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jkrules
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March 27, 2016, 04:07:36 PM |
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I think such Bitcoin bank would be Xapo. You can safely store BTC on your Xapo wallet with bank level security. They store BTC on cold storage plus your Bitcoins are insured, so in case something happens you could claim back your BTC.  Its a digital money We no need to manage any other organization. We can manage our wallet and Its better than bank You can see the transparent more than bank. |
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thejaytiesto
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Activity: 1358
Merit: 1014
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March 27, 2016, 04:15:16 PM |
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There will always be banks, because there will always be people that are too scared and intimidated at being self-responsible, so they enjoy the feel of putting charge of their own wealth's safety to a party party, so if something happens they can blame them and not yourself.
Unless there is a big cultural global change, there will always be some bank business going. For the rest of us that want to take care of their own finances, Bitcoin is a dream come true.
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n0ne
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March 27, 2016, 04:23:51 PM |
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Bitcoin wallets are enough than any other bitcoin bank. Now using wallet is very easy. This may lead to complications if bitcoin bank come into existence.
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Grillo
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March 27, 2016, 04:57:24 PM |
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With BTC you are your own bank. And believe me, your BTC will be safer with you than with any centralized bank.
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danswer42
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Activity: 42
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March 27, 2016, 06:49:29 PM |
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With BTC you are your own bank. And believe me, your BTC will be safer with you than with any centralized bank.
bitcoin is not regulated. that's why people love bitcoin so much. they don't need to ask for approval to send or withdraw an x amount of coins. |
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Wapinter
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Activity: 2646
Merit: 1026
Hire me for Bounty Management
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March 28, 2016, 09:43:47 AM |
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With BTC you are your own bank. And believe me, your BTC will be safer with you than with any centralized bank.
bitcoin is not regulated. that's why people love bitcoin so much. they don't need to ask for approval to send or withdraw an x amount of coins. That's not the only reason why we love bitcoin.There are many others one among them is low fee.Today I received $1000 from one of my clients via paypal.PayPal deducted hoping $50 fee for this transaction.If I had received this amount in btc, I would have lost very little amount to fee even if I sender had deducted it from said amount. Unfortunately my client was not aware of bitcoin and preferred PayPal |
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KennyR
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March 28, 2016, 11:39:17 AM |
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Recently some quoted that, he saw a physical bitcoin bank in his country. But most didn't accept that to be a bank. That might be a bitcoin exchange which might have named with bitcoin so to attract more users.
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knowhow
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March 28, 2016, 01:55:52 PM |
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Well that fees lookse to be little with just one transaction now imagine it happens 100 times,its a waste of money that paypal takes to them,soo banks arent good for any transaction they may do ,bitcoin its independet sure it would be good to see some revenue without any work but with bitcoin you can do that alone.
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Akupuniard
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March 28, 2016, 06:13:21 PM |
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Recently some quoted that, he saw a physical bitcoin bank in his country. But most didn't accept that to be a bank. That might be a bitcoin exchange which might have named with bitcoin so to attract more users.
Maybe it wasnt official bitcoin bank. It can be just a prank or smth else. Bitcoin no need any banks cause better to be your own bank  |
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yoona
Sr. Member
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Activity: 493
Merit: 250
Live by your own rules
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March 28, 2016, 06:24:00 PM |
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There will always be banks, because there will always be people that are too scared and intimidated at being self-responsible, so they enjoy the feel of putting charge of their own wealth's safety to a party party, so if something happens they can blame them and not yourself.
Unless there is a big cultural global change, there will always be some bank business going. For the rest of us that want to take care of their own finances, Bitcoin is a dream come true.
