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Author Topic: Bank or Bitcoin Wallet?  (Read 230488 times)
avikz
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July 11, 2016, 02:24:41 PM
 #1941

Bank can't solve our mining and other crypto currency related problem in any way. Only thing a bank can do is to facilitate payment and help in exchange service.

But I think it is better not to involve bank in to bitcoin because, then your earning will have to be declared mandatory to the regulatory authority and you will have to pay taxes on it. 

Sponsoredby15
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July 11, 2016, 02:45:14 PM
 #1942

I don't think that people hate bank they are just insecure related to bitcoins because some of people don't know what bitcoin is what is the purpose of bitcoin what is bitcoin for , but for me i would have to pick bitcoin wallet. With my bitcoin wallet I'm depending on myself and myself only to keep it safe because if you have a bitcoin wallet you will stay anonymous and i love using it  Embarrassed
Siyas
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July 11, 2016, 02:54:43 PM
 #1943

I don't think that people hate bank they are just insecure related to bitcoins because some of people don't know what bitcoin is what is the purpose of bitcoin what is bitcoin for , but for me i would have to pick bitcoin wallet. With my bitcoin wallet I'm depending on myself and myself only to keep it safe because if you have a bitcoin wallet you will stay anonymous and i love using it  Embarrassed
For me both are equal. I love to earn and save the btc in wallet until it gets piled up with more btc. The price is increasing every day. Will exchange the btc to my currency and save the money in my bank account. For both are required to have.
Red-Apple
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July 11, 2016, 03:06:52 PM
 #1944

each of them have different purposes. both bank and bitcoin wallets are good for different things. you keep your money at a bank to keep it safe and also have some profit on it but bitcoin is created to help us don't need banks anymore. so you can do everything on your own from keeping it to sending bitcoin.

--signature space for rent; sent PM--
iv4n
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July 11, 2016, 09:13:18 PM
 #1945

What you think, can we expect bitcoin bank to appear in some near future? I saw a lot of talking around forum, and some different opinions, but nobody knows nothing for sure. Can they secure that coins, like big banks secure money?

Well I have bank account and bitcoin wallet, I feel safe with both of them. But in the case that one day I can pay things with btc, I will gladly cancel my bank card and put everything in bitcoin bank. For me is much better to support btc then any other fiat. My silent fight against the system.

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GreenBits
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July 11, 2016, 09:32:19 PM
 #1946

What you think, can we expect bitcoin bank to appear in some near future? I saw a lot of talking around forum, and some different opinions, but nobody knows nothing for sure. Can they secure that coins, like big banks secure money?

Well I have bank account and bitcoin wallet, I feel safe with both of them. But in the case that one day I can pay things with btc, I will gladly cancel my bank card and put everything in bitcoin bank. For me is much better to support btc then any other fiat. My silent fight against the system.

Already here Smiley I'm waiting for this to work, so that other banks see the light and adopt this
http://www.americanbanker.com/news/bank-technology/bitcoin-inches-closer-to-mainstream-with-usaa-partnership-1077686-1.html
diodio5
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July 11, 2016, 11:15:52 PM
 #1947

I don't think that people hate bank they are just insecure related to bitcoins because some of people don't know what bitcoin is what is the purpose of bitcoin what is bitcoin for , but for me i would have to pick bitcoin wallet. With my bitcoin wallet I'm depending on myself and myself only to keep it safe because if you have a bitcoin wallet you will stay anonymous and i love using it  Embarrassed
I would ask you if you prefer a bitcoin wallet than banks is it you can always use bitooin for every need? I mean you can buy daily necessities with bitcoin? of course you can not rely on any bitcoin. Of course you need money and fiat. if you need fiat then you need a bank
HaXX0R1337
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July 11, 2016, 11:24:25 PM
 #1948

I still haven't decided yet,because im pretty much a new gamer in the "bitcoin game" world haha Cheesy
But i think that still,holding money in bank account is a lot more safe than holding money/bitcoins on some wallet,even if it is an offline wallet.
Correct me if im not right guys Smiley Anyway bank guarantees that you are not going to lose your money in th

