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Topic: Bitcoin savings account? - page 4. (Read 4323 times)

hero member
Activity: 1050
Merit: 529
June 27, 2017, 10:27:24 AM
#72
Is there any upcoming project that would act like a bitcoin savings account?
You see anything like that its most probably just another Ponzi and a scam ultimately. I think holding BTC itself is like a saving bank, obviously, the BTC doesn't increase but their value surely does increase and well that's good enough for me.
legendary
Activity: 1428
Merit: 1000
June 27, 2017, 10:19:12 AM
#71
Is there any upcoming project that would act like a bitcoin savings account?

I hope so there will be a bitcoin savings account.So that its like a bank that you can withdraw anytime youre in need.But I think bitcoin is much easier to process than in the bank.And bitcoin savings is good to those bitcoin savers.Maybe in the coming future they will approve this for the lauching of bitcoin into the world.

This is possible we don't need physical banks in all over the world just in one country this Bitcoin bank register and start their activity. And they can launch their bank app in all over the world. It could be possible, but they should provide customer support all over the world then only it is possible, or else people will not use this service.
hero member
Activity: 3052
Merit: 651
June 27, 2017, 10:14:49 AM
#70
I think he is looking for a bank using his bitcoin as a means of money just like how fiat is.
Why not think of bitcoin like a commodity then maybe that will change your perspective to what bitcoin really is.
I dont think there would be one company that would make a savings account. This are already done by the wallet websites.
full member
Activity: 588
Merit: 100
June 27, 2017, 09:59:14 AM
#69
Is there any upcoming project that would act like a bitcoin savings account?

I hope so there will be a bitcoin savings account.So that its like a bank that you can withdraw anytime youre in need.But I think bitcoin is much easier to process than in the bank.And bitcoin savings is good to those bitcoin savers.Maybe in the coming future they will approve this for the lauching of bitcoin into the world.
newbie
Activity: 50
Merit: 0
June 27, 2017, 08:56:07 AM
#68
Is there any upcoming project that would act like a bitcoin savings account?

There are multiple "sites" offering stable interest but nothing reliable and trustworthy as of now, This is one of the most wanted projects IMO but is very difficult to operate, since this project or "bank" would need to find ways to generate stable interest through lending bitcoins, a very difficult feat as of now.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
June 27, 2017, 03:45:57 AM
#67
You mean bitcoin bank? I cant see anything about it since you are pertaining on bitcoin savings. Why would seek for bank service since we can able to keep our coins in our own wallet which can give us interest without doing nothing depending on the price movement of bitcoin we can keep and control our funds I would like that way rather than putting on some banks or services which do offer this one.
sr. member
Activity: 490
Merit: 250
June 27, 2017, 03:43:37 AM
#66
Is it not a ponzi? Because it is a bit suspicious if so in my part. Anyway I will not take the risk on that. But you mean when you save money you gonna gain the interest? In my part I do not need saving account for bitcoin like interest for my savings because bitcoin itself grew fast, and it is faster than the interest that the saving site can give.  Anyway you have to be very careful if there is so.
sr. member
Activity: 434
Merit: 270
June 27, 2017, 03:30:15 AM
#65
bank pays us interest because they use our money, i guess  thats the basic idea.

so if you want to get interest on btc kept at bank, they should be able to use it. i guess, thats not bad idea. a company or entity investing bitcoins in other projects which gives more bitcoins in return. is nt it the same logic as banks ?

there are none btc banks at the moments.,
legendary
Activity: 2016
Merit: 1107
June 27, 2017, 03:29:24 AM
#64
the best way to get interest on your bitcoins
would be investing them into one of the reputable bitcoin dice or casino sites
make sure they have a plan how to deal with the upcoming forks,like,for example this one here:
https://blog.bitvest.io/post/the-forkening
you will have additional income,just like if you had put bitcoins into a "bank"
mind you,the numerous "banks" and ponzi schemes or HYIPs are NOT the way to invest your coins

freebitcoin offers a relatively safe savings account,but the interest on your coins would be much less than if you
invested it into one of the casino bankrolls
hero member
Activity: 2590
Merit: 644
June 27, 2017, 03:25:23 AM
#63
I don't think there will be bitcoin savings account because we don't really need that kind of project because bitcoin wallets like hardware wallet is enough for a user to store or save our bitcoins for long term and there is nothing new in savings account because it is already implemented in bitcoin wallets out there and if you are really wanting that then think twice because it is like having a centralized bank.
hero member
Activity: 826
Merit: 529
June 27, 2017, 03:13:09 AM
#62
Is it really exist..??
But I didn't hear anything about Bitcoin saving account, I think Bitcoin itself is a saving account. If someone wants to save Bitcoin for a long time so that bitcoin will bring out a handsome amount of profit after that period. So Bitcoin can be a saving account.
hero member
Activity: 1078
Merit: 501
June 27, 2017, 02:27:09 AM
#61
You can save your bitcoin to your btc wallet. Just don't withdraw it and I think its just fine. You can save bitcoin while you are also earning.

save it for long term and check after 5-10 years again
you will suprised and ready to harvest the profit Grin
Yeah maybe it is possible to happen, but of course don't over expect, and I think by checking the value of a bitcoin regularly will also help you to know if you are already earning from your bitcoin wallet or not.  Grin
hero member
Activity: 949
Merit: 517
June 27, 2017, 02:26:02 AM
#60
Is there any upcoming project that would act like a bitcoin savings account?
well actually bitcoin is a savings account you can do it by just creating an address and send your bitcoin to that address and that's it you have a savings account just save your private key or else your bitcoin will be lost forever and i don't think bitcoin saving is going work despite that you can save your own bitcoin without the urge of spending it.

For me my bitcoin online wallet serve me as bitcoin savings bank already because I just hold my bitcoin on those wallet and I gain increase everytime bitcoin market value will rise.
sr. member
Activity: 518
Merit: 271
June 27, 2017, 01:18:07 AM
#59
Is there any upcoming project that would act like a bitcoin savings account?
well actually bitcoin is a savings account you can do it by just creating an address and send your bitcoin to that address and that's it you have a savings account just save your private key or else your bitcoin will be lost forever and i don't think bitcoin saving is going work despite that you can save your own bitcoin without the urge of spending it.
hero member
Activity: 518
Merit: 500
June 26, 2017, 10:46:01 PM
#58
Just hold bitcoins on safe wallets online wallet or offline wallet, if want makes bitcoins from bitcoins
just trade on altcoins use long term strategy investing,
that is best way to get bitcoins right now than save bitcoins on cloud mining service
it will be difficult to get return of Investment.
sr. member
Activity: 1148
Merit: 251
June 26, 2017, 10:34:30 PM
#57
I have bitcoin savings account, using my bitcoin wallet I save it all my income. Also I make another wallet and I connect it to my savings account to easily withdraw my bitcoin into cash if needed.

I didnt heard some platform that has a bitcoin savings account. You are right, I also save my bitcoin into an online wallet were I can save it serves as savings account. Hold and rise to grow the bitcoin price as I beleive it will rise the price and I will earn profit.
hero member
Activity: 882
Merit: 544
June 26, 2017, 10:22:58 PM
#56
Is there any upcoming project that would act like a bitcoin savings account?
I think there aren't any upcoming project that would act like a bitcoin savings account giving interest because you can only store bitcoin on a secure wallet but it does not give interest There are some online wallets who offers that feature but it ain't trusted so I don't recommend it. There are other features that offers you interest for storing your bitcoin on their website specially gambling sites like crypto-games.net but I also dont recommend it. If you want OP test it because their investment feature offers interest.
newbie
Activity: 14
Merit: 0
June 26, 2017, 10:08:32 PM
#55
Bitcoin is incredibly unstable. Unless you plan to spend it immediately after buying it, don't put any money into Bitcoin that you can't afford to lose. If you're planning to put away £100 per week, maybe put £90 into savings and £10 into Bitcoin, or better yet, maybe split the £10 between Bitcoin and Ethereum or something. "Don't put all your eggs in one basket" as it were.
sr. member
Activity: 518
Merit: 250
June 26, 2017, 10:04:27 PM
#54
much improved user bitcoin but value priced up and down but does not affect me to the store and have a savings for the future of my future because it has an advantage that could last longer and the exact time when the price value of bitcoin higher than now
sr. member
Activity: 420
Merit: 282
June 26, 2017, 09:58:58 PM
#53
I have bitcoin savings account, using my bitcoin wallet I save it all my income. Also I make another wallet and I connect it to my savings account to easily withdraw my bitcoin into cash if needed.
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