is there a kind of Bank for bitcoins ?? - page 2.

MaritiJames3

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Quote from: omer_parvez on October 13, 2016, 02:02:25 AM

so i wanna know from all the bitcoiners here is there a some kind of bank where i can deposit my bitcoins and get safe transactions and not worry about theft or lost of wallet ??

I do not think that at the moment there is any kind of bank for the bitcoin because we do not need one yet, maybe in the future we will need some.
But for now I think that it is good the way it is at the moment no need for big changes like that yet.

ipanks

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we are a bank for those bitcoins, and there are no physicly bank for bitcoin. we manage our bitcoin, we spend our bitcoin, and we hold our bitcoin. its about us how to handle our bitcoin.

isen

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Quote from: omer_parvez on October 13, 2016, 02:02:25 AM

so i wanna know from all the bitcoiners here is there a some kind of bank where i can deposit my bitcoins and get safe transactions and not worry about theft or lost of wallet ??

Forget about the bank you don't need a service like this,you are making a big mistake if you think that your coins will be safer in a Bitcoin bank or in an online wallet (it's almost the same to me) than in a hardware wallet that it's well hidden somewhere in your house and this is one of the many advantages that Bitcoin has.

tiggytomb

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There are no bitcoin banks as such, you will find wallet providers such as Coinbase, Circle and many others. Coinbase has a long term storage called the Vault but being similar to a bank you won't find any service being offered.

You need to be your own bank and secure your bitcoins yourself, if you do use one of the providers you need to keep in mind that they own your coins as they control the keys, and there is always the risk that they may go offline, get hacked, or end up running away with your coins, the chances of this happening to the larger ones like Coinbase although slim it is still something you need to be aware of.

I have seen a few sites offering interest on bitcoins invested and showing huge ROI, these sites should be avoided if you want to keep your coins as they are mostly ponzi schemes.

prabowo96

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it's showtime

There's a lot of bitcoin banks, since everyone is their own bank!
Think about it, we don't need none holding our money...

olubams

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Quote from: omer_parvez on October 13, 2016, 02:02:25 AM

so i wanna know from all the bitcoiners here is there a some kind of bank where i can deposit my bitcoins and get safe transactions and not worry about theft or lost of wallet ??

Bitcoin in my opinion, the way its designed is not just like any other currency where you can store like vault or safe or like strong room and the likes but its an e-currency but it actually shares similarities with other currency that you can receive money but the issue is the security which is subjected to hackers day and night especially the online wallets when the site goes down you are denied access to your funds, when they get attcacked then your funds can fly but the best way is the offline wallet in which case you are even more and more secure...

kanazawa

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No... How could a bank act with Bitcoin? Lending money? Managing your account? Transfer money? This is all about Bitcoin and one of the meaning of the existence of it. Now, if you're seeking for some ATM functions, some third party have this solutions. So.... I think that a bank would be meaningless in this situations...

eshaal.khan

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Anna.Tsolidoy

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Your Friend

Bitcoin is the #unbank#. Hold your bitcoins in your own wallet on your computer and hold the keys is the point.
You can also make offline(paper) back up from your wallet.

MaritiJames3

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Quote from: omer_parvez on October 13, 2016, 02:02:25 AM

so i wanna know from all the bitcoiners here is there a some kind of bank where i can deposit my bitcoins and get safe transactions and not worry about theft or lost of wallet ??

I do not think that at the moment there is a Bitcoin bank because that many person do not make use of Bitcoin so it would be a waist of money to be opening random banks.
I do think that it can happen in the future when Bitcoin is maybe more popular.

caxandra

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There is no bank or something like that regarding offering interest or getting stable profit HOWEVER if it's not about getting interest and just for conveniently sending and receiving transactions then you can easily use a wallet like blockchain.info or any PC wallet.

Ardenyham

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I consider my Wallet as my bitcoin bank and it is the most secured and safest place for storing my money.. and about the transaction you can transfer your bitcoin from your wallet to any other wallet without any concern (just take care about the wallet address, one mistake in digits can make you loose,)

Quote from: pedrog on October 13, 2016, 03:52:37 AM

I remember there were a few places where your bitcoins were insured, I think that's what you're looking for.

