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chaosknight
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August 22, 2016, 09:36:27 AM |
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I think that both work well in different situations, for different purposes.
It has a unique purpose but both can help us so we need them both, banks will protect us as it is guided by the laws of a certain country so we are more secured than bitcoin, but bitcoin can provide us a good profit from our investment compared to banks so it is both important. Yeah right, there both usefull actualy, but when it comes to the satisfaction to the user it is much better in bitcoin wallet than a bank. though they will feel both satisfaction in it but the average is bitcoin wallet is leading, because of their different charges fee and conveniety. Bitcoin wallet is good because your money in your hands and you can access it whenever you want and the best thing about bitcoin wallet is there is no "bank holiday" in it, you can transact 24/7. |
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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bravehearth0319
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August 22, 2016, 09:42:33 AM |
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For the security of our money no doubt to choose bank because it has insurance while in bitcoin there is no security of your investment but the risk you have will cover up by the return of your investment if the value of bitcoin will going to increase in the future.
Atleast you the advantage of having a bitcoin,.. As far as I observed here majority most of the member in this community they don't care if this is risky, They looking forward in a positive way WHAT IF BITCOIN GOES UP TO 1000$, therefore they will go for bitcoin wallet including myself. Though I'm not saying that banks are not good, Its not like that. |
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Dadabong
Newbie
 Offline
Activity: 56
Merit: 0
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August 22, 2016, 09:53:58 AM |
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Well Bitcoin wallet. But I don't trust it 100% maybe about 50% and the remain is still bank. So I do some in BTC wallet and the rest in the bank. But 100% I will replace bank for btc wallet.
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jak3
Legendary
Offline
Activity: 1274
Merit: 1004
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August 22, 2016, 09:58:10 AM |
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banks can not accept bitcoin transactions because banks pays us intrest for using our money and bitcoin do not use our money for anything banks had a owner and bitcoin is open source
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d@nte
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August 22, 2016, 10:07:53 AM |
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Well Bitcoin wallet. But I don't trust it 100% maybe about 50% and the remain is still bank. So I do some in BTC wallet and the rest in the bank. But 100% I will replace bank for btc wallet.
The saying "do not put all your eggs in one basket" is valid in this situation. |
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TastyChillySauce00
Legendary
Offline
Activity: 2982
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
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August 22, 2016, 11:13:46 AM |
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I think that both work well in different situations, for different purposes.
It has a unique purpose but both can help us so we need them both, banks will protect us as it is guided by the laws of a certain country so we are more secured than bitcoin, but bitcoin can provide us a good profit from our investment compared to banks so it is both important. Yeah right, there both usefull actualy, but when it comes to the satisfaction to the user it is much better in bitcoin wallet than a bank. though they will feel both satisfaction in it but the average is bitcoin wallet is leading, because of their different charges fee and conveniety. Bitcoin wallet is good because your money in your hands and you can access it whenever you want and the best thing about bitcoin wallet is there is no "bank holiday" in it, you can transact 24/7. i guess in this year and in this age,atm transaction can be done 24/7 even banks are closed due to holiday doesn't mean they're totally closed for their customers,the central offices of the bank still open to resolve any problem which occur either from the customers or from their own system |
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balnazzar
Newbie
Offline
Activity: 2
Merit: 0
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August 22, 2016, 11:21:42 AM |
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20% BTC, 80% bank account
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ukasyah
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August 22, 2016, 11:22:27 AM |
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probably I will choose both of them. even I have bitcoins, I still need banks. I can save my money safely on bitcoin, but when I need money to buy stuff, I will convert my bitcoin to fiat because there aren't many shops accepting bitcoin here.
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JessicaSe
Legendary
Offline
Activity: 840
Merit: 1000
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August 22, 2016, 11:25:26 AM |
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probably I will choose both of them. even I have bitcoins, I still need banks. I can save my money safely on bitcoin, but when I need money to buy stuff, I will convert my bitcoin to fiat because there aren't many shops accepting bitcoin here.
Yes and we need banks as we don't have direct places to spend our bitcoin so we need to convert it to fiat and transfer it to our banks accounts, so banks are mandatory at a moment. |
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d@nte
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August 22, 2016, 11:25:57 AM |
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probably I will choose both of them. even I have bitcoins, I still need banks. I can save my money safely on bitcoin, but when I need money to buy stuff, I will convert my bitcoin to fiat because there aren't many shops accepting bitcoin here.
Yeah, in different situations and for different purposes both can be useful. |
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gerXhonza
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August 22, 2016, 11:56:07 AM |
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probably I will choose both of them. even I have bitcoins, I still need banks. I can save my money safely on bitcoin, but when I need money to buy stuff, I will convert my bitcoin to fiat because there aren't many shops accepting bitcoin here.
