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Topic: Bitcoin Bank??? - page 28. (Read 45646 times)

hero member
Activity: 518
Merit: 500
March 12, 2016, 10:01:42 AM
there is an exchange called asmoney used to offer annual interest but it is not reliable at all IMO
I have never heard of that exchange and I don't recommend anyone to invest your money. It could be a complete scam and you could lose your Bitcoins.
I think it does not matter if the site has a great name and has been reliable. because they may think two times to deceive. they take a long time to be a great site
legendary
Activity: 1596
Merit: 1011
March 12, 2016, 03:24:12 AM
I don't really understand what you want from this field. IMO bitcoiners probably wouldn't want a bitcoin bank because it destroys the decentralized part of bitcoin criteria, you can be your own bank...
yes i'm agree with you,bitcoin will not decentralized again if bitcoin banks exist,and its against bitcoin slogan,in some wallet we all have know that we can be our bank. like on blockchain there writed "be your own bank"

in fact today, we found some Bank in Bitcoin, xapo and coinbase use centralized system like bank to his bitcoin wallet, he also adopt bitcoin debit card.
whether xapo be called a bank? I think they are just ordinary exchange. a system or a bank can be regarded as if it has fulfilled a variety of special requirements.
hero member
Activity: 756
Merit: 502
March 12, 2016, 03:19:12 AM
I don't really understand what you want from this field. IMO bitcoiners probably wouldn't want a bitcoin bank because it destroys the decentralized part of bitcoin criteria, you can be your own bank...
yes i'm agree with you,bitcoin will not decentralized again if bitcoin banks exist,and its against bitcoin slogan,in some wallet we all have know that we can be our bank. like on blockchain there writed "be your own bank"

in fact today, we found some Bank in Bitcoin, xapo and coinbase use centralized system like bank to his bitcoin wallet, he also adopt bitcoin debit card.
sr. member
Activity: 464
Merit: 250
March 12, 2016, 03:08:09 AM
I don't really understand what you want from this field. IMO bitcoiners probably wouldn't want a bitcoin bank because it destroys the decentralized part of bitcoin criteria, you can be your own bank...
yes i'm agree with you,bitcoin will not decentralized again if bitcoin banks exist,and its against bitcoin slogan,in some wallet we all have know that we can be our bank. like on blockchain there writed "be your own bank"
hero member
Activity: 532
Merit: 501
March 11, 2016, 08:28:04 PM
there is an exchange called asmoney used to offer annual interest but it is not reliable at all IMO
I have never heard of that exchange and I don't recommend anyone to invest your money. It could be a complete scam and you could lose your Bitcoins.
legendary
Activity: 1218
Merit: 1007
March 11, 2016, 07:17:57 PM
Nope nothing like that now, it would be awesome if there was a bank or a way to invest idle coins and get a decent return with low risks like how it work with banks.

look at magnr or haobtc

I don't think bitcoin needs any bank because already we have bitcoin wallet which is like our pocket bank and in future there might be the physical offices for these bitcoin wallets like blockchain and coinbase

Even though part of the Bitcoin protocol revolves around there being no need for physical storage locations for Bitcoin, I think this would be kind of a cool idea. The difference would be that there would be many more armed guards, as it would potentially be easy to grab some wallets and run off with them.
hero member
Activity: 714
Merit: 500
March 11, 2016, 07:01:27 PM
Nope nothing like that now, it would be awesome if there was a bank or a way to invest idle coins and get a decent return with low risks like how it work with banks.

look at magnr or haobtc

I don't think bitcoin needs any bank because already we have bitcoin wallet which is like our pocket bank and in future there might be the physical offices for these bitcoin wallets like blockchain and coinbase
full member
Activity: 201
Merit: 100
March 11, 2016, 04:54:46 PM
Nope nothing like that now, it would be awesome if there was a bank or a way to invest idle coins and get a decent return with low risks like how it work with banks.

look at magnr or haobtc

Either of those is not insured by the deposit insurance authority. So that is not as safe as the conventional bank.
full member
Activity: 210
Merit: 100
March 11, 2016, 12:48:23 PM
Nope nothing like that now, it would be awesome if there was a bank or a way to invest idle coins and get a decent return with low risks like how it work with banks.

look at magnr or haobtc
full member
Activity: 397
Merit: 100
March 11, 2016, 11:45:22 AM
I don't really understand what you want from this field. IMO bitcoiners probably wouldn't want a bitcoin bank because it destroys the decentralized part of bitcoin criteria, you can be your own bank...
full member
Activity: 334
Merit: 100
March 11, 2016, 11:43:17 AM
there is an exchange called asmoney used to offer annual interest but it is not reliable at all IMO
full member
Activity: 135
Merit: 100
March 11, 2016, 11:31:22 AM
Nope nothing like that now, it would be awesome if there was a bank or a way to invest idle coins and get a decent return with low risks like how it work with banks.
full member
Activity: 297
Merit: 100
March 11, 2016, 11:27:57 AM
That is currently unavailable in the current world of online bitcoin investments, The only things offering Stable interest are scams and other similar programs, Stocks and Gambling investment sites are not reliable and not good investments IMO.
hero member
Activity: 714
Merit: 500
March 11, 2016, 09:39:38 AM
That will be really nice. But it must be more used and that is also very important. And the value is the most important.
We must win people's trust that Bitcoin is very good to use and that it is very safe to use. But some people dont even trust it and that is bad.
newbie
Activity: 49
Merit: 0
March 10, 2016, 06:45:26 AM
i think it will never .
why ? because bitcoin say . nobody control your BTC and there is no fee . so if bitcoin had bank it will had fee and somebody will control it .