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Posum578
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July 11, 2016, 11:59:01 PM
 #1949

For now i still use bank, because stores in my country dont accept bitcoin and i think they are not know about it. so i still need my fiat to buy something offline
But when buying or selling stuff online i will always use bitcoin
sirohige
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July 12, 2016, 12:01:44 AM
 #1950

I still haven't decided yet,because im pretty much a new gamer in the "bitcoin game" world haha Cheesy
But i think that still,holding money in bank account is a lot more safe than holding money/bitcoins on some wallet,even if it is an offline wallet.
Correct me if im not right guys Smiley Anyway bank guarantees that you are not going to lose your money in th

sometimes you are right, sometimes you are wrong.
some month ago i lost my bitcoin, my email account get hacked, but my money in internet banking still safe because the hacker not come from my country and im sure he not interesting to rob my local money, also bank have 2nd sms verification for each transaction.

but
last night my friend come and tell me about his "credit card" account get robbed.. and he not use any bitcoin service.

i think both of them is safe if we can protect our account.
JeffBrad12
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July 12, 2016, 12:05:52 AM
 #1951

For now i still use bank, because stores in my country dont accept bitcoin and i think they are not know about it. so i still need my fiat to buy something offline
But when buying or selling stuff online i will always use bitcoin
same with me, I using the bank to until now and especially for CC. because too rarely to find store can accept bitcoin in my country. however, maybe I can find a store accepted bitcoin in my country's neighbour but to delivery in my country will need a lot of amount for tax.

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Doamader
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July 12, 2016, 01:12:42 AM
 #1952

I still haven't decided yet,because im pretty much a new gamer in the "bitcoin game" world haha Cheesy
But i think that still,holding money in bank account is a lot more safe than holding money/bitcoins on some wallet,even if it is an offline wallet.
Correct me if im not right guys Smiley Anyway bank guarantees that you are not going to lose your money in th

sometimes you are right, sometimes you are wrong.
some month ago i lost my bitcoin, my email account get hacked, but my money in internet banking still safe because the hacker not come from my country and im sure he not interesting to rob my local money, also bank have 2nd sms verification for each transaction.

but
last night my friend come and tell me about his "credit card" account get robbed.. and he not use any bitcoin service.

i think both of them is safe if we can protect our account.
Bitcoin has a better security then any banks accounts, i know a person who stealed 0,01 dollar at each account, with it he were able to make something like 100 dollars a day just doing that. With bitcoin is hard to find the wallet adress and both passwords besides the 2fa security and email connected to it, soo you have plenty control at bitcoin. I use both service as my salary goes to the bank, and bitcoin to my wallet.
ASHLIUSZ
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July 12, 2016, 03:38:41 AM
 #1953

For now i still use bank, because stores in my country dont accept bitcoin and i think they are not know about it. so i still need my fiat to buy something offline
But when buying or selling stuff online i will always use bitcoin
If you can’t find physical stores that accept bitcoin directly, Plenty of gift card businesses accept bitcoins and these cards can be used at a surprising number of major retailers like Walmart, Amazon, Target and Nike.
Yutikas_11920
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July 12, 2016, 03:46:26 AM
 #1954

For now i still use bank, because stores in my country dont accept bitcoin and i think they are not know about it. so i still need my fiat to buy something offline
But when buying or selling stuff online i will always use bitcoin

True, as indeed all the people still don't understand about the scheme and the system in the bitcoin, so still very little offline store or not at all using bitcoin to perform any transactions made in his shop. However this will change along with the increasingly good bitcoin grew
Ryananda
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July 12, 2016, 05:20:17 AM
 #1955

For now i still use bank, because stores in my country dont accept bitcoin and i think they are not know about it. so i still need my fiat to buy something offline
But when buying or selling stuff online i will always use bitcoin

True, as indeed all the people still don't understand about the scheme and the system in the bitcoin, so still very little offline store or not at all using bitcoin to perform any transactions made in his shop. However this will change along with the increasingly good bitcoin grew

