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Topic: Banks to start trading crypto sooner - page 4. (Read 1111 times)

newbie
Activity: 140
Merit: 0
August 07, 2018, 11:03:20 PM
Yes!!!
More and more companies are starting to flock to electronic money !!!
Currently many banks have started trading Bitcoin !!!
That is a wonderful thing!!!
jr. member
Activity: 112
Merit: 1
August 07, 2018, 10:56:47 PM
I assume with bitcoin change rates still in a horrific duration, traders should at once purchase as many bitcoins as possible open up possibilities for achievement due to the fact they may be enough to maintain the asset with patience to make it manifest later.
newbie
Activity: 20
Merit: 0
July 31, 2018, 11:26:42 PM
I don't think staying away from Bitcoin or crypto is good for banks, so yes, I guess they will start playing the lucrative game soon. Looks like they are still working on their own rules of the game Wink But when they join, it should be more exciting.  Cool
newbie
Activity: 112
Merit: 0
July 31, 2018, 10:34:52 PM
I think that in the near future banks will accept and support the crypto world can be legal and further development in the future, if there is support from the bank then the bitcoin will play develop better
member
Activity: 523
Merit: 10
YOUC - https://www.youengine.io/
July 31, 2018, 09:42:14 PM
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


If bank start to trading crypto, i think they will accepting cryptocurrency deposit too in the future.
But if that happening, maybe the cryptocurrency value will spiking again like last year in dec 2017.
newbie
Activity: 140
Merit: 0
July 31, 2018, 05:41:59 PM
As it's very hard to cout anything about this because there are many different types of rumors about it.So what i think is that no bank would do that because it surly directly affect the bank's business and also affect the national currency and no bank would like to devalue the national currency which cause major loss to them.And one more thing is that the terms and conditions are always there for every bank which don't allow them to do so.
jr. member
Activity: 252
Merit: 2
"I invest and Doing Bounty Campaign"
July 30, 2018, 11:27:45 AM
Yeah there are so many reports about banks start to adapt cryptocurrency and i still figure out if here in our local would banks offer cryptocurrency loan or any that could let us earn on it. As i have checked lately banks are still waiting for a go signal for them and they are still having some issue on technical aspects. So here in our local bank would have some delays on the implementation. For now they will accept fiat and they will forward it to the local exchange where you can exchange your fiat to crypto.
sr. member
Activity: 1372
Merit: 261
July 30, 2018, 11:25:20 AM
I hope so, because the main enemy of cryptocurrencies are the banks. But I do believe that it will become stable soon, we cannot force people to use cryptocurrency and we cannot force them to use banks, but in overall for me, using cryptocurrencies is really better and let's hope that Banks will start to trade cryptocurrencies.
Completely nonsense! This is impossible to happen. Banks will never do that, because banks are against to bitcoin, because bitcoin is a great threat to fiat currency. Banks and Government are linked to each other, and as what we know, government really hates bitcoin, because they cant control or manipulate it, and also they cant get something on it, not like fiat that they can put tax.
member
Activity: 462
Merit: 10
July 30, 2018, 11:01:57 AM
This is very beneficial for crypto investors and their users. This is a good step and every crypto holder or trader facilitate through this procedure. Smiley
newbie
Activity: 56
Merit: 0
July 30, 2018, 10:53:35 AM
I think this can not be avoided, everything went to this in 2016 when they began to learn about the crypto currency.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
July 30, 2018, 10:44:18 AM
somehow, I am not sure about this. and if banks want to start trading, then the government will get involved in the market, we can see that there will be many manipulations of the price and not just the whales that can do manipulate the price but the governments will also try to do this. the governments have an unlimited source to manipulate the price and maybe in that time, there will be a war between the governments, in this case, represented by the bank and with the whales. maybe it will interesting to know more about this.
sr. member
Activity: 532
Merit: 250
July 30, 2018, 01:12:04 AM
If and when banks start working with crypto, this moment will become the starting point in the flight of the prices to the moon.
newbie
Activity: 17
Merit: 0
July 30, 2018, 12:27:01 AM
This could make a complicated system for them for both crypto and centralized currency
newbie
Activity: 98
Merit: 0
July 30, 2018, 12:06:22 AM
The attitude of banks to the crypto currency will depend on the direct, from how most states will accept the crypto currency and fix it.
member
Activity: 150
Merit: 10
July 29, 2018, 11:56:05 PM
Well, banks trading in cryptos will be a great news to the crypto world.  This means that, some banks believe cryptocurrency is the revolution to the world financial system.
sr. member
Activity: 616
Merit: 262
July 29, 2018, 11:38:35 PM
i dont think that bank will use cryptocurrecncies in theirs system, as i know that bank is want to use the blockchain system, because they think that blockcahin is the newest and perfect system for right now, right now bank in my country is do some research about blockchain and maybe they will use blockchain in the future

It's not about using cryptocurrencies themselves but trading it. I think some banks are already trading cryptocurrencies because as what we saw last year, J.P. Morgan talk negatively about bitcoin which has created a FUD and makes the price go down only to find out later on that they have bought when it is cheaper so it is their strategy. Banks may not accept cryptocurrencies but they are already trading it because they have so much funds and they don't want to just let this opportunity pass without taking advantage of it.
member
Activity: 448
Merit: 21
July 29, 2018, 11:37:11 PM
I don't believe anyone who is a very big person or not. Reddit co-founder made a statement that Ethereum will hit 15K USD in this year, Someone very big person claimed bitcoin will hit 40K USD, Now Sir Jp saying Banks will start trading sooner!

It's not possible in this year or the next year. They should stop making fake hype. Though everytime is the right time to invest in bitcoin when it is only 8K USD now. But those news can't attract me anymore.
sr. member
Activity: 854
Merit: 281
July 29, 2018, 11:35:01 PM
I wouldn't be shocked if banks were already secretly trading and perhaps even accumulating cryptocurrencies. I have a hard time believing that with all of the money that has been made in cryptocurrencies, banks have stubbornly ignored the industry. I think the market caps have grown enough to get them involved.
full member
Activity: 350
Merit: 100
July 29, 2018, 11:31:16 PM
i dont think that bank will use cryptocurrecncies in theirs system, as i know that bank is want to use the blockchain system, because they think that blockcahin is the newest and perfect system for right now, right now bank in my country is do some research about blockchain and maybe they will use blockchain in the future
legendary
Activity: 2338
Merit: 1354
CoinPoker.com
July 29, 2018, 11:29:18 PM
I hope so, because the main enemy of cryptocurrencies are the banks. But I do believe that it will become stable soon, we cannot force people to use cryptocurrency and we cannot force them to use banks, but in overall for me, using cryptocurrencies is really better and let's hope that Banks will start to trade cryptocurrencies.
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