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Author Topic: Feeling bitter in banks?  (Read 1024 times)
sublime5447
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June 15, 2018, 05:50:19 PM
 #221

indeed I also have read several times about posting like this. they always compare between banks with cryptocurrency. I myself, feel I will invest some money in cryptocurrency than in the bank. because dibank, we just save it without being able to have a profit, and usually the money is often taken for interest. different if we invest in cryptocurrency, besides can be saved, in cryptocurrency always get profit, if price of cryptocurrency have gone up from initial price invested.
no matter how we compare them, things will never change that there are sectors and group of people who will just believe in banks, and those who proven how helpful BTC will always fight for BTC, we just stand on what we know at all.
Hahahhaha I agree with you. Why should we be concerned with the comparison? If we keep comparing it would be endless because no one will give up from both sides.
We believe in what we choose better, bank or bitcoin/crypto. With it we will be more confident to run what we believe, the bank or bitcoin/crypto.
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June 15, 2018, 06:07:15 PM
 #222

Banks and crypto are two different forms and ways, some people choose bank and they are confident to put their money into it even though the interest is small while other choose crypto to gain more profit.
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June 15, 2018, 06:49:51 PM
 #223

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?
Bank huh? Hmm it seems the bank isn’t a good place to save money because bank provides only small profit for us. If we save our money in the bank maybe our money selling value will decrease because of the fluctuation of law in every country’s currency.
And if the bank goes bankrupt the money we save cannot be withdrew completely it’s very troublesome thing.


Banks will not responsible for any other cryptocurrencies because they had the original one country currencies so they will not come to accept cryptocurrencies into a situation but in future it can be changed so because no guarantees are more developing currencies that's why I am saying this.
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June 15, 2018, 07:30:44 PM
 #224

well i am also one of them i do not like banks but i do not want them to completely wipe out from their existence. For me physical currency and virtual currency are both necessary right now. We need the centralized and De-centralized system and make changes to out life. nowadays everyone got a choice which was not available in later time. SO it will trigger everyone and we will get the future currency or a complete new system and a new way of thinking.
winterland
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June 15, 2018, 09:11:09 PM
 #225

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'm not tired of this and I do not think that many people that make those kind of posts are bitter against banks but even if they were, what is wrong with that? The original purpose of banks of facilitating loans and to keep your money secure made sense back in the day, but they took that power to themselves and the world will be noticeable better if their power was limited.
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June 15, 2018, 09:20:39 PM
 #226

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?
Somehow yes, I am do entirely tired of reading same posts of those people stating their hatred and hard feelings towards banking systems in which they do just always do comparison between the capability of banks on putting up a small amount of profit from a real small percentage of interest that can be gained every year. We must know that when we put up our money into banks, we must not expect that our money can grow up into a larger one because banks are just like establishment secured for storing and saving up your money in which businessman behind these banks do use into business purposes and putting back a little bit of appreciation through interests offered by their services. Also, crypto and banks are a way too far from each other due to the fact that this two are different thing from each other.
The existence of cryptocurrencies is a threat to the existence of banks. Cryptocurrencies have taken from banks a monopoly on the issue of money. It is a war of worldviews and technologies. But the victory will be for the crypt) Cool

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valentinen39
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June 15, 2018, 09:26:10 PM
 #227

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?

Bitterness coming from banks is just normal because they will not earn a huge amount of profit if most of the people will be planning to place their money on cryptocurrency more than on banks which every government are getting their fund and that is how the economy is being affected by cryptocurrency.
sevenbits
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June 15, 2018, 10:19:34 PM
 #228

I can agree that comparing banks and crypts is like comparing horses and cars. Those goals for which banks were once created were long ago out of date. Banks are a technologically obsolete element of a financial system that is long overdue to change.
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June 16, 2018, 12:16:10 PM
 #229

I’m tired of seeing posts that has to do with Bitcoin VS Banks,  it’s an old thing and is boring. No matter how much you choose to be comparing banks and cryptocurrency, one thing for sure is that they will never get to replace banks, banks will still be there and will still be in charge.

