Bitcoin Forum

Hey everyone!

My name is Oleg, I'm programmer. I am and my friends are developing Bitcoin Bank Software allows to provide classic banking services for bitcoin. We're starting to invite future bitcoin bankers to discuss the possibilities of partnership.

"Starting" means the software is under construction; BBank demo will be fully available at the end of october-start of november'2016. At that time we want to be agreed with 5...8 potential bankers about their interest. Anyway, potential bankers can ask us to show some demo features right now: bitcoin bank core and some UIs are ready.

"Classic banking services" means: online deposits, online loans, individual/business/merchant accounts, leverage loans for trading, private banking services, confidential bankig services, debit/credit cards, currency exchange + some features for investment banking and trading + some features for venture funds/business angels + legal solutions for banking and non-banking law entities. All banking processes are automated; if you need you can operate them manually.

If you want to become a bitcoin banker you need operating capital (for marketing, advertising and making the initial profit) + pay for servers. Also you need to be sure you can manage your own bank. We will adapt banking software for your business plan and install onto your servers without down payment, but we want to get a share of the profit  of your bank.

Our website: http://bbank.pro

p.s. Also we invite agents for the permanent shares of the profit.

Nobody will take this offer seriously. It looks very much like you are in way over your head at best and like a simple confidence scam at worst.

Perhaps it's a bit harsh to say, but why would anyone even consider purchasing a $1,000,000 software package from someone that cannot use proper English on their website?

"Banking" and "Bitcoin" will never get along. Bitcoin is all about being your own bank and having control over your money (private keys) , no one is going to use a third part website to store his coins . If your website become successful ,that will make it the first target for hacking ... so yeah.. probably not a good idea.

English is not a mandatory skill set dude,if he has programming skills he could probably able to use his skill set to be successful ,i have not seen the price tag nor i dont know if it will be successful .

despite all this i have a simple doubt if the OP claims that this is a successful business model why dont you start you own bank and then lease the software later on ,that way you could have doubled your profit ;).

1) yes, English is problem. English isn't native language. Please help us (((
2) please do not misinterpret our offer. $1m is for licensed bank, and services can provide not just licensed bank. and our basic offer is participation in the profit.
3) if you know, nobody pay for software before testing. especially banking software.

We developed a software and looking for entrepreneur who will open bank. So, we dont ask a money before bank opened and become profitable.


2OmegaStarScream:
1) for example, https://indacoin.com/ ask 30% for exchange. 30%!!! and others do so. I think, it's too hard price for freedom.
2) today bitcoin is a bubble because people are simply buy and sell. it. bitcoin will never be presented in real economy, for example, in online shops, because entrepreneurs needs a real currencies to buy goods (customers pay for bitcoin 30% + entrepreneur pays the same - do you think your idea about 'i am my own bank' strongly that entrepreneur's interests?). creating banks, we're trying to make bitcoin the cost-effective currency
3) I don' know what is your real currency; maybe you have USD, maybe EUR, maybe RUR, maybe CHF, or JPY. Is your leather wallet your bank? really? Fact is: while you have bitcoin, you not make a profit. You will lose your money when change to your currency. You can think that the growing currency rate can save you. No! Exchange platforms will take your money.

We're trying to make effective financial market; with banks, you will have a stable currency rate; platforms will gain their money with banks on leverage trading and high trading volume; you can put your bitcoin to your wallet, or you can put it to deposit and get an interest; if you want to open business, you can take a loan in bitcoin.

Nobody ask you refuse bitcoin's direct transfer; but, can you today buy a new car or house for bitcoin, or can you pay for gasoline for the car?

I'm programmer, not a banker. I cannot manage the bank and I think everybody have to do what he can do good.

The next, I want to make a banking system. A single bank cannot solve all bitcoin problems.

For example, I want the bitcoin will be a regular payment currency in the US, EU, China, Japan, Russia, India etc. It's a huge task for a single bank. We need many banks; calculating the current disposition of the banking market, we need 5-8 banks at the start; totally the world market can provide a space for 25.000-28.000 banks.

