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Author Topic: Bank or Bitcoin Wallet?  (Read 230401 times)
dollarneed
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February 22, 2016, 05:44:31 AM
 #861

I would choose for the wallets, the wallet is more secured and its also easier in my eyes, plus the bank controls you.
If you use a wallets you are the one that is controlling your money and its all yours no one can touch it, only you.
but remember if you lost your mnemonic for blockchain wallet or forgotten about your password
nothing to do about recovering your wallet, except you're using the xapo(maybe the CS will help you about this)
so for this thing bank is more better for your money
yeah the password is everything , that's why you should choose another wallet rather than using blockchain etc, there so many offline wallet out there, you must remember that you have to be carefull with your private key just keep it safe, in this case i preferr using trezor or maybe paper wallet it's prety safe than using online wallet, imho btw
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mainpmf
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February 22, 2016, 11:47:33 AM
 #862

Wallet for me. Look at all the shit some customers have had from places like Coinbase. Sure, Coinbase doesn't wanna do it but they have to. You never know when laws or terms are gonna change. We got the option to reject it. I'm gonna use that option.

Of course! Wallet is the best!
And at least if you have a wallet you actually own your money, not in banks!

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harizen
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February 22, 2016, 01:19:39 PM
 #863

Wallet for me. Look at all the shit some customers have had from places like Coinbase. Sure, Coinbase doesn't wanna do it but they have to. You never know when laws or terms are gonna change. We got the option to reject it. I'm gonna use that option.

Of course! Wallet is the best!
And at least if you have a wallet you actually own your money, not in banks!

What kind of wallet? If you use online or web based wallet still you don't own your coins. So it's contrary to your post.

Please keep that in mind.

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blackmachinegun
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February 22, 2016, 01:27:21 PM
 #864

Wallet for me. Look at all the shit some customers have had from places like Coinbase. Sure, Coinbase doesn't wanna do it but they have to. You never know when laws or terms are gonna change. We got the option to reject it. I'm gonna use that option.

Of course! Wallet is the best!
And at least if you have a wallet you actually own your money, not in banks!
we can set our own money. without any control of anyone, your money will not be frozen if there is something illegal activity in your wallet. and your money will not be reduced by the tax.
knowhow
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February 22, 2016, 02:26:27 PM
 #865

Bitcoin wallet means freedom to we do what we wanna with our money without restrictions,for other side banks present several years and taking their fee all months and making a fortune with your money,the system is very unfair,they give you 1%andcharge 33% on that same ammount.
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February 22, 2016, 04:29:22 PM
 #866

Well I'll chose both. Tongue since we just can't say our money is safe on either those two but still the safer is the bank .and I'll leave this Quote "Don't put all of your Eggs in One Basket"

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tn211
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February 23, 2016, 08:39:43 AM
 #867

I would choose for the wallets, the wallet is more secured and its also easier in my eyes, plus the bank controls you.
If you use a wallets you are the one that is controlling your money and its all yours no one can touch it, only you.
but remember if you lost your mnemonic for blockchain wallet or forgotten about your password
nothing to do about recovering your wallet, except you're using the xapo(maybe the CS will help you about this)
so for this thing bank is more better for your money
yeah the password is everything , that's why you should choose another wallet rather than using blockchain etc, there so many offline wallet out there, you must remember that you have to be carefull with your private key just keep it safe, in this case i preferr using trezor or maybe paper wallet it's prety safe than using online wallet, imho btw
People like Bitcoin Wallets more I think. But the most people use normal banks to, especially the older generation. They dont even know what Bitcoin is.
So that will be difficult for them to use Bitcoin Wallet.

I hope more people will use Bitcoin Wallets.
Ryananda
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February 23, 2016, 03:07:02 PM
 #868

Bitcoin wallet means freedom to we do what we wanna with our money without restrictions,for other side banks present several years and taking their fee all months and making a fortune with your money,the system is very unfair,they give you 1%andcharge 33% on that same ammount.
Yes absolutely right to freedom of having money bitcoin wallet gives the full right, compared to the bank we will get a discounted cost value is too large sometimes. It may be true that you say and it will be an excess bitcoin than banks.
Zaun
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February 23, 2016, 04:02:55 PM
 #869

They are both good to use. But I like the online wallets more. I hope later that more people will use the online wallets, it is easy to use and that is quite good.
Older people need normal banks, because they dont even know what Bitcoin is and that is why they use normal banks.
phreaky
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February 23, 2016, 04:25:40 PM
 #870

I would choose for the wallet because its safer and its also a lot faster than any bank that is available, plus the wallet is also more secured and you are controlling your own money there is no bank needed.
Although a bank can be also good because you will get interest but you have to keep in mind that with the bitcoin you can make a lot of money with profits.
MrGodMan
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February 23, 2016, 06:22:30 PM
 #871

They are both good to use. But I like the online wallets more. I hope later that more people will use the online wallets, it is easy to use and that is quite good.
Older people need normal banks, because they dont even know what Bitcoin is and that is why they use normal banks.
Banks and bitcoin wallet has their own uses. if we do use bitcoins then bitcoin wallet like block chain is very useful.