By the way, banks are very important and I don’t know why anyone would be worried about them, except that you’re a criminal looking for a way to carry out your activities without being noticed.
Gheka
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June 16, 2018, 01:54:41 PM
 #230

I’m tired of seeing posts that has to do with Bitcoin VS Banks,  it’s an old thing and is boring. No matter how much you choose to be comparing banks and cryptocurrency, one thing for sure is that they will never get to replace banks, banks will still be there and will still be in charge.

By the way, banks are very important and I don’t know why anyone would be worried about them, except that you’re a criminal looking for a way to carry out your activities without being noticed.
Exactly, the comparison between bitcoin and bank is only for those who are silly and too idle in life, the chance for bitcoin to replace the bank is a zero, we have clearly recognized that bitcoin is a temporary investment, not a guarantee and forever as a bank. And the bank's primary purpose is to provide storage, money transfer and loan services, investing and receiving interest from savings are only secondary services, while the main purpose of investing money into bitcoin is to make money, purpose of both always have a big difference, comparison is meaningless

LuciferEveningStar
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June 16, 2018, 01:58:46 PM
 #231

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?

We all know that cryptocurrency is more profitable than banks and that is the reason why most of the people are preferring to invest on cryptocurrency more than placing their money on the banks,
Nyenyepogi
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June 16, 2018, 02:20:56 PM
 #232

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?
Because we can stored our money by converting it to bitcoin that is why they keep comparing bitcoin and banks, beside bitcoin can generate profit by holding it in our wallet while bank use our money to used to gain profit by their own.
sangungaji
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June 16, 2018, 02:44:19 PM
 #233

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 It is true, When we save money in the bank, we just keep it without expecting profit. Better to invest in bitcoin, we can expect profit. because it's a very profitable investment.
rat03gopoh
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June 16, 2018, 03:20:44 PM
 #234

You're right this is so boring. However the role of the bank that serves as a money store is very important in the world of crypto. Some crypto exchange sites have worked closely with banks for customer asset withdrawal services.

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talenah kotang
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June 16, 2018, 05:04:44 PM
 #235

Yes indeed so far many comparing it, in my opinion it is reasonable because bitcoin does provide a better alternative without interest and other cost reduction. indeed in today's bank must be changed .. priority convenience customers.
kristineirene
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June 21, 2018, 03:27:41 AM
 #236

All financial institution have capability to help either to save or to ruin the funds that you have.But setting up your funds in a bank you must gather first the information regarding for the bank that you well gonna use so that you can make sure that your funds well be in a good hand but set your expectation already that might encounter some problems.
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June 21, 2018, 05:37:51 AM
 #237

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?

Some peoples have experience on banks and cryptocurrency and they compare it. I think they just sharing their experience. Banks always charge us with high fee but not with crypto, we can make peer to peer transaction with faster and cheaper
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June 21, 2018, 05:52:58 AM
 #238

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?

Some peoples have experience on banks and cryptocurrency and they compare it. I think they just sharing their experience. Banks always charge us with high fee but not with crypto, we can make peer to peer transaction with faster and cheaper
It is not that I am not in favor with banks, I also love the idea of having bank as they were also have an advantage in the people and in the economy, so for me I would love to see bitcoin as growing in fast pace just like banks, but if I were to choose between the service and transactions of course I would prefer cryptocurrency.
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June 21, 2018, 05:55:38 AM
 #239

Cryptos are never going to take banks out of business. That's kind of naive to think. Not only do the majority of people not care about the evils of banks, and don't care about cryptos, but banks control large sums of money, and that money moves the world. They have a lot of power with their decision making, with the decisions politician makes. They can buy up all the crypto and dump them.
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July 08, 2018, 10:14:19 PM
 #240

The banks have two main disadvantages when it comes to the war against cryptocurrency the first one is the tax rate, or in other words, the interest rate involved, the banks only offer you an interest rate of 5 percent per annum however when you come to the cryptocurrency market that margin is given on a daily basis.
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