Bitcoin and banking should never go together but some could argue that companies like Coinbase, Circle and a few other online wallets that don't provide you with your own private keys are already a new type of bitcoin bank.

The only difference between a normal bank and one of the companies above is that they don't insure your funds, neither does the government and you can't get credit from them so at the end of the day they kind of defeat the purpose of using bitcoin
But people are especially lazy and want the easy setup these companies offer, these are the people that always learn the hard way.

A question is not about the storage; while bitcoin is the speculative object, new peoples are pay for a part of bubble. Bitcoin NEEDS to be based on real goods and services. Wallets and trading platforms cannot do it. A single individuals and entrepreneurs too. We need a financial system.

Speaking English well may not be a mandatory skill for a successful programmer–as bbankpro may very well be–but it is most definitely expected of a company wanting to sell banking software to an international market. A serious developer that does not speak English well need only hire someone that does. But if he does not value his product enough to do that, why would anyone else? It reflects poorly on one's credibility.

About English )))

- not a question. Become our partner and solve this problem.

If you succeed that would be something new. Bitcoin and banking are not the two terms that go along very well but let's see how this would look like. Would you provide just Bitcoin wallets and exchange or also Bitcoin debit cards (maybe also credit cards?), savings accounts, loans and other products?

First bitcoin banks will start with exchange, individual/corporate accounts ( = "wallets"  :) ), saving accounts, deposits, individual/corporate loans, merchant accounts and leverage loans; the next steps will be debit and credit cards, private banking services and investment banking.

A question about exchange must be discussed with bictoin bankers. My point is the bank should buy and sell large volumes of currency in cooperation with currency stock exchange.

If I understood Bitcoin correctly (not sure - maybe someone can help me out there), then

with bitcoin, you are already your own bank


It may be a rumor, but from what I also heard, was, that with Bitcoin you can create as many accounts as you like.

In fact so many, that if you piled up the atoms of bodies of all unemployed programmers and put each on an address, there still would be empty accounts.


Rico

I wrote to you in private, please contact me

Sir)) you have your bitcoins in the wallet. what interest you can take? if you have 1 BTC, 1 year later your wallet will contain 1 BTC. If you put money in the bank, your account will increase to 1,15 BTC, for example. Also, where you can take a loan? From another your account? of course you can do without borrowings :)

Try read https://bitcoin.org/en/innovation - please read sections 'Global accessibility' and 'Trust and integrity'. Bitcoin extends and complements the banking system, not breaks it down.

I should have stopped reading literally after this part but since you're a "programmer" I continued.Mate,we hate banks,speakin of the bitcoin community,you shouldn't be proud to use that word anywhere around regardless of however it was intended. (jokes only)

How does that separate you from traditional banking services ? Tell me you give anonymous loans to bitcoin lenders without verifying their documents,we could have further discussions then. ;)

you hate banks unless you haven't your own bank :D

Previously I gave answers about banks; that's my point.

Still nobody answered me on the subject. Everybody hate banks, but I am sure, today you will go to bar and you will pay for beer by your credit card emitted by BoA or Citibank etc. So don't tell me about you hate; say, what you do to make the bitcoin effective currency; I make a financial system. My job will take a bitcoin into shops and bars and you will pay for beer from your lovely account; maybe you will not pay for transactions. Your private interests are not interested. I am interested to shops and bars who need their business account to serve you.

p.s. may I ask a question? Why you do not hate exchanges? Bitcoin exchanges and payment systems (and banks too) together are robbed you when you change bitcoins to usd. And when you buy bitcoin, too. Or do you think that bitcoin falls from the sky for everybody?

Why would I like to borrow money from myself ? And pay interest too? Explain,"your own bank".

Or we can use one of the existing bitcoin debit cards which can be refilled using bitcoins and they are accepted in most of the shops/bars.You could take even money out of the ATM's with it,very less service charges I may add.Do you still thinkk your product is better?

You don't need a bank when you use bitcoin.

Banks are history.

