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Topic: Is there any BTC bank? - page 2. (Read 2962 times)

hero member
Activity: 543
Merit: 500
April 25, 2014, 09:08:03 AM
#56
You need to control you money by yourself. we don't need banks!

+1. Never store your bitcoin on exchange or "btc bank", as it can go down anytime even if it is (was) the largest one. Smiley
hero member
Activity: 518
Merit: 500
April 25, 2014, 08:48:50 AM
#55
 did u find any btcbanks
member
Activity: 117
Merit: 10
Long live Bitcoin.
April 25, 2014, 08:36:33 AM
#54
You need to control you money by yourself. we don't need banks!
hero member
Activity: 614
Merit: 500
April 25, 2014, 06:32:04 AM
#53
I really can't understand why people keep asking for a btc bank.  Huh
newbie
Activity: 58
Merit: 0
April 25, 2014, 06:26:28 AM
#52
In my dream there will be a real BTC bank in not far away future
newbie
Activity: 38
Merit: 0
April 23, 2014, 10:14:41 PM
#51
I know one BTC bank

https://bitcoinsand.com

It is created by the Li xiaolai, the NO.1 richest btc owner in china.
sr. member
Activity: 462
Merit: 250
April 22, 2014, 02:03:06 AM
#50
Why on earth would you want to trust a central server with your hard earned coins?
full member
Activity: 224
Merit: 101
April 21, 2014, 04:20:01 PM
#49
Who would borrow bitcoins when they are available to buy everywhere? Seems like a good way to lose your money.
newbie
Activity: 13
Merit: 0
April 21, 2014, 01:40:45 PM
#48
legendary
Activity: 938
Merit: 1000
April 21, 2014, 08:34:58 AM
#47
I mean the bank giving out some interest or making some loans.

Is there only wallet in BTC world?

If so, one more question...WHY?

I think it's more appropriate to ask "why a bank?" When it comes to Bitcoin, what extra services or security could a bank offer that is not an inherent part of Bitcoin itself?

Yes, i don't think that bitcoin needs bank. Some of people want to attach FIAT money, banking criterion for bitcoin...  Huh
hero member
Activity: 742
Merit: 502
Circa 2010
April 21, 2014, 07:31:05 AM
#46
Why would there be a bank... Is it really that hard to secure your wallet with a password of sufficient entropy that you can remember? Not to mention, a conventional bank would ruin the anonymity part of Bitcoin and  much of the decentralization purpose.
full member
Activity: 224
Merit: 101
April 21, 2014, 07:25:09 AM
#45
I'm sure there are some "banks" around. You basically send all your money and they falsely promise interest on that money, and you'll never be able to withdraw it again. No, this is not the point of bitcoins, be your own bank. Smiley

True.
Why send your bitcoin to someone else and ask him/her to hold it for you, instead of holding the bitcoin yourself? Cheesy
To get some sort of interest. Altho all those interest / investment schemes are scams.

You get next to zero interest now anyway, but banks only make their money by lending it out at extortionate rates. We shouldnt support their loan sharking.
No I definitely agree, that's why I like bitcoin, the thought of a decentralized currency is just great. Banks aren't made to help people, they're there to make profit. Smiley
newbie
Activity: 9
Merit: 0
April 21, 2014, 03:34:30 AM
#44
Bitcoin was created as an alternative to the greedy bankers. And now you want Banks which deals with BTC?

Exactly this. The great thing about bitcoin is we can be our own banks. We need to get away from our reliance on them.

bank of bitcoin is for lazy people, how want have deposits from mining btc
full member
Activity: 121
Merit: 100
April 20, 2014, 07:06:11 PM
#43
I dont think there is a btc bank..  Tongue

Isnt the purpose of btc to kill the banks from printing money. (decentralized currency)
hero member
Activity: 756
Merit: 500
April 20, 2014, 03:50:18 PM
#42
I'm sure there are some "banks" around. You basically send all your money and they falsely promise interest on that money, and you'll never be able to withdraw it again. No, this is not the point of bitcoins, be your own bank. Smiley

True.
Why send your bitcoin to someone else and ask him/her to hold it for you, instead of holding the bitcoin yourself? Cheesy
To get some sort of interest. Altho all those interest / investment schemes are scams.

You get next to zero interest now anyway, but banks only make their money by lending it out at extortionate rates. We shouldnt support their loan sharking.
full member
Activity: 224
Merit: 101
April 20, 2014, 03:37:59 PM
#41
I'm sure there are some "banks" around. You basically send all your money and they falsely promise interest on that money, and you'll never be able to withdraw it again. No, this is not the point of bitcoins, be your own bank. Smiley

True.
Why send your bitcoin to someone else and ask him/her to hold it for you, instead of holding the bitcoin yourself? Cheesy
To get some sort of interest. Altho all those interest / investment schemes are scams.
hero member
Activity: 672
Merit: 500
April 20, 2014, 03:36:05 PM
#40
Traditional banks wants your deposites and pays you interest because they can loan out money and charge higher interest. If there is no real demand for contracted loans in the current bitcoin environment, there is no market for a bitcoin bank.
hero member
Activity: 756
Merit: 500
April 20, 2014, 03:20:34 PM
#39
Bitcoin was created as an alternative to the greedy bankers. And now you want Banks which deals with BTC?

Exactly this. The great thing about bitcoin is we can be our own banks. We need to get away from our reliance on them.
hero member
Activity: 561
Merit: 500
April 20, 2014, 02:58:29 PM
#38
I'm sure there are some "banks" around. You basically send all your money and they falsely promise interest on that money, and you'll never be able to withdraw it again. No, this is not the point of bitcoins, be your own bank. Smiley

True.
Why send your bitcoin to someone else and ask him/her to hold it for you, instead of holding the bitcoin yourself? Cheesy
full member
Activity: 224
Merit: 101
April 20, 2014, 01:55:59 PM
#37
Don't ask for banks or we'll see them popping up in no time, ready to scam you. Cheesy
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