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Author Topic: Bank or Bitcoin Wallet?  (Read 230431 times)
knowhow
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February 25, 2016, 07:29:28 PM
 #901

If  banks were offering a 10%monthly   and charging 15 to20% i guess it would be fair but well not all people pays their loans thats why we  pay a high fee and get a small return on savings.But with bitcoin every day there is the opportunity to make your portfolio grow in number and in value,trading  investing.
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February 25, 2016, 10:56:04 PM
 #902

I believe banks are always better option as compared to bitcoins, as your money is safe in banks and even if there is any cheating with your money, banks will stand by with you to recover your money.

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February 25, 2016, 11:09:22 PM
 #903

I would choose for the bitcoin wallet is way better secured than a bank and you can control it by yourself, no one is looking into only you are.
I think the bitcoin wallet is also a lot faster and a lot easier if you ask me, also the bitcoin will go to a high amount so you will get profit if you hold them in your wallet, and more profit than on a bank by interest.

I am with you man. I also like bitcoin wallet more then banks, because of their safety and security
are you mean bank not safety and security ?
I think they are guaranteed by government agencies. and you will get a lot of security than the bitcoin

realworld
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February 25, 2016, 11:24:27 PM
 #904

My choose is bank it is legal for now
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February 25, 2016, 11:24:39 PM
 #905

I would choose for the bitcoin wallet is way better secured than a bank and you can control it by yourself, no one is looking into only you are.
I think the bitcoin wallet is also a lot faster and a lot easier if you ask me, also the bitcoin will go to a high amount so you will get profit if you hold them in your wallet, and more profit than on a bank by interest.

I am with you man. I also like bitcoin wallet more then banks, because of their safety and security
are you mean bank not safety and security ?
I think they are guaranteed by government agencies. and you will get a lot of security than the bitcoin

Yes banks are very safe and the common people would surely choose banks over the bitcoins as they are not aware about bitcoins and they would surely hesitate using bitcoins at initial stage.
iamthesky
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February 26, 2016, 12:59:23 AM
 #906

I would choose for the bitcoin wallet is way better secured than a bank and you can control it by yourself, no one is looking into only you are.
I think the bitcoin wallet is also a lot faster and a lot easier if you ask me, also the bitcoin will go to a high amount so you will get profit if you hold them in your wallet, and more profit than on a bank by interest.

I am with you man. I also like bitcoin wallet more then banks, because of their safety and security
are you mean bank not safety and security ?
I think they are guaranteed by government agencies. and you will get a lot of security than the bitcoin

Yes banks are very safe and the common people would surely choose banks over the bitcoins as they are not aware about bitcoins and they would surely hesitate using bitcoins at initial stage.

yes the older generation would prefer to go with bank, as bank is paying them interest on their funds, and that clause is absent when it comes to bitcoins, so bank would never disappear even if bitcoin gets on mainstream.
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February 26, 2016, 01:33:46 AM
 #907

I would choose for the bitcoin wallet is way better secured than a bank and you can control it by yourself, no one is looking into only you are.
I think the bitcoin wallet is also a lot faster and a lot easier if you ask me, also the bitcoin will go to a high amount so you will get profit if you hold them in your wallet, and more profit than on a bank by interest.

I am with you man. I also like bitcoin wallet more then banks, because of their safety and security
are you mean bank not safety and security ?
I think they are guaranteed by government agencies. and you will get a lot of security than the bitcoin

Yes banks are very safe and the common people would surely choose banks over the bitcoins as they are not aware about bitcoins and they would surely hesitate using bitcoins at initial stage.

yes the older generation would prefer to go with bank, as bank is paying them interest on their funds, and that clause is absent when it comes to bitcoins, so bank would never disappear even if bitcoin gets on mainstream.

Not only older generation even the younger generation would prefer to go with traditional banking system, as the younger generation is more smarter they would love to take the advantages from both.
Nemesis099
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February 26, 2016, 02:45:43 AM
 #908

I believe both are important in their own ways, as bank pays us interest where bitcoins doesn't pay us interest, we need to continue make efforts to multiply our bitcoins so that in future we can earn higher returns.
n0ne
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February 26, 2016, 06:40:55 AM
 #909

I think the use of the bank is very difficult for people who like the quick thing like me, in contrast with bitcoin wallet, which the user can be anywhere with the transaction fairly quickly, but the bank is still better compared with bitcoin wallet.
Who say bank is slow ? There is Internet banking which makes your transaction done in a couple clicks and it's clearly fast.
Bank also could execute transaction anywhere.
The thing make contrast between bank and bitcoin wallet is bank need a confirmation and bitcoi  wallet not.

