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Topic: Is there any BTC bank? (Read 2962 times)

newbie
Activity: 24
Merit: 0
May 05, 2014, 05:41:12 AM
#76
Nope, there is no BTC bank now.
I remember there was a pilot version of BTC bank or a usual bank that make some operations with BTC , but it has a fiasco
newbie
Activity: 74
Merit: 0
May 04, 2014, 12:56:19 PM
#75
There is no market for a bitcoin bank because there is no real demand for contracted loans in the current bitcoin environment.
sr. member
Activity: 518
Merit: 250
May 04, 2014, 12:44:24 PM
#74
 I can be BTC bank. Do you want I maintain your money?  Smiley
newbie
Activity: 41
Merit: 0
May 04, 2014, 09:23:19 AM
#73
There was one in Canada called Flexcoin  but was closed by a hackers withdraw...

 http://www.thestar.com/business/2014/03/05/canadian_bitcoin_bank_collapses_after_hackers_steal_digital_currency.html

Its better to be your own bank

Copy coins to usb,  bury that drive in back yard for two years, dig it up vol-la interest paid.
legendary
Activity: 1960
Merit: 1005
April 30, 2014, 07:11:41 AM
#72
I know the islamic bank of bitcoin, they are giving loans for no fee.
BR,
Gondel
full member
Activity: 191
Merit: 100
April 30, 2014, 06:51:29 AM
#71
Banks have NO IDEA over the value of the coin (they can only guess), unlike FIAT money, for which they use guns and laws.
newbie
Activity: 36
Merit: 0
April 30, 2014, 06:48:49 AM
#70
I'm in the "BTC was designed to bypass banks" boat. Seems odd to go looking for one now.
cp1
hero member
Activity: 616
Merit: 500
Stop using branwallets
April 29, 2014, 03:41:53 PM
#69
I belive there will be lost of Bitcoin banks. It's the money of future.

I guess you meant there will lots of bitcoin banks. Smiley

Unlike fiat, we can manage our bitcoin and make international transfers ourselves easily.
So, there is no incentive to put bitcoin in such "banks".

When bitcoin banks are involved, lost is more correct.
hero member
Activity: 662
Merit: 500
April 29, 2014, 09:23:23 AM
#68
I belive there will be lost of Bitcoin banks. It's the money of future.

I guess you meant there will lots of bitcoin banks. Smiley

Unlike fiat, we can manage our bitcoin and make international transfers ourselves easily.
So, there is no incentive to put bitcoin in such "banks".
newbie
Activity: 12
Merit: 0
April 29, 2014, 08:21:15 AM
#67
I belive there will be lost of Bitcoin banks. It's the money of future.
sr. member
Activity: 434
Merit: 251
April 28, 2014, 11:08:47 PM
#66
there isnt really a bitcoin bank because that is your wallet. but there is something now called xapo that is a debit card with a bank and savings account for bitcoin tat when u go to store u swipe debit card and u spend your bitcoins but its traded to usd instantly at current price.
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
April 28, 2014, 06:16:31 AM
#65
Wouldnt banks naturally trade with BTC if it becomes a valuable currency?
You cant gain interest with BTC either unless you consider its inflation as interest! lol

Isn't it already a valuable currency, or do you mean valid?

Wouldnt banks naturally trade with BTC if it becomes a valuable currency?
You cant gain interest with BTC either unless you consider its inflation as interest! lol

I'm sure banks would appear eventually.

I'm sure they will spring up in some form at onepoint, but I don't see why we would need them.
legendary
Activity: 1134
Merit: 1002
April 28, 2014, 05:45:44 AM
#64
It would mean a lot of risk, Look at inputs.io

And that was even run by a "trustworthy" (before the "so-called hack") person.
sr. member
Activity: 354
Merit: 250
April 28, 2014, 05:33:01 AM
#63
Wouldnt banks naturally trade with BTC if it becomes a valuable currency?
You cant gain interest with BTC either unless you consider its inflation as interest! lol

I'm sure banks would appear eventually.
legendary
Activity: 1918
Merit: 1001
April 28, 2014, 05:27:50 AM
#62
Wouldnt banks naturally trade with BTC if it becomes a valuable currency?
You cant gain interest with BTC either unless you consider its inflation as interest! lol
legendary
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
April 27, 2014, 10:05:59 AM
#61
It would mean a lot of risk, Look at inputs.io
newbie
Activity: 2
Merit: 0
April 27, 2014, 07:14:42 AM
#60
I've heard of Bitcoin hedge funds which in some way act like banks with interest on deposits.
hero member
Activity: 569
Merit: 500
April 26, 2014, 05:07:35 AM
#59
If BTC or any cryptos take off, of course banks will accept them! Just a matter of time.
The banks dont want to loose out.

But we don't need to have banks in bitcoin. I don't think many people will deposit their bitcoin in a bank, especially after all these hacks and scams.
legendary
Activity: 1918
Merit: 1001
April 26, 2014, 12:16:19 AM
#58
If BTC or any cryptos take off, of course banks will accept them! Just a matter of time.
The banks dont want to loose out.
member
Activity: 109
Merit: 10
April 25, 2014, 11:28:40 PM
#57
Look what happens to online sites like Mt Gox, your best bet is to keep them yourself.
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