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Topic: Bitcoin Bank??? - page 25. (Read 45646 times)

full member
Activity: 145
Merit: 100
March 30, 2016, 11:26:40 AM
I don't think there are any Bitcoin wallets currently that work not only as a payment processor but offer interest rates on top of holding your coins.
legendary
Activity: 3472
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March 30, 2016, 11:09:13 AM
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.
yeah I think bitcoin does not need a bank or a third party. certainly not going to fool users control their bitcoin against third parties.
so I think the banks are not suitable for bitcoin
I think its a good combination if they connect bitcoin and banks for withdrawal and deposit purposes.. so that we dont need any third party to convert our bitcoin into money..
hero member
Activity: 518
Merit: 500
March 30, 2016, 10:37:57 AM
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.
yeah I think bitcoin does not need a bank or a third party. certainly not going to fool users control their bitcoin against third parties.
so I think the banks are not suitable for bitcoin
hero member
Activity: 2618
Merit: 548
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March 30, 2016, 10:27:34 AM
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.
legendary
Activity: 2380
Merit: 1026
March 30, 2016, 09:54:49 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.
So everything telling you that is is possible and without any sense.
We wanted decentralisation and now when we accomplished it, we are tired from it and we want banks.
 This reminds me on Stockholm syndrome..
sr. member
Activity: 323
Merit: 250
March 30, 2016, 09:47:43 AM
Seems like what people would like to see is not a bitcoin bank as such, but rather an opportunity to earn interest on their bitcoins - the service which is usually provided by banks.

in the crypto-currency world, such service is usually performed by various P2P lending services.
hero member
Activity: 1162
Merit: 547
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March 29, 2016, 01:38:58 PM
There is no need for a Bitcoin BANK. We store our bitcoins in our own wallets so there is no need to rely on other third party to store them.
Considering the interest rate feature of banks, the same for Bitcoins is not possible as most are scam ponzis.
The tagline of blockchain wallet states that : "Be Your Own Bank" !
legendary
Activity: 980
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March 29, 2016, 01:38:05 PM
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.
hero member
Activity: 1204
Merit: 505
March 29, 2016, 01:34:39 PM
I have never seen any bitcoin and I have not even heard of any bitcoin bank.
And I don't like the idea of bitcoin bank.
I mean when you have your bitcoin wallet and can be your own bank then why would you need any other bank.
Same here. I also do not want any bank to control our bitcoins. I guess if a bank bank comes for bitcoin then we will lose some functionalities of bitcoin like decentralization. So, I always want bitcoin from any control over it.
legendary
Activity: 1176
Merit: 1016
March 29, 2016, 02:46:34 AM
I do not want this at all, I even think it would be bad for the future of the bitcoin because its self controllable.
If there comes a bank for the bitcoin, it will be less more controllable and untraceable in my opinion.

you are right frined, i think we must never think to make "bitcoin bank" m satoshi has created bitcoin for freedom, use decentralization, and make bitcoin impressed by the unique.
It will be nice if there will be a Bitcoin bank, than more people will also find out what Bitcoin is and that is very good for Bitcoin.
If they will found out than they are also maybe are going to use it and that is very good if Bitcoin will be more used and more popular.
But what is the need of a bank for bitcoin. I'm having all the functionalities with my bitcoin very much similar to fiats now itself without any bank for it. I do not believe that bitcoin will get more popularity just to because of Bitcoin bank.
hero member
Activity: 762
Merit: 500
March 29, 2016, 02:20:38 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
legendary
Activity: 2170
Merit: 1427
March 29, 2016, 02:04:02 AM
I have never heard of a bitcoin bank but there probably was one in the past and who knows what will happen in the future. We may have a whole chain of bitcoin banks.


When you are in bitcoin you are already a bank of yourself as you hold your own money for safe keeping,there are lot of bitcoin storage that you can get but it wont allow you to gain % on your deposit.

There is no need to gain a certain amount of interest on your coins. Your coins will gain in value throughout the years, that will be your "interest". Smiley
full member
Activity: 210
Merit: 100
March 29, 2016, 01:59:51 AM
I have never heard of a bitcoin bank but there probably was one in the past and who knows what will happen in the future. We may have a whole chain of bitcoin banks.


When you are in bitcoin you are already a bank of yourself as you hold your own money for safe keeping,there are lot of bitcoin storage that you can get but it wont allow you to gain % on your deposit.


Banks invest and get their profits from that but bitcoin is also used as investment. We have a problem when playing with 2 investment together and this is the reason we would see a lot of price manipulation of bitcoin. The big only makers use this system.
full member
Activity: 168
Merit: 100
March 29, 2016, 01:42:46 AM
I have never heard of a bitcoin bank but there probably was one in the past and who knows what will happen in the future. We may have a whole chain of bitcoin banks.


When you are in bitcoin you are already a bank of yourself as you hold your own money for safe keeping,there are lot of bitcoin storage that you can get but it wont allow you to gain % on your deposit.
member
Activity: 84
Merit: 10
March 29, 2016, 01:38:13 AM
I have never heard of a bitcoin bank but there probably was one in the past and who knows what will happen in the future. We may have a whole chain of bitcoin banks.
hero member
Activity: 700
Merit: 501
March 28, 2016, 09:37:32 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.

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.
hero member
Activity: 770
Merit: 500
March 28, 2016, 02:08:06 PM
i doubt that there are any banks that are connected with bitcoin right now and that accept bitcoin payments

to be honest i dont think there will ever be any of such banks because bitcoin is decentralised and theres no need of banks
member
Activity: 63
Merit: 10
March 28, 2016, 01:39:25 PM
IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?

Hi,

At the moment there is no bank for BTC, but their are ATM's. Banks spoils the concept of  decentralization. Smiley

Thank you
CryptoJeweler
sr. member
Activity: 493
Merit: 250
Live by your own rules
March 28, 2016, 01:24:00 PM
There will always be banks, because there will always be people that are too scared and intimidated at being self-responsible, so they enjoy the feel of putting charge of their own wealth's safety to a party party, so if something happens they can blame them and not yourself.
Unless there is a big cultural global change, there will always be some bank business going. For the rest of us that want to take care of their own finances, Bitcoin is a dream come true.
There can and will always be banks because 99% of the world population will never ever use 1 single satoshi in his life due to lack of technological background, or even just 'lazyness' or not having the willingness to make your own investments safe... Too bad, but I do hope we will get there step by step Wink
sr. member
Activity: 406
Merit: 250
March 28, 2016, 01:13:21 PM
Recently some quoted that, he saw a physical bitcoin bank in his country. But most didn't accept that to be a bank. That might be a bitcoin exchange which might have named with bitcoin so to attract more users.

Maybe it wasnt official bitcoin bank. It can be just a prank or smth else. Bitcoin no need any banks cause better to be your own bank Smiley
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