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Author Topic: Bank or Bitcoin Wallet?  (Read 230479 times)
KingdomHearts
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July 16, 2016, 09:19:47 AM
 #2001

I would choose to use bitcoin wallet and have all my money as bitcoins though bitcoin price is really fluctuating.
i agree with you i would also choose to use bitcoin wallet because bitcoin increasing its price very much faster than other currency and bitcoin wallet fees is very much lower than bank wallet fees .
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July 16, 2016, 09:26:35 AM
Last edit: July 31, 2016, 08:35:36 PM by hase0278
 #2002

If you'll ask me between bank or a bitcoin wallet, Ill say it depends. If it were for investment feature I guess ill go into bitcoin since the interest offered by banks are quite low. In bitcoin the price is very volatile so if you buy at a very low price then it pumped then you have your money with profit if you convert to fiat again. Well if it were to be used to store my money, Ill pick bank since banks are more secure than a bitcoin wallet. If you lost money in banks, they can be held liable in law but if you were to lose money in bitcoin, no one can be deemed guilty.  Grin
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July 16, 2016, 10:20:58 AM
 #2003

Some newbie are very rich. They might be newbie in bitocin, but they are very experienced in trading.
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July 16, 2016, 10:35:02 AM
 #2004

its about control the banks cant control it and so they will never adopt it, untill they are forced to. 
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July 16, 2016, 12:41:45 PM
 #2005

Well I think it is best to have some bitcoin/altcoin wallets, banks, assets in general. I think accumulating bitcoin is col, but at the moment we also need banks for various services they provide. I am also turning to invest in gold and silver too.

I think you will be at wrong if you go to invest in gold and silver as you will not earn any profit in there, and if you will earn that will be a little amount for the wait of years, the better investment is bitcoin and some good altcoins where you can earn profit much faster
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July 16, 2016, 01:03:50 PM
 #2006

its about control the banks cant control it and so they will never adopt it, untill they are forced to. 

It is really going to be tough for banks to accept bitcoins at all. They are going to defend their service against bitcoin.
And the people tend to use and choose bank at all because still many doesn't even know about bitcoin yet.
So it would be for banks.

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PokerFace3
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July 16, 2016, 01:08:37 PM
 #2007

Well I think it is best to have some bitcoin/altcoin wallets, banks, assets in general. I think accumulating bitcoin is col, but at the moment we also need banks for various services they provide. I am also turning to invest in gold and silver too.
It is best to have bitcoins in the bitcoin wallet than Money in banks. Bitcoins are great investment and thus have real value. Banks may not be able to return the money if there is any financial crisis. It is also a good idea to invest in Gold and Silver
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July 16, 2016, 01:29:00 PM
 #2008

Well I think it is best to have some bitcoin/altcoin wallets, banks, assets in general. I think accumulating bitcoin is col, but at the moment we also need banks for various services they provide. I am also turning to invest in gold and silver too.
It is best to have bitcoins in the bitcoin wallet than Money in banks. Bitcoins are great investment and thus have real value. Banks may not be able to return the money if there is any financial crisis. It is also a good idea to invest in Gold and Silver

Well as long as you know what you are entering and you know that you are going to have good profit out of it then it is going to be a good decision at all if you are going to choose any of it.
And adding gold and silver into it is a good source because we all know the economy of it is strong.

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sempak
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July 16, 2016, 01:31:42 PM
 #2009

save money in the BANK is much more secure than storing in bitcoin wallet. because it saves money in the BANK obtain a guarantee from the government of a country.

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Yutikas_11920
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July 16, 2016, 02:49:18 PM
 #2010

save money in the BANK is much more secure than storing in bitcoin wallet. because it saves money in the BANK obtain a guarantee from the government of a country.

Hahah, that's for sure. Because in the banking system is already known to the Government and approved. So surely if the Bank experienced something with the alacrity of the Government will help banks to solve the problem. But the bank will not provide something that exists in the bitcoin i.e. price bitcoin can we take advantage of to get a bigger profit than BANK. So use the bank for the purposes of everyday and saving. Use the bitcoin for profit
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July 16, 2016, 03:00:41 PM
 #2011

We didn't reach yet to that point where we can relay completely on Bitcoin. If ever will be case which will be for sure at some stage later I will prefer and will use only Bitcoin. I am using both bank and Bitcoin simply one can not provide me solution for all my needs. Bitcoin is to transfer money where no traditional method can compete with freedom and low fees.Banks which I still need of to perform day to day matters as Bitcoin didn't cover all areas yet.
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July 16, 2016, 03:02:18 PM
 #2012

Bitcoin wallet 100% of the time, that way, I am the only one who can touch my money.

