Bitcoin Bank??? - page 14. | Bitcointalksearch.org

pinkpanther03

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Quote from: michietn94 on December 03, 2015, 10:23:42 PM

IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?

If you are asking to put our bitcoin into bank, No! I won't gonna do that, Bitcoin is more than a bank actually.. So why would I? Its not advisable for a bitcoin enthusiast save our bitcoin in any bank.

Gasturcas

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Quote from: bitdumper on September 05, 2016, 01:27:38 PM

Bitcoin if merged with banks then it will destry its own propertys like anonymity or multicurrency exchange bwcause bank will charge extra tax and tike for using these features it is like bounding btc in chaines btc will not be free once be with them

In that case, you can use the Monero or ZCash. Or you can use some bitcoin with the banks and save the rest in your own pocket.

bitdumper

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One world One currency, Bitcoin.

Bitcoin if merged with banks then it will destry its own propertys like anonymity or multicurrency exchange bwcause bank will charge extra tax and tike for using these features it is like bounding btc in chaines btc will not be free once be with them

socks435

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Quote from: springgers on September 05, 2016, 01:15:51 PM

No real banks in the current time, There are some risky investment as far as I know but no safe investment or a real bank, Just minor HYIP's claiming to be banks and not doing any lending to get the interest, I think a real bank is something that should happen with bitcoins sometime soon.

Yeah i never heard that there is a bank that accepting bitcoin. but there is a BITCOIN ATM's just like here in my country we have that bitcoin atm that you can buy bitcoins or convert it to fiat fast and easy..

springgers

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No real banks in the current time, There are some risky investment as far as I know but no safe investment or a real bank, Just minor HYIP's claiming to be banks and not doing any lending to get the interest, I think a real bank is something that should happen with bitcoins sometime soon.

agamasrori

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I don't think that we need bitcoin bank. I use bitcoin because I want to avoid bank system. Bitcoin system is the future and bank system is the past. I trust that in the future more people will use bitcoin. And the price will always rise.

Labumi

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Quote from: danherbias07 on September 03, 2016, 07:43:15 AM

Quote from: Tatalk on September 03, 2016, 07:24:52 AM

Quote from: Nimbulan on August 18, 2016, 02:15:38 PM

Quote from: krishna1 on August 18, 2016, 12:10:36 PM

i had seen some online wallets which pays intrest if we keep our money in them for months their intrest rate are low but the big question is are they trusted enough if anybody put their money then i will be gone forever because they do not provide the exact work

though im afraid to put money into such wallets because i have a strong feeling that most of them might turn to just a scam that will rob me

That is the reason why we need proper bitcoin banks operated like the conventional banks, and they are insured.

Insurance would be a problem for bitcoin is decentralized. That is why it is for courageous people who can risk their money. If it loses its value then you just have to take it.

I think that bitcoin will not be able to get it. Because the currency is bitcoin anonymous and it is very difficult to guess who is doing any transactions that occur. So if there are insurance then I make sure the insurance company is going to get huge losses or they will not benefit. Because they can not get things the same as insurance in the bank kovensional

danherbias07

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Quote from: Tatalk on September 03, 2016, 07:24:52 AM

Quote from: Nimbulan on August 18, 2016, 02:15:38 PM

Quote from: krishna1 on August 18, 2016, 12:10:36 PM

i had seen some online wallets which pays intrest if we keep our money in them for months their intrest rate are low but the big question is are they trusted enough if anybody put their money then i will be gone forever because they do not provide the exact work

though im afraid to put money into such wallets because i have a strong feeling that most of them might turn to just a scam that will rob me

That is the reason why we need proper bitcoin banks operated like the conventional banks, and they are insured.

Insurance would be a problem for bitcoin is decentralized. That is why it is for courageous people who can risk their money. If it loses its value then you just have to take it.

Tatalk

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Quote from: Nimbulan on August 18, 2016, 02:15:38 PM

Quote from: krishna1 on August 18, 2016, 12:10:36 PM

i had seen some online wallets which pays intrest if we keep our money in them for months their intrest rate are low but the big question is are they trusted enough if anybody put their money then i will be gone forever because they do not provide the exact work

though im afraid to put money into such wallets because i have a strong feeling that most of them might turn to just a scam that will rob me

That is the reason why we need proper bitcoin banks operated like the conventional banks, and they are insured.

Nimbulan

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Quote from: krishna1 on August 18, 2016, 12:10:36 PM

i had seen some online wallets which pays intrest if we keep our money in them for months their intrest rate are low but the big question is are they trusted enough if anybody put their money then i will be gone forever because they do not provide the exact work

though im afraid to put money into such wallets because i have a strong feeling that most of them might turn to just a scam that will rob me

MingLee

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Quote from: krishna1 on August 18, 2016, 12:10:36 PM

i had seen some online wallets which pays intrest if we keep our money in them for months their intrest rate are low but the big question is are they trusted enough if anybody put their money then i will be gone forever because they do not provide the exact work

I'll just comment on the low interest rates; most banks in real life are giving interest rates somewhere within the realm of 0.550% for most decently-sized bank accounts. Most banks don't remotely go close to 1% or anything remotely close to that, so I'd just write those off.

