michietn94 (OP)
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Activity: 1274
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December 04, 2015, 03:23:42 AM |
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IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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fastdice_alchemist
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December 04, 2015, 03:46:48 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.
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yenxz
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December 04, 2015, 03:49:33 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  |
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mobnepal
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December 04, 2015, 03:55:04 AM |
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Bitcoin don't need bank or centralization, it is mean to be decentralized and can be used anonymously. Bitcoin ATM is enough for us to change bitcoin into cash and talking about interest on bitcoin there are some trusted and scam sites available which give and take bitcoin load for interest.
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Wei H
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Activity: 1192
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Chinese translator
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December 04, 2015, 04:15:50 AM |
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Bank again? Just like the regular currencies need a bank? If we need bank than why we create Bitcoin?
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franky1
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December 04, 2015, 04:44:37 AM |
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having your private key IS your bank..
say you bought bitcoin last month at $250, this month its $350
that is better interest than any bank will give.
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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DaddyMonsi
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Activity: 1344
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December 04, 2015, 04:49:30 AM |
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IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
Reason why I like Bitcoin is because anyone remain to be anonymous, if anyone will start a Bank for Bitcoins, a brick and mortar type of Bank then goodbye to being anonymous since everyone who wishes to open an account maybe asked for documents. |
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jacee
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December 04, 2015, 05:05:12 AM |
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One of bitcoins characteristic is that it is decentralized meaning it doesn't need a bank. It is why people has started adopting to bitcoin because of this feature.
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owm123
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December 04, 2015, 05:15:56 AM |
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IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
Its stupid idea. Bitcoin was created to be decenteralized and avoid banks. Not to create new banks. |
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angaper
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December 04, 2015, 05:27:06 AM |
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It seems a bit senseless to look for a centralized financial institution to manage our bitcoins, because skipping this centralization and monopoly of banks was precisely one of the main motivations to rise this digital currency. Additionally, the ridiculous rates paid by banks for your deposits are really useless.
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CoinBateman
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December 04, 2015, 05:36:59 AM |
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haobtc.com offer a higher than market rate interest payment working out to be i think 6% per year. Not bad if you got a nice amount of savings tucked away. But then bitcoin volatility oh bitcoin.
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@CoinBateman | Killer Crypto Instinct
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Jeremycoin
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𝓗𝓞𝓓𝓛
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December 04, 2015, 05:44:01 AM |
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Think about this! A currency where people believe that this thing will solve the problem with your money in Bank, suddenly has its own Bank.
This is not even make sense at all
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faucet used to be profitable |
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target
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Activity: 2240
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December 04, 2015, 06:05:47 AM |
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IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
If you like you can put your coins to the exchange sites, some what deposit if there, you're already a Hero you should know. Unless of course this account was sold and you bought it. |
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crazyivan
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DMD Diamond Making Money 4+ years! Join us!
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December 04, 2015, 07:29:55 AM |
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Not a real bank but there are couple of services and exchanges which provide interest. Up to 17% a year AFAIK.
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megges
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December 04, 2015, 07:35:50 AM |
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Not really a bank, but you could store your bitcoins on bitfinex and lend them out in the swap markets, this will earn you some interest on your bitcoins.
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tip me!  XtSrWch1U3BsTBFBHj7acTTzxFo1fy5BMa |
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michietn94 (OP)
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Activity: 1274
Merit: 1001
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December 04, 2015, 07:43:38 AM |
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IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
If you like you can put your coins to the exchange sites, some what deposit if there, you're already a Hero you should know. Unless of course this account was sold and you bought it. Despite My rank I am just a normal human being which is impossible to know everything going on in this world but that is the purpose of this forum, so we all can gain more knowledge about Bitcoin with all due respect, I think it is wise to review your words before you post it, your sentence about I bought this account I found it provocative offending and insulting i feel like my reputation become bad due to your false accusation and for your answer about exchanger : exchanger doesnt provide any interest |
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nonbody
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December 04, 2015, 07:44:02 AM |
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Owning the private key means we are the bank. We should keep most of our coins in our own controlled bitcoin address. Many bitcoin related services are all centralized companies. We could try for our benefits.
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midmir
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December 04, 2015, 07:53:27 AM |
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What a nonsense  Bankers are obsolete. Also notaries and all kinds of blood sucking, little, middle men will fulfill the list ... After denying phase is over I can hear them tremble now while looking to patent the blockchain. These days one need to provide real, meaningful good or services.  |
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Duomo
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December 04, 2015, 08:01:53 AM |
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I don't think this would happen. Putting bitcoin into a long-term growth fund and gaining interest on per said bitcoin? I can't understand how you would possibly earn interest on bitcoin with bitcoin since it is pretty limited. I thought the whole point was to keep bitcoin decentralized and not trust it with anyone else. |
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Amph
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December 04, 2015, 08:18:41 AM |
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why people always want to turn bitcoin into fiat, fiat is garbage, you should get rid of it, the whole system is rotten beyond repair
the interest in bitcoin, is earned via bitcoin itself, when the price increase, there is no need fo a mere interest like those of 55 per eyar from bank, you cand download a random good pos coin, and have a better interest per year, up to 50%
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