Bitcoin Bank??? - page 17. | Bitcointalksearch.org

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Quote from: Galiatram on June 08, 2016, 03:36:30 AM

What do we need a bitcoin bank i dont think that is a really smart idea. There are several ways to store your coins like on your own computer or just into a wallet i dont think banks are really needed.

I need a bitcoin bank so that I can borrow some money to buy some large things, for example, a house.

daringdiscovered

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I don't think it exist because it is different from how the banks work. And if there is a bitcoin bank then what is the reason why bitcoin wallets are created? Bitcoin wallets are our own bank and we have the responsibility to secure it. Bitcoin wallet is more convenient to use because you can send and receive anytime and anywhere you want.

Galiatram

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What do we need a bitcoin bank i dont think that is a really smart idea. There are several ways to store your coins like on your own computer or just into a wallet i dont think banks are really needed.

InsideBjorn

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i dont think that a bitcoin bank will be a very nice idea. Because there are allot of peole who just store their coins by them self and that is cheaper than when you let a bank watch your coins for sure.

MWesterweele

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Bitcoin doesnt need a specific bamk to earn daily or even yearly interest.Bitcoin wallets doesnt offer an interest on storing your bitcoins but bitcoins itself offers interest in your stored bitcoins.Because bitcoins price is not constang it changes from time to time it may decrease but sinces we are just 1 month away from halvig its sure that it will rise again

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Quote from: OrangeII on June 07, 2016, 11:48:43 AM

I feel that the same wallet as banks for bitcoin, this only in digital form, and I also use it with ease. but maybe someday we need a real bitcoin bank

Yeah wallet itself acts as a bank, In future we can see much advanced banks in the entire world than the present banks which is gonna adopt the technology running behind bitcoin.

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I feel that the same wallet as banks for bitcoin, this only in digital form, and I also use it with ease. but maybe someday we need a real bitcoin bank

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Quote from: 1Referee on June 06, 2016, 05:54:49 PM

Quote from: Novalok on June 06, 2016, 05:37:47 PM

Why would anyone want to store their btc in a bank. You need to store it on hot and cold wallets. Its really easy and then you know you always control your coins.

As always it's purely the greed aspect that takes people over completely. I am quite sure that a lot people here will store their coins in a so called "Bitcoin Bank" for just a few percent annually interest. For once people can fully own what they have as they can be their own bank, and once again they will give out the control over their coins to a third party like they do with their fiat money....

Greed is the real problem. You got that right. What I don't understand is why the people who are given this new opportunity called bitcoin are not doing the research on her and seeing where she really come from. People forget the past to easily. Bitcoin is about financial freedom coupled with the lack of government involvement yet they want to go and give their btc to the first bank offering interest on btc deposits.

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In my view bitcoin banking helps in the increased adoption of bitcoin by users. If services related to western union were started in those bitcoin banks, gradually even people who were not good in technology use it.

Galiatram

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Bitcoin banks i never heard about that and that is because it is not called like that if you want something to store coins you can use a bitcoin wallet thats what it called so if you want to use a sort of bank buy a wallet for your bitcoins.

Chris4210x

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before reading through 29 forums posts. Is there any real Bitcoin Bank yet?

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Quote from: KaliLinux on June 07, 2016, 09:39:27 AM

Quote from: Altcoinsupporter on June 07, 2016, 09:13:27 AM

Quote from: PsursV on May 12, 2016, 10:39:20 AM

Quote from: uname on May 12, 2016, 09:41:55 AM

Quote from: Adrayrd on May 02, 2016, 02:28:51 AM

I don't think a bitcoin bank will be such good as a normal bank.
it will be just a online hardware wallet not secured and they keep your bitcoins.
i don't think thats a good idea

yeah they will have control over bitcoinmu. certainly there is a lot of risk in it. I also do not think this is a good idea. if you want to grow bitcoin from the bank you just need to invest dude Cheesy

in present time it seem not possible. but i think in future there for establishing banks for bitcoins will be needed, so we should think positive, we should not worry about it .

It will be nice if there will be a Bitcoin bank and that is because you also can see now that there are now even more people that is using Bitcoin so that is really nice.
But it will be really hard to know what is going to happen with Bitcoin itself so that is the problem.

They may be implement bitcoin bank in future to get these stored and provide some more facility. I think this is the new way of banking systems for crypto currency same as present and just add some more facility like providing card and get that loaded online and spend it accordingly.

For sure there are going to be more Bitcoin banks popping up at some point in the future, the question then will become whether or not they are going to bring in the issues from traditional banking into Bitcoin or if they're going to maintain some integrity and not be shitbags like those who currently exist.

