It's a worthless Idea..
You can store bitcoin in any online wallet and it will rise or fall..
There is no need of any btc bank,
Topic: Do you agree with idea "Bitcoin bank" ? - page 77. (Read 142276 times)
looool this is impossible 
Yes. They will just create their own instead of leaning on something that is not theirs. That is how bank owners think. It is all about the money and holding the customers not giving them freedom.
almost average of peopl not agree if bitcoin have a bank,bitcoin bank will kill bitcoin in my opinion,and its will make people stop using bitcoin because bitcoin no more decentralized.
Yes true, I also do not agree to the existence of the bitcoin bank, with the bitcoin bank certainly will be many rules so that the use of the bitcoin will depend from the bank. We all know, to open an account in the bank required personal data that issued by the country so that it will be the same as conventional bank.All because they think it's secure and that it will allow them to earn interest over their coins where I think the latter aspect plays the biggest role here.
Reading through this thread it's really mind boggling how easy people are convinced to have their coins stored elsewhere just for a tiny bit of interest after a full year.
almost average of peopl not agree if bitcoin have a bank,bitcoin bank will kill bitcoin in my opinion,and its will make people stop using bitcoin because bitcoin no more decentralized.
Yes true, I also do not agree to the existence of the bitcoin bank, with the bitcoin bank certainly will be many rules so that the use of the bitcoin will depend from the bank. We all know, to open an account in the bank required personal data that issued by the country so that it will be the same as conventional bank. 
almost average of peopl not agree if bitcoin have a bank,bitcoin bank will kill bitcoin in my opinion,and its will make people stop using bitcoin because bitcoin no more decentralized.
nope I think every user has freedom over what they choose and, if you choose not to use bitcoin bank and choose a wallet, it is okay, because you're free to choose anything dude 
almost average of peopl not agree if bitcoin have a bank,bitcoin bank will kill bitcoin in my opinion,and its will make people stop using bitcoin because bitcoin no more decentralized.
How do you know that? Average people either don't care about Bitcoin altogether or just don't know what it is in the first place
almost average of peopl not agree if bitcoin have a bank,bitcoin bank will kill bitcoin in my opinion,and its will make people stop using bitcoin because bitcoin no more decentralized.
I think it's unlikely to happen, because bitcoin itself decentralized and become centralized make bitcoin not "bitcoin" anymore. But if the bank could adopt a bitcoin without change the nature of decentralization then I think it could attract the attention of some people. Moreover, as I have said in previous comments, if the bitcoin bank can be more profitable. So I think people can keep their money in bitcoin bank's. Thank you
Bitcoin decentralization refers mainly to how new bitcoins are issued by miners and Bitcoin transactions are confirmed in a decentralized manner by the Bitcoin network. That's what makes Bitcoin what it is, and no Bitcoin bank will ever change that. Did web wallets change anything in this respect? In fact, Bitcoin has already got heavily centralized at least in two aspects, but neither Bitcoin banks nor web wallets are involved in that. I refer to mining power accumulated by the Chinese miners and trading volume operated by the Chinese exchanges...
It seems that you meant to say that Bitcoin banks could pile up too many bitcoins but that's unlikely
I agree with idea bitcoin bank, because with the bank we can use bitcoin as legal currency in the countries, and also with bitcoin bank more make us trust because the price is stable.
almost average of peopl not agree if bitcoin have a bank,bitcoin bank will kill bitcoin in my opinion,and its will make people stop using bitcoin because bitcoin no more decentralized.
I think it's unlikely to happen, because bitcoin itself decentralized and become centralized make bitcoin not "bitcoin" anymore. But if the bank could adopt a bitcoin without change the nature of decentralization then I think it could attract the attention of some people. Moreover, as I have said in previous comments, if the bitcoin bank can be more profitable. So I think people can keep their money in bitcoin bank's. Thank you
I dont see the real need of such bitcoin bank at all, whats the purpose let the coins safe? Trust into a third companie to store your bitcoins? To get extra interest montly or year? Anyway i do know we do use web wallets, and wallets made for a third company, but they havent control over the coins, something a bank would get, i like the freedom that i do have now and there is no way to such thing happen and make me change my mind.
I agree with your point that online wallets are working like banks for bitcoin and with them we often feel insecurity and prefer desktop wallets and consider the desktop wallets as more secure so not any more banks like them we need we are happy to have our coins with us.Desktop clients are indeed the better option as you have full control over every aspect of your coins, but that's assuming you run on a clean cumputer with the required security measures. It's not that when you make use of a desktop client that you automatically enjoy a high level of security. It's as safe as you want it to be. That's why it's important to secure all your wallet files with lengthy passphrases. On top of that you can add an extra layer of protection by encrypting your wallet files
That would really add nothing to security
Your private key is still held in memory unencrypted for some time (I don't even mention keyloggers), so if your computer gets compromised, most likely you can kiss your coins good-bye. Even if you run Linux in an unprivileged environment, there are exploits that allow the attacker to get root access (if you use unpatched kernel). Once I did that myself on my own Linux box for test purposes. I found an exploit for my version of kernel, it was just a few lines of bash code, and voila, I got root access from an unprivileged account. And with root access (administrative access in case of Windows) you can do pretty much anything (e.g. read any segment of memory)
almost average of peopl not agree if bitcoin have a bank,bitcoin bank will kill bitcoin in my opinion,and its will make people stop using bitcoin because bitcoin no more decentralized.
looool this is impossible
Yes. They will just create their own instead of leaning on something that is not theirs. That is how bank owners think. It is all about the money and holding the customers not giving them freedom.
looool this is impossible
I think that we don't need to discard this idea at start. Of course that Bitcoin users have negative opinion when banks are mentioned because they probably think on traditional banking system that Bitcoin is total oposite to. I feel that too. But for Bitcoin bank we can use the best banking features and discard all the worst. I'm not saying that I'm 100% for Bitcoin bank but I'd like to say that this idea maybe could be more developed and adjusted to the Bitcoin.
