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Topic: Banks to start trading crypto sooner - page 3. (Read 1111 times)

full member
Activity: 420
Merit: 101
November 17, 2018, 07:26:05 PM
Bank will definitely go into the technology sooner or later, they knew what is happening behind the scene and they will not let crytocurrency just move around and watch it. They will have there fair share in the market for manipulation. They have the resources and the brain. If bitcoin will be push by many people and will be streamline, I just don't know how they could have their share to manipulate it as it is decentralize.
jr. member
Activity: 98
Merit: 1
November 17, 2018, 06:47:09 PM
I think with bitcoin exchange rates still in a bad period, traders should immediately buy as many bitcoins as possible open up opportunities for success because they are enough to hold the asset with patience to make it happen later.
With proper legislation and regulations, I believe the banks would readily accept bitcoin for trading sooner than later. The reality is that the world of crypto and for that matter, bitcoin would surely be the future currency for all business transactions.
jr. member
Activity: 182
Merit: 1
Looking to the future and control myself
September 13, 2018, 11:26:56 AM
that a great news, the bitcoin have accepted by many organization, like the banks hehe.
now the world has realize the benifits of bitcoin, and the future i think bitcoin will be accepted popular in the world
full member
Activity: 434
Merit: 100
September 13, 2018, 10:51:54 AM
Then that will be a good news since we know that banks don't really like cryptocurrencies since the start. Banks feel that cryptocurrencies are really a threat to them that anytime soon, cryptocurrencies can overpower the banks just like what happened to email and postal services.
newbie
Activity: 4
Merit: 0
September 13, 2018, 07:54:42 AM
to start with crypto currency. Not only trade but they want to introduce custodian services and manage crypto portfolio services as well. However, the challenge is the current legal framework. While countries like Germany and Japan have shown a truly progressive mindset, many countries are still unsure about how to react to all of these crypto currencies. That is what prevents banks from entering the crypto market. But I know that once this happened, and they began to open their own exchanges which were supported by the full confidence and trust of their big names. I know that it will lead to more adoption and increasing prices for bitcoin
jr. member
Activity: 252
Merit: 1
September 13, 2018, 07:43:48 AM
banks are always interested to invest their idle funds to mange the cost of borrowing funds and as a new source cryptocurrencies will be sonn added to banks portfoilo.


adding new service that make money. wont hurt right..
full member
Activity: 490
Merit: 100
September 13, 2018, 07:16:27 AM
I like the possibility of banks to trade cryptocurrency it sound so good to me even when it is mere speculation. According to the JPMorgan spokes person, this could happen sooner than we expected. I know that cryptocurrency is the future of the global financial transaction where both corporate bodies and individual will embrace blockchain for their businesses. Cryptocurrecies will bring massive business and with its scalability confirmation of transactions will be faster than what is obtainable with the conventional transfer through banks. It will be also beneficial to all as elimination of third party will save the transaction charges on P2P .  
newbie
Activity: 12
Merit: 0
September 13, 2018, 07:10:50 AM
I like that some European banks are starting to give out loans in bitcoin without a credit history. By the p2p rating
member
Activity: 272
Merit: 10
September 13, 2018, 07:09:00 AM
For any business to stay relevant and still make profit, it must adopt new innovations to meet the present need of the customers. For banks to maximize profit in the coming days, they will have to support Crypto.
newbie
Activity: 58
Merit: 0
September 13, 2018, 07:03:46 AM
Bitcoin starts to gain popularity and support and if this will continue, no doubt the market will rise again, not only for bitcoin but as well as the altcoins. I'm quite surprised that some banks now accept and trade bitcoin but the majority still doesn't.
newbie
Activity: 252
Merit: 0
September 13, 2018, 06:53:48 AM
Undoubtedly this will happen banks will start trading crypts only when it will, While it is impossible to say for sure, this can happen before the end of this year or in a year or two. Crypto currency and blocking is no longer the future, it is already real, it starts to surround on all sides. So be ready, who will go faster that will earn more.
newbie
Activity: 2
Merit: 0
September 13, 2018, 06:39:14 AM
Yes I would support the Idea of it,  it would a great movement in crypto
newbie
Activity: 126
Merit: 0
September 13, 2018, 06:36:02 AM
That could be a future possibility that banks are to start trading crypto sooner,this is because banking is a financial business ,and if cryptos will be spreading worldwide then the banks will also adopt this technology of trading cryptos in the future.
full member
Activity: 342
Merit: 100
September 13, 2018, 06:00:52 AM
No, not going to happen any time soon. As of now, the sentiment is negative throughout the market and no way in this world banks would ever start accepting crypto trading. Even in countries like India this has been banned.
newbie
Activity: 45
Merit: 0
September 13, 2018, 05:34:22 AM
There is no doubt that crypto prices will increase and there will be abundant investors and customers. Currency organizations around the world have begun to understand the crypto world. This is a good opportunity for those who want to invest.
newbie
Activity: 108
Merit: 0
September 06, 2018, 08:50:24 AM
I think that in the near future banks will accept and support crypto world sooner.can legal and further develoment in the future if there is support to bank and better than.
newbie
Activity: 24
Merit: 0
September 06, 2018, 08:30:14 AM
This could make a complicated system for them for both crypto and centralized currency
I do not know if here in the Philippines banks will going to accept cyrpto and will going to start trading soon. It seems it is not clear for now because the banks are enjoying already the cryptocurrency system because these banks are being use as a third party for the local exchange. The banks are somehow an option to invest on cryptocurrency after you apply for an online transaction and payment will be thru banks.
full member
Activity: 742
Merit: 103
September 06, 2018, 08:25:42 AM
Banks will trade cryptocurrency sooner than people think, says former JPMorgan blockchain executive. If you are thinking to buy some bitcoins, it is right time as prices will go up soon.

Source: https://www.cnbc.com/2018/05/18/banks-could-start-trading-crypto-soon-says-fmr-jpmorgan-executive.html

For some reason I did not even doubt for one minute that ultimately the banking system would actively promote the trade in crypto currencies.
member
Activity: 321
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
September 06, 2018, 08:18:38 AM
I have read the information you have shared but it seems that it will never become true, at least not in the nearest future. to my mind, it is better to trade on your own sticking to the long-term strategy
member
Activity: 462
Merit: 14
September 06, 2018, 08:10:25 AM
Banks will trade cryptocurrency sooner than people think, says former JPMorgan blockchain executive. If you are thinking to buy some bitcoins, it is right time as prices will go up soon.

Source: https://www.cnbc.com/2018/05/18/banks-could-start-trading-crypto-soon-says-fmr-jpmorgan-executive.html

I do not know if here in the Philippines banks will going to accept cyrpto and will going to start trading soon. It seems it is not clear for now because the banks are enjoying already the cryptocurrency system because these banks are being use as a third party for the local exchange. The banks are somehow an option to invest on cryptocurrency after you apply for an online transaction and payment will be thru banks.
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