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Author Topic: Bitcoin Bank???  (Read 45584 times)
greBit
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March 12, 2016, 12:01:27 AM
 #341

Nope nothing like that now, it would be awesome if there was a bank or a way to invest idle coins and get a decent return with low risks like how it work with banks.

look at magnr or haobtc

I don't think bitcoin needs any bank because already we have bitcoin wallet which is like our pocket bank and in future there might be the physical offices for these bitcoin wallets like blockchain and coinbase
Yakamoto
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March 12, 2016, 12:17:57 AM
 #342

Nope nothing like that now, it would be awesome if there was a bank or a way to invest idle coins and get a decent return with low risks like how it work with banks.

look at magnr or haobtc

I don't think bitcoin needs any bank because already we have bitcoin wallet which is like our pocket bank and in future there might be the physical offices for these bitcoin wallets like blockchain and coinbase

Even though part of the Bitcoin protocol revolves around there being no need for physical storage locations for Bitcoin, I think this would be kind of a cool idea. The difference would be that there would be many more armed guards, as it would potentially be easy to grab some wallets and run off with them.
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March 12, 2016, 01:28:04 AM
 #343

there is an exchange called asmoney used to offer annual interest but it is not reliable at all IMO
I have never heard of that exchange and I don't recommend anyone to invest your money. It could be a complete scam and you could lose your Bitcoins.
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March 12, 2016, 08:08:09 AM
 #344

I don't really understand what you want from this field. IMO bitcoiners probably wouldn't want a bitcoin bank because it destroys the decentralized part of bitcoin criteria, you can be your own bank...
yes i'm agree with you,bitcoin will not decentralized again if bitcoin banks exist,and its against bitcoin slogan,in some wallet we all have know that we can be our bank. like on blockchain there writed "be your own bank"
elyas772
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March 12, 2016, 08:19:12 AM
 #345

I don't really understand what you want from this field. IMO bitcoiners probably wouldn't want a bitcoin bank because it destroys the decentralized part of bitcoin criteria, you can be your own bank...
yes i'm agree with you,bitcoin will not decentralized again if bitcoin banks exist,and its against bitcoin slogan,in some wallet we all have know that we can be our bank. like on blockchain there writed "be your own bank"

in fact today, we found some Bank in Bitcoin, xapo and coinbase use centralized system like bank to his bitcoin wallet, he also adopt bitcoin debit card.

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iqlimasyadiqa
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March 12, 2016, 08:24:12 AM
 #346

I don't really understand what you want from this field. IMO bitcoiners probably wouldn't want a bitcoin bank because it destroys the decentralized part of bitcoin criteria, you can be your own bank...
yes i'm agree with you,bitcoin will not decentralized again if bitcoin banks exist,and its against bitcoin slogan,in some wallet we all have know that we can be our bank. like on blockchain there writed "be your own bank"

in fact today, we found some Bank in Bitcoin, xapo and coinbase use centralized system like bank to his bitcoin wallet, he also adopt bitcoin debit card.
whether xapo be called a bank? I think they are just ordinary exchange. a system or a bank can be regarded as if it has fulfilled a variety of special requirements.
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March 12, 2016, 03:01:42 PM
 #347

there is an exchange called asmoney used to offer annual interest but it is not reliable at all IMO
I have never heard of that exchange and I don't recommend anyone to invest your money. It could be a complete scam and you could lose your Bitcoins.
I think it does not matter if the site has a great name and has been reliable. because they may think two times to deceive. they take a long time to be a great site


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richmcrich
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March 14, 2016, 06:26:52 PM
 #348

There are no bitcoin banks at the current time, I understand what you are getting at but no service like that "a serious service excluding HYIP's and the like" been offering a profit on deposits... I think it would work if they are lending that amount to credible customers and getting profit like an actual bank.
Crazygreek
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March 14, 2016, 08:04:03 PM
 #349

The main principle of Bitcoins is decentralization is not it? People want to be theirs own bank so AMO bitcoin bank can't exist. Also most of people don't trust to banks for this reason they chose btc.

