Another Good news about bitcoin - page 9.

Flor1982

full member

Activity: 714

Merit: 100

Quote from: stompix on January 30, 2018, 11:28:17 AM

You know...news...means usually something recent.
That is from Feb 15, 2017.

And unfortunately, it's not a bank, it's just an exchange.
https://www.rt.com/business/376977-austria-first-bitcoin-bank/

Quote

It is designed to make buying and selling bitcoin easier and safer than other in-person options.
The ATM machines exchange bitcoin for euro, and vice versa. Customers can also get information about the virtual currency.

But anyhow, depositing your bitcoin in a bank...what's the point of doing that?
You already have the best bank at your disposal, your wallet, so why move your coins to a 3rd party that might just run with them?

If bitcoin or the altcoins will having a banks then this is good because our Bitcoin will be 100% safe, insured and will earned annual interest in which same benefits with our local money in the banks but i think this bitcoin bank did not exist because as what you have said this is not a news anymore but more on clipping especially that most of the banks are against Bitcoin today.

rerek007

newbie

Activity: 126

Merit: 0

Quote from: gambitcoin53 on January 30, 2018, 10:18:57 AM

Recently, the world's first ever Bitcoin bank

http://kryptomoney.com/worlds-first-bitcoin-bank/

Bitcoin has been improving since it started its first trade and now this great news, bitcoin will soon be here to stay, what can you say about this great news?

Will it support the growth of bitcoin as far as stability is concern?

Everyday for me is a good news about bitcoin especially when the price is too high I can't wait for it

CHENIEN

member

Activity: 616

Merit: 11

Decentralized Ascending Auctions on Blockchain

Maybe this particular question talking about bitcoin bank, are all about banks transaction on bitcoin. I don't ever heard or seen in my hometown any bitcoin bank, but talking about banks accepting widrawals transactions through ATM by using wallets, and yet it is really true. Although bitcoin good news are strongly standing globally, even there are some negative issues about bitcoin but still bitcoin continued the total operation and which a lot of people benifited and resulting it into a good news which many people became stable in terms of financial status.

gambitcoin53

member

Activity: 378

Merit: 25

Quote from: stompix on January 30, 2018, 11:28:17 AM

You know...news...means usually something recent.
That is from Feb 15, 2017.

And unfortunately, it's not a bank, it's just an exchange.
https://www.rt.com/business/376977-austria-first-bitcoin-bank/

Quote

It is designed to make buying and selling bitcoin easier and safer than other in-person options.
The ATM machines exchange bitcoin for euro, and vice versa. Customers can also get information about the virtual currency.

But anyhow, depositing your bitcoin in a bank...what's the point of doing that?
You already have the best bank at your disposal, your wallet, so why move your coins to a 3rd party that might just run with them?

edited: thanks to stompix

the word "recent" doesn't always means that this news is current, yes it was dated feb 2017, but the fact that it was the first bitcoin bank that was ever formed and i dont know when if others followed after it was formed in feb 2017, i cannot argue with terminologies anymore. sorry my bad.

it was owned by a blockchain company but that does not mean it is a blockchain and not a bank, it was formed to be a bank to make easy and safe buying and selling of bitcoins. even wallets are backed up by a bank, you need a 3rd party for bitcoin to create traffic and gain popularity and trust. as the saying goes "no man is an island".

SixOfFive

sr. member

Activity: 630

Merit: 257

There is nothing called BANK exists in crypto-world.
The one you are saying is a exchange. Another So called crypto-banks providing loans are Just private Lenders not bank. Bank is a institution that control the money in circulation and take responsibility of your deposited fund. But none of these crypto-banks take the responsibility of our funds.

Rinsend

sr. member

Activity: 784

Merit: 262

AZBI NETWORK - Multichain system

bitcoin has now become the world's attention.
many who study it and some who do not want to know about this,
but on the other hand for countries that have a reflection of their future begin to legalize bitcoin and make plans to have the advantage of its users.
and this will definitely push up the bitcoin price

jmiro1

member

Activity: 235

Merit: 11

The idea of a decentralized online currency was to say "No" to banks (more or less). So, I don't think it's "another good news". And by the looks of that link, I don't think it's a bank, it's like an exchange. Although it makes some sense since, I think the exchanges are like a bank in crypto world.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

You know...news...means usually something recent.
That is from Feb 15, 2017.

And unfortunately, it's not a bank, it's just an exchange.
https://www.rt.com/business/376977-austria-first-bitcoin-bank/

Quote

It is designed to make buying and selling bitcoin easier and safer than other in-person options.
The ATM machines exchange bitcoin for euro, and vice versa. Customers can also get information about the virtual currency.

But anyhow, depositing your bitcoin in a bank...what's the point of doing that?
You already have the best bank at your disposal, your wallet, so why move your coins to a 3rd party that might just run with them?

gambitcoin53

member

Activity: 378

Merit: 25

Recently, the world's first ever Bitcoin bank

http://kryptomoney.com/worlds-first-bitcoin-bank/

Bitcoin has been improving since it started its first trade and now this great news, bitcoin will soon be here to stay, what can you say about this great news?

Will it support the growth of bitcoin as far as stability is concern?

Topic: Another Good news about bitcoin - page 9. (Read 1053 times)