Well said banks are much advanced than the early days of banking. In terms of security, transaction, notification, online schemes and so on.
Above mate has quoted about confirmation, I suggest one more thing bank strictly requires identity which is not required in bitcoin.

martinacar
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February 26, 2016, 08:22:53 AM
 #910

I would choose for the bitcoin wallet is way better secured than a bank and you can control it by yourself, no one is looking into only you are.
I think the bitcoin wallet is also a lot faster and a lot easier if you ask me, also the bitcoin will go to a high amount so you will get profit if you hold them in your wallet, and more profit than on a bank by interest.

I am with you man. I also like bitcoin wallet more then banks, because of their safety and security
are you mean bank not safety and security ?
I think they are guaranteed by government agencies. and you will get a lot of security than the bitcoin

Yes banks are very safe and the common people would surely choose banks over the bitcoins as they are not aware about bitcoins and they would surely hesitate using bitcoins at initial stage.

yes the older generation would prefer to go with bank, as bank is paying them interest on their funds, and that clause is absent when it comes to bitcoins, so bank would never disappear even if bitcoin gets on mainstream.

Not only older generation even the younger generation would prefer to go with traditional banking system, as the younger generation is more smarter they would love to take the advantages from both.
We use them both. But some people dont even know what Bitcoin is. And that is a huge profit. I hope later more people will know what Bitcoin is.
And that will be also better for the future. And the Bitcoin wallets are also very safe and good to use.
Pollak
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February 26, 2016, 09:28:35 AM
 #911

I would go for a bitcoin wallet all the way. It is way more convenient. I think that people will chose it too since the wallet is better.
Also sending money from there is much cheaper.

secone
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February 26, 2016, 09:32:12 AM
 #912

I would go for a bitcoin wallet all the way. It is way more convenient. I think that people will chose it too since the wallet is better.
Also sending money from there is much cheaper.

in my country if you send your money with other member of same bank the fee is 0 (zero)
the transaction faster than bitcoin Roll Eyes

i think you need bank account for daily activity
gkv9
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February 26, 2016, 09:56:09 AM
 #913

I would go for a bitcoin wallet all the way. It is way more convenient. I think that people will chose it too since the wallet is better.
Also sending money from there is much cheaper.

in my country if you send your money with other member of same bank the fee is 0 (zero)
the transaction faster than bitcoin Roll Eyes

i think you need bank account for daily activity

In many countries, sending money to same bank in the same country is free of cost, so what's new???
But with BTC wallet, you can send BTC for the least fee based on the bytes of the transaction and not that $100 - $1000 fee that you need to spend while transferring money through Bank Wire in different countries...

BitcoinHodler
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February 26, 2016, 10:04:41 AM
 #914

i am still using banks for fiat because who are we kidding we are still in need of fiat but i also prefer bitcoin for purchases since it is fast and secure and not to mention anonymous!

Holding Bitcoin More Every Day
Zaun
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February 26, 2016, 10:12:20 AM
 #915

I choose for the bitcoin wallet because a bitcoin wallet is much better than a bank account if you ask me.
Due to the point that a bitcoin wallet is self controlled and a bank account they always got a eye on your bank account, also the security is worse at some banks I think this is one of the things why you should not use a bank.
secone
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February 27, 2016, 03:35:55 AM
 #916

I would go for a bitcoin wallet all the way. It is way more convenient. I think that people will chose it too since the wallet is better.
Also sending money from there is much cheaper.

in my country if you send your money with other member of same bank the fee is 0 (zero)
the transaction faster than bitcoin Roll Eyes

i think you need bank account for daily activity

In many countries, sending money to same bank in the same country is free of cost, so what's new???
But with BTC wallet, you can send BTC for the least fee based on the bytes of the transaction and not that $100 - $1000 fee that you need to spend while transferring money through Bank Wire in different countries...

in this case bitcoin is winner, but we can't life without bank, we use bank as financial country, the economic growth of a country can be determined by the number of bank earnings, and the level of public confidence in the bank
justspare
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February 27, 2016, 03:44:26 AM
 #917

Price rise of Bitcoin is better than the interest you earn with a bank. So I would definitely choose Bitcoin wallet.
secone
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February 27, 2016, 04:03:37 AM
 #918

Price rise of Bitcoin is better than the interest you earn with a bank. So I would definitely choose Bitcoin wallet.

you cn't choose only bitcoin, you need bank for your local transaction and use local currency, no people can guarantee bitcoin will be long life
Rizky Aditya
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February 27, 2016, 04:28:26 AM
 #919

Price rise of Bitcoin is better than the interest you earn with a bank. So I would definitely choose Bitcoin wallet.

you cn't choose only bitcoin, you need bank for your local transaction and use local currency, no people can guarantee bitcoin will be long life
Of course you can't just choose Bitcoin wallet. I think that he is saying he would prefer a Bitcoin wallet compared to a bank. I would to.
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February 27, 2016, 06:32:39 AM
 #920

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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