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Topic: You Can Now Keep Your Bitcoins In A Bank - page 9. (Read 21730 times)

full member
Activity: 1526
Merit: 111
Pepemo.vip
November 09, 2018, 03:24:12 AM
It's good to know that this bank accept to store bitcoin but for me i will never store my bitcoin on banks, simply because i don't trust it what if my bitcoin is gone i don't think they will pay it back even with fiat currency. It's better to use a hardware wallet for me it is more secured.
at least this is good news for the development of bitcoin. bank provides a facility to store bitcoin from customers. this means that bank actually recognizes the existence of bitcoin
sr. member
Activity: 812
Merit: 251
November 09, 2018, 01:05:40 AM
member
Activity: 882
Merit: 13
November 08, 2018, 10:44:08 PM
It's good to know that this bank accept to store bitcoin but for me i will never store my bitcoin on banks, simply because i don't trust it what if my bitcoin is gone i don't think they will pay it back even with fiat currency. It's better to use a hardware wallet for me it is more secured.
full member
Activity: 364
Merit: 100
November 08, 2018, 10:03:09 PM
I do not believe in the bank and when I store at the bank the bitcoin assets that I have will be known by the bank and it is very terrible and when you save in the bank then you cannot grow the bitcoin that you have, I better use it for trading not just keep quiet .
member
Activity: 532
Merit: 10
November 08, 2018, 10:00:47 PM
I am glad with bank accepted saving and hold money by using bitcoin or altcoin, but for my country bitcoin still not available for transaction only allowing for using as investment or trade, one day maybe I have around to country have allowed bitcoin as transaction.
newbie
Activity: 80
Merit: 0
November 08, 2018, 09:00:29 PM
bitcoin is always developing to increase their value. I think the bitcoin ETF effort is the same, which is to attract the public to invest in bitcoin.
maybe not the main goal of bitcoin to increase its value, but the biggest possibility for socialization and to market bitcoin so that it can be used in all world societies. if to increase value, it might be more suitable in the world of treding and maybe also in buying and selling online, but for deposits in banks it tends to be more public recognition.
member
Activity: 350
Merit: 10
November 08, 2018, 06:12:53 PM
For me, i rather keep my bitcoin and other crypto assets in my own digital wallet because if you keep your bitcoin in bank, i believe there will be bank charge for that and i am not into giving any money for that stuff. So why not keep it for your own?
sr. member
Activity: 784
Merit: 250
November 08, 2018, 08:31:56 PM
I this cryptocurrency banking is somehow good with huge amount of cryptocurrency. The bank is giving options for big depositors to have an alternative, safer, and insured storage. However, just like what many said here, cold storage is the best alternative to this crytpocurrency bank. The only difference I see is the insurance aspect. Other than that, they are literally the same.
hero member
Activity: 1148
Merit: 504
November 08, 2018, 08:00:27 PM
Well, it may happen at other country but in my country, we cannot keep bitcoin in banks. In fact, what is the essence of our digital wallet if in the end we will send it to the banks? Maybe, I will save my savings on bank but not my bitcoin. I like my bitcoins stay at my wallet because there is assurance that I will get it when I want to have money.
I think some country are now accept Bitcoin to put in the bank and I think they were lucky because they cannot lose it and their Bitcoin surely is in the safe place. But I think if tthey put their money in the bank then surely they will pay a tax because bank is property of government, and once you have a lot Bitcoin then your paying tax will be higher. Since
we don't know the system yet if we haven't tried it, is it taxed for transactions and storing bitcoin in the bank or not, is it safe or not, we can't give that feedback, because we haven't tried it yet, because around us there is no one like this, if this is true there, hope that many countries and banks will follow it
sr. member
Activity: 1624
Merit: 250
November 08, 2018, 04:54:27 PM
What gonna happens to our Bitcoins stored in the bank? Does it have a certain percentage to increase our asset of staying it on the banks same thing happen to our fiat money? If there is, then it might be a good and important event happen to us. Maybe we took advantage about these and it also a safe place for our bitcoin rather than of staying it in our wallets.
absolutely right and if it will happen it is the number one safest place if in my opinion to save our bitcoin, because it will be very difficult for hackers to steal our assets and bank security, of course it is certainly no longer worrying
If the banks have insurance, we can keep Bitcoin there. Otherwise, if there is a chance that the money could be hacked, it would be more attractive for me to keep it on my hardware wallet. Because it may be a problem to keep a decentralized currency in a central system.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
November 08, 2018, 11:34:35 AM
What gonna happens to our Bitcoins stored in the bank? Does it have a certain percentage to increase our asset of staying it on the banks same thing happen to our fiat money? If there is, then it might be a good and important event happen to us. Maybe we took advantage about these and it also a safe place for our bitcoin rather than of staying it in our wallets.
absolutely right and if it will happen it is the number one safest place if in my opinion to save our bitcoin, because it will be very difficult for hackers to steal our assets and bank security, of course it is certainly no longer worrying
There are good and safe cold stores for Bitcoin which you can handle and have at your own. Banks are more vulnerable to hackers because they have better reward for potential hacker.
I do not see point for holding Bitcoin inside banks.