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raphma
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July 16, 2016, 03:02:50 PM
 #2013

save money in the BANK is much more secure than storing in bitcoin wallet. because it saves money in the BANK obtain a guarantee from the government of a country.

with more security, it will come more burocracy and fees.
yeah, it will have more guarantees and all that but some times you need to cashout and the bank, with burocracy, will hold your money asking for confirmations and documents.

some times that's a good thing, some times dont.
Jimbola3
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July 16, 2016, 03:37:38 PM
 #2014

Well I think it is best to have some bitcoin/altcoin wallets, banks, assets in general. I think accumulating bitcoin is col, but at the moment we also need banks for various services they provide. I am also turning to invest in gold and silver too.
It is best to have bitcoins in the bitcoin wallet than Money in banks. Bitcoins are great investment and thus have real value. Banks may not be able to return the money if there is any financial crisis. It is also a good idea to invest in Gold and Silver
Looking at the future prospects I think Bitcoin wallet is what I like to choose. I don't know about the banks and financial crisis but I think bitcoins are more secure.Gold and silver is also good investment as they are also valuable metals.
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July 16, 2016, 03:39:29 PM
 #2015

Well I think it is best to have some bitcoin/altcoin wallets, banks, assets in general. I think accumulating bitcoin is col, but at the moment we also need banks for various services they provide. I am also turning to invest in gold and silver too.
It is best to have bitcoins in the bitcoin wallet than Money in banks. Bitcoins are great investment and thus have real value. Banks may not be able to return the money if there is any financial crisis. It is also a good idea to invest in Gold and Silver
Looking at the future prospects I think Bitcoin wallet is what I like to choose. I don't know about the banks and financial crisis but I think bitcoins are more secure.Gold and silver is also good investment as they are also valuable metals.


Bitcoin wallets are highly secured compared to some banking system and debit cards. The bitcoins can be stored in a wallet and can be accessed after many years even though your account is not much active. In bank they have certain restrictions.
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July 16, 2016, 03:47:39 PM
 #2016

Bitcoin wallet 100% of the time, that way, I am the only one who can touch my money.
i think not only wallet but bank also play important role in our life. i think both bank and wallet are now essential for our life. with out band we cannot depend on wallet. because we have to exchange bitcoin in dollar and then in our local currency which we have to withdraw through banks.
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July 16, 2016, 03:53:11 PM
 #2017

Bitcoin Wallet of course, can be used anytime and where ever you are, easy and faster better than Bank, when send big money from Bank it will take so much time to Send and needed many information but when using Bitcoin Wallet just like 1 minute Cheesy

Maesters1-
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July 16, 2016, 04:08:03 PM
 #2018

Bitcoin Wallet of course, can be used anytime and where ever you are, easy and faster better than Bank, when send big money from Bank it will take so much time to Send and needed many information but when using Bitcoin Wallet just like 1 minute Cheesy
but you cannot ignore the importance of bank. you can have access to your bank account from everywhere. the second thing is that still bitcoin is not legalized everywhere so what will do where bitcoin is not legalize.
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July 16, 2016, 04:25:26 PM
 #2019

Bitcoin Wallet of course, can be used anytime and where ever you are, easy and faster better than Bank, when send big money from Bank it will take so much time to Send and needed many information but when using Bitcoin Wallet just like 1 minute Cheesy
but you cannot ignore the importance of bank. you can have access to your bank account from everywhere. the second thing is that still bitcoin is not legalized everywhere so what will do where bitcoin is not legalize.
You're right, what ever I just tell my opinion and I think for my personal bitcoin wallet is more good. But like I said bank can't be fast and easy to use like bitcoin wallet even we can access it everywhere but can we withdraw the money everywhere ?

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July 16, 2016, 05:02:50 PM
 #2020

Bitcoin can't be defeat by any banks...so instead of defeating it majority of the banks will adopt bitcoins.
For them to maintain their customer to put savings in their bank by using Bitcoins. But honestly they are both important.
This will depends on the individuals so for me i'd rather go to bitcoins. Smiley
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