Yes I'm sure bitcoin can grow well, but the bank will not remain silent. The Bank will continue to evolve continuously to changing times. So the bank will not be lost and will continue to update the system. Banks are still much needed by the community. Bitcoin and banks have a role in my opinion and I personally need both.

wuvdoll
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July 12, 2016, 05:33:43 AM
 #1956

For now i still use bank, because stores in my country dont accept bitcoin and i think they are not know about it. so i still need my fiat to buy something offline
But when buying or selling stuff online i will always use bitcoin
same with me, I using the bank to until now and especially for CC. because too rarely to find store can accept bitcoin in my country. however, maybe I can find a store accepted bitcoin in my country's neighbour but to delivery in my country will need a lot of amount for tax.
I am not really purchasing most of goods with cash so I'll go with Bitcoin Wallet. The fact that it's kind of really safe after doing precautionary measures,  plus you do not have to reveal every single information about you with bitcoin wallets unlike with banks.
Anon_7716
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July 12, 2016, 05:39:34 AM
 #1957

For now i still use bank, because stores in my country dont accept bitcoin and i think they are not know about it. so i still need my fiat to buy something offline
But when buying or selling stuff online i will always use bitcoin

True, as indeed all the people still don't understand about the scheme and the system in the bitcoin, so still very little offline store or not at all using bitcoin to perform any transactions made in his shop. However this will change along with the increasingly good bitcoin grew

Yes I'm sure bitcoin can grow well, but the bank will not remain silent. The Bank will continue to evolve continuously to changing times. So the bank will not be lost and will continue to update the system. Banks are still much needed by the community. Bitcoin and banks have a role in my opinion and I personally need both.



I think banks will not disappear in the financial system. Because you know that the bank historically have become much-needed financial offices and highly trusted by everyone. So banks will not disappear if bitcoin becomes currency in every transaction
blackmachinegun
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July 12, 2016, 05:44:07 AM
 #1958

each of them have different purposes. both bank and bitcoin wallets are good for different things. you keep your money at a bank to keep it safe and also have some profit on it but bitcoin is created to help us don't need banks anymore. so you can do everything on your own from keeping it to sending bitcoin.
I think though liberated are in bitcoin wallet but the circumstances require us to use the bank always we still have to use
a fiat currency as the currency of everyday. so it will require us to use the bank to save our money. it is an obligation
Imoote
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July 12, 2016, 07:30:40 AM
 #1959

For now i still use bank, because stores in my country dont accept bitcoin and i think they are not know about it. so i still need my fiat to buy something offline
But when buying or selling stuff online i will always use bitcoin

True, as indeed all the people still don't understand about the scheme and the system in the bitcoin, so still very little offline store or not at all using bitcoin to perform any transactions made in his shop. However this will change along with the increasingly good bitcoin grew

Yes I'm sure bitcoin can grow well, but the bank will not remain silent. The Bank will continue to evolve continuously to changing times. So the bank will not be lost and will continue to update the system. Banks are still much needed by the community. Bitcoin and banks have a role in my opinion and I personally need both.



I think banks will not disappear in the financial system. Because you know that the bank historically have become much-needed financial offices and highly trusted by everyone. So banks will not disappear if bitcoin becomes currency in every transaction
Yes absolutely right bank need very much everyone. Every country should have a financial institution in order to regulate the money economy. We also require a bank to save our money we earn from selling bitcoin.
icecube45
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July 12, 2016, 11:24:59 AM
 #1960

each of them have different purposes. both bank and bitcoin wallets are good for different things. you keep your money at a bank to keep it safe and also have some profit on it but bitcoin is created to help us don't need banks anymore. so you can do everything on your own from keeping it to sending bitcoin.
I think though liberated are in bitcoin wallet but the circumstances require us to use the bank always we still have to use
a fiat currency as the currency of everyday. so it will require us to use the bank to save our money. it is an obligation


Yes indeed average bitcoin users including me, also use banks to store the results of the bitcoin. Perhaps more bitcoin wallet for investment and saving while the results obtained. The bitcoin then sold and stored in the bank. Because I think a very safe bank to save money.
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