The idea was good but it take sometimes to develop in all over the world but it cannot be able to understand by many people till now this is why the reason that they don't accept that they don't like cryptocurrency to enter into their country by the government that's why I am saying this otherwise it has a huge future soon.
sr. member
Activity: 791
Merit: 273
This is personal
November 08, 2018, 09:12:31 AM
What gonna happens to our Bitcoins stored in the bank? Does it have a certain percentage to increase our asset of staying it on the banks same thing happen to our fiat money? If there is, then it might be a good and important event happen to us. Maybe we took advantage about these and it also a safe place for our bitcoin rather than of staying it in our wallets.
absolutely right and if it will happen it is the number one safest place if in my opinion to save our bitcoin, because it will be very difficult for hackers to steal our assets and bank security, of course it is certainly no longer worrying
There are good and safe cold stores for Bitcoin which you can handle and have at your own. Banks are more vulnerable to hackers because they have better reward for potential hacker.
I do not see point for holding Bitcoin inside banks.
sr. member
Activity: 672
Merit: 250
November 08, 2018, 08:47:17 AM
What gonna happens to our Bitcoins stored in the bank? Does it have a certain percentage to increase our asset of staying it on the banks same thing happen to our fiat money? If there is, then it might be a good and important event happen to us. Maybe we took advantage about these and it also a safe place for our bitcoin rather than of staying it in our wallets.
absolutely right and if it will happen it is the number one safest place if in my opinion to save our bitcoin, because it will be very difficult for hackers to steal our assets and bank security, of course it is certainly no longer worrying
full member
Activity: 1316
Merit: 126
November 08, 2018, 08:29:19 AM
What gonna happens to our Bitcoins stored in the bank? Does it have a certain percentage to increase our asset of staying it on the banks same thing happen to our fiat money? If there is, then it might be a good and important event happen to us. Maybe we took advantage about these and it also a safe place for our bitcoin rather than of staying it in our wallets.
jr. member
Activity: 308
Merit: 1
Semi-Decentralized Exchange
November 08, 2018, 08:28:14 AM
I think that is very unnecessary, and when you save in the bank, the bank and the government will know all the assets you have, so you should be able to save your bitcoin in the blockchain wallet directly, which provides a place to store your bitcoin.
You have a point buddy, that's  also my opinion I rather keep my coins in my wallets, I will just get if ever I need something but not into the bank. Will its also safe in the bank but i just think the wallet is more accessible than in bank. In other hand I found saving money in bank js quite a good thing also.
hero member
Activity: 3052
Merit: 606
November 08, 2018, 08:10:51 AM
I think that is very unnecessary, and when you save in the bank, the bank and the government will know all the assets you have, so you should be able to save your bitcoin in the blockchain wallet directly, which provides a place to store your bitcoin.

There is always a reason for everything and we know that some of us wanted to avoid volatility especially if they invest BTC at previous year. This is at least we have so many options to take and I think bank will not do some shit about our crypto assets.
I have already some friends of mine who have lost some of their savings in certain bank and when they try to confront the manager,they only end up being frustrated.So i would not risk my crypto savings especially that is more expensive compared to fiat currencies.
full member
Activity: 602
Merit: 100
November 08, 2018, 08:03:11 AM
I think that is very unnecessary, and when you save in the bank, the bank and the government will know all the assets you have, so you should be able to save your bitcoin in the blockchain wallet directly, which provides a place to store your bitcoin.

There is always a reason for everything and we know that some of us wanted to avoid volatility especially if they invest BTC at previous year. This is at least we have so many options to take and I think bank will not do some shit about our crypto assets.
hero member
Activity: 2940
Merit: 613
Winding down.
November 08, 2018, 07:54:58 AM
why should we put our crypto in bank? so that bank can issue IOU and inflate the market again with bitcoin? what bank going to do if the market hitting bubble? Plus, putting it in bank defeat the very purpose of bitcoin creation.
Yes.Bitcoin has a decentralized nature so if one must put his crypto savings in a bank,it is no longer decentralized but a centralized one.Banks are here to make full control of our savings and us the owners will have less control over it.Basically it's still more secured having our own bank our wallets than trusting any other bank which is only full of security measures but not totally secured.
jr. member
Activity: 252
Merit: 1
November 08, 2018, 07:24:11 AM
why should we put our crypto in bank? so that bank can issue IOU and inflate the market again with bitcoin? what bank going to do if the market hitting bubble? Plus, putting it in bank defeat the very purpose of bitcoin creation.
sr. member
Activity: 535
Merit: 250
November 08, 2018, 07:09:44 AM
I think that is very unnecessary, and when you save in the bank, the bank and the government will know all the assets you have, so you should be able to save your bitcoin in the blockchain wallet directly, which provides a place to store your bitcoin.
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