There can and will always be banks because 99% of the world population will never ever use 1 single satoshi in his life due to lack of technological background, or even just 'lazyness' or not having the willingness to make your own investments safe... Too bad, but I do hope we will get there step by step  |
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CryptoJeweler
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March 28, 2016, 06:39:25 PM |
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IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
Hi, At the moment there is no bank for BTC, but their are ATM's. Banks spoils the concept of decentralization. Thank you CryptoJeweler |
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lister storm
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March 28, 2016, 07:08:06 PM |
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i doubt that there are any banks that are connected with bitcoin right now and that accept bitcoin payments
to be honest i dont think there will ever be any of such banks because bitcoin is decentralised and theres no need of banks
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secone
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March 29, 2016, 02:37:32 AM |
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There are some websites that provide daily interest (around 0.02% / day) to users who deposit bitcoins and they invest the coins somewhere else to generate income.
im never found legit site like that's.. if he run ponzi scheme, the risk and profit is far, we can earn 0.02%/day but we can lose 100% of our money in 1day. |
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Genius Einstein
Member
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Merit: 10
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March 29, 2016, 06:38:13 AM |
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I have never heard of a bitcoin bank but there probably was one in the past and who knows what will happen in the future. We may have a whole chain of bitcoin banks.
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maxj57634
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March 29, 2016, 06:42:46 AM |
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I have never heard of a bitcoin bank but there probably was one in the past and who knows what will happen in the future. We may have a whole chain of bitcoin banks.
When you are in bitcoin you are already a bank of yourself as you hold your own money for safe keeping,there are lot of bitcoin storage that you can get but it wont allow you to gain % on your deposit. |
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jkrules
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March 29, 2016, 06:59:51 AM |
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I have never heard of a bitcoin bank but there probably was one in the past and who knows what will happen in the future. We may have a whole chain of bitcoin banks.
When you are in bitcoin you are already a bank of yourself as you hold your own money for safe keeping,there are lot of bitcoin storage that you can get but it wont allow you to gain % on your deposit. Banks invest and get their profits from that but bitcoin is also used as investment. We have a problem when playing with 2 investment together and this is the reason we would see a lot of price manipulation of bitcoin. The big only makers use this system. |
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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March 29, 2016, 07:04:02 AM |
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I have never heard of a bitcoin bank but there probably was one in the past and who knows what will happen in the future. We may have a whole chain of bitcoin banks.
When you are in bitcoin you are already a bank of yourself as you hold your own money for safe keeping,there are lot of bitcoin storage that you can get but it wont allow you to gain % on your deposit. There is no need to gain a certain amount of interest on your coins. Your coins will gain in value throughout the years, that will be your "interest". |
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sotisoti
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March 29, 2016, 07:20:38 AM
Last edit: March 29, 2016, 07:52:43 AM by sotisoti |
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There are some websites that provide daily interest (around 0.02% / day) to users who deposit bitcoins and they invest the coins somewhere else to generate income.
im never found legit site like that's.. if he run ponzi scheme, the risk and profit is far, we can earn 0.02%/day but we can lose 100% of our money in 1day. I agree that we never know what they are going do to with the money, however I personally put a tiny amount of unused coins on the sites. https://bitbays.com/https://haobtc.com/https://www.bw.com/storage |
Bitrated user: sotisoti.
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cluit
Legendary
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Activity: 1176
Merit: 1016
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March 29, 2016, 07:46:34 AM |
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I do not want this at all, I even think it would be bad for the future of the bitcoin because its self controllable.
If there comes a bank for the bitcoin, it will be less more controllable and untraceable in my opinion.
you are right frined, i think we must never think to make "bitcoin bank" m satoshi has created bitcoin for freedom, use decentralization, and make bitcoin impressed by the unique. It will be nice if there will be a Bitcoin bank, than more people will also find out what Bitcoin is and that is very good for Bitcoin. If they will found out than they are also maybe are going to use it and that is very good if Bitcoin will be more used and more popular. But what is the need of a bank for bitcoin. I'm having all the functionalities with my bitcoin very much similar to fiats now itself without any bank for it. I do not believe that bitcoin will get more popularity just to because of Bitcoin bank. |
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ricardobs
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March 29, 2016, 06:34:39 PM |
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I have never seen any bitcoin and I have not even heard of any bitcoin bank.
And I don't like the idea of bitcoin bank.
I mean when you have your bitcoin wallet and can be your own bank then why would you need any other bank.
Same here. I also do not want any bank to control our bitcoins. I guess if a bank bank comes for bitcoin then we will lose some functionalities of bitcoin like decentralization. So, I always want bitcoin from any control over it. |
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