Yes and we need banks as we don't have direct places to spend our bitcoin so we need to convert it to fiat and transfer it to our banks accounts, so banks are mandatory at a moment. Banks are the strongest financial institutions we have and bitcoin is too small in compare to banks, and once your bitcoin are stolen then its gone forever, but if the same happens with banks then they will support you in recovering your money. |
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utkarshm
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August 22, 2016, 12:59:42 PM |
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banks can not accept bitcoin transactions because banks pays us intrest for using our money and bitcoin do not use our money for anything banks had a owner and bitcoin is open source
Yes there is a huge difference between a bitcoin wallet and a bank and these cannot be compared with each other i think. If i had to choose the i think banks are the much more safer option than that of bitcoin because if something wrong happens we can complain there in person but in wallet we can only send them emails and then just hope for the best. |
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sirohige
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August 22, 2016, 01:33:25 PM |
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Well Bitcoin wallet. But I don't trust it 100% maybe about 50% and the remain is still bank. So I do some in BTC wallet and the rest in the bank. But 100% I will replace bank for btc wallet.
it's normal because no people can life without bank, at this momenth bank is very important for bussines, each transaksi where we can't Cash on delivery, we can use bank as payment processor. im use bank too, but for me if i can use bitcoin i will use it. |
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iqlimasyadiqa
Legendary
Offline
Activity: 1596
Merit: 1011
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August 22, 2016, 01:43:24 PM |
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probably I will choose both of them. even I have bitcoins, I still need banks. I can save my money safely on bitcoin, but when I need money to buy stuff, I will convert my bitcoin to fiat because there aren't many shops accepting bitcoin here.
correctly . every place has its pros and cons of each. we can take the excess in every place, because no one is perfect. bitcoin or bank has its drawbacks side. we must be selective gain as we could be. |
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shinratensei_
Legendary
Offline
Activity: 3094
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
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August 22, 2016, 02:31:18 PM |
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But 100% I will replace bank for btc wallet.
But not for this time you wanna replacing the percentage of your interested in the bank with bitcoin wallet, you will always need a bank for every time. because the offer from the bank is a different with the bitcoin wallet's offer. |
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dezoel
Legendary
Offline
Activity: 2016
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
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August 22, 2016, 02:33:58 PM |
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But 100% I will replace bank for btc wallet.
But not for this time you wanna replacing the percentage of your interested in the bank with bitcoin wallet, you will always need a bank for every time. because the offer from the bank is a different with the bitcoin wallet's offer. Yeah we surely need banks for our day to day transactions and bitcoin has not reached every where yet and I think the businesses who are not into bitcoin yet will surely depend on banks for their transactions. |
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Stack23
Member
Offline
Activity: 69
Merit: 10
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August 22, 2016, 02:36:53 PM |
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I would prefer bank as they are more secure.
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Imoote
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August 22, 2016, 02:45:18 PM |
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probably I will choose both of them. even I have bitcoins, I still need banks. I can save my money safely on bitcoin, but when I need money to buy stuff, I will convert my bitcoin to fiat because there aren't many shops accepting bitcoin here.
Yes and we need banks as we don't have direct places to spend our bitcoin so we need to convert it to fiat and transfer it to our banks accounts, so banks are mandatory at a moment. Banks are the strongest financial institutions we have and bitcoin is too small in compare to banks, and once your bitcoin are stolen then its gone forever, but if the same happens with banks then they will support you in recovering your money. Yes absolutely right bank is better in terms of security and strength in the economy. But both are very different in my opinion. If bitcoin wallet only to invest because we could benefit from price fluctuations, and the bank to save money with a safe and a good guarantee. |
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mark coins
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August 22, 2016, 02:48:28 PM |
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probably I will choose both of them. even I have bitcoins, I still need banks. I can save my money safely on bitcoin, but when I need money to buy stuff, I will convert my bitcoin to fiat because there aren't many shops accepting bitcoin here.
Yes and we need banks as we don't have direct places to spend our bitcoin so we need to convert it to fiat and transfer it to our banks accounts, so banks are mandatory at a moment. Banks are the strongest financial institutions we have and bitcoin is too small in compare to banks, and once your bitcoin are stolen then its gone forever, but if the same happens with banks then they will support you in recovering your money. Yes absolutely right bank is better in terms of security and strength in the economy. But both are very different in my opinion. If bitcoin wallet only to invest because we could benefit from price fluctuations, and the bank to save money with a safe and a good guarantee. Yeah banks are safe to save your money but it will never help you in growing your money which is possible with bitcoin wallet, you can easily grow your money only if you hold them for future. |
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mark coins
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August 22, 2016, 02:50:56 PM |
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probably I will choose both of them. even I have bitcoins, I still need banks. I can save my money safely on bitcoin, but when I need money to buy stuff, I will convert my bitcoin to fiat because there aren't many shops accepting bitcoin here.
Yes and we need banks as we don't have direct places to spend our bitcoin so we need to convert it to fiat and transfer it to our banks accounts, so banks are mandatory at a moment. Banks are the strongest financial institutions we have and bitcoin is too small in compare to banks, and once your bitcoin are stolen then its gone forever, but if the same happens with banks then they will support you in recovering your money. Yes absolutely right bank is better in terms of security and strength in the economy. But both are very different in my opinion. If bitcoin wallet only to invest because we could benefit from price fluctuations, and the bank to save money with a safe and a good guarantee. Yeah banks are safe to save your money but it will never help you in growing your money which is possible with bitcoin wallet, you can easily grow your money only if you hold them for future. |
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