Banks not only charge fees - they also provide interest. This is one reason why people might be tempted to give their bitcoins to banks.
On control - I agree that we will be losing control if you give your coins to a bank. It is up to you to decide whether the interest offered is sufficient for the loss of control.

If a bank provides a service I want, I do not mind them charging me a fee. If there is no bank, I cannot borrow money.

Well there has not to be any bitcoins banks in my opinion we have the wallets and I think that is good enough.
Also a bitcoin bank will be less more controllable and untraceable so I do not think its a good idea at all.

well, this topic was more about an investment type of bank rather than just a simple wallet, for wallet you are right we can hold out own bitcoin with all sorts of different wallets but for a bank that pays interest there is no option available and if there is any, it is either scam or hard to trust.
What do you think abou btcpop?
I cant find any reviews, they have 5% capitalisation per year.
Its very close to a bank, looks real.
But very unpopular service, provides loans and some other forms of investing.
They dont have an account here, thats bad news.

Hi,

We don't have an 'official' BTCPOP account here, but staff have their own accounts Smiley

There are a lot of reviews of btcpop.co on the net. Many are shared on Twitter.

www.btcpop.co is a P2P banking system. We have have been running for just over a year, have 9 members of staff and based in the UK (reg company no: 09492940)

We have found it is a pretty popular service, our user base has been growing steadily to just under 15,000 members at this moment in time, we are also the largest Bitcoin p2p lending site Smiley

Lee Bartholomew
CEO - BTCPOP
legendary
Activity: 1050
Merit: 1001
March 09, 2016, 12:13:50 PM
IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
Not yet,officially not yet bitcoin have official bank,so far nothing banks that change their object financial to bitcoins,but i'm sure several years again there will bitcoin bank,really works like general banks.
sr. member
Activity: 336
Merit: 250
Bravity is beautiful.
March 09, 2016, 10:40:19 AM
i think it will never .
why ? because bitcoin say . nobody control your BTC and there is no fee . so if bitcoin had bank it will had fee and somebody will control it .

Banks not only charge fees - they also provide interest. This is one reason why people might be tempted to give their bitcoins to banks.
On control - I agree that we will be losing control if you give your coins to a bank. It is up to you to decide whether the interest offered is sufficient for the loss of control.

If a bank provides a service I want, I do not mind them charging me a fee. If there is no bank, I cannot borrow money.
Bitcoin is will be great. And I hope that it will be more used also later and that is quite good.
But you never know what can happen and the value must be much higher so that is also good.
hero member
Activity: 1470
Merit: 655
March 09, 2016, 10:32:07 AM
In my opinion a bitcoin bank could bring big disasters, because than its something that can control people from having their money and such things.
I think we can better stay at our wallets and have no bitcoin banks at all for a few years till its maybe time for it.
do you think exchanger doesn't control your money. they could turn out to be a scam anytime. it does not happen because they trusted. bitcoin bank may need the trust of many people, to be developed

Yes you are right but also a bank is not the thing that is bitcoin build for in my opinion, I think it could be a success but also a disaster.
I think people will hate it also and you can say what yo want but it will be less more untraceable.

you are correct. one of the reason's for creating bitcoin is to get rid of banking system and any third party that makes up reliant on them. so it is better to handle all the bitcoin wealth that we have on our own with a secure wallet instead of trusting anybody.
sr. member
Activity: 420
Merit: 250
March 09, 2016, 10:20:37 AM
In my opinion a bitcoin bank could bring big disasters, because than its something that can control people from having their money and such things.
I think we can better stay at our wallets and have no bitcoin banks at all for a few years till its maybe time for it.
do you think exchanger doesn't control your money. they could turn out to be a scam anytime. it does not happen because they trusted. bitcoin bank may need the trust of many people, to be developed

Yes you are right but also a bank is not the thing that is bitcoin build for in my opinion, I think it could be a success but also a disaster.
I think people will hate it also and you can say what yo want but it will be less more untraceable.
hero member
Activity: 518
Merit: 500
March 09, 2016, 10:17:32 AM
In my opinion a bitcoin bank could bring big disasters, because than its something that can control people from having their money and such things.
I think we can better stay at our wallets and have no bitcoin banks at all for a few years till its maybe time for it.
do you think exchanger doesn't control your money. they could turn out to be a scam anytime. it does not happen because they trusted. bitcoin bank may need the trust of many people, to be developed
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