Personally, I don't trust any Bitcoin banks that advertise any interest rate that is actually a decent number >0.250%. Chances are they are a scam, but I can't guarantee any of that. I haven't heard of anyone using one of the existing banks though.

krishna1

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i had seen some online wallets which pays intrest if we keep our money in them for months their intrest rate are low but the big question is are they trusted enough if anybody put their money then i will be gone forever because they do not provide the exact work

xIIImaL

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Quote from: danherbias07 on August 18, 2016, 07:44:13 AM

Quote from: bitsoldiers on August 18, 2016, 03:20:04 AM

Quote from: fastdice_alchemist on December 03, 2015, 10:46:48 PM

I don't really understand what you're getting at. People that use bitcoin probably wouldn't want a bitcoin bank because it destroys the decentralized nature of bitcoin. And also if you have your own wallet and address, you can be your own bank.

You are right exactly..when you have an online btc wallet and address, you are bank of your own and its save and secure..

I thought it was a joke first when someone introduced me this. When I tried it and have knowledge in it, that is when the time I told myself it is true that you are like the manager of your own bank.

Yeah we are the managers for our own wallet but we should take our from scammers who have created site same like our wallet site. Once I had a experience like that and all my money went from my wallet. So be careful bro.

garundang

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we aren't going to get bitcoin bank anytime soon, but in future, yes.

danherbias07

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Quote from: bitsoldiers on August 18, 2016, 03:20:04 AM

Quote from: fastdice_alchemist on December 03, 2015, 10:46:48 PM

I don't really understand what you're getting at. People that use bitcoin probably wouldn't want a bitcoin bank because it destroys the decentralized nature of bitcoin. And also if you have your own wallet and address, you can be your own bank.

You are right exactly..when you have an online btc wallet and address, you are bank of your own and its save and secure..

I thought it was a joke first when someone introduced me this. When I tried it and have knowledge in it, that is when the time I told myself it is true that you are like the manager of your own bank.

ObscureBean

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Quote from: PeRo on July 16, 2016, 02:36:12 PM

I do not get why do you want a Bitcoin bank. It would totally break the nature and point of Bitcoins. It is decentrialized, and everyone would like it to stay the way it is right now. Implementing a Bank would result losing most of Bitcoin users and probably losing a lot on the price. It would probably be the end of Bitcoin.

Bitcoin and banks both have advantages and disadvantages, Bitcoin is not perfect and banks are not all bad. It's not hard to imagine why people might want to have the best of both worlds. Personally I think all the fuss about centralization has been blown out of proportion. I think it's kind of a bit double-faced to badmouth banks while still fully relying on them for everything. I don't see why a hybrid Bitcoin-bank would be such an aberration.

bitsoldiers

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Quote from: fastdice_alchemist on December 03, 2015, 10:46:48 PM

I don't really understand what you're getting at. People that use bitcoin probably wouldn't want a bitcoin bank because it destroys the decentralized nature of bitcoin. And also if you have your own wallet and address, you can be your own bank.

You are right exactly..when you have an online btc wallet and address, you are bank of your own and its save and secure..

1Referee

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Quote from: bravehearth0319 on August 09, 2016, 12:36:47 AM

As for me Bitcoin is already a bank, well that just in my opinion. Why I said that? It is because like what I'm doing right now I put all my bitcoins in my bitcoin core and multibit wallet just like a bank, which very secured that anytime I need it I can encash it whatever I want. So bitcoin bank wont never be happen I think. Embarrassed

There is practically no need for a Bitcoin related bank as exchanges can basically do everything themselves. Loans, interest on deposits, debit card, etc. Having said that, I am happy that I own what I have in full with Bitcoin. I will never use a Bitcoin bank, or any other service that allows me to earn interest on the coins I store there. I am the boss over my money, and that will not change. Even not if I got offered a more than decent interest rate.

Tatalk

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Quote from: ASHLIUSZ on August 09, 2016, 05:11:47 AM

Quote from: JeffBrad12 on August 09, 2016, 01:52:16 AM

Quote from: bitdumper on August 03, 2016, 11:27:43 AM

bitcoin and bank both are two opposit enemy systems.we are now developed but on ancient age bank made the money system and it rules till 2009
but now we are at 2016 with virtual currency and without givernment controlling us

If you wanna using some of your effort to understand about the fact is happened in our life, the system of bitcoin is not opposite with bank. in this time the bank is realized about they can take some system from the bitcoin and implement or adopt it into their system and it's starting for now. we need to open the eyes in this time, not all of the opposite things always becomes an opposite forever.

Banks are very tentative, when it comes to bitcoin, they have a lot to lose, sometimes not much. Banks do not want something like that to happen. Bitcoin is like gold, it's very nature is contrary to what current banking practice is.

There is limited supply of the bitcoin. So there will not be big inflation and big over investment in the assets like the fiats.

ASHLIUSZ

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Quote from: JeffBrad12 on August 09, 2016, 01:52:16 AM

Quote from: bitdumper on August 03, 2016, 11:27:43 AM

bitcoin and bank both are two opposit enemy systems.we are now developed but on ancient age bank made the money system and it rules till 2009
but now we are at 2016 with virtual currency and without givernment controlling us

If you wanna using some of your effort to understand about the fact is happened in our life, the system of bitcoin is not opposite with bank. in this time the bank is realized about they can take some system from the bitcoin and implement or adopt it into their system and it's starting for now. we need to open the eyes in this time, not all of the opposite things always becomes an opposite forever.

Banks are very tentative, when it comes to bitcoin, they have a lot to lose, sometimes not much. Banks do not want something like that to happen. Bitcoin is like gold, it's very nature is contrary to what current banking practice is.

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