Topic: Will banks ever offer bitcoin deposits? - page 19. (Read 6383 times)
I think that could happen in the future. Banks sooner or later will have to adapt with bitcoin (that if the government already legalized bitcoin into the country). It's a win win solution for bitcoin holder and the banks. But the chance for that to happen would be small. Since there are many sides against bitcoin.
If world bank support bitcoin it's good, maybe risk in use bitcoin will reduce and also more and more bitcoin users. But because price of bitcoin isn't stable and bitcoin form is digital not physical maybe world bank will confused how to do transaction and the profit sharing?. I don't know what can happen in future. But the most important we need to support bitcoin. 
We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
No, I think that banks will never offer deposits in bitcoin. Such services for them will be very risky and at such a risk they will never go. Also, for the same reason, they will not give out loans in bitcoin. The only thing they will do is provide services for the exchange of crypto currency in fiat and fiat in the crypto currency. What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
I believe it would happen in the nearest future.
If the present blockchain ecosystem is improved on to push for the mass adoption of bitcoin.
If the present blockchain ecosystem is improved on to push for the mass adoption of bitcoin.
If it will happen which is higly unlikely, then it would be interesting how the price would react not because of this kind of news but how would banks use BTC which is stored in their system.
Surely there would be more volume and more manipulation.
Surely there would be more volume and more manipulation.
We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
Every business needs to adapt to changes and challenges like this. Im pretty sure banks are already finding ways to join the bandwagon.they will surely profit from it. It would just be a matter of time until they accept bitcoin deposit and withdrawals.
We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
Bitcoin is unpredictable in nature, I trust you will realize that and afterward banks dependably anticipate that the steady cash will store them as it were. On the off chance that they permit bitcoin as an installment and after that BTC value drops and knock there will be enormous issue for the managing an account side. What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
So they may have bitcoin installment as choice like elective choice like how we have investment funds, current and so on.
So far no banks may in a few years they will acknowledge the bitcoin and alts as an installment alternative.
banks are Germany and Japan are designing bitcoin deposits and banking and security bonds and investments products on cryptocurrency and related projects blockchain adoption is happening
I do not assume so. we are all conscious how each the govenrments and their valuable banks are on the tails of the crypto community to shut it down how then will they determine to simply accept bitcoin deposits.This will take some time for some banks to come to terms with the decentralized nature of Bitcoin although a very few banks accept Bitcoin currently.This will take some time for some banks to come to terms with the decentralized nature of Bitcoin although a very few banks accept Bitcoin currently.
I am sure that they won't do that. And we don't need that. Bank can't get anything from bitcoin, if they apply monthly charge for their service then bitcoin users will not use their service. We have our own bank(bitcoin wallet) that fully on our control, so there is no benefits for bank and they will not do that.
There is a possibility that banks would offer bitcoin deposits because it would add up to their income specially the deposit fees and they can use it to buy and sell bitcoin.
Not until they get Btc regulated since they're not going to take any big unmanageable risks because they might go bankrupt should anything crop up...
Maybe a little later
Maybe a little later
I think it will be not acept in early future becouse banks see in bitcoin see a currency in competition,but now i see info- Digital bank Web21 has just announced that they are accepting bitcoin deposits. This article explores what the future of bitcoin might be.Can possible that national banks accept bitcoin to deposits maybe in one day it happens who know...
The adoption of cryptocurrencies by traditional financial institution is achievable. Because cryptocurrency and Blockchain technology is here to stay and it just need a little bit of regulation for stability
We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
Every business needs to adapt to changes and challenges like this. Im pretty sure banks are already finding ways to join the bandwagon.they will surely profit from it. It would just be a matter of time until they accept bitcoin deposit and withdrawals.
I don't think bank need to allow Bitcoin deposit to make more profit because Bitcoin can be save on it's own wallet with you having your private key and can only sell or hold your position if needed but in the area of fixed return on all Bitcoin deposit on yearly basis , some token has made move on that like moneytoken and some others like that but I don't know how it's going to be run yet but let wait and see if is profitable to both investors and the organization.
I think this depends on whether the country has legalized bitcoin or not, if the government does not legalize bitcoin, it is impossible for banks to make bitcoin as a deposit, the thing that makes everyone doubt is that bitcoin prices are too volatile.
I believe it would happen in future. Bank suppose go provide financial support for people. If cryptocurrency do become our financial instrument i believe bank will provide this kind of services. It would be like a custody that similar to what coinbase are doing. So i do think anything could happen and i absolutely think bank would do it if crypto market get bigger.
What if you give your coins to bank and they cannot give back your coins after a big price rise?
Your wallet is your bank. It's the best place for storing your bitcoins.
Bitcoin wallet is like banks account. I am believes banks know this and that why banks afraid on bitcoin or cryptocurrency. With bitcoin, we dont need third party for our transaction and having bitcoin wallet is like we have banks account without providing our identity
If it would be considered of the banks in future I bet that it would undergo procedures and processes before it would be implemented. But if it is considered by the banks then it would be a great help to bitcoin itself to become more well-known cryptocurrencies exists.
If Banks go into bitcoin, it will be profitable for them but I don't think that will happen soon because bank is centralized and bitcoin is decentralized. And if banks embark on btc it will affect the price at the beginning and who knows if that will be the downfall of bitcoin
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