Topic: Bitcoin Bank (Read 1128 times)

Here is a idea

Just delete this thread altogether

If I am going to invest my bitcoin/money I will do it myself. Not with some kid over the internet

im just waiting to get more ideas

Well, as everyone has already pointed out, your idea doesn't work. Most of the irl banks offer around the same rates monthly / yearly also depending on the amounts deposited. They are fd's , and other plans as well. Now if people want to earn via banks, they can do it themselves. Not trying to kick you down or anything, but you're asking people for money in return you are giving them back a fixed interest monthly. Sure seems like what the rest of the scamming sites are claiming here as well. Invest in gold, oil, bank, trading, poker bot ... we've seen them all sad to say.

you are not all people so dont say no one will trust me, i have no plan to run im just collecting ideas and looking if this is an interesting idea to people. and again and again i dont want to run a scam here

No one would trust you and you would only run with the deposit. Pretty obvious scam attempt. Lock this thread before your profile gets painted by people from dt.

really people i dont know what to think with you all i wont scam anyone im pissed off being scamed, the idea behind this is: i get rates of 3.3% in my bank here and thinked to get also other investors and give to them 1.5% annual return rate. As i saw in different banks those in usa dont have 1.5% interest.

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oh really the % is more then a bank ? how old are you ? 15 or 17 ? as for your info you have to know there are banks wich pays over 3.3% annual rate buddy

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you cant be for sure if will work or not. people wont use fiat to purchase bitcoin but for example invest 0.1btc in 3 months period with 1.5% annual rate and after 3 months the interest paid back is 0.0000375 btc, if you got an idea of bank calculations !!!

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please articulate your though of this being the worst idea ?

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my profit would be even from the % for example i will get more then 3% from the deposits and pay 1.5%. What do you think of this

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you in the very start of your post said is fantastic later a lot of questions and in the end i will run a ponzi. ok i will answer only to your questions whats my gain well ok my gain is i will get over 3% interest from the deposit and pay 1.5%, now what do you think where do you see the ponzi here ?

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im not looking for people to trust me, i have just this idea and im sharing to get other ideas. Thanks

What's the difference between converting our bitcoin yourself? Saves us the hassle and risk. And if the % payout is anything more than a bank interest rate, I'll have to call this a scam.

and we will trust you because???

with these move you have to pay at least 3 / 4 times some fees (for exchange deposit and withdraw).
plus add 1.5 % for the investors.... and you think is "easy" ?
He have to earn a strong % each month (3 / 4 times what he have to pay to investors) ....
I think it's a really hard battle or a clear scam attempt.

He wants to exchange BTC into USD, which is a currency exchange (which is a trade!), then bring it to a bank to get some interest and then exchange USD to BTC back again (which is also a trade!). I am not off topic, currency exchange is a major part of the plan. I was simply pointing out that the interest rate of 1.5% that OP mentioned will very likely be irrelevant in comparison to the win/loss of those two currency exchange operations. That means his plan reduces basically to a speculation on currency fluctuation. Is that really that hard to understand?

You're being off topic here. No one is talking about currency exchange trading. OP wants to convert bitcoins to fiat and invest them in the bank. All in all its a failed plan.

Yes the idea it's fantastic but :
- why you give some interest? where is your gain? why you need these funds? how you make money with this?
- you can't run a "classic" bank because btc use an "opposite" economic environment
- actually your site is a ponzi because you give money "from nothing = other users" unless you are going negative in a long period (you pay by yourself interest).
Then, without any type of economic sustain, no idea behind.... you can run only a ponzi

Not necessarily, but the system might actually loose money. I mean 1.5% interest is irrelevant compared to currency fluctuation. But even if you are lucky, your main profit would come from currency exchange trading, not from the interest.

Lets pretend you actually did this idea.
This would be the worst idea implemented in the history of implementing ideas.

So people got to use fiat to purchase bitcoins, invest in you and you reconvert them to fiat and invest it in a bank  . Seems legit, unless you figured that bitcoins grew on digital trees or something. Only way i can see this ending is in a scam. It's best you lock this thread as your plan wont work.

the bitcoin invested with be converted in fiat and deposited in real bank

lets pretend someone deposit 1 BTC with today $417 price, in the contract they will get for example 3 month plan at 1.5% 1BTC + 0.015 interes earned, calculated of day of deposit. 

Whats the use of bitcoins then? People might as well just invest in fiat. What if the price of bitcoins suddenly soars or plummets when you have them converted to fiat and invested in a bank ? dumbest idea yet... keep your bitcoins, thats the best investment.

please contribute all with your ideas

i dont know what you have im talking of an idea not a real scam like yours https://bitcointalksearch.org/topic/m.14163045

so people just care about the services about 100% btc in 100 hrs and end up losing money, or the cloud mining who promise roi in 3 or 6 months and the end is known by all .

Im talking about a service which the rates are low to be honest but secure in banks.

I really im interested to go live with this idea and for now i know here i can offer 1.5% for 3 months i will get info by monday for the other periods thats why i need to know what are the interest in the usa.