" for Bitcoin bank we can use the best banking features and discard all the worst".... Why do you think current banks discard the worse and use the best features? ...it's because this is how banks earn, a perfect bank for consumers will be a bank in loss.
The bitcoin bank is maybe a good idea but for some it will also not be so good due to the fact that they want to stay anonymous and with this it will be more difficult than ever.. its also too central.
bitcoin bank only for those people who do not really care anonymous and decentralized, so any free user wants to use bitcoin bank or not. because his life, every user is free to use bitcoin for anything I dont see the real need of such bitcoin bank at all, whats the purpose let the coins safe? Trust into a third companie to store your bitcoins? To get extra interest montly or year? Anyway i do know we do use web wallets, and wallets made for a third company, but they havent control over the coins, something a bank would get, i like the freedom that i do have now and there is no way to such thing happen and make me change my mind.
I agree with your point that online wallets are working like banks for bitcoin and with them we often feel insecurity and prefer desktop wallets and consider the desktop wallets as more secure so not any more banks like them we need we are happy to have our coins with us.Desktop clients are indeed the better option as you have full control over every aspect of your coins, but that's assuming you run on a clean cumputer with the required security measures. It's not that when you make use of a desktop client that you automatically enjoy a high level of security. It's as safe as you want it to be. That's why it's important to secure all your wallet files with lengthy passphrases. On top of that you can add an extra layer of protection by encrypting your wallet files.
The bitcoin bank is maybe a good idea but for some it will also not be so good due to the fact that they want to stay anonymous and with this it will be more difficult than ever.. its also too central.
I dont see the real need of such bitcoin bank at all, whats the purpose let the coins safe? Trust into a third companie to store your bitcoins? To get extra interest montly or year? Anyway i do know we do use web wallets, and wallets made for a third company, but they havent control over the coins, something a bank would get, i like the freedom that i do have now and there is no way to such thing happen and make me change my mind.
I agree with your point that online wallets are working like banks for bitcoin and with them we often feel insecurity and prefer desktop wallets and consider the desktop wallets as more secure so not any more banks like them we need we are happy to have our coins with us. 
I keep seeing people say things like "I don't understand why you would put your bitcoin in a bank". I think you are misunderstanding what a bank can do for people.
Most people HAVE NO BITCOIN. Most people do have collateral. A bank is able to judge the credit worthiness of people with collateral and loan them bitcoin. It would be a way to buy a house and have a mortgage denominated in bitcoin.
The value of banks is this ability to judge credit worthiness and give people who have no bitcoin access to bitcoin. The banks are willing to assume the risk. They are willing to pay interest to people who trust them and deposit bitcoin in banks
Most people HAVE NO BITCOIN. Most people do have collateral. A bank is able to judge the credit worthiness of people with collateral and loan them bitcoin. It would be a way to buy a house and have a mortgage denominated in bitcoin.
The value of banks is this ability to judge credit worthiness and give people who have no bitcoin access to bitcoin. The banks are willing to assume the risk. They are willing to pay interest to people who trust them and deposit bitcoin in banks
Obviously, you failed to account for something
Something which will render the whole idea of lending bitcoins unrealistic as of now. And it is not Bitcoin depreciation like what you mean with fiat that will make this idea fail. It is the exact opposite of that. I mean possible Bitcoin appreciation. i.e. its price rising. Let's assume a bank offers Bitcoin deposits at 1% and loans bitcoins at 5% interest rates annually. Now it takes collateral at, say, 120% dollar worth of the current Bitcoin price. Someone takes a loan from the bank and provides real collateral (let it be his house). Then Bitcoin price surges a few times within a year, and the borrower happily defaults on his loan buying a better house instead of his collateralized one and still having some bitcoins left in his pockets. But the bank can sell the house only for a part of the bitcoins it loaned out while it still has to pay interest on Bitcoin deposits it attracted, right? And from where will it get the bitcoins outstanding?
Actually, I completely agree with you. I can't see anyone borrowing in bitcoins any time soon, so the whole point of bitcoin banks is moot.
Still, I think the common sentiment should be 'we wish there were bitcoin banks that make loans to any trustworthy person who needs bitcoin' and of course carry the risk.
By the way, the technical side in a volatile market from the bank's point of view is clear. In case of default, the bank would repossess the collateral and sell it for bitcoin, of course. And just like the current system with home values that go up or down, banks would require the owner to hold plenty of equity in his collateral.
Banks could make a business of this. But, as you said, no one in his right mind would take on a bitcoin loan if his salary is in fiat and bitcoin is on a rising curve.
No banks here. Nothing to see. Move along please.
I dont see the real need of such bitcoin bank at all, whats the purpose let the coins safe? Trust into a third companie to store your bitcoins? To get extra interest montly or year? Anyway i do know we do use web wallets, and wallets made for a third company, but they havent control over the coins, something a bank would get, i like the freedom that i do have now and there is no way to such thing happen and make me change my mind.
And also, we are not forced to use web wallets or any of these services, we have other options for storing our bitcoins without involving any third party, so why would we need a bank for storing our coins while we can keep them safe with us? It is obviously not needed at all.
I dont see the real need of such bitcoin bank at all, whats the purpose let the coins safe? Trust into a third companie to store your bitcoins? To get extra interest montly or year? Anyway i do know we do use web wallets, and wallets made for a third company, but they havent control over the coins, something a bank would get, i like the freedom that i do have now and there is no way to such thing happen and make me change my mind.
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