Rotator
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March 14, 2016, 08:49:24 PM
 #350

Bank is not necessary, if you want loan you can use escrow here on forum, if you want safe and secure place for your coins you can use cold wallet. You can invest your coins in alts or other projects. I just cant find any purpose for bitcoin bank.
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March 14, 2016, 09:44:07 PM
 #351

The question here is related to get interest on the deposits of bitcoin,the same way they do with savings at fiat,i believe this is the main interest of those bank,generate interest.Otherwise this question wouldnt  been made,but why to give several bitcoins to banks have plenty control of them and being able to pump bitcoin by theirselfes.... i doubt this will hapen.
elyas772
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March 15, 2016, 03:14:46 AM
 #352

I don't really understand what you want from this field. IMO bitcoiners probably wouldn't want a bitcoin bank because it destroys the decentralized part of bitcoin criteria, you can be your own bank...
yes i'm agree with you,bitcoin will not decentralized again if bitcoin banks exist,and its against bitcoin slogan,in some wallet we all have know that we can be our bank. like on blockchain there writed "be your own bank"

in fact today, we found some Bank in Bitcoin, xapo and coinbase use centralized system like bank to his bitcoin wallet, he also adopt bitcoin debit card.
whether xapo be called a bank? I think they are just ordinary exchange. a system or a bank can be regarded as if it has fulfilled a variety of special requirements.

yaesss... xapo and coinase is just exchanger, but you must upload some id + detail of your photos to get verification like at bank.

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March 15, 2016, 06:37:34 AM
 #353

Only benefit of bitcoin bank is more people will know about the use and existing of bitcoin. If bitcoin banks are generated legally investment through bitcoin can be made with much trust than the present investment through websites.

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March 15, 2016, 07:22:11 AM
 #354

Only benefit of bitcoin bank is more people will know about the use and existing of bitcoin. If bitcoin banks are generated legally investment through bitcoin can be made with much trust than the present investment through websites.

if bank adopt bitcoin, or accept bitcoin as currency, so how about interest in bitcoin balance..? are you trust centralization wallet..? you will get limited acces to your wallet. and how about interest..?
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March 15, 2016, 04:57:29 PM
 #355

There is no site or bank like that be offering a service like this, it would be amazing if a service like this exist in the bitcoin field since there are no decent investment available and running right now..
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March 15, 2016, 05:02:57 PM
 #356

a Bitcoin bank would be nice IMO. I think many people will use it. Because it is works very well. But I think if people have Bitcoins they use an online wallet.
I think Bitcoin bank and normal banks is both good. Because older people need normal banks, because they dont know how Bitcoin works.
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March 15, 2016, 08:34:49 PM
 #357

i dont think Bitcoin Bank is nice for bitcoin, so now what is people look in bitcoin is anonymity transaction even though in fact bitcoin is not full anonymous.
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March 16, 2016, 07:01:14 AM
 #358

There is no site or bank like that be offering a service like this, it would be amazing if a service like this exist in the bitcoin field since there are no decent investment available and running right now..

Look at haobtc or magnr. Interest bearing wallets
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March 16, 2016, 02:17:08 PM
 #359

There is no site or bank like that be offering a service like this, it would be amazing if a service like this exist in the bitcoin field since there are no decent investment available and running right now..

Look at haobtc or magnr. Interest bearing wallets

Well they providing a contract ?Are any protection to those who had invested or will invest at it,as i know isnt possible yet to make some company or person honor their service at bitcoin world.We dont need a bank we need more stables project offering interest exchanges are already offering this service.
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March 16, 2016, 02:54:30 PM
 #360

Bitcoin can be expected soon in the future when the usage of bitcoin increases. This increase will definitely make some good development in the banking sectors too.

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