windale
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Activity: 112
Merit: 10
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August 26, 2016, 01:28:26 AM |
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Maybe both they are both beneficial in terms on taking care of our money. Banks for our daily uses , buying goods payment in tuition or bills. In bitcoin I is good for investment it's value gives more than the bank could offer and it is trusted in terms that we can always see the value or the changes that happening in bitcoin rates.
Its not good for every one to use Banks because in many developing countries they are scaming and creating problems for common peoples some have too much taxes just because of this now peoples avoiding them and trying to invest in other places and many are now keeping money in houses because they are much better and safe places other then banks But in my opinion i choose bank for lifetime investment of my money here in my country commercial banks did not scam their clients instead if you have big amount of deposit you are very special to them and treat like a big boss. But if we choose to have both we can generate good profit for long term period. if you want your money to investment and growth your money bank is not good number one choose placed investment because return of invesment in bank is very low and under value inflation in europa japan usa , return invertment in bak is under one prosentage in every year in europa bank cash rate 0% if you saving and investment in bank you can't return , nothing return |
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redsun114
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August 26, 2016, 07:41:47 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
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. Using bank is a safer option for the reason that your asset's value is as it is while in bitcoin, it may have a chance of increasing in value, I still can not bear the fact that it can also recede in value. |
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goldcoinminer
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August 26, 2016, 08:19:28 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
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. Using bank is a safer option for the reason that your asset's value is as it is while in bitcoin, it may have a chance of increasing in value, I still can not bear the fact that it can also recede in value. That is simply because they do have different use, bitcoin nowadays is a good investment and not good in saving your money as the value of your money may change from time to time due to fluctuation. If you do both saving and investing you need to make use of bank and bitcoin to effectively do your thing. |
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Danielzo
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Activity: 102
Merit: 15
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August 26, 2016, 08:35:44 AM |
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Both. Use your Bitcoin Wallet for purchases that you can make via the digital currency, and your bank account for the rest.
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Antonio G.
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Activity: 84
Merit: 10
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August 26, 2016, 09:11:59 AM |
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Both. Use your Bitcoin Wallet for purchases that you can make via the digital currency, and your bank account for the rest.
Agree with you. At the moment Bitcoin rate is too unstable, but I believe in the future all of us will choose wallet  |
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mirakal
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Activity: 3164
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
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August 26, 2016, 09:59:09 AM |
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Both. Use your Bitcoin Wallet for purchases that you can make via the digital currency, and your bank account for the rest.
Agree with you. At the moment Bitcoin rate is too unstable, but I believe in the future all of us will choose wallet Not all of us and not even the majority of people living on earth. Bitcoin is just an alternative currency where it can give us the benefits in using it online but it cannot replace the currency that we are using in our respective country. The government has designed that currency and enforce through law that it will only be the accepted currency for the people. |
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2legit2
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August 26, 2016, 01:19:23 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. Using bank is a safer option for the reason that your asset's value is as it is while in bitcoin, it may have a chance of increasing in value, I still can not bear the fact that it can also recede in value. banks are not safer options at all, to be honest bitcoin wallets might be even safer if you use it carefully as banks can bankrupt |
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chaser15
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Activity: 2688
Merit: 1065
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August 26, 2016, 03:43:35 PM |
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banks are not safer options at all, to be honest bitcoin wallets might be even safer if you use it carefully as banks can bankrupt
I will give you a good advice to not let just post thoughts without a valid claims as it may lead you to become a 100% ignorant one. Your stand can't be applied in all banks and you can have a research on that. Yes it really happens but you just make it generalize. |
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Shibashi Dogemoto
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August 26, 2016, 03:50:01 PM |
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Both. Use your Bitcoin Wallet for purchases that you can make via the digital currency, and your bank account for the rest.
Agree with you. At the moment Bitcoin rate is too unstable, but I believe in the future all of us will choose wallet Not all of us and not even the majority of people living on earth. Bitcoin is just an alternative currency where it can give us the benefits in using it online but it cannot replace the currency that we are using in our respective country. The government has designed that currency and enforce through law that it will only be the accepted currency for the people. Neither banks nor fiat currency will ever disappear in future as they have support from Government and people of the country and may be bitcoin will disappear in future if people stop using it. |
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Sweetbtc
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August 26, 2016, 05:04:56 PM
Last edit: August 26, 2016, 05:16:10 PM by Sweetbtc |
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i would personally say bitcoin wallet as banks lend your cash out to other people and make a profit and give you a tiny portion of the big amount.
Only good thing is about a bank your money is your insured incase the bank or your card gets robbed.
As much as I will agree with you concerning bitcoin regarding bank using your money and giving you a portion but what would you say of wallets where you keep your coins and the value will decrease significantly overnight.. |
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salmanahmedone
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August 26, 2016, 05:20:22 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. Using bank is a safer option for the reason that your asset's value is as it is while in bitcoin, it may have a chance of increasing in value, I still can not bear the fact that it can also recede in value. Another thing for bitcoins is to consider is acceptance for exchange of goods and services easily, another one is the process of getting cash in my opinion I will go for bank... |
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crairezx20
Legendary
Offline
Activity: 1638
Merit: 1046
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August 26, 2016, 05:43:39 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. Using bank is a safer option for the reason that your asset's value is as it is while in bitcoin, it may have a chance of increasing in value, I still can not bear the fact that it can also recede in value. Another thing for bitcoins is to consider is acceptance for exchange of goods and services easily, another one is the process of getting cash in my opinion I will go for bank... bitcoin is just for alternative we can not say this bitcoin is our main banks still the best to choose we save our money for a long time because the price of bitcoin is unpredictable and we dont know if the price of bitcoin will stay stable or not.. |
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Bitcoinsummoner
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August 26, 2016, 05:49:11 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. Using bank is a safer option for the reason that your asset's value is as it is while in bitcoin, it may have a chance of increasing in value, I still can not bear the fact that it can also recede in value. Another thing for bitcoins is to consider is acceptance for exchange of goods and services easily, another one is the process of getting cash in my opinion I will go for bank... bitcoin is just for alternative we can not say this bitcoin is our main banks still the best to choose we save our money for a long time because the price of bitcoin is unpredictable and we dont know if the price of bitcoin will stay stable or not.. I agree that banks is more safer than bitcoin but bitcoin is a good thing to save if you really willing to risk your money in bitcoin.. because yeah your right that we dont know what will be the price of bitcoin tommorow the price is high and soon the price is low.. |
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SidaroffVany
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August 26, 2016, 06:22:23 PM |
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i would personally say bitcoin wallet as banks lend your cash out to other people and make a profit and give you a tiny portion of the big amount.
Only good thing is about a bank your money is your insured incase the bank or your card gets robbed.
As much as I will agree with you concerning bitcoin regarding bank using your money and giving you a portion but what would you say of wallets where you keep your coins and the value will decrease significantly overnight.. First, it must be said about the risks of storage and use bitcoin or other real currency. Today cryptocurrency very hard to maintain and just as hard to use |
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freedomgo
Legendary
Offline
Activity: 3136
Merit: 1148
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August 27, 2016, 08:58:04 AM |
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i would personally say bitcoin wallet as banks lend your cash out to other people and make a profit and give you a tiny portion of the big amount.
Only good thing is about a bank your money is your insured incase the bank or your card gets robbed.
As much as I will agree with you concerning bitcoin regarding bank using your money and giving you a portion but what would you say of wallets where you keep your coins and the value will decrease significantly overnight.. First, it must be said about the risks of storage and use bitcoin or other real currency. Today cryptocurrency very hard to maintain and just as hard to use That is a blessing in disguise actually, because you see bitcoin hard to use you will not spend it as you have no choice, and what will happen is you are going to save it in your wallet and when the time comes that it is easy to spend, I am pretty sure the value of your bitcoin will be higher. |
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greBit
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August 27, 2016, 09:19:06 AM |
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i would personally say bitcoin wallet as banks lend your cash out to other people and make a profit and give you a tiny portion of the big amount.
Only good thing is about a bank your money is your insured incase the bank or your card gets robbed.
As much as I will agree with you concerning bitcoin regarding bank using your money and giving you a portion but what would you say of wallets where you keep your coins and the value will decrease significantly overnight.. First, it must be said about the risks of storage and use bitcoin or other real currency. Today cryptocurrency very hard to maintain and just as hard to use That is a blessing in disguise actually, because you see bitcoin hard to use you will not spend it as you have no choice, and what will happen is you are going to save it in your wallet and when the time comes that it is easy to spend, I am pretty sure the value of your bitcoin will be higher. Yes if we think of long term then its price will be definitely higher in future and till that point of time I think we should try to collect maximum coins to take benefits in future. |
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BitHodler
Legendary
Offline
Activity: 1526
Merit: 1179
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August 27, 2016, 10:26:37 AM |
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I guess bitcoin wallet because you can trade your money hehe  No further explanation? If you bring it like that, then there is no difference at all with fiat currencies since you can also trade with that. Also, this has nothing to do with a Bitcoin wallet at all. |
BSV is not the real Bcash. Bcash is the real Bcash.
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Manu155
Newbie
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Activity: 1
Merit: 0
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August 27, 2016, 10:28:43 AM |
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Btc wallet is more trustable as it comes with anonymity guarantee and fast service option.
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randy8777
Legendary
Offline
Activity: 896
Merit: 1000
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August 27, 2016, 12:18:08 PM |
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Btc wallet is more trustable as it comes with anonymity guarantee and fast service option.
bitcoin is semi-anonymous as some people like to call it. that being said, you are responsible for the level of anonymity of each of your trasnactions and bitcoin addresses. if you have verified yourself on an exchange with all your personal information, and you buy bitcoin and send it to your bitcoin address, then the exchange in question can link your name to your address. then basically everything that comes in, and goes out, is being watched if they so wish. |
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chixka000
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August 27, 2016, 02:23:06 PM |
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Btc wallet is more trustable as it comes with anonymity guarantee and fast service option.
bitcoin is semi-anonymous as some people like to call it. that being said, you are responsible for the level of anonymity of each of your trasnactions and bitcoin addresses. if you have verified yourself on an exchange with all your personal information, and you buy bitcoin and send it to your bitcoin address, then the exchange in question can link your name to your address. then basically everything that comes in, and goes out, is being watched if they so wish. So this was really the main reason, but i think exchanger sites do this for safety purpose. But there is also no doubt that the chance of being a victim of identity theft is really high |
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