andyersata
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 Offline
Activity: 14
Merit: 0
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November 01, 2017, 09:21:02 PM |
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Not in Nigeria or any African country. And i don't think bank would want to have any involvement with bitcoin
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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teejayrichard2
Member
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Activity: 574
Merit: 12
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November 02, 2017, 09:00:31 PM |
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For now not all banks accept bitcoin. Only countries that has fully accepted bitcoin into their economy accepts bitcoin fully. Other countries where bitcoin use hasn't been made official still find it difficult to use bitcoins in banks.
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monica69
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November 02, 2017, 09:27:34 PM |
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Now banks provide services for the exchange of bitcoins and other crypto-currencies in the ordinary currency and vice versa, while charging commissions. it's not possible to send btc to atm's wallet and withdraw after that. It's almost 4 year that my bank accepts bitcoin as a payment on any their service but not directly. I mean that I have btc on my bank's wallet and they exchange it with 2.5% fee automatically.
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Fancyax
Full Member
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Activity: 196
Merit: 100
Personal Text: Pre-sale - March 18
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November 02, 2017, 09:43:12 PM |
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Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
As i know, no real bank accept bitcoin. Maybe some digital banks accept it and you can withdraw thee money to local bank. I see many new ico's about cryptocurrencies banks. I hope some of them will succeed. |
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splat44
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November 02, 2017, 10:20:52 PM |
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In my country there are no banks that accept bitcoin, however there are people saying that banks will accept bitcoin soon as long as they establish bitcoin atm in their place.
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Pfizer
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November 02, 2017, 10:22:51 PM |
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Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
As i know, no real bank accept bitcoin. Maybe some digital banks accept it and you can withdraw thee money to local bank. I see many new ico's about cryptocurrencies banks. I hope some of them will succeed. Some users say their banks in their country accepts bitcoin, but they never say the country and the name of that banks. So I think they're not telling the truth. In my country, there is no country accepts bitcoin as of now. |
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fredo123
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November 02, 2017, 11:07:37 PM |
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I don't know if how it works in banking system, because btc are highly volatile and its very confusion to get good commission on their business. If this things may happen, I guess government will do movement for legalizing btc in our country.  |
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ongels
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November 02, 2017, 11:47:01 PM |
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Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
I don't know if there are banks who accepts bitcoins but for sure it will come as soonest btc will legalized globally, All we have to do is to wait for the upcoming days, Hopefully it will realized:) |
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Shah112233
Newbie
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Activity: 66
Merit: 0
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November 03, 2017, 12:03:10 AM |
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For now , there are no banks accepting bitcoins . But it will be intiated in future . Because cryptocurrency is the future . So absolutely banks will accept bitcoins and other cryptocurrencies in future .
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annanava
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Activity: 42
Merit: 0
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November 03, 2017, 01:41:11 AM |
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I don't think so. In my experience the "thing" with cryptocurrency is how decentralized it is,so there is no institution which regulates it.
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dsaijz03
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November 03, 2017, 02:04:01 AM |
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I believe none, because as I know cryptocurrencies works independently it is like anonymous identity. In some point we can still exchange it to our country currency where we belong but not bitcoin itself there is still process in exchanging or selling it.
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Hagmonar
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November 03, 2017, 02:09:07 AM |
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I think no hmmp in not realy sure if no or there is some bank also supporting bitcoin as far as i know bank do hate bitcoin because they cang hold bitcoin just like fiat money that they can control the whole supply and hide it to the people
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martin1221
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November 03, 2017, 02:19:54 AM |
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Most of banks in the world are against to bitcoin and i think no banks accepts it. Banks have tring to distroy the image of bitcoin because bitcoin is one of the cause why their business went down.
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jaocoincrypto18
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November 03, 2017, 02:35:17 AM |
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I believe none, because as I know cryptocurrencies works independently it is like anonymous identity. In some point we can still exchange it to our country currency where we belong but not bitcoin itself there is still process in exchanging or selling it.
Here in our country there are no banks that directly accept or engage in bitcoin transactions but there are banks mostly leading banks engage with partnership of our local exchange in which after we convert bitcoin to fiat we could cash out and get our paper money thru banks. The banks will only collect a service charge of every denomination meaning the bigger paper money that we would like to cash out the bigger is the bank service fee that to be collected too. |
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ictin
Full Member
Offline
Activity: 258
Merit: 100
Look ARROUND!
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November 03, 2017, 03:25:17 AM |
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I heard that, there are many banks in the world accept cryptocurrency in various forms such as bitcoin bond trading or using the platform of ripple. Some of them are Goldman Sachs, Barclays, Mizuho bank, AEON bank,...
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daringdiscovered
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November 03, 2017, 04:15:55 AM |
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I heard that, there are many banks in the world accept cryptocurrency in various forms such as bitcoin bond trading or using the platform of ripple. Some of them are Goldman Sachs, Barclays, Mizuho bank, AEON bank,...
There is only one bank that accepts bitcoin as a payment of their every customers in our country, but they are not accepting bitcoin as an investment yet, maybe in the near future, and I'm looking forward to that. I still don't know if it is a good idea to invest our bitcoin in the bank but we will never know what is going to happen though if we are not going to try it. |
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Cashmadam
Newbie
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Activity: 10
Merit: 0
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November 03, 2017, 07:51:19 AM |
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I doubt banks will ever accept Bitcoin. Bitcoin is a huge threat to the existence of banks. The evolution of Bitcoin might put an end to the existence of banks in the near future.
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stadus
Legendary
Offline
Activity: 3094
Merit: 1292
Hhampuz for Campaign management
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November 03, 2017, 07:53:57 AM |
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I doubt banks will ever accept Bitcoin. Bitcoin is a huge threat to the existence of banks. The evolution of Bitcoin might put an end to the existence of banks in the near future.
Indeed, it's unethical for them to support what they think will replace them someday, it's a battle of interest here and I believe the banking industry will aim to continue to control the finance in the country, they will not allow new system will come as the centralization should remain in order for them to stay in power. |
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kukurikapu
Member
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Activity: 134
Merit: 18
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November 03, 2017, 08:00:33 AM |
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Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
There is. No. There are. Because there are many banks are open to the rise of technology and the rise of economy. They are now accepting bitcoin as a fund. As the number of users increase. The banks are also open to accept many costumers. The banks who accepts bitcoin are those who wants to achieve high income. |
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e-coinomist
Legendary
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Activity: 2380
Merit: 1085
Money often costs too much.
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November 03, 2017, 08:32:39 AM |
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I heard that, there are many banks in the world accept cryptocurrency in various forms such as bitcoin bond trading or using the platform of ripple. Some of them are Goldman Sachs, Barclays, Mizuho bank, AEON bank,...
There is only one bank that accepts bitcoin as a payment of their every customers in our country, but they are not accepting bitcoin as an investment yet, maybe in the near future, and I'm looking forward to that. I still don't know if it is a good idea to invest our bitcoin in the bank but we will never know what is going to happen though if we are not going to try it. The smaller banks that arrived new at their scene are experimenting. Ripple has been present at Fidor, a branchless bank from Munich. But I had no success in utilizing that in any way. Dunno why they picked XRP from all the offers. Like wanting to embrace BTC without calling that dabbling with BTC because of some sort of backslash fears. If any Exchange Traded Funds "ETF" pop up that could break new pathways. |
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