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Topic: Bitcoin Bank??? - page 24. (Read 45646 times)

hero member
Activity: 1063
Merit: 502
RIP: S5, A faithful device long time
March 31, 2016, 09:37:40 PM
IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?

Buy gold? Its about 35 dollars/gram or oil futures? Example New York light?
hero member
Activity: 742
Merit: 500
March 31, 2016, 09:15:38 PM
IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?

If it is like a normal bank where you have to submit documents or ID, then this will defeat the purpose of bitcoin. I want my bitcoin anonymous, tax free and I want to keep it that way. I will not submit it to any bank so government can meddle on it.

Yes i agree with you, if bitcoin bank same as bank in real life. I prefer using bitcoin wallet than bitcoin bank, no need submit id or some verification. And i'm sure anonymous is why people pick bitcoin.
you are literaly using bitcoin bank, if you using coinbase as your wallet. As we know that coinbase need us to provide our identity, however it's against the pseudoanonimity nature of the bitcoin. But for some people it's not a serious problem. I think it's a serious problem for those who make some ilegall activity.
sr. member
Activity: 420
Merit: 250
March 31, 2016, 08:43:26 PM
IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?

If it is like a normal bank where you have to submit documents or ID, then this will defeat the purpose of bitcoin. I want my bitcoin anonymous, tax free and I want to keep it that way. I will not submit it to any bank so government can meddle on it.

Yes i agree with you, if bitcoin bank same as bank in real life. I prefer using bitcoin wallet than bitcoin bank, no need submit id or some verification. And i'm sure anonymous is why people pick bitcoin.
hero member
Activity: 1148
Merit: 504
March 31, 2016, 07:40:18 PM
IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?

If it is like a normal bank where you have to submit documents or ID, then this will defeat the purpose of bitcoin. I want my bitcoin anonymous, tax free and I want to keep it that way. I will not submit it to any bank so government can meddle on it.
full member
Activity: 223
Merit: 101
Trader
March 31, 2016, 06:05:06 PM
A bank for bitcoin is honestly stupid,  and likely would be a scam.
legendary
Activity: 1330
Merit: 1019
March 31, 2016, 03:17:19 PM
Bitcoin wallets are enough than any other bitcoin bank. Now using wallet is very easy. This may lead to complications if bitcoin bank come into existence.
Yes I also think so. If any bank interfere here with bitcoin ecosystem, then there are lot of chances for more complication to our existing freedom and convenience. I never prefer to bank to accept bitcoin for any means.
legendary
Activity: 1652
Merit: 1057
March 31, 2016, 01:45:51 PM
There are some websites that provide daily interest (around 0.02% / day) to users who deposit bitcoins and they invest the coins somewhere else to generate income.
what is the difference between those bank and some HYIP programs. What is the surety from those bank will not run away with your bitcoins. Never go greed for some small interest by risking your valuable bitcoins. I hate the concept of bitcoin banks in general.
newbie
Activity: 42
Merit: 0
March 31, 2016, 10:17:14 AM
I try to stay away from random websites offering daily interest rates for my deposited Bitcoins. I don't want to call scam but I have been burnt in the past by such ponzi schemes and I am now on high alert because similar websites are popping up like mushrooms every day. Plus you have no protection for your money once you have sent your Bitcoins you can't get anything back if the owners decide to run for the hills with all the cash.

Why bank, bitcoin need to manage any other organization. We can manage our wallet and Its better than bank..
legendary
Activity: 3234
Merit: 1214
DGbet.fun - Crypto Sportsbook
March 31, 2016, 07:23:49 AM
There are some websites that provide daily interest (around 0.02% / day) to users who deposit bitcoins and they invest the coins somewhere else to generate income.

im never found legit site like that's..
if he run ponzi scheme, the risk and profit is far, we can earn 0.02%/day but we can lose 100% of our money in 1day.

I agree that we never know what they are going do to with the money, however I personally put a tiny amount of unused coins on the sites.

https://bitbays.com/
https://haobtc.com/
https://www.bw.com/storage

nice site but im still can trust 100% at his service, the chance site shutdown or get hacked is high.
i think trading is best option for make our bitcoin growing it's bigger than bank

of course trading is better than keeping your bitcoins idle in the bank. But in future sure bitcoin banks will exist which acts as the reserve for bitcoin and other crypts that has existed.
newbie
Activity: 42
Merit: 0
March 31, 2016, 05:53:41 AM
I try to stay away from random websites offering daily interest rates for my deposited Bitcoins. I don't want to call scam but I have been burnt in the past by such ponzi schemes and I am now on high alert because similar websites are popping up like mushrooms every day. Plus you have no protection for your money once you have sent your Bitcoins you can't get anything back if the owners decide to run for the hills with all the cash.

