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Topic: Will banks ever offer bitcoin deposits? - page 6. (Read 6362 times)

jr. member
Activity: 84
Merit: 1
August 31, 2018, 06:51:24 AM
In the next five to seven years, the entire global financial market will adapt to cryptocurrencies, respectively, and banks will switch to cryptocurrency circulation.
newbie
Activity: 331
Merit: 0
August 30, 2018, 03:06:09 PM
Today bitcoin has a very fluctuation value. Not that much reliable in price. can do up and down suddenly in value. So we can't expect that the banks will actually allow that. just my idea  Sad
newbie
Activity: 110
Merit: 0
August 30, 2018, 02:58:23 PM
Banks are the open enemy of bitcoin because if bitcoin runs fully banks will gonna lose their position so, it is impossible to expect this from banks.
newbie
Activity: 26
Merit: 0
August 29, 2018, 04:31:49 PM
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.

The volatility in the market of crypto currency will decrease with time. The fact is that the market is still young. Over time, deposits in Bitcoins may appear.
newbie
Activity: 70
Merit: 0
August 27, 2018, 09:14:04 AM
Such a large number of organizations are getting included through embracing bitcoin innovation. Furthermore, they are making genuine benefit since its begin. Some time or another or later banks will understand the enormous potential and benefit that the Bitcoin and digital money offers, its simply an issue of time before lion's share of them joins
jr. member
Activity: 475
Merit: 1
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August 26, 2018, 04:33:33 PM
no one can fully predict the future but we can only hope for the best. for now, we continue to see lots of companies and individuals who continue to adopt the use of cryptocurrency and bitcoins. as this continues, with time government will also fully legalize and adopt it to and we will see banks operating in it. so a time will come when banks will offer bitcoin deposits.
full member
Activity: 1372
Merit: 106
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August 26, 2018, 01:22:11 PM
Maybe there are already some banks who are accepting bitcoin deposits but the risk must be bare only by the owner as the banks cannot take huge risks regarding to bitcoin orice...

No such bank exists. If any bank was already doing this, it would have been in news. Though it might be possible that some private entities or individuals might be lending money by keeping crypto as deposit.


member
Activity: 158
Merit: 10
August 26, 2018, 01:10:33 PM
because of the lack of regulation from the government and the lack of abnormal price stability makes some banks do not trust bitcoin as an insecure investment that can even make someone bankrupt
jr. member
Activity: 168
Merit: 1
August 26, 2018, 12:56:05 PM
If States all over the world recognize bitcoin as a safe and good payment,then banks will give deposits in bitcoins.
newbie
Activity: 80
Merit: 0
August 26, 2018, 12:41:36 PM
That idea might came through someday that banks all over the world would accept bitcoin deposits according to the banks term and conditions, this might possibly happen in the future because some banks now accepts payments and transactions using bitcoin and other altcoins, this would come to reality. Cheesy Cheesy
sr. member
Activity: 504
Merit: 251
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August 26, 2018, 12:07:22 PM
The beauty of bitcoin is that we do not rely on banks to lose our money. We are our own banks. Would you really trust banks with your bitcoin all be it the same can be said for fiat.
member
Activity: 120
Merit: 10
August 26, 2018, 11:41:53 AM
Maybe there are already some banks who are accepting bitcoin deposits but the risk must be bare only by the owner as the banks cannot take huge risks regarding to bitcoin orice...
newbie
Activity: 15
Merit: 0
August 26, 2018, 11:02:56 AM
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.

Indeed, it could be difficult for a bank to established bitcoin as deposit since the value of bitcoin is very volatile. We don`t know when will it have and when will it not - depending on the trust of the people. Thus, banks will not risk this kind of opportunity in the financial market perhaps due to the fact of its volatility. We know that bitcoin is very useful and might be for the future but this kind of institution do not see things much way.
newbie
Activity: 10
Merit: 0
August 26, 2018, 11:01:35 AM
That can not be sure but in my opinion it can happen because bitcoin has spread to the world and is able to surpass the value of banks that the bank gradually loses interest.
newbie
Activity: 28
Merit: 0
August 26, 2018, 10:58:21 AM
has the bank ever offered a bitcoin deposit?

Among the emergence of bitcoin is full of pros and cons, for the current situation, the bank may not want to accept the risk that will occur. But if that happens maybe it will be the latest breakthrough in the banking sector.
newbie
Activity: 14
Merit: 0
August 26, 2018, 10:40:07 AM
as long as bitcoin and the system are not in accordance with the system that is applied to the banking system at this time (also applicable) then bitcoin and banks will never unite. Then the bank will never offer a bitcoin deposit
newbie
Activity: 112
Merit: 0
August 26, 2018, 10:23:57 AM
The bank relies on the government so that if the government allows crypto to run in the banking world then I think the Bank will start facilitating it. And that will be very good in my opinion.
In the near future I think they will adjust and adapt to it.
full member
Activity: 742
Merit: 103
August 26, 2018, 10:18:55 AM
I think that such forms of deposits will soon become available to the general public in developed countries. First of all, it will be available in such countries as Japan, Switzerland, Singapore. Because these strange ones are the most loyal to crypto-currencies and related projects.
sr. member
Activity: 896
Merit: 272
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August 26, 2018, 10:12:23 AM
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.
This is possible in the future , we cant determine but there is a chance. And if ever that this thing finally happen bitcoin will be more popular. As the time passes by banks can adapt bitcoin and probably treat them like its not a big threat to them. As far as I know this is already happening in other country.
full member
Activity: 2324
Merit: 175
August 26, 2018, 10:10:15 AM
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.

Knowing cryptocurrency's volatility I doubt if they will offer this to all their clients, some people loan on their banks to invest on cryptocurrency and now they are losing on both, on the bank's interest and the value of the coins they are holding, so I doubt if they will ever implement this.
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