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Author Topic: Bank or Bitcoin Wallet?  (Read 230431 times)
XERES
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July 25, 2016, 07:27:10 AM
 #2161

Bank i think if you have a big amount do deposit in bank but if the money does not big enough go fot bitcoin wallet to invest it if the price rise your money get profit. So if have big amount may choose bank for your safety. Secure your money in the bank that is best way you can do.
Do you think people in bitcoin does not have big money in their wallet? wallet is safe no one can crack your private key if you don't know.

coinplus
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July 25, 2016, 11:35:15 AM
 #2162

For me i choose both i used bitcoin as my other investment while in bank account you will less the risk of your money because bank have a physical can able to see while in bitcoin can disappear even in one click because it is online without assurance if your money back if they will disappear.
Yes, choosing both must be the practical solution to solve what ever financial demands for those who are having some issues in both bitcoin and fiats alternatively. As long as you are going for only either bitcoin or fiats, you must in need of having both to enjoy the specific benefits and to prevent particular problems.
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July 25, 2016, 11:38:12 AM
 #2163

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.

As the bank make money by my savings...
My wallet costs no fees and i am in total control
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July 25, 2016, 12:08:45 PM
 #2164

For long term saving I would choose bitcoin wallet, because there's no tax but there are the risk when you buy bitcoin at high price and you sell it on low price.
For short term saving I will choose bank, because easy to withdraw.

sirohige
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July 25, 2016, 02:55:26 PM
 #2165

For long term saving I would choose bitcoin wallet, because there's no tax but there are the risk when you buy bitcoin at high price and you sell it on low price.
For short term saving I will choose bank, because easy to withdraw.

i think we can't choose "only bitcoin" for long time saving our money, we can't predict about future of bitcoin, anything can happen and bitcoin can be dead too. so better still use bitcoin and bank for long term.
greBit
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July 25, 2016, 03:18:13 PM
 #2166

For long term saving I would choose bitcoin wallet, because there's no tax but there are the risk when you buy bitcoin at high price and you sell it on low price.
For short term saving I will choose bank, because easy to withdraw.

i think we can't choose "only bitcoin" for long time saving our money, we can't predict about future of bitcoin, anything can happen and bitcoin can be dead too. so better still use bitcoin and bank for long term.
Its better to use both of them as both of them have their own advantages and we are not sure how long bitcoin will survive so its risky to depend only on bitcoin.
richardsNY
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July 25, 2016, 03:35:26 PM
 #2167

For long term saving I would choose bitcoin wallet, because there's no tax but there are the risk when you buy bitcoin at high price and you sell it on low price.
For short term saving I will choose bank, because easy to withdraw.

i think we can't choose "only bitcoin" for long time saving our money, we can't predict about future of bitcoin, anything can happen and bitcoin can be dead too. so better still use bitcoin and bank for long term.
Its better to use both of them as both of them have their own advantages and we are not sure how long bitcoin will survive so its risky to depend only on bitcoin.


Even if we don't want it, we have no other option than to use both. Also, there is no need to choose between one of the two options. I prefer to keep using Bitcoin as alternative currency at this point.
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July 25, 2016, 03:36:37 PM
 #2168

For long term saving I would choose bitcoin wallet, because there's no tax but there are the risk when you buy bitcoin at high price and you sell it on low price.
For short term saving I will choose bank, because easy to withdraw.

i think we can't choose "only bitcoin" for long time saving our money, we can't predict about future of bitcoin, anything can happen and bitcoin can be dead too. so better still use bitcoin and bank for long term.
Its better to use both of them as both of them have their own advantages and we are not sure how long bitcoin will survive so its risky to depend only on bitcoin.


agree it, both of them is best option, because bank make me connected with my family and my friends, and bitcoin make me connected with my international friend in internet world.
willofcoin
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July 25, 2016, 03:40:15 PM
 #2169

Why not use both. Each of them have Pros and Cons so it's better to have both of them.
tyleraj
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July 25, 2016, 03:54:27 PM
 #2170

I prefer to choose bank, because it is safe even if our money was too low interest in the bank, it doesn't  matter. What really matter us is the secureness of our money. Unlike in bitcoin wallet, we don't have any assurance in our money, it may lost anytime. No one knows the fix market value of bitcoins. So therefore i conclude that putting money to btc wallet is too risky.
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July 25, 2016, 04:05:51 PM
 #2171

Why not use both. Each of them have Pros and Cons so it's better to have both of them.
Yeah i think they are perfect couple if bitcoin is partner business of banks.. Bitcoin will be more precious thing if it will happen..
And i think its already been happen in singapore they have now Bitcoin ATM that you can withdraw or deposit money..
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July 25, 2016, 06:41:11 PM
 #2172

I prefer to choose bank, because it is safe even if our money was too low interest in the bank, it doesn't  matter. What really matter us is the secureness of our money. Unlike in bitcoin wallet, we don't have any assurance in our money, it may lost anytime. No one knows the fix market value of bitcoins. So therefore i conclude that putting money to btc wallet is too risky.
I would trust banks over bitcoin wallets as well for the same exact reason. I just don't seem to see the reason to put the majority of my asset in a bitcoin wallet than in a bank just yet. In terms of security alone, banks are somewhat still superior(?). And since the value of bitcoin is so volatile, the chances of my asset losing value is there. I have always considered bitcoin as a currency and more of an investment.
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July 25, 2016, 08:01:06 PM
 #2173

For me i choose both i used bitcoin as my other investment while in bank account you will less the risk of your money because bank have a physical can able to see while in bitcoin can disappear even in one click because it is online without assurance if your money back if they will disappear.
yes that is a fact in present time the importance of both cannot be ignore. in present time i am receiving my salary from banks so what will happen if the banks stop working. what will about our salary.
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July 25, 2016, 08:38:27 PM
 #2174

of course a bitcoin wallet, to be honest i have to use banks right now but im not happy about that at all, in my opinion in the future i will try to go only on bitcoin wallet

 
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CryptoBjorn
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July 25, 2016, 08:41:25 PM
 #2175

For me i choose both i used bitcoin as my other investment while in bank account you will less the risk of your money because bank have a physical can able to see while in bitcoin can disappear even in one click because it is online without assurance if your money back if they will disappear.
yes that is a fact in present time the importance of both cannot be ignore. in present time i am receiving my salary from banks so what will happen if the banks stop working. what will about our salary.

I like both, but I need 1, and that's the bank account which i need for all my expenses. Bitcoin so far has been great but it needs to be embedded more in our daily life.
So we, the masses, can actually use it, And make it a key aspect in our life. In time i hope to see this happen.
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July 25, 2016, 08:41:48 PM
 #2176

of course a bitcoin wallet, to be honest i have to use banks right now but im not happy about that at all, in my opinion in the future i will try to go only on bitcoin wallet

I think we should go with both of them to grab benefits from both of  them as online bitcoin wallet will not help as bank holds more benefits and features in compare to bitcoin.

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July 25, 2016, 11:36:25 PM
 #2177

I like both of them but banks is already trusted and time tested when bitcoin is something new and interesting but already better than banks Grin I am very happy that i am a bitcoin user.

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July 26, 2016, 01:38:22 AM
 #2178

of course a bitcoin wallet, to be honest i have to use banks right now but im not happy about that at all, in my opinion in the future i will try to go only on bitcoin wallet

I think we should go with both of them to grab benefits from both of  them as online bitcoin wallet will not help as bank holds more benefits and features in compare to bitcoin.
because both of them is giving support for another. bitcoin and the bank have different advantages but you can connect their advantages for your personal interest.

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July 26, 2016, 01:52:51 AM
 #2179

of course a bitcoin wallet, to be honest i have to use banks right now but im not happy about that at all, in my opinion in the future i will try to go only on bitcoin wallet

I think we should go with both of them to grab benefits from both of  them as online bitcoin wallet will not help as bank holds more benefits and features in compare to bitcoin.
because both of them is giving support for another. bitcoin and the bank have different advantages but you can connect their advantages for your personal interest.
That is correct if the both advantages are combine with your personal interest it is great result but you consider always the risk you have in your investments, You should invest more in the bank than bitcoin that is what i do for my money.
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July 26, 2016, 02:01:20 AM
 #2180

I like both of them but banks is already trusted and time tested when bitcoin is something new and interesting but already better than banks Grin I am very happy that i am a bitcoin user.


Well yes, banks are always there and been trusted for many years since ever. But we can see that bitcoin wallets are also trusted too. Because it is where we are storing our bitcoins. So, we don't have to choose to any of them because they are both useful and helpful. Banks for our fiat money and bitcoin wallet for our bitcoins.

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