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knowhow
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February 19, 2016, 04:43:10 PM |
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This sugestion is more about generate income with bitcoins,then the centralized banks system to control bitcoin,several people would invest at a bank of bitcoin,as they generate an income without they have to do nothing,and well there would be some paper if bank loose your money they must repay ,things that at exchanges we cant get easy,but well may happen and sucess but i believe it will fail.
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Imoote
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February 20, 2016, 04:00:41 AM |
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a bitcoin bank would be very stupid to use because a bitcoin bank will control everything than.
Bitcoin is for the opposite, not for interest and all that kind of stuff.
yes, I think bitcoin bank need not be made because there are so many bitcoin wallets to collect bitcoin. And that I think we can save bitcoin properly increase the level of safety. |
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Alley
Legendary
 Offline
Activity: 910
Merit: 1000
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February 20, 2016, 04:03:28 AM |
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I don't think people with hundreds or thousands of bitcoins trust themselves to keep it safe.
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rababo
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February 20, 2016, 06:56:04 AM |
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bitcoin wallet itself can be considered as bank.
and people use bitcoin for anonymity.
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Jemzx00
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February 20, 2016, 11:38:19 AM |
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I heard there's one here at Philippines , Makati . But I really don't know if its true since I didn't see for myself. I even wonder how it works..
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fricircled
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February 20, 2016, 09:40:54 PM |
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bitcoin wallet itself can be considered as bank.
and people use bitcoin for anonymity.
Can you borrow bitcoin from you? If I borrow the bitcoin from you to buy a house, will you lend me the money? |
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OnTheMF
Full Member
Offline
Activity: 168
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
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February 21, 2016, 07:21:53 AM |
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I thinks Bitcoins does not need any bank because it has the facilities of keeping our own money in our laptop, mobile through the block chain digital wallet.
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ultimatesky
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February 21, 2016, 09:12:55 AM |
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It is very good to use. But it is not so that popular. Many people doesnt even know what Bitcoin is and that is very difficult.
Most people need their normal banks too and that is not good for the Bitcoin bank.
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1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
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February 21, 2016, 09:46:01 AM |
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I thinks Bitcoins does not need any bank because it has the facilities of keeping our own money in our laptop, mobile through the block chain digital wallet.
Bitcoin banks are nothing more than third parties holding your wealth. Only noobish people will make use of these Bitcoin banks because they will probably get a certain interest rate for storing their coins there. Our Bitcoin clients that we have installed on our PC's are Bitcoin banks. We don't need anything else. |
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fricircled
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February 21, 2016, 11:55:17 AM |
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I thinks Bitcoins does not need any bank because it has the facilities of keeping our own money in our laptop, mobile through the block chain digital wallet.
Bitcoin banks are nothing more than third parties holding your wealth. Only noobish people will make use of these Bitcoin banks because they will probably get a certain interest rate for storing their coins there. Our Bitcoin clients that we have installed on our PC's are Bitcoin banks. We don't need anything else. If a bitcoin bank is regulated. It will give back the money when I need, I will use it. I can lend money to others through the bank. |
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USB-S
Sr. Member
Offline
Activity: 574
Merit: 250
In XEM we trust
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February 21, 2016, 12:03:53 PM |
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Many people are going to use services like coinbase, because they lack the knowledge to store bitcoins correctly. And if you're not holding your coins yourself you're trusting a third party, like a bank.
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bitgolden
Legendary
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Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
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February 21, 2016, 05:08:42 PM |
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There is no any bitcoin bank in my country and I think we don't need bitcoin bank. Bitcoin is a decentralized currency and system, may be in future some banks may accept bitcoin deposits and withdraws.
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Kollor
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February 22, 2016, 08:46:15 AM |
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your bitcoin wallet is almost acts like a bank, there is profit when you keep a coin when it is low and sell when its high, that would be crazy if someone would put his bitcoin on a bank if there is, knowing that bitcoin's price is always moving, its either the bank would go bankrupt or bank profits from your coins more than you do... but if you want to profit an interest in your coins you may try to invest it, and its different story, it's not bank anymore..
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AMR008
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February 22, 2016, 08:52:25 AM |
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I dont think bitcpin bank will work out. Bitcoin is safe in bitcoin wallets . I guess atms would be bettter to exchange currencies 😊
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jonathgb25
Full Member
Offline
Activity: 140
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
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February 22, 2016, 10:04:58 AM |
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I think that idea will not work out because of the reason that bitcoin is not controlled by any entities.
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arlene05973
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February 22, 2016, 10:34:03 AM |
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I don't really understand what you're getting at. People that use bitcoin probably wouldn't want a bitcoin bank because it destroys the decentralized nature of bitcoin. And also if you have your own wallet and address, you can be your own bank.
 @ fastdice_alchemist, sometimes, people get confuse or they don't really understand why they are in bitcoin forum neither do they understand the virtual currency itself. |
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Hashminers
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February 22, 2016, 11:07:05 AM |
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I dont think that there was bitcoin bank,i never see it,and i just know about debit card,its not bank own,but bitcoin exchange or corporate. But i guess next year or next 2 year will be come  I hope there will not come a bank because this will destroy the bitcoin for good, the bitcoin is just created to be independent you are controlling your own money. If there comes a bank everything will be the same as in your normal life everything is getting controlled. |
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knowhow
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February 22, 2016, 02:31:54 PM |
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Banks can try to offer this service but wont be any protection bythe governements as they accept ,allow bitcoin,it may change but well,we always search ways to grow our money safety and banks had the reputation and the service in the past ,they controlled it,now we can lend and get a loan without banks have to input their rulles and the fees.
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Zaun
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February 22, 2016, 02:41:09 PM |
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I don't really understand what you're getting at. People that use bitcoin probably wouldn't want a bitcoin bank because it destroys the decentralized nature of bitcoin. And also if you have your own wallet and address, you can be your own bank.
Exactly! We don't need no banks for Bitcoin we already have enough of them for fiat. Since Bitcoin goes up with time (in long-term anyway it does) just holding your coins is much better than putting your fiat in a bank. If there comes a bitcoin bank it will destroy the bitcoin for good, the bitcoin is for self control not to be controlled, it would be very stupid to have a bitcoin bank. I hope this will never happen the bitcoin will disappear if that is happening. |
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fricircled
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February 22, 2016, 09:04:11 PM |
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I don't really understand what you're getting at. People that use bitcoin probably wouldn't want a bitcoin bank because it destroys the decentralized nature of bitcoin. And also if you have your own wallet and address, you can be your own bank.
Exactly! We don't need no banks for Bitcoin we already have enough of them for fiat. Since Bitcoin goes up with time (in long-term anyway it does) just holding your coins is much better than putting your fiat in a bank. If there comes a bitcoin bank it will destroy the bitcoin for good, the bitcoin is for self control not to be controlled, it would be very stupid to have a bitcoin bank. I hope this will never happen the bitcoin will disappear if that is happening. If there is a bitcoin bank, I might save some coins there and I will also borrow from it if I need. |
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