Xapo have a fully Insured Vault.. if you store thousand BTC there and they got hacked. Xapo will be responsible for them.

Denker

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Quote from: omer_parvez on October 13, 2016, 02:02:25 AM

so i wanna know from all the bitcoiners here is there a some kind of bank where i can deposit my bitcoins and get safe transactions and not worry about theft or lost of wallet ??

Bitcoin was invented that you do not need any kind of bank anymore and you're asking for such a service?
I will never understand guys like you sorry!
Make a few back ups of your wallet.dat and a loss will not happen!
Also theft won't happen when you store your coins wisely. Furthermore there are several good hardware wallets which are pretty simple to use.

Noctis Connor

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Quote from: omer_parvez on October 13, 2016, 02:02:25 AM

so i wanna know from all the bitcoiners here is there a some kind of bank where i can deposit my bitcoins and get safe transactions and not worry about theft or lost of wallet ??

Bitcoin for back i think yes there are kind of banks for bitcoin that you can deposit money im using bitcoin that based on my country and we can deposit bitcoin via banks that automaticaly convert into money and if we want to convert it to bitcoin again it has 1% fee.

johnnyyash

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Quote from: OmegaStarScream on October 13, 2016, 02:06:42 AM

Quote from: omer_parvez on October 13, 2016, 02:02:25 AM

so i wanna know from all the bitcoiners here is there a some kind of bank where i can deposit my bitcoins and get safe transactions and not worry about theft or lost of wallet ??

Bitcoin is all about "being your own bank" . Banks are far from being secure and safe anyway , they could get hacked while when you have bitcoins in your PC , It won't be that easy unless the hacker targets you personally . On banks case , everyone targets it (as It contains millions of dollars).
If you really want to stay safe and have much to store , I'd recommend buying a Trezor (Hardware wallet).

i secondly agree with you...having your btc in your pc i think is save, and thats tru e because your btc can be hacked or not really save using the bank....

requester

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some bitcoin is completely decentralized so there is no governing organization so it runs of its own that is automated.

well if you need load then there is bitjam and to store your bitcoin you have wallet so why you need bitcoin bank. why should you risk your money.

Hirose UK

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Quote from: omer_parvez on October 13, 2016, 02:02:25 AM

so i wanna know from all the bitcoiners here is there a some kind of bank where i can deposit my bitcoins and get safe transactions and not worry about theft or lost of wallet ??

so far I don't know if the bank you mean exists. bitcoin has a wallet which we can call it our own bank. make it secure by using 2 factors authentucator or another security, or you can use paper wallet, etc.

and I want to know what do you mean by lost of wallet.

harizen

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Quote from: omer_parvez on October 13, 2016, 02:02:25 AM

so i wanna know from all the bitcoiners here is there a some kind of bank where i can deposit my bitcoins and get safe transactions and not worry about theft or lost of wallet ??

Let's get to the point, literally there's no bitcoin bank that act like the usual bank.

Safe transaction can be done ay kinds of wallet but just remember that for 'storing purposes' make sure that your bitcoin is untouchable by others and only you can only accessed it.

Some of your concern about safe wallet can be searched via Google, you might give it a try,

Pursuer

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I don't really understand what is the fascination of some people with banks!
do you really not understand what bitcoin is for?

one of the main reasons why bitcoin was created, is that to help us not need any third party AKA banks to handle our finances. besides we don't really need a third party to use as a wallet. yeah if things like SPV wallet didn't exist you could have said I am not willing to run a full node to use bitcoin. but since there are a wide variety of bitcoin wallets you can choose any of them and still be happy.

wikenpp

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Quote from: omer_parvez on October 13, 2016, 02:02:25 AM

so i wanna know from all the bitcoiners here is there a some kind of bank where i can deposit my bitcoins and get safe transactions and not worry about theft or lost of wallet ??

I do not think that there is any bank for Bitcoin at least I have never heard or seen one of them but I think that in the future it can become possible for sure. When Bitcoin is more popular then they have no choice but to do it.
But at the moment there are none of them because they are not really needed at the moment.

Topic: is there a kind of Bank for bitcoins ?? - page 2. (Read 2106 times)