However if one decides to become a bank, he only needs an internet connection and a safe computer with a btc wallet. Nothing else.

Do you think that banking role is ended on debit cards??

Did you calculate all fees on Bitcoin debit card? For example: https://cryptopay.me or https://bitpay.com:
1% charge + $2.50 ATM transaction + spread. How much money you lose?

Bitcoin bank should reduce fees and currency spread. Yes, I think that banking system, if the banking system is operating properly, is better then your charged card. Card's emitter can't operate cards cheaper then bank because he paid for bank account. Let's remember about high volatility of bitcoin - and you will never see BTC symbol on the price in the bar. Bitcoin banking system can change it.

Zero.


Yes, but this 1 BTC may be worth $800 by then.


That would be 15% p.a., for example. That doesn't even qualify as delusional.
Quick reality check:

http://www.fio.cz/docs/cz/urokove_sazby_FO.pdf

0.25%


Of course I can. How did you know?


Bingo! And therefore, you should try to find some application in this "extending and complementing" area. You will not be successfull in the traditional banking area. Because - guess what: That's where the banks are. It's way easier for a bank to integrate Bitcoin, than for a poor (sorry everyone with less net worth than $1M) Bitcoin-Fan to become a bank.

http://www.coindesk.com/bitcoin-de-launches-integration-with-fidor-bank-accounts/
http://www.coindesk.com/fidor-ethereum-core-banking/


Rico

and.. what? where is bitcoin? and how these rates associated with bitcoin banking software?


and.. what? your funds will $800; with bank your funds will $800*1.15=$920, or $800*1.25=$1000 if bitcoin banker will offer you this rate

I'm not a banker; I'm programmer and I try to make a financial system for bitcoin.

Today bitcoin is the bubble, because its price entirely depends on the individual's willing to buy and sell. Bitcoin is not involved into the real market. This is a problem what I want to solve. You did not tell alternatives; you just 'hate' banks. Nothing else. It's sad.

Sir :D Right now we're talking about Bitcoin Banking Software for EVERYBODY (including, and first of all for, Bitcoin-Fan!). Banks need spend about $10m...$15m (in US, maybe, $50m) and more to make their online bitcoin-bank. I am offer ready-to-use bitcoin bank without down payment. If bank make a profit, I want a share of the profit, but, generally, if you open your bitcoin bank with us, you need operating capital only.

To what end? the words Bitcoin and Bank are quite contrary to each other. In pretty much every sense of the word

I think usual bitcoin web wallets can be considered as bitcoin banks and actually like banks have hand over our money web wallets also have access to our bitcoin and i don't see any difference between your concept of bitcoin bank and existing web wallets. And for anyone to back your project few more details regarding any registered company you have under which this bank/web wallet will be launched? Haven't you tried to fund your project with crowdfunding platforms yet?

He's new and doesn't see the vision of what bitcoin is or what it will be in the future. Bitcoin isn't a bank, it's the end of the bank. Not his fault, we all take that first step and try to grasp the vision of what Satoshi created.

we paid for development from own funds; today we're looking for entrepreneurs who will open bitcoin banks

wallets: not a banks
no deposits, no loans, no role in real business, no investment activity etc.

I`m not sure how much this can work, banks have their system but to register in the bank you need to give them all documents, they lends money at interest in exchange for taking title of the debtor's property. How do you think to implement all that in bitcoin, anonymity will disappear.
I don`t wish to kill your dream, but you need to think about everything once again. And then decide what will you do, who knows maybe this can work and maybe you can make something good from all this, who didn`t try, didn`t know what can happen.

i agree that we need a new financial system to promote Bitcoin usage but I disagree we neéd bank to make it better.

we can do it P2P no matter i wanna borrow bitcoin or vice versa.

No matter what, no matter when BANK is still centralized and will be always, this will ruin bitcoin usage

MORE PEOPLE USE BITCOIN THEN FASTER BANK WILL DISAPPEAR SOONER OR LATER  :D

Everyone can only save the biggest amount of bitcoin and wait. This will be as a feature of the banking system and  this is all we can do.