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Author Topic: Feeling bitter in banks?  (Read 1044 times)
Bitcoinjheta
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May 08, 2018, 03:56:53 AM
 #41

Well, i am not feel sick and tired reading this kind of article because the truth will prevailed. It happen soon once the development of crypto currency will organized making the banking system will disappear, taking over many people will get rich into this kind of system soon.
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May 08, 2018, 04:49:24 AM
 #42

I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
I am sick and tired or reading reiterated posts and not just those that have to do with only banks lol. However, this has been a very hot topic for a while now as so many people have shown some high level of disgust for the banking sector which I do not blame anyone as I have that huge one for them too considering how they with the government has just decided to make life difficult when it comes to making transaction over the years and how the banking sector has been used a tool for monopoly.
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May 08, 2018, 05:16:37 AM
 #43

Actually IMO saving our money on banks is better than saving it in different kind of online wallets,  but when it comes to obtaining profits i think the good idea is to make some investment through crypto currency but not the entire balance which is much better to pick an amount for investing and the rest is on bank to make sure it's safe.
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May 08, 2018, 05:55:30 AM
 #44

I Won't say that I am sick of reading those kind of posts, but I can only  that their thought and desires of scrambling the banking sector away in the world or in a country is not possible, and basically not sensible. I for once don't like the way most banks run their banks and treat their customers, but a country needs banks to survive cause, inasmuch as a country have their own currency,  the bank will always be there.
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May 08, 2018, 07:13:01 AM
 #45

Both banks and using crypto exchanges have advantages and disadvantages. If a person is not comfortable doing one and vice versa, then stick on their own view.

Majority who doesn't know what is the advantages of using banks are those who talks a lot negatively about them. Their mind is focus about the difference if they will hold crypto on their own or save money on banks. Doesn't really making sense and just a waste of time if the debate will just focus on that because in the first place, getting profits is not the questioned here.

I myself are having a good experience with banks and cryptos so no way I will trashed one of them. It's not all about getting profits but the service we really need in everyday life.

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horrifiedx1
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May 08, 2018, 07:56:55 AM
 #46

I Won't say that I am sick of reading those kind of posts, but I can only  that their thought and desires of scrambling the banking sector away in the world or in a country is not possible, and basically not sensible. I for once don't like the way most banks run their banks and treat their customers, but a country needs banks to survive cause, inasmuch as a country have their own currency,  the bank will always be there.
right. i think it will be difficult to get rid of bank from this life. besides each country has its own currency, i think cryptocurrency users are also still a bit, this is makes it difficult for now. and cryptocurrency requires the government to legalize it in order to grow rapidly

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May 08, 2018, 08:16:58 AM
 #47

Кoнeчнo, для бaнкoв пepexoд нaceлeния нa элeктpoнныe кoшeльки, pacчeт кpиптoвaлютoй, этo бoльшoй yпaдoк  иx дoxoднocти. Ho, вoзьмитe Poccию. Пpи чиcлeннocти cтpaны 150 млн чeлoвeк, пeнcиoнepoв 40млн, тpyдocпocoбнoe нaceлeниe: 40 млн бюджeтники, 40 млн( из ниx 20 млн paбoтaют в тeнeвoй экoнoмикe), тaк вoт из 120 млн чeл тoлькo пoлoвинa, в лyчшeм cлyчae, бyдeт дeлaть pacчeты кpиптoвaлютoй. Пoчeмy? Пoлитикa cтpaны. Пoэтoмy, в нaшeй cтpaнe, дa, в кopпopaтивнoм ceктope пo тpaнзaкциям мoжeт быть пpoceдaниe, a oбcлyживaниe нaceлeния, вклaды были ecть и бyдyт.
magneto
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May 08, 2018, 09:04:15 AM
 #48

I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post

There's a distinction between central banks and commercial banks, the latter of which is the services that you use on a daily basis, and I'm pretty sure that you're talking about the second one here.

I don't think that banks would ever be "eradicated" or even be replaced by crypto. The two is completely compatible. If you choose to store fiat in the bank, so be it. That's your choice, even though it's probably not so good of a choice over the long run.

There are even bitcoin banks popping up, which in my opinion is completely redundant considering the fact that BTC doesn't need third parties. Bitcoin simply offers an alternative to that. It has no intermediaries or central entity, which some people would definitely prefer over the fiat banking system.
Harrisonimo
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May 08, 2018, 11:08:33 AM
 #49

I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?

