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Author Topic: Is there an actual Bitcoin bank yet?  (Read 6157 times)
Fabrizio89
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June 05, 2015, 05:32:22 AM
 #121

In Italy they are implementing a sort of CFD with a major bank, name is FINECO, they said they will probably look into having a side account for bitcoins too in the future if this experiment works well
The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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Error404
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June 06, 2015, 04:40:44 PM
 #122

Hey sir ? why they need a bank if bitcoin are internet money ? my point is they said bitcoin are internet money that can convert in different kind of money
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June 06, 2015, 05:39:54 PM
 #123

I run my own bitcoin bank. Cool

Ask the stranger he knows who you really are.
ThEmporium
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June 06, 2015, 08:06:37 PM
 #124

No a actual bank has not been formed using bitcoin although even if there was bank they probably wouldn't give you interest.

There is a method for processing the Bitcoin. One of the method is peer to peer networking. First it's new transactions will be broadcast to all nodes, then each node collects new transactions into a block, each node works on finding a difficult proof-of-work for its block, once the node finds a proof-of-work, it broadcasts the block to all nodes. Nodes accept the block only if all transactions in it are valid and not already spent.
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June 06, 2015, 08:13:54 PM
 #125

I run my own bitcoin bank. Cool

same, thats one of the points and advantages of using bitcoin after all.

theres nothing here. message me if you want to put something here.
temroa
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June 06, 2015, 08:14:28 PM
 #126

this is meaningless your wallet or private key is your bank already so you dont need to buy any service

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June 07, 2015, 04:27:41 AM
 #127

I run my own bitcoin bank. Cool

same, thats one of the points and advantages of using bitcoin after all.

and one more 'no longer fee' it doesnt like the bank's fee lol Cheesy
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June 07, 2015, 04:54:13 AM
 #128

If government is against bitcoin. Then there are very less chance of having a bank.
But it will be good if we have a bank so that we can easily maintain our balances sell and buy bitcoins.
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June 07, 2015, 08:43:00 AM
Last edit: June 07, 2015, 10:47:59 AM by Amph
 #129

I run my own bitcoin bank. Cool

same, thats one of the points and advantages of using bitcoin after all.

another is that you can determinate your fees, without being forced to pay for a fixed one, like with fiat, if i want to send bitcoin with zero fees, i can actually do it, yes it will take ages to be sent, but the point is that i can do it

maximum freedom, this is what we dream about everyday and bitcoin gave us this, at least for the money field
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June 07, 2015, 09:43:11 AM
 #130

Currently, the most secure place to store bitcoins online appears to be the exchanges. There is some evidence that Mt. Gox is also hoping to become the default bitcoin bank as they are developing mobile payment applications for instant payment.
randy8777
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June 07, 2015, 09:51:44 AM
 #131

Currently, the most secure place to store bitcoins online appears to be the exchanges. There is some evidence that Mt. Gox is also hoping to become the default bitcoin bank as they are developing mobile payment applications for instant payment.

just lol at your comment. i hope no one with a right mind is following your post. if you want the chance to lose your coins to be high, then store your coins at an exchange.
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June 07, 2015, 01:08:30 PM
 #132

It will be more of an online efficient tech startup company that is compliant using a brand new financial api ontop the ripple protocol that you will earn interest on rather than any slow evolving bank.

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June 07, 2015, 02:35:39 PM
 #133

Currently, the most secure place to store bitcoins online appears to be the exchanges. There is some evidence that Mt. Gox is also hoping to become the default bitcoin bank as they are developing mobile payment applications for instant payment.
Exchanges are never secure. They can and have been hacked before. It is much better to keep your Bitcoins offline. Also, Mt. Gox no longer exists.

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