Bitcoin Bank??? - page 3. | Bitcointalksearch.org

Abiky

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Quote from: digez on June 27, 2017, 08:15:32 AM

A real bank offering interest does not exist in the bitcoin now, there are few user-based bank-like projects, collecting bitcoins and lending them + ALLOT of HYIP's claiming to so the same thing and just cycling the money between users.

Yeah. Until now, such concept hasn't become a reality for Bitcoin or any other digital currency. However, when it does it will truly become revolutionary as it will allow anyone to safely deposit and withdraw Bitcoin and other altcoins, as well as bring the advantages of interest rates on savings accounts, and more.

Recently, there has been an ICO launched for Polybius bank which aims to become sort of like a bank for blockchain currencies. If it serves its purpose well as a bank for cryptocurrencies, then we should look no further as this will bring us all the goodness from traditional banking.

But until it launches officially, we could enjoy other ways to make our Bitcoin grow with savings rates. Bsave, Magnr, and other services offer you interest rates annually by allowing you to save your Bitcoin within them. Lending is also another option, but it is too risky. Just sharing my thoughts. Grin

voltesbit777

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I don't agreed with the bitcoin bank,..Because our wallet address where we store our bitcoin is already our own bank.
besides it is decentralized unlike bank is not. I don't see any advantage of the bitcoin bank, it is no difference in typical bank actually.

digez

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A real bank offering interest does not exist in the bitcoin now, there are few user-based bank-like projects, collecting bitcoins and lending them + ALLOT of HYIP's claiming to so the same thing and just cycling the money between users.

boyptc

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Quote from: Kateryna_Oli on June 26, 2017, 05:52:29 PM

I think people really need these banks! They need places where they can take their money and be calm. It's will give higher level of trust Cool

But bitcoin wallets, web and desktop wallets are already considered as a bank. And banks are not going to consider bitcoin as a depositing power because its market is volatile and its price is changing from time to time. They are operating for the money and they dont want to lose with that move.

Emitdama

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Quote from: elisabetheva on June 23, 2017, 01:38:50 PM

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?

Until now I have not been informed that there is a banking that directly related to bitcoin, because at this time the bank still has not made regulations about bitcoin, because to receive in banking transactions is not as easy as of course. Hopefully one day banking can accept Bitcoin, but when?

Bitcoin wallet account is your officially bank.It is increasing like bank money without any work.But one problem we are facing is that transactions as you said.If it is also solved then trust me people we will leave local banks and start investing instead of bank in bitcoins.

Kateryna_Oli

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I think people really need these banks! They need places where they can take their money and be calm. It's will give higher level of trust Cool

bitart

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Quote from: hv_ on June 26, 2017, 03:37:34 AM

Will Barclays be it ?

http://www.cnbc.com/2017/06/26/barclays-bitcoin-regulators-fca.html

I've read that article, it's about that Barclays is working on it's own solution, based on the bitcoin system (blockchain), so it's really possible that they don't want to implement bitcoin support in their system but to develop a solution similar to bitcoin with all of it's (bitcoin's) benefits but with the regulations of their own. Several banks are trying to use blockchain, and they're trying to stay away from bitcoin itself.

Fishbones78

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I thought the whole point of Bitcoin is that isnt a bank....

However there are more than enough investment scams going around if that's what you're after!

hv_

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Will Barclays be it ?

http://www.cnbc.com/2017/06/26/barclays-bitcoin-regulators-fca.html

Baby Dragon

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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?

Well, as of now there’s no bank who accept bitcoin as deposit of their costumer and if there is a bank who accept bitcoin I think they can’t handle it because bitcoin doesn’t have exact value in the market. However, I guess in the near future some bank will accept bitcoin as deposit of their costumer.

BitcoinPC

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Quote from: elisabetheva on June 23, 2017, 01:38:50 PM

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?