KaliLinux

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Quote from: Altcoinsupporter on June 07, 2016, 09:13:27 AM

Quote from: PsursV on May 12, 2016, 10:39:20 AM

Quote from: uname on May 12, 2016, 09:41:55 AM

Quote from: Adrayrd on May 02, 2016, 02:28:51 AM

I don't think a bitcoin bank will be such good as a normal bank.
it will be just a online hardware wallet not secured and they keep your bitcoins.
i don't think thats a good idea

yeah they will have control over bitcoinmu. certainly there is a lot of risk in it. I also do not think this is a good idea. if you want to grow bitcoin from the bank you just need to invest dude Cheesy

in present time it seem not possible. but i think in future there for establishing banks for bitcoins will be needed, so we should think positive, we should not worry about it .

It will be nice if there will be a Bitcoin bank and that is because you also can see now that there are now even more people that is using Bitcoin so that is really nice.
But it will be really hard to know what is going to happen with Bitcoin itself so that is the problem.

They may be implement bitcoin bank in future to get these stored and provide some more facility. I think this is the new way of banking systems for crypto currency same as present and just add some more facility like providing card and get that loaded online and spend it accordingly.

Altcoinsupporter

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Quote from: PsursV on May 12, 2016, 10:39:20 AM

Quote from: uname on May 12, 2016, 09:41:55 AM

Quote from: Adrayrd on May 02, 2016, 02:28:51 AM

I don't think a bitcoin bank will be such good as a normal bank.
it will be just a online hardware wallet not secured and they keep your bitcoins.
i don't think thats a good idea

yeah they will have control over bitcoinmu. certainly there is a lot of risk in it. I also do not think this is a good idea. if you want to grow bitcoin from the bank you just need to invest dude Cheesy

in present time it seem not possible. but i think in future there for establishing banks for bitcoins will be needed, so we should think positive, we should not worry about it .

It will be nice if there will be a Bitcoin bank and that is because you also can see now that there are now even more people that is using Bitcoin so that is really nice.
But it will be really hard to know what is going to happen with Bitcoin itself so that is the problem.

wintermeasures

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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?

I think there is no such thing bitcoin bank, because bitcoin can be saved by each individual and for the transaction was easily without having to use bank i think Cheesy

thank you

God27

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The 4th industrial revolution!

Bitcoin will never be used by a legal regulated bank directed to the consumer. What banks will use will be seen by you more as a digital IOU. Even the regulated distributed ledger's "digital asset"(example: ripple's XRP) won't even be used with the consumer as credit or other retail banking aspects.

The blockchain revolution, first used with bitcoin, will save the big banks mutilbillions per year while central banks gain more control.

http://www.lifehacker.com.au/2016/06/the-risks-of-blockchain-technology-and-how-to-combat-them/

http://www.euromoney.com/Article/3559909/Blockchain-continues-to-bewilder.html

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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?

"There is a bitcoin bank that really works like bank that provides interest for customer and available on this world"

Not for now, It's difficult for bitcoin to have an official institution like a bank become a central bitcoin storage have the same function with a bank. because some parties want to tackle bitcoin, when bitcoin wants to make a revolution.

jerowacik

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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?

I think there is currently no. but if you want to speculate, you can play a HYIP. basically HYIP profitable, but for most people it is very detrimental. HYIP way of working together that gives a percentage of interest for those who invest in them. you will be lucky when you are the person who signed up early in the HYIP.

delliaerd

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Quote from: 1Referee on June 06, 2016, 05:54:49 PM

Quote from: Novalok on June 06, 2016, 05:37:47 PM

Why would anyone want to store their btc in a bank. You need to store it on hot and cold wallets. Its really easy and then you know you always control your coins.

As always it's purely the greed aspect that takes people over completely. I am quite sure that a lot people here will store their coins in a so called "Bitcoin Bank" for just a few percent annually interest. For once people can fully own what they have as they can be their own bank, and once again they will give out the control over their coins to a third party like they do with their fiat money....

You have good point mate and i couldn't agree more with you, bitcoin bank will give many advantages for bitcoin users. It has more complicated features that will make user more easier.

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Quote from: aso118 on May 12, 2016, 11:39:14 AM

Quote from: Daniel91 on May 12, 2016, 10:51:19 AM

If I understand whole idea behind Bitcoin, it's most about decentralization and anonymity.
So, I don't think I will ever like idea to go to some bank, show my ID and deposit Bitcoin.
OK, for some people this can be fine idea but not for me.
I'm perfectly happy with my BTC wallet

Maybe this is good idea for people with a lot funds and desire to invest Bitcoin in the market or get bank loan.

You are thinking of conventional banks.
A bitcoin bank could be totally different. Send bitcoins from your wallet to an address of the bank.
Sign messages with your private key and operate your account!

To easy, you need other securities or you lost your priv. key then: you lost all!

Topic: Bitcoin Bank??? - page 17. (Read 45646 times)