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Topic: Hello crypto! Bye bye credits? - page 20. (Read 3144 times)

member
Activity: 303
Merit: 12
June 08, 2018, 09:41:29 AM
#75
I hope it will be the fact that the presence of this bitcoin, which I feel today is far from appealing to credit.

because our credit is in debt, because our credit has big interest, we make the effort to get the money just to pay the credit bill, while the need of money is very much.

yes I hope with the presence of this bitcoin can benefit the crowds.
newbie
Activity: 154
Merit: 0
June 08, 2018, 09:26:38 AM
#74
sometimes i still prefer credits, but it's gon be yesterday soon for crypto users.


I don't think bitcoin loan or credits is possible, it is different from any banking institution. And the value of bitcoin and cryptocurrency is volatile in nature. It is hard to put standards in bitcoin as decentralized blockchain technology.
full member
Activity: 294
Merit: 100
June 08, 2018, 09:19:04 AM
#73
You can obtain some bitcoin or different coins to your companion however I think no organization right now that enables you to advance some cryptos.
member
Activity: 168
Merit: 10
June 08, 2018, 09:06:42 AM
#72
I see a lot of things putting the future of crypto currency under doubt. But I think that it will develop and improve on the contrary. I see good growth dynamics, so it's too early to say crypto currency good-bye Wink
sr. member
Activity: 448
Merit: 250
June 06, 2018, 01:04:02 AM
#71
it never disappear, maybe about 20 or 30 years)) it is a huge kind of business. But i think banks in future studied to be competitors to bitcoin
full member
Activity: 350
Merit: 100
June 04, 2018, 07:59:39 PM
#70
i dont know about the loan in bank system but for the bitcoin system i found many website that offers the loan or you can be the investor for loan and you will get the profit if you loan your bitcoin to another people, i think the best sytem to give a loan is do KYC so if the loan is not paid the institution can find that people
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
June 04, 2018, 06:49:14 PM
#69
I wonder this: if the usual banking system will disappear as such, then she will leave and credit system, leasing and installment payment, debt, etc. As there is no centralized authority that can issue and track correctness of performance. To some extent, this is certainly good, but in fact people who can not immediately earn a large amount of money and will remain in the lower levels of life, which gives the modern banking system (though not ideal). What do you think about this? How to Take a loan in cryptocurrency?


If I'm not wrong have offer for the credit's herein crypto currency take a look at the lending section of this forum bitcointalk have some crypto's investor offering installment system as lending company and learn it how to be qualified LENDER.and of course if the cryptos replace the traditional money the credit card offering by the bank are end.
member
Activity: 728
Merit: 24
May 30, 2018, 12:18:33 PM
#68
sometimes i still prefer credits, but it's gon be yesterday soon for crypto users.
Loans are a necessary measure for people who want to live now but do not have the opportunity to earn the necessary amount of money in a short period of time. Such a layer of people will always be there and if the crypto-currency market solves this problem in its field, it will be a leap to a new level of crypto - economy.
member
Activity: 728
Merit: 24
May 29, 2018, 09:52:42 AM
#67
I think it is good idea but take note of the volatility of cryptocurrency. It would not be good to both sides if the price falls or rise in large amounts and the interest of loan will also get affected.
This is the case-any cryptocurrency must be tied to a hard currency, and if there is a hard currency, then there are banks and the entire classical financial system. Actually a vicious circle, but this is the question - how to get out of this circle and find a way to lend to a cryptocurrency based on blockchain
member
Activity: 728
Merit: 24
May 29, 2018, 09:49:45 AM
#66
I wonder this: if the usual banking system will disappear as such, then she will leave and credit system, leasing and installment payment, debt, etc.
Banking system will never disappear exactly for the reasons you've listed - credit system and leasing.
Too many people are tied up by conventional crediting rules. Of course there are services where you can a bitcoin loan, but they are not as widespread as traditional banks.
And you are faced with the companies, where at the moment, perhaps lending to the cryptocurrency? It would be interesting to know more information in this stream. Unfortunately, I have not seen such people yet.
newbie
Activity: 112
Merit: 0
May 26, 2018, 03:44:06 AM
#65
sometimes i still prefer credits, but it's gon be yesterday soon for crypto users.
member
Activity: 294
Merit: 17
May 24, 2018, 09:22:41 AM
#64
I think it is good idea but take note of the volatility of cryptocurrency. It would not be good to both sides if the price falls or rise in large amounts and the interest of loan will also get affected.
sr. member
Activity: 462
Merit: 250
bvo.trybravo.com
May 24, 2018, 09:15:05 AM
#63
I wonder this: if the usual banking system will disappear as such, then she will leave and credit system, leasing and installment payment, debt, etc.
Banking system will never disappear exactly for the reasons you've listed - credit system and leasing.
Too many people are tied up by conventional crediting rules. Of course there are services where you can a bitcoin loan, but they are not as widespread as traditional banks.
newbie
Activity: 140
Merit: 0
May 24, 2018, 08:13:44 AM
#62
As the crypto is the currency of new era as people prefer that they don't have to carry anything except there cell phone to buy anything by paying through digital currency through the wallet in there phone.This phenomena has started in some parts of the world
member
Activity: 358
Merit: 11
May 24, 2018, 05:09:52 AM
#61
The introduction of cryptocurrency will not have much effect on banking system like credit , loan and other essential services offered by banks. Crypto can exist while banking activities will still operate , but not to make it disappear.
jr. member
Activity: 224
Merit: 8
May 24, 2018, 05:01:42 AM
#60
Well there are ICO projects already aiming to have a loan for a crypto and i do not know how it works. I was just actually having some interest with the project since i myself had also gone to banks to get a salary loan. I have my first salary loan in the bank when i bought a subdivision lot near to my work and now i am still paying that lot which is being deducted to my monthly salary for the its montly ammortization.
sr. member
Activity: 1960
Merit: 329
May 24, 2018, 04:58:02 AM
#59
i have never considered about loan in crypto, seem like difficult and hard to process.
It is not that difficult to process. You will need to provide a collateral to be able to access the loan just like what is done in the banking sector. There is a section of this forum called Lending, https://bitcointalk.org/index.php?board=65.0, that is into that. But the problem is that if you default in repayment on time your account will be painted red.
bce
sr. member
Activity: 756
Merit: 250
May 24, 2018, 04:45:21 AM
#58
I wonder this: if the usual banking system will disappear as such, then she will leave and credit system, leasing and installment payment, debt, etc. As there is no centralized authority that can issue and track correctness of performance. To some extent, this is certainly good, but in fact people who can not immediately earn a large amount of money and will remain in the lower levels of life, which gives the modern banking system (though not ideal). What do you think about this? How to Take a loan in cryptocurrency?
Cryptocurrency with savings and loan I do not think there is and can not be done because in my country bitcoin not become the official currency can be used as a system of sale and purchase transactions and savings and loans, even credit
member
Activity: 728
Merit: 24
May 24, 2018, 04:39:23 AM
#57
Crypto loans will be a trend very soon and some crypto banks projects are already working with this new scenario
What kind of banks? there are links to sources?
member
Activity: 728
Merit: 24
May 24, 2018, 04:38:40 AM
#56
yep, this is why banks always hate crypto and always issue bad news about crypto
because crypto has the potential to displace all services in the banking
when that happens, then the conventional bank will not have any more customers
I think that the system of banks will remain, but it will belong to individuals, and possibly to one particular person who owns a full set of knowledge of the whole Bank.
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