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Author Topic: Bank or Bitcoin Wallet?  (Read 230401 times)
ranlo
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February 27, 2016, 06:37:35 AM
 #921

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

This is true. Those that spent $1200 per Bitcoin are extremely happy about their massive return over the past 2 years.

https://nanogames.io/i-bctalk-n/
Message for info on how to get kickbacks on sites like Nano (above) and CryptoPlay!
elyas772
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February 27, 2016, 07:34:53 AM
 #922

bank is good for safe my money and bitcoin for invest my money Smiley
i know bitcoin price rise and rise again everyday, but for me i prefered to safe my money at local currency (fiat) than safe it bitcoin.

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xIIImaL
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February 27, 2016, 07:37:22 AM
 #923

bank is good for safe my money and bitcoin for invest my money Smiley
i know bitcoin price rise and rise again everyday, but for me i prefered to safe my money at local currency (fiat) than safe it bitcoin.

I don't know bro, But I have Blockchain online wallet, Its very good for me
Windpower
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February 27, 2016, 07:44:56 AM
 #924

bank is good for safe my money and bitcoin for invest my money Smiley
i know bitcoin price rise and rise again everyday, but for me i prefered to safe my money at local currency (fiat) than safe it bitcoin.

I don't know bro, But I have Blockchain online wallet, Its very good for me
A bank is much safer than an online wallet. I would definitely choose a Bitcoin hardware wallet over a bank though.
pneumatic5
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February 27, 2016, 09:31:25 AM
 #925

I think bank is much safer then bitcoin wallet, as the money is safe and no one can steal your money, and if it does then bank will help you in recovering in your money.

fruitcommander
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February 27, 2016, 11:00:02 AM
 #926

I think bank is much safer then bitcoin wallet, as the money is safe and no one can steal your money, and if it does then bank will help you in recovering in your money.

Yeah banks are the most trusted organization by the people and they would continue to use banking system, and they will never have that level of trust on bitcoins.
CryingMidget
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February 27, 2016, 11:08:48 AM
 #927

I think bank is much safer then bitcoin wallet, as the money is safe and no one can steal your money, and if it does then bank will help you in recovering in your money.

If again crises comes like crises 2008. We all should forget our bank savings and can sit in a couch simply.
Better save your bitcoins in paper wallet or coldstorage make it safer as much you can.
nejibens
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February 27, 2016, 02:18:54 PM
 #928

I think we need both nowadays, bank for some deals online and offline that couldn't be made with bitcoin
and wallet for speed and low fee transactions
Hellacopter
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February 27, 2016, 02:34:16 PM
 #929

We already need both nowadays : banks and Bitcoin's wallets , because as bitcoin's fans we prefer to use Bitcoin as payment method online to support it, but in the other hand that's not available always so we need also banks
knowhow
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February 27, 2016, 04:04:21 PM
 #930

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

You dont need bank for nothing,you need a work,sure you must pay fees to government and they use bank,but well lets say with cash in hands you can pay anywhere.You can send money at same country to other person when the person has the same bank as yours,try to send to another bank into the same country,bitcoin as a fee that is pennies being a small or high transaction soo always bitcoin would win.
BlueStackz
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February 27, 2016, 06:40:26 PM
 #931

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!
Yes, bitcoin is being more popular and getting stronger every day and more people start using bitcoin every day. But it doesn't mean fiat money or banks not important now. I think we need both of them. bitcoin wallet is good for online storing, and banks are for offline saving.
MyBTT
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February 28, 2016, 12:30:03 AM
 #932

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!
Yes, bitcoin is being more popular and getting stronger every day and more people start using bitcoin every day. But it doesn't mean fiat money or banks not important now. I think we need both of them. bitcoin wallet is good for online storing, and banks are for offline saving.
There needs to be a lot more shops that accept Bitcoin around the world if Bitcoin even wants to stand a chance against fiat.


 
 
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crossabdd
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February 28, 2016, 12:35:47 AM
 #933

I think we need both nowadays, bank for some deals online and offline that couldn't be made with bitcoin
and wallet for speed and low fee transactions

Im use both of them too, for bussines people still need bank although he is have biggest bitcoin changer, If no people never need bank, each changer never give option to withdraw his bitcoin with wire bank Roll Eyes
DodoB
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February 28, 2016, 12:39:42 AM
 #934

Banks are a lot more safer than bitcoin wallets,since your account cannot be stolen unless it is online,so i choose banks.
crossabdd
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February 28, 2016, 01:06:27 AM
 #935

Banks are a lot more safer than bitcoin wallets,since your account cannot be stolen unless it is online,so i choose banks.

banks not safe as you think, some bank not have guarantee your money is avaible in safe-deposit box, if you safe your money at banks, your money will be loaned to other people...
Roll Eyes
coinplus
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February 28, 2016, 07:43:05 AM
 #936

Price rise of Bitcoin is better than the interest you earn with a bank. So I would definitely choose Bitcoin wallet.
The price of bitcoins is really better these days, but you cant be sure that its stays that way. Interest you earn with bank may be low but you are sure that the amount is consistent and u will always get the same interest from bank.
voztata
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February 28, 2016, 07:47:01 AM
 #937

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
Yes we cant choose only bitcoins and banks play a major role in the transactions. But if the bitcoins are accepted everywhere and people have options between banks and bitcoins, they will defiantly  choose bitcoins and this will lower the role of banks in our society.
dragonusa9
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February 28, 2016, 08:29:33 AM
 #938

Banks are a lot more safer than bitcoin wallets,since your account cannot be stolen unless it is online,so i choose banks.

banks not safe as you think, some bank not have guarantee your money is avaible in safe-deposit box, if you safe your money at banks, your money will be loaned to other people...
Roll Eyes

even the money will be loaned to other people, the balances still the same amount like the last time you saw right?
the money can be different, but the money is still money
blackmachinegun
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February 28, 2016, 11:05:35 AM
 #939


Banks are a lot more safer than bitcoin wallets,since your account cannot be stolen unless it is online,so i choose banks.
yeah agree with you. let alone a bank guarantee if your money is gone, due to the fault of the banks, they will pay you back. and if someone steals money from your bank account, you will be easier to examine and monitor who is stealing money
Hashminers
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February 28, 2016, 11:42:04 AM
 #940

Fore sure i go with my bank account. Most my bills have to be paid by bank anyway.
And yes I feel my money is more secure with a bank then with my wallet.
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