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February 23, 2016, 07:08:15 PM
 #872

I would choose for the wallets, the wallet is more secured and its also easier in my eyes, plus the bank controls you.
If you use a wallets you are the one that is controlling your money and its all yours no one can touch it, only you.
but remember if you lost your mnemonic for blockchain wallet or forgotten about your password
nothing to do about recovering your wallet, except you're using the xapo(maybe the CS will help you about this)
so for this thing bank is more better for your money
yeah the password is everything , that's why you should choose another wallet rather than using blockchain etc, there so many offline wallet out there, you must remember that you have to be carefull with your private key just keep it safe, in this case i preferr using trezor or maybe paper wallet it's prety safe than using online wallet, imho btw
People like Bitcoin Wallets more I think. But the most people use normal banks to, especially the older generation. They dont even know what Bitcoin is.
So that will be difficult for them to use Bitcoin Wallet.

I hope more people will use Bitcoin Wallets.

It's not just limited to knowledge of BTC wallets, but the security too that it provides and the decentralization thing which is the best part which is why mostly everyone prefers BTC over Banks as banks might shut down someday but even if you lose your BTC anywhere, the reason will be definitely you and nobody to blame (unless in case of hacks or something like that, most likely not possible until you have secured everything)...

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February 23, 2016, 09:05:55 PM
 #873

They are both good to use. But I like the online wallets more. I hope later that more people will use the online wallets, it is easy to use and that is quite good.
Older people need normal banks, because they dont even know what Bitcoin is and that is why they use normal banks.

Yeah, older generation would always prefer to go with traditional banking system as they have more faith in it and they are used to it, as they are using it since a longer period of time.
barbara44
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February 24, 2016, 05:52:20 AM
 #874

If some one know about bitcoin, and using it like daily basis, then he will like bitcoin more than  banks, like me. I always use bitcoin for many transferring, paying and purchasing.
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February 24, 2016, 05:55:34 AM
 #875

If some one know about bitcoin, and using it like daily basis, then he will like bitcoin more than  banks, like me. I always use bitcoin for many transferring, paying and purchasing.
The chances of getting closer to bitcoin, when we are more linked to it. When we use bitcoin in more different ways, we will get emotionally binded to it. I believe bitcoin will replace bank system when bitcoin itself has all the features of bank, I believe we just need to unveil it by innovating new ways.
CasioK
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February 24, 2016, 07:09:31 AM
 #876

If some one know about bitcoin, and using it like daily basis, then he will like bitcoin more than  banks, like me. I always use bitcoin for many transferring, paying and purchasing.
The chances of getting closer to bitcoin, when we are more linked to it. When we use bitcoin in more different ways, we will get emotionally binded to it. I believe bitcoin will replace bank system when bitcoin itself has all the features of bank, I believe we just need to unveil it by innovating new ways.
You are right, when bitcoin is more than enough to fulfill all the financial requirements then we need not to go for bank system. We just need to find out new methods on how bitcoin will become as a complete bank. Then people will obviously choose bitcoin over bank.

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Scream
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February 24, 2016, 07:22:34 AM
 #877

If some one know about bitcoin, and using it like daily basis, then he will like bitcoin more than  banks, like me. I always use bitcoin for many transferring, paying and purchasing.
each people will never know the true answer, before he try it Roll Eyes and this also applies in bitcoin, like you say if someone use bitcoin and know how bitcoin work , im sure he will use bitcoin as main wallet and main processor payment
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February 24, 2016, 11:35:14 AM
 #878

It's better to have both of them, don't keep your all money in a single wallet, put some fiat into bank and put some in the form of bitcoins in your digital wallet.
Imoote
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February 24, 2016, 03:03:31 PM
 #879

It's better to have both of them, don't keep your all money in a single wallet, put some fiat into bank and put some in the form of bitcoins in your digital wallet.
I think the average person using bitcoin definitely use banks to store their money through atm. And I think it definitely, and I think bitcoin wallet just to save money while not for the long term.
Ryananda
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February 25, 2016, 05:46:14 AM
 #880

It's better to have both of them, don't keep your all money in a single wallet, put some fiat into bank and put some in the form of bitcoins in your digital wallet.
I think the average person using bitcoin definitely use banks to store their money through atm. And I think it definitely, and I think bitcoin wallet just to save money while not for the long term.
Very true as you say bitcoin wallet just to save money while because I fear we will lose bitcoin if stored too long.
If you want to directly buy the better bitcoin should immediately use it.
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