Until now I have not been informed that there is a banking that directly related to bitcoin, because at this time the bank still has not made regulations about bitcoin, because to receive in banking transactions is not as easy as of course. Hopefully one day banking can accept Bitcoin, but when?

Plus, what is the purpose of an "official" bank, which would just being a web wallet service throwing the name bank on the site. With Bitcoin, in software or online, you can do whatever you need or want and the only restriction there would be would be involved in paying another company and that is only stopped by the fact that the other company does not accept crypto.

elisabetheva

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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?

Until now I have not been informed that there is a banking that directly related to bitcoin, because at this time the bank still has not made regulations about bitcoin, because to receive in banking transactions is not as easy as of course. Hopefully one day banking can accept Bitcoin, but when?

jennywhzz

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Quote from: slackcryptoz on June 07, 2017, 11:21:22 AM

Bitcoin Bank is just an idea, but this hasn't come to effect. In my personal thinking a bitcoin bank might help common people to use bitcoin. So a bitcoin bank without any other influence or control from some other force will be good for further increase in usage.

I don't get the question. They are acting like there are options that bank websites offer that Bitcoin does not. Almost every online wallet that I have used or seen is pretty much the same as a bank website.

slackcryptoz

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Bitcoin Bank is just an idea, but this hasn't come to effect. In my personal thinking a bitcoin bank might help common people to use bitcoin. So a bitcoin bank without any other influence or control from some other force will be good for further increase in usage.

traderethereum

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Quote from: Vurwin on June 07, 2017, 11:09:47 AM

There is no actual thing as a bitcoin bank offering interest, I mean the only things offering interest on BTC are suspicious business endeavors and are actually mostly ponzi schemes. They pay in the beginning sometimes and never pay in some cases. it's actually dependent on the time and luck.... Anyway these aren't actual banks and there are no "stable, reliable interest bank" Right now.

until now, i think there is no bitcoin bank that we can found and i think until bitcoin is accepting in almost all country, the bitcoin bank can not work with traditional bank because it needs to syncronize first to work together. beside that, i think we don't need a bitcoin bank because we can manage our bitcoin directly in our wallet so we can spend or keep our bitcoin in safe wallet.

Vurwin

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There is no actual thing as a bitcoin bank offering interest, I mean the only things offering interest on BTC are suspicious business endeavors and are actually mostly ponzi schemes. They pay in the beginning sometimes and never pay in some cases. it's actually dependent on the time and luck.... Anyway these aren't actual banks and there are no "stable, reliable interest bank" Right now.

UCHCHILD

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I guess there is no such as bitcoin bank now since bank uses centralized system while bitcoin does not because it uses decentralized system that is contrast to bank feature. Bitcoin really do not need bank to run off to the road around the world, bitcoin is so good to its features now so if bitcoin will make a bank for sure it will cross out so many feature of bitcoin itself and be just like those bank everywhere, features of bitcoin is so unique actually.

Gunawan82

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I have not needed for now, maybe for the foreseeable future there is no harm in having bitcoin banks. Grin

megynacuna

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Quote from: cantika on June 06, 2017, 12:35:21 PM

bank, what it's for? bitcoin doesn't need a real bank. I mean its regular bank, because if we use bitcoin we are the bank. and we're all knew, Bitcoin was created to be decentralised and avoid banks

Exactly, having your own wallet and private keys is like having your own bank and your keys in your hand. You can just access it anytime and anywhere but there will be no interest like the normal fiat banks so if your intention is to get profit from your funds then it's better you put it into an investment because unless bitcoins prices go up you'll not gain profit from anywhere because there are no Bitcoin banks.

Flodemaga

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Bitcoin has reached the big sucess due to people trading it and the fact its a decentralized currencie/ payment processor, we are our own banks, besides the technology and the low fees it has. You can get a revenue with your coins, just need to put them into some risks, i dont see a bank provinding you a 4% daily return anytime, something you can get trading and lending some coins.

Topic: Bitcoin Bank??? - page 3. (Read 45646 times)