If comes a bitcoin bank it will destroy the bitcoin for good, the bitcoin is for self control not to be controlled, it would be very stupid to have a bitcoin bank.
legendary
Activity: 2604
Merit: 1036
March 31, 2016, 04:13:27 AM
I try to stay away from random websites offering daily interest rates for my deposited Bitcoins. I don't want to call scam but I have been burnt in the past by such ponzi schemes and I am now on high alert because similar websites are popping up like mushrooms every day. Plus you have no protection for your money once you have sent your Bitcoins you can't get anything back if the owners decide to run for the hills with all the cash.
hero member
Activity: 966
Merit: 517
March 31, 2016, 03:28:39 AM
There are some websites that provide daily interest (around 0.02% / day) to users who deposit bitcoins and they invest the coins somewhere else to generate income.

im never found legit site like that's..
if he run ponzi scheme, the risk and profit is far, we can earn 0.02%/day but we can lose 100% of our money in 1day.

I agree that we never know what they are going do to with the money, however I personally put a tiny amount of unused coins on the sites.

https://bitbays.com/
https://haobtc.com/
https://www.bw.com/storage

nice site but im still can trust 100% at his service, the chance site shutdown or get hacked is high.
i think trading is best option for make our bitcoin growing it's bigger than bank

untill a good trust and 100% positive reviews they recieve, we should stay away from sites like that. There are a number of scammers, trying their best to introduce any system to loot people.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
March 31, 2016, 03:21:11 AM
Is bitcoin bank same as bitcoin wallet ? If not, i think it's a good idea to have bitcoin bank, but i want bitcoin bank in real life, like fiat bank. Not online bitcoin bank.
What is the difference between physical bank and online bank. When you banking services offered from a trusted company, then we can go with them both in online as well as off-line. But I guess there is no need for a bank for bitcoins.
hero member
Activity: 700
Merit: 501
March 31, 2016, 02:38:00 AM
There are some websites that provide daily interest (around 0.02% / day) to users who deposit bitcoins and they invest the coins somewhere else to generate income.

im never found legit site like that's..
if he run ponzi scheme, the risk and profit is far, we can earn 0.02%/day but we can lose 100% of our money in 1day.

I agree that we never know what they are going do to with the money, however I personally put a tiny amount of unused coins on the sites.

https://bitbays.com/
https://haobtc.com/
https://www.bw.com/storage

nice site but im still can trust 100% at his service, the chance site shutdown or get hacked is high.
i think trading is best option for make our bitcoin growing it's bigger than bank
member
Activity: 112
Merit: 10
March 31, 2016, 12:42:45 AM
Banks are biggest evil of our times, and we asking for it?
I believe those who proposed this idea don't have a clue what is bitcoin about.

i dont think bitcoin bank is exist.
but there will probably be bitcoin bank in the future. in other words, your wallet is your bank


Your wallet is really your own bank so there wont be any uses if there was a so called bitcoin bank that we will see in the future.
hero member
Activity: 700
Merit: 501
March 31, 2016, 12:03:03 AM
There is no stable profit bank or investment in bitcoin right now, I think it would be a great idea if someone starts a Real bank like project not a HYIP but getting profit from lending would be tricky since the collateral etc... would not be provided with most of the lenders and therefore no guarantee to loans.

the lending sistem like bank is hard to realize in bitcoin world, bitcoin is online currency it's hard to make people give 'real collateral' . bitcoitntalk acc is good for collaterla but the value of accoun is decrease each year.
full member
Activity: 210
Merit: 100
March 30, 2016, 10:21:04 PM
Banks are biggest evil of our times, and we asking for it?
I believe those who proposed this idea don't have a clue what is bitcoin about.

i dont think bitcoin bank is exist.
but there will probably be bitcoin bank in the future. in other words, your wallet is your bank
hero member
Activity: 560
Merit: 500
March 30, 2016, 09:24:03 PM
Banks arent evil they helped several big companies to achieve their goals and now they keep helping people to get their dreams.Sure bitcoin and banks arent something that we would wanna since there is a limited coins supply soo banks cant generate interest on something that is already full,but knowing that those coins are being traded daily ,in fact the bank can get the interest .
sr. member
Activity: 347
Merit: 250
Activity: 2017
March 30, 2016, 02:06:17 PM
Banks are biggest evil of our times, and we asking for it?
I believe those who proposed this idea don't have a clue what is bitcoin about.
hero member
Activity: 854
Merit: 500
March 30, 2016, 12:01:40 PM
Now bitcoin bank is not necessary. The different wallets are more than enough. One can have their own wallet based on their own requirement rather than getting into a bank.

True. Bitcoin no need banks cause community is already a bank. Maybe in future bitcoin will require a bank but now, no .
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