It is not really about being embittered with the banks alone but government policies too. A lot of opportunities are meant to be made available by the banks but because of the government backings, they are only exploiting their Customers and not really creating the enabling environment of helping to create wealth; but they do this well for themselves.
Wilsonong222 (OP)
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May 08, 2018, 12:14:48 PM
 #50

The difference is just in decentralization and centralization. Those who are already comfortable with the decentralized system will try to desire cryptocurrency can able to replace traditional banks because with cryptocurrency on the grounds and the have the reason ryptocurrency is easier to use rather than bank. But until now I want cryptocurrency and banks can co-exist because banks and cryptocurrency are very useful for me. I cannot feel what I've got in cryptocurrency if there's no bank, I need the bank as a medium to bring my income. I guess those who want cryptocurrency to replace banks are those living in countries that accept bitcoins so they can easily take money from bitcoin like in bitcoin ATM or the other media that support cryptocurrency.

I agree with you my friend; actually both can co-exist to bring more prosperity to the people. I’m not economic expert but in my opinion these two entities has great potential if they team up. There’s no reason to argue who’s the best for the people.

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Shanmatthew
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May 08, 2018, 12:48:59 PM
 #51

I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?

Just because they want to compare what is the best  that give more profit in the future.this argue bank in crypto is I can say that its better to put some profit in bank for safe in then other is invest,but a little bit capital only.then if you gain another profit in you're investment save again you're new profits in the bank.bank is no risk when you put all you're saving than to invest  that have a big risk.
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May 08, 2018, 01:07:35 PM
 #52

I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
I am not against in banks. Banks are good venue for a secured safe keeping of our money. We can also invest in banks, only that it has a low rate of return. Unlike investment in crypto which has a big rate of return yet, very risky,
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May 08, 2018, 01:10:51 PM
 #53

I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?

Your post is not much better, "to that extent". Anyway, there's no accounting for tastes, though the truth is there's a lot of reason behind all the grumbling and complaining about banks. Simply put, your money in a bank is not your money anymore. They can block your account under some ill-cooked excuse or the other, which to you would mean stealing your money from you, plain and simple. When you have crypto in your desktop or paper wallet, your coins belong to you only. No one can take them from you, either by mistake or intentionally.

Many people kind of know that but they start to really understand this thing only when their own skin is in the game. When your or your friends' money has been blocked or arrested, or even confiscated for whatever reason, you quickly start to love crypto and the advantages it offers over the state money.
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May 08, 2018, 01:18:10 PM
 #54

the discussion about banking is one of my favourite topics in this forum. Well, talking about the comparison between banks and cryptocurrency is certainly very different. Banks are governed by governments in a country, they have all the permissions to perform the functions and spread the facilities they offer. While cryptocurrency, not fully supported by the entire world government because there are also countries that oppose this technology. Surely at this time, banks are still above the wind because they are held by the government while cryptocurrency is still in the development stage.
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May 08, 2018, 01:48:02 PM
 #55

I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?

Yes, very. In our time we still need our banks to do something for us. Like if we buy a mortgage for our homes. Can you buy a house in cash? No? Then shut up.
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May 08, 2018, 01:53:26 PM
 #56

This is not fully right, becouse banks are just making their money, just same as we are making our here. But they will learn how to stand even in crypto economy =)

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May 08, 2018, 01:59:48 PM
 #57

Everyone know if you want a safe money you will put in a bank acount. For me I think that is one of the best decisions ever. Because if your money is in your hand. You can lose your money easily.  but when it comes to obtaining a good profit.  Just put your money in investment
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May 08, 2018, 02:14:09 PM
 #58

Well you know there is nothing wrong with banks or cryptocurrencies and all the people who support them but the thing is the bank and the government sector are opposing the cryptocurrency in a manner that is not fit they are doing that using all their power and eradicating the cryptocurrency this is what is driving the people insane.
Without any fair warning the cryptocurrencies are getting banned and also the usage is getting Limited and that's all because of banks and the big personalities which is causing the price of cryptocurrencies to decline in many countries and all the investors can't do anything instead of being bitter about them.

Banks are important no doubt so are the cryptocurrencies but its not being treated equally and fairly around the world since most of the world is dominated by banks there is no fault of people they are just simple investors.

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May 08, 2018, 02:26:53 PM
 #59

As long as the bank has not been replaced by crypto and its technology then I would not feel tired to continue to compare banks and crypto so that more people realize after reading this post that crypto is present to spray the banking system that has been detrimental to many people.
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May 08, 2018, 02:35:18 PM
 #60

Not realy feeling bitter but already realized that your investment in the bank is just a keepsafe but not growing, in other word you just keep it for security, but the banks benefited more from your money. Therefore if you want to see real profits, this time crypto world has a lot to offer
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