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Author Topic: Bank or Bitcoin Wallet?  (Read 230431 times)
lakisis
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September 02, 2016, 06:02:06 AM
 #2901

i like bitcoin wallet because bitcoin wallet is much more better and safer than bank wallet .
Superzpay
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September 02, 2016, 06:12:41 AM
 #2902

I prefer to choose both, because I use Bitcoin as an investment and, in the other hand, the bank account give me the possibility to get the physical money, which may be obtained from Bitcoin.

Yeah we need both of them at a moment as we cannot afford to depend only on bitcoin as bitcoin is not accepted everywhere at a moment and we need fiat to take care of our purchases.

but at some stages we can rely only on bitcoin, like if we buy only those goods which are available online then we will buy them with bitcoin (those bitcoins which we earn online from our services/work) , with that we do not need to deposit or withdraw them via bank. and if a time came when everything will be available with bitcoin then we all will leave banks for our support to bitcoin.
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September 02, 2016, 06:29:49 AM
 #2903

You can just use a debit card to pay for things normally you want with fait in the shop.
madwica
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September 02, 2016, 08:45:49 AM
 #2904

You can just use a debit card to pay for things normally you want with fait in the shop.
Debit card of bitcoin or debit card of fiat i think that two is almost the same uses, but most of the time debit card of fiat is much acceptable at this time since not more stores accepting bitcoin as form of payment. That is why if you have bitcoin and bank account is much advantage that the people who only own one of the two.
extrabyte
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September 02, 2016, 08:54:29 AM
 #2905

its saving to save my money iam choose bank
in my money want to growth is very fast iam choose bitcoin wallet in trade altcoin or trade bitcoin fiat money
you statement is not clear. but I assume that when it comes about saving you'll choose banks.
and you'll use bitcoin only for trading.
let me tell you that saving in bitcoin is more profitable. even bitcoin price is unpredictable but in the bank your money will remain same no matter if you save them for 10 years or 20 years. but if you save in bitcoin you'll possibly earn double porfit.
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September 02, 2016, 08:56:24 AM
 #2906

its saving to save my money iam choose bank
in my money want to growth is very fast iam choose bitcoin wallet in trade altcoin or trade bitcoin fiat money
you statement is not clear. but I assume that when it comes about saving you'll choose banks.
and you'll use bitcoin only for trading.
let me tell you that saving in bitcoin is more profitable. even bitcoin price is unpredictable but in the bank your money will remain same no matter if you save them for 10 years or 20 years. but if you save in bitcoin you'll possibly earn double porfit.

Leaving the coins in your wallet can give you a decent profit, that's right, but only on paper. In order to really benefit from the profit you made, you have to secure profits, or at least start spending coins.
useless4
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September 02, 2016, 02:53:57 PM
 #2907

You can just use a debit card to pay for things normally you want with fait in the shop.
yeah, in my opinion bitcoin debit card could be really useful thats why i always choose to use bitcoin wallet instead of banks to save up my money

 
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stromma44
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September 02, 2016, 02:57:44 PM
 #2908

its saving to save my money iam choose bank
in my money want to growth is very fast iam choose bitcoin wallet in trade altcoin or trade bitcoin fiat money
you statement is not clear. but I assume that when it comes about saving you'll choose banks.
and you'll use bitcoin only for trading.
let me tell you that saving in bitcoin is more profitable. even bitcoin price is unpredictable but in the bank your money will remain same no matter if you save them for 10 years or 20 years. but if you save in bitcoin you'll possibly earn double porfit.

Leaving the coins in your wallet can give you a decent profit, that's right, but only on paper. In order to really benefit from the profit you made, you have to secure profits, or at least start spending coins.

Holding bitcoins will give you little profits and that also only if price goes higher in future and it will also depend on how much coins your are holding, its better to trade them and take coins to higher level.
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September 02, 2016, 04:55:14 PM
 #2909

You can just use a debit card to pay for things normally you want with fait in the shop.
yeah, in my opinion bitcoin debit card could be really useful thats why i always choose to use bitcoin wallet instead of banks to save up my money

So you preferred to use bitcoin debit card rather than the fiat credit card?

You are just wasting profits here. Use your fiat credit card instead and saved bitcoins.

