i need to request them my own money,to use where i wanna.Bitcoin doesnt has a lot places to be spent but i can moove it ,invest it whenever i wanna.
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January 25, 2016, 07:56:22 PM
 #666

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


Well if all my money were at bank i would be bored,they wanna control the ammount i hold,i need to request them my own money,to use where i wanna.Bitcoin doesnt has a lot places to be spent but i can moove it ,invest it whenever i wanna.
Bank has pros and cons but they hold the money for you, and that's what happening, bank have been popular more than never, they can limit you to withdraw your own money like in Greece last year.

PizzaBTC
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January 25, 2016, 08:08:37 PM
 #667

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

I use both of them too, but recently more bitcoins as it's cheaper and sometimes faster, there are some cons but pros are greater.

But I believe I will go up only with bitcoin wallet as I find no meaning a bank account with no balance as I get all my deals within my bitcoin wallets. Really I say I could not find any cons with using bitcoins for my daily life.
RealBitcoin
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January 25, 2016, 11:25:13 PM
 #668

at present day, i prefer banks to put most of money in. because i know that it will be safe and i get an annual profit each month.
but i like bitcoin as an investment which is making me more money. also i like to see a day that i can use my stored bitcoins to shop, either online or at any place outside.

I`m not sure if the 1% bank interest yearly makes any  sense.

There are bitcoin investments here that earn you at least 5-10% monthly, and are with reasonable risk. I`d go with those instead.

ajun96
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January 25, 2016, 11:52:13 PM
 #669

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
to use  both more better. bitcoin used for online transactions and bank for offline transactions,
it is better Instead of the using one
wadili89
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January 25, 2016, 11:58:03 PM
 #670

at present day, i prefer banks to put most of money in. because i know that it will be safe and i get an annual profit each month.
but i like bitcoin as an investment which is making me more money. also i like to see a day that i can use my stored bitcoins to shop, either online or at any place outside.

the profit banks give you on monthly basis is redicluse specially if you have small money not so less even for 10k you wont get anything reasonable as monthly profit yearly there will be some but not monthly so its better to store in bitcoins and invest bitcoins which will grow faster

Araudan
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January 26, 2016, 12:12:48 AM
 #671

Personally, I like the Bitcoin wallet. I always be suspicious with real bank with my real money, so imagine with my bitcoin...  Grin
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January 26, 2016, 03:46:31 AM
 #672

Personally, I like the Bitcoin wallet. I always be suspicious with real bank with my real money, so imagine with my bitcoin...  Grin

actually it depending on out country..when your country dont really accepted btc it will better using both..i mean in internet which accpeted btc i will use btc bcause fee is low and easy transaction and the bank just for a real life buying or sell things..
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January 26, 2016, 09:27:41 AM
 #673

Personally I like bitcoin wallet because they are easy to use and making a transaction is a piece of cake. But both banks and bitcoin  wallets have their advantages,like if I have alot of money I would like to keep it in bank as I would get intrest on it  Grin
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January 26, 2016, 11:51:08 AM
 #674

Personally, I like the Bitcoin wallet. I always be suspicious with real bank with my real money, so imagine with my bitcoin...  Grin

this is the problem, newbie keep referring to fiat as a real money and bitcoin probably as fake money, you cna even see it this, and that the most genuine part about this post

so it's clear that there are still the majority that willr efuse to accept bitcoin based on this alone
diodio5
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January 26, 2016, 01:07:10 PM
 #675

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

I think the fluctuation is not a small problem, whenever your money can be very small if you convert all your money in bitcoin, remains cautious
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January 26, 2016, 01:25:29 PM
 #676

as far as I am concerned I will use both of them for the time being. I use banks to keep my fiat money safe and in a place that I can use it, because we all know that we are still reliant on fiat.
but I use bitcoin too, but more as an investment that anything else. and hopefully in the future as a substitute.

Only Bitcoin
jt byte
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January 26, 2016, 01:53:49 PM
 #677

I would opt for bitcoins, bitcoins are secure, fast, and there is potential for a lot of profit. Sometimes I do not trust a bank with some tricks.

On the bank you get a little interest and I want a big profit on my savings so I choose bitcoin above banks.
Pattart
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January 26, 2016, 02:29:45 PM
 #678

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
if both are useful, why not?
do not be too hard to use one, if both can be used simultaneously, why not?
right ?
naidray
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January 26, 2016, 02:35:32 PM
 #679

I would opt for bitcoins, bitcoins are secure, fast, and there is potential for a lot of profit. Sometimes I do not trust a bank with some tricks.

On the bank you get a little interest and I want a big profit on my savings so I choose bitcoin above banks.

Yes, when we considering
Security,
good return from investment,
Full ownership of our money,
Fast transactions,
we need to go with bitcoin wallet. All the above features are completely missing in my country's banking system usually.
elizabethqueen
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January 26, 2016, 03:12:02 PM
 #680

what you will chose amomg them.and why do the banks are afraid of bitcoin.why banks are not much smooth and faster like bitcoin.if banks start accepting bitcoin as payments then will it became a revolutionary for us?can bank can solve our mining or money curculation probems.
i ca'n choose among them,its hard to not pick that two,i will always need bank account,even i have fully acces with bitcoin,in small town i need bank account,as long i still use cash money.

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