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Author Topic: Bank or Bitcoin Wallet?  (Read 230401 times)
blackmachinegun
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March 23, 2016, 12:19:55 AM
 #1241

Still wallet. I dont want those banks seeing what I have and using it for their own profit. I would rather use it for myself and control how I will make a profit. That way also I wont regret anything and I wont be telling anyone that it is their fault.
means you have to be ready with the possible risk that you will encounter. if you want to be a bank for your own. you have to be responsible for yourself, are you ready for it all?
I myself prefer the bank. they are responsible for and guarantees all their mistakes
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Straux
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March 23, 2016, 01:00:24 AM
 #1242

Still wallet. I dont want those banks seeing what I have and using it for their own profit. I would rather use it for myself and control how I will make a profit. That way also I wont regret anything and I wont be telling anyone that it is their fault.
means you have to be ready with the possible risk that you will encounter. if you want to be a bank for your own. you have to be responsible for yourself, are you ready for it all?
I myself prefer the bank. they are responsible for and guarantees all their mistakes


Banks do take profit, but they also have a certain store of money saved to pay most people back. They are also covered by law, and what was the last time you have heard a bank has gone rogue in a 1st world country?
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March 23, 2016, 01:19:38 AM
 #1243

bank guarantee your money is safe and guaranteed by government regulations. bitcoin while there is no guarantee however that bitcoin gives you the advantage, that the advantages in investing.
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March 23, 2016, 01:28:40 AM
 #1244

For bitcoin storage, I  hold them in wallets. But that is just a personal preference.

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Scream
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March 23, 2016, 01:54:10 AM
 #1245

bank guarantee your money is safe and guaranteed by government regulations. bitcoin while there is no guarantee however that bitcoin gives you the advantage, that the advantages in investing.

if you safe your money at bank, your money will be use to lend people and take interest from it, then bank give you only some little interest. if you save your money at bitcoin, you can full control your money , also you can take interest with increasing price.
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March 23, 2016, 02:06:51 AM
 #1246

I'm going for the bitcoin wallet it maybe does not has any profit by interests but the fact is that the bitcoin is profitable by holding.
The fact that the bitcoin also faster/more secure and self controllable makes the decision easy for me.
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March 23, 2016, 02:57:18 AM
 #1247

I'm going for the bitcoin wallet it maybe does not has any profit by interests but the fact is that the bitcoin is profitable by holding.
The fact that the bitcoin also faster/more secure and self controllable makes the decision easy for me.

bank guarantee if your money is gone, due to the fault of the banks, they will pay back. and if someone steals money from your bank acc, will be easier to examine and monitor who is stealing money
Goms
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March 23, 2016, 04:39:40 AM
 #1248

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.

Bitcoin wallets are good for holding bitcoins and cashing out immediately its value rises. So in a way you can make a little extra, but banks are needed for stable transactions like paying bills for instance. Most companies do not accept Hutchins as a means of payment.
jula551
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March 23, 2016, 06:13:58 AM
 #1249

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.

Bitcoin wallets are good for holding bitcoins and cashing out immediately its value rises. So in a way you can make a little extra, but banks are needed for stable transactions like paying bills for instance. Most companies do not accept Hutchins as a means of payment.

Somehow everyone has a bank account, it is possible to make a uneducated person understand banking facilities easily. It is much difficult to make the same believe and accept bitcoin. So there arise a conflict.
Altynbekova
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March 23, 2016, 08:15:11 AM
 #1250

Bitcoin wallet of course. And that is very good for those people who have Bitcoin. Bitcoin wallets will be the future later and that will be great. Because the world is getting more digital.
I hope later that there will be more people that have some Bitcoin and that they are also going to make it popular.
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March 23, 2016, 08:39:44 AM
 #1251

Somehow everyone has a bank account, it is possible to make a uneducated person understand banking facilities easily. It is much difficult to make the same believe and accept bitcoin. So there arise a conflict.

Yeah the most of people was usually use banks rather than use bitcoin even still many people who didn't know about bitcoin. So I think this is one of the reasons still choose banks than bitcoin wallet

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March 23, 2016, 08:46:11 AM
 #1252

People have difference of opinion on bank and bitcoin wallet. The people who were not much aware of bitcoin feel bank to be better than bitcoin because even a person not aware of technology can have a bank account but bitcoin wallet needs some basics of technology.
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March 23, 2016, 09:13:42 AM
 #1253

I would go for the bitcoin wallets due to the points its easier to use and also better secured if you compare it with a bank.
Another fact is that its also faster ( a bitcoin wallet) and you can control your money, no one else is looking behind you.

Yes but currently Banks are dominating because Bitcoins are not physically available and only in digital form. What can be done is to use Banks and Bitcoin Wallets side by side to gain maximize profit out of it.









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simonloff
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March 23, 2016, 02:06:00 PM
 #1254

Well, bank is extremely different from bitcoins and bitcoins has some other advantages. That's why I love using bitcoins since you are your own bank, I don't see a need to insert a medium authority and it would change the very concept of bitcoins IMO.
uname
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March 23, 2016, 02:27:16 PM
 #1255

Well, bank is extremely different from bitcoins and bitcoins has some other advantages. That's why I love using bitcoins since you are your own bank, I don't see a need to insert a medium authority and it would change the very concept of bitcoins IMO.
agree bank and bitcoin is different. both have their respective advantages. bitcoin could be currencies and commodities. would be nice if the bank adds bitcoin as a deposit option lol

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March 23, 2016, 02:43:05 PM
 #1256

 I would go for the bitcoin wallet without any doubts because it has so many advantages if you ask me.
Look at the fact its self controllable, you can control your money by yourself, plus its also much faster with global transactions.
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March 23, 2016, 03:00:25 PM
 #1257

now I need both, so I choose a bank and bitcoin wallet. why, because I need the bank to save money my original exchange of bitcoin. bitcoin wallet while I needed to save bitcoin I have  Smiley

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March 23, 2016, 03:06:43 PM
 #1258

I would go for the bitcoin wallet without any doubts because it has so many advantages if you ask me.
Look at the fact its self controllable, you can control your money by yourself, plus its also much faster with global transactions.

You said that because bitcoin wallet is giving many advantages to you. Others as well in bank because it's giving them more advantage.

And about controlling the money, if you really want to control your money store it in a physical place. If your bitcoins are saved in a web wallet then it's not on your control 100%.
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March 23, 2016, 03:12:16 PM
 #1259

I prefer to bitcoin wallet. I can use it anytime and anywhere (24/7). and also a very low fees Smiley

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March 23, 2016, 03:59:34 PM
 #1260

I prefer to bitcoin wallet. I can use it anytime and anywhere (24/7). and also a very low fees Smiley


Fees are not the issue. Both bank and bitcoin wallet has zero fees feature.

Some of the bitcoin web wallet offers zero fees transaction. Same with other banks which I think it's almost impemented long time ago now.
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