And besides you think the retail price of the product will have the same rates when your purchase it thru bitcoin and fiat? No they are different.
lakisis
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September 02, 2016, 07:28:40 PM
 #2910

i think bitcoin wallet is much more better than bank wallet because bank wallet have a high fees charge and bitcoin wallet have no fees charge and bitcoin wallet is much more safe than bank account and bitcoin wallet is very good for us we can get a good profit when bitcoin go to rise its price .
richardsNY
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September 02, 2016, 08:00:06 PM
 #2911

You can just use a debit card to pay for things normally you want with fait in the shop.
yeah, in my opinion bitcoin debit card could be really useful thats why i always choose to use bitcoin wallet instead of banks to save up my money

Bitcoin debit card is good, but you have to realize that you are not really spending your coins yourself. If you want to make a purchase with your debit card, then the coins get converted, and with that converted money you are purchasing the goods.
Shibashi Dogemoto
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September 02, 2016, 10:08:01 PM
 #2912

You can just use a debit card to pay for things normally you want with fait in the shop.
yeah, in my opinion bitcoin debit card could be really useful thats why i always choose to use bitcoin wallet instead of banks to save up my money

Bitcoin debit card is good, but you have to realize that you are not really spending your coins yourself. If you want to make a purchase with your debit card, then the coins get converted, and with that converted money you are purchasing the goods.

I think bitcoin debit card involves higher fees especially when you convert it to your local currency so I dropped the idea of using it, as transferring bitcoins to bank account is more affordable.
BitLinkInvestments
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September 03, 2016, 01:59:43 AM
 #2913

I keep all my money in Bitcoin I personally do not believe in the future of FIAT currencies.  With banks bailing out around the world i would prefer to keep my money in BTC.
traderbit
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September 03, 2016, 03:27:52 AM
 #2914

I keep all my money in Bitcoin I personally do not believe in the future of FIAT currencies.  With banks bailing out around the world i would prefer to keep my money in BTC.
well. I would also like to add my money. but if my money is in fiat. I don't prefer to exchange them into bitcoin to save them in btc.
I don't think fiat money will get dead in future. no matter bitcoin become how big and how much usage. but it would never effect fiat anyway. govts won't let bitcoin to cover their local currency and kill currency.

richardsNY
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September 03, 2016, 03:50:56 AM
 #2915

You can just use a debit card to pay for things normally you want with fait in the shop.
yeah, in my opinion bitcoin debit card could be really useful thats why i always choose to use bitcoin wallet instead of banks to save up my money

Bitcoin debit card is good, but you have to realize that you are not really spending your coins yourself. If you want to make a purchase with your debit card, then the coins get converted, and with that converted money you are purchasing the goods.

I think bitcoin debit card involves higher fees especially when you convert it to your local currency so I dropped the idea of using it, as transferring bitcoins to bank account is more affordable.

It depends, if you look at the BitPay debit card, then they don't charge any fees for using it within the US. Outside the US you have to start paying hefty fees of 3% per currency conversion. That's when things indeed make you lose interest.
Indrawan77
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September 03, 2016, 05:28:35 AM
 #2916

I keep all my money in Bitcoin I personally do not believe in the future of FIAT currencies.  With banks bailing out around the world i would prefer to keep my money in BTC.
Keeping money in bitcoin is a great future investment, however we dont know how long its going last, keeping bitcoin got no insurance while in the bank we got it, but somehow i still prefer saving my money in bitcoin because nobody will know  i got some investment in bitcoin
Carmen_Sandiego
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September 03, 2016, 05:36:46 AM
 #2917

I would certainly choose the btc wallet, because it has proven to be more secure and it is easier to use, from my point of view. I should add the fact that, when using it, we can have much more control over our funds.
goldcoinminer
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September 03, 2016, 05:56:08 AM
 #2918

I keep all my money in Bitcoin I personally do not believe in the future of FIAT currencies.  With banks bailing out around the world i would prefer to keep my money in BTC.
Keeping money in bitcoin is a great future investment, however we dont know how long its going last, keeping bitcoin got no insurance while in the bank we got it, but somehow i still prefer saving my money in bitcoin because nobody will know  i got some investment in bitcoin
Yeah, because we will not be tax with our income in bitcoin. In bank the government will know that we have money and if we cannot justify the source of our income that is when we will be sued if someone will interest to destroy us, I think some money launderers are using bitcoin to launder their dirty money. 
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September 03, 2016, 08:12:09 AM
 #2919

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.

Banks don't like bitcoin because it's competition, it's competition for their business as such they are going to do everything in their power to halt the growth of bitcoin.
I do believe in your statement, they will lose their clients if people will patronize bitcoin. We all want privacy and only in bitcoin where we can experience that because anytime the government can look into our account and even ordinary employees of the bank where we have deposit our money.

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September 03, 2016, 08:40:58 AM
 #2920

I would certainly choose the btc wallet, because it has proven to be more secure and it is easier to use, from my point of view. I should add the fact that, when using it, we can have much more control over our funds.

For me, they are both secured banks are secured since there is deposit insurance agency once you are going to deposit money to the bank. Your money is safe with them and if someone is going to breach their system then it is going to be their fault and they are the one that is going to be liable for it. Unlike with bitcoin wallet if someone breaches your wallet you don't have assurance that you can get it again.

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