Bitcoin wallet in bank? - page 3. | Bitcointalksearch.org

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Quote from: naidray on October 23, 2016, 02:44:27 PM

Quote from: MONKEYJUNK on October 21, 2016, 08:06:05 PM

I think the best way is putting you paper wallet in a safe box in a bank if you have a lot of bitcoins.

And well, maybe split the bitcoin in various wallets for security reasons.

You can also save it in as many cloud storage platforms like drop as you can so that even if you cannot access it in the first device you stored it, you can still get your bitcoin back by going to the cloud storage platform to get you access details. But always having strong encryption on all back up is highly advised to secure our bitcoins. Without encryption there is no meaning in saving in multiple locations.

No matter how strong the encryption of your paper wallets/digital wallet files are, it's a bad choice to store them in the cloud where they can get seized/stolen by whatever entity. Hackers getting access to your cloud are sneaky and smart enough to come up with a plan to somehow make your device infected to take it over in the hope you have saved up your passwords/encryption keys somewhere. It's of course an extreme situation, but it's risky enough to make it not a wise plan to use cloud for such purposes.

I am not sure who it was, or whether or not he encrypted his wallet file, but a high level member of this forum has been a victim of theft with as result that he lost plenty of coins. He was storing his wallet file in I believe it was his email box. If someone still remembers this, point me towards that thread if you can find it, because I can't.

Dora Doll

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yes in future it is going to happen, as it is expecting that government will consider bitcoin as legal currency, so banks will also allow bitcoin for trading and depositing purposes, and therefore they will prepare wallets fo it.

BeGoods

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Quote from: noictib on October 21, 2016, 09:03:15 PM

Quote from: BingoDog on September 20, 2016, 12:48:01 AM

Do you think that one day you could open Bitcoin wallet in your bank, along with your.ordinary bank account? And will banks have their own wallets? Or maybe they already have? There are some rumors that some banks are preparing themselfes to addopt the Bitcoin and give it to their clients as a new service?

yeah , this service is now very soon will start because the blockchain already contacted the banks of many countries ( recent days in india ) so this news directly reveals that the blockchain is looking to provide a direct fascility of use Bitcoin like fiat in bank .

I was a little bit of doubt this could happen, and if this can happen I also doubt if the user bitcoin want to use bitcoin bank, because of course if they use bitcoin bank to save their btcoin the decentralization bitcoin will not matter right ? because they can control your bitcoin and they know you and your personal data

naidray

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Quote from: MONKEYJUNK on October 21, 2016, 08:06:05 PM

I think the best way is putting you paper wallet in a safe box in a bank if you have a lot of bitcoins.

And well, maybe split the bitcoin in various wallets for security reasons.

You can also save it in as many cloud storage platforms like drop as you can so that even if you cannot access it in the first device you stored it, you can still get your bitcoin back by going to the cloud storage platform to get you access details. But always having strong encryption on all back up is highly advised to secure our bitcoins. Without encryption there is no meaning in saving in multiple locations.

batang_bitcoin

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Quote from: caxandra on October 22, 2016, 08:55:44 AM

I don't think that would happen mostly because banks don't want to take bitcoin and adopt bitcoin anytime soon, I think bitcoins is a money of the future and the banks would also take BTC in the future but not now... I guess a bank could be profitable if it's giving profit in deposits "in btc".

Well it is not really going to happen unless the is going to make it as their business partner. But for me, banks are seeing bitcoin as a threat to their industry and I don't think that they are going to adopt it as the value of bitcoin doesn't have stable value and they are not going to adopt it as they are not certain about getting profit with it.

caxandra

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I don't think that would happen mostly because banks don't want to take bitcoin and adopt bitcoin anytime soon, I think bitcoins is a money of the future and the banks would also take BTC in the future but not now... I guess a bank could be profitable if it's giving profit in deposits "in btc".

shinratensei_

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Quote from: Osarman on October 21, 2016, 02:27:46 PM

i think bitcoin wallet is important in bank and then we can easily use bitcoin and then a lot of people will be get awareness about bitcoin and i look that many people do not know about bitcoin and if bitcoin wallet allow in bank then i hope more people will be use bitcoin and know about bitcoin .

Too many restrictions will you get caused by the wallet is a part of the bank and I think it's not a good combination in this time, I just realize the bank is very greedy for my personally and never wanna for saving my amount in the bank.

gandame

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Quote from: BingoDog on September 20, 2016, 12:48:01 AM

Do you think that one day you could open Bitcoin wallet in your bank, along with your.ordinary bank account? And will banks have their own wallets? Or maybe they already have? There are some rumors that some banks are preparing themselfes to addopt the Bitcoin and give it to their clients as a new service?

I as my research they planning to add bitcoin directly in bank so i hope it gonna be open soon. But maybe its took time to that projects so i wait that time happen to more secure our bitcoin. If that happen many more people do use bitcoin so the users of bitcoin are getting increasing.

Oilacris

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Quote from: delliaerd on October 22, 2016, 12:11:12 AM

Quote from: goldcoinminer on October 21, 2016, 10:01:03 PM

Quote from: noictib on October 21, 2016, 09:03:15 PM

Quote from: BingoDog on September 20, 2016, 12:48:01 AM

Do you think that one day you could open Bitcoin wallet in your bank, along with your.ordinary bank account? And will banks have their own wallets? Or maybe they already have? There are some rumors that some banks are preparing themselfes to addopt the Bitcoin and give it to their clients as a new service?

yeah , this service is now very soon will start because the blockchain already contacted the banks of many countries ( recent days in india ) so this news directly reveals that the blockchain is looking to provide a direct fascility of use Bitcoin like fiat in bank .

I am sorry but I have not heard any news about that, anyway are your from India?

If that will happen then we will lose our opportunity to transact in an anonymous way because banks do not normally allow under their strict implementation of the KYC Policy.

Yeah I have not heard about any news about that too. national bank of my country was trying to do something like blockchain did too. I watch it in my regular tv show a few month ago. they said that people are very very interested with mobile transaction this day. And it will be a big business in the future. May be bank will make cooperation with blockchain which have the better experience of mobile transaction. But if it is realy happen, it will give a chance for the goverment to rule bitcoin, atleast goverment will have a change to force bitcoin users to pay tax.

I dont think so, that these things would be implement by the government hence bitcoin is uncontrollable which means government dont have any access into bitcoin and as we all know govt would hate this things for sure if they saw they would not able to control bitcoin.

delliaerd

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Quote from: goldcoinminer on October 21, 2016, 10:01:03 PM

Quote from: noictib on October 21, 2016, 09:03:15 PM

Quote from: BingoDog on September 20, 2016, 12:48:01 AM

Do you think that one day you could open Bitcoin wallet in your bank, along with your.ordinary bank account? And will banks have their own wallets? Or maybe they already have? There are some rumors that some banks are preparing themselfes to addopt the Bitcoin and give it to their clients as a new service?

yeah , this service is now very soon will start because the blockchain already contacted the banks of many countries ( recent days in india ) so this news directly reveals that the blockchain is looking to provide a direct fascility of use Bitcoin like fiat in bank .

I am sorry but I have not heard any news about that, anyway are your from India?

If that will happen then we will lose our opportunity to transact in an anonymous way because banks do not normally allow under their strict implementation of the KYC Policy.

Yeah I have not heard about any news about that too. national bank of my country was trying to do something like blockchain did too. I watch it in my regular tv show a few month ago. they said that people are very very interested with mobile transaction this day. And it will be a big business in the future. May be bank will make cooperation with blockchain which have the better experience of mobile transaction. But if it is realy happen, it will give a chance for the goverment to rule bitcoin, atleast goverment will have a change to force bitcoin users to pay tax.

th3nolo

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perhaps in the near future will see more often this type of proposal, initially the bitcoin was created to not depend on third parties. but every year more and more people moves their money to bitcoin. The banks basically always want our money so in the future probably we will see something interesting regarding bitcoin banks. Grin

Vhern

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Bitcoin = Descentralized
Bank = Centralized

I really don't understand why, just keep your own wallet safe and enjoy the freedom!

goldcoinminer

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Quote from: noictib on October 21, 2016, 09:03:15 PM

Quote from: BingoDog on September 20, 2016, 12:48:01 AM

Do you think that one day you could open Bitcoin wallet in your bank, along with your.ordinary bank account? And will banks have their own wallets? Or maybe they already have? There are some rumors that some banks are preparing themselfes to addopt the Bitcoin and give it to their clients as a new service?

yeah , this service is now very soon will start because the blockchain already contacted the banks of many countries ( recent days in india ) so this news directly reveals that the blockchain is looking to provide a direct fascility of use Bitcoin like fiat in bank .

I am sorry but I have not heard any news about that, anyway are your from India?

If that will happen then we will lose our opportunity to transact in an anonymous way because banks do not normally allow under their strict implementation of the KYC Policy.

noictib

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Quote from: BingoDog on September 20, 2016, 12:48:01 AM

Do you think that one day you could open Bitcoin wallet in your bank, along with your.ordinary bank account? And will banks have their own wallets? Or maybe they already have? There are some rumors that some banks are preparing themselfes to addopt the Bitcoin and give it to their clients as a new service?

yeah , this service is now very soon will start because the blockchain already contacted the banks of many countries ( recent days in india ) so this news directly reveals that the blockchain is looking to provide a direct fascility of use Bitcoin like fiat in bank .

Barbut

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Why would I use bank to store my bitcoins, and why would I use them to send and receive my bitcoins?
I can do that without them, and I don't need them, all they can add is some fees and their profit on my money. Like this now it's perfect, and I think this with bitcoin bank accounts or wallets can't pass with people. Only way for me to accept this is blackmail, to make that like necessary to have if we wish to use bitcoins.

JITENDERPAR3

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Quote from: BingoDog on September 20, 2016, 12:48:01 AM

Do you think that one day you could open Bitcoin wallet in your bank, along with your.ordinary bank account? And will banks have their own wallets? Or maybe they already have? There are some rumors that some banks are preparing themselfes to addopt the Bitcoin and give it to their clients as a new service?

ofcourse , i am thinking the same thought from last 9-10 months . because i think that everyone is coming in the bitcoin world and will start new service than it may be possible a new millionaire comes in bitcoin world and make bitcoin bank where we can open bitcoin account like bank account .

Jeremycoin

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This could happen, but as we know that Bitcoin isn't supposed to be like that. There will maybe some banks making this kind of service, but there won't be many people using it.
You can't treat Bitcoin just like an ordinary currency, Bitcoin is different.

MONKEYJUNK

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I think the best way is putting you paper wallet in a safe box in a bank if you have a lot of bitcoins.

And well, maybe split the bitcoin in various wallets for security reasons.

Osarman

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i think bitcoin wallet is important in bank and then we can easily use bitcoin and then a lot of people will be get awareness about bitcoin and i look that many people do not know about bitcoin and if bitcoin wallet allow in bank then i hope more people will be use bitcoin and know about bitcoin .

coinsocieties

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This would actually be a nice conversion at this time, however the bank would probably try to charge you fees out the butt!! The banks are only into this all for money and unless they can make a buck, they have no interest.

Topic: Bitcoin wallet in